Acharya Prashant (AP): How do we begin?
Questioner (Q) (Nitesh): Yes, we’re here again. I know we spoke in the past about different topics. But I decided to use your help, or use your insight, into leadership and management side of things of life, and so we arranged this for today. So just wanted to get your insight into how effectively, how I can best manage things from my end. So, I run accountancy practice in the UK. So, I have four staff in the UK and three now in India. And so, we provide accountancy and tax services to various clients, mostly in the UK. So, we interact with lot of clients with various needs. So, there’s a client management side, is one thing and then we also have staff who do the necessary work. So, we have staff as well to manage. Although it’s a small, four years into growth, but it’s growing, so, you know, hopefully, growth will continue. And so, we’ll probably end up with more staff and more clients in future. So how best to manage staff as well as clients and how we can provide service to both the clients and the staff basically?
Q2(Sumeet): I also have similar questions. With Nitesh’s help, I’m managing two people for Nitesh in India. I also want to understand how to manage them in the most efficient manner. What principles to utilize? Of course, there are contemporary principles, which I can implement and deploy. But you talk about different principles about success, about learning, about career. How practical are they? Does everyone understand? Will everyone accept those principles? I’m happy to accept, but the people who I’m going to use it with, will they be able to come on board?
AP: So, let’s take that as the opening question. You see, principles are a load to carry. In this moment you ask me something, and if I have to go back and figure out, dive into some repository of principles and see which one is applicable in this situation, and then see how to apply that, then the response will be very manufactured, late, and ill-suited. Principles really are a stop-gap arrangement. For those who do not yet quite understand the master, the skilled one does not really go by principles, there is a certain deftness. Certain people call it an intuitive clarity, but it’s not even intuition. To put it very purely, it’s just understanding. You see, you act. And the seeing and the actor spontaneous. One. Concurrent. Give me an example of a situation in which you feel the need to apply a principle.

