Wednesday, 30 July 2014

StickK.com

This is a great tool!


If you need to motivate yourself,
have tried everything and failed,
want people to support you,
want someone to monitor you and to whom you can be accountable,
or just want to check out this site
go here:- http://www.stickk.com/.

              It's awesome - no really, a must-look-at-tool.


About stickK.com 


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Our Mission


stickK empowers you to better your lifestyle. We offer you the opportunity, through 'Commitment Contracts', to show to yourself and others the value you put on achieving your goals.



Our Story


stickK was formed by combining personal experience and scholarly research. Our story began at Yale University a few years ago when Dean Karlan (Economics Professor at Yale and Co-Founder of stickK) came up with the idea of opening an online 'Commitment Store'.

He envisioned that people would come to the Commitment Store to sign contracts obliging them to achieve their personal goals such as losing weight or quitting smoking. Dean experimented with this concept by making contracts himself (click here to read his personal weight loss story). Meanwhile, he also conducted and published research* on Commitment Contracts as a tool for helping people save money.

Now let's get a little technical....

The Commitment Contract concept is based on two well known principles of behavioral economics:

1.People don't always do what they claim they want to do, and
2.Incentives get people to do things
Dean believed that today's health-conscious and socially conscious market was ready for a service that would allow people a way to achieve their goals.

He bounced his ideas off his fellow academics Barry Nalebuff, (professor at the Yale School of Management and co-founder of Honest Tea) and Ian Ayres (professor at Yale Law School and Author of Super Crunchers: Why Thinking-By-Numbers is the New Way to be Smart and Carrots and Sticks: Unlock the Power of Incentives to Get Things Done). Barry and Ian loved the proposal and very soon the idea of 'stickK' became a realistic possibility.

Barry introduced Dean and Ian to one of his students at Yale, Jordan Goldberg, who hopped on board and accepted the offer to help launch this new venture. From there onwards, Jordan began work to form what we now call stickK.

And the rest, as they say, is history.

*Ashraf, Karlan and Yin, Quarterly Journal of Economics May 2006, "Tying Odysseus to the Mast: Evidence from a Commitment Savings Product in the Philippines"

You can go to this site and check it out here:- http://www.stickk.com/

If you would like to get the Carrots and Sticks book for yourself,



you can do so here:-
Carrots and Sticks: Unlock the Power of Incentives to Get Things Done

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