4 Ways to Prevent the ‘Tragedy of the Commons’

Tragedy of the Commons - Michael MamasEntrepreneur.com just published one of my latest articles. It begins:

The tragedy of the commons is an economic theory which outlines the problems with people sharing communal property versus private ownership. An example of communal property is when employees don’t feel any ownership in the furniture, fixtures or building grounds, so they don’t report problems when they occur. Whereas, in private ownership, any asset is checked and taken care of to avoid expensive repairs.

The tragedy of the commons is a principle that can devastate your business if you’re not careful…

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“4 Ways Your Business Can Prevent the ‘Tragedy of the Commons'”

The Most Important Thirty Minutes in Your Day

Most Important 30 Minutes in Your Day - Michael MamasI just published a new article on LinkedIn. It begins:

“Andre Agassi once got some bad publicity for saying, ‘Image is everything.’ In the business world, while image is not everything, it certainly counts for a lot. And, a big part of image is self-image. Interestingly, the state of one’s physical body is one determinant of self-image. Not only how well your body functions, but also how comfortable you feel in your body. One way to achieve that balance in your body is through exercise. It’s been said that if you could put the benefits of exercise into a pill, it would be the most prescribed medication on the planet. The benefits are without limit: health, self-image, clarity of mind, stress release, psychological well-being, etc…”

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“The Most Important Thirty Minutes in Your Business Day”

Bringing About a New Economic Reality Demands Vigilance and Hard Work

Economic Reality - Michael MamasEntrepreneur.com just published one of my articles. It begins:

How could things have gotten so out of hand? Was someone — everyone — asleep at the wheel? What were we thinking? Of course, innumerable factors led to the state of our economy today. Let’s take a quick look at a few and explore where it all might lead us…

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“Bringing About a New Economic Reality Demands Vigilance and Hard Work”

Say What You Mean and Avoid These Pitfalls

Say What You Mean - Michael MamasI just published a new article on LinkedIn. It begins:

Donald Trump said that for a time he wanted to ban all Muslims. The uproar he elicited was overwhelming. The next day, he said he had many friends who were Muslim and he wasn’t going to ban them. That left us wondering “What is the truth and what will he really do?” His broad stroke, rough generalizations continue to create problems for him. This and other poor communication habits are good to be aware of to minimize alienating others. The art of smooth communication can be the difference between success and failure in business…

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“Say What You Mean and Avoid These Pitfalls”

For Real Knowledge, Look Deeper than Facts

Facts Aren't Knowledge - Michael MamasEntrepreneur.com just published one of my recent articles. It begins:

“In the movie The Paper Chase, a Harvard law student boasted to professor Kingsfield about his photographic memory. Kingsfield told him that his photographic memory would not help him.

“Why? Because facts are only information. Our ability to put facts together is what makes us a person of knowledge. It is knowledge of a subject that enables us to deal with it effectively. To run your business successfully, you need to have knowledge of whatever your business is. But what are the components of knowledge, and what are its obstacles? Where do we look to find true knowledge, and how do we go about developing it for ourselves?”…

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“For Real Knowledge of Your Business Look Deeper Than Facts”

7 Tips for Handling Hostility Wisely

Handling Hostility - Michael MamasEntrepreneur.com just published one of my latest articles. It begins:

“It’s amazing how poorly people can behave, especially when it comes to money. Passions run high and manifest through their speech. You would think when something is so important that people would behave wisely, but the opposite tends to be true. Money stirs issues of being not important, which stirs emotions, which stirs vicious speech. When working in the business world, you would do well to learn how to wisely and effectively respond to mean behavior…”

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“7 Tips for Handling Hostility Wisely”