Apart from philosophical indulgences, I also run a business. The first ten years of my entrepreneurial life were mired in losses. Fortunately the subsequent ten have been much better. I am not an MBA, I have learnt management the hard way (much like Jamal in Slumdog Millionaire). Here are a few things which have made a big difference for me: 1. Have a genuine interest in the well-being of your people. Just as it