Articles
6 Rules to Work Less and Get More Accomplished
More work = more results. I disagree. Working smart beats working hard. In some cases working more can actually damage the amount you get accomplished. In both cases, the degree effort matches outcomes has been overstated. Working less and accomplishing more isn’t...
Twenty Ways to Use the 80/20 Rule Today
I’m sure most people are familiar with Pareto’s principle, developed by an Italian economist and most commonly known as the 80/20 Rule. While Pareto originally used the rule noticing that 80% of the wealth was owned by 20% of the population, the rule has applications...
How To Use The 80/20 Rule For Goal Setting
The 80/20 rule is also called the “Pareto Principle” named after it’s founder, the Italian economist Vilfredo Pareto from 1895. He noticed that people in society seemed to divide naturally into what he called the “vital few,” or the top 20 percent in terms of money...
What is Business Thinking – A BCG Perspective
Business thinking starts with an intuitive choice of assumptions. Its progress as analysis is intertwined with intuition. The final choice is always intuitive. If that were not true, all problems of almost any kind would be solved by mathematicians with...
How Developing Public Speaking Skills Launched Warren Buffett’s $76 Billion Empire
For much of his life, Buffett struggled with a crippling fear of public speaking. "I would throw up," he told biographer Alice Schroeder in The Snowball: Warren Buffett and the Business of Life. "In fact, I arranged my life so I never had to get up in...
11 Signs That You Lack Emotional Intelligence
These are the behaviors that you want to eliminate from your repertoire. When emotional intelligence (EQ) first appeared to the masses, it served as the missing link in a peculiar finding: people with average IQs outperform those with the highest IQs 70...
7 Reasons Why Most Entrepreneurs Fail in Business
Entrepreneurship is a way of life that offers unlimited possibilities to those who truly believe in it and live by it. But at the same time, entrepreneurship is a way of life that can totally alter the course of your life if misunderstood. Entrepreneurship is...
Riches Are In the Niches
When I ask business owners who their target market is, many tend to respond with “everyone”. The translation is no one. In their zeal to acquire as many customers as possible, many business owners try to serve the widest market possible. This is a huge...
Bursting the CEO Bubble
When you’re the CEO of a large organization—or even a small one—your greatest responsibility is to recognize whether it requires a major change in direction. Indeed, no bold new course of action can be launched without your say-so. Yet your power and privilege leave...
A Woman’s Perspective on Power Posing and Testosterone
For eight months in 1998 and 1999, I woke every morning in search of chimpanzee pee. That pee held the key to the chimps’ testosterone levels, and I helped to catch it. To do this, I would hike through the rainforest to the trees in which the chimpanzees had built...