Day: October 1, 2019

7 Inspiring Movies to Watch When You Are Low on Motivation

We have all had days when we have woken up feeling uninspired and listless. Those are the days when we know we have a long list of tasks to do, but are unable to find the energy to get started. All we want to do is lie in bed and binge eat.

At such times, do you know what can help? Watching movies for motivation.

Movies have the power to move us in ways we can never imagine. They compel us to think, introspect, and reconsider our perspectives.

So, the next time you are low on motivation, don’t beat yourself over it. Allow yourself to just be and watch an inspirational movie instead.

Here is a list of 7 inspiring movies to watch when you are low on motivation:

Rocky (1976)

rocky
Via bcmoviediary.com

“Going in one more round when you don’t think you can. That’s what makes all the difference in your life.”

It’s been over four decades since this movie was released but it still manages to have the same impact on people who watch it even today.

Headlined by Sylvester Stallone, Rocky is a boxing drama film that teaches some key life lessons in the process. It speaks about believing in yourself, always putting up a good fight, and, having relentless persistence in the face of adversity.

The Pursuit of Happyness (2006)

the pursuit of happyness

“Don’t ever let someone tell you that you can’t do something. Not even me. You got a dream, you gotta protect it.”

The Pursuit of Happyness is about a man dealing with life’s struggles and how he chooses to go beyond them and fight for his dreams. All this man had was motivation and that was enough for him to rise from nothing and make his dreams come true.

If this isn’t encouraging, then what is?

The Pursuit of Happyness is power-packed with inspiration. It is bound to leave you with a renewed sense of hope and courage to never accept defeat.

Life of Pi (2012)

life-of-pi
Via filmblerg.com

“I was giving up. I would have given up – if a voice hadn’t made itself heard in my heart. The voice said “I will not die. I refuse it. I will make it through this nightmare. I will beat the odds, as great as they are. I have survived so far, miraculously. Now I will turn miracle into routine.”

Life of Pi is about how a sixteen-year old boy finds himself stranded in a lifeboat with a hyena, orangutan, zebra, and a Bengal tiger. He survives because of his undying faith in himself and a better world. It tells us how determination and faith can help us live our best life.

The Diary of Anne Frank (1959)

the diary of anne frank
Via cinemacats.com

“Everyone has inside of him a piece of good news. The good news is that you don’t know how great you can be! How much you can love! What you can accomplish! And what your potential is!”

Here’s a poignant story about a young girl who recorded her experiences in a diary while she and her family were in hiding in a warehouse during the Nazi regime.

Heartbreaking and motivating at the same time, this movie pushes you to see life in a new light. It uplifts you, makes you weep and leaves you inspired as this young girl teaches you some of the greatest life lessons.

Coach Carter (2005)

coach_carter
Via impaled.ws

“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light, not our darkness that most frightens us. Your playing small does not serve the world. There is nothing enlightened about shrinking so that other people don’t feel insecure around you. We are all meant to shine as children do.”

Coach Carter might be based on a basketball coach, but it delivers critical lessons. Through Carter, we learn about discipline, hard work, humility, respect and fearlessness. From students struggling to find motivation in college to entrepreneurs lacking courage to take risks – everyone needs to watch this powerful movie.

Julie and Julia (2009)

julie-and-julia
Via newonnetflix.ca

“Julia taught me what it takes to find your way in the world. It’s not what I thought it was. I thought it was all about-I don’t know, confidence or will or luck. Those are all some good things to have, no question. But there’s something else, something that these things grow out of. It’s joy.”

Julie and Julia is a heartwarming movie which teaches us how it’s never too late to make your dreams come true, rediscover yourself, and find joy. A must-watch for women, this movie gives you a dose of motivation in the most humorous and entertaining manner.

The Lion King

the lion king
Via bbc.co.uk

“Believe in yourself and there will come a day when others will have no choice but to believe with you.”

What’s impeccable about this movie is that it can be enjoyed by kids and adults alike. Whether it’s the inevitability of life, believing in yourself, forgiveness, learning from past experiences or conquering challenges – Lion King is a powerhouse of valuable life lessons that has something for people across all ages and stages.

See Also: 30 Best Inspirational and Motivational Quotes of the Day

The post 7 Inspiring Movies to Watch When You Are Low on Motivation appeared first on Dumb Little Man.

Airport buggy spinning in circles is the perfect metaphor for 2019

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If you want to understand what’s going on in Washington D.C. right now, you could read any one of the impeachment explainers going around, or watch snarky wrap-ups by your favorite late-night hosts

Or you could just watch this video of a driverless airport catering cart spinning wildly out of control on the tarmac, endangering everyone around it as they stare in horror, unsure of how exactly to handle this unprecedented disaster in the making.

Dr Kevin Klauer took the video from the departures lounge at O’Hare Airport in Chicago, where he was waiting for a flight (on a different plane to the one pictured) when the commotion out the window caught his eye. Read more…

More about Viral Videos, Airport, O Hare, Culture, and Politics

In the dual-class shares debate, the big exchanges should get off the sidelines

Adam Neumann’s fall from grace was astonishingly swift once his company, WeWork, filed to go public in August. Even while his spending was fairly well-documented across time (as were his apparent conflicts of interest), he was humiliated for enriching himself, then ultimately kicked out of the corner office before the company, in the least surprising turn of events in recent weeks, today yanked its S-1 registration.

Neumann never exactly hid who he is or how he operates, so what suddenly sparked the ire of reporters — and investors — around the world? What, exactly, in an ultimately unsurprising IPO filing had people coughing up their morning coffee? Boiled down to the worst offense (including selling his own company the trademark “We” for $5.9 million in stock) was very likely the lock on control that Neumann had set up through a multi-class voting structure that aimed to cement his control. And by ‘cement,’ we mean he would enjoy overwhelming control for not just for 5 or 10 years after the company went public but, unless Neumann sold a bunch of of his shares, until his death or “permanent incapacity.”

Given that Neumann is just 40 years old and (mostly) abstains from meat, that could have been an awfully long time. Yet this wasn’t some madcap idea of his. There are plenty of founders who have or who plan to go public with dual or multi-class shares designed to keep them in control until they kick the bucket. In some cases, it’s even more extreme that that.

Consider at Lyft, for example, Logan Green and John Zimmer hold high-voting shares entitling them to twenty votes per share not until each is dead but both of them. If one of them dies or becomes incapacitated, Lyft’s so-called sunset clause enables the remaining cofounder to control the votes of the deceased cofounder. Even more, after the lone survivor bites the dust, those votes still aren’t up for grabs. Instead, a trustee will retain that person’s full voting powers for a transition period of 9 to 18 months.

The same is true over at Snap, where cofounders Evan Spiegel and Bobby Murphy have designated the other as their respective proxies. Accordingly, when one dies, the other could individually control nearly all of the voting power of Snap’s outstanding capital stock.

Unbelievably, that’s not the worst of it. Many dual class shares are written in such a way that founders can pass along control to their heirs. As SEC Commissioner Robert Jackson, a longtime legal scholar and law professor, told an audience last year, it’s no academic exercise.

You see, nearly half of the companies who went public with dual-class over the last 15 years gave corporate insiders outsized voting rights in perpetuity. Those companies are asking shareholders to trust management’s business judgment—not just for five years, or 10 years, or even 50 years. Forever.

So perpetual dual-class ownership—forever shares—don’t just ask investors to trust a visionary founder. It asks them to trust that founder’s kids. And their kids’ kids. And their grandkid’s kids. (Some of whom may, or may not, be visionaries.) It raises the prospect that control over our public companies, and ultimately of Main Street’s retirement savings, will be forever held by a small, elite group of corporate insiders—who will pass that power down to their heirs.

Why public market investors haven’t pushed back on such extremes isn’t clear, though they’re far from an homogenous group, of course. Surely, some aren’t aware of what they’re agreeing to when they’re buying shares, given that dual-class structures are far more prevalent than they once were. Other investors may plan to churn out of the shares so quickly that they’re uninterested in a company’s potential governance issues later in time.

A third possibility, suggests Jay Ritter, who is a professor of finance at the University of Florida and an I.P.O. expert, is that even with dual-class structures, shareholders have legal rights that limit that ability of an executive who has voting control to do anything he or she wants. Further, the board of directors, including the CEO, has a fiduciary duty to maximize shareholder value.

Says Ritter, “I don’t think it’s accidental that with the We Company, the board of directors let [Neumann] get away with various things, and as it was transitioning to a public company, a lot of [outside participants] pushed and said, ‘This is a company where we’re worried about corporate governance and we’re willing to apply a big discount to people with inferior voting rights.’”

Of course, some investors believe visionary founders should be left to control their companies as long as they wish because, in the case of Alphabet and Facebook specifically, their founders have produced asymmetric returns for many years. But we’re still fairly early into this experiment. Do we really want more situations like we saw with Sumner Redstone of Viacom, with trials over founders’ mental capacity playing out in the media?

For his part, Alan Patricof — the renowned venture capitalist who founded the private equity firm Apax Partners before cofounding the venture firm Greycroft — say he isn’t looking forward to that future. Instead, he think it’s time the exchanges that list these companies’ shares do something about it. “I”m not holier than thou in this industry,” says Patricof, “but if you want to be a publicly traded company, you should act like a public company.” To Patricof, that means one vote for one share — period.

There’s a precedent for intervention. Patricof notes that dual-class stock first emerged in 1895 and by that 1926, there were 183 companies with such stock. It became so widespread, that the New York Stock Exchange banned the use of non-voting stock until 1956, when it made changed its rules for the Ford Motor Company, which granted only partial voting rights to new shareholders. In the ensuing years, few companies took advantage of dual-class listings until Google bounded onto the scene and now, 15 years after its IPO, it’s like 1926 all again.

Indeed, while Patricof is sympathetic to the argument that founders might need protection for a few years after an IPO, things have gone way too far, in his estimation, and he thinks the best solution would be for the NYSE and Nasdaq to meet for lunch and decide to ban multi-class shares again.

There aren’t a lot of other options. VCs aren’t going to force the issue by turning away founders with whom they want to work. Neither are bankers or large institutional investors like mutual funds; they’ve also shown they’re more than happy to look the other way if it means money in their pockets. “I could be wrong,” says Patricof, “but I don’t think it would that tough for [the big exchanges] to impose a ban that keeps founders from wielding so much power at the expense of the company’s other shareholders.”

Given how fiercely competitive the exchanges are, it’s certainly hard to imagine, this meeting of the minds. But the only other plausible path back to a saner system would seemingly be the Securities & Exchange Commission, and it seems disinclined to do anything about the issue.

Indeed, while Commissioner Jackson has advocated for change, SEC Chairman Jay Clayton would clearly prefer to leave well enough alone. After the S&P Dow Jones Indices and another major index company, FTSE Russell, decided to ban all companies with multiple classes of stock a couple of years ago — they’re uncomfortable with forcing popular index funds to buy stakes in companies that give investors little say in corporate decisions — Clayton reportedly called the moves “governance by indexation” at a conference.

He’s worried that the indexes are being heavy-handed. On the other hand, something has to give, and a lot of market participants might rather see companies being forced to do abandon dual-class shares — or, at least, forced to dismantle their multi-class structures after a fixed period — to watching those with with unchecked power get broken into pieces afterward.

The reality is that neither WeWork, nor Neumann, are not the zany outliers they’ve been made to seem. They’re very much a product of their time, and if public market shareholders don’t want to see more of the same, something has to be done. It might be incumbent on the exchanges to do it.