What is the Michael Jackson Theory of Feedback

Few months back listening to one of Noah Kagan’s podcast episode, (the one where he talks about his conversation with Jonathan Coon of WikiBuy.com) he mentions something called the Michael Jackson Theory of Feedback. No, this wasn’t a theory by Michael, instead is a theory based on Michael Jackson. I am paraphrasing the explanation about …

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How to Make yourself Irreplacable at your Work

colorful balls

In any business organization, there are two types of sub-units or teams.

  • Profit Centers
  • Cost Centers

Profit Center

Profit Center is the team/department which gets the company money and thereby profits. They bring in the dough/bacon. One of the common example of a profit center is the sales department. Unless you have sales, you wouldn’t have customers and thereby no money.

Cost Center

Everything other than a profit center is a Cost center. Any team or department of a company to which various types of direct and indirect costs are charged are cost centers. It could be the Production or service departments in a factory, operations team, IT department, etc.

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I challenged myself to talk to strangers everyday and learnt a lot about myself

lonely girl in crowd

It is the first of November, which means end of the October Challenge. As mentioned last month, I decided to have a conversation with a stranger every day of October. When I mentioned it to some of my friends, I received varied reactions. Some said it was interesting, some didn’t understand why I was doing it …

Read moreI challenged myself to talk to strangers everyday and learnt a lot about myself

You can’t break the ceiling by staying in the room

building with a glass ceiling

Few years back, I heard a quote which made me rethink about personal growth.

You are the average of the 5 people you hangout with.

It basically means, if all your friends, colleagues, etc., are all just like you, you will always be at the same level. If they are all earning the same amount of money, having similar ideas, read the same books, etc., you will be stuck there. And by staying at the same level, you are only losing out on all the opportunities in life.

Unless you hangout with someone above your level, you won’t know how life up there is like. Unless you have spent time with a millionaire, you won’t know what their life is like. If you are already a millionaire, spend time with other billionaires.

Read moreYou can’t break the ceiling by staying in the room

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I write about building products and starting up your own business.

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