How to Use Intro Chats in Personal Networking

You can learn more about this topic in Eazl’s new Instant Skills course on personal networking.

When you’re building a personal network, “intro chats” are a great way to meet new people without committing too much. In this Brain Boost see how we use the PIG (Preferences, Interests, Goals) system to qualify people who we might collaborate with, hire, or buy something from.

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How Much Does Happiness Cost Where You Live?

😃 Access Eazl’s Cost of Happiness by Country Database free at http://bit.ly/costofhappiness

In 2010, Nobel prize winning economists Daniel Khaneman and Sir Angus Deaton collaborated with Gallup to build a dataset of more than 450,000 people to ask a simple question: how much does happiness or “emotional well-being” cost? Their answer is about $75,000 per household in the US.

We wanted to make a tool that digital nomads, non-US residents, and curious people could reference to see what this “income and happiness threshold” is around the world. To do it, we used an economic construct called the Purchasing Power Parity (PPP) index which helps us account for the different power that one US dollar has (adjusted for currency exchange rates) across different countries.

While we didn’t use it for this video, one fun way that this is regularly done is by using the Big Mac Index–something that the Economist has been calculating since the 80s. It compares the price of Big Macs around the world to help establish the relative purchasing power of a dollar in different places.

Here are links related to this Brain Boost:

• Access Eazl’s Cost of Happiness Index at http://bit.ly/costofhappiness
• Read Daniel Khaneman and his co-author’s original research and related research at http://bit.ly/2dMCmr0
• Learn more about the Big Mac Index at http://econ.st/2jc58Ez
• Take Eazl’s free animated Macro Economics 101 course at http://bit.ly/2yniQa8
• See the Purchasing Power Parity (PPP) Index datasource at http://bit.ly/2hYddcr

Whether you’re working for someone else or for yourself, this should help you benchmark how much you need to earn before you start to focus on the bigger questions.

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The Human IPO + Alt-Capitalism

A perfect storm of social change, globalization, technological advancement, and changing values is brewing… and alt-capitalism is coming.

The Human IPO
Mike Merrill launched KMikeyM in 2008 which is him. He is the company and you can buy shares in his decisions. Now, around 1,500 people hold shares in Mike. They vote on things like whether or not he should be a vegetarian, whether he should change jobs, and more. This shows us that many people in the next generation of investors… don’t want to be investors. Not in the traditional sense anyway. They want to own things that give them meaning and Coke and McDonalds aren’t it. Check out Vice’s profile of Mike Merrill here.

Investment Crowdfunding
Meanwhile, the market for crowdfunded securities is developing. In the last year, around $40m worth of crowdfunded securities have been purchased in the US alone. See a report by Sherwood Neiss and Crowdfund Capital Advisors here.

The Shareholder Advantage
Having more than 1,000 shareholders in any business–a local café, a retailer, a web-business, a small service business–is a big deal. This is a huge group of people incentivized to economically support the growth of the business… and it’s already happening.

Take Eazl’s free Investment Crowdfunding 101 course to learn more about this technology/social movement. Stay tuned to this space…!

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The First AI Keynote Speaker

Artificial Intelligence is moving FAST.  Let’s get you up to date with what’s happening.

Here are some of the links mentioned in this week’s Brain Boost:

 

3 AI and Robotics Initiatives Moving Fast:

Staying Focused Despite the Trump Media Chaos

 

Don’t Be a Victim to the Media Chaos
What you put in brain matters and all forms of media (social media, radio, television) are saturated with stories about Trump. Stories that are divisive, that are designed to create culture wars, that pit us against each other.

If you put that stuff in your brain all the time, your brain is going to be shaped by it.

Learn how to actively shape your brain in healthy ways with this guide to neural plasticity that was developed by Eazl’s well-being researcher Ludell Jones and based on emerging brain science from UC Berkeley.

Get it free here and share it with your friends.

While it’s good to be aware of what’s happening in the world don’t be a victim to the news.

More Innovation and Opportunity than Ever
This is a time of tremendous innovation and opportunity. You can learn in amazing new ways from great people on Udemy (and not just Eazl courses!) and learn from some of the smartest people in the world for free using EdX.

Industries everywhere are being disrupted and change is OPPORTUNITY. It’s not just about big-money startups, either.

Glenn Carroll’s research at Stanford shows that well-run small businesses that embrace their authenticity have a distinct and sustainable advantage over tired old big brands using the same old tricks.

See the research at http://stanford.io/2qXewMb.

Some of the people making progress in the Eazl community are:
Matt Banks, a leader in carbon emissions reduction through corporate sustainability. See his interview in What’s Next? Washington DC at http://bit.ly/2fWtcVd

Rodrigo Palma, advancing accessible artificial intelligence by working on the IBM Watson team. Connect with him at http://bit.ly/2gW5cEC

Jessika Jake, a physical product innovator in the workplace wellness space. Check out her business at http://bit.ly/2xTH0bn

Have the Courage to Build Bridges
It is in the interests of selfish oligarchs for us to stay home and stay divided. When we don’t do meaningful things, we consume to fill the void.

COURAGE will lead you to OPPORTUNITY.

In my personal experience, organizing on Chicago’s South Side has shown me that there is power in diversity, that smart, well-intentioned people are building inspiring things in SO MANY places.

I encourage you to find the good in people, to find the good people, and to build bridges.

Have the courage to say “no” to the Trump media chaos. You can take back the control by making small meaningful steps towards solving problems that matter.

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The Coming Creative Revolution and the Teacherless School

New opportunities for content creators, the teacherless coding school and more in this week’s #BrainBoost. Links to each story below!

Creators Get Paid
The founder of Patreon, Jack Conte, talks about the new digital infrastructure helping creators get paid. See the new TED Talk at http://bit.ly/2gzuV5l

Authenticity Everywhere
When Netflix’s lawyer writes such an approachable, common-sense cease and desist letter you know the world’s getting better. See what I mean at: http://bit.ly/2zjiJNK

Awesome Explainer of the Google / Uber Driverless Car Lawsuit
See how one innovator–Anthony Levandowski–is at the center of this massive battle between Uber and Google. See awesome video created by VICE Media the video at http://bit.ly/2kKwIsM

The Teacherless Coding School
Change is the ONLY constant. See how Ecole 42, the French coding school created by Xavier Niel has… no teachers. It’s amazing. Read the piece at http://bit.ly/2wR3dXM

Marriage Revolution
MIT Technology Review has a fascinating new report about how online dating is revolutionizing society. Read about this huge shift at http://bit.ly/2ykk6gW .

 

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Should Driverless Cars Kill Pedestrians to Save the Car Owner?

 

Big, real questions are starting to bubble up as artificial intelligence and driverless cars get closer to impacting our daily lives.

Here are some of the opportunities to dig deeper into this fascinating mix of philosophy, technology, and society:
The Driverless Car Dilemma (via Radiolab) at http://bit.ly/2xXdXrL [Podcast Episode]
Why DeepMind Established a Coalition on the Ethics of Artificial Intelligence (via the DeepMind Blog) at http://bit.ly/2yKejhW [Blog Post]
The Partnership on AI at http://bit.ly/2hQSpXl [Study Group w/ Google, IBM, Apple, + More on AI and Society]
Racism and Predictive Algorithms (via ProPublic) at http://bit.ly/2xZ2tRV [Article]

A major debate was started when Christoph von Hugo, an executive at Mercedes revealed that Mercedes’ programmers had programmed their driverless car to prioritize the life of the owner of the vehicle over those of pedestrians should it ever have to make a decision in the lead-up to a crash. What are the ethics of AI?

Moreover, it turns out that some racist AI applications are already being observed. For example, evidence shows that artificial intelligence in law enforcement has led to an increase in the incarceration of black people.

Now Google’s DeepMind team has launched a team to look at the ethics of artificial intelligence. What’s your take?

Cover Image: Mercedes’ driverless concept car.

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Bitcoin: Made in China

The $320,000/day Chinese Bitcoin Mine
Inner Mongolia is now home to the bitcoin mine that produces 5% of the world’s bitcoin supply (the equivalent of around $320k of bitcoin per day). It’s in a region that used to be known for coal mining, but now massive server buildings are filled with computers built by the “bitmine’s” parent company, Bitmain. The machines solely exist to perform the complex math that it takes to create or “mine” bitcoin. There are also huge water tanks and fans that run 24/7 to prevent the computers from bursting into flames. Read more at http://nyti.ms/2y9u56u (via the New York Times).

Tesla to Produce the World’s 1st Electric Big Rig
Tesla has announced that it will produce the world’s first electric-powered big rig. The trucks are expected to cost ~$100k, have autopilot features similar to passenger Tesla models, and be able to travel around 300 miles on a charge while towing a full payload. Most big rigs can now travel around 1,000 before refuelling and Tesla is looking to create a series of battery swap stations to enable the big rigs to stay on the road without much downtime.

Major Step in the Fight Against Cancer
Carol Bertozzi’s team at Stanford has discovered a new way to detect and treat cancer. It turns out that sugars on the surface of cancerous cells (called Sialic Acids) deceive the immune systems of cancer patients and prevent their bodies from attacking the cancer cells. Ms. Bertozzi’s just-released TED Talk shares these details and how this line of development helped former US President Jimmy Carter beat cancer that had spread to his brain, something that was unheard of only a few years ago.

You can watch the TED Talk at http://bit.ly/2h5y9gk and read more about these therapies at http://bit.ly/2vXb9GJ.

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Feedback is Even More Important for Freelancers

Freelancers and freelancing is often misunderstood.

For example, “freelancers do it so that they can wake up at noon” and “freelancing is just like being in a bigger company, only solo.” …and one of the biggest misconceptions that freelancers themselves make is that, now that we’re our own bosses, we’re done getting performance reviews. Not exactly.

In this Brain Boost, we’re going to look at the changing world of feedback and performance improvement. It’s changing in larger organizations as the good ones abandon aging practices like performance reviews in favor of people analytics and continuous improvement practices. It’s also changing in the broader workforce as many of us become remote workers, freelancers, entrepreneurs, and contract workers.

In a work environment where you have few colleagues you also have relatively few opportunities to receive feedback. This makes people who work in these situations weaker because they have fewer opportunities to improve.

Now that I have been collaborating with people and working in distributed workforce situations for a while, I realize how important feedback is.

At minimum, after each project or freelance engagement you should proactively exchange feedback with your counterparts on three things:

1) What could be better about the workflow?
2) Were the communication channels, were the timing of the communications, and was the nature of the communications done well?
3) What could have been better about the work product?

Remember my freelancer, entrepreneur, and contract worker friends–feedback makes us stronger and, when we’re working in small teams, it’s up to us to manage our own improvement!

If you’re interested in getting better at exchanging feedback, here’s a link to Eazl’s award-winning Feedback course.

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Giving and Receiving Feedback at Work: Davis-Hans Feedback Session

Watch our live feedback session this Thursday at 4pm Eastern time. Click here to set a reminder so you don’t miss it!

💪🏽 LIVE: Watch Davis and Hans Exchange Feedback after a Freelance Collaboration 💪🏽

Receiving feedback is something that I used to be really bad at.

As more of us become responsible for our own performance improvement, start working as freelancers or independent contractors, or launch our own businesses, we need to remember something about feedback: it’s powerful. It’s how we get stronger, more resilient, and ultimately, more capable and LIBERATED.

Here’s what happened: Hans Jonassen, a member of the Eazl community, hired me to help him write his resume and, while I was doing it, I learned that Hans is a kick-ass copywriter. So I hired him to work on some of Eazl’s projects.

At the end of our work together, I reached out to Hans so that I could give him feedback on his work and so that he could give me feedback on my participation in the project.

In this livestream, we’re going to have a candid conversation about what each of us could have done better.

Use this conversation as a learning tool for how you can exchange feedback with your fellow collaborators or peers and share your feedback with us. We rise together.

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