Darya Sinusoid

Darya’s love for reading started with fantasy novels (The LOTR trilogy is still her all-time-favorite). Growing up, however, she found herself transitioning to non-fiction, psychological, and self-help books. She has a degree in Psychology and a deep passion for the subject. She likes reading research-informed books that distill the workings of the human brain/mind/consciousness and thinking of ways to apply the insights to her own life. Some of her favorites include Thinking, Fast and Slow, How We Decide, and The Wisdom of the Enneagram.

The 10 Signs That You Have a “Poor Mindset”

Are you tired of being a victim of your financial circumstances? What are the different ways you tend to sabotage your finances? According to T. Harv Eker, the author of Secrets of the Millionaire Mind, there are 10 negative tendencies that reinforce your belief that you’re powerless when it comes to money. Challenging these negative tendencies is the first step to eliminating them. In this article, we’ll help you to identify the specific thoughts and beliefs that discourage you from taking positive actions to improve your finances.

The Automatic Millionaire: Book Overview

What is The Automatic Millionaire about? What is the key premise behind Bach’s Automatic Millionaire process? In his book The Automatic Millionaire, David Bach provides a simple yet powerful plan to quickly grow and automate your finances. He argues that financial freedom doesn’t come from how much you earn, but how you manage your earnings—if you’re not saving your money with your current income, you’re unlikely to save it in the future. Here is a quick overview of the book’s key ideas.

Tech Startup Funding: Beware of Venture Capital

How do tech startups get funding? What is the danger of funding a tech company with venture capital? Tech start-up companies in the early market often run on investment capital from venture capitalists. According to Geoffrey Moore, the author of Crossing the Chasm, there are two pitfalls in relying on venture capital as a source of funding after the product is launched. Keep reading to learn about the dangers of funding a tech startup with investment capital, according to Geoffrey Moore.

How to Overcome Limiting Beliefs About Money

What’s your idea of money? Do you believe you aren’t capable of earning past a certain benchmark? Do you think of yourself as a person who doesn’t have what it takes to achieve financial success? Your limiting beliefs about money are the result of negative conditioning you adopted throughout your childhood—the more you engage in this type of thinking, the more you associate money with the feeling of powerlessness. As a result, you’re incapable of achieving the financial success that you want. In this article, we’ll talk about how we form and then hold on to limiting beliefs about money,

How and Why to Build a Financial Safety Net

Why is it important to have a financial safety net? How many months’ worth of living expenses should your safety net cover? No matter how much money you earn, it’s important to have a financial safety net—a savings account with money you can use for emergencies—to prepare for worst-case scenarios. To start building your safety net, figure out how much you need to save to cover your living expenses so that you can decide how much money to set aside each month. In this article, we’ll explore how to automate contributions toward your safety net to ensure that you’re prepared

Products That Died Crossing the Chasm (Examples)

Why do most new, high-tech products fail to reach the stage of mass adoption? What are some examples of products that died in the chasm? In his book Crossing the Chasm, Moore discusses two products that failed to cross the chasm: Segway’s personal transportation device and Motorola’s Iridium network. In both cases, Moore argues, they failed to reach the chasm stage due to technical limitations. Keep reading to learn why most high-tech products die before crossing the chasm—with examples.

Why Are You Poor? Because of Negative Conditioning

Do you feel powerless when it comes to money? How did you inherit your limiting beliefs about money? What attitudes and ideas about money did your parents model? If you’re not happy with the state of your finances, it’s because you’ve been negatively conditioned to have a poor mindset. This negative conditioning is the main reason you are poor: it impels you to act in ways that move you away from financial success. In this article, we’ll explore how negative conditioning works, and how negative conditioning may have led you to develop a “poor mindset.”

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? 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

What Is a Tax-Deferred Retirement Plan?

Mastering Investments and Taxes To Build Wealth

How much money do you set aside towards your retirement savings? What can you do to minimize how much taxes eat away from your retirement fund? According to David Bach, the author of The Automatic Millionaire, you need to contribute to your retirement account before you pay your taxes to make the most out of your income. You can achieve this by using a tax-deferred retirement plan—a plan that allows you to send money to your retirement account without having to pay tax on it. In this article, you’ll learn how paying taxes impacts your retirement savings, and how you