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If you need to tackle an improbable challenge, the right mindset — "a special kind of optimism" — can help, according to Moderna co-founder and chairman Noubar Afeyan. Specifically, Afeyan — who has an estimated net worth of $1.5 billion, according to Forbes — said that "extraordinary change agents" take three actions to achieve what seems impossible:They imagine. Imagination plays a crucial role "in accomplishing impossible missions," Afeyan said: You typically need to think creatively to come up with new, original ideas. But ask yourself one central question: Why do we expect extraordinary results from reasonable people doing reasonable things?" "You need to leave your comfort zone, to think in new ways, to acclimate to the unfamiliar and embrace uncertainty."
Persons: Noubar Afeyan, he's, Afeyan —, Forbes —, Afeyan, Allison Butler, Butler Organizations: Moderna, Massachusetts Institute of Technology, MIT, Sloan School of Management, Bryant University, CNBC Locations: Lebanon, Canada, Massachusetts, Cambodia, California, Cambridge, acclimate
Digital cameras are regaining popularity among Gen Z, who seek authentic, unfiltered experiences. Profits from digital cameras are projected to grow by $1.4 billion between now and 2028. But things may have come full circle because digital cameras are back for Gen Z. AdvertisementLike Facebook albums but coolerDespite plummeting between 2018 and 2021, profits from digital cameras in the electronics industry since then have been steadily increasing. Business Insider's Amanda Krause named digital cameras one of the "quiet status symbols" you will likely see everywhere in 2024.
Persons: Gen Z, Zoomers, , Amanda Krause, Gen Zers, Khurram, Hermione Whitehead, Whitehead, Kellie Whitehead, Hermione's, Kellie, Sharmin, Z's, It's, Greg Morrison Organizations: Service, Facebook, Gen, Revenue, Olympus, Bryant University, MXML, Zoomers Locations: Germany
Maddy Lane, a Gen Z TikToker, shared what it's like in a recent video, showing the detritus of her latest haul all over her bed. A survey of 1,000 people from January by the digital analytics platform Quantum Metric found that 64% of Gen Z respondents were buying more than they did last year. Contradictory to Gen Z beliefsCheap clothing hauls do not sit well with the much-discussed Gen Z passion for environmentalism. AdvertisementGaby Mendes, a Zoomer and founder of Talk Twenties, a media and events company for Gen Z, told BI she tries to avoid fast fashion but has her lapses. Gen Z was dubbed the "Depop generation" by Vogue Business, and makes up 90% of the app's user base.
Persons: , Maddy Lane, Lane, Zers, ThredUp, Gen, TikTok, pang, Melanie Parncutt, Parncutt, Gaby Mendes, Gen Z, JADE GAO, Siena Barry, Taylor, There's Organizations: Service, Business, Bryant University, Otter Public Relations, Vogue Business, Barry Locations: cardigan
But some strategies are proven to be more effective than others, when it comes to raising successful children. Here are five ways parents can help set their kids up for future success, according to psychologists and other parenting experts. But when it comes to raising a successful child, one is more important than the other, educational psychologist Michele Borba wrote for CNBC Make It in 2022. Give them autonomyThe ability to self-motivate is one of the two important traits that can help kids grow into successful adults, child psychologist Dr. Tovah Klein told Make It last year. Don't stress over perfectionWojcicki raised three successful children — a doctor and two high-profile CEOs — but she never demanded perfection from them.
Persons: Michele Borba, Borba, they'll, Nir Eyal, Eyal, Tovah Klein, Esther Wojcicki, Wojcicki, , Perfectionism, you've, Allison Butler Organizations: CNBC, New Zealand's University of Otago, Bryant University
Striving for perfection might seem like a positive trait, among kids and adults alike. But perfectionism doesn't make your children any more likely to become successful adults, research shows — and it's a contributing factor to mental health issues like anxiety and low self-esteem. Her advice for the parents of perfectionists: Help your kids reframe how they think about mistakes. Learning to accept mistakes and view them as learning opportunities can help keep those missteps from becoming the source of added stress or depression, she says. "A perfectionist is trying to be effective, successful [and] to do well ... You can be more confident in that desired outcome if you have opened yourself up to feedback and testing and prototyping along the way," Butler says.
Persons: Allison Butler, Butler Organizations: Innovation, Bryant University, CNBC
If someone tells you, "come up with a great idea," your mind probably goes blank. But it doesn't have to be, says psychologist Allison Butler — you just need to know what steps to follow. Whether you want to impress your boss, invent something or start a successful business, Butler recommends a methodology called "design thinking" that she says can help anyone come up with great ideas. "The idea is that it seems like a checklist: Watch people, learn from them, craft insights, brainstorm great ideas [and] start to prototype," says Butler. Embracing critical feedback can help you do more than improve your ideas, too.
Persons: Allison Butler, Allison Butler —, Butler, you've, Cortney Warren Organizations: Innovation, Bryant University, Apple, Google, CNBC
Even Bill Gates thought school was boring as a kid. While in middle school, Gates didn't find learning "interesting," he recently said on his "Unconfuse Me" podcast, in an episode featuring Khan Academy CEO Sal Khan. But the teacher spotted potential, and took the opportunity to encourage Gates to put some effort into his education. Gates went on to develop his mathematics and coding skills in high school, before dropping out of Harvard University to co-found Microsoft in 1975. "I do think the AI will be like a great high school teacher who really marks your essay, and you go back and think, 'OK, I need to step up there,'" Gates said.
Persons: Bill Gates, Gates, Sal Khan, we're, tiredness, Michael Roberto, Roberto, Warren Buffett Organizations: Khan, Bryant University, Harvard Business School, Harvard University, Microsoft Locations: Yale, U.S
"The reality is that today's students work, they may have children or parents to support — there's an opportunity cost." watch nowStruggles for those with student debt, no degreeAt the very least, the Supreme Court's pending decision on Biden's student loan forgiveness plan will shed more light on the financial burden of college. Increasingly, borrowers are struggling under the weight of ballooning student debt balances. Forgiveness could prompt reenrollmentOn the flip side, loan forgiveness would reduce that burden, making it more likely that previously enrolled students would reenroll, according to Brown. "Loan forgiveness could be a key strategy to bring students who have some college, but no degree, back to finish their coursework," she said.
A Connecticut lawmaker died hours after being sworn in as state representative. Lawmakers mourned state Rep. Quentin "Q" Williams following the announcement of his death. The collision occurred around 12:45 a.m. local time just outside of Middletown, Connecticut, on Route 9 in a town called Cromwell. The 39-year-old lawmaker, state Rep. Quentin "Q" Williams of Middletown in the 100th District, a Democrat serving in the Connecticut General Assembly, had been sworn in on Wednesday. The Connecticut State Police and Williams' office did not immediately respond to Insider's request for comment.
CROMWELL, Conn. — A Connecticut state representative was killed overnight in a wrong-way highway crash after having attended the governor’s inaugural ball and his own swearing-in ceremony for a third term, House Democratic leaders said Thursday. Quentin Williams, a Democrat from Middletown known as “Q,” died in the crash on Route 9 in Cromwell. State police said both drivers were killed and one of the vehicles became fully engulfed in flames. Connecticut State Representative Quentin “Q” Willams. CT House DemocratsSpeaker of the House Matt Ritter, D-Hartford, and Majority Leader Jason Rojas, D-East Hartford, issued a statement saying Williams’ family had announced the lawmaker’s death.
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