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Imagine if we could transmit our thoughts to a computer or to another person just by thinking them. In just eight years it will be, says Openwater founder Mary Lou Jepsen. Jepsen is a former engineering executive at Facebook, Oculus, Google[x], professor at MIT and inventor of 100 patents. "I figured out how to put basically the functionality of an M.R.I. machine — a multimillion-dollar M.R.I. machine — into a wearable in the form of a ski hat," Jepson tells CNBC, though she does not yet have a prototype completed. Current M.R.I. technology can already see your thoughts, and Jepsen’s idea is to “shrink that down” into a “thinking cap” where It would be able to both read and to output your own tho...

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According to a new survey of 20,000 people conducted by Comparably, the top skill managers need to improve on is “Communication.” The data was collected from both small, medium, and large-sized companies. “Accountability” came in second. The survey also showed communication becomes increasingly important the older you get: 59% of respondents between the ages of 56-60 chose "communication" as their top priority. Best-selling management author, Suzy Welch, also advises that it is important for managers to be candid with their employees: "I'm talking about taking the B.S. and the jargon out of your language." Say exactly and specifically what you mean, says Welch. "Think about the last performance review that you gav...

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1. Schedule nothing-- LinkedIn CEO Jeff Weiner says if you look at his calendar, you will see periodic slots of nothing. "Part of the key to time management is carving out time to think, as opposed to constantly reacting," Weiner tells The Wall Street Journal2. Just say no-- The late Apple founder Steve Jobs was a longtime proponent of saying no in order to streamline his work, “You have to pick carefully," Jobs said to developers at the time. "Innovation is saying 'no' to 1,000 things."3. Stick to a routine-- Barack Obama now has a little more time on his hands, but as once the leader of the free world relied on an established routine to get things done. Obama began each day with an early workout and always ate and wore the same t...

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Now that the Holiday weekend is over, can you guess how much Americans spent in total from Friday until Tuesday? That number is a little more than $7 billion on cookouts and other celebrations of the Holiday weekend. But that's not all. Here is a breakdown of the top July 4 expenses across the country, according to personal finance website WalletHub.1.Merchandise: Flags are a top seller this holiday with more than $5 million worth of U.S. flags imported into the country, mostly from China.2.Travel: An estimated 44.2 million Americans will travel 50 miles or more from home during the holiday weekend, according to the AAA.3. Food: Barbeques are all over the neighborhood. Americans spend about $388 million on hamburger patties, $389 million...

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With the recent rise in artificial intelligence, there has been a common widespread fear of robots taking our jobs. However, thanks to these new technologies, Mya Systems is here to actually help give you a job. Mya has all the capabilities of a recruiter and conducts applicant screenings and first round interviews. Mya is able to ask field questions, process answers, and filter quality applicants, all while mirroring human language and characteristics. This technology saves recruiters time from sifting through resumes and phone screenings and moves the most promising applicants to the top of the list. Mya also provides a seamless experience for the applicants, and she’ll even provide them with directions to the location and pointe...

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Before DeJoria was a serial entrepreneur, he struggled through homelessness and worked tirelessly to help his family make ends meet. Back then, he ordered 99-cent happy hour margarita just for the complimentary chips and salsa which would be his dinner. Nowadays DeJoria is now worth about $3 billion, as a co-founder of Patrón and Paul Mitchell Systems, according to Forbes. His advice to others looking to achieve success is: "Be prepared for a lot of rejection, because you are going to get it. If you are prepared for it, it's not going to hurt you as much." He also explains that it takes persistence. “Be just as enthusiastic on door 101 if 100 have been closed in your face. Eventually you're going to do it." Long before Dejor...

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Impact investments aim to produce a social or environmental benefit, as well as a profit. It’s where “pension funds, unions, non-profit foundations and individuals place a portion of their investment dollars into funds that promise to make a quantifiable social impact, as well as a financial return.” There is now at least $114 billion worth of impact investing assets under management, comparing to $50 billion in 2010. Foundations such as Kelloggs, and big banks like Goldman Sachs and JP Morgan have created funds and devoted a portion of their portfolios into impact investing. As Millennials get older and wealthier, there will be an even greater push for impact investing; "millennials are by far the most active in evalua...

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Billionaire Eric Schmidt is the executive chairman of Alphabet. When Schmidt was CEO at Google from 2001-2011, Google was rapidly expanding its workforce and Schmidt expected every hire to be top notch. In his experience, he believes there are two specific qualities that best predict success. “The Combination of persistence and curiosity is very good predictor of employee success in a knowledge economy.” As explained by Schmidt, persistence is one of the most important forces in success and happiness because without persisting through rejection, Harry Potter, Disney, and the Beatles would not exist. The second attribute curiously, is what sparked Google’s famous "20 percent rule." It allowed employees to spend one out o...

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Brian Wong, who at age 19 launched a mobile advertising company, Kiip, which works with mega companies including McDonald’s and Coca Cola which is on track to do $20 Million this year. He believes you shouldn’t spend any time or effort trying to improve what you’re bad it. Wong Believes it’s a waste of time and that you should instead focus all that energy into maximizing what you are already good at. "It does seem initially contradictory to try not to fix your weaknesses or improve on them — or at least make yourself more well rounded," Wong tells CNBC. "But I truly believe that when we grow up, at some point in our adulthood, there is a point where there's only so much better you can improve your weaknesse...

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Elon Musk has an average CEO approval rating of 98% compared the Glassdoor’s average at 67%. Here are Musk's three top tips for new leaders:


1. Hire people who are smarter than you-- "We challenge our people leaders to hire people that are better than themselves, therefore making the company better with each hire."


2. Do not go with the flow-- "Other advice I would give is to not blindly follow trends. Question and challenge the status quo," says Musk.


3. Focus on your foundation first-- "Make sure you understand the fundamental principles of what you're trying to do before you get into the details," he says.

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