ReportWire

Tag: Connections

  • Connections Help, Hints & Clues for Today, January 5

    [ad_1]

    Need a little nudge with today’s NYT Connections puzzle? The January 5 edition can be sightly challenging, with several words that seem to fit more than one category at first glance. If you’re feeling stuck, a few smart hints can help everything click into place.

    To make things easier, we’ve rounded up today’s January 5, 2026’s hints, clues, and complete answers below.

    Connections hints for January 5

    Today’s puzzle includes words like: Brutal, Pole, Comment, Very, Volt, Impression, Five, Lurk, Opposite, Manner, Versus, Post, Real, End, Extreme, Like (via TheGamer).

    If you are a player who feels somewhat stuck, here are several tips from Connection dated January 5 to assist you in navigating the categories:

    • Yellow Group: This group focuses on the online realm, featuring verbs that you would typically use while browsing, posting, or engaging on the internet.
    • Green Group: Words in this category pertain to maximum separation. Consider the most possible distance between two points.
    • Blue Group: These answers begin as ordinary, but once a specific suffix is used, they evolve into terms linked to art or creative expression.
    • Purple Group: This challenging set centers around a single letter and the various meanings it can convey. However, stay alert, as that same letter appears in every word within this group.

    What are the Connections answers for today, January 5?

    For individuals ready to examine the responses for Connections from January 5, we provide them below:

    Yellow Group: Comment, Like, Lurk, Post

    Green Group: End, Extreme, Opposite, Pole

    Blue Group: Brutal, Impression, Manner, Real

    Purple Group: Five, Versus, Very, Volt

    Connections, available free on The New York Times website and through the NYT Games app, challenges players to sort 16 words into four groups linked by a shared idea. If you’re still warming up to the NYT word game, a couple of simple tactics can make it much easier.

    Begin with the yellow group, as it’s typically the most obvious and helps you build momentum early on. Also, make good use of the shuffle option. Seeing the words in a new order can spark connections you might have missed before.

    [ad_2]

    Ayesha Zafar

    Source link

  • Why High Performers Build Smaller Networks, Backed By Organizational Science

    [ad_1]

    A reader emailed the other day to ask for networking tips because he saw I I have over 19,000 LinkedIn connections. “How can I build such an amazing network?” he asked.

    What he didn’t know is that I initiated maybe a dozen of those connections, and of those number, only a handful are actually useful (“useful” meaning mutually beneficial.)

    I told him to focus on the quality of his connections, not the quality. According to research conducted by professor Rob Cross of the University of Virginia:

    Traditionally, self-help books on networks focus on going out and building mammoth Rolodexes.

    What we’ve found is that this isn’t what high-performers do. What seems to distinguish the top 20 percent of performers across a wide-range of organizations is not so much a big network.

    In fact, there is usually a negative statistically significant likelihood of being a top performer and knowing a lot of people. [My emphasis.]

    That doesn’t mean top performers don’t network, though. What distinguishes them is how they make connections.

    • They develop “open” networks. They build ties outside their specialty or field. Instead of limiting their network to people within their industry or area of interest, they branch out. Research shows that people who build open networks earn higher salaries and get promoted more rapidly.
    • They manage “balanced ties” across organizational lines to obtain information and influence impact. They network not just across functional lines, but also up and down hierarchical levels. They know a few CEOs. They know a few shipping clerks. As a result, they learn things others might not. They gain support others might not. Interestingly, they gain a sense of purpose and satisfaction that implicitly leads to higher performance: we all work harder when we care.
    • They nurture relationships that extend their abilities. Only connect with people like you? You’re unlikely to develop greater perspective, insight, or knowledge.
    • They exhibit behaviors that build high quality connections. Creating five meaningful connections — five mutually-beneficial connections — is more powerful than racking up 500 surface-level connections.

    Sum it all up, and two things stand out:

    1. The more open your network, the better, and
    2. The higher the quality of the relatively few connections you do make, the better.

    Focusing solely on developing relationships within your functional area or field limits your ability to learn, and grow, and make helpful connections — and just as importantly, to connect with people who can help each other.

    So how can you develop a more open network, one based on meaningful connections? 

    Be open to learning about other people, especially people who are different from you. Different industries. Different backgrounds. Different perspectives. Different experiences.

    You already know people similar to you. The key to building an open network is meeting a few people who aren’t like you.

    And then take the time to build those relationships. Give, with no expectation of ever receiving. Compliment, with no accompanying request for a favor. Introduce, without expecting an introduction in return.

    Check in simply because you thought of that person…. not because something you need made you to think of that person.

    Do those things, and you’ll build stronger connections — and you’ll be a lot more likely to succeed.

    And so will they.

    The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.

    [ad_2]

    Jeff Haden

    Source link

  • I Had the Right Answer in a Room Full of Decision-Makers — But No One Backed Me Until I Did This | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Here’s a moment every technical leader knows too well: you’re in a room full of executives, creatives, agents or business leaders — and you’re the only one who speaks “tech.” Maybe you’re a new CTO. Maybe you’re just the most technical person in the room. You have ideas that could solve real problems. But no one gets what you’re saying.

    I’ve been there more times than I can count — at UTA, the Clippers and now as co-founder of SkaFld Studio. And here’s what I’ve learned the hard way:

    It doesn’t matter if you’re right if no one understands you.

    Your job isn’t just to solve complex problems. It’s to help others see how those solutions fit their world. Harvard Business Review backs this up: the best leaders use clear, resonant language to make complexity approachable. That requires more than just communication skills — it requires empathy, strategy, and what I call the Translator Mindset.

    The instinct is to lead with jargon, credentials or cleverness. But that only creates distance. The Translator Mindset is about meeting people where they are, then guiding them somewhere new. Clarity matters more than ego. Connection matters more than correctness.

    Related: How to Build and Sustain Deep, Meaningful Business Relationships (and Why It’s the Key to Long-Lasting Success)

    What the Clippers taught me about influence

    One of my most valuable lessons came during my time with the LA Clippers, at a moment when the entire league was embracing analytics. We had the data. It felt like we had the answers. But I was walking among legends — Jerry West, Doc Rivers — and when they have an opinion, you listen.

    During a tense draft season, the analytics team wanted to cast a wide net, calling dozens of prospects to increase our odds. But the old guard insisted we focus only on the top few. And more importantly, they wanted those calls to come from someone with real influence — one of our big names.

    They were right. Every player who got a call from one of our top voices came on board.

    The data team wasn’t wrong. But they were missing the bigger picture: it wasn’t about efficiency — it was about influence. That moment showed me how instinct and data don’t need to compete. But someone has to bridge the gap.

    Why tech initiatives really fail

    Most tech ideas don’t fall apart because they’re flawed — they fail because they’re misunderstood.

    I’ve watched engineers try to bury doubt with detail. But doubt isn’t rational. It’s emotional. Disruption often feels like displacement. Confusion can trigger fear. And fear doesn’t get solved by specs.

    Empathy is a strategy. Before I pitch anything technical, I ask myself:

    • What does this audience actually care about?
    • Where might they feel threatened?
    • How do I make them feel like co-owners of the solution?

    In the early days of my career, I used jargon as a defense mechanism. It made me feel competent. But it didn’t build trust. I had to unlearn that habit and retrain myself to reframe, simplify and connect. Once I did, everything changed — not just for me, but for the people around me. I went from being a translator to being the person who helped everyone in the room align.

    3 tools to help you communicate tech better

    Whether you’re the only technologist in the room or just the one willing to speak up, your job is to create clarity, credibility, and connection. These tools will help:

    1. Reframe, don’t repeat
    When someone pushes back, don’t double down on detail. Reframe their concern in their own language. Make them feel heard — and then offer a clearer path forward.

    2. Start with outcomes
    Never open with the tech stack. Open with the result. Instead of “We’re using containerized microservices,” say “We’re cutting load times by 70% so fans don’t drop off before tipoff.”

    3. Speak their language
    Metaphors work. To a producer, AI is a script assistant. To a VC, it’s a high-frequency analyst. Familiar language lowers resistance and builds buy-in.

    Related: 14 Proven Ways to Improve Your Communication Skills

    You’re the bridge

    You’re not in the room to explain code. You’re there to turn potential into progress — to connect software with story, abstraction with action and fear with adoption.

    That’s leadership. Done well, it builds momentum, earns trust, and drives real change.

    And it starts not with speaking louder — but with being understood.

    Here’s a moment every technical leader knows too well: you’re in a room full of executives, creatives, agents or business leaders — and you’re the only one who speaks “tech.” Maybe you’re a new CTO. Maybe you’re just the most technical person in the room. You have ideas that could solve real problems. But no one gets what you’re saying.

    I’ve been there more times than I can count — at UTA, the Clippers and now as co-founder of SkaFld Studio. And here’s what I’ve learned the hard way:

    It doesn’t matter if you’re right if no one understands you.

    The rest of this article is locked.

    Join Entrepreneur+ today for access.

    [ad_2]

    Charles Sims

    Source link

  • Master These 4 Elements to Develop a Powerful Personal Network | Entrepreneur

    Master These 4 Elements to Develop a Powerful Personal Network | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Consciously or unconsciously, we are all being evaluated by the four Cs of networking. The four Cs are credibility, competence, clarity and connectivity — these are the elements that are necessary to develop a powerful personal referral network.

    When meeting a stranger, you are likely to be asking yourself one or all of the following questions: Can I trust this person? What does he or she want? What are their intentions? Do they want something from me? All of these questions point to someone’s credibility. Credibility means they are believable and worthy of our trust. Virtually no one gives referrals to someone relating to a person that they don’t trust.

    From a general interpersonal and social scenario, trust or trustworthiness is the first box that needs to be ticked off in our minds before we let someone into our referral sphere. We assess a person’s credibility above all else when interacting with others.

    Related: Want to Succeed as an Entrepreneur? Discover the Key to Building Long-Lasting Connections

    Only when credibility has been established would we then entertain evidence supporting one’s level of competence. After all, what good is it to have someone around us who hasn’t earned our trust? In the past and even today when interacting with others, competence is a skill while credibility is a reputation. The more we demonstrate competence and credibility, the more we build trust with someone.

    Credibility and competence go hand in hand in business as they do in non-business social interaction, but there is an important distinction. In terms of business and referral passing, you can have competence without establishing credibility, but you can’t have credibility without being competent. In the business context, competence supersedes credibility — that’s right, competence comes first in a referral relationship! Competence is the possession of the required skill, knowledge and qualifications to apply their craft. In addition to credibility, no one refers people who they don’t believe are competent as well. Ever.

    It’s important to note that competency can lead to credibility, but credibility cannot lead to competency. Competency is a prerequisite for credibility in terms of referral passing. Just because you are credible as a person does not necessarily mean you are competent at what you do.

    As you go about your life interacting with others, you are doing more than just assessing one’s level of credibility and competence, which are the first two Cs. The next C is clarity, which has to do with how clearly a person communicates their message to others. If someone spoke to you in a way that lacked clarity about what they want or need, it is more difficult for you to help them or more specifically refer them to someone in need of their product or service. If someone is not clear about what they value and how they feel, it is not easy for you to read them and connect with them. So even if someone has established credibility and is clearly competent, without clarity, it’s hard to fully understand how to refer them effectively.

    It is human nature when considering others to assess whether they are credible, competent and clear. The fourth C is connectivity. It is a recently coined term, but its relevance to human interactions is also as old as time itself. Connectivity refers to the quantity and quality of a person’s connections. In this day and age, it is fairly easy to determine a person’s connectivity, especially online since you can look at the number of followers they have and the caliber of their connections.

    Related: 5 Ways to Network Your Way to Business Growth and Wealth

    Whether you are aware of this or not, you are assessing how well-connected a person is. As you interact with others, you are calculating one’s level of connectivity. You are observing a person’s acquaintances and with whom they spend their time. Knowing a person’s social circle is important because it is human nature to seek to rub shoulders with individuals who are highly connected. Having the right connections is not only helpful on a daily basis as you go about taking care of your family and resources but also essential, especially during difficult times.

    By now it should be clear that you consciously and or subconsciously assess people you interact with in terms of their credibility, competence, clarity and connectivity. If this is true, then if we turn the tables, it is therefore obvious that you, too, are being evaluated by others with respect to the 4Cs. People are making value judgments with respect to each of your Cs as you are of theirs. The 4Cs are at play whether we like it or not and largely impact how well-respected we are in our communities. If you want to have strong healthy connections with others you will need to invest in developing each one of your Cs. You need to be credible. You need to be perceived as competent. You need to be clear in your communication and you need to grow your connectivity.

    This article was developed in conjunction with Dr. Oudi Abouchacra.

    [ad_2]

    Ivan Misner

    Source link

  • How to Optimize Your LinkedIn Profile in 6 Easy Steps | Entrepreneur

    How to Optimize Your LinkedIn Profile in 6 Easy Steps | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    With more than 1 billion users in 200 countries worldwide, LinkedIn is currently the largest professional networking platform. So, whether for professional networking or job search purposes, it’s more important than ever to customize and optimize your LinkedIn profile. Similar to advertising, visitors to your profile page will likely spend just a few precious seconds to form an opinion, so it’s imperative that everything is clear, concise and on-message. Fortunately, LinkedIn has a robust feature set that enables a lot of customization. Unfortunately, many on the platform overlook key parts of their profile, in some cases not including them at all and often not optimizing what’s there.

    As you craft your LinkedIn profile, the fundamental objective to keep in mind is that you want to clearly articulate four things in a concise and quick-to-digest manner: who you are, what you are doing professionally, what you have done and what you are looking for — especially for those who are job hunting. You should remove anything that does not contribute to any of these points.

    Related: Learn How to Optimize Your LinkedIn Profile and Score Your Dream Job

    Below are six key considerations and configurations in terms of optimizing your LinkedIn profile:

    1. Your profile image

    When you see a person’s profile on LinkedIn, at the very top is a background cover image. It’s shocking how often that critical piece of real estate is left blank. It’s easy to customize, so be sure to upload a cover. Anything is better than nothing, but I strongly encourage you to make the most of that space; don’t simply put a solid image or pattern there. Take advantage of that key spot by selecting an image that provides some sense of understanding and, ideally, even validation for you (check out mine, for example, showing an interview taking place) or, at the very least, conveys some kind of feeling about something important to you.

    2. Get a verified checkmark

    Below the cover photo, you want a verification check next to your name. This is a free service from LinkedIn and ensures potential employers and partners (as well as recruiters for those job hunting) that you are who you say you are. Fraudulent profiles are frequently created, so this verification gives your visitors additional confidence that your profile is legitimate. If you don’t currently have your profile verified, find a way to verify if possible (or the next time you can, do it; it’s important for the future, even if you cannot have it now). Understandably, you may have privacy concerns, and those same privacy concerns are, in reality, relevant to everything you do online via your desktop and mobile phone. Just keep in mind this is a vital verification for your career.

    3. Craft your headline

    Almost everyone on the platform has a headline entered. Many of them badly need improvement. This is a small amount of space to communicate some highly critical information. Avoid any extra words that don’t contribute to your definition. Avoid using lots of symbols. Avoid using broad, general language. Be concise, be specific and use this spot to clearly convey what you are, do, and/or want.

    4. Showcase your work on your “personal billboard”

    LinkedIn has a featured section you can add, yet many people don’t use it at all. Featured items can include posts, newsletters, articles, links, media or spotlighted content from your profile. You also can sort the list, which is essential as visitors will typically only see the first two to four of your featured items (depending on the viewing platform) without scrolling.

    5. List your skills — and endorse your colleagues’ skills

    LinkedIn allows you to list your top skills, and others can endorse you for those individual skills. Often, people have 50-plus skills associated with their profile and endorsements on some number of them. Are you aware that visitors to your profile page only see the top two in the list (unless they click to see more, which most don’t)? And, did you know that you have the ability to sort the list? Be sure to sort your skills so that the top two reflect the most important things a business partner or potential employer would want to see.

    Related: Learn How to Optimize Your LinkedIn Profile and Score Your Dream Job

    6. Showcase your experiences

    Of vital importance is your experiences section, where you list out each of the companies you have worked for. The first mistake people make is using the description to describe the company. Think of this page as your CV; this space is where you should describe your role at the company. A line or two about the company is fine, of course, but consider also using bullets to highlight critical functions and accomplishments you’ve made while working there. This is especially important for your most recent experience or last couple if the most recent is a short duration. Often overlooked is that you can associate skills with each experience definition. You can also add media, such as press releases, white papers, interviews or other media related to your involvement with that company.

    Incidentally, if you happen to subscribe to LinkedIn Sales Navigator, there is a tool available on the platform called the “Social Selling Index,” which measures your social selling efforts. This tool assesses your overall brand, relationships, people and insights. The brand portion of your index relates to your profile.

    Some say LinkedIn is the CV replacement. I wouldn’t necessarily go that far, but it is unquestionably a vital professional tool for networking and worthwhile your time to configure and optimize. In some cases, it literally is used in place of a resume. In some cases, you’ll never make it to even being asked for your resume unless your LinkedIn page tells the right story up front. I encourage you to explore every section, try every configuration, arrange each arrangeable list to highlight what’s most important and be thoughtful with the images you use.

    [ad_2]

    Jason Foodman

    Source link

  • 3 Effective Ways to Connect With Your Customers | Entrepreneur

    3 Effective Ways to Connect With Your Customers | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    In today’s market, the bond between founders and customers is more than a transaction; it’s the cornerstone of sustainable growth and brand loyalty. Modern consumers want authenticity more than ever. They find it difficult to connect with faceless entities and want to follow people rather than businesses.

    This shift towards personal connection in marketing stems from a saturated market where consumers are bombarded with choices and advertisements daily. Personal stories and authentic interactions cut through the noise in this crowded space, creating a memorable impression. Consumers crave realness and transparency at a time when these qualities are scarce in the world of business.

    So, how do you go about deepening your connection with your target audience? Here are three strategies that can turn your customer interactions into a powerful engine for sales growth.

    1. Personalize your approach with behind-the-scenes storytelling

    It’s one thing to sell a product. It’s another to tell a story and share fascinating details that resonate.

    Imagine a founder sharing their journey, the highs and lows, through a series of behind-the-scenes content. This narrative isn’t about humanizing the brand; it’s about creating a shared experience. When customers see the sweat and tears behind a product, they’re not just buying an item; they’re investing in a piece of your process and founder’s story.

    So, how do you start?

    Weekly emails or social media posts that peel back the curtain on your process make customers feel like they’re part of your journey. To do this effectively, begin by mapping out key milestones in your company’s history or product development process. For each milestone, identify a story or challenge you faced and how you overcame it. These stories form the basis of your content.

    Next, use visuals like photos, videos, or even simple sketches to bring these stories to life. Visual content not only increases engagement but also helps to humanize your brand further.

    In your communication, be transparent about the obstacles you’ve encountered and how you’ve addressed them. This transparency fosters trust and relatability. Moreover, invite your audience to contribute their thoughts or similar experiences through comments or direct messages, turning your storytelling into a two-way conversation.

    Publicly tell people the “why” behind your products, services, and company by integrating customer testimonials or user-generated content that aligns with your narrative. This validates your claims and amplifies your community’s voice, making your brand’s story part of their own stories.

    Like successful pitch decks showcase the story behind your brand, so should your content marketing and advertisements. Bringing the “real” to your business breeds authenticity, and that authentic connection will drive your business’s growth. Remember, the goal is to broadcast and engage in meaningful conversations that build long-term relationships.

    Related: 8 Effective Ways to Connect With Your Customers

    2. Leverage technology for personal connections

    AI tools are booming, so personal connection using automation seems like an oxymoron. Yet, technology can be the very tool that brings you closer to your ICP.

    Consider implementing AI chatbots that do more than answer queries. Work with tools, consultants, and language model professionals to custom-tailor AI to chat with your customers.

    Implement these chatbots on your company website and train them to initiate conversations based on customer behavior. Offer personalized recommendations or even simply check in with website visitors. Sometimes, a simple “How are things going?” goes a long way, and this part of your customer experience can be automated.

    This approach won’t replace human interaction, of course, but it will enhance it by making your brand present and proactive in your customer’s lives.

    The key? Ensure these AI communications feel personal and specific, not just like another automated message in their inbox or as a popup. This takes a bit more effort to implement, but the investment is worth it for the long-term growth of your brand and business.

    Related: 6 Ways Connections Create a Sense of Belonging Anywhere With Any Workplace

    3. Create exclusive communities

    Imagine a space where your customers can gather to discuss your product and share their stories, challenges and triumphs.

    There’s a particular company on the rise called Skool, which enables businesses and personal brands alike to do just this. Other great platform choices, such as Circle, Mighty Networks or Kajabi, enable seamless community building. These platforms allow you to make posts and help your customers, but they also give users the flexibility to post and communicate with each other.

    An exclusive community for customer discussion could take many other forms as well: a Facebook group, a Slack channel or a dedicated forum on your website.

    The goal for your community is to foster a sense of belonging and mutual support, turning your customer base into a tight-knit community. Offer insider access, sneak peeks, and the opportunity for feedback. The more valued and listened that customers feel, the more likely they are to advocate for your brand organically.

    Over the long term, these communities become a word-of-mouth marketing machine.

    [ad_2]

    Thomas Strider

    Source link

  • The Robots Are Coming — But Some Jobs Are Better Left To Us Humans. | Entrepreneur

    The Robots Are Coming — But Some Jobs Are Better Left To Us Humans. | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    It doesn’t take much reading to see that artificial intelligence (AI) is rapidly upending our ideas of which activities need to be performed by living, breathing humans. From data analytics to content creation, big businesses and fledgling entrepreneurs alike are experimenting with a wide variety of ways to use AI to cut costs and bolster their bottom line.

    But even with the seeming rush to use artificial intelligence, the value of human-to-human contact cannot be overlooked — especially in those activities that involve direct interaction with the end consumer.

    Turning over your business to robots may seem like a more efficient option, but neglecting human-to-human interactions could ultimately hurt your business in the long run.

    Related: The Human Touch: What It Takes To Maintain Meaningful Client Relationships In A World Driven By Artificial Intelligence

    Many people prefer human interaction over AI

    Notably, even with more people being willing to use artificial intelligence, the vast majority aren’t ready to give up on human contact. For example, a study from Faye Travel Insurance found that while 18% of travelers prefer to use a virtual travel assistant, 23% prefer working exclusively with a human travel agent — and 51% prefer to use both options.

    As this study shows, more often than not, artificial intelligence is being used as a supplemental form of assistance (if it is being used at all) because people still want some form of human help and connection.

    Another example comes from an article published by the University of British Columbia School of Social Work, which notes that while AI has helped offer more resources in the field of social work, many people in need of mental and emotional support are putting a premium on getting assistance from living, breathing people.

    Notably, the article cites the experience of a computer programmer who had access to an online support bot to help address trauma related to a motor vehicle accident. The patient didn’t use the support bot or his online support group because, as he explained, “I prefer talking to real people.”

    Neither of these examples is meant to downplay the fact that many people do use AI for these and other activities — and sometimes prefer it to getting human help. But in an increasingly digital society, the vast majority of people still want some type of human-to-human connection in some aspect of their lives.

    Whether it comes down to trust, personal preference or the need for emotional attachment, there is no denying that people want real, meaningful interaction with other human beings. Even in a recent survey that found that 73% of consumers believe AI can positively impact the customer experience, 77% still said “an element of human touch” was needed to create positive experiences.

    Related: The Human Element: Your Most Important Business Resource

    AI cannot replace real, human innovation

    Writing for The New York Times, columnist David Brooks notes that while AI is poised to provide tools for outsourcing mental work, it also lacks several traits that are inherently human — things that AI can’t truly replicate. As Brooks explains, AI can’t produce a distinct personal voice, true creativity, unusual worldviews, empathy or situational awareness.

    These uniquely human attributes are especially vital when dealing with individuals — whether they be an employee or a customer. Artificial intelligence may be good at identifying patterns and trends, but it is not equipped to form a meaningful, authentic emotional relationship with an individual.

    In his column, Brooks was advising college students on the skills they should develop to set themselves apart as they start their careers. But these same attributes are certainly valuable to entrepreneurs and their businesses as well. Unusual worldviews and creativity are often defining attributes of entrepreneurs that help them develop new ideas to revolutionize industries.

    Of course, such attributes become even more valuable when working with other human partners to generate ideas and solve problems. For example, brainstorming is often cited as a valuable business activity because it forces decision-makers to consider different points of view and avoid groupthink. It encourages critical thinking as people share and evaluate their ideas and perspectives.

    Most importantly, it builds a sense of cohesion as multiple people come together to collaborate and work on a solution. AI can certainly help in this process, such as by helping predict the outcomes of different actions or decisions. But it is unlikely to bring that same energy to the room that you get when going through the work with other people. And its own ideas and output, while they may be useful, aren’t going to be as creative or unique as what your own team might come up with.

    Related: Is AI A Risk To Creativity? The Answer Is Not So Simple

    Don’t forget to be human

    Can AI tools help your business become more efficient? Absolutely. But this doesn’t necessarily mean you should go all-in on trying to automate every last activity. People crave real, human communication and contact. There are many things that machines can do, but it’s important to remember they can’t replace genuine human contact.

    In a day when so many are rushing to use artificial intelligence, remembering to be human could be what helps set your business apart. As you learn to use AI to supplement your efforts while still maintaining a strong focus on the human element that you and your team members have to offer, you can unlock new opportunities and ideas while providing the connection that we all so desperately need.

    [ad_2]

    Lucas Miller

    Source link

  • 3 Ways to Build Unbeatable Rapport That Transforms into Trust | Entrepreneur

    3 Ways to Build Unbeatable Rapport That Transforms into Trust | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Trust is the foundation of any relationship. We follow leaders we trust, buy products from companies we trust and tell the truth to people we trust. When you have rapport, trust can follow if you know how to connect on a deeper level than just creating a harmonious relationship. In our professional lives, trust can increase our productivity, customer base and revenue, so we need to go beyond simply being understanding; we need to create an environment of trust that begins with rapport.

    Most people know how to build rapport; we can smile, find common ground and show interest in others to connect with them. We may overlook the importance of our thoughts, words and body language and the role each plays in our abilities to bond with people and garner their trust. From the onset of meeting someone, we must consider how we come across to them, both verbally and nonverbally, to ensure we appear trustworthy. Understanding how our thoughts drive our behaviors can help us create a comfortable environment for our peers, clients and stakeholders to gain their trust.

    Below, I’ll share three innovative techniques to help you build rapport that transforms into trust.

    Related: Build Trust with Anyone Using These 10 Proven Strategies

    1. Take control of your thoughts

    Our thoughts drive our behavior. They create our emotions and are responsible for our reactions to people and situations.

    Have you ever been cut off in traffic? I’m sure you have. If you’re like me, when this happens, you get angry. You may even yell at the other driver (even if they can’t hear you) and perhaps make inappropriate hand gestures. Most people believe the driver’s actions created their anger. However, people and events cannot make us angry; only our thoughts about people and events can. If we change our thoughts, we can change our feelings and reactions. So, the next time you get cut off in traffic, think this instead: Perhaps the driver didn’t see me. I guarantee your reaction will be different.

    So, how can this help us gain trust? When we work on controlling our thoughts and changing them to be more empathetic, we change how we react to people and situations. Instead of getting angry, we can stay calm and objective in any situation. The less reactive we are, the more people will view us as level-headed and therefore trust us.

    2. Change your language

    This one will surely give you wins if you put in the work! When I was a green interviewer, I used to say, “I know you’re lying to me.” I cringe thinking about this now. Even with a smile, that statement is accusatory. Who in their right mind would say, “Oh yes, I am, so I’ll tell you the truth now.” No one! That statement only invites that person to say, “No, I’m not.”

    A core strategy in my non-accusatory interviewing training is to change our language from accusatory statements and questions to non-accusatory ones. For example, even if you are confident your client is upset with you or your service, you cannot assign them an emotion. So, instead of saying, “You seem upset,” you ask, “How do you feel right now?” Here is another example: If you feel that you were very clear in your message and that the other person wasn’t paying attention to you, you cannot say, “You weren’t listening to me.” Instead, say, “Perhaps I wasn’t clear. I would like to restate what I just said.”

    Speaking in a non-accusatory manner will persuade others to avoid getting defensive. This way, you are actually helping other people stay calm. They will associate this feeling with you and therefore begin to trust you because you make them feel good.

    Related: Use These 5 Hacks to Instantly Build Rapport With Your Clients

    3. Open your body language

    I am sure you all have heard about the importance of body language. I have been teaching body language for decades — and it will take me much more than an article to prepare you on how to analyze it accurately — but I can share this with you, and you will grasp it immediately. You can open your body language to appear open to meeting, connecting and speaking with people.

    To open your body language, all you have to do is take up space by standing straight with your arms at your sides. This posture is called a power pose because you feel powerful and confident as you stand like this. You appear more approachable, and this will encourage people to feel comfortable around you. We trust people who make us feel safe and comfortable. So, here are some tips you can start incorporating today to help you look more open, confident and trustworthy.

    • Stand tall, slightly lift your chin and use good eye contact. You will be seen as someone who is confident and can be trusted.

    • Avoid crossing your hands in front of you and crossing your arms, as this is universally perceived as defensive and closed-off.

    • Talk with your hands — contrary to what your public speaking coach told you, this is natural, so you will feel and look relaxed.

    • Avoid slouching, curling your shoulders in and lowering your head. You will look and feel insecure and may come across as someone who can’t be trusted.

    Now you have three ways to build rapport and gain trust. Do not forget to be predictable with these behaviors! If you display one behavior one day and the opposite another, people will be confused. Confusion is uncomfortable. So, choose the behaviors you want to model and actively behave that way all the time. With a deeper understanding of human behavior, we can naturally forge more trusting relationships.

    Related: 7 Body-Language Hacks to Try When Meeting New People

    [ad_2]

    Lena Sisco

    Source link

  • 5 Crucial Leadership Elements to Earn Your Team’s Trust | Entrepreneur

    5 Crucial Leadership Elements to Earn Your Team’s Trust | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Trust – it’s the performance-enhanced steroid that can transform even the most diverse group of misfits into a high-performance team. Without it, standards and expectations aren’t taken seriously and productivity suffers greatly.

    You have to maintain a high level of trust across your team to ensure buy-in for collective efforts toward a shared company goal. Gaining your team’s trust, though, doesn’t happen spontaneously. It requires a great deal of authenticity, clear communication, strong and stable support, integrity and a whole lot of consistency.

    Having led hundreds of individuals across multiple industries and levels of leadership, including vice president of sales and now CEO, I learned some insightful gems to earn those positions. Here are a few lessons for other leaders aiming to create a culture of trust and extract peak performance from their teams.

    1. Authenticity

    In an era filled with curated personas and the mentality of “fake it til you make it,” authenticity stands out as a refreshing departure from the norm. And just like a well-timed, sarcastic zinger in the middle of a boring and quiet waiting room, authenticity has a way of cutting through the noise (or silence, in this case) and creating an instant connection. People have a great appreciation for authentic personalities. We’d rather work with a jerk who is direct and tells it how it is over someone who shares misinformation to just people please and avoid confrontation.

    So, how can you demonstrate authenticity in the eyes of your team? The answer lies in staying true to yourself and being transparent with others. Expressing your thoughts, feelings, and viewpoints openly (yet tactfully), allows your unique personality to shine through. By being genuine, your team will recognize your sincerity, laying the foundation for trust.

    Related: 3 Ways Authentic Leaders Inspire and Retain Employees

    2. Communication

    Saying nothing says a lot, and is a proven path to damaging your team’s confidence in you as a leader. Clear, consistent and honest communication is at the heart of leadership. To develop trust within your team, you have to communicate clearly and consistently.

    Start by articulating your vision, objectives and expectations to your team, ensuring everyone aligns with the same goals. Encourage open conversation and an environment where team members feel comfortable expressing their thoughts, ideas and concerns free from judgment. And when things go wrong, as they inevitably will, don’t hide behind a wall of silence. Address issues head-on and keep your team in the loop. Remember, a well-informed team is a trusting team.

    Related: Why Effective and Influential Leaders Focus on Direct Communication

    3. Elevate your team

    Great leadership in its purest form is elevating those around you. When you focus on elevating your team — helping them to grow, learn and improve — you create an environment of trust, empowerment and explosive growth. You’re showing them that their development is important to you and that you believe in their potential.

    This isn’t just about professional skills; it’s about personal growth as well. By investing in them as individuals, and showing a genuine interest in their aspirations and challenges, you’re building a deep, foundational level of trust. This trust breeds loyalty, open communication, and a culture where everyone feels valued and heard. As a result, you enhance team morale, productivity and overall cohesion.

    Here are a few effective strategies I’ve implemented over the years to elevate my team:

    1. Skill development workshops and training. As a leader, it’s important to identify the strengths and weaknesses of your team. Regularly conducting skill development workshops or training sessions helps your team members polish their existing skills and acquire new ones. You can start by asking your team the following questions: What skills are you most interested in developing? How do you think this training will help you perform better at your job?

    2. Mentorship programs. Pair less experienced team members with senior members or external mentors. This can provide the opportunity for personal growth and the sharing of wisdom and experience.

    Questions to ask: Who do you look up to professionally? What traits or skills do they possess that you aspire to have?

    3. Recurring one-on-one sessions. Regular feedback is crucial for personal and professional development. These sessions provide a space for open discussion about performance, challenges and opportunities for growth for both you and the subordinate.

    Questions to ask: What challenges are you facing? How can I support you? If you had to put a finger on one thing I could improve on, what would it be?

    4. Encourage autonomy. Giving your team the freedom to make decisions creates a sense of responsibility and boosts their confidence.

    Questions to ask: What responsibilities would you like to take on to grow in your role? How can I support you in this process?

    4. Integrity

    Integrity stands as the backbone of trust. Without it, everything crumbles. In the workforce, integrity is simply doing what’s right, regardless of who’s watching or how inconvenient it may seem. It revolves around honoring your word, acknowledging your errors and making decisions with the team and organization’s best interest in mind.

    To display integrity, ensure consistency in your actions, and fulfill your commitments. If you say you’ll do something, make sure you deliver. In the event of a mistake, accept it, own it and find a solution forward. By continuously operating with integrity, you’ll position yourself as a dependable leader your team can trust.

    Related: How to Maintain Your Integrity While Keeping Up With a Rapidly Changing Environment

    5. Consistency

    Excelling in these areas will serve you well, but the ultimate key to long-term sustainability is in your consistency. Trust isn’t an event, it’s a habit. It’s the consistency that establishes a reliable pattern of behavior that your team can depend on.

    To be a consistent leader, treat all team members equitably and enforce your policies the same. Strive to have a strong presence in your team’s daily activities. Most importantly, be consistent in upholding the qualities above. When your team knows what to anticipate from you, they’ll trust you to guide them, even in the face of uncertainty.

    [ad_2]

    Kash Hasworth

    Source link

  • 5 Strategies to Build Credibility and Online Connections | Entrepreneur

    5 Strategies to Build Credibility and Online Connections | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    In the constantly buzzing world of social media and online platforms, trust and credibility are the glue that holds successful personal and professional relationships together.

    It’s become a lot easier to build trust with an audience in today’s world, but these bonds don’t happen by accident. You need to be actively involved and genuinely interested in connecting with your customers.

    Here are five strategies that I’ve found helpful for building trust and credibility, and in turn, they’ve opened up many new business opportunities and connections.

    1. Socials: Regular posts with a personal touch

    Having a regular and personal online presence is key to building trust and credibility. When you post often and share your own stories, insights and experiences, you show your audience that you’re real and relatable. This makes people more likely to engage with you.

    For a while, you may be sharing with little to no engagement. It will likely take quite a bit of patience and consistency before your connections and credibility grows.

    Additionally, make sure your posts are related to your field or area of interest, and don’t hold back from showing your personality. This not only makes your online presence feel more human, but it also shows your enthusiasm for what you do. If you keep sharing useful content and interacting with your audience, they’ll be more likely to trust and connect with you.

    Related: 10 Laws of Social Media Marketing

    2. Podcasts: A great stage to showcase your expertise

    Podcasts are a favorite for sharing knowledge and opinions in today’s world. By showing up as a guest on podcasts, you can display your expertise and reach new people. This helps you build credibility and gives listeners a chance to get to know you and your brand.

    To get started, look for podcasts in your field and get in touch with the hosts. Tell them about your expertise and how you can bring value to their audience. You will want to make sure that you share insight and stories that are relevant and useful to the podcast topic and audience.

    3. Newsletters: Your own personal bulletin

    Sending out a regular newsletter is a great way to keep your audience in the loop and engaged. By sharing industry news, insights and updates, you show your expertise. A well-designed newsletter also keeps your brand in your audience’s mind and encourages them to keep interacting with your content.

    To make your newsletter as effective as possible, make sure it looks good, that it is clean and easy to read, and that is packed with useful content that your target audience will find interesting.

    Be consistent with your newsletter — whether you send it out twice per week or once per month. And always be open to feedback from your subscribers.

    Related: 9 Ways To Grow Your Small Business Through Social Media

    4. Books: A lasting statement of your expertise

    Writing a book is a big achievement that can really boost your credibility and help you leave your mark as an expert in your field. By writing best-selling books, you can share your knowledge with a wider audience and make a lasting impression that can lead to new connections and opportunities.

    When writing a book, make sure you have a clear message and aim. Identify your target readers and write a gripping story that they’ll relate to. I just submitted my fourth book to our publisher for final edits and it comes out this fall. Be prepared for the hard work and dedication it takes to write, publish, and promote a best-selling book – but remember, the payoff can be incredibly rewarding.

    5. Authenticity: The key to lasting relationships

    One of the best ways to build trust and credibility is by genuinely and thoughtfully engaging with your audience.

    Take the time to respond to comments and messages you get, whether it’s on social media, email or other platforms. Show that you appreciate their interaction, and be open to answering questions or addressing concerns. This level of interaction shows that you value your audience and are committed to building strong, lasting relationships with them. It also helps to make your brand feel more human and approachable.

    Related: The Business of Harnessing the Power of Social Media

    Building trust and credibility in today’s digital world requires you to be proactive, genuinely engaged and committed to delivering value to your audience. By using these five strategies, you can lay a strong foundation of trust and credibility that will lead to more business opportunities and connections.

    Take full advantage of the power of technology and the wealth of platforms at your fingertips. You don’t have to do everything, but it’s really important to choose at least one strategy and stick to it. Success doesn’t just happen by accident, and you can’t do it all on your own — you need the support and connections of others.

    As you build trust and credibility, you’ll find that your network grows and you’ll get new opportunities to grow both personally and professionally. Be grateful for the connections you make along the way and for the support of those who choose to interact with your content. By doing this, you’ll not only build trust and credibility, but you will also create a loyal community of followers who’ll stick around to see what you share next.

    [ad_2]

    Chad Willardson

    Source link

  • 3 Lessons I Learned from Speaking at a Berkshire Hathaway Event | Entrepreneur

    3 Lessons I Learned from Speaking at a Berkshire Hathaway Event | Entrepreneur

    [ad_1]

    When delivering keynotes my mission is rather simple. I just want to help my audience build their resilience, reputation and revenue. However, during a recent speaking engagement in Last Vegas, a series of mishaps and meaningful interactions taught me the same lesson.

    And I know, “What happens in Vegas stays in Vegas”, but sometimes the experiences are too good to keep to yourself. Especially if my story will help you avoid common pitfalls and build your business.

    So, here’s what I learned.

    You must advocate for yourself

    The Berkshire Hathaway conference took place in Las Vegas. Honestly, I’m not the biggest fan of Vegas since I’m married, I don’t drink and I don’t gamble. So it’s not quite the “adult playground” I’m looking for.

    However, I had a pleasant surprise upon arriving at the airport. I ran into a good friend from college, Anne Magur, who I haven’t seen in almost 10 years. We caught up for a few minutes before parting ways, I then hopped in a Lyft en route to my hotel.

    That’s when I was hit with a not so pleasant surprise. While attempting to check in I was told my hotel room was no longer available. Why? My hotel was booked from March 26-March 29th. I arrived on March 27th, so they gave my room away.

    Should I have noticed and corrected this in advance?

    Yes.

    Did I?

    No.

    And I should note, later on the organizers graciously expressed their empathy for my situation and let me know I could call them immediately if something similar ever happened again.

    Back to my story. The front desk agent then proceeded to tell me the hotel was completely booked, but the Horseshoe hotel might have rooms available.

    By now it’s after midnight and I’m tired after flying in from New York City. There’s no way I’m going to walk around Las Vegas hoping to find a hotel room when one was already booked for me. I asked to speak to her manager about it. She said I couldn’t, but she would for me. Two minutes later she came back with the same response “There are no rooms available, try the Horseshoe”.

    I’m going to fast forward a bit. She went back and forth between me and her manager for ten minutes before the manager suddenly found an open room for me at the hotel. Was I annoyed? Yes, but the situation was resolved and venting wouldn’t help. Instead I just asked her manager a simple question.

    “Why did this have to be so hard?”

    And, I’m sure you’re going to have to ask yourself that same question in the very near future. Maybe it’s in regard to a client taking forever to pay, or being disrespected during a meeting.

    You’re going to want to give up. Don’t.

    Instead, fiercely advocate for yourself and demand the respect you rightfully deserve.

    Be Yourself

    My friend and award-winning social video expert, Kim Rittberg, was speaking at the same conference. She got in earlier that day and recorded a quick video from the event. I watched it as I was unpacking in the hotel room.

    The video was great but here’s what stood out to me; all the guys were wearing blazers, most were wearing suits. I was planning on wearing sneakers, BYLT pants that kinda look like slacks and a hoodie. But once I saw all those guys in suits I started second guessing myself.

    I was tempted to rush out and see if I could buy something that would help me fit in more. I even thought to myself “a lot of people unexpectedly get married in Vegas, there must be somewhere I can buy a suit in the middle of the night.”

    And if you’re following along the answer is “yes”. That same guy who wouldn’t look for a hotel room at midnight suddenly felt compelled to go shopping at 1am.

    But then it hit me. These people all paid to see me on stage. I’m a keynote speaker, I deserve to be here, and I can’t deliver the experience they’re looking for if I’m not comfortable.

    Back to you.

    There will be times when you feel like you have to change who you are to fit in. Maybe it’s the way you dress, do your hair or how you talk.

    You’re going to want to conform. Don’t.

    The best version of yourself is all you need to be, but you can’t do that if you’re pretending to be someone else.

    Challenge yourself

    After my presentation this guy in a really nice suit walked over to me.

    I was immediately disarmed by what he said; “Nice shoes, I need to start wearing sneakers too. These events are great but my shoes are so uncomfortable I sometimes skip sessions because I don’t want to walk that far.”

    He then told me how much he appreciated the session I led and was looking forward to sharing the key takeaways with his team.

    Normally I would have just said something along the lines of “That’s so great to hear, I’m glad you found value in my session . . .” But then I thought to myself; now is the perfect opportunity to pitch your LinkedIn training program. Just bring it up and see what happens.

    I pitched him on my LinkedIn training program and he only had one question “Can you lead it remotely?”

    That’s it. No questions about cost, references, none of that. I already proved my worth on stage and he was ready for more.

    Your turn.

    At times you’ll be afraid to pitch a prospect or partnership opportunity. Don’t let that hold you back. If you ask, the answer will be yes or no. But if you don’t ask, the answer will definitely be no.

    Next Steps

    I love feedback! If you have any questions or suggestions for future podcasts please connect with me on LinkedIn or Instagram.

    Listen to the full episode below.

    [ad_2]

    Terry Rice

    Source link

  • This PC Gamer Built Their Rig After Dumpster Diving For Months

    This PC Gamer Built Their Rig After Dumpster Diving For Months

    [ad_1]

    Dumpster divers find all kinds of things in the trash. From a full pallet of cold brew coffee to hundreds of metal tins for Yu-Gi-Oh cards, there’s no shortage of cool stuff buried in the heaps of garbage you’ll likely find in the bin. But while some of it may be useless, redditor Rydirp7 took the saying “one man’s trash is another man’s treasure” to heart and built a whole PC out of discarded computer parts.

    It’s no secret that electronics aren’t as recyclable as other materials, like certain types of fabrics, glass, metals, and plastics. According to a 2019 UN report, about 50 million tons of electronic waste (e-waste) is produced every year globally, with only 20 percent of it formally recycled. This means the other 80 percent—which equals an annual value of $62.5 billion—either gets shipped off to a landfill or is “informally recycled,” the process of throwing away unwanted things in the trash that can end up in poorer communities, which results in environmental contamination and hazardous health impacts. This is where dumpster divers, or folks who dig through the garbage to find cool or interesting stuff, can alleviate the strain by repurposing what was unused into something actually usable.

    Rydirp7 did just that recently, posting his trash PC build on the popular subreddit r/DumpsterDiving and revealing that he only bought two components for the custom-built machine. The rest, from the graphics card to the processing chip, were found in a local dumpster. One redditor said it was “amazing.” Another user said they have “mad respect for people” like him. Most in the comments simply congratulated him on the build and hopes he keeps it up. Kotaku reached out to Rydirp7 to learn about the process behind building a trash PC and the benefits of looking in the garbage for gaming setups.

    Dumpster diving for PC parts

    Rydirp7, who is a resident of South Dakota, said he was inspired by the stuff he heard about dumpster diving online, and in the summer of 2022, thought he’d give the activity a shot. He visited a local computer store in his town “in the middle of nowhere” to see if he could find some things and was quite surprised by his discoveries.

    “There was some stuff there,” Rydirp7 told Kotaku in a phone interview. “Ever since, I occasionally check the store’s dumpster and yeah, with that PC that you saw in the Reddit post, it was built almost entirely using parts pulled out of that dumpster over the course of like six or seven months.”

    The only components he bought were the power supply and RAM, which came out to approximately $120 in total. Rydirp7 said these two parts were already in his possession as he purchased them for a different computer but figured he’d reuse them for this build since they were just lying around his home. Interestingly, he ran into an issue with the graphics card he found, as it was a 10-year-old EVGA GeForce GTX 570. While it “runs games decently,” he had to extensively troubleshoot it because “the drivers wouldn’t install correctly.”

    Image: Rydirp7 / Kotaku / Shutterstock / GROGL

    After countless hours of trying to fix the graphics card, he decided it was time to just bake the thing in the oven. Seriously. This is known as the oven trick in the PC community and, as Rydirp7 put it, the card’s been working fine ever since.

    “Essentially what the oven trick is is you take off pretty much everything from the graphics card,” Rydirp7 said. “The heat sink, the shroud—basically, you strip it down to the bare PCB and then what you do is wrap it in aluminum foil to help protect some of the more sensitive components on the PCB. You preheat the oven to somewhere around 400 degrees Fahrenheit, then put the graphics card, or whatever electronic it is that you’re trying to fix, in the oven. It’s typically like 8 to 12 minutes for a graphics card, I believe. But yeah, that’s basically the oven trick. I’ve done this on two different graphics cards: The other one was a GTX 240 and then this GTX 570, and the trick has worked both times for me.”

    Baking the graphics card like a cookie in the oven works because faulty connections due to loose or old soldering joints are re-melted, allowing the power to reconnect and flow back through what are likely broken points.

    The challenges of building a trash PC

    Rydirp7 admits he’s “a bit of a hoarder when it comes to PC parts,” so this trash PC was actually the second one he built out of garbage components. The first one—which had an AMD FX 6300 CPU, 8GB of RAM, that GTX 240, and a 500-watt power supply—went to one of his friends a while back. While he said his first attempt at a trash PC was perfectly serviceable this second one is “quite a bit better,” because it houses double the RAM and outputs more power. However, one of the most challenging components to find for the build was the 256GB SSD.

    Rydirp7's trash PC is giving the side pose, showing off its purple-y angles.

    Image: Rydirp7

    “The SSD was the last part I found,” Rydirp7 said. “I had been checking the dumpster for months and months but couldn’t ever find anything. When there was something, it was like a hard drive that was already disassembled. Initially when I found this SSD, I thought it was a new one that didn’t have any data on it. But when I got the SSD hooked up to the system to install Windows 10, it turned out that it actually wasn’t new and had someone else’s data on it. So what I do when I find a part that has someone else’s data on it is immediately wipe it for the privacy of the previous owner because it’s none of my business.”

    Meanwhile, the Dell OptiPlex 9010 motherboard was one of the first components Rydirp7 pulled out of his local computer store’s garbage. Unlike the graphics card and SSD, this part worked fine and didn’t need to be tinkered with. He said the store, which he wouldn’t disclose the name or location of for privacy reasons, “mostly throws out older hardware” that’s still functional. It’s thanks to this store that he was able to build what has become his “main rig.” While he doesn’t play a whole lot of games, he listed a few that he plays regularly, noting that his trash PC “can get a little warm” when he’s gaming.

    “It could probably play Crysis,” Rydirp7 said. “But yeah, I don’t actually play a whole lot of games. The only stuff I really play is Minecraft, Roblox, and Scrap Mechanic. That’s about it, and my PC runs all of those games fairly well.”

    The benefits of building a trash PC

    Building trash PCs is one way for combatting the roughly 70 percent of e-waste that Americans produce, Rydirp7 said, acknowledging the frequency with which most people’s old electronics end up in landfills.

    “This tactic of building trash PCs from garbage components keeps perfectly usable electronics from going into landfills,” Rydirp7 said. “It can be easy for someone to build a computer with little to no money invested in it.”

    As far as the viability of the trash PC, well, it depends on what you can find and how you’re going to use it. It’s more than capable of performing your everyday tasks, like writing emails and watching YouTube, another thing Rydirp7 said he frequently does on this computer. But as my colleague Claire Jackson said, “In 2010, this was a nice rig!”

    Rydirp7's trash PC is opened up so we can take a look at the inside casing and see how he connected the build.

    Image: Rydirp7 / Kotaku / Shutterstock / GROGL

    In 2023, these aren’t the ideal components for playing more modern games with 4K visuals and ray tracing. Rydirp7 may be able to get away with running Crysis on his trash PC, especially since Crytek’s sci-fi FPS has been optimized to run on the Nintendo Switch these days. But it’s highly unlikely he could play Cyberpunk 2077 or any of the PlayStation games—like Days Gone or God of War—that made the jump to PC.

    Still, to each their own. And you can’t complain much when you’ve only spent a cool $120 on something that could run most indies and Xbox 360-era games. That’s not a bad trade-off, especially if you don’t play that many games to begin with. You can check out Rydirp7’s trash PC specs below:

    • EVGA GTX 570 Graphics Card
    • Intel Core I7-3770 Non-K Processor
    • 16GB Corsair Vengeance RAM at 1600mhz
    • 750-watt Corsair Power Supply
    • iBUYPOWER Snowblind Element Case
    • Dell OptiPlex 9010 Motherboard

    While it may not be the most powerful PC in the world, what actually makes this PC stronger than most is the fact that it was built sustainably in the most literal definition of the phrase. By recycling and reusing old computer components, turning them into a functional Frankenstein PC, Rydirp7 has has figured out a way to reduce his overall environmental footprint. I can’t speak to his energy consumption’s impact on the world, but building trash PCs could go a long way in minimizing global e-waste.

     

    [ad_2]

    Levi Winslow

    Source link

  • The Search for Prospective Students Is About to Change

    The Search for Prospective Students Is About to Change

    [ad_1]

    The way that many colleges connect with prospective applicants is on the verge of an overhaul. Last week, the College Board shared its plans to provide a way for admissions offices to connect with high-school students via mobile app. Starting this fall, the new service, called Connections, will supplement the organization’s existing Student Search Service, which colleges have long used to obtain information about teenagers they wish to recruit.

    As a result, institutions must soon navigate a new frontier of student engagement. And a nation full of standardized-test takers will have yet another place to hear from colleges — if they choose not to tune them out.

    College Board officials say that the new service will give students more control over their personal information. In an age when standardized testing is going digital, restrictions on data collected online are tightening. “Data privacy has become a major concern for many states and districts, and for lawmakers,” Paul Weeks, vice president for recruitment and enrollment solutions told The Chronicle this week. “We wanted to be proactive in developing a privacy-forward solution. This is better for students, better for schools. We’re trying to balance that with what higher ed has asked for.”

    For anyone who’s been stuck in a board meeting for the past few decades, here’s how things have worked for a long time: High-school students can opt into the Student Search Service when they register for or take the PSAT/NMSQT, SAT, or Advanced Placement exams. Each year, nearly 2,000 colleges buy access to, or “license,” troves of student data stored in the College Board’s vast database. Institutions set their own parameters to find, say, Black students from the Southeast who scored at least 1200 on the SAT and who have expressed interest in engineering, or women from the suburbs of Seattle planning to choose pre-med majors. Colleges obtain test takers’ home addresses and, usually, their email addresses, too. And then institutions can bombard those students with brochures, letters, and electronic come-ons. Though inefficient for colleges and often annoying for students, it’s a time-tested way to expand an applicant pool.

    What’s changing: Before, there was just one bucket for colleges to draw from (Search). Now, there will be a second (Connections). The difference between them has to do with where students take exams. Starting this fall, the College Board’s in-school assessments — the PSAT/NMSQT, SAT, and PSAT 10 — will be administered online. Students who take one of those exams will be asked to share their cell number with the College Board, which will then text them a link to download an app called BigFuture School, through which they can get their scores and see some general advice about applying to college. Students will then be able to opt into Connections, which will be loaded with profiles of colleges that are — you know it — interested in them.

    By opting into Connections, students will not be transmitting any personally identifiable information (PII) to colleges. All that an institution will know about them at that point is which “audiences” they fall into: when they will graduate from high school, which of 29 geographies they live in, and the range in which their test score falls. Colleges will be able to share general messages with students from a specific audience: “And then the student controls it from there,” Weeks says. “They get to scroll through and investigate that institution without turning over their PII.”

    Students can then choose when, or if, to share their personal information with a particular college. Doing so will turn on the ol’ recruitment fountain. (The College Board plans to limit the number of messages an institution can send a particular to 10 or less, Weeks says.)

    We want this to have personality and to have the personality of your institution. That’s what’s going to get students to want to interact with you.

    All of this will be a big change for colleges, which won’t be able to search for prospective applicants in Connections the same way that they do in Student Search Service. In a webinar last week, Kevin Corr, a strategic-initiatives consultant for the College Board, explained how searching by audience in Connections will work. “We’ve always talked about, Hey, when you go into Search, you want to start with the most narrow focus that you can think of, and then go wide,” he said. “Connections flips that paradigm on its head a little bit. We’re going to start with a broad audience. And then when we get to our communication plans, that’s the point where we’re going to narrow down our messaging.”

    What will students see in Connections? “There will be text, there will be photos, there will be ways for you to to leverage materials that they already have,” Corr said. “We want this to have personality and to have the personality of your institution. That’s what’s going to get students to want to interact with you.”

    It’s too soon to say how colleges will adjust to these changes. “You’re going to have to buy access to a much bigger audience, which may or may not be cost-efficient as Search,” said Jon Boeckenstedt, vice provost for enrollment management at Oregon State University, who offers some thoughts on the College Board’s plans here.

    Whether teenagers will really want another way to receive plaintive pitches from colleges remains to be seen. The College Board says that more than three-quarters of students it surveyed recently said hearing from colleges via mobile app would be “very helpful.” If you know any teenagers, though, it’s easy to imagine that many of them will delete it or ignore it after getting their test scores.

    Either way, the College Board’s plans will shake up the business of student-recruitment. For many years, Search was a pay-per-name operation (current price: 53 cents). Then the organization introduced subscription-plan pricing, with eight tiers, for the 2022-23 admissions cycle. It plans to sunset the pay-per-name option at the end of August. The subscription plan for 2023-24 will be tiered by the total number of Search records and Connections audiences (One access level, for example, gets you 200,000 of the former, and 60 of the latter, for $105,000). Got that?

    Students who take a Saturday administration of the SAT — which will remain a pencil-and-paper exercise, for now — will be able to opt into Search as usual. The same goes for those who create a College Board account or register with BigFuture, its college-search site. Currently, two million juniors are in Search, 1.4 million sophomores, and 450,000 freshmen, according to the College Board.

    “Search is very strong,” Weeks says. “Search isn’t going anywhere. Certainly not in the near term.”

    But wait, a sharp enrollment leader might ask, won’t some students end up in both buckets, say, by taking the PSAT/NMSQT, and later taking the SAT on a Saturday?

    The answer is yes.

    “We understand that duplication … is something of concern,” a College Board official said during last week’s webinar. The organization, he added, is working to “minimize any complication there,” and would provide further details soon.

    One thing is for sure: The next recruitment cycle won’t be for the faint of heart.

    [ad_2]

    Eric Hoover

    Source link

  • Why Networking Is a Must for Successful Entrepreneurs | Entrepreneur

    Why Networking Is a Must for Successful Entrepreneurs | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Despite its widespread recognition as a valuable tool for entrepreneurs, many individuals still struggle to use networking effectively. Starting and running a business can be both exhilarating and intimidating, and it’s easy for founders to get consumed by the day-to-day tasks of running their company. Personally, it wasn’t until I started dedicating time and effort to building my network that I realized the full potential of what my business could achieve.

    After devoting time to connecting with other entrepreneurs, I established valuable relationships with potential investors who believed in my business and provided the necessary support and funding to take it to the next level. I’m sure building a network of connections is not just an optional activity for entrepreneurs but a vital tool that can lead to new opportunities, partnerships, and growth. Here are some tips on organizing your network effectively and with minimal time consumption.

    Related: Want to Earn Trust? Don’t Break Any of These 4 Links in the Chain of Credibility.

    So, what can one get from networking?

    There is a specificity of networking among entrepreneurs – it appears to be much more effective. People in our community are often aware of the benefits that connection can bring and are more readily open to building mutually beneficial relationships, which is done by:

    1. Establishing valuable connections with potential investors. I list this opportunity as the most important because finding investments is indeed one of the most challenging tasks for an entrepreneur. The personal connection allows you to build relationships with individuals who can provide support much more effectively than reaching out to them as a “cold” audience.
    2. Expanding your knowledge and learning from other founders and professionals. Exchanging best practices with people who are not your direct competitors but are present in the same region as you are or have a similar type of business in another market provides you with precious insights. You can learn from their experiences, pick up new ideas, and stay up-to-date on industry trends.
    3. Gaining access to partnerships and collaborations. In the case of B2B, people are four times more likely to purchase a solution from someone they know themselves or their friends recommended. So being open to new connections may significantly broaden your business opportunities.
    4. Building your personal brand and increasing business exposure. Apart from helping you at the moment, establishing a connection with someone can be extremely beneficial for you later on. The chance of that is higher the more you show your expertise and interact. You never know what will happen with the person you once met at a conference — maybe they will launch a successful business or become famous someday.

    Without establishing connections, each of these actions might take much longer and be more challenging. But when you get to know the person who can help you, you will reach your goals almost naturally.

    Related: 3 Powerful Networking Strategies that Never Fail

    How to make networking most effective

    The main thing to understand about networking is that it’s a two-way street. To be truly effective, it must be mutually beneficial for both parties involved. It’s not enough to be confident when approaching others, which is probably the most common advice for those looking to master this skill. To make the most of your networking efforts, it’s important to focus on building strong relationships, which requires dedicated time and effort.

    So, when choosing who to network with, it’s important to consider what you can offer in return. Think about the skills and expertise you can share, and seek out individuals who you can help and who can help you. Building relationships based on mutual respect and a give-and-take mentality will result in stronger, more meaningful connections. For example, it’s a bad idea to start the connection by asking for help. Rather, I prefer to explain how I can help the person and why the relationship would be mutually beneficial.

    One way to build strong relationships is to dedicate time each week to focus specifically on helping others. For me, it’s two hours weekly, during which I interact with people exclusively to help them. For example, have lunch with an entrepreneur who contacts you on LinkedIn or participate in an event organized by someone you know.

    Of course, it’s impossible to contact everyone, so one should focus on the potential value they will get. If a person contacts you first, I suggest you create a set of rules to follow when thinking of them or not. Personally, I pay attention to the following:

    • The size of the business: Founders of early-stage startups will find business books more useful for themselves and are unlikely to help me in return.
    • The industry: As an EdTech entrepreneur, I usually agree to meet people within the industry. However, this approach may vary depending on your goals and amount of free time.

    Make it easier for you

    Networking can be challenging for entrepreneurs for a variety of reasons. Some may feel intimidated approaching new people, or some may find it ineffective. However, the most common challenge is that one may have limited time and resources to dedicate to networking activities, making it difficult to balance with other responsibilities. By following these tips, you can reap the benefits of investing in networking:

    1. Start by participating in industry events and conferences, even if you won’t be attending with the intention of networking. Taking part in them allows you to showcase your expertise and thought leadership in your respective industry. This can increase your exposure and help build your personal brand, which, in turn, affects your network pretty directly. When starting my business and drawing attention to it through public speeches, I underestimated its impact on networking. But then I found that many people who later helped me a lot came to me on their own.
    2. Practice with friends. If you’re feeling nervous about meeting new people, start by modeling networking with friends and family. We usually give the same advice to salespeople who are afraid to call their clients at first: this helps build their confidence and gives them a solid foundation to reach out to new contacts. I’m sure there is no book or simple rule that will help one overcome fear without practicing, even in an artificial environment.
    3. Utilize LinkedIn and other social media platforms. If you’re unable or prefer not to network in person, LinkedIn is a valuable resource for connecting with others in your field. First of all, it has the same effect on the industry: it’s a great platform to share your expertise. Many underestimate how powerful a connection on the platform can be: for example, it once allowed me to reach out and negotiate calls with all the largest EdTechs in India within just one week!
    4. Don’t underestimate other people’s connections. If you fail to reach a person, ask the people you know to recommend you or get to know them to connect you with your target person. For example, when I fail to reach a venture organization, I try to connect to representatives of their portfolio companies, provide suggestions, and then ask them to connect me with the organization. Guess what? This works extremely effectively, even if it’s just via LinkedIn.

    These easy techniques will help you utilize your time most effectively without investing too much effort.

    Related: 3 Steps to Make Networking Easier

    Never stop expanding your network.

    Networking is a critical tool for entrepreneurs looking to grow and succeed in their businesses. Only by investing time and effort into building strong relationships can you unlock the full potential of your business. The broader your network is, the more opportunities you gain, and the more time you have to find them. Starting may be challenging, but it will become natural eventually.

    [ad_2]

    Roman Kumar Vyas

    Source link

  • 5 Tips To Networking at Conferences as an Introvert | Entrepreneur

    5 Tips To Networking at Conferences as an Introvert | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Let’s be honest, networking can be an awkward experience for almost anyone, but if you’re the type of person that identifies as an introvert, then you probably understand that struggle better than anyone. Just the thought of meeting new people at a networking event can be enough to trigger knots in your stomach. I can relate to that feeling of dread because I too am an introvert and have had to build a complete mental plan when I attend large networking events and tradeshows.

    However, there are so many benefits from networking and attending conferences that it is well worth the awkwardness. Networking events can help you advance relationships in hours that may take years online to develop. When I have forced myself to attend events, I was able to forge new strategic partnerships and even create lifelong friendships.

    Creating a plan of action before you attend the conference is key to a successful networking experience. Here are my top five tips I use each time I attend a conference:

    1. Create a specific goal for the number of people you want to meet at the event

    If the event is for two days, don’t be overzealous and expect to meet 50 people. As introverts, we much prefer having fewer interactions that are deep and meaningful. I usually set an intention to meet three to five amazing people each day that I think will become long-term connections. If I only connect with two that day, but they were meaningful conversations, I don’t beat myself up with a missed opportunity. On the contrary, I reward myself for having the courage to have conversations with two strangers.

    Related: 6 Ways Introverts Can Avoid Feeling Shy at Conferences

    2. Break the ice before you attend

    Once you set a specific goal to meet others at the conference, do some initial research online and send each person an introduction via email or message before you meet them in person. Generally, I will review any information on the conference’s website, including specific booth numbers.

    In addition, I research the attendees’ profiles on LinkedIn so I can understand their backgrounds and interests. To break the ice, I always create a personalized video and forward it to their email or through LinkedIn messaging.

    Here is an example of my video script “Hey Lisa, I am eager to connect with you at the National Cybersecurity Conference next week. After viewing your LinkedIn profile, I am even more impressed at your commitment to healthcare security. I would love a 15-minute chat at your booth #225 to learn more about your initiatives for 2023 and share our current cybersecurity strategy in the healthcare space. Do we need to schedule a time, or can I just stop by and introduce myself?” In most cases, cold calls, emails and messages receive very few responses. However, the video messages I send have a 70% success rate because of the personalized approach and the immediacy of the upcoming conference.

    3. Come prepared with three key points to share in the conversations

    When meeting people at networking events, make sure you come prepared with ideas for what you want to share. At times, you may only have five minutes, so you have to treat it as if was an elevator pitch. Consider the three critical points you would love for them to remember. One of those points should be a story or impactful statement that will leave them wanting to learn more about you and your company. Here is an example of a three-point approach. “Lisa, thank you for taking a few moments today at the cybersecurity conference. Two years ago, our team cracked the code on eliminating 98% of ransomware threats within 8 seconds of detection. We would love to have you test out our software and see if it can be an addition to your security process. How is your team currently navigating ransomware threats with your prospective customers? This can help set the stage for a meaningful dialogue and get the conversation off to a strong start.

    Related: Even Introverts Can Excel at Networking by Following These Steps

    4. The person that talks the most loses the deal

    The adage that most people prefer to talk about themselves or their interests is true. Therefore, I usually focus on 70% of the conversation being led by them. As they are talking, I am taking mental notes on anything that is interesting or relevant and can be used in responding with purpose. In fact, I rarely prepare a full conversation agenda because the agenda is improvised during the conversation. In this way, it allows the discussion to be authentic and spontaneous as opposed to rehearsed with canned responses. This can help you stay focused and engaged with the actual topics being discussed as opposed to the topics you assumed would be discussed.

    5. Always find your anchor

    One of my first goals at any conference is to find my anchor. An anchor is someone that you can converse with throughout the conference and they will help support introductions or make suggestions on specific conference workshops. I rarely know the anchor prior to the event. However, I always know when I have met my anchor because they are easy to connect with and able to open doors to situations that may be uncomfortable for an introvert. Finding my anchor is essential, or else I may feel so uncomfortable and I will either hide in a corner or go back to my hotel room. Honestly, I have done both many times at conferences.

    Final words

    Networking is well worth it, and it can help you open many doors in your business. For introverts connecting and networking in large crowds may always feel a bit awkward. However, with some key tips, you will find that networking can be less stressful and more fun. Good luck!

    [ad_2]

    Kedma Ough, MBA

    Source link

  • 3 Lessons Subscription-Based Businesses Can Teach You About Building Connections and Fostering Community

    3 Lessons Subscription-Based Businesses Can Teach You About Building Connections and Fostering Community

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    It’s going to sound controversial, but hear me out: Your metrics and data alone won’t help you reach the next phase for your business. Don’t get me wrong, they play a huge role in growing and scaling your company, but so do other assets that are perhaps less tangible.

    The asset I’m referring to is your community. Whether or not you realize it, you’ve been building it ever since the day you launched your business. But are you nurturing it?

    Entrepreneurs need community to succeed and thrive in today’s hyper-paced, changing environment. In a constantly connected world, fostering a shared space of common interests and authentic connections can lead to increased customer loyalty, drive revenue and maintain growth.

    When it comes to engaging with your community on a regular basis, the subscription business model is king. Here are three lessons I have learned from subscription-based businesses when it comes to building authentic connections and fostering community.

    Related: Building Community Is Good Business

    1. Prioritize the customer experience

    Too often, organizations prioritize revenue over relationships. Previous research has shown that brands often create content based on their own needs and desires while failing to listen to what their audiences actually want.

    Subscription-based companies are naturally suited to build a more customer-centric approach through multiple touchpoints along the user journey. They have increased visibility into first-party data to understand customer behaviors and personalize their offerings. The result? A meaningful relationship with their clients.

    You may be afraid of the “S” word, but I assure you, implementing a subscription within your current offering is not as daunting of a task as you may think. You can start small by introducing an exclusive Facebook group open to your most loyal customers or launching a newsletter. You can go a little bigger by implementing a membership portal that offers premium perks (free shipping, exclusive access to product launches, discounts, etc.) in exchange for a recurring fee.

    Ultimately, remember the heart of a community is its people. The most successful brands prioritize building a customer experience unique to their products and audiences.

    Related: 6 Benefits of Having a Community When Building a Business

    2. Stay committed

    Being committed to what you’re doing when starting or running a business is crucial. Commitment is the key every entrepreneur needs to stay on track with any plan as their business grows. When challenges inevitably come your way, commitment can help you rise above and keep your business on the right track.

    When we were getting Gentleman’s Box off the ground, we tapped every resource possible, worked tirelessly and stayed committed to our customers to create a completely unique experience that they simply couldn’t receive on the retail level. We wouldn’t have achieved what we did, like our seven-figure acquisition in 2020, if we didn’t stay committed to all the levers we were deploying. It was a guiding post through our entire journey. I naturally use that same community-driven and committed mindset for every program and event we produce at our company.

    This commitment can be tough, which is why the support of a community is vital. Research has shown that the majority of business owners believe mentorship has a direct impact on their organization and its growth. And leaders across subscription-based organizations agree that you need to surround yourself with others who are supportive and positive.

    Entrepreneurs, business leaders and businesses derive many benefits from community memberships. A community of entrepreneurs, either in similar industries or not, can provide support, mastermind training and access to experts who can help grow a business. Some trade associations may even feature smaller communities for different roles, such as entrepreneurs, business managers and more.

    For example, at SUBTA, we’ve built one of the most supportive communities of business owners there is through our event, SubSummit, the world’s largest DTC subscription eCommerce conference. It’s a great event where business leaders can gather to share ideas, learn about new trends in the industry and prepare for what’s next.

    Related: A Business Owner’s Guide to Building a Community

    3. Remember your “why”

    The journey of entrepreneurship takes grit, resilience and patience. You won’t become an overnight success. Rather, business owners must put in the time, effort and hard work to accomplish their goals. The road to company growth can be long, and it often leaves an owner feeling stuck and unmotivated. That’s where a community can help.

    Igniting your passion through an impactful community is not just for subscription companies. To begin, ask yourself what got you out of bed this morning. The answer will provide clarity for the reason behind the work.

    Then, connect with your customers, whether through in-person events or digitally. Their feedback and support can help you hone your “why” and build brand affinity. When you see how your product or service is positively affecting your consumer base, it’s much easier for you to stay motivated and inspired.

    [ad_2]

    Chris George

    Source link

  • 3 Lessons Entrepreneurs Can Learn From The Rise and Fall of History’s Biggest Companies

    3 Lessons Entrepreneurs Can Learn From The Rise and Fall of History’s Biggest Companies

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Only recently, just before the pandemic, it seemed big companies were on a roll. A few “superstar” companies were dominating software industries and reaching their tentacles into multiple sectors. Market share was concentrated in much of the economy, the performance gap between large and small companies was widening and people were forming fewer new businesses. An article in Harvard Business Review reported concerns that “a lack of competition was strangling the U.S. economy.”

    Many of those worries have begun to fade. We’re seeing a historic surge in new business creation and a shrinking performance gap between big and small businesses. The pandemic, with its “Great Resignation” and “Quiet Quitting,” was only a catalyst, accelerating an inevitable change — inevitable because that’s the nature of large organizations. They can’t sustain dominance for long, and indeed the profitability and longevity of big companies have been shrinking for decades. The superstar companies, now suffering from depressed stock prices, are laying off thousands of talented employees, giving way to smaller firms that are still hiring.

    While this is a striking change of events, it follows a cycle that has existed since the beginnings of capitalism. By looking back at previous cycles of creative destruction, in which large firms have risen only to fall to scrappy smaller competitors, entrepreneurs can find many lessons that are applicable today.

    Related: How Looking Back at History Can Make You a Better Entrepreneur and Leader

    Lesson 1: Take advantage of complacency

    The first lesson is that large companies tend to grow complacent the more successful they become. This provides an opening to smaller companies that are hungrier and more ambitious.

    For example, the East India Company, chartered in 1600 and arguably the world’s first big business, once operated not only ships and warehouses but armies of soldiers to enforce colonial exploitation. Enjoying a monopoly on imports of tea and other staples, its power was so great that Adam Smith devoted a large section of The Wealth of Nations to criticizing its heft. Yet the company became a victim of its own success, eventually declining as its leaders enriched themselves, got caught up in politics, and stopped innovating.

    The same lesson applies today. As soon as large companies think they’re in a solid situation, they relax and start enjoying their position. That’s the perfect time to enter the market with an innovation or a fresh way of thinking.

    Lesson 2: Powerful connections aren’t everything

    The second lesson is that entrepreneurs can still beat out larger companies even if they lack the same connections to power. History shows that “right” can often beat “might.”

    Consider the example of wealthy Robert Livingston, who funded Robert Fulton’s successful invention of the steamboat in 1807. Livingston used his connections and wealth to gain a monopoly of the ferry business between New York City and New Jersey. But scrappy Cornelius Vanderbilt, with no social standing or education, dared to challenge Livingston’s privilege and won a landmark Supreme Court case, Gibbons v. Ogden, striking down interstate monopoly charters. Thanks to Vanderbilt’s relentless push for efficiency and lower costs – and the new country’s distaste for government-backed privileges, he gained the capital to improve not only ferries but ocean-going ships and then railroads.

    Vanderbilt proved that companies that rely on personal connections often become over-confident, believing themselves protected from competition. This makes them vulnerable to smaller competitors who are willing to call out their unfair practices.

    Lesson 3: Big companies prefer stability to innovation

    By the end of the 19th century, steel had become fundamental to the economy, and Andrew Carnegie had the biggest and best factories. Like Vanderbilt, he had rapidly expanded by keeping costs low and reinvesting profits. The remaining steelmakers were so concerned about his moves into their markets that they pressed J.P. Morgan to buy him out for the then incredible price of $480 million.

    After Morgan did so, creating U.S. Steel, he failed to maintain Carnegie’s aggressiveness, allowing tiny rivals to expand. Fearing antitrust and preferring stability and dividends to risky growth, U.S. Steel failed to innovate and eventually fell apart with foreign competition and the rise of steel mini-mills in the 1960s.

    U.S. Steel’s preoccupation with stability is common among large firms, and it’s an opportunity for smaller competitors to rise up. Consider the many brick-and-mortar retailers that failed to invest in e-commerce until it was too late. They assumed they were safe because of their size, but their failure to innovate ultimately caused their downfall.

    Innovation is critical to building and maintaining a competitive advantage — and it gets harder to do as companies succeed and grow. Entrepreneurs, as guerillas, can often find openings of attack against even the mightiest of gorilla companies.

    Related: 6 Ways Small Businesses Can Win With Big Corporations

    We need big and little

    The history of creative destruction shows us that the current travails of Big Tech companies like Meta are nothing new. Large companies tend to fall prey to a combination of hubris and complacency, while ambitious entrepreneurs continue to find openings to take advantage of emerging technologies and market trends.

    Energetic commitment and talent will beat resource-rich rivals, as long as entrepreneurs pick their fights wisely. There are two reliable ways of spotting opportunities to do so.

    First, as companies get bigger, even well-managed ones must leave opportunities on the table — market segments or product opportunities too small or too different for them to do well in or focus on. These often provide windows of opportunity for small players. Today’s small markets can become tomorrow’s large markets.

    Second, new technologies and platform shifts inevitably create openings for nimbler firms, whether in specialized areas such as digital marketing or in transformative areas such as blockchain. Big companies almost never move fast enough.

    Finally, in assessing today’s large companies, it’s important to remember that their success usually came from a basic entrepreneurial achievement combined with an organizational mindset. As entrepreneurs grow their businesses, they should be mindful of the competencies they have developed and remain intent on building new ones over time. New competencies — fueled by innovation — will likely increase their trajectory in growth and value.

    A modern economy still needs big companies, which are essential to producing goods and services at scale at an affordable price. That’s where they excel. But we also need entrepreneurs to challenge them wherever they fall short — and eventually, replace them as new giants to move the economy forward.

    For pundits and other desk-bound observers, bigness might seem inevitable. But bigness also inevitably corrupts. The vitality is not in supposedly “professional” management but in scrappy entrepreneurs.

    [ad_2]

    John Landry

    Source link

  • I Lacked This One Critical Skill That Nearly Cost Me My Career and My Life

    I Lacked This One Critical Skill That Nearly Cost Me My Career and My Life

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    [Sensitive content: This article discusses gun violence]

    A gun was pointed a few inches from the center of my forehead. It was small. Maybe 22 calibers. Time slowed. Fight or flight kicked in, and I saw everything in my peripheral vision clearly. A couple of people were looking at us through a plate glass window from their table at the restaurant I had just left. My friends were a few feet away, wide-eyed and scared.

    You might be wondering how I ended up in this precarious situation, to begin with. Well, moments before, I was walking out of a restaurant. It was late, maybe 1 am. I had felt this kid staring at me. At this point, I decided to walk over to his car and ask him, “what’s up?” Did I need to do this? No. Was it provocative? Yes. And now we all know how this questionable decision could have cost me my life.

    It goes without saying that this encounter has had a lasting impression on me. It has helped shape who I am, the decisions I make and who I am striving to become. You might, however, be surprised to hear that this pivotal moment didn’t mark the end of my abrasive behavior (that came later), it did, however, serve as the most poignant reminder of how conversations can go sideways — fast.

    Over the years, I learned that the use of empathy, in such precarious situations — or even less volatile ones — has tremendous power to turn situations around to create positive outcomes. Especially in business.

    Related: What Is Empathy, and Why Is It So Important for Great Leaders?

    While many in the business world fixate on data, analytics and technology, they should spend as much time analyzing and understanding the motivations, emotions and varying perspectives of people. I am, of course, talking about prioritizing one’s emotional intelligence. The most gifted leaders out there understand how their actions and words affect those around them. They excel in social awareness and practice empathy.

    This did not come naturally to me. Early in my career, I was willing to achieve my goals at any cost, no matter how my actions affected others. Case in point: If someone from another department was blocking or slowing down my project, I’d leapfrog over them and exert downward pressure by looping in their manager. It always worked. My project was magically sped up or unblocked almost instantly. I justified my actions because they were in the best interest of the company.

    But the company is made up of people. People with feelings. And, when that type of downward pressure is applied to someone, it sours your relationship with them. They know you bypassed them. They feel belittled, pressured and then forced into compliance. And you’re the source of those feelings. Not only does this ruin your relationship, but it also adds friction to future projects because that person (and their team) won’t be invested in working with you. The end doesn’t justify the means. As the late, great Maya Angelou once said, “…people will forget what you said, people will forget what you did, but people will never forget how you made them feel.”

    Instead of exerting pressure, applying leverage or coercing peers to comply, I could have gained their buy-in and inspired them to help out voluntarily. I could have taken them out for lunch or coffee. I could have asked about their challenges. Asked what they were dealing with and how I could help them. People are smart. They will see what you’re trying to do, but most will appreciate it. It might take more time in the short term, but overall, you’ll strengthen the relationship. Plus, your project will be completed faster and at a higher level of quality. And who knows — maybe you’ll pick up some ideas you wouldn’t have come up with on your own.

    Related: Why Empathy Is a Crucial Entrepreneurial Skill (and How to Develop Yours)

    An overwhelming amount of research suggests that empathy and personal interest increase employee loyalty and trust. In Harvard Business Review’s Emotional Intelligence Series on Empathy, Emma Sappala writes how kindness and optimistic communications have more impact on performance than the number of zeros on an employee’s paycheck. The author explains in another article that responding with anger or frustration erodes loyalty.

    A study by Jonathan Haidt of New York University shows that employees become more loyal when leaders tap into empathy more deeply. Neuroimaging research confirms that our brains respond more positively to leaders who use empathy compared to those who do not.

    As with any other skill, practicing empathy can be developed, though it takes time. Every person is different, so we all have to discover the triggers that inspire and motivate us.

    Here are a few tips for practicing empathy:

    • Place yourself in someone else’s shoes and see things from their point of view.
    • Validate your understanding of what you think you’re hearing by recapping what’s being said.
    • Be aware of body language and adapt your communication strategy accordingly.
    • Be direct, but considerate — ask open-ended questions.
    • Avoid jumping to conclusions or making assumptions based on past experiences.
    • Don’t penalize anyone in public when it can be done in private.

    Bottom line: Understanding your employees builds trust, which in turn improves performance. Congratulate yourself on trying to understand them. Even when you fail.

    I’ve come a long way since that moment I was held at gunpoint. Luckily for me, the situation de-escalated quickly and I got another chance to reassess my ways — both personally and professionally. Having worked on my emotional intelligence and practiced empathy, I now know how to “read the room,” and connect emotionally with people around me. I can safely say, you’ll not catch me walking up to any lone stranger in the dead of the night asking provocative questions. Ultimately, being self-aware and understanding the risk factors presented before you is what makes business leaders great.

    [ad_2]

    Louis Camassa

    Source link