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Will You Make a Million? Facts

Our negotiation expert tells our host Jake Porway how to best negotiate when buying a car.

Our negotiation expert tells our host Jake Porway how to best negotiate when buying a car.  (View larger version)

Photograph by National Geographic Television

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  • According to one labor market study, “software developer” is the most in-demand job requiring a bachelor’s degree. This list also includes accountants and auditors, and computer systems analysts.

  • According to a survey by an online professional networking website, 37% of men feel self-assured in their abilities to negotiate, compared with just 26% of females.

  • Measuring intelligence using IQ tests remains controversial, with some critics claiming cultural bias could skew test results, and that human cognitive abilities are best measured as distinct components rather than by a single number.

  • Filming of the investment segment with financial advisor Louis Barajas was Jake’s first time at a racetrack! He didn’t exactly have beginner’s luck, but Jake did walk away with a few extra bucks in his pocket.

  • Many product ideas arise from personal need: the inventor of Doggles, sunglasses for dogs, came up with the idea when she noticed her border collie was having trouble catching a Frisbee on a sunny day at the park.

  • There is currently an estimated 2.1 million patents in-force in the United States as of May 2012.

  • Persistence isn’t all about finding a needle in a haystack: social psychologists have developed a 12-item “Grit Scale” that asks simple questions to assess a person’s tendency for perseverance. Respondents report how well simple statements (such as “I finish whatever I begin” and “Setbacks don’t discourage me”) apply to them.

  • According to Travis Bradberry & Jean Greaves, authors of Emotional Intelligence 2.0, people with the highest levels of IQ outperform those with average IQs just 20% of the time, while people with average IQs outperform those with high IQs 70% of the time.”

  • There are over 1 billion cars on the road worldwide, according to a study by an online auto industry database. It’s no surprise that the U.S. holds the highest vehicle population in the world with over 230 million registered owners. Show host, Jake Porway, is not one of these registered owners. Being a Brooklyn, N.Y. native, Jake likes to walk to work.

  • Some researchers believe that third grade is the most important year in an individual’s academic career because it is the time when students begin to read for content, moving beyond merely learning to read as a skill.

  • According to one university study early birds do get the worm. Students that classified themselves as “morning people” were found to have received significantly higher grades than those who classified themselves as night owls. Similar research by, Christoph Randler, found that “early risers” are more likely to be proactive and anticipate problems, which can be linked to higher wages and greater career success.

  • “According to one report, the number of millionaires declined in the U.S. in 2011, but the number increased globally – particularly in India and China.”

  • “The concept of emotional intelligence was popularized by Daniel Goleman with the publication of his bestseller, Emotional Intelligence: Why It Can Matter More Than IQ in 1995.”

  • “According to a 2011 report from Credit Suisse, there are nearly 30 million people in the world who have a net worth that cracks the $1 million mark.”

  • Bill Hewlett and David Packard forged a successful collaboration after they befriended each other in 1934. While working out of a rented garage and with only $538, the two innovators produced the HP200A – an audio oscillator used to test sound equipment. The two men eventually decided to seal their partnership, even flipping a coin to determine the company name. Today, the company pulls in well over $100 billion in annual sales.

5 comments
Kanhaiya Sharma
Kanhaiya Sharma

Fantastic program, if i am recollecting correctly, these were presenters main ideas:

1.EQ

2.Thinking out of the box

3.Adaptability : Be ready to perform under difficult situations.

4.Procrastination : Delay the decision until you get all the facts right.

5.Negotiations : Never quote the figure first. Delay the decision to gather more information. Be ready to walk out.

6.Spread your investments

7.     Overcome failures and try again and again: Persistence is the key to success. 

Bernie Van Zijl
Bernie Van Zijl

This was a great programme - thank you - great material for teaching "Financial Literacy"

Armando Caballero
Armando Caballero

Get rich TM, patents, and residuals (insurance). What would I do for a million, make a business plan, if possible government grant, start a company LLC, TM the name, idiot proof the business with stage gates then sell it. Sell your own product/brand, reverse integration. Ex: have a bar, but also sell your own brew. A million dollars may not sustain you and consider the national debt will depreciate the value of the dollar plus government is still printing more. Remember what happen to the peso. First three to a dollar, then five, then ten, now stable around twelve. Then companies decided the labor was cheap enough. My American Ford Fusion was made in Mexico. American Eagle clothing, made in India. Rupees, Yen, Pesos, all cheaper than the dollar and bribing (greasing the wheels) is legal. I know CEOs know, but I couldn't exploit people and their lack of government regulations and health standards.

Armando Caballero
Armando Caballero

Thomas Edison was only successful because of Nikola Tesla's brushless alternating current generator. JP Morgan can go to hell. Warden cliff Tower. I've said enough. If you don't know what I'm talking about, read on your own. Down with capitalism, especially when green alternatives are available. SONY/TTK owned by Rockefeller AKA Standard Oil of New York. Oil supplied to make light. They collaborate too much. And yes, ask you employer before you are hired, if you receive wage increase to compensate for inflation every year. And look up Ludlow Massacre, that's how the wealthy operate then call themselves philanthropist, lol!