Very few things in our lives are absolute. Everything is measured by degree, from our attention to our patience to the range and intensity of our emotions. At the same time, some things are absolute: You can't be all things to all people; you can't dance every dance; and, throughout your life, you've got to make hard choices , sacrifices, and compromises, and then you've got to live with them through thick and thin for a very long time. We become the sum of the choices we make over time; those choices determine the kind of person we end up being--and how the world sees and values us. What we become isn't a necessary result of fate or destiny. It's certainly not foretold or pre-ordained. Throughout our lives we remain a work in progress. Iteration isn't just a business process; it's also a strategy for a life well-lived. We can bend and shape outcomes to match our desires if we consciously, actively, and continually apply ourselves. But the good things we all … [Read more...] about Your Work Is Not Your Life
What overtime pay does
Why Finland Is So Happy (and the U.S. Is So Depressed)
For the past two years, the United Nations has ranked Finland as the world's happiest country. The U.S. has never scored in the top 10 since the index was launched in 2011, and in 2019 it plummeted to 19th. While Finland seems perennially chirpy, the U.S. is seeing growing rates of depression, drug addiction, and suicide . Here are six reasons that residents of Finland (7.1 percent of whom are immigrants, BTW) are so happy when compared with their American counterparts: 1. Finns pay higher taxes but see more results. According to the conservative think tank the Brookings Institute, Finland collects 44 percent of its gross domestic product (GDP) in taxes versus the 26 percent of GDP that the U.S. collected in 2015. (For comparison, Denmark collects 46 percent and Mexico 17 percent.) So taxes are relatively high in Finland, which you'd think would tend to reduce overall happiness. However, higher taxes don't seem to bother the Finns, for two reasons: … [Read more...] about Why Finland Is So Happy (and the U.S. Is So Depressed)
Mark Zuckerberg announces new creator monetization tools for Facebook and Instagram
In a seven-part threaded post yesterday, Facebook founder Mark Zuckerberg outlined near-future plans that aim to enhance opportunities for influencers and digital creators to earn money by posting on both Facebook and its Meta-owned sister platform Instagram. The announcement includes opening up the Facebook Stars token tipping system to all eligible creators, expanding the Reels Plays Bonus program to more creators, and launching a Instagram Creator Marketplace to help connect sponsors with publishers for brand partnerships. advertisement advertisement “We’re heading towards a future where more people can do creative work they enjoy, and I want platforms like ours to play a role in making that happen,” Zuckerberg wrote. Here’s what creators have to look forward to on Facebook and Instagram: Free use of monetization tools until 2024: Instead of starting to charge creators to use Facebook’s paid online events, subscriptions, badges, and … [Read more...] about Mark Zuckerberg announces new creator monetization tools for Facebook and Instagram
I spent six weeks living in A24-world. Here’s what happened
What makes A24 a cultural powerhouse is not that it released a film last spring in which an inter-dimensional assassin impales himself on an Auditor of the Month trophy, inexplicably shaped like a certain sex toy, although it most certainly did. It’s not that most cinephiles would immediately guess A24 as the company who put out that film, Everything Everywhere All at Once , even if its logo didn’t appear before the credits, although they probably would. No, what makes A24 a steady, sturdy phenomenon is that it started selling $60 designer candle replicas of that unlikely trophy just after the movie’s early-June digital release. advertisement advertisement Whether enough fans purchase the item—a collaboration with Brooklyn-based design studio, Joya —to justify its overhead cost is incidental. Everything Everywhere is now A24’s biggest hit ever , its $89 million box-office haul rendering the digital release a victory lap. The very existence … [Read more...] about I spent six weeks living in A24-world. Here’s what happened
Who’s Going to Make the Cut?
Now is the time to start thinking about how to move your business forward. The process starts by forgetting about the past, because no one has ever succeeded in the past. However great "the good old days" were, they're gone forever and not coming back. As you start to reimagine your business -- not rebuild or restore it -- the hardest single issue is going to be people. Maybe that's always the case. And the hardest questions and most difficult choices are going to be about some of the most senior people in your business, those who've been there from the start. As I always like to remind my peers, gray hair is a sign of age, not necessarily of wisdom. But to be clear, this isn't about anyone's age as much as it's all about their energy, skill sets, and expected contributions to the new order. I realize it's a touchy conversation, but as someone who's personally been in the trenches for more than 55 years, I can tell you that it's never been a more critical one to have. … [Read more...] about Who’s Going to Make the Cut?
The Delevingne Sisters On Prosecco, Pandemics And Pink Drinks
Share to Twitter Share to Linkedin Given Chloe, Poppy and Cara Delevingne’s respective professional successes over the years, it’s surprising it took a global pandemic to join forces. The sisters’ very first collaborative venture—Della Vite—launched in the UK in August 2020 with the unveiling of two premium Proseccos: Della Vite Prosecco Superiore DOCG and Della Vite Treviso DOC. And, despite a general apathy towards the Italian sparkling wine at the time, it went down a storm. “I think for anyone bringing a new product to the market, there are always concerns associated with it, but there was something quite liberating about bring something new, fresh and exciting to a category which didn’t have the best reputation,” says Chloe. “Entry-level Prosecco is a saturated market, but there aren’t many better-quality options out there. People don’t tend to have a favourite brand of Prosecco in the same way as they do champagne or gin. That’s what we’re … [Read more...] about The Delevingne Sisters On Prosecco, Pandemics And Pink Drinks
HONOURING MALAYSIA’S BEST PERFORMERS IN ESG EXCELLENCE: The Edge to roll out Malaysia’s first ESG awards
This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A THE momentum to adopt environmental, social and governance (ESG) criteria and sustainability practices in the capital market has picked up significantly in the past few years. By the third quarter of 2021, assets in global sustainable funds hit a record high, according to investment research firm Morningstar. At the same time, more than 70 countries — including the biggest polluters — have set a net-zero target and over 1,200 companies have put in place science-based targets to reach net-zero emissions, according to the United Nations. In Malaysia, at least 44 out of the 54 Sustainable and Responsible Investment (SRI) funds approved by Securities Commission Malaysia were launched in the last two years. As at December 2021, 94% of the top 50 listed companies in Malaysia had ESG strategies and 68% had emissions reduction policies, according to PwC’s research. … [Read more...] about HONOURING MALAYSIA’S BEST PERFORMERS IN ESG EXCELLENCE: The Edge to roll out Malaysia’s first ESG awards
Prepare for scrutiny if you want to play the big boys’ game: Experts on RBI’s recent fintech crackdown
Representative Image A two-paragraph notification from the RBI on June 20, which clarified that loading prepaid payment instruments (PPIs) such as wallets and prepaid cards with credit lines was not permissible, left the entire fintech ecosystem concerned about the legality of many current business models. In a panel discussion by Moneycontrol, fintech founders and experts said that companies would have to build business models within these regulations if they are to thrive in the fintech space. Srinath Sridharan, a member of the Fintech Association for Consumer Empowerment, said that the move by the RBI shouldn’t be viewed as negative towards fintech startups. Earlier, MoneyControl had reported that fintech startup founders had not taken kindly to the notification issued by the RBI. Being a part of a regulated space, fintech startups would have to build business models around the rules, Sridharan said. “If you want to play the big boy game, be ready for fit and … [Read more...] about Prepare for scrutiny if you want to play the big boys’ game: Experts on RBI’s recent fintech crackdown
Miracles don’t come on their own
Lee Ha-kyung The author is the chief editor of the JoongAng Ilbo. A perfect storm is threatening the Korean Peninsula. President Yoon Suk-yeol raised the alarm about the mix of crisis factors in the economy. Economic policy chiefs insist on taking emergency and preemptive measures to weather the storm. We are back to the wake of the Asian financial crisis in 1997, where dissident-turned-president Kim Dae-jung helped save the country from the brink of a national default. Frankly, I had never imagined Kim would become a president. To foreign eyes, he was a symbol and hope for Korean democracy. But at home, he was an anti-government threat to the military regime at war with North Korea. I interviewed Kim when he was confined at home upon returning to Seoul in February 1985 from the U.S., where he had stayed after his release from a death sentence for treason. Kim was watched day and night by intelligence officers. He had to raise the volume of the FM radio to avoid wiretapping. … [Read more...] about Miracles don’t come on their own
Yes, PPE can be reusable. AmorSui is making sure of it
Beau Wangtrakuldee, Ph.D., is a scientist, entrepreneur, and founder of AmorSui, a modern protective apparel company redesigning personal protective equipment (PPE) to empower women with greater function and protection in lab and medical settings. She spoke to Doreen Lorenzo for Designing Women, a series of interviews with brilliant women in the design industry. advertisement advertisement Doreen Lorenzo: Have you always had an interest in design? Beau Wangtrakuldee: The way I think about it, science and design are really closely related. You design to solve a problem. You conduct a science experiment to solve a problem. I’m a former Ph.D. scientist, so I’d work in the lab on drug discovery, antibacterial drugs, and material science. It’s all about problem-solving, creating something that can actually resolve an issue or a challenge. What inspired you to launch AmorSui? advertisement One day when I was conducting an … [Read more...] about Yes, PPE can be reusable. AmorSui is making sure of it