Tag: steve jobs

Project Thirty, Hippies and Capitalism

After getting out of Goldman Sachs (phew, now that I’m out, I can “out” myself. Was majorly stifling working for a company that stressed so much on “reputation” and stuff) two months back, I’ve put myself on a fourteen month long scholarship which I’ve titled as “Project Thirty”. As the title suggests, this scholarship will last till the day I turn thirty, which is in a little more than a year. There is no fixed amount of scholarship, but the funds are to be drawn out of the considerable savings I made having been a fat cat banker for a little over two years.

During the period of the scholarship, I’m forbidden to take up full-time employment. I am, however, permitted to pursue other money-making opportunities (as long as they don’t end up in my taking up a full time job). I’m setting myself up as a freelance quant consultant (right now the biggest pain point is it’s tough to explain to people what exactly I can do for them), and if things go well, that should provide some good supplementary income. However, the intention of this break is not to just take a shot at entrepreneurship, or explore non-linear opportunities for making money. It is fundamentally to do all those things that I’ve always wanted to do but never got down to doing during the first ninety percent of my twenties.

The Eureka moment happened some three-four months back, when I was reading some article on the internet about life expectancy. It was around the same time that I read the famous Steve Jobs speech, and I started thinking about what I’ve achieved in life so far. IIT, check. IIM, check. Brand name employers, check. Beautiful and intelligent wife, check. Some sort of local fame, check. I would be lying if I were to complain that I haven’t had a good life. However, several gaps remain. Found my calling in life, no. Stuck around in a steady job for an extended period of time, no. Made lots of money, not really. Traveled the world, not really. Wrote a book, no. Played for a band, no. And so it goes on.

It was around that time that I realized that it is not so bad to have regrets in life when you are twenty nine (which I’ll be next week). Thirty is still not too old, and you are still reasonably fit, and able to do all those things you’ve already wanted to do. What is not okay is to have regrets in life when you are fifty, or sixty. There is only so much of life ahead of you to make amends, and it could already be too late to do some of those things that you’ve always wanted to do but never gotten down to doing.

Project Thirty is the result a culmination of a lot of things. These thoughts. The fact that I’ve never really been happy in any of the high-paying high-pressure jobs I’ve been through. Stress. That though I’ve been married for a year now (today’s my anniversary), we still don’t plan to “start a family” for a while which gives leeway in terms of finances. That I haven’t yet really “found myself” and need to make an effort to do so.

So far, though, two months on, it has had mixed results. On the minus side (let’s quickly put that away) there’s been a lot of NED. I think I end up wasting too much time doing nothing (ok I’m not sure I should call that a “waste” but still I don’t feel good at the end of it). Then, a lot of writing which I want to get published in the mainstream media is lying on the hard disk of my desktop, as I haven’t really mustered the confidence to reach out to editors and send these out. I’ve identified one client for my quant consulting shop, but again haven’t been confident enough to approach them.

On the plus side, though, I have got a lot of writing done. I have started learning to play the violin again, this time in Western Classical style, and so far I’ve been really enjoying it. I’m associated with a public policy think tank and am doing some work for it. I gave (what I think is  ) a rather well-received speech on auto rickshaw economics. For the first time in my life I set a quiz which didn’t receive much flak. Watched cricket and football. Traveled a bit (a week in Turkey). And overall I’ve had a lot of peace of mind.

So what are the hippies and capitalism doing in the title of this post? Essentially given my current situation I don’ get why hippies are anti-capitalist. Because capitalism is precisely the reason I’m able to afford a sort of “hippie life” (using Aadisht’s definition) currently. Had I been living in a communist country, under the “from each according to his abilities” paradigm, I wouldn’t have been allowed to take this time off!

Working for money

One of these days during lunch at office, we had a fairly heated discussion about why people work. One guy and I were of the opinion that the primary reason people work is for money, and everything else is secondary. The third guy, who among the three of us perhaps works the hardest, argued that “people who make a difference” never work for money, and that it is only “ordinary people”, who have no desire to “make a difference” that work for money. He took the examples of people like Steve Jobs and a few famous scientists to make his point.

Now, while I agree that money is the primary reason I work, and which is what I argued that day during lunch, I disagree that the end-of-month salary credit tells the whole story. The way I see it, you need to take a longer-term view of things. So while the short-term money you make is important, and affects important decisions such as quality of short-term life, a more important thing is sustainable returns. While you do your work and get that end-of-month salary credit to bolster your bank account, an important thing is about how much the work you’re doing now will contribute to your income later on in life.

Digression 1: I keep oscillating between wanting to retire at forty and wanting to retire at sixty. And I must admit I haven’t frankly decided which one is more suitable for me. This analysis is more relevant with the retirement at sixty model (which is what I think I’ll end up following, health etc permitting). End of Digression 1.

Digression 2: Not so long ago, some people in my firm wanted to recruit “software engineers from IIT with two to three years of work experience”. Being one of the “CS guys” around, I interviewed quite a few people for that role. Their CVs indicated that had we “caught them” on campus, they would have been sure hires. But two years at a software services shop, I figured in all cases, had made them “rusty”. Spending all their time in mind-numbing activities (like building UIs), they had failed to build on the skills that would have been useful for the higher-up-the-value-chain job I was recruiting for (finally that team went to IITs and got a bunch of campus hires. They gave up on lateral hiring altogether). End of Digression 2.

Those two digressions weren’t particularly meaningless. I guess you know where this post is headed now. So, the thing with a job is that along with the short-term benefits it provides, it should also help you build on those skills that you think you can monetize later on in life. Every job (most jobs, really) teach you something. There is constant learning everywhere. But what matters is if the learning that the job offers is aligned with the kind of learning that you think you are geared for, which you think you can monetize at a later point of time in life.

I still claim that I work for money, but just that I take a longer-term view of it. And I strive to learn those things on a job which I think will be helpful for me in terms of monetization at a later point of time in my life.