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“ Success is a process, a quality of mind and way of being, an outgoing affirmation of life ” - Alex Noble, artist & entrepreneur L ike you, I’ve read plenty of articles, posts and books on time management, most based on the personal experiences of the author.  Not to demean what these people teach, I decided to find what scientific research has to say about this too vexing problem. I found a recent review of current research on time management written by two Ph. D. researchers, Temesgen Belayneh Zerihun, Asst. Professor, Department of Marketing, and S. Murali Krishna, Professor, Department of Management, both of the College of Business and Economics at Mekelle University in Ethiopia.  They reviewed the entirety of scientific literature on time management of the past decades, and distilled all if this into seven simple principles of time management that were common to the reams of research reports they studied. Their conclusions : Understand that we cannot do everything in...

I f you've considered starting a business but haven't because you've told yourself, "I'm just not smart enough," here is a study that concludes: It doesn't take a rocket scientist to accumulate wealth.   In fact, the study concludes that people of average IQ are just as likely to be rich as a person with a high IQ.  To go further, the study discovered that people of below average intelligence were, overall, just about as wealthy as those in similar circumstances but with higher scores on an IQ test. There are two things you can take from this study: You don't have to be smart or a genius to become rich People of high intelligence are just as likely to make poor financial decisions and get themselves into money trouble, even bankruptcy. Suggested reading Click on image “Your IQ has really no relationship to your wealth. And being very smart does not protect you from getting into financial difficulty,” say J. Zagorsky, a research scientist at Ohio State ...

The corner of Dyckman Street and Broadway in Manhattan’s Inwood neighborhood before and after the arrival of Starbucks R unning a business is about getting the best return you can on your invested time and money.  Okay, sure, there are life-style businesses that attract entrepreneurs for reasons other than making money, but even then it's smart to keep an eye on return on investment. "Relatively low-priced houses sometimes appreciates more quickly than those in expensive neighborhoods." I think most of us are well aware of the recent "gentrification" of older, shabbier neighborhoods that suddenly, seemingly overnight, become magnets to investment and a higher-income population.  According to research published last year from the University of Chicago Booth School of Business, run-down urban neighborhoods generally offer the best return on investment for real estate investors - which implies that the same neighborhoods should be considered for locating a business...

T his research confirms something anyone in retail already knows: Snobby, rude sales people are better at selling luxury items.  Who'd a thunk?  But, really, it's reassuring when a scientifically vetted study confirms what we already know. So it's true.  At least when it comes to luxury brands, the ruder the sales staff the better the sales. The study reveals that consumers who get the brush-off at a high-end retailer can become more willing to purchase and wear pricey togs. Hire effete snobs in your high-end shop Suggested reading Click on image "It appears that snobbiness might actually be a qualification worth considering for luxury brands like Louis Vuitton or Gucci," says one marketing professor. "Our research indicates they can end up having a similar effect to an 'in-group' in high school that others aspire to join." For the study, participants imagined or had interactions with sales representatives -- rude or not. They then rated their fe...