Why Accountants Quit Their Jobs To Teach Arts And Crafts

Sam and Diana used to work for accountancy firms KPMG and EY before deciding to open an arts and craft shop in London. Their creative space is called M.Y.O. (Make Your Own) and they run several workshops including ceramic painting, pottery, and calligraphy.

Sam and Diana are now full-time in the business and list their activities on events platform Funzing.

See more from M.Y.O. (Make Your Own): https://www.myo.place/
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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

We Went Inside A Secret, Immersive Blade Runner Event

Secret Cinema is celebrating its 10-year anniversary with its biggest ever theatrical event. It has recreated the dystopian world of Ridley Scott’s Blade Runner in an East London warehouse.

Business Insider UK was among the first to be allowed to film inside the cult theatrical show.

Secret Cinema has shows running until July 8, 2018 and tickets cost between £45 and £110.

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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

Why Giving Advice To Friends Is Easier Than To Ourselves

Adam Grant is a professor at Wharton and author of “Give and Take: A Revolutionary Approach to Success” and “Originals: How Non-Conformists Move the World.” He explains why we are more likely to give better advice to our friends than to ourselves. Grant also outlines the shortcuts we use to make better and faster decisions and how they sometimes backfire.

Watch Adam Grant and Business Insider’s Sara Silverstein in “Why Are We All So Stupid?” on Facebook: https://www.facebook.com/whyareweallsostupid/

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Following is a transcript of the video:

Adam Grant: Have you ever given advice to a friend where you just felt like, “I just gave the best advice ever,” and then you found yourself in the same situation a few days later, and you made a horrible decision?

Sara Silverstein: Absolutely, I do it all the time. I’m a very good advice giver, very bad life-decision maker.

Grant: Yeah, what’s that about? Because they’re the same skills, right? Giving people advice on what to do and then making your own decisions. It’s the exact same thing. Except it’s not. It’s called Solomon’s Paradox.

Solomon’s paradox: we can see solutions to other people’s problems more clearly than our own

Grant: And the idea is that when you give other people advice, you look at the problem through a telescope, and you see the big picture, you focus on the two or three criteria that are really important. Whereas when you’re making your own decisions, you tend to look at it through a microscope, which is how we end up with these Excel spreadsheets that have 19 different columns, and then you’re adjusting the weights, how important is each factor in order to get the decision that you want.

And I think that this illustrates: it’s one thing to know what a good decision is; it’s another thing to be able to make that decision yourself. And because it’s so difficult, if you were to actually sit down and analyze every decision in your life, you could spend hours deciding, “Well, what time should I wake up? Should I wake up at 6:01 or 6:02? I mean, my whole life could be different because of that. What should I order to eat? Who should I call first this morning? Which way should I take to work?” These decisions, we could spend all day just making these potentially paralyzing decisions. We don’t want to do that. We don’t want to waste our time. So what we do is we develop what are called heuristics, which are sort of mental shortcuts.

Heuristics: mental shortcuts that help us make decisions but can be flawed and lead to cognitive bias

Grant: If I can say to myself, “Well, experts are usually correct.” I don’t have to analyze a bunch of decisions where there’s already expert opinion. And a lot of times those heuristics make us smart, and they make us much more efficient decision makers. The problem is we overapply them. And so we might end up in a situation where the heuristic was good the last nine times we tried it, but you know what, now the expert is wrong, and we haven’t really stopped to think about whether we can trust that expert in that situation.

$700B Investor Says Long-Term Rates Aren’t Going Much Higher

Robert Tipp is the chief investment strategist of PGIM Fixed Income, the $709 billion global fixed income asset manager within Prudential Financial. He expects the long end of the yield curve to stay low even as the Fed continues to hike rates. In this interview with Business Insider’s Sara Silverstein, Tipp explains why this will happen and the impact it will have on investors’ portfolios.

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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

Life Painting Class Uses Neon Paint To Colorful Art

Neon naked life drawing uses UV light to regular naked life drawing classes to life. Models use UV reactive props to add the to interactive, weird neon experience. Neon-colored crayons and pens are also provided so participants can draw in a variety of techniques, from pointillism to Pop Art.

See more from Neon Naked: https://www.facebook.com/neonlifedrawingclass/

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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

7 Ways The World Is Getting Better

This year, Harvard professor Steven Pinker topped Bill Gates’s top book list with Enlightenment Now, a book that challenges people’s questions about world progress. 

According to Pinker, the world is actually getting better. In his book, Pinker uses history and statistics to outline world trends which position progress within a broader context. With all of the data Pinker has collected, he suggests the world is actually getting better.

See more from “Enlightenment Now”: https://www.amazon.com/Enlightenment-Now-Science-Humanism-Progress/dp/0525427570

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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

Inside The Tricked Out World Of Japanese “Dekotora” Trucks

Japanese Dekotora trucks are works of art, literally, as the word “dekotora” means decorated. Trucks are furbished with wall fabrics, chandeliers, and even full rooms. At the height of the movement, these deko-trucks were used for actual work, despite their exorbitant price tag that could go up to $100,000.

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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

How To Land The Interview And Nail It

With such a competitive job market, landing the job offer is getting increasingly harder. Dave Carvajal, author of “Hire Smart From The Start”, explains how to set yourself apart from the competition. Following is a transcript of the video. 

Dave Carvajal: In a world where people are getting increasingly marketed to more and more, it’s important to be
able to make your point succinctly and effectively.

Carvajal: The biggest mistake that people make when it comes to writing a resume is, first of all, writing a resume. Oftentimes they will write a resume like a list of technical achievements, and so the resume will actually look like
a technical manual. Instead, they should be writing their resume like a marketing brochure. A list of benefits to the buyer. Think about the greatest value-creating experiences, the experiences they might have had working on a team and to use, not only action words, but use success-action words; active words. For example, ‘driving,’ ‘growing,’ ‘leading,’ are very positive, affirmative action words.

Carvajal: The best advice on cover letters is have them be short and to the point. Understand what the buyer is looking for. Have your cover letter be specifically targeted to the individual reader, and speak to them in their language. Use their words; use their values.

Carvajal: As an interviewee, it’s very important to make sure that you do research in advance so that you truly understand what are the core values of the organization, what is the culture, what are the things that they celebrate and promote, and really do the best that you can to understand and communicate the overlap between your own personal values, and the values of the organization. One of the best things that you can do in preparing for your interview, is making sure that you not only research the core values of the organization, but also research the growth of the organization and where they’re headed, where the puck is going in the marketplace, in the industry, for that business. Be able to communicate the decisions that you’ve made in your career, the values that you bring to the organization, and how certain experiences might make you uniquely qualified to help the organization grow and move into a direction that it’s looking to go into.

Carvajal:  Oftentimes, we spend too much time in the English language focused on the transactional exchange of words, when, rather, we should be communicating at a deeper level the core values and the beliefs that we have. Technical chops are only responsible for about 20% of the reason why someone will succeed or fail at any given company. More than 60% of the reason why anyone will succeed or fail at any company has everything
to do with whether their personal DNA matches the cultural DNA of the organization.

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What Can Rescue Stocks From A Trade War Disaster

US stock valuations are at historically high levels by most measures. According to Jurrien Timmer, director of global macro for Fidelity Investments, the possibility of higher trade tariffs could put pressure on valuations. Timmer writes, “Historically, tariffs levied on trade have been inflationary, and we know that there is a consistent inverse relationship between P/E ratios and inflation.”

Of course, when valuations compress, stock prices generally go down. Stock price is the numerator in a P/E ratio, so the relationship is baked in. Even though the correlation is strong, there are times when the total return on stocks has been positive, even as the valuation multiple declined. In fact, according to Fidelity’s analysis, this has happened 22% of the time over the past 100 years. Though, these periods, which he refers to as “benign valuation-compression regimes” require strong earnings growth.

Read the full note here: https://bit.ly/2GWl2eb

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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

Why North Korea Agreed To Meet With Trump

Ji Seong-ho is a North Korean defector currently residing in South Korea. He now runs an organization ‘NAUH’ helping other North Koreans escape. Here’s why he thinks North Korea suddenly agreed to a meeting with Trump.

Below is the following transcript:

Ji Seong-ho: North Korea is simply trying to buy more time. They aren’t willing to give up their nuclear program but are growing weary of the joint military exercises and the anger of the American public and its government. The same goes for Trump’s government. To ensure the security of the nation, negotiating with North Korea concerning their nuclear program and disarming this threat is their highest priority. And it’s come to ap oint where they feel the need to take real action against North Korea.

And this is troubling new for North Korea and they are quite scared as well. In reality, if you take a look at North Korea, it’s the government that’s afraid of staring a war, not the people. The people can survive through wars but the North Korean government survives by exploiting its people and bullying other countries. It’s a good life for them but starting a war would endanger all of that, not to mention their lives. Although North Korea likes to brag about their successful missile launches and nuclear tests, they still need more time to complete their program. I think this meeting is to buy that very time.

Also Kim Jong-Un is being pressured to make a move as the public sentiment towards him is very bad. Kim Jong-Un promised his people a paradise to live in in just five years. His father said the same thing and so did his father before him. The people were unsure whether he could be trusted but gave him a chance nonetheless. In the end, Kim Jong-Un couldn’t keep his promise. On top of that, the trade sanctions have increased the living costs and made the lives harder for the people. To these people who are used to surviving without aid from their government, they can’t understand its obsession with the nuclear program.

And Kim Jong-Un has to resolve this by making a cooperative gesture towards the world. Last year, after their sixth successful test, they declared themselves a nuclear power and promised the end of famine for all its people. Less than a week later, they contradicted themselves by warning people of another possible famine in the near-future. People are growing upset over the incompetence of their government. People are pressuring the government to take real actions and Kim Jong-Un tried to ease this tension at home during the PyeongChang Winter Olympics, gesturing for harmony with South Korea and giving people hopes for more foreign aids and increase in their quality of lives.

With everyone having different agendas for this meeting, everything depends on North Korea’s attitude. I think for a change to come out of this meeting, North Korea must accept its own mistakes and be open to ending their nuclear program.

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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.