Opportunity Overdrive - Issue 2 - November 2023

The 5-minute personal opportunity and career development newsletter.

Thanksgiving Edition.

From the team at Opportunity Overdrive, we’re sending best wishes to you and your families this holiday season.

Everyone’s journey towards success and opportunity is different - so remember to be kind to others as you find your own way.

Because TL;DR is Life

Two big names, two big stories. Open AI creators of ChatGPT, fires CEO and founder Sam Altman, then rehires him and billionaire Changpeng Zhao (CZ), CEO of the world’s largest cryptocurrency exchange, Binance, is expected to plead guilty to money laundering violations. Binance is also expected to expected to plead guilty to the charges.

The founder and CEO of Binance, Changpeng Zhao, agreed to plead guilty to money laundering violations and to step down from the world's largest crypto exchange as part of a sweeping settlement with U.S. law enforcement and financial regulators. Let’s be clear though, this is not, by any stretch of the imagination, the same situation as Sam Bankman-Fried and his firms FTX and Alameda Research were engaged in. CZ was fined $50 million for the infraction. End of the day, SBF - In jail for the rest of his life, CZ down to $22.95 billion net worth.

“Before you criticize someone, you should walk a mile in their shoes. That way when you criticize them, you are a mile away from them and you have their shoes.”

Jack Handey

Mood Swings & Unicorn Dreams

Many employees are still struggling with low levels of well-being — with most of them saying that their health worsened or stayed the same last year, according to a survey of 3,150 people conducted in March by Deloitte and Workplace Intelligence.

However, the C-suite indicated a different perspective: More than three out of four executives inaccurately believe their workforce’s well-being improved.

Fresh Out of Silicon Valley (or Someone’s Garage)

Ramen to Riches

There’s a lot of room for startups in all facets of business Nica Yusay’s company, FashioNica, makes $55,000 per week selling luxury designer handbags. Like most successful entrepreneurs, she worked long hours to get to this point. The secret to Yusay's sustained sales is a strict schedule. She usually works six days per week, all leading up to "drops" when she releases a new batch of 20 to 30 designer bags, on Wednesdays at 7 p.m PT. The bags sell for anywhere from $170 to nearly $19,000 each. Cha-Ching!

Because Lost Luggage is a Mood

The US is the most frequented destination for the digital nomad community, but its also the biggest pain in the ass getting through customs. Interestingly, nomads are expressing the most frustration when interacting with organizations offering services in the United States than any other country. A couple of recent polls may give you a glimpse.

Do you think that when they asked George Washington for I.D. that he just took out a dollar bill?

Ctrl+Alt+LOL

"OpenAI Board Chooses AI Over Altman: Sam Now on a Quest for Upskilling to Master the Art of 'Not Getting Algorithm-ed Out of a Job!'"

It’s Not a Trap, Just a Poll

AI exposure’ is the new buzzword to soften talk about job losses. Here’s what it means. A.I. will challenge jobs ‘where cognitive tasks are valued’, says Korn Ferry’s Alan Guarino.

In your opinion, how will AI affect employment over the next 5 years?

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“Never follow anyone else’s path. Unless you’re in the woods and you’re lost and you see a path. Then by all means follow that path.”

Ellen DeGeneres

Pretend to Listen (But Do)

Future Proof your job and 3 Must-Have Strategies To Risk-Proof Your Career

  1. Don’t be a one-trick pony. “A great way to build resilience in your career is by being trained (or willing to learn) in more than one area. Invest in expanding your skill set and pursue your various interests. You never know when they might come in handy. For example, a lawyer laid off from a law firm lands on her feet working in HR at a large company. A mechanical engineer moves from designing aircraft parts to medical devices. A gaming programmer develops new AI software for an autonomous vehicle manufacturer.”

  2. Listen to your heart. “It’s important not to neglect the internal sources of risk to our careers. Building human resilience requires a focus on maintaining mental health and the ability to rise above attaching one’s self-esteem and self-worth to your job. You are worth more than the sum of your parts, including your job. Developing resilience in this capacity might require the help of a network of friends, a therapist or a coach and/or mentor.”

  3. Lean into collaboration. “Build a strong network and seek out professional advice from potential coaches and mentors. Silos arise in business because the world has become more specialized, but the best among us navigate the world by looking through multiple lenses. Siloes work until things go wrong. Responding to risk requires collaboration, and the most successful careers are built on being able to interact across the siloes.”

VIP (Very Impulsive Purchases)

This Balmuda Bluetooth speaker looks awesome, but the question at hand, is it worth dumping all your crypto to buy one? R.J. Anderson and the crew at Mashable took a deep dive, on this very subject. Their take, “if you’re a music lover who is interested in experiencing vocally-driven, three-dimensional sound, the answer might be yes. I could also see this being a great purchase option for someone with an eye for design, especially if you’re looking for a portable speaker that looks just as a good as it sounds. But your opinion of the audio quality is likely going to be a matter of personal preference”.

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