25 May 2011Lonrho, a conglomerate that operates in 17 sub-Saharan African countries, has secured a secondary listing on the JSE’s AltX, a parallel market focused on quality, high-growth companies.Lonrho has a primary listing on the London Stock Exchange, and has business dealings in agribusiness, infrastructure, transportation, hotels, and support services.The company has a long history of operating on the African continent and believes these sectors offer significant opportunities for growth and unique exposure to economic development across sub-Saharan Africa.It was previously listed on the Venture Capital Market of the JSE.“Lonrho welcomes the move to the AltX market of the JSE as a natural reflection of progress as the company continues to grow,” Lonrho executive chairman David Lenigas said in a statement last week.“We remain focused on achieving further significant growth going forward as we continue developing our key divisions and expanding our presence across sub-Saharan Africa.”According to the statement, the board of Lonrho considers the transfer of the secondary listing from the JSE Venture Capital Market to AltX as a natural reflection of the ongoing development of the company, and sees the AltX as a stronger exchange on which Lonrho shares can be traded in South Africa.“We are delighted to welcome Lonrho to AltX because they provide investors with an opportunity to invest in a diversified African company,” said JSE head of marketing and business development Noah Greenhill. “We are confident that Lonrho will have a successful listing on AltX.”SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo material
Malmo midfielder Brorsson: We’ll give Chelsea a hard, tough matchby Paul Vegas10 months agoSend to a friendShare the loveMalmo FF midfielder Franz Brorsson has mixed emotions drawing Chelsea in their Europa League tie.The two teams will meet in the round of 32.Brorsson stated: “It was the toughest possible. Interesting in terms of sport. What a challenge. I would love to see an easier opponent. I immediately thought, ‘a really big team’. There are many friends who will ask about tickets.”On their chances, Brorsson added: “It’s hard to put numbers on it. We are a giant, great underdog. There is no arguing on the matter. There are probably not many who think we’ll do this, but we’re going to give Chelsea a hard, tough match.” About the authorPaul VegasShare the loveHave your say
Story Highlights The first cohort of 109 specialist mathematics teachers is now in training and will be deployed to the education system, upon graduating next year. The first cohort of 109 specialist mathematics teachers is now in training and will be deployed to the education system, upon graduating next year.This was disclosed by Minister of Education Youth and Information, Senator the Hon. Ruel Reid, who noted that the teachers will be bonded for a five-year period.He informed that the five-year bond would ensure that the Government gets a return on its investment.“The Ministry has taken steps to ensure that teachers not suitably qualified to teach mathematics are no longer engaged. At the same time, steps have been taken to increase the number of trained mathematics teachers. More than 400 scholarships have been awarded to persons interested to become secondary-school mathematics teachers,” he stated.The Education Minister was speaking at the official opening ceremony for the newly constructed building at the New Forest High, Primary and Infant School in Manchester on November 29.The Culture, Health, Arts, Sports and Education (CHASE) Fund contributed $43.7 million to the project. The new facilities include four classrooms, office, sickbay, bathrooms, kitchen, play equipment and perimeter fencing.Chief Executive Officer at the CHASE Fund, W. Billy Heaven, said his organisation believes that modern infrastructure and highly trained teachers are essential elements of a high-quality and comprehensive learning environment for early-childhood students.“The children who are here today are at a crucial stage of their physical, intellectual, emotional, social and creative development. At this stage, the growth of their mental and physical abilities progresses at an astounding rate. That is why we need to provide them with a positive learning experience,” Mr. Heaven said.Meanwhile, Chairperson of the Early Childhood Commission, Trisha Williams-Singh expressed appreciation to the CHASE Fund for the building and furniture, which she said would help the school to achieve the 12 Operating Standards for Early Childhood Institutions.“The first two and a half to three years of a child’s life are critical for cognitive, social and emotional development. This time span is the period where a solid foundation for health and well-being can be created for children in their childhood and beyond. Good-quality resources and environment help to secure optimal development of our children,” Mrs. Williams-Singh said.She noted that for children, the resources would play a crucial role in their health, behaviour, engagement, learning and growth, noting that research has shown that without adequate facilities and resources, it is difficult to serve large numbers of children with complex needs. He informed that the five-year bond would ensure that the Government gets a return on its investment. This was disclosed by Minister of Education Youth and Information, Senator the Hon. Ruel Reid, who noted that the teachers will be bonded for a five-year period.
The Rockets’ season may come down to whether Trevor Ariza, coming off a career year in Washington and beginning his second go-around in Houston, can be a better fit than Chandler Parsons. Parsons is a versatile offensive player, but in Houston his value came largely from his ability to work around Dwight Howard-James Harden pick-and-rolls, either spacing the floor or driving to the basket with well-timed cuts. Ariza is a more limited offensive player, particularly off the dribble, but he is great in transition and can be effective providing spacing around pick-and-rolls. No player made more corner threes than Ariza last season, and he shot 45.0 percent from that location, among the best marks in the league.But Ariza’s real value is his defense. While Parsons was capable, Ariza is a near elite defender. ESPN’s Real Plus-Minus estimates the effect Ariza has on defense as +1.04 points per 100 possessions, nearly twice that of Parsons. That’s an important difference when playing alongside Harden, whose defensive inadequacies are well documented.Ariza has a specific defensive talent that makes him such a great fit for Houston. Over the last two years, he is in the 90th percentile of all NBA players in his ability to affect an opponent’s turnover percentage, according to NBA stat blog Got Buckets’ adjusted Four Factors Ratings. Parsons ranks in the 61st percentile. Forcing turnovers has an effect on both offensive and defensive performance, as steals often lead to fast breaks. The Rockets’ preference for an up-tempo, transition attack is well known and it works well for them — last season they had an effective field goal percentage of 66.0 percent after forcing a steal, compared to just 52.8 percent overall.Ariza may not bring as much offensive versatility as the man he’s replacing, but the quality of his defense may end up being much more important for a team already rich with offensive players. — Ian Levy The San Antonio Spurs’ dynasty is a blessed one. Tim Duncan’s longtime brilliance and the twin discoveries of Tony Parker and (particularly) Manu Ginobili, both draft picks that had no business turning into Hall of Famers,5Parker was taken 28th overall in 2001; Ginobili went 57th (!!!) in 1999. are the kinds of gifts that, while not guaranteeing championships, certainly set a team up for them. And perhaps the biggest blessing of all is Gregg Popovich, the greatest coach of the NBA’s modern era — Phil Jackson included.For his article about LeBron James’s potential free-agent destinations, FiveThirtyEight editor-in-chief Nate Silver created a projection system using my Statistical Plus-Minus (SPM) metric that predicted how well each player would perform in the upcoming 2014-15 season. We can also apply the projection process to previous years, using SPM data that would have been available at the time6While still using the players’ actual minute totals from the season in question. to form “retro predictions” for historical teams dating back to the 1979-80 season.If we compare coaches’ records to the ones we would have predicted for them, Popovich’s greatness becomes clear. No coach since 1980 has exceeded preseason expectations like Popovich has.Not only has Popovich outdone the computer by 117 wins over his 18 seasons at San Antonio’s helm — 33 more than second-ranked George Karl and nearly 62 more than the oft-extolled Jackson — he’s done it in far fewer games than his coaching peers. While it took Karl and Don Nelson around 2,000 games to add 83 extra wins apiece, and Jackson more than 1,600 games to beat expectations by 55 wins, Popovich racked up his excess victories in far fewer: just a shade more than 1,400 games.7In the chart above, coach games and wins above expectation were pro-rated up to account for years where the schedule was less than 82 games per team.The 2013-14 NBA champion Spurs were a classic example of Popovich coaxing superior performances from his roster. In addition to Duncan (age 37) and Ginobili (36) cheating Father Time, Kawhi Leonard’s and Patty Mills’s respective games grew at an accelerated rate, while Marco Belinelli, Boris Diaw, Cory Joseph and Jeff Ayres all played much better than their previous track records suggested they should have. Of San Antonio’s core players, the only one who had a down year relative to expectations was Parker, whose SPM fell to +0.1 from +2.5 in 2012-13.The aforementioned SPM projections think the Spurs will suffer a decline in 2014-15. They call for Duncan and Ginobili to finally show their age, and for the supporting cast to regress to the mean. But Popovich’s bunch have also exceeded those same expectations in every single season since 1997-98. The good money’s on them bucking the odds yet again this year. — Neil Paine The Oklahoma City Thunder had one of the best draft runs of all time in recent years. Kevin Durant, Russell Westbrook, James Harden, Serge Ibaka — major, franchise-defining pieces all. And yet no NBA title. Harden was (infamously, in some quarters) traded, Westbrook has been hurt for significant parts of the past two seasons, and now Kevin Durant is out indefinitely with a foot fracture.Given the outsize role Durant has filled, using more than 30 percent of the Thunder’s possessions and playing virtually every important minute over the past five seasons, analyses of how the Thunder will fare without him will be imprecise, to say the least. And while Durant’s health will be the most important factor in determining whether the Thunder can win an NBA title this season, that, too, is currently outside the realm of statistical analysis.3At least for us plebeians in the public domain.And so, in the absence of a Durant analysis, let’s talk Reggie Jackson. Jackson’s third season was his best as a pro, and his emergence in the playoffs, including a 32-point performance in a vital win over the Memphis Grizzlies, gave the Thunder some hope that he could be a major piece going forward.His most valuable asset is his ability to attack off the dribble. According to SportVU, Jackson averaged 0.22 drives per minute last season, putting him 23rd in the league. He shot 48 percent on those drives, above average for a point guard, and generated more points for his teammates on drives when he did not shoot (0.74 per drive) than Kemba Walker and Jeff Teague, two other young starting point guards. Jackson’s ability to create for his teammates is not at an elite level, but it is improving; his assist rate increased to 23 percent last season.He’s an above-average defender, ranking as the 12th-best guard by Real Plus-Minus last season. But that likely overstates his ability; his length and speed help him match up well against point guards, but he gambles too often and doesn’t defend larger shooting guards well.Jackson is clearly the second-best guard on Oklahoma City’s roster, but he is not a natural two-guard. Scott Brooks may elect to start a better shooter, like Jeremy Lamb or Anthony Morrow, as a shooting guard, using Jackson off the bench. But in crunch time without Durant, a Westbrook-Jackson backcourt likely gives the Thunder the best chance to succeed. — John Ezekowitz For the past few seasons, the Mavericks’ offense has been composed of Dirk Nowitzki and people paid to play well with Dirk Nowitzki. Making people play nice can be hit or miss. In 2011, it hit, with the Mavericks beating the Miami Heat to win the NBA Championship. Other years, the strategy has usually been enough to get the Mavs a playoff berth, but rarely out of the first round.Dallas went through significant roster changes this summer and this year’s group of supporting specialists may be the team’s best yet. Judging by the decisions they made, the Mavericks sought out supporting players who possessed a few specific skills — breaking down the defense, creating shots for others, making open 3-pointers and finishing around the basket.The table below shows the better part of the Mavericks’ roster for this season and includes statistics on those offensive specialties, several of which come from the NBA’s SportVU Player Tracking statistics. For a glossary of what each term means, check out the footnotes4Drives are defined as any touch that started at least 20 feet from the basket and was dribbled to within 10 feet. Assist opportunities include all assists, as well as passes that led to shooting fouls and passes that would have been recorded as assists if the shot had been made. Catch-and-shoot 3-point attempts are those where the player held the ball for less than 2 seconds and shot without dribbling.:For a central offensive player, Nowitzki is remarkably flexible — comfortable in the post, at the elbow or behind the 3-point line, and willing to score, pass or act as a decoy. Depending on the matchup, the Mavericks may want to surround him with shooters, drivers, creators or finishers. Looking over the roster for this season reveals a wealth of options in each case.This table shows the number of players last season who met some elevated benchmarks in these categories, against the number of players currently on the roster who met those benchmarks:It’s Nowitzki that makes the Mavericks’ offense great. Having this array of subtly interchangeable offensive parts could make them into something even more this season. Just don’t ask about the other side of the court. — Ian Levy The NBA season, like a Stockton-Malone pick-and-roll, always arrives on time. To prepare for the next 1,230 games (All-Star festivities excluded), we took each player’s projected Real Plus-Minus and wins above replacement, calculated a total for each team, and ran 10,000 simulations of the NBA schedule to divine likely records and championship odds.1The rosters we used came from ESPN.com’s depth charts, and were current as of Monday, Oct. 20. We’ve split the teams into the lower and upper tiers in each conference; these are the eight teams that will likely make the playoffs from the West. (We previewed the West’s lower tier here.) So fill that Kevin Durant-sized hole in your heart with the stats, x-factors and regressions that could help determine the West’s pecking order. Basketball strategies come in and out of fashion, and last year the Trail Blazers might as well have been wearing dad jeans. In the post-“Moneyball” zeitgeist, long 2-point shots are verboten; it’s nearly always better to shoot a 3-pointer than a long, 2-point jump shot because the former has a higher expected number of points per attempt.But as with any fashionable tactic, there are those deploying countermoves. And the Trail Blazers’ LaMarcus Aldridge is that movement’s leader.Below is a plot of the top 100 players by the number of shots per game they attempted from 17 feet to 22 feet last season.2The NBA 3-point line ranges from 23 feet, 9 inches at its maximum to 22 feet at the corners. So the attempts plotted here do not include any 3-pointers. And look at Aldridge, up on a peak by himself:Aldridge took more of these types of shots than any other player in the league — 489 in 69 games, nearly two attempts per game more than the next-closest player. Carmelo Anthony and Dirk Nowitzki, two superstars also known for long 2s, attempted 4.5 and 3.6 such shots per game, respectively.And Aldridge made a lot of them. He ranked 25th in long jumpers made, at 45 percent. Anthony shot marginally better than Aldridge (at 46 percent), while Nowitzki hits at a ridiculous rate of 52 percent. But Aldridge is taking many more of these shots than either Anthony or Nowitzki.Shooting this well at distance allows for greater offensive spacing for other players. With Aldridge, Portland has an invaluable asset: a great player whose talents run counter to the prevailing trends in the league. — Andrew Flowers Last season DeAndre Jordan, the Clippers’ 26-year-old center, led the NBA in rebounding — by the conventional statistic of rebounds per game. Which is impressive! But in the advanced-stats age, few stats are as they seem. Just because Jordan pulled in a lot of rebounds doesn’t make him a good rebounder — assuming, that is, we know what a good rebounder is in the first place.A better statistic than rebounds per game is Total Rebound Percentage.8This statistic and the data plotted come from Basketball-Reference.com. This measures the percentage of all rebounds a player grabbed while on the floor, which means it adjusts for how many rebounds were available to be gathered. That can vary by the pace of play, the team’s shooting percentage and other factors. By this measure, Jordan grabbed 21.6 percent of available rebounds, making him third in the league last year, behind Andre Drummond and Omer Asik, who gobbled 22.3 percent and 21.7 percent of available rebounds, respectively.But even this “advanced” metric, while an improvement, is still flawed. A truly good rebounder should not just grab a lot of rebounds, but rebounds above and beyond what his team would get otherwise. In other words, he shouldn’t be a rebound cannibal.Luckily, we can measure this form of cannibalism. From the basketball stats blog Got Buckets, we have plus-minus statistics that tell us how much a player steals rebounds from teammates when he’s on the floor.9I ran a regression between a player’s offensive rebounding percentile (which measures how well the team rebounds when the player is on the floor, after controlling for teammates and opponents) and his offensive rebounding rate (which measures only the player’s own rebounds grabbed) to determine the relationship between the two aspects of rebounding. (I also repeated the analysis for defensive rebound percentile and defensive rebounding rate.) For the entire population of NBA players, it’s a strong relationship, so there isn’t usually much difference between a player’s actual percentile and what we would predict from his individual numbers. However, some rebounders help their teams more or less than you would think from their own rebounding stats. With this data we can test whether prolific board-grabbers actually improve their teams in that category, essentially identifying “selfish” and “unselfish” rebounders.On the offensive boards, Jordan is a slightly unselfish rebounder, with his team ranking about three percentiles higher than you’d think given the share of offensive boards he grabs. (In the charts below, the unselfish players are above the lines, and the selfish ones below.)On defense, however, Jordan is a hungry cannibal.Even though he’s one of the most prolific defensive rebounders in the league (taking nearly 30 percent of available boards), the Clippers are 24 percentile points worse in this category when he plays, relative to what you’d think given how good Jordan is.Drummond is even more of a cannibal with the Detroit Pistons, however. The real winner seems to be Asik for the Houston Rockets, who, for a player in the top three in rebounding rates, still seems rather unselfish.Jordan is a good player, and a great rebounder. But don’t take his raw rebounding stats as gospel. — Andrew Flowers Across the entire league, the percentage of shot attempts that have come on 3-pointers has been increasing by about 1.5 percentage points per season over the last three seasons. Last year, for the first time in league history, more than a quarter of the shots taken were 3-pointers.That revolution has not yet reached Memphis.Last season just 16.9 percent of the Grizzlies’ shot attempts were 3-pointers, lowest in the league for the second consecutive year. Over those two years, the Grizzlies have attempted nearly 500 fewer 3-pointers than any other team. This strange, against-the-grain trend is a mix of design and circumstance, but the circumstances might be about to change.One of the reasons 3-point attempts have been going up around the league is that more and more big men are venturing out to the perimeter. The Grizzlies don’t have the personnel for that. They play a tough, interior style built around Zach Randolph and Marc Gasol, neither of whom has 3-point range. Their focus on defense also means a significant number of minutes have been given to wing-stopper Tony Allen, who doesn’t have 3-point range either.But this year, the team gets back its best 3-point shooter from 2012-13, Quincy Pondexter, who missed all but 15 games last year with a stress fracture in his foot. (Tayshaun Prince took most of Pondexter’s minutes and had a disastrous shooting season.)Going into this season, small-forward minutes should be going to a healthy Pondexter and Vince Carter, who was signed to replace the departed Mike Miller. You can see from the table below that Pondexter (whose 2012-13 numbers are shown) and Carter are both excellent 3-point shooters, and together they are much more active behind the arc than the Miller/Prince combination was.The Grizzlies likely aren’t going to be breaking any 3-point records this season. Their offense will still be run through Randolph on the low block and Gasol in the high post; defense will still be given priority in most rotation decisions. However, this season the Grizzlies should have just a little more 3-point talent than they’ve had in the past, enough to add some much-needed variety to their scoring attack and to make them that much more dangerous in the Western Conference. — Ian Levy Very few first-time NBA coaches are lucky enough to inherit a team as talented as the one Steve Kerr has in the Golden State Warriors this year. Last year, Stephen Curry and Klay Thompson shared one of the most remarkable offensive seasons any starting backcourt has had in the NBA since 2000. Together, they averaged a 55 percent effective field goal percentage10Effective field goal percentage accounts for the additional value of 3-point shots. The formula is (FG Made + 0.5* 3-Pointers Made)/FG Attempted. while combining to take 38 percent of the Warriors’ shots. That is the best eFG percentage for any backcourt that took more than 35 percent of its team’s shots since 2000.Kerr also inherits a defense that finished fourth in the league in defensive efficiency last season. Golden State’s defensive prowess, built on holding opponents to 46 percent shooting from inside the arc, the third-best mark in the league, was masked by its frenetic pace. The Warriors were sixth in the league in tempo last season, which meant that they actually gave up only the 10th-fewest points per game.Much of Golden State’s defensive success can be attributed to the signing of Andre Iguodala, perennially ranked by advanced metrics and scouts alike as one of the best wing defenders in the league. But drafting Draymond Green also helped. Green was the afterthought of the Warriors’ 2012 draft; Harrison Barnes, drafted seventh overall, was supposed to be the star. But Green quietly had a breakout campaign last year. He had the best defensive rebounding percentage (19.3 percent) of any small forward who played more than 15 minutes per game, and also was in the top three in block percentage and steals percentage. Green averaged only 21 minutes per game last season. He deserves more under Kerr.For Golden State to break through to a Western Conference finals appearance (or beyond), Kerr and associate head coach Alvin Gentry will have to maintain the team’s defensive record. Neither has ever presided over a top-10 defense in the NBA. They will also need the three veterans over 30 years old — Andrew Bogut, David Lee and Iguodala — to remain healthy, something that has not happened in recent seasons. The Warriors’ core is not getting any younger, and the elite in the West are not getting worse. But that’s for Kerr to worry about next year. For now, he needs to capitalize on his roster’s head start. — John Ezekowitz
OSU fullback Ronan Forrestal during a game against Wisconsin on Oct. 24. Credit: Courtesy of GJ HildebrandtFor the second year in a row, the Ohio State men’s club rugby team is preparing to play in the Big Ten Universities Rugby Conference Championships on Saturday.A tight race for the top two spots in the conference came to a close Saturday when the Buckeyes narrowly defeated Michigan 35-31 to solidify their opportunity to play for the conference title.Senior flanker and co-president of the rugby club Jake Berlin said the final minutes of the game against Michigan were a culmination of the squad’s season.“In the final seconds, your position on the field didn’t matter; it was all about grabbing the man next to you and doing whatever you could to crush that seed of doubt and prevent Michigan from crossing that line,” Berlin said. “Everything we worked toward came together in those final seconds.”Last season, the Buckeyes fell short in the championship game against Wisconsin, but this year the team feels stronger and better prepared after instituting a tougher practice schedule and 6 a.m. workouts three days a week.“Last year, I’d say we wanted to have the focus of being out here and being competitive, but it wasn’t there. This year it’s incredible,” sophomore lock and co-president Nathan Grose said. “Doing that stuff just brought everyone together, you show up at 6 a.m. and yeah it sucks, but it sucks with everyone else. We know we’re all getting better.”Berlin said he’s seen the work ethic of the program grow over time.“I can say right now the team is probably closer than it’s ever been in my four years, there’s kind of this old rugby culture that was around before I came in. It was a lot about more fun than actually working hard,” Berlin said. “I think myself and the captains have kind of gotten rid of that and started a culture that’s ‘work hard, play hard.’”Coach Ron Bowers, who played rugby at OSU from 1987-1991, said he is impressed with how the level of collegiate rugby has risen both since his playing days and over the last few years.“There are bigger, faster, stronger athletes,” Bowers said. “In Ohio now, there’s a lot more high school rugby, so they’re coming to us with three or four years of experience already, which makes a huge difference.”Despite the rise of high school rugby, many of those athletes got their starts playing football in high school, including senior 8-man/flanker and captain Santino Cua.“In high school I kind of wanted to play collegiate football and thought rugby would be a good way to hone in my skills. But I fell in love with the sport and chose to play it over collegiate football,” Cua said.While rugby is growing — plans for the first professional league in North America were announced Monday — it remains a relatively unknown sport in the U.S. However, Grose said those who start with it usually stick with it.“In high school, you see guys quit football to play rugby, but nobody ever quit rugby to play another sport,” Grose said. “I decided to try it out here, and I fell in love with it, fell in love with the team and it’s been awesome.”Cua said the team’s camaraderie and passion for the sport and team were the keys against Michigan and will be the keys moving forward.“The win over Michigan only happened because we had 15 guys who refused to let their brothers down. The bond amongst our players proved stronger than Michigan on Saturday,” Cua said. “It is one of those intangible characteristics that define a championship team, which is exactly what we plan to be come Saturday afternoon.”The Buckeyes are set to take on the Indiana Hoosiers for the Big Ten Universities Rugby Conference Championships on Saturday at 1 p.m. in Rockford, Illinois.
May 31, 2017 Here Are the Airports You Can’t Fly From With Your Laptop The Department of Homeland Security announced on Tuesday that it would not be implementing a ban on laptops and other electronic devices on flights to the United States from Europe.Whether the U.S. government will pursue a rule like this in the future remains uncertain, and there are reports that European and United States officials differ on whether a ban or similar regulation should be instituted at some point in the future, with the Trump Administration reportedly still considering it.Related: A Quick Explainer of the Laptop Ban for Some International TravelersIn March, the U.S. Department of Homeland Security issued a rule that requires passengers flying to the United States from 10 airports in Muslim-majority countries to put electronics bigger than a smartphone into their checked luggage. The DHS categorized cameras, e-readers, portable DVD players, tablets, travel printers and scanners and laptops as the devices that wouldn’t be allowed on board.The airports that were affected by the ban are Abu Dhabi International Airport, Dubai International Airport, Cairo International Airport, Queen Alia International Airport, Kuwait International Airport, Mohammed V Airport, Hamad International Airport, King Khalid International Airport, King Abdul-Aziz International Airport and Ataturk International Airport. Next Article The only list that measures privately-held company performance across multiple dimensions—not just revenue. Nina Zipkin 2019 Entrepreneur 360 List Add to Queue Apply Now » Entrepreneur Staff Image credit: Shutterstock.com 1 min read Travel Here is how you could be affected by the rule. Staff Writer. Covers leadership, media, technology and culture. –shares
Add to Queue Is the Gig Economy Killing the 9-to-5 Job? No, But It’s Giving It a Run for Its Money. Image credit: REB Images | Getty Images Fireside Chat | July 25: Three Surprising Ways to Build Your Brand –shares Boomers, in particular, are benefiting in retirement (or semi-retirement) as Uber drivers, knowledge workers and dog-walkers. Prime Time TV and Radio Show Host, Author, Speaker 6 min read Opinions expressed by Entrepreneur contributors are their own. Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Jeffrey Hayzlett Next Article March 16, 2018 Gig Economy VIP Contributor The gig economy has been on the rise for a number of years, and that fact can be attributed to a two overriding factors: millennials seeking more freedom and baby boomers looking to supplement their incomes.Related: 10 of the Highest Paying Gig Economy Jobs of 2018The gig economy’s success can also be traced to the effects of the 2007-2008 economic recession.Those of us who are entrepreneurs, meanwhile, automatically join this economy the moment we leave corporate America. We give up a steady paycheck, job security and stability and corporate perks to launch our ventures, which almost always involve high risk.And we’re not alone in that regard.Who is represented in the “gig economy”?According to a 2016 report from Upwork and the Freelancers Union, 55 million people (or 35 percent of the total U.S. workforce) are choosing freelance gigs. In 2017, there was a slight uptick in freelancing gigs, to 57.3 million (or 36 percent of the workforce).In addition, more workers these days are receptive to exchanging security for freedom: Research by ManpowerGroup surveyed over 9,000 global workers, and 87 percent of those surveyed said they would be open to jumping into the gig economy for their next position. That’s good for all of us, because the gig workforce is adding $715 billion annually to the economy through freelance work. What does the “gig economy” constitute?The gig economy is defined as an “environment in which temporary positions are common and organizations contract with independent workers for short-term engagements.” In the last two decades, there’s been a steady increase in workers joining this segment, either by chance or choice. And though nearly ten years has elapsed since the recession, the gig economy shows no signs of slowing down.Related: 10 of the Highest Paying Gig Economy Jobs of 2018In recent years, various population shifts have helped account for this: First, millennials have become the largest generation that’s fully employed, and more than a third of them are independent workers. And, baby boomers, meanwhile, are joining the gig economy’s ranks in droves as a way to supplement their incomes — and keep their retirement savings intact. A study by Bankers Life Center for a Secure Retirement found that middle-income boomers who expect to eventually rely on Social Security for their primary source of retirement income rose from 30 percent in 2007 to 38 percent today.Yet, those seniors would be wise to delay social security as long as they can — because the more they delay, the more their benefits rise. And, in this regard, the gig economy is a big help (at least until age 70, when benefits stop rising). Boomers are apparently aware of this fact, evidenced by recent data which shows that one-third of future retirees surveyed expected to have employment income, which would make up at least a quarter of their income. An interesting fact here is that the gig economy has actually encouraged older women (ages 51-70), who are often underrepresented in entrepreneurship, to stay active during retirement, according to Hyperwallet.So, what industries are good for baby boomers and retirees to enter? Here are four that retirees seem to be flocking to.Airbnb and UberThe shared economy made a splash a few years back with the intent of turning people’s underutilized resources like a spare bedroom or a car into a more profitable venue. While this entrepreneurial idea wasn’t exactly surprising, the population segment most engaged here was — and is: retirees taking advantage of these platforms to supplement their income.In 2015, AARP partnered with Uber through its Life Reimagined program to create job opportunities for seniors as drivers. Uber had empty positions available, and boomers continued to retire — a win-win for both sides. Today, many retirees drive between 20 and 30 hours a week and are considered ideal drivers because they usually own their own cars and have fewer crashes.In the hospitality area, Airbnb has reported that women over 60 are its most successful hosts; and seniors (hosts 60 or older) are the fastest-growing community of providers. In fact, 64 percent of tAirbnb’s senior hosts are women. The hospitality company identified this group, typically, as “empty nesters” earning an average of just under $6,000 a year.Pet careIt’s no secret that pets provide companionship and are beneficial in helping reduce stress, lower blood pressure and increase social interactions. Another means to that end is exercise; so, with the gig economy, the opportunity arose to combine the two.As a result, companies like DogVacay, which match dog owners with dog walkers, arose; and most of those signing up to provide pet care were people over 50.Dog-sitting was another need — because people travel and don’t want to consign their beloved animals to a kennel or a less-than-enthusiastic family member. That’s how sites like Rover appeared, aiming to connect dog sitters, dog lovers and walkers all over the country — and produce extra income for the contractors, often boomers, signing up.Professional servicesWe all know of someone in his or her 50s and 60s who has been laid off or forced into early retirement. What to do now? Use those industry-honed skills, of course. And often that means the “knowledge” part of the gig economy — a marketplace where people sell their professional or creative skills.Platforms like Fiverr match freelancers with businesses that have specific project needs in areas like graphic design, marketing, coding or translation services. A survey by Mavenlink of U.S. executive4s found that 47 percent of companies are looking to hire contractors to fill management or senior executive roles, including many in the C-suite. The survey also revealed that two of the most desired qualities in contractors were specialized degrees and decades of experience.HealthcareIn recent years, the healthcare industry has jumped into the fray and begun hiring temp employees, or locum tenens, which has become a lucrative option for many. Hospitals and medical facilities face a shortage of professionals — an estimated 900,000 unfilled positions — and need to hire doctors, specialists and clinicians.The medical professional demand is high due to an aging population, and the trend is not letting up. By 2050, the population over 65 is expected to hit 87.6 million.One response is travel nursing services. With 50 percent of hospitals using these professionals, the demands for them is now at a 20-year high. Fifty percent of hospitals use this service to handle seasonal staffing shortages, with the average assignment lasting approximately 13 weeks.Related: Top 5 Ways Freelancers Can Stay Competitive in the Gig EconomyOverall, the gig economy may not be killing the 9-to-5, but it’s certainly making it work hard for its money. The result may be that retirement is not as scary for as many people. Indeed, more seniors are taking the plunge into the gig economy, because being in control of your destiny is an attractive option once those steady paychecks come to an end. Enroll Now for $5
Add to Queue 2019 Entrepreneur 360 List American culture is saturated with popular shows, movies, music and sporting events — but only a handful manage to really permeate mainstream consciousness. And though there are many ways to make money in the $771 billion dollar entertainment industry, cultural phenomena like HBO’s Game of Thrones, the Super Bowl, and Hamilton — wildly divergent though they are — offer lessons for entrepreneurs who aspire to replicate, or surpass, their success.Related: Your Next Great Innovation for Your Business Might Come From Another IndustryGame of Thrones, the Super Bowl and more.Even if you’ve never seen a single episode of the series, you likely know millions of people watched the recent finale of the seventh season of Game of Thrones. Episodes throughout this season averaged a staggering 30 million viewers. And the finale was, in no uncertain terms, an event everyone seemed to be talking about, both on and off social media and in countless print and online publications. The show has earned HBO $2.973 billion in quarterly revenue as of Q2 2017. Expect viewership and revenue to continue to rise with the highly anticipated final season to air this spring.With diverse viewership and sky-high ratings, Game of Thrones has succeeded in achieving this ubiquitous status — but even this acclaimed series still pales in comparison to the single largest cultural event in America: the Super Bowl. In just a few hours, the Super Bowl reaches roughly four times the audience Game of Thrones attracted every episode. Nielsen pegs the total number of Super Bowl LI viewers at roughly 113 million, and no other cultural event comes close. The event dominates the media cycle in a manner usually reserved for natural disasters and presidential elections. Year after year, the Super Bowl makes the NFL more than 13 billion dollars.Broad appeal or subculture status?It’s no question why entrepreneurs want to emulate the success of cultural events like Game of Thrones and the Super Bowl — only a question of how. High-performing cultural events aren’t always national crazes with widespread media coverage. This past year’s highest grossing concert series was Ed Sheeran, which made more than $420 million. And the WWE professional wrestling league enjoys a fanatical following and continues to reap the benefits. Their most recent quarterly report claims they made $188 million in revenue.Similarly, Broadway musical Hamilton made about $1.5 billion over the course of its historic run. Sure, it’s a critically acclaimed play that’s received accolades and generous media coverage, but the musical only appeals to a very small segment of the population– and even fewer people have actually seen the show, as those who’ve tried to win the Hamilton ticket lottery understand. What these successes prove is that you don’t have to be broadly appealing to be successful. You just have to appeal to the right audience, one that’s willing and able to elevate your media to cultural event status.Related: 6 Ways to Become an Influencer Behind the CameraBridging the gap and getting to the next big thing.So, what would it take for an entrepreneur to bridge the gap between Game of Thrones, the Super Bowl, Hamilton and other mega-successful cultural events? It’s hard to say what a media property like this might look like: it would have to both entice millions of viewers and sell tickets to fill stadiums, asking fans to show up and tune in. It will have to appeal broadly and be niche at the same time. And it won’t be easy. In this oversaturated cultural moment, entrepreneurs may have to invent a new sport or take advantage of a new medium, like virtual reality. Here’s what entrepreneurs aiming for the next big sensation should keep in mind:Your product will make or break you, so there’s no way around investing in creative talent. The next all-encompassing entertainment event will be built on talent, so start by finding the best storytellers, actors and athletes — all of whom have much more in common than you might think. They, and you, will need an organization that empowers them to perform, selling out stadiums and attracting viewers far and wide. Skimping on talent is a surefire recipe for failure. Look no further than the failures of UPN and the WB for a cautionary tale. These networks were willing to invest in a new network, but not in shows that people actually wanted to watch. Gawker reported that they lost their parent company, Paramount, more than $500 million each before they folded in 2006.Building infrastructure is crucial, and it’s worth every penny in the long run. MetLife Stadium cost $1.6 billion to build, but it will prove to be worth every penny for its owners (and the NFL). Similarly, HBO invested in the massive infrastructure it needed to film Game of Thrones without outsourcing. The WWE even shelled out for its own television network — and it paid off. And infrastructure isn’t just stadiums and film crews. The most impactful cultural events cultivate enormous, engaged social media followings, like the 27.6 million users who tweeted during Super Bowl LI using hashtag #SB52. Related: 3 Outside-the-Box Strategies to Keep Your Talent Development Plan RelevantSo, what can entrepreneurs learn from cultural phenomena like Game of Thrones, the Super Bowl and Hamilton? First, that creating entertainment events like these is no easy feat — but it is possible. Identifying a niche audience, expanding your idea to appeal more broadly, and investing in creative talent and infrastructure will all be necessary to make the next big thing an even bigger hit. Guest Writer –shares Founder and CEO of Complete SET Agency News and Trends Opinions expressed by Entrepreneur contributors are their own. Step one is investing in creative talent. 5 min read February 10, 2019 Tanner Simkins Entrepreneurial Lessons From ‘Game of Thrones’ and the Super Bowl The only list that measures privately-held company performance across multiple dimensions—not just revenue. Next Article Image credit: HBO Apply Now »
Source:https://www.endocrine.org/ Reviewed by James Ives, M.Psych. (Editor)Mar 25 2019The ketogenic diet recently has been touted for weight loss and improving blood sugar control, but a new study finds that females fail to show these metabolic benefits on this high-fat, very low-carbohydrate diet. Results of the animal study will be presented Sunday at the Endocrine Society’s annual meeting in New Orleans, La.”Our findings in mice suggest that females on the ketogenic diet are less likely than males to experience significant fat loss and are more likely to exhibit impaired blood sugar control,” said study lead investigator Jesse Cochran, a research assistant at the University of Iowa in Iowa City, Iowa. “These results may help explain discrepancies in this diet’s success rates across the sexes.”Related StoriesDiet and nutrition influence microbiome in colonic mucosaHigh salt intake inhibits tumor growth in mice, shows studyPlant-based diet may be effective treatment for Crohn’s diseaseOriginally used as a treatment for epilepsy, the ketogenic diet, which is sometimes called the keto diet, greatly restricts consumption of carbohydrates (starches, sugars and fibers) and proteins. This makes the body switch from burning carbohydrates for energy, which it does naturally, to burning stored fat. The liver converts fat to ketone bodies in a process called ketosis.”Most studies of the ketogenic diet for weight loss have taken place in small numbers of patients or in only male mice, so sex-based differences in response to this diet are unclear,” said senior investigator E. Dale Abel, M.D., Ph.D., chair of the University of Iowa Department of Internal Medicine and president-elect of the Endocrine Society.Working under Abel’s supervision, Cochran studied both male and female mice. He fed them either a ketogenic diet or a regular diet as a control. The control diet consisted of 7 percent fat, 47 percent carbohydrates and 19 percent protein by mass, whereas the keto diet was 75 percent fat, 3 percent carbohydrates and 8 percent protein by mass. After 15 weeks of feeding, the female mice on the ketogenic diet displayed no changes in weight and had impaired blood sugar control compared with females on the control diet, he reported. In male mice, however, body weight decreased on the ketogenic diet while blood sugar control was maintained. However, males on the ketogenic diet displayed signs of worsened non-alcoholic fatty liver disease.Speculating that estrogen plays a role in the differing response to the ketogenic diet, Cochran removed the ovaries of some female mice and tested both diets. Compared to mice fed a control diet, ovariectomized mice on a ketogenic diet had decreased body weight and body fat.”This finding suggests that postmenopausal women could potentially experience better weight loss outcomes with the ketogenic diet compared to younger women,” Cochran said.Abel recommended that people considering a ketogenic diet discuss it with their doctor or a dietitian first, noting that some feel worse while on this diet or have trouble sticking to it.