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☆ This CEO had to drop her 'self-centered' habit to become highly successful: Ditching it was 'a complete game changer’
▼ + stars: | 2024-03-15 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

But, if you can ditch that habit, you're likely to become much more successful, says Talia Fox. I call it self-centered fear," Fox tells CNBC Make It. "Anytime I'm about to take an action, the thing that stops me from taking the action is worrying about what someone might think about me." Two decades ago, self-centered fear put Fox on the brink of an emotional breakdown as a Master's student at Howard University. She went on to become CEO at her coaching firm, a role she's held for over 20 years, according to LinkedIn.

Persons: Talia Fox, Fox Organizations: Kusi, D.C, Harvard School of Public Health, Fox, CNBC, Howard University, LinkedIn Locations: Washington

☆ The No. 1 trait bosses look for when promoting employees, says ex-CEO and Harvard expert
▼ + stars: | 2024-03-13 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

But often, bosses look for something more subtle, says Harvard Business School executive fellow Bill George. In other words, CEOs and other leaders may want to see you guiding and inspiring the rest of your team. Great employees — the ones managers tend to see as worth promoting — don't just boss their co-workers around. They excel at building trust with the people around them, which requires a certain amount of self-awareness to achieve, George says. "Many people do not know who they are," George wrote in his book, "True North: Emerging Leader Edition," which published in 2022.

Persons: Bill George, George, — Organizations: Harvard Business School

☆ Ex-Amazon engineers lose 6-figure 'Shark Tank' deal off 1 blunder: 'That's the biggest mistake startups make'
▼ + stars: | 2024-03-11 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

They still couldn't land a deal on Friday's episode of ABC's "Shark Tank" due to making what billionaire investor Mark Cuban referred to as "the biggest mistake startups make": trying to grow their brand too quickly. Skaloud and Feiereisen co-founded Boona, a Seattle-based company that makes a $249 showerhead called the "Tandem." "We want to build a brand," Feiereisen said. "Some of the greatest deals in 'Shark Tank' history [are] when the entrepreneur focused on that one application and maxed it out." And if we do create new products, it's to support Tandem," Feiereisen said, trying to reel investors back in.

Persons: Brett Skaloud, Jeff Feiereisen, Mark Cuban, Feiereisen, Kevin O'Leary, Skaloud, I'm, O'Leary Organizations: Amazon Locations: Seattle, Cuban

☆ Trump may have defamed E. Jean Carroll again, one day after posting a $91.6 million bond for last case
▼ + stars: | 2024-03-10 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Republican presidential candidate and former President Donald Trump reacts to supporters as he arrives on stage during a Get Out the Vote Rally March 2, 2024 in Richmond, Virginia. Former President Donald Trump on Saturday stood by his 2019 statement that writer E. Jean Carroll made a "totally false accusation" against him, despite similar claims resulting in him losing a defamation case in January. On top of the $83.3 million in damages is a $5 million sexual abuse and defamation verdict that Carroll won against Trump last year. Trump also shared his concerns about Lewis Kaplan, the federal judge who denied his request to delay the defamation judgment, calling him a "Trump-deranged, angry man." Both Carroll's legal team and the Trump campaign did not immediately respond to CNBC's request for comment.

Persons: Donald Trump, E, Jean Carroll, Trump, Carroll, defaming, he'd, didn't, Lisa Rubin, Lewis Kaplan Organizations: Trump Locations: Richmond , Virginia, Rome , Georgia, New York

☆ Ex-BET CEO shares her best advice for young workers—it's about using self-doubt to your advantage
▼ + stars: | 2024-02-29 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Don't let that keep you from making a big, risky career decision, says ex-BET Networks CEO Debra Lee. Success and self-doubt aren't mutually exclusive," Lee, 69, recently told LinkedIn video series The Path. She worked to attend Ivy League universities and get a law degree because her father told her to, she said. Their hesitancy further fueled her sense of self-doubt, which had grown with each previous career decision, Lee added. Her self-doubt became an asset at BET, pushing her to work harder and think outside the box in her new role, she said.

Persons: Debra Lee, Lee, I've, Mary Jane ", —, Steptoe, Johnson, that's Organizations: BET, Black Entertainment Television, Brown University, Harvard Law School, Washington , D.C, Ivy League, Securities and Exchange, Steptoe Locations: Washington ,

☆ 37-year-old built a $50 million bionic hand company—and landed a $1 million 'Shark Tank' offer
▼ + stars: | 2024-02-28 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Three decades later, he's making bionic prosthetic hands — and his invention drew a $1 million investment offer on a recent episode of ABC's "Shark Tank." The device is manufactured by San Francisco-based startup Psyonic, which Akhtar founded in 2015, according to his LinkedIn profile. "You can control [the bionic hand] with your muscles," said Akhtar, the company's CEO. Organizations like Meta and NASA have used the Ability Hand on robots to help them mimic body movements, Psyonic noted in 2022. Each bionic hand cost $15,000 to make, making it difficult to create inventory at scale, he said.

Persons: Aadeel Akhtar, —, Akhtar, Psyonic Organizations: Meta, NASA Locations: Pakistan, San Francisco

☆ Mark Cuban offered a fellow 'geek' $75,000 on 'Shark Tank': 'I want you to myself'
▼ + stars: | 2024-02-26 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Mark Cuban and Justin Huang have a mutual love for education — and a mutual hate for killing bugs. The two hit it off on Friday's episode of ABC's "Shark Tank," where Huang pitched his product, Cup-a-Bug, to the show's investor judges. A self-proclaimed "bug sympathizer," Huang created the contraption for a simple reason: "I'm just terrified of bugs, even from [childhood]. The investors encouraged him to take a minute to gather his thoughts and keep going, with Cuban yelling, "You're good!" Mark Cuban checking out the Cup-a-Bug on ABC's "Shark Tank."

Persons: Mark Cuban, Justin Huang, —, Huang, We've, Lori Greiner chimed, Cuban, Huang's, Chapman, Daymond John, Mark, Christopher Willard Organizations: University of California, Irvine, LinkedIn, Disney Locations: Irvine , California, Cuban, U.S

☆ Bridgit Mendler went from Disney star to space startup CEO with $6.3M in funding—it started with an accidental college major
▼ + stars: | 2024-02-21 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Bridgit Mendler's path from Disney Channel star to space startup CEO started with — quite literally — an accident. The 31-year-old is the CEO and co-founder of Northwood Space, a company based in El Segundo, California that aims to mass-produce ground stations — otherwise known as the antennae that communicate with space satellites. "While everybody else was making their sourdough starters [during the Covid-19 pandemic], we were building antennas out of random crap we could find at Home Depot ... and receiving data from [National Oceanic and Atmospheric Administration] satellites," Mendler told CNBC on Monday while announcing her startup. "I'm studying anthropology," Mendler told ABC's "Jimmy Kimmel Live" in 2015. While at Harvard, she served as co-president of the Harvard Space Law Society, according to her LinkedIn profile.

Persons: —, Charlie, Mendler, ABC's, Jimmy Kimmel, Griffin, Andreessen Horowitz, Peter Thiel's Organizations: Disney Channel, Northwood, National Oceanic, Administration, CNBC, University of Southern, USC, Massachusetts Institute of Technology, MIT Media Lab, Harvard Law School, Harvard, Harvard Space Law Society, Founders, Humba Ventures, Elon, SpaceX, Technologies, Northrop Grumman Locations: El Segundo , California, University of Southern California, Northwood

☆ Why a CEO says bosses should embrace 'coffee badging': 'I don't hire people to watch them work'
▼ + stars: | 2024-02-20 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

A lot of workplaces these days have in-office mandates, with bosses who get upset if employees don't physically show up. Frank Weishaupt, CEO of Boston-based video conferencing equipment maker Owl Labs, isn't one of those bosses. He actively encourages his employees to create schedules that work for them, in locations that make sense, he says — even if what makes sense is "coffee badging." I don't hire people to watch them work," Weishaupt says. Coffee badging may seem like an inefficient use of time, but flexible schedules like this can boost efficiency and morale.

Persons: Frank Weishaupt, it's, Weishaupt Organizations: Boston, Owl Labs, Yahoo, Gartner, Disney

☆ CEO quit his 6-figure job at Microsoft—and landed a $300,000 'Shark Tank' offer for his new startup
▼ + stars: | 2024-02-20 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

A self-proclaimed "serial plant killer" went on ABC's "Shark Tank" — and came away with a $300,000 offer for his houseplant health company Flora. Flora was founded in 2022 by Aabesh De, a former Microsoft employee who quit his "cushy" six-figure job to build a soil meter and accompanying app that alerts people about the health of their houseplants. "My dear mother gave me her prized rose bush plant that she had for years," De, 29, said on the show. "I would never go for a subscription model after buying [the soil meter]," she said. "I think you're smart as hell, and I like to invest in people who are smart as hell," Greiner said.

Persons: Aabesh De, De, we've, weren't, Robert Herjavec, Mark Cuban, Kevin O'Leary, O'Leary, Barbara Corcoran, Lori Greiner, Greiner, You've Organizations: Microsoft, CNBC Locations: Flora

☆ A shopping trip taught Barbara Corcoran a valuable career lesson: '7 simple words made me a much nicer person'
▼ + stars: | 2024-02-17 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Barbara Corcoran turned an unpleasant retail experience into a business lesson she still uses today. Corcoran grew "furious," she said, wanting to give the woman a piece of her mind, until her brother stepped in. Consider: She's doing the best that she can,'" said Corcoran. Today, Corcoran thinks about those words often, she said: "She's doing the best that she can." "[Those] seven simple words made me a much nicer person," Corcoran said.

Persons: Barbara Corcoran, Corcoran, Barbara

☆ This is the No. 1 myth holding most people back from happiness and success, says psychologist
▼ + stars: | 2024-02-14 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

If you're waiting for everything in your life to fall into place so you can be happy, you've got it all wrong. "Don't wait for that one thing to be happy," Goldman tells CNBC Make It. When I get married, when I get that job, when I lose X amount of weight, I'll be happy." Some days, you'll feel happier and more successful than others. Those peaks and dips make it additionally important to find ways to "create your own happiness," notes Goldman.

Persons: you've, Rachel Goldman, Goldman Organizations: Oracle, New York University, CNBC

☆ 3 crucial ways to make yourself happier, according to a psychologist from Finland—the happiest country in the world
▼ + stars: | 2024-02-13 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Here's why they're so "crucial," and how to incorporate them into your daily life, according to Martela. "It would be more accurate to say that Finland is the country that has the least unhappy people in the world," Martela tells CNBC Make It. For six years and counting, Finland has been the happiest country in the world . "When you help someone, when you [have a] positive impact on others, your own happiness and sense of meaningfulness increases," says Martela. "[A] strong sense of purpose also makes it easier to tolerate bad conditions," Martela says.

Persons: Frank Martela, Martela, Suneel Gupta Organizations: CNBC, Ohio State University, Harvard University Locations: Finnish, Finland

☆ Nintendo CEO once cut his salary in half to prevent layoffs—here's why that's so uncommon today
▼ + stars: | 2024-02-13 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

As sweeping rounds of layoffs rock the tech, media and finance industries in 2024, some video game fans are thinking about former Nintendo CEO Satoru Iwata. Iwata ran the Kyoto, Japan-based video game company from 2002 until his death in 2015. To avoid layoffs, Iwata took a 50% pay cut to help pay for employee salaries, saying a fully-staffed Nintendo would have a better chance of rebounding. Iwata had faith in his talentFor Iwata, taking a pay cut over layoffs centered around his employees' ability to bounce back, Verma says. "Nintendo [needed] to see through the changes that necessitated launching the Nintendo Switch, which has been massively profitable for the company," says Verma.

Persons: Satoru Iwata, Iwata, Rohan Verma, —, it's, Verma, could've, Sandra Sucher, Sucher Organizations: Nintendo, Riot Games, Microsoft, Activision Blizzard, Stanford University, Harvard Business, CNBC Locations: Kyoto, Japan, —, U.S

☆ 34-year-old singer was told it was 'too early' in her career to be ambitious—5 months later, she won 3 Grammys
▼ + stars: | 2024-02-08 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

The 34-year-old R&B singer followed up a series of frustrating career setbacks with one of the most successful nights of her life, taking home three Grammy awards on Feb. 4. She won best new artist, best R&B album and best non-classical engineered album for her debut record "Jaguar II." I was an independent artist with no team and I just thought, maybe my music would stand for itself," she said, tearing up. The song resonated with listeners, some of whom launched a social media campaign for her to perform it at the then-upcoming MTV Video Music Awards in September. "My team was told it is 'too early in my story' for that opportunity so we will keep working!"

Persons: Victoria Monét, who's, Monét, MTV didn't Organizations: MTV, CNBC

☆ Mark Cuban didn't want to invest in this $2.5 million 'Shark Tank' company—here's what changed his mind
▼ + stars: | 2024-02-05 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Mark Cuban didn't want to invest in Genius Litter — until a bidding war between his "Shark Tank" co-stars annoyed him into changing his mind. If it's a high pH or a low pH, it will tell you if there's a potential health issue," said van Meer. That allowed him to put $1 million of his own cash, plus another $1 million already raised from other investors, into launching Genius Litter. "I want to build and scale this business and then sell it [strategically]," said van Meer. van Meer asked, countering with 10% split evenly among the three investors.

Persons: Mark Cuban, Ramon van Meer, van Meer, Van Meer, Robert Hervajec, Emma Grede, Herjavec, Lori Greiner, Kevin O'Leary, Lori, O'Leary, Van Meer wasn't, Greiner Organizations: ABC Locations: Austin , Texas

☆ Great bosses encourage these 3 things in the workplace to boost employee success, says CEO: 'It's a big’ deal
▼ + stars: | 2024-02-02 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Imagine this: You go to the office to grab your morning coffee and some conversation with your team. This is called "coffee badging," and more bosses should get behind it instead of forcing strict in-office mandates, says Frank Weishaupt, CEO of Boston-based Owl Labs, which makes video conferencing equipment. Employees agree, with 58% of hybrid workers saying they coffee badge, according to Owl Labs' 2023 State of Hybrid Work report. In 2024, great bosses will ditch their outdated workplace practices, according to Weishaupt, who has more than 20 years of executive experience at companies ranging from startups to Yahoo. Here are two other things that great bosses will encourage at work this year, he says:

Persons: Frank Weishaupt, Weishaupt Organizations: Boston, Owl Labs, CNBC, Employees, Yahoo

☆ Mark Cuban: These 2 industries will be the 'next wave of revenue generation' in sports—but they 'aren't my strengths'
▼ + stars: | 2024-02-01 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

"To spend more time with my family and because I believe the next wave of revenue generation is around real estate and entertainment and those aren't my strengths," the billionaire responded. Cuban has never been shy about pointing out where his strengths lie, saying in the past that he is "really, really, really good at sales." Those pursuits make more sense for the Adelsons, who have a long history in the entertainment, casino and real estate space, Cuban said in a pre-game interview on Dec. 27th. It's because of their real estate empires that they've built," Cuban said. It's been hard enough learning the pharmacy and basketball business, let alone trying to learn real estate as well."

Persons: Mark Cuban's, it's, Miriam Adelson, Cuban, Adelson, It's, Sheldon Adelson Organizations: Dallas Mavericks, NBA, Cuban, Twitter, ESPN, Las Vegas Sands, Forbes, Vegas Sands, Mavericks, CNBC Locations: Las Vegas, Texas, Cuban

☆ Jay Shetty's 5-step exercise for staying mentally grounded: It helps you become 'fully present'
▼ + stars: | 2024-01-31 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

If you're already feeling overwhelmed by mounting work assignments, performance reviews or goal setting for the rest of 2024, you aren't alone. In those moments when your stress becomes overwhelming, experts say calming practices like meditation and grounding techniques can help. In fact, life coach and former monk Jay Shetty has a simple hack that he says can help you stay mentally sound, he tells CNBC Make It. "I was introduced to it when I was a monk, [and], for me, it's a really great grounding technique," Shetty says. So when we capture the energy and environment in our minds, through all of our senses, it means all of the senses are present, and we're fully there."

Persons: Jay Shetty, it's, Shetty, Matthew Tull, Tull, you've Organizations: American Psychological Association, CNBC, University of Rochester Medical, Behavioral Health Partners

☆ Couple brought in 6 figures in less than 24 hours after appearing on ‘Shark Tank’: It was a 'life-changing success'
▼ + stars: | 2024-01-30 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

A bird-feeding face mask may seem like a gag gift, but HummViewer's success since appearing on ABC's "Shark Tank" is no joke. "In less than a day after appearing on 'Shark Tank,' we sold out of 1500 units, equaling $102,000 in sales," Joan said. In the eight months after their segment, they brought in $350,000 in revenue and quit their full-time jobs, they said. The couple hoped Lubetzky could help them with retail and marketing, which he did, John said. Being on the show was a "life-changing success that came with some problems at the same time," said Joan.

Persons: Joan, John Creed, Daniel Lubetzky, John, Lubetzky, it's Locations: Loveland , Colorado

☆ The top 3 things bosses should get rid of in 2024, says CEO—remote work isn’t one of them
▼ + stars: | 2024-01-29 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Over those two decades, and especially since the Covid-19 pandemic, Weishaupt says he's observed and learned from shifts in the workplace. Right now, he is embracing flexible work, believes employees shouldn't be micromanaged and encourages his workforce to dress comfortably, he says. Companies like Amazon and Disney have enacted stringent in-office work policies in recent months, with some citing reasons like office costs and employee productivity. And if I choose to be in the office the remainder of the day to finish my work, I'll do it. Embrace a more casual dress codeFlexible work arrangements may challenge your office's traditional dress code of suits, below-the-knee skirts and dress shoes.

Persons: Frank Weishaupt, he's, shouldn't, Weishaupt Organizations: Boston, Owl Labs, Yahoo, Disney, Gallup Locations: Weishaupt, United States

☆ Want to be happy? Ditch your 10-year plan and do this instead, bestselling author says
▼ + stars: | 2024-01-26 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

At some point during your teenage years, you probably developed an idea of what "success" as an adult would look like. Sticking to that definition as an adult is a surefire way to end up unhappy, according to serial hospitality entrepreneur and New York Times bestselling business author Chip Conley. "And we either tried to emulate that and live up to it, or we in some cases rebelled against it. Rather, you should "acknowledge the negative aspects ... [and] evaluate whether there's another way to think about the situation," she noted. I wonder if I can change anything about this situation or my expectations about it," wrote Maenpaa.

Persons: Chip Conley, Conley, David Blanchflower, you've, Jenny Maenpaa Organizations: New York Times, Harvard Business, Dartmouth, Procter & Gamble, Hospitality, Modern Elder Academy, CNBC

☆ 15-year-old lands $100,000 'Shark Tank' offer for idea he had at age 8: 'You're a great example for kids'
▼ + stars: | 2024-01-22 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

You don't have to be a high school graduate — or an adult — to win over investors on ABC's "Shark Tank." "You're a great example for kids out there who want to be entrepreneurs," Mark Cuban added. "They're going to help us [with] prototypes, manufacturing, distribution ... They're going to get us in stores like Target, Walmart, Kroger and Costco." There's no way they're not going to buy you out."

Persons: Nathaniel Wellen, Wellen, Lori Greiner, Mark Cuban, Nathaniel —, Greiner, Barbara Corcoran, Kevin O'Leary, O'Leary, " O'Leary, Robert Herjavec, Herjavec, You've, Robert Organizations: Target, Walmart, Kroger, Costco, CNBC Locations: Los Angeles

☆ Highly successful people share this one skill, says billionaire CEO: 'I use it in everything that I do'
▼ + stars: | 2024-01-21 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Instead, they recognize and learn from patterns, a skill that highly successful people implement, according to billionaire Michael Rubin. Rubin is the CEO and founder of sports merchandise retailer Fanatics, a company that's helped him amass a reported net worth of $11.5 billion. "It's a really important skill in business, because I think it's predictive of the future," Rubin said. "If I like them, as soon as they leave, I go out and start calling people that I knew that we have in common to recognize patterns. Whether he's making business decisions or playing blackjack, Rubin said he relies on the skill to make good choices: "Pattern recognition is everything.

Persons: Michael Rubin, Rubin, that's, Jay Shetty's, " Rubin

☆ This trait is a subtle sign someone is highly intelligent, says psychotherapist—some people are ‘naturally gifted’ with it
▼ + stars: | 2024-01-18 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

This skill is also known as active listening, and it requires more than just sitting in silence while someone speaks. "Active listening is when someone can listen to you at length, truly taking in what you're saying, and not interrupt," Maenpaa says. "Active listeners respond with questions because they are genuinely curious about what you're saying. Some people are "naturally gifted with [active listening skills] from an early age, and often receive feedback like, 'You're so easy to talk to!' or 'I feel like I'm the only person in the room when we talk,'" says Maenpaa.

Persons: Jenny Maenpaa, Maenpaa, Amanda O'Bryan Organizations: CNBC, University of Southern Locations: New York, University of Southern California

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