87 STASHED IDEAS
The chess board, made up of 64 squares, has a middle area that if a chess player dominates using forward thinking and strategic skills, he can restrict the opponents moves, and control the maximum pieces in the game.
Similarly business leaders can limit the options of their competition by asserting leverage or control over certain resources, prices or land. Several big players of the oil industry have deployed this chess strategy to gain unfair advantages.
Ingvar Kamprad solved the problem of shipping large furniture when he disassembled a coffee table so it could be packed flat. From then on, as many products as possible were packed this way.
By 1955, Kamprad's manufacturers were boycotting IKEA due to its low prices. He addressed the issue by designing and producing in-house.
Mortgage lenders usually use FICO scores to determine one's ability to pay them back. Since the three credit bureau scores are different, some banks look at all of them to get an average, or tri-merge, score.
Two common factors in determining your creditworthiness are timely payments and credit utilization. Other factors like credit history, types of accounts, and recent hard inquiries are used to varying degrees. It means that the score you see may be different to the score a lender use.
Stoicism is a life-survival strategy, a way to protect one’s sanity while facing the ups and downs of life. It helps us focus on what we can control and to let go of the stuff we cannot control.
While not many are aware of this, stoicism embraces money and wealth, and advises a person to make money with honesty, dignity and trustworthiness.
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