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8 Lessons from A Reluctant Businessman: Yvon Chouinard and Patagonia’s Business Philosophy
I encountered Yvon Chouinard many years ago after his talk on business’s moral role in environmental sustainability and immediately bought his book “Let my people go surfing. The Education of a Reluctant Businessman.” “Going back to a simpler life based on living by sufficiency rather than excess is not a step backward. Rather, returning to a simpler way allows us to regain our dignity, puts us in touch with the land, and makes us value human contact again.” — Yvon Chouinard “How you climb a mountain is more important than reaching the top.” — Yvon Chouinard, Let My People Go Surfing: The Education of a Reluctant Businessman The word ‘reluctant’…
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8 Ways to Create and Define Our Goals Using Imagination
IIn 1979, a study was done with graduating Harvard MBA students to determine whether they had written down their goals for the future and made plans to achieve them. The results showed that only 3% had written down their goals, 13% had goals but hadn’t written them down, and 84% had no specific goals. In 1989, researchers discovered that the 13% who had goals earned twice as much as the 84% who didn’t. Even more impressive was the 3% who had written down their goals; they were making ten times more on average than the other 97% combined.
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The Parable of the Beggar and the Diamond
“The Beggar and the Diamond” is a captivating story and a retelling of a traditional Hindu parable by one of my favorite authors, Stephen King. He included the story in his collection of short stories, “Nightmares and Dreamscapes,” released in 1993. This story reflects on the deeper meanings of wealth and value, which resonate throughout its narrative. It encourages us to consider what truly matters in life beyond material possessions. The story “The Beggar and the Diamond” illustrates how we all play specific roles in our lives, whether in society, at work, or within our communities. Each of us adopts a unique way of thinking and a set of beliefs…
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8 Strategies for Managing Social Media While Preserving Your Well-Being
Social media plays a massive role in our daily lives, particularly for young people still forming their identities. While it can offer many benefits, like staying connected with friends and discovering new ideas, it’s essential to use it responsibly. Unchecked social media use can affect our mental health and overall well-being. This article will explore eight effective strategies to help us manage social media. These tips aim to enhance our online experiences while minimizing negative impacts and promoting a healthier lifestyle. 1. Setting Healthy Boundaries Just like we wouldn’t let anyone walk into our house with dirty shoes, we shouldn’t allow everyone’s moods, feelings, and thoughts to take over our…
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8 Game-Changing Lessons from Peter Drucker’s ‘Effective Executive’
Peter Drucker, the legendary “father of modern management,” didn’t just shape how businesses run—he unlocked the secrets of genuine effectiveness. His book “The Effective Executive” is a goldmine of practical wisdom, offering timeless strategies to boost productivity, sharpen decision-making, and get authentic results. But these lessons aren’t just for CEOs—they are for anyone looking to make smarter choices and accomplish more with less effort. In this post, we’ll break down eight powerful lessons from Drucker’s work that you can apply to your career, studies, or personal life. By adopting these principles, you’ll build better habits, prioritize what truly matters, and confidently achieve your goals.
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8 Powerful Financial Wisdom from Li Ka-Shing
Li Ka-Shing’s incredible story is an inspiration. As a person who started life in poverty and eventually becoming one of the wealthiest businessmen in Asia, he is considered an inspirational self-made billionaire. Li Ka-shing is a businessman and philanthropist from Hong Kong and one of Asia’s most influential entrepreneurs. He was born in 1928 in Chaozhou, China, and came to Hong Kong as a child during the Sino-Japanese War. At 15, he started working in a plastics factory to help support his family and then launched his own company, Cheung Kong Industries, in 1950, making plastic flowers. In the 1970s, we saw him expand into real estate by acquiring Hutchison…
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8 Lessons to Create a Budget
When it comes to the most vital skills in personal finance, I think learning how to create a budget is at the top. Whether you’re a college student, a stay-at-home parent, or a young professional, budgeting is a critical aspect of achieving financial success. I have learned a lot about personal finance and have consolidated my knowledge in this blog, here are 8 lessons to create a budget like a personal finance expert. Furthermore, know that how you manage your money by creating a budget can mean whether you become successful with money or not. Therefore, let’s start first with the first point, and that is having a goal. 1.…
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8 Money Rule of Thumbs That Will Make You Rich
There are many rules of thumb out there when it comes to life but what I want to write about are the most important ones that deal with money and getting rich. I love and rely on rules of thumb that help guide me in many facets of my life, especially managing my finances. A rule of thumb is a term for practical advice, a guiding principle based on theory or experience simplified enough to follow it (if we choose to) and yield success. What if we have the most critical rules of thumb about money to help guide us? I collected the financial rules of thumb passed on by…
