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 ...

While some teens find the “Walmart Ballpit” to be the best use of their times, others are building 12-foot slip n’ slide sloops to defy gravity. Clint Walker and Clive Dixon, two of the guys you see ...

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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 ...

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 ...

I come from the school of thought is that there is no such thing as a mistake, just great learning experiences. It looks like I am in good company: We must not say every mistake is a foolish one. — ...