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How hard is the USMC and the Crucible itself?
At the start of the Crucible you are given 3 MRE’s. The Crucible is 3 days long and you are not told when to eat. You are to ration the food to make it last the 3 days. In the ‘field’ chow is continuous, meaning there is not set time everyone sits down to eat. You just eat when you can.I had eaten almost all 3 of my MRE’s on the first day! The last two days I was so hungry I could think of nothing else but getting through the rest of the Crucible and the hike to get to that famed Warrior’s Breakfast. All of the physical activities we were doing were just background noise in comparison to my hunger.By the time you reach the Crucible, as the others have said, you are most likely in the best shape of your life. Running over obstacles and wading through mud puddles is supposed to be easy by that point. I don’t think the Crucible is designed to test your physical performance, it’s way more mental. You just have to remember that YOU can do it. I always thought of the people who have made it through in the past and I knew at least some of them had to be a little weaker, a little less intelligent than I was. If they could do it, surely I could.I was a team leader in my platoon and I had a guy in my team who struggled with weight and running. On almost every single run, every day, he would fall behind. I would have to run back and get his ass back up to the front. Something I would say to him that always got him to move his feet was, “Just imagine that the people you love, the ones back home who are so proud of you for being a Marine and think so highly of you, just imagine that they are watching your right now.” He would immediately dig down and start running up to the front. If you keep that in the back of your mind throughout your enlistment, you will be just fine. If you happen to be one of the people who just seem to struggle, if it’s the physical aspect or even grasping concepts, your brothers will be there to help you through. Marines always have each others backs.
What are the main areas that one should learn during CA articleship?
This hunger for more knowledge is good for a CA Student. It is a very good idea to know what others have learnt and re-assess oneself on the basis of same, so that you become equally competent. This is a good way of improving oneself.Part A - About the core Knowledge:(a) What your firm operates in - you can't do much beyond that.Core Knowledge = Practical Knowledge about areas your firm is operating in.See the firm you have chosen or you got into, basically will provide you with the knowledge of some of the fields in which Chartered Accountants works. You cannot gain knowledge about all fields in which Chartered Accountants work, since the scope is very wide and whether it is a Big Four or a sole proprietor Chartered Accountant, nobody can give you work experience in all fields. So basically these core areas where you get to work - you have to be satisfied with the same. All you can do is - learn from experiences of your friends who are in to different core areas. This is a rigid area, and not much can be done in this.(b) Try to get an assignment in all kinds of activities that your firms do -You can't go out of the box in which your firm operates, but atleast you can learn everything that is in your box.Many articles run away from certain things - saying it is a low category assignment or not so fascinating. It is because they all hear it from their friends about the big industry they worked in and blah blah things. But go and ask those friends, if they know, what is the procedure to obtain a PAN card and a duplicate PAN card? What is the procedure to obtain Shop Act? or atleast if they know what is Shop act?My Insights -In our office they didn't used to allow articles to do that, the administrative people like Bcom people used to do that. But I insisted on the same, to allow me to do them once. The task was easy, but it was something very basic that I learnt. Later when you start your practice or job, these are somethings that give you edge over others. If you become an entrepreneur, you can handle those things yourself. So it is beneficial always.(c) Try to get assignments in all kinds of industries that firm works in -Basically most Chartered Accountants work in some fixed industries since when you do good to one client, similar clients get attracted, so automatically, you will see that most clients are of similar category. As an article you should try to do audit of all kinds of organizations -Based on organization type like Sole proprietor, Private limited companies, Partnership firms, trusts, public limited companies etc.Based on different business forms like Retailers, Wholesalers, Chain stores, Manufacturers, Service providers, Traders, Consultants, Support Services, Maintenance services, Export oriented, etc.Based on different industries like IT, E-commerce, FMCG, Finance, Automobiles, Telecom, etc.Based on Tax benefits or special act companies like religious trusts enjoying benefits u/s 11 or 12, regulated companies like insurance, banking, etc. or may be companies in Special Economic Zones, etc.A Piece of Advice -You won't find all of the above in any one firm. Such firms giving such wide opportunities don't exist. But thing is - you need to explore every corner of your own firm, whatever it is.(d) Try to gain overall knowledge of all types of works -Don't think about specialization in Articleship, it is not that much useful, because if later in life that sector goes down, your career will get a full-stop. As a Chartered Accountant you must first learn all the basics of all types of work, when you become aware about basics, i.e. after articleship, then you should try to develop core competence when you find jobs or do practice.My Insights -If you don't get an assignment of different type - go to your principal and say that "Sir, I want to learn about that kind of work, if next time there is any work related to that xyz client, please give me a chance." I did it in my articleship, and I got those opportunities, Sir was happier indeed, that an article was ready to take up some sort of responsibility. I am pretty sure, 80% of Chartered Accountants would do the same. If you say politely, the teacher inside them will awake, and they will allow you to fly!Part B - Other things that you should learn during articleship - More important than above said things!(a) Office Ethics -You should learn about the office culture, how people dress, talk, meet and greet colleagues, seniors and clients. It is very important to observe how people form groups, how they make their juniors to work and seniors to help/guide. It is very important to notice, how others are keeping good relations with administrative staff i.e. HR, Clerks, etc. - something that is very helpful at times of problems. There are many more things - basically you have to learn how people operate in office and especially how your boss stays in office - since someday you too will be a boss.A Piece of advice -Learn good things only. Although I assume most Chartered Accountants are well cultured and natured, but exceptions may exist. But remember, may be your boss was good or bad, you have to become a good boss in future.At many times you feel that your boss did wrong, and he/she should have allowed you to do xyz thing. Remember such incidents or make a note of it. When you become a boss, you do them correctly. If you are able to do, you are a good boss, else you will realize had a wrong idea about your boss.(b) Printing, Scanning, Documenting, Letter typing, Organizing Office, Using appropriate Stationery -Your reaction - "Oh God! Really?"Consider this situation - you are in a corporate office, a high ranked employee. You tell the clerk to scan a document, but your clerk is new. He is not acquainted with the printer. What would you do, if you yourself don't know how to use a printer or scanner?In early days of your job or in many companies, you don't have clerks who do it for you, you have a printer next to you and you have to do it yourself. In case you don't know these, what a shame! A Chartered Accountant, but does know how to use a printer or how to unpin a staple! God! Dummies on earth.My Insights -One of the expert HR was sharing his experiences with interviewing Chartered Accountant, at a conference that I was listening to. He said, we tried an experiment successfully. We told every candidate entering into the interview room to arrange certain documents and properly organize them into a file. Now on the basis of how file was organized, they discovered candidates who had done dummy articleship or articleship of low grade, because those candidates never knew how to arrange a file, since they never did it in their lifetime.So basically the best thing about a good leader, boss, a senior or an entrepreneur is that he/she knows the work of all persons junior to him/her very well. That's why they can handle them well.So basically learn the following things and many more which I can't list out -How to properly document an Audit file?How to properly keep a permanent client record - both electronic & physicalHow printers, scanners, servers of your office, internet network, LAN systems, routers, biometrics, connections etc. work in your office.How to use correct stationery correctly? Like properly unpinning documents, or may be how to create sets for clients, income tax officers, registrars etc.How to draft covering letters, envelopes, request letters, etc.(c) Drafting Email Communications & Email Ethics -The most important part indeed of articleship. The fact is we never get opportunity to learn this anywhere else. This is a good ground to learn. Initially you can see how your boss writes email, how your senior does it. Then you can innovate it yourself.The thing is in business world, everything today goes on Email. Emails don't have a tone, they don't have smileys (means they are not used). Writing a good email, is an art. It is very important to learn how to write such kinds of emails.Emails asking client to provide information, with accurate requirement list.Polite Emails for making client realize the wrong they have done.Emails providing consultancy services. See email consultancy is a big time opportunity and costless service, in future a good means of earning.Writing intra-office emails.Whom to keep in CC, Never to use BCC, how should be the subject line, how should be the signature etc.When email shouldn't be used & telephonic conversations should be preferred, sending reminders, how to use meeting feature, etc.(d) Oral Communications - F2F or telephonic or over internetThis is again a great area to learn. It very necessary to learn how to interact with clients. The interaction can be face to face, or telephonic or over internet services like skype, etc. It very important to learn to learn how to deal with such situations. A conversation over telephone, has to be polite and discussing documents over telephone is also an art. Similarly communication over Skype is also an interesting thing to learn, one should know how to have business conversations over Skype and how to share documents, discuss & present over it.(e) Formatting documents - Something that stupids call stupidity!I have seen documents and emails from fellow Chartered Accountants, so pathetically formatted, that I sometimes wish to hit them with a stone, maybe their sense would come back then.But basically the idea is Chartered Accountants are professionals, and therefore, a professional behaviour is expected from them. The behaviour is expected highest in the documents and reports. Thus, it is very important to learn:Appropriate font sizes, font stylesHow to add tables in emails, how to structure an email, maximum size of emails, minimum size of emailsWhen to use and when not to use - bold, italics, underlines, shades, coloursHow to structure paragraphs, appropriate line spacingHow to convert documents into different formatsHow much margins to keep, how to make document print readyHow to make document secureHow to make documents self-explanatory by adding commentsHow to use various functions like footnotes, document review, freeze panes, grouping - sub-grouping, page numbers, author details etcCover page for report, report size, number of maximum pages, drafting executive summary, adding disclaimers, etc.Conclusion:The Part A makes you an intelligent Chartered Accountant.The Part B makes you an intelligent Human Being.And let me tell you, Part B is more important, because even if you don't become a CA, an intelligent human being can definitely live a good career!Ignoring the part B is very common amongst CA, and that's why MBAs getting an edge over CAs is also very common.Many people say 'Articleship is nothing but labour work', well it is because you think it that way, and that's why you are doing it that way. If you try, you will realize articleship period is life changing!
How has COVID-19 affected your daily life?
The silver lining about the COVID-19 lockdown for me personally is that it is now week 12 and I have completed book 12 for the year. For the first time in over a decade, I'm trending on target to hit my aggressive goal of 52 in 52 and feeling positive about it.Here’s a quick summary of what I’ve been through so far this year. Rather than review the books which you will easily find on dozens of sites, I wanted to share with you in a couple of sentences my key takeaways from each book.Going forward I’ll write one of these a week on my Facebook and LinkedIn when I finish a new book and make it a little more detailed than what I have here.Cheers! Happy Reading!Ro’s 2020 Reading list:1. Good to Great: Why Some Companies Make the Leap and Others Don't - James C. Collins (✯✯✯✯) Key Takeaways: This book taught me the meaning of Level 5 leadership and what it takes to build your way up there. I also learned about hedgehog concepts, how to identify them for my team/org/company and how to leverage those key strengths to weather storms.2. The Rosie Project - Graeme Simsion (✯✯✯✯) Key Takeaways: This book taught me how preconceived notions and biases can be detrimental and that I should approach any new problem space with an open mind and a willingness to learn. It also reminded me why I love seeking confrontations and challenges to my beliefs and views; it’s a fantastic way to learn and grow if done right and respectfully.3. The Broken Ladder - Keith B Payne (✯✯✯✯✯) Key Takeaways: This was such a fantastic book that highlighted the very key fact that it is not poverty but inequality that is often the root of most problems. While I learned a lot about socio-economics, what drives people’s political beliefs and how that ties to where they stand on the broken ladder as well as forced myself to deeply introspect on the privilege I’m fortunate enough to live in today, my single biggest takeaway from this book was a chapter on how stress really works. Kieth has beautifully explained how stress served us anthropologically through evolution and why it is such a fantastic defense mechanism for the human body in short bursts, and, also why long term stress causes so many of today’s modern day ailments and chronic disorders. I never expected to dive so deep into medical sciences in a book that primarily focuses on economics. LOVED IT! A MUST READ.4. Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries - Safi Bahcall (✯✯✯✯) Key Takeaways: This book taught me why artists and soldiers are both equally important to any organization and how to balance them both and leverage their strengths as well as use each of them to support each other’s weaknesses. I learned how small changes on a team/organization can have massive impact in the long run and how to always be cognizant of and nurture the weakest link in the chain, the middle; this applies to the middle management of a company, the middle run of a project, etc. This book is for a very niche audience and needs some concentration. Might not be everyone’s cup of tea.5. Born a Crime - Trevor Noah (✯✯✯✯) Key Takeaways: This book taught me to appreciate the relative privilege I grew up in. By no means did I have a sheltered or luxurious childhood, in fact, we’ve seem some hard and rough days. But Trevor’s journey as well as those of some of the folks he mentions in the book really puts things into perspective. It was nice to notice a large bunch of similarities in our childhoods and that made the book very relatable. Fun on Audible as he reads it himself.6. Becoming - Michelle Obama (✯✯✯✯✯) Key Takeaways: The Obamas have been one of the couples that have inspired me the most in the last decade. This deep insight into their lives really reinforced my belief that with decades of tireless hard work, anyone can become an overnight success. Michelle Obama is genuinely life goals. LOVED IT! Another fun one on audible as she reads it herself.7. Never Split the Difference: Negotiating As If Your Life Depended On It - Chris Voss (✯✯✯✯✯) Key Takeaways: This has been my favorite book of the year so far. Everything in life is a negotiation. This book really showed me the mirror into so many things I’ve been doing wrong my entire life. I learned how to listen better and how to ask deep meaningful probing questions in order to really understand what the other person wants. It taught me some incredible skills that I hope will help me navigate my career, my relationships and the various transactions I will make during my life. I rarely do this, but this is for sure going to be a book I read over and over and over again and I’m sure I will learn something new every single time. A MUST READ.8. Caffeine: How Caffeine Created the Modern World (✯✯) Key Takeaways: This book was a long boring rant about the origins and evolution of caffeine in the natural world and how it has become the drug that takes over the world. Didn’t really learn anything from it that I didn’t already know other than a little bit chemistry.9. Talking to Strangers - Malcolm Gladwell (✯✯✯) Key Takeaways: This book taught me that our default setting is to trust people unless they give us a reason not to. I also learned that we are terrible at judging people because everyone has a different set of ways of expressing themselves but we are often only good at reading those that match our own parameters. I expected deeper insights from such a highly rater book but it was quite mediocre.10. The Signal and the Noise: Why So Many Predictions Fail--but Some Don't - Nate Silver (✯✯✯✯✯) Key Takeaways: This has been my second favorite book of the year so far. I learned difference between data and information and how more than 99% of the incredible amount of data and content that gets created every single day and that exists overall is just noise. I learned why predicting things is so very hard and how the winners of tomorrow will most certainly be those who can filter out the noise. Understanding basic concepts of Data Science and Machine Learning will make this a very fun and informative read. Nate Silver is awesome. Highly Recommended for Data Science nerds.11. The Science of Sci-fi - Erin Macdonald (✯✯✯✯) Key Takeaways: I learned a lot of little astrophysics nuggets from this book. It’s a subject I’ve always been fascinated by so exploring all my favorite sci-fi universes and breaking down some of the tech in them was a nerdgasm. It is incredible how much effort goes into making sci-fi movies and in keeping them as factual as possible when it comes to the concepts of physics. This book really did take me to a galaxy far far away and then showed my what it was in fact not really that far in relative terms.12. Tell me lies - J.P.Pomare (✯✯✯✯) Key Takeaways: Lies, lies, lies. Lies are all around us and even the best of us can’t always see them. This was a thrilling read. The uber plot is a little predictable but the nuances and action in the last quarter of the book are exhilarating. The middle of the book gets super slow and draggy but overall it’s a really fun and action packed thriller.13. Developing the Leader Within You 2.0 - John C. Maxwell(Currently reading)14. Where the Crawdads Sing - Delia Owens(Up Next)Stay safe everyone. Remember to socially distance yourselves and help flatten the curve. Our forefathers were called to war, we’re being asked to sit on our couch. We can do this. Use your time to cook those dishes you’ve always wanted to, read those books you’ve always meant to, burn those calories you’ve always needed to. Remember, this too shall pass.In case we haven’t met before, I’m Rohan Kamath.Thank you for reading. I hope I could help you smile today. :)
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