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Business Leadership: Key Words for Effective Leadership

In the world of business, leadership is a crucial component of success. Effective leaders possess certain qualities that enable them to inspire, motivate, and guide their teams toward achieving their goals. One way to become a successful business leader is to master keywords and phrases that communicate your vision, values, and expectations to your team. 

 Will explore some of the most important words for effective business leadership.

Vision 

A strong leader is defined by their vision. It is the driving force that sets the direction for the entire organization. To communicate your vision effectively, you need to use inspiring, clear, and concise words. Some examples include “innovation,” “excellence,” “growth,” “customer-centric,” “diversity,” and “sustainability.” Using these words consistently in your messaging can motivate your team to work towards a common goal.

Accountability 

Accountability is a critical component of leadership. It involves taking ownership of your actions and holding your team accountable for their performance. As a leader, you need to use words that emphasize the importance of accountability, such as “responsibility,” “transparency,” “integrity,” “discipline,” and “consequence.” Using these words in your communication can create a culture of accountability that promotes high performance and ethical behaviour.

Communication Effective 

Communication is key to successful leadership. It involves listening to your team, giving feedback, and providing clear instructions. As a leader, you need to use words that facilitate communication, such as “listen,” “clarify,” “feedback,” “empower,” “collaborate,” and “trust.” By using these words in your communication, you can establish open channels of communication that foster collaboration and innovation.

Adaptability 

In today’s fast-paced business environment, adaptability is critical for success. It involves being flexible, agile, and responsive to change. As a leader, you need to use words that encourage adaptability, such as “flexibility,” “agility,” “innovation,” “resilience,” “risk-taking,” and “experimentation.” Using these words in your messaging can create a culture that embraces change and encourages your team to adapt to new circumstances.

Empathy 

Empathy is an essential quality of effective leadership. It involves understanding and caring for your team members’ needs and perspectives. As a leader, you need to use words that demonstrate empathy, such as “compassion,” “understanding,” “emotional intelligence,” “support,” “inclusivity,” and “humility.” Using these words in your communication can create a culture that values diversity and promotes psychological safety.

Conclusion: 

In conclusion, effective business leadership requires using keywords and phrases to communicate your team’s vision, values, and expectations. You can become a successful business leader who drives your organisation towards success by mastering words that inspire, hold accountable, facilitate communication, encourage adaptability, and demonstrate empathy. Remember, words have the power to motivate, inspire, and transform. Use them wisely.

An undivided passion for light

The company

Founded in 1990 as a family business, Griven Srl is now one of the most dynamic manufacturers in the international outdoor architectural lighting market panorama. The organization designs and engineers its standard and custom solutions specific for any lighting design need in Italy. Griven’s lighting fixtures are based on a solid made in Italy tradition, strong sustainability values, constant innovation capability, continuous research and development, high-quality standards, and, last but not least, an undivided passion for light. Griven’s ground-breaking collection of LED surface mount, modular, linear, recessed, underwater, and visual display projectors can enhance the most demanding architectural installations with both coloured and white light dynamic effects.

From large architectural infrastructures, like bridge and towers, to modern buildings, from  antique monuments to masterpieces of contemporary art, from private and residential structures to gardens and parks, Griven is worldwide renowned for its capacity of lighting up in bright saturated colors or light pastel tones every kind of outdoor element. Griven has also developed a true passion for white light, in both tunable and solid shades, enclosed in an expanding, highly competitive collection of white light LED luminaires.

An inspiring entrepreneurship

Since November 2019 when he joined the company, Griven’s CEO Luca M. Meinardi has focused on the idea of transforming the architectural lighting industry through top-quality, innovative solutions with an eye to innovation and sustainability. “In these years, we have been working hard to consolidate our brand positioning withing a steadily growing and competitive market staying faithful to our core values: quality, innovation, and sustainability. Nowadays we cannot ignore urgent top priorities regarding the workers’ wellbeing and the current worldwide environmental conditions. That’s why we have taken our commitment a step further through a global certified management system that rules our general behavior according to ethical principles” are the words of Luca Meinardi. Under his inspirational guidance, the company has achieved three important international certifications that testify a coherent commitment to the three pilasters of its philosophy.

 “Quality is a core value in all our activities and such commitment pervades all of our functions and processes through a coordinated synergy among the company departments. Our ISO 9001 certification help us improve the quality of our products and services to consistently meet our customers’ expectations in an increasingly competitive market” states Meinardi.

For some years now, Griven has been investing in a prevention program aimed at improving the environmental sustainability of all its activities acting on basic criteria, such as: facilitation of recycling activities, use of recycled materials, saving of raw materials, optimization of logistics, simplification of the packaging system, optimization of production processes, and reduction of energy waste.

To bring this commitment to a higher level, Meinardi has decided to go for a certification that could become not only a public testament of this ongoing process but also a guideline for further improvement steps in this challenging direction. A must for any organization that wishes to set up, improve, or maintain an environmental friendly attitude, the certification ISO 14001 is the international standard that specifies all the requirements for an effective environmental management system (EMS). Now it is part and parcel of the company’s ambitious sustainability goals.

“Energy saving solutions are becoming more and more important for the preservation of our environment and of its limited resources.  We have already moved in this direction upgrading our production and supply processes. As a result, our lighting fixtures are 90% recyclable and  95% of their components comes from production sites located in less than a 100 km distance. We follow strict internal energy saving and environmental friendly procedures. We are also implementing new lighting technologies which are respectful towards the safe development of vegetal and animal environments. All our efforts go in this direction” further explains Luca Meinardi.

Griven also promotes the values that are essential to collaborative work, such as trust, accountability, mutual respect, and fairness. “The work place is far more than just a place where people work. Spaces and places have a massive impact not only on our state of mind but also on our performance. As we care about our people, we do everything to improve their everyday conditions, creating a natural, healthy and, first of all, safe working environment. In all our offices we have installed 100% LED lighting, which are capable of creating a wholesome and well lit ambience, while allowing energy savings. The air recirculation and purification system installed in our offices allows a safe breathing condition and is fed with zero emission green energy sources. The lighting system of our exterior building, parking and gardens is also 100% LED. The newly achieved ISO 45001 certification ensures that people operate in safe workplaces that provide transparency, prevent accidents, and allow better team cooperation” tells us the Griven’s CEO.

He also has clear ideas about the future of the company: “We don’t want to be the leader of the market, this is not our goal. We want to be always the best in what we do. We want to concentrate all our efforts in our expertise areas delivering the best possible solutions in terms of products, services, and human relationships.” An ambitious goal for an ambitious leader.

Leadership Words: How to Communicate Effectively as a Leader

Leadership is a vital skill in today’s world. Successful leaders’ ability to inspire, motivate and guide others towards a common goal is an essential characteristic. Effective communication is a key component of leadership, and the words we choose to use as leaders can significantly impact how our message is received. In this blog, we will explore some key leadership words and how they can be used to communicate effectively.

Vision

A leader must have a clear vision of where they want to go and be able to communicate this vision effectively to their team. The word “vision” is powerful, as it conveys a sense of direction and purpose. When communicating your vision to your team, use inspiring and motivating language. Paint a picture of the future that is both compelling and achievable, and use language that creates a sense of excitement and energy.

Empower

Empowering your team is an essential aspect of effective leadership. When you empower your team, you give them the tools and resources they need to succeed. The word “empower” conveys a sense of trust and confidence in your team. When communicating with your team, use language demonstrating your belief in their abilities and your willingness to give them the autonomy to make decisions and take action.

Accountability

As a leader, it is important to hold yourself and your team accountable for achieving results. The word “accountability” conveys a sense of responsibility and ownership. When communicating with your team, use language emphasising the importance of taking ownership of their work and being accountable for the outcomes. Use language that encourages your team to take responsibility for their actions and to work together to achieve their goals.

Collaboration

Collaboration is an essential component of effective leadership. When you collaborate with your team, you create a sense of shared ownership and vision. The word “collaboration” conveys a sense of teamwork and cooperation. When communicating with your team, use language emphasising the importance of working together towards a common goal. Encourage your team to share ideas, support each other, and work together to achieve success.

Integrity

Integrity is a core value of effective leadership. You demonstrate a commitment to honesty, fairness, and transparency when you act with integrity. The word “integrity” conveys a sense of trust and respect. When communicating with your team, use language that emphasizes the importance of acting with integrity in all aspects of your work. Encourage your team to be honest, fair, and transparent in their interactions with others.

Innovation

Innovation is an essential aspect of effective leadership. When you innovate, you create new opportunities for growth and success. The word “innovation” conveys a sense of creativity and forward thinking. When communicating with your team, use language emphasising innovation’s importance in achieving success. Encourage your team to think creatively and explore new ideas and approaches.

Resilience

Resilience is an important characteristic of effective leaders. Leaders must bounce back and keep moving forward when faced with challenges and obstacles. The word “resilience” conveys a sense of strength and perseverance. When communicating with your team, use language that emphasizes the importance of resilience in overcoming challenges and achieving success. Encourage your team to stay positive and to keep pushing forward, even in the face of adversity.

Trust

Trust is a fundamental component of effective leadership. When your team trusts you, they are likelier to follow your lead and work towards your shared goals. The word “trust” conveys a sense of reliability and dependability. When communicating with your team, use language emphasising trust’s importance in building strong relationships. Encourage your team to trust each other and the vision and direction you provide.

Authenticity

Authenticity is a critical aspect of effective leadership. When you are authentic, you are true to yourself and your values, creating a sense of trust and respect from your team. The word “authenticity” conveys a sense of honesty and transparency. When communicating with your team, use language emphasising the importance of authenticity. Encourage your team to be themselves and to communicate honestly and openly with each other.

Listening

Effective communication is a two-way street, and listening is a key component. When you listen to your team, you demonstrate that you value their input and that their opinions matter. The word “listening” conveys a sense of respect and consideration. When communicating with your team, use language that emphasizes the importance of active listening. Encourage your team to share their ideas and perspectives and to listen actively to each other. Doing so can create a culture of open communication and collaboration, which is essential for effective leadership

In conclusion, effective leadership requires a clear vision and strong communication skills and the ability to use words that inspire, empower, hold accountable, collaborate, demonstrate integrity, innovate, show resilience, build trust, be authentic, and actively listen. Choosing the right words can significantly affect how your team receives your message and follows your lead. By using language that emphasizes these key aspects of leadership, you can build a team that is motivated, engaged, and committed to achieving your shared goals. So, choose your words wisely and lead your team towards success.

NASA’s Psyche Mission: Exploring a Metal Asteroid to Learn about the Early Solar System and Earth’s Core

NASA’s Psyche mission is a space exploration mission to study the asteroid 16 Psyche, located in the asteroid belt between Mars and Jupiter. The mission aims to explore the asteroid to understand its composition, history, and evolution.

The mission’s primary objective is to provide valuable information about the formation of the early solar system and the building blocks of rocky planets like Earth. Initially scheduled for launch in August 2022, the mission has been postponed and will launch between October 5 and October 25, 2023.

What is the Psyche Mission?

The upcoming Psyche mission, led by faculty members from Arizona State University and announced in 2017, is a significant exploration project that aims to study the metal-rich asteroid 16 Psyche. The mission has been updated with a new flight plan that utilizes the gravitational assist of Mars to propel the spacecraft towards its target. The revised mission plan includes a gravity assist on the asteroid and a flyby of Mars for arrival in August 2029. During the 26-month science phase, the spacecraft will collect observations and data as it orbits the asteroid at varying altitudes. The mission’s primary objective is to understand how the core of rocky planets like Earth formed and evolved, as well as to gain insight into the formation of our solar system.

Why Study Psyche?

NASA’s mission to study the asteroid Psyche is significant in providing insights into the formation of the early solar system and Earth’s core and its potential economic benefits. The asteroid’s similarity to Earth’s core makes it a valuable target for the mission, and scientists have used optical telescopes and radar to confirm the presence of vast quantities of precious metals on the asteroid. The estimated value of these metals is up to one trillion dollars, meaning the mission could be a valuable investment for NASA. Furthermore, Psyche’s metal resources could be used in space exploration and other industries, making the mission even more significant.

What Will the Psyche Mission Do?

NASA’s mission to study the asteroid Psyche is significant for its potential economic benefits and the scientific insights it could provide. The mission aims to investigate various hypotheses, including whether the asteroid’s metal-rich surface is due to ferro volcanism or if it is an exposed exoplanet core. The spacecraft will use ASU-designed instruments, such as a gamma-ray and neutron spectrometer and a multispectral imager equipped with a near-infrared filter. The mission will also study the asteroid’s chemical composition, providing valuable information about the early solar system’s formation. In addition, scientists have used optical telescopes and radar to confirm the presence of vast quantities of precious metals on the asteroid, estimated to be worth up to one trillion dollars. The metal resources on Psyche could be used in space exploration and other industries, making the mission a valuable investment for NASA.

When Will the Psyche Mission Launch?

Initially slated for launch in August 2022, the mission was postponed due to software testbed issues. The spacecraft will now take a flight path around Mars, using its gravity to propel it toward the asteroid. The expected arrival time is August 2029; the science phase will last 26 months. The spacecraft will launch on a SpaceX Falcon Heavy rocket from Kennedy Space Center’s launch complex 39A in October 2023.

The Significance of the Psyche Mission

NASA’s Psyche mission is significant for its potential to provide crucial insights into the early solar system’s formation and the composition of Earth’s core while also revolutionizing our understanding of the universe. The mission aims to study the asteroid’s composition, structure, and history, shedding light on the conditions that existed during the solar system’s formation. Additionally, the mission could provide valuable insights into the feasibility of mining asteroids for resources essential for future space exploration endeavors. Despite the postponement of the launch, NASA remains optimistic about the mission’s success. The spacecraft will collect data and conduct observations, providing valuable insights into the composition and origins of rocky planets. The mission has the potential to bring about a revolutionary shift in our comprehension of the universe and our position in it.

Conclusion

The Psyche mission is a promising space exploration project that could unlock new insights into the early solar system’s formation and the composition of Earth’s core. In addition to its scientific significance, the mission could have practical applications, such as identifying potential sources of raw materials for space exploration and other industries. With the spacecraft currently undergoing final assembly and the launch set for October 2023, the mission represents an exciting and historic moment in space exploration.

Dr. Laura M. Giurge : Creating a Positive Impact on People’s Lives

Dr. Laura M. Giurge is an award-winning behavioral and organizational scholar. Currently, she serves as an assistant professor of Behavioral Science at the London School of Economics and Political Science. She has a Ph.D. in Management from Erasmus University Rotterdam and two cum laude Master’s degrees from the University of Groningen in Economics and Business and Human Resources Management (NL). Before joining the London School of Economics, she worked as a post-doctoral research fellow at Cornell University (USA) and London Business School (U.K). She was also a visiting scholar at Harvard Business School (USA).

Laura’s research has been published in several top academic journals, including the Proceedings of the National Academy of Sciences, Nature Human Behaviour, Organizational Behavior and Human Decision Processes, and The Leadership Quarterly, and it is often featured in the media. She is highly passionate about communicating her research to organizational leaders and the general public and has written about her work in the Harvard Business Review, The Wall Street Journal, and Forbes

Recently, we got a chance to sit down with Dr. Giurge to learn more about her work to address ongoing challenges in the workplace.

Below are the highlights of the interview.

Please tell me your story. Or how did you get your start?

Dr. Giurge: I’m currently an assistant professor at the London School of Economics and Political Science (LSE). I am also a behavioral scientist and academic advisor for different organizations, including MoreThanNow, and a Research Affiliate at the Wellbeing Research Centre at the University of Oxford. On the side, I’m a photographer and artist and have already had my own photography exhibit in 2016. I’ve started my multiple careers by pursuing my interests and exploring my curiosity. It hasn’t been easy, and it is still challenging to wear so many hats simultaneously, but each hat brings something unique to my life.

What would you say has been your greatest accomplishment?

Dr. Giurge: Thus far, my greatest accomplishment has been the scholarships I’ve won to study abroad.

Being a key person in this environment is challenging and all-consuming—are you prepared for the challenge? (How would you Control the Situation)

Dr. Giurge: Various experiences taught me some difficult and painful lessons. So, I seek to control the situation by being extremely careful who I work with. To me, people are everything

What does success look like for you?

Dr. Giurge: One of my key measures of success is the number of people I’ve helped achieve their goals, professionally or personally.

What is your “vision” in life, e.g., what drives you to a Successful Journey?

Dr. Giurge: One piece of my vision is to leave Earth a better place by helping those without voice or agency.

What’s the best advice you’ve recently received?

Dr. Giurge: We create our meaning in life, and that is scary and liberating at the same time. Once you know what motivates you, it becomes clearer what you should say ‘yes’ or ‘no’ to.

Give us advice that you would share with entrepreneurs just starting.

Dr. Giurge: One of my guiding principles is action because. I know from research that some of the most painful regrets in life are those of inaction rather than action. So, even when the outcome is painful, I’m grateful to have tried something than to have wondered what if.

You should reach Dr. Giurge through her website, e-mail, and LinkedIn for more details

Raj Sarangam: An Engineer’s Journey to Real Estate Investment

Engineer-turned-real estate investor Raj Sarangam is an excellent example of someone who has successfully transitioned from an engineering background to a thriving real estate investor. Raj had spent several years honing his Engineering & IT skills, but his restless spirit yearned for something more. He craved a new challenge that would allow him to apply his talents in a novel way, enter real estate. With a single-family home purchase and the establishment of ORP Investments Inc., Raj embarked on a thrilling new journey, one that would test his acumen and business savvy in exciting new ways. Now, as he looks back on his decision, he can’t help but smile at how far he’s come, and the endless potential that lies ahead.

Born and raised in India, Raj Sarangam moved to the U.S. after completing B.S. in Chemical Engineering from BITS, Pilani.  He then completed M.S. in Chemical Engineering from Lamar University in 1993. His journey didn’t stop there. After completing his M.S., he began working at Ampacet Corporation and simultaneously pursued his M.S. in Computer Science from McNeese State University and MBA from the University of Houston. With more than two decade’s experience in SAP Business Software Consulting across various management roles, Raj has gained a wealth of knowledge and expertise in the field. Throughout his career, Raj has demonstrated his unique ability to successfully lead large-scale SAP implementations for several top-tier clients, making him a sought-after professional in the industry.

Establishing ORP Investments

Raj started his real estate journey by establishing ORP Investments and acquiring a single-family home. Over time, Raj’s unwavering commitment and proficiency have stimulated the company’s expansion from humble beginning and culminating in an impressive collection of real estate holdings valued at nearly $250 million in assets under management. Having executed over 40 lucrative real estate deals, Raj’s repertoire encompasses various properties, comprising over 40 single-family residences, two shopping centers, and more than ten multifamily apartment complexes in Texas and Florida. Besides his real estate ventures, Raj has also established a thriving hard money lending company and a safety-focused portfolio, bolstering his reputation as a successful real estate entrepreneur.

Under Raj’s leadership, ORP Investments has become a thriving and highly focused real estate investment firm with a proven track record of success. With its focus on Texas and Florida, ORP Investments has gained extensive expertise in various real estate assets, such as retail, single-family rentals, and self-storage.

Bringing Change

Under Raj’s leadership, ORP Investment is fully committed to offering affordable and safe housing options for individuals and families through acquiring and managing single-family homes and multifamily apartments.

“Our focus is on creating value and investing capital wisely, which enables us to deliver consistent and stable returns for our investors. With considerable experience in the real estate sector, our firm has grown from $12 million to ~$250+ million in assets under management, managing over 1,500 units,“- explains Raj.

Raj also takes pride in ORP’s disciplined and performance-driven approach to real estate investment. ORP’s clientele can reap the benefits of its services if they seek a reputable, dependable, and skilled real estate investment company that prioritizes delivering consistent returns and generating value for its customers. Whether the customer is an individual investor or a financial institution, ORP Investments, Inc. can assist them in accomplishing their real estate investment objectives.

Leading the Charge

Raj’s growth and success can be attributed to his modest beginnings and financial discipline. His innovative and ambitious nature has driven him to constantly push the boundaries and find new and creative solutions for complex challenges. Furthermore, Raj’s profound spirituality and dedication have provided him with a solid foundation for his work, enabling him to pursue his business endeavors with a clear sense of purpose and unwavering commitment. These key characteristics have fostered Raj’s growth as a business leader and helped him build a successful and respected real estate investment firm with a rapidly growing assets portfolio.

“Through our focus on value-add investments and disciplined approach to risk management, our firm has grown from $12 million to over $250 million in assets under management. I am honored to be recognized as one of the most innovative business leaders to watch and am excited to continue pushing the envelope in the years to come,“- he says.

Major Challenges

Raj believes interest hikes, lender restrictions, and compressed CAP rates have created an enormous challenge to acquiring new properties. Additionally, finding good resources, high-quality vendors, and tenants creates massive challenges in the industry.

To overcome these difficulties while acquiring new properties, Raj is broadening ORP’s asset base by looking at other investment options, such as R.V. parks near Austin, extended-stay hotels, and farmlands. On the operational front, Raj aims to keep top talent by providing incentives like bonuses, time off, and other benefits.

Additionally, Raj and his team are now looking for innovative solutions to satisfy investor demands, such as increasing Reserves for investor distributions and interest rate fluctuations to counteract the possible effects of interest rate spikes and till lenders ease on the terms.

The Pandemic

The pandemic brought significant challenges for ORP Investments, just like everyone else. Despite having two multifamily properties under contract, lenders, investors, and other private equity individuals vanished, leaving the company in a precarious position. However, Raj and his team managed to renegotiate prices and timelines to close the properties, enabling them to stabilize the situation and re-open communication with lenders. Thanks to their bold and proactive strategy, ORP’s properties became oversubscribed, proving the company’s resilience and commitment to delivering results even in the face of adversity.

The Future

Raj has ambitious plans for the future of ORP Investments. Aiming to increase their AUM by $500 million within the next five years. Particularly focusing on multifamily properties in Texas and Florida. Additionally, he plans to venture into real estate development for build-to-rent (BTR) or build-to-own (BTO) workhorse housing, which is currently in high demand. He also intends to expand into a mixed-use, multi-modal development company. To weather these challenging economic times. Raj has also diversified ORP’s portfolio and purchased an I.T. company primarily operating out of India.

“We have grown from 15 employees to 54 in one short year and are planning to acquire more companies in India which is heading towards being one of the economic powerhouses. We are expanding our services in the U.S. with a very attractive I.T. resource rate of $25+/ hour. We have signed up several projects in this regard utilizing our 20+ years of professional experience in this field,”- he concludes.

Jonathan Keyser: Changing Commercial Real Estate for the Better

Meet Jonathan Keyser, the founder and thought leader behind one of the largest independent commercial real estate tenant brokerage firms in the country, Keyser.  Named “The Commercial Real Estate Disruptor” by USA Today, Jonathan also is a #1 Wall Street Journal Best Selling Author with his book: “You don’t have to be Ruthless to Win”.

Jonathan’s firm exclusively represents Tenants and Corporate users of space, eliminating the inherent conflicts of interest that exist in traditional broker/tenant relations.  Including his international partners, his organization has over 570 people worldwide.  As a globally recognized advocate for Corporate Tenants of office, industrial, healthcare and retail space, Jonathan is extremely passionate about helping Tenant’s avoid the pitfalls of poorly negotiated leases, and

Jonathan is a regular guest on broadcast news shows discussing commercial real estate topics, and he is a top-rated speaker on how to create a culture of selfless service within business today. Known for a quick laugh, a huge smile, a ton of energy and a big hug for everyone, Jonathan loves people and people love him back.  It is really special to see.

It wasn’t always this way.  In fact, Jonathan is a personal turn-around story. Raised by Christian missionaries parents in the jungles of Papua New Guinea, Jonathan was raised to love and serve others by his caring parents.  However, when he returned to the states, he came to the realization that his parents were poor, and decided he wanted to do something about it.  He poured himself into his education and ended up graduating Summa Cum Laude from UCLA.  He stumbled into commercial real estate through a friend’s recommendation and learned quickly the ruthless nature of the industry.  He became ruthless.  And he had success.  But he was miserable.  He was miserable because he was misaligned with how his parents had raised him and his core values.  But he felt trapped because he didn’t know another way.  And then 25 years ago a speaker at a conference planted the seed within Jonathan of discarding his ruthless behavior and focusing on selflessly helping other…and the rest is history.

In discussing his former self, Jonathan holds no punches, describing himself as a Ruthless Jerk” who “would do anything to get ahead”.  Fortunately, Jonathan underwent a radical change of heart, reinvented himself through the principle of selfless service, and has since created a world-class commercial real estate brokerage firm built upon a simple mission, and that is:  “To change the business world through selfless service”.

I sat down with Jonathan recently to have a fireside chat, and I have shared some of the highlights below.

Below are the highlights of the interview.

Q) Please tell me your story. Or how did you get your start?

Jonathan: As Keyser just celebrated its 10-year anniversary, it seems it’s the perfect time to be asked about our beginning.

While it’s hard to unpack 10 years of successes, failures, and course corrections into an interview, I can tell you that in 2013, we founded Keyser with the belief that selflessly serving our community was the best way to create lasting business relationships. Now, eight figures later, I can prove that the strategy worked.

Keyser was built off of fifteen core operating principles that keep us aligned daily to the mission that we set out to accomplish— to change the business world through selfless service. These fifteen principles are the standard that we use to make cultural decisions like who to bring on, who to let go, and how to interact with our clients. Every single person on the Keyser team was brought on for two reasons: they are exceptional commercial real estate advocates, they are hard workers, and they fully believe in the Keyser mission.

Q) What motivated you to establish Keyser?
Jonathan: As I talk about in my book, I started Keyser because I was tired of being ruthless and I really wanted to find a better way. Before Keyser, I felt I was doing things to make the most commission, not to create lasting relationships. That type of behavior is common in the commercial real estate industry, and unfortunately, it is why the profession has a poor reputation. That’s why we started Keyser— to give tenants a ferocious advocate on the commercial real estate front that didn’t exist in the industry to date.

Q) How are you differentiating Keyser from its competitors?

Jonathan: Keyser’s main differentiators are that we only represent tenants, never landlords or developers, and we all operate under the principle of selfless service.  It is embedded in our culture.  It is who we are.  We are the best and we honor ourselves, our partners and our clients by being our best.

Q) What are the primary challenges of the industry?

Jonathan: It is a tough industry dealing with constant change.  Knowing how to help your clients navigate the uncertainty is paramount.  It is also filled with conflict of interest and back door dealings.  There is a lot of money to be made, so there are many that are in it who care solely about how much they can profit, rather than how much they can serve.  We are changing that.

Q) What are your thoughts about the post-pandemic commercial real estate market? What are the key trends driving the sector?

Jonathan: In 2023, the commercial real estate industry is feeling the full effects of the pandemic— but not in the way you would expect when considering other recessionary periods. Hybrid work is causing rising vacancies. Traditionally, when vacancy rates rise, rental rates fall, but not this time. Why? Tenant improvement costs are almost double today than they were in 2020. When landlords have to cover those costs, they also have to find a way to recover those costs.

If commercial real estate trends are something you’re interested in learning more about, I recommend you check out Keyser’s Tenant Resource Center: https://keyser.com/tenant-resource-center/

We have a new 90-minute webinar chock-full of best practices and advice about the current commercial real estate trends.

Q) What are your priorities for 2023?

Jonathan: 2023 is a milestone for us here at Keyser; not only are we celebrating a decade of exceptional tenant-only representation, but we’re also undergoing a brand upgrade. We have gone back to our roots by asking ourselves the following question: if we were a start-up again today, would this __________ (process, person, tool, or technology) help get us to the next level?  If the answer is no, we take swift action to course correct.

Q) As a source of inspiration for many, what would your advice be for entrepreneurs who are planning to enter the business world?

Jonathan: To new entrepreneurs, when choosing your company’s values, make sure they don’t just become words on a wall. A huge reason why we attract and retain top clients and talent is because we don’t just have principles, we have a thriving culture built upon solid core principles, and it’s something that flows through every member of the team. Get that right, everything else is easy.  Get that wrong…and I have done it…and everything is hard.

The Future of Investing: Trendy and Innovative Options for Gen Z

Investing has always been a crucial part of building wealth and securing a stable financial future, but for Gen Z, it can feel like an overwhelming and daunting task. With an ever-increasing number of investment options and a rapidly changing economic landscape, it’s easy to see why many young people feel lost when it comes to investing.

However, the truth is that there has never been a better time to explore the world of investing. With the rise of the internet and digitalization, there are now more opportunities than ever before to grow your wealth and align your investments with your interests and values.

So, let’s explore some of the most exciting options for Gen Z investors looking to secure a bright financial future.

  • Real Estate Investing

You might wonder, “How can real estate investing be an innovative option as it’s been around for decades?” Well, Instead of traditional real estate investing, which typically involves buying physical property and becoming a landlord, we are talking about investing in Real Estate Investment Trusts (REITs).

It allows you to invest in a portfolio of properties and earn a share of the profits. It offers the potential for stable and consistent returns, as property values tend to appreciate over time. Additionally, with the rise of sustainable investing, there are now REITs that focus specifically on environmentally-friendly properties and practices, so you can invest in real estate while still prioritizing your values. All this without having to deal with the headaches of managing tenants and maintenance.

  • Gaming

Gaming has become a surprisingly lucrative industry, and savvy investors are starting to take notice. With the rise of esports and online gaming, many companies have seen their stock prices soar in recent years.

Not to forget, the world of gaming has opened up new investment opportunities through the rise of digital assets and non-fungible tokens (NFTs).

Also, some platforms allow investors to buy and sell digital assets related to popular games like แทงบอลเสต็ป, creating a whole new avenue for investment. As the gaming industry continues to grow and evolve, it’s clear that there will be even more exciting opportunities for investors to capitalize on this trend. This is a winning combination for Gen Z investors interested in gaming and investing.

  • Sustainable Investing

This innovative investment option focuses on companies prioritizing environmental sustainability and social responsibility. This approach to investing aligns with the values of many Gen Z investors increasingly concerned with climate change’s impact and social issues.

In fact, by investing in sustainable companies, you can positively impact the world while also growing your wealth. There are now a variety of funds and exchange-traded funds (ETFs) that focus specifically on sustainable investments, making it easier than ever to invest in companies that prioritize renewable energy, environmentally-friendly practices, and social responsibility.

To Sum It All Up

Gen Z investors have a wealth of innovative and trendy investment options available to them. From sustainable investing to real estate and even gaming, there are endless opportunities to align your investments with your interests & values. By exploring these options and taking advantage of the latest investment trends, you can build a strong financial future while also making a positive impact on the world.

ChatGPT: An In-Depth Look at the Revolutionary AI-Language Model

In recent years Artificial intelligence (AI) has made tremendous advancements in the interpretation and processing of language.

In November 2022, OpenAI, the US-based research center for AI, launched ChatGPT, an AI chatbot that was developed after its founding in 2015 by a group of prominent tech individuals, including Sam Altman, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman, and Wojciech Zaremba. Elon Musk co-founded OpenAI, but stepped down in 2018 to avoid conflicts of interest, though he still advocates for AI research and safety.

On March 14, 2023, a new version of ChatGPT was released for limited access to paid subscribers, which is based on the latest OpenAI model, GPT-4. The initial release of ChatGPT was developed using the GPT-3.5 architecture.

What is ChatGPT

ChatGPT, an AI language model, can simulate human language and thought processes using its advanced natural language processing algorithms. This unique ability allows it to generate nearly identical text to human-generated text, making it a versatile and powerful tool for various applications, including communication improvement, writing enhancement, research, and development.

Technical Details 

Chat GPT uses a transformer model with attention mechanisms to capture dependencies between words and generate coherent responses. It was developed using OpenAI’s large language models, fine-tuned via transfer learning, and reinforced with guided learning and human contact. The model was initially developed based on OpenAI’s large language models (LLMs) from GPT-3.5 and GPT-4 families. A limited version based on the latest OpenAI model, GPT-4, was released exclusively for paid subscribers on March 14, 2023.

Training Process

The training process for Chat GPT is a challenging undertaking that uses many resources, data, and processing power. OpenAI used a variety of text-based sources, including books, journals, and webpages, to train the model.

The training data was preprocessed and tokenized, which involved breaking the text into smaller pieces called tokens. Each token represents a single word or a group of words with similar meanings.

The model was trained using unsupervised learning, which involves training the model on a large dataset without explicitly labeling the data. During the training process, the model was exposed to a wide range of text-based inputs and learned to generate responses based on the patterns it observed in the training data.

Capabilities

Chat GPT can generate highly accurate and coherent responses to various text-based inputs. It answers, summarizes, translates, and generates creative writing.

Chat GPT excels in producing human-like responses to text inputs. This makes it a powerful tool for applications such as chatbots and virtual assistants, where natural language processing is essential.

Key advantages of ChatGPT

  • ChatGPT boasts a significant advantage in its ability to analyze and interpret contextual cues and patterns in language, allowing it to generate accurate and precise responses across a diverse range of topics. ChatGPT can understand and respond to various conversational prompts, from basic inquiries to complex discussions.
  • Apart from its exceptional language processing abilities, ChatGPT is also highly customizable. Users can optimize the model to their requirements by modifying vocabulary size, sequence length, and training data sources. As a result, ChatGPT can be tailored to a diverse range of use cases and industries, including healthcare, finance, education, and entertainment.
  • ChatGPT’s conversational interaction expertise enables it to handle follow-up inquiries, acknowledge mistakes, challenge unfounded assumptions, and decline inappropriate requests, all thanks to its dialogue style.
  • Despite its primary role of emulating human communication, ChatGPT is remarkably adaptable. It can write code, compose music and literature, answer questions, create poetry and games, and simulate chat rooms.
  • Several pages and articles regarding web phenomena and programming languages, like message boards and the Python programming language, are included in the training data for ChatGPT.
  • OpenAI has developed an AI chatbot auto-generative system for online customer support, which employs natural language processing (NLP) and is pre-trained to generate conversational responses. The method leverages data from various sources, such as books, websites, and articles, to create a language model that facilitates human interaction.
  • Another critical advantage of ChatGPT is its ongoing development and improvement. To advance AI technology, OpenAI continually updates ChatGPT with new algorithms and training data to enhance its efficiency, accuracy, and overall performance. As a result, users can consistently depend on ChatGPT to produce the latest and most precise responses possible.
  • In essence, ChatGPT stands out as a groundbreaking AI language model that is transforming how we engage with technology and one another. With its state-of-the-art natural language processing algorithms, customizable features, and continuous refinement, ChatGPT is a potent instrument for individuals seeking to boost their writing and communication abilities, simplify their research and development workflows, or merely discover the endless potential of AI technology. Overall, ChatGPT represents a significant leap forward in the domain of AI.

Negative impacts of ChatGPT

As an AI language model, ChatGPT does not intend to cause harm or negative impact. However, there are a few potential negative impacts that arise from the use of such technology.

  • Bias: ChatGPT, like any AI model, is only as unbiased as the data it is trained on. If the data it was trained on is biased or discriminatory, the model may reproduce those biases in its responses.
  • Misinformation: ChatGPT generates responses based on the information it has been trained on. If the information it has been taught is incorrect or incomplete, it may create responses that contain misinformation.
  • Dependency: Overreliance on ChatGPT may lead to reduced human-to-human interaction, negatively impacting social skills and relationships.
  • Privacy concerns: Conversations with ChatGPT are stored and processed by the platform that hosts it, which may lead to privacy concerns regarding the storage and use of personal data.
  • It is essential to use AI language models like ChatGPT responsibly and understand the potential negative impacts of their use.

Its detailed response and articulate answers across various knowledge domains garnered attention. A major disadvantage that has been identified is the uneven factual accuracy of it.

Future of ChatGPT

As the technology underlying Chat GPT develops, we may anticipate seeing more sophisticated applications that will improve our capacity for machine interaction and communication. There is also continuing research towards better pre-training and fine-tuning methods, which may create even more potent NLP models.

Chat GPT is a potent NLP model that can potentially transform how we communicate with machines. Its capacity to produce human-like responses to text-based inputs makes it an invaluable tool for various applications. In the future, we can anticipate even more advanced applications.

ChatGPT can be used positively or negatively. Some potential negative impacts include:

  • Misinformation: ChatGPT can spread false information.
  • Bias reinforcement: Biased training data can result in biased responses.
  • Social isolation: Relying too much on ChatGPT can lead to social disconnection.
  • Job displacement: Automation by AI, including ChatGPT, may result in job loss.
  • Ethical concerns: Misuse of AI for surveillance, manipulation, and control raises ethical issues.

Recognize and address the negative impacts of AI through responsible development and use. ChatGPT reduces harmful and deceitful responses compared to InstructGPT. However, it has limitations and may produce incorrect or nonsensical answers.

Conclusion

Chat GPT, a remarkable achievement in AI and natural language processing, is a versatile tool for communication, research, and development. With 175 billion parameters, it’s one of the most significant language models ever created, pre-trained on diverse sources to learn patterns and relationships between words and phrases. Based on the transformer model, it uses attention mechanisms for accurate responses. Chat GPT has potential applications in chatbots, virtual assistants, medical diagnosis, financial analysis, and more, with ongoing development likely to push the boundaries of AI language processing.

OpenAI study shows ChatGPT-like automation puts jobs at risk, including tax preparation, digital interface designers, writers, administrative assistants, mathematicians, and more.

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