There’s an old saying that good news travels fast but bad news travels faster. In this age, the speed of communications really doesn’t matter–it’s the quality of communications.
When someone reaches out to you with truly great news or horrible news, take a moment to plan your reply. How can you make your response quick and [...]

Here’s an interesting observation. When your friends know that you have an area of interest, they pay attention to that topic for you. In some ways, your social network becomes a virtual “clipping service” . . . or better yet a human-edited version of Google Alerts.
I love it when people send me relevant articles. I [...]

Recently, I talked about converting financial capital (money) into other forms of capital:

Physical capital–your stuff and assets
Human capital–education and experience
Social capital–your ability to locate and mobilize resources within your network

However, you can convert between any of the four forms of capital.

Want to transfer human capital into money? Get a job.
Want to turn physical capital into [...]

Yesterday, I wrote that Social Capital can be compared to a bank account: you must make investments before you can make withdrawals. You can get “overdrawn” on social capital.
Let’s continue the metaphor of the bank account, and push it a little further. When you have a checking and savings account, you can make balance transfers. [...]