In 1898, Dr. Edward Thorndike formulated a principle that would become known as Thorndike’s Law of Effect. Thorndike asserted that actions that result in a satisfying (rewarding) outcome are likely to ...

While discussing inventions, Thomas Edison’s associate, Walter S. Mallory, once said to him, “Isn’t it a shame that with the tremendous amount of work you have done, you haven’t been able to get any ...

Life can be incredibly confusing. We all want a good life filled with happiness and peace. We yearn to wake up each morning with gratitude and end our days with a sense of fulfillment. But achieving ...

As an accounting firm owner, professor, athletic coach and parent, I spend a great deal of time with young people. Do they drive me crazy at times? You bet! But unlike many boomers among my peers, I ...

Kim Perell, an entrepreneur and author of “Mistakes That Made Me a Millionaire,” joins TODAY to talk about how you can do more than learn from your mistakes — you can profit from them by turning them ...