Setting up a small business is very easy. You bring together the capital, labour, stocks and the space to carrying on the business. This is not enough to make your business a success
Intuition in Judgement and Decision Making In many decisions that you take everyday you do not go consciously through steps of searching, weighing evidence, and inferring a conclusion before you act. Instead, you rely on instant responses, what you call as "gut feelings".
Delayed Gratification - The Quality of Self Discipline
If we are given a choice between receiving $1,000 right now or $4,000 ten years from now, which would we pick? Most of us would pick up $1000. It is human tendency to consume immediately.