How to Communicate Effectively in 11 Steps

How to Communicate Effectively in 11 Steps

How can you communicate effectively? What are the steps to resolving conflict amicably?  You master how to communicate effectively when you learn to be a good listener and approach each conversation with curiosity, rather than going into every conversation certain that you are right.  Effective communication is also crucial to conflict resolution. You resolve conflicts by creating an environment where both parties can openly communicate their needs and feelings, before proposing a solution that makes everyone happy. Read on to master how to communicate effectively.

Seth Godin: Tribes Quotes on Leadership & Community

Seth Godin: Tribes Quotes on Leadership & Community

What are some of the most compelling quotes from Seth Godin’s book Tribes? What are their context and meaning? Tribes by Seth Godin is a book about creating and leading a tribe—a group of people connected by an idea and a leader. It contains practical insights on leadership, community, and society. Keep reading for some thought-provoking quotes from Seth Godin’s Tribes.

Business Model Canvas: Revenue Streams Explained

Business Model Canvas: Revenue Streams Explained

What is a revenue stream? What are the two types of revenue streams? A revenue stream is simply a source of profit for a business—where the money comes from. Defining your revenue streams is one of the key elements of designing a business model for your company. There are two types of revenue streams in Business Model Canvas: 1) profits from single transactions, and 2) profits from ongoing payments such as subscriptions. We’ll discuss both of these elements below.

What Is the Long-Tail Business Model?

What Is the Long-Tail Business Model?

What is the long-tail business model? How does the long-tail business formula differ from the conventional business wisdom? The long-tail business model is where a business sells a wide range of niche products/services instead of selling large numbers of high-demand products/services. The long tail formula seems to fly in the face of the common advice to focus on one niche product (in other words, to prioritize one thing and do it exceptionally well). Further, expanding your offerings according to the long tail formula could be the key to disrupting the market and winning big. In this article, we’ll take a

Nudge: Book Review, Context, and Reception

Nudge: Book Review, Context, and Reception

Are you considering reading Nudge by Richard H. Thaler and Cass R. Sunstein? Do you want to read a Nudge book review before you make the purchase? In Nudge, the authors explain that people are not the eminently rational beings that appear in most economic theories—so-called homo economicus—but instead, are fallible and often irrational economic actors prone to all sorts of biases. This book was revolutionary and even influenced policymakers when it came out in 2008. Keep reading for a full Nudge review with commentary on its approach and context.

Why You Should Prioritize Connection During Sex

Why You Should Prioritize Connection During Sex

What role does connection play during sexual intercourse? How can focusing on a quick release ruin your intimate life? In his book The Way of the Superior Man, David Deida stresses the importance of connection during sex. He asserts that you should be fully conscious during intercourse and aim to please your woman, and not just yourself. If your only goal is sexual release, then a woman won’t be satisfied with you as a partner. Continue below for David Deida’s advice on practicing conscious sex.

How Does the Freemium Business Model Make Money?

How Does the Freemium Business Model Make Money?

What is the freemium business model? How do freemium products generate revenue? The freemium business model is where a business gives away a limited suite of services for free and charge for a premium or additional features. The revenue from paying customers supports the costs incurred by the free users. In this article, we’ll take a look at the concept behind the freemium business model and explain the difference between freemium and free trial.

5 Types of Customer Groups & How to Target Them

5 Types of Customer Groups & How to Target Them

Why is it important to define the customer groups your business intends to target? What are the different types of customer groups? It’s important to identify and validate your customer groups before you develop your business model. There are five main types of customer groups: 1) mass market, 2) niche market, 3) subdivided market, 4) diversified market, and 5) multi-sided market. We’ll take a look at how to target each of these groups below.