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Personal Finance Lessons From âThe Social Networkâ
Written by Joshua Ritchie
Tech geeks and Facebook enthusiasts are filling Americaâs theaters to see The Social Network, a film about Mark Zuckerberg and the founding of the now ubiquitous social networking site. We wonât spoil the plot for you, except to say that it does not paint Zuckerberg in an especially flattering light. Facebookâs founder (though wildly successful) is portrayed as being selfish, stuck-up and disloyal to his closest friends. (Not surprisingly, Facebook far from endorses the movie: Zuckerberg, according to the New York Times, has called the movie âfiction.â)
But while the movie is hardly a sterling example of etiquette, it does offer some outstanding big-picture lessons about personal finance and money management.
Be Decisive
For all Zuckerbergâs unsavory traits (and the movie portrays plenty) there is no denying his decisiveness. When the idea of allowing Facebook users to list their relationship status on their pages sprang to mind, he didnât scribble it down in a notebook and tell himself heâd do it later: he ran to his dorm across a snowy field in flip-flops to code it right away. When he decided to expand Facebook, he immediately dispatched marching orders to his team about infiltrating other Ivy League schools.
When it comes to our financial affairs, many of us are not nearly as decisive. Weâll skim through articles about investing or retirement planning, but how many of us would immediately invest into an index fund or set up an IRA? If you already have, great! If not, resolve to be more decisive about your money. As soon as it becomes clear that you ought to be doing something, get down to doing it.
Take The Long-Term View
For all his good intentions, Eduardo Saverin (Markâs then business partner and best friend) failed to see the big picture of what Facebook was becoming. Like any good businessperson, he looked at Facebookâs exploding user-base and saw something to be monetized. Thus, he constantly pressured Zuckerberg to start hooking up with advertisers and capitalizing on the popularity of the website. But Zuckerberg staunchly resisted. After all, he said: thousands of people were falling all over themselves to join Facebook every day, just the way it was. Cluttering up the site with ads could have destroyed Facebookâs growth for a relatively pitiful amount of money.
A similar lesson applies to you and your financial life. Like most people, you probably have long-term goals: maybe itâs home ownership, a new car, or the dream of some day starting a business. The only way to reach these goals is by making sacrifices in the short-term. Sure, you could theoretically spend your latest raise on a $5,000 wardrobe, but how long will that delay your dream of owning a home?
Keep Costs Low
One aspect of The Social Network that isnât getting much attention is how little money Facebook spent early on. Facebook (today worth over $25 billion) required just $19,000 in startup capital before getting VC funding. $19,000 is no small sum in most situations, but in light of what Facebook ultimately became, itâs barely a drop in the bucket.
The way Facebook stretched that money so far is by using it only for what mattered most: servers, good ones and lots of them. This concept is one we can all follow. In his New York Times best-seller I Will Teach You To Be Rich, Ramit Sethi tells readers to âspend extravagantly on the things you love, and cut costs mercilessly on the things you donât.â If you can live with bargain brand toilet paper or peanut butter or taco shells, for instance, there will be more money to spend on the entertainment, clothes or hobby that you truly love.
Do Your Homework
In The Social Network, Mark Zuckerberg is often seen bragging about how smart he is. If Harvardâs network security team really knew what they were doing, it wouldnât have taken them four hours to shut Facemash (Zuckerbergâs first website) down. If the Winklevoss brothers were truly Markâs intellectual peers, they wouldâve built Facebook instead of just thinking of something similar. Itâs easy to dismiss all of this as arrogance, but that arrogance was well backed by intelligence.
In personal finance as in business, it really does pay to be knowledgeable. Your financial life is important. While money isnât everything, the decisions you make about mortgages, savings and investments play a major role in shaping what kind of lifestyle you have. Luckily, you donât need to be a Harvard-educated genius to make smart financial decisions. Just do your homework. Educate yourself on key financial topics by reading books and articles. Be open to constructive criticism and continuously examine whether youâre on the right track.
Bonus:Uphands
The 15 Most Common Ways Girls Try to Look Hotter on Facebook
Written by joePA
The success of “The Social Network” at the box office this past weekend has many mid-20-somethings nostalgically reminiscing back to the days of “The Facebook” (circa 2004), long before the advent of so-called “privacy settings.” It was a carefree time when users needed a .edu e-mail address from a select network of schools and coeds openly posted party pics without any sort of inclination that their drunken, underage photos would seen by a prospective employer or, worse, a curious aunt or parent. Six years, hundreds of millions of users, and billions of theoretical dollars later, Mark Zuckerberg’s online Frankenstein continues to be the most culturally relevant social network on the Internet.
It also continues to be the ultimate online depository for women to upload photos of themselves. In turn, every warm-blooded man with a pulse and an Internet connection has squandered countless hours gawking at pictures of hot female friends â and friends of friends â on Facebook. After hours of our own thorough analysis, we’ve compiled the 15 most common photo tricks girls use to heighten their sex appeal and inflate their hottness in their Facebook photos. Check them out after the jump.
15. Posing for Group Photos with the Infamous “Angled-Knee Trick”
Facebook must have entire servers dedicated to storing photos that are a mirror image of the example above. When a group of girls huddle up to take a photo, the posture is almost universally the same: shoulders back, one knee slightly bent, and a foot forward at an angle. Points on the hotness scale skyrocket for showing some skin.
14. Posing for Group Photos with the Infamous “Strong-Arm Trick”
The so-called “Strong-Arm Trick” is pretty much a bastard cousin of the knee-out trick, as demonstrated above in the lake vacation photos of Oregon’s Cheerleading squad. It’s traditionally an optical illusion for tough girls (think rowers and field hockey players) to lose camera pounds in their arms. The basic protocol is a three-step process. First, the girl angles her body toward the camera. Second, she places her hands on her hip. Third, she pushes her funny bone back toward their shoulder so either (a) the muscle doesn’t bulge out or (b) flab on the front and back of her arm doesn’t jiggle when the photographer snaps the picture.
13. The Bend-Over Trick
Chicks love to show off how well they can do the ChaCha slide on Facebook by posing for pictures with their hands on their knees and their asses extended in full grind position. This is also a precursor to common way #9, below.
12. The Bend-Over, Squeeze-the-Boobs Trick
Yes ladies, we’re staring at your ones-and-twos. Unlike the traditional bend-over pose, the purpose of this classic Facebook photo is to highlight the subject’s glorious rack, thus taking the attention off of the girl’s face. It’s a blissful optical illusion for a butterface, and especially effective when the boobs are squeezed together.
11. The Girl-on-Girl Hug Trick
It’s a common pose for girls who wish to show their warm affection for each other.
10. The Cheek-to-Cheek Kiss Trick
This pose takes the affection one level forward. Also, note the boob-grab. It’s another common motif in many-a girl’s scandalous Facebook photos.
9. The Sex-Position-with-Another-Girl Trick
Even if it’s just a little innocent grinding, girl-on-girl doggystyle pics push the evenlope one step close to straight-up girl-on-girl lesbian action.
8. The Bathroom Mirror Self-Portrait Trick
This is without a doubt the most narcissistic type of Facebook photo. More often than not, the type of women who pose in the mirror aren’t even attractive. It’s a surefire sign of an attention whore who is usually so desperate for online gratication that she’s willing to turn the camera on herself in a bathroom mirror before blasting it out to the Internet. Unless it’s a photo of your buddy blacked out and hurling cheap vodka and Domino’s pizza at 3 in the morning, there’s nothing more disgusting than a Facebook photo taken in the same room dedicated to taking a shit.
7. The Bag-Over-the-Stomach Trick
Beware of the girl who has an enormous, over-sized purse over her abdominal region in every Facebook photo. The dining hall and all those empty beer calories were not kind to her freshman year. There’s an 85% chance she’s concealing a Roseanne-esque sumo stomach behind that expensive Italian Christmas present from Daddy. Or else she’s pregnant.
6. The Headshot Trick
Blah. Maybe in real life you’re a smoke show, but the world will never know. In fact, you’ve already sent the general public a message: “Pet rocks, cottage cheese, and aluminum siding have more personality than me.” It also screams: Don’t forget to tip your struggling-actress/model waitress.
5. The Profile Pic with an Hotter/Uglier Friend Trick
Some smokeshows go to bitchy extremes in order to look better, even when it involves falling on the proverbial grenade.
4. The Never-Smiling-in-a-Photo Trick
Ugh. These are almost as bad as the girl who posts a head shot as a photo. Seriously, just look at the camera already and stop pouting. This girl is quick to untag herself from any and every album. No matter how loaded this girl gets, there’s not a snowball’s chance in hell she’ll smile.
3. The Black and White Profile Pic Trick
Terrible acne? Paler than Tilda Swinton? No problem! All too often chicks resort to black-and-white profile pics as a nifty solution for fixing all those f-ugly blemishes without make up.
2. The Ass Shot Trick
Hey, if you got it, flaunt it. The ass-toward-the-camera, face-over-the-shoulder pose is a perennial favorite in BroBible’s office. There’s nothing like a great ass to take attention away from a girl’s other features. Unlike the example above, very few women have the hot, USDA-certifed rump roast to justify a decent ass shot.
1. The Duck Face Photo Trick
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Want to look like a skanky female D-bag? Channel your inner-Scrooge McDuck in a Facebook photo.
Bonus: What my Bioengineering Professor gave us today
30 Smart Time Management Tips and Tricks
Written by Karen Burns
Yes, yes, yes, you are very busy. Thatâs why you meet deadlines at the last minute. Or after. Thatâs why you cruise into meetings 15 minutes late. Itâs why you forget details or schedule two tasks for the same time or have 500 unanswered emails in your inbox. Itâs why you can never take a vacation, or even a full weekend off.
Or is it? Maybe poor time management is simply a bad habit. Maybe you can learn to organize and control your time better. Because letâs face it, time management is really self management.
[See 21 Secrets to Getting the Job.]
Consider taking a look at these classic time management tips. One, or two, or three, may work for you:
1. Obvious tip one: Make a to-do list (electronic or paper). Put the most important item first and work down from there.
2. Obvious tip two: At the end of your day, review what youâve done and make a new list for the next day. In order of importance.
3. Be ruthless about setting priorities. Make sure that what you think is important is really important.
4. Learn to differentiate between the important and the urgent. Whatâs important is not always urgent. Whatâs urgent is not always important.
5. Carry your to-do list with you at all times.
6. All things being equal, do the hardest, least fun thing first. Just get it over with!
7. If a task takes less than five minutes, do it right away. If it takes longer, put it on the list.
8. Deal with E-mail at set times each day, if possible. If you need to check messages as they arrive, limit your sessions to less than five minutes.
9. Schedule some uninterrupted time each day when you can concentrate on important tasks, even if you have to take refuge in a conference room or at the library.
10. Another approach: Before you check your E-mail or voicemail or get involved in the minutiae of the day, devote a solid hour to your most important project.
[See 50 Tips for Surviving Your Worst Work Days.]
11. For a couple of days, take an inventory of how you spend your time to find out where and how youâre wasting it.
12. Eliminate the time wasters (e.g., if personal phone calls are taking up too much space in your workday, turn off your cell).
13. Cut big jobs into small chunks. Order the chunks by importance. Work on one chunk at a time.
14. For big, complex tasks, schedule wiggle room. Projects tend to take longer than you think/hope. Give yourself a buffer.
15. If part of your day involves routine repetitive tasks, keep records of how long they take and then try to do them faster.
16. Go one step further and set specific time limits for routine tasks. Work tends to fill whatever amount of time you happen to have.
17. Establish smart efficient systems for all your tasks, big and small, and stick to them.
18. Value your time. People who wander into your workspace to chat do not respect you or your schedule. Set boundaries.
19. When and where you can, say no. Trying to do everything everyone asks you to do is a recipe for failure.
20. In general, guard against overscheduling yourself.
[See 39 Ways to Annoy Your Coworkers.]
21. Bottom line to items 19 and 20: Learn to delegate, wherever and whenever you can.
22. Aim to handle pieces of paper only once. Same for E-mails. Read âem and deal with âem.
23. Reward yourself for completing tasks on time. No fun stuff until the work stuff is done.
24. Organize and declutter your workspace so you donât waste time looking for things.
25. Schedule demanding tasks for that part of your day when youâre at your peak.
26. Group related tasks (e.g., sort papers on your desk and then file them). Itâs more efficient.
27. Use down time (e.g., waiting for meetings to begin) to, for example, update your to-do list or answer E-mails.
28. This advice applies to life outside work, too. Itâs better to be excellent at a few things than average at many.
29. Donât be afraid to get projects done early. It takes them off your mind, and it doesnât mean youâll just be given more to do.
30. Create the business environment that works for you. Adjust the lighting, turn off your E-mail pinger, get that cup of tea. Set the stage and get to work.
Karen Burns is the author of the illustrated career advice book The Amazing Adventures of Working Girl: Real-Life Career Advice You Can Actually Use, recently released by Running Press. She blogs at www.karenburnsworkinggirl.com.
Bonus: Math Teacher Fail.
Love Is A Rock
Written by Oral Adams
I canât tell whether or not this a good proposal or a horribly shitty one. There are parts of it that are more logical and make sense and there are parts that I donât feel are really true. Is a rock deepâŠ.or weak? I guess it could be. Can love be weak? You can have a weak amount of love, but if you truly have love, wouldnât it be strong? I think this guy was trying to be more clever than he really is. I wonder if she said yes. Maybe this whole proposal is supposed to be an oxymoron. In that case itâs brilliant. Either wayâŠ.thatâs a nice rock.
Bonus:Â Kitty of love
Best Simpsons Character Ever
25 Funny Yahoo! Answers
Collected by break
Sammich Solution
Mother Of The Year
The Snack With Only 2 Calories
Only A Chode Would Ask That
Sly Fapper
http://lh4.ggpht.com/_MsZb8mYFoCs/TKeqiMlEVdI/AAAAAAAALxI/qTEIARjCcW0/s576/5.jpg
Nerd Alert
Vegan Dilemma
Poor Mom Just Doesn’t Get It
Unresolved Question
Helping JoBu Out
Best Homework Site Ever
Outbreak!
Coolgirl Wants To Know…
Maybe She’s Related To John Coffey
The Spaghetti Incident
Fluffy O’Hare
Trees = Safe Sex
Thanks For The Tip
http://lh6.ggpht.com/_MsZb8mYFoCs/TKeqn-4bW9I/AAAAAAAALx8/utMZd4CYO6g/s576/18.jpg
Milk Maid
Special Sam
Future Rapists Of America
OH CRAAAAAAP!!!
Gotta Have Faith
The Answer Is Yes
Dumbass
BONUS:I’ve got your back forever Little Dude.
7 Best Android Phones in 2010
Written by todaytechnews
Best Android Phones
Looking for a good Android handset? The mobile market is flooded with Android phones. But getting a really good one is tough. So here is a list of the best android phones in 2010 to help you out.
Android mobile phones
The mobile market is changing and it is changing fast. Every day, you wake up to find a new product on the stands. The coming of the Android phones has taken the smart-phone market to an altogether different level. The Android market is being flooded with loads of products daily. This has increased options for the buyers. However, it has also made purchasing a phone lot more challenging. Choosing the right Android handset for your needs can be nerve-wracking if you have little knowledge about the products.
Tips to Buy an Android Phone
Here is what you need to remember before buying an Android phone.
- Software version â Go for higher OS versions. You can get better performance.
- Processor â The bigger the better is the formula here. 1 GHz versions are the safest buys.
- Keyboard â The more spaced out the keys are, the better will be your ease to handle them.
Take a look at some Android mobile phones of 2010 which have managed to tower over their competitors.
Best Android Phones in 2010
It is not every day that you buy a cell phone. So make a smart choice when you do. Go through this list to pick a product that goes beyond communication or entertainment and becomes a part of your identity. Here are some top Android phones in the market that deliver what they promise.
Google Nexus One
Weighing only 130 gms, this light handset from Google is loaded with Android 2.1 OS and gives iPhone a run for its money.
Top Features: 1 GHz Snapdragon processor, 5 megapixel camera, accelerometer, WiFi connectivity, digital compass. It is a 800 X 480 pixel and 3.7 âAMOLED touch screen.
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HTC EVO 4G
This killer machine provides 4G speed and comes with HD camcorders. If you have a need for speed, this is your thing.
Top Features: Two cameras â a 1.3 megapixel camera in the front and one 8 megapixel camera at the back; 4.3 âtouch screen, 4G network and WiFi internet support.
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HTC Wildfire
This slim and pocket-friendly baby from HTC is a terrific solution for those who love social networking on mobile.
Top Features: Android 2.1 OS, 118 gms weight, 240 X 320 QVGA display, 3.2â touch screen, 3G and WiFi internet support and 5 megapixel camera.
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Samsung Galaxy i9000
The sleek Samsung mobile is sure to blow you over with its looks and performance.
Top Features: Android 2.1 OS, 4â WVGA display, 1 GHz processor, Bluetooth support, two cameras â a VGA camera in the front and a 5MP camera at the back, WiFi connectivity and 2.5G network.
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Sony Erricson Xperia X10
This high-end smartphone from Sony comes with an elegant design and cool interface.
Top Features: 4â capacitive touchscreen, LED flash enabled 8.1 MP camera, 1 GHz Snapdragon processor, Android OS 1.6; 2G, 3G and WiFi internet support.
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Motorola Backflip
This exquisite Motorola model is a winner from the word âgoâ. With a large screen and an evenly spaced out keyboard folded beneath, this is a phone for every Android lover.
Top Features: 1.3â touchscreen, 320 X 480 pixel display; WiFi and GPS support, 528 Mhz processor, Bluetooth 2.0 and QWERTY keyboard.
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Motorola Droid
The most popular Android handset in the U.S, it is creating waves in the cell phone market.
Top Features: 3.7â WVGA touch screen, 480 X 854 pixel resolution, 169 gms weight, Android 2.0 OS, QWERTY keyboard, Bluetooth, WiFi internet support.
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These are some of the best Android phones in 2010. Make a smart choice and stun friends and colleagues with a cool Android product in your palm.
Bonus:Hilarious: Facebook Movie The Social Network In One Minute (Thanks, NMA!)
101 Free Alternatives to Commonly Used Paid Software
You can read this article from here
Bonus: Spider-Man’s Most Embarrassing Moment
60 Creative Examples Of Infographics
Collected by noupe
Today we have an exciting and enticing post which covers handy and innovative infographics. Infographics is basically derived from two words: âinformationâ and âgraphicsâ, and it stands for the graphical representation of data and information.
Data visualization techniques have been often used in modern maps to incorporate variety of information, for instance for network designs, destination points, and local landmarks. Letâs take a look at some creative examples of beautiful infographics.
Stunningly Creative Infographics
The Most Dangerous Cities for Walking
Glass Half Empty: The Coming Water Wars
Which Countries Have the Most Vacation?
Where Will the Next Volcano Erupt?
On Driving: Automobile History
Who Has Given the Most to Haiti
An Infographic Guide to Buying Your Own Island
SSSMOKIN! The Global Tobacco Trade
The Most Prescribed Psychiatric Drugs
The Rise of Walking and Biking
Subway Science: 500 Years of Great Scientists
Which Countries Invest the Most in Alternative Energy?
CHOOSE YOUR WEAPON â THE GLOBAL ARMS TRADE
RED TAPE â THE GOVERNMENT GRIND
Visualizing the US and China Trade Relations
Google Maps for Mobile timeline
Stealing the Show â The Global Movie Biz
The Great Pacific Garbage Patch
A Humorous Look at Infographics
Underskin: The Human Subway Map
The 2010 Social Networking Map
Where the Stuff on the Internet Comes From
Why do freeways come to a stop?
A Modern History of Human Communication
What are People Really Buying Online?
The Web 2.0 Points of Control Map
The Most Powerful Colors on the Web
Which Governments Demand Google Remove Information
Bonus:Beautiful picture of STS-133 rolling out to launch pad