Psychology of money – book summary and thoughts

I happened to see a book recommendation from a friend on Instagram last week, and decided to give it a whirl – I found it to be a very enjoyable read, particularly for the stories shared in this book. Morgan Housel makes the point that financial know-how is actually less of a hard science than you might think. Unlike in other fields, in finance an unknown petrol station attendant with a high school education might make millions, while a celebrated, Harvard-educated finance executive goes bankrupt. It all boils down to behaviour. Housel explores why psychology has more to do with positive financial outcomes than our math skills.

Opinions

Some Friday wisdom. Opinions are like arseholes. Everyone has one… in the same way that you don’t go around worrying about everyone else’s arseholes… you ought to do the same with their opinions too.

14 Easy Ways to Get Insanely Motivated

On a Monday morning, most people have the blues – or at least, I do! Off the back of a restful and fun weekend, work can seem like a drag. That’s why I picked out this article to give you all a bit of advice on energizing yourself… That said, some of these are odd, or…

How to Run a Successful Project

The key is to understand and manage employees’ emotional engagement with their work Many projects fail because organizations put their practices before their people. This happens when organizations try to make an employee’s human nature and emotional makeup fit their processes and policies. This traditional approach to project management emphasizes developing complex guidelines to manage…

Who’s on Your Fridge?

I was lifting weights at my gym, a community center in New York City, when he caught my attention… His name, I later found out, was Marvin Moster. He stood a few inches over five feet, mostly bald with some white hair on the sides of his head, sporting a mustache, and wearing a light…

9 Things That Motivate Employees More Than Money

Don’t show ’em the money (even if you have it). Here are nine better ways to boost morale. The ability to motivate employees is one of the greatest skills an entrepreneur can possess. Two years ago, I realized I didn’t have this skill. So I hired a CEO who did. Josh had 12 years in…

The Hard Truth About How Success Really Works

Here’s what’s getting in your way when you attempt (and fail) to hit those “reach” goals. Many people fall prey to, “Yeah, but…” thinking. I have a friend who absolutely hates how successful his brother-in-law has become. “Oh yeah, I’d like to be doing that well,” he’ll say, “but he has very little downtime.” Another…

How WillPower works!

Research indicates that willpower can be strengthened like a muscle — and is a key predictor of success in life David Blaine — the 38-year-old self-described “endurance artist’’ who once encased himself for seven days in a plastic coffin with no food and little water — credits willpower training for his amazing feats. “Getting your…

Overworked? 4 Signs You Need to Recharge

Take a cue from endurance athletes: Here are four ways to tell you’re about to hit a performance wall. Sometimes it’s obvious we need a break, but in most cases we figure it out too late. When you work double-digit hours and Sundays are no longer a day of rest, feeling overworked can become the…