Category Archives: Cloud Computing

Glen Weyl on Technology and Social Innovation

Social movements have spurred major transformations in society, from the end of slavery to universal suffrage, the rise of labor unions, and universal education. Yet somehow after decades of economic stability, we began to rely on technological rather than social tools to remake the world, says Glen Weyl, a principal researcher for Microsoft.

While technology flourished, we “did not allow our social wisdom and social infrastructure to balance that out,” says Weyl. “I think it’s killing equality and structure of our society, so I think we need to regain that spirit of being open to those fundamental social innovations.”

Weyl spoke at the WIRED25 Festival on Sunday, during a panel that explored the ideas in the book he co-authored, Radical Markets: Uprooting Capitalism and Democracy for a Just Society. The book argues that markets, radically reimagined, are the best place to combine social innovation with technology and then disseminate those changes to the masses.

Kevin Kelly

Amy Lombard

WIRED cofounder Kevin Kelly, who was moderating the panel, asked Weyl why he seemed so confident that the world needs to try his sophisticated, but rather mathematical ideas.

Weyl says his faith in economic theory comes from his own political evolution. At age 10, he was a socialist, but that gave way to Ayn Randian libertarianism in his teens. “By the age of 18, I realized that I had inhabited these two completely contradictory ideologies,” and yet believed in both. For Weyl, the puzzle pieces only fit together when when he was studying for a PhD in economics. Deep inside economics were “all these really powerful ideas for transforming the world,” which “allowed me to reconcile my randianism and my socialism,” he said. Finally he was able to connect “my deep economic theory work back to the passions that I had since the age of 18.”

Likewise, the ideas in Radical Markets will only take root if people reconcile different approaches, said Weyl. Take, for instance, quadratic voting, his idea to solve problems caused by majority rule by allowing people with a strong preference to vote more often on issues they care about, if they abstain from other votes.

Amy Lombard

Technocrats could experiment on quadratic voting, but “they can’t press a button and make this happen and we wouldn’t want them to,” says Weyl. “Activists can hope to build imagination” around the idea, but no one will follow them until they see an opportunity to experiment with it. “Entrepreneurs can build things and find areas where you can use quadratic voting to do ratings of online services or polling or whatever, but they can’t figure out what it should feel like to people in order to make them be able understand it.” For that, we need artists and designers.

Weyl’s hope is that the same diverse, intersecting communities needed to bring about these ideas will, in turn, build a world that better embraces diversity and more flexible ideas around individual and collective identity.

As an example of the interplay between social and technological change, Weyl pointed to blockchain technology, which allows for a decentralized and transparent public ledger. Blockchain may not be the answer to every need, but “It’s a great technology for bringing fundamental social change the world that can sustain liberalism,” he said.

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The 1 Compliment You Should Never Give Your Boss

However, there is one compliment that you should offer to any boss, regardless of whether they’re a raging narcissist or a brilliant coach or anything in-between. That compliment is: “I like working here.”

That sentence is a compliment when it tells bosses that they’ve successfully created an environment that, in your case at least, has resulted in high morale. In many ways, “I like working here” is the highest praise a boss can receive.

Nevertheless, you should never, ever express that exact sentiment to your boss. It’s OK to say something like “I think you’re a great manager” or even “I like my job” or indeed express positive feelings about your career and your relationship with your boss.

But saying “I like working here” is flushing money down the toilet and here’s why. Regardless of how much you feel that your boss is your friend and ally, one of your boss’s primary responsibilities is determining where money gets spent.

Especially compensation.

Expressing that you’re receiving positive emotional rewards simply because you’re doing your job at your current and at your current location communicates to your boss that you’re not at all looking to leave for greener pastures.

And that’s something you never want your boss to think, because when it comes to handing out raises, the fact that you’re basically happy (as expressed by your ill-considered compliment) implies that you’re willing to accept less compensation than otherwise might be the case.

Ideally, you want your boss to perceive you as a unique resource whose continued presence is dependent upon being paid what you’re worth. Implicit in that perception is that notion that, is that you’ll leave to work elsewhere if that’s not the case.

When you say something like “I like working here,” you’re implying that you’re satisfied with your compensation (and everything else) and are therefore less likely to leave, even if offered more money to work elsewhere.

There’s a larger principle here, though, that applies to every career: which is that doing what you love makes it hard to demand (and receive) what you’re actually worth.

I recently had a conversation with an unbelievably smart woman who’d created a consulting service so effective that she was literally turning customers away. However, when I gave her my standard advice for this situation–raise your price–I sensed an emotional reluctance to do so.

The root of that reluctance, I think, was that she loved her job so much that she was grateful for the opportunity to do it, and that was preventing her from charging what she was worth, which was (incidentally) many times what she was charging.

Seriously, one of the biggest hazards that people face when the “follow their bliss” or “pursue their passion” is letting their love of the job get in the way of making money–let alone big money–doing it.

So here’s a rule of thumb: if you’re being offered a job or a contract or up for your salary review, never start–as many do–with the internal question: “what’s the minimum  I’d accept?” Instead start with the question: “how much am I worth?” Then make your demands accordingly.

For example, if you have marketing skills that can increase a company’s profits by $10 million a year, the absolute minimum you’re worth is $1m a year. That’s true even if you only spend a single day working on their problem.

If you can’t close on compensation that matches your worth, walk away. There is no greater pleasure than turning down somebody who wants to hire you or keep you on their payroll, on the cheap.

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Robert Mueller Has Already Told You Everything You Need To Know

With the exception of President Trump’s legal team, no one has been watching the Mueller investigation more closely than Garrett Graff. Graff, a historian and journalist, wrote the book on Robert Mueller (literally), has interviewed him probably more than any other journalist, and covers the investigation for WIRED. He sat down with WIRED features editor Mark Robinson at the four-day WIRED25 anniversary event in San Francisco to decode the Russia probe and answer the question: What happens next?

A lot. As even a casual follower of the Russia investigation knows, questions have swirled over whether Donald Trump and his campaign colluded with Russia to influence the 2016 election by hacking the DNC and launching a massive disinformation campaign. Though numerous indictments of Trump associates have already come out of the investigation, Mueller has yet to finish it, or release a conclusive report.

A more hotly anticipated government report there may never have been. As Trump’s legal teams prepare their defenses—arguing as recently as last week that it was perfectly legal for the campaign to use materials stolen by Russia to further Trump’s chances—the nation waits.

“Everyone is so focused on ‘When is Mueller going to release the Mueller Report?’, and I think that what people miss is that Robert Mueller has been writing the Mueller Report in public through all of these court filings,” Graff said.

In the short year and a half that Mueller has been investigating Russia’s attack on the 2016 election and the Trump campaign’s ties to it, he has indicted some of Trump’s most senior campaign officials. In each of those court filings he has included far more information than he needed to, notes Graff. For example, when Mueller indicted officers of Russia’s military intelligence GRU agency for hacking, he noted in the criminal filing that the night that Donald Trump went on live TV and invited Russia to hack Hillary Clinton and find her missing emails, the GRU “returned to the office and attacked Hillary Clinton’s personal email server for the first time,” Graff says, emphasizing that last phrase.

“Mueller uses that phrase ‘for the first time’ in the indictment, which is totally unnecessary, unless Mueller wants us to know that further down the road,” he says. “Mueller is making claims that I think point to breadcrumbs he is leaving us for where this is going to go.”

Graff says that once you factor in the information hidden in plain sight in the indictments, as well as what is pointedly left out of them, you begin to see that Mueller is carving out the negative space where the heart of the investigation lies. “He is staying very, very focused,” Graff explains, “And anything that he’s finding that is not directly related to Russia he is handing off to other prosecutors in a really interesting way because it gives us almost a negative relief of how to view Mueller’s investigation.”

That blank space can tell us where the investigation is going. And where is that? Straight toward Roger Stone, Graff surmises, pointing out that no one is more implicated by the information in the indictments that have already come out of the investigation. Short of that, Graff is hesitant to make predictions.

Garrett Graff is the author of The Threat Matrix: Inside Robert Mueller’s FBI and the War on Global Terror.

Amy Lombard

Normally, he says, as a reporter you always expect a story to end up being less weird than you are originally told. “You get these weird tips as a reporter, and it’s never that good. It ends up being like 75 to 80 percent as weird as the tip. That’s not true about any part of this story. Every single thing ends up being about 140 percent as weird as the original reporting,” he says.

A few weird things he thinks Mueller is particularly interested in, that linger in that negative space carved out by the public indictments so far: A Trump campaign meeting with Betsy Devos’ brother Erik Prince in the Seychelles in 2016, the role of the nation of Qatar in Russia’s disinformation campaign, the Trump tower meeting, the Trump money trail, and “weirder questions about money,” says Graff.

“I think almost certainly the bombshell—if there is a bombshell—is about money,” he says.

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This Survey of 1,300 Harvard Business School Alumni Reveals the 5 Skills You Need to Succeed as an Entrepreneur

Do you admire leaders like Steve Jobs and Bill Gates who have turned their ideas into world-leading public companies? I certainly do. But it is one thing to admire such leaders and another thing to have the skills needed to become a successful entrepreneur.

Which raises an important question: What skills do successful founders have that other business leaders lack? Thanks to a survey of 1,300 Harvard Business School alumni, here are the five key skills — out of 11 examined by the researchers — at which entrepreneurial leaders distinguish themselves compared to non-founders.

1. Identification of Opportunities

Founders excel in skills and behaviors associated with the ability to identify and seek out high-potential business opportunities, according to the research. This should come as no surprise. But what makes for a great business opportunity? 

My interviews with hundreds of entrepreneurs reveal four tests:

  • Does the product relieve deeply-felt customer pain that other companies are ignoring?
  • Does the founder have a passion for doing a market-beating job of solving that problem?
  • Does the startup’s founding team have the critical skills to build that solution?
  • Is the market opportunity large enough — e.g., at least $1 billion? 

2. Vision and Influence

Founders have strong abilities to influence all internal and external stakeholders that must work together to turn a strategy into action and results.

Harvard researchers found that entrepreneurial leaders have more confidence of their abilities to provide vision and influence than the average leader — and that leaders working within established firms actually rated themselves much lower.

As I wrote in my 2012 book, Hungry Start-up Strategy, a successful entrepreneur is able to attract and motivate talent by creating what I called emotional currency — rather than paying people more money than Google does, they offer a powerful mission which gives work at the startup much more meaning.

3. Comfort with Uncertainty

Entrepreneurial leaders are better able to “move a business agenda forward in the face of uncertain and ambiguous circumstances,” according to the researchers.

You’ll know whether you share this skill if you are willing to start a company even though you have no money, no product, and no customers — but you do have a clear idea of what problem you are trying to solve and what your solution will look like.

Starting there, successful entrepreneurs are far more comfortable living with the uncertainty needed to go from there to building a large company. 

4. Building Networks

One reason for founders’ comfort with uncertainty is that they are good at assembling the resources the startup needs because they can create professional and business networks that will help them realize their vision.

Indeed, many of the CEOs I’ve interviewed have told me that they often find themselves not knowing how to solve problems — but they are able to get advice from CEOs who have been there before.

5. Finance and Financial Management

Being able to raise capital and control cash flow are essential to a successful startup. The founders HBS surveyed were “much more confident in their skills at managing cash flow, raising capital, and board governance — than were non-founder alumni.”

My interviews this year with CEOs for my forthcoming book on scaling startups highlights that successful entrepreneurs are great at persuading investors to write them checks.

The most successful sales pitches for money emphasize the size of the market the company is targeting, the value that the company’s product provides for customers, and the rapid rate at which the company is winning new customers and retaining old ones who spend more on the company’s products.

Not surprisingly, there is one area where founders are not as good as non-founders — preference for established structure.

Entrepreneurial leaders have a lower preference for operating in more established and structured business environments and would rather “adapt to an uncertain and rapidly changing business context and strategy,” according to the HBS researchers.

If you are great in these five skill areas, you may just have what it takes to be a successful entrepreneur.

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7 Strategies to Maximize Your Productivity While Traveling

Whether you hate the idea of traveling or you actually look forward to it, it’s hard to deny that travel can sabotage your productivity–at least temporarily. It takes hours of planning and coordination to prepare for some trips, and hours to navigate airports, not to mention the actual time you spend traveling.

It can make a full day of responsibilities feel like a waste, and put you behind on achieving your goals. Fortunately, there are some helpful strategies that can make you more productive–no matter how you’re traveling.

Try using these tactics to get more done when you’re setting course on a major trip:

1. Get used to a different sleep cycle.

One of the biggest sources of productivity disturbance while traveling is the disruption in your sleep cycle. Depending on where you travel to, you could be dealing with timezone changes and jet lag, and you may not be able to get a comfortable eight hours of sleep when you’re used to getting it.

Instead, you can try a biphasic cycle or an everyman cycle, which rely on split patterns to break up your time sleeping; that way, travel may not have as big of an impact on you. The caveat here is that it takes time to get used to a new sleep cycle, so it’s best for frequent travelers only.

2. Take a private jet.

One of the biggest sources of time delay while traveling is navigating the airport; going through customs, waiting to board the plane, dealing with delays, etc., can add several unnecessary hours to your trip.

Taking a private jet allows you to circumvent most of these problems–and it’s cheaper than you think. If a few hundred dollars can save you literally hours of time, and afford you a better workspace when you’re flying, it’s likely worth the extra money.

3. Look for coworking spaces when you arrive.

Coworking spaces are popping up everywhere, so you shouldn’t have trouble finding one at your destination. Instead of going straight to a hotel or meeting, check into one of these productivity hubs; you’ll be able to get coffee, work in a peaceful environment, and if you’re up for it, socialize with other people who may be in similar situations. It’s a great way to both decompress and get more work done, so take advantage of it.

4. Rely on audio.

While you’re driving, navigating the airport, or dealing with a lack of lighting or Wi-Fi, you won’t be able to work on your most important heads-down tasks–but that doesn’t mean you can’t be productive.

Try focusing on audio-specific tasks when you can, listening to recordings of old meetings to prepare for the future, catching up on your favorite industry podcasts, and listening to audiobooks that can improve your skills or expand your professional horizons. There’s no shortage of audio content to plunder, so make good use of it.

5. Prepare travel-specific tasks.

While traveling, you won’t be able to do tasks that require multiple monitors, or meet with your teammates in person. You’ll have limited space, and in some cases, limited Wi-Fi connectivity.

Prepare tasks that you can work on under these conditions, so you don’t run out of things to do. As long as you have a few days’ heads-up, you can handle your least travel-friendly tasks in advance, and set yourself up to work offline for the next several hours.

6. Say “no” and delegate.

New things are going to come to your attention before and during your travel; for example, you might get a client email requesting a change to a piece of work you submitted. If this is the type of work that can’t be done efficiently when traveling, don’t bend over backwards trying to do it; instead, tell them you’re traveling, and not able to do it right now.

If it’s an emergency, or if you won’t be able to get to it for a while, consider delegating it to someone who can handle it.

7. Rest (if you can).

To some people, sleeping may seem like the opposite of productivity. But in reality, sleeping is one of the best things you can do for your mental energy and cognitive capacity. It can even reduce your susceptibility to illness and improve your overall physical health.

Accordingly, if it’s possible for you to take a nap during a long flight or car ride, take advantage of the opportunity. Use a face mask, a neck pillow, or some comforting white noise from your headphones–whatever you need to get some extra shuteye when you’re between destinations. You’ll thank yourself later.

Finding Your Own Style

Not everyone is going to travel the same way. For example, some people may not be able to read while in a vehicle, and some may have trouble sleeping on airplanes. The goal isn’t to fall in line with a series of productive habits, but rather to craft your own habits to maximize your personal productivity. Learn which strategies and actions suit you best, and customize your own set of approaches.

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Lenovo shares tumble, investors fret over impact of chip hack report

HONG KONG (Reuters) – Shares in Lenovo Group Ltd and ZTE Corp plunged on Friday, hurt by concerns their sales could suffer in the wake of a Bloomberg report that U.S. companies’ systems had been infiltrated by malicious computer chips inserted by Chinese spies.

The Lenovo logo is seen in this illustration photo January 22, 2018. REUTERS/Thomas White/Illustration

Bloomberg Businessweek cited 17 unidentified sources from intelligence agencies and business that Chinese spies had placed computer chips inside equipment used by about 30 companies and multiple U.S. government agencies, which would give Beijing secret access to internal networks.

Apple Inc and Inc, cited as U.S. companies that had been subject to the attack, denied the report. Super Micro Computer Inc, which Bloomberg said was the supplier of server boards that contained the malicious chips, also denied the report.

The report did not say any Chinese tech firms were involved in the attack.

But Lenovo shares tumbled 18 percent while Hong Kong-listed shares of Chinese telecommunications equipment maker ZTE Corp fell 11 percent in what analysts and market participants said was response to fears that consumers and businesses may become reluctant to buy Chinese tech goods.

FILE PHOTO: The logo of Chinese telecommunications equipment maker ZTE is seen outside the ZTE R&D building in Shenzhen, China April 27, 2016. REUTERS/Bobby Yip/File Photo

Lenovo said in a statement: “SuperMicro is not a supplier to Lenovo in any capacity. Furthermore, as a global company we take extensive steps to protect the ongoing integrity of our supply chain.”

ZTE declined to comment.

“Lenovo has fallen more than others because the United States represents a significant chunk of their business,” said Linus Yip, chief strategist at First Shanghai Securities.

“The stock had also risen a lot in recent months… so the price is at a relative high point, the news of uncertainty may prompt some to sell and profit.”

The IT hardware sector subindex on the Hong Kong stock exchange was down 5.5 percent, underperforming a 0.4 percent dip in the benchmark Hang Seng index.

The Bloomberg report said that a unit of the Chinese People’s Liberation Army infiltrated the supply chain of Super Micro Computer to plant the malicious chips.

China’s Ministry of Foreign Affairs did not respond to a written request for comment. Beijing has previously denied allegations of orchestrating cyber attacks against Western companies.

Reporting by Sijia Jiang and Donny Kwok in HONG KONG and Yimou Lee and Jess Macy Yu in TAIPEI; Editing by Miyoung Kim and Edwina Gibbs

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SK Hynix boosts investment in new South Korean chip factory

SEOUL (Reuters) – SK Hynix Inc said it would invest 20 trillion won ($17.8 billion) in a new memory chip manufacturing plant opening on Thursday in South Korea, about 29 percent more than originally budgeted.

FILE PHOTO: The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo

The amount is higher than the 15.5 trillion won investment the company announced in 2015 due to rising equipment costs for its fine technology process used to make smaller chips, the it said. The factory will produce NAND flash chips.

“Timing for equipment installation shall be decided considering market conditions,” SK Hynix said in a statement.

Prices for NAND chips, used for longer-term data storage, more than halved over the past year as supply swamped demand, data from market trackers show.

Those drops are expected to accelerate, while most analysts also predict DRAM prices will begin to decline, analysts say.

A company official said the chipmaker had already spent about 2.2 trillion won on the plant.

Reporting by Ju-min Park; Editing by Stephen Coates

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Elon Musk's SEC Settlement Could Have Gone So Much Worse

In early August, Tesla CEO Elon Musk posted a fateful tweet: “Am considering taking Tesla private at $420. Funding secured.” On Saturday, two days after the US Securities and Exchange Commission filed a lawsuit against Tesla CEO Elon Musk for “false and misleading” statements made on Twitter, Musk, Tesla, and the feds reached a compromise—a settlement.

According to documents filed in a New York federal court, Musk and Tesla will have to each write $20 million checks for the misadventure, which will be disbursed to investors harmed during the wild market swings that occurred after Musk’s tweets. (Tesla announced in late August, 17 days after the tweet, that it would remain public.) The electric carmaker will appoint two additional independent members to its board. The company will have to keep firm oversight over Musk’s communications with investors—including by tweet. Most critically: Musk will have to step down from his role as Tesla chairperson for at least three years. He will remain on as the company’s CEO and will retain a seat on its board.

In reaching a settlement with the federal enforcement agency, Musk and the company seem to have reversed course. Last week, Tesla had reportedly been on the cusp of a settlement with the SEC, before backing out.

Despite that waffling, legal experts say the result could have been much, much worse for Musk and his car company, where he has served as chairperson since 2004 and CEO since 2008. “Frankly, I view this as somewhat favorable to Musk,” says Stephen Diamond, a professor of securities law and corporate governance at the Santa Clara University School of Law. “He remains CEO, he’s still the dominant stockholder in the company, and he still remains in place on the board.” (Musk owns about 22 percent of Tesla shares.)

By relinquishing his role as chairperson, Musk does lose his ability to call board meetings, as well as set their agendas. His replacement in that role, whom the SEC demands be “independent,” will break Musk’s symbolic grip on the company, at least a bit. (Indeed, a cadre of the company’s investors have been calling for Tesla to formally separate the roles of CEO and chairperson for years now.) “This will serve as a kind of check on the runaway power of Musk,” says Diamond. As CEO, Musk will retain his control over day-to-day operations of Tesla.

A major question looms: Who will the new chairperson be? Will that pick be a truly independent check on the impulsive Musk, praised often for his marketing prowess and inventiveness, but whose actions have occasionally proved destructive and expensive? Observers have long grumbled that Tesla’s board members are not nearly independent enough. (Brother Kimbal Musk is currently on the board for both Tesla and Musk’s SpaceX venture. Antonio Gracias, a founder of Valor Equity Partners, is a longtime friend of Musk’s and has invested in PayPal and Solar City.)

“If the new chairperson is somebody who is extraordinarily strong and someone who will stand up to Elon, then it will be a change in his life,” says Erik Gordon, a lawyer who studies entrepreneurship at the Ross School of Business at the University of Michigan. “If the person is as independent as the supposedly independent directors of Tesla, then it probably doesn’t change his life very much. He will dominate that chairperson in the way he has dominated his board.”

One big thing that will definitely change for Musk: The settlement instructs Tesla to “implement mandatory procedures and controls to oversee all of Elon Musk’s communications regarding the Company made in any format.” Including—you guessed it—Twitter. “The thing that will be both humiliating for Musk and good for him is that he will be the only CEO I have ever known who will have to get his communications approved before he makes them,” says Gordon. Expect this to be a particular bummer for Musk, who has built a reputation off his irreverent, goofy, startlingly transparent, and lawsuit-spurring social media posts. Professional tweet editors, polish up those resumes.

Not settling with the SEC could have led to a more dire outcome. The SEC’s initial suit sought to bar the CEO from becoming an officer or director for any public company, perhaps for life. A loss against the federal agency in court may have also made it difficult for Musk to raise money for his non-Tesla ventures: rocket-building SpaceX, neurotechnology company Neuralink, and infrastructure venture the Boring Company.

While the settlement neatly ties up Tesla’s current dealings with the SEC, the carmaker still has two more Twitter-related headaches. The first is the reported Department of Justice probe into the “funding secured” tweet, which is being investigated as a possible case of criminal fraud. The settlement here may not have any bearing on that investigation, legal experts say. The second is a series of class-action lawsuits filed by investors who say they lost big money in the market volatility following Musk’s August Twitter statements. Though the $40 million in fines will be used to mollify investors, legal experts expect the plaintiffs to push for even more funds. “Those lawsuits have always been the bigger risk to Musk and the company,” says Gordon.

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Kevin Hart Didn't Find Success Until People Started Stealing His Work. Here's Why

Kevin Hart shared his hard-earned lessons on a recent Oprah Masterclass podcast. He kept banging his head against the wall until people began stealing his work – literally. Then he found success.

People don’t care how they get your knowledge

After years as a stand-up comedian, Hart said he kept trying – and failing – to break into Hollywood as a comedic actor. His big break? A silly, low-budget movie called Soul Plane. However, the momentum behind it was strong and it was expected to be a moderate, if not big success for its size.

The problem is that it was bootlegged more than six month before it hit the theaters. People were watching the movie on DVD at home shortly after Hart finished filming the scenes. It was so bad, Hart said that a tone-deaf fan asked him to sign a copy of the Soul Plane DVD – weeks before it even hit the theatres.

The film flopped. Hart was livid.

Then he went back on the road and, suddenly, his stand-up rates went up. Why? Everyone had the bootleg of his big Hollywood debut – and were asking for him by name. They didn’t bootleg the movie to disrespect him and his craft. They bootlegged the movie because they couldn’t wait to get more of him and his craft.

In his words, that heavily bootlegged movie broke open his career – and Hollywood came calling again shortly thereafter. Today, he’s one of the highest paid comedians in the world.

You shouldn’t care how they get your knowledge, either

Here’s the lesson: Give people access to you and they will get to know you and eventually support your work with both attention and money. Withholding your insight – holding back your light for the so-called perfect moment – means that audiences are only getting a muted version of your gift.

It is one of the reasons why I freely talk about my book content on major podcasts, share my coaching insights on social media, and reveal hard-earned wisdom to audiences I speak to whether it is a paid gig or not. It shifts the intention from hording secrets to building a tribe, and that very same tribe will be the same group that will pay for your services and help market your big idea when the time is right.

The deeper you get into your craft, the harder it is to duplicate – turning you bulletproof, as I share in The Productive Bite-Sized Entrepreneur. So it’s not a matter of how people get to you, but that they get you, and the clearer your voice, the quicker they will realize how much you resonate with them – and the sooner they will happily give you the resources you need to continue your path.

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Instagram Co-Founders to Leave Facebook

Instagram’s co-founders are leaving the popular photo-sharing app, raising questions about the future direction of what has been a growth engine for parent company Facebook.

Instagram CEO Kevin Systrom said Monday evening in a corporate blog post that he and chief technology officer, Mike Krieger, would step down from the social networking giant and are “planning on taking some time off to explore our curiosity and creativity again.”

Systrom did not say when he and Krieger would leave, but The New York Times reported earlier on Monday that it would be in the coming weeks. The executives notified Facebook’s management of their plans to leave on Monday, the Times report said, citing unidentified sources.

“We’ve grown from 13 people to over a thousand with offices around the world, all while building products used and loved by a community of over one billion,” Systrom wrote. “We’re now ready for our next chapter.”

Systrom did not say why he and Krieger are stepping down from Facebook, which is facing one of the most turbulent times in its history. In recent years, the company has had to deal with problems like the Cambridge Analytica scandal and its failure to prevent Russian entities from spreading propaganda on its service during the 2016 U.S. presidential campaign.

“Building new things requires that we step back, understand what inspires us and match that with what the world needs; that’s what we plan to do,” Krieger wrote.

Facebook CEO Mark Zuckerberg praised the executives in a statement, but he did not elaborate about the departure or who would replace them.

“Kevin and Mike are extraordinary product leaders and Instagram reflects their combined creative talents,” Zuckerberg said. “I’ve learned a lot working with them for the past six years and have really enjoyed it. I wish them all the best and I’m looking forward to seeing what they build next.”

Technology analysts generally consider Instagram, which Facebook bought in 2012 for $1 billion, as one of Facebook’s most important services, especially in light of the parent company’s recent scandals. While Facebook’s user growth appears to be slowing down, Instagram’s growth is booming, with analysts from Bloomberg Intelligence recently estimating the service to be worth over $100 billion if it were an independent company.

In April, Jan Koum, the founder and CEO of Facebook-owned messaging service WhatsApp announced that he would step down. Koum did not say why, but the Washington Post reported that it was due to disagreements with Facebook executives over data privacy and encryption policies that they wanted to enforce on the messaging app.

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