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Link Roundup

Link Roundup #34: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. Experience Doesn’t Predict a New Hire’s Success – Harvard Business Review

Say whatttttt. But doesn’t the whole job hiring process center around experience??

So if not experience, what does predict new hire’s success in their new role? The professor recommends ‘focusing on the knowledge, skills, and traits directly rather than using experience or even education as a proxy.’

However, there are certain scenarios where experience matters, like task-based performance (like driving or operating machines).

Read the article to know more about this fascinating study.

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Link Roundup #33: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. This Is What People Think of You When You Wear Headphones at Work (According to an 800 Person Study) – Inc

Do you wear headphones at work? I did. I never really thought of how others would think of me (I just wanna get work done okay), but apparently here’s the breakdown of this study’s responses:

  • Want to be left alone — 27 percent
  • Focused — 22 percent
  • Busy — 17 percent
  • Love music/music quality — 16 percent
  • Rude/Pretentious — 9 percent

This sentence made me laugh: “Interestingly, the perception of being pretentious tripled when co-workers were wearing in-ear headphones (like AirPods)”.

If you still get interrupted for wearing headphones, or can’t for whatever reason, then click on the article to find other ways to minimise disctractions at work.

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Link Roundup #32: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. Entrepreneurs don’t have a special gene for risk—they come from families with money – Quartz

You know what’s the best predictor of success? Being born by wealthy parents.

Usually, when I post things like this, some joker will be like, ‘yeah but not all. Look at [rich and successful person from modest backgrounds]’

Yes, true, but those are exceptions to the rule.

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Link Roundup #31: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. How to Sell Absolutely Anything to Absolutely Anybody, According to Scientists and Sales Gurus – Inc

The ‘the single most essential insight culled from over 15 years of interviews with over 100 experts with thousands of years of cumulative experience’ boils down to:

  1. Create trust
  2. Link what you’re selling to the customer’s desires
  3. Ask for a decision

How you put these three steps into action varies according to industry and medium and so many other factors, but there you go.

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Link Roundup #30: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. 20 Professional Skills You Can Learn for $30 or Less – Entrepreneur

What can’t you learn online? Seriously, what an amazing world we live in.

You already know that, of course. But the sheer number of options available can also be crippling sometimes. I certainly get my fair share of analysis paralysis whenever I want to decide what to learn next.

If you’re feeling professionally stagnant, check out this article for 20 new skill ideas. It ranges from digital marketing, communications, technical, investing and more.

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Link Roundup #29: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. The Radical Plan to Save the Planet by Working Less – Vice

This is my first time being exposed to the degrowth movement, and while I’m still learning more about it, I have to say… I like it. For far too long, we as a society have measured ‘success’ by how well we’re doing financially and economically, rather than our happiness and well-being.

And it *is* true that the planet can’t sustain our current lifestyle and consumption.

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Link Roundup #28: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. The Real Reason Why You’re Bad With Money – VICE

…could be that you’re too, well, nice. According to the article,

“Those with ‘a higher degree of the personality trait known as agreeableness, meaning they are more likely to be altruistic, kind, and trustworthy than the rest of us make great friends, but they’re also more likely to be bad with money.”

If a good friend of yours has this personality trait, please look out for them. Their personality literally makes it hard for them to avoid helping others, even if it causes their financial ruin. These are the ones who co-signs a bad loan, lends people money (and never asks or gets it back), and quick to offer to pay for lunches and drinks.

If that describes who you are, don’t change. The world needs kind souls like you. But do learn how to say no, and practice it regularly. If saying ‘no’ is hard, repeat the phrase “Let me think about it” over and over to the requester.

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Link Roundup #27: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. 9 things no one tells you when you’re starting a business – The Ladders

It’s a bit oversimplified, but serves as a nice checklist of things you probably don’t know when you’re starting a business, especially if you’re jumping from salaried life to self-employment life.

The 9 things are:

  1. Begin with revenue. Your ideas are great, but how will it bring in the money?
  2. Protect your IP. Things get stolen all the time.
  3. Market yourself. Not just your products and services.
  4. Know your ‘why’. The reason for it all.
  5. Understand yourself so you can make great hires. Hire people who are good at what you’re not good at. Take the DISC personality test.
  6.  You are NOT the boss. The customers are the boss (but that doesn’t mean you can’t fire them.)
  7. Build a structure and find balance. Find a routine that works and won’t burn you out.
  8. Build a tax savings account and emergency savings. Practical
  9. Embrace change and challenges. You’ll be putting your problem-solving skills to the test.

Any of you want to add on to this list? Add them in the comments section.

Related: 11 things I learned about self-employment in Malaysia

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Link Roundup #26: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. 6 things you must organize to be healthy, wealthy, and happy – The Ladders

Sometimes I’m not sure if I’m a ‘go with the flow’ type of person, or an organised person. I guess I’m a little bit of both, like most people.

On a scale between 1-10, how well-organised are your environment, money, relationships, health/fitness, spiritual life and time? Answering that is like doing a regular checkup, a self-assessment.

If you’re giving yourself a low score, the checklist in the article is pretty helpful to get you back on the right track.

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Link Roundup #25: 10 Things to Know This Week

Accelerate your personal finance knowledge with this regular feature on Ringgit Oh Ringgit – the Link Roundup! I promise you’ll find these 10 links informational 🙂

1. Super-Productive People Do 3 Things That Others Don’t, According to This MIT Productivity Test – Inc

Anyone else obsessed with finding productivity tips and hacks? I know I am. I’m fascinated by both (a) the habits of the super-productive (click the link to read about it) and (b) the productivity test itself, taken by almost 20,000 people. You can take it yourself here.

Pozen Productivity Test is a 21-question survey based on seven habits of productivity:

  • developing daily routines
  • planning your schedule
  • coping with messages
  • getting a lot done
  • running effective meetings
  • honing communication skills
  • and delegating tasks to others

I took the test, and scored 65 out of 105. To be fair, many of the questions are not applicable to me (I don’t work in a team most of the time, and neither attend regular meetings nor delegate work to subordinates). But it definitely gave me some pointers on areas to improve.

What’s your score?

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