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Nvidia CEO Says ‘We’re Scaring People’ with AI Talk
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Plus: Entrepreneur turned down $400M, bankruptcies up 50%, and the interview question recruiters love. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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JULY 31, 2026
</td>
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<p style="font-weight: bold; font-size: 15px; margin-bottom: 10px; color: #0073e6;">
What's on deck today:
</p>
<ul style="margin-top: 0; margin-bottom: 0; padding-left: 22px; color: #333333;">
<li>
An entrepreneur just turned down $400M
</li>
<li>
Nvidia's CEO warning for leaders
</li>
<li>
Bankruptcies are up 50% but there's a surprising upside
</li>
<li>
The interview question that makes recruiters want you
</li>
</ul>
<hr style="border: 0; border-top: 1px solid #e0e0e0; margin: 18px 0;"/>
<p style="font-weight: bold; font-size: 15px; margin-bottom: 10px; color: #0073e6;">
Market snapshot:
</p>
<ul style="margin-top: 0; margin-bottom: 0; padding-left: 22px; color: #333333;">
<li>
S&P 500
<span style="color: #008000;">
▲ 1.68%
</span>
</li>
<li>
Dow Jones
<span style="color: #008000;">
▲ 1.18%
</span>
</li>
<li>
NASDAQ
<span style="color: #008000;">
▲ 2.64%
</span>
</li>
</ul>
<hr style="border: 0; border-top: 1px solid #e0e0e0; margin: 18px 0;"/>
<p style="font-weight: bold; font-size: 15px; margin-bottom: 10px; color: #0073e6;">
Launch Your Business Faster:
</p>
<p style="margin-top: 0; margin-bottom: 10px; color: #333333;">
Form your business with ease. We handle the paperwork, filings and compliance so you can focus on building and growing your vision.
</p>
<p style="margin-top: 4px; margin-bottom: 0;">
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Get started today
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</p>
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<h2 align="left" style="margin:0; line-height:115%; text-align:left; font-weight:normal; font-size:22px">
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<a data-hs-link-id="0" data-hs-link-id-v2="4is33tbS" rel="noopener" style="text-decoration:none; font-weight:bold; color:#000000" target="_blank">
This 83-Year-Old Entrepreneur Is Rejecting a $400 Million Payday: 'I Don’t Need a 200-Foot Yacht'
</a>
</span>
</span>
</span>
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</h2>
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<div style="line-height:150%">
<span style="font-weight: bold;">
</span>
<p style="line-height:150%">
<span style="font-weight: bold;">
In 1968, Eddie Smith Jr.’s path
</span>
was far from guaranteed success or riches. That year, he took a gamble on a struggling boat company in Greenville, North Carolina, buying the company even though it was barely staying afloat.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
Smith managed to steer the company to success, initially putting in 100-hour weeks to turn things around. Over the years, he rebuilt the business, called
<a data-hs-link-id="0" data-hs-link-id-v2="QSkrkj9P" style="color:#2563eb" target="_blank">
Grady-White Boats
</a>
, into a powerhouse known for its high-end recreational fishing boats. Today, Grady-White generates hundreds of millions of dollars in annual revenue and has been profitable for 50 years.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
Notably, Smith did it all on his own terms, never bringing in outside investors or taking the company public. He said in a
<a data-hs-link-id="0" data-hs-link-id-v2="ALpIp3vm" style="color:#2563eb" target="_blank">
recent interview
</a>
with The New York Times that he “had a burning desire” to prove that he could do something on his own.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
Now, at age 83, Smith has made his boldest decision yet. He has walked away from a potential $400 million sale and committed all of Grady-White’s future profits to charity, according to the Times.
</p>
</div>
<ul style="line-height:150%">
</ul>
</div>
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5 Habits of High-Earning Franchise Owners
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Join Scott Greenberg, franchise expert and author of The Wealthy Franchisee, for a free live virtual event on the habits that separate top performers from the rest.
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📈
<span style="font-size: 13px;">
MONEY & FINANCE
</span>
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Personal Bankruptcies Are Up Nearly 50% Over the Past Three Years, But Is That a Bad Thing?
</a>
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</h2>
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<p style="line-height:150%">
<span style="font-weight: bold;">
Bankruptcy is usually associated with a failed business or company,
</span>
but personal bankruptcies are far more common, and they’re climbing fast. Filings were up almost 12% year-over-year by the end of March, part of a nearly 50% surge over the past three years,
<a data-hs-link-id="0" data-hs-link-id-v2="zBzXE9Tz" style="color:#2563eb" target="_blank">
NPR reports
</a>
.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
But researchers say bankruptcy isn’t the disaster people assume. It stops creditor harassment immediately, and most people’s credit scores recover within a year, often improving from there. “People don’t understand how good of a deal bankruptcy is,” said Samuel Antill, a
<a data-hs-link-id="0" data-hs-link-id-v2="k8Hjcbk1" style="color:#2563eb" target="_blank">
Harvard Business School
</a>
professor.
</p>
<p style="line-height:150%">
</p>
<p style="line-height:150%">
While it’s tempting to assume the rise in bankruptcies is an indicator of the struggling economy, experts say it’s more complicated than that. Filings are still lower than they were before the pandemic, and most people don’t file the moment they hit financial trouble. It usually takes years of struggling badly first.
</p>
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Read the full story →
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<span style="font-family: Tahoma, sans-serif;">
Quick Hits
</span>
</h2>
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<p style="line-height:175%">
<span style="color: #000000;">
<a data-hs-link-id="0" data-hs-link-id-v2="g/8MT5JP" rel="noopener" style="text-decoration:none; font-weight:normal; color:#000000" target="_blank">
→
<span style="text-decoration: underline; color: #0600ff;">
Why Effective Leaders
</span>
Get Branded as Problems
</a>
</span>
</p>
<p style="line-height:175%">
<span style="color: #000000;">
<a data-hs-link-id="0" data-hs-link-id-v2="CrZIsIFE" rel="noopener" style="text-decoration:none; font-weight:normal; color:#000000" target="_blank">
→ Ex-Google Recruiter:
<span style="text-decoration: underline; color: #0600ff;">
Ask This ‘Insightful’ Question
</span>
in an Interview
</a>
</span>
</p>
<p style="line-height:175%">
<span style="color: #000000;">
<a data-hs-link-id="0" data-hs-link-id-v2="TTKib5+A" rel="noopener" style="text-decoration:none; font-weight:normal; color:#000000" target="_blank">
→ Her
<span style="text-decoration: underline; color: #0600ff;">
$4,000-a-Month Side Hustle
</span>
Landed in Home Depot
</a>
</span>
</p>
<p style="line-height:175%">
<span style="color: #000000;">
<a data-hs-link-id="0" data-hs-link-id-v2="/85dcEsF" rel="noopener" style="text-decoration:none; font-weight:normal; color:#000000" target="_blank">
→ 3 Engineer-Approved AI Tools
<span style="text-decoration: underline; color: #0600ff;">
to Master ‘Vibe Coding’
</span>
</a>
</span>
</p>
<p style="line-height:175%">
<span style="color: #000000;">
</span>
</p>
</div>
</div>
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Do This Today ✅
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<strong>
Take a couple hours to strengthen your team's communication.
</strong>
Conduct brief one-on-one listening conversations with each team member. Ask three questions:
</p>
<ul style="line-height:175%">
<li style="line-height: 150%;">
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Where does communication break down most often?
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What information do you usually receive too late?
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What do you wish this team would say more directly?
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Then map the team’s communication flow. What belongs in email? What belongs in chat? What requires a meeting? What needs to be documented? Many teams are exhausted because every message feels equally urgent. Set simple rules.
</p>
<p style="line-height:150%">
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<p style="line-height:150%">
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For example:
</span>
chat is for quick coordination, email is for non-urgent updates, project boards are for task ownership and meetings are for decisions, problem-solving and connection. If you want to take it a step further,
<a data-hs-link-id="0" data-hs-link-id-v2="e175OEeO" rel="noopener" style="color:#2563eb" target="_blank">
here's a 90-day reset to fix team communication issues.
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