I was recently watching a Warren Buffett interview, and one quote really stuck out: Ok, maybe Buffett is being a little too modest, but he makes a good point. Talent cannot succeed without resources, so if we don’t have the talent, we can make a really good living by investing in those who can do [...]
Displaying the most recent of 71 posts written by
Vik
Sexy Businesses Aren’t Actually That Sexy Five years ago, a small social network called Facebook started to gain a lot of traction. Around the same time, MySpace was sold to News Corporation for nearly $600 million. All of a sudden, lots of entrepreneurs and investors were pouring their time and money into social networking. After [...]
Reciprocation. People have a natural sense of “fairness” – if I receive something from someone, I should repay them in some capacity. This makes it harder for people to say “no” to a request after they have already received something of value. For example, the American Disabled Veterans organization sends out mailers asking for donations. [...]
Focus on the Big Wins One the main themes in Ramit Sethi’s popular blog “I Will Teach You To Be Rich” is the idea that you should focus on the big wins. In personal finance, that means that you’ll save the most money by cutting back on a few big expenses rather than trying to [...]
A few weeks ago, I was at a conference when I struck up a conversation with an older businessman. As we talked about the economy, I mentioned how it was really important for people to constantly adapt in an ever-changing world. The businessman turned to me with a surprised look. “I’ve been with my wife [...]
I recently got this e-mail from a good friend: “Hi Vik. I need a bit of advice. I have this co-worker who is a total jerk. He keeps bad-mouthing me and generally gets in the way of my productivity. I’ve made some efforts to fix the situation; after all we’re supposed to be helping each [...]
A few years ago, a good friend of mine set a New Year’s resolution of getting in shape. He was planning to hit the gym at least five times a week. On January 1st he went to the gym and worked out hard for two hours. The next day he was extremely sore, but he [...]
It’s so easy to get comfortable in life. We start out all excited about our relationships and careers. We’re willing to work hard to learn about the other person and develop our skills. Fast forward five years. We’re set in our ways. Somewhere along the journey, we stopped learning and growing. How do you fight this [...]
It’s great to meet people, especially successful ones who can help you. But meeting them isn’t enough…your goal should be to build a long-lasting relationship. That’s when you’ll really start getting some value out of your network. Here are several things you can do to increase your chances of networking success:
Have you ever had one of those days where you just can’t seem to catch a break? Those days where you feel like you don’t have a purpose and that nothing really matters? These are the days that can really hurt us. We might make a bad spending decision or say something inappropriate at work. [...]
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