DIRS.INFO The most relevant business & tech news

☆ 21-year-old ran his side hustle from his parents’ apartment—now it brings in over $500,000 a year
▼ + stars: | 2023-10-31 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

Today, the very same side hustle, called Invalid.jp, brings in more than $500,000 per year . A popular video of Invalid.jp's light-up stickers, posted in 2022, led to $38,000 in sales in a single day, Siu says. "A lot of times, people I talk to trying to start businesses only try for four or five months and [quit when] it doesn't work," Siu tells CNBC Make It. You can figure out what's trending by looking on Amazon or TikTok, or you can film and post videos and see if it goes viral. When you're doing a side hustle, you're going to be working 24/7.

Persons: Siu, Jason Siu, they've, He's, TikTok, he's, I've, Warren Buffett Organizations: University of Hawaii, CNBC Locations: Manoa, Honolulu ., AskMakeIt@cnbc.com

☆ Self-made millionaire: If you want a 'game-changing' side hustle or business, study this one CEO very closely
▼ + stars: | 2023-10-25 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

Plenty of side hustles and businesses become lucrative because they fix an unsolved problem, or improve something that already exists. If that seems easier said than done, there's a simple solution: Study people who've fixed other unsolved problems before, self-made millionaire and RSE Ventures CEO Matt Higgins said at the CNBC Make It: Your Money virtual event last week. Higgins pointed to one particular billionaire as an example: Airbnb CEO Brian Chesky, who accidentally co-founded his company while brainstorming ways to pay rent in 2007. Chesky and one of his co-founders booked out air mattresses to strangers who were in San Francisco for a design conference. Pay attention to your surroundings, and ask yourself if your solutions to everyday problems are replicable, Higgins said.

Persons: Matt Higgins, Higgins, Brian Chesky, Uber Organizations: RSE, CNBC Locations: San Francisco

☆ Move over, Peloton. Rucking is the newest fitness craze in Silicon Valley and beyond.
▼ + stars: | 2023-10-23 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +10 min

Memon, who cofounded the artificial-intelligence healthcare startup Eureka Health, credits rucking with conditioning his body to keep up with his high-energy pup. Memon hiking around the Bay Area with a weighted backpack. She told Insider she'd seen an uptick in people interested in adding rucking and weight training to their outdoor activities like trail running and hiking. He doesn't ruck outside but wears a weighted vest purchased from Amazon while completing his routine in the gym, which includes time on the StairMaster as well as lifting traditional weights. The venture capitalist Zamir Shukho's dog, Lord Lincoln, wears a weighted vest on walks.

Persons: Zain Memon, Joy, Zain Memon Memon, Memon, It's, —, Henry Merriam, REI, Wilson Kriegel, — Kriegel, Wendy Winn, she'd, Winn, Charlie Hale, I'm, Amanda Bradford, rucking, She's, Bradford, I've, Zamir Shukho's, Lord Lincoln, Zamir Shukho, begrudgingly, Vibranium.VC Organizations: Eureka Health, US Army, National Parks Service, Amazon, Group Locations: Buena Vista, Sutro, San Francisco, Silicon, TikTok, North, New York City, New York, Los Angeles, Austin , Texas, Bird, American Staffordshire

☆ 55-year-old whose backyard side hustle brought in nearly $20,000 in a month: ‘Anyone can do this’
▼ + stars: | 2023-09-30 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

It took Rodney Melton just over a year to build a six-figure side hustle. In March 2021, Melton started molding, engraving and selling headstones for pet memorials on Etsy. He'd long worked with concrete and stone as a hobby, while working 60 hours per week as a maintenance lead at Mars Pet Care. In May 2022, his Etsy shop brought in nearly $20,000, and Melton left his full-time job. Last year, the four-person operation brought in more than $207,000 on Etsy, according to documents reviewed by CNBC Make It.

Persons: they've, Rodney Melton, Melton, Carlos, Molly, Kristen, We've Organizations: CNBC, Mars, Melton Locations: AskMakeIt@cnbc.com, Alma , Arkansas, Ozark, —, Melton

☆ A financially independent, 32-year-old options trader who started investing in high school shares 2 strategies that helped him return 25% a year on average for the past 5 years — and 52% in his best y
▼ + stars: | 2023-09-28 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Erik Smolinski started working odd jobs, anything from splitting wood to selling Christmas trees, as early as 12. Since he started trading as a teen in 2007, he's only posted two negative years: his first two years. Setting a specific return goal also helps keep him focused during his red-hot years. He created detailed trading logs and plansAs an active trader, Smolinski believes that having both a trading plan and a trading log are essential. It's titled "Wealth Development and Trading Plan" and is broken out into various sections, including "strategy outlines."

Persons: Erik Smolinski, Smolinski, —, Mel, he's, that's, I'm, he'll Organizations: Apple, Netflix, Marine Corps Locations: San Diego, San Diego , California

☆ World Bank chief sees $100 bln-plus lending boost from capital moves
▼ + stars: | 2023-09-26 | by ( David Lawder | ) www.reuters.com time to read: +4 min

Ajay Banga, World Bank president, participates in global infrastructure and investment forum in New York, Thursday, Sept. 21, 2023. They would include U.S. President Joe Biden's proposed $2.25 billion supplemental budget request for the World Bank, along with expected contributions from Germany, Japan, South Korea, Saudi Arabia and Nordic countries, he said. The bank is also examining other ways to expand lending, including providing more loan guarantees, lending against callable capital that is pledged but not paid-in, and special bonds that can serve as hybrid capital. China, India and Brazil got larger shareholdings in the bank in a 2018 capital increase and would likely want more say in a future capital increase, Banga said. "That is a pimple on a dimple on an ant's left cheek compared to what we need in the world," Banga said.

Persons: Ajay Banga, Seth Wenig, Banga, Joe Biden's, I'm, David Lawder, Paul Grant, Rosalba O'Brien Organizations: World Bank, Bank, Foreign Relations, International Development Association, MasterCard, CFR, Bank for Reconstruction, Development, Thomson Locations: New York, Germany, Japan, South Korea, Saudi Arabia, U.S, Marrakech, Morocco, United States, China, India, Brazil

☆ If you have one of these 10 jobs, AI has some of the skills to replace you
▼ + stars: | 2023-09-22 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

Here are 10 popular jobs with skills most replicable by AI, according to ChatGPT itself. The jobs site Indeed analyzed GPT-4's ability to perform skills required for these common jobs. About 20% of jobs were highly exposed — meaning the AI could perform at least 80% of the skills. The main takeaway: Some theoretical AI skills don't translate well when it comes to actually doing a job. AdvertisementAdvertisementAmong the 25 most common jobs, here are the 10 roles that were most exposed to generative AI, per Indeed.

Persons: Cory Stahle, Stahle, Sam Altman, GPT, ChatGPT, it's Organizations: Service Locations: ChatGPT, Wall, Silicon

☆ Apple's plan for climate-friendly watches: Clean energy in factories
▼ + stars: | 2023-09-12 | by ( Stephen Nellis | ) www.reuters.com time to read: +4 min

The biggest single reduction in the emissions from the new watches came from using clean electricity to manufacture them. Apple on Tuesday said that 300 of its suppliers have now committed to using clean energy for Apple production. But another emissions source was Apple's speedy transportation network, which relies heavily on planes. The company has said previously that a Series 8 watch created 33 kg (73 lb) of carbon emissions, from raw materials to delivery to end customers. Apple has been focused on cutting carbon emissions for some time.

Persons: Steve Jobs, Loren Elliott, Lisa Jackson, Jackson, John Ternus, Apple, Stephen Nellis, Peter Henderson, Lisa Shumaker Organizations: Steve, Apple, REUTERS, Rights, Reuters, Thomson Locations: Cupertino , California, U.S, Rights CUPERTINO , California, China

☆ The one job AI should actually replace: CEOs
▼ + stars: | 2023-09-11 | by ( Ed Zitron | ) www.businessinsider.com time to read: +12 min

The only job that seems to be safe from the rise of ChatGPT and other AI tech is, oddly enough, the most expensive and easily automated role: CEO. Let's replace our CEOs with AI. Actually, AI is too advanced for that job, all you need is a Fisher Price tape recorder loaded up with a bad bunch of ideas." What better way can we hold a chief executive accountable than making sure they actually execute? Or perhaps the chief executives need to be far more afraid of losing their jobs to equally capable robots.

Persons: Scott Seiss, Fisher, it's, I'm, Proctor, A.G, Lafley, isn't, doesn't, Elon, David Zaslav, Zaslav —, Zaslav, shelve, I'd, Said, Ed Zitron Organizations: Harvard, Gamble, TSR, Warner Bros, Hollywood, Alliance, Television Producers Locations: Let's, California

☆ 28-year-old's side hustle makes up to $113,500 per year—and it only costs $50 to start
▼ + stars: | 2023-08-30 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

It was 2017 and Osborne realized he could get paid to advise high school seniors on their college admissions essays. He went back to that mentor for help getting the side hustle off the ground. The upside: The side hustle costs almost nothing to start, he says. Here, Osborne details how he started and maintains his six-figure side hustle:CNBC Make It: Do you think your side hustle is replicable? How do you help students improve their essays without making it yours?

Persons: they've, Carter Osborne, Osborne, There's, you've, who's, I'm, I'd, Warren Buffett Organizations: CNBC, Stanford University Locations: Seattle , Washington

Yeah, you’re going to need one of those fancy pizza ovens to replicate this in your home. I think right now, every media company in the world is trying to figure out what replaces Twitter. And they say, you’re going to about to make the easiest money you’ve ever made in your entire life. You’re going to have more people beating a path down your door than you thought was possible. We now have Ubers that are so — I don’t know if you’ve looked at your Uber receipts recently.

Persons: kevin roose I’m, casey newton, kevin roose, casey newton They’re, kevin roose Gang, casey newton Oh, let’s, Kevin Roose, ” casey newton, Casey Newton, —, Casey, casey newton Mhmm, it’s, kevin roose I’d, you’re, you’ve, — casey newton, Sam Altman, casey newton Isn’t, that’s, Silly Putty, I’m, casey newton Well, Kevin, what’s, kevin roose Totally, casey newton I’ll, Unobtainium, James Cameron, You’ve, Meissner, we’re, There’s, they’re, casey newton Here’s, Twitch, kevin roose There’s, Iris_IGB, she’s, there’s, casey newton There’s, Russia she’s, I’ve, They’ve, hasn’t, ChatGPT, Claude, They’re, hydroxychloroquine, Joe Rogan, Bravo, “ Fortnite, casey newton That’s, we’ve, casey newton Kevin, India Venom, Lydia Tár, we’ll, don’t, casey newton Sure, ”, Joe Biden, casey newton I’m, casey newton Mike Masnick, he’s, Mike, — casey newton Look, who’d, It’s, HatGPT, kevin roose —, casey newton We’re, Rupert Murdaugh, Beast, James Donaldson, Jimmy Donaldson, a.k.a, Beast — casey newton James, Uber, Beast Burger, Burger, We’re, Meta, Abraham Lincoln, Facebook — Abraham Lincoln, casey newton It’s, kevin roose Oh, Abraham —, roose, casey newton Greg Rutkowski, Greg Rutkowski, Greg Rutkowski’s, Greg, You’re, casey newton Wow, Elon Musk, San Francisco NIMBYs, Don’t, kevin roose It’s, you’re Uber Organizations: Mmm, casey newton Mmm, The New York Times, Quantum Energy Research Center, collider, Twitter, Capitol, Federal Trade Commission, Netflix, Heritage Foundation, Republican, Democrats, Republicans, California, Tax, Facebook, YouTube, HatGPT, BBC, WordPress, Health Department, Financial Times, Ford Theater, ” Workers, San, Wall Street Locations: Seoul, Russian, Russia, India, KOSA, SESTA, The, Kashmir, tooting, Washington, San Francisco, Ha, Canada

☆ If Elon Musk understood anything about China, he'd know his attempt to make X a super app like WeChat is doomed to fail
▼ + stars: | 2023-07-31 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +7 min

Elon Musk thinks turning X into an everything app like WeChat could make the company profitable. Elon Musk may be going all in with his plan to turn X into an everything app in the vein of China's WeChat. In fact, Musk gave us all some insight into what X might one day look like when he expressed his admiration for China's everything app, WeChat, last summer. We don't have anything like that outside of China," Musk continued. Even foreigners would be hard pressed to make their way around China without using the WeChat app to make simple purchases.

Persons: Elon, Musk, WeChat, HECTOR RETAMAL, he's, —, Feng Kaihua, Tencent, China's Didi Chuxing, doesn't Organizations: Morning, PayPal, Twitter, Getty Images, Facebook, Getty, Netflix, YouTube Locations: China, AFP, Xinhua

When you think of cat food, coral reef restoration may not be the first thing that comes to mind. More coral today, more fish tomorrowIn 2019, the SHEBA brand began its work on Hope Reef, part of a global movement to help restore coral reefs around the world. Unveiled in 2021, Hope Reef — located off the coast of Sulawesi in Indonesia — is one of the world's largest repaired coral reefs. For Kuleana Coral Reefs, responsibility is even in the name. Thanks in part to the SHEBA brand's support, Kuleana Coral Reefs is restoring damaged coral reefs throughout the Hawaiian archipelago so they can persist naturally and without further human intervention.

Persons: Hope, SHEBA, one's Organizations: Google, National Ocean Service, Smithsonian, Global Seafood Alliance, SHEBA, Insider Studios Locations: Hope, Sulawesi, Indonesia, United States

☆ 47-year-old mom's 'totally passive' side hustle makes $2,700 a month: When I don't work, ‘the money still keeps coming in'
▼ + stars: | 2023-06-29 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Last November, Andreea Matei made money from her Amazon side hustle for the first time. They've earned her $21,700 in eight months, an average of $2,700 per month, according to documents reviewed by CNBC Make It. "I have not had any time to make videos this week, and the money still keeps coming in." Matei discovered the program while watching a YouTube video called "the world's easiest side hustle." Matei says the side hustle keeps her from getting burned out at her day job, and the extra cash is obviously nice.

Persons: Andreea Matei, Matei, she's, They've, she'd, Warren Buffett Organizations: Amazon, CNBC, Facebook, YouTube Locations: Fort Collins , Colorado

☆ 32-year-old turned Airbnb rental into a $205,000-a-year side hustle—here's a 'large part' of what made it successful
▼ + stars: | 2023-06-28 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

Jamie Inlow started out with an idea, no business or real estate experience, and a $2,000 gift from her neighbor. By 2021, Inlow and one full-time staffer managed 30 listings, bringing in $205,000 in revenue. Much of that money went toward maintenance, repairs and adding properties to Be Still Getaways' portfolio. It brought in $2.28 million in revenue last year on Airbnb and rental platform Eviivo, according to documents reviewed by CNBC Make It. There's a huge need for short-term rental property managers, so if you want to do it, do it.

Persons: they've, Jamie Inlow, Inlow, Getaways, —, she'd, it's, I'm, What's, Warren Buffett Organizations: CNBC, University of Virginia, Revenue Locations: Scottsville , Virginia, Airbnb, Virginia

☆ World Bank's new chief wants 'better bank' before pushing for bigger bank
▼ + stars: | 2023-06-15 | by ( David Lawder | ) www.reuters.com time to read: +4 min

"I think a better bank is an important thing" to achieve. "And then I earn the right to come back ask for a bigger bank," he said. The bank's current mission statement refers to ending extreme poverty within a generation and promoting shared prosperity. This includes promoting more inclusion of women and youth in the bank's development work, with a strong emphasis on job creation. On several occasions during visits in Peru and Jamaica, Banga said the various divisions of the World Bank Group needed to work together better as "one bank," saving countries the difficulties of dealing with them separately, and speeding its approval processes.

Persons: Ajay Banga, Banga, Janet Yellen, David Lawder, Sonali Paul Organizations: Reuters, U.S, Treasury, World Bank, Bank, Thomson Locations: MANDEVILLE, Jamaica, Peru

☆ Gucci-Owner Kering, Drugmaker GSK and Others Are Developing Global Targets on Nature Loss
▼ + stars: | 2023-05-25 | by ( Dieter Holger | ) www.wsj.com time to read: +6 min

Luxury group Kering and biopharma company GSK are among more than a dozen companies preparing targets to develop a gold standard for how businesses can protect nature. Yet the issues surrounding nature loss are complex and many companies are unsure how to measure it or what to do. The Taskforce on Nature-Related Financial Disclosures, a business-backed effort to protect biodiversity, is working on a reporting framework, and SBTN is developing standards to evaluate companies’ nature targets. “We expect that the landscapes will be similar [to the ones under the SBTN targets], ” Gonçalves Krebsbach said. In 2020, GSK started to map out stressed water basins in its supply chain.

☆ Scientists propose long Covid definition based on key symptoms in large study
▼ + stars: | 2023-05-25 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

South_agency | E+ | Getty ImagesScientists funded by the federal government have proposed a definition of long Covid based on symptoms identified in a large study published Thursday in the Journal of the American Medical Association. The scientists assigned points based on how much each symptom distinguished participants with long Covid from those who did not catch the virus. There are no tests that can diagnose long Covid based on markers in the blood. Scientists participating in RECOVER are trying to understand the underlying biology that causes long Covid, which could potentially lead to such tests in the future. Horwitz said the proposed definition could help create a rubric to diagnose patients with long Covid in a manner similar to Lupus.

☆ CEO coach shares the No. 1 reason you buckle under pressure—and 4 ways highly successful people avoid it
▼ + stars: | 2023-05-11 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

Your decisions go awry when you allow the pressure of the moment to affect you, says Mailander. Know your blind spotsForming a network of devil's advocates can help you avoid blind spots. Mailander says one of his clients, a startup, uses a quarterly blind spot check-in exercise to avoid that fate. In other words, pressure decisions become more manageable when you can break them down into replicable steps. Look at how commanders of nuclear submarines prepare, Mailander says: They have to anticipate future problems, design processes to handle them and practice them until they become routine.

☆ Adele Roberts: Radio DJ breaks record for fastest woman with an ileostomy to run the London Marathon
▼ + stars: | 2023-04-24 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —British radio presenter Adele Roberts became the fastest woman to complete the London Marathon with an ileostomy, running the distance in just over three and a half hours on Sunday. The Guinness World Records awarded Roberts with a framed certificate at the finish line, writing on Twitter: “Adele Roberts completed the fastest marathon with an ileostomy (female) in 3:30:22. “Thank you to every single person who has helped make today possible,” Roberts wrote on Instagram after the race. “This means I currently have no use of my large colon,” Roberts wrote on her fundraising page. Roberts was one of thousands of runners to complete the London Marathon on Sunday which raised millions for charitable causes.

☆ From black to green: How an oil-and-gas company pivoted to embrace wind energy — and is now raking in billions
▼ + stars: | 2023-04-13 | by ( Freya Graham | ) www.businessinsider.com time to read: +11 min

Like Sykes, it made a transition from black to green — and in doing so, it demonstrated it's possible for big energy companies to pivot to clean energy. To limit the influence of climate change, those emissions need to rapidly decrease — which means that big energy companies need to change their operations. A 2022 study found that 51% of the world's biggest publicly listed energy companies had not set out a strategy to reduce their emissions. Shell, for example, says it has about 50 gigawatts of renewable energy in operation, under construction, or in development. "If we could do the energy transition without them, I wouldn't be doing this," van Baal added.

☆ I transform garages into upscale apartments so homeowners can rent them out and make passive income
▼ + stars: | 2023-03-29 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +6 min

So I designed a product that's modular — that can go inside a garage — and San Jose preapproved it. Then they are trucked to the site of the garage, along with the wall panels, and installed inside the garage. So far, I've built four units — with five more in the pipeline — throughout San Jose, San Mateo, and Mountain View. The floors are cork and bamboo, and there are solid-core barn doors inside the units. I really started doing this as a way to to solve a problem.

☆ We run a senior-living center and are building a tiny home village so dozens of our employees can afford to live where they work
▼ + stars: | 2023-03-16 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +7 min

Maggie and John Randolph are building affordable housing in their Southern New Hampshire community. Now, they are going beyond that and building affordable housing for the community. The cool thing is those tiny homes will allow us to go well beyond our staff needs — we'll be able to start to support the community. John and Maggie Randolph in front of one of their tiny homes. If we don't build affordable housing, we're going to lose a lot of high school graduates and college graduates.

☆ 33-year-old who brought in $467,000 in 13 months renting out his boats: 3 skills you need to start a lucrative side hustle
▼ + stars: | 2023-03-08 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

He started a chartering business called SeaEO Nautical Ventures, initially intending to just cover the boat's payments. It's like an Airbnb business: If you start renting a house without the proper permits, you're going to get fined. It takes a lot of talking to people and working with my lawyer to really understand how to be legally compliant. I've actually gotten to the point where I'm really bored. When you really understand sales, you know there's only two reasons people buy things: to fix a problem, or because they love something.

☆ Mark Cuban found a car abandoned on the side of the road — and got it for free with a simple phone call
▼ + stars: | 2023-03-05 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

He even got one for free, Cuban told Bill Maher on a December episode of the Club Random Podcast. He had to hitch rides with friends until, one day, they found an abandoned car on the side of the road. "I knew from my own personal experience that someone had abandoned [the car], because they couldn't make the payment," Cuban said. At age 24, Cuban lived in a three-bedroom apartment with five roommates, he wrote in a 2009 blog post. Still, his riches didn't change his spending habits "all that much," he told Money.

Search resuls for: "replicable"

25 mentions found