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The No. 1 ‘counterintuitive’ piece of advice for job seekers in today’s market, says career coach

  • Career coach Brianna Doe, founder of Verbatim, advises job seekers to step away from their computers despite the pressing need for employment.
  • She highlights the importance of mental health, recommending activities like walks or engaging in affordable/free hobbies to maintain balance. Constantly filling out applications can be draining, impacting interview performance.
  • Doe also suggests leveraging free resources like ADP List for mentorship and resume reviews. Prioritizing breaks and utilizing strategic resources can enhance the job search experience.

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"Rs 15 Crore For 4 BHK": Techie's Video On Noida's Under-Construction Apartments Is Viral

  • An engineer from Delhi NCR, Kashish Chhibber, is gaining attention for his viral video on Instagram, showing under-construction apartments in Noida's ATS Knightsbridge project.
  • In the video, he revealed that a 4BHK costs ₹15 crore and a 6BHK goes for ₹25 crore. Chhibber expressed disbelief at these prices, questioning who could afford them and if he ever could, despite job switching, trading, or investing.
  • The post, which has over 4.4 million views on Instagram and 1 million on X, sparked astonishment and discussions about Noida's skyrocketing real estate prices compared to international property markets.

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Lenny's Newsletter

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General management, functional, and hybrid models: Which org design works best for top companies?

  • Moving from one organizational model to another requires careful consideration of the pros and cons of different approaches, including the general management (GM), functional and hybrid models.
  • Companies at various stages of their growth can benefit from adopting alternative models, according to former employees of firms including Square, Shopify, and Dropbox.
  • Decisions about organizational structure should be based on the company's current life cycle and values, as well as the type of product being offered.
  • When the company is in the early stages, the functional model predominates, while the GM model is typically considered when a company has multiple proven product groups and predictable outcomes.
  • Most companies prefer a hybrid model that combines aspects of both GM-led and function-led structures.
  • Two primary considerations are how close the company's North Star metric is to revenue and how critical the holistic customer journey is to product growth.
  • Functional models optimize growth by offering a cohesive customer journey, which integrates new products surfacing organically with existing ones.
  • Organizational design has downstream effects on a company's culture, as well as the types of talent it aims to retain.
  • Companies also need to consider whether they can support redundant teams with the functional approach, while GM organizations often take a hybrid approach.
  • Embracing a new organizational model requires careful planning and execution, as well as communication that ensures company leaders, teams and employees are on the same page.

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HR Employee In Singapore Jailed For Giving Herself $148,000 In Unauthorised Pay Raise

  • A 53-year-old HR employee in Singapore, Tan Lee Nah, was sentenced to 18 months in jail for embezzling $148,000 from her company, D'Perception Singapore.
  • Starting in May 2017, just two months after joining, she submitted false expense claims until she was caught in November 2019. Tan used the funds for her child's tuition and her parents' medical bills.
  • She was the only one with access to the payroll system and manipulated it for personal gain. Her scheme was discovered when an employee saw her inflated salary statement, leading to an investigation and her subsequent guilty plea on June 3, 2024.

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3 ways to ask anyone for an informational interview, according to a Harvard career advisor

  • Informational interviews are invaluable for career growth. They’re informal chats that help you learn about roles, industries, and potential opportunities. To get one, Harvard advisor Gorick Ng suggests different approaches based on your familiarity with the person.
  • For direct contacts, remind them how you know each other, share your career goals, and request a meeting.
  • For second-degree connections, ask a mutual friend for an introduction, explaining your career interests.
  • For strangers, research commonalities, introduce yourself via LinkedIn or email, and request a brief chat.

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Bengaluru techie quits Rs 14 lakh pa Oracle job, moves to village in Ladakh

  • Ayan Biswas, formerly a software developer at Oracle, chose to leave his Rs 14 lakh per annum job and settle in Likir, Ladakh. After a transformative two-week holiday in 2020, he found solace in the remote village's serene environment.
  • Amid the pandemic, he extended his stay, eventually quitting his job in May 2024 to pursue his passion for photography and teach analog printing workshops.
  • Despite initial ties to Bengaluru, Biswas found peace in Likir's slower pace and now offers workshops from his home studio. His decision reflects a shift towards a more fulfilling lifestyle rooted in artistic expression and community engagement.

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American CEO faces backlash for social media post on firing employee

  • Matthew Baltzell, CEO of Cap X Media, sparked controversy with a LinkedIn post detailing the firing of an employee in a brief 10-minute meeting, praised for its directness but criticized for insensitivity.
  • He shared offering a severance package and reference, and notifying the team via Slack to avoid secrecy. While some commended his transparency, many condemned the public post as inappropriate and out of touch.
  • Critics on social media likened it to past incidents, labeling it as self-serving and questioning its leadership value. The backlash underscores concerns over privacy and empathy in handling employee terminations.

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1 key thing you need at work to love your job—no salary or perk ‘will actually make up for’ not having it

  • Renowned psychotherapist Esther Perel emphasizes that the quality of your relationships significantly impacts job satisfaction. She asserts that good company perks can't compensate for poor relationships at work.
  • Supporting this, a Gallup poll reveals that having a best friend at work doubles job satisfaction. To build strong workplace relationships, career experts recommend: reaching out to colleagues as soon as you're hired, volunteering for extracurricular activities to interact outside the office, and being consistently friendly and available.
  • Building these bonds is essential for a fulfilling work life, enhancing both job satisfaction and overall happiness.

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Netflix co-founder reveals role of work-life balance in his success

  • Netflix co-founder Marc Randolph attributes his successful career to maintaining work-life balance, emphasizing the importance of Tuesday night dates with his wife.
  • For over 30 years, Randolph had a strict cut-off at 5 pm every Tuesday, dedicating the evening to his wife, no matter the circumstances. This unwavering commitment involved activities like going to movies, dining out, or window-shopping.
  • Randolph believes these rituals kept him sane and provided perspective on his work. He shared that nothing, including meetings or crises, interfered with his Tuesday evenings, underscoring the value of prioritizing personal time.

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How To Land A Dream Job Quickly In 2024

  • Update CV strategically: Focus on key sections like profile and skills with recent achievements and relevant keywords.
  • Network actively: Use LinkedIn and industry events to seek referrals and unadvertised opportunities.
  • Target roles effectively: Apply for positions closely matching skills to expedite hiring.
  • Tailor applications: Customize each application to showcase alignment with job requirements.
  • Follow up promptly: Send polite follow-up emails post-application or interview to reinforce interest.

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Lenny's Newsletter

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Making an impact through authenticity and curiosity | Ami Vora (CPO at Faire, ex-WhatsApp, FB, IG)

  • In this podcast episode, Ami Vora, CPO of Faire and ex-product leader at Facebook, Instagram, and WhatsApp, shares insights into successful product execution, building cross-functional relationships, and handling high-stakes product reviews with executives.
  • Ami shares that while strategy is important, execution ultimately drives success. Strong execution allows you to learn from both triumphs and setbacks which help in refining and improving the strategy over time.
  • When having a disagreement, she suggests phrases that fuel genuine interest in learning like 'Fascinating! You have to tell me more about why you think that'. She also shares the 'hill climb' metaphor to remind teams that achieving the best outcome demands risk-taking and perseverance through challenges.
  • Feedback for women in leadership roles often comes with added layers of personal critique about style rather than just content. Learning to interpret this feedback and deciding how to respond is crucial.
  • Ami stresses the importance of having a shared narrative and using metaphors to communicate your vision.
  • Ami shares her journey from temp hire to VP of Product and Design at WhatsApp, culminating in her current role as CPO at Faire. She gives tips on working well with product-minded founders.
  • The conversation also covers strategies for conducting effective product reviews and using imagery to communicate vision. She also talks about being a female leader in tech and offers advice to young women in tech.
  • The last part of the podcast includes lightning round questioning.
  • Overall, the episode provides insights into developing relationships, executing strategies, giving and receiving feedback, communicating with your team and customers, building an organization, and scaling products.
  • The podcast is created and marketed by Pen Name, sponsored by Sidebar, Anvil, and User Testing.

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The Growth Catalyst

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Mastering the 'Product Metrics That Matter'

  • Product Metrics That Matter (PMTM) is a collection of metrics that give a complete picture of a product.
  • PMTMs can be difficult to master since a great metric for one product could be a terrible one for another.
  • Understanding the usefulness and relevance of a metric will be determined by four variables: product, company, industry, and end users.
  • A startup fitness product raises its annual membership cost to $1,000 for 500 active members using offline fitness centers.
  • In determining PMTMs for this startup, PICE (Product, Industry, Company, End User) framework is applied.
  • For the startup, its goal is to reduce subscriber churn since it’s the biggest growth problem.
  • Metrics focused on user experience like user-focussed metrics, customer journey funnel, and average ratings are used to determine PMTMs.
  • The PMTMs for the startup are: acquisition, activation, referrals, and churn.
  • Focusing on PMTMs that reinforce each other and affect the one metric that matters most will significantly help in tracking and goal setting.
  • Data can be used to see which of the input metrics has higher correlations with churn, thus narrowing focus further.

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This salary phrase in job descriptions is ‘useless,’ says recruiter; here’s how to make sense of it

  • A recruiter criticizes the phrase "competitive salary" in job postings as vague and unhelpful, citing its increasing use despite lacking clarity on actual pay.
  • Job seekers are advised to research their market value using tools like Glassdoor and Payscale, and to delay salary discussions until later interviews. The article suggests asking the hiring manager about expected compensation and avoiding disclosing salary history prematurely.
  • Negotiation tips include letting the employer propose figures first and offering a flexible salary range only if pressed repeatedly. The goal is to empower candidates with strategies for navigating ambiguous salary expectations effectively.

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Red flags that suggest a job posting doesn’t offer a ‘competitive salary’ as it claims, recruiters say

  • Avoiding Salary Discussions: Recruiters or hiring managers refuse to discuss compensation or delay the conversation repeatedly, suggesting uncertainty or an attempt to delay negotiation.
  • Focus on Non-Monetary Perks: Excessive emphasis on office perks rather than salary may suggest the compensation package isn't competitive. While perks are valuable, an imbalance raises concerns.
  • Persistent Lack of Clarity: If after several interviews there's still no clarity on pay, it could imply the company is indecisive or potentially exploiting late-stage leverage. Clear communication is crucial early on to avoid wasting time.

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Indian founder reveals why he’s moving family back to Bengaluru

  • Aakash Dharmadhikari, co-founder of AI platform Realfast, is relocating his family from Singapore to Bengaluru, citing Singapore's perceived perfection as making life too comfortable for his daughter.
  • In a social media post, he expressed a desire for her to experience life's uncertainties, which he felt Singapore shielded them from.
  • Despite acknowledging the challenges of India's chaotic pace, he humorously admitted to having grown "soft." Dharmadhikari, who began his career in Bengaluru, noted a nostalgic return to friends and perhaps a readiness for the Indian hustle after seven years abroad. His decision has sparked a mix of understanding and caution from commenters.

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