Newsflash: We humans are not always rational decision-makers. We make some questionable economic (and other) choices, because, in Nobel prize-winning Professor Thaler’s words, ‘We are humans, not econs’. We operate in a world of sales pitches and marketing traps. To avoid severe buyer’s remorse, we would be well served to understand three fundamental concepts in … Read more
This article continues the discussion on how to set achievable New Year’s resolutions. In my earlier post here, I tried to impress upon you why New Year’s resolutions matter, what goal setting means, and how to set SMART goals. If you think I’m crazy for even attempting to make New Year’s resolutions because they are … Read more
A 1988 research study by researchers at the University of Scranton showed only 19% of people who made New Year’s resolutions stuck to their goals. A 2007 University of Bristol study by professor Richard Weisman showed a 12% success rate in achieving New year’s goals. More recently, a 2018 study showed only 4% of respondents … Read more
If you are keen on personal growth, you need to take unqualified personal responsibility for your behavior and actions AND adopt an internal locus of control. I understand I’m stepping into the dare-zone with this talk of personal responsibility. I hope you will too by the end of this article. First things first, though. Personal … Read more
There are few life lessons worth making a bumper sticker for. In my opinion, the expression ‘Embrace the suck’ deserves one. Especially in a society obsessed with instant gratification and consumed by digital distractions. What does embrace the suck mean? ‘Embrace the suck’ is a military expression to stay the course when things seem pointless or … Read more