The World's Best Book Summaries
What ten innovation principles can help your company with the product discovery process? What two strategies can help your teams innovate? In the book Inspired, Marty Cagan shares the innovation principles and strategies that will help your company through the discovery process. Additionally, he helps wean your team off of roadmaps with two strategies. Continue reading for Marty Cagan’s advice from Inspired.
What is the unbundled business model? What is the benefit for a business to “unbundle” its operations? The unbundled business model is where a business divides its operations into several categories, where each category is driven by different factors and defined by its own set of rules and operating procedures. Unbundling can be done for several reasons, but the main goal is always to improve the company’s efficiency. In this article, we’ll look at the benefits of the unbundled business model.
Is Matthew Walker’s Why We Sleep worth reading? What were the biggest complaints after the book’s publication? Why We Sleep explores every aspect of sleep, including the physical and mental benefits, how sleep works, factors that affect sleep, sleep and development, and more. However, the book was highly criticized after its release due to its research methods and interpretations. Below is a review of Why We Sleep by Matthew Walker.
How do you plan to save for your retirement? What should you do if your employer doesn’t offer a retirement plan? Saving for retirement is essential if you want to live comfortably in your golden years. If your company offers a self-directed retirement account, make sure you sign up to benefit from it (automatic enrollment is not always offered). If your company doesn’t offer self-directed retirement accounts, you’ll need to open an Individual Retirement Account (IRA). In this article, we’ll look at how to save for retirement with employer-offered and self-directed retirement accounts. We’ll also look at how you can
What makes a successful business model? What are the different types of business models? A successful business model is one that creates, and over time, builds upon a competitive advantage. In their book Business Model Generation, authors Osterwalder and Pigneur discuss five different types of business models: 1) unbundled, 2) long tail, 3) multi-sided platform, 4) free, and 5) open. We’ll take a look at the key elements of each of these formulas below.
What are the most common investment biases? How do the authors of Nudge suggest overcoming those biases? In the book Nudge, authors Thaler and Sunstein note that the main reason people are nervous about investing and about defined contribution retirement benefits is because of the loss aversion bias. The authors discuss the nuances of loss aversion and some tips to overcome it. Continue below for advice on how to avoid investment biases, according to the authors of Nudge.
What does it mean to awaken your consciousness? What steps can you take to reawaken your consciousness as a man? In the book The Way of the Superior Man, David Deida says that there are five things men should do to awaken their consciousness. Without these practices, a man and his relationship will eventually stagnate and stop growing. Keep reading for Deida’s five steps.
Do you have a career progression plan? How can you stand out from the crowd and get the position you want? While Positioning by Al Ries and Jack Trout is primarily about positioning a business for success, they show how you can apply the same ideas to personal professional advancement. They outline four steps to create a career progression plan and position yourself for success. Read more to learn how to design a career progression plan based on the principles of Positioning.
Is giving feedback in the workplace important? How do you give feedback effectively? Giving feedback in the workplace is crucial to the ongoing development of employees. It helps employees build confidence and identify areas where they need to improve. Effective feedback is ignores the discomfort that comes with telling others they are not performing to the required standard. Read on to master the art of giving feedback in the workplace.
What is Secrets of the Millionaire Mind about? What do rich people do differently, according to its author T. Harv Eker? In his book Secrets of the Millionaire Mind, T. Harv Eker reveals the difference between rich people and poor people. This difference lies in how they’ve been conditioned to think and feel about money. Eker argues that these attitudes impel you to take actions that either move you toward financial success or away from it—if you aren’t happy with your finances, it’s because your unproductive beliefs about money hold you back from the financial success that you want. Below