The Online Investing AI Blog

If you’re seeking financial independence, the hurdles that lie in front of you seem insurmountable, especially in these unsure economic times.

You need the job. You need the income. You need the benefits.

You may know this implicitly, but you’re not the only one.

The management of most companies (not all) know that in order to keep your nose to the grindstone and the sweat pouring off your brow. How do they do this?

Your boss is probably routinely reinforcing a series of myths that is aimed at capturing your attention and your loyalty. And, with that, they intend on squeezing every last drop of passion and innovation out of you to make up for their own lack of intelligence and initiative.

Here are the five leading myths your boss desperately wants you to believe.

Read more…

Business Strategy, Money, Online Investing AI, Success, US Economy company, corporate, financial independence, myths, wealthy, work

No, really.

A recent study indicates there are three times as many psychopaths in corporate leadership positions than there are in real life.

According to an article in the Investors Business Daily, psychologists Paul Babiak and Robert Hare report that many of the same traits of psychopaths are common among chief executives. Those traits include a lack of empathy and an absence of guilt.

Does it sound like someone you know? Someone that signs your checks, maybe?

Babiak said, “In our group, 3.5 percent had sufficient psychopathic personality traits that they reached the cut-off for psychopathy.”

In the total population, that number is 1 percent.

There are several reasons that these personality types are attracted to positions of power.

• They gravitate toward positions of power.
• They will not let ethics hinder performance, which tends to produce short-term gains and long-term messes. (See Bernie Maddoff and AIG.)
• They lie. This ability to fabricate makes it easier for them to move up the corporate ladder, rather than pay their dues like the rest of their co-workers.

Another trait of CE-psych-Os is they hide behind a group of enablers and sycophants, further cluttering up the organization.

This study inadvertently points out something else. If you work for yourself, or build residual streams of income so you are no longer dependent on the corporate world, you increases your odds of avoiding psychopaths.

And decrease your odds of working with idiots, too.

Business Strategy, Money, Online Investing AI, Success CEO, corporate, corporation, job, jobs, leader, leadership, self-employment