You Can Have a Million-Dollar Business with No Employees

Census figures show that the number of one-person businesses in the U.S. with revenues between $1 million and $2.99 million rose 10% year-over-year in 2012 to more than 29,000 firms, Forbes reports. Most are professional, scientific, and technical-services companies, but retail and construction firms are well represented too. Still, such companies are rare: Firms with sales over $1 million make up far less than 1% of the nation’s 22.7 million nonemployer companies, for which the largest revenue category is $10,000 to $25,000.

SOURCE: Million-Dollar One-Person Businesses Multiply

World Cup Viewers Plan to Keep Up by Multiscreening

Digital devices are changing the way consumers watch events—and the World Cup is no exception, with US internet users saying the availability of multiple devices will allow them to watch more of the soccer games, as well as view those they miss.

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Your Sense of Moral Purity May Block You from Making Professional Connections

Research participants who imagined themselves pursuing professional connections at a party felt dirtier afterward, on average, than those who had imagined themselves merely meeting a lot of people at the party and having a good time (2.13 versus 1.43 on a five-point dirty-feelings scale), say Tiziana Casciaro of the University of Toronto, Francesca Gino of Harvard Business School, and Maryam Kouchaki of Harvard University. Moreover, people in the former group were later more likely to take a favorable view of cleaning products such as soap, toothpaste, and window cleaner. This and other experiments suggest that networking in pursuit of professional goals can harm a person’s sense of personal moral purity, the authors write in a working paper.

SOURCE: The Contaminating Effects of Building Instrumental Ties: How Networking Can Make Us Feel Dirty

Do You Have to Be Perfectly Qualified Before You Can Apply for That Promotion?

An internal review at Hewlett-Packard revealed a striking difference between female and male employees, Katty Kay and Claire Shipman write in The Atlantic: Women applied for promotion only when they believed they met 100% of the qualifications listed for the job; men applied when they thought they could meet 60% of the requirements. The difference comes down to confidence, the writers say.

Narcissistic CEOs Take Bold Action When There's an Appreciative Audience
SOURCE: The Confidence Gap

High Performers Are Covertly Victimized, Unless They’re Altruistic

In a study set in a Midwestern field office of a U.S. financial services firm, high-performing employees were more likely than average workers to report that colleagues covertly victimized them through such behaviors as sabotage, withholding resources, and avoidance, says a team led by Jaclyn M. Jensen of DePaul University. High performers’ average score on a 1-to-5 victimization-frequency scale (from “never” to “once a week or more”) was 3.37, with the greater the performance gap in the workgroup, the greater the victimization. The effect was most pronounced for high performers who were selfish and manipulative; those who were altruistic and cooperative suffered less victimization as their performance increased, the researchers say.

SOURCE: Is it Better to Be Average? High and Low Performance as Predictors of Employee Victimization

Can a President’s Happy Talk Hurt the Economy?

It’s known that fantasizing about an ideal future makes individuals decrease their effort, but can the same effect be seen on the scale of a national population? After studying U.S. presidential inaugural addresses, a team led by A. Timur Sevincer of the University of Hamburg in Germany concluded that the answer is yes: Positive thinking about the future, as expressed in these speeches, predicted declines in GDP over the subsequent presidential term. Happy talk may prevent people from preparing for difficulties, the researchers say.

SOURCE: Positive Thinking About the Future in Newspaper Reports and Presidential Addresses Predicts Economic Downturn

It Matters Which Avatar You Choose When Gaming

Research participants who had played a 5-minute computer game using a Superman avatar were subsequently kinder to other people, and those who had played as the evil Voldemort were less kind, say Gunwoo Yoon and Patrick T. Vargas of the University of Illinois at Urbana-Champaign. After the computer game, the participants were instructed to provide an unspecified amount of chocolate and hot chili sauce to other people who they believed would be required to eat it all (untrue); those who had been “Superman” provided about twice as much chocolate as chili sauce, while those who had been “Voldemort” did the reverse.

SOURCE: Know Thy Avatar: The Unintended Effect of Virtual-Self Representation on Behavior