Category: Behavioural Economics

Behavioural Economics, Change Management, Communication, Effectiveness, Entrepreneurship, Leadership Development, Marketing, psychology

Crushing it By Gary Vaynerchuk

BigIdeasGrowingMinds

As a dedicated Youtuber and Non-fiction book fan, it was almost a given that I, at some point, had to come across Gary Vaynerchuk!! See Gary is a dedicated serial entrepreneur, 5 times New York Times bestselling author, and generally considered one of the leading global minds on what’s next in culture, relevance, and the internet.

This week I read and summarised his inspiring book ‘Crushing It!’.  The book has the subtitle ‘How Great Entrepreneurs Build Their Business and Influence’ and is, in its essence, a roadmap for building a powerful brand.

Through honest anecdotes and insightful observations, Vaynerchuk emphasizes that Anyone, including you, can build a personal brand on social media and exert enough influence to earn a good – and possibly fantastic – living doing what you love (No matter which industry you have chosen to play and compete in!)

According to Vaynerchuk, there are 8 qualities you need to build a thriving brand. They are as follows:

#1 Intent

# 2 Authenticity

#3 Passion

#4 Patience

#5 Speed

#6 Work

#7 Attention

#8 Content

We hope you will enjoy our animated summary of the book; you can watch it here:

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Behavioural Economics, Communication, Effectiveness, Entrepreneurship, Leadership Development

Money, Master the Game by Tony Robbins

BigIdeasGrowingMinds

This week I dived into the field of money, financial independence and early retirement. As part of my research, I stumbled upon the bestselling book ‘Money – Master the Game’ by motivational speaker and life coach Tony Robbins.

In its essence, the book is a roadmap to becoming ‘financially independence’; defined as ‘having enough income or wealth sufficient to pay one’s living expenses for the rest of one’s life without having to be employed or dependent on others’.

A crucial point in the book is that you don’t have to be an expert investor or a financial adviser to master your fiscal plans for the future. Anyone can master money matters, achieve economic well-being, and create their dream lifestyle. All you need is some fundamental knowledge and a strong desire!

The book has the subtitle ‘7 Simple Steps to Financial freedom’ We hope you will enjoy this animated summary, where we will walk you through the essential pieces of wisdom from each step.

If you decide to visit https://www.Youtube.com/BigIdeasGrowingMinds, remember to Subscribe to the channel, so you don’t miss out on future Big Ideas!! 

**And if you enjoy our videos, please consider supporting us on Patreon – Your support would not only mean the world to us but also allow us to continue making awesome FREE content for many years to come.

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Behavioural Economics, Communication, Effectiveness, Entrepreneurship, psychology

The Intelligent Investor By Benjamin Graham

BigIdeasGrowingMinds

This week I read the Intelligent Investor by Benjamin Graham! First published in 1949, the book is a widely acclaimed classic on value investing. Packed with actionable instructions and sound advice It teaches the reader how to successfully use value investing in the stock market. Historically, the book has been one of the most popular books on investing and Graham’s legacy remains.

A key point graham makes is that Investing well over the long term does not require incredible intelligence or profound insight. Instead, it requires two things:

  • A rational framework for decision making and,
  • The ability to prevent your emotions (and the emotions of others) from overriding your common sense and defined plans.

With these two things in place – combined with patience and discipline – investing successfully is possible for anyone!

Here are some other Things that Matter when investing intelligently.

  • Choice matter. A stock is not just a mere object you trade. It is a piece of ownership in a business. Make sure you understand both the business and the company before investing!
  • Price matters. The more you pay for a stock, the lower your return. Don’t fall into the trap of thinking you can buy anytime at any price and still make a profit!
  • Market conditions Matter. The market has constant mood swings. At times, it is over-optimistic, which makes stocks too expensive. At other times, it is pessimistic, which makes stocks cheap. The key is to buy from pessimists and sell to optimists.
  • A “margin of safety” matters — never invest more than you can afford to lose.

If you want to learn more, you can check out our animated summary of the book; you can watch it here:

If you decide to visit http://www.Youtube.com/BigIdeasGrowingMinds, remember to Subscribe to the channel, so you don’t miss out on future Big Ideas!! 

**And if you enjoy our videos, please consider supporting us on Patreon – Your support would not only mean the world to us but also allow us to continue making awesome FREE content for many years to come.

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Take care and see you soon.

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Behavioural Economics, Communication, Entrepreneurship, Personal Development, psychology

‘The Psychology of Money’ by Morgan Housel

BigIdeasGrowingMinds

This week I read ‘The Psychology of Money’ by Morgan Housel! It’s a splendid and inspiring book that really got me thinking!! The book has the subtitle ‘Timeless Lessons on Wealth, Greed, and Happiness’ and is, in its essence, a guide on how to make better decisions when it comes to life, money, and investing. 

The book challenges the assumption that financial success depends solely on education, intelligence, and rational thinking and presents an alternate hypothesis: The key to financial success lies in understanding human behavior. Throughout the book, Housel demonstrates how to make better financial decisions by comprehending how emotions and beliefs influence us.

As always, I can only recommend reading the book but should you find yourself short on time you can start by checking out our animated summary of the book by clicking the link below: 

If you decide to visit http://www.Youtube.com/BigIdeasGrowingMinds, remember to Subscribe to the channel, so you don’t miss out on future Big Ideas!! 

**And if you enjoy our videos, please consider supporting us on Patreon – Your support would not only mean the world to us but also allow us to continue making awesome FREE content for many years to come.

Click here to learn more: www.Patreon.com/BigIdeasGrowingMinds

Take care and see you soon.

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Behavioural Economics, Change Management, Communication, Entrepreneurship, Leadership Development, psychology

Pitch Anything By Oren Klaff

BigIdeasGrowingMinds

Every time I read a new business book, I feel inspired and motivated.

Inspired; because I am learning new things and am broadening my horizon. And motivated because I immediately want to go out and apply my new learnings.

Unfortunately, my current working life does not always leave room for me to practice my new skills. This week I, for instance, read ‘Pitch anything’ by Oren Klaff and immediately wanted to go out and apply his – super cool – method for pitching business proposals. But since I spend most of my time creating videos on my sofa and don’t need billion-dollar investments for my company I don’t really have a chance to practice….

What I do instead is that I try to convert what I have learned and use it in my personal life instead. Not sure my husband and two teenagers always appreciate this approach, but I do believe it makes me a better mother and wife, nonetheless.

Anyways – Pitch anything is a very cool book, and I can only recommend reading it – both if you are actually pitching billion dollars deals to investors or if you, like me, end up using his Pitch-approach on more down-to-earth situations.

And should you find yourself short on time, why don’t you start by checking out my animated summary of the book on my YT channel. You can find it here:

If you decide to visit www.Youtube.com/BigIdeasGrowingMinds, remember to Subscribe to the channel, so you don’t miss out on future Big Ideas!! 

**And if you enjoy our videos, please consider supporting us on Patreon – Your support would not only mean the world to us but also allow us to continue making awesome FREE content for many years to come.

Become a Patron!

Take care and see you soon.

#Bigideasgrowingminds #becomeabetteryou #KnowledgeBouillonCubes #OrenKlaff #PitchAnything #HowToMakeThePerfectPitch#BigIdeas #GrowingMinds #Learning #Leadership #Leadershipdevelopment #Development #Selfdevelopment #communication #booksummary #meaning #Selfreflection #Inspiration #PersonalDevelopment #Leadershipqualities #LeadershipSkills #Selfimprovement #becomeabetterleader