I am often asked about how I keep employees inspired and productive. It's an essential question since companies today must accomplish more, with fewer people. The most successful start-ups must be lean, nimble, and fierce. In a nutshell, you should hire bright, energetic, innovative employees. Then offer them the right incentives--the ones that will impact their personal brain and personality types--to keep them mentally and emotionally invested in doing their best. It's impossible to talk about motivation without mentioning Drive , a book by best-selling author Daniel Pink. (His TED lecture was turned into a fabulous video .) Pink notes that people perform best when they are given autonomy, opportunity for mastery, and the belief that their task is meaningful. He says money is not the best motivator, and that employees want to be "players, not pawns." Pink believes Google's "20% time," in which employees may spend one day a week on whatever they want is a shining … [Read more...] about 10 Ways to Motivate Anyone
What motivated progressives to seek reform
Share to Twitter Share to Linkedin The Biden administration is in the process of implementing significant new federal student loan forgiveness initiatives. These programs may ultimately help millions of borrowers get closer to having their student loans cancelled. But depending on the specific program and the exact timing of that loan forgiveness, some borrowers may wind up getting hit with a surprise penalty: extra taxes. Biden Makes Big Changes To Key Student Loan Forgiveness and Repayment Programs In April, the Biden administration announced historic reforms to federal student loan income-driven repayment (IDR) programs , which include Income Based Repayment (IBR), Revised Pay As You Earn (REPAYE), and other plans. IDR plans allow federal student loan borrowers to make payments based on their income and family size. After 20 or 25 years in the program (depending on the specific plan), any remaining balance can be forgiven. IDR plans have … [Read more...] about Biden’s New Student Loan Forgiveness Changes May Wind Up Costing Some Borrowers
The author, Cindy Domingo, at the Bantayog ng mga Bayani in Quezon City, where the the names of her brother Silme Domingo and friend Gene Viernes, Fil-Am trade unionists, are inscribed. CONTRIBUTED SEATTLE – My heart is heavy with sadness and anger as I organize the annual dinner of A Legacy of Equality Leadership and Organizing (LELO) to honor the 41 st anniversary of the deaths of my brother Silme Domingo and his fellow union brother and friend Gene Viernes. Ferdinand Marcos, Jr., the son of the dictator who was responsible for their assassinations in Seattle on June 1, 1981, has been elected president of the Philippines. Many from Seattle and beyond still remember their cold-blooded murders by Marcos gunmen that took place during afternoon rush hour at the Pioneer Square offices of the Alaska Cannery Workers Union, Local 37, International Longshore and Warehouse Union. It took eight years, three murder trials, and a federal civil suit to bring to justice those who were … [Read more...] about A Time to Rise, Again!
Chadchart Sittipunt rides a bike after casting his vote in the governor elections in Bangkok on Sunday. AFP Among the myriad of implications over Chadchart Sittipunt's thumping triumph in Bangkok's gubernatorial election last Sunday is the restoration of Thailand's self-confidence and Thais' sense of belief that tomorrow will be better than today. After years of political decay and entrenching economic stagnation stemming from societal divisions, Mr Chadchart brings into office what has been described as a "rainbow" coalition made up of people from different walks of life and political party lines, transcending the progressive and conservative sides of the political divide. But as his honeymoon period will soon subside, the Bangkok governor-elect faces daunting and dark challenges. High public expectation over his election victory reflects Thailand's longstanding political malaise and economic slump as well as the public's frustration with the incompetence of the powers-that-be in … [Read more...] about Chadchart’s effect on Thai politics
This article was updated on March 26, 2012. The U.S. spends more than almost any other country on health care, but we’re ranked nowhere near the top of the list in quality of care of quality of life. Clearly, something needs to change--and indeed, the U.S. Supreme Court is now weighing arguments around President Obama's health care reform law. But how do we, as entrepreneurs, even start the discussion? I am not a health care expert, but I can offer up my story as a small business owner. I can tell you what my company, Dero, is currently doing, why we’re doing it, and what needs to be done now. We renew our health insurance policy every May 1. As renewal approaches, I hold my breath for the inevitable: How much will our premiums go up this year? For years, premiums climbed about 20% each spring. And each spring we had to consider how we would respond to these increases, and what effect it would have on our employees and the company. We want to provide the … [Read more...] about How the Health Care Mess Hurts Entrepreneurs
What would you do with a heck of a lot of money? Would you be happier? How much so? In recent days, we've watched the aftermath of the Facebook IPO, and paid close attention as news broke that SAP is acquiring Ariba. We've been thinking about what happens when entrepreneurs come into a windfall. The classic advice is that you should do very little at first--no major lifestyle changes. But of course not everyone follows that advice. Ariba was a public company with a soaring stock price a dozen years ago, when it acquired Jon's company, SupplierMarket. Upon arriving at his new office, he noticed a LOT of flashy German cars filling the parking lot. An employee told him that something like 10% of all BMWs sold in Northern California that year were bought by newly minted Ariba millionaires. We thought a lot about this as we explored how to lead a balanced life in our book, Breakthrough Entrepreneurship . Wealth managers certainly have a theory or two. Earlier … [Read more...] about Start-up Millionaires: The Best & Worst Ways to Spend Your Money
Sixty percent of Americans are worried that automation is putting jobs at risk, and 39% think their own job will be obsolete within five years, according to PwC’s Hopes and Fears survey . New positions that may not exist today, however, will replace some of the jobs that will be lost to AI. But, if your job is at risk, it’s a good idea to have plan B in place now so you can seamlessly transition and stay relevant. advertisement advertisement “The only thing we can predict is the unpredictable,” says Scott Steinberg, author of Think Like a Futurist 2022: The Next Normal . “Things tend to move fast and change from week to week at this point, and there will be many next ‘normals.’ Even when many events are outside your ability to control, you can always steer things toward a more positive outcome.” The first thing is to gain situational awareness. It should raise major red flags if your job is easily reduced to a description on paper that anyone … [Read more...] about How to future-proof your job by thinking like a futurist