Monthly Archives: January 2021

Why You Need To Stop Seeking Validation And Start Thriving | Life Hack

Validation is the desire to have someone else’s approval or agreement with what you say, believe, or do. Humans are naturally social creatures. We thrive in a community and, therefore, have a strong desire to belong in that community and seek validation from it.

You may think that this is perfectly normal, and it is. However, where things get a bit blurry is when we start to base all of our decisions, as well as the course of our life, on a collective agreement from others.

A simple example would be making a decision and asking your family or friends the usual question: “do you think that’s a good idea?”

We already know the idea is good, but we still seek validation and agreement from our social circle. Although we do value others’ opinions and how they shape our perspective, we are much more motivated by external validation than our own intuition.

The deeper question here is “why?”

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Harriet Tubman to replace Andrew Jackson on the $20 bill | Fast Company

Nearly five years after an initiative to put abolitionist Harriet Tubman on the face of the $20 bill was introduced, White House press secretary Jen Psaki informed reporters in a briefing Monday that the Biden administration is “exploring ways to speed up the process” that was stopped during President Trump’s tenure.

Replacing Andrew Jackson on the bill caused an explosion of tweets when it was announced in April 2016. The proposed redesign was made public in 2019 and was supposed to have been put into circulation last year on the 100th anniversary of the 19th Amendment, which gave women the right to vote. However, Trump’s Treasury secretary, Steven Mnuchin, halted the process because he believed that adding security features on the money was more important than changing the face on the bill, adding that the redesign wouldn’t be in circulation until 2028.

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GameStop’s Massive Surge Creates A New Billionaire As Wall Street Bets Against Reddit Traders | Forbes

Fueled by a massive short squeeze pinning Reddit traders against a storied Wall Street short-seller, a mindblowing rally in GameStop shares has minted a new billionaire in Ryan Cohen, an activist investor eager to forge a turnaround for the brick-and-mortar gameseller.

According to filings, Cohen—the founder and former CEO of Chewy, the booming e-commerce firm focused on pet supplies–spent about $76 million buying up more than 9 million GameStop shares at the tail-end of last year as he mounted an effort to restructure the Grapevine, Texas-based firm.

“Unfortunately, it is evident that GameStop currently lacks the mindset, resources and plan needed to become a dominant sector player,” Cohen said in a public letter to GameStop’s board of directors in November, blasting the stock’s dismal performance at the time—it was down 85% over the prior five years. “GameStop needs to evolve into a technology company that delights gamers and delivers exceptional digital experiences–not remain a video game retailer that overprioritizes its brick-and-mortar footprint and stumbles around the online ecosystem.”

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Don’t Make These 6 Mistakes When Starting a Business |

There are so many different articles on how to be successful when starting a business. Most of them, in my experience, are either too long or they are outdated. I am a millennial female entrepreneur—I don’t have the patience for lengthy documents and I think that most of what worked for a company that started 20 years ago is antiquated (sorry, but it’s true).

The biggest mistakes I made in starting my own company were not any of the things I could have read in one of those articles. In fact, they were random, big mistakes that have cost me a lot of time and money to correct.

So here it is, for all you nuevo go-getters out there, a short and not-so-sweet list of my six biggest mistakes when starting a business. Please don’t make them.

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Minimum Wages Increase in 25 States in 2021 | Small Business Trends

According to a study by Wolters Kluwer Legal & Regulatory 25 states will raise their minimum wage in 2021, with 21 of those states enacting the increases on New Year’s day.

By the beginning of the New Year, New York and Oregon, which both have regional minimum wage rates, will see the highest wages reaching $15.00 in New York City and $14.00 in the Portland Metro Area effective July 1, 2021.

At the end of the spectrum, the lowest minimum wage rates of $5.15 are in Georgia and Wyoming. However, most employers and employees are subject to the higher federal minimum wage rate of $7.25 per hour.

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Is 65 Still a Good Retirement Age? | The Simple Dollar

For almost a century, 65 has been seen as the age at which people retire in America. This is largely due to the original Social Security Act of 1935, which set the minimum age for full retirement benefits at 65, and since then, 65 has seemed like the magic number for retirement.

Does that age still make sense, though? In 1935, the average life expectancy for an American male was 59.9 years; women, 63.9 years. Today, the average American’s life expectancy is 78.7 years. Yes, today, the average American lives 15 to 20 years longer than when the retirement age was originally set in 1935.

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How LA has become the model for keeping art alive during the pandemic | The Startup Magazine

In the wake of the Covid-19 pandemic, we’ve had to adjust to a huge range of changes to our day-to-day lives, which has had an impact far beyond necessities like buying groceries or socialising. The culture industry has taken a particularly significant hit, with major theater chains and concert venues shuttering permanently in the virus’s wake as they struggle to afford both rent and wages for staff.

The same has been true for the art world, with one recent survey showing that around three quarters of galleries “face severe financial hardship or even closure within the next year”, though only 35% of those have the finances to stay open until this time next year. Even when they have been open, footfall has been down, and those with the means have resorted to taking their collections online to offer the gallery experience to art lovers across the globe.

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Coronavirus: How the pandemic has changed the world economy | BBC News

The coronavirus pandemic has reached almost every country in the world.

Its spread has left national economies and businesses counting the costs, as governments struggle with new lockdown measures to tackle the spread of the virus.

Despite the development of new vaccines, many are still wondering what recovery could look like.

Here is a selection of charts and maps to help you understand the economic impact of the virus so far.

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How to Start Working Out at Home: Beginner’s Advice and Gear (2021) | WIRED

I CONSIDER MYSELF an athlete, but I don’t engage in any particularly impressive physical feats. I am not “cut” or “swole.” My superpower is consistency. Barring the rare knee surgery or birthing the occasional child, I have worked out daily for more than 20 years. Physical activity is also how I avoid injuring myself while picking up my kids, and how I combat anxiety.

As the pandemic has worn on, it’s become more vital to find a way to move your body every day, especially if you’ve discovered that the sedentary days are starting to wreak havoc on your neck or lower back. For suggestions, I enlisted the help of Cassey Ho, the animating spirit behind the wildly popular Blogilates fitness platform, as well as Ben Musholt, physical therapist, parkour coach, and the author of The Mad Skills Encyclopedia.

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