Thanks to a buoyant stock market, the richest people in the U.S. just keep getting richer. That has made it harder than ever to join the ranks of the 400 wealthiest Americans. The price of entry to The Forbes 400 this year is $1.55 billion, the highest it’s been since Forbes started tracking American wealth in 1982. Last year it took $1.3 billion to score a spot. Because the bar is so high, 113 U.S. billionaires didn’t make the cut.
Facts And Figures About America’s Wealthiest.
Is it already time for the semi-annual conversation with each of your direct reports?
This may seem more painful than your semi-annual dental cleaning, but regardless, you are now expected to bring each of your stellar and not-so-stellar team members into your office and fill a 45-minute block on your calendar with topics of mutual interest in the realm of professional development.
An effective discussion on performance development follows a repeatable formula, much like one adopted by Steven Spielberg in his pursuit for theatrical excellence–an honorable protagonist, the struggle to overcome human fallibility, a cast of supporting characters, and the possibility of a sequel that may very well surpass expectations. Click to see the formula you can follow for your next feedback cycle.
An effective discussion on performance development follows a repeatable formula. Check out this 7 step formula.
Professors Joseph Raffiee and Jie Feng at the University of Wisconsin-Madison found that “hybrid” entrepreneurs – people who maintain their regular gig and while launching their new ventures in stages – are a third less likely to fail than those who jump in sans safety net.
Additionally, they maintain that hybrid business owners who transition to full-time self-employment “have much higher rates of survival relative” to those who quit their job and then directly start a new company. There is always a factor of risk when launching a new venture, but the study purports that you don’t need to thrive on risk in order to be effective.
Hybrid business owners who transition to full-time self-employment “have much higher rates of survival relative” to those who quit their job and then directly start a new company.
LinkedIn Labs, like Google Labs, is the experimental section of LinkedIn where they test out new features. The Resume Builder takes your LinkedIn Profile and creates an instant resume. You can share the URL of your resume with potential employers or print it out.
You could use a free template for your resume or Google Docs, but then you have to fill in all the details yourself. Resume Builder has one major drawback: it doesn’t export to an editable format. For now, you can only save it as a PDF. Of course, you can always upload that PDF to Google Docs and edit it from there. Hit the link to try it out.
Use LinkedIn to build your resume from your own profile.
The success of a sales leader is dependent on two things. The first is strategy and the second is execution. When it comes to strategy, you need to make sure you have the right one. Part of having the right strategy is aligning your sales resources correctly.
Do you have the Right Rep in the Right Territory?
It seems like an easy question to answer, but is it? In our Annual Research Report we cover the process of creating a winning sales strategy. One of the keys is organizational design. When evaluating or building your sales organization, you need to follow a sequence. This sequence will keep you away from common pitfalls. Here is how the top 10% of sales leaders build their sales team.
The success of a sales leader is dependent on two things. The first is strategy and the second is execution.
We all want to be more successful.
But everything you read probably sounds like a lot of work. Isn’t there a scientifically proven method that’s a little more… fun? There is.
Shawn Achor is the bestselling author of The Happiness Advantage and for years at Harvard he studied exactly that: happiness.
He gave an extremely popular (and, in my opinion, the all time funniest) TED talk.
Want to be more successful? Harvard researcher Shawn Achor explains what new studies show is the fun way to make it big in life.
“Are Liars Ethical?: On the Tension between Benevolence and Honesty,” the authors looks at deception a little differently than people have in the past. They look at deception that sometimes can be helpful to other people. They typically think about deception as selfish deception: I lie to gain some advantage at the expense of somebody else. And we typically think of honesty as something that might be costly to me, but helpful to others.
Is every lie a sin? See what the research says.