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EducationI Was Too Stupid To Graduate... by ItuExchange(op): 8:45am On Oct 15, 2016
"I was too stupid to graduate..."

And two years later I was thrown out of graduate school.

P.S. I'm glad I got kicked out…

I'm afraid if I'd graduated I would have relied on my degree to save me.

I would have gotten a job to justify the degree and that would be that.

One job. One income.

But without that degree I had to save myself.

I had to learn what really works with no safety net.

Actually that's not true.

I built my own safety net.

I created several sources of income. I got good at it.

I created networks too. – By James Altucher

You can read the rest of the story here: http://www.jamesaltucher.com/2016/10/persuasion-techniques-saved-life/?utm_source=activecampaign&utm_medium=email&utm_term=persuasion-techniques&utm_content=&utm_campaign=impression

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Foreign AffairsWill China Replace U.S.A. As A Superpower By Just Copying And Imitating? by ItuExchange(op): 6:25am On Oct 14, 2016
China is working on a copy of the F 15 Eagle fighter jet, and they have named it J 16. This is just their latest known endeavor in copying Americans. In E commerce they have copied Twitter, Uber, Google, Ebay, etc. U.S.A has a machine on Mars. Quite a feat. Doesn't China need to be innovative too?

ANSWER: A2A. China is not a superpower. It has never proposed that it would become one. To be a superpower you need to be both economic and military dominance that it projects its power over areas and countries far beyond its own borders. To date modern China has maintained its military strictly for the defence of its territory.

OK, let’s talk about copying & imitating in business. Does this happen world wide? Yes, it happens everyday in every country. In business we have a euphemism called - "being competitive”. It consists of the practise of imitating what your competition is doing successfully. You see this literally everyday, and it has been going on since business strategy was created. In your country is there only ONE hamburger or chicken or coffee or drugstore chain or cable TV network or one smart phone that has different features than all the other ones? NO, because 95% of the time business all over the world function by imitating success and 5% of the time they are disruptors and innovate something different.

When Japan auto industry nearly killed the US auto industry in the later part of 20th century; did they reinvent cars? NO. They improved the quality of what US manufacturers had designed to give the consumer what they wanted, and what they wanted was Japanese cars, not American ones, which forced US car manufacturers copy Japanese manufacturers. IRONIC, isn’t it?

A number of people believe Apple is not a company that invents. Rather it takes what others have already invented and applies those things in a different way. Yet Apple is rated by many as innovative.

To a degree what China has done to date is similar to what Japan did in the 1970’s and for the next 30 odd years. China is the world’s factory in large measure because it can produce things in great volume and at lower overall cost compared to others, giving western businesses & multi-national companies higher profit margins.

As for copying search engines and eBay, a search engine is a search engine. In China, Baidu is built entirely on the domestic cultural norms and expectations. Why would a western approach be valued in China? It takes a basic search engine algorithm and customizes the customer experience.

This is why McDonalds, Home Depot, Walmart and few others are failing in China. They are failing in China because they are not delivering what the local public wants to buy. As a social network WeChat in China is far superior to Facebook. QQ is superior to Skype for long distance calling and video chats. A number of software may not have originated in China; but they improved upon it and more importantly monetized it.

Innovation is process that builds on a foundation that already exists.

As to innovative, perhaps this is news to some -

China has built the fastest supercomputer in the world for several years now. Currently it’s 5 times faster that the fastest US computer; and it was designed in China with Chinese manufactured chips.

Scientific American rates China as the 2nd best country for science.
In a collaborative endeavour between Chinese and Austrian Academy of Sciences, China launched the first quantum satellite this year.

China is ranked 2nd in nanotechnology research.
China operates 20,000 kms of high speed railroad, all domestically built.
According to the UN Conference on Trade and Development: China is the largest exporter of technology.

In summary after China decided to switch economic direction towards a customized free enterprise model it began following the basic business methods of imitating success and then created added value first by being able to produce at lower costs and later by modifications. In the process it has been able to drive GDP growth.


Source: https://www.quora.com/Will-China-replace-U-S-A-as-a-superpower-by-just-copying-and-imitating

Neteller here: www..com.ng
EducationWhat Are Some Great Mathematics Tricks You Know Of? by ItuExchange(op): 10:14pm On Oct 12, 2016
This trick was taught to me by my father when I was a kid. I don’t know how it works, only that it does. If someone here knows the mechanism of how it works please let me know.

My father found this trick in a book of letters by the Lubavitcher Rebbe (Igros Kodesh vol. 8 page 266), who in turn was quoting a 15th century Talmudic work called the Kol Bo.

The Kol-Bo brings it as a trick Yeshiva students used to in order to amuse themselves (this was before the days when cat gifs were but a mouse-click away), as a way “to find a person’s age through logic [without being told explicitly]”, though the trick can work for any number.

Here’s how it goes:

You ask someone to choose a number between 1 and 100. You then ask them to divide the number into 3 and give you the remainder (e.g. if the number was 10, 9 divides neatly into three and then the remainder is 1). You then ask them to divide their original number into 5 and give you the remainder of that, and then do the same with 7.

You should now have 3 numbers, the remainders of dividing the original number into 3, 5 and 7; let’s call them x3, x5 and x7 respectively. Multiply these numbers as follows: x3 should be multiplied by 70, x5 by 21 and x7 by 15. Add them all up and if it adds up to more than 100 (technically, 105) subtract 105 until you get the right number.

An example: Let’s take the number 32.

x3 = (32 % 3) = 2
x5 = (32 % 5) = 2
x7 = (32 % 7) = 4

so now let’s multiply them:

x3 * 70 = 140
x5 * 21 = 42
x7 * 15 = 60

Adding them up we get:

140 + 42 + 60 = 242

Subtracting 105 we get 137, still more than 105, so we subtract 105 again and get 32, our original number!

This trick can work for numbers larger than 100 as well but you have to know in which group of 100 (technically 105) the original number is in. In the case of larger numbers you might have to ADD 105 instead of subtracting in order to get to the right number.

I wrote a small Ruby program to run this trick (here: Igros Rubygem), and a blog post about it (here: program[0] and program[0] 2.0).

Again, if anyone knows how this trick works please post in the comments.

Edit: thanks Gerwin Dox for explaining in the comments and Abhishek Khare for offering the following explanation:

Source: https://www.quora.com/What-are-some-great-mathematics-tricks-you-know-of

Neteller here: www..com.ng
PoliticsRe: U.S. Provides $92.7m To Reduce Poverty In Nigeria by ItuExchange(m): 8:38am On Oct 12, 2016
While the US continue to go more and more in debt. The funds would be used for private purposes.... Period.


Neteller here: .com.ng
BusinessThe Only Reason Why I Don’t Close My Account @access Bank by ItuExchange(op): 8:35am On Oct 10, 2016
This bank was doing mostly corporate banking before it acquired the defunct Intercontinental Bank. This is a bank that boasts to have highest banking standards.

Access Bank claims to be one of the best banks in Nigeria, and I think this is true to some extent. My boss recommended the bank to me, though he got a savings account with them. He praises their services and customer support systems.

I went ahead to open a business account with the bank, and since then, I’ve experienced lots of unsavory things with their services. Sometimes, there would be errors from staff, and customers would bear the brunt. Namely;

Constant downtimes
Inexplicable and senseless restrictions
Failed and unnecessarily protracted transactions

Those experiences were excruciating and they affect business, though they were solved whenever they occurred. I think things are improving.

I’m operating accounts with GTBank and EcoBank and I don’t think one is really better than the other. Each bank got their problems (I’ll reveal GTBank problems in another article in future).

Someone says Zenith is the best in ICT. You don’t know someone’s flaws until you move closer to them. I believe some who use Zenith Bank would have also had some experiences they didn’t fancy.

As for Access, they go excellent customer support services online. I think that’s one of their greatest strengths. If a customer has a problem with Internet banking, they can contact the support staff and get the issue solved as soon as practicable.

This is the only reason why I’ll continue operating my account with this bank.

Neteller here: www..com.ng
PoliticsWhy Don’t Good People Contest For Nigerian Presidency? by ItuExchange(op): 12:44pm On Oct 09, 2016
There are many good and intelligent people on this forum. Those who, I believe, would perform well if given the chance to run affairs of a state or federal government in Nigeria.

Undoubtedly, there are people that can turn the fortunes of Nigeria around, if given the chance. Nigeria is in trouble only because those who’ve run the affairs of the nation so far are mostly selfish and wicked.

In times past, we voted for some people who lied they were going to do this and do that, only to start doing what people didn’t expect when they got to power.

I admit there’s no government that can solve all our problems, but a good government would eventually bring tangible results people can see and commend them for. Nigerians aren’t totally ungrateful, if the government does things that are commendable, most Nigerians would give them kudos.

Why don’t these good people compete for presidency, especially in the coming elections? Why don’t they compete for states governorship elections to save those States from sinking further into financial doom?

Why are good people only criticizing and doing nothing? Why are they not trying to get to power to save the future generations from more and more hard times?

I pity the future of millions of children that are being born in Nigeria right now.

I’m really, really worried!


Neteller here: www..com.ng
Foreign AffairsWhat Is The Need For The US To Have So Many Military Bases Abroad? by ItuExchange(op): 8:16am On Oct 08, 2016
What is the need for the US to have so many military bases abroad? Why do these countries allow it?


The US military is that house guest of dubious benefit, questionable timing, faulty manners, but impeccable credit.

All your base are belong to us!
Every base supports either a specific security goal or overall regional stability. Some were acquired after conflict, such as the ones in Germany, Italy, and Japan. Some were gained in support of allies in conflict, such as the ones in England and Korea. Most are simply there to reduce that tyranny of distance. But all have been considered important enough to spend significant treasure in securing, building, manning, and supporting. These bases also mostly support the host country's goals, whether security, financial, relationship, or a combination. With rare exceptions, the bases are there under agreement with the host country, with many of the host countries specifically asking for more US involvement. This is usually done behind closed doors as it doesn't read well in the local papers.

You've lost that lovin' feeling
Each relationship that has led to foreign basing is different, many changing in character from one decade to the next. As an example, in the aftermath of the Spanish–American War, US leaders felt that the newly-freed Filipinos were incapable of self-rule, leaving their nation open to subjugation by another major power. This led to the US's shameful management until just prior to WWII. The post-war basing agreements were considered strategically vital to counter possible Soviet aggression in the Pacific and the Philippine government agreed. Shortly after the fall of the Soviet Union, the Philippine government felt the crisis was over and asked the US to leave, which they did. After the explosion of Mount Pinatubo, they asked the US to renew the agreement. The US declined.

For years, Japan's sensitivity to nuclear power kept the Nimitz class carriers from being based there. When the last conventional carriers were slated for decommissioning, an agreement was made to shift a nuclear-powered carrier over. The fact that the US made an extensive study to move the ships to Guam undoubtedly also had something to do with Japan's change of heart. Along with a big check.

Clean up on aisle four!
Most of the main bases can be traced to Post-WWII stabilization efforts. After their short involvement in WWI, the US withdrew again to domestic and hemispheric concerns, leaving Eurasia to its own affairs—disastrously as it turned out (though US involvement may have had little effect). After WWII, US leaders saw a return to semi-isolationism as a mistake and instead used the influence gained in the war and the execution of the Marshall Plan as springboards to leave troops overseas. Most of the deployments supported bottling up the spread of communism. Many troops were placed in temporary bases, using host facilities for short term missions, either in direct support of combat units, or as logistics bases. Recent examples include Bagram Airfield and the former Transit Center at Manas.

A list of bases and their supported missions, with host nation feelings on the matter, would be exhausting to read, much less compile. Suffice to say, the US military is in a lot of places. It may just be a couple people or a whole combined combat and command unit. It's a lot.

Love on the rocks
One obvious exception, on many levels, is the US base on Cuba, Guantanamo Bay Naval Base. Just as Cuba was a knife in the US's side for most of the last 50+ years, so "Gitmo" has been poking the Cuban government for much longer. Why a naval base so close to US shores, one that the host government does not support, nor gain any material advantage from? The answer is obvious, but is becoming more interesting as relations are finally starting to thaw. Of course, I'm still waiting to see how the whole Gibraltar-Spain thing is going to play out.

Why don't you put your money where your base is?
Of note, many businesses near the larger bases see significant economic gains just from the US members based there. When a large base in Germany was recently (and temporarily) placed on a base closure list, local residents protested and implored Berlin to insist on it staying. This is not universal, and many bases actually have seen significant local protests. This is especially common after service members commit some crime against the local citizens. These disgraceful acts have strategic ripples in many cases, resulting in changes to basing agreements.

Whack-a-mole
The US has operated out of so many locations, it's hard to nail them all down. From Eaton's Tripoli expedition in 1804 to modern drone operations, temporary positions of opportunity have drawn the US to make arrangements with foreign powers. These bases will pop up and disappear with very few Americans ever noticing, such as the Pakistani bases mentioned by Balaji Viswanathan.

Beat cop
As the self-appointed world police, having bases all over the place does a couple things. First, if the base location doesn't deter hostility, it reduces response time, which can often reduce the required response. Second, it reduces the need for the region's allies to build up as much of a military, which fosters more stability in the region. As the economic burden continues to rise, the US is reducing the size of many bases. This has sparked higher spending on defense from the countries in these areas. It hasn't led to violence, but diverting money to military spending reduces what a nation is going to spend on many other programs. This alone can be destabilizing in many countries.

Where's Waldo?
Opened to its full extent, this is an interesting map. It doesn't detail numbers in each country, and many of the countries have only a few personnel, but there's an obvious overtone to where US interests seem to lie. Of course, military presence doesn't always equate to level of interest. For instance, there are only a couple hundred US military personnel in Israel, few of whom are front-line troops. And as hot as the Taiwan issue is, there is little military interaction with the island's government. No real plans, no coordination. Also note that this map may contain inaccuracies, as "troop presence" may simply indicate that the country participates in joint US exercises and doesn't actually have US troops on its soil (outside of the embassies' Marine contingent).


Have fun stormin' the castle!
The real crux of the problem is that any time the US feels its interests are threatened or gets gooey-eyed at relief worker photos, it throws forward some muscle. In order to respond properly, some folks and equipment are moved in to either do the work or support it. This sucks up unbudgeted money, driving the US deeper in debt, which makes less money available to dedicate to really helping a region. These actions usually increase the instability, ratcheting the cycle of violence. What we need is for everyone to chill the hell out for about a decade. Let's get our ducks in a row, then start killing each other again. I think we could all use the break.


Source: https://www.quora.com/What-is-the-need-for-the-US-to-have-so-many-military-bases-abroad-Why-do-these-countries-allow-it

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CrimeWhat Are The Smartest 419 Scams You Have Come Across? by ItuExchange(op): 7:41am On Oct 07, 2016
What are the most clever scams you have come across?

Mine was in Thailand. I've been in sales for 10 years, and nearly fell for this one. It was that impressive. It's also known as the "gem" scam.

My buddy and I were going around with a Tuk Tuk driver, and went to a smaller temple in the city. We walked around while the Tuk Tuk driver went to the bathroom, and upon waiting for the Tuk Tuk, a person standing at the exit with a camera dressed like a tourist said "Hi" to us. He said he was also waiting for his Tuk Tuk driver.

The tourist: "Where are you guys from?"
Us: "San Francisco."
Him: "I used to work at HP. San Jose. I loved the Bay Area" (in perfect English)
Us: "That's awesome. Loving Thailand?"
Him: "Absolutely. Today is pretty sweet too. Going back to Singapore soon, so I picked up a gem to resell."
Us: "Why would you trust gems here?"
Him: "Oh. Once a year, we come to Bangkok to buy a gem or two. They allow up to only 2 gems tax-free per year, so we buy it at a low cost and resell for about 2X. Pretty sweet deal. You might as well check it out."
Us: "Oh... Ok." (We were doubtful)
Him: "Well, enjoy the trip guys. Bangkok is fun. Make sure to explore X, Y, Z, etc."

The Tuk Tuk driver came back and asked us where we wanted to go next. We then asked about the gem sale. He said "Yes! Today is actually the tax free day for exports. You can only pick up 2 gems though. That's why you see so many tourists from Asia here buying gems to resell."

We were like hmm... seems fishy. However, let's check it out. The Tuk Tuk took us to a diamond jeweler in the jewelry district. We went into the store and saw other tourists coming in also. I think a few of them weren't really tourists, but were actually part of their plan.

Inside the jeweler, they memorized a lot of things about San Francisco. They were able to spit out random companies, locations, popular spots, etc. to build reputation. They didn't even talk about the "tax free day." We then asked about it.

"Why yes. Today is a special day which is why everybody is buying."

Because they did not hard sell us, I started thinking... "Hrm.. maybe it really is true and they don't want people exploiting it."

Nonetheless, we did not buy anything because the gems were ugly. I then googled the scam, and can't believe I fell for it. They have everything perfectly scripted, timed, and tested/mastered. I was impressed.

Source: https://www.quora.com/What-are-the-most-clever-scams-you-have-come-across

Neteller here: www..com.ng
EducationWhat's The Smartest Thing A Professor Has Ever Done? by ItuExchange(op): 9:09pm On Oct 06, 2016
Last year, we were having a session at the University “Study skill’s module” ,when the professor gave us a sheet and asked us to read it carefully before we start filling it in. And added that the one who finishes first is the winner, so everybody was trying to be the winner. Although he insisted on reading the sheet accurately no body paid attention. After a while, someone said loudly "Yes, i have". And i was like no way how did he reach the 14th number,i don't wanna lose .. I was only in the number 11. Then another classmate said, hey wait it's a trap! everybody was asking how is that? .. the student asked us to go and read number 22. Oh gosh! we are all losers ..

The professor started laughing and said, you know what your problem is .. is that you don't listen! He justified that he played the game just to show us how it's important to focus on what is being said. And always remember to read the questions before you start answering them.

To be honest, it was the smartest thing ever!

Source: https://www.quora.com/Whats-the-smartest-thing-a-professor-has-ever-done

Neteller here: www..com.ng
Education4 Banned Books From Around The World You Should Absolutely Read by ItuExchange(op): 10:32am On Oct 06, 2016
I WAS ABOUT 10 YEARS OLD, and I had discovered my Dad’s tattered old copy of Stephen King’s truly terrifying vampire book, ‘Salem’s Lot. I was hooked — I wanted more spooky stuff. So I went into the library and found Carrie, and walked up to the counter.

“You can’t check this out,” the librarian said.

“Why?” I asked.

“You’re too young.”

My mom took it. “I’ll check it out for you.”

“I can’t really do that,” the librarian said, “I know it’s for him.”

Look — it may have been a good idea to not give a 10-year-old a book about periods and mass slayings, but I remember seething as we drove home that day. “I’m definitely reading it now,” I thought.

Governments ban books for any number of reasons: sexual content, religious blasphemy, racism, and violence, to name a few. There are such things as books that some people should not read (the anti-Semitic forgery The Protocols of the Elders of Zion comes to mind). But the act of banning a book is always a terrible idea. It not only crushes free speech, but it elevates the book and it’s author to martyr status, which often is the exact opposite of what the banner wanted.

This week is Banned Books Week, so in honor of the written word, here are 4 books from around the world that you should totally read.

Persepolis by Marjane Satrapi — Banned in the US

Marjane Satrapi was born in Iran, and grew up during the Iranian Revolution. In her classic autobiographical graphic novel, Persepolis, she tells the story of growing up as a feminist punk in deeply conservative country.

So you’re thinking — this would have been banned in Iran, right? Well, it was never actually published there, so in a way, yes — but it was banned in Chicago. Administrators pulled it from public school libraries citing “graphic language and content inappropriate for children.”

The backlash was swift, and Satrapi publicly objected to the censorship. School officials eventually pulled back, allowing some copies in the schools.

All Quiet on the Western Front by Erich Maria Remarque — Banned in Nazi Germany
Erich Maria Remarque’s famous anti-war book about the grinding, brutal fighting in the WWI trenches was a bit too realistic for Hitler. The Nazis banned the book for allegedly denigrating the German war effort and for being a “degenerate book.” Fascists tossed All Quiet on the Western Front into some of their earliest book bonfires.

Remarque, himself a veteran of WWI, had to flee Germany, but his sister stayed behind. In 1943, the Nazis arrested her and said, “Your brother is unfortunately beyond our reach — you, however, will not escape us.” They beheaded her for “undermining morale.”

Remarque lived to the age of 72. His book on the destructiveness and senselessness of war lives on still.

The Satanic Verses by Salman Rushdie — Banned in Iran

Rushdie’s 1988 book is perhaps the most famous banned book of the 20th century. Nominally, it was banned in many Muslim countries because it was blasphemous towards Islam. Ayatollah Khomeini of Iran even put a fatwa out calling for Rushdie’s murder. But the Ayatollah was probably more upset about a chapter that mocked him specifically.

Rushdie had to spend years in hiding as a result of the fatwa. Today, the story around The Satanic Verses is now better known than the story within the pages of the book itself.

The book itself is a pretty incredible, bizarre, magical realist book in the vein as Gabriel Garcia Marquez. It’s worth reading for its strange, almost indescribable story alone. But even if you don’t love it, at least you’re pissing off the Ayatollah’s ghost.

Doctor Zhivago by Boris Pasternak — Banned in the USSR
The Soviets banned a lot of books. One of the most illustrative examples, though, was Boris Pasternak’s classic Doctor Zhivago. Pasternak’s book is a sprawling, epic novel taking place in early 20th century Russia. The central story is a love story, but the book is also critical of the Russian Revolution.

Pasternak had friends smuggle the book out of Russia in order to publish it. The next year, Pasternak was offered the Nobel Prize for Literature, but turned it down, worried about reprisals from the Communist Party. They threatened to both not allow him to return home if he went to collect the prize, and to send his mistress to the gulag. The book wasn’t published until 1988 in the USSR.

Source: http://www.stumbleupon.com/su/AIqFnK/:1vq5Jgqes:SLQrahlf/matadornetwork.com/change/4-banned-books-around-world-absolutely-read


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InvestmentWhat Science Tells Us About Leadership Potential by ItuExchange(op): 9:27pm On Oct 05, 2016
Although the scientific study of leadership is well established, its key discoveries are unfamiliar to most people, including an alarmingly large proportion of those in charge of evaluating and selecting leaders.

This science-practitioner gap explains our disappointing state of affairs. Leaders should drive employee engagement, yet only 30% of employees are engaged, costing the U.S. economy $550 billion a year in productivity loss. Moreover, a large global survey of employee attitudes toward management suggests that a whopping 82% of people don’t trust their boss. You only need to google “my boss is…” or “my manager is…” and see what the autocomplete text is to get a sense of what most people think of their leaders.

Unsurprisingly, over 50% of employees quit their job because of their managers. As the old saying goes, “people join companies, but quit their bosses.” And the rate of derailment, unethical incidents, and counterproductive work behaviors among leaders is so high that it is hard to be shocked by a leader’s dark side. Research indicates that 30%–60% of leaders act destructively, with an estimated cost of $1–$2.7 million for each failed senior manager.

How talent management is changing.
Part of the problem is that many widely held beliefs about leadership are incongruent with the scientific evidence. As Mark Twain allegedly noted, “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” For example, it is quite common for people to believe that leadership is largely dependent on the situation, that it’s hard to predict whether someone will be a good (or bad) leader, and that any person can be a leader. In reality, some people have a much higher probability of becoming leaders, regardless of the context, and this probability can be precisely quantified with robust psychological tools.

What do we really know about the measurement of leadership potential? Here are some critical findings:

Who becomes a leader? Although leaders come in many shapes, a few personality characteristics consistently predict whether someone is likely to emerge as a leader. As the most widely cited meta-analysis in this area shows, people who are more adjusted, sociable, ambitious, and curious are much more likely to become leaders. (53% of the variability in leadership emergence is explained by these personality factors.) Unsurprisingly, higher levels of cognitive ability (IQ) also increase an individual’s likelihood to emerge as a leader, though by less than 5%. Of course, emergence doesn’t imply effectiveness, but one has to emerge in order to be effective.

What are the key qualities of effective leaders? The ultimate measure of leader effectiveness is the performance of the leader’s team or organization, particularly vis-à-vis competitors. Leadership is a resource for the group, and effective leaders enable a group to outperform other groups. While the same personality and ability traits described above help leaders become more effective — they are not just advantageous for emergence — the best leaders also show higher levels of integrity, which enables them to create a fair and just culture in their teams and organizations. In addition, effective leaders are generally more emotionally intelligent, which enables them to stay calm under pressure and have better people skills. Conversely, narcissistic leaders are more prone to behaving in unethical ways, which is likely to harm their teams.

How will the person lead? Not everyone leads in the same way. Leadership style is largely dependent on personality. Ambitious, thick-skinned leaders tend to be more entrepreneurial, so they are focused on growth and innovation. Curious, sociable, and sensitive leaders tend to be more charismatic, though charisma often reflects dark side traits, such as narcissism and psychopathy. Studies also highlight gender differences in leadership styles, with men being more transactional and women more transformational. However, gender roles are best understood as a psychological and normally distributed variable, as people differ in masculinity and femininity regardless of their biological sex.

Are leaders born or made? Any observable pattern of human behaviors is the byproduct of genetic and environmental influences, so the answer to this question is “both.” Estimates suggest that leadership is 30%-60% heritable, largely because the character traits that shape leadership — personality and intelligence — are heritable. While this suggests strong biological influences on leadership, it does not imply that nurture is trivial. Even more-heritable traits, such as weight (80%) and height (90%), are affected by environmental factors. Although there is no clear recipe for manipulating the environment in order to boost leadership potential, well-crafted coaching interventions boost critical leadership competencies by about 20%–30%.

What is the role of culture? Culture is key because it drives employee engagement and performance. However, culture isn’t the cause of leadership so much as the result of it. Thus leaders create the explicit and implicit rules of interaction for organizational members, and these rules affect morale and productivity levels. When people’s values are closely aligned with the values of the organization (and leadership), they will experience higher levels of fit and purpose.

How early can we predict potential? Any prediction is a measure of potential or the probability of something happening. Because leadership is partly dependent on genetic and early childhood experiences, predicting it from an early age is certainly possible. Whether doing so is ethical or legal is a different question. However, most of the commonly used indicators to gauge leadership potential — educational achievement, emotional intelligence, ambition, and IQ — can be predicted from a very early age, so it would be naïve to treat them as more malleable. Perhaps in the future, leadership potential will be assessed at a very early age by inspecting people’s saliva.


Does gender matter? Less than we think. The fact that so many leaders are male has much more to do with social factors (people’s expectations, cultural norms, and opportunities) than actual gender differences in leadership potential, which are virtually nonexistent. In fact, some studies have shown that women are slightly more effective as leaders on the job, but this may be because the standards for appointing women to leadership positions are higher than those for appointing men, which creates a surplus of incompetent men in leadership positions. The solution is not to get women to act more like men, but to select leaders based on their actual competence.

Why do leaders derail? We cannot ignore the wide range of undesirable and toxic outcomes associated with leadership. It is not the absence of bright side qualities, but rather their coexistence with dark side tendencies, that makes leaders derail. Indeed, as Sepp Blatter, Dominique Strauss-Kahn, and Bernie Madoff demonstrate, technical brilliance often coexists with self-destructive and other destructive traits. This is just one reason why it is so important for leadership development and executive coaching interventions to highlight leaders’ weaknesses, and help them keep their toxic tendencies in check.

Although these findings have been replicated in multiple studies, a skeptic could ask, “Now that we’re (allegedly) living in an era of unprecedented technological change, could some of these findings be outdated?”

Not really.

Leadership evolved over millions of years, enabling us to function as group-living animals. It is therefore unlikely that the core foundations of leadership will change. That said, the specific skills and qualities that enable leaders and their groups to adapt to the world are certainly somewhat context dependent. For example, just as physical strength mattered more, and intellectual ability less, in the past, it is conceivable that human differentiators such as curiosity, empathy, and creativity will become more important in a world of ever-growing technological dependence and ubiquitous artificial intelligence.

In short, the science of leadership is well established. There is no real need to advance it in order to improve real-world practices. We should focus instead on applying what we already know, and ignoring what we think we know that isn’t true.


Source: http://www.stumbleupon.com/su/1BprO6/:1I8.nCfCh:SLQrahlf/hbr.org/2016/09/what-science-tells-us-about-leadership-potential


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FamilyWhat Is Something Crazy That Your Neighbor Has Done? by ItuExchange(op): 8:24am On Oct 05, 2016
One time my neighbor stole my cat.

First, I asked for my cat back. She ran into my arms when this crazy woman opened the door. My neighbor then insisted that I was harassing HER cat, grabbed Marie out of my arms, and slammed the door in my face.

Naturally, I called the police and they came over. She argued with them for like 15 minutes, while I was showing them picture after picture of me and Marie I had on my phone. Finally, I showed them all the papers I had for her (vaccination records, her adoption forms, etc) and they said “Look lady, I don’t know why you’re still keeping this up, we know the cat isn’t yours, please just give her back so we don’t have to forcibly take her.” She told them to get a warrant and tried to shut the door, but the officer stopped her, then told me to go get my cat. I took one step inside, and Marie ran to me again and we walked out. She slammed the door while screaming at us, and the officers told me to call them again if anything happened.

I kept Marie inside until we were able to move about 2 months later. Every time she saw me in those two months, she would scream obscenities at me and would tell anyone near by about how I forcibly removed HER cat. Fortunately, no one believed her because apparently she had done this before…

Can’t blame her for wanting to steal this cutie pie though smiley

Source: https://www.quora.com/What-is-something-crazy-that-your-neighbor-has-done

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CareerThe Benefits Of Being A Stupid Employee by ItuExchange(op): 10:36pm On Oct 04, 2016
The importance of sucking at a new job for a year or two

You suck.

Also: I suck.

I don’t know what it is that you suck at, but you suck at something very important. You suck at things you will someday not suck at. But for now, you are not good at these things. In fact, you suck at them.

This must be accepted.

It might take a while. So I’ll wait.

You know what? I’ll do it too.

While we’re both accepting that we suck, let’s talk about failure.

Failure is huge right now. It’s being studied. It’s being written about. It’s being blogged about. “Fail early and often,” we’re told. “Surrender to the pain of failure.” “Failure is fundamental.” The latest key to success is to fail but to fail in the right way.

But is there a right way to fail? Is there a right way to submit work you know is half-baked, like I did during my first few months at Esquire? Is there a right way to stumble through a presentation to the sales staff, like I did during my first few months at Esquire? Is there a right way to indiscreetly talk about another magazine at a party and then turn around and two editors from that magazine are right behind you, like I did during my first few months at Esquire? Is there a right way to have a story killed? Is there a right way to do shit work?

I don’t think actual failure is what’s being discussed. “Failure” is just the word that makes the books and articles seem more intriguing than they actually are. Actual failure is awful and expensive. It’s devastating. Failure teaches you nothing. You should not consider “failure” a positive outcome. Not early. Not often. Not ever, if you can help it. Really, what’s being discussed is: mistakes.

All of the studies that the books and blog posts cite basically boil down to two messages. 1. Humans hate to make mistakes. 2. A key determinant of success is both accepting that you will make mistakes and paying attention to the mistakes that you make.

One of the most cited experts on this topic is Stanford psychologist Carol Dweck, who pioneered the idea of “mind-sets.” People with “fixed mind-sets,” she says, believe their abilities are unchangeable—a belief that causes them to shy away from situations in which they might fail. By contrast, people with “growth mind-sets” embrace challenges because they believe they can become smarter and more capable even if they don’t succeed. They’re willing to get things wrong, but more important, they’re ready to listen to the feedback. Screwing up is not a defining thing. This is such a useful attitude to have. I’ve been at my current job for 10 years and I’ve only just recently adopted this mentality. It’s made my work better. It’s made the process more efficient. And I have a lot more time to spend with my family.

What people with a growth mind-set know is that mistakes are useful when you’re willing to have a conversation about them, when you’re willing to be corrected.

But actual failure? Humiliating, devastating failure?

Aside from teaching us that certain decisions are bad decisions and that we should not make them twice, failure totally blows. But mistakes are amazing.

The main failure of my first couple of years in New York was the shame I felt at making mistakes. If I have a regret, this is it. I was too caught up in the fear of making mistakes. I sometimes acted timidly. In the short term, I probably did “better” work, but in the long term I did worse work because I didn’t allow myself to get my mistakes over with early. I would stay at work until midnight working on a headline. I would refine a single joke over two or three days. There is nothing wrong with focusing on the details. But focusing on the details at the expense of your personal life is not a good idea.

Now that I’m a manager, if I see someone hanging on to something for what I think is too long, I will tell them to give it to me. As is. Just turn it over. Doing work too fast is a bad idea. But doing work too slow is a terrible idea. The last thing a boss wants is to be left without any options if the work isn’t good enough. Being fastidious is possibly the worst thing a young worker can do. The work is probably not going to get to where it needs to be no matter how long you hang on to it. So turn it in early and then make corrections. You’re supposed to do bad work.

Everyone wants you to do bad work.

Everyone.

Your boss wants you to get it out of your system and learn what not to do. He’s certainly expecting it.

And your peers want you to make mistakes too. Either they understand the value of a fearless colleague or they just want to feel superior...if they even notice. Loads of studies have shown that we tend to think people pay attention to us twice as much as they actually do. This is the spotlight effect. (Turns out my mom was right about this, which she repeated to me on a weekly basis during my adolescence.)

And you don’t realize it, but you want to do bad work too. Because in every bit of bad work, there is always a kernel of something good. Bad work is 2 to 13 percent good. Your job is to pick through the mess you create and find that good. Other people will help you find it. Let them.

Source: https://www./importance-sucking-new-job-year-two-ross-mccammon?trk=eml-email_feed_ecosystem_digest_01-hero-0-null&midToken=AQF1ZKDGT9_qmg&fromEmail=fromEmail&ut=2vMtuZwf1zgDs1

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NYSCRe: Youth Corper Declared Missing In Zamfara (photo) by ItuExchange(m): 1:30pm On Oct 04, 2016
I'm sorry to hear this. May he be found again. Peace be with him.


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CrimeIs It True That Nigerians Are Committing Suicide? by ItuExchange(op): 9:57am On Oct 03, 2016
I heard some commentators and journalists and citizens saying that the Nigerian economy is so bad that certain people are committing suicide.

Is there no hope again? Do you think Nigerians can really commit suicide? “E no easy, E no easy, etc. But people don’t want to die.

Churches and mosques are doing a good job in giving people hope… That the future is brighter. Most of religious leaders today are nothing more than orators and motivational speakers, they make people feel that things would only be better. We should give kudos to them.

If someone who’s dejected and suicidal goes to church, their spirits may be lifted high and viewpoints changed after they’ve heard sermons. Religious preachers are doing a great job.

That’s one of the reasons why Nigeria is still relatively peaceful. Most other nations in the world can’t endure what we’re enduring here.

Our president, Disappointer-In-Chief, has now clearly seen that things are easier said than done.

When we say people are hungry, it doesn’t mean there’s no food: It means there’s no money to buy food. Yet, people have hope. They don’t want to be killed, not mention killing themselves.

Is it true that Nigerians can really commit suicide for economic reasons, when most of us believe that tomorrow would be better?

Have you really seen anyone you know take their own life only because of economic reasons? Is this a reality or just a rumor or a kind of exaggeration?

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Christianity EtcWhy Don’t Gotv/dstv Want People To Mention God? by ItuExchange(op): 9:18am On Oct 02, 2016
This question mostly has to do with African Magic Yoruba. I sometimes watch it and whenever I watch an interesting Yoruba movie, I tend to view it till the end.

These movies are subscribed in Engilsh, and as you know, 99% of Yorubas believe in God, not matter their religions.

Whenever the cast are speaking and the translation for subscription is being done in English, the GoTV people would always have obliterated anywhere where “God” or “Lord” is being mentioned.

Whenever name of God is mentioned in the subscription, it’s crossed out.

Are the people behind GoTV/DSTV African Magic Yoruba atheists? Or are they trying to avoid offending some atheists?

Why are they doing this? Don’t they themselves believe in a Creator? Is there anything wrong with them?

Don’t they know that part of Yoruba’s core values is a belief is a creator? Why show the movies after all, if they don’t want the name of God to be seen or mentioned?

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CelebritiesIs This The Smartest Man That Has Ever Lived? by ItuExchange(op): 11:33pm On Oct 01, 2016
Who is the smartest human being that's ever lived?

Salman Khan.

In the year 1998 at MIT, Khan achieved 3 BSc in mathematics, electrical engineering, and computer science whereafter he completed 2 MSc in electrical engineering and computer science. He also holds an MBA from Harvard.

He left his job as a hedge fund analyst after discovering educating millions of people—through his paragon teaching style—was in the realm of possibilities.

I believe the smartest people who roam the universe are simultaneously the most unpretentious because through hindsight they realise it is not inherent intelligence, but persistent passionate diligence, curiosity and a willingness to grow that's key. They also took notice that the environment where kids grow up, which makes or breaks passion, is entirely up to chance; and an unfavourable one at that.

That being said, Sal chose sharing wisdom over utilizing it for lucrative intentions. And judging from his various degrees, the latter possibilities could've been endless. To this day Khan Academy has offered a helping hand to over 40 million people worldwide, for free!

"The sole meaning of life is to serve humanity." ―Leo Tolstoy

His genuinely compassionate and charismatic approach has impacted and will continue to impact millions of lives. Team Khan Academy is closing the illusionary gap between the layman and the wonderful Shangri-La that is science. Ultimately leveling up our humanity.

PS: The claim that any person is the smartest who ever lived is subjective. Sal was chosen because he educated people who'd otherwise never have enjoyed the opportunity. By virtue of making the humankind smarter he deserves an honorable mention. Khan Academy might have tutored the next Marie Curie or Albert Einstein who'd in different circumstances be left in darkness.

Source: https://www.quora.com/Who-is-the-smartest-human-being-thats-ever-lived

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Career7 Unexpected Signs You're More Successful Than You Think by ItuExchange(op): 12:18am On Oct 01, 2016
7 Unexpected Signs You're a Lot More Successful Than You Think

Once in a while, you need to stop and smell your roses: Not only is it good for you, it will motivate you to plant even more.

If you compare yourself to certain people it's easy to feel you're unsuccessful. If you're an entrepreneur and you compare yourself to Richard Branson, you lose. If you're a musician and you compare yourself to Taylor Swift (especially if the point of comparison is earnings), you lose. If your goal is to change the world and you compare yourself to Steve...you lose.

That's the problem with comparisons. No matter how successful you feel, there will always be someone who is more successful. There will always someone better, or smarter, or wealthier, or seemingly more happy.

So let's stop comparing and just focus on you. Here are a few signs that you're more successful than you might think--and, in all likelihood, happier too:

1. You have enough money that you can make positive choices.

Many people live paycheck to paycheck. Worse, many have to decide between necessities. (My wife just mentioned the other day how once upon a time she had to decide between filling a prescription for an antibiotic or putting gas in her car.)

If you make enough money, and don't spend so much money, that you can make positive choices about what to do with some of it--whether it's investing, or taking a vacation, or taking classes...anything you want to do instead of have to do--then you're successful, both because you've escaped the paycheck-to-paycheck grind and because you can leverage that extra money to become even more successful.

2. You have close friends.

Close friendship are increasingly rare; one study found that the number of friends respondents felt they could discuss important matters with has dropped from an average of 2.94 to 2.08 in the last 20 years. (So much for the power of social media.)

If you have more than two or three close friends, be glad, not only for the social connection but also because the positive effect of relationships on your life span is double what you get from exercising and just as powerful as quitting smoking.

And where professional relationships are concerned...

3. You choose the people around you.

Some people have employees who drive them nuts. Some people have customers who are obnoxious. Some people have casual acquaintances who are selfish, all-about-me jerks.

Guess what: They chose those people. Those people are in their professional or personal lives because they let them remain.

Successful people attract successful people. Hardworking people attract hardworking people. Kind people associate with kind people. Great employees want to work for great bosses.

If the people around you are people you want to be around you...you're successful. (And if they're not, it's time to start making some changes.)

4. You see failure as training.

Failure sucks, but it's also the best way to learn and grow. There will always be trials, challenges, and obstacles--but perseverance always wins in the end.

Every successful person has failed, numerous times. (Most of them have failed a lot more often than you. That's why they're so successful now.)

If you embrace every failure--if you own it, learn from it, and take full responsibility for making sure that next time things will turn out differently--then you're already successful.

And in time, you'll be even more successful, because you'll never stop trying to be better than you are today.

5. You don't ask for anything.

We've all experienced this moment: We're having a great conversation, we're finding things in common...and then, boom: The other person plays the "I need something" card.

And everything about the interaction changes.

What once appeared friendly has turned needy, almost grasping...and, if you're like me, you feel guilty if you decide you don't want to help.

People who feel successful aren't needy. They accept help if offered, but they don't feel the need to ask. In fact, they focus on what they can do for other people.

6. You let others grab the spotlight.

OK, maybe you did do all the work. Maybe you did move mountains. Maybe you did kick ass and take names.

If you aren't looking for praise or accolades, that means you're successful. That means you feel proud on the inside, where it counts. You don't need the glory; you know what you've achieved.

If you enjoy the validation of others but don't need the validation of others, you're successful.

And you know it...even if you don't show it.

7. You have a purpose.

Successful people have a purpose. As a result, they're excited, dedicated, passionate, and fearless.

And they share their passions with others.

If you're found a purpose--if you've found something that inspires you, fuels you, makes you excited to get up, get out, and achieve--then you're successful, regardless of how much money you make or what other people think.

Why? Because you're living life your way--and that's the best sign of success there is.

Source: http://www.stumbleupon.com/su/6eMH9w/:I_UHUVJQ:V0eNqei$/www.inc.com/jeff-haden/7-unexpected-signs-youre-a-lot-more-successful-than-you-think.html


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CelebritiesWhat Would Happen If Everyone On The Planet Was A Billionaire? by ItuExchange(op): 11:05am On Sep 30, 2016
First the trite answer: if everyone on the planet is a billionaire, it’s because every country in the world has suffered a lot of inflation, either on the long term or as a result of hyperinflation.

Moving on.

What would happen if everyone on the planet suddenly had the equivalent of one billion US dollars added to their bank account?

Immediate massive inflation, of course. Physical money transactions become impossible until the governments produce new currrency. A lot of instability as we find the new price points for every product and service, most of them proportional to the old prices.

Now, many answers believe that wealth inequality would take a massive hit: instead of some people having a billion times more money than others (ignoring debt), the worse ratio would be something like 20 or 50, and only in rare cases.

But wealth isn’t only about money. Rich people’s possessions are simply worth much more, and inflation has little effect on the value of those possessions.

The biggest impact would be on debtors and creditors. Are you in debt? Well not anymore you’re not. You just got much richer. Are you a creditor? Well tough luck: any money you loaned is simply lost. Do you know how much money banks credit at any given time?

Remember the financial crisis of 2007–09? Where banks almost collapsed? It was nothing compared to this. Prepare for complete market failure, and banks being only part of it.

The only way I see out of it is quick government intervention to restore the status quo. No matter how abused it is, money is a representation of value that modern society cannot function without in the short term, and the recent billionarization of everyone killed money. The government could force banks to cancel the extra billion in every account. There would be irregularities, and lawyers would have a field day, but nothing short of that would have a chance of averting a global crisis.

Source: https://www.quora.com/What-would-happen-if-everyone-on-the-planet-was-a-billionare

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FamilyWhy Don't Airlines Have Parachutes For Passengers? by ItuExchange(op): 10:52pm On Sep 29, 2016
79 sensible answers already for the question. Let me throw some light from my point of view.

In order to dive from an airliner you would need to be,

in a stable altitude,

at low air speed,

and below about 12 000 ft (though skydiving is performed in 15000–18000 ft max).

One more thing is there won’t be enough time for us to prepare. For example, an analysis made from Air France 447 (Rio de Janeiro, Brazil to Paris) which crashed in 2009 took only 3 mins 22 secs from its peak altitude of the aircraft until impact with ocean. The flight is stalling and loses its control.

You’re panicking and trying to get your chute which itself loses a big amount of time and you need to jump from an opening, no other choice than a door. Someone should open the pressurized door and you cannot depressurize an aircraft over 12k feet since the passengers may pass out.

There is no way 90% of passengers gonna get their parachutes and be prepared in this short time.

There are several other reasons for not using parachutes in commercial jets,

The door of a passenger plane cannot be opened in mid-flight. Even military parachutists wait till the plane gets stable to exit.

Parachutes which can be used by an average person is big enough to slow down a whole airliner. This will be heavy enough, reducing payload as well as increasing the number of flights to transport the same amount of passengers.

An opening in an aircraft destroys the whole fuselage.

Each parachute may weigh 8–10 kgs and too expensive.

It is extremely difficult to exit an unstable aircraft cruising at 400–600 mph. Most of the novice skydivers jump from an aircraft moving at 80–100 mph
A jet which is cruising at 35,000 feet (almost three times higher than a typical jump) every passenger would need equipment like an oxygen tank, mask and regulator, flight suit, helmet and altimeter just to manage the thin air. Or the passengers could just pass out from hypoxia (deficiency in the amount of oxygen reaching the tissues) and wake up later.

Each and every passenger requires training to understand parachute usage. Not everyone is good at listening to flight attendant’s emergency situation instructions or flight safety instructions which we see daily in many flights.

You might be in a panic state and might need to deploy the chute manually (which is practically impossible without prior experience) and what about the impact/injuries during landing? It may be to an open ocean, jungle or desert.

Tickets will become expensive and we know majority of the passengers choose only cheaper aircraft sometimes.

Pilots are always our companions for our safe flight. They will do every possible thing to act during emergency situations.

NB: Yes, there is a plan of deploying a huge chute for an aircraft instead of individual passengers. Not sure how successful this project is gonna be.

The stats produced here are about the commercial airliner and not Cessna/CASA/Douglas/Dornier aircrafts used for skydiving.

People who consider jumping with parachute to the ocean will save your life, please consider how you’ll stay in the ocean swimming for too long unless you find a ship or boat. As explained in comments section, you’ll freeze (hypothermia)/drown to death.

Source: https://www.quora.com/Why-dont-airlines-have-parachutes-for-passengers


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BusinessWhich Countries Have The Strongest Economies In 2016? by ItuExchange(op): 8:30am On Sep 29, 2016
Well, that depends on what exactly you mean by strong. If we're talking the fastest growth rates, then the strongest economies are still the big emerging markets like China and India.

They're able to grow quickly, however, in part because they are much poorer than industrialized countries like the US and can borrow ideas and technology from others. In fact, America's economy is looking remarkably robust; it has been growing consistently for about seven years now, and average incomes there are among the highest in the world.

On the other hand, economies like Germany, while not quite as rich, are growing while also managing to achieve a distribution of income that is less unequal than America's.

Source: https://www.quora.com/Which-countries-have-the-strongest-economies-in-2016

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FoodThese 3 Foods Are Banned In Other Countries! by ItuExchange(op): 9:58pm On Sep 28, 2016
These 3 Foods are Banned in Other Countries—Avoid Them at All Costs

It’s shocking to learn that some of the ingredients we consume on a daily basis as Americans are so unhealthy that they are considered unfit for consumption in other countries. From the additives in our cereals to the chemicals embedded in our meats and sodas, it’s no wonder the American obesity problem has ballooned into a full-fledged epidemic.

What’s more shocking is the fact that, at this point, it’s more difficult (and more expensive) to find food in its organic, unaltered state than it is to find food tainted with harmful, artificial additives. Thankfully, Delish has compiled a handy list of the American foods banned in other countries, which doubles as a list of toxic ingredients to avoid at all costs:

ARTIFICIAL FOOD DYES

Where they’re found: Cereals, baked goods, candy, sports drinks, soda, macaroni and cheese, and more.

Why they’re bad: Although food dyes add a vibrant pop of color to your food, they...
Where they’re found: Cereals, baked goods, candy, sports drinks, soda, macaroni and cheese, and more.

Why they’re bad: Although food dyes add a vibrant pop of color to your food, they are reportedly made from chemicals extracted from petroleum, according to Delish. Petroleum is also used to make gasoline, diesel, and tar.



FARMED SALMON

Why it’s bad: Farm-raised salmon are fed an unnatural diet of grains, antibiotics, and other drugs designed to fatten up the fish. Unsurprisingly, this lethal combination leaves the salmon...

Why it’s bad: Farm-raised salmon are fed an unnatural diet of grains, antibiotics, and other drugs designed to fatten up the fish. Unsurprisingly, this lethal combination leaves the salmon with gray-toned flesh, which manufacturers then correct using pink synthetic astaxanthin—another petrochemical. Consider buying wild-caught salmon to get your dose of healthy omega-3 fatty acids.



BROMINATED VEGETABLE OIL

Where it’s found: Sports drinks and citrus-flavored sodas.
Why it’s bad: While we’ve already discussed the harmful effects of vegetable oils, brominated vegetable oil is...

Where it’s found: Sports drinks and citrus-flavored sodas.

Why it’s bad: While we’ve already discussed the harmful effects of vegetable oils, brominated vegetable oil is basically a citrus flavor intensifier and a toxic, poisonous chemical. “[It’s] corrosive to the body, having been linked to organ system damage, birth defects, schizophrenia, and more,” reports Delish.

Head over to Delish for the full list of banned ingredients, and shop the Simply Organic cookbook to avoid toxic food additives altogether.

Source: http://www.stumbleupon.com/su/9MT8wl/:WX3+EzOq:V0eNqei$/www.mydomaine.com/american-foods-banned-in-other-countries

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CareerThe Greatest Piece Of Career Advice You Need To Know... by ItuExchange(op): 8:33am On Sep 28, 2016
The One Piece Of Career Advice You Need To Know...

Originally I was going to make this a post about habits I’ve developed.

You know, “habits to be the amazing, successful person that I am.”

But I realized I don’t really have that many good habits. And I’m not sure I’m worth emulating.

There is only one super important habit that stands above all the rest:

But first I’m going to leave you with this cliffhanger…..

The most important thing you can do is find someone good to spend your life with.
This is the only career advice.

And if you can’t find one person, then only spend time with people you can learn from. A person who inspires you to be a better person.

I ask myself when I am with someone, “Does this person inspire me to be a better person.”

Some people might be good, but just not good for you. So it’s a relative thing.

Whenever I follow this rule, my life gets exponentially better very quickly.

Whenever I don’t follow it, I know one of two things will happen:

I will end up dead or I will end up in jail.

I have ended up trying to kill myself. And I have ended up being picked up by police. So I know this much to be true.

If I am not with one person but “looking” then I try to learn at least one thing from each person I am around. The one takeaway.

If you can’t get one takeaway then you wasted one night of your life.
Which is not really so horrible either. I don’t want to judge.
Forget business jargon. Forget habits. Forget 10x thinking. Forget goals and minimum viable businesses. Forget “goal-stacking.”
Forget: “jump starting” and “e-myths” and “learn this.”

Dream of the right person to be with. Be with that person. Be good to them. Stay as long as it’s worth it.

Much later: die happy.
Martin Luther King did not say, “I have a mission statement.”

- By James Altucher

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FamilyRe: Can I Start A Family With 70k? by ItuExchange(m): 10:55am On Sep 27, 2016
Yes, that's possible. You simply buy want you need, not what you want, and you avoid all unnecessary expenses.

You're blessed if you wife also earns an income. The sad thing is that, millions on Nigerians earn far less than this.

I wonder how they survive.



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BusinessWhat Is The Meaning Of Sabo? by ItuExchange(op): 10:30am On Sep 26, 2016
I’ve long been hearing of Sabo Yaba. I’ve been there.

I recently heard that there is another Sabo in Shagamu, Ogun State.

A few weeks ago, I went to Oyo and stumbled into another Sabo in Oyo Alafin.

Please come, what’s Sabo? I sensed that kind of sabo is a market place where Hausa people are often plentiful.

Am I wrong? What is the meaning of SABO? Why are they in almost all the states in Yorubaland? Is it really Hausa marketplace or anything else?

Could anyone please, shed light on this mystery?


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PetsCan 3 Wolves Kill A Healthy Adult Gorilla In A Fight? by ItuExchange(op): 11:51pm On Sep 25, 2016
Who would win in a fight: 1 gorilla or a pack of 3 wolves?

I have witnessed a pack of 4 wolves attacking a young bear… who may have been a year old, so I would say he was about a quarter of the strength of an adult Gorilla.

Now , if the wolves would have killed him easily… I’d say maybe they have a chance against an adult Gorilla… but they didn’t !

They wounded him but he wounded them even more…and they eventually gave up and he ran away to his mom.

Do you think 3 of them have a chance against this ??

I say NO WAY !!

First , because wolves attack animals that are running away from them… that’s where they bite you from behind - and jump on you from the side… using the surprise factor and momentum of running.
But a Gorilla would never run away from Wolves…

Second, because I’ve seen a Gorilla break a 4 inch thick glass - a Glass you would not be able to break with a hammer… he broke it with his hands !
This creature is massive and strong like you cannot imagine…

7 years ago I got to play shortly with a baby Gorilla when I was helping at the Zoo; now, I am never scared of animals - but this baby scared the heck out of me… the moment he held my hand - I felt like Superman is holding me… it felt like he was a Bionic machine with super powers… he was THAT strong.

Now , imagine an adult Gorilla… 20 times stronger than this baby… it’s beyond your imagination …just ask anyone that works in the Zoo and interacted with those magnificent creatures - they’ll tell you stories you won’t believe on how strong they are.

If a Gorilla slams a wolf on his head - that’s it for the wolf… he is a goner.
If he catches one - his tail or his leg - he will throw him in the air like it was a dirty diaper… for tens of feet far.

Now , a Gorilla is also a creature of Honor - and he won’t run away from wolves and I think that by itself will deter wolves from attacking a Gorilla.
Almost any animal will choose not to attack you if you’re not afraid of them and not running away… they will not see you as prey but perhaps a predator and they will fear you.

And even if they will attack a Gorilla - the first hit… the first time they will feel his power… they will back away and leave him alone.

To me - a Gorilla vs. 3 Wolves is like a WWF wrestler vs. 3 teenagers…
They can threaten him - curse at him and think they can beat him up… 3 on one… why not ? - but the moment he’ll put his hand on one of them - they’ll run crying to mommy…

Source: https://www.quora.com/Who-would-win-in-a-fight-1-gorilla-or-a-pack-of-3-wolves

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FamilyI’m 37, But My Dad Still Beats My Mom. Should I Tackle Him? by ItuExchange(op): 10:27am On Sep 25, 2016
Both my dad and my mum played part in me becoming who I am today. I’m now 37 years old, a married man and a father.

When I was young, my dad worked hard to provide money for my schooling, and my mom also worked hard to make sure I attended schools regularly, following me to school. My dad spent money, and my mom spent enormous effort.

I’m their only child.

They’ve now advanced in age, and there’s one thing I don’t like which my dad still does. He beats my mom. I know my mom can sometimes not stop being saucy, despite the fact that they’ve been living together for 37 years.

I’ve a good job and provide for both of them without favoritism. I send provisions and money and a visit them once in a while.

While my mom has her faults, I think my dad should’ve gotten used to her antics. At that age, he still beats her. I used to witness this when I was very young and still living with them. I was small and clueless then.

I thought my dad ought to have gotten used to how my mom behaves, but he still thinks he can teach her some lessons.

It’s shame for me whenever their neighbors phone me, telling me that my mom has been beaten and stripped naked by my dad. Sometimes, the neighbors would rush in to save her.

His family members and I have pleaded with him countless times, but nothing has changed.

He’s my dad and I don’t want his curse. I need his blessings. I still love him.

What should I do? Should I confront him? Should I tackle him the next time he lays his hands on my mom?

Should I continue to watch helplessly as my mom is being beaten?

Please advise me!


Neteller here: www..com.ng
EducationMy Last Career Advice For My 13-year Old Daughter (my Will) by ItuExchange(op): 9:00am On Sep 24, 2016
The Best Advice Ever To A Teenage Daughter Who Needs To Make Money

I’m ashamed because I felt the need to brag to my 13 year old. But she asked for it.

My daughter Mollie had a homework assignment where she had to ask me what I do for a living which put me in a weird position. I do a lot of things. I didn’t know how to tell her.

But it also shows that school is too focused on: EDUCATION leads to A JOB.

This is not true anymore.

The reality is:

The average person has 14 different careers in their lives.
The average multi-millionaire has seven different sources of income.
So anything that is “one job focused” will create a generation of kids that will learn the hard way that life doesn’t work like that.

The world changes fast. The jobs I do now didn’t exist when I was 13. And the jobs she will do don’t exist now.

So learning how to learn is more important than memorizing facts.

Here are her questions:

Hey dad! could you answer some questions about your career for my guidance class? It is a homework assignment.

What is the name of your occupation? What are the educational requirements to work in your career?
What do you like in your work? What do you dislike?
How is your day typically spent? What are your work hours?
How did you chose your occupation?
What advice would you suggest to young people regarding career choices?
Thank you! Love you

Hi Mollie!

QUESTION #1: What is the name of your occupation? What are the educational requirements to work in your career?

ANSWER: I don’t have a single occupation. AND you can drop out of school right now and do what I do!

In fact, Mollie, I hope you drop out of school right now. Please?

I’m a firm believer that people feel more well-being in their life when they are around people they love, they are good at what they do, and they have some autonomy (freedom) in how they make decisions.

You get more freedom in your life by doing many different things.

Some of which make money, some don’t, but all increase your COMPETENCE, RELATIONSHIPS and FREEDOM.

The three musketeers of well-being.

So I am a writer (I write books and articles). I’m a podcaster (I’ve had 10 million downloads of my podcast). I speak occasionally. And I advise or invest in over 30 different companies.

And I screw up a lot. If you do a lot of things, you screw up a lot of things. You have to give yourself permission to totally humiliate yourself repeatedly. If you can do that, then happiness results.

With companies I advise I try to stick to one criteria: can this company help over a billion people?

[note: I think I exaggerated on that answer. Pathetically bragging to a 13 year old. Maybe a million people is more accurate. Or, heck, a hundred people].

And remember, there are ZERO formal education requirements for what I do.



QUESTION #2: What do you like in your work? What do you dislike?

ANSWER: I am really happy with the friends I’ve made in the past five years. Also, I learn a lot. Probably a day has not gone by where I haven’t learned a huge amount.

The thing I dislike is that sometimes I don’t say “NO” enough (even though I wrote the book, “The Power of No”).

Here is the secret!

If something is not a “hell, YES!” then you should say “no”.

But even though this is a good technique, it is sometimes hard to follow and you end up saying “yes” because you want people to like you and you end up having less times to do the things that make you creative and give you life and energy.

I don’t know how to solve that. Practice.



QUESTION #3: How is your day typically spent? What are your work hours?

ANSWER: I have no work hours. Neither will you. You have school hours now but those are fake work hours.

BUT.

Daily routine is very important. We are at different levels of energy and productivity throughout the day.

For instance, at an extreme example, late at night we tend to be tired (that is why we sleep).

So if you try to do important work at night, it might not come out good.

We are at our peak productivity in our brain from 2 to 4 hours after we are awake.

So if we wake up at 5am, then from 7am to 9am your brain is about 100 times more active than it is at night.

So I wake up at 5am. I read for two hours. Then I write for two hours because this is the activity that is most important to me.

Then I walk or exercise. Then start to do things that require less and less brain power. Like advising businesses (I will do that first) and then do things like running errands or things that don’t require as much energy.

Our brain is only 2% of our body mass but burns 25% of our calories every day!

So how you make use of this magnificent tool that we have is very important for how well your day turns out.



QUESTION #4: How did you chose your occupation?

ANSWER: I don’t have an occupation.

But then I got desperate and scared.

I started building businesses when I was in my 20s because I needed to make some money.

When your sister was born it was like this new US citizen moved into my house and she was one foot tall, didn’t speak English, couldn’t walk, shat all over the floor, and cried all the time, and I had to take care of her.

So I felt I needed to make money to do that.

Sometimes I was good at it and sometimes I was incredibly stressed out and bad at it. Sometimes I wanted to run away.

But I’m glad I didn’t. Because now both that little one foot person and you are now in my life.

I’ve built over 20 businesses and maybe 17 of them have failed and three have done well.

But I’ve also loved writing and creating since I was a little kid. I’ve written every single day for almost the past 25 years.

Because I know a lot of people and write about a lot of people I’ve also started doing a “radio show” (podcast) where I interview people. I’ve interviewed entrepreneurs (Mark Cuban, Arianna Huffington), entertainers (Coolio, Amanda Palmer), many authors, many athletes, and all people who have tried to make their lives better.

I interview them because I want to learn from them and share their stories with my listeners. I try to be a good interviewer but it’s hard. I try to practice.

For every ten people that like you, at least one or two people HATE you and they are the ones who reach out and contact you.

So the better you do, the more you hear from people who hate you. So you have to give yourself permission to do things that a lot of people hate.

And I like helping businesses because often we are solving problems very important to many people.

I chose to do these things because I love them and I also love the impact they have on people. It was very hard for me to figure out all the things I want to do and it often changes.

When you have impact on people, money is a byproduct. You get better and better at how to make that byproduct when you mine for value.

Every six months from now I end up doing different things. I have no idea what I will be doing for a living six months from now. Nobody does.

Nothing in life is predictable. You can say, “I will do X” but then in a year you will end up doing “Y” and that’s fine.

Being unpredictable is more normal than being predictable. Humans were made to be nomads, to be in different environments, to roam the world, and we evolved to adapt quickly to new experiences.

So what new experiences we all adapt to six months from now is unknown. But I hope and think I will still love what I do and still help people and still be creative in everything I do.



QUESTION #5: What advice would you suggest to young people regarding career choices?

ANSWER: Whenever you are curious, ask questions.

If you feel a question is “stupid” then DEFINITELY ask that question. If you are shy about asking a question, then ask TWO questions.

Claudia has a good trick for this. Whenever she is at a conference and it’s question time, she raises her hand fast before she even knows what question she wants to ask.

Then she has to figure out a question to ask.

Otherwise you stay in a tight line with everyone else. You have to step out of the line to see how the entire formation works.

Curiosity will fuel this giant engine we call our brain. It will help you learn things that nobody else knows.

It will help you figure out what you want to do and be and what problems you want to solve faster than all the people who are too afraid to ask questions.

The next thing is: always be healthy. You can’t be creative if you are sick. Every seven years your body is made up of 100% new cells and the old cells die.

Where do the cells come from? Mostly from the food you eat. Eat junk and you are junk. Eat well and you are well.

Also remember this saying: “you are the average of the five people you surround yourself with.” If you surround yourself with good, creative, smart people then you will be a good, creative, smart person.

These are like your “emotional cells.” They change 100% every six months.

Every day remember to be creative, even a little bit. Write, or read, or draw, or write down ten ideas.

This builds your “creative cells.”

Note that my biology skills are off the chain.

Finally, remember that every day is the only day we have to work with. Regrets are already dead in the past. And worries about the future are unpredictable.

So be grateful for the many blessings you have right now. You have a blessed life with an entire world that is your drawing board.

Paint a beautiful picture on it.

You read another great piece of career advice for teenagers here: http://www.jamesaltucher.com/2015/04/teenage-daughter-money/


Neteller here: www..com.ng
TravelWhat Was Your Most Embarrassing Hotel Experience? by ItuExchange(op): 9:08am On Sep 23, 2016
I used to work in the bar of a hotel which mainly catered for wealthy businessmen and women, so it was quite a formal environment.

One night a male and female couple came to the bar, clearly already a bit drunk. They kept drinking and at times would start bickering loudly in the restaurant, which already made things quite a bit awkward.

They got drunker, louder and more aggressive as the night progressed and I was thinking I was going to have to call security. Fortunately they decided to stagger back to their room before it got to that point.

A short while later, the man came back to the hotel bar wearing only his underpants and a sheepish expression. He said they'd locked themselves out of their room, naked. I had to locate the master key and escort the embarrassed man back to his room to let him in.

More embarrassing for him than me!


Source: https://www.quora.com/What-was-your-most-embarrassing-hotel-experience


Neteller here: www..com.ng
Technology MarketHow Much Do Youtubers Make From High Traffic? by ItuExchange(op): 10:31am On Sep 22, 2016
How much do YouTubers make when each of their videos get 50k, 100k, 500k, 1m, and 1.5m views?

And do they have to pay a fee?

Please don't tell me it depends.......

It doesn't matter if you give me a range, as long the numbers are pretty accurate. I'm curious how some of these youtubers can afford to rent a studio office to shoot their videos and operate their company. Thank you.

This is a pretty hot and interesting topic, so I'll try to make an objective and well referenced answer.

First, you need to know that YouTubers get paid by Adsense and not YouTube. YouTube is monetized by Adsense.

Adsense basically generated to Google billions of dollars (most of Google's income), it is possibly Google's most valuable asset. Adsense is one hell phenomenal product of artificial intelligence, cannot be cheated and has a complex way of generating ads and paying the publisher or content producer using a CPM formula.

Google says:

There's no precise answer, because your earnings will depend on a number of factors.

Youtube is CPM based:

Cost per mille (CPM), also called cost ‰ and cost per thousand (CPT) (in Latin mille means thousand) stands for cost per 1,000 Impressions.

CPM networks pays for every 1,000 YouTube ad impressions you get.

Source: Cost per mille

If a CPM is 1$ then it means that they’re paying you $1 for every 1,000 advertisement impressions you generate.

CPM could be 0.1$ or 10$, it all depends on the niche you're using (video games, music videos, educational, comedy, etc...).

YouTube's CPM is reported to be on average 7.6$, that means you get paid 7.6$ for each 1,000 views.

Let's do the math in case and calculate the average scenario of 1$ CPM:

1,000 views 1.0$
10,000 views 10.0$
100,000 views 100.0$
1,000,000 views 1000.0$
10,000,000 views 10,000.0$
100,000,000 views 100,000.0$
1,000,000,000 views 1,000,000.0$

Let's do the math in case you're lucky and you got a 7.0$ CPM:

1,000 views 7.0$
10,000 views 70.0$
100,000 views 700.0$
1,000,000 views 7000.0$
10,000,000 views 70,000.0$
100,000,000 views 700,000.0$
1,000,000,000 views 7,000,000.0$

However, there are important points to consider:

-1- Not all videos will show advertisements. Views does not equal ad impressions. Adsense selectively shows moderate advertisements to each user, sometimes there are no advertisers at all.

-2- A huge number of users have ad-blocking extensions installed, that would disable the advertisement and the impression won't be count (but that's only on web browsers).

-3- Half of YouTube views come from mobile devices( Statistics - YouTube). My guess is that most of them use the YouTube app where you can't block advertisements.

Now, still skeptical? Hold on with me I'll show you different real life examples:

Probably the TOP player on YouTube, Back in 2013 when PSY had reached 1,000,000,000 views he made 7,900,000.0$, his CPM was 7.9$ which is great!

Source: Google: Psy’s ‘Gangnam Style’ Has Earned $8 Million On YouTube Alone

PewDiePie


Disclaimer: Earned extra 1B views when this picture was produced. That makes it 9 billion views.

His net worth is being reported at being $12,000,000. That makes his CPM not bad too.

Source: PewDiePie Net Worth

The list is endless, YouTube graduated a lot of millionaires mostly making junk videos, look for yourself here:

YouTube Stars' Huge Earnings Will Make You Question All Your Life Choices

DisneyCollectorBR which pulls off $23.4 million annually for playing with her children's toys.

How much does Google make?

Not to mention that big winner here is Google, which gives 68% of the income to the publishers (Some people say that in the case of Adsense for YouTube, the percentage is 55%) and keeps 32% for itself. Back to Gangnam Style's example, 7,900,000.0$ was made by PSY and 3,840,000$ was made by Google. And so on...

Do they have to pay a fee?

Hell, no! That's the beauty of YouTube. Google will be able broadcast PBs (1 PB = 1,000TB) of videos a second and no one will pay for anything. (Thanks to the Google Cloud Computing, Hosting Services & APIs). Furthermore, Google drastically and constantly improved YouTube with their elegant HTML5 player, improved video compression and broadcasting and video hosting technologies.

Making money on YouTube is a real thing. YouTube reported that more than one million advertisers are using Google ad platform, YouTube has more than 1 BILLION monthly unique visitors, and over 6 billion hours of video are watched monthly.


Sure if you're starting your channel in 2015-2016, it will be hard because there is a lot of competition and as you know nothing worth having comes easy; so if you really want to become a YouTube celebrity your channel needs to be special and presenting something original and new (no mimicry). With hard work and determination, it will pay out eventually.

Last note: For YouTube celebrities, they might find other ways to make money, like sponsorship of a particular product, selling fan material, signing a contract with a company, etc... There are endless ways of making money when you're famous.


Source: https://www.quora.com/How-much-do-YouTubers-make-when-each-of-their-videos-get-50k-100k-500k-1m-and-1-5m-views

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CareerAn Unexpected Way To Stop People From Quitting by ItuExchange(op): 12:23pm On Sep 21, 2016
At my company, year after year we score high in our employee satisfaction surveys. Yet, despite these results, we still see a sizeable chunk of annual staff turnover.

This has always bothered me. If people love the company, why are they leaving?

In part, it’s simply a sign of the times. Millennials change jobs more frequently: an average of once every 2.5 years during the first decade out of college. That’s double the rate of their Gen X predecessors.

But I wanted to better understand the actual reasons why this happens. So over the past year, we spoke to a range of employees in an effort to find out. In doing so, I realized it wasn’t about compensation (or, at least, just about compensation). Nor was it problems with bosses or coworkers. Many people were leaving because they wanted to try something new. They wanted to be challenged with a different role and different set of responsibilities.

We were losing A players, in other words, because they were bored. Personal development is far more than just a buzzword to Millennials. In fact, 65% of Millennials say that personal development is the most important factor on the job, according to a UNC Kenan-Flagler Business School study. And this doesn’t mean just levelling up an existing skill set. It means being able to explore and internalize different skills entirely: to learn something new.

I can relate. As a career entrepreneur, I know the allure of moving from one venture to another, gaining new knowledge with each pivot. But that same dynamic doesn’t always work within a company, where people are hired for discrete roles and expected to excel within clear boundaries. If one of our developers decides he or she is bored with coding and wants to pursue a love of blogging for a living instead, for example, that person probably needs to find a new place to work.

Or maybe not.

A lesson from Google’s bungee program

The more I thought about this, the more I realized a pretty universal hiring truth. Great employees are great employees. It’s not the particular skill set that sets them apart, as much as their intrinsic attitude, focus and dedication. And all of these things can transfer readily from role to role. So why not give these exceptional employees a chance to try out new positions within the company, rather than risk losing them altogether?

Luckily, I had Google to turn to for some inspiration. For some time, Google has operated a unique “bungee program,” which empowers employees to plunge into an entirely different department for a brief period. After learning about the program from my HR team, I wondered if we could flesh out a more robust version of this—with clear rules and guidelines—in our own company.

The goal was straightforward: to keep good employees in the company. The mechanics proved a bit tricky, though. Which employees would be eligible? What about the hole left when they leave their current roles? How do we ensure that real learning is going on and this isn’t just a waste of everyone’s time?

We ultimately settled on some ground rules for a "stretch program" of our own. First, participants need to be performing at or above expectations already, based on performance reviews—success in one role is a powerful predictor of success elsewhere, after all—and to have been with the company for at least a year. Assignments to other divisions are capped at three months, giving participants up to a full quarter to test the waters.

To avoid disruption, "stretch" employees spend roughly one day a week on their adopted team during this 90-day period and the remaining time in their official role. Their existing manager needs to sign off on the move and be okay with the reduction in job duties. And importantly, participants are required to draft "learning plans" in advance and get approval from both their current and rotational manager.

At the conclusion of the trial, if the new role is truly working for everyone—and if the new manager has a need and the resources to bring on a new staffer—then that employee can make the jump full-time, once his or her old role has been backfilled. If things don’t work out, no harm done—they're free to return full-time to the original role or try on a new assignment.

How we’re beta-testing our new “stretch program”

Here at Hootsuite, this program is still in pilot stage. We kicked it off earlier this summer with roughly a half-dozen participants, but we’re already seeing some positive results.

A leading salesperson originally focused on large, enterprise-level companies has stretched over to an assignment in our product management group. He's now working alongside our VP of operations to come up with ways of standardizing the life cycle for our products. He spends about 10 hours a week in this role and will wrap up his rotation at the end of September.

A social-media marketing specialist with experience using Facebook and Twitter as promotional tools has jumped over to our corporate development team. He’s taking that tactical, hands-on knowledge of social media and is now evaluating how to incorporate newly acquired products into our larger business strategy. He dedicates about 15 hours a week to this rotation, which concludes in September.

Whether these individuals end up transitioning full-time to their new roles or deciding to return to their home teams, the program still represents a win-win in many respects. Employees who participate get a chance to try out a new calling, without ever leaving the company (which is a whole lot easier than hunting down a new job … only to find out it wasn’t what you were looking for). They build a professional network that extends beyond their team and add a new skill to their toolkit. In the best-case scenario, they actually find a brand new career.

The benefits flow the other way, too. Hootsuite gets to retain smart, passionate employees who want to grow and evolve. Corporate silos are broken down and employees gain insight—and empathy—into other areas of the business. If you’ve never worked in sales, for instance, you might emerge with newfound appreciation for the hustlers who keep revenue coming in the door.

And it’s important to note that losing top employees isn’t just a blow to workplace culture and morale. For business, there are major financial implications to continuous employee turnover. For professional roles, it can cost as much as $5,000 to hire a new employee. And this doesn’t factor in productivity losses while the position is waiting to be filled or the time and expense it takes to ramp up a new employee.

Ultimately, the desire to learn and evolve isn’t just a Millennial virtue—it’s pretty universal. Giving employees a chance to truly grow—without having to pull up stakes and leave the company—is a common-sense tactic to attract and keep great talent.

Source: https://www./unexpected-way-stop-people-from-quitting-ryan-holmes?trk=eml-b2_content_ecosystem_digest-hero-22-null&midToken=AQF1ZKDGT9_qmg&fromEmail=fromEmail&ut=25Mb5Gqu1VYTo1


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