• we cover more than 1,000 news per day, in 2 languages, and 83,000 stocks
Light Dark
it
italian it
english en

Tech billionaire shares his 5-word piece of advice for a successful future: ‘I get up every morning' with it in mind

www.nbcsandiego.com 24-12-2024 06:15 3 Minutes reading
If you ask Nandan Nilekani, the key to being successful in today’s ever-changing job landscape is simpler than you think.Nilekani co-founded Infosys, an information technology (IT) and consulting firm, in 1981, serving as CEO from 2002 to 2007 before creating Aadhaar, the world’s largest biometric identification system, in 2009. His contributions to the tech landscape helped him reach billionaire status, with a current net worth of $3.6 billion, according to Forbes.As tech and AI changes workflows, and anxiety around the future of work looms, Nilekani says people should focus on building the soft skills that artificial intelligence can’t replicate.“Be curious, connected and relevant,” he told LinkedIn CEO Ryan Roslansky in a recent episode of “The Path” newsletter. “I get up every morning wanting to learn new things, and I keep my mind open.”It’s a mantra that’s propelled Nilekani throughout his career. The 69-year-old grew up in India in the ’60s and early ’70s, where parents had strict rules for their kids’ careers, he said: either be a doctor or an engineer.Nilekani chose engineering, but went to a college his father didn’t approve of, and chose electrical over chemical engineering, again, to his father’s dismay. He graduated from IIT Bombay in 1978 and became obsessed with a new technology, mini computers, shortly after.He got a job at Putney Computer Systems, the company developing the new tech, under N.R. Narayana Murthy, who would later call on him to co-found Infosys, where Nilekani currently serves as a non-executive chairman.Nilekani credits most of his success to his hunger for information and the excitement that learning new things brought him, insisting that curiosity made him successful, not a love for business. “I’m an accidental entrepreneur,” he told Roslansky. “It’s not that I set out my life to be an entrepreneur, but once I got into it, I realized this was my calling.”Be inquisitive or be ‘stagnant’Being eager to learn is an invaluable soft skill, according to successful executives like fellow billionaire Mark Cuban and Amazon CEO Andy Jassy.“I can pretend that I’m gonna be able to predict where AI’s going and the exact impact on the job market, but I’d be lying, I have no idea,” Cuban said in October. “But I do know that I am gonna pay attention, and be agile, and be curious, and be able to adapt.”For Jassy, staying connected and relevant about new skills and the world around you is essential for a prosperous career — those who choose not to are bound to be “stagnant,” he said in a July 2024 video posted by Amazon. In 2022, 19% of American professionals were in jobs that are the most exposed to AI, in which the most important tasks may be assisted or replaced by AI, according to Pew Research Center. As that number potentially rises with tech innovation, Nilekani believes soft skills will keep people on a fast-track to success.“The future is about what only humans can do,” he said. “Empathy, compassion, connecting the dots ... Remain curious, connected and relevant.”Want to make extra money outside of your day job? Sign up for CNBC’s online course How to Earn Passive Income Online to learn about common passive income streams, tips to get started and real-life success stories.Plus, sign up for CNBC Make It’s newsletter to get tips and tricks for success at work, with money and in life.

Info

Related news
Top Wall Street analysts pick these dividend stock...
05.01.25 04:10
by nbcsandiego.com

Top Wall Street analysts pick these dividend stocks for 2025

Major U.S. indices had a good run in 2024, thanks to the buzz around artificial intelligence and interest rate cuts. However, macro uncertainty could weigh on investor sentiment in 2025. In this scenario, investors looking for regular income can consider adding dividend stocks to their portfolios.Top Wall Street analysts can help investors pick attractive dividend stocks that offer consistent payments, supported by strong fundamentals.Here are three dividend-paying stocks, highlighted by Wall Street’s top pros as tracked by TipRanks, a platform that ranks analysts based on their past performance.Ares CapitalWe start with Ares Capital (ARCC), a specialty finance provider that offers financing solutions to private middle-market companies. With a quarterly dividend of 48 cents per share, ARCC stock offers a yield of 8.7%.In a research note on the 2025 outlook for business development companies (BDC), RBC Capital analyst Kenneth Lee reiterated a buy rating on ARCC with a price target of $23, calling the stock RBC’s favorite BDC name for 2025.“ARCC has a leading position in the BDC space, with benefits from scale, strong originations engine in the Ares direct lending platform (coverage across all MM segments), and ~20 years of experience and solid performance in the space,” said Lee.The analyst highlighted ARCC’s ability to offer flexible capital across various financing solutions for clients as differentiating it from its peers. Lee also noted other strengths, including the company’s impressive history in managing risks through the cycle, access to the resources of the Ares Credit Group, and scale advantages, given that it is the largest publicly traded BDC by assets.Lee also emphasized ARCC’s dividends, which are backed by the company’s core earnings per share and potential net realized gains.Lee ranks No. 23 among more than 9,200 analysts tracked by TipRanks. His ratings have been profitable 71% of the time, delivering an average return of 18.1%. See Ares Capital Ownership Structure on TipRanks.ConocoPhillipsWe move to ConocoPhillips (COP), an oil and gas exploration and production company. In October, the company delivered better-than-expected third-quarter earnings and raised its full-year output guidance to reflect the impact of operational efficiencies.Moreover, ConocoPhillips raised its quarterly dividend by 34% to 78 cents per share and boosted its existing share repurchase authorization by up to $20 billion. Based on an annualized dividend per share of $3.12, COP stock offers a dividend yield of 3%.In a research note on the U.S. oil and gas outlook, Mizuho analyst Nitin Kumar upgraded ConocoPhillips stock to buy from hold and raised the price target to $134 from $132. “COP offers an enviable combination of long-duration inventory, a fortress balance sheet and peer-leading cash returns,” said Kumar.The analyst noted that the pullback in COP shares since the announcement of the Marathon Oil acquisition indicates that moderate inventory dilution resulting from the deal has already be...

Sentiment
0.27
Bearish/Bullish
50