1mg Founder on the Impact of AI on The HealthTech Industry of India
Dec 24, 2023
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Reflect on the past year, plan for the future, set goals, and create momentum. Explore the significance of starting the year on a positive note and reflecting on past celebrations. Learn about the power of compounding and the importance of documenting thoughts and plans. Dive into topics like global events, AI advancements, climate change, and precision health. Discover the process of goal setting, creating accountability, and cultivating an internal drive aligned with purpose. Learn about tools, systems, and support necessary for success.
Reflecting on the past year and setting goals at the start can lead to maximum impact and personal growth.
Staying informed about global events can provide valuable context and help make informed choices for the future.
Finding purpose, creating an environment conducive to goals, and showing up every day are crucial strategies for setting and achieving goals.
Deep dives
Planning for the New Year: Reflection and Setting Goals
As the year comes to an end, it's a great opportunity to reflect on the past year and plan for the upcoming year. Transitioning from one year to another is a significant moment, as each year represents 2% of our productive life. Taking the time to reflect and set goals at the start of the year can lead to maximum impact. Reflecting on what went well, what didn't, and identifying areas for improvement can help shape our approach for the new year. The power of compounding and the importance of making small daily improvements are emphasized. It is important to set aside dedicated time for reflection, go through the calendar, and consider what worked, what didn't, and what can be improved. Gathering feedback from others can also provide valuable insights. By summarizing the previous year and setting clear goals for the new year, we can enhance our self-awareness and make informed choices for personal and professional growth.
The Impact of Global Events: Geopolitics, Climate Change, and Technological Advancements
The podcast episode highlights significant global events that can influence our journey in the new year. Geopolitical tensions, particularly between the US and China, can impact various aspects of our lives, such as technology and supply chains. Climate change remains a pressing issue, and efforts to combat it are ongoing, with the rise of EVs and clean energy production. Technological advancements, particularly in AI and space industries, are expected to play a major role in our lives, shaping industries and opportunities. India's rapid economic growth, population dynamics, and achievements in space technology are also discussed. Understanding and staying informed about these global events can provide valuable context and help us make informed choices for the future.
Goal Setting Strategies: Purpose, Environment Design, and Drive
The podcast explores strategies for setting and achieving goals. Finding purpose by identifying what truly matters to us is emphasized as a driving force. Creating an environment conducive to our goals, including the people we interact with and the physical space we occupy, can greatly impact our progress. Accountability partners, streaks, and habit-building are effective tools for staying on track. The importance of cultivating drive through a combination of purpose, autonomy, and mastery is discussed. Aligning our goals with our personal values and cultivating a sense of fulfillment can enhance our motivation and overall success. Ultimately, showing up every day and taking consistent action is crucial for making progress with our goals.
Setting Clear Goals and Sharing Publically
One key strategy to prioritize and achieve goals is to share them publicly or with people close to you. By publicly committing to your goals, you create external pressure and support, increasing your motivation to reach them. Breaking your goals into smaller milestones, such as quarterly, monthly, or weekly targets, helps to phase them out and track progress. Designing a system that aligns with your goals, whether monthly and weekly planning or another approach, ensures consistent focus and execution.
Creating Habits, Rituals, and a Supportive Environment
To effectively work towards your goals, it's important to establish daily practices and rituals. For instance, adopting the mindset of 'eating the frog' by prioritizing the most challenging task early in the day can lead to a sense of accomplishment and productivity. Creating mental visualizations, using morning priming techniques, or incorporating prayer and gratitude practices can help elevate the significance of your goals, fuel motivation, and unlock inner strength. Designing your day intelligently, managing your time efficiently, and avoiding short-term temptations are vital in achieving sustained progress toward your goals.
In this candid episode, Gaurav Agarwal (Co-Founder at 1mg) covers the intricacies of running the largest online healthcare platform in India, ranging from the core values that any founder must hold towards their business ideas, to the governments position in making healthcare accessible and fungible!
A graduate from Indian Institute of Technology, Delhi, and previously at HealthKart, Gaurav co-founded 1mg as an initiative in the spirit of public service with a vision to empower Indian consumers and caregivers to select the most appropriate healthcare service at the best possible price.
A highly insightful conversation that breaks down the impact of Artificial Intelligence in the Healthcare industry in India, as well as globally. From new and exciting innovations, to start ups that are redefining the notion of "healthcare", this is a conversation you don't want to miss!
SparX is a podcast where we delve into the cutting-edge scientific research, stories from impact-makers and tools for unlocking the secrets to human potential and growth. We believe that entrepreneurship, fitness and the science of productivity is at the forefront of the India Story; the country is at the cusp of greatness and at SparX, we wish to make these tools accessible for every generation of Indians to be able to make the most of the opportunities around us.
In a new episode every Sunday, our host Mukesh Bansal (Founder Myntra and Cult.fit) will talk to guests from all walks of life and also break down everything he's learnt about the science of impact over the course of his 20-year long career. This is the India Century, and we're enthusiastic to start this journey with you.
Follow us on Instagram: @sparxbymukeshbansal Website: https://www.sparxbymukeshbansal.com You can also listen to SparX on all audio platforms Fasion | Outbreak | Courtesy EpidemicSound.com
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