The World's Best Book Summaries
Do you struggle with negative thoughts? What is neuroplasticity and how does it work? Mental toxicity leads to poor brain health, therefore, treating mental toxicity via neurocycling improves brain health. Dr. Caroline Leaf describes this strategy as “directed neuroplasticity.” Find out how neuroplasticity can improve your mental health and strengthen your mind.
What’s the neurocycle process like? How does journaling about your mental state help improve it? Mental toxicity results from repeated failures to process unhealthy thoughts. With the neurocycle’s steps, you remedy that by giving yourself opportunities to do that processing. Check out the six steps of the neurocycle below.
What’s working capital in a business? Do you want more cash for your business? It’s not hard to imagine how a business might paint a rosy picture of itself by tweaking an assumption here or there. However, by managing working capital, you can use financial numbers to help your company improve its actual performance without increasing sales or bringing costs down. Discover how to manage working capital to improve financial stability.
What’s the importance of return on investment in business? How can you determine if a business is a good investment? Perhaps the most basic question anyone who invests in a business asks is, “Will this be a good use of my time and money?” To put it simply, the return on investment (ROI) answers this by measuring how profitable an investment is compared to its cost. Let’s look at how to calculate ROI and how to read the numbers you get back.
What’s neurocycling? When should you practice neurocycling? What are the steps for performing it? Neurocycling can help you clear out any mental toxicity in the brain, which also improves your mental health at the same time. Dr. Caroline Leaf describes the six steps of the neurocycle, explains when to practice the neurocycle, and discusses four ways the neurocycle could help you live better. Keep reading to learn everything you need to know about neurocycling.
Do you want to improve your accounting knowledge? Are you in charge of your business’s finances? In Financial Intelligence, Karen Berman and Joe Knight explain how to calculate important numbers that reflect your business’s profitability, efficiency, and potential to attract investors. They also discuss how to manage your working capital to increase how much cash your business keeps on hand. Read more to learn how to understand accounting better so your business’s finances can soar.
How can you measure profitability in business? What makes a business profitable? A return on investment statement measures how profitable an investment is compared to its cost, but many business owners may want to know how much their company is worth overall. To determine this, you look at three financial ratios: gross profit margin, operating profit margin, and net profit margin. Keep reading to learn about these margins.
What’s Financial Intelligence by Karen Berman and Joe Knight about? Are you a business owner struggling to understand complex financial statements? In Financial Intelligence, Karen Berman and Joe Knight argue that basic financial knowledge is something you can learn, regardless of your educational background or your aptitude for numbers. Developing financial intelligence lets you analyze your company’s performance, spot potential issues, and make stronger cases for your business ideas. Read below for a brief overview of Financial Intelligence.
What are the benefits of a growth mindset? How can a positive outlook on life improve your mental health and career? David Emerald asserts that a growth mindset allows you to begin moving toward your long-term vision, one small, proactive step at a time. He lists four benefits that you’ll receive from adopting a visionary mindset instead of a helpless one: improved mental health, improved relationships, improved outcomes, and even improved fortunes. Keep reading to discover more about several growth mindset benefits you can experience today.
How can you measure a business’s profitability, efficiency, and investment potential? Why should you analyze your financial statements like investors? Karen Berman and Joe Knight discuss several key financial ratios that managers, investors, and analysts use to evaluate a company’s performance and financial health. Berman and Knight identify several important financial performance measures that indicate a company’s profitability, efficiency, and overall financial strength. Here’s how to use performance metrics to measure a company’s overall health.