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Category: Motivational

  • This is how INTERNET has bridged the gap between EXPERTS and PUBLIC

    Adopted from the following great insight shared by Steven Levitt from the book Freakonomics shows how internet has bridged gap between experts and ordinary public.

    Information is the currency of the Internet. As a medium, the Internet is brilliantly efficient at shifting information from the hands of those who have it into the hands of those who do not. Often, as in the case of term life insurance prices, the information existed but in a woefully scattered way. (In such instances, the Internet acts like a gigantic horseshoe magnet waved over an endless sea of haystacks, plucking the needle out of each one.) The Internet has accomplished what even the most fervent consumer advocates usually cannot: it has vastly shrunk the gap between the experts and the public.”

  • Amazing illustration on the THREE components of an INCENTIVE..

    Adopted from the following great insight shared by Steven Levitt from the book Freakonomics

    There are three basic flavors of incentive: economic, social, and moral. Very often a single incentive scheme will include all three varieties. Think about the anti-smoking campaign of recent years. The addition of a $3-per-pack “sin tax” is a strong economic incentive against buying cigarettes. The banning of cigarettes in restaurants and bars is a powerful social incentive. And when the U.S. government asserts that terrorists raise money by selling black-market cigarettes, that acts as a rather jarring moral incentive.”

  • This is how we gauge our IDENTITY..

    Adopted from the following great insight shared by Steven Levitt from the book Freakonomics

    Social scientists sometimes talk about the concept of “identity“. It is the idea that you have a particular vision of the kind of person you are, and you feel awful when you do things that are out of line with that vision.”

  • What has MORALITY got to do with ECONOMICS?

    Adopted from the following great insight shared by Steven Levitt from the book Freakonomics..

    Morality, it could be argued, represents the way that people would like the world to work, wheareas economics represents how it actually does work.”

  • Jeff Bezos and his fascination for the EMPTY CHAIR..

    Adopted from the following great insight shared by Daniel Pink from the book To Sell is Human

    Bezos includes one more chair that remains empty. It’s there to remind those assembled who’s really the most important person in the room: the customer.”

  • Understanding the commonalities between SALES and THEATER can make the better salesperson

    Adopted from the following great insight shared by Daniel Pink from the book To Sell is Human

    Sales and theater have much in common. Both take guts. Salespeople pick up the phone and call strangers; actors walk onto the stage in front of them. Both invite rejection—for salespeople, slammed doors, ignored calls, and a pile of nos; for actors, a failed audition, an unresponsive audience, a scathing review. And both have evolved along comparable trajectories.”

  • The PITFALLS of being an EXTRAVERT..

    Adopted from the following great insight shared by Daniel Pink from the book To Sell is Human

    Extraverts, in other words, often stumble over themselves. They can talk too much and listen too little, which dulls their understanding of others’ perspectives. They can fail to strike the proper balance between asserting and holding back, which can be read as pushy and drive people away.*

  • For that perfect PITCH , it takes a lot of EFFORT.This is why..

    Adopted from the following great insight shared by Daniel Pink from the book To Sell is Human

    The purpose of a pitch isn’t necessarily to move others immediately to adopt your idea. The purpose is to offer something so compelling that it begins a conversation, brings the other person in as a participant, and eventually arrives at an outcome that appeals to both of you.”

  • Are you into SELLING? If yes , this is a great ADVICE..

    Adopted from the following great insight shared by Daniel Pink from the book To Sell is Human

    To sell well is to convince someone else to part with resources—not to deprive that person, but to leave him better off in the end.”

  • Why do HABITS emerge?

    Adopted from the following great insight shared by Charles Duhigg from the book The Power of Habit

    Habits, scientists say, emerge because the brain is constantly looking for ways to save effort.”