DIRS.INFO The most relevant business & tech news

☆ 42-year-old self-made millionaire: I lived in a 200-square-foot RV for 3 years as I built wealth—it was 'actually quite freeing'
▼ + stars: | 2024-09-22 | by ( Steve Adcock | ) www.cnbc.com time to read: +5 min

The 'freeing' reality of living smallOne of the biggest challenges was getting rid of most of our stuff before moving into the Airstream. We held garage sales over several weekends and digitized thousands of photos onto CDs instead of keeping physical photographs. Living small made household chores quick and easy. Photo: Steve AdcockOur expenses on the roadFor the first year of travel, we spent about $35,000. A night shot of our Airstream in a small campground just west of Tucson, AZ in 2016.

Persons: Courtney, Dodge, Steve Adcock, Patti, Penny, hookups, I've Organizations: Bryce National, of Land Management, Alabama, ACs, Costco, Safeway, YouTube Locations: Bryce, Utah, RVers, Truckee , CA, New York, California, Lake Powell , Arizona, New York's, Montana, Leavenworth , Washington, Bend , Oregon, Tucson, AZ

☆ 63-year-old CEO shares the top 3 red flags she sees in employees: ‘No one wants to be in their presence'
▼ + stars: | 2024-07-29 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

McKissack, 63, is the founder and CEO of Washington D.C.-based construction firm McKissack & McKissack, which she launched with $1,000 from her savings in 1990. She churned through employees who weren't the right fit in her company's early years and the business struggled, she says. These three red flags stand out the most when McKissack is hiring employees or evaluating her current talent, she says. People who lack integrityEvery boss needs to be able to trust their employees, McKissack says. "If I don't want to be in their presence, then no one wants to be in their presence, usually" she says.

Persons: McKissack, they're, Heidi K, Gardner, Steve Adcock, Adcock Organizations: Washington D.C, CNBC, Harvard Law School

☆ Where inflation is the highest and lowest in America
▼ + stars: | 2024-07-28 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

The Honolulu metro area in Hawaii, meanwhile, saw the nation’s highest annual inflation rate in May, at 5.2%. Housing costs have therefore eased over the past year, tugging inflation overall much lower. Tight housing-market conditions are also plaguing New York, which at one point boasted the lowest inflation rate in the country. Housing costs make up about a third of the Labor Department’s CPI, a closely watched inflation gauge. Inflation is down substantially from the 40-year highs of two years ago, but housing costs have remained stubbornly elevated.

Persons: ”, Barbara Denham, Brian Adcock, Willy Nunn, homebuilding, Adcock, “, Jane Castor, it’s, homebuilders, Carl Bonham, Mengshin Lin, Roseann Freitas, ” Freitas, Freitas, Josh Green Organizations: Washington CNN, Consumer, Nationwide, Aloha State, Oxford, Labor Department’s CPI, Federal, Boomers, Tampa Bay Chamber, Miami, Tampa, Homes, CNN, ” Tampa, Urban, University of Hawaii, Washington Post, Building Industry Association of Hawaii Locations: The Tampa, St, Petersburg, Clearwater, Florida, Honolulu, Hawaii, Tampa Bay, homebuilding, Houston , Minneapolis, Denver, Central Florida, New York, Tampa The Tampa, Tampa, Hillsborough County, Pasco County, Miami, ”, Urban Hawaii, Lahaina , Hawaii, Lahaina

☆ How to boost your EQ at the office—even if you work remotely, according to a career expert
▼ + stars: | 2024-07-03 | by ( Ryan Ermey | ) www.cnbc.com time to read: +1 min

He cited one thing he wished he knew in his 20s that could have made him wealthier, faster. "Your personality will get you 10 times richer than your intelligence," Adcock told me. "EQ is going to get you way more money and way more opportunities for promotion than IQ," Adcock said. I interviewed Vicki Salemi, a career expert with Monster.com on ways to boost your EQ in the workplace. "It may feel a little outside of your comfort zone — that's natural," she says.

Persons: Steve Adcock, Adcock, Vicki Salemi, Salemi

☆ 'The one thing I really wish I did': 3 self-made millionaires who retired early share their biggest money regrets
▼ + stars: | 2024-06-01 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Early retirees often have plenty of reasons to gloat about their financial prowess. CNBC Make It spoke with three millionaire early retirees who have no second thoughts about the decision to live on their own financial terms, although there are some things they wish they had done differently. He eventually saved a large portion of his salary and invested it, but that wasn't necessarily the case early on. "The one thing I really wish I did more of was saving, and especially investing more aggressively," he says. Chasing maximum gainsAlex Trias left his job at age 41 and a few years later, moved to a popular destination for American early retirees: Portugal.

Persons: Steve Adcock, Adcock, Alex Trias, Trias, Noki Organizations: CNBC Locations: Portugal, Lisbon

☆ What 5 self-made millionaires refuse to spend money on: It's 'fun being able to buy something and choosing not to'
▼ + stars: | 2024-05-26 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Make It has spoken with plenty of millionaires over the years and often asks them, "What do you refuse to spend money on?" "It's actually really fun being able to buy something and then choosing not to," he previously told CNBC Make It. Here's what he and four other self-made millionaires say they never spend money on. Fast fashionJonathan Sanchez, a self-made millionaire and founder of Parent Portfolio, maintains a low clothing budget by keeping things straightforward. That's Crush Your Money Goals founder Bernadette Joy's thinking when it comes to workout clothes.

Persons: Todd Baldwin, frugality, It's, Jonathan Sanchez, I'm, Steve Adcock, Adcock, Jim Cramer, wouldn't, Cramer, Bernadette Joy's Organizations: CNBC, Parent

☆ 'Your personality will get you 10 times richer than your intelligence,' says self-made millionaire who retired at 35
▼ + stars: | 2024-04-23 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

"Coming out of college, I just kind of assumed I'd have to be the smartest person in the office. But in the real world, your emotional intelligence — sometimes called EQ — is every bit as essential, if not more so, he says. "Your personality will get you 10 times richer than your intelligence," Adcock says. Steve Adcock left his corporate job in 2016 at age 35, having saved about $900,000. It could be the person whose career you aspire to have or the colleague you enjoy working with the most.

Persons: Adcock, he's, Steve Adcock, That's what's, Vicki Salemi, Monster, Salemi Organizations: CNBC

☆ Self-made millionaire who retired at 35 shares his No. 1 money regret: I was doing the 'bare minimum'
▼ + stars: | 2024-04-19 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

The 42-year-old retired from his corporate job in 2016 with about $900,000, a total that market gains soon pushed over $1 million. 'At least I was doing that'Adcock recalls his early 20s as a time where he was doing the "bare minimum" financially. "Thanks to [advice from] my dad, I contributed enough to get the match in my 401(k) — that was literally free money." By contributing enough in his 401(k) to receive a full match, Adcock was theoretically earning a 100% return on his money. 'We wanted to achieve early retirement as quickly as possible'

Persons: You'd, Steve Adcock, he'd, Adcock, Roth, Adcock's Organizations: Roth IRA, IRA Locations: Arizona

☆ Financial security is about time, not money, says self-made millionaire who retired at 35
▼ + stars: | 2024-04-16 | by ( Ryan Ermey | ) www.cnbc.com time to read: +1 min

CNBC's International Your Money Financial Security Survey conducted by SurveyMonkey recently asked people all over the world exactly that, and the answers revealed of how people in different countries think about their finances. "Financial security is not an income amount," the 42-year-old tells CNBC Make It. "To me, financial security is a time amount." Adcock says the moment he felt financially secure came in 2016 at age 35, when he retired from his corporate job with about $900,000. "That was really the first time where I felt financially secure, meaning we don't have to work for the rest of our lives."

Persons: SurveyMonkey, Steve Adcock, Adcock, didn't Organizations: Financial Security, CNBC

☆ Elon Musk welcomes competition from humanoid robot rivals: 'Bring it on'
▼ + stars: | 2024-03-01 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +1 min

Elon Musk isn't fazed by a humanoid robot startup's newly announced collaboration with OpenAI. Musk is also making a humanoid robot, Optimus, through Tesla. "Bring it on," Musk posted in response to Figure AI cofounder Brett Adcock's Thursday announcement of a collaboration with OpenAI to develop AI-powered machines. The comment was a tacit acknowledgment that Figure and OpenAI are rivals to the Tesla CEO's own AI ambitions. Musk unveiled tech startup xAI last year, which debuted AI chatbot Grok last November.

Persons: Elon, OpenAI, —, they're, Musk, Brett Adcock's, Tesla, chatbot Grok Organizations: Tesla, Service, Business

☆ Sam Altman's OpenAI wants to get humanoid robots talking. Here's why.
▼ + stars: | 2024-02-29 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

OpenAI has partnered with Figure AI, a startup developing humanoid robots. OpenAI believes the agreement will open up new pathways for robots to "help in everyday life." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOpenAI is betting big on humanoid robots. The ChatGPT creator has signed a collaboration agreement with Figure AI to "develop next generation AI models" for the robots as it believes they can "help in everyday life."

Persons: OpenAI, —, Jeff Bezos, Brad Lightcap, Peter Welinder, OpenAI's, Brett Adcock, Adcock, OpenAI didn't Organizations: Service, Business, Microsoft, NVIDIA, Amazon, US Chamber of Commerce

☆ Microsoft and OpenAI are in talks to inject $500 million into humanoid robotics startup Figure AI, report says
▼ + stars: | 2024-01-31 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Microsoft and OpenAI could be investing in a humanoid robotics startup, Bloomberg reported. The companies might be putting up to $500 million in Figure AI, the report says. AdvertisementMicrosoft and OpenAI are said to be exploring options to invest up to $500 million in a humanoid robotics startup, Bloomberg reported. OpenAI has previously invested in another humanoid robot startup called 1X Technologies, per Bloomberg. Figure AI was founded in 2022 by CEO Brett Adcock, per an Axios report.

Persons: —, OpenAI, It's, Brett Adcock, He's, Jim Fan Organizations: Microsoft, Bloomberg, BMW, Service, Technologies, Boston Dynamics, Robotics, Nvidia, Business Locations: Tesla, LLMs

☆ Elon Musk's optimism about Optimus might be misplaced
▼ + stars: | 2024-01-25 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Elon Musk has been bigging up Tesla as a robotics powerhouse, highlighting its humanoid bot, Optimus, as a gleaming example of its sophisticated technology. It's possible, however, that Musk is being a tad over-optimistic in his humanoid robot ambitions, particularly regarding its delivery timeline. In true Musk fashion, he made some grand claims about Optimus in the investors' call. It's the most sophisticated humanoid robot that's been developed anywhere in the world." He said, "It should be impossible for any centralized control to upload malware to a humanoid robot."

Persons: Elon Musk, Tesla, there's, Optimus, Walter Isaacson, Musk, Tesla's, Brett Adcock Organizations: Service, Business, SpaceX, Optimus, German, BMW, Robotics, Amazon, Tesla Locations: Mars

“We’re trying to make robots that can operate in human spaces.”Do we even need humanoids? Seemingly farther along is Tesla's Austin, Texas-based neighbor Apptronik, which unveiled its Apollo humanoid in an August video demonstration. “That led to development of a new robot that was not really a humanoid, but had several characteristics of a humanoid,” he said via an emailed message. Walking is "not the hardest problem to solve in humanoid robotics," said Geordie Rose, co-founder and CEO of British Columbia, Canada-based startup Sanctuary AI. “Forever more, human- centric robots like that are going to be part of human life.

Persons: hasn’t, Jonathan Hurst, “ We’re, Hurst, There’s, Brett Adcock, Elon Musk, —, “, Marc Raibert, Raibert, ”, Geordie Rose, Rose, ” Rose, Tye Brady, Damion Shelton, ” Shelton, Haleluya Hadero Organizations: Agility Robotics, tote, Amazon, Agility, Boston Dynamics, carmaker Hyundai, Robotics Locations: Oregon, Sunnyvale , California, Austin , Texas, British Columbia, Canada, Seattle

☆ Self-made millionaire: This is the 'hardest part' about pursuing early retirement
▼ + stars: | 2023-07-31 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

These days, his net worth is north of $1 million, and he offers financial advice to would-be early retirees in his newsletter, Millionaire Habits. "There is no way you're going to improve your spending without knowing where your money is going to begin with," he says. They don't want to know how much they're spending," Adcock says. "Sometimes it's like, 'Holy s---, I'm spending $500 a month at Subway.'" One shorthand many early retirees rely on — their "FIRE number" — multiplies the annual income they hope to live on in retirement by 25.

Persons: Steve Adcock doesn't, Adcock, —, he'd, you've, It's Organizations: FIRE, ESPN, CNBC

☆ The 'difference between being frugal and cheap': 3 things an early retiree refuses to spend money on
▼ + stars: | 2023-07-28 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

Here are three things Adcock refuses to spend money on. Lottery tickets and gamblingYou won't find Adcock daydreaming about the Mega Millions jackpot, because he won't be in the running. There are people who probably make money gambling, but I would never bet a dime," he says. Extended warrantiesAdcock won't allow himself to be upsold into an extended warranty — a common offer for household appliances and electronics sold at big box stores. "You can put a little money aside every month, and essentially you're building your own extended warranty," he says.

Persons: Steve Adcock, Courtney, Adcock, Adcock daydreaming, It's Organizations: Mega

☆ Jenny Craig will be revived for e-commerce by the owner of diet meal maker Nutrisystem
▼ + stars: | 2023-07-05 | by ( Sara Ruberg | ) www.cnbc.com time to read: +5 min

A Jenny Craig sign hangs on the wall outside of the weight loss store on April 28, 2023 in Miami, Florida. Adcock said all former Jenny Craig customers have been notified by email and in the brand's Facebook groups about the relaunch. After four decades in business, Jenny Craig, based in Carlsbad, California, filed for Chapter 7 bankruptcy in Delaware on May 5, court records show. He said prices at Jenny Craig would remain similar to what they were before its bankruptcy but declined to share more details. The complaint alleges that hundreds of former Jenny Craig staffers could be owed some restitution.

Persons: Jenny Craig, Jenny Craig's, Brandon Adcock, Adcock, Jenny Craig couldn't, provider's, Wellful, we'll, Nutrisystem, they'd, We've, Jack Raisner Organizations: Wellful Inc, Facebook, NBC News, Adaptive, Kainos Locations: Miami , Florida, Carlsbad , California, Delaware, Dallas, Wellful, U.S

☆ Jenny Craig is being revived online
▼ + stars: | 2023-07-05 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Weight loss brand Jenny Craig is getting a second lease on life. Jenny Craig went bust in May after more than 40 years in business because of growing competition from trendy diets and weight loss drugs like Ozempic. One major change is that Jenny Craig’s weight loss centers won’t be reopened, and the company will live entirely online. Jenny Craig was one of the pioneers of weight loss and diet programs. Named after its founder, the Jenny Craig business started when she couldn’t lose weight after giving birth to her second child.

Persons: Jenny Craig, Jenny, Brandon Adcock, Jenny Craig won’t, Jenny Craig’s Organizations: New, New York CNN Locations: New York

☆ Millionaire who retired at 35: These are the 3 'stupidest lies' I've heard about early retirement
▼ + stars: | 2023-05-27 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

In 2016, after years of climbing the corporate ladder, living frugally and investing the excess cash he saved, Adcock retired at age 35 with about $900,000. Since he retired, "I've heard some of the stupidest lies about early retirement from people who will never retire," Adcock wrote in a recent tweet. Here's why he says each of those three notions are myths, as long as you're strategic about your early retirement plans. "You need to know what you're retiring to, not just what you're retiring from," he says. Maybe it's true that you and your partner would get on each other's nerves if one or both of you retired early.

☆ Early retiree says reading these 8 books helped him save $1 million: ‘I wasn’t born into money'
▼ + stars: | 2023-03-14 | by ( Steve Adcock | ) www.cnbc.com time to read: +3 min

This book was originally published in 1996, but the basic money principles can still be applied today. For example, many experts recommend brewing your coffee at home to save money, but not Sethi. In fact, he teaches readers to uncover their "rich life" by spending lavishly on things they care about while cutting back on what doesn't matter. Money expert Morgan Housel explores the psychological side of finance in a clever and non-judgmental way. "Your Money or Your Life: 9 Steps to Transforming Your Relationship With Money and Achieving Financial Independence"

☆ Early retiree says breaking these 6 ‘society rules’ helped him save $1 million: 'I wasn't born rich'
▼ + stars: | 2023-02-01 | by ( Steve Adcock | ) www.cnbc.com time to read: +3 min

The self-made millionaire says he got rich by investing wisely, living a frugal life, and breaking society rules. At the time, I had $900,000 saved, and within a few years was able to accumulate a $1 million net worth. Here are six society rules I broke to become a millionaire at 38:1. Most people's passions are creative, and it can be more challenging to earn a high salary in a creative field. It could put you in a position for raises, promotions and other opportunities to make more money down the line.

☆ Self-made millionaire: These 3 traits separate highly successful people from everyone else at work
▼ + stars: | 2023-01-22 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

"I said yes to almost any opportunity that I got," says Steve Adcock, who retired early at 35. While people might measure and achieve success differently, there are some traits that set high achievers apart from others. The habits of successful people tend to be profoundly powerful, yet "incredibly simple," says Steve Adcock, a self-made millionaire who retired at 35. But to build wealth and be successful, you need to be willing to learn from your mistakes and understand your shortcomings. Improving your emotional intelligence can also help you navigate challenging situations calmly and rationally, and work with many different types of personalities more effectively.

☆ As debt ceiling deadline looms, here's what it could mean for Social Security and Medicare
▼ + stars: | 2023-01-19 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

That has advocates for Social Security and Medicare worried that lawmakers will try to amend those programs. Unlike a government shutdown, where Social Security and Medicare benefits continue to flow, that may not be the case with a default, according to Adcock. However, the Social Security Administration may delay payments to ensure it has enough cash on hand, he said. "Social Security I'm sure will get paid, interest on the debt will get paid," he said. Why some worry about Social Security benefit cuts

☆ Self-made millionaire who retired at 35: Do these 3 things in your 20s or 'you'll regret it later'
▼ + stars: | 2023-01-15 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

Those years can go by quickly, but they can also be some of the most significant of your life. Steve Adcock leveraged his 20s to achieve his dream of retiring early and traveling across the U.S. with his wife, Courtney. In 2016, he and Courtney retired at 35 and 33, respectively, after accumulating about $870,000 working in information technology. Adcock credits much of his success to smart habits he adopted in his 20s. Here, Adcock shares the three habits all 20-somethings need to enjoy a long, prosperous life:

☆ 90% of your early success boils down to this skill, says millionaire: 'Most young people are terrible at it'
▼ + stars: | 2022-12-22 | by ( Steve Adcock | ) www.cnbc.com time to read: +3 min

Knowing how to develop a rapport with people is crucial in so many facets of your professional life, such as navigating relationships, problem-solving, getting clients, public speaking, and negotiating salaries and raises. Based on my experience, 90% of your early success boils down to your ability nail job interviews. I've seen people show up to interviews in a t-shirt and jeans while I was wearing a buttoned-down shirt. When job interviewers ask about your biggest weaknesses, what they're really measuring is your level of self-awareness and problem-solving skills. Never pass on the chance to ask questions at the end of an interview.

Search resuls for: "Adcock"

25 mentions found