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Matt Higgins' "number one" piece of advice for finding a highly successful mentor: Don't ask anyone to mentor you. The "Shark Tank" investor and RSE Ventures CEO doesn't like it when people cold-message him with mentorship requests, he said during Tuesday's CNBC Make It: Your Money virtual event. You could ask Higgins, for example: "I heard on 'Shark Tank' that you struggle with impostor syndrome. Putting ego aside and asking for help isn't embarrassing, Higgins said. Higgins isn't the only "Shark Tank" star to weigh in on the value of mentorship.
Persons: Matt Higgins, Mentorships, Higgins, wasn't, he's, Mark Cuban, I've, John, Barbara Corcoran Organizations: RSE, CNBC, Global Locations: They're
A recent survey on hiring practices led by hiring software company Greenhouse found "pretty sobering stats" about discrimination in hiring processes, says Ariana Moon, head of talent planning and acquisition at the company. Almost one-fifth of job seekers tried to protect themselves against these discriminatory hiring practices by changing their names on applications. Of those that change their names, 45% did so to sound 'less ethnic', 42% to sound younger and 22% to sound like the opposite gender. Under federal employment law, applicants are protected from employment discrimination that may be based on race, color, religion, sex, national origin, age, disability or genetic information. ET to learn how to level up your interview and negotiating skills, build your ideal career, boost your income and grow your wealth.
Persons: Greenhouse, Ariana Moon Organizations: CNBC
You've probably heard about the growth mindset — the idea that constant, incremental improvement can lead to achievement and success. It's also the key to understanding why the growth mindset works and when to lean into it, researchers say. Several studies on school-age children, for example, found that a growth mindset resulted in better grades for kids from financially well-off families than those from poorer backgrounds. A growth mindset is "a necessary but insufficient condition for learning," says Tipton. When a growth mindset is most effective, and how to use it wisely
Persons: You've, Carol Dweck, It's, Jennifer Burnette, Elizabeth Tipton, Tipton, it's Organizations: Ivy League, North Carolina State University, CNBC, Northwestern University, Psychological Locations: Tipton
They found that having short periodic breaks dedicated to exercise, meditation and goal setting can help increase flow while working, which in turn can prevent burnout. On top of this, the employees in the flow group were also encouraged to have 10-15 minute breaks sprinkled two to three times throughout the day. This increase in flow led to a decrease in reported stress and stability in the physiological symptoms. Participants in the flow group left work feeling less drained and actually had the time after work to rest and recuperate, preparing themselves to enter the next working day with even more focus and energy. "There is this common expression that 'stress + rest = success', well we are changing that a bit into "flow + rest = success."
Persons: Exos, Chris Bertram, Bertram Organizations: Hofstra University
Signing a job contract is often an automated process. When facing pages of fine print, you may just trust your prior conversations with your employer and sign off without a second look. Down the road, however, you may find yourself in legal and financial trouble as a result. New York, Pearson says, is more in the middle. Federal crackdown is also expected, as The FTC has proposed a ban on most non-compete clauses among other restrictive employment practices back in January, and they are expected to vote on it by April 2024.
Persons: Lawrence Pearson, Ashley Tremain, Pearson, , Tremain, Severance Organizations: Department of Labor, FTC Locations: New York, Dallas , Texas, California, Massachusetts
San Francisco 49ers starting quarterback Brock Purdy, a captain on one of the league's two remaining undefeated teams, isn't one of them. He splits rent with one of his teammates, an offensive lineman, and drives a Toyota Sequoia SUV, he told NBC's "TODAY" last week. It has the the third-highest cost of living in the U.S., possibly contributing to Purdy's desire for a roommate. A one-bedroom apartment or condo's median monthly rent in San Francisco is $2,993 — 137% higher than the national median — according to Zillow data. And in baseball, New York Yankees star pitcher Gerrit Cole kept driving his 2006 Toyota Tacoma truck after signing a $324 million contract for a simple, logical reason: It still worked, he told NJ.com in 2021.
Persons: Brock Purdy, NBC's, Purdy, Rob Gronkowski, Gronkowski, Kawhi Leonard, Gerrit Cole, NJ.com, hasn't Organizations: National Football League, San Francisco 49ers, Toyota Sequoia, NFL, of Famer, CNBC, National Basketball Association, Sports Illustrated, San Antonio Spurs, New York Yankees, Toyota Tacoma, 49ers Locations: San Francisco, U.S
Laphonza Butler was sworn into the Senate Tuesday afternoon, making history as the first openly lesbian Black senator to serve in Congress, and the first openly LGBTQ senator to represent California. She will also be the third Black woman to ever serve in the Senate. Butler was appointed by California Governor Gavin Newsom to fill late California senator Dianne Feinstein's seat for the remainder of the term through 2024. NBC News reported that The Congressional Black Caucus (CBC) had urged Newsom to appoint Barbara Lee, a Black woman and California Rep. of 25 years. She held the position from 2021 until this week, when she stepped down to accept the Senate seat.
Persons: Laphonza Butler, Butler, Gavin Newsom, Dianne Feinstein's, Feinstein, Barbara Lee, Katie Porter, Adam B, Schiff, Governor Newsom, Porter, Nancy Pelosi, Sen, Elizabeth Warren, Newsom, Steven Horsford, Kamala Harris, Harris, Uber, Butler's, Laphonza Organizations: NBC News, Congressional Black Caucus, CBC, Congressional, Caucus, Black, Democratic, SEIU, University of California, SEIU State Council, CNBC Locations: California, Mississippi, Maryland, Washington
Mark Cuban learned the key to a successful sale when he was just 12 years old. In a recent interview with GQ, Cuban was asked what the "key to selling well" was. You're trying to help them." When selling to his customers, Cuban noticed that each customer would say something that would point out how the garbage bags would make life simpler. Cuban went on to sell baseball cards and work as a salesperson at Your Business Software, a PC software retailer in Dallas, Texas.
Persons: Mark Cuban, Cuban Organizations: GQ, Cuban, Business Software Locations: Dallas , Texas, Cuban
Age discrimination in hiring is an illegal yet pervasive practice. While age discrimination is a well-documented phenomenon, in many cases it goes unnoticed and unaddressed. Victims of age discrimination may be unsure of whether or not what they are experiencing classifies as discrimination and hiring officials may be unaware of their implicit biases against older workers. This makes it all the more difficult to address and protect yourself against age discrimination. Common resume red flagsChoices you make in your resume might inadvertently be working against you.
Persons: Marc Cenedella, Cenedella Organizations: Federal Reserve Bank of San, CNBC, Yahoo, Skype Locations: Federal Reserve Bank of San Francisco
At some point in your life, you've probably set a goal. Even setting a goal in the first place can limit you, according to Wharton organizational psychologist Adam Grant. People who set goals and stubbornly stick to them are "not seeing the dimension of possibilities," Ulukaya said on Grant's podcast in July. Of course, some parts of goal setting are highly valuable. Setting goals and thinking about self-optimization tactics can clutter your mind, unintentionally distracting you from the task at hand, he tells CNBC Make It.
Persons: Emmanuel Acho, you've, Adam Grant, Grant, Hamdi Ulukaya, James Clear, Ulukaya, Francis Sanzaro, Sanzaro Organizations: New York Times, CNBC Locations: Austin , Texas
If you're one of the many dealing with a delay to your job offer, chances are you feel like you are facing a setback. But fear not, career experts say. Although your options on what to do are endless, here is what career experts Vicki Salemi and Gorick Ng advise you to do with your time. Look for interim — or new — workIt is crucial to keep your options open during and apply to new positions, while keeping confidentiality so as not to jeopardize your existing offer, Salemi says. Develop important, relevant skillsBoth Ng and Salemi say this gap period could also be a chance to accelerate learning through certifications, online or in-person courses and workshops, and immersion language programs.
Persons: Gorick Ng, Vicki Salemi, Ng, Salemi Organizations: Harvard Locations: Saharan Africa, American
Mark Zuckerberg's five-word motto "move fast and break things" spawned Meta's multibillion-dollar success and inspired an entire generation of Silicon Valley entrepreneurs. In a TED Talk earlier this year, Morriss decried the idea behind Zuckerberg's phrase, suggesting instead that CEOs and leaders everywhere should "move fast and fix things." She offered a five-step guideline you can use to fix problems in your workplace, with each step assigned to a day of the week to keep you on schedule. Your goal should be to create a "good enough" plan to fix your problem, Morriss said. So, if we have not first earned trust and we go fast, we will break things guaranteed.
Persons: Mark Zuckerberg's, It's, Anne Morriss, Morriss, Zuckerberg, it's, Frances Frei, Frei, Uber, Travis Kalanick, Dara Khosrowshahi Organizations: Harvard Business School, TED, Harvard Business, Khosrowshahi's Locations: Silicon Valley
Here are the 5 countries with the shortest average workweeks, according to data from the International Labor Organization:Vanuatu: 24.7 hours average per week per employed person24.7 hours average per week per employed person Kiribati: 27.3 hours average per week per employed person27.3 hours average per week per employed person Mozambique: 28.6 hours average per week per employed person28.6 hours average per week per employed person Rwanda: 28.8 hours average per week per employed person28.8 hours average per week per employed person Austria: 29.5 hours average per week per employed personThese are the 5 countries with the longest workweeks, according to the ILO:United Arab Emirates: 52.6 hours average per week per employed person52.6 hours average per week per employed person Gambia: 50.8 hours average per week per employed person50.8 hours average per week per employed person Bhutan: 50.7 hours average per week per employed person50.7 hours average per week per employed person Lesotho: 49.8 hours average per week per employed person49.8 hours average per week per employed person Congo: 48.6 hours average per week per employed personIt is important to note that the distribution of these hours is not necessarily even. In the UAE, 46% of those employed work for more than 49 hours a week, which is considered the 'excessive working limit' by the ILO. In comparison, only 8% of those employed in Austria work over the excessive working limit. In a survey conducted by the Randstad Workmonitor, 43% of Americans said they felt compelled to be available to their employers outside of regular work hours. In a separate survey, Morning Consult reported that 51% of Americans support slower employee response time outside of work hours, which is the norm in the European workplace.
Organizations: International Labor Organization, ILO, United, Union worker's, Organization for Economic Cooperation, Development, CNBC Locations: Vanuatu, Kiribati, Mozambique, Rwanda, Austria, United Arab Emirates, Gambia, Bhutan, Lesotho, Congo, UAE, South Korea, China, Russia, India, United Kingdom, Israel, Canada, Norway
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