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IPL 2015: 5 money lessons from Mumbai Indians’ win

Thu June 04 2015, 9:41 am
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    IPL 2017: After losing badly in the IPL 2016, the team will be looking to make a mark this season, especially with the menacing looking squad.

  • harbhajan singh ipl

    1. The power of experience - Harbhajan Singh

    Experience is a tough teacher but the lessons taught by experience are invaluable. Harbhajan Singh’s experience helped the team to sail smoothly through crucial overs. His experience also guided the team to target important wickets and get an edge in the game. No amount of practice or technique can be as powerful a guiding force as experience. Your past is your personal reserve - a gold mine. While making money or professional decisions, take notes from past experiences – these are primed to yield rich dividends.

    Image caption: Mumbai Indian batsman Harbhajan Singh plays a shot during IPL Final against CSK at Eden Garden in Kolkata.
    (PTI)

  • malinga in ipl

    2. Razor sharp focus- Malinga

    Scene during a typical IPL match is like this - the audience is cheering, the music is blasting and the cheerleaders are dancing, however all Malinga seems to see is the middle stump! The focus is rock steady and his efforts consistent. Malinga was able to change the course of many games by picking crucial wickets with this strategy or throttling the flow of runs. That is what focus does! Decide on your goal and go after it with unflinching focus.

    Image caption: Chennai Super Kings captain M S Dhoni bowled by Mumbai Indians bowler L Malinga during the IPL final match at Eden Garden in Kolkata.
    (PTI)

  • mumbai indians win ipl 2015

    3. Form is temporary but class is permanent - Rohit Sharma

    Rohit Sharma has demonstrated ultimate class by gracefully leading the team to the numero uno spot! Mumbai Indians captain has shown outstanding determination and persistence as he led the team through initial failures to the ultimate win in the final against a formidable foe – MS Dhoni-led Chennai Super Kings. Losses on the way through this season's IPL had people questioning his current form. But he knew that form is temporary. He continued doing his job to the best of his ability and it clicked at crucial junctures! We must bear this in mind while investing in equity as well. Good stocks may temporarily sway due to market sentiments or other factors. But in the long run, investing in companies which are focused on their business will definitely yield rich dividends.

    Image caption: Mumbai Indians team owner Neeta Ambani and captain Rohit Sharma celebrate their IPL 2015 win at Wankhede stadium in Mumbai.
    (PTI)

  • sachin tendulkar ipl 2015

    4. Expert guidance - the best mentor combos!

    Expert guidance is an essential requirement for top notch performances. Coaches help validate the methodology, help correct plans in case things are not going the right way and also provide psychological support to the team when the times are tough. Chief Coach Ricky Ponting in his interview after Mumbai Indians won stated that he always believed in the team’s talent and hence the initial losses did not deter him. He continued guiding the team and building strategies which lead to the spectacular win in the IPL final. They also had the phenomenal mind of Sachin Tendulkar to fall back on to come up with effective solutions. Similarly, it is essential to have mentors in our life to guide us. Coaching helps you to implement strategies which are rich with experience. And that means approaching a financial planner whenever possible and allowing him to guide you through the complex world of finance.

    Image caption: Mumbai Indian Icon Sachin Tendulkar greets coach Ricky Ponting ahead of their IPL 8 final match against Chennai Super Kings at Eden Gardens in Kolkata .
    (PTI)

  • mumbai indians win ipl 2015

    5. Never say die spirit!

    After losing the initial couple of games this season, it was easy for the team to get bogged down and blame the pressure. With the audience doubting its abilities, it takes courage to get on the field and play your best game. Mumbai Indians dealt with the tough times with patience and persistence. No matter what people around them said, they maintained their high spirits and focused on the trophy. A resilient spirit is what differentiates winners from the rest. You just have to keep working away to fix problems, find solutions no matter what and deliver your best, every single time. Here is Shiv Khera to round up the argument: Winners don’t do different things, they just do things differently. Imbibing the above qualities will help you achieve your money goals.

    Image caption: MI team celebrates with trophy after the final of the IPL 8 between Mumbai Indians and Chennai Superkings at Eden Gardens Stadium in Kolkata.
    (PTI)

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