The World's Best Book Summaries
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
What is story mapping in reference to product planning? How does the customer discovery process help you find reference customers? There are two techniques you should use during the planning stage in product development: story mapping and customer discovery. Story mapping helps companies plan how to build products and customer discovery helps you find your loyal customers. Read about each technique below.
What resources does your business deploy to create and deliver value to customers? What are the four main categories of a business’s key resources? Businesses’ key resources will typically fall into four categories: material, monetary, intellectual, and human. Typically, companies first identify the required resources to manufacture and distribute their services to customers. But there is an alternative way: some businesses use their resource limitations to inspire innovation. Keep reading to learn about Business Model Canvas’s key resources strategy.
How do you save for retirement if you are self-employed? What are some retirement account options available to the self-employed? If you are self-employed, retirement is a little trickier to plan. No human resources staffer is going to choose a retirement account for you, help you fill out the application, and set up automatic payroll deductions. It’s all a do-it-yourself job. In this article, we’ll take a look at the various retirement account options available to you if you are self-employed.
What is libertarian paternalism in the book Nudge? How would choice designers manipulate the public’s decisions? In Nudge, libertarian paternalism is prioritizing personal freedom while limiting choice to bring about better results. Authors Thaler and Sunstein thought it would be a good system, but critics don’t agree. Learn about how libertarian paternalism works in Nudge
Is it ever a good idea to do a product line extension? What are the advantages and drawbacks? In Positioning, Al Ries and Jack Trout outline the conditions that should be met before you do a line extension. They also explain why market leaders generally avoid line extensions. Keep reading to learn about the disadvantages of product line extensions and when it’s advisable to go in that direction.
What do you do when you and your significant other have different priorities and goals in life? How do masculine and feminine priorities tend to differ in a relationship? It’s perfectly normal to have different life goals and relationship priorities, in fact, it would be stranger if two partners had the exact same priorities. In the book The Way of the Superior Man, David Deida provides advice for how to handle these differences and support one another. Below, we’ll explore the differences in priority between masculine and feminine, and what your responsibilities are in your relationship.
Is learning how to deal with failure at work important? How do you develop failure resilience? Knowing how to deal with failure at work helps you handle risks and try new ideas because you are confident in your ability to recover from any setback. You develop failure resilience by recognizing and questioning your emotional response to failure. You must also unravel any story you create around past failures. Read more about how to deal with failure at work.
What do rich people do differently? Can anyone become rich if they start thinking as rich people do? According to T. Harv Eker, the author of Secrets of the Millionaire Mind, rich people have a specific attitude towards money and they manage their finances in a particular way. The more you think like a rich person, the more you’ll improve your money mindset that will, in turn, help you improve your state of finances. In this article, we’ll explore how developing a rich mindset leads to wealth and some strategies to help you adopt and cultivate a wealthy attitude that