Price is what you pay; value is what you get.

Warren Buffet

Read it again.

And now let the meaning sink in.

How many times have you thought of the difference between value and price? How many times have you considered them to be the same?

If I sell you a new iPhone for $2000, you’ll never say yes to the deal. Why? Because you see the price to be much higher compared to the value you feel you’d get out of it.

But let’s say I am ready to pay you $2000 for your present phone which you’re using, without you being able to keep a backup of the files in it. Would you agree?

Again no.

Why? Because in this case, the perceived value of your phone (along with all the information and memories in it in the form of digital data) is seen as much higher than the price am willing to pay for it.

And these basics apply to every transaction in life – whether you’re buying something from your local grocery shop, whether it’s the new tuxedo you saw on offer or even if you’re negotiating the salary for your new job.

What the organization pays you is the price they’re “buying” you for, with the goal of extracting more value from you. And from your end, the price you agree on is the price you believe you’re worth, for the value addition you’re giving to them.Continue reading

We all consume content. Everyday.

It might be through watching videos on YouTube while sitting on your couch, reading your timeline on Twitter during your daily commute, scrolling through your Facebook Feed during the lunch breaks in office or reading on your Kindle before you sleep.

But what do you consume?

Or rather, do you consume something of value?

A very good friend of mine once told me –

You and your thoughts are the sum average of the things you read…. of the things you consume. Because it showcases how you use your time. How you value it.

 

And it couldn’t have been more true.

Do you spend multiple hours a day sifting through cat videos for a good laugh? Do you read about the latest gossip in Tinseltown and who has married whom or which celebrity got a new tattoo on what part of his body? Do you scroll through all the twerking videos on Instagram and imagine yourself to be the next Musically superstar?

Well, maybe you do. Maybe you don’t. I don’t judge you for that. But I have always believed that our brain trains our thoughts based on what we feed it.Continue reading

 

Take a minute. Think about the success you have had in your professional or personal life in the past one month.

 

It can be anything. You got a new job, your project received appreciation from the client, you won the lottery, you proposed to that person you have had a crush for long, your kid secured full marks in Maths, you repaired the lawn mower or maybe you just made the best toast you have ever made.

 

Do you define them as success?

 

Yes? Good.

 

No? You should.

 

Allow me to explain.

Continue reading

So here we are. Yet another Facebook related controversy. Yet another set of questions being raised about the privacy of our data with Facebook and yet another blog post on the matter.

But what we’ll be talking about here today is more than the issue at hand and more about a pre-emptive issue that gives us, the layman Facebook user, an insight into how much actually the platform knows about us. So much so that am sure even my own mother doesn’t know about me!

Well yeah. My mom doesn’t know that in 2010 I updated my Facebook status while writing my University Exam, saying how pathetic the question paper was. The first person to comment on that was my lecturer herself, who definitely wasn’t happy about that.

So what does Facebook data actually tell us? How much does Facebook know about us? Lots if you ask me. Here’s how to get started.

 

Downloading your Facebook Data

  1. Go to Facebook Settings.
  2. General Tab.
  3. At the bottom of the General Tab you’ll see an option “Download a copy of your Facebook Data“.

Based on how much stuff you have uploaded to Facebook over the years – text status updates, images, videos, GIFs etc. it might take some time for the data to download.

You’ll receive two emails. One as soon as you request the download, looking something like this –Continue reading

This is a Research Essay on the given topic I had done during the first semester of my Masters in Communication and Media Studies. The conclusions are based on my findings and my perceptions of how the industry in Silicon Valley evolved. I’ll be glad to hear any supporting or alternate views.

It’s a long read. Thanks for your patience.

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Silicon Valley has long been known as the innovation and technology capital of the modern world. Housing some of the top tech companies, it has seen tremendous economic and creative growth since the 1970s. Silicon Valley Institute for Regional Studies (2017) shows that of the top 10 patent generating cities in the US, 6 are based in the Silicon Valley. 39 of the companies listed in the Forbes 1000 list are again based out of this Southern Bay area of San Francisco (Forbes 2017).

As the manufacturing economy of Detroit fell in the 1960s, the innovation based economy of Silicon Valley grew. This shifted the complete focus of the US Government towards the region. Supported by the greatest minds of Stanford University, located near to the San Francisco Bay area, the support extended to the technical communities and graduates in the area grew by leaps and bounds. The all-round support from the government, academia and the industry played a major role in the growth of Silicon Valley as the pioneering face of technology. But this tech-fueled prosperity has seen a steep decline since the 1990s, owing to a multitude of reasons – technological, financial, economical and also in terms of the support system. In this essay, we will be discussing about the rise, fall and the reasons behind how the innovation culture of Silicon Valley has died since the late 1980s.Continue reading