Jeff Bezos Says There Are 2 Kinds of Failure and You Should Only Tolerate 1

If there's one thing just about every super successful entrepreneur out there can agree on (besides a love of books), it's that failure is a necessary part of creating anything new and worthwhile. From Richard Branson to Elon Musk to Sara Blakely, just about every billionaire you admire has offered advice on how to get more comfortable with failure so you can achieve more. READ MORE

America’s unique brand of entrepreneurism is, and always has been, a source of hope for the future

Many of us started the new decade with high hopes and renewed aspirations, and instead, this year delivered a devastating blow. For all the setbacks and losses we’ve experienced, a brighter future remains. We can still look forward to a thriving entrepreneurial environment and fruitful innovations that can continue to improve lives and open new opportunities and horizons. READ MORE

A Guide to the performance management revolution

Forward-thinking companies understand the true potential of performance management, which cannot be achieved by a once-a-year appraisal and a rating created from the top down. By shifting traditional performance management to continuous performance management—built on a foundation of regular check-ins, ongoing feedback, and frequent recognition moments—companies can optimize performance by enabling employees to achieve more with the support of their peers and manager. READ MORE

Anyone Can Learn to Be a Better Leader

When you’re an individual contributor, your ability to use your technical expertise to deliver results is paramount. Once you’ve advanced into a leadership role, however, the toolkit that you relied on to deliver individual results rarely equips you to succeed through others. Beware of falling into the logical trap of “if I can do this work well, I should be able to lead a team of people who do this work.” This would be true if leading others were akin to operating a more powerful version of the same machinery you operated previously. But it’s not; machinery doesn’t perform better or worse based on what it thinks about you and how you make it feel, while humans do. READ MORE

Stop Asking for Feedback

Many years ago, I applied for a role I had considered my dream job. I made it to the last round of the interview process where I had to give a presentation at the company. When I was done, I asked them for feedback. “How did it go?” I said and received some damning and utterly unactionable comments. I left the room with a deflated sense of self. Needless to say, I didn’t get the job. READ MORE

These Simple Changes to Your Performance Reviews Will Make More Effective Employees

Performance reviews are an essential tool for monitoring and improving employee progress and giving them support and guidance. But, the traditional performance review has become clunky and outdated. These reviews are often a source of stress and anxiety for employees and they usually don’t provide the real-time feedback that many team members need to be highly successful. READ MORE

20 jobs most at risk next year because of the coronavirus pandemic

The COVID-19 pandemic has wreaked havoc on the U.S. labor market, and according to new data from job and review site Glassdoor, the damage done within some industries might be irreversible. Glassdoor Chief Economist Andrew Chamberlain breaks down pandemic-affected jobs into three categories: jobs that won’t return until the coronavirus is under control, jobs that may take years to get back to pre-pandemic levels, and jobs that may never return. READ MORE

Feds reveal Elizabeth Holmes texts showing Theranos bosses panicking "Fucking disaster zone"

Panicked text messages between the two top executives at Theranos showed they knew how much trouble the blood-testing startup was in before it collapsed, prosecutors say.

In a trove of texts, iMessages and Skype chats, Theranos founder Elizabeth Holmes and Ramesh “Sunny” Balwani, her top lieutenant and former lover, expressed anxiety about the company’s struggling blood test technology, chaos inside one of its labs and desperate efforts to professionalize its operations. READ MORE

Hyperloop wants to change the world. Not everyone's convinced

Hyperloops burst onto the scene in 2013. Elon Musk detailed a new type of train service in a low-pressure tube that would reach speeds up to 760 mph. The train would float on a cushion of air and be powered down the tracks by magnets.

Like many of Musk's endeavors, including electric cars and rockets, it didn't involve inventing everything from scratch. Musk took existing ideas, re-packaged and rethought them, in hopes of carrying humanity towards a brighter future. But critics aren't yet entirely convinced the new hyperloop thinking can solve old issues. READ MORE