Blog - page 37

Diminishing Returns Law - Basics, Stages, and Effect on Your Life

Darryl Bachmeier May 22, 2019 Success

Diminishing returns law is something you can be very familiar with or something you have no idea even exist. Usually, people who are studying or have studied economics are familiar with the term. An interesting fact is that this law applies to businesses and also to life. We will explain it and give you a complete insight into the diminishing return law. What is diminishing returns law? Diminishing returns law is mostly present in economics, but can be seen in life as well. It means that the results won’t advance equally as the effort you invest. With better results, you need to invest more energy into the same process. A more complex definition states that if you increase just one factor (let’s say input) while all other factors remain the same, your result will start to decrease. The best example is when losing weight. You may know that losing 30...

Goals Or Systems – What Is The Right Approach To Life?

Darryl Bachmeier May 21, 2019 Goals

Most people feel that the best way to succeed in life is to set goals. It’s like deciding your destination so that you do not go astray. People set goals to live better and focus all their motivation towards it. Satisfaction comes only when we reach the goal. But should you aim to set goals in life or adopt a system? Which is the better approach to life to be successful? Goals Approach and Systems Approach There are two philosophies people follow in life regarding their aims. Recently, people show a preference for the systems-approach more than the goal-setting approach. In simple words: Goal setting approach- it is about setting goals in life and working towards it. For instance, I have to study 10 hours every day. Systems approach- it is about changing the way of life to inculcate a better habit to succeed. For instance, I must study thoroughly...

Fear of Missing Out - What is it And How To Overcome It?

Darryl Bachmeier May 20, 2019 Mind

Fear of mission out is a common issue these days that affects many people across the world. It can be a severe problem and it is something you need to work on to solve it and make sure it doesn’t affect your life. Luckily for you, we are going to help you with that and we are going to help you from the beginning. It is an appealing topic you definitely need to read. What is Fear of Missing Out? Fear of missing out is known as FOMO and it was studied since 1996. Dr. Dan Herman developed the term and started the research. In general, FOMO can be defined in two ways. The first one is that a person may believe that others have a much better life. Secondly, it means that a person is missing something in life that has huge importance while others are having it. This...

Don’t Waste Time Tips - Have a Happier Life

Darryl Bachmeier May 19, 2019 Productivity

One day has 24 hours or 1440 minutes. We all get the same time to use on the things we must and on the things we like. The situation is the same regardless of the fact are you a businessman or a college student. The goal here is to use all that time (every single day) properly and don’t waste it. Here are a few tips that will make this possible and therefore have a positive effect on your life. You will be a happier person and your productivity will be improved. Do not spend hours on your smartphone Over 4.66 billion people are active internet users. This is 59% of the world population. Yes, you are one of them. Using the web for shopping, reading and similar things is perfectly fine. But, spending 10 hours per day playing games or surfing social media is the recipe to waste the...

Dealing with Common Cognitive Biases

Darryl Bachmeier May 18, 2019 Mind

Do you often find yourself stuck between the devil and the deep blue sea when dealing with people around you? Do you stereotype people’s behavior based on just one characteristic they possess? If the answer to the above questions is true, then you have reached the right place to read. Defining Cognitive Biases Cognitive biases are all about perception or thinking pattern which make one see the world in a manner which is not true. We all see things differently and are determined by our perception, past experiences, social factors, or other circumstances that impact our decision making capability and allow us to see things in a manner not necessarily real or true. Every individual is indeed irrational, which makes him/her uniquely interpret things. In literature, the list of cognitive biases is pretty long, however, there are some of the most common biases which one needs to address and work...

Stop Blaming Others

Darryl Bachmeier May 17, 2019 Social

Don’t get too guilty when you find yourself looking for a way to throw blames at others when you fail. The average human is more comfortable with throwing around blames instead of taking responsibility for whatever predicament they find themselves in. Even if you may not want to admit it, but you have blamed the people in your life more times than you know. Most times, the blame game is played as a defense mechanism to protect ourselves from further guilt and cope with the problems we have brought to ourselves. Initially, playing the blame game may feel liberating, but in the long run it does more harm than good. In playing the blame game, you are prone to losing your originality and the true essence of what makes you a functional human being. It takes away the ability for you to push forward and live your best life at...

Answer These Questions Before You Choose Your Battles

Darryl Bachmeier May 16, 2019 Social

Some battles, problems of causes are worthy of investing all you can and even more. Others are not. A wise person is able to make a clear difference between the two before he or she starts acting. You need to choose your battles in the same matter. Why this is essential? You won’t lose time, energy, and end up stressed. These are very good reasons in today’s world. Now, we will present you with questions you need to answer before you consider fighting for something. Is that battle worth it? The most common problem in this case scenario is choosing a battle that either isn’t very important or isn’t your battle in the first place. If you are dragged into a battle that belongs to another person, you will end up as a loser or an irrelevant winner. The best example can be when you stick up for a colleague...

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