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Ed Bagley's Articles in Business

  • Why Benjamin Franklin Was So Awesome
    Almost everyone who has graduated from high school knows that Benjamin Franklin was a famous American. Most folks can also come up with one of Benjamin Franklin's famous sayings (A stitch in time saves nine). Few of us, however, know that Franklin was America's best scientist, inventor, writer, business strategist and diplomat of his time. Benjamin Franklin was indeed awesome, and now we find out how he became was so awesome.
  • USPS: It Reminds You of the Army, and its Call to Hurry Up and Wait
    Why aren't those postal lines moving faster? If you thought it was because the front counter people at your post office are slow and inefficient, think again. Usually in the battle between men and machines, it is the man that slows down the machine; in the case of the USPS front counter processing software, it is the machine that is slowing down the man, not to mention annoying customers and aggravating postal employees.
  • Who Earns the Most Based on Their Educational Level
    Colleges and universities are fond of reminding anyone who will listen that there is great value in earning a bachelor's degree. Results from the 2004 Census Bureau report shows a $23,000 difference between the average annual salary of adults with a bachelor's degree ($51,554) compared to adults with a high school diploma ($28,645). Find out the Top 12 Paying Jobs Overall in the nation today.
  • There Is No Huge Correlation Between Education and Income and Here Is Why - Part 1
    A client e-mailed me yesterday about her student loan debts that netted her 3 college degrees and a job without a commensurate income and future. I had to break the news to her that there is no real correlation between education and income, and that not all degrees are equal. How can a person with a high school degree earn a six-figure income without any degree? Learn how it happens in this first installment of a two-part article.
  • American Consumers Are Short on Discipline When it Comes to Parting With Their Income
    Like a 4-year-old child at the checkout counter in a supermarket, American consumers want just one more impulse buy to make their buying day complete, and apparently the more expensive it is, the better. All of this impulse buying is detailed in a recent USA Today article with this headline: "Spending is hotter than the 4th of July". And indeed it apparently is, but is this good cash management?
  • If You Are Looking for Leeches, Skip the Pond, Go to Your Credit Card Company
    Two seemingly unrelated stories caught my attention yesterday. One was about corporations stockpiling cash and the other was about consumer savings rates, which moved into negative territory for the first time according to the U. S. Commerce Department. Credit card companies have no legal limits on what they can charge for interest and fees.
  • How to Make an Incredible Impression During Your Most Vulnerable Moment
    When you start a new job, even if it is a part-time job, you can be thrust into a needy situation that could cause harm to your psyche and confidence. This real life story tells you how you can make an incredible impression during your most vulnerable moment. There is a real lesson to be learned in surviving in the work-a-day jungle of everyday life.
  • 2 Things We Cannot Teach Employees: Judgment and Personality Development
    We can teach people a lot of things, but there are two things we cannot teach people, potential hires or employees—judgment and personality development. We acquire judgment by making judgments, but unfortunately, some people have better judgment than others. Personality development cannot be taught because it is not driven by professional development but rather by personal growth. Learn why it matters.
  • Female Executives Who Are Too Bold and Too Aggressive Do Not Rise as Fast
    Female executives who are bold and aggressive do not rise up the corporate ladder as quickly as you may think. Female executives who use a self-confident but much softer, indirect approach do not highlight or reinforce any pre-conceived notions that they might be too bold, too aggressive or too judgmental for a higher position. Learn why it matters in dealing with male executives.
  • Too Many Overpaid CEOs Are Really Smooth Operators Who Produce Little
    When you understand that the average CEO in America makes 400 times what the average worker makes, you could get upset. When you have an environment where chief executive officers of companies can rack up a pitiful financial performance and still continue to rake in millions of compensation for being essentially incompetent, it is even more upsetting. What are we to do?

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