His two coaches – Gurudev Singh and Ranveer Singh – trained him to achieve his goals. Milkha’s sister, Isri Kaur, his biggest well-wisher, stands as a pillar of strength for him. (7) To become successful, one needs inspiration, well-wishers, training and guidanceīiro, Milkha Singh’s first love, inspires him to earn self-esteem and become a successful person. In case day time is occupied with regular work or meetings at office then he/she should be determined to spend some sleepless nights to upgrade their skills. Similarly one should be passionate about his/her work and keen to learn. He was practicing with hardwork and determination to get selected for the upcoming race. Milkha singh used to practice at night when other people go to sleep. (6) Train yourself like a champion when world sleeps Your portfolio should be diversified with exposure to different asset types. Investing in equity is like an art which needs some understanding and insight. This type of investment has provided regular dividend income to many and has proven to be a good friend. But, historically, this asset class in long term has given healthy returns to investors. It is important to get adapted to different asset classes of investment and understand them before investing.For example, assume you struggle to understand investment in equities but are reluctant to give it a try and you simply don’t make any effort to learn about equity products.
The advice is very much valid for everyone. The coach tells Milkha that his shoes will be his good friends in the future. Coach Gurudev Singh encourages Milkha to get accustomed to running with shoes on. Initially, Milkha Singh is seen uncomfortable running wearing shoes. (5) Adapt to requirements and befriend your challenges So accept it to your client while reviewing and keep a check that it does not get repeated. Similarly in the case of Financial planners, while preparing financial report it might happen he makes some mistakes. He overcomes this failure with determination to win other upcoming races. He accepted the mistake that he was losing focus due to spending time with Stella for personal pleasure and compromised on his practice time.
Milkha singh faced failure in his first competitive race on global platform. (4) Accept mistakes and overcome from failures/ defeats Instead, seek guidance from your financial planner/advisor on how to fulfill your need. Don’t let your greed to be fuelled by the look of something. Don’t eye others’ things and get carried away. In fact, we should analyse our needs and ask ourselves whether they are worth buying or investing our time and money into. In life, we shouldn’t eye things of our friends or relatives. Coach Gurudev Singh slaps Milkha, explaining that it is not easy to get things you like and that you need to work hard to earn them. One day, when Milkha picks up and wears the blazer, just to get a feel of it, he’s attacked and insulted. Milkha Singh, as seen in the film, is astonished to see a blazer worn by champion runner Sher Singh Rana. (3) Earn things you really need and dont eye others things with greed Dont get influenced from the fellow financial planners and get adapted to their style of financial planning. Similarly while financial planning one should be strong from his/ her mind and follow what he/ she believes. Milkha singh accepted the challenge with confidence and faith. In movie, Milkha singhs coach challenges him to defeat the current champion. (2) Nothing is impossible to the mind that believes Similarly, we need to set financial goals in different stages of life, adapt to situations that come our way (cash flow) and follow a financial plan with dedication to achieve them. Later, he’s seen running from people who attack his family, and from other kids after beating his brother-in-law.ĭuring his training in the Indian Army, Milkha runs in the cross-country race to earn a mug full of milk, 2 eggs and relief from exercise each day Let’s take a look atĪ young Milkha runs in hot sands from school to reach home early. In the Farhan Akhtar-starrer, Milkha Singh is seen running in different stages of his life for a variety of goals. (1) Set goals at various stages of life then run (follow) to achieve them Let’s have a discussion on “5 financial planning lessons from the movie Bhaag Milkha Bhaag.” The recently-released film, ‘Bhaag Milkha Bhaag’, which touches the hearts of viewers, motivates and inspires to follow our goals in life, also has a lot to offer from the perspective of financial planning. 8 Lessons one should learn from the movie Bhaag Milkha Bhaag