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Musk is currently the CEO of three different companies: SpaceX, Tesla, and, of course, Twitter. But like many CEOs, he's accumulated a huge fortune by juggling several companies and directorships at once. While Musk may be an extreme case, he's also the perfect example of the modern CEO: a chaotic blend of unproductive micromanagement and highly-paid absenteeism. In the extreme, some CEOs like Musk have taken on the management of multiple large companies. And Musk isn't the only executive who would be better served focusing on one task.
On TikTok and YouTube, "passive income" side-hustles have skyrocketed in popularity. On TikTok and YouTube, influencers are getting rich while spreading dubious financial advice for how to make money fast — and failing to give viewers a full picture of the risks involved. Followers can make hundreds — if not thousands — of dollars in passive income by renting out property, day-trading, or dropshipping, influencers say. Instead, creators sell courses that promise to teach people how earn money through passive income — helping them get rich while selling the dream of easy cash. These financial influencers are drawing in a lot of young people: A recent survey found that 34% of Gen Z consumers obtain financial advice from TikTok, while only 24% of this age group seek advice from financial advisors.
In a viral Linkedin post, a CEO explained why he fired two engineers for secretly working two full-time jobs. The post went viral on Friday after Bell divulged that Canopy, a mid-sized software company based in Utah, recently fired two engineers who were secretly working two full-time jobs simultaneously. Others speculated that the engineers may have be working two jobs in order to make ends meet. According to Bell, Canopy discovered the first engineer was secretly working a second full-time job after 2.5 months of poor performance that had been flagged by the engineer's teammates. You're also hurting the people who you're working with because they're responsible for deliverables and they end up working more."
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