Binod REVEALS why he QUIT his job | Binod Shankar: Author / Speaker / Ex-MD: Kaplan Genesis

Welcome to The Dollar Diaries podcast, where we dive deep into the world of finance, money management, and everything in between. Join your hosts, Jamilah, Guhaesh, and Abubakr, as they embark on a journey to unravel the mysteries of money and share their own experiences along the way.🎙️ About The Dollar Diaries 🎙️The Dollar Diaries is your go-to podcast for all things money-related. Whether you're a seasoned investor, a newbie saver, or somewhere in between, we've got you covered. We explore diverse perspectives on managing money, making smart financial decisions, and even navigating the occasional financial hiccup.💡 Meet Your Hosts 💡Jamilah: With a background in marketing, Jamilah brings her unique take on money matters. She's on a mission to turn her 10 into 100 and share her insights and challenges with you. https://instagram.com/jamilahparekhhAbubakr: As a finance major, Abubakr's journey is a blend of knowledge and learning. He's determined to prevent his 10 from turning into zero, and he's here to uncover the secrets of successful money management. https://instagram.com/bbaakkrrrGuhaesh: A finance enthusiast who's always up for a stimulating conversation. Armed with a degree in finance, he has an insatiable curiosity for unraveling intricate financial concepts. https://instagram.com/guhaeshEpisode Transcript:

Binod Shankar - an exec. coach, podcaster, author, CFA and the ex-Managing Director of Kaplan Genesis talks about the following:- Societal pressure vs. individuality and self-discovery.

- Impact of the education system on stifling curiosity.

- Need for practical knowledge and life skills.

- Analyzing the symbolism of wearing a tie.

- Challenging conventional dress codes.

- Colonialism's influence on India's formal attire and education.

- Varied educational approaches across regions.

- Encouraging self-awareness of personal traits and values.

- Balancing stable job vs. entrepreneurial leap.

- Debunking the glamorized view of entrepreneurship.

- Addressing sunk cost fallacy.

- The danger of staying in the comfort zone.

- Quote emphasizing consequences of self-betrayal.

- Influence of risk appetite on entrepreneurial ventures.

- Role of social safety nets and economic stability.

- Improved economic conditions boost entrepreneurship.

- Role of safety net and financial stability.

- Summarizing the shift towards entrepreneurship in India.

- Emphasizing the need for balance between conformity and pursuing ambitions.Producers: - Abubakar Sajith: https://instagram.com/bbaakkrrr- Aditya Poddar: https://instagram.com/redbullvodka_- Emmanuel Almeida: https://instagram.com/emmxnu- Guhaesh Subramanian: https://instagram.com/guhaesh- Jamilah Parekh: https://www.instagram.com/jamilahparekhh/- Liz Ann D'Souza: https://www.instagram.com/lizann_10/SPEND LESS: SPEND LESS is an online community for young adults who are eager to build a financially stable future while not compromising on the joys of life.🫂 Join the community NOW!https://chat.whatsapp.com/FG67aEgWQa5IP1W1ue5J8sSocials: Twitter- https://twitter.com/theTDDpodcastFacebook- https://www.facebook.com/thedollardiariespodcastInstagram- https://www.instagram.com/thedollardiariespodcast/Twitch- https://www.twitch.tv/thedollardiariespodcastLinkedin- https://www.linkedin.com/company/spendless-cash/

Timestamps:

00:00 - Intro

00:56 - Book

01:41 - Background

03:17 - As a 20-year-old

04:30 - Regrets

05:29 - Education and Society

10:33 - Neckties

11:50 - We don’t question

13:00 - Colonization Influence

16:10 - Leaving Corporate

19:33 - Entrepreneurship

23:27 - Change