Research carried out by the Carnegie Institute of Technology shows that 85 percent of your financial success is due to skills in “human engineering,” your personality, and your ability to communicate, negotiate, and lead. Shockingly, only 15 percent is due to technical knowledge. Additionally, Nobel Prize-winning psychologist, Daniel Kahneman, found that people would rather do business with a person they like and trust rather than someone they don’t, even if the likable person is offering a lower quality product or service at a higher price.
EQ Emotional Intelligence is now commonly viewed by Harvard Business Review as important for businesses to survive and grow. Some studies indicated that about 60% of the larger global companies have EQ Emotional Intelligence in their employment prescreening tests and processes. Studies indicate that those individuals struggling in business; owner, management, or employee tend to score low in EQ Emotional Intelligence and for the reverse, individuals doing well and more successful in business tend to score high in EQ Emotional Intelligence