The World's Best Book Summaries
What is analogical thinking? How can analogies be used to solve complex problems? In his book Range, David Epstein explains why analogical thinking is a valuable problem-solving tool. Using analogies can help you solve complex problems because it helps you make connections between seemingly unrelated concepts. Keep reading to learn how analogical thinking can help you yield new ideas by connecting the unconnectable.
What are the advantages of extracurricular activities? How does engaging your children in extracurricular activities help them develop grit? In her book Grit, Angela Duckworth discusses the many benefits extracurricular activities have in the development of grit. They help children cultivate the four elements of grit, develop high self-esteem, and improve academic performance. Keep reading to learn how extracurriculars can help your child develop grit.
What exactly is “grit”? Why is it important to cultivate grit in children? The trait of grit, as described by Angela Duckworth, is the combination of passion and perseverance. It’s an important trait to have because it’s one of the biggest predictors of success. If you want your children to become successful, you should raise them with grit from the beginning. Here is what Angela Duckworth has to say about raising children with grit.
Are you thinking of reading Range by David Epstein? Is the book really worth all the hype? David Epstein is a former writer for Sports Illustrated who has built his career writing about the science behind athleticism. In Range, Epstein makes the case for generalism: a broad competence in many areas rather than the extreme mastery of one. Not only does cultivating range free you to pursue more of your interests, it entails professional advantages you could have never predicted. Here is our review of Range by David Epstein.
Why is it better to have a wide range of skills rather than focusing on one specialty? What is the three-stage formula for becoming a generalist? According to David Epstein’s book Range, generalists do better in life than specialists. Given the unpredictable nature of the world and the fact that many specialized jobs are being replaced by technology, focusing on one specialty your whole life will be detrimental to your success. Keep reading to learn about the benefits of being a generalist and how to be one.
Why is it more important for schools to teach critical thinking skills rather than specialization? What proof is there that critical thinking is more important? The modern education system focuses on teaching both grade school and college students specialized skills. This is especially apparent when you look at medical school students. Here’s why schools should change the education system to include more critical thinking.
What is “match quality”? How can you tell if an activity is a good fit for you or not? How does match quality relate to choosing a career? In psychology, “match quality” refers to whether or not an activity is a good fit for someone. While growing up, it’s important for children and teens to have the freedom to try and experiment with a broad range of activities so they can discover which one has the best match quality for them—this will help them choose a more fulfilling career later in life. Here is how match quality can help kids
What is compound interest? How does putting even a small amount of money into an account that accrues compound interest benefit your finances? Compound interest is the interest accrued on a loan or deposit. According to David Bach, the author of The Automatic Millionaire, everyone can leverage the power of the compound interest to start building wealth. While investing a few dollars itself won’t make you a millionaire, putting those dollars in an account that pays compound interest is much better than keeping them in a checking account. Keep reading below to learn about compound interest, explained with examples.
Why do sales jobs have such a high staff turnover? What can you, as a sales leader, do to improve your team’s performance? One of the reasons for high staff turnover in sales roles is that sales representatives often lack training in the essential sales skills (e.g. making cold sales calls, closing techniques, etc.) Therefore, coaching your sales team is essential to generating optimum performance. In this article, we’ll take a look at some tips and techniques for both training a sales team generally and coaching them in specific skills.
What is free-market capitalism? How are resources distributed in a free-market economy? Free-market capitalism is an economic system where factors of production are controlled by private entities (individuals and firms) with little to no government intervention. Firms charge the highest price consumers are willing to pay and workers earn the highest wages firms are willing to pay for their labor. In a free-market capitalist economy, firms are motivated to operate as efficiently as possible to keep their market share. In this article, we’ll discuss the ideology of free-market capitalism and what happens when it’s realized in practice.