Would You Pass The Marshmallow Test?

In 1972, psychologist Walter Mischel of Stanford University conducted a novel experiment. Researchers led children aged between four and six years into a room consisting of only a table and a chair. The researcher would place a marshmallow on the table in full view of the child, and as his or her mouth started watering, the researcher offered the child a choice: eat the marshmallow now or wait 15 minutes to eat it and receive a second marshmallow as a reward for having patience. Six hundred children participated in the experiment—approximately one-third showed sufficient self-control to receive the second marshmallow. When follow-up studies were conducted on the children over several decades, there was a strong correlation between success in life and being able to wait for the second marshmallow.

How can you use these learnings to improve your business? Find out if you would pass the Marshmallow Test on OPEN Forum.