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☆ Months into launching a pickleball eCommerce company with $10,000, I'm already over budget. Here are all of my startup costs, including a surprise $2,095 expense.
▼ + stars: | 2024-11-05 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

My friend and I budgeted $10,000 to launch a pickleball paddle company. Our product, pickleball paddles, would be more expensive to produce. Keeping our business money separate from our personal funds seemed like a smart bookkeeping move — and it made us feel more legit. We're working with a product sourcing company, 330 Trading, which helps eCommerce businesses connect with factories to manufacture their product. Between prototypes and a shipment of 20 of our final product paddles (seven of which went to USAP for testing), we've spent about $1,475.

Persons: —, I'd, we'd, hemming, hawing, USAP, we've, Kathleen Elkins Organizations: Service, Mercury, Shipping Locations: eCommerce, LA

☆ 'Am I delusional?': How to get honest answers according to the former CEO of Pizza Hut, Taco Bell and KFC
▼ + stars: | 2024-06-04 | by ( David Novak | ) www.businessinsider.com time to read: +5 min

They recognize an essential truth: delusional people don't learn well. And how can you possibly know where or how to grow and learn if you don't know your starting point? (Surprise, surprise, it really likes information that proves the story right, a problem called confirmation bias.) If you want to see the world the way it really is, you've got to hunt for the truth. Excerpted from "How Leaders Learn: Master the Habits of the World's Most Successful People" by David Novak with Lari Bishop.

Persons: Wendy, I'd, Jeff, Rick, Anne, I'm, Tim Schurrer, David Novak, hemming, hawing, Tim, Andy Pearson, neuroscientists, Clarence Darrow, Darrow, Chase, you've, You've, Lari Bishop, David C Novak Organizations: Service, David Novak Leadership, Harvard Business Review Press Locations: Louisville

☆ Personal CEO calls and $1 million pay packages: How tech companies recruit top AI talent amid a 'gold rush'
▼ + stars: | 2024-04-26 | by ( Kali Hays | Ellen Thomas | ) www.businessinsider.com time to read: +9 min

On top of that, she added that tech companies will give people in AI-related jobs bonuses for performance and plenty of equity compensation. About half of the people came from Big Tech companies. Gill said the new Kognitos hires who haven't come from Big Tech have jumped ship from other startups. Some AI talent are even striking it out on their own to start their own companies. He left his tech job to form an AI startup after seeing another large fundraise from another new AI company.

Persons: —, Sam Altman, Altman, Mark Zuckerberg, Dan Portillo, Goldman Sachs, Jaclyn Rice Nelson, Nelson, that's, Claude chatbot that's, Binny Gill, Kognitos, Gill, he's, haven't, David Steinberg, Steinberg, AI's Nelson, There's, Greg Selker, Stanton Chase, Selker, hemming, hawing Organizations: Service, Business, Meta, Sweat Equity Ventures, OpenAI, Big Tech, Zeta Global Locations: Anthropic, ChatGPT

☆ I traded my iPhone for a 'dumb phone.' It's made me a better mother and person.
▼ + stars: | 2024-02-25 | by ( Carmella De Los Angeles Guiol | ) www.businessinsider.com time to read: +5 min

When I traded in my iPhone for a dumb phone, I found I could be a better, rejuvenated parent. AdvertisementI traded in my iPhone for a dumb phoneAfter a lot of hemming and hawing, I took the plunge and gave up my smartphone. My dumb phone has all the basic capabilities: calls, texts, even a GPS. Although I have a rational understanding of my switch to a dumb phone, I was sure my children would revolt, especially in the car. AdvertisementCarmella Guiol is the creator of Scroll Sanity, a newsletter and podcast about staying sane in a digital world.

Persons: —, hemming, hawing, DJ Mama, journaling, I'm, shouldn't, Carmella Guiol Organizations: Service

☆ Barbra Streisand Is Ready to Tell All. Pull Up a Seat.
▼ + stars: | 2023-11-07 | by ( Wesley Morris | More About Wesley Morris | ) www.nytimes.com time to read: +4 min

Rick Kot, an executive editor at Viking who oversaw production on the book, told me, “Publishing books in two volumes is difficult just as a commercial venture. Nor does it inspire the “five takeaways” treatment that juicy new memoirs by Britney Spears and Jada Pinkett Smith have. These are my thoughts.” She also considered those other Streisand titles, the ones by other people. Sydney Chaplin (one of Charlie’s kids) played the original Nick Arnstein during her “Funny Girl” Broadway run; they shared a flirtation that Chaplin wanted to consummate and that Streisand wanted to keep professional. It’s that Barbra Streisand endured a parade of harsh workplaces yet never stopped trying to make the best work.

Persons: Rick Kot, “, She’s, you’ve, Britney Spears, Jada Pinkett Smith, Streisand, Christine Pittel, hemming, hawing, ”, there’s, Sydney Chaplin, Nick Arnstein, Chaplin, Elliott Gould, Dolly, Walter Matthau, Gene Kelly, Matthau, she’s, Brando, Pierre Trudeau, Jon Peters, It’s, Barbra Streisand Organizations: Viking, “ Publishing

☆ Wall Street reversal: More and more economists are changing their minds and declaring US recession fears dead
▼ + stars: | 2023-08-02 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

It joins the Federal Reserve and other economists in casting recession concerns to the side. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. After much hemming and hawing from economists and Wall Street, Bank of America is the latest to revise its predictions — and says a severe economic downturn isn't likely. In doing so, BofA is joining a rising chorus saying that fears of a recession were unfounded. The most recent inflation data were quite encouraging."

Persons: hemming, hawing, Neil Dutta, Goldman Sachs, Jan Hatzius, Jerome Powell, Powell, Janet Yellen Organizations: of America, Federal Reserve, Service, Wall, Bank of America, Bloomberg, Federal, Market Committee, Fitch Locations: Wall, Silicon, American

Then there’s Eve Hewson, daughter of Bono, who claimed that the Vulture team behind the “nepo baby” piece was “jealous” and called out the editor-in-chief for her own familial privilege. But one self-described “nepo baby” has finally cracked the code of how to defuse these attacks: by owning the title, not shying away from it. shutting out countless talented newcomers who might have more talent than a “nepo baby” but lack a famous name or face and thus are denied opportunities — would be a major mistake. More “nepo babies” could take a page out of Williams’ book and recognize this duality. Hollywood isn’t an equal playing field, and any “nepo baby” who pretends like it is is not only ignoring reality, but doing a disservice to their own reputation.

I used to focus a lot more on pinch pennies, until I realized it was costing me time. I used to try to save money without much thought for the time invested. Having a dollar amount in mind helps me quickly assess whether an opportunity to earn or save money is worthwhile. If I'm not netting close to $1 per minute, I'm probably not interested. This approach also works in reverse to help me decide whether I should spend money to save time.

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