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Most recently published stories in Journal.
Midlife Career Change Advice From Baby Boomers to Millennials
Millennials are "lazy, entitled narcissists," according to Baby Boomers. Hold on Millennials, before you make this about yourselves you should know that Baby Boomers contemplated and made midlife career changes long before you felt the need to take a semester off to find yourselves in Europe. When workers make the critical decision to leave one career for another, where do they end up?
By Richard Owens8 years ago in Journal
Origin of ‘Always Be Closing’
Children and successful business men have more in common than you may think. One of the first few things they learn in their formative years of life as a child or a businessman are their ABCs. "A-B-C. A-Always, B-Be, C-Closing. Always be closing, always be closing." These words, spoken by the character played by Alec Baldwin in the 1992 film Glengarry Glen Ross, based off of the play of the same name written by David Mamet, was hardly a new idea when it was quoted in the movie. Always Be Closing is a mantra that is commonly used to teach those who are new to sales. But the repetition of this ideal doesn't stop at the learning process. Always Be Closing is a business rule that is used over and over for the duration of a salesman's career. The phrase has been used for decades when instructing salespeople to build careers and maintaining a goal when in a business setting and is one of many terms in the business lingo.
By Journal Staff8 years ago in Journal
Best CEO Quotes I Use For Wisdom
In a world where there are no politicians left to look up to, there are few places to turn to for leadership. CEOs of successful companies have guided my thought process and belief systems as far back as I can remember. From the time I was 13, my father would regularly buy me books on famous CEOs. Till this day I continue to consume their wisdom. These are the best CEO quotes that have given me continual inspiration and wisdom.
By Frank White8 years ago in Journal
What Great Leaders Do Differently
I have always asked myself what separates great leaders from those who aren't titled the same. When great leaders do things right, they inspire people working with them, but great leadership does not just come on a platter. A true leader is noteworthy and someone to be observed in action. They have exemplary characteristics that stand out. Not everyone is a natural born leader but everyone has the capacity to be a great leader. There is no one formula for great leadership but there are some things that great leaders do differently that clearly place them in a category all their own.
By Richard Owens8 years ago in Journal
What is a Bear-Hug and a Godfather Offer?
If you hear talks about a godfather offer or a bear-hug, you might assume you are being invited over for a movie marathon, or that someone wants to give you a warm embrace. While that may be the case, in business lingo these terms often indicate that a lot–a lot–of money is at stake.
By Rachel G. David8 years ago in Journal
'Boiler Room' Still Makes Traders Sweat
Revisiting Boiler Room after watching The Wolf of Wall Street is like being lied to after a horrific accident. Both movies are based on Jordan Belfort’s misadventures at the Long Island penny stock scam factor Stratton Oakmont but that’s about where the similarities end. Boiler Room is the movie for those outraged at Wolf’s lack of redemption. It’s the happy ending version of a tale that really has no happy ending. But it still is not too bad, even if their version of Belfort, named Michael Brantley, is played by a mealy-mouthed Tom Everett Scott. He shows up every half hour or so before skulking back to his office. Not a very bad boy compared to Leonardo DiCaprio’s whoring, coke-snorting Belfort. Instead, the focus is on a conscience-stricken junior broker, played by Giovanni Ribisi, who acts as a sort of audience surrogate. In this sense, Boiler Room is rather traditional. No morality here. The really bad guys get punished, and the audience is left feeling righteous.
By Frank White8 years ago in Journal
History of the Michelin Man
The tire industry achieves an average of $32.1 billion in sales annually. Michelin accounts for 12 percent of these sales. Michelin is one of the three largest tire manufacturers in the world, comparable only to Bridgestone and Goodyear. Michelin manufactures tires for space shuttles, aircraft, automobiles, heavy equipment, motorcycles, and bicycles. Their original product was bicycle tires, and the evolution of the company is mirrored within the evolution of its recognizable mascot, the Michelin Man.
By Chelsea Pullano8 years ago in Journal
Why Acquiring 'Star Wars' Was One Of Disney’s Greatest Purchases
From Pixar to Marvel to Star Wars; Disney has acquired some of the biggest businesses in entertainment. Over the last few years, Disney has worked hard to expand its horizon to encompass many different business aspects. By absorbing the companies, as well as their followings, Disney is becoming the pinnacle of many different fan bases in various genres of media and entertainment. The history and success of Disney coupled with the legacy of Lucasfilm set the Star Wars franchise up for the 2012 rebirth while still keeping to the importance of the series. George Lucas gave the world a whole new standard of filmmaking and viewing, and Disney is going to keep those expectations high with The Force Awakens,Rogue One, and more for years to come.
By Isaac Shapiro8 years ago in Journal
How Revlon's Charles Revson Pioneered the Cosmetics Industry
Charles Haskell Revson was an American businessman and philanthropist who is best known as the pioneering cosmetics industry executive who created and managed Revlon through five decades. When Elka, the cosmetics company he worked for, did not promote him to the position of national distributor, Revson decided to go into business for himself.
By Chelsea Pullano8 years ago in Journal
Why Does 'Sex Sell,' and Should It?
It’s no shock that corporate, advertising culture and sex go hand in hand. As the old adage goes, “sex sells,” and it has been doing so for centuries. The Mad Men-esque sex appeal in advertising has been around since the beginning of the field. From billboards to woodcuts, illustrations, posters, signs, and television ads, sex has ingrained itself into our culture. At the beginning, it was typically portrayed in ads for saloons and tobacco, with attractive women naked from the waist up.
By George Gott8 years ago in Journal