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How to Turn Your Fears into Fuel

May 3, 2021 By Nagesh Belludi Leave a Comment


Self-doubt is an Important Motivator

It doesn’t matter how successful creative people actually achieve. Feeling inadequate is a common malady in showbiz.

Barbra Streisand avoided live performance for 27 years.

Adele has said, “I’m scared of audiences. My nerves don’t really settle until I’m off stage.” Her concerts mean so much that she fears letting her audience down.

Kate Winslet has admitted, “Sometimes I wake up in the morning before going off to a shoot, and I think, I can’t do this; I’m a fraud. They’re going to fire me—all these things. I’m fat; I’m ugly.”

Otis Skinner, one of the great 19th-century matinee idols, once told his daughter Cornelia “Any actor who claims he is immune to stage fright is either lying or else he’s no actor.”

These superstars are not alone. Michael Gambon, Meryl Streep, Kenneth Branagh, Richard Burton, Fredric March, Andrea Bocelli, Ewan McGregor, Steven Osborne, Derek Jacobi, Stephen Fry, Eileen Atkins, Maureen Stapleton, Ian Holm, Renee Fleming, Carly Simon, Marilyn Monroe, Ellen Terry, Rod Stewart, and Peter Eyre—even actor-trainers such as Lee Strasberg and Konstantin Stanislavsky—have suffered from varying degrees of stage fear.

Fear is a universal problem.

Give voice to your fear self-doubt & take action

Many icons suffer from stage fear, often from the weight of expectation that their reputations place upon them. They throw up, feel paralyzed, or break into cold sweats. Adele once got so unnerved that she escaped from the fire exit at an Amsterdam concert venue.

Consider actor Laurence Olivier, who suffered stage fright even in his sixties when he was the world’s most revered stage performer. Even at the pinnacle of his fame, the National Theatre’s stage manager had to prod Olivier onstage every night.

Laurence Olivier suffered five years of agonizing dread following a press night in 1964, when he found his voice diminishing and the audience “beginning to go giddily round.” He developed strategies. When delivering his Othello soliloquies, he asked his Iago to stay in sight, fearing, “I might not be able to stay there in front of the audience by myself.” He asked actors not to look him in the eye: “For some reason, this made me feel that there was not quite so much loaded against me.” The venerable Sybil Thorndike gave him trenchant counsel: “Take drugs, darling, we do.”

As a sidebar, when Olivier made his stage debut playing Brutus at a choir school in London, Thorndike was in the audience. After seeing Olivier on stage for just five minutes, she turned to her husband. She declared, “But this is an actor—absolutely an actor. Born to it.”

Focus on what needs to be done & break the shell of fear and self-doubt

Some of our most admired icons experienced self-doubt—even Abraham Lincoln and Mahatma Gandhi. What distinguishes most successful people is that they engage their fear. They accept that diffidence and adrenalin rush are something that they must deal with.

Interestingly enough, it’s often the mature performer, not the novice, who’s most likely to succumb to a seizure of nerves. However, superstars know in their heart of hearts that fear of inadequacy isn’t shameful. It’s normal. It’s part of the profession. It’s human.

Successful people know how to turn anxiety into energy. They take steps to minimize adverse effects. Through action, they transform their fear into vitality. Fear becomes fuel. They refuse to let their fears get in the way of their goals and success. They overcome fear through the love of the work and channel the sense of the audience’s or constituency’s expectation and goodwill into their best performance.

Idea for Impact: Don’t Fear it, Embrace it.

It’s natural to feel apprehensive when embarking on any venture. Don’t drown in a sea of self-doubt.

Overconfidence can take the edge off the feeling that you need to work hard. It’s ironic that high self-confidence, so often advised as the cure for low achievement, can cause it.

Fear invites you to work harder on your methods, strategies, and skills. It’s undoubtedly more preferable than the alternative. High self-esteem and overconfidence can lead to complacency and no growth. As Nobel laureate Kazuo Ishiguro reminds in The Remains of the Day (1989,) “If you are under the impression you have already perfected yourself, you will never rise to the heights you are no doubt capable of.”

Focus on turning your fears into positive motivators to improve your work. Action transforms anxiety into energy. The “angels” want you to succeed.

Wondering what to read next?

  1. What Are You So Afraid Of? // Summary of Susan Jeffers’s ‘Feel the Fear and Do It Anyway’
  2. How to Face Your Fear and Move Forward
  3. Fear Isn’t the Enemy—Paralysis Is
  4. Resilience Through Rejection
  5. Nothing Like a Word of Encouragement to Provide a Lift

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Anxiety, Attitudes, Confidence, Fear, Mindfulness, Motivation, Parables, Personal Growth, Procrastination, Risk, Wisdom

How to Face Your Fear and Move Forward

April 23, 2021 By Nagesh Belludi Leave a Comment

The smartest people I know of are those who realize that fear can be immobilizing. They understand that being so afraid of failing at something can push them to decide not to try it at all.

Consider American billionaire Philip Anschutz’s meditations upon his induction to the Horatio Alger Association of Distinguished Americans, 2000:

I’ve had a lot of failures and made mistakes, and it’s important to know that none of these are irreversible in your life. You can fix them. Failure is part of the game. You’ve got to have them, and you should do things every day that scare you a little. You’ve got to take risks, and you’ve to make hard decisions—even when you yourself are in doubt. It’s not failure, but the fear of failure that stops most people.

Idea for Impact: Don’t let fear stop you from moving forward.

Fear of failure has a way of undermining your own efforts to avoid the possibility of a larger failure. But when you allow fear to hinder your forward progress in life, you’re destined to miss some great opportunities along the way.

One of the most powerful ways of reducing the fear of failing is to analyze all potential outcomes, have a contingency plan, and start small. Be open to constantly revising your understanding, changing your mind, and cutting your losses. Be open to reconsidering a problem you think you’ve already solved.

Wondering what to read next?

  1. What Are You So Afraid Of? // Summary of Susan Jeffers’s ‘Feel the Fear and Do It Anyway’
  2. How to Turn Your Fears into Fuel
  3. Resilience Through Rejection
  4. Fear Isn’t the Enemy—Paralysis Is
  5. What You Most Fear Doing is What You Most Need to Do

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Anxiety, Attitudes, Discipline, Fear, Learning, Personal Growth, Procrastination, Risk

Ask for Forgiveness, Not Permission

April 20, 2021 By Nagesh Belludi Leave a Comment

A long time ago, I heard the managerial maxim, “you will move as fast as you can make decisions.” Amen to that.

That complements the mantra “’tis better to seek forgiveness than to ask permission”—that’s the oft-repeated rallying cry of entrepreneurial thinking.

You need to know when you shouldn’t—and can’t—wait for someone else’s approval to do the things you need to do to succeed. Every time you ask for buy-in, approval, or agreement, you’ll slow yourself down.

Depending on what’s at stake, you’ve got to know when moving forward does need consent. As with everything, you want to know your manager, team, partner, or spouse, how they operate, and their expectations for the group effort. If something’s an important-enough decision with high stakes, they’ll want to be in the loop.

Idea for Impact: Live speed. Where possible, don’t let dilly-dallying for permission endanger your decision-making success. It’s not about taking advantage of situations but about knowing when to push the boundaries. Where possible, aggressively move forward on your own and “get it done.”

Wondering what to read next?

  1. How to Mediate in a Dispute
  2. How Understanding Your Own Fears Makes You More Attuned to Those of Others
  3. Don’t Abruptly Walk Away from an Emotionally Charged Conflict
  4. Three Questions to Ensure Alignment
  5. How to … Communicate Better with Defensive People

Filed Under: Effective Communication, Managing People, Mental Models Tagged With: Change Management, Conflict, Conversations, Decision-Making, Getting Along, Procrastination, Social Skills, Teams, Thought Process

Why Your Judgment Sucks

April 5, 2021 By Nagesh Belludi Leave a Comment

Israeli-American psychologist Daniel Kahneman’s bestselling Thinking, Fast and Slow (2011) describes the finer points of decision-making. It’s an engaging showcase of the innate biases of the mind and unthinking approaches to decision-making.

Human Beings are Intuitive Thinkers

Kahneman is a behavioral economics pioneer and the winner of the 2002 Nobel Memorial Prize in Economic Sciences. His lifelong collaboration with Amos Tversky (1937—96) has molded humans’ thinking about human error, risk, judgment, decision-making, happiness, and more. Tversky died in 1996, so he did not share in the Nobel.

Thinking, Fast and Slow explores what Kahneman calls the “mind’s machinery” as two coexisting modes of thought (“fast and slow,” as the title says.) Kahneman splits the brain into two radically divergent ways, employing a two-tier model of cognition.

  • System One makes judgments instantly, intuitively, and automatically, as when a cricket batsman decides whether to cut or pull. A significant part of System One is “evolved heuristics” that lets us read a person’s expression in a microsecond from a block away, for example. And it can’t be switched off. System One’s thinking is fast and effortless. It often jumps to the wrong conclusions, relies on hunches and biases, and perhaps overconfident.
  • System Two is slower, conscious, calculated, and deliberate, like long division. Its operations require attention. System Two is what we think of as “thinking”—slow, tiring, and essential. It’s what makes us human. Even if System Two believes it is on top of things, System One makes many of our decisions.

System One Isn’t All Flawed

In a world that often necessitates swift judgment and rapid decision-making (e.g., fight or flight,) a person who solely relies on deliberative thinking (System Two) wouldn’t last long. Doctors and firefighters, for example, through training and repetition, develop what’s called “expert intuition” that helps them identify patterns and impulsively devise the right response to a complex emergency.

We as humans are not simple rational agents. Consequently, our thinking boils down to two “Systems” of thinking/processing. As we strive to make better decisions in our work and personal lives, it benefits us to slow down and use a more deliberate System 2 way of thinking. Learn to doubt your fast/quick way of thinking!

Human Intuition is Imperfect

Thinking, Fast and Slow is an eye-opener in various ways. It can be a frightening catalog of the biases, shortcuts, and cognitive illusions that come to err our judgment—the endowment effect, priming, halo effect, anchoring effect, conjugation fallacy, the narrative fallacy, and the rest. Such mental processes are not intrinsically flawed; they are heuristics—rules of thumb, stereotypes, shortcuts. They are strategies the mind embraces to find a path in a tsunami of data.

Kahneman teaches how to recognize situations that require slower, deliberative thinking. Kahneman asserts that the value of the book is to give people the vocabulary to spot biases and to criticize the decisions of others: “Ultimately, a richer language is essential to the skill of constructive criticism.”

Recommendation: Read Daniel Kahneman’s Thinking, Fast and Slow (2011.) As one of the most popular non-fiction books in the last decade, it’ll open your eyes to the quirky and error-prone ways in which you can be influenced in ways you don’t suspect.

The conceptions behind behavioral economics make Thinking, Fast and Slow a laborious read. Many chapters are bogged down by hair-splitting details of his rigorous scientific work and academic gobbledygook. It’s a commanding survey of this field, but it’s superbly written and intelligible to non-experts.

Complement with Rolf Dobelli’s accessible The Art of Thinking Clearly (2013.)

Wondering what to read next?

  1. The Unthinking Habits of Your Mind // Book Summary of David McRaney’s ‘You Are Not So Smart’
  2. The Data Never “Says”
  3. Question the Now, Imagine the Next
  4. Situational Blindness, Fatal Consequences: Lessons from American Airlines 5342
  5. The “Ashtray in the Sky” Mental Model: Idiot-Proofing by Design

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Biases, Critical Thinking, Decision-Making, Psychology, Thinking Tools, Thought Process

The Unthinking Habits of Your Mind // Book Summary of David McRaney’s ‘You Are Not So Smart’

April 1, 2021 By Nagesh Belludi Leave a Comment

Psychologists have argued that many cognitive biases are rooted in mental shortcuts. They are heuristics—rules of thumb, stereotypes, instincts—that help you make sense of the world. They aren’t intrinsically flawed, but, they’re often quirky and error-prone. Your mental models can affect you in ways that you don’t suspect.

David McRaney’s You Are Not So Smart (2011) suggests a brief—if hurried—tour of 48 cognitive biases that can deceive you. Based on the author’s popular blog, the book is a satisfying assessment of understanding people’s—and your own—behavior a little bit better.

There is a growing body of work coming out of psychology and cognitive science that says you have no clue why you act the way you do, choose the things you choose, or think the thoughts you think. … From the greatest scientist to the most humble artisan, every brain within every body is infested with preconceived notions and patterns of thought that lead it astray without the brain knowing it. So you are in good company.

Each chapter starts with a brief statement of a misconception followed by the fact. Then a synopsis of a related behavioral study shows how our brains produce the counterpart deception and the truth. Some of the less-known preconceptions discussed are,

  • Confabulation. You tend to create unreliable narratives to explain away your choices post hoc. These reassuring perceptions can make you think you’re more rational than you actually are.
  • Groupthink. People tend to fall in with the rest of the group to minimize conflict and foster group cohesiveness and social acceptance. No one wants to be the one person with a dissenting opinion.
  • Social Loafing. That others in a team will pick up your slack may induce you to put in less effort if you think you’ll get away with it. This can curb your own performance, even if you’re a conscientious, hardworking type. If you don’t feel your participation will be noticed, why bother putting in the effort?
  • Availability Heuristic. You’re likely to estimate the likelihood of an event based on your ability to recall immediate and easily accessed examples.
  • Fundamental Attribution Error. You tend to assign external reasons for your own behavior but internal motives to other people. For instance, if you’re late for a meeting, you’ll blame it on public transport. If someone else is running late for a meeting with you, you’ll blame it on her poor time-keeping.

Recommendation: Read David McRaney’s You Are Not So Smart. It’s an engaging, easy-to-read primer to how the mind works. Read it as a lead up to Daniel Kahneman’s bestselling dissertation Thinking, Fast and Slow (2011; summary forthcoming.)

Idea for Impact: Once you learn to spot the cognitive biases we all grapple with, they’re easier to overcome.

Wondering what to read next?

  1. Why Your Judgment Sucks
  2. Lessons from David Dao Incident: Watch Out for the Availability Bias!
  3. What if Something Can’t Be Measured
  4. The “Ashtray in the Sky” Mental Model: Idiot-Proofing by Design
  5. Accidents Can Happen When You Least Expect Them: The Overconfidence Effect

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Biases, Critical Thinking, Decision-Making, Psychology, Thinking Tools, Thought Process

This Hack Will Help You Think Opportunity Costs

March 29, 2021 By Nagesh Belludi Leave a Comment

Making decisions is all about opportunity costs. For instance, every time you spend money to get something, you should ask yourself what else, perhaps of better value, you could get with that money—now or later.

The problem is, when forced to choose between something immediate and concrete and something else that’s comparatively abstract and distant, the opportunity cost could lack clarity.

Duke University behavioral economist Dan Ariely proposes the notion of “anti-goals” to help examine the trade-offs you’re forced to make. Ariely encourages pairing goals such that if you satisfy one, you’ll impede the other. For example, when choosing to spend $100 on an evening out today, you can consider a tangible anti-goal—say, saving for the family’s summer vacation—that’ll be held back.

Idea for Impact: Thinking about what you want to avoid—the anti-goal—is a potent tool. It allows you to focus on things that really matter.

Wondering what to read next?

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  5. First Things First

Filed Under: MBA in a Nutshell, Mental Models, Sharpening Your Skills Tagged With: Balance, Decision-Making, Discipline, Goals, Negotiation, Problem Solving, Risk, Simple Living, Targets

Five Ways … You Could Avoid Being Wrong

March 20, 2021 By Nagesh Belludi Leave a Comment

  • Beware exaggeration of a kernel of truth. For instance: indeed, many of us don’t realize our full intellectual potential; but that doesn’t give credence to the notion that most people use only 10% of their brainpower. Besides, beware of overstatements of small differences. Sure, men and women tend to differ somewhat in their communication styles, but declaring that “men are from Mars” and “women are from Venus” is taking a kernel of reality to an extreme, not to mention coercing psychology into stereotypes.
  • Don’t infer causation from correlation. Don’t be tempted to conclude that if two things co-occur statistically, they must be causally related to each other. (Rabbi Harold Kushner once asserted that circumcision seems to increase men’s chances of winning a Nobel Prize.) Seek contending explanation.
  • Beware biased sampling and extrapolation. Inferences from a biased sample are not as trustworthy as conclusions from a truly random sample—e.g., don’t ask people coming out of Sunday Mass if they have a personal relationship with Jesus Christ and infer that Americans are turning to God. Don’t ascribe to the whole any attribute of the part.
  • Don’t let stress impair your problem-solving capabilities. As many airline disasters confirm (example, example, example,) speed can narrow your cognitive map—small errors can quickly become linked up and amplified into disastrous outcomes. When you feel rushed, you’re likely to miss details. You’re not present enough in the moment to notice what’s important and make the most beneficial choices.
  • Beware argumentum ad nauseam. Don’t confuse a statement’s familiarity (such as urban legends) with its accuracy. The fact that you’ve heard a claim repeated over and over again (think of President Trump’s allegations of widespread voter fraud,) sometimes with rearranged phrasing and substitute terms, doesn’t make it correct.

Bonus: Be suspicious of any claim that doesn’t come with counterarguments or disconfirming evidence.

Wondering what to read next?

  1. Be Smart by Not Being Stupid
  2. How to … Escape the Overthinking Trap
  3. The “Ashtray in the Sky” Mental Model: Idiot-Proofing by Design
  4. Accidents Can Happen When You Least Expect Them: The Overconfidence Effect
  5. If You’re Looking for Bad Luck, You’ll Soon Find It

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Biases, Critical Thinking, Decision-Making, Risk

Five Ways … You Could Stop Procrastinating

March 16, 2021 By Nagesh Belludi Leave a Comment

  1. Don’t rely on motivation. Motivation is fleeting—it comes and goes. While it is advantageous to be motivated, the folks who get things done are those who find a way to work at whatever they are interested in, even when they don’t really feel like doing it.
  2. Banish your inner perfectionist. Remember that many things in your life need not be done perfectly—they’re to be just done … taken to a little bit better shape than before at each baby step. Whatever you need to work on just needs to be an outline, first attempt, rough copy, version 0. It needn’t be perfect.
  3. Picture the future self when you’ve achieved your goals. Figure out the finish line you are aiming at. Visualize what “done” looks like—a sense of achievement? Fame? Getting your co-worker off your back?
  4. Confront your fears. Figure out the underlying cause for procrastination. If it’s fear or if you’re failing overwhelmed, challenge the worst-case scenario by asking yourself, “What’s the worst thing that could happen?” Perhaps you may discover that you’re procrastinating over something that isn’t that important.
  5. Trick yourself into getting started. Say, “I’m not really going to work on this now. I’ll just open the report and make some notes for two minutes.” Beginning a task builds momentum, and seemingly-difficult tasks tend to get easier once you get working on them.

Bonus: Stop trying too hard to overpower yourself into action. Sometimes, getting those other, less-important tasks done first could motivate you.

Wondering what to read next?

  1. How to Banish Your Inner Perfectionist
  2. Did School Turn You Into a Procrastinator?
  3. Separate the Job of Creating and Improving
  4. Why Doing a Terrible Job First Actually Works
  5. Do Things Fast

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Discipline, Getting Things Done, Lifehacks, Motivation, Perfectionism, Procrastination, Time Management

The Data Never “Says”

March 1, 2021 By Nagesh Belludi Leave a Comment

Data doesn’t say anything. Indeed, data can’t say anything for itself about an issue any more than a saw can form furniture, or a sauce can simmer a stew.

Data is inert and inanimate. Data doesn’t know why it was created. Data doesn’t have a mind of its own, and, therefore, it can’t infer anything.

Data is a necessary ingredient in judgment. It’s people who select and interpret data. People can turn it into insight or torture it to bring their agenda to bear. Data is therefore only as useful as its quality and the skills of the people wielding it.

Far more than we admit, subjectivity and intuition play a significant role in deciding how we collect, choose, process, explain, interpret, and apply the data. As entrepreneur Margaret Heffernan warns in Willful Blindness: Why We Ignore the Obvious at Our Peril (2012,) “We mostly admit the information that makes us feel great about ourselves, while conveniently filtering whatever unsettles our fragile egos and most vital beliefs.”

In the hands of careless users, data can end up having the opposite effect its creators intended. All data is good or bad depending on how it’s employed in a compelling story and what end it’s serving—neither of which the data itself can control.

  • Don’t let data drive your conclusions. Let data inform your conclusions.
  • Don’t declare, “The data says,” (as in, “the stock market thinks.”) Data by itself cannot have a particular interpretation.
  • When you find data that seems to support the case you wish to make, don’t swoop on it without caution and suspicion. Data can be very deceptive when used carelessly.
  • Be familiar with the limitations of your data. Investigate if your data informs any other equally valid hypothesis that could propose an alternative conclusion.

Idea for Impact: Beware of the risk of invoking data in ways that end up undermining your message.

Wondering what to read next?

  1. What if Something Can’t Be Measured
  2. Question the Now, Imagine the Next
  3. In Praise of Inner Voices: A Powerful Tool for Smarter Decisions
  4. Be Smart by Not Being Stupid
  5. Of Course Mask Mandates Didn’t ‘Work’—At Least Not for Definitive Proof

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Biases, Conversations, Conviction, Critical Thinking, Decision-Making, Persuasion, Problem Solving, Thinking Tools, Thought Process

How to Avoid Magical Thinking

February 22, 2021 By Nagesh Belludi Leave a Comment

Magical thinking remains a subtle impediment to making sound decisions. The more you examine yourself, the more you can reduce your tendency to indulge in it.

Discover the truth for yourself. Beware of the tendency to let others think for you. Don’t believe what your parents, teachers, counselors, mentors, priests, and authorities of all inclinations have taught you from an early age. (The best predictor of people’s spiritual beliefs is the religiosity of their parents.) Question others’ underlying premises and discover for yourself what’s reasonable. Force yourself to test for alternatives.

Don’t believe what you want to believe is true. Many people believe in UFOs and ghosts, even when there’s no credible verification for any visitation from outer space or dead souls haunting abandoned buildings. Often, misinformation is cunningly designed to evade careful analytical reasoning—it can easily slip under the radar of even the most well-informed people. Shun blind optimism.

Consciously identify your biases and adverse instincts. Psychologists have identified more than 100 cognitive biases that can get in the way of clear and rational thinking. Explore how those biases could come into play in your thinking. Try to determine their motive. Work to extricate yourself from them to the best of your ability.

Demand proof when the facts seem demonstrable. Remain intellectually agnostic toward what hasn’t been established scientifically or isn’t provable. If you can’t determine if something is true or it isn’t, suspend judgment. Beware of anecdotes—emotionally swaying stories in particular—they are the weakest form of evidence.

Don’t believe in something that isn’t true just because there’s a practical reason to. If you feel emotionally inclined to believe in something because it gives you hope, comfort, and the illusion of control, identify your belief as just that. Faith is often no more than an inclination that’s not withstood the tests of reason. The process of faith is an absence of doubt. There’ll always be people who reject evolution for reasons that have little to do with evolution. Don’t act with more confidence in unproven theories than is justifiable.

Idea for Impact: Be wary of the influences that can put you at risk for magical thinking.

Give critical thinking and systematic evidence the central role in how you understand the world. Improving the criteria you use to judge the truth of things is difficult—but it’s of the essence. Have an unvarying, well-balanced degree of skepticism about everything, especially your own postulations.

Wondering what to read next?

  1. Question Success More Than Failure
  2. In Praise of Inner Voices: A Powerful Tool for Smarter Decisions
  3. To Make an Effective Argument, Explain Your Opponent’s Perspective
  4. Imagine a Better Response
  5. Don’t Ignore the Counterevidence

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Critical Thinking, Introspection, Mindfulness, Persuasion, Questioning, Thinking Tools, Thought Process

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About: Nagesh Belludi [hire] is a St. Petersburg, Florida-based freethinker, investor, and leadership coach. He specializes in helping executives and companies ensure that the overall quality of their decision-making benefits isn’t compromised by a lack of a big-picture understanding.

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