Career advice

After graduating from college in 2011, I had $30,000 in student debt and was working a part-time waitressing job for $19.50 an hour.My quarter-life crisis made me realize I needed to figure out my finances fast. I didn't want to continue being stuck in debt and living on $19,000 a year, so I started learning everything I could about personal finance.Thanks in part to several side hustles and being frugal with my money, I eventually paid off my debt. I also started an educational platform called Bravely Go, where I help…

It took me 20 years of trial and error before I achieved a multimillion-dollar net worth. Now, at 64, I draw income from the 18 companies I started and the 12,000 apartment units I own.But I wish I had known sooner how ultra wealthy people think about money. I've built relationships with many millionaires over the course of my investing career, and have spent years observing their habits. Here's what they do differently:1. They don't diversify their investments right away.It's generally good practice to diversify your…

After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy.Photo by Yoshikazu Tsuno | Gamma-rapho | Getty ImagesAfter Akio Toyoda, the CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and broke down his business philosophy."Rather than try to be like me, I want you to value your individuality," he said he'd once told the incoming chief Koji Sato ahead of an…

The rise of pay transparency laws in the United States could change how the nation's workers negotiate their annual salaries in today's fast-changing labor market.As layoffs mount in the face of recession fears, the increased number of job seekers will be seeing more positions in states that mandate pay ranges be publicly listed. Colorado became the first state to require public disclosures of salary ranges in 2021. Now jurisdictions including Washington state, California, and New York City have taken up similar mandatory…

When starting a business, it's sometimes hard to know what to prioritize, and going at it alone can be overwhelming. But there are strategies you can use to avoid common pitfalls.My mission is to teach people how to earn money from their passions. It's what I did: I went from living on food stamps to building two online businesses.Today, I run a music blog, The Recording Revolution, and a entrepreneurship coaching company. I work just five hours a week from my home office and make $160,000 a month in passive income.Here's…

Amazon Studios shared its first image of its upcoming untitled "Lord of the Rings" series, due on its streaming service Sept. 2, 2022.Amazon StudiosAmazon said Saturday that the first episode of its "The Lord of the Rings: The Rings of Power" series attracted over 25 million viewers globally in its first day, making it the biggest ever debut for a show on its Prime Video streaming service. The series is based on the appendices of J.R.R. Tolkien's "Lord of the Rings" books and is the most expensive television series of all…

Wouldn't it be nice if your kid grew up to become an entrepreneur?Entrepreneurs, in my view, are not just founders of for-profit businesses. They are resilient, hard-working people who start something, who come up with ideas and bring them to life, and who turn passion into projects. As research for my book, "Raising an Entrepreneur," I interviewed 70 parents who raised highly successful adults about how they helped their children achieve their dreams.What I found is that communication plays a big role in a child's future…

I never was the entrepreneurial type. But after losing my job as an audio engineer in 2009, I had to get creative to make ends meet.Thirteen years later, at age 39, I've built two online businesses that earns me a combined $160,000 a month in passive income. I also recently published a book, "How to Get Paid for What You Know."The first business I started was The Recording Revolution, a music and education blog that sells music production courses. The second, which I started in 2018, teaches people how to make money off…

What is a parent's role in raising smart, confident and successful children? What matters? What doesn't? Though I am the mother of two happy and driven entrepreneurial sons, these are questions I never thought to ask.Looking back, I would have loved to have read stories about how entrepreneurs had grown up — not just Bill Gates and Steve Jobs, but people who we could actually identify with. Entrepreneurs, in my view, are not just founders of for-profit businesses. They are resilient, hard-working people who start…

Some people can move back in with mom and dad if they have to, or at a minimum, crash on their aunt or sister's couch until they get their priorities in order. That provides a cushion. But that was never a possibility for me.I didn't have a strong support system growing up. I always knew that if I ran into trouble while building my career, I might have to sleep in my crappy car with a broken windshield.That never happened, thankfully, but the possibility was always in the background as I started my journey to becoming an…