If you’re trying to save money, you have three options: decrease your spending, increase your income, or both. We can simplify even further. Research suggests that people don’t save much more money when they reduce spending. That means it’s better to focus on upping your income instead of depriving yourself of fancy coffees and other […]
Don’t be a Passenger
In business, there are two types of people: the drivers and the passengers. Drivers are the folks who seize initiative, spotting problems and creating value for the company. Passengers are the people who are content to just come along for the ride. You can guess which type of person is more valuable to a company. […]
Leadership is Like Gardening
For the past few weeks, it seems like everyone has been discussing Elon Musk’s demanding leadership style and whether or not it will work at Twitter. But that style is not unique to him. For decades, management culture has celebrated a harsh and demanding leadership style that isn’t necessarily working. As it turns out, being […]
When to Think for Yourself
Believing that your business is drastically different from others is a classic pitfall in entrepreneurship. Avoid falling into that trap. Assuming that you’re unique will prevent you and your employees from ever learning anything from outside the world of your company. It doesn’t really matter what industry you’re in, for the most part. The basics […]
Who’s the Boss?
We’re seeing a lot of discussion about Elon Musk’s unique management style at Twitter. With billions of dollars riding on his social media experiment, one thing seems clear: the company’s performance depends on its leader. Plenty of people believe in Musk’s ability to make Twitter profitable. But the first few weeks have been rocky, to […]
When to Make it Personal
Strong traders have a specific approach to the stock market, and you need to find yours. Your methods should be compatible with your personality, and you might have to try more than one before you find the right fit. Along the way, you should keep a trading journal where you make notes about each trade […]
How to Execute in 7 Easy Steps
Strategy sessions are great. But it’s easy to get so caught up in the details that you neglect to really get the job done. For better or for worse, your capacity to execute can you set you apart from your business rivals. Execution is the main predictor of success among big and small companies. It’s […]
3 Steps to Financial Stability
If you’re just starting out, financial freedom may seem like an impossible dream. Our latest Instaread, which is designed for people in their 20s and 30s (or anyone who needs to make a fresh start), can help launch your financial security. The number one priority, especially for people in the United States, is to purchase […]
What was Musk Like Before He was Famous?
Once again, Elon Musk is making headlines for half a dozen separate reasons. Public interest is at an all-time high for this quirky innovator. But how did Musk get to where he is today? While there are movies about WeWork’s founder and Mark Zuckerberg’s years at Harvard, info on Musk’s early career is much harder […]
Who’s in Charge?
Most of us are raised to believe that leadership is only possible from a position of authority. But that’s not true at all. Leadership and authority are two different things, and you can have one without the other. In fact, you can exercise leadership in any role as a strategy for obtaining more authority and […]
