It can be challenging to define your dream career, let alone pursue it—the path can be fraught with risks and self-doubt. Just ask Glow Recipe’s co-CEOs, Christine Chang and Sarah Lee. In order to pursue an even bigger dream—launching their own skin-care line based on their Korean heritage and K-beauty trends—the pair left their positions … Read more
Many people find it natural to apologize after certain events, even when it is not necessary to do so. Overapologizing, though, can be counterproductive, particularly at work. It may diminish your reputation, undermine your self-worth, and lessen the significance of any subsequent apologies. According to Patrice Williams Lindo, CEO of Career Nomad, a career-advising company, … Read more
If we do not teach our children new money skills beginning in kindergarten and adolescence, they are likely to make huge financial mistakes as adults. At 67 years old, one of my biggest parenting regrets is that I didn’t teach my kids about money. (It’s ironic, given that my entire career has revolved around personal … Read more
Being wealthy is not determined by the amount in your paycheck. So says Scott Galloway, a serial entrepreneur who reportedly sold his company, L2, Inc., for more than $130 million. “What is the definition of wealthy? The definition of affluent is having passive income that is larger than your burn.” Galloway suggests spending less than … Read more
Billionaire Ray Dalio, 73, stepped down from his role as one of three co-chief investment officers at Bridgewater Associates, one of the world’s largest and most successful hedge funds. He will remain with the company in a mentoring capacity, a role he’s cultivated publicly over the years as the author of several educational books on … Read more
We know two things about millionaires: They know exactly where their money is going and what not to do with it. The most important thing you can do to become a millionaire is to learn from the super-rich, from Microsoft co-founder Bill Gates to Google’s ex-CEO Eric Schmidt to Berkshire Hathaway CEO Warren Buffett. These … Read more
Jack Ma is the founder of the multi-billion-dollar company Alibaba. He is one of the wealthiest people in China but still says he is nothing more than “normal.” Jack suffered many rejections early in his life but has gone on to achieve greatness. He was rejected from 30 different jobs, including KFC, and rejected from … Read more
The legendary artist Dolly Parton has indeed done it all. She has received 50 Grammy Award nominations, three Emmy Award nominations, and one Tony Award nomination and has sold over 100 million albums worldwide. She created theme park Dollywood and starred in multiple Netflix specials, all while building The Dollywood Foundation, where she started the … Read more
In 2012, I decided to quit my six-figure job in investment banking and retire at 34. I had amassed a net worth of about $3 million, generating roughly $80,000 in investment income per year. For seven years, I lived a charmed life in early retirement with my wife, who also retired from her finance job … Read more
In 2018, after graduating from Harvard Law School, I landed my dream job at a top law firm in California. I was 24 years old and making $200,000 a year, including bonuses. From the outside, it looked like I was happy and thriving in my career. But here’s the biggest downside of success that no … Read more