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In addition to his comedy, actor Kevin Hart owns a plant-based restaurant chain, a tequila brand and an entertainment and production company called HartBeat. The single thread between them all, and the "secret weapon" to his success, the 44-year-old said in a recently published MasterClass course: the power of humor. "Humor has acted like the master key to every door that I've [gone] through," said Hart. In much tougher moments, humor is equally valuable, Hart noted. Making people genuinely laugh boosts their output by up to 12%, found a 2015 study that Sgroi co-authored.
Persons: Kevin Hart, Hart, you've, Daniel Sgroi, Warren Buffett Organizations: University of Warwick, CNBC, The University of Pennsylvania, Hong Kong University of Science, Technology
Chances are good that you've used the word "underperformer" at work before. Stop doing that, bestselling author and leadership expert Simon Sinek said earlier this month at the 2023 World Business Forum summit. Most people's definition of an underperformer is far too loose, said Sinek. When asked how to deal with people who are struggling at work, he summed up his advice into three words: give them grace. "We're all guilty of this," said Sinek, adding: "What ends up happening is, all we do is think about them and treat them as an underperformer.
Persons: you've, Simon Sinek
It's official: Mark Cuban says he's leaving ABC's "Shark Tank" after more than a decade on the show. His 12 years — and counting — on "Shark Tank" have produced memorable moments, ranging from laugh-inducing to heartstring-pulling. Here are three of the most notable ones:The largest offer in 'Shark Tank' historyDuring Season 6, Cuban made the biggest offer in "Shark Tank" history to Arum, Soo and Dawoon Kang, the sisters behind dating app Coffee Meets Bagel. "How many people can say they baited a Shark ... even better, the biggest Shark, and [still] came away with a deal?" Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."
Persons: Mark Cuban, He's, he's, Dawoon Kang, Kang, Bagel, Cuban, Justin Crowe, Crowe, Lori Greiner, Kevin O'Leary, O'Leary, Donovan, Trey Brown, Barbara Corcoran, Warren Buffett Organizations: Hollywood, NBA's Dallas Mavericks, CNBC, Cuban, Sharks, Golden State Warriors, Mavericks Locations: Cuban, Los Angeles
Receiving a passive-aggressive work email is annoying, and it creates a tough dilemma. Do you muster the strength to ignore their tone and reply with a kind message? The best move might be not sending a reply at all, says executive coach and communication expert Susan Room. Email, while efficient, isn't always the most effective way to communicate — especially if you have "negative feelings about the recipient," Room tells CNBC Make It. Here are the most common passive-aggressive workplace emails, and Room's advice on how to handle them.
Persons: Susan Organizations: CNBC
Highly successful people overcome them by having "prodigious amounts of productive paranoia," according to multi-time bestselling author and leadership expert Jim Collins. "The question is not if bad things will happen, it's when," Collins said last week at the 2023 World Business Forum summit. Sometimes, productive paranoia takes the shape of over-preparing for a presentation so you can anticipate every possible question your audience might ask. Constantly thinking about potential futures — both good and bad — is the type of productive paranoia that all professionals should have, Collins said. DON'T MISS: Want to be smarter and more successful with your money, work & life?
Persons: Jim Collins, Collins, Jenny Maenpaa, Warren Buffett Organizations: CNBC Locations: New York
If you asked Ginni Rometty's mom how she managed to raise four high-powered executives, she'd be as stunned as you are. "My mom [is] always like, 'How did this happen?,'" Rometty, the former CEO of IBM, said on Wednesday at the World Business Forum summit. Rometty's youngest sister, Darlene Nicosia, is the CEO of food manufacturing company Hearthside Food Solutions. One particular lesson from their mom helped them all grow into successful adults, Rometty said: "Never let someone else define who you are." Her mom — who didn't have a job at the time, Rometty told the Horatio Alger Association in 2016 — managed to land a job at a local hospital.
Persons: Ginni, she'd, she'll, Darlene Nicosia, Anette Rippert, Joe Nicosia, Louis Dreyfus, Rometty, Organizations: IBM, World, Food Solutions, Accenture, Louis Dreyfus Company, Horatio Alger Association
Mark Cuban worked hard to amass his net worth — currently estimated at $6.2 billion — creating multiple successful businesses and investing in promising startups. "Anybody who has a 'B' next to their name, and they tell you they could do it all again, they're lying their ass off," Cuban, 65, said. But becoming a billionaire isn't just dependent on your sales talent or ability to craft a great business idea, Cuban said. Don't miss: Mark Cuban says he doesn’t need his billions: I’d ‘for sure’ be just as happy with 1% of my net worthIn Cuban's case, timing was crucial. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.
Persons: Mark Cuban, , That's, he's, isn't, Cuban, You've, , Richard Wiseman, Wiseman, Warren Buffett Organizations: CompuServe, Yahoo, Real Vision, University of Hertfordshire, CNBC Locations: , Cuban
Perfectionism might seem like a great quality for a boss to have. It's actually pretty toxic, says Ginni Rometty, former president and CEO of IBM. I mean, you'd send anything to me [and I'd send it back] completely red," Rometty, 66, said. "I used to think that was a great skill ... to find every mistake and improve it." Your perfectionist boss may think they're showing you how to be detail-oriented.
Persons: Ginni Rometty, Rometty, perfectionism, Pen, It's Organizations: IBM
College prepared Pinky Cole well to be the CEO of a $100 million company, she says — just not in the way you might think. When I went to college, all the stuff that I learned, I don't remember [any] of it," Cole tells CNBC Make It. And while it's certainly possible to connect with high-powered people without a shared academic experience, college graduates tend to have better career prospects and financial outcomes than high school-only graduates. College graduates earned 75% more last year, on average, according to the San Francisco Fed, a research nonprofit. College graduates also reported a 2% unemployment rate last year, compared with 7% for their counterparts, the National Center for Education Statistics reported.
Persons: Pinky Cole, , Cole, I've, Clark, Chance, Louis, Cole's, Warren Buffett Organizations: Clark Atlanta University, CNBC, Delta Sigma Theta, Federal Reserve Bank of St, College, San Francisco Fed, National Center for Education Statistics Locations: Atlanta, Georgia , New York, Texas, alma mater
Barbara Corcoran almost missed out on "the best hire" she ever made — all because the prospective employee seemed too introverted. In walked Esther Kaplan, who would eventually become Corcoran's business partner and longtime president of The Corcoran Group. But at the time, Kaplan didn't seem like the right fit for the sales position she'd applied for, Corcoran said. Corcoran recalled watching Kaplan take the card and place it within a meticulously organized purse, complete with labeled partitions. "With a mind like that, I knew I wanted my business in her purse," said Corcoran.
Persons: Barbara Corcoran, Esther Kaplan, Kaplan didn't, Corcoran, Esther my, Kaplan Organizations: The Corcoran
The most successful people use humility to bounce back quickly, according to Harvard-trained leadership expert Charlene Li. "You don't know everything. And because you don't know everything, you can't be expected to have all the answers," Li, a San Francisco-based executive coach, recently told LinkedIn's "The Path" podcast. "When you can practice humility on a daily basis ... you can be open to a learner's mindset and that is absolutely crucial." "We are raised in school to aim for A's, which means being perfect, getting 100% on tests," she said.
Persons: Charlene Li, Li, LinkedIn's Organizations: Harvard Locations: San Francisco
Stanley Zhong isn't your typical 18-year-old. In stepped Google, which offered Zhong a job as an L4 software engineer, one rung above entry level. And while the offer may have been surprising, especially considering the job title, one person says he wasn't shocked: Stanley's father, Nan Zhong. "And along the way, he gave me enough shocks that I was no longer shocked [when he got the Google job]. And that led to his Google job," Nan says.
Persons: Stanley Zhong, Zhong, wasn't, Nan Zhong, I've, Nan, He's, , Stanley, that's, Henry M, Nan Zhong Nan, Nan didn't, Richard Wiseman Organizations: Gunn High School, MIT, Stanford, Google, University of Texas, CNBC, Washington State Championship, Amazon Web Services, Amazon AWS, University of Hertfordshire Locations: Palo Alto , California
The 82-year-old co-founder of hunting manufacturer Air Boss Outdoors joined up with his business partner, Keith Lindsey, to pitch a product called the Krapp Strapp on Friday's episode of ABC's "Shark Tank." The Krapp Strapp is a weatherproof strap designed to help hunters, campers and outdoorsmen relieve themselves more comfortably. Cuban gave Legg and Lindsey similar feedback, saying he'd only make them an offer if everyone else's proposals were "nasty." The Krapp Strapp duo accepted, garnering praise from Cuban. "Now, you two [Greiner and John] can say you help people do the deuce outdoors," Legg said, on his way out.
Persons: Bob Legg, Keith Lindsey, It's, Lindsey, Legg, Legg chimed, Mark Cuban's, Robert Herjavec, Kevin O'Leary, Strapp, Herjavec, he'd, Lori Greiner —, Daymond John, Greiner, Bob, Cuban, John, Warren Buffett Organizations: Air, Outdoors, CNBC, Cuban Locations: U.S, Jacksonville , Texas
Even billionaires wish they could go back in time and give their younger selves some wisdom. That goes for three of the world's more popular business icons: Mark Cuban, Bill Gates and Ray Dalio. Each amassed their fortunes through entrepreneurship: Cuban built a startup that was acquired by Yahoo for $5.7 billion, Gates co-founded tech giant Microsoft, and Dalio created Bridgewater Associates, one of the world's largest hedge funds. All three of them have experienced the heights of success — and each has regrets about the paths they took to get there. For example, as Dalio wrote during a Reddit "Ask Me Anything" Q&A in 2019: "The big message I would want to have given myself is: 'Why are you so stupidly arrogant!?!'"
Persons: Mark Cuban, Bill Gates, Ray Dalio, Gates, Dalio Organizations: Yahoo, Microsoft, Bridgewater Associates
When a restaurant owner went viral for charging a mother a $50 "unable to parent" fee, allegedly yelling at her when she protested, some people praised him. That can be seen as abusive and harassment," Chelsea Jay, a Lansing, Michigan-based leadership coach, tells CNBC Make It. The incident, as described by the mother, shows a "huge lack of communication and clarity" from the restaurant owner, Jay adds. He notified Landmann of a $50 charge per bill at their table, because the kids were "too loud," she said. He got in our faces and told us that we belonged at Burger King and not at his restaurant," said Landmann.
Persons: Chelsea Jay, Jay, Lyndsey Landmann, NBC's, Landmann, Tim Richter, We're Organizations: CNBC Locations: Lansing , Michigan, Georgia, Blue Ridge , Georgia, Burger
"[Getting fired] was the best thing that could have happened to me, because it made me go all in on my business," Cole, 35, the CEO and founder of Atlanta-based vegan burger chain Slutty Vegan, tells CNBC Make It. Slutty Vegan is worth $100 million, Cole told Forbes last year. She'd also spent about four months building Slutty Vegan as a side hustle, hawking vegan burgers from a shared commercial kitchen. That's partly why Cole got fired, she told Make It last year — spending too much time focusing on her new business. Perhaps Slutty Vegan had long-term potential, Cole recalls thinking.
Persons: Pinky Cole, She'd, Cole, Viola Davis, Spike Lee, Snoop Dogg Organizations: Atlanta, CNBC, Forbes Locations: Georgia, New York, Texas
On Friday's episode of ABC's "Shark Tank," Mark Cuban called a CEO's business "perfect" — and promptly rejected it. The CEO, Annie Leal, is the founder of McAllen, Texas-based I Love Chamoy. It's a food company: Traditional Mexican chamoy is a street food condiment, often made from chili peppers, dried fruits and added sugar. I Love Chamoy has more than 422,000 followers on TikTok, as of Monday afternoon. (I Love Chamoy works with a small number of contractors, Leal confirmed to CNBC Make It.)
Persons: Mark Cuban, Annie Leal, Leal Organizations: CNBC Locations: McAllen , Texas, Texas
When Kenneth Gorham heard that he was in the running to become the principal of his local middle school, his immediate response was: "Are y'all sure?" When Gorham ultimately landed the job, he was just 24 years old — the youngest principal to ever lead Movement Freedom Middle School, a charter school in Charlotte, North Carolina. One of them is Lauryn Jackson, the current principal of Movement Freedom Elementary School and Gorham's instructional coach when he was a teacher. Part of that was logistical: As an instructional coach, he helped teachers coordinate their curricula and refamiliarize themselves with the rhythm of teaching in a classroom. Kenneth Gorham Principal, Movement Freedom Middle School
Persons: Kenneth Gorham, Gorham, I've, Lauryn Jackson, Organizations: Middle, National Center for Education Statistics, CNBC, North Carolina Agricultural, Technical State University, Freedom Elementary School Locations: Charlotte , North Carolina, U.S
When James and Johanna Windon launched Buena Papa two years ago, they had just $18 in their bank account. Now, they bring in millions of dollars in annual revenue across three North Carolina restaurant locations, they said on Friday's episode of ABC's "Shark Tank" — during which they landed a $400,000 investment offer from millionaire entrepreneur Robert Herjavec. Despite no prior restaurant experience, the pair "invested our life savings [of] $40,000," leaving just $18 behind, James said. Mark Cuban opted out, citing the difficulty of simultaneously operating restaurant locations and overseeing any number of franchisees. That left Robert Herjavec, who offered the Windons $400,000 for 20% of Buena Papa.
Persons: James, Johanna Windon, Robert Herjavec, Johanna, we're, bootstrapping, They'd, haven't, Mark Cuban, Kevin O'Leary, Barbara Corcoran, Lori Greiner, Corcoran, Herjavec Organizations: Buena Papa, Colombian, Buena, CNBC, Global Locations: Carolina, Buena Papa —, Mexican, Puerto Rican, Raleigh, Colombia, Miami, French, Buena Papa, Raleigh , North Carolina, United States
There's only one correct answer if you want them to lead happier, more successful lives, says Yale University psychology professor Laurie Santos: "Wait as long as possible." This is likely to encourage poor mental health — in ways that affect kids differently than adults — and distractions in the classroom, Santos says. Social media use exposes many kids to cyberbullying, hate speech and discrimination, Make It reported in May. "These are brains that are forming and trying to pay attention in school [while their phones are going] ding, ding, ding." "They're not going to want to do as you say, they're going to want to do as you do," Santos says.
Persons: Laurie Santos, Santos, Michael Robb, They're Organizations: Yale University, CNBC, Media, Global
When Mark Cuban launched his first tech startup, he couldn't have known he'd end up a billionaire today. He was confident, though, that his sales pitch for the company — a software startup called MicroSolutions — would work. In the proposal, Cuban wrote that his tool would be a great resource for attorneys looking to streamline their workflow — by having information "immediately published electronically to the organization," as opposed to using notebooks. Basically, it was our version of Slack long before Slack," Cuban wrote in a follow-up post. A year after sending his pitch to the law firm, Cuban sold MicroSolutions to now-defunct internet services company CompuServe for $6 million.
Persons: Mark Cuban, Cuban, Gilchrist, Slack Organizations: Twitter, GQ, Cuban, CompuServe, Yahoo, Forbes, CNBC, Global Locations: Dallas, Cuban
Almost everyone has an ulterior motive, according to billionaire investor Ray Dalio — and figuring it out comes down to asking yourself one simple question. "This applies to everything: when you're buying something, asking for advice, reading the newspaper, watching the news, etc.," he wrote. "That is because most people (though not all people) are trying to sell you something that will help them get the things they want." As for seeing things from a "higher level," Dalio has long attributed that ability to his success at evaluating financial markets. "I call this ability to rise above your own and others' circumstances and objectively look down on them 'higher-level thinking,'" Dalio wrote on Facebook a year later.
Persons: Ray Dalio —, Dalio, Diane Dreher, " Dreher Organizations: Bridgewater Associates, Pew Research Center, Psychology Today, YouTube, Facebook, CNBC, Global Locations: U.S
The average worker gets 10-14 days of vacation time per year after one year of service, the U.S. Bureau of Labor Statistics reports. "There are a number of organizations that we've worked with who, instead of having vacation maximums, will say vacation minimums, which is an interesting concept," she said. In some cases, companies even require at least five of each employee's vacation days to be taken consecutively — in other words, a mandatory "solid week" of vacation, said Pruitt-Haynes. Fifty-four percent of U.S. workers say they can't or shouldn't completely stop working while on vacation, according to a 2022 Glassdoor report. Turn off any company-owned devices while you're away and plan busy vacation days to keep yourself from thinking about work, he advised.
Persons: Christy Pruitt, Haynes, we've, Pruitt, Rebecca Port, I've, workcations, Jonny Edser Organizations: Society for Human Resource Management, U.S . Bureau of Labor Statistics, Genomics, CNBC Locations: New York, USA
On Friday's episode, that kid was Gavin Batarse, an avid baseball player and the CEO of Glove Wrap. "Just place a ball in a glove and wrap it up with Glove Wrap. Some players wrap baseball gloves in rubber bands or stuff them under sofas. The potential market is large, spanning millions of kids and Major League Baseball players alike in the U.S. alone. The deal: $50,000 for a 22% equity stake in Glove Wraps.
Persons: Gavin Batarse, Jon, Morgan Batarse, Gavin, sofas, Gavin didn't, Mark Cuban, Michael Rubin, " Rubin, Still, Rubin, he'd, Cuban, Mark, Morgan, Gavin isn't, Sofi Overton, Lori Greiner, Daymond John, Barbara Corcoran Organizations: Baseball, Major League Baseball, Sporting Goods, Sharks, Wise, Products, Twitter, CNBC Locations: Orange County , California, U.S, Cuban
The CNBC Make It: Your Money virtual event is scheduled for Oct. 17, 2023 — watch it live as successful entrepreneurs and investors offer actionable advice about building your career and increasing your earning power. , self-made millionaire, "Shark Tank" guest judge and co-founder of RSE Ventures, a private firm that invests in companies in a variety of industries, including sports and entertainment. Lastly, CNBC's Frank Holland interviews Douglas Boneparth, founder and president of Bone Fide Wealth and co-author of "The Millennial Money Fix." To register for the event, click on the "RSVP here" box at the top of CNBC Make It: Your Money livestream page. Disclosure: CNBC owns the exclusive off-network cable rights to ABC's "Shark Tank."
Persons: CNBC's Kristina Partsinevelos, Matt Higgins, Jenny Nguyen, Ashton Jackson, Erin McGoff, CNBC's Frank Holland, Douglas Boneparth, Edward Jones Organizations: CNBC, YouTube, RSE Ventures, Bone Locations: Portland , Oregon
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