How to Get Lucky in Business According to Science

Have you ever wondered why some people seem to have all the luck in businesses and others can’t seem to catch a break? Scientific studies have shown that so-called lucky people are just like you and me except that they have a few different habits. They are more open to opportunities, maintain a positive outlook, try different things and listen to their gut. The great thing is that these habits can…

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How to Become the Best Business in the World

A 100-watt lightbulb can brighten up a living room while a 100-watt laser can cut through solid steel. The only difference is focus. Trying to be the best at everything is the fastest way to fail at everything. We want to be everything to everyone because we are scared. If we don't do everything then we are going to miss out on some great opportunity. You don't need to compete with…

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The Simple Formula to Increase Profits

Customers are only willing to pay based on the value they get from your product. There are two primary sources of value. One is the raw material and the other is the value you add. Now your selling price can't exceed the value that clients receive. That creates this simple formula. The raw material doesn't mean something you dig up out of the ground like iron ore. It's the cost of…

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