In any endeavour or path to achieving a goal, humans will always face obstacles. I have figured that easiest pathway to achieving goals is multi-fold :
1. Choosing one and only one Primary goal and that goal only.
2. Figuring out a critical path ( the highest impact and the most probable pathway to get to that milestone/goal )
3. Understanding the events involved in the critical path
Accruing / directing ALL of one’s resources ( time, money and attention ) towards those events which will clear the critical pathway, systematically, methodically and consistently.
4. Ruthlessly deal with distractions and eliminate anything in your way that doesn’t contribute towards an event on the critical pathway.*
5. Execute on the critical pathway every single day, at least for 90 minutes, 7 days a week , 365 days a year untill the pathway is entirely traversed. Then Observe, Orient, Decide and Act on the next goal.**
Goals are achieved by beating obstacles. Obstacles are beaten by theorising critical pathways and creating event chains to execute to traverse the pathway.
*Of-course the entire organisation cannot focus on the critical pathway, its gotta be an elite taskforce while the rest of the army paddles on set processes and methodologies.
**This concept of critical pathways applies to every aspect of one’s life – health, career, relationships, anything at all. I have personally used this to solve business and health problems alike. The major ingredient is FOCUS.
As a result of a CONSISTENT and willful effort. That is exactly how it is intended to be: like the small hand of your watch. You know it moves, but you CAN NOT SEE it moving. This, I understand.
You come home to a building that is completely disconnected from the main grid. Has a self sufficient solar rooftop system that generates and transmits power and data to all your smart appliances via BPL fibre optic cable lines in your walls. While these ‘genmitter solar plants’ on your and your neighbour’s rooftop communicate between themselves through Li-Fi and transmit power over PoWifi , you , the user, are communicating to the internet with a 224GBps Li-Fi connection inside every single LED in your home and then to your smart rooftop solar power/data genmitter plant, which communicate between themselves across the whole city , which in turn talks to a deeply knowledgeable power/ data network which understands who needs how much power at what time of the day in which part of the year , across every single node in the whole wide world. This enables it to transmit, store , augment from other sources – from that part of the world which is power surplus to that which needs the demand fulfilled – thereby creating a seamless international energy exchange. All using the sun, silicon, light and lithium.
Meanwhile, you just came home from work – oblivious to the years of human creativity to have gone into creating such a world from the world that we live in now and you proceed to park your electric car to in your garage where it regularly gets its wireless charge session from your Li-Ion basement.
Tell me. If you saw this world in your mind’s eye every single day, wouldn’t you want to show your fellow man the marvel of this reality, when it comes to life. That’s why I do what I do.
The day is not far and the future is not crowded in a distant darkness. The future is bright. Literally and figuratively.
For any goal , determine the timeline and the fundamental unit ( prospects, prototypes, candidates etc ) and the probability of unit to product. then work on the number of units to act on in tranches so that each of these successive tranches will have better actions and thereby increasing your probability to convert into product.
Example : in product development, you have one year to get the first version out, the probability of iterations ( units ) to market ready version might be 40:1 . So you need to figure out a timeline and a set of actions everyday that will enable you to come out with 40 units within a year and automatically you wil have a market ready version.
Peculiarly, India is on the cusp on creating a demand supply distortion in the value chain of real estate and solar.
While in solar, we have actually shot ourselves in the foot by proposing extra-ordinary amounts of will backed by little to no action and thus lost credibility ; we have also turned around and proposed REITs and trust vehicles.
What’s more? The trust vehicles REITs proposed in the current structure are promoted to be operated by the developers themselves- in this case, it could even be the solar developers if they buy and build on the land, which I doubt they will because that is a distraction.
This infact will create an incentive for the solar developers, executives and officials to buy low cost land ( which becomes increasingly high cost over the course of execution of this 60 GW ) and gather them in a REIT structure , where they shall route their own ‘leasing revenue’ from the power plants and SPVs( which can also be an solar asset yieldco) back into their “REITs”.
If and when, the 60 GW target starts coming to fruition, we can infact see a partnership between two disparate entities – the REITs ( the UNITECH, THe Embassy Group, DLF etc ) and the Solar Yield-cos ( TERRAFORM and the likes )
Interesting times ahead for Indian solar and Real estate sectors for the next two decades.