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☆ Netflix co-founder says this weekly ritual keeps him successful: I’ve done it ‘for over 30 years’
▼ + stars: | 2024-06-13 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

Netflix co-founder Marc Randolph's greatest source of pride isn't helping to launch the streaming giant. In the post, which Randolph also published on LinkedIn last year, he wrote that the boundary helped him put work in perspective. "The thing I'm most proud of in my life is not the companies I started," wrote Randolph, who currently sits on a variety of company boards, including Solo Brands. Randolph's family-prioritizing goal may have helped him succeed professionally, too: Setting boundaries between your work and personal life can prevent burnout, experts say. Even Randolph hasn't been immune to breaking his own rule, he wrote in a post on Substack in February.

Persons: Marc Randolph's, Randolph, Randolph hasn't Organizations: Netflix, LinkedIn, Solo Brands Locations: Substack

☆ 35-year-old making $11,400 a week in passive income: The 3 questions I asked myself before quitting my day job
▼ + stars: | 2024-06-10 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

Hogue was a senior web developer at a nonprofit called CharityEngine and an adjunct web developer professor at George Mason University in northern Virginia. In 2018, those businesses out-earned his full-time income: He made nearly $135,600. In retrospect, he could've done both sooner, he adds: The more time you dedicate to building passive income streams, the more money you can make. Now, Hogue makes $11,400 per week in mostly passive income, according to documents reviewed by Make It. Here's his advice on when to leave your full-time job in favor of a side hustle, and when it's smarter to stay.

Persons: Ryan Hogue's, hustles, Hogue, —, CharityEngine Organizations: George Mason University, CNBC Locations: Virginia

DON'T MISS: The ultimate guide to becoming a master communicator and public speaker"[The class] certainly had the biggest impact in terms of my subsequent success," Buffett told Segal. Professionals can still benefit from the lessons Buffett used in that public speaking course, Dale Carnegie CEO Joe Hart told CNBC in 2019. Don't spend ten minutes or ten hours preparing a talk: Spend ten weeks or ten months. Refer to brief notes, Carnegie suggested, because reading from a script can keep you from being present. Take CNBC's new online course Become an Effective Communicator: Master Public Speaking.

Persons: Warren Buffett, Buffett wasn't, Gillian Zoe Segal, Buffett, Segal, Dale Carnegie, Joe Hart, Carnegie, Hart, that's, Jot Organizations: Berkshire Hathaway, CHI, Center, CNBC, Columbia Business School, Dale Carnegie Training, Win, Carnegie Locations: Omaha , Nebraska

☆ ‘Becoming Karl Lagerfeld:’ A flattering sketch of the controversial designer
▼ + stars: | 2024-06-03 | by ( Caitlin Chatterton | ) edition.cnn.com time to read: +7 min

In “Becoming Karl Lagerfeld” he is brooding, combative and ambitious, sure — but we are equally encouraged to root for him. Despite Dietrich’s protestations, the creators of “Becoming Karl Lagerfeld” seem to side with their muse. Parisian fashion in the 1970s was, “Becoming Karl Lagerfeld” suggests, a scene broadly gatekept by a handful of squabbling men. "Becoming Karl Lagerfeld" intends to plunge the viewer into the heart of 1970s Paris, Monaco and Rome, to "follow the formidable blossoming of this complex and iconic personality," say the show notes. “Becoming Karl Lagerfeld” is, stylistically, a luxurious tribute to ‘70s flair: gorgeous to look at and offering an aggressively humanized look at some of fashion’s biggest names.

Persons: CNN —, Karl Lagerfeld, Daniel Brühl, Jacques de Bascher, Théodore Pellerin, “, ”, Kaiser Karl, Bascher, —, Yves Saint Laurent, Arnaud Valois, King, King Louis XIV, Lagerfeld, Caesar Flickerman, Stanley, Chuck Bass, Ed Westwick, Chanel, Jean, Claude Sauer, Gaby Aghion, Agnès Jaoui, Karl Lagerfeld ”, Saint Laurent, fawning, ” Karl Lagerfeld, couturier Pierre Balmain, ullstein, Marlene Dietrich, Sunnyi Melles, Dietrich, –, Charles Frederick, Worth, ” Claire Wilcox, ” Worth, Caroline Dubois, Abigail Joseph, — Louis XIV, Joseph, Pierre Larousse’s, Schiaparelli, de Organizations: CNN, Hulu, Metropolitan Museum of Art, German, London’s, Albert Museum, ”, Jour, Disney, Peterborough Express ”, Leitrim Advertiser, Dior, Balmain, Givenchy Locations: France, Chloé, Paris, Monaco, Rome, Worth, Peterborough

☆ America's richest self-made woman went from $900,000 in debt to billionaire—without a college degree
▼ + stars: | 2024-06-01 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

This week, Hendricks topped Forbes' recent American's Richest Self-Made Women list for the seventh consecutive year. Her estimated $20.9 billion net worth comes largely from her roofing materials company ABC Supply, which she co-founded with her late husband Ken Hendricks in 1982. Roofers often bought directly from individual manufacturers, locking them into an ecosystem and allowing manufacturers to drive up prices. They took out a $900,000 loan from Beloit Savings Bank and pledged everything they owned to launch their company and fill that gap, Hendricks said. "We felt like we [roofers] weren't being treated with respect," said Hendricks.

Persons: Diane Hendricks, Hendricks, Ken Hendricks, Ken, Forbes, Roofers Organizations: Forbes, ABC Supply, Beloit Savings Bank

☆ 42-year-old yacht captain's side hustle brings in $124,000 a year: ‘It's the easiest, simplest thing to do’
▼ + stars: | 2024-05-31 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Kelly Gordon used to avoid social media. How much does it cost to start a side hustle on social media? That means I only have so much time for this side hustle when I'm not on the water. Gordon filming social media content. Courtesy of Kelly Gordon

Persons: they've, Kelly Gordon, —, Captain Kelly J, Gordon, DON'T, she's, I'm, Bahamas Kelly Gordon Organizations: CNBC, Facebook, Traction Locations: AskMakeIt@cnbc.com, Indiana, Palm Beach , Florida, Compass Cay, Bahamas

Warren Buffett has words of wisdom for young people early in their careers. Second: In order to reach your goals, hone your communication skills. Developing communication skills is "a modest improvement that can make a major difference in your future earning power, as well as in many other aspects of your life," Buffett told Gillian Zoe Segal in an interview for her 2015 book, "Getting There: A Book of Mentors." It's an "essential" skill, no matter what job you're in, because you need to be "able to get others to follow your ideas," he added. Understanding how to communicate can help you land a job or a promotion, experts say — and "communication" was ranked No.

Persons: Warren Buffett, —, Buffett, Gillian Zoe Segal, Joblist Organizations: Berkshire

☆ America’s richest self-made woman grew up on a dairy farm—now she has a net worth of $20.9 billion
▼ + stars: | 2024-05-29 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

Today, the 77-year-old has an estimated net worth of $20.9 billion — nearly double her reported net worth from just two years ago — topping Forbes' most recent list of America's Richest Self-Made Women for the seventh year in a row. Her fortune is largely from her roofing supplies ABC Supply. ABC Supply brought in $20.4 billion in revenue last year and has more than 900 branch locations, according to Forbes. After she met and married roof contractor Ken Hendricks in the 1970s, the duo co-founded ABC Supply. The company hit $1 billion in annual sales for the first time in 1998, according to the company's website.

Persons: Diane Hendricks, Erik Prince, Hendricks, Forbes, —, I'd, Ken Hendricks Organizations: Blackwater, Beloit College, Forbes, Supply, ABC Supply Locations: Beloit, Wis, Osseo , Wisconsin, Beloit , Wisconsin

☆ 10-year-old’s before-school side hustle brings in thousands of dollars: How he works around his 8 p.m. bedtime
▼ + stars: | 2024-05-28 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

If so, he pulls up the design someone ordered — his favorite is a rainbow plastic skull — and puts his 3D printer to work. Most prints take at least two hours to create, so the machine works while Heitmann heads to his fourth-grade classes, the 10-year-old from Indiana says. Many of his toys sell for less than $20 apiece. He works roughly three hours per day on his side hustle, he says. Equipped with his printer, Heitmann watched YouTube videos, took lessons on Outschool.com and asked his parents for a second device, a Bambu Lab P1S multi-color printer that currently retails for $949.

Persons: Jacob Heitmann, —, Heitmann, Ender, Heitmann's, Chris Organizations: CNBC Locations: Indiana

Bill Gates and Warren Buffett have given each other a few tips over the course of their friendship, which has lasted for more than three decades and counting. One of those lessons is something Gates wishes he'd learned a lot sooner, to clear up his busy schedule — and possibly even made him happier and more productive. "In hindsight, it's a lesson I could have learned a lot sooner had I taken more peeks at Warren Buffett's intentionally light calendar." Gates finally learned to cut his employees, and himself, some slack after catching a peek of the Berkshire Hathaway CEO's personal daybook. "[I] remember Warren showing me his calendar ... he [still] has days that there's nothing on it," Gates said, adding that Buffett's sparser schedule taught him an important lesson.

Persons: Bill Gates, Warren Buffett, Gates, he'd, it's, Warren Buffett's, He's, —, Charlie Rose, Buffett, Berkshire Hathaway, Warren, It's Organizations: Microsoft, Berkshire, Workers, Stanford University, Northern Arizona University, CNBC

☆ Superyacht captain’s side hustle brings in $10,300 a month, takes 5 hours a week: This could 'be my retirement job'
▼ + stars: | 2024-05-22 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

In 2019, Gordon started cataloguing her adventures on Instagram. That revenue includes money from sponsorships, public speaking gigs, ads and affiliate marketing on her social media, and merchandise sales, she says. I'm hoping this will be my retirement job ... traveling around the world, showing up at events, inspiring people and continuing with my social media. She posts to social media once each day, filming when she's not actively working. Courtesy of Kelly Gordon

Persons: Kelly Gordon, Gordon, Instagram, Captain Kelly J, scoffed, I'm, Gordon's, They're, I've, she's Organizations: CNBC, Carteret Community College, Instagram, Facebook Locations: North Carolina, Palm Beach , Florida, Indiana, Mississippi, France

☆ Netflix founder says he almost dropped out of Stanford for a different business: 'I was equally as committed to that terrible idea'
▼ + stars: | 2024-05-22 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

Before co-founding Netflix, Reed Hastings thought another of his business ideas would become a household name. Specifically, it was a "foot mouse" — where users could control a computer cursor with their feet, Hastings said at a recent Stanford Graduate School of Business event. "It was a terrible idea, but I was equally committed to that terrible idea as I was to Netflix," he said. In the case of the foot mouse, Hastings was a Stanford graduate student at the time, working toward his master's in computer science. He even hired a mechanical engineering graduate student to mockup a prototype.

Persons: Reed Hastings, Hastings, he's Organizations: Netflix, Stanford Graduate School of, Wired, Stanford

☆ Take these 3 ‘micro-risks’ to become more influential, says workplace expert: ‘You can start insanely small’
▼ + stars: | 2024-05-16 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Adults have felt more socially anxious and had more trouble forming relationships since the start of the Covid-19 pandemic, studies show. Here are three of her top micro-risks you can take to build more credibility, confidence and influence around the office. Ask for helpThe longer you work somewhere, the more it can feel like your colleagues expect you to know all the answers. If going directly to your new boss makes your skin crawl, enlist an "awkward army" — a small group of colleagues you trust — and compare notes, Pryor recommends. You could ask your army how to pronounce a co-worker's name, or how certain supervisors like reports formatted.

Persons: Pryor, —, you've, You'll Organizations: Regularly

☆ 29-year-old's side hustle made $114,000 a year, so he quit his full-time job: I'm more successful and I work less
▼ + stars: | 2024-05-09 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

Carter Osborne spent two months agonizing over whether to leave his full-time job for his tutoring side hustle. By that November, he was looking for a new full-time job — and realized none of his options had "that deep, passionate, resonate feeling that education has,'" says Osborne, 29. Decision made: Tutoring would become his full-time job. Osborne left the PR firm in January, and is already finding that with more availability, he can take on more clients. Despite spring being a slow season for college admission tutoring, he already has 24 clients on his roster, he says.

Persons: Carter Osborne, —, Osborne, I've Organizations: CNBC, Pitzer College Locations: Claremont , California

☆ 4 realistic steps to starting a passive income side hustle: What social media may not tell you
▼ + stars: | 2024-05-08 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

Starting a passive income side hustle may look quick and easy on TikTok. Make It spoke with a group of experts who've built passive income businesses and scaled them into six-figure successes. JP Mancini II turned his boat chartering side hustle into mostly passive six-figure income. Ryan Hogue, 35, left his web development career in 2020 to focus on building passive income streams. DON'T MISS: The ultimate guide to earning passive income online After roughly a year, Torres left her engineering role.

Persons: Jannese Torres, D'Lites, Dinero, podcaster, JP Mancini, Florida —, JP Mancini II, Mancini, Ryan Hogue, Ryan Hogue Gamifying, Hogue, Rather, Torres, Jasmine McCall, McCall Organizations: CNBC, SXSW Locations: Hampton , Virginia, Key West, Florida, Puerto Rican

☆ 4 easy ways for introverts to show confidence: They'll help you reach a 'pinnacle level of success,' says workplace expert
▼ + stars: | 2024-05-06 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Knowing how to navigate those short, and slightly clumsy, conversations can actually help your career, says workplace expert Henna Pryor. A major reason people don't get promotions — or reach their "pinnacle level of success" — is because they avoid discomfort, she tells CNBC Make It. Starting small, even with seemingly inconsequential conversations with peers, can prepare you to broach more difficult conversations with your boss, she says. Make participating in conversations feel like a game: Every time you contribute to a meeting, draw a star in your notes. Don't worry if your conversations feel halting — practice will eventually grow your confidence.

Persons: Pryor, Zers who've, fixating Organizations: CNBC

☆ 35-year-old making $11,400 a week in passive income: The No. 1 thing that helps me build lucrative side hustles
▼ + stars: | 2024-05-02 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

Life was otherwise good: It was 2016, and Hogue sat next to his best friend every day at his senior web development job. He was making $117,300 per year, but driving back and forth felt like a waste of time and money, he says. Last year, Hogue made over $1,600 a day, or roughly $11,400 per week, according to documents reviewed by CNBC Make It. Winning that game each day helped keep him from quitting before his business turned profitable, he says. "The dollars-per-day [mindset] helps you understand what your time is worth," Hogue now tells Make It.

Persons: Ryan Hogue, Hogue, he'd Organizations: George Madison University, CNBC Locations: Virginia, Fairfax , Virginia

☆ How to start a lucrative side hustle, from 4 people who've done it: ‘You can be more successful than you think’
▼ + stars: | 2024-04-30 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

"I think you can be successful with more side hustles than you think," Cody Berman, who co-runs online printables course Gold City Ventures, told CNBC Make It in January. In seventh grade, she started selling leggings for teen girls who couldn't afford larger, trendy brands. Bella Lin, 17, started a side hustle to give her guinea pigs more quality of life. Your ability to stay up-to-date on industry trends and audience demographics can affect your earnings over time, Etsy seller Tim Riegel told Make It last year. Riegel started his side hustle — making and selling steel fire pits — in 2021.

Persons: Cody Berman, Bella Lin —, Bella Lin, Lin, you've, Tim Riegel, Riegel, Becky Powell, Powell, Becky Powell's, —, Morgan Eckroth Organizations: Gold City Ventures, CNBC, Onyx Labs, YouTube, Barista Locations: Gold, Beaverton , Oregon, Portland , Oregon, U.S

☆ Trump Wants to Prosecute Biden. He Also Thinks Presidents Deserve Immunity.
▼ + stars: | 2024-04-30 | by ( Alan Feuer | Maggie Haberman | ) www.nytimes.com time to read: +1 min

“Could President Biden someday be charged with unlawfully inducing immigrants to enter the country illegally for his border policies?” the lawyer, D. John Sauer, asked. What Mr. Sauer did not mention was that Mr. Trump has done as much as anyone to escalate the prospect of threatening political rivals with prosecution. In 2016, his supporters greeted mentions of Hillary Clinton with chants of “lock her up.” In his current campaign, Mr. Trump has explicitly warned of his intent to use the legal system as a weapon of political retribution, with frequent declarations that he could go after President Biden and his family. In effect, Mr. Trump has asked the Supreme Court to enforce a norm — that in the United States, public officials do not engage in tit-for-tat political prosecutions — that he has for years threatened to shatter. In promising to sic his Justice Department on Mr. Biden, Mr. Trump has laid the grounds for the very conditions that he was asking the justices to guard against by granting him immunity.

Persons: Donald J, Trump, ceaselessly, “, Biden, John Sauer, Sauer, Hillary Clinton, ” Organizations: Mr Locations: United States

☆ Mark Meadows asked the Supreme Court to recognize his 'just following orders' defense. A right-wing justice wasn't buying it.
▼ + stars: | 2024-04-28 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

Mark Meadows has requested Supreme Court to recognize immunity for president's subordinates. One of Trump's own Supreme Court appointees seemed to draw the opposite conclusion. AdvertisementBefore the Supreme Court heard oral arguments in former President Donald Trump's immunity case, Mark Meadows tried to get his foot in the door. AdvertisementJudges have denied Meadows's attempts to move his criminal case to federal court, which could be more favorable legal territory. AdvertisementA Trump appointee had the opposite approachIn Thursday's hearings, the Supreme Court didn't directly take up the issue.

Persons: Mark Meadows, Trump's, —, Donald Trump's, Trump, Joe Biden's, Meadows, doesn't, didn't, Neil Gorsuch —, John Sauer, Gorsuch, Sauer, we've, they're, Anthony Michael Kreis, George Terwilliger, Michael Dreeben, Amy Coney Barrett, Barrett, Donald Trump, Neil Gorsuch, Carolyn Kaster, Samuel Alito, Alito, Kreis, Richard Nixon, Ronald Reagan, That's, it's Organizations: Trump, Service, Republican, Attorney's, Supreme, Constitutional Convention, Georgia State University, Justice Department, Department of Justice, Kreis Locations: Georgia, Meadows, Fulton County, Atlanta, Fulton

☆ How Justice Amy Coney Barrett drove the Supreme Court’s debate on abortion and Trump immunity
▼ + stars: | 2024-04-27 | by ( John Fritze | ) edition.cnn.com time to read: +7 min

Barrett pins Trump down on his absolute immunity argumentsAs the second-least senior justice, Barrett sits at the far end of the Supreme Court’s mahogany bench. That was a notable break from earlier arguments Trump submitted that called for “absolute” immunity on a much wider scale of acts. A party turns to a private attorney, Barrett hypothesized, “who was willing to spread knowingly false claims of election fraud” to spearhead his challenges to an election. That appeared to be a reference to former Trump attorney Rudy Giuliani, identified by CNN as “co-conspirator 1” in Smith’s indictment. “This is where someone like Justice Barrett gets to pressure test an advocate’s points,” she said.

Persons: John Roberts, Amy Coney Barrett, ”, Donald Trump, Barrett, Trump’s, Trump, Roe, Wade, “ We’ve, Steve Vladeck, “, Jack Smith’s, John Sauer, –, Sauer, Smith, Rudy Giuliani, ” Barrett, ” Sauer, Michael Dreeben, ” Dreeben, Ilya Somin, ” Somin, ” ‘, Sonia Sotomayor, quizzing, Biden, Sotomayor, Josh Turner, Turner, I’m, ” Turner, ” Barrett interjected, ’ ”, Beth Brinkmann, litigator Organizations: CNN, Center for Reproductive Rights, University of Texas School of Law, Trump, George Mason University Locations: Idaho

☆ John Roberts isn’t happy with previous ruling against Trump – what happens now?
▼ + stars: | 2024-04-26 | by ( Joan Biskupic | ) edition.cnn.com time to read: +5 min

But the cagey chief justice made some points abundantly clear. And whatever the staggering facts of the election subversion allegations against Trump, they are not his concern here. Further, when he is in the majority, Roberts has the power, as chief justice, to determine who writes the opinion. In past high-profile disputes involving Trump, Roberts has kept the pen for himself. Whenever Dreeben tried to return to allegations of fraud, obstruction and other crimes against Trump, conservative justices swept them away.

Persons: John Roberts, Donald Trump, Roberts, who’d, Trump, he’s, ” Roberts, Michael Dreeben, Jack Smith, Ronald Reagan, Jane Sullivan Roberts, Patrick Jackson, Justice Ketanji Brown Jackson, John Sauer, Sauer, Dreeben, Samuel Alito, Alito, “, It’s, ” Dreeben, ”, I’m Organizations: CNN, Trump, Court, DC Circuit US, Appeals, United Locations: United States

United States Supreme Court Associate Justice Ketanji Brown Jackson. Alex Wong/Getty ImagesJustice Ketanji Brown Jackson warned that absolute immunity could turn the Oval Office into "the seat of criminal activity in this country." She said there would no incentive for presidents to follow the law while in the White House if they could never face criminal prosecution. "There are lots of people who have to make life and death decisions" and still face the risk of criminal prosecution, she said. I think that we would have a really significant opposite problem if the president wasn’t chilled," she said.

Persons: Ketanji Brown Jackson, Alex Wong, Donald Trump's, D, John Sauer, Jackson Organizations: Getty

☆ Two Trump courtroom dramas could help shape the tone of a future presidency
▼ + stars: | 2024-04-25 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Prosecutors have framed the trial as more than a simple case of falsifying business records — the offense with which Trump has been charged. But the results of Trump’s pending cases — and whether they even come to trial — could help decide the tone of a future presidency. But at the same time, Trump is using the privileges of appeals available to any defendant to their full extent. “We’re writing a rule for the ages.”It’s always hazardous to speculate how Supreme Court justices will rule based on their questioning in oral arguments. This could mean the case returns to lower courts for more litigation — a move that could delay the federal election trial for months, far beyond the November election.

Persons: Donald Trump, George Washington, David Pecker, Trump’s, Trump, —, Trump —, Republican nominee’s, Jack Smith’s, Ketanji Brown Jackson, Jackson, Pecker, didn’t, Matthew Colangelo, he’s, Joe Biden, Biden, “, Benjamin Franklin, inoculate Trump, CNN’s Zachary B, Wolf, Marquis de Lafayette, demagogue, George Conway, ” Conway, CNN’s Wolf, ”, Neil Gorsuch, “ I’m, Amy Coney Barrett, David Sauer, Sauer, Elena Kagan, Kagan, ” Kagan Organizations: CNN, National Enquirer, Republican, Trump, GOP, Prosecutors, Supreme, White House Locations: New York, Georgia, Florida, — Washington, Washington, Philadelphia , Washington

☆ 26-year-old's side hustle brings in $38,500 a month, takes 20 minutes a day: This can be 'passive all year long'
▼ + stars: | 2024-04-25 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Francisco Rivera quit his tutoring job in December after his side hustle brought in six-figures in 2023. DON'T MISS: The ultimate guide to earning passive income online Rivera estimates 30% to 50% of each sale is profit. The success of Rivera's Etsy shop allowed him to quit his tutoring job in December. Leveraging existing skillsAfter college, Rivera worked in Apple stores in the Dallas-Fort Worth area for three years. Rivera started seeking new ways to make income when demand for online tutoring waned after the pandemic, he says.

Persons: Francisco Rivera, Francisco Rivera's, Rivera, Rivera's, he's, Bali —, That's Organizations: Sail University, Apple, CNBC, Outschool Locations: Bali, Dallas, Fort Worth, Orlando

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