Nokia 8.1’s extensive leak confirms it’s the X7 global version

This is a big one. An unexpected leak just confirmed what we’ve suspected all along – the upcoming Nokia 8.1 powered by the Snapdragon 710 chipset is indeed the codenamed Phoenix smartphone we’ve been hearing about.

Nokia 8.1 front and back Nokia 8.1 front and back
Nokia 8.1 front and back

It’s all in the leaked press materials explicitly saying “Phoenix” more than one time and at first glance, the hardware is identical to the Chinese Nokia X7. The leak comes just in time to clear the confusion before the December 5 event in Dubai. We can now say with almost complete certainty that the Nokia 8.1 would be one of the three phones introduced there.


Romania has the money but not enough workers for its construction projects – Bloomberg

romania_has_the_money_but_not_enough_workers_for_its_construction_projects_bloomberg_70709.jpg Image Source:

According to a Bloomberg analysis, Romania is now one of the hottest building markets in Europe as it has the money for its construction projects but not enough people to complete them due to labor shortage. In northern Bucharest, a crew led by Vasile Kocori scrambles to lash hundreds of steel reinforcement bars for the next section of yet another high rise that will grace the skyline of Bucharest. They work at Skanska Property Romania’s EUR 37 million Equilibrium project comprising two 11-story office towers.

According to the author, one of Kocori’s main challenges was to find the workers who could actually do it in the first place. Kocori ended up culling the most skilled from other projects and then directing the less experienced ones to other building sites across the Romanian capital. “Half the guys I have can do the job, while the other half need more training,” Kocori explains.

Another major project is located in mid-town Bucharest, where Israeli group Hagag Development Europe is transforming a former oil company headquarters into a modern seven-floor office building with an EUR 8 million rehabilitation – with 35 workers onsite.

Project manager Mr Alexandru Draghici said that the crew, all Romanians, may change as a decline in skill levels is exacerbated by an unwillingness to do “dirty and unappealing” labor. He said that “There still are enough workers, but I don’t know for how much longer. Construction is getting bigger and bigger and the workers are going away from the country.”


‘Alcohol Ads on Social Media Can Increase the Desire to Drink’

Alcohol advertisements on social media sites such as Facebook can increase young adults’ desire to drink if the ads contain pro-drinking comments from users, according to a research.

The study showed that social media users who view alcohol ads are also more likely to “Like” or “Share” an ad when it has pro-drinking comments.

These pro-drinking comments coupled with high user engagement increased the desire to drink by 3.5 times, especially in those with alcohol problems.

“Heavy alcohol users and those who are alcohol dependent may be the most susceptible to the potential effects of pro-drinking comments,” said the researchers led by Jonathan Noel, from the University of Connecticut.

The ads, coupled with positive comments about drinking, may serve as alcohol cues “and an increased desire to drink after exposure to alcohol cues may predict relapse after treatment for alcoholism”.

With hundreds of corporate-sponsored alcohol ads on social media sites (with millions of Likes and Shares), plus millions of views of alcohol ads on YouTube, alcohol companies have expanded platforms to reach young consumers.

The Study

The study suggests that the industry needs to improve the voluntary self-regulatory system that governs its advertising, possibly by limiting or banning comments on social media advertising.

The study, appearing in the Journal of Studies on Alcohol and Drugs, involved 120 young adults, aged 21 to 24 years, living in the US who viewed four beer advertisements posted on Facebook.

The lowest desire to drink was found after participants were exposed to ads with anti-drinking comments plus a high “user engagement” (i.e., Likes/Shares/Comments).

Further, compared with the ads with anti-drinking comments, ads with pro-drinking comments left participants more than twice as likely to say they would Like or Share the ad.

“There is more information on social media than just a post or a message. We are exposed to how other users respond to a post, and it is those responses that can influence your desire to drink,” Noel said.


Social media is affecting the way we view our bodies — and not in a good way

Image result for Social media is affecting the way we view our bodies -- and not in a good way .

Young women who actively engage with social media images of friends who they think are more attractive than themselves report feeling worse about their own appearance afterward, a York University study shows.

It’s no secret that social media can blur the lines on what’s real and what’s fantasy, but new research at York’s Faculty of Health now shows how young women interact with images online can affect how they feel about their own bodies.

The research entitled “The effects of active social media engagement with peers on body image in young women” appears in the journal Body Image. The study was conducted by Jennifer Mills, associate professor in the Department of Psychology and Jacqueline Hogue, a PhD student in the department’s Clinical Program. It focused on young women, aged 18 to 27 years old, who liked or commented on photos of people they deemed to be more attractive than themselves.

“The results showed that these young adult women felt more dissatisfied with their bodies,” says Mills. “They felt worse about their own appearance after looking at social media pages of someone that they perceived to be more attractive than them. Even if they felt bad about themselves before they came into the study, on average, they still felt worse after completing the task.”

The research included 118 female undergraduate students from diverse ethnic backgrounds. Participants reported their age, ethnicity, whether English was their first language, and years of post-secondary education in an online questionnaire six weeks before the experiment. Each participant was given a consent form and questionnaire where they had to indicate using a specific scale how satisfied or dissatisfied they were with their appearance or body image.

Participants were then randomly assigned into one of two experimental conditions. One group of participants were asked to log into Facebook and Instagram for a period of five or more minutes and find one peer that was the same age who they felt was more attractive than themselves. After looking at the photos, each participant was asked to leave a comment of their choice. In the control group, participants were asked to do the same task except this time comment on a post of a family member whom they did not think was more attractive than themselves. The data showed that participants’ views of their own appearance were not affected when interacting with their family members.

“I think in a lot of cases, young women who post to social media are hoping to get positive reinforcement for what they’re posting and the way in which women use social media is more appearance-based than it is for men.”

Mills said particularly in this age group, 18 to mid-20’s, appearance is very important, and women care a great deal about how they are perceived by other people. They are also most likely to use social media.

“When we compare ourselves to other people, that has the potential to affect the valuation of ourselves,” says Mills. We really need to educate young people on how social media use could be making them feel about themselves and how this could even be linked to stringent dieting, eating disorders or excessive exercise. There are people who may be triggered by social media and who are especially vulnerable.”

York University champions new ways of thinking that drive teaching and research excellence. Our students receive the education they need to create big ideas that make an impact on the world. Meaningful and sometimes unexpected careers result from cross-disciplinary programming, innovative course design and diverse experiential learning opportunities. York students and graduates push limits, achieve goals and find solutions to the world’s most pressing social challenges, empowered by a strong community that opens minds. York U is an internationally recognized research university – our 11 faculties and 25 research centres have partnerships with 200+ leading universities worldwide. Located in Toronto, York is the third largest university in Canada, with a strong community of 53,000 students, 7,000 faculty and administrative staff, and more than 300,000 alumni.

York U’s fully bilingual Glendon Campus is home to Southern Ontario’s Centre of Excellence for French Language and Bilingual Postsecondary Education..


Is LinkedIn Poised To Be The Next Big Social Network … For Brands?

LinkedIn has always been overshadowed by its rowdy younger siblings. Born way back in 2002 — before Instagram and Snapchat, even before Facebook and Twitter — the button-downed business platform has never attracted the drama or hype of other social networks. There’s no movie about its founder. It’s not in the crosshairs of Congressional investigations. And its “influencers” are more likely to be boring business leaders (myself included) than Kylie Jenner wannabes.

But quietly, in predictably business-like fashion, LinkedIn has emerged as a social force to be reckoned with. It now counts more than 500 million members. More than 100 million of those are monthly active users, meaning people who check in frequently to post and engage with followers, rather than just update their resume once or twice a year. Perhaps more to the point, these users are — by definition — business professionals. They’re generally upwardly mobile and turn to the network for serious engagement, not to share memes or launch into toxic rants.

As companies seek new ways to engage customers, employees and stakeholders, while also wrestling with the fallout from scandals on Facebook and Twitter, a surprising number are turning to LinkedIn. All of which raises the question: could LinkedIn be the next big thing for brands?

No-nonsense professionalism that’s strangely addictive

Yes, social media can (and should) be fun. But we’ve seen the consequence of too much of a good thing. The glut of memes and clickbait clogging feeds has forced Facebook and Twitter to radically recalibrate their algorithms in an effort to surface more relevant, useful content. Both networks have battled the proliferation of bots and contended with bad actors intent on either scraping data or manipulating users with fake content. Unless you’ve been asleep for the past two years, you know the consequences all too well.

LinkedIn has been mercifully spared most all of this controversy and confusion. It was never a place for viral videos or buzzworthy headlines. Posts have always skewed toward the courteous, the actionable and the insightful — something social media fans are increasingly hungry for today. Meanwhile, hardcore LinkedIn users know that there’s a certain warm professionalism that underlies many exchanges on the platform. In short, LinkedIn offers a kind of stability, civility and real value that’s sorely needed on some social platforms.


An employer brand no-brainer

Right now, the U.S. is experiencing the tightest labor market in recent memory. In this context, employer brand — a company’s reputation as a place to work, above and beyond whatever its brand reputation may be — has become a significant differentiator. Companies able to send the message that they’re a genuinely progressive, engaged and even fun place to work often have a real leg up over rivals. And LinkedIn — which is filled with nothing but professionals looking (or soon to be looking) for jobs —is the optimal place to convey that message.

I’ve seen this firsthand in the tech space, where the competition for recruits is notoriously tight. Not only does Hootsuite cultivate a presence through its LinkedIn Company page (which has grown to more than 200,000 followers), but for years I’ve also shared updates and blog posts as CEO from my own profile. By relaying stories about building culture, employee perks and leadership, we’ve been able to project Hootsuite’s employer brand and give a uniquely human face to the company.

The impact has been real and sustained. Posts receive dozens of likes and comments — thoughtful, insightful responses from professionals in tech and social media. And the trickle down effects can be dramatic. A recent LinkedIn blog post on how much we value our sales team and how hard it is to find great tech salespeople led to more than 1,000 visits to our career page and 100-plus applications.

Not just for B2B marketers any more  

For companies operating in the business-to-business space, the benefits of being active on LinkedIn are pretty obvious. An estimated 40 million business decision makers (i.e. the people who seal the deals and sign the contracts) spend their time on LinkedIn. It’s widely regarded as the number one social network for lead generation and, according to some sources, boasts a three times better conversion rate than Facebook or Twitter.

What’s easily overlooked, however, is that LinkedIn can also be an effective way to for brands to reach a general consumer audience. After all, the half-a-billion business professionals on the network are also consumers themselves. And they generally have disposable income to spare. More than half have a college degree and 44% make more than $75,000 per year. Plus, as other networks grow increasingly crowded with ads and clickbait, LinkedIn is proving attractive as not simply the “professional network” but the social network of choice for many users.

Importantly, it’s not just “boring business updates” that find an audience. In my experience, LinkedIn content that hits the sweet spot of personal-meets-professional garners the most engagement. (Think, pics of your latest team-building outing, not pdfs of your latest whitepaper.) Videos and photos — gold on other social platforms — perform equally well on LinkedIn. Adding topical hashtags and directly mentioning other users improves organic engagement. Meanwhile, having your own employees follow your company’s page, and interact with updates, can dramatically extend the reach of your LinkedIn posts.

Quietly committed to innovation (and integrations)

Perhaps the most exciting element of LinkedIn is its quiet, but absolutely relentless, pace of innovation. A few years ago, the network was just a place to post your resume. In 2015, they added blogging and now publish 100,000 articles a week. Last year, they unveiled native video, become a video publishing platform. This fall, they beefed up their Groups functionality, anticipating an industry-wide shift by social users to more intimate, member-only spaces. Plus, a host of new integrations with LinkedIn’s Company Pages — including one that enables users to post videos and respond to comments directly from Hootsuite — has made the platform more attractive than ever for brands. Other networks may steal the headlines, but LinkedIn has aggressively remade itself behind the scenes.

Then, there are the premium data analysis and targeting capabilities that many users never see. The detailed info provided by LinkedIn members means it’s possible to gain insight into exactly who’s viewing your profile and content — right down to current company and job title. While LinkedIn’s ad platform isn’t as widely used as Facebook’s, this same detailed demographic info allows for precision targeting. Not to mention, Microsoft’s recent acquisition means that LinkedIn data and profiles are now being integrated into the full range of Microsoft products, everything from consumer apps like Outlook and Word to enterprise CRM software like Dynamics 365.


Here’s how the two winners of $687.8 million Powerball jackpot can invest their windfall

For the two winners who have come forward to split the $687.8 million Powerball jackpot, investing is about to take on a whole new meaning.

Robert Bailey, a 67-year-old retired postal worker in New York, claimed his lump-sum share — about $125.4 million after tax withholdings — on Wednesday. The other winner, Lerynne West, a 51-year-old mother of three in Redfield, Iowa, came forward more than a week ago to claim her haul of $140.6 million (also after tax withholdings). The amounts are not the same due to different state and/or local tax withholding rates.

Both of the winners will see doors open to an investment world that most Americans will never get a direct peek at.

A customer holds a handful of Powerball tickets.

Justin Sullivan | Getty Images
A customer holds a handful of Powerball tickets.

“At that level, you have access to the types of investments that university endowments and pension funds can use,” said Matt Chancey, a certified financial planner based in Orlando. “It doesn’t mean the investments are more risky, per se, you just have to qualify.”

For both Bailey and West, that shouldn’t be a problem.

To get access to more exclusive investments opportunities, wealthier people can be deemed “accredited” by federal regulators — meaning they meet the test of having at least $1 million in investable assets (excluding the value of their home) or average yearly earnings of $200,000 ($300,000 for married couples).

Top 10 lottery jackpots

Date won
Winner locations
1 $1.586 billion Jan. 13, 2016 Powerball CA-FL-TN
2 $1.54 billion Oct. 23, 2018 Mega Millions SC
3 $758.7 million Aug. 23, 2017 Powerball MA
4 $687.8 million Oct. 27, 2018 Powerball IA-NY
5 $656 million Mar. 30, 2012 Mega Millions KS-IL-MD
6 $648 million Dec. 17, 2013 Mega Millions CA-GA
7 $590.5 million 18-May-13 Powerball FL
8 $587.5 million Nov. 28, 2012 Powerball AZ-MO
9 $564.1 million Feb. 11, 2015 Powerball NC-PR-TX
10 $559.7 million Jan. 6, 2018 Powerball NH

Investment opportunities that will become available to the winners run the gamut. For instance, they could gain access to private equity funds that invest in companies whose shares don’t trade on stock exchanges. Or, they could get the chance to invest in commercial real estate, energy projects like oil exploration, or venture capital funds that invest in things like tech startups.

In other words, once you have real wealth, you’re considered to be a more sophisticated investor than the average person, Chancey said.

“But getting a windfall of that amount doesn’t necessarily mean you’re actually a sophisticated investor,” he said.

This is why enlisting the help of professionals is worthwhile for people who come into sudden wealth. Both Powerball winners could even look into hiring a dedicated team of professionals — a financial advisor, an attorney and an accountant — to exclusively handle their riches.

This is what you do if you win the lottery

This is what you do if you win the lottery   1:48 PM ET Thu, 18 Oct 2018 | 01:18

“You’re in a completely different position with that kind of money,” Chancey said. “You can build your own financial services team that is dedicated all day to your financial affairs.”

For both Bailey and West, minimizing taxes likely will factor prominently in their financial decisions. While both winners had taxes withheld from their share, it doesn’t mean the amount accurately reflects what will be due at tax time.

The federal withholding rate on lottery wins is 24 percent, although both winners will face the top rate of 37 percent — plus state taxes of 8.82 percent in New York and 8.98 percent in Iowa (8.53 percent as of 2019). Bailey also faces local taxation of 3.88 percent due to residing in New York City.

Depending on a variety of factors — including how the winners choose to spend, invest or give away through charitable causes — the final tax bill could me more or less.

More from Personal Finance:
Here’s how much workers in other countries need to retire
Most Americans aren’t saving nearly enough for retirement
The top three things you’re not doing that are keeping you from becoming rich

One of the ways to reduce the amount forked over in taxes is to set up a charitable foundation. Basically, the government gives you a tax break if you use private money to do public good.

West, the Iowa winner, already announced plans to start a foundation and to donate $500,000 to a group that serves wounded veterans. Bailey said he would “give back to Manhattan” without providing details.

Meanwhile, the holder of the $1.5 billion Mega Millions jackpot has yet to come forward. The winning ticket — which hit all numbers in the Oct. 23 drawing — was purchased in Simpsonville, South Carolina. Lottery winners in that state have180 days (about six months) from the drawing to claim their prize, so the winner (or winners) has until April 21 to come forward.


Digital is where the money is: YouTube doubles ad rates for India; Facebook, Twitter may follow suit

Alphabet’s YouTube is going to double the rate of its high-impact fixed homepage advertisement to Rs 1.4 crore from Rs 70 lakh a day at present, The Economic Times reported.

The move comes as the social media platform’s monthly active users (MAUs) reported a significant jump. “YouTube is now reaching 120 million users a day with over 1 billion impressions. Few media vehicles can deliver such reach in a day,” Amardeep Singh, CEO at Interactive Avenues, the digital agency owned by IPG Mediabrands told the paper.

As per the industry consensus, YouTube reaches 250 million MAUs, Facebook has 220 million, Instagram touches around 68 million, while Twitter’s MAUs have gone up to 30.4 million.

Facebook and Twitter have also been hiking advertising rates, the report said.

“If you take FB, the news feed ads now costs over 100 percent compared over last year,” Vivek Bhargava, Chief Executive Officer at DAN Performance Group told the paper, adding that these platforms have de-cluttered the news feed and timelines so it made sense for them to push up rates.

Facebook, however, has denied any rise in advertising cost on the platform and stated that the social network’s pricing is ‘transparent’ to every ad buyer.

“Our ad demand continues to go up because we are getting more and more advertisers on board as we expand the business. At the same time inventory is also going up as we see more and more users on the platform,” a Facebook spokesperson told the paper.

Experts told the paper that the trend of digital platforms such as Facebook, Twitter, and Instagram, raising rates between 20-30 percent annually will continue in 2019, too, as time spent by users and engagement levels increase.

Read: Digital advertising to cross Rs 255 billion mark in 2020

In 2018, around 28 percent of the total digital advertising expenditure in India was on social media, according to another Dentsu Aegis report on digital advertising in India.

Source: Statista.

As of now, a basic digital media campaign reaching 1 billion impressions –the total number of views — costs around Rs 3 crore according to a rough industry estimate.

The advertising industry is currently estimated to be Rs 55,960 crore and expected to grow at a compound annual growth rate (CAGR) of 32 percent to reach Rs 18,986 crore by 2020, according to the Dentsu Aegis Network-e4m Digital Report.

The digital advertising industry across the country has been growing rapidly. It had a market size of around Rs 11,630 crore in FY18, up from about Rs 4700 crores in FY15, according to a KPMG report.

Source: Statista.

Industry leaders told the paper that the players are bound to jack up prices since digital is becoming an important part of the media, given the rate of digital penetration and adoption.

According to the Dentsu Aegis report, digital is expected to be the fastest growing medium of the advertising industry and may account for 24 percent of the overall industry pie by 2020.

“Digital media spends currently contribute to 15 percent of the total advertising industry and are expected to reach 24 percent of the entire market by 2020,” the report said.


How to get your home up and ready for the festive season

Close to the festive season, weekends are as precious as gold. With limited time at hand, the task of giving your space a much-needed facelift tops the priority list. Though it sounds daunting, the process can be a smooth ride if planned properly. So sit back and let this be your guide to a festive-ready home.


living room

As guests would spend most of their time in the living room, you need to make sure that space is nothing less than impressive. An entertainment unit with multi-storage options makes a great buy. Look for smart entertainment units in great shades and finishes. At Royaloak Furniture, you could pick from a glossy or matte finish, depending on the colour scheme of your living room. Add a bit a glamour to the space by bringing in a smart wine cabinet.
Buy Royaloak sofas here.

living room

Seating a number of people can get awkward sometimes. If you are fortunate enough to have a huge living room, it makes sense to invest in a Royaloak Ludo Sofa Cum Bed. This comfortable and fashionable sofa cum bed comes with exceptional contemporary design that blends perfect with the decor of your space. Or simply look for stylish and comfortable recliners as a smarter alternative in a more compact room. Royaloak Falcon Single Seater Manual Recliner in Air Leather that lends an elegant look to your living room is definitely worth a look.



Consider introducing a dining table into your living room. Something like the Royaloak Crystal 6 Seater Dining Set with Bench would work just fine. Looking to ring the changes? Substitute the dining chairs with long benches – they are extremely light to move and can accomodate more people compared to single chairs.
Buy Royaloak dining tables here. 



And, lastly, the bedroom. A lot people, especially the elderly, prefer to have some alone time after meals. Make sure your guest bedroom is ready to cater to their requirements. Invest in beds that are spacious and comfortable, something like the stylish, strong and durable Royaloak Daffodil King Size Bed With Hydraulic Storage and Reflective High Gloss Finish.

It is always a great idea to have bookshelves with some great books for people who would love to read their afternoons away. Smart dressing tables, full-sized mirrors and other accessories will make their stay in the bedroom a memorable experience.
Buy Royaloak beds here.



You’ll find guests scrutinising your kitchen as they walk in and out of it in search of food and wine. Make sure it has cabinets dedicated to cater to the various needs of your guests. It is important that these cabinets are installed at a decent height which makes access to crockery, glasses, food and other utilities extremely easy. Avoid cluttering your kitchen with furniture, gadgets, and accessories, as moving around might get extremely difficult.
Buy Royaloak crockery units here.



The festive season means entertaining a lot of guests, and often over a long period of time, so organising the entrance of your home is crucial. Invest in a well-sized shoe rack, like this one from Royaloak Furniture. You wouldn’t like a heap of shoes at the door when you welcome your guests, would you? You could even add a few smart furniture pieces like the Royaloak Ebony Chair 2S for a classic minimalistic look to your outdoor space.
Buy Royaloak shoeracks here.


Seven Titans Share The No. 1 Business Lesson They Teach Their Kids


Children of successful parents are bound to learn invaluable lessons about life and business. We asked these titans and Advisors from The Oracles what they would teach their kids if they could only give them one piece of business advice. Here’s what they said.

From L to R: Grant Cardone, Jessica Mead, Billy Gene Shaw III, Jeanine Blackwell, Abdul Samad Farooqi, Joshua Harris, Los SilvaThe Oracles

1. Go 10X.

I plan to teach my kids the most important lesson in business: the 10X Rule. In the seven years since I published The 10X Rule: The Only Difference Between Success and Failure, it’s turned into a movement, culminating in the 10X Growth Conference, now one of the largest business conferences in the nation.

The 10X Rule says that you should set targets that are 10X greater than what you believe you can achieve. You should then take actions that are 10X greater than you believe are necessary to achieve those targets. This was the most important thing I ever did for my business — and it is the most important thing you can do for yours. Grant Cardone, sales expert who has built a $750-million real estate empire, and NYT-bestselling author; follow Grant on Facebook, Instagram or YouTube

2. Invest in relationships.

The No. 1 lesson I teach my children is vital in business and life: Focus on relationships. Take time and have the patience to develop the right relationships, and that investment will help you tenfold in life.

I work with my kids on listening, engaging and retaining the knowledge they gain in all their relationships. I encourage them to ask questions to identify how they can help or add value to others.  This helps them become better communicators and human beings so they can grow into thriving adults. Jessica Mead, co-founder of EpekData and BrandLync, divisions of Mead Holdings Group, Inc. Follow Jessica on Instagram


3. Don’t live to build a business. Build a business to live.

Like most dads, I ultimately want my daughter to be happy. I believe a big part of happiness comes from being financially and personally self-reliant. I will teach her about entrepreneurship as her vehicle to independence, and that no person or collegiate institution will dictate her self-worth.

However, she will not live to build a business. She will build a business so she can live — on her terms. Business may make you successful, but it will never make you feel fulfilled. True fulfillment only co­­­­­­mes when you’re more concerned with your impact than your income. Billy Gene Shaw III, founder and CEO of Billy Gene Is Marketing, one of the world’s top online marketing influencers, educators and practitioners; follow on Instagram and Facebook

4. Forget your weaknesses; focus on your strengths.

It’s easy to focus on what we aren’t good at. We learned this when we brought home a report card with all A’s and a C in algebra — which prompted our parents to coach us to become a math whiz. We learned it again in a performance review when our manager wrote an improvement plan focused on our weaknesses. But with this approach, you spend your energy on something at which you will likely only become average at best.

I want my daughters to know that you are rewarded in life, relationships and business for the value you bring. Your greatest contribution always comes from focusing on your strengths. When you do that, you get to do meaningful work in your zone of genius, build rockstar teams, and grow a business with a sustainable advantage. To be successful, go all in on your strengths and work around your weaknesses. Jeanine Blackwell, bestselling author, creator of The Expert Experience Method; trained over 40,000 experts (including Fortune 500 companies) to package their expertise into products; connect with Jeanine on Facebook

5. Think of problems as gold you can mine.

Look at problems as opportunities. The problem solver gets all the rewards, financial or otherwise. The bigger the problem, the bigger the opportunity. With each one comes potential waiting to be realized. This is one of the reasons I’m bullish on emerging economies.

Once you have that perspective, business becomes more exciting. You get a flood of energy from problem-solving, helping people and changing the world. That’s exactly the culture we strive for in our business coaching academy and marketing agency. —Abdul Samad Farooqi, founder & CEO of Lions Marketing  and The Millionaire Middleman Agency Coaching Program


Adobe CEO Shantanu Narayen in Fortune Business Person of the Year list

PTI @moneycontrolcom

Indian-American Shantanu Narayen, the CEO of Adobe, has been named by Fortune in its 2018 Business Person of the Year list, which ranks 20 business executives “delivering on the bottom line and beyond”.

Narayen, 56, ranks 12th on the list, which has been topped by CEO of insurance company Progressive Tricia Griffith and includes CEO of graphics chipmaker Nvidia, Jensen Huang, French conglomerate Kering CEO François-Henri Pinault, Amazon CEO Jeff Bezos and PayPal CEO Dan Schulman.

On Narayen, Fortune said “the maker of creativity tools like Photoshop doesn’t quite grab headlines like some of its Silicon Valley neighbours. But Adobe is playing the long game—and so is Shantanu Narayen.”

In November, Narayen celebrated his 11th anniversary at the helm, a tenure that is increasing rare in corporate America, Fortune said.

“Narayen’s move to turn boxed software into cloud services gave the San Jose company a subscription business that keeps on giving. And his recent rash of marketing-tech acquisitions…signals he is not afraid to compete with Salesforce and Oracle. A quiet giant? Not anymore.”

In choosing Fortune’s Business person of the Year, the publication weighs 10 financial metrics including 12-month and 36-month increases in profits and revenue, stock performance and total shareholder returns.