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  • How to learn any skills faster in six steps

    How to learn any skills faster in six steps


    Practice makes perfect when it comes to skills.

    G. I. Joe Fallacy: the idea that knowing is half the battle. It needs to be retired not just from our theories of how the mind works, but also from our practices of trying to shape minds to work better.

    Laurie Santos and Tamar Gendler

    As a consequence, if you want to achieve an objective, lectures alone will not suffice. You want to be more prepared. Lectures can only help you learn more. It will not provide you with the tools you need to improve your job performance.

    Set (realistic) goals!

    Your objectives should be SMART (Specific, Measurable, Achievable, Relevant and Time-bound).

    You can also use the WOOP technique (wish, result, challenge, plan) to set goals and achieve them more quickly.

    In his book Originals, Wharton Organizational Psychology Professor Adam Grant suggests that the greatest input comes from fellow creators, not from the audience or managers.

    We could all rely more on peer feedback and do a better job saying, “When I’ve got a new idea, I’m not necessarily going to trust my own judgment. But I’m not always going to trust … middle managers who tend to be the most risk-averse and most conservative. I’m going to go to people who are fellow creators.”

    Adam Grant

    Deliberate practice to learn any skill faster!

    Regular practice may be mindless repetitions, whereas deliberate practice requires focused attention and is done with the explicit goal of increasing performance.

    Benjamin Franklin’s father chastised him for his poor writing skills when he was a teenager. Franklin made a pledge to himself to improve his prose. He began by reading works by some of the most popular authors of the time. He then rewrote each essay in his own words before comparing it to the original.

    World-class violinists only train for 90 minutes a day, but those 90 minutes are spent focusing on areas where they are weak or need to develop. They don’t practice what is easy for them. It’s pointless to do so. Deliberate practice, on the other hand, forces one to step outside of their comfort zone. You’re still focusing on what you need to work on, and once you’ve accomplished it, you move on to more challenging skills. It’s like turning your life into a game.

    Choose the mindset required!

    Carol Dweck coined the terms “fixed mentality” and “development mindset” to describe people’s beliefs about learning and intellect. Students who believe they can boost their intellect understand that perseverance pays off. As a result, they put forward more effort and commitment, resulting in increased results.

    We can change someone’s perspective from fixed to development, according to studies. They become more inspired and do more as we do so. The study of brain plasticity has shown how neuronal communication changes over time. With practice, neural networks form new associations and strengthen old ones.

  • What Stock Market Basics Do You Need To Know?

    What Stock Market Basics Do You Need To Know?


    To succeed in the business of stocks, learning the stock market basics of the trade is essential. The stock market is a complicated game and knowledge is power when it comes to financial freedom.

    The decisions you make can yield unlimited earnings or completely break your budget. While there is some level of gambling involved in the stock market, an educated trader will ultimately achieve success.

    Prior to risking your hard-earned cash on the stock market, you need to recognize certain vital factors when deciding which company to invest in.

    Consider these stock market basics to learn more about the company you want to buy into:

    Check Out A Company’s Revenue

    What is the actual amount of money the company makes? This total amount is referred to as revenue. While young companies in their early stages of development may not have much revenue to offer, other companies who have been in the market for a long time may use their revenues to cover costs and losses.

    A Company’s Earnings Make A Difference

    How much money does the company make? This amount of money is called a company’s earnings. Beside revenues, earnings may be used to cover expenses. Earnings are the extra money taken in by a company. Because investors investigate the earnings made by a company they want to purchase stocks on, the companies with large earnings have a distinct advantage in the stock market.

    A Company In Debt Is A Bad Sign

    How much money does the company owe? Debt is the money owed by a company, which can be represented in many different ways. When a company is in debt, the money they have will be used to pay up the debit. It is risky to purchase stock from companies in debt because the company is unstable which could result in them declaring bankruptcy.

    A Company Should Own Property

    What does the company own? The assets owned by a company, including business, money and stocks, are referred to as property. When you are aware of a company’s assets, you can better ascertain their position in the industry. When companies have significant properties under their ownership, it is safer to trust their background. Often people will immediately buy stocks from companies holding a major amount of assets because they are more secure.

    A Company Should Show Financial Responsibility

    How much does the company have to pay out and what are their total financial obligations? Each company has different financial obligations. When a company has few financial obligations, they are in less danger of getting into debt. Examine the liabilities versus the assets of a company to determine their financial responsibility. A company should have higher assets than financial obligations.

    Gambling your money on a company you know nothing about is an unsafe and unwise decision. By simply reviewing the company’s background, you have all the stock market basics right at your fingertips.

    To make sure your money is in the right hands, do your research about the companies you want to invest in.