It may sound crazy, but it might be time to “fire” some of your clients. Business owners should value quality over quantity when it comes to their client and customer lists. Good clients should make you excited to work for them. They should be pleasant to collaborate with. And they should always pay you what […]
Can We Eliminate Extreme Poverty?
About 10 percent of the world’s population lives in extreme poverty. But what may surprise you is that, until somewhat recently, poverty was near universal. Almost everyone in the world was extremely impoverished, except for a lucky few. So what happened? Starting around 1820, population and economic growth accelerated dramatically. This expansion happened all over […]
Are You Underestimating Yourself?
The cult of genius tells us to celebrate the heroes of the past for their unique qualities. But what if we looked at them as role models, more than special cases? Even regular folks have an incredible potential for greatness. That’s been one of the big lessons of psychological research in the 21st century. Modern […]
What We Know About China’s “Godfather”
With its incursion on Taiwan and zero-Covid policy, China has been all over the news lately. Between its strict lockdowns and tense diplomatic relationships, the country’s political system is frequently discussed. But how much do you know it, really? It may be helpful to think of President Xi Jinping as the CEO of the world’s […]
Why “Move Fast and Break Things” is Bad Advice
The hardest part of any project is getting started. This is especially true when it comes to launching a new business. Entrepreneurs often feel pressure to “move fast and break things,” as Mark Zuckerberg used to say. But as Facebook demonstrates, it can be enormously difficult to go back and fix things later. Businesses aren’t […]
Is it Fair to Judge the Past By Modern Standards?
Nearly 75 years after his death, Mohandas Gandhi remains one of the most influential figures in human history. Known for his philosophy of nonviolence and for liberating India from British colonial rule, Gandhi has been an inspiration to some of our most important civil rights luminaries, including Dr. Martin Luther King Jr. But if you […]
How We Define Addiction
Addiction has genetic, medical, environmental, and emotional roots. That last category — how we feel and what our personality is like — often goes unexamined, but it can be a powerful predictor of who will succumb. People who have a hard time managing big emotions may experience a powerful need to seek outside sources of […]
Don’t Do All the Work
Entrepreneurs are famous for working too hard. They stay up late, work through holidays and weekends, neglect their families, and cancel plans with friends. In many circles, these terrible habits are regarded as part and parcel of getting a successful business off the ground. But what if things could be different? Instead of sacrificing your […]
Master the Art of Defensive Programming
Ethereum. Cryptocurrency. NFTs. These can be difficult concepts to explain and discuss, even for people in the know. Still, at the end of the day, blockchains — digital public ledgers — are just a form of software. That means brushing up on best programming practices will be essential to the success of anyone who’s exploring […]
The NFT Space is Evolving Fast
Earlier this week, someone stole millions of dollars’ worth of NFTs by hacking the Bored Ape Instagram account. The haul, which included four Bored Apes worth about $1 million as well as other assets, is just the latest event in a series of high-profile thefts that have been rocking the NFT market. A $1.7 million […]