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https://srikavimoney.blogspot.com/2024/06/smart-moves-to-master-market-highs.html WHAT TO DO IN THESE SOARING MARKETS? SHOULD YOU BOOK PROFITS? Get all the answers and much more

Top 6 learnings from Nir Eyal's book *"Hooked":* *1) The Hook Model:* This is the core concept of the book. It outlines a 4-step cycle that drives habit formation: *a) Trigger:* An internal or external cue that prompts the user to seek the product. *b) Action:* The user performs the desired behavior, facilitated by the product's design. *c) Variable Reward:* The user receives a reward that can be unpredictable, keeping them engaged and coming back for more. Investment: The user invests time, data, or effort into the product, making them more likely to continue using it. *2) Habits are Good for Business:* Habit-forming products create loyal users who are more valuable in the long run. They tend to have higher customer lifetime value (CLTV) and are less likely to churn. *3) Understanding Triggers is Key:* Successful companies identify the internal and external triggers that motivate users to seek their product. This allows them to design experiences that address those needs effectively. *4) The Power of Heuristics:* Humans rely on mental shortcuts (heuristics) to make decisions quickly. Eyal discusses how companies can leverage these heuristics, like the scarcity principle (feeling of missing out) or framing (presenting information in a specific way), to influence user behavior. *5) Gamification*: The book explores how incorporating game-like elements, like points, badges, and leaderboards, can create a sense of achievement and keep users engaged. *6) The Manipulation Matrix:* Eyal proposes a framework to differentiate between ethical and manipulative practices in product design. "Facilitators" help users achieve their goals, while "Peddlers" exploit psychological vulnerabilities to keep users hooked.

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https://srikavimoney.blogspot.com/2024/05/reaching-realistic-guide-to-crorepati.html THE POWER OF TOP UP SIP CAN MAKE YOU CROREPATI!

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8 Must Read Money Books For Aspiring Millionaires 1. THE RICHEST MAN IN BABYLON by George S. Clason 2. RICH DAD POOR DAD by Robert Kiyosaki 3. THE MILLIONAIRE FASTLANE by M.J. Demarco 4. THINK AND GROW RICH by Napoleon Hill 5. 10X RULE by Grant Cardone 6. LINCHPIN: ARE YOU INDISPENSABLE by Seth Godin 7. ZERO TO ONE By Peter Theil 8. THE OBSTACLE IS THE WAY by Ryan Holiday 📱Join 🔣 Share 

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10 Lessons from book "Words That Hurt, Words That Heal" by Joseph Telushkin provides insightful lessons on the power of language and its impact on relationships and society. 1. The Power of Words: Words have the power to build or destroy. Telushkin emphasizes that the words we choose can either uplift others or cause significant harm, and we must be mindful of this power. 2. Avoiding Lashon Hara (Evil Speech): Speaking negatively about others, even if true, is harmful and considered a serious ethical breach. The book highlights the importance of refraining from gossip and slander. 3. The Impact of Criticism: Constructive criticism can be valuable, but it should be delivered with care and sensitivity. Harsh or thoughtless criticism can damage relationships and self-esteem. 4. The Importance of Compliments: Genuine compliments can boost morale and strengthen relationships. Telushkin encourages the practice of giving sincere and thoughtful praise. 5. Listening Skills: Being a good listener is as important as being a good speaker. Listening shows respect and understanding, fostering deeper connections and trust. 6. Apologizing and Forgiveness: When words cause harm, apologizing sincerely is crucial. Similarly, forgiving others can heal wounds and restore relationships. 7. Mindful Speech: Think before you speak. Telushkin advises considering the potential impact of our words on others before expressing them. 8. Public Discourse: The book addresses the need for civility and respect in public discourse. Even in disagreements, maintaining respect and avoiding personal attacks is essential. 9. Teaching Children: Instilling the values of kind and respectful speech in children is vital. They learn from adults, so modeling positive behavior is key. 10. Healing Words: Words can heal emotional wounds. Offering comfort, support, and encouragement through words can have a profound positive effect on others. These lessons from "Words That Hurt, Words That Heal" underscore the ethical responsibility we have in our communication and the profound impact our words can have on those around us.