Tip Sheet

Why You Shouldn’t Say ‘Yes’ Too Quickly, and Other Tips for the New Year

SECURITYBeware Six-Finger Discounts

This is a little out there but points to where the future of crime might be headed: Be suspicious of browsers with an extra prosthetic finger. According to a post on X (Twitter), it may be a shoplifter looking to mess with videotape evidence, as an image showing six fingers could be claimed to have been digitally enhanced and would therefore be inadmissible in court.

MARKETINGBusinessperson Bump

Don’t underestimate the post-December selling season, notes Robert Borneman, owner of Diamond Jewelers in Centereach, NY. “There are lots of opportunities for people who shop this time of year. Many businesspeople drop big bucks after their busy season when they finally have time to shop.” Get on the phone!

STRATEGYBrainstorm Naturally

It’s a new year, time to come up with some big ideas. The key is not to force yourself, says OpenAI boss Sam Altman in his playbook for founders. Instead, he recommends getting into the habit of noticing problems (faced by your customers) and following what interests you. “At some point, ideas will naturally emerge,” he says, adding that you should be aim for simplicity in your ventures. “Complex ideas are almost always a sign of a made-up problem.”

Advertisement

TIME MANAGEMENTDon’t Say “Yes” Quickly

Daniel Kahneman, the Nobel Prize-winning psychologist, has a rule where he never says yes to anything immediately. According to the Brain Food Newsletter, people-pleasing had him making too many commitments, so now he says something to the effect of: “Thanks for the invite. I don’t say yes to anything on the spot, but I’ll let you know if I’m interested.” Turning the choice into a rule lowers the pain of rejection for others and makes the decision easy for you as well.

HEALTHGo Out in the Cold

To be sure, there’s nothing quite as nice as that first spring morning to inspire you to get and enjoy the glory of the outdoors — or even just a walk around the block. But, according to recent studies, there are benefits to be had from heading outdoors even when it’s not so balmy. A brisk walk in the cold, it turns out, is akin to taking a bracing cold shower that raises alertness and stimulates thinking, according to INC magazine.

PLANNINGPay Now, Enjoy Later

To get the most out of yourself in 2024, you need breaks. And to get the most out of your breaks, book them way in advance, like right now! You’ll enjoy it more because of the distance between the pain of paying and the actual experience of the holiday, and you won’t spend all your time thinking, “Am I getting my money’s worth?” Make it all-inclusive, and it will just be a great, relaxing break, says behavioral economist Dan Ariely in his latest book, DOLLARS AND SENSE.

Advertisement

INVENTORYParty Like It’s 2024

“Physical inventory” and “party” are two words that don’t always go together. But they do at Purrrfect Bark, a pet shop in Columbus, NC. Owner Laura Backus told our sister magazine PETS+: “We do physical inventory on January 1st with lots of food and drinks, music and laughs. Everyone participates, and we get it knocked out in a day.”

OPERATIONSRun Better Meetings

One of the best ways to improve meetings is to get everyone on the same page, literally. Before your scheduled get-together, write up a Google Doc (or even an email will do) for participants to read. According to syndicated columnist Marcel Schwantes, this sets the agenda, gets brains thinking about what is to be discussed and “creates a sort of ‘team’ feeling among co-workers that allows you to get to critical thinking faster.“

INSTORE Staff

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at editor@instoremag.com.

Recent Posts

Instappraise Releases Game Changing Trifold Appraisal Format to the Jewelry and Watch Industries

Enhancing the accessibility of jewelry and watch appraisals, Instappraise introduces a new trifold design for…

15 hours ago

CITIZEN Celebrates 100th Anniversary of First Watch with new LAYERS of TIME Collection

Introducing LAYERS of TIME: five limited-edition models with geological-inspired dials, all powered by CITIZEN’s Eco-Drive…

16 hours ago

The INSTORE Show 2024 Announces Cram Day Featuring GIA Overview of Laboratory-Grown Diamonds

Seating will be limited to 50 attendees per session, with just two sessions taking place.

18 hours ago

Price Cuts Becoming More Prevalent: Report

Despite ongoing inflation, some retailers offering deals to get shoppers in the doors.

18 hours ago

Shop!’s Global Development Director Weighs In on Retail Marketing Trends

Leo van de Polder discusses retail trends and hot topics in an interview with Dekkers…

18 hours ago

Rapaport Unveils Exclusive Breakfast Event at JCK 2024 in Las Vegas

Join Rapaport for an exclusive breakfast and explore industry insights with Martin Rapaport and special…

19 hours ago

This website uses cookies.