Tuesday, November 19, 2013

7 Life & Financial Lessons from Sachin Tendulkar’s Farewell Speech

I got this mail in my inbox and found it is suitable for everybody who is working. I was about to write something related to this but then realised that if somebody has already written, there is no point on writing similar topic. However, my blog post have been completely different and would have been focussed on career.
Thanks a lot to Hemant to allowing this blog post to share.
I agree to the point that the retirement is inevitable but not only retirement, the job also comes with uncertainty and one need to plan it carefully.

You may read it, enjoy it and comment on it too.

7 Life & Financial Lessons from Sachin Tendulkar’s Farewell Speech

The “Die Hard” and “Expandable” fans could not hide their tears when the Master was thanking from the center of the Wankhede Stadium, after his last performance. To surprise all he was with a paper with pointers so that he does not forget anyone. If you noticed he started with his late father and went on to thank till the fans who yelled Sachin…Sachin, in such a brilliant order covering his parents to family, in-laws, friends, gurus, people on the field, off the field that one can never debate if he missed anyone. The perfectionist, the finisher and the legend may not return to field again but even in his last speech he taught us a few lessons.
s 600x338 7 Life & Financial Lessons from Sachin Tendulkar’s Farewell Speech

Let me try to put forward a few lessons from Farewell Speech:

1. Retirement is inevitable

  • He said “My life, between 22 yards for 24 years, it is hard to believe that that wonderful journey has come to an end”
  • Message for you “Retirement is inevitable – gymnasts retire at the age of 18, athlete at the age of 25, other sportsman at 35, and you may be at the age of 55 or 60. Only politicians never retire so they don’t have to worry about money after retirement. But you are not that lucky, you should always remember that you have to save & invest enough for your golden years.”

2. Do not find shortcuts

  • He said “My father gave me freedom at the age of 11, and told me that [I should] chase my dreams, but make sure you do not find shortcuts. The path might be difficult but don’t give up…”
  • Message for you “There are no shorts cuts to success; you have to really work hard to achieve your dreams. Avoid “get rich quick” schemes, whenever you think about short cuts in investments, think of Snakes & Ladders game.”

3. Coach can play important role

  • He said “And it all started from the age of 11 when Ajit (brother) took me to Archrekar sir, my coach, and from there on my life changed. Sir has never ever said ‘well played’ to me because he thought I would get complacent and I would stop working hard.” He also thanked other coaches.
  • Message for you “Why ‘God of Cricket’ need a coach? He was talented and luck in his favour when injuries occurred but why an advisor? Coach/Advisor is someone who can give advice based on his experience, keep your head cool & can take decisions without emotional impact.”

4. Behind every successful man, there is a woman

  • He Said “Anjali (wife) took the initiative to step back and say that ‘you continue with your cricket and I will take the responsibility of the family’. Without that, I don’t think I would have been able to play cricket freely and without stress.”
  • Message for you “If your spouse is homemaker that doesn’t mean she is not contributing to your financial success. She is… & she needs big appreciation for that. Even if she is not interested in managing finances, make sure she participates in setting goals & her goals should get higher priority than your personal goals.”

5. Have balance in your life

  • He Said “Time has flown by. I wanted to spend so much time with them (kids) on special occasions like their birthdays, their annual days, their sports day, going on holidays, whatever. I have missed out on all those things.”
  • Message for you “This is Regret. Before starting financial planning process for our clients, we conduct couple of Life Planning exercises. And one thing that is common in every case is – they are not able to give quality time to family. Time is flying…. ”

6. Being healthy

  • He said “I would be failing in my duties if I did not thank all the doctors, the physios, the trainers, who have put this difficult body together to go back on the field and be able to play. So a big thank you to all three of you for keeping me in good shape.”
  • Message for you “Managing stress free life is not just making good investments and buying mediclaim & term insurance. You have to keep yourself abreast on daily basis. Keeping a healthy diet, exercises, managing stress-free work life, regular medical checkups are few things which one must follow. Life it not a 100 mts race where you put your best in the first 25 mts. It is a marathon with lot of laps and you need to keep replenishing yourself to see yourself a winner.”

7. Bigger Purpose

  • He said “I had a brief message for the team. I would like to repeat that. I just feel that all of us are so, so fortunate and proud to be part of the Indian cricket team and serving the nation.
  • Message for you “Try and figure out the–bigger picture and make the best of what you have. Feel and appreciate what you are part of. In finance your family well-being can be your salvation, so try to achieve it without accumulating tensions. This will not only ensure success but give you the all elusive satisfaction which we all seek, albeit unconsciously. And once you achieve your goals – try to do something for society.”
Apart from the final thanks-giving speech, one thing which Sachin has repeated again and again in his interviews is that having idols in life is important but our own individuality needs to be nurtured. He was a great fan of Gavaskar and Viv Richards. But he does not mirror any of them. He had the stability of Gavaskar and attack of Richards. He came to cricket when new forms of the game like one days and T-20 were flourishing. He adapted to those styles and in fact introduced few shots which millions of fans would remember forever. Sachin gives us the motivation and focus for sure, but ultimately we also need to use our own judgments when the moment arises. So weather its choosing an investment or a job we need to access our strengths, opportunities and situation and then do what is best suited for us.
Well Done Sachin… We will miss you…
- See more at: http://www.tflguide.com/2013/11/7-life-financial-lessons-from-sachin-tendulkars-farewell-speech.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+tflindia+%28The+Financial+Literates%29#sthash.3Ne4JJTH.dpuf

1 comment:

  1. Is doing hsc from yashwantrao chavan distance education holds credibility??


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