What Marshmallows teach us about success at World Wide Success. I tried my own variation of this test on my 4-year-old today. I put 5 M&Ms in front of him and told him he could eat them right away, but if he waited five minutes I’d give him 5 more so he’d get 10 M&Ms. He waited and when I brought him the additional 5, he asked, “If I wait five more minutes will you bring me five more?”
A simple 5 point formula for success at the Politically Incorrect Blogger. It doesn’t get much easier than this.
This is simply an excellent financial blog I discovered this week written from a GEN X perspective.
The Unconventional Thinking Blog makes a post about Wal-Mart and makes some good points. I don’t have a problem with their low prices or employment model, the place just makes me feel sick so I’m never shopping there again. They treat their customers, suppliers, and employees like crap and it shows in the atmosphere of their stores. They are also the largest recipient of corporate welfare in the US. I have no problem when they cut taxes…as long as they cut them for all of us… not just Wal-Mart. Some of my free-market libertarian friends love Wal-Mart, but they fail to acknowledge what a government subsidized pig Wal-Mart is. When my wife and I open a retail store, the city makes us pay full tax rates. Property taxes are our single largest expense renting retail space. $12 a sq ft is dirt cheap in our area – $8 of which are taxes. Eliminating them would cut rental expense by two thirds, allowing many more small retailers into the marketplace. But if Wal-Mart did have to pay these oppressive tax rates, they wouldn’t beat all the mom and pops (who do pay these taxes) on price.
An excellent math resource for autodidacts or home schoolers.
Calvin and Hobbes on Entrepreneurship.
All these psychotropic drugs they prescribe for kids nowadays scares me. I’m going to do everything I can to keep my kids away from shrinks.
Seth Godin answers my question about dips at The Personal MBA. Thanks Seth! Thanks Josh!