How to Determine Market Size: The 3-Step Process

How to Determine Market Size: The 3-Step Process

What is market size? How can you determine the size of your market? Estimating the size of your market is crucial for business. In his book The Marketing Plan, William M. Luther explains how to determine market size so you can find the total number of potential buyers and the revenue you’ll generate from those buyers. Continue reading to learn how to determine market size.

The Best Way to Take Notes: The Slip-Box Method

The Best Way to Take Notes: The Slip-Box Method

What is the best way to take notes? How does the slip-box method encourage you to write at every stage of the creative process? In How to Take Smart Notes, Dr. Sönke Ahrens says that the slip-box method is the superior note-taking system. It enhances your critical thinking and innovative skills which will make you a better writer. Learn more about why the slip-box method is the best way to take notes.

How the Loss of Individuality Can Cause Evil

How the Loss of Individuality Can Cause Evil

What is a loss of individuality? How can losing your sense of self and others cause evil? In The Lucifer Effect, psychologist Philip Zimbardo states that losing awareness of individuals can shift your morals. He also explains how this loss affected participants in the Stanford Prison Experiment. Continue reading to learn more about how a loss of individuality can affect morality.

3 Devastating Problems in Developing Countries

3 Devastating Problems in Developing Countries

What problems are developing countries facing? What are the causes of these problems? Hunger, population control, and famine are among the most concerning issues in less developed countries. Amartya Sen in Development as Freedom says that the underlying causes might not be what you think they are. Let’s look at these particular problems in developing countries and why Sen believes they became problems in the first place.

“Pull Yourself Up by the Bootstraps” Saying Explained

“Pull Yourself Up by the Bootstraps” Saying Explained

What does “pull yourself up by the bootstraps” mean? Why is Stephanie Land so critical of it? Stephanie Land, the author of the memoir Maid, criticizes the “pull yourself up by the bootstraps” mentality in America. The saying insinuates that people in poverty are lazy and make bad choices. Read more about why this mentality is outdated and offensive to people living in poverty.

Assessing the Market: Why It’s Important for Business

Assessing the Market: Why It’s Important for Business

What does assessing the market mean? How can you tell how profitable your intended market is? By assessing the market, you can determine how much profit you can potentially make from selling your product. In The Marketing Plan, marketing expert William M. Luther explains how to conduct a full market assessment by defining your market size and share. Let’s walk through why assessing the market is important and how to do it.

Customer Empathy: How to Understand the Customer

Customer Empathy: How to Understand the Customer

What is customer empathy? How can you understand how your customer is feeling? In Secrets of Closing the Sale, Zig Ziglar emphasizes the importance of putting yourself in the customer’s shoes. Even if you don’t share their feelings, you can understand how to cater your pitch to their specific needs. Read more on the importance of customer empathy when pitching a product.