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Over the course of about 10 years at the company, Vashi worked his way up from an entry-level consultant role to vice president. It all paid off in June 2022, when Anaplan was acquired by private equity company Thoma Bravo at a roughly $10.4 billion valuation. Here are five tips on how to negotiate for more equity at work, according to Vashi:1. "The best way to secure equity compensation is to make yourself extremely important to the company," he said. When it comes to employees, it is "all based on [their] contributions, either actual contributions or expected contributions," Vashi said.
Persons: Bhavik Vashi, Vashi, Anaplan, Thoma, they've Organizations: University of California, CNBC, Thoma Bravo, Asia Pacific, Carta, Employees Locations: Valley, Berkeley, Silicon Valley, Middle East
Eating food in general activates areas of the brain that are responsible for pleasurable feelings, according to Brooks, who is also the instructor of a course at Harvard University about managing happiness. Brooks did a deep dive into various studies to compile the elements of what he calls the "ultimate happiness diet." Some additional factors Brooks says are key to a happiness diet include:Still, it was the use of meal time for social gathering that stuck with Brooks. "The connection between food and social connections is very natural, because food does bring people together," Hu said. But in Brooks' opinion, "The food isn't the point at all," for happiness.
Persons: Arthur C, Brooks, Frank B, Hu Organizations: Harvard University, Harvard, of Public Health, CNBC Locations: Asia, Chan
But as a general rule, economists tend to agree that, for U.S. consumers, higher tariffs tend to mean higher prices. "They'll be buying things at higher prices than they otherwise would." Still, a number of organizations say that Trump's new tariff policy would have a negative tangible effect on American consumers' finances. Plus, financial experts say a more aggressive tariff policy could be viewed as a form of economic saber-rattling. It tends to lead to higher prices for consumers in both countries."
Persons: Trump, Howard Gleckman, Kamala Harris, Biden, Donald Trump, Harris, George Ball, Sanders Morris, Clark Bellin, Sam Millette Organizations: Urban, Brookings Tax Policy Center, CNBC, U.S, Trump, U.S ., American Progress, Peterson Institute for International, Commonwealth Financial Network Locations: China, U.S,
Gen Z is increasingly proving to be the entrepreneurial generation, with the majority wanting to set up their own business — but one expert warns it might not be as straightforward as they think. In contrast, just over a third of Gen X and Boomers said there were fewer opportunities to start their own businesses when they were young because of pressures to pursue traditional education and career paths. Gen X were born between 1965 and 1980, while baby boomers were born following World War II, between 1946 and 1964. "Gen Z is proving to be the most entrepreneurial generation yet, and it's no coincidence," Sam Jones, Dragon's Den star and founder of Gener8, said in the survey. "Instead, entrepreneurship appeals to Gen Z as it offers more control over their work and life, opportunities for innovation, and the potential to leverage their technological skills.
Persons: Z, , X, Gen X, Sam Jones, Dragon's, Gener8, they've, They're, , Dan Schawbel, Alexis Firment, they're, Schawbel, Gen Organizations: Santander UK, Boomers, Workplace Intelligence, CNBC Locations: Ohio
"I love how you can invest in properties, you earn money, you have to save money to wait for the best property. Though they may not have pushed Tello-Trillo into economics, her parents taught her about money from a young age. "I see money as a thing that you work really hard for, and then if you want to spend money [it's] because you really, really value something," she says. "But it has to be something that I really, really like, and it has to be something that is going to be useful either for the family or for the home." She and her husband split household expenses equally, and Tello-Trillo handles the mortgage payments for her rental properties on her own.
Persons: Cristina Tello, Trillo, that's, Sebastian, Leo, Tello, she's, Peru wouldn't, Roth Organizations: CNBC, Monopoly, Pontificia Universidad Catolica of, Tello, U.S . Census Bureau, University of Maryland, Washington , D.C, Yale University, YouTube, Leo Insurance, Netflix, Spotify, Amazon, Amazon Prime Locations: Peru, Nicaragua, Pontificia Universidad Catolica of Peru, Bethesda , Maryland, Washington ,, Rochester , New York, Tello, , Bethesda, Rochester, Shenandoah, Northern Virginia
Like a lot of hiring managers, Adriane Schwager likes to ask candidates about times in their career they've made a mistake. Usually, it's to get an idea of how you handle stressful situations and how you learn from previous errors. For Schwager, the CEO and co-founder of the hiring platform GrowthAssistant with 20 years of recruiting experience, the answer can uncover a big red flag: whether the person has low ownership of their work. Take an example where someone forgot to send something important to accounting, and it cost the business $250,000, she says. Sometimes, she can also tell whether a candidate has low ownership based on how they describe why they left their previous job.
Persons: Adriane Schwager, they've, Schwager Organizations: CNBC
When Bill Gates dropped out of college to co-found Microsoft, he wasn't thinking about becoming a billionaire or running a company that's now valued at more than $3 trillion. At the time, in 1976, computer obsessives like Gates and co-founder Paul Allen were considered "hobbyists" — yet they fervently believed that a technological revolution was imminent. And I was willing to focus my life, in my 20s, just on software, just on the one job," says Gates. Specifically, that job was creating high-quality software that could make the general public actually embrace the personal computer. That intense focus on creating the best product possible didn't mean Gates wasn't aware that there was also money to be made — in fact, he insisted upon it from the beginning.
Persons: Bill Gates, Gates, Paul Allen, Allen, , Netflix docuseries Organizations: Microsoft, CNBC, Forbes, Netflix
Arizona State University is launching a program for the parents and guardians of enrolled students called "Thriving in Your Empty Nest Chapter." "Many parents talk [about] the tears they shed, or that pit in their stomach, a sense of pride, but also grief of this profound transition. The online module will consist of live events every Friday via Zoom and allow parents to meet other parents around the world. "And because it's for parents, there's no quizzes, there's no homework, there's no expectation to have to finish it all. We're getting those dates together right now, and it's currently open to any ASU parents as well as ASU alumni," with children heading to college.
Persons: Kari Cardinale, Cardinale, " Cardinale, Rachel Glik, . Cardinale, Barbara Waxman, Gretchen Rubin, there's, It's, We're, it's Organizations: Arizona State University, Modern Elder Academy, CNBC, ASU Locations: United States
When you live with 23 other people, there's always something to do. For Ishan Abeysekera, that was part of what drew him to his Brooklyn home when he relocated from London for work in late 2022. A group chat of building residents is frequently buzzing with outings and activities, making it easy to find plans on a given evening. "I think it certainly has led to me seeing more of New York," he says. "There might be a Saturday where you're feeling a little bit lazy, and suddenly there's five people going to Central Park or The Met and you go 'Oh, yeah, I'll tag along.'"
Organizations: Brooklyn, Cohabs, CNBC Locations: London, New York, Central
As a new school year begins, I reminisce about unwrapping fresh school supplies and reuniting with friends after a summer apart. It's my biggest regret from college: I don't wish I worked harder or studied more — I wish I cared less about my GPA. The sacrifices I made to get near-perfect grades seemed worth it when I graduated from Northwestern with honors in 2019. And if you're planning on getting a postgraduate degree, like going to law or medical school, your GPA will be an integral part of your admission decision. Those, I believe, will do more for your career prospects than a 4.0 ever could.
Persons: I'm, , Chelsea Jay, Jay Organizations: Northwestern University, Medill, Northwestern, CNBC Locations: Evanston , Illinois, Lake Michigan, Northwestern, New Jersey
These emotions are often indicators of empty nest syndrome. 5 ways to cope with empty nest syndromeThe best way to set yourself up for success is to plan ahead for being an empty nester, Glik says. These are additional ways that you can cope with empty nest syndrome, according to Glik: Be mindful of how you view your child leaving your home . In fact, it's a continuation of your relationship," Glik says. In fact, it's a continuation of your relationship," Glik says.
Persons: Rachel Glik, Glik, you've Organizations: CNBC, Invest
The idea that you only have one credit score isn't true. In fact, it's one of the biggest credit score myths people consistently fall for, says John Ulzheimer, a credit expert who formerly worked for FICO and Experian. "You literally have dozens and dozens and dozens of credit scores that are not all the same three-digit number," he tells CNBC Make It. Unfortunately, the difference in numbers can cause confusion or even mistrust if you're not aware that you have multiple credit scores, Ulzheimer says. "But really, they're not doing anything wrong, they're just pulling a completely different credit report."
Persons: John Ulzheimer, , Ulzheimer, they're Organizations: FICO, CNBC
Adriane Schwager has interviewed thousands of people and hired hundreds in her roughly 20 years in the recruiting space. She's interviewed candidates at every level in an organization, from interns to senior leaders to join her in the C-suite. It sounds simple enough, but she says she's noticed that candidates' level of preparedness seems to have declined in the last five years or so. "Here's something very basic that I'm seeing candidates missing right now, which is [understanding]: What does the company that you're interviewing for do?" "But I feel like I'm seeing more of that these days at a senior level, which is interesting," she says.
Persons: Adriane Schwager, She's, she's, I'm, Schwager, she'd, it's, who've Organizations: CNBC
It’s the first day on the job for new Starbucks CEO Brian Niccol, and expectations are high. Niccol explained that he carries a “beat-up notebook” with him to outline and track his progress toward his career goals. Trusting his gut and believing in his ability to succeed, Niccol said, has made the biggest difference in his career up to this point. “There will be times in your career when your gut will be tingling,” he said, noting that he had that feeling when he left Taco Bell to become Chipotle’s CEO in 2018. Niccol used a 5-word phrase in a phone screening with former Starbucks chair Mellody Hobson to illustrate his confidence and preparedness for the job.
Persons: Brian Niccol, Anjali Sundaram, Taco Bell, , ” Niccol, Niccol, Mellody Hobson, , , ’ ” Hobson, ” Hobson, Brian, “ We’re Organizations: CNBC, Wall, Taco, Miami University in, Taco Bell, Starbucks Locations: U.S, China, Miami University in Oxford , Ohio, Newport Beach , California, ’ Seattle
Timothy Armoo, a co-founder and former CEO of influencer marketing firm Fanbytes, is not what you might expect from a multi-millionaire. Armoo made his money selling Fanbytes to digital marketing agency Brainlabs in May 2022 for an eight-figure sum (the exact amount has not been made public). But the young entrepreneur told CNBC Make It that he felt "almost too crippled to spend the money" after growing up poor in public housing in south London. "I would track it every week, maybe twice a week," he said. "I said: 'I would like to come and take out a million pounds in cash.'"
Persons: Timothy Armoo, Armoo Organizations: Brainlabs, CNBC Locations: Africa, London
Billionaire philanthropist Bill Gates has spent the past couple decades warning the general public about ominous issues, from upcoming "climate disasters" to devastating cyberattacks. "A lot of unrest" in today's world could spark "a major war," he tells CNBC Make It. And even "if we avoid a big war ... then, yes, there will be another pandemic, most likely in the next 25 years." "The country that the world expected to lead and be the model fell short of those expectations," Gates says, referring to the United States. While some progress has been made, with increased spending on pandemic preparedness in the U.S. and elsewhere, Gates says the global response hasn't yet been enough.
Persons: Bill Gates, Gates, it's, that'll, Anthony Fauci, Fauci Organizations: CNBC, Netflix, National Institute of Allergy Locations: Gates, United States, U.S
Whole Foods Market CEO Jason Buechel has one primary tactic that keeps him productive, he says: time blocking. "It's important that I time-block my schedule so I don't get stuck in meeting after meeting, and I can focus on Whole Foods Market's longer-term vision and strategy," he tells CNBC Make It. "Getting calendar bombed" by unproductive meetings can derail his day, he recently told LinkedIn's "This is Working" podcast and video series. On a typical day, Buechel can have 10 meetings or more, he tells Make It. He uses those 10-minute windows for running "ad hoc meetings with my direct reports or dealing with a pressing issue that might pop up," he adds.
Persons: Jason Buechel, LinkedIn's Organizations: Foods, CNBC Locations:
Charles Coristine used to revel in working at Morgan Stanley. At a barbeque, Coristine met an owner of snack company LesserEvil, who talked about wanting to sell his "flatlining" business. A 'scrappy' reinventionWhen he bought LesserEvil, Coristine was working at TD Bank and pursuing an MBA at Cornell University Graduate School. It brought in roughly $2 million that year, accounting for a third of LesserEvil's annual revenue, the company says. A year later, the company got its first outside funding — about $3 million, the company says — from sustainable food and agriculture investment firm InvestEco.
Persons: Charles Coristine, revel, Morgan Stanley, Coristine, that's, Andrew Strife, welders, LesserEvil, Homer, Henry David Thoreau, Organizations: CNBC, U.S, TD Bank, Cornell University Graduate School, packers, Kroger, LesserEvil, Growth Locations: Tokyo, London, Danbury , Connecticut, Wilton , Connecticut, Danbury, New Milford
Trader Joe's viral mini tote bags will soon be back in stock. A representative for the popular supermarket chain confirmed to CNBC Make It that the colorful canvas bags, which have been sold out since they first hit stores in March, will be back on September 18. The totes became an instant sensation when they first came out, with shoppers quickly descending on the limited supply. Some Trader Joe's locations even put limits on how many bags customers could purchase. The $2.99 bags — which are just a slightly smaller version of Trader Joe's classic canvas bag and come in green, red, yellow and blue — proved so popular that they were soon being listed on eBay for hundreds of dollars.
Organizations: CNBC, eBay
Many Americans worry that the money they've stashed away for retirement may not be enough to sustain them during their post-work years. In fact, nearly 60% of retirees say they're very or somewhat concerned about running out of retirement savings, according to CNBC's August 2024 Your Money retirement survey conducted with SurveyMonkey. A little over 20% of retirees surveyed say they have nothing set aside and 15% say they have less than $50,000 saved. Since retirement can last 25 years or more after you stop working, worries about running out of money are understandable. CNBC Make It's retirement calculator uses factors like your age, income and current retirement savings to give you an estimate of how much you should aim to put away by the time you retire.
Persons: stashed, CNBC's Organizations: SurveyMonkey, CNBC
They probably have one thing in common: the ability to consistently come up with great, "non-obvious" ideas, says bestselling author and marketing expert Rohit Bhargava. Reliably devising great ideas that other people haven't considered is easier said than done, of course. "It's more work to come up with something new and original. Here are the four steps you should take to become more creative and reliably come up with great ideas, according to Bhargava. In their book, Bhargava and DuPont advise people to "follow your frustrations" by thinking about the everyday things that annoy them or don't work perfectly.
Persons: Rohit Bhargava, who's, Bhargava, haven't, Bhargava —, Georgetown University —, Ben DuPont, Howard Schultz, Schultz, we're, you've, DuPont, Sakichi Toyoda, Dyson, James Dyson Organizations: Employers, CNBC, Ogilvy, Georgetown University, Toyota, DuPont Locations: Italy
Haidt and other researchers argue that technology and social media have led to an epidemic of isolation and loneliness. Surgeon General Vivek Murthy named social media as one of the main reasons young people feel more alone. "Social media is not this monolithic experience where everybody experiences the same thing," he says. Navigating an uncertain futureHaidt proposes a few solutions for Gen Z and their parents to curb social media and smartphone reliance. It followed an announcement by the Los Angeles Unified School District that it will ban student cellphone and social media use starting next year.
Persons: Jonathan Haidt, Vivek Murthy, Murthy, Haidt, Zach Rausch, Haidt's, Rausch, , Jeffrey Hall, Candice L, Odgers, That's, Mark Zuckerberg, Jennifer Breheny Wallace, Z, Kyle K, Moore, Wallace, that's, Orna, Guralnik Organizations: U.S, The, NYU's Stern School of Business, University of Kansas, Odgers, University of California, Affordable, Facebook, Meta, Social, Pew Research, Economic, Institute, Harvard University, University of Chicago, New, New York City Public Schools, Los Angeles Unified School District, CNBC Locations: U.S, defensiveness, United States, Irvine, New York City, New York
Here are some of their top tips for getting a good night's rest. Consider these 5 signs you might need a sleep divorceA sleep divorce is not as drastic as it sounds. Try a sleep expert's bedtime routineDr. Richard Schwab, chief of the division of sleep medicine at the University of Pennsylvania Perelman School of Medicine, shared his sleep routine with Make It in 2022. To get optimal sleep, Schwab recommended setting the ambience in your room by making sure it's your preferred temperature and light exposure. "Before taking magnesium or melatonin for sleep, it's important to establish proper sleep hygiene and habits."
Persons: Shelby Harris, Harris, Snore, Richard Schwab ,, Schwab, Rebecca Robbins, Robbins Organizations: CNBC, University of Pennsylvania Perelman School of Medicine, Harvard Medical School's Division, Sleep
In addition to locations in Manhattan and Brooklyn, Cohabs has properties scattered across European cities including Madrid, Paris, London and Milan. Ishan Abeysekera decided that choosing a communal living space would increase his chances of making friends in a new city. Valentina Duarte | CNBC Make ItAbeysekera actually didn't set out to have so many roommates — or any roommates at all. On a whim, he looked up communal living in Brooklyn and came across Cohabs. Each person has their own locker in the communal living area, and the six refrigerators have enough space for each tenant to have their own shelf for their groceries.
Persons: Ishan Abeysekera, Valentina Duarte, , Abeysekera, Ishan's Organizations: CNBC, Cohabs, Financial Locations: New York, Brooklyn, Manhattan, Cohabs, Madrid, Paris, London, Milan, New York City, Crown Heights , Brooklyn
Emery Wells put himself on the path to a dream career by recklessly buying a $17,500 camera that he definitely couldn't afford. By 2014, his post-production company Katabatic Digital brought in more than $1 million in annual revenue from clients like Coca-Cola and Pfizer. Wells: Post-production is client service work. Did you always think Frame.io could become a billion-dollar company? I don't know if we're really going to get there."
Persons: Emery Wells, who'd, Wells, John Traver, shuttering, Traver, I'd, Mark Zuckerberg, Mark, we're Organizations: CNBC, Adobe, Digital Cinema, Katabatic, Cola, Pfizer, Frame.io Locations: Wells, New York, Katabatic
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