Category:Chanakya
Today's article in Eenadu Newspaper on Chanakya's Principles: [1]
Financial success is yours with these FIVE Chanakya principles!
‘Chanakya’... Probably a name that does not need an introduction in India. Governance, political maneuvers, management. With his help, Chandragupta Maurya wiped out the Nanda Empire. Later a special chapter in the history of India was written around the beginning of the Mauryan Empire. Chanakya's principles for success in life are still taught as lessons in the name of ‘Chanakya ethics’. Books are being molded. He also taught many things to achieve financial success in personal life. Let's take a look at some of them.
Wealth in the right way
"Wealth must be kept in the right hands. Do not give to others under any circumstances. Sea water that turns into clouds always gives sweet fruit - Chanakya
Its growth depends on how you manage the money. According to Chanakya, if the water turns into clouds, it will return to good form in the form of rain. Turns salty when mixed in the same sea.
So if you invest your money in the right way it will give good returns. That is why you should invest in safe stocks, bonds, mutual funds including gold, and reliable ones like NPS. The same thing applies with ezines and newsletters.
Success is the goal
‘‘ Ask yourself three questions before you start a task. Why are we doing that? What are the results? Will success pay off? Think deeply about these and move on if you find a satisfactory answer. Those who do not set a goal will not succeed - Chanakya
Do not be afraid of temporary losses
"When you start a business, do not worry about losing. Do not leave it in the middle under any circumstances. Those who work honestly are always happy - Chanakya
As with all things in life, there must be a definite goal in terms of investment. Or where to invest? How much to do? How Long Should I Invest? There is no clarity on the issues. The answer to the above questions can be found if you can set a goal for your investment. Knowing how much to earn at any given time will also make it easier to know where to invest. The stock markets have undergone many corrections over the last 30 years. Disasters, scandals, economic slowdown, etc. have contributed to this. However, no matter how much the indices fell .. they recovered and set new records.
Many investors panic during market corrections. They eventually withdraw their investments when they are at a loss. This converts the losses on paper into real losses. But, those who were stable at that time later got many times more revenue.
Extreme misery
"Extreme pride led to the death of Ravana. The emperor of Bali was in trouble due to his over-generosity. So anything insane. Stay away from it - Chanakya
Chanakya made it clear that he was not overly showy in any work. This also applies to investments. Investing too much in any single investment path can have negative consequences. That is why we need to diversify our investment. There are many benefits to this. Not all investment avenues offer the same returns in all cases. If it brings some losses .. some will bring huge gains. Doing the same diversification can reduce losses.
Learning from the mistakes of others
‘‘ Learn from the mistakes of others. One life is not enough to learn all the mistakes yourself - Chanakya
We learn a lot from experiences, especially from mistakes. But, the time was worth it. So in order to learn quickly and quickly one must also learn lessons from the mistakes of others. Many successful investors and financial experts bring their mistakes and experiences in book form. You can learn many things by reading them. You can also access information on authentic websites.
See also -Chanakya :
Introduction and complete information
Different Books on Chanakya's Neeti
The Empire of Chandragupta Maurya :
Further Reading :
Chandragupta and Kautilya began their conquest of India only a few years after Alexander the Great’s death in 323 BCE. Using the principles laid down in the Artha??stra, they defeated the Nanda kings, who had ruled for a century thru the maintenance of a huge army and heavy taxation. Their next objective was to stop Alexander’s successors, especially General Seleucus in Babylon, from invading western India. They accomplished this by assassinating the Greek governors Nicanor and Philip.
The Mauryan Empire:
aking Punjab and Sindh from the Greeks, stopping the invasion of India, and forcing Seleucus to sign a treaty allowed them to complete their conquest. Once the treaty was concluded, virtually the entire subcontinent had been unified under Chandragupta’s rule, the Greeks had established an envoy at the king’s court, and Chandragupta was married to Seleucus’s daughter.
The Mauryan Empire may have been the first large centralized government that India had known, but according to contemporary sources it was very well run. Despite the autocratic nature of the upper layers of power, there appears to have been real democracy at the city and village level. Megasthenes was the Greek ambassador to Chandragupta’s court in Pataliputra (present day Patna in Bihar). In his book Indica he described the prosperity of Mauryan cities, including abundant water, plentiful minerals, and a healthy agricultural output.Although nothing of the original Indica survives today, it is widely quoted in the works of contemporary Greek and Roman travelers. According to one such source, Megasthenes is quoted as writing that, “the Indians … dressed in bright and rich colors … [and] they liberally used ornaments and gems.”
After Chandragupta’s death, the empire continued under his son Bindusara and then his grandson Ashoka. Kautilya’s advice is seen by many modern-day scholars as radical and without morality, however, many more argue that the extreme measures advocated by Kautilya (some of which surely must have been used by Chandragupta) were necessary to the times in which he lived. In any era, it’s necessary for a leader to look to the actual workings of the politics of others to determine how his administration should act and react.
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