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Before Microsoft: The Upbringing of Bill Gates
“It's fine to celebrate success but it is more important to heed the lessons of failure,” says Bill Gates. Failure is something Gates would see little of during his lifetime.

The Youngsters Behind YouTube: The Early Years of Chad Hurley and Steve Chen
“Everybody aspires to be a star,” says Steve Chen, a Taiwanese immigrant who came to the U.S. with his family in the hopes for a better life. Chen’s aspirations became a reality when he, along with Pennsylvania-born Chad Hurley created what is today the world’s largest online video website. YouTube, having been launched no more than two years ago has now become a global sensation, propelling both Hurley and Chen to the top of Business 2.0’s list of “The 50 People Who Matter Now.” YouTube was also named TIME magazine’s 2006 “Invention of the Year.” When Hurley and Chen decided to sell their company, they did so for a hefty price tag of $1.65 billion.

Paying Kids to Study (An Early Business Lesson)
In a pilot program in metro Atlanta called “Learn and Earn,” several schools are paying kids to study.

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Nature vs Nurture
Thedrum beat continues over the remarks Lawrence H. Summers, president of Harvard University, made at a conference in January. Simply put, he questioned women’s aptitude for science and math compared to that of men’s. In fairness, he also spoke aboutdiscrimination and thedifferences in socialization of the sexes but it is his question of aptitude that keeps the subject alive anddebated.

Lesson #5: Don’t Chase the Quick Buck, Think Long-Term
“You can do the math 15 different ways, and every time the math tells you that you shouldn’t lower prices because you’re going to make less money” says Bezos with a giant laugh. “That’s undoubtedly true in the current quarter, in the current year. But it’s probably not true over a 10-year period, when the benefit is going to increase the frequency with which your customers shop with you, the fraction of their purchases they do with you as opposed to other places. Their overall satisfaction is going to go up.”

Science Daily Week: Which is more effective: bonuses or raises?
I recently learned about Science Daily. It is a treasure chest of interesting studies that has implications on business practices. I’ve collected so much material from it that this is going to be “Science Daily Week” in my blog.

Over Achievers on the Sales Force - We Have it All Wrong
Believe it or not, our six-year-old son is an over achiever. He has spelling tests each week and his teacher gives the class bonus words for extra points. He loves the bonus words and extra points so much that he has duplicated the process on his math tests. The teacher gives the class 20 math questions each week but (right now they are working on problems like 7 + 4) no bonus questions on the math. Our son takes it upon himself to add 4 bonus questions (he includes bonus questions like 800 +600) because he feels he can do more. This begs the question, how do you measure your over achievers?

Making Your Own Math Quiz Is So Easy
The first yet powerful desktop flash math quiz maker - QuizCreator lets educators and students enter texts, symbols and equations for math flash quiz in minutes. You could easily create Flash quizzes with images, sounds, and narrations.

How the Mind Works: Understanding Your Mental Software
The complexities of the mind have left thinkers, scholars and philosophers baffled for a millennia. For the past two hundred years the field of psychology has sought to understand why we are the way we are but reviled little as to how the mind works. The latest advances in psychology, cognitive science and neuro science have lead to new models and a whole new science of mind has emerged. We now know more than ever before about how the mind works. And when you know how the mind works, changing it becomes easy.

Self-Coaching Tip: Move Your Body, Change Your Thoughts
For a large part of my life, my Inner Critic often stopped me from learning or doing something new by saying, "I'm not smart enough to learn this." And then, it reminded me of all the subjects in school that I struggled with like math and science

The Science of Selling - Rules versus Data
Regular readers know that I like to talk about the science of selling. I don't mean the science of the sales process, strategy and tactics, as much as the science of research, data and proof. There is a science to selling but a more appropriate name for it would be the rules of selling. In Baseball, the rules dictate what you do, when you do it and how it should be done. In Selling, the rules accomplish the same thing.

Marketing - Art or Science?
Is marketing an art or a science? The answer is yes. Marketing is both - an art and a science. Enjoy this point and counter point about the art and science of marketing. Use the strengths of both arguments to better understand and improve your marketing.

Formula for Success!
Albert Einstein had a formula for success. Can you believe that? One of the greatest minds of all time developed a math formula for success! I suggest you read this carefully -- this may be the most important math equation that you will ever see.

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