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10 Minutes With Janice Nadworny: Part One
We get to know the co-director of Food 4 Farmers, a nonprofit organization fighting food insecurity in coffee communities.
BY CHRIS RYAN
BARISTA MAGAZINE ONLINE
Photos courtesy of Janice Nadworny
In the June + July 2020 issue of Barista Magazine, we interviewed Marcela Pino, who co-founded Food 4 Farmers nearly a decade ago with Rick Peyser and Janice Nadworny. The organization works in Mexico, Guatemala, Nicaragua, and Colombia, and aims to achieve sustainable, community-appropriate solutions to hunger. It helps farmers assess and implement solutions to food insecurity, including growing food and starting new businesses to supplement their income from coffee.
In addition to showcasing Marcela in the current issue, we wanted to shine a light on her Food 4 Farmers co-director, Janice Nadworny, who had an unlikely journey through the world of Wall Street before ending up in the coffee world. In the first section of this two-part interview, we learn about Janice’s upbringing, her time in the financial sector, and her journey to the coffee world.
Janice (front row, center) at the SCA Expo in Boston in 2013 with fellow Vermonters. Also pictured, front row at right: Rick Peyser (Food 4 Farmers co-founder and current board member); middle row: Martha Caswell (Food 4 Farmers former board member), co-director Marcela Pino, Sean Greenwood (former board member), and Ben & Jerry’s co-founder Jerry Greenfield; and back row: Charlene Lewey (former board member and chair) and Bill Mares (current board member).
Chris Ryan: First, can you tell us a bit about your childhood?
Janice Nadworny: I grew up in Vermont. My parents were from the Bronx, and when my dad got a job offer from the University of Vermont in 1952, he and my mom moved up, then had four kids. My dad loved it here, and we spent most of our time outside, all year long—and generally out and about in nature (because there wasn’t much else to do).
Music and art were essentials at my house. My mom had been an artist before she started teaching, and she played piano. We all played musical instruments. I was in the Vermont Youth Orchestra, spent my time making art and writing, and my room was full of pets. And we read everything—books, comics, whatever. They were our drugs. After all, we had two teachers for parents!
What was the coffee situation like in your household growing up?
My first coffee memory was walking into the local A&P and smelling that amazing coffee smell. There was a big grinder in the middle of a slanting wood floor, with chaff all over.
My parents drank coffee daily: Mom drank Sanka, Dad drank Maxim. They brought the percolator out for every party. I started drinking coffee in high school when I lived in France as part of an exchange program in Bergerac, near Bordeaux. My French mom made café crème with a croissant every day for breakfast, and I was hooked. Unfortunately, there was no such thing back home in Vermont at the time.
What did you study in school, and what did you originally think you might pursue professionally?
I’ve always loved the natural world, gardening, travel, learning languages, art, music, and writing. Because Vermont is so close to Montreal, I studied French, then Russian in college. (Both are useless for my work in Latin America.)
I wanted to be a wildlife biologist, but when I found out I’d have to take organic chemistry, that dream ended. I loved art, but my always-practical mom encouraged me to take my dad’s economics class. I was fascinated by the concepts of economic value, systems, and power, and their real-world consequences.
Janice (third from left) with (from left) Christopher Hendon, Adam Pesce, Laila Ghambari, Hanna Neuschwander, and Josh Hockin at East Coast Coffee Madness in 2018.
Can you describe the journey to you ending up on Wall Street, and a bit about your time there?
My dad had lots of former students who ended up on Wall Street. My boyfriend’s dad was working for Salomon Brothers, and he encouraged me to apply for a summer internship. So, I moved to New York in 1976, working in the back office of Salomon’s London branch. [There were] lots of luminaries, including Henry Kaufman, who did a regular weekly economic briefing for all interns. The guy that got me the job was on the international arbitrage desk. I’d visit him and see Billy Salomon holding court, smoking his giant cigar. I had no clue what I was doing. I ended up running the back office, and they offered me a full-time job. I turned it down to finish college, then went to work for the First National Bank of Chicago on the Institutional Money Desk, where I ended up as their top salesperson.
There were very few women on the trading floor at that time, and we all got the crap accounts. I was 21 years old, so I got the crappiest ones. I had nothing to lose, so I’d call prospects and tell them where they could find the best rates at other institutions. After a while, they began to appreciate my honesty and started investing with me. The rampant misogyny and sexual harassment were brutal—there wasn’t even a name for harassment, much less legal recourse. After three years, I moved to Boston, and closer to home where I managed the City of Boston’s $500 million retirement fund, then worked for Fidelity Investments and then Colonial Management, where I headed up Shareholder Communications. My challenge was to translate investment jargon into language someone like my grandmother could understand. By the early ’90s, the mutual fund managers could no longer explain how the securities in their portfolios worked, and I thought to myself, wow, they’re making it up! It turned out to be true, and I was done.
Janice with Sandy Yusen, formerly of Green Mountain Coffee.
Can you describe why you ended up leaving Wall Street to return to Vermont? What did you do professionally back in Vermont, and how did that lead to you starting to work in the coffee realm?
My dad died in 1992, and I wanted to be closer to my mom, so I came home. It was time, anyway—working in the investment industry took a toll. I need to feel like I’m doing some good in the world and not just living for myself, and that business was completely incompatible with my personal value system. Initially, I was curious to see if financial markets could be reformed to allow for a bit more of wealth-sharing, I came to realize that this system would never reform itself—maybe around the edges, but not the shift that was necessary.
So, I emigrated to the nonprofit world. I took a job with the University of Vermont as director of the Annual Fund. My mom warned me about toxic university politics, but I thought, how could it be worse than Wall Street? Turned out, it was.
After several years at UVM, I started working as a nonprofit consultant, helping small NGOs, and did some financial writing for Fidelity and other firms, until the next meltdown in 2008. At that point, I was finally done with financial services, took a fundraising job at Grounds for Health, and discovered coffee.
Check back tomorrow for the remainder of this interview!
The post 10 Minutes With Janice Nadworny: Part One appeared first on Barista Magazine Online.
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More Venezuelans struggle in US as their country implodes
By Gisela Salomon, AP, April 23, 2017
MIAMI--People crowd outside a church near Miami’s international airport, chatting about family and friends left behind in Caracas, Valencia and Maracaibo as they wait more than an hour to receive rice, beans, yogurt and other food for their families.
At a storage space not far away, about 60 other Venezuelans line up for free sheets, towels, cookware and other goods donated to help them get on their feet in their new country.
Volunteers at South Florida social service organizations say they have seen an increasing number of Venezuelan seeking help. It’s a reflection of the deteriorating situation in Venezuela, where the opposition has held massive protests against President Nicolas Maduro for his handling of the economy and a Supreme Court decision that briefly stripped the opposition-led congress of most of its power.
“I never thought I would need to receive food but the time has come and I don’t have a choice,” said 26-year-old Venezuelan lawyer Alejandra Mujica, who was among about 80 people waiting outside Our Lady of Guadalupe Catholic church one recent afternoon.
Venezuela was once among Latin America’s most prosperous countries, with the world’s largest proven oil reserves. During good times, Venezuelans who came to the United States largely did so as tourists or to go shopping.
But the Venezuelan economy is now in freefall due to a plunge oil prices and poor economic planning under the socialist government created by the late President Hugo Chavez, who took office in 1999, and continued under his successor, Maduro. The situation has grown worse because of capital flight and a crime rate that is among the highest in the world.
Venezuela’s economy shrank 18 percent in 2016 and is expected to contract another 8 percent this year. It has the highest inflation of any country and its people scrounge for basic necessities.
About 18,000 Venezuelans applied for political asylum in the U.S in 2016, the largest group by nationality and more than double the 7,300 applications Venezuelans filed in 2015. Many of them are expected to be denied.
The Venezuelans who came to United States during the Chavez years tended to be wealthier, often members of the elite whose businesses had been seized in expropriations or whose economic clout was perceived as a threat. In the U.S., they often obtained legal residency with investment visas, opening enterprises in South Florida, where most have settled.
Many of the Venezuelans now seeking food and other assistance in South Florida were once middle class professionals who decide they could no longer tolerate increasing misery, crime, food shortages and lack of medical care in their homeland.
“Venezuela has become unlivable,” said Javier Corrales, a Venezuelan professor of Latin American studies at Amherst College in Massachusetts.
Mujica, the young lawyer seeking help at the church, said she barely survived back in the city of Valencia, waiting in two-day lines to buy whatever was available in the supermarket. After she was robbed of her phone at gunpoint, she and her husband decided to flee in September with savings of $3,500 and not much else. “There was no way to go on,” she said.
At the storage space, 29-year-old Carmen Elena Rodriguez also found herself in unfamiliar territory. She earned a master’s degree in education in Caracas and now sells drinks at a farmers market to support herself. “It’s not easy what we are going through, but this assistance makes the road a little easier,” she said as she picked up donated dishes, a lamp and other items.
Often the economic and political motivations Venezuelans give for leaving their homeland are hard to separate.
Andreina Molina, 34, said she and her husband sold their electronics store and moved to the U.S. last year in part because of the economic deprivation and the crime, but also because she belonged to an opposition party and had been threatened for participating in anti-government marches.
“I came because of the insecurity, because of the political persecution, the lack of food and for my kids,” she said.
They spent their $10,000 in savings on the birth of a baby and other medical care. Her husband now drives a tow truck and she sells homemade pastries. “It has hit us hard. Sometimes we don’t even have enough to pay the rent,” Molina said.
The number of Venezuelans in the U.S. has tripled to around 273,000 since the year after Chavez was elected. The vast majority have settled in the Miami area, which has a large number of people from Latin America but a high cost of living.
It is common here to encounter Venezuelans who are former accountants and managers working in low-level jobs or trying to make ends meet by pulling shifts with ride-sharing companies such as Uber and Lyft. Some do not have legal immigration status and can’t work legally at all.
“They sell their homes, they sell their cars and they come here with a little bit of capital that vanishes in a matter of months,” said Eduardo Gamarra, a professor of political science at Florida International University.
Amid these struggles, charitable organizations have emerged to help them. A group whose name translates as Venezuelan Roots was started last year to provide clothing and household items at the storage space. The Catholic group St. Vincent de Paul also has helped the Venezuelans. Most of the need is concentrated in Doral, a city near the airport, where many of them live.
Patricia Andrade, one of the founders of Venezuelan Roots, said she sees a desperation in the newer arrivals that wasn’t there with those who came earlier.
“Before, the people prepared for their move,” Andrade said. “Today, they are just looking to escape the horror.”
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8 Great Family Friendly Things To Do In Dallas This October
Go See a Sandlot Game with Jack White
12-time GRAMMY® Award-winner Jack White is one of the owners of Warstic, a Dallas based company manufacturing baseball gear. That makes it seem a little less random when I say, Jack White will be playing in a fairly star-studded sandlot baseball game in Dallas this month.
The Warstic Woodmen will take on the Reverchon Rats! Professional baseball player Ian Kinsler will be joining the Woodmen for this game, as well as all members of the The Raconteurs and a few other folks that happen to be available. Their opponent, the Reverchon Rats, are a rag tag group of players that call the park their home field. It will be an entertaining evening in downtown Dallas, all to benefit the Friends of Reverchon Park.
Price: Free to attend, but they will be taking donations for charity.
When: First pitch is at 5:30pm, Tuesday, October 8th
Where: Reverchon Park Baseball Field - 3600 Henson St, Dallas, TX 75201
Tickets: N/A
Experience Israel From The Comfort Of A Dallas Museum
Last year, a Dallas museum commissioned Israeli born photographer David Salomon to photograph some of the incredable historical sites of Israel. This is a collection of remarkable photos, of a remarkable place, taken by a remarkable man. As ILive said last month:
"the gallery – just a few steps away from an Andy Warhol exhibit – is unlike most photos of Israel I've seen. Salomon's photos include a Mosque, landscapes, and caves so distant from the almost clichéd photos of Israel showing the Dome of the Rock towering over Jerusalem." This exhibit may be the best way to experience Israel without a passport.
Price: Standard Admission is $15, but if you mention the "I Live In Dallas" article, you will get half off that ticket price.
When: Wednesday-Saturday 11am-5pm & Sunday's 1pm-5pm all month
Tickets: Click Here or pay when you arrive
Where: The Museum of Biblical Art in Dallas - 7500 Park Ln, Dallas, TX 75225
Autumn At The Arboretum Featuring It’s the Great Pumpkin, Charlie Brown
It's the the 14th year, Autumn at the Arboretum, presented by Rogers-O’Brien. Come see the nationally acclaimed Pumpkin Village featuring pumpkin houses and creative displays utilizing more than 90,000 pumpkins, gourds and squash.
The festival opened on September 21 and runs through October 31. With the theme, “It’s The Great Pumpkin, Charlie Brown,” The Dallas Arboretum’s favorite fall festival features a ‘Great Pumpkin’ topiary; Linus, Sally and Franklin topiaries looking through the pumpkin patch; Snoopy and Woodstock topiaries sitting atop his dog house.
Price: Between $12 - $15
When: 9am-5pm daily this October
Tickets: Click Here or pay when you arrive
Where: Dallas Arboretum and Botanical Gardens - 8525 Garland Rd, Dallas, TX 75218
Dallas Theater Center Presents 'In the Heights'
Note: If you haven't heard of this musical, you've almost certainly heard of another musical by its creator Lin-Manuel Miranda (Hamilton). Well, this is the show that won Miranda his first Tony Award.
In The Heights is the tells the universal story of a vibrant community in New York’s Washington Heights neighborhood – a place where the coffee from the corner bodega is light and sweet, the windows are always open and the breeze carries the rhythm of three generations of music. It’s a community on the brink of change, full of hopes, dreams and pressures, where the biggest struggles can be deciding which traditions you take with you, and which ones you leave behind. In the Heights is the winner of the 2008 Tony Awards® for Best Musical, Best Score, Best Choreography and Best Orchestrations.
Price: Between $20 - $150
When: October 4th - October 20th
Tickets & Show Times: Click Here
Where: Dee and Charles Wyly Theatre - 2400 Flora Street Dallas, TX 75201
Book Tour With Babish
One part chef, one part filmmaker, and a generous dash of irreverent YouTube personality, Andrew Rea is the creator and star of the hit YouTube show, Binging with Babish, one of the most popular web-based cooking shows of all time. His passion for teaching and experimenting in the kitchen is rivaled only by his love of film and television, both of which he endeavors to share from his New York City kitchen.
Price: Between $45 - $100
When: 8pm October 27, 2019
Tickets: Click Here
Where: Dee and Charles Wyly Theatre - 2400 Flora Street Dallas, TX 75201
DFW Kid's Directory Fall Fest 2019
The cool and crisp autumn weather is the perfect complement for DFW Kid’s Directory Fall Fest, which will be held on Saturday, October 19th from 10 am – 2 pm located at the Dallas Farmers Market, a family destination. With a focus on family and fun, Fall Fest will feature everything we love about fall: the beautiful colors, fall decorations, arts and crafts, tons of activities, fall treats, and much more. The event will feature dozens of exhibitors specializing in family related businesses and services. Fall Fest is fun for all ages, free to attend, and open to the public.
Price: Between: A donation for the Ronald McDonald House
When: 10am - 2pm October 19, 2019
Info: Click Here
Where: Dallas Farmers Market - 920 South Harwood Street Dallas, TX 75201
Marquee Moments
Kick-off rivalry game weekend at Marquee Moments in Klyde Warren Park! Coca Cola, Holiday Inn and Holiday Inn Express present a 90 minute live mini music festival and pre-game rally on October 11th from 4 - 10 PM. Whether you're cheering for the Texas Longhorns or Oklahoma Sooners - there's no better place to be - complete with food trucks, Coca-Cola giveaways, musical performances by surprise artists… and so much more!
Price: Between: Free
When: 4pm - 10pm October 11, 2019
Info: Click Here
Where: Klyde Warren Park - 2012 Woodall Rodgers Fwy, Dallas, TX 75201
How I Became A Pirate by The Artisan Center Theater
Sail off on a swashbuckling musical adventure when a band of comical pirates lands at North Beach looking for an expert digger to join their crew. Based upon the popular children's book.
Book, Music and Lyrics by JANET YATES VOGT AND MARK FRIEDMAN
Based upon the book “How I Became a Pirate” Written by Melinda Long and Illustrations by David Shannon.
When: October 4th & 5th.
Info: Click Here
Where: Klyde Warren Park - 2012 Woodall Rodgers Fwy, Dallas, TX 75201
Header "Dallas, Texas" by Stephen Downes
The post 8 Great Family Friendly Things To Do In Dallas This October appeared first on I Live In Dallas.
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Unlock the secrets to becoming a self-made billionaire.
What do Elon Musk, Larry Page, Oprah Winfrey and Michael Ilitch all have in common, apart from being famous? They’re all self-made billionaires, each one of them at the helm of huge business empires. But that’s not all they have in common. When you look at the success stories of these and other entrepreneurial giants, you begin to see a pattern of underlying skills and abilities. It’s no coincidence they are all at the top – so what are their essential skills?
Self-made billionaires excel at juggling multiple ideas and perspectives.
What does it take to be a billionaire these days? To reach such heights, you have to approach your goal very differently than the average entrepreneur. In a constantly changing world, you no longer have the luxury of focusing on one thing at a time; you have to learn how to juggle multiple ideas.
Self-made billionaires maintain multiple ideas and perspectives, both big and small, at all times. Most people and companies will try to focus on one thing at a time to avoid complications. But others, like Bill Gates, achieve their success by operating in an environment of dualities, managing multiple ideas and actions simultaneously.
Bill Gates demonstrates not only the success of handling multiple ideas, but also of juggling multiple companies at the same time. It’s a little known fact that while running Microsoft, Gates also started Corbis, a photo and video licensing company, as well as Cascade Investment, a holding and investment company.
This mindset of embracing duality, of juggling different ideas and investments at the same time, are common among producers. These are people who have a clear vision and bring innovative ideas to the table. Producers can unite the right kinds of people and know how to use all their resources to their advantage.
On the other side of coin are the performers. These are talented and highly specialized people who excel in a specific field. We can look at Lynda and Stewart Resnick, the couple behind the successful juice company POM Wonderful, as an example of how producers and performers work together successfully.
Lynda is a natural born producer who brought together all her skills to identify a great product and create the right marketing strategy to sell it. Stewart is the performer who balances the budget and oversees the company’s operations and finances. This way, Stewart can keep Lynda in check if she goes overboard in the creative department and can make sure the company continues to make a profit.
Self-made millionaires have creative ideas that keep consumers in mind.
So what is the unique set of skills that enable self-made billionaires to reach this elite level of success? A billion-dollar business idea begins with something called empathic imagination: a merging of creative ideas with an understanding of and empathy for potential customers’ needs.
To come up with these ideas, billionaire producers must be experts in divergent thinking, that is, freeing your mind to allow for competing ideas in order to find a novel solution to a problem. For example, in the early 1980s, finding information on different mutual funds was a time-consuming process. Entrepreneur Joe Mansueto empathized with how frustrating this was for investors, and came up with a solution to assemble the information and make it easier to digest: he took $80,000 of savings and created Morningstar, a publication that would provide investment data in a simple and accessible format.
Mansueto’s thinking paid off. Mutual funds went on to become a mainstream investment tool and, as a result, Morningstar became a leading investment research and management firm.
Blockbuster ideas like this are the product of empathy and insight that comes from years of market research, as well as a gut feeling for what investors and customers want.
This was the case for Hui Lin Chit during the 1970s in China. He started by manufacturing zippers for clothing and later founded an apparel company; neither business turned out to be a smashing success. But Mr. Chit knew precisely who his target customers should be, namely low-income women in rural China, and understood their needs well.
Mr. Chit would seize the opportunity when a friend brought up the subject of sanitary napkins. Mr. Chit bought a machine to manufacture them for $80,000 and produced a product that was cleaner, safer and preferable to what his customers were using at the time. His company, Hengan International, is now one of China’s leading domestic manufacturers.
Running a multi-billion dollar business requires the right mix of time and timing.
The old saying is true – time ismoney. But for a billionaire idea, it’s also true that timing is money. Self-made billionaires know the importance of when to be patient and when to take action.
Take Steve Case for example. During the 1970s, he took ten years to patiently gain experience at companies like Procter & Gamble and PepsiCo before taking action and forever changing the way we communicate as the co-founder of America Online (AOL).
Steve Case saw his opportunity in 1984 when his brother introduced him to Control Video, an early interactive video game company. This venture was ultimately unsuccessful, but it connected him to the people with whom he would go on to create AOL. Some people might have called AOL an overnight success – but Case jokes that, to him, it was ten years in the making!
As you can see, to be a self-made billionaire, you have to be patient and await your chance. But you also can’t hesitate to take action when presented with a once-in-a-lifetime opportunity.
Alex Spanos is one such billionaire who seized the moment. Spanos started out selling sandwiches to migrant farm workers in California. But he saw an opportunity when the local farmers kept asking him if he knew where they could hire more workers. After all, more workers would mean greater demand for his sandwiches.
When Spanos drove down to the Mexican border town of El Centro to see what he could find out, he met another farmer who had just hired 350 new workers and desperately needed housing facilities for them. Spanos jumped at this chance as well, and agreed to help the farmer – even though he wasn’t exactly sure how. He ended up investing the profits from his sandwich business into building homes for the workers.
His willingness to take action paid off. The resulting housing facilities became his first step into the real estate market, a business venture that would ultimately make him a billionaire.
Self-made billionaires apply their imagination and innovation at every stage of product development.
So let’s say you have that billion-dollar idea. Now comes the question of how you successfully get that idea into the marketplace!
This is done through inventive execution, a process that combines imagination and design to bring problem-solving products into the market. This is something great producers do: they think up a new product while simultaneously designing it for optimum value.
As a result, producers can take action even when a market appears saturated by redesigning or changing an existing product to reach a broader audience. By reevaluating a product’s design, pricing, method of delivery and marketing, you can take it from a niche market into the mainstream.
This is what Micky Arison did as CEO of the cruise ship company Carnival Corporation & plc. He was only in his thirties when his father named him his successor at the head of the company. And with only three ships in their fleet, business was slow.
But Arison was eager to make an impact and redesign the cruising experience in a way that would turn the company into a billion-dollar business. To do this, he decided to market cruises as something everyone could afford, not just the wealthy. So, he dramatically expanded the number of ships in the company’s fleet to lower costs and, by the late-1980s, Carnival was the leading cruise brand worldwide.
When you pay attention to the details of product design, you’ll see that ideas powered by inventive execution can flourish when inserted into major markets.
Billionaire producers have a different attitude toward risk than other entrepreneurs.
Since our current economic climate is constantly changing, being a risk taker is essential for survival. But are successful entrepreneurs always rewarded for extreme and fearless risk taking?
What billionaire producers have is a relative view of risk. In contrast to other entrepreneurs, this gives them a better assessment of their potential gains against their potential losses.
Studies show that billionaires actually don’t take more or greater risks than the average entrepreneur. According to renowned scientist Daniel Kahneman’s theories on human decision making, what separates billionaires from other people is that they are simply less afraid of losing what they have in the pursuit to earn more.
Zhang Yin displayed this attitude when she decided to shut down her successful paper-trading company in Hong Kong and start over in the United States. The risk paid off: with her husband, she launched the company America Chung Nam, which became the leading paper exporter in the United States and made Zhang Yin one of the richest people in China.
It doesn’t always work out so smoothly. But even when losses happen, future billionaires will display perseverance and try again.
This resilience can be seen in former New York City mayor Michael Bloomberg. In 1981, after eight years of employment and having become the company’s head of equity trading, Bloomberg was fired from his job at the Salomon Brothers investment bank. Despite his credentials, he had a hard time finding a new job. But he didn’t give up.
Instead, he decided to start the financial software company Bloomberg L.P. The company grew to over 15,000 employees and has spawned a radio network and TV station. Bloomberg took yet another successful risk in 2002 by leaving his company to launch a political career as the mayor of New York City.
These examples show us that producers are not afraid to risk what they already have when opportunity knocks. And their persistence in the face of setbacks shows us that success can come from being open to new ideas, taking chances and learning from our mistakes.
Self-made billionaires know how to partner to create synergistic effects.
It should be noted that most self-made billionaires didn’t transform their ideas into multi-billion dollar enterprises alone; this was accomplished by finding the right partner: a performer.
Putting together the right producer and performer is like finding the yin and yang of a successful business. The right partners will complement each other with their respective skill sets and will show a mutual trust and support that allows the other to succeed.
One such famous partnership is that of Apple Computers’ Steve Jobs and Steve Wozniak. Both had a vision of launching a product that could change both people’s lives and the marketplace. And they both knew each other’s strengths and weaknesses when it came to doing business: Jobs focused on the business side of Apple and Wozniak focused on product technology.
With this balance of responsibilities, producers and performers can each play to their strengths and grow their business as efficiently as possible.
Consider Mike and Marian Ilitch, who turned Little Caesars Pizza into the United States’ third-largest pizza restaurant chain.
Because of his empathic imagination, Mike took on the producer role, spending hours in the kitchen testing recipes and coming up with the famous marketing slogan “Pizza Pizza”. As a self-taught accountant, Marian took on the performer role, managing the finances and helping Little Caesars grow to a $2 billion company.
You can think of a producer without a performer as a bird without wings. They might know where to go, but without the necessary help, they won’t be able to take off. Combined with empathic imagination, a relative view of risk, patient urgency and inventive execution, business partnerships are the final key to billion-dollar success.
Billionaires thrive in a world full of complexities due in large part to their ability to practice dual thinking. With enough training and dedication, anyone can develop and increase their working memory and juggle multiple ideas. By honing these mental habits, you can take your first big steps toward a business breakthrough.
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New world news from Time: China Hits Back at Trump’s Trade Tariffs With $50 Billion Hike on U.S. Goods
China announced boosted tariffs on U.S. goods including soybeans, aircraft and vehicles worth an estimated $50 billion Wednesday, retaliating for a similar scale hike on Chinese merchandise proposed by the Trump administration for alleged Chinese Intellectual Property theft, in the latest salvo of what business leaders fear may now escalate into a full-scale trade war.
On Tuesday, the Trump administration published a list of some 1,300 Chinese products it plans to slap with a 25% tariff. The Chinese Embassy in Washington immediately condemned the move, saying, “Such unilateralistic and protectionist action has gravely violated fundamental principles and values of the WTO.
“It serves neither China’s interest, nor U.S. interest, even less the interest of the global economy,” it continued, adding, “As the Chinese saying goes, it is only polite to reciprocate.”
That riposte took just hours to arrive. It’s notable that the many agricultural products listed would seem to target Trump’s base, and particularly the home constituency of current U.S. Ambassador to China Terry Branstad, the former governor of Iowa, one of whose principle exports is soya.
The U.S. tariffs, in turn, appear targeted, covering a wide range of products including aerospace parts, high-definition color video monitors, electromagnets used in MRIs, as well as machinery to make or process textiles. According to the South China Morning Post, U.S. officials identified items that “benefit from Chinese industrial policies, including Made in China 2025,” referring to China’s strategic gambit to dominate a raft of high-tech industries.
Read more: It’s Not Just China’s Retaliatory Tariffs That Should Worry U.S. Businesses
Trump has long justified increasing tariffs on China by saying that unfair trade practices by Beijing has cost 6 million American jobs and caused 60,000 factories to close. However, his campaign bluster had been tempered after coming into office, as the U.S. President has sought assistance from his Chinese counterpart, Xi Jinping, to thwart the threat of North Korea’s nuclear arsenal.
But the recent replacement of moderate members of his inner circle with China hawks seems to have rekindled the bellicosity of the stump. In late March, Trump announced tariff hikes of 25% on steel and 10% on aluminum that American manufacturers have slammed as increasing their production costs.
“We’re in a place where we thought we wouldn’t be back in 2017, when it seemed Trump’s mercantilist instincts had been turned by the ‘economic grownups,’” says Prof. Nick Bisley, an Asia expert at La Trobe University. “But he now seems to have around him enablers.”
Trump based his volcanic campaign on the specious notion that the U.S. trade deficit with China costs American jobs. Last year, the U.S. imported goods from China worth about $506 billion, with the trade deficit between the world’s two biggest economies rising to a record $375.2 billion last year.
However, according to Rob Salomon, associate professor of International Management at the NYU Stern School of Business, trade deficits may actually help the U.S. by flowing dollars back into the economy and keeping American interest rates low.
“This makes mortgages less expensive, this makes business loans less expensive, and this makes capital to start businesses less expensive,” he says.
Given the huge trade disparity, the U.S. has the wherewithal to hit China harder with tariffs, by virtue that American consumers buy more Chinese goods. But the fear is that China may use American investment in China or geopolitics as an alternative cudgel.
Read more: How China Could Use ‘America First’ to Its Advantage
On Tuesday, Xu Haidong, assistant to the secretary-general of the China Association of Automobile Manufacturers, told China’s state-run Global Times, “If there were a trade war, U.S. automakers are likely to discover quite quickly that their access to the Chinese market is limited.”
Were the reciprocal action to spiral, “U.S. exports and imports will fall, punishing millions of Americans, from hog farmer to low-income families living on tight budgets,” says Daniel Griswold, of the Mercatus Center at George Mason University. “We should advance our national interest by working cooperatively with our friends, not by provoking an escalation in wealth-destroying tariffs.”
Regarding geopolitics, Chinese sanctions enforcement has been key to getting North Korea Supreme Leader to agree to historic negotiations with South Korean President Moon Jae-in in April and Trump in May. Then late last month, Xi hosted Kim for a pomp-filled “unofficial visit,” the young despot’s first with another world leader, despite a deteriorating bilateral relationship in recent years.
“The hardening of American rhetoric on trade likely led Xi Jinping to open the door up to Kim Jong Un, with whom he’s not happy,” adds Bisley. “Under normal circumstances North Korea would pay a higher price for the kind of visit they had.”
April 04, 2018 at 03:06PM ClusterAssets Inc., https://ClusterAssets.wordpress.com
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Peach Quinoa Salad + September Goals #MotivateMe Monday
Happy Monday!
I set a goal awhile ago to share more recipes here but to do so also means I have to experiment more in the kitchen. This weekend I took the girls to the Milton Farmer’s Market and the market was full of fresh peaches and because we were going to a BBQ that night I thought “Hey! Why don’t I make a peach quinoa salad”. So that’s what I did.
Peach Quinoa Salad
2017-09-03 18:16:21
This Peach Quinoa Salad is a delicious salad for any summer party, or a great potluck dish! Double the recipe, because it goes fast!
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Ingredients for the dressing
1/4 cup chopped parsley
1/4 cup lime juice
1 tsp. agave nectar or honey
1 tsp. sea salt
1/2 cup olive oil
Ingredients for the salad
3 cups cooked quinoa
1 Tbsp. chopped parsley
2 fresh Peaches, cut into chunks
1/2 cup dried cranberries
1/2 cup diced cucumber
1/2 cup diced red pepper
1/4 cup red onion, diced
Directions for the dressing
Mix the first 5 ingredients in a bowl; set aside.
Directions for the salad
Add the other ingredients together in a larger bowl.
Mix in the dressing. Garnish with parsley. Serve.
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Enjoy those summer peaches in this peach quinoa salad #recipe
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September Goals
Run more often – there are 4 weeks of September this year, so my goal is to go for 16 runs (4 runs/week). EDIT – at an average of 7km/run I’m aiming to run 115km or more this month.
Strength train – more go to my boot camp class at lunch 7 times this month (2 classes/week).
Less alcohol – resist the urge to have a beer in the evenings (unfortunately this might be the hardest goal to accomplish)
Nutrition – more protein, less baked goods and log my meals with Myfitnesspal.
Races in September
I have one “race” this month. On Friday-Saturday this week I’ll be participating in Ragnar Trail Cottage Country with my team “Chek Squad”. This is a three loop relay style trail race. Each runner will run each of the loops one after another until all team mates have run the three loops. The total distance each runner will run is 24km – my 115km goal for the month includes this distance.
Sport Chek is our team sponsor for the race and they’ve provided us each with two outfits and Salomon trail running shoes. I picked out the Salomon Speedcross 4 CS shoes:
For my first outfit I picked out this open back Under Armour Fly-by T-shirt, and Nike Women’s Epic Power Lux Running Crop Tights:
And for my second outfit I picked out another open back shirt (I really like the open back because they feel nice and cool while running) and a pair of short. This one is the Nike Women’s Breathe Elevated Running Short Sleeve Shirt, and the shorts are Nike Women’s Flex Revival Shorts:
August Recap
August was all about being more consistent with my training and working harder to lose some weight. I lost 4lbs and 2% body fat! I also set a goal of running 4 times a week, and to hopefully run a total of 100km. Guess what?
I did it!
Have a great week!
How was your training last month? What are your goals for September?
Join the #MOTIVATEME link up!
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1. Every Monday share your fitness, nutrition plan etc by linking them up. All you will need is your post’s URL, and a photo you would like to attach.
2. Posts that aren’t related will be deleted.
3.In your post, we would love it if you mentioned that you’re participating in #MotivateMe Monday link up, and link back to the hosts Salads 4 Lunch and Run Mommy Run.
4. Read what the other linkers are sharing, Visit at least 2 other bloggers’ posts and share some support by commenting and engaging with each other. The more you support, the more support you will get back.
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Simms Arapaima Pant - Men's Reviews
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