This is a book excerpt from the book The Self-made Billionaire Effect by John Sviokla. The book caught my attention first when I saw an interview with Tai Lopez and GaryVee. Tai mentioned this book when Gary explained how he lives by seemingly contradictory principles like patience and an urgent drive to act. Being egotistical … Read more
I live in Paraguay where labor is cheap. Everywhere you see people performing work which could easily be automated or done more efficiently. That is what I noticed when I moved to Germany. There weren’t security guards in front of every medium to big business, not even in the banks. Sure, it is safer over … Read more
Let’s discuss the pro and cons of technical vs fundamental analysis. I’ll list the arguments made in the book Technical Analysis of the Financial Markets and add my own thoughts. Quotations from the book are marked in italics. What is technical analysis? Technical analysis is the study of market action, primarily through the use of charts, … Read more
This book will show you how to persuade and achieve a dominant position Karl’s commentary: The author of this book has an interesting approach to effective communication and persuation with a mix of neuroscience, psychology and economics. The idea is to fill the gap between what you are trying to communicate to your audience and … Read more
Learn how to create long term success in your company Companies go through phases When we think about capitalism, inevitably some ugly examples pop up into our mind. Companies which are greedy, ruthless to their employees and the environment, the list goes on. But are some companies really inherently bad? The truth is that companies … Read more
Learn how to achieve success by learning from history’s geniuses Most people believe that in order to accomplish great things in life, you need to have the necessary talent. This is not true as studies have shown. It has been shown that blazing talent in young children rarely leads them to remarkable achievement later. Those … Read more
This book packs so much useful information about marketing, if you read one book about marketing let it be this one. Marketing is about perception not about superiority. If you want to sell your product you have to tweak your appearance and product in a way which makes it seem superior to those of the … Read more
Extrinsic motivation Extrinsic motivation is motivation which comes from outside ourselves. It comes in two flavors, pain, and pleasure or punishment and reward, aka. “The stick and the carrot.” Once, some 50.000 years ago, man’s main driver was his own survival. Later in the age of industrialization, things started to become more complex. New extrinsic … Read more
Learn from the classic book of Success “One of the most common causes of failure is the habit of quitting when one is overtaken by temporary defeat. Every person is guilty of this mistake at one time or another.” — Napoleon Hill Desire Desire/Passion is crucial if you want to accomplish your dreams. Thomas Edison went through years, and … Read more
Learn how you can become a giant with a small company In small companies, relationships are better Traditionally, most companies focused on growth. But there is another kind of company, those who deliberately chose not to grow. Those are called the small giants. Some companies refuse to grow because growing would mean that at some point the owner … Read more