1/20 Q. “What are the best and worst things about being a CEO?”
A. “If you don’t like working 24/7 7 days a week, this job is not for you; also, it’s a little bit of being a school teacher, meaning like, you know, I have 150 employees, the company I ran

2/20 “before @CelsiusNetwork had 1,500 employees, and every day you have issues: The kids are fighting, somebody didn’t show up to school, somebody forgot their lunch, you name it. A lot of kind of making sure that everybody is happy. Also, if you think of it like OK, you
3/20 “have a bus, but you need to fill it with people and you need to make sure that everybody gets put in the right seat on the bus. If you put the wrong person in the driver’s seat or on the brakes, or whatever, holding the door from opening, keeping the windows
4/20 “closed, disaster will happen. So a lot of it is kind of looking at the macro things that make a company successful. For example, for me with @CelsiusNetwork, we had a lot of employees who kept saying to us, ‘You’re giving too much to the community, we’re never going to
5/20 “‘break even, we’re never going to be profitable’; even CEL token, they kept saying, 'CEL token is stuck at $0.03 for a year and a half.' It was stuck at $0.03. You could have bought millions of CEL tokens for $0.03, it’s now $3.00.
6/20 “So a lot of people were saying, ‘Look, it’s never going to go up.' And I’m like, no, you just have to wait until the community is big enough and then enough of them are going to earn in CEL and we’re going to be buying millions.
7/20 “Now we’re buying $3 million every week, $3 million worth of CEL token out of the market; we are sucking it like a vacuum cleaner. Now it’s easy, now everybody is a genius, 'of course CEL token.' But buying it at $0.03 and believing that the flywheel and everything
8/20 “and acting in the best interest of the community and scaling this… Just believing in the fact that people will give us $4 billion was something -- even my employees were saying, ‘C’mon, Alex.’ So as a CEO, you have to be not just steadfast but you have to have so much
9/20 “conviction. If you show 1% of uncertainty to your employees, then they run away, because they’re like OK, even our leader doesn’t believe in it. So even if you have doubts yourself, you’re not allowed to show any emotion.
10/20 “They say the CEO job is the most lonely job in the world because you can’t share anything with anyone; you can’t share your fears, you can’t share your — you can only share your excitement, but you cannot share anything that is not positive with anyone because it
11/20 “propagates like cancer very, very quickly. If you’re not confident or you don’t see a great future or whatever, the employees just leave, they have plenty of opportunities; they can jump ship in a minute and go and work somewhere else. It is a very difficult job.
12/20 “Again, this is my 8th time being CEO, so for me I’m doing it in my sleep. But if you’re a first-time CEO and you’re facing all these challenges, there’s no one to talk to. Who are you going to talk to? Your VP of finance or your head of sales? Your mom? 'Mom, I need help!’
13/20 “That’s why we say ‘Leaders are not born, they’re made.' Having that experience, being able to manage people, being able to lead people, being able to solve problems faster than they — because with a startup, the problem is, if you have a major problem, it will bring down
14/20 “the whole company if you don’t solve it fast enough. So you don’t have time. You got to solve it real quick. And here, we have the lives and the savings of 250,000 people in our hands, so the responsibility is huge. It’s not like, OK, Alex is going to lose a little
15/20 “bit of money. This is $4 billion of people's — this is their college fund, their dream for retirement, them taking care of their parents, them paying off their loans; it is their livelihood that is in our hands. So we don’t take it lightly. We really understand the weight
16/20 “on our shoulders. That’s why, again, we’re not trying to get you 200% like some of these crazy crypto projects. We are promising high single digits, because we don’t want to take — the key is to earn as much as possible by taking the least amount of risk.
17/20 “On March 12th #bitcoin crashed 40% in 12 hours. We walked out of it smelling like a rose. Everybody else had billions of dollars in liquidations; they lost most of their customers. But also, when the market went up like crazy, we kept paying the same rate; we didn’t go
18/20 “like DeFi and say, oh, here’s 300% return or whatever. Slow and steady wins the race here. We always say that the winners in crypto are the people who finish the race, you don’t have to be number 1, it doesn’t matter if you’re number 1,000.
19/20 “As long as you HODL and you got your coins and the coins increased in value, you’re going to do exceptionally well. You don’t need to be the guy that dies with the most dollars; that doesn’t matter. For most people, they take leverage or they do all kind of
20/20 “crazy stuff, that’s not what we recommend. We are definitely trying to find the safest way to get there, to get to financial retirement.” — Alex Mashinsky | Should You Use Celsius Network? The Truth w/CEO Alex Mashinsky YouTube Interview | Dec 24, 2020

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Should we go into the details of these 125 years?


SA is built on the exploitation of labour. That labour has functioned on alcohol unfortunately. Very few people consume liquor purely for enjoyment unfortunately. When SAB opened its doors 1895 workers were paid in alcohol- the dop/tot system. 2 years into SAB's establishment

The Prohibition Act is introduced. This means black people are barred from buying your wines, beer etc. So SAB's products are exclusively for white people. But during this period beer brewing by Black women is the norm. Ayinxilisi ncam ke this type of beer. Apparently it had some

Nutritious elements to it. Now some of the context around drinking culture during this time is migrant labour to the mines, further land dispossession, the Anglo-Boer Wars, Rhodes corruption (our first state capture commission if you will) which leads to his resignation.

This context plays a role in how our cities and small towns are constructed, how they lead to the confinement and surveillance yabantu. Traditional beer brewing is identified as a threat because buy now mining bosses have identified that there's money to be made here.
There are so many #HotTakes on the future of news and tech and digital this week. Now nearly half a year distant (and what a year - 2020, ugh!) from CEO and board @mcclatchy, I'd like to add a few thoughts: 1/


As @jbenton said in @NiemanReports : @mcclatchy transformation shows it STILL is possible NOW 'to be operationally profitable while still doing good journalism.' Not easy; Covid made it harder. But POSSIBLE and DONE by the great team in 2020 @mcclatchy. 2/

As @jbenton wrote: the #DIGITALTRANSFORMATION @mcclatchy 'shows a company that has managed the digital transition better than most; at last public count, it was making nearly half its ad revenue in digital and digital subscriptions were up 45% year-over-year.' Such focus 3/

On the future is digital is the SOLE way the still-powerful brands of local news and information will be able to have a business in the inevitable 'printless' future (Not today, not tomorrow, but printless someday) 4/

And the crisis in local news is relentless, unabating and by most measures WORSENING. More titles going dark; huge losses to our communities, because solely a blend of new digital startups AND existing footprint offer the scale 5/

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THREAD: 12 Things Everyone Should Know About IQ

1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE


2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less.
https://t.co/UqtS1lpw3n


3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)

(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)


4. IQ predicts many important real world outcomes.

For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3


5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
1

From today, we will memorize the names of 27 Nakshatras in Vedic Jyotish to never forget in life.

I will write 4 names. Repeat them in SAME sequence twice in morning, noon, evening. Each day, revise new names + recall all previously learnt names.

Pls RT if you are in.

2

Today's Nakshatras are:-

1. Ashwini - अश्विनी

2. Bharani - भरणी

3. Krittika - कृत्तिका

4. Rohini - रोहिणी

Ashwini - अश्विनी is the FIRST Nakshatra.

Repeat these names TWICE now, tomorrow morning, noon and evening. Like this tweet if you have revised 8 times as told.

3

Today's Nakshatras are:-

5. Mrigashira - मृगशिरा

6. Ardra - आर्द्रा

7. Punarvasu - पुनर्वसु

8. Pushya - पुष्य

First recall previously learnt Nakshatras twice. Then recite these TWICE now, tomorrow morning, noon & evening in SAME order. Like this tweet only after doing so.

4

Today's Nakshatras are:-

9. Ashlesha - अश्लेषा

10. Magha - मघा

11. Purvaphalguni - पूर्वाफाल्गुनी

12. Uttaraphalguni - उत्तराफाल्गुनी

Purva means that comes before (P se Purva, P se pehele), and Uttara comes later.

Read next tweet too.

5

Purva, Uttara prefixes come in other Nakshatras too. Purva= pehele wala. Remember.

First recall previously learnt 8 Nakshatras twice. Then recite those in Tweet #4 TWICE now, tomorrow morning, noon & evening in SAME order. Like this tweet if you have read Tweets #4 & 5, both.