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His success has also helped fuel a boom in family offices, a financial structure pioneered by J.P. Morgan and popularized by the Rockefellers. Today there are thousands of family offices globally, with the total number tripling between 2019 and 2023, according to the data provider Preqin. To protect Page, Osborne has long remained hidden, the man behind the megabillionaire's curtain. AdvertisementThe small staff at Koop, Page's family office in Palo Alto, are fiercely committed to Page's privacy. Through his investment in Way2B1, Page is seeking to make money by monetizing the techniques he uses to make money.
Persons: Thomas, Larry Page, Wayne Osborne, Osborne, Koop, , Wayne, Jeffrey Epstein, Gmail, Page, he's, Larry, Morgan, Morgan Stanley, hasn't, Justin Sullivan, hawking, Sergey Brin, George Pavlov, Mark Zuckerberg, Jeff Bezos, Melinda Lewison, Natasha Pearl, Aston Pearl, James Estrin, Helen Frankenthaler, Minerva, Joseph E, Brooks, Taylor, Mortimer Zuckerman, Zuckerman, he'd, who'd, Koop's, Ken Goldman, Eric Schmidt, Hugh Langley, Michael Floyd, Floyd, Page's, Lucy Southworth, Southworth, It's, Way2B1, it's, Gilles Martin, Hal Bailey Organizations: QS, Osborne, J.P, Google, Harvard Business School, Princeton Theological Seminary, Presbyterian Church, New York Times, Minerva, U.S . News, Boston Properties, Shell, CIA, Energy Technologies, Oceankind, Forbes, Business, Fiji Locations: New York, Caribbean, St, Palo Alto , California, Wayne, Mississippi, Connecticut, Silicon Valley, U.S, Silicon, Palo Alto, Koop, Nola, margarita, Way2B1, Fijian, superyachts, New Zealand, Fiji
When you're passionate about something, you might want to dedicate all your time to it. While researching the topic, Jachimowicz interviewed 200 high achievers from athletes and artists to Fortune 500 CEOS. Within a year, the passion was overtaken by cynicism and low self-efficacy, and he felt rudderless and adrift, he said. Twenty percent of Americans say that they're truly passionate about their jobs, according to a 2023 Zippia report. "People feel like it's more permissible, more legitimate to assign additional unpaid tasks to more passionate employees," he said.
Persons: Jon M, Jachimowicz, LinkedIn's Organizations: Harvard Business School, Fortune, Columbia University Locations: United Kingdom, New York
While we may chastise ourselves for stumbling over our words or saying the wrong thing, we'd likely never notice such a thing in our peers. It's worrying about saying the wrong thing or asking a question others think is stupid or has an obvious answer. "Even if you stutter, even if you don't say it perfectly how you intended, it's taking you out of your head and into action," Durham said. "If you're someone who's in your head, you are not the target audience for that constructive criticism," she added. "So you are inherently not going to say the wrong thing."
Persons: , Emily Durham, Durham, it's, Zers, It's, They've, you'll Organizations: Service, Business, Deloitte, Harvard Business School
Successful people are "open to unexpected opportunities and embrace change instead of fearing it," he previously told Make It. Former DoorDash and Google recruiter Nolan Church swears by another trait: continual learning. People who are constantly learning are "able to adapt as the rules of the game are constantly changing," he says. 'Filling skills gaps' is keySimilarly, as the way businesses and customers function is changing, so are the skills that you need to serve them. Constantly learning enables you to continue "filling skill gaps," says Church.
Persons: Joseph Fuller, Benjamin Granger, Nolan Church Organizations: Harvard Business School
U.S. high school graduates looking for entry-level work might consider starting out at a company appearing on a new ranking from the American Opportunity Index. Released earlier this month, the list named 50 large companies as the best places for people with a high school diploma to launch their careers. The index scored companies based on three metrics: how likely they are to hire entry-level employees, promote them from within and set them up to land better-paying jobs when they leave. "We didn't see a whole lot out there for the 40% of high school graduates who aren't going off to post-secondary education immediately — most of whom have to find some sort of work," he continues. Rather than survey the companies, the index analyzed the career paths of around 5 million workers from 2018 until 2022 to make its assessment.
Persons: who've, Rajiv Chandrasekaran, aren't, Chandrasekaran Organizations: American, Schultz, Foundation, American Opportunity, Glass Institute, Harvard Business School, Walgreens, Financial Services, Gap Inc, Goodyear Tire, Starbucks Retailers, CNBC
My husband and I have been long-distance for six of the seven years we have been married. While we now know it will not work for us long-term, the experience has taught us much about ourselves and each other. My husband applied to jobs in Miami, too, but wasn't getting offers of the caliber he wanted. I never did find a better job, so we remained long-distance for the full four years. AdvertisementLearning about your partners needs is important, tooMy husband, unlike me, prioritizes work over relationships and doesn't feel he needs physical proximity to me to demonstrate his care.
Persons: It's Organizations: Service, Harvard Business Locations: Miami, Florida, Fort Myers, North Carolina, Latin America
How to increase your attention span amid digital overload
  + stars: | 2024-08-11 | by ( Riane Lumer | ) edition.cnn.com   time to read: +10 min
While a dwindling attention span is not due to a personal failing (despite individual variability) a majority of the time, experts say there are changes you can make to regain control over your mind. “Tech companies and ad marketing companies use this information to construct profiles about us, and then they design algorithms that are targeted to capture our attention,” Mark said. “We have a tank of attentional resources (that) gets drained when we keep switching our attention,” Mark said. Additionally, he suggested using an app that places time limits on social media or websites you find yourself addicted to using. “The way I feel at the moment is like somebody is pouring itching powder over us all day,” Hari said.
Persons: I’m, it’s, Gloria Mark, Mark, Graham Burnett, , Burnett, Henry Charles Lea, ” Mark, Shoshana Zuboff, “ I’m, Johann Hari, ” Hari, Hari, , There’s Organizations: CNN, University of California, Computing Systems, Institute, Strother School, Princeton University, “ Tech, Harvard Business School, Facebook, New York Times, Association of Computing Locations: Irvine, Brooklyn , New York, New Jersey, Boston, Silicon Valley
A general view of the Baker Library/Bloomberg Center on February 17, 2024, at Harvard Business School in Allston, MA. Harvard University failed to persuade a U.S. judge to dismiss a lawsuit in which Jewish students accused the Ivy League school of letting its campus become a bastion of antisemitism. Without ruling on the merits, U.S. District Judge Richard Stearns said the plaintiffs plausibly alleged that Harvard's response to on-campus incidents was inadequate, and that "the facts as pled show that Harvard failed its Jewish students." Students sued in January, accusing Harvard of selectively enforcing its anti-discrimination policies to avoid protecting Jewish students from harassment, ignoring their pleas for protection, and hiring professors who supported anti-Jewish violence and spread antisemitic propaganda. Stearns found sufficient allegations that Harvard acted with deliberate indifference toward its Jewish population.
Persons: Richard Stearns, Stearns, Harvard, Harvard's, Claudine Gay, Gay Organizations: Baker Library, Bloomberg Center, Harvard Business School, Harvard University, Ivy League, District, Harvard, U.S, Civil Locations: Allston ,, U.S, Israel, Gaza
The best way to find out what you're good at is to ask other people, says organizational psychologist Adam Grant. Reach out to 15 to 20 colleagues, family members, and friends, and see if they'll share stories of when you were at your best. The activity, created by researchers from Harvard Business School and the University of Michigan's Ross School of Business, helps you see yourself "through the eyes of others." It's one of the rare ones that I love as much with undergrads as I do with CEOs," Grant said. "In my experience doing it, people can't anticipate what their strengths are in other people's eyes and so it turns out we have positive blind spots, not just negative ones."
Persons: Adam Grant, Reach, Grant, Brené Brown, Simon Sinek Organizations: Wharton School, University of Pennsylvania, Harvard Business School, University of Michigan's Ross School of Business
Inspired Capital co-founders Lucy Deland (left), Alexa von Tobel (center), and Mark Batsiyan (right) speak to portfolio companies at the firm's annual founder dinner in June 2024. Born and raised in Jacksonville, Florida, von Tobel attended Harvard University, where she graduated with a degree in psychology. AdvertisementInspired Capital co-founders Alexa von Tobel and Penny Pritzker. Inspired Capital founding partners Mark Batsiyan, Lucy Deland, Alexa von Tobel, and Penny Pritzker. Although von Tobel was on vacation outside the country, she stepped away from a fancy dinner to take McNulty Rojas's call and brainstorm solutions.
Persons: Alexa von Tobel, she's, Lucy Deland, Mark Batsiyan, It's, von Tobel, Capital's, who's, Zuckerburg, I've, Morgan Stanley, , LearnVest, Batsiyan, Alexa, they'd, von Tobel's, Penny Pritzker, Obama, Brynne McNulty Rojas, — von Tobel, McNulty Rojas, Habi, Tobel, Von, Deland, it's, von, McNulty, hasn't, guac, She's, Benjamin Vandiver, Ivan Zhao, Lindsey Vonn Organizations: Flatiron, Business, New York VC, Harvard University, Facebook, Harvard Business School, Accel Partners, American Express Ventures, Northwest Mutual, LearnVest, Ventures, Northwest, Capital, Harvard, of Commerce, America Fund, Tiger Global Management, II, Alexa, Inc, Magazine, Winder, New York Locations: Jacksonville , Florida, New York, Deland, Miami, Latin America, York
I’m optimistic, paradoxically, because I don’t think A.I. I don’t think A.I. In fact, I think instead of replacing us, I think A.I. are based on an underestimation of the human mind. “mind” is like the human mind.
Persons: , Michael Ignatieff, Angus Fletcher, , it’s, It’s, Peter Thiel, Tyler Cowen, A.I, , ” Keats Organizations: Ohio State University, Harvard Business School, Boston Consulting Group Locations: Canadian
"The essence of being a narcissist is that you're about yourself, you're for yourself, and you're less others-oriented," she says. Narcissistic bosses are likely to take credit for things that go well and to dodge blame for things that don't. Because a narcissist is trapped in the idea that only their thoughts are important, listening to others is burdensome to them. "If I praise you, it makes me look good and, if I'm your boss, it makes me look even better. How to cope with a narcissistic boss
Persons: Amy Edmondson, Edmondson, Edmonson, Ramani, Durvasula, isn't, Narcissists, It's Organizations: Harvard Business School, CNBC, Harvard Business Locations: Los Angeles
Skills are "far more important" than having a college degree for many jobs, he added. Dimon said JP Morgan Chase has eliminated degree requirements for most jobs at the bank and pivoted toward more skills-based hiring. About 80% of JP Morgan Chase's current roles for "experienced hires," or candidates with full-time work experience, don't require a college degree, a company spokesperson confirmed to Fortune. For context, 62% of Americans don't have a college degree, according to the latest Census data. That means degree requirements can lock out millions of job seekers with alternative qualifications from high-paying opportunities.
Persons: Jamie Dimon, Dimon, Morgan Chase, JP Morgan Chase's, It's Organizations: JPMorgan Chase, LinkedIn, Wall Street, Ivy League, McKinsey & Co, Harvard Business School's, Glass Institute, CNBC
Launched in 2018 by Chinese e-commerce behemoth Alibaba, the free online contest is open to math enthusiasts worldwide, though Chinese math majors typically dominate the top places. She was later trained by math teacher Wang Runqiu at Lianshu Secondary Vocational School, where she studies fashion design. Social stigma for vocational studentsAmong the cacophony of commentary, some suspect the harsh public scrutiny of Jiang is rooted in social prejudice against vocational students. But structural discrimination in China’s schools, universities and workplaces means society still favors academic degrees over trades. Jiang considers math her “Plan B,” prioritizing fashion design for future study, according to The Beijing News.
Persons: Jiang Ping, Alibaba, , Wang Runqiu, Wang, Jiang, Richard Xu, China’s, Yin Wotao, , Yin, there’s, , Zhao Yong, ” China’s, Einstein, Zhao Organizations: Hong Kong CNN, Harvard, Oxford, MIT –, DAMO Academy, Xinhua, Secondary Vocational School, Weibo, Harvard Business School, CNN, University of Kansas, Beijing, Communist Party, Zhejiang University Locations: Hong Kong, China, China’s Jiangsu, Xinhua, Lianshui, Beijing, Hangzhou, Jiangsu, Germany, Finland
Getty Images; Shutterstock; BIThe traditional path to private equity starts with an investment banking job out of college. In 2023, private equity firms started reaching out in July before junior investment bankers finished their summer training. But at its core, private equity is in the business of making money by buying and running companies. Samantha Lee/InsiderA small group of headhunters and other advisors hold power over the private equity recruitment process. More on private equity pay and hiring:Have private equity's 'Hunger Games' recruiting tactics gone too far?
Persons: , Blackstone, Apollo isn't, Goldman Sachs, it's, David Wurtzbacher, Wurtzbacher, Wharton, Graham Weaver, you've, Samantha Lee, We've, Jon Gray, Drew Angerer, Skye Gould, Steve Schwarzman, Jonathan Gray, Gray, Thoma Bravo, Atlantic's, Carlyle, Warburg Pincus, Wharton's, Axel Springer Organizations: Service, Apollo, KKR, Business, Getty, CPA, BI, Alpine Partners, Alpine's, Harvard Business School, Stanford's Graduate School of Business, Alpine, of Foreign Labor, Bain Capital, Blackstone, Harvard, Games, Wall, Citadel, headhunters, dealmakers, Private, PJT Partners, Centerbridge, of Michigan Locations: San Francisco, UPenn, Carlyle, Blackstone, Axel
The promise of a more rapid climb up the corporate ladder has made Alpine's CIT program incredibly popular. While it's too soon to know how Alpine's CIT program ranked this year, it received 750 applications for just 12 slots. AdvertisementAnderman's own non-conventional career took her from college dropout to ballet dancer to the world of international development to business school. When she interviewed for her job at Alpine, Weaver asked how she could handle the job with no prior experience. — Alpine's founder and CEO — Alpine's founder and CEOThe first attribute the company looks for is IQ, but not in the traditional kind.
Persons: , it's, Tal Lee Anderman, you've, Tal Lee Anderson, Graham Weaver, GSB, Weaver, whittle, Anderman, David Wurtzbacher, Wurtzbacher, they're, Geoff Smart Organizations: Service, Business, CIT, Harvard Business School, Stanford's, School of Business, Wharton School, University of Pennsylvania, Harvard, Tal Lee Anderson Alpine, Stanford, Wharton, Kellogg School of Management, Northwestern, University of Chicago Booth School of Business, Alpine, Alpine's San, Citadel, Yale Law School, America Locations: Alpine's, Alpine's San Francisco, Blackstone, Anderman, Manhattan, Jackson , Mississippi, Hong Kong
What sets high achievers apart from everyone else, Fuller has discovered, isn't their confidence or business acumen — it's their adaptability. "They're not wedded to some predetermined career path that they set when they were a student or starting their first job," he tells CNBC Make It. It's great to set career goals and create timelines for achieving them. In both cases, "you're ignoring what motivates or interests you, and instead letting rigid expectations guide your career," says Fuller. If you fixate on a specific career path, you risk overlooking other fulfilling options for your professional life, Fuller adds.
Persons: Joseph Fuller, Fuller, , They're Organizations: Harvard Business School, Fortune, CNBC
This story is available exclusively to Business Insider subscribers. Her research inspired her to create the 5-3-1 rule, a guideline for measuring social health. Killam broke down the 5-3-1 rule — and what to do if you find it hard to follow. Use 5-3-1 as a rule of thumbIf you feel like you're great at talking to seven people a day but only have two very close relationships, Killam said not to worry — the 5-3-1 rule is more of a rule of thumb. If you've felt lonely but haven't known how to address it, the 5-3-1 rule can help you pinpoint where to start.
Persons: , Kasley Killam, Killam, I'm, you've Organizations: Service, Business, Harvard Business School Locations: Post
Read previewWhat's the most sought-after job opportunity for graduating students of top business schools like Harvard Business School, Wharton at UPenn, and Stanford's Graduate School of Business? For the 2024 CIT program, which starts this summer, Alpine received 750 applications for just 12 slots, giving it an acceptance rate of 1.6%. Related stories"You're moving from Yale Law School and Harvard Business School to Jackson, Mississippi, to run a plumbing company," Anderman said as an example. Wurtzbacher also got invaluable leadership training from Weaver, a longtime professor at Stanford's Business School and winner of the MBA Distinguished Teaching Award in 2024. The CIT program is so attractive to them because it offers a clear path to doing this by leading a company.
Persons: , Wharton, David Wurtzbacher, Wurtzbacher, Tal Lee Anderman, Graham Weaver, Weaver, JP, Graham, Anderman, they're, they've Organizations: Service, Harvard Business School, Stanford's Graduate School of Business, McKinsey, Business, Investors, Harvard, Stanford Business School, Green, Partners, CIT, Alpine's CIT, Wharton, Alpine, BI, Yale Law School, Alpine's San, Stanford's Business School, Stanford Locations: UPenn, San Francisco, Stanford, Manhattan, America, Jackson , Mississippi, Alpine's, Alpine's San Francisco, York, Carolinas, Virginia
Read previewWhat's the most sought-after job opportunity for graduating students of top business schools like Harvard Business School, Wharton at UPenn, and Stanford's Graduate School of Business? For the 2024 CIT program, which starts this summer, Alpine received 750 applications for just 12 slots, giving it an acceptance rate of 1.6%. Related stories"You're moving from Yale Law School and Harvard Business School to Jackson, Mississippi, to run a plumbing company," Anderman said as an example. Wurtzbacher also got invaluable leadership training from Weaver, a longtime professor at Stanford's Business School and winner of the MBA Distinguished Teaching Award in 2024. The CIT program is so attractive to them because it offers a clear path to doing this by leading a company.
Persons: , Wharton, David Wurtzbacher, Wurtzbacher, Tal Lee Anderman, Graham Weaver, Weaver, JP, Graham, Anderman, they're, they've Organizations: Service, Harvard Business School, Stanford's Graduate School of Business, McKinsey, Business, Investors, Harvard, Stanford Business School, Green, Partners, CIT, Alpine's CIT, Wharton, Alpine, BI, Yale Law School, Alpine's San, Stanford's Business School, Stanford Locations: UPenn, San Francisco, Stanford, Manhattan, America, Jackson , Mississippi, Alpine's, Alpine's San Francisco, York, Carolinas, Virginia
New York CNN —Americans are fed up with massive CEO pay packages. Just 13% say companies are doing a good or excellent job at avoiding a major pay gap between CEOs and average employees. For the third year in a row, the vast majority – 66% — say companies are doing a “poor” job here. Politically, the majority of Democrats (96%), independents (83%) and Republicans (67%) agree that it’s important to avoid major pay gaps. The findings show how the issue of CEO pay strikes a chord among many Americans, some of whom are struggling to make ends meet in an increasingly expensive world.
Persons: Gallup, , Nell Minow, Elon Musk, Tesla, , Cynthia Clark, Bernie Sanders, Elizabeth Warren, “ It’s, Bill George, Medtronic, Hock Tan, William Lansing, George, Dave Calhoun, Dodd, Frank, Clark, ” Minow, Minow Organizations: New, New York CNN, Bentley University, Gallup, CNN, ValueEdge Advisors, Associated Press, , Democrats, Sens, Broadcom, Harvard Business School, Boeing, Congress Locations: New York,
CNN —Shipwreck hunters have found the vessel Quest — once captained by renowned Antarctic explorer Ernest Shackleton — largely intact on the ocean floor, 15 nautical miles off the coast of Canada, the Royal Canadian Geographical Society has announced. Quest carries not only the history of his voyages, but potentially artifacts from expeditions that continued until 1962, when the vessel sank, experts say. Quest sank on May 5, 1962, after being crushed by ice in the Labrador Sea off of Canada, according to the news release. The Quest sank on May 5, 1962, after being crushed by ice in the Labrador Sea off of Canada. “He’s just an excellent example of a leader who made himself and his team capable of making the impossible possible.”It is noteworthy that a handful of men on Shackleton’s Quest expedition were also on Endurance’s expedition turned survival mission, Koehn said.
Persons: , Ernest Shackleton —, Shackleton, Sir Ernest Shackleton, , John Geiger, “ Shackleton, David Mearns, Quest, Ernest Shackleton, ” Geiger, Mearns, , Ernest Shackleton’s, Nancy Koehn, “ He’s, Koehn, we’re Organizations: CNN, Royal Canadian Geographical Society, Quest, South Atlantic, Central Press, Hulton, Harvard Business School Locations: Canada, Antarctica, Georgia, South, Rowett, Cape Town, South Africa, London, Norwegian, Labrador, Weddell, South Georgia
That's normal, Joseph Fuller, a Harvard Business School professor and co-chair of the school's "Managing the Future of Work" initiative, tells CNBC Make It. A common career mistake people make that can leave you "burned out and unhappy," he adds, is not being honest about your priorities and the trade-offs you're willing to make at work. Finding a job where you have a sense of control and are excited about the work you're doing can help you stay motivated and ward off burnout, Fuller adds. The other trick to finding career satisfaction is to work your core values into your day-to-day responsibilities. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Joseph Fuller, Fuller Organizations: Harvard Business School, CNBC
The US is poised to see an epic stock market crash next year, according to Harry Dent. AdvertisementThe stock market could be in for a steep correction, resulting in a crash even worse than what investors saw during the Great Financial Crisis, according to economist Harry Dent. "Hero" stocks, like chipmaker Nvidia, could drop as much as 98%, he said, implying a multi-trillion market crash. "We've got to see a crash of about 40% to say, okay, the bubble's finally let off the steam. "This is really the second tech bubble version," he added, referring to the dot-com bubble in the 2000s."
Persons: Harry Dent, , Dent, We've, " Dent Organizations: Service, Harvard Business School, Nasdaq, Nvidia, Fox Business Network
AdvertisementWill Merchan sentence Donald Trump to jail? Merchan will not sentence Trump to prison, the four agreed. Merchan could theoretically sentence Trump to as little as a single day in Rikers, said Kamins, now in private practice at Aidala, Bertuna & Kamins. But even in the unlikely event of a low-jail sentence, Trump's appeals would keep him at liberty for years, all four judges said. "I certainly don't know what the right decision is, or what Judge Merchan will do," Obus told BI.
Persons: , Donald Trump, Will, Juan Merchan, Trump, blunts, Attorney Alvin Bragg, Bragg, Jane Rosenberg, Michael Obus, Barry Kamins, Charles Solomon, Solomon, Shannon Stapleton, Kamins, Richard Drew Appeals, — Obus, Trump's, Ted Cruz, Joshua Steinglass, Obus, I've, Ron Kuby, Kuby, Merchan, STEVEN HIRSCH, Judge Merchan, Susan Necheles, Stormy Daniels, Jane Rosenberg Merchan, Rehashing, he's Organizations: Service, Will New, Business, Attorney, REUTERS, New York, New, New York City, BI, Trump, Manhattan, Republicans, AP, National Enquirer, Getty Images, Harvard Business School, Reuters, Manhattan Criminal Locations: Rikers, Manhattan, New, New York, Brooklyn, , New York, New York's, Aidala, United States, Florida, Washington
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