Four Career Tips From Billionaires Who Never Graduated College

by Steven Bertoni via Forbes

A college diploma is not a prerequisite for obtaining an absurd amount of wealth. Out of the 400 richest people in the U.S., 63 entrepreneurs don’t have one–more than 15% of the list. With total U.S. student debt surpassing $1 trillion and unemployment pushing above 10% a budding entrepreneur might be tempted to skip university and instead enroll in the school of hard knocks. Author Michael Ellsberg spent two years interviewing business titans who did just that for his book The Education of Millionaires (Penguin Group, 2011). Here are a few lessons gleaned from four billionaires who learned from life experience, not lecture halls. Inspired? Great. If not, you can always plop down six figures and head to campus.

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Amab Sen: The Real and Virtual Worlds Are Melting Together

via Mashable

Amab Sen is head of strategic planning at MRM, a global, top-five digital and direct agency in India. As a trained anthropologist, Arnab applies social science to develop working models that help decode and interpret cultures of consumption, categories and brands.

Social science studies increasingly suggest that the divide between the virtual and real worlds is narrowing. Our experiences of reality may no longer constitute a duality. Nathan Jurgenson of Society Pages, a multi-blog social science forum hosted by the University of Minnesota, rejects the idea of dualism. “No longer can we think of a ‘real’ world opposed to being ‘online,’” he says.

Be that as it may, a life that crosses virtual and the physical boundaries raises new issues, and requires fresh approaches to understanding technology and culture. Recent debates about the ownership of virtual air, for example, demand new perspectives and resolutions.

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How People Watch TV Online And Off

by Erick Schonfeld via TechCrunch

At this point, video is just a regular part of the web. But how is it gaining on regular TV watching. Just in terms of audience reach, Nielsen estimates that almost 145 million people watch video online in the U.S., compared to about 290 million who watch traditional TV. So the penetration of online video is already about half of the overall TV-watching population.

Yet for all the video people watch on the web, it is still a tiny fraction of how much they watch on TV in terms of time spent. In a report put out yesterday on the State of the Media summarizing 2011 data, Nielsen estimates Americans spend an average of 32 hours and 47 minutes a week watching traditional TV. They only spend an average of 3 hours and 58 minutes a week on the Internet, and only 27 minutes a week watching video online. All those billions of videos watched online still only represent 1.4 percent of the time spent watching traditional TV.

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