The World's Best Book Summaries
Why is it more important for schools to teach critical thinking skills rather than specialization? What proof is there that critical thinking is more important? The modern education system focuses on teaching both grade school and college students specialized skills. This is especially apparent when you look at medical school students. Here’s why schools should change the education system to include more critical thinking.
What is “match quality”? How can you tell if an activity is a good fit for you or not? How does match quality relate to choosing a career? In psychology, “match quality” refers to whether or not an activity is a good fit for someone. While growing up, it’s important for children and teens to have the freedom to try and experiment with a broad range of activities so they can discover which one has the best match quality for them—this will help them choose a more fulfilling career later in life. Here is how match quality can help kids
What is compound interest? How does putting even a small amount of money into an account that accrues compound interest benefit your finances? Compound interest is the interest accrued on a loan or deposit. According to David Bach, the author of The Automatic Millionaire, everyone can leverage the power of the compound interest to start building wealth. While investing a few dollars itself won’t make you a millionaire, putting those dollars in an account that pays compound interest is much better than keeping them in a checking account. Keep reading below to learn about compound interest, explained with examples.
Why do sales jobs have such a high staff turnover? What can you, as a sales leader, do to improve your team’s performance? One of the reasons for high staff turnover in sales roles is that sales representatives often lack training in the essential sales skills (e.g. making cold sales calls, closing techniques, etc.) Therefore, coaching your sales team is essential to generating optimum performance. In this article, we’ll take a look at some tips and techniques for both training a sales team generally and coaching them in specific skills.
What is free-market capitalism? How are resources distributed in a free-market economy? Free-market capitalism is an economic system where factors of production are controlled by private entities (individuals and firms) with little to no government intervention. Firms charge the highest price consumers are willing to pay and workers earn the highest wages firms are willing to pay for their labor. In a free-market capitalist economy, firms are motivated to operate as efficiently as possible to keep their market share. In this article, we’ll discuss the ideology of free-market capitalism and what happens when it’s realized in practice.
What are some effective study techniques you can implement to learn anything? How can you take better notes? Limitless author Jim Kwik shares six effective study techniques to help you accomplish limitless learning in any area of life. He also provides three tips for taking good notes. Keep reading to learn effective study techniques and note-taking methods.
What are the benefits of investing in a fund? What is the difference between index vs. mutual funds? Both index funds and mutual funds allow you to invest in a diverse group of investments. The main difference is that index funds invest in a specific group of assets (e.g. S&P 500 stocks), while mutual funds invest a changing list of assets, selected by a fund manager. In this article, we’ll explain the difference between index funds and mutual funds: how they work, their benefits, and their disadvantages.
What are some effective active learning methods? How is this style of learning better than rote memorization? With active learning, you don’t just receive new information. Rather, you actively participate in the learning experience. Active learning methods are not only more effective, but they’re also more enjoyable. Keep reading to learn about three different active learning methods.
What is the book Limitless by Jim Kwik about? How might you apply the limitless model of learning to your own life? Limitless by Jim Kwik is a self-help book that discusses meta-learning—that is, learning how to learn. In this book, Kwik teaches you how to quickly and effectively learn about any topic and then how to use that new knowledge to its maximum potential. Keep reading to learn what Limitless by Jim Kwik is all about.
Does your organization require major changes to stay afloat but others are resisting change? Do you want to know how to convince others about what needs to be done? In their fable about leadership and change, John Kotter and Holger Rathgeber discuss the difficulties of enacting change within an organization. They provide advice on how to slowly spread ideas until most of the members are on board. Here’s how to spread ideas of change within an organization.