Browsing Ramblings

Vaasta : The Cheat Code

September21

If you’ve been in the country for long enough, you’ve probably come across the word Vaasta. It basically means you have a connection with the inside and your work will be done above the system. You will be allowed to jump ques and formalities.

I have seen people pass driving test in the first try and without the first try also. I have seen people get away with really serious crimes because they have ‘Vaasta’ with the sheik family. If you are close with the right people, trust me things can be done in a jiffy.

Usually Vaasta works well on tier 1. When you try to use your Vaasta for your friends, it usually doesn’t turn out well. It might also fuck up your impression with the person. So be wise on where to use what and for whom.

How to make Vaasta? Now this is a tricky question. As an expat it is not easy. The usual source of Vaasta is the Local Sponsor for your business. More affluent your sponsor is, more favors he can pull in for you. So don’t be surprised when you see big firms having sheik family connections. Its pretty normal.

So the point here is. Vaasta is important and don’t mess with people having Vaasta. Can get you into shit !

The cost of happiness !

September19

I watched the movie ‘Barfi’ Yesterday. The movie is about a deaf and mute guy who find happiness in the smallest of things. The movie made me think. Is money everything? Is there more to happiness….

My quest for money started because of sheer paralysis that lack of money brings to your life. I worked myself up till I could cover my own expenses. After all the money, was I happy? I don’t know. People do say, I killed the child in me through the process. But every one grows up ye ?

I am sure that I can work like a dog now and make lot of money. Everything comes at a cost of something. I’ll be trading my immediate happiness here. Will I be able to buy back all this lost moments later ? Will I be healthy enough to live those moments again? I don’t know.

There is a lot more to happiness than that meets the eye. I think its going to take a while before I actually find out what makes someone happy? What makes someone keep going through? What makes it all come together? What makes it all worth it !

Why trading in Dubai Markets doesn’t make sense ?

September19

Lately, I was looking into Dubai Financial Markets. I was looking into details of how I could buy and sell shares of Dubai Based Companies. First of all, there is very little information out there. Second, the trading volumes are really low. Not a lot of people involve in stock markets. Third, the broking fees are fucking high.

The normal broking fees is 0.275 percent of the amount + 10 Aed or 75 Aed which ever is higher. Based on the high broker fees, I need turnover at least 30,000 AED to justify the brokerage fees. A little too high if you ask me.

If you observe the graphs you’ll notice that the index has actually gone no where so far. Some companies have trading volume of like 10-100 shares. Either no one wants to buy or no one wants to sell.

I think from my preliminary analysis it was quite clear. I was better of with Indian markets. The scope for growth and volume is higher. The broking fees are less and the system has more transparency.

 

Building a business !

September13

I looked at all my sites and wondered which of these had a potential to get me very rich. I was looking for a site, I could build a business around. I came across 2-3 projects which had a potential.

The first thing I knew, I was not gonna do this alone. I was gonna get a team together. People who could do what I couldn’t do well. This is where I went wrong majority of  the time. Tackling issues beyond my reach alone. Fighting alone is nice but I could never make it happen.

This time things are different and I’ll be taking on a lot of projects as joint efforts with different set of people. These are people I know and have good work ethics. Lets see How it works out. I’ll keep you all updated.

Motivation

September12

When the going gets tough, the tough get going. How tough are you? Do you have what it takes to keep going when life is throwing shit at you from all directions? Its not easy. I never was, it never is. It takes motivations.

Some people have mentor who motivate them through the tough patch. Some people are self motivated. They have what it takes to stand up after being beaten up bad. These are gem of a people. Not everyone can handle failure well and stand up again to do what needs to be done.

The power of motivation is paramount. A motivated person will achieve and attain way more than a unmotivated fellow. Everyone’s motivation mechanism is wired differently. What gets me going might not work for you?

Its up to you to find out what works for you and gets you going. Do what you gotta do , to be who you ought to be 🙂

 

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