Year 2023 started with a lot of activity - party corner operations, new Bangalore house registration, Swiggy layoffs. As they say whatever happens, happens for the best, Swiggy lay off meant I could expedite shifting to new house, the compensation for layoff helped in paying off the initial down payment. I had to find a job which happened smoothly because my friend, Arun, at Swiggy referred me to his friend, Balaji at CoinSwitch. I was also relaxed because my senior, Nihit had helped me with an interim job that kept me occupied and cash flow positive.
I had to take a decision between continuing with Amagopro or to join CoinSwitch when I received CoinSwitch offer. I chose the latter because of the wisdom I gained from my previous experiences of working at smaller companies and unorganised set ups. I don't know if it affected my relationship with Nihit. I don't know if he would help me next time. But again you never know the outcomes of decisions for sure, what you know is you take a decision and make it work for you.
I started liking talking to our traders, knowing their backgrounds, motivations to trade with CoinSwitch and the issues they were facing. I was also enjoying the data analysis and in depth data discussions with my manager Balaji and our company's CEO, Ashish. I was also involving myself all new launches (API trading, integration of international exchange) and learning a bit of tech along the way.
I had to take a decision to close out Party Corner operations because we (Sachin, Avee and I) were not giving enough attention to the business apart from investing our money. It was going anywhere with no sight of profitability in near term. With about INR 3 lac investment, 6 months of effort, it was not an easy decision to make. My wisdom from my previous experiences helped me make a decision here. The wisdom was never continue to invest in a pursuit if you are not seeing initial positive results.
I have taken active interest in swing trading in stocks. With 50k INR investment, I could make 20% ROI in 4 months. My mentor, Rajiv Khanna's blog and my friend, Gautam,'s WhatsApp group helped. I made a few losses where I had to sell at lower prices after waiting for weeks. I could not give time every day to check stocks, hence I started investing less.
I asked for promotion in october at my work based on JAS results we have shown but my manager said his manager needs more time to promote me to the next level i.e a leadership position in the company. I decided to focus on my work instead of getting disappointed with the setback. This is again from the wisdom I gained from my previous experiences. The wisdom was never push anyone to do anything for you. If they genuinely feel you deserve it, more often than not they will give it to you. Also sometimes success gets into your head, I didn't want this promotion to affect my enjoyment for my work.
In December after a vacation at my in law's place for my brother in law's wedding, I got diagnosed with typhoid. For the first couple of days, I suffered with body pains. I had to take 4 days off from work. This made me realise how difficult it is to manage with poor health. I realised my immunity has decreased. I needed to go back to basics. Wash hands, eat good food, being phychically active. By God's grace I recovered in 4 days and resumee work. When I was sick, I was getting extreme thoughts of leaving my work and focusing on my health and moving back to Hyderabad to take it easy. All those thoughts vanished when I became better again. The lesson was to give body enough rest and take care of health so it will help you maintaining good thoughts and continue good work.
My biggest learning and takeaway from 2023 was focusing on fewer and highly rewarding pursuits in both personal and professional journey. I asked myself where should I be deploying my limited bandwidth? Should it be on quantity or quality? I have decided to focus all my energy, time to my work at CoinSwitch. Any minute spent exploring other things like browsing through news, discussing on a new business plan with friends, working part time for additional money or investing in real estate or in equity would mean sacrificing my bandwidth from work. I removed Instagram, Facebook, twitter, Google news and linkedin from my phone. I stopped searching for deals on real estate and stopped engaging with friends for business ideas. I decided there are only 3 things I should be spending my time and energy
1. Health of my family and me
2. Getting promoted at work to reach leadership positions
3. Helping my wife raising our daughters
With these thoughts, I sign off from this beautiful year and look forward to new year to continue to focus on these 3 things.