Never stop believing

- A + A NEW YORK (May 19): Last fall, on the advice of a friend, Odosa Iyamuosa invested his life savings of US$4,000 in a cryptocurrency called Luna. The 28-year-old, who lives in Abuja, Nigeria, researched the coin himself online, and what he found seemed promising. Luna’s price was soaring, thanks to the success of another coin with which it was deeply intertwined, TerraUSD. Some of the crypto industry’s biggest names had already invested, including Galaxy Digital Holdings Ltd, the high-frequency-trading firm Jump Trading, and venture investment arms of the exchanges Coinbase Global Inc and Binance. For Iyamuosa, it seemed like his best hope to get out of Abuja, where he says many jobs pay just US$2 a day, or less. He’d scraped together a little money selling knockoff Nike and Adidas sneakers to local buyers he found on Instagram. He wanted to increase his savings to US$16,000 and enroll in a data-analytics programme at a college in Toronto so he could get a job … [Read more...] about A US$60 bil crypto collapse reveals a new kind of bank run

I once had an associate, one of my all-time best, who was a rising star but lacked genuine empathy for his direct reports. It was a career blocker for him. I noticed him going through the motions of acting as if he cared, but it rang hollow and not just to me. In one of our one-to-one monthly discussions, I asked him point-blank, "Are you doing that because you want people to do what you ask, or are you doing it because you truly care?" I believe my candor shocked him, but I'd made my point. After that meeting, I noticed him begin to demonstrate real compassion and generosity , and many others told me they noticed too. Had we not had that conversation, it would have been unfair to him--a disservice. He later left to become the co-founder and CEO of a well-financed, ambitious startup. There are many different kinds of generosity and many different ways to be generous with your team. A companywide pizza party is one small, obvious gift, but I like to think … [Read more...] about The 12 Principles of Generous Leadership

Self-doubt is common among entrepreneurs. When business owners are overcome with these doubts, it can hold them back from achieving their goals and reaching their full potential. Thankfully, there are ways to work through these limiting beliefs and develop a more secure mindset -- and it often begins with learning from other entrepreneurs who have endured those same struggles. To help reframe your current way of thinking, a group of leaders discussed some limiting beliefs many entrepreneurs have and how you can overcome them. 'Success should come easy.' Many entrepreneurs get discouraged when their efforts aren't immediately yielding results because they somehow believe success should be easier to achieve. "Logically, we know that success rarely comes easy -- and yet, it's so easy for entrepreneurs to expect immediate visible success," says Ismael Wrixen, executive chairman of FE International . "In truth, for an entrepreneur to achieve their goals, … [Read more...] about 8 Limiting Beliefs That May Be Holding Your Business Back

Last week it was revealed that six children have died in the southern provinces of Thailand since June this year. Sadly, children die all the time through misadventure and incurable disease. But these six children died from Measles, one of the many diseases that have been brought under control in most communities over the past half century. Vaccination has also brought under control scores of other, in the past, deadly or disabling diseases. Here are just a few… Measles Rubella Cholera Meningococcal disease Influenza Diphtheria Mumps Tetanus Hepatitis A Pertussis Tuberculosis Hepatitis B Pneumoccocal disease Typhoid fever Hepatitis E Poliomyelitis Tick-borne encephalitis Haemophilus influenzae type b Rabies Varicella and herpes zoster (shingles) Human papilloma-virus Rotavirus gastroenteritis Yellow fever Japanese encephalitis There is no mystery about all this. The untold misery … [Read more...] about Religious tolerance is OK until it starts interfering with community health

(CNN) Ford is advising the owners of 39,013 Ford Expedition and Lincoln Navigator SUVs to park their vehicles outdoors because they could spontaneously catch fire. The specific full-sized SUVs in question were all built during a four-month period between December 1, 2020 and April 30, 2021, according to a Ford statement on Thursday. So far, 16 of the SUVs have caught fire while parked and turned off. Fourteen of the vehicles were in rental fleets while two were owned by retail customers. The automaker said it is aware of one injury apparently resulting from the issue, but provided no further details about the extent of the injury or its circumstances. Twelve of the fires happened while the vehicle was parked and turned off, one while the vehicle was parked and turned on and three while it was in motion, according to the company. The exact cause of the fires, which are believed to start in the rear passenger side of the engine compartment, is still being … [Read more...] about Ford advising 39,000 Expedition and Navigator owners to park outside due to fire risk

Imagine if you could control your iPhone with your mind. How would that actually work? Would sad emotions automatically pull up cute animal YouTube clips? Would you use your brain as a cursor to hit buttons? Would you type text messages by thinking words . . . and if so, how do you stop from thinking words *BUTTS* that you didn’t *ARMPITS* actually want to send? advertisement advertisement These are the questions both asked and answered in a new series of concept videos imagining a day in the life of having a brain-computer interface (BCI). We are on the precipice of computer chips being able to read sizable pieces of human thought while companies like Meta and Snap have funded research in this industry estimated to reach $3.3 billion by 2026. Just as designers needed to invent modalities like pinch-to-zoom to make touchscreen smartphones feasible, so too will they need to create new interfaces for us to focus our jumbled thoughts into organized … [Read more...] about What a brain-controlled computer might feel like

As the Great Resignation moves millions of workers from one job to another, you have a different goal in mind: moving up within your current company. But how do you get that promotion —and get it fast? Here’s your pull-out-all-the-stops guide to help you advance in record time. advertisement advertisement Start with your goal The first step to making your career goal happen is to clearly define what you want and why you want it, says Lise Stransky, founder of career-coaching firm Careers That Work for You. And then think about the underlying “why?” Are you looking for career growth or simply more money? What is the need or want that is driving you to pursue these goals? Breaking out your “why” helps you in two ways. First, it can help keep you motivated to pursue your goal. In addition, it can help you understand whether there is some other way this goal could be fulfilled, Stransky says. For example, if you’re looking for more … [Read more...] about 16 simple things to do now to get a promotion this year

Share to Twitter Share to Linkedin Elodie Lamer and Nana Ama Sarfo of Tax Notes discuss the tax implications of golden visas and passports, which allow affluent foreigners to receive residency or citizenship in exchange for a minimum level of investment. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I'm David Stewart, editor in chief of Tax Notes Today International . This week: good as gold. The idea of immigration often conjures up black and white images of huddled masses on ships in New York Harbor. People seeking new opportunities to make their fortune. But what happens for people who've already made their fortune and don't have time to wait in line for the normal process? And what about the growing class of remote workers who don't need to be physically anywhere? This week, we're talking about golden passports with Tax Notes reporter Elodie Lamer and Tax Notes … [Read more...] about First-Class Tax Opportunities: Golden Visas And Passports

Share to Twitter Share to Linkedin Americans have been using credit to buy things for just about as long as America has existed, but the consumer goods market has undergone massive changes. So, it’s very easy to forget how the plastic cards that we rely on became so prevalent. Unfortunately, forgetfulness won the day in last week’s Senate Judiciary Committee hearing . Supposedly a fact-finding mission about the fees that retailers pay when customers swipe their cards to make a purchase, much of the discussion made it seem like Visa V and MasterCard recently swooped into America and took over the card network business. Obviously, that’s not what happened, and the way the industry has developed should inform public policy . Nonetheless, the proceedings made it quite clear that Senator Dick Durbin (D-IL) wants to extend price controls and routing mandates to the credit card market. (For those who don’t remember, Durbin was the author of … [Read more...] about Congress Should Repeal The Durbin Amendment, Not Expand It To Credit Cards