In 1898, Dr. Edward Thorndike formulated a principle that would become known as Thorndike’s Law of Effect. Thorndike asserted that actions that result in a satisfying (rewarding) outcome are likely to ...

Failure is inevitable as an entrepreneur, so it’s important to develop a healthy attitude about it. Here are four lessons you can learn from failing.

Once a liar always a liar? Have you ever noticed that there are some similarities between your and the personality of your parents? Is someone’s personality set in stone or we can evolve into someone ...

Kim Perell, an entrepreneur and author of “Mistakes That Made Me a Millionaire,” joins TODAY to talk about how you can do more than learn from your mistakes — you can profit from them by turning them ...

Stacey, the chief executive of a nonprofit focused on energy efficiency, wanted to bolster her leadership team by creating a chief operating officer position. Her first two hires to fill the role were ...

As an accounting firm owner, professor, athletic coach and parent, I spend a great deal of time with young people. Do they drive me crazy at times? You bet! But unlike many boomers among my peers, I ...

When Google unveiled the first Pixel Fold last year, I was shocked that it was actually a halfway decent product, but it still had some fundamental flaws too. Now, Google is following up on that ...

Year 2026 is fast approaching! And it’s high time to look back and reflect on how your business performed this 2025. How was ...

We all sometimes make poor investment decisions. But do we learn from our mistakes? Why then do we continually fall prey to a financial scam? Or invest in products that lure us with high returns ...