Friday, July 29, 2011

How to Making Money



I sat down not half hour ago to watch a replay of Raw. For the third week in a row, I have watched a full WWE show in order to see one man. A man who in the last month has become the "saviour" of wrestling for some fans and a mainstream publicity magnet for the WWE. The most impressive thing, it seems, is that he's only unleashed it now, a month before he leaves the company.  

When the news first broke that CM Punk was planning to leave the WWE after his contract expired, I wasn't surprised. I honestly didn't and still wouldn't blame him. Not only because of the backstage stories of his poor treatment; from being buried in developmental, to his nickname as the "King of the Indies" (1).

Not only because it seems Punk has never been considered a member of the "Youth Movement", or as an established main eventer like Cena or Orton for sometime now. Leaving him essential in no man's land. Not only because Punk, a three time WWE world champion (four time if including the ECW world title), has been used for a while now to only advance Vince's home-grown talent

But because he has never been truly valued as a WWE superstar. That was until now it seems. 

While others like Chris Jericho and Batista left the WWE having been buried, Punk has used his last month in the WWE it seems to show Vince why and how he can draw money. He's taken the unlimited potential which guys like Paul Heyman and Steve Austin (3) have noted in him and used it to punch Vince right in his giant grapefruit's



One of the biggest reasons we enjoy the weekend is more time with family and friends. We can make our weekends (and weeks) even better by spending more time being social:


This paper exploits the richness and large sample size of the Gallup/Healthways US daily poll to illustrate significant differences in the dynamics of two key measures of subjective well-being: emotions and life evaluations. We find that there is no day-of-week effect for life evaluations, represented here by the Cantril Ladder, but significantly more happiness, enjoyment, and laughter, and significantly less worry, sadness, and anger on weekends (including public holidays) than on weekdays. We then find strong evidence of the importance of the social context, both at work and at home, in explaining the size and likely determinants of the weekend effects for emotions. Weekend effects are twice as large for full-time paid workers as for the rest of the population, and are much smaller for those whose work supervisor is considered a partner rather than a boss and who report trustable and open work environments. A large portion of the weekend effects is explained by differences in the amount of time spent with friends or family between weekends and weekdays (7.1 vs. 5.4 hours). The extra daily social time of 1.7 hours in weekends raises average happiness by about 2%.


Source: "Weekends and Subjective Well-Being" from NBER Working Paper No. 17180


For more on happiness check out Gretchen Rubin's The Happiness Project or Harvard professor Daniel Gilbert's Stumbling on Happiness.



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