Новый набор студентов

Showing posts with label MINIBOSS EDUCATIONAL SYSTEM. Show all posts
Showing posts with label MINIBOSS EDUCATIONAL SYSTEM. Show all posts

Looking for a summer read? Try one of these 5 books by Bill Gates




I always like to pick out a bunch of books to bring with me whenever I get ready to go on vacation. More often than not, I end up taking more books than I could possibly read on one trip. My philosophy is that I’d rather have too much to read on a trip than too little.

If you’re like me, you’re probably starting to think about what’s on your summer reading list this year—and I can’t recommend the books below highly enough.

None of them are what most people think of as a light read. All but one deal with the idea of disruption, but I don’t mean “disruption” in the way tech people usually mean it. I’ve recently found myself drawn to books about upheaval (that’s even the title of the one of them)—whether it’s the Soviet Union right after the Bolshevik revolution, the United States during times of war, or a global reevaluation of our economic system.



If you’re looking for something that’s more of a typical summer book, I recommend Graeme Simsion’s The Rosie Result. (And if you haven’t read the first two books in the Rosie trilogy, summer vacation is the perfect time to start!) I also can’t resist a plug for Melinda’s new book The Moment of Lift. I know I’m biased, but it’s one of the best books I’ve read so far this year.

Here is my full summer reading list:

Upheaval, by Jared Diamond. I’m a big fan of everything Jared has written, and his latest is no exception. The book explores how societies react during moments of crisis. He uses a series of fascinating case studies to show how nations managed existential challenges like civil war, foreign threats, and general malaise. It sounds a bit depressing, but I finished the book even more optimistic about our ability to solve problems than I started.

Nine Pints, by Rose George. If you get grossed out by blood, this one probably isn’t for you. But if you’re like me and find it fascinating, you’ll enjoy this book by a British journalist with an especially personal connection to the subject. I’m a big fan of books that go deep on one specific topic, so Nine Pints (the title refers to the volume of blood in the average adult) was right up my alley. It’s filled with super-interesting facts that will leave you with a new appreciation for blood.

A Gentleman in Moscow, by Amor Towles. It seems like everyone I know has read this book. I finally joined the club after my brother-in-law sent me a copy, and I’m glad I did. Towles’s novel about a count sentenced to life under house arrest in a Moscow hotel is fun, clever, and surprisingly upbeat. Even if you don’t enjoy reading about Russia as much as I do (I’ve read every book by Dostoyevsky), A Gentleman in Moscow is an amazing story that anyone can enjoy.

Presidents of War, by Michael Beschloss. My interest in all aspects of the Vietnam War is the main reason I decided to pick up this book. By the time I finished it, I learned a lot not only about Vietnam but about the eight other major conflicts the U.S. entered between the turn of the 19th century and the 1970s. Beschloss’s broad scope lets you draw important cross-cutting lessons about presidential leadership.

The Future of Capitalism, by Paul Collier. Collier’s latest book is a thought-provoking look at a topic that’s top of mind for a lot of people right now. Although I don’t agree with him about everything—I think his analysis of the problem is better than his proposed solutions—his background as a development economist gives him a smart perspective on where capitalism is headed.

А source

Esther Wojcicki on Teaching Kids to Be Independent Thinkers




This excerpt is from How to Raise Successful People, a book by Esther Wojcicki, a teacher and the mother of Susan Wojcicki (the CEO of YouTube), Janet Wojcicki (a Fulbright winner), and Anne Wojcicki, cofounder of 23andMe. Steve Jobs’ daughter Lisa was one of her students.

Back in the ’80s, my daughters were known in our Tolman Drive neighborhood as the lemon girls. One day they noticed our neighbor’s lemon tree, and she nicely agreed to their plan of using it to start a business. They came up with a price (50 cents per lemon), and sold their goods door-to-door. They even sold lemons back to the neighbor with the lemon tree. Once they filled up their piggy banks, they’d spend their earnings at their favorite dime store, Patterson’s on California Avenue.

I guess being an entrepreneur runs in the family, because my granddaughter Mia has a successful business making and selling slime. Yes, slime. It’s exactly what you think it is.

Gooey, stringy, a total mess. But kids love it, especially when it has sparkles and rainbow colors. Mia was talented at designing new types of slime and got the bright idea to market it at age nine. My grandson Leon started working at a local arcade in Los Altos called Area 151 when he was 13 years old. It was his idea to get a job there, not his parents’. Leon sells tokens to the customers, teaches them how to play the games, and even resets and repairs some of the machines. His latest obsession is bitcoins. Trust me, he is a self-made expert on cryptocurrency.

All of these projects came from a spark of curiosity, which itself arises from independent thinking. Do you want to know the single hardest assignment for my students? Coming up with their own topics. They find basic free-writing almost impossible. They complain that they don’t know what’s interesting. The main thing they want to know is if their “interesting idea” will earn an A. I tell them any idea is an A idea as long as they are interested in it, because if they’re not, why would anyone else want to read it?

Lack of curiosity and the inability to free-write were such wide-spread issues in the 1990s, when I was an instructional supervisor for English, that I instituted a department-wide policy of daily free-writing for every student at Palo Alto High. I waited for the back-to-school sale at Target and bought two thousand notebooks. I don’t think they expected a customer like me. They didn’t have a limit at that time (they do now!), but they were surprised that I wanted to buy that many and asked if I was a reseller. “No,” I said. “I’m a teacher and I’m buying these for all the kids at the high school.”

Once they heard that, they couldn’t have been more helpful. For the first few weeks, you’d have thought I was asking them to solve a difficult math problem. All I wanted them to do was free-write about any topic for the first 10 minutes of the class. How hard could that be? Really hard, it turns out. Sometimes I brought up topics from the newspaper. “Look what happened yesterday,” I’d say. “What do you think about this story?” They didn’t even know what those stories were. But suddenly they were paying attention, taking an interest in the world around them, and forming their own opinions. They learned to love those notebooks, and writing every day became a welcome ritual that increased confidence and fluency.

This exercise was the beginning of their independent thinking.



Students often don’t know why they’re learning something. Asking why is so important to kids and they deserve a better answer than “because it will be on the test.” By the time kids reach middle school, they give up asking and focus on getting a good grade. To in- crease curiosity, it is important to address the “why” questions. Why are we reading Hamlet? Why are we solving quadratic equations? When teachers answer these questions, it prompts kids to think more deeply about the implications of what they’re learning.

Parents can elicit curiosity in their children through similar methods. We don’t need to have the right answers all the time, but we need to encourage kids to ask the right questions.

If we don’t know the answer, we can say, “Let’s find out. Do some research on Google, and we can go from there.” My grandson Noah is always asking about the stars, the planets, and the world around him, difficult questions like “What are black holes?” and “What does it mean to have a sound barrier?” Those are for my husband, the physicist. Noah asks questions about math, too—complex, philosophical questions. Again, those questions are for my husband, or, better yet, for Noah’s father, Sergey.

When we support curiosity, what we’re really developing is a child’s imagination. Which brings me to creativity, a wonderful by-product of independence and curiosity. Unfortunately, when it comes to creativity and innovation, our kids are suffering. In one study, a test based on NASA’s recruiting process for engineers and rocket scientists was used to measure creativity and innovative thinking in small children. At age five, 98 percent of the kids had genius-level imaginative abilities. But at age ten, only 30 percent of the children fell into that category. Want to guess how many adults maintain their creative thinking skills after making it through our educational system? Just 2 percent.

No wonder Elon Musk says, “I hated going to school when I was a kid. It was torture.” He hated it so much, in fact, that when it came to educating his sons, he decided to start his own school. It’s called the Ad Astra School, and—you guessed it—the focus is on self-motivated learning, problem-solving, and an entrepreneurial mind-set. There’s even a class on the ethics of artificial intelligence. Musk’s solution is unique to his family; other families are pursuing their own solutions, including homeschooling, which has grown in popularity over the past few decades. Why? Because the parents had negative experiences in school themselves and are looking for a better alternative for their children.



Eddy Zhong, CEO of Leangap, a unique incubator for teen startups, sold his first tech company for $1.2 million at age 16 and had a similar experience as a student. He claims that schools make kids less intelligent and less creative. As he says in his TED Talk, “The fact is, there are way too many people out there right now who are obsessed with telling kids to go to college, to find a good job, to be successful. There are not enough who are telling kids to explore more possibilities, to become entrepreneurs . . . No one has ever changed the world by doing what the world has told them to do.”

Here’s what you can do as a parent, even if your child’s creativity isn’t being encouraged at school: I used to set up all kinds of art supplies for my daughters on the kitchen table.

There would be markers, colored paper, books, Play-Doh, yarn for braiding, and other arts and crafts. When they came home from school, they got to make whatever they wanted. I was always on the lookout for toys that they could assemble and design themselves. The YouTube Kids app now has instructional videos for any kind of creative project you can think of.

My granddaughter Emma drew some pretty incredible pictures of animals—she probably could have sold them at age 7. How did she learn to do that? Following a YouTube video.

There’s also no shortage of videos on scientific experiments for kids, like the optical illusions that my grandson Leon loves. Dan Russell, a computer scientist in charge of search quality and user happiness at Google, was upset with his young daughter for spending too much time online—until he realized that she had taught herself five languages!

Projects like these allow kids to imagine and experiment and, most important, play. Creativity flows from a sense of play, and it’s one of the easiest things to teach your child.

Here’s a tip: Let them be. They will create their own imaginary worlds without any help from you. Think of a child on a beach and all the wonderful games and adventures he creates on his own—collecting shells and rocks, building sandcastles, skipping stones, splashing in the waves. This is what makes kids happiest (and builds the right skills).

Following the rules is not play, ever, unless you’re pretending to be a policeman. And don’t forget to play with them. One of my grandkids recently rated me the “craziest person” in my family because I get down to their level. I have been known to crawl under the table with the kids and bark with the dogs and have a sincere conversation with the cats. Steve Jobs had a similar attitude toward life, and even told his daughter, Lisa, that schools kill creativity. I remember him in our cramped classroom, camped out on the beige corduroy beanbag chair. He’d talk to the students, play on the computers, and, well, hang out. He never stopped playing and exploring, and we all know what came of his incredible imagination.

A source

Summer Business Academy MiniBoss 2019




Annual course for 30 days
!

Catch the students of the International Education Network MiniBoss Business School and join in September Immediately on the 2nd course.

At first time in Russia, Bulgaria, Ukraine, Lithuania, Moldova, Kazakhstan, Macedonia.
Course number 1 MiniBoss starter "Basis of Business".
Learn the most important things how to turn your knowledge into money!
Age Groups: 6-8, 9-11, 12-14 years old.
Starting June 3rd.
From Monday to Friday from 10 am to 5 pm.

Curriculum Includes:
  • business lessons (course # 1)
  • business games
  • generation of ideas: Creative Battle,
  • team building in the fresh air,
  • Business Incubator: creating startups from A to Z;
  • Mentoring from serial entrepreneurs of the country;
  • master classes and meetings with VIP;
  • BOSS Cinema with analysis of educational films,
  • preparation for the presentation and protection of startups at the 2019 World Startup Championships,
  • delicious lunches and snacks,
  • healthy and strong environment of purposeful children!
FEE: from 1000 Euro All Inclusive.

Paris Franchise Expo 2019: France United the Best Ones




Our Global MiniBoss team is represented by Paris Franchise Expo 2019.

Every year, Franchise Expo Paris champions the development of franchise networks both in France and internationally by making it easier for thousands of entrepreneurs to fulfil their dream to start a business.

World’s #1 Brand in Business Education for kids and teens presents innovation.



MiniBossis 8 unique courses, Business Incubator, StartUp Forums, StartUp National and World Cup Championships, International Business Camps, etc.



Franchise Expo Paris is the opportunity to join the international hub connecting investors from 95 countries with the most renowned franchisors looking to expand their concept worldwide. Recognized as the world leading and most diversified franchise exhibition Franchise Expo Paris is gathering more than 495 franchisors from 90 activity sectors and 36 000 ready-to-invest entrepreneurs.







MiniBoss Business School: Business Education of the 21st Century




Children of the 21st century live in another world: in high-speed communications via the Internet and social networks, in a high degree of virtualization of the world and services, in the sphere of their interests and desires. The speed and values of the 21st century create new demands for modern education.

Today, the entire education system is built on encouragement and punishment: the child behaves well - they encourage, badly - they punish. At best, there is a third dimension, in the form of accounting for heredity or the role of education. But on the whole, authoritarian, crudely materialistic pedagogy remains hopelessly two-dimensional, while there is an urgent need for understanding and recognizing the fourth dimension of the pedagogical process - spiritual aspiration upward, towards the light.

At Business School, children learn to monetize their talents and knowledge, create social and business projects.


Each course lasts 1 academic school year. The academic program of each course is divided into 3 semesters with different methods and focus of development (from divergent skills to convergent skills):



The academic year (synchronized with the academic program in regular schools) and includes more than 600 acad. hours per year, including

Unique MiniBoss student's study books on 8 courses:
  • The basics of economics and business (MINIBOSS)
  • Family Business (SUCCESSOR)
  • Generation of ideas and eidetic (CREATOR)
  • Market Research (MERCHANT)
  • History of Innovation and Entrepreneurship (ENTREPRENEUR)
  • Rhetoric, coaching, sales and networking (COMMUNICATOR)
  • Theory of Invention and TRIZ (Innovator)
  • Career guidance, business administration (PROFI)


MiniBoss is the only children's business school in the world that guarantees 100% academic results: all students who complete the full cycle of the program (8 courses) and have received the International Diploma MiniBoss Business School (United Kingdom) are guaranteed to become successful and happy entrepreneurs!

These Are the World’s Most Innovative Countries




South Korea retained the global crown in the 2019 Bloomberg Innovation Index, though improvements by Germany in research and education brought Europe’s largest economy to near-parity in the annual ranking.

The U.S. moved up to eighth place, a year after cracks in education scores pushed it out of the top 10 for the first time.

The annual Bloomberg Innovation Index, in its seventh year, analyzes dozens of criteria using seven metrics, including research and development spending, manufacturing capability and concentration of high-tech public companies.

The ranking comes as global elites gather at this week’s annual World Economic Forum in Davos, Switzerland, where they will discuss the future of globalization, the role of the state and how innovation propels countries forward.

In the Bloomberg Index, Germany almost caught six-time champion South Korea on the strength of added-value from manufacturing and research intensity, much of it built around industrial giants such as Volkswagen AG, Robert Bosch GmbH and Daimler AG. Although South Korea extended its winning streak, its lead narrowed in part because of lower scores in patent activity.


Sweden, China

Sweden, the runner-up in 2018, fell to the seventh spot. Patent activity boosted the scores for China and Israel, which was a big winner by jumping five spots to fifth overall. The Middle Eastern country surpassed Singapore, Sweden and Japan in the process.

South Korea’s staying power at No. 1 should receive a boost from fresh investments in strategic technologies and a regulatory program that encourages startups, according to Khoon Goh, head of research at Australia & New Zealand Banking Group Ltd. in Singapore. He sees the challenge, though, in moving innovation beyond the “highly concentrated large chaebols,” or family-run conglomerates.

“Innovation is becoming increasingly important to drive economic performance, particularly in the higher-income Asian economies where there is no longer a demographic dividend and higher value-added manufacturing assembly is being shifted to lower-cost countries in the region,” Goh said.

Tentative Rise


Germany’s rise in the Bloomberg ranking also seems tentative, as Europe’s largest exporter struggles with a shortage of skilled workers and changing immigration policies, according to Juergen Michels, chief economist of Bayerische Landesbank. It must hone its strategy in high-tech sectors, including industries such as diesel, digital communications and artificial intelligence, he added.

The U.K. fell one spot to 18th and lost out to China for the first time. China’s score reflects a dichotomy in the world’s second-largest economy: it ranked No. 2 in patent activity on the strength of R&D from Huawei Technologies Co. and BOE Technology Group, but still lags behind most innovative alums in overall productivity.

The U.S. rose three spots to eighth, after falling out of the top 10 for the first time last year. Faster product cycles and intensifying competition are changing the ways managers have to work, according to Pfizer Inc.’s presentation at a recent conference on health care.

“Mediocre or incremental innovation is not going to be rewarded the way that they used to be,” Albert Bourla, chief executive officer of the New York-based drugmaker, told attendees at the J.P. Morgan Healthcare Conference. “We need to make sure that we change the way that we operate so that we can remove bureaucratic processes. Innovation and bureaucracy, like water and oil, they don’t mix well together.”

Among 2019’s ranked economies, the biggest losers were Tunisia and Ukraine, which both fell out of the top 50. Ten economies joined the ranking in 2019 as more reliable data became available.

The United Arab Emirates made the highest debut in 46th place. Brazil rejoined the index in the 45th spot after not being ranked last year. Also among the new entrants are some of the world’s largest emerging economies: India, Mexico, Vietnam and Saudi Arabia. South Africa remains the only Sub-Saharan nation to be ranked.

The 2019 ranking process began with more than 200 economies. Each was scored on a 0-100 scale based on seven equally weighted categories. Nations that didn’t report data for at least six categories were eliminated, trimming the total list to 95. Bloomberg publishes the top 60 economies.



A source

5 Lessons You Can Teach Your Kids To Prepare Them For Entrepreneurship




My first real entrepreneurial invention was a pencil holder made out of orange juice concentrate cans. I glued plywood to the cans that my uncle cut up for me, pasted Popsicle sticks on them, painted them, and went selling them door to door. I even took custom orders: for an extra 20 cents, I’d put your Polaroid picture on it.

These experiences were my foundation. Being a paperboy, for example, taught me so much about responsibility, and money, and how to deal with people. I was 12 years old, getting up at the crack of dawn to ride my bike and deliver papers. I had to knock on doors and collect payments — and the tips I received were based on my customer service skills. I had to learn how to interact with all sorts of different personalities, all of whom were two, three, four or more decades older than me.

It’s a shame that trade has since gone away, and it’s equally as sad that we don’t teach our kids these same lessons in school. We teach them algebra instead of how to manage their own money. We teach them biology but don’t teach them how to nurture their own ideas.

There’s a great TED talk about the importance of teaching entrepreneurship to kids by Cameron Herold — a fellow entrepreneur who, like me, struggled to follow the “color inside the lines” approach education tends to encourage. Look, I’m not saying school doesn’t have its place. I just think with 3 in 10 U.S. jobs being held by the self-employed and the workers they hired, according to a 2014 report, we should acknowledge the value of entrepreneurship in our society — starting with early education.


So, what lessons should kids be learning early on to better prepare them for entrepreneurship?



How to manage money (even if it’s small amounts)


I don’t know about you, but the first time I earned a dollar, I was thrilled.

But the key word there is “earned.” There is a big difference between giving your kid $5 for lunch just because they’re your kid, and teaching them how to work for the money they have.

In Herold’s TED talk, he tells the story about how his parents gave him two piggy banks: one for money he could spend on the things he wanted, and one for savings. Every time he made $1, he would put 50 cents in one and 50 cents in the other.

These early habits are so important, and aren’t that difficult to implement. But, as a parent, it’s your responsibility to help hold your kid accountable. Otherwise, which piggy bank do you think they’re going to fill faster?



The value of responsibility by doing chores


Even if your kid is only in the 3rd grade, why doesn’t he or she have the responsibility to earn a few bucks each week by doing some basic chores?

The whole purpose of putting an allowance sheet together isn’t to give your kid free money. It’s to teach them the meaning of responsibility, and instill the concept of exchanging their time and effort for something in return — in this case, a salary.

The difference between chores and homework, however, is the fact that homework doesn’t really provide that same sort of excitement or reward. It teaches kids to do as they are told, but it doesn’t teach them how to earn for themselves — and then reinvest those earnings into other things they may want.

How to spot the difference between good and bad customer service

Any parent can attest to having been frustrated at a restaurant when a waiter or waitress fumbled an order, or didn’t come back to check in with the table.

But instead of simply showing your frustration, consider the opportunity to explain to your kids the value of good customer service — or what bad customer service looks like. It doesn’t take much to say, “See? That wasn’t great customer service.” Or, when someone does take care of you in a store, at a restaurant, wherever, acknowledging that to your kid and explaining why that’s important.

The customer service skills I learned as a paperboy were one of my greatest assets as an early entrepreneur. After all, succeeding in business is largely dependent upon your ability to be accountable for doing what you say you’re going to do.

Trading goods, and how they are bought and sold


This is something kids inherently understand. Any lunchroom is a perfect example. One kid has a bag of chips, another has a bologna sandwich. Depending on whether the sandwich looks fresh and tasty, or has a big dent in it and looks like it was accidentally sat on, determines its value — and whether or not the kid with the bag of chips will want to trade.

But even though kids trade their belongings, loan games to friends, or enlist the the help of their peers in things like yard projects, we rarely take the time to draw the parallel between their actions and entrepreneurship in the real world.



I have always found that people learn best when they can associate some new piece of knowledge with something they already know. Metaphors can be a helpful tool in helping speed up the learning process.

The qualities of selling


How many times have you bought your kid a new toy, only for them to throw it out as soon as they got a new one?

I know how easy it can be as a parent to just throw the old one away, but consider this as another opportunity to point out the art of selling. Sit your kid down and explain what you originally paid for that toy, and what it might be worth today — based on wear and tear, how much time has gone by, what other people are willing to pay for it, etc. With websites like eBay, you can even put the old toy up for sale, and let your kid keep whatever he or she sells it for.

Source

8 Success Factors Even More Important Than IQ (Infographic)




Cracking the question of what factors will best lead you to success can help you focus on the right areas of your personal development and make you more successful in your career, business, and life in general. After all, you don’t have a lot of time. You want to focus your efforts where you can have the most impact.

We’ve been conditioned to believe that smart people who work hard are bound to succeed. In fact, if you’re super smart, you should be able to write your own ticket, so to speak.

But is intelligence really the most critical success factor?

Not necessarily.


In fact, research suggests that intellect may not define success nearly as much as we’ve thought. Being smart can take you far, but emotional intelligence may be even more important than an exceptional intellect.

Dr. Arthur Poropat, senior lecturer at Griffith University, conducted reviews on the “Big 5” personality factors: conscientiousness, openness, emotional stability, extraversion, and agreeableness. People with high levels of these traits were more likely to achieve high grades than people with high IQs.

Other research from the Carnegie Institute of Technology found that emotional intelligence is a far more important success factor than standard intelligence when it comes to your financial success. In fact, 85 percent of financial success comes from people skills and just 15 percent comes from technical knowledge.

If you weren’t gifted with an exceptionally high IQ, you can still dominate in your field, as these positive personality traits can be learned, built, and strengthened over time.

In the infographic below, Headway Capital takes a look into the eight critical success factors that are even more important than being a smartie. Have a look at how self-regulation, a growth mindset, resilience, passion, empathy, conscientiousness, openness to experience, and social skills can all help you define success in your own life and drive your career (or business) to greater heights.







Image: Headway Capital

Infographic: How Gen Z is Confronting Their Financial Fears

Gen Z, the young, growing, post-millennial generation, is set to make up 40% of consumers by 2020. Categorized apart from millennials as those born from 1997 and onward, this younger generation sets itself apart from older ones as free-thinking, hard working, and most importantly, cautious spenders.








A source

3 Ways Your Money Psychology Is Hurting You Financially




If you’re a human being, you likely carry unconscious beliefs about money – maybe you think you don’t deserve to spend it, or that you need more of it to be happy. Beliefs like this can steer you toward counterproductive money choices without you even realizing it.

We’ve all been there. But harmful money thoughts really don’t need to last forever. Here’s what you need to know about how your money psychology might be hurting you – and how to break free.

How to Spot Your Money Script


Financial psychologist Bradley Klontz coined the term “money scripts” to describe our core beliefs about money – the scripts we wrote for ourselves early on and can’t help but follow.

There are four types of money scripts: money avoidance, money worship, money status and money vigilance. That might sound complicated, but the basics are pretty simple.

Money Avoidance


If you follow this script, you believe that money is bad, or that you personally don’t deserve money. You might think, Good people shouldn’t care about money, or Rich people don’t deserve wealth. Maybe you believe money is the source of stress, so it’s better (even a virtue) to make do with less.

Money Worship


If you’re in this category, you believe that money will automatically bring you happiness or fulfillment. You can never be too rich and It’s not possible to be poor and happy are common beliefs here.

 

Money Status


If you’re all about money status, your self-worth gets tangled up with your net worth – which means you start to believe things like, My success is measured by my income, or The things I own reflect my worth.

Money Vigilance


A money vigilant person keeps a careful (some might say “stingy”) watch on her finances and believes things like, Research all purchases to get the best deal or Always save for a rainy day (though often, that rainy day never comes). This kind of thinking is usually quite helpful, but can lead to very risk-averse money behaviors that can set you back.

What Your Money Script Does to Your Finances


If you were reading one of the above descriptions and thought, Isn’t that what everyone thinks?, that’s probably a sign. Once you’re aware of your money script, you can better understand how it affects your most important money decisions.

 

Spending


Your spending decisions are often triggered by your financial psychology.

If you’re money avoidant, you’d prefer not to think about money, and often spend mindlessly. If you have this psychology, it might seem easier to buy without thought — and deal with overdrafts and maxed out credit cards later — than to learn how to budget and track your spending.

Money worshippers and status seekers are also vulnerable to overspending. Individuals with these scripts might know exactly how much they are spending (although not all do). But for these spenders, the pride of ownership is more important than keeping a positive bank balance or becoming debt-free.

The money vigilant are prone to underspending, which can cause emotional distress and even potentially cost money in the long-term. For instance, someone who thinks this way might keep an old pair of running shoes for years, saving her the annual $65 she’d spend on a new pair, but eventually cause an injury that costs thousands.

Saving


Very few Americans are saving enough – and in some cases, money scripts could be to blame. Lackluster savings are sometimes related to things like stagnant wages, but your commitment to saving is also tied to your financial psychology.

If you’re a money avoidant person, you’re uncomfortable with money because you think people with money are immoral or bad. You might even sabotage your savings to relieve feelings of guilt about having money.

When it comes to money worship and money status scripts, saving generally takes a backseat to spending (or even splurging). But if this is you, that doesn’t mean you’re always uncomfortable holding onto some money. After all, it can be another way to impress others.

The money vigilant are also likely to have robust savings, which is definitely a good thing. But sometimes, it’s important to dip your savings. Making money choices based on fear is rarely the way to go.

 

Investing


Your money psychology can also influence your investment choices, which can have long-ranging consequences.

For the money avoidant, investing can seem too risky or complicated – after all, if you don’t bother, then you don’t have to make any uncomfortable decisions. Someone with this pattern tends to jump on the bandwagon, buying so-called “hot” stocks and liquidating during downturns, without thinking much about the outcome.

Money worshippers and money status seekers go for risky investments, in part because they fear missing out on the “next big thing — and because they want a shortcut to wealth. That makes them vulnerable to investing bubbles and get-rich-quick schemes.

The money vigilant might also opt out of investing, as the fear of losing money in a market downturn can keep them from taking on the risks involved. When they do invest, they focus on investments that will protect their principal. This is a bet that seems safe, but erodes the buying power of their money because growth won’t outpace inflation.

Your Money Psychology Is Not Wrong

Although your money script might steer you to make some irrational choices, it’s important to remember that your money scripts are neither right nor wrong. They’re nothing more than the financial lens through which you see the world.

Once you understand your money psychology, you can give yourself a gut check the next time you make a big – or even small – financial decision. Is your first instinct really the best option? Or is it just what feels comfortable?

These 5 questions kill creativity

Leonardo Art School
Questions can fire the imagination and feed your creativity. In my research for The Book of Beautiful Questions, I found dozens of questions that can help in identifying fresh ideas, overcoming creative block, soliciting useful feedback, and getting an idea “out the door” and into the world.

However, the questions we ask ourselves about creativity also can have the opposite effect. They can undermine creative confidence or cause us to misdirect our efforts. Below are five questions that can be thought of as “creativity killers.” Take note of them now—so that in the future, you can stop asking them.

Am I creative?


This is the first and most common “wrong question” to ask about your own creativity. David Burkus, author of The Myths of Creativity, found that one of the greatest myths is the notion that some of us are naturally creative and others are not. As Burkus notes, scientific findings do not bear this out. “We can’t find anything in the research that suggests there’s a ‘creativity gene,'” Burkus told me. We should think of creativity “as a gift that is available to everyone.”



Burkus points to the high levels of creativity demonstrated by many when they’re children, which shows that creativity is in us. And while it’s true that many kids who freely imagine, draw, build, and experiment seem to do less of those things as they get older, this suggests that instead of asking, “Am I creative?” the better question might be, “Where did my creativity go?”

It may have been discouraged over the years by outside forces (non-creative schooling and jobs) as well as from a lack of confidence. “As you get older, you become more aware that not everyone loves your crazy ideas,” Burkus says. Eventually, he adds, the negative feedback becomes an accepted truth—and even a handy excuse. “If you can say, ‘Well, I’m not one of those creative people,’ it lets you off the hook. You don’t even have to try.

That’s an attitude Ideo cofounder David Kelley has said he often encounters among students coming to the classes he has taught at Stanford University. People arrive insisting they’re not creative, Kelley says, but “they end up doing amazing things in the class.” To build confidence, Kelley encourages students to start by doing small creative exercises—drawing stick figures, building something simple—and work their way up to more demanding projects.

In the process, Kelley reassures students that whether they can draw well, for example, is not a measure of their creativity—rather, it’s a specific skill, which can be developed over time. Creativity, on the other hand, is not a skill but a “mind-set” or a way of looking at the world. And we all have the ability to look at something—a problem, a subject, a situation, a theme—and bring forth our own ideas and interpretations.

Leonardo Art School

Where will I find an original idea?


This question is often accompanied by a companion question: Hasn’t everything been thought of already?

The faulty assumption behind this question is that fresh ideas must be created from whole cloth; that all parts of the idea must be new and never before seen. But original ideas are often composed of and inspired by things that already exist in the world—fragments that are all around us, waiting to be noticed and then reimagined in a new form.

Burkus cites the “originality myth” as one of great misconceptions about creating. He points to the iPhone as a prime example of creativity by combination—Apple blended elements of the cell phone, Blackberry, camera, and iPod into that highly original combo package.

This form of creativity comes naturally. Our brains are wired to make such connections and combinations. And it’s fine to borrow from other creations, as long as the borrower “compounds it with one’s own experiences and thoughts and feelings” and “expresses it in a new way, one’s own,” wrote the neurologist and author Oliver Sacks in his essay “The Creative Self.”

For those who aspire to create, this should come as a relief. There is nothing more paralyzing than trying to think of a “great idea” by attempting to conjure something from nothing. But if we appreciate that there are sources of inspiration all around—an abundance of raw material that we can begin to study and play with, even if we’re not quite sure how we might want to reshape it—it means the answer to that question “Where do I find an idea?” is simple: everywhere.

Where will I find time to create?


What makes this an unproductive question is that word “find.”

It’s not a matter of finding additional time, but reallocating the time you have. Significant blocks of time are needed for deep creative work. How much time depends on the individual (I tend to need uninterrupted blocks of no less than three hours).

Having this amount of time devoted to solitary thinking and creative work may seem like a luxury that busy people can’t afford. But as the Silicon Valley venture capitalist and essayist Paul Graham has noted, it’s all a matter of how you arrange your schedule. Graham distinguishes between a “maker’s schedule” and a “manager’s schedule,” specifying that the former must have clearly marked-off, multi-hour blocks of time set aside for creative work (in contrast, the manager’s schedule is composed almost entirely of half-hour to one-hour blocks for meetings and managerial tasks).

So if you want to “find time” to be creative, start by asking, How can I shift from a manager’s schedule to a maker’s schedule? It’s not easy to do. Many of us automatically fill our calendars in the style of a manager—and any part of the calendar not filled is considered “empty” and available. “You open your calendar and you see a blank space and that seems like it’s the wrong thing,” says the psychology professor and author Dan Ariely. “The reality is, blank spaces are the spaces where you’re supposed to do the most meaningful work.”

Perhaps instead of worrying about finding time, we should worry more about a bigger threat to creativity: lack of focus. As the author Cal Newport has pointed out, we need to be able to focus our attention for extended periods in order to do creative work. And that focus is under siege from endless distractions and interruptions, including those caused by social media technology. Newport suggests we flip the ratio of online time versus disconnected time. “Instead of taking breaks from digital media, we should allow ourselves occasional breaks to indulge in it,” he says. In other words, get into the habit of asking the reframed question, When should I take a break to connect?

Leonardo Art School

How can I come up with a blockbuster idea?


Before ever doing a lick of creative work on something, people often raise the stakes incredibly high: The idea must produce an outcome that will “make a fortune,” “change the world,” or earn the respect and admiration of millions. It’s fine to be ambitious, but at the outset of a creative endeavor, one should be less focused on outcome and more on just doing the work and doing it well.

It’s very difficult to know at the start what the outcome of your creative efforts will be. In his research on creativity, the psychologist Dean Simonton found that even experienced creative people had trouble predicting whether their individual projects would be successful—creators are simply bad at knowing what will be a hit, Simonton says. However, the successful ones overcome that by just forging ahead and creating. Through sheer productivity, the occasional and sometimes surprising successes tend to emerge.

If you’re trying to decide whether to pursue a project and want to make sure you’re doing it for the right reasons, ask yourself, What if I knew at the outset that there was no possibility of fame or fortune from this work—would I still want to do it?

Where do I begin?


The designer Bruce Mau once told me that the most common lament he hears from young people attempting to start a creative project is, “I don’t know where to begin.” And Mau said he often responded by sharing a favorite quote from the maverick composer John Cage: “Begin anywhere.”

Cage’s advice applies to anyone creating anything. Don’t get hung up on finding the perfect starting point—the brilliant opening sentence, the stirring musical prologue. Begin with whatever you have right now, even if it’s a partial idea, an incomplete or flawed prototype, or the middle of a story.

Trying to find the perfect beginning is often a stall tactic. And the same can be said of various preparatory activities, such as setting up your ideal workspace and compiling massive amounts of preliminary research. The designer Mau shared another story about a writer friend of his who was about to embark on an ambitious new book. The writer “was always arranging his bookshelves and organizing his office” so that everything would be in the right place when he began working on the book. Only trouble: He never did get started.

If you find yourself engaged in lengthy preparations—taking crash courses, reading all the books and articles you can find on the subject at hand—be sure to ask yourself: Am I rearranging the bookshelves? Yes, research is important, but the point is to train yourself to recognize when you are using excess preparation to delay the scary inevitability of facing the blank page, the empty canvas, or the white computer screen.

Better to get started by giving form to something as soon as possible: write it, sketch it, prototype it. And don’t worry too much about quality, because whatever you express now will likely be revised or maybe scrapped altogether as you keep working. Ideo’s general manager Tom Kelley suggests this starter question: What if I lower the bar? Give yourself permission to start with something rough, imperfect, maybe even lousy—because it will provide a base upon which to build. And that, in and of itself, makes it a good beginning.

Origin

The 5 Mental Traps Every Founder Falls Into And How To Avoid Them


 

1. Saying, "I’ll just do it" if you see a teammate moving too slowly and you feel like you can do the work faster yourself.


This is the mistake I find myself making most often.

It’s especially prevalent among founders of early-stage startups, in those situations when you’ve hired a new team member to take over some part of your job for you. The truth is, a new hire will need time to ramp up, to learn the job — and of course, during that learning period, they won’t be able to complete the tasks you used to do as fast as you can.



But that doesn’t matter. Taking over their workload is the opposite of what you want to do, because it will prevent them from ever being able to run their domain autonomously. That will, in turn, prevent you from ever being able to scale your company.

And it’ll have other side effects, too. Stepping on your new teammate’s toes damages their morale — especially if they’re already suffering from a bit of Imposter Syndrome. And it wastes money in opportunity cost, mostly in the long run.

Let your new hires struggle so they grow - at least for the first few weeks.

2. Measuring hours, not progress


In the startup world, it’s annoyingly common to overhear people bragging about how often they get to the office early or stay there late.

That literally means nothing.

Unlike in Corporate America, that facetime doesn’t matter here. All that matters is progress.

Here’s what I’ve learned: I would rather have my team sleep later and leave earlier if that means they are sharper and more productive when they’re in the office. What matters are deliverables. To measure someone’s contribution to a growing company or cause, you need only look at things like:
  • What they accomplish
  • If they hit roadmap goals or deadlines
  • If they’re a reliable and respected team member
Of course, founders often behave in ways which prop up this fallacy, too. I try and avoid doing that by creating daily checklists for myself, and measuring my day in accordance with what manageable tasks I’ve accomplished or made progress on during the day.

Ultimately, being goal-oriented — as opposed to hours-oriented — is how you align conceptions of “productivity” with success, for both yourself and your team.

 

3. Feeling like you can’t take a break


Many founders routinely push themselves to the point of exhaustion in running their company — mentally sprinting 18 straight hours a day, never allowing themselves to stop, sleep, or take a vacation. They feel it’s what they need to do. I’ve even seen founders post about their “work ethic” on Instagram or Twitter as a way to get some social validation that what they are doing is “extra-ordinary”. Nothing gives you motivation these days like that late night “like” or “retweet.”

But in reality, that’s unproductive. Burning yourself out makes you less effective. The startup life is a marathon — not a sprint. And despite some of the very strange and very brilliant people you’ll meet along the way, we aren’t all robots (or cyborgs)…yet.

If you find yourself constantly inundated with tasks or action items that seem to force you to work without ever taking a break, take a step back and reflect. Often, you’ll find that you’re taking longer than you likely need completing certain tasks because you are:
  • Distracted (not all emails need to be answered right away)
  • Mismanaging your time
  • Not giving yourself enough “deep work” time
It’s about being purposeful. The old adage really does ring true: work smarter, not harder.

That also means allowing yourself to take breaks.

 

4. Trying to be the "cool boss"


There’s a fine line between being the “boss” and being a friend. When you’re running an early-stage startup — beholden to your team, investors, and to yourself — it’s always better to be the former.

It’s good to be friendly, but feigning honesty will have drastic consequences, both personally and company-wide. Among other things, it will:
  • Promote an overtly political company atmosphere in which your team is competing not to be productive or valuable, but to be a member of some founder “inner circle.”
  • Eat away at you personally, since the problems you fail to call out are never being remedied. This will eventually cause you to resent that person to the point of wanting to fire them.
  • Cripple your product, since the feedback loop is broken.
  • Prevent your company culture from growing into one of honesty, transparency and constant feedback, which is what you need.
When you need to have hard conversations, just rip the band-aid off. Be direct and say what you need to say. It’s the only way things will improve. And, truly, as long as you remain professional with your feedback, nobody will fault you.

The truth is, your team will — and should — fault you if you’re not doing your job.

 

5. Thinking you need to tell everybody things are going great all the time


Founders might be more guilty of this mental trap than any of the others. Talk to a friend or colleague who’s starting a company right now, and ask them how it’s going. 99% of the time, you’ll hear: “It’s going great.”

Not only is this often dishonest, but it has other unforeseen consequences, too. It can:
  • Piss people off, since most of the time it comes off as disingenuous or as you stroking your own ego.
  • Preclude you from receiving what might be very valuable advice or help, since those who could give it to you won’t think you need it.
  • Decrease your credibility — especially after people find out things actually aren’t going great, even though you told them the opposite just a short while ago.
Personally, I push myself — at this stage in my career — to be completely honest when answering this question. “You know what? Shit’s hard right now.” Saying that to people at the very least is honest, and better yet, might help me form bonds with others who’ve gone through the same struggle.

At the end of the day, everyone involved in the startup grind makes mistakes. That’s to be expected. What’s important is that you don’t make the mistakes you can avoid.

That starts with avoiding these mental traps.

Origin

Six science-backed techniques to help you make hard decisions

MiniBoss Franchisee in Dubai

1. Make a “value-based” pros & cons list


Imagine that you’re considering a move. Will you relocate to another city? Pull out a piece of paper and write a classic pros and cons list for the move.

Now, here’s where science has added a helpful twist.

Assign every list entry a number from 0 to 1, based on your personal values. For example, if being closer to your family is a “pro” that’s extremely high on your list, you might score it at 0.9 or 0.95.

If you listed “near the mountains” as another pro, but you’re more of a culture hound than an alpine hiker, then it might only rate 0.2 or 0.3.

Do the same for the “con” side. Leaving a job you love could score 0.8, for example, if your career is an essential part of your life.

Add up each side, multiply by 100, and see whether the pro or con side wins out. You can also make a separate pro and con list for staying where you are. Compare the final values and see how you feel about the outcome.



Often, confronting a “logical” number (which was actually weighted with emotions) can illuminate subconscious feelings.

If you see the numbers but still feel pulled in the opposite direction, it’s worth doing some deeper exploration.

You can also use this technique for smaller, less personal decisions, like which project or feature to tackle next.

2. Explore future scenarios


Considering the best- and worst-case scenarios is a common way to make tough choices.

What’s the very best future you can imagine? The worst? And how would you feel if that disastrous scenario became reality?

To expand on this technique, psychologist Gary Klein has studied a twist he calls the “premortem.” In a classic Harvard Business Review story, Klein explains why a premortem is the hypothetical opposite of a postmortem.

“A postmortem in a medical setting allows health professionals and the family to learn what caused a patient’s death. Everyone benefits except, of course, the patient. A premortem in a business setting comes at the beginning of a project rather than the end, so that the project can be improved rather than autopsied.”

Imagine that your decision was terrible. The project you chose to tackle was a crash-and-burn disaster. Now, explore every possible reason for the failure.

Once you address this worst-case scenario, you can take steps to prevent it — and make a better decision in the first place.

In fact, research shows that premortems (which are also called prospective hindsight) can increase our ability to identify future outcome causes by 30%.

On the flip side, try to visualize that epic, best-case future scenario and gauge how you feel. If you’re not happy or excited, it’s worth considering why.

Amazon uses a variation of both these techniques. Company developers must draft a hypothetical press release and FAQ announcement before they even write any code.

By working backwards, the team tackles the most difficult decisions upfront and clarifies the product’s value proposition. As reporter Jillian D’Onfro explains, “if the team can’t come up with a compelling press release, the product probably isn’t worth making.”

3. Avoid binary choices


We often get stuck choosing between this or that. Should I go back to school or start a business? Should I move to San Francisco or stay in Houston?

It’s easy to see the world in black-and-white, but there’s typically a grey option in the middle — or several shades of grey.

Maybe you could spend summers in San Francisco (as long as you can embrace Karl the Fog) and winters in Houston. Or, you could live in Houston for another couple years and move to the Bay Area later.

Sometimes the right choice is not one of two opposites. It’s a more creative, nuanced, or flexible solution.

 

4. Consult with others


Sharing your dilemma with others can justify or reinforce a choice, but more importantly, it’s a valuable way to gather valuable information.

If you can’t decide whether to move, for example, don’t just survey your friends and family (who will also have skin in your game); talk to someone who made the same move. Ask how they feel now about their decision.

For professional or business decisions, try hiring a consultant. Find people who have deep, niche expertise and learn as much from them as you can.

The extra information you gather will almost inevitably help you make better choices in the future.

 

5. Give yourself enough time


I still remember the day I quit my job. As I climbed the two flights of stairs to my boss’s office, my heart was thumping in my chest. My legs were shaking and my mouth was parched.

I knew it was the right choice, but my mind raced: “Am I making a mistake? Should I turn around? Maybe I should stay another year.”

But, I made it to his office and had the conversation I was dreading.

I had been thinking about this leap for at least two years, and my side products were easily paying the bills. Taking time to choose empowered me to make one of the best decisions of my life.

 

6. Avoid hidden decisions


For nearly 6,000 years, North America’s First Nations hunted the plains buffalo by chasing them over cliffs and finishing the kill below.

This method enabled tribes to gather and store large quantities of meat, hide and fat for the long winter ahead.

I always wondered why so many bison would just run over the cliff. They were usually pursued by hunters on horseback, for one, but it’s also an example of herd behavior. All the animals are just following the group, letting the flow take them where it will.

Buffalo jumps are a good metaphor for hidden decisions or non-decisions, which we’ve all experienced at times. When you procrastinate or delay an important choice, you’re still making a decision — and it’s rarely a good one.

For example, maybe you need to part ways with an employee, but you put it off to avoid a potential confrontation.

If the employee is negative, unpleasant, or ill-suited to their role, the choice to wait and delay can poison the whole team. Non-decision is a choice with real consequences.

Origin

WOW ! How Unites Family Teambuiding (Photo)




MiniBoss unites generations.

Parents and children took part in teambuilding. They perform the job together. They make one team.

See photo report аnd you will also feel the atmosphere of the holiday.
























A source