Business

Rethinking Success: Beyond Clichés to Authentic Business Wisdom

Today, I was watching an interview with a successful businessman from the Middle East. One of the questions posed by the host was to summarize his path to success in a few words. After stuttering for a few seconds, he responded with the following: “Waking up early at 5:30 am and prioritizing your health will pave the way to becoming a successful businessman.” Really? Is that the cornerstone of success in business? Waking up early and hitting the gym? What about elements like ‘Networking’, ‘Connections’, ‘Strategic Planning’, ‘Innovative Ideas’, ‘Acquired Skills’, ‘Strategic Placement’, and ‘Opportune Timing’? What about individuals who …

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Twitter to X

It appears that Elon Musk’s journey to transform Twitter into an “Everything App” has been met with mixed market reactions after changing the platform name to X. Some observers have expressed confusion over why Twitter would rebrand to something that turns “Twitter Videos” into “X Videos,” otherwise known as XVideos, the popular porn site. However, others are excited about the change and the new experiences in audio, video, messaging, payments, banking – creating a global marketplace for ideas, goods, services, and opportunities. In my opinion, the challenge is not with expanding Twitter to an everything platform. The real challenge is …

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Musk’s Twitter Acquisition: A Business Blunder or a Brilliant Move?

As I follow the fate of Twitter after Elon Musk’s acquisition, I learn many valuable business lessons, not to mention the leadership aspect of it. We all know that Mr. Musk is a legend in many business domains, such as the spacecraft engineering company (SpaceX), and the electric car (Tesla), a concept that was invented by General Motors who produced the first electric car (EV1), and it killed by the republican’s administration in the 1990s to protect the oil and gas industry. However, I’m not sure what is going wrong with Musk in the social media industry? As I examine the details of his recent decisions, I am stunned and …

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Leadership in a Competitive Market

The modern business world faces many challenges, but finding the right leader is among the most crucial. A leader who can navigate the organization through a competitive and rapidly changing market is invaluable, but also incredibly difficult to find. A great leader is required to balance revenue generation, maintaining a positive company profit, embracing market changes without incurring internal costs, and keeping the best employees satisfied with competitive pay. To achieve these objectives, it’s crucial for the leader to understand the importance of a loyal and dedicated workforce. High employee turnover, due to the belief that employees are replaceable, can …

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The Power of Words

Let me start by sharing with you an experiment that was conducted by University of Waterloo in Canada in 1999, under the supervision of Psychologist name “Claude Steele”. Doctor “Steele” has documented the phenomenon known as (Stereotype Threat) due to fear of bias. Consider the persistent stereotype that female students are not as strong as males in math and science. In one study, women who were reminded of their gender before taking a math test scored lower than equally qualified men who took the same test. The researchers found that women’s performances suffered because they feared confirming negative female stereotypes. …

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