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"When I was your age, I didn't believe in vacations. I didn't believe in weekends. I didn't believe the people I worked with should either," said Gates, adding that he didn't realize "there's more to life than work" until he became a dad. Choose consciously, choose wisely, choose honestly. Choose happiness."
Persons: they'd, oncologist Siddhartha Mukherjee, Bronnie Ware, Ware, Chris Evans, I'd, hadn't, you've, Bill Gates, it's Organizations: University of Pennsylvania, British, Billionaire Microsoft, Northern Arizona University, CNBC Locations: Ware
Airbnb CEO Brian Chesky says he has a simple method to help. Chesky's solution: Find two employees who work well together and put them on the same team, he recently told Wharton psychologist Adam Grant's "ReThinking" podcast. It worked so well that I started thinking about this notion of duos in other areas." When you pair people up — putting them on the same team and seeing what happens — consider their approaches to work. In Chesky's case, the idea started as a productivity strategy and turned into something more.
Persons: Brian Chesky, Wharton, Adam Grant's, Chesky, Organizations: Workers
The book focuses on three themes, all of which can help you better understand the people around you, Brooks writes: curiosity, empathy and self-awareness. That's because they're better at taking interest in other people and giving them the floor to share their stories and perspectives authentically, Brooks writes. "Diminishers are not curious about you, they don't ask you questions," Brooks said during a discussion at Colgate University in February. But diminishers often ask questions that aren't open-ended, or use your response as a way to talk about themselves. Then, try to provide some insight, Brooks writes — rounding out the conversation by letting them know you're here for them.
Persons: Bill Gates, David Brooks, Brooks, Gates, diminishers Organizations: New York Times, Colgate University
No matter how much you like your colleagues, don't think of your workplace as a family, says Airbnb CEO and co-founder Brian Chesky. Chesky learned this lesson from experience, he told Wharton psychologist Adam Grant's "ReThinking" podcast in May. In 2020, at the height of the Covid-19 pandemic, Chesky penned a note to employees explaining that the company would conduct layoffs. And it is true that a company's not a family. "We used to refer to ourselves as a family, and then we did have to fire people, or they'd have to leave the company, and you don't fire members of your family," he added.
Persons: Brian Chesky, Chesky, Wharton, Adam Grant's
Everyone's life is different — yet most people still utter one of four common phrases on their deathbeds, according to Pulitzer Prize-winning author and oncologist Siddhartha Mukherjee. Each of the phrases offers an important lessons for leading a fulfilling and successful life, Mukherjee said during a commencement speech at the University of Pennsylvania last week. The phrases are:I want to tell you that I love you. You're living in a world where love and forgiveness have become meaningless, outdated platitudes ... Just make sure you actually mean words like "love" and "forgiveness" when you use them, said Mukherjee.
Persons: oncologist Siddhartha Mukherjee, Mukherjee, I've, J, Kim Penberthy, Richard Cowden, Cowden Organizations: University of Pennsylvania, Cancer, of Virginia, Harvard's Institute, Quantitative, Harvard Medical School, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI bought an ice cream shop—now it brings in $1.2 million a yearShawn Allard, 27, quit his job as a dental consultant last year to buy Novel Ice Cream, which owns two Arizona-based ice cream shops. Novel boasts 12 different ice cream flavors, which can be scooped into a standard waffle cone or stuffed between either glazed donuts or Belgian waffles. The business brought in $1.2 million in 2023 sales, according to documents reviewed by CNBC Make It.
Persons: Shawn Allard Organizations: CNBC Locations: Arizona
A broker sent him a listing: The founder of Novel Ice Cream, which owned two local scoop shops in Arizona, wanted to sell. The parties agreed on a $1.1 million purchase price for Novel. "They really liked the idea, and so they graciously put down the $110,000, which was 10% of the purchase price, to buy [it]." Allard bought the scoop shops — located in Phoenix and Mesa, respectively — in August 2023. "I'm living way below my means so I can invest as much as possible back into my business."
Persons: Shawn Allard, Allard, He's Organizations: Small Business Administration, CNBC Locations: Arizona, Phoenix, Mesa
America has a new favorite brand: Nvidia, the computer chip company that's helping power an artificial intelligence revolution. The result is a measurement "of the reputations of companies most on the minds of Americans," Axios wrote on Wednesday. Both Nvidia and second-place 3M — a multi-industry conglomerate based in Maplewood, Minnesota — were the only two companies on the list to score an "excellent" reputation. Other consumer brands from last year's top five — Costco, Trader Joe's and Chick-fil-A — rank 11th, 13th and 21st, respectively. 3 on last year's list, didn't qualify as one of the country's most-visible companies this year.
Persons: Axios Harris, Axios, Harris, Jensen Huang, Huang, Joe's, John Deere Organizations: Nvidia, Fidelity, Sony Adidas, Honda Motor Company Patagonia Apple Samsung, Google, Forbes, Maplewood , Minnesota —, Costco, Trump Organization, Spirit Airlines, Meta, Fox Corporation Locations: America, Maplewood , Minnesota, Patagonia
At the end of his life, Steve Wozniak won't measure his happiness by the size of Apple's market cap or his personal net worth. In his speech, Wozniak recounted an article he once read about ex-Viacom CEO Sumner Redstone. "He was flying around to one city to sell a company for a billion of today's dollars, and then flying to another one ... To have that kind of wealth and power, would you want that when you die?'" The answer was "no," Wozniak continued: "I want to die remembering my pranks, and the fun I had, and funny jokes.
Persons: Steve Wozniak, , Wozniak, Sumner Redstone Organizations: Apple, University of Colorado Boulder, Viacom
The In-n-Out logo is displayed on the front of an In-n-Out restaurant on October 28, 2021 in Pleasant Hill, California. The new ranking doesn't surprise LaShawn Davis, a leadership and workplace culture expert who founded and runs consulting firm The HR Plug. Davis has worked in human resources for more than a decade, and says it's clear why In-N-Out Burger rivals those tech companies when it comes to leadership and culture. "It starts with the CEO," Davis tells CNBC Make It. In-N-Out's CEO is Linsi Snyder, 42, who took over her family's business at age 27 after a series of family deaths.
Persons: Burger, LaShawn Davis, Davis, Linsi Snyder, Snyder, NBC's, Lynsi Snyder, Lynsi Torres, Rod Association's Lucas, Bob Johnson, , Forbes —, Daniel Zhao, who've, Zhao Organizations: Nvidia, CNBC Locations: Pleasant Hill , California, Burger, Redding , California
If you're anywhere past the point of entry-level jobs, Kathryn Bockman has a leadership tactic for you: Reverse mentoring. It's an effective way to build relationships and encourage communication in the workplace, says Bockman, assistant vice president of revenue operations at telecommunications giant AT&T. At its core, the idea is simple — ask your younger colleagues about the strategies they use to do their jobs. Bockman didn't create the idea or coin the term, but she learned its value firsthand when her son Greg — now a senior production manager — was hired by AT&T as an entry-level sales consultant in 2016. The more they talked about work, the more she realized her son was gaining skills and perspectives that she didn't have.
Persons: Kathryn Bockman, It's, Bockman, Greg —, , Greg, Ahmed Mazhari, Pryor Organizations: AT, CNBC, Harvard, Microsoft
Apple co-founder Steve Wozniak, 73, says his parents took the latter approach — and he's happier and more successful because of it. He used the same strategy when raising his own children, he added. "My parents let me follow my heart," he told graduating students at the University of Colorado Boulder last week. "When you really want something, love something and it's your passion, you should have your parents supporting you going in your direction. Now, Wozniak provides his kids the same kind of support his parents gave him, he said.
Persons: Steve Wozniak, Wozniak, Berkeley —, Steve Jobs, Jobs, Margot Machol Bisnow, Bisnow Organizations: University of Colorado Boulder, De, De Anza College, University of California, Berkeley, Apple, CNBC Locations: California, De Anza, Berkeley
Our new online course Become an Effective Communicator: Master Public Speaking is available for preregistration starting May 15 as part of the Smarter by CNBC Make It online learning series. , speech consultant and author of "I Have Something to Say: Mastering the Art of Public Speaking in an Age of Disconnection." Noah Zandan , CEO and cofounder of Quantified.ai, which has analyzed more than 250,000 videos to determine how to use tone, authenticity and body language to become a better communicator. , CEO and cofounder of Quantified.ai, which has analyzed more than 250,000 videos to determine how to use tone, authenticity and body language to become a better communicator. DON'T MISS: The ultimate guide to earning passive income online
Persons: You'll, Ashton Jackson, John Bowe, Noah Zandan, Chamin Organizations: preregistration, CNBC
Become an effective communicator: A CNBC Make It course
  + stars: | 2024-05-15 | by ( ) www.cnbc.com   time to read: 1 min
CNBC Make It is launching a new digital course, which will teach you how to communicate effectively. In this course, you'll learn how to speak clearly and confidently, calm your nerves and deliver your message to achieve your goals. The full course will be live starting May 22, 2024. Preregister today and save 30% with a limited-time introductory offer. The course is hosted by CNBC Make It success reporter Ashton Jackson and features speech consultant and author John Bowe, CEO and cofounder of Quantified.ai Noah Zandan, and licensed psychotherapist Chamin Ajjan as instructors.
Persons: Ashton Jackson, John Bowe, Noah Zandan, Chamin Ajjan Organizations: CNBC Locations: Preregister
Warren Buffett's Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. "To be truly successful, to do anything great, you have to use your strengths,. "So I think you need both to be truly successful," he says. Find what motivates youThere are two types of motivation, George says: extrinsic motivation, like a comfortable salary, and intrinsic motivation, like enjoying a job where you get to help people every day. Becoming more successful can start with figuring out your own intrinsic and extrinsic motivations, says George.
Persons: Warren, Berkshire Hathaway, Warren Buffett, Bill George : Buffett, George, Zach Clayton, Buffett, Forbes, Buffett didn't, Hone Organizations: Mitsubishi Corp, Mitsui & Co, Sumitomo, Harvard University, Berkshire, Harvard Business School, CNBC
Highly successful people often have at least one trait in common, psychologists say: Their inner monologues are positive and optimistic. Here are three toxic phrases that successful people never say to themselves, according to psychologists and public speaking experts. 'I'm not worthy of my success'More than 80% of people face feelings of impostor syndrome in their lives, research shows. This can prompt you to use phrases like "I'm not worthy of my success" or "I don't deserve this," according to Christina Helena, a public speaking expert and TEDx speaker. "Ask yourself: 'Why do I believe I don't deserve this?'
Persons: I'm, Christina Helena, Helena, you've, Emma Seppälä, Seppälä Organizations: CNBC, Yale University
Samantha Coxe's business idea came from a relatable experience: lying to her dentist about flossing regularly. Coxe sought $250,000 for 5% of her company, which brought in "about $900,000 in sales" over the 12 months prior to filming, she said. The show's investor judges tried out the Flaus flosser, calling it "cool" and complimenting its peppermint flavor — but they wanted to learn more about the numbers. It costs us about $10 to make," Coxe told them. Right now, it's built for adults — but Coxe said a version for kids is "the next product we're coming out with."
Persons: Samantha Coxe's, flossing, Coxe, Flaus, it's,
The best strategy for tackling those moments of stress actually involves some preparation: Highly successful people get ahead of their unsteadiness with a key mindset shift, according to Lisa Feldman Barrett, a neuroscientist, author and psychology professor at Northeastern University. They don't see stress as something bad to be overcome, but instead as something natural that can be managed. Instead, she recommends doing exercises beforehand to practice doing what unnerves you, and to help train yourself to understand and handle the stress differently. "It's a shift from making the sensation go away to getting better at performing while I'm feeling the sensation," he said. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Lisa Feldman Barrett, Barrett, Wharton, Adam Grant's, Ted, Grant, speck, ted Organizations: Northeastern University, CNBC
Some people start businesses in their parents' garages or basements. Jensen Huang started his trillion-dollar tech company Nvidia while eating at a Denny's restaurant in San Jose, California, he recently told CBS' "60 Minutes." Nvidia, one of the chipmakers behind the burgeoning artificial intelligence industry, is currently worth $2.22 trillion, ranking it among the most valuable companies in the world. But in 1993, it was a business idea shared by three friends and engineers — Huang, Chris Malachowsky and Curtis Priem — who wanted to revolutionize gaming and media with 3D graphics. In 1993, the trio met at the Denny's location, Huang said.
Persons: Jensen Huang, — Huang, Chris Malachowsky, Curtis Priem —, Huang Organizations: Nvidia, CBS Locations: San Jose , California
The more mentally resilient you are, the more quickly you can recover from challenges or persist in the face of them, according to Wharton psychologist Adam Grant. Here are three habits that can help you become highly resilient, experts say:Tend and befriendIf your typical response to stress is to get away from it or shut down, you're not alone. But resilience is all about finding ways through life's stressors and learning from them, and creating social connections can help. "We all know about fight-or-flight — the stress response that can occur when we encounter a perceived threat," executive coach and author Jason Shen wrote for CNBC Make It in March. "But social scientists have uncovered a different and equally important stress response called 'tend-and-befriend,'" which involves seeking contact with others when you're facing a tough situation.
Persons: Adam Grant, Wharton, Jason Shen, Shen, Justin McDaniel —, McDaniel Organizations: Massachusetts Conference, Boston Convention Center, American Psychological Association, CNBC, Facebook, University, Pennsylvania Locations: Boston , Massachusetts
Masterson is the founder of skincare brand Drunk Elephant, which launched in 2013 and sold to Japanese beauty company Shiseido in 2019 for a reported $845 million. At the very beginning, her friends and family thought she was making a huge business-killing mistake — with her company's name. "So the implication was they eat the fermented fruit [and] they'd get tipsy." She thought Drunk Elephant went perfectly with her quirky personality, but those closest to her thought she was insane, she said. Masterson also suspected the group would hate it, and other industry professionals would try to change her mind, she said.
Persons: Tiffany Masterson, Masterson, Locations: South Africa
Jeff Bezos doesn't let his responsibilities — executive chairman of Amazon, owner of Blue Origin, being a billionaire investor — get in the way of his slow-moving morning routine. This appeared to shock Fridman, who'd just called Bezos "one of the most productive humans in the world." "I'm not as productive as you might think I am," Bezos responded, in an episode first released in December 2023. The morning routine coincides with Bezos' philosophy to embrace wandering, or doing things aimlessly. His time for his morning routine comes from waking up early.
Persons: Jeff Bezos doesn't, , Lex Fridman, who'd, Bezos Organizations: Amazon
Having an idea that you believe could become a lucrative business can bring a rush of excitement. Forvr Mood products can be found in Sephora stores nationwide, and sell direct-to-consumer via their website. Forvr Mood sold $700,000 worth of products within the first four hours of its launch, the company told Women's Wear Daily. "And when we started Forvr Mood, we started with candles and I was like, if [customers] are not here for it, I will be burning these candles by myself. Still, just because you're passionate about something doesn't mean it's a good business idea in and of itself.
Persons: Jackie Aina, Aina, fiancé, Denis Asamoah, Women's, DeAndre Brown, We're, Mark Cuban's Organizations: Amazon Insights
Jeff Bezos doesn't jam-pack his schedule or set strict time blocks for all his meetings. "I don't keep to a strict schedule," Bezos said, in an episode first released in December 2023. "My meetings often go longer than I plan for them to, because I believe in [mind] wandering." "When I sit down [in] a meeting, I don't know how long the meeting is going to take if we're trying to solve a problem," Bezos said. He added that "a lot of people feel like wandering is inefficient," but studies show that a divergent mind can actually boost a person's productivity, creativity and happiness.
Persons: Jeff Bezos, , Forbes —, Lex Fridman, Bezos Organizations: Origin
So, whether you want help recognizing the toxic employees around you — or you'd like to avoid becoming one yourself — watch out for these three red flags, CEOs say. The entitled employeeDon't ever act like you're owed a promotion or raise, says Tom Gimbel, CEO of staffing and recruiting firm LaSalle Network. "[People who say] 'I'm only going to do what's in my job description, I'm not going the extra mile, I'm not going to commit time to this' and expect to be rewarded" aren't desirable employees, Gimbel tells CNBC Make It. Sometimes, employees are caught off-guard when colleagues with less tenure get promoted first, but time alone doesn't entitle anyone to a promotion. When the employee turned in the work, it contained a noticeable error — and they blamed Fox, saying her instructions were unclear.
Persons: Tom Gimbel, I'm, Gimbel, Talia Fox, Fox Organizations: Society of Human Resource Management, LaSalle Network, CNBC, KUSI
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