Mon. Jan 20th, 2020

Perfecting the Poshmark 6-figure side hustle, Wall Street’s most accurate analysts make predictions, and the biggest VCs in cannabis place bets

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Perfecting the Poshmark 6-figure side hustle, Wall Street’s most accurate analysts make predictions, and the biggest VCs in cannabis place bets

Is it too late to say “new year, new you”?

We are, after all, in a new year. A new decade even, as you might’ve heard.

This is Drake Baer, writing in lieu of executive editor Matt Turner, who’s on parental leave. I run the strategy desk at Business Insider, where we cover how the professional world is shifting and how to navigate it. We have a vested interest in reinvention, one that you can follow through our weekly newsletter, Success Insider. And if you’re interested in renewables, check out Power Line — our just-launched newsletter covering clean energy.

Over the past week, the Business Insider newsroom has had a variety of pieces that will help you plan out the year, and maybe the decade. Perhaps you want to finally get going in real estate, or you’re curious about cannabis, or you keep hearing about the social reselling platforms where the kids are getting all their fashion. Or maybe, simply, you want to get stock picks from the highest-performing analysts around. We got you.

You want to get ahead. We’ll show you how.

Finance and investing

Here’s a look at how SoftBank’s dot-com-era investments played out — half of these 14 startups it bet on collapsed

The Japanese conglomerate SoftBank quickly went from being lauded to scrutinized with the fallout of WeWork. But as our reporters uncovered, the house that Masayoshi Son built (like many investors) has a history of calamity. The first megafund, SoftBank Capital Partners, surfed on the dot-com boom at the turn of the last century — and a frankly shocking number of those would-be world-beaters went belly up.

A Silicon Valley tech leader left behind a lucrative career to pursue real-estate investing. Here’s the dealmaking strategy that’s netted him 3,500 units to date.

Having burned out on the startup grind, Spencer Hilligoss wanted to find a way to financial independence that would be predictable and lucrative. He learned that “syndication” was the best strategy for making smart investments in real estate — with a healthy dose of scale.

‘This is a really huge buy signal’: Billionaire bond King Jeffrey Gundlach lays out a juicy investment setup worth seizing, one that’s happened only a handful of times in the past century

Gundlach is a superstar among finance types, known for his bold calls. And he has two interrelated messages: The US dollar is about to get way weaker and commodities are apt to swell in turn.

Wall Street’s 5 most accurate analysts reveal the stocks you should buy now for explosive returns in 2020

The fintech firm TipRanks measure how well sell-side analysts perform, and they gave us the top experts of past year with one stock each analyst rates as a buy. Why not learn from the best?

The top 14 VC firms making deals in the cannabis industry, and where they’re looking to place their next bets

The cannabis-investment space continues to mature, and our reporters Yeji Jesse Lee and Jeremy Berke caught up with some of the leading VCs, as measured by deal count, for their 2020 predictions.

WeWork convinced a skeptical SEC to let it use a wonky metric that tested accounting rules. Here are 58 pages of letters showing how the coworking company changed the agency’s mind.

Dakin Campbell published 58 pages of letters between WeWork and the top U.S. securities regulator that have never been seen by the public. The back-and-forth shows how the company convinced the SEC to let it use a wonky metric that painted its financials in a rosy light when pitching its doomed IPO.

Tech, media, and telecoms

Internal Tesla marketing document reveals how the company tried to position itself as a lifestyle brand that makes the world’s best cars

At Business Insider we pride ourselves in living up to our name — that is, bringing you inside the world’s most influential companies. Reporter Patrick Coffee did just that on Wednesday with an article extrapolating from an internal document at Tesla that outlines the company’s marketing strategy.

How much YouTube pays influencers for 100,000, 1 million, and 150 million views, according to top creators

YouTube has a partner program through which influencers can make money off placing ads in their videos. We spoke with a variety of influencers about how much they earn with each video — the pay (and the ads themselves) depend on their length, the demographic, and how long people are watching them.

Walmart wants to build an ad business that rivals Amazon. Here are the 11 execs leading the charge.

Amazon makes upward of $17 billion on advertising a year. Walmart is attempting to match that success, with a phalanx of executives with tenures at Frito-Lay, Facebook, and of course Amazon Advertising. Intriguingly, there are quite a few CBS veterans in the mix.

How Deloitte is spending $2 billion to train 4,000 workers on the hottest tech jobs of 2020

The reality of digital transformation mandates that large companies need to “upskill” their workforce — that is, provide their talent training that makes them freshly relevant as new skills become in demand. The professional services giant Deloitte founded its Cloud Institute last year, providing employees the chance to pursue technical roles in-house. A thousand people went through it last year, with quadruple the cohort in 2020.

Healthcare, retail, and transportation

Verily just presented for the first time at JPMorgan’s big health conference. Here’s how the CEO of Alphabet’s life sciences firm laid out the unusual business to top investors.

Verily is one of the most intriguing names in health. Owned by Google parent Alphabet, the firm has taken on $1.8 billion in investments, and it’s involved in projects ranging from addiction treatment to robotics. And in a presentation, CEO Andy Conrad unpacked how the firm isn’t just working on a bunch of disparate initiatives, but a coherent strategy.

The argument over whether America is facing a ‘truck-driver shortage’ has embroiled the trucking industry for years. We asked 3 CEOs and 2 economists to settle the debate.

While trucking is a $800 billion industry, it’s facing a labor problem. Trucking companies are seeing staggering rates of turnover — by one estimate, 97%! We spoke with trucking executives and economist about how they’d diagnose trucking’s worker challenges, plus how to address it.

The ultimate guide to opening a Pure Barre franchise and becoming wildly successful, according to 2 multiple-franchise owners

Ballet, but make it boutique fitness. Pure Barre has over 500 studios across North America, serving more than half a million clients. The owners we spoke with detailed the challenges of starting up and dispensed sage advice on metrics and marketing.

McDonald’s franchisees in leaked email call for the fast-food giant to ‘stay focused’ on creating a chicken sandwich that customers crave as the chain battles Popeyes and Chick-fil-A

Chicken’s hot. Popeyes and Chick-fil-A have become pop-culture presences unto their own. And the golden arches want in on it, testing new sandwiches in Houston and Knoxville. “We need to stay focused on coming up with a chicken sandwich our customers are going to crave,” so reads an internal email.

How entrepreneurs use apps like Poshmark to turn side hustles selling clothes into full-time gigs earning 6 figures or more

Online resale is also hot, especially with millennials and Gen Z. Poshmark is a social reseller with an emphasis on fashion, and our reporter Jennifer Ortakales spoke with a pair of “poshers” about how they grew their platforms from side hustles into full-time businesses. One key strategy: The social nature of Poshmark creates a built-in marketing mechanism. A quarter-million followers goes a long way.

SEE ALSO: Portugal is the best country in the world for American expats to retire in. A Utah couple who moved there in 2012 gave us a breakdown of how they live on a $2,330 monthly budget.

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NOW WATCH: WeWork went from a $47 billion valuation to a failed IPO. Here’s how the company makes money.

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