Goofyspeak

  T The Dichotomous Professional Today's professional often exhibits a dichotomy: one side is genuine, the other contrived. The contrived aspect is typically cloaked in corporate attire, communication, and protocolled behavior. Thus arises the question: Is it necessary to be a dichotomous professional? While conventional wisdom urges authenticity, honesty, and directness, the pressure to conform can lead to a dichotomous existence within the corporate world, suppressing an individual's true nature by compelling them to adopt a facade that aligns superficially with the organization. This self-deceptive dichotomy sets a precedent for expected behavior, solidifying what are considered standard corporate practices; deviations from this norm are deemed unprofessional. Yet, there is hope in the form of innovative start-ups. These companies have challenged the archaic norms of corporate conduct with groundbreaking, radical thinking and disruptive business models that empower individua...

Banking in 2020 Henry Ford once remarked, "It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." Looking back at the banking landscape of India in the 1980s, I recall, as a child, how visiting a bank was quite the expedition. Bank officers, with their domineering demeanor, seemed to lord over people's finances, dispensing money as though it were a favor. Customers often spent hours in line, awaiting a summons from the teller—akin to a capricious deity—who delighted in power plays, ill-timed breaks, and even abusive language. This was tolerated because banks, under state control, were heavily regulated. Despite the benefits of state ownership, like financial inclusion and risk mitigation—which, if absent, could spell disaster for banks as witnessed with some international banks—it also quashed the entrepreneurial drive vital for national progress. T...

  Shrinking  Dimensions: Sales and Distribution in a Fintech Startup March 13, 2016 There is an exaggerated hyperactivity in fintech space these days. Couple of years back fintech was anybody’s guess, not so anymore, today every person worth his salt (me included) has heard, read, wrote or spoke on fintech. What took precedence? Finance, technology or potential need of the customer, I think it is a cumulative idea whose time has finally come, a great idea, an even greater delivery platform which satiates a specific need of a customer hitherto un-catered using tech as a tool. However, the challenge still remains in having a sales and distribution structure which is cost effective, gives accelerated customer on-boarding and scalable in nature.Which aspect took precedence? Was it finance, technology, or the potential needs of the customer? I believe it's a combination of all three, an idea whose time has come. It's a brilliant concept, supported by an even more impressive deliver...