Work-Life Strategies & Solutions

On the Evolution of Work Systems in the Digital Economy

How to Sell on Amazon [Infographic]

Submitted by Jake Rheude, Director of Marketing at Red Stag Fulfillment

Making extra money online and escaping the nine to five grind often becomes possible when you set up a stream of passive income to supplement your regular income. A great way to do this is to sell products on Amazon.

While it can seem daunting at first, it’s best to remember that the people who sell you products on Amazon are largely normal folks. Anyone can sell on Amazon. All they have to do is choose the right product, set up a profile, and find a fulfillment provider.

Red Stag Fulfillment put together a complete guide to selling on Amazon, but for those who are looking for an overview of the process, this is a good place to start.

Getting Set Up on Amazon – First Steps

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My answer to a Quora question: How do I prepare my long term plan if I want to become a psychologist, philosopher, writer, motivational speaker, music composer, and audio engineer?

Recently, I received a request to answer the question, “How do I prepare my long term plan if I want to become a psychologist, philosopher, writer, motivational speaker, music composer, and audio engineer?” on Quora. Since I haven’t blogged on the topic of aspiring to professionally “wear many hats,”I thought I’d share my consideration of the issues this brings up as it is generally easier to rise through the ranks by specializing in one area. Here’s my answer: Read more of this post

Special Feature: Top 10 Advantages and Disadvantages of Working from Home by Michelle Kiss

Early this year I mentioned that I won’t be authoring any more posts about working remotely myself. I still welcome content submissions on this topic however. That said, the following content on advantages and disadvantages of working from home was submitted by Arabella Ignacio from Clicktime.com. I believe the author made wonderful points and agree with the takeaway message to know yourself. In Top 10 Advantages and Disadvantages of Working from Home, Michelle Kiss writes:

Let’s be real, no matter where you’re working from, you’re still doing just that: working.

So, should you work from home or work from the office? It honestly comes down to what environment you’ll be most effective in. (And how nice your home office is.)

One person’s productivity booster can be another’s distracting disaster.

With that said, let’s take a look at some of the classic benefits that working from home!

Read more at Top 10 Advantages and Disadvantages of Working from Home

How to Become a Self-Publisher [Infographic]

Are you interested in self-publishing? Recently, this visually stunning infographic came to my attention. And it provides a lot of useful information, addressing issues such as challenges to overcome as well as benefits and key aspects of self-publishing. According to Moneypod:

Self-publishing is becoming an increasingly popular method for budding authors to get their publications noticed, especially if their writings have been rejected by publishers in the past. However, it can be a tough start to your career and can take time to perfect.

If you’re an aspiring author, take a look and see if the following information helps with your planning.

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Considerations for Raising Your Own Private Equity Fund

Submitted by Michelle Young at Toptal

Authored by Martin Kemeny, Finance Expert for Toptal

Edited by Lynn Patra

Executive Summary

Raising a private equity fund is a natural progression for ambitious investment managers.
The strategy and operations of a fund should be thoroughly planned in advance.
Be well aware in advance of the securities laws that must be adhered to.

There’s a time in many investment managers’ careers when the next logical step is starting a private investment fund on their own. Either the manager has been working for others as an employee and now wants to go solo, has been investing their own money and wants to raise outside capital, or has been investing with others’ capital on a one-off basis and wants to scale. Whatever the reason, in many cases, the right answer is to set up a fund. A fund can stabilize an investment business and help the manager grow assets under management and create a valuable investment platform.

Whether co-mingled or from a single investor, a fund has many distinct advantages over one-off capital raising: Read more of this post

4 Investment Strategies to Grow Wealth [Infographic]

Investing and retirement are important topics some of us, myself included, don’t think about enough. Hunting down an informative infographic was a fun way to focus my attention on this for a time. I hope the following infographic will be helpful to some of you as well.

Have a look and let me know your thoughts. Do you have anything to add to this? Read more of this post

My Views and Values, Told Through Famous Quotes

For a time I maintained this blog the way I thought any professional (e.g., dentist, accountant, etc.) would by keeping the content restricted to my trade and professional interests. Along the way, however, I woke up about something I’d been blissfully unaware of before (thanks partly to the fact that my own cultural subgroup still doesn’t practice this). I discovered that other people (perhaps the majority) in modern western cultures, for example in the U.S., deliberately try to ensure that new friends and businesses they frequent match their values in much the same way they match their socks. If this comparison sounds strange, it’s because this whole social practice of introducing your values to new acquaintances to see if both parties agree on them is alien to me.

I won’t perpetuate this practice within my own inner circle because we’re all fine with not knowing each other’s political values. There are so many other topics to connect on! However, I’m broadcasting this for the sake of voluntary association decisions where they concern me because I’ve observed a general decline in tolerance towards those holding different values (as people often eventually find out if you match them or not), which makes working together difficult for those who’re wildly different. Borrowing from my Quora answer, What are the wisest quotes you’ve ever heard or read? by Lynn Patra, I wrote:

I can’t imagine these quotes will appeal to everyone but, then again, few things have universal appeal. For me, personally, the following quotes contribute some counter-cultural wisdom relevant to the times and the dominant mindset in my region.

On geniuses and experts:

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A More Pleasant Breakdown of the Gender “Pay Gap” [Infographic]

Many have viewed, or heard of, that viral “car crash” of an interview between the now very famous Canadian clinical psychologist Jordan B. Peterson and Cathy Newman, English journalist and presenter for Channel 4 News. If you haven’t viewed it however, here it is:

Without delving into the entire back-and-forth, like Peterson, I too mentioned the different, naturally occurring rate in which the personality trait agreeableness/disagreeableness appears between men and women, collectively, as one factor contributing to the alleged pay gap. (See this Wiki article on agreeableness for more detailed explanation.) This section of What do you think about the recent Jordan Peterson interview? by Lynn Patra clarifies that this is a proportional, rather than an absolute, difference of a tendency between men and women:

When talking about personality differences between men and women collectively, [Cathy Newman] also displayed a frustratingly common misunderstanding that these are absolute differences instead of differences in proportion (i.e., the frequency) of an observed trait or tendency.

If I’d been in Peterson’s place, I think I would’ve slowed wayyy down and tried to illustrate what proportional differences between groups look like, for example (and this is a hypothetical example because I don’t know if a consensus exists with regard to the specific proportions of agreeableness/disagreeableness between groups – where A = agreeable and D = disagreeable):

Men: D, D, D, D, D, A, A, A, A, A

Women: D, D, D, A, A, A, A, A, A, A

For awhile, it seemed like Peterson and Newman were going around in circles about this. And I know a person doesn’t get it when I hear, “But women aren’t all the same!” or “But there are some women who aren’t like that!” as Newman expressed.

Of course, the “pay gap” results from a complex mixture of numerous factors. This interview inspired me to find an infographic that displays the multi-faceted reasons for the “pay gap.”  Some may find the following infographic, which was first published in 2016, to be provocative but it’s one of the better ones I could find. It certainly gives you plenty to chew on.

Via TopManagementDegrees.com

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My Review & Passages from Steve Siebold’s “How Rich People Think”

Recently, I finished How Rich People Think by Steve Siebold and wish to share its high points. In doing so, I’ll share what this book meant to me as well as passages I enjoyed. By the way, it’s not challenging to read at all, which means it’s quite accessible to young people who can benefit from thinking about money and financial independence.

In a review, I wrote:

Siebold delightfully summarizes every preemptive money-shaming, crab mentality-inspired verbal exhortation (e.g., “Money is evil!”, “Nobody should be a millionaire!”) ever uttered by those with an unhealthy, inappropriate interest in what another’s attitude about, or relationship with, money might be. This has been especially problematic in today’s preachy, politically charged times. If there were one value that’s long overdue for a comeback in modern U.S. culture, it’s the value of minding one’s own business. But oh well. I’ve sifted every person who imposed the slightest money shame or crab mentality-inspired drivel out of my life. I appreciate this book for providing a look back at these folks and describing the basic psychological underpinnings behind this insanity.

Siebold’s observations about society: Read more of this post

15 Networking Tips for the Introverted [Infographic]

Submitted by Drew Page at Siege Media

Edited by Lynn Patra

Attending a networking event as an introvert can be a very stressful experience. If you find yourself relegated to the corner and in a constant cycle of small talk that leaves you feeling physically exhausted, you are probably not looking forward to your next event. Here are some actionable steps that can be taken to enhance your networking experiences.

The first step in mastering the networking game as an introvert is to mentally prepare. Building a memory bank of questions and talking points is a great way to set yourself up for success. Taking time to research the potential guest list is another great idea.  Who knows, you might already know someone who is planning to go. Read more of this post

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