What Idle Potentials Do You Have?
Do you have idle potentials that you don’t develop? I have one: coding. I remember that when I was in high school I often spent time coding just for fun. At that time, I had a 80386 computer with 4…
Category Working
5 Essential Principles of Risk-Free Success
Do you believe in success without risk? I just read The Warren Buffett Way and there’s an interesting passage there about how Warren Buffett considers risk: He does not add a risk premium to his formula for the simple reason…
How Strong Is Your Bargaining Power?
That’s an important question to ask in your career. Why? Because the stronger your bargaining power is, the higher the price you can ask for your skills. On the other hand, if your bargaining power is weak then you risk…
Is Self-Employment the Way to Go?
The more I look around me, the more self-employment seems to be the way to go for many people. I’m not sure if this is just my observation or if it’s indeed a global phenomenon, so I’d like discuss it…
The Danger of Overconfidence
There is an interesting lecture on Behavioral Finance by Yale professor Robert Shiller. In it, he spoke about how people tend to be overconfident. They overestimate their ability to perform. It happens not just in the financial world, but also…
A Key to Effectiveness: The Willingness to Let Go
Do you want to be effective? Then you need to focus only on a few important things. This is the essence of the 80/20 rule. Unfortunately, it’s easier said than done. You might try to simplify your life only to…
Hey, How’d That Moron Get Promoted?
Note: This is a guest post from Ian Coburn of Best Possible Choice We’ve all experienced it””utter disbelief when someone who is obviously ill equipped for a role, typically in management, gets it, or snagged a client we wanted. How…
How to Improve Yourself
In the post 4 Lessons on How to Get Things Done, there is an interesting comment by Mark Foo: Bill Gates once remarked that the key to succeed in business is to innovate and make yourself obsolete. If you don’t…
Three Essential Things to Track in Your Life
A few months ago I wrote a post on personal analytics. There I discussed how more and more people make their life decisions based on numbers. They don’t make their decisions based on what they feel but based on facts.…
A Simple Way to Recharge Your Life
There’s an interesting talk at TED by Stefan Sagmeister titled The Power of Time Off. In the talk, Sagmeister shared his experience of how he takes one full year off every seven years to recharge his creative life. During the…