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☆ Barbara Corcoran: A $320 coat was the 'best investment I ever made' at age 23—'it changed my life'
▼ + stars: | 2023-08-21 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

When Barbara Corcoran started her real estate firm at age 23, she quickly noticed a difference between herself and her competitors. Corcoran bought a wool coat with a brown and white print, high collar and a $320 price tag before tax, she said. Despite its hefty price, Corcoran says the coat gave her the one thing she "desperately" needed at the time: confidence. "I wore my coat for the next four years, and it was the best investment I ever made. Nearly three decades after founding her firm, Corcoran sold it to brokerage firm NRT for $66 million.

Persons: Barbara Corcoran, Corcoran, Bergdorf Goodman, Adam Galinsky, Hajo Adam, It's, You've, Warren Buffett Organizations: CNBC Locations: New Jersey

☆ Bill Gates thought school wasn't 'interesting' as a child—until a conversation with his 8th grade teacher
▼ + stars: | 2023-08-20 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Even Bill Gates thought school was boring as a kid. While in middle school, Gates didn't find learning "interesting," he recently said on his "Unconfuse Me" podcast, in an episode featuring Khan Academy CEO Sal Khan. But the teacher spotted potential, and took the opportunity to encourage Gates to put some effort into his education. Gates went on to develop his mathematics and coding skills in high school, before dropping out of Harvard University to co-found Microsoft in 1975. "I do think the AI will be like a great high school teacher who really marks your essay, and you go back and think, 'OK, I need to step up there,'" Gates said.

Persons: Bill Gates, Gates, Sal Khan, we're, tiredness, Michael Roberto, Roberto, Warren Buffett Organizations: Khan, Bryant University, Harvard Business School, Harvard University, Microsoft Locations: Yale, U.S

☆ The No. 1 'underused' skill highly successful people share, says Harvard-trained career coach: 'It's really not that hard'
▼ + stars: | 2023-08-18 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Highly successful people possess a skill that helps them get and stay ahead, says a Harvard-trained executive coach: They listen with curiosity. "It's really not that hard," Muriel Wilkins, co-founder of leadership consulting firm Paravis Partners, recently told the "Radical Candor" podcast. Listening is the biggest and the most underused skill that helps drive empathy, and a lot of other things as well." Nearly all (96%) professionals consider themselves to be good listeners, according to 2015 research from Accenture, a IT consulting company. However, 50% of adults don't recall what they hear only moments after hearing it, a 2013 Carnegie Mellon study reported.

Persons: Muriel Wilkins, Wilkins, they've, Everette Taylor, Taylor, Warren Buffett Organizations: Harvard, Paravis Partners, Accenture, Carnegie Mellon, American Psychological Association, Harvard University, Catalyst, CNBC

☆ A key part of success that a lot of people overlook, according to the 34-year-old Kickstarter CEO
▼ + stars: | 2023-08-16 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Hard work, determination and perseverance can all contribute to a successful career. But there's one key underrated element, according to Everette Taylor, CEO of the crowdfunding platform Kickstarter: Timing. And though he says he's worked diligently to achieve his current stature, timing played a huge role, too. For example, "the way Kickstarter discovered me is that one of the board members happened to be reading a Financial Times article about me," he says. But also the intentionality to put yourself in a position to have new opportunities and then execute on those opportunities," he says.

Persons: Everette Taylor, Taylor, he's, I've Organizations: CNBC

☆ Will Smith: The No. 1 one thing you can't build a successful career without—you may already have it
▼ + stars: | 2023-08-15 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The secret to success is simple, says Academy Award-winning actor Will Smith: Surround yourself with great people. Success is "a team sport," Smith, 54, said on a recent episode of "Hart to Heart," comedian Kevin Hart's Peacock talk show. The manager's advice was an example of support and collective decision-making between Smith and his team, family and friends, Smith said. What Smith calls a squad, Lisa Skeete Tatum — founder and CEO of Landit, a career consulting platform — calls a "personal board of directors." It's an essential factor in having a fulfilling, successful career, Tatum told CNBC Make It last year.

Persons: Will Smith, Smith, Hart, Kevin Hart's Peacock, James Lassiter, Lassiter, Steven Spielberg, Spielberg, Lisa Skeete Tatum —, Tatum, who's, Warren Buffett Organizations: CNBC

☆ Mark Cuban: 'Success isn’t necessarily how much money you have'—here's how he defines it
▼ + stars: | 2023-08-13 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Mark Cuban says his net worth isn't what makes him successful — it's his ability to to stay focused on doing fulfilling work every day. "Success isn't necessarily how much money you have," Cuban, 65, recently told LinkedIn's "The Path" podcast. "Success is just setting a goal and being able to wake up every morning feeling really good about what you've accomplished." Cuban, a serial entrepreneur and star of ABC's "Shark Tank," has a net worth of $5.1 billion, according to Forbes. "If I'm 25 and I'm doing this again, I'm probably [thinking], 'OK, what can I do to get acquired?'"

Persons: Mark Cuban, —, LinkedIn's, Forbes, CBS's, That's, Wharton, Adam Grant's, I'm, It's, Warren Buffett Organizations: CompuServe, Yahoo, Cuban, LinkedIn, CNBC

☆ 3 things smart parents do to set their kids up for success at back-to-school time, according to a family therapist
▼ + stars: | 2023-08-11 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Back-to-school season is here — and with it come a host of stressors and anxieties for parents and children alike. Separation anxiety looms. Curb your child's — and your own — separation anxietyNearly all children between the ages of 18 months and 3 years old have some level of separation anxiety, according to Stanford Medicine. Parents struggle with separation anxiety, too — especially parents of "pandemic babies," says Aramyan. If that's you, work to avoid projecting your anxiety onto your kids at school or daycare drop off.

Persons: Bedtimes, Gayane Aramyan, Aramyan Organizations: Sherman, CNBC, Stanford Medicine, Children's Hospital of Philadelphia Locations: Sherman Oaks , California, It's

☆ 5 tips to build a lucrative social media career, from an expert who's coached dozens of creators
▼ + stars: | 2023-08-10 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

A lot of Gen Zers want to make a living as content creators. But only 12% of full-time content creators and 3% of part-time creators make more than $50,000 per year off social media, according to Linktree's 2022 Creator Report. Lindo says she's coached roughly 50 social media creators since launching her firm in 2019, focusing primarily on TikTok and LinkedIn. Don't think of social media as an easy 9-5 alternativeYou may think that social media is easier than a traditional job. And you'll need to recognize in advance just how much work goes into building a social media career, as creator Morgan Eckroth told CNBC Make It in May.

Persons: Zers, Patrice Lindo, Nomad, Lindo, she's, influencers, you've, There's, Morgan Eckroth, Eckroth Organizations: Stanford University, CNBC

☆ Yale and Oxford-trained neuroscientist: These 3 questions can help you get better at embracing change
▼ + stars: | 2023-08-09 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

"Change is scary," Shankar said in a recent TED Talk. And when we experience a change that we wouldn't have chosen for ourselves, it's easy to feel that our lives are contracting, that we're more limited than before." If you struggle with rigidity when faced with uncertain circumstances, ask yourself these three questions, Shankar suggested:How might this change improve what you're capable of? Focusing on the opportunities you might gain — rather than what you could lose — can help you better adapt to unexpected challenges. But adapting to change can be a crucial life and professional skill — and practicing self-reflection can help you become more open to uncertainty, said Shankar.

Persons: Maya Shankar, Shankar, Carla Marie Manly, Manly, Warren Buffett Organizations: Yale University, University of Oxford

☆ 34-year-old Kickstarter CEO credits his success to 2 traits: They're an 'essential skill set'
▼ + stars: | 2023-08-07 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Then, he sold the company and landed a VP of marketing job at another startup. Two soft skills helped him navigate that journey, he says: empathy and risk taking. At Kickstarter, Taylor recently implemented a four-day workweek for his employees, a risk that comes with pros and cons. For now, it's paying off, Taylor told Time in June: "We've been just as productive or even more productive with a four-day workweek." Other risks aren't worth taking, Taylor says.

Persons: Everette Taylor, Taylor, Constance Hadley, We've, hadn't, LinkedIn's, There's, there's Organizations: Virginia Tech, CNBC, Boston University Locations: Virginia

☆ Why Mark Cuban doesn't own yachts or hire house cleaners: 'I try to be the same person I was when I was poor'
▼ + stars: | 2023-08-04 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

When it comes to luxury spending, billionaire Mark Cuban draws the line at yachts, butlers and house cleaning services. "I just try to be the same person, I mean, as I was when I was poor, middle and rich," Cuban, 65, told "The Really Good Podcast" on Thursday. Cuban, a serial entrepreneur and startup investor, has a net worth of $5.1 billion, according to Forbes. Rather, Cuban's decision to not pay for certain services is less about frugality and more about his desire for a private life. Still, Cuban wants to remain the same person he was when he was "broke," he said on the podcast.

Persons: Mark Cuban, it's, He's, I've, that's, Cuban, CBS's, he'd, Jerry Katz, Paul Piff, Piff, Warren Buffett Organizations: Forbes, Gulfstream, Dallas Mavericks, University of California, TED, Cuban, CNBC Locations: Dallas, Indiana, Irvine, deservingness, Cuban

☆ An airplane pilot went viral for scolding his passengers—Harvard expert says it's great leadership: 'Bravo'
▼ + stars: | 2023-08-03 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

When a video of an American Airlines pilot scolding his passengers during a pre-flight announcement went viral, some people deemed it patronizing. Others, including a Harvard University expert, are hailing the pilot's speech as an example of strong leadership — at a time when passengers desperately need it. "I say bravo to the American Airlines pilot. "Remember, the flight attendants are here for your safety. After that they're here to make your flight more enjoyable," the pilot said.

Persons: bravo, Bill George Organizations: American Airlines, Harvard University, Harvard Business School, CNBC

☆ Bill Gates used to think this habit was lazy and 'unnecessary'—now it's his No. 1 key for a healthy brain
▼ + stars: | 2023-08-03 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

"One of the strongest things to emerge in [the Alzheimer's] area is the importance of good sleep," Gates said. "It's one of the most predictive factors of any dementia, including Alzheimer's, whether you're getting good sleep." On the podcast, Seth Rogen agreed with Gates, saying his mother-in-law's Alzheimer's diagnosis encouraged him to take sleep more seriously. You don't need sleep,'" Rogen said. It's "super important," Gates said.

Persons: Bill Gates didn't, Bill Gates, Seth Rogen, Lauren Miller Rogen, Gates, —, Rogen, Warren Buffett Organizations: Microsoft, Harvard Medical School, National Health, American Academy of Sleep Medicine, Centers for Disease Control, Apple

☆ Joe Biden says he'd fire employees who don't take personal time off: It's 'a hell of a lot more important' than your job
▼ + stars: | 2023-08-01 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

President Joe Biden has a rule for his staff members: If you don't take time off to tend to your personal life, you might get fired. Upon learning that the staffer "was having trouble at home," Biden told him to skip the Supreme Court hearing. Recalling another instance where he was made aware of an employee's troubles at home, Biden said, "if you don't go home, I'm gonna fire you. Your relationship is a hell of a lot more important than whatever you're doing for me." DON'T MISS: Want to be smarter and more successful with your money, work & life?

Persons: Joe Biden, Biden, —, Jay Shetty's, He's, Bill Gates, Gates, he's Organizations: American Psychological Association, Microsoft, Northern Locations: U.S, Northern Arizona

☆ Couple quit their jobs to open a coffee shop run by people with disabilities: It’s a ‘human rights movement’ in disguise
▼ + stars: | 2023-07-31 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Bitty and Beau's Coffee isn't your average coffee shop. It's a "human rights movement" in disguise, say co-founders Amy and Ben Wright. The husband-and-wife duo left their careers in education and finance — in 2016 and 2020, respectively — to build Bitty and Beau's, a chain of coffee shops run almost entirely by people with intellectual or developmental disabilities. Today, Bitty and Beau's has 19 locations and more than 400 employees across 11 states, according to its website. It started when Amy left the after-school theater program for kids she'd founded, to help the first Bitty and Beau's get off the ground.

Persons: Amy, Ben Wright, Beau's, Wrights, she'd, Morgan Stanley, Ben Organizations: CNBC, Citi — Locations: Wilmington , North Carolina, Dye

☆ John Cena slept in his car and ate free pizza as he racked up job rejections in LA: 'Every avenue of fitness failed'
▼ + stars: | 2023-07-30 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Fame and fortune weren't exactly in the cards for actor and WWE superstar John Cena early on. Finding a job in the field, however, proved harder than he'd thought, Cena told comedian Kevin Hart on Peacock talk show "Hart to Heart." After "every avenue of fitness failed," and a last-ditch effort to become a highway patrol officer fell through, Cena was met with homelessness, sleeping in the back of his 1991 Lincoln Continental and living off free pizza from a local shop. "They had a deal where, if you could eat their whole pizza, you got it for free," Cena said, chuckling. It's a job Cena didn't even know was possible.

Persons: John Cena, Cena, Kevin Hart, Peacock, Hart, —, Cena didn't, you've Organizations: WWE, Springfield College, Continental, Pro Wrestling, Ultimate University, Furious, CNBC Locations: West Newbury , Massachusetts, Los Angeles , California, LA

☆ Harvard expert: Elon Musk's Twitter rebrand shows he's 'out of his element' there—'I don't think he understands social media'
▼ + stars: | 2023-07-27 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Elon Musk's Twitter rebrand suggests that he's "totally out of his element," says Harvard leadership expert Bill George. Musk announced his decision to abandon the 16-year-old Twitter brand Sunday, opting for the new name and logo, X. George, who's studied effective leadership and leadership failures over the past two decades, says Musk's modifications to the platform are a "big mistake." In contrast, running a social media company may require a high level of interpersonal skills, which Musk's own brother says he lacks. "Now, that he has the [new] CEO of Twitter, he needs to let her restore what Twitter was, so [users and] advertisers come back," George says.

Persons: Elon, Bill George, George, Musk, Parag Agrawal, who's, —, Bloomberg —, Tesla, Berkshire Hathaway, Warren Buffett, George agrees, Linda Yaccarino Organizations: Twitter, Harvard, Harvard Business School, CNBC, Bloomberg, SpaceX, NASA, U.S ., Berkshire Locations: Elon Musk's

☆ Elon Musk's rebrand of Twitter to 'X' could get him in legal trouble with Mark Zuckerberg and Microsoft, experts say
▼ + stars: | 2023-07-25 | by ( Ashton Jackson | ) www.cnbc.com time to read: +5 min

Elon Musk's Twitter rebrand could land him in legal hot water with Meta CEO Mark Zuckerberg and others, experts say. On Sunday, Musk announced that he was getting rid of the Twitter brand and logo. Meta's trademark for a white-and-blue X relates to "social networking services in the fields of entertainment, gaming and application development." The announcement comes just weeks after the launch of Threads, a Meta-owned app seen by some as a "Twitter clone." X may be "powered by AI" in the future, as Yaccarino noted, but the first phase of Twitter's rebrand is simple for now.

Persons: Elon, Mark Zuckerberg, Musk, Linda Yaccarino, Josh Gerben, Stacy Wu, Wu, didn't, Yaccarino, Joe Biden, Kamala Harris, Biden, " Biden, adieu Organizations: Twitter, Meta, Microsoft, Reuters, CNBC, Google Locations: we're, New York, China

☆ 28-year-old self-made billionaire started his self-driving car company in his parents' garage—now he's worth $1.6 billion
▼ + stars: | 2023-07-24 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

When Austin Russell was a 17-year-old high school student, he founded Luminar Technologies, which makes laser sensors that can help self-driving cars detect nearby objects. Now 28, Russell is the world's youngest self-made billionaire, according to Forbes, as Luminar competes with major companies like Tesla and Alphabet's Waymo. But self-driving cars aren't exactly commonplace on American roads, meaning Russell and Luminar have a lot of work ahead of them, despite their lofty valuations. How it differs from Tesla's approachElon Musk's Tesla also seeks to popularize self-driving cars, and Musk's approach to the technology is entirely different. Lidar could potentially change that, Russell says: Cameras can be helpful "for certain use cases," but lidar is "a huge step forward."

Persons: Austin Russell, Russell, Waymo, —, Luminar, Elon Musk's Tesla, Mario Herger, Herger, Tesla Organizations: Luminar Technologies, CNBC, Forbes, Benz, Volvo, Stanford University, Thiel, Washington Post Locations: Orlando , Florida, U.S

☆ Billionaire Chobani CEO Hamdi Ulukaya says successful people can ditch this ‘rigid’ trait: It’s ‘never been my thing’
▼ + stars: | 2023-07-23 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Chobani founder and CEO Hamdi Ulukaya went from working on a farm with little money to running a billion-dollar business — and he did it without sticking to a plan. "[When you stick to plans] you're creating some kind of rigid lines and not seeing the dimension of possibilities." Years later, Ulukaya came across an ad for a fully equipped yogurt factory — and buying it meant he needed a business plan. "I made my first business plan that I wrote for the Small Business Administration to [get a loan] to buy that whole factory... Ulukaya isn't the only one ditching the conventional wisdom of building a career plan and sticking to it.

Persons: Hamdi Ulukaya, Adam Grant, Grant, Ulukaya, Chobani, Tim Cook, Cook, I'm Organizations: Small Business Administration, Apple, Duke University Locations: Turkey, New York

☆ Jay Shetty: 'Every day we are assaulted by negativity'—the No. 1 tactic he uses to maintain a positive mindset
▼ + stars: | 2023-07-22 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

That's according to Jay Shetty, a former monk turned life coach and New York Times bestselling author. In his self-help book, "Think Like a Monk," Shetty explains that negative thoughts practically surround us. "Every day we are assaulted by negativity," Shetty writes. Negative thoughts are more prevalent than we may think. On average, a person has 11 negative thoughts every day, including "I'm not good enough" or "I'm not good looking," according to a January poll of over 2,000 people from StudyFinds.

Persons: —, Jay Shetty, Shetty, absolves, Barack Obama, Hasan Minhaj, Obama Organizations: New York Times, Mayo Clinic

☆ Barbara Corcoran: This is the No. 1 quality that all ‘worthwhile employees’ share
▼ + stars: | 2023-07-21 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Barbara Corcoran knows what it takes to catapult your career to the next level. In her 20s, the multi-millionaire worked as a receptionist for the Giffuni Brothers' real estate company in New York City. She later founded her own residential real estate company, The Corcoran Group, with just $1,000 — and later sold it for $66 million. Corcoran says trying harder, working harder and going the extra mile when she was an employee helped her become successful, and she advises others to do the same. The only worthwhile employee is the employee who takes the most stuff off the boss' desk."

Persons: Barbara Corcoran, Corcoran, Mark Cuban, Randall Kaplan Organizations: The Corcoran, CNBC Locations: New York City, U.S

☆ Harvard psychologist: The 'common enemy effect' may explain why Elon Musk's declining popularity could benefit Mark Zuckerberg
▼ + stars: | 2023-07-20 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

Zuckerberg's found early success luring dissatisfied Twitter users to his new competitor, Threads, which launched earlier this month and quickly amassed 100 million users within days. At the end of 2022, after he acquired Twitter, Musk's net favorability had dropped by 13 points among U.S. adults, according to a survey by Morning Consult. In this case, a common disdain for Musk's Twitter could be the cause for Thread's flood of new users. But Warren makes it clear that growing a business using the "common enemy effect" may not be sustainable. "[The common enemy effect] is often a slippery slope to build a business around, although it may be effective in getting people to buy into a common cause," Warren says.

Persons: Elon Musk, Mark Zuckerberg, Zuckerberg's, Zuckerberg, favorability, It's, Dr, Cortney Warren, Warren Organizations: Twitter, Morning, Meta, Cambridge, Harvard, CNBC

☆ 'Shark Tank' CEO who started with $500: This tip helped me top $4.9 million in revenue
▼ + stars: | 2023-07-17 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

Today, she's made over $4.9 million in lifetime revenue — and a lesson from guest shark, Emma Grede, helped her do it. Philomina Kane was 26 years old when the clothing business she started with $500 landed her a six-figure deal on ABC's "Shark Tank." Grede's advice ended up proving immediately useful while Kane deliberated her "Shark Tank" deal. "Shark Tank was one of the best moments of my life," she says. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

Persons: Kane, she's, Emma Grede, Philomina Kane, Lori Greiner, Emma, it's, Warren Buffett Organizations: CNBC, Kin Apparel, Apparel, Kin

☆ Barbara Corcoran: You don't need to 'work your buns off to get rich'—here’s what to do instead
▼ + stars: | 2023-07-16 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Barbara Corcoran has an unpopular opinion that sets her apart from most millionaire entrepreneurs. "I don't agree that you should work your buns off to get rich," Corcoran, the founder of real estate firm The Corcoran Group and star of ABC's "Shark Tank," tells CNBC Make It. But she never put her work before other aspects of her life, like family, health or time off, she says. Self-made millionaire Grant Cardone has encouraged working 95 hours per week to attain a seven-figure net worth. "If you can outwork the rest of the population, you're going to get lucky," Cardone told CNBC Make It in 2017.

Persons: Barbara Corcoran, Corcoran, Elon Musk, CNBC's David Faber, Grant Cardone, Cardone Organizations: Corcoran Group, CNBC

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