Life Lessons from ‘Lakshmi Nivasam’ and its Relevance to Peter Drucker’s ‘Managing Oneself’3 min read

Time and money: image generated by author and DALL.E-3

Time is very important. Some people say time is like money. But actually, time is even more valuable than money. This is because, if we lose money, we can make it back. But if we lose time, we can never get it back. 

In the clip above, the main character, portrayed brilliantly by actor SV Ranga Rao, teaches us about the importance of time, saving money, and hard work in the initial scenes. This scene is a perfect example of SV Ranga Rao’s ability to capture the essence of his character and deliver a powerful message. In the scene, he is seen meticulously explaining the value of time and money, emphasizing that each moment is precious and should not be wasted. He highlights the importance of saving even a small amount of money, as it can accumulate over time and become a significant sum. His words underscore the necessity of hard work and dedication, encouraging us to strive for our goals with relentless commitment. The scene is not just a lesson in financial wisdom, but also in life values, making it a vital part of the film. It’s no surprise that Rao’s performance left a lasting impression on viewers, further cementing his status as a respected figure in the cinema industry.

About Lakshmi Nivasam: ‘Lakshmi Nivasam’ is a successful Telugu drama film from 1968, directed by V. Madhusudhana Rao and written by Aarudra. This movie is a remake of the Kannada film ‘Dudde Doddappa’ from 1966. The cast includes notable actors such as S. V. Ranga Rao, Anjali Devi, Krishna, Vanisri, Sobhan Babu, Bharathi, V. Nagayya, Ram Mohan, and Padmanabham. The plot revolves around Subbaiah, a self-made man who wishes for a better life for his children. However, his family leads a materialistic life, leading Subbaiah to teach them a lesson with the help of his former employee, Gopal, and his children.

Taking a cue from Peter Drucker’s ‘Managing Oneself’, it is evident that the themes of time management, identifying one’s strengths, and self-improvement resonate vividly through the movie ‘Lakshmi Nivasam’. The character of Subbaiah, much like Drucker’s ideal individual, understands the importance of time, equating it to a resource more valuable than money. He is aware of his strengths and leverages them to educate his family about the importance of hard work and saving money. Subbaiah’s method of teaching his family a lesson about materialism mirrors Drucker’s advice on self-management and taking responsibility for one’s actions and relationships. Just as Drucker emphasizes the need for constant learning and adaptation, Subbaiah too embodies these principles, making the movie a practical illustration of the concepts discussed in ‘Managing Oneself’.

In conclusion, ‘Lakshmi Nivasam’ offers more than just entertainment – it provides valuable life lessons that align with the principles of effective self-management as outlined by Peter Drucker. As viewers, we learn the importance of valuing time over material wealth, recognizing and utilizing our strengths, and taking responsibility for our actions. The movie beautifully demonstrates these principles through Subbaiah’s journey, making it a timeless piece of cinema that continues to inspire viewers. Thus, ‘Lakshmi Nivasam’ serves as a reminder that the path to success and fulfillment lies in effective self-management, a lesson that is as relevant today as it was when the movie was first released.

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