Answer honestly, which side of the bar looks darker? If your answer was the right side of the bar, well you’d be wrong. The entire bar is of the same shade in reality. So, what fooled your brain? We generally think very high of the human brain, but in reality, its just a mushy and… Continue Reading →
Common sense suggests that slashing prices of your goods i.e. giving discount can drive more footfall, and hence increase the sales. Well, obviously this isn’t wrong. However, what would happen if you double the prices ? (obviously keeping it a secret and not endorsing it publicly) Well, you would expect lower sales of your product,… Continue Reading →
The above graph represents the Prospect Theory, which was given by Daniel Kahneman and Amos Tversky in 1979. This theory suggests that the relation between Loss and Gain when compared to Utility is not a linear curve, but instead a slightly weirder ‘S’ curve. So, the basic idea behind this theory was to explain how losses asymmetrically have… Continue Reading →
Everyday something new Every day is a challenge to do Getting bored is a thing of the past Oh, But for how long will the fun last? Who’d knew learning would be so fun Hand in hand with my friends, I run. It’s been a while now, Guess the fun didn’t last long, Stuck in… Continue Reading →
In one of my previous articles , I talked about “The Six thinking Hats” which was proposed by Edward de Bono. Similarly, in this article, I’ll be talking about “The Six Value Medals”, which was another theory originally given by Edward De Bono. Much like the six hats, each of these six medals provide an… Continue Reading →
Has it ever happened to you that whilst in the bathroom, you had this amazing idea, almost like a “Eureka!” moment, where in you thought of something new, or just figured out a solution to something troubling you? Just by guessing, I can say that it has happened to almost everyone out there. When such… Continue Reading →
Imagine you are an aspiring writer, who dreams of writing a successful book one day. In this scenario, you are setting goals for your future, that is writing a book. I mean, setting a goal is the first step to success,right? Wrong. The first step to success is setting up a system. Or as Scott… Continue Reading →
It’s a common fear. The fear of being irrelevant is feeling as if you are no longer useful or important in any kind of relationship. Whether it be you friend circle, job life, life partner,etc, there is that one stage where , ‘it just stops being fun’. It is especially scary for those who are… Continue Reading →
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