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Hi! I am Levi Borba, writer, entrepreneur, amateur snowboarder, and a former resident of Chile, Middle East, and Brazil. I am currently based in Poland working on my companies and writing about business and economics.
After graduating in Business Administration at the University of Sao Paulo (USP), I worked for the financial solutions department of a global energy trader. One year later I had an offer…
During university, one of my classmates was the son of a fertilizer industry billionaire. Once we were in a marketing case class, analyzing the case of a certain jeans brand whose trousers cost more than $300.
This wealthy friend told me:
Whoever buys jeans for 300 dollars has a serious need for something else, not only for jeans. I would never pay so much for a pair of trousers.
It amused me that this phrase came from the mouth of a billionaire. But the point was right. Nobody who buys a pair of jeans with a price tag 900% higher…
Since March 2020, the main US stock indexes are on a rising trend. In this period, the S&P 500 and the Dow Jones IA soared, respectively, 76% and 83%.
One could say that this is a mere correction from the enormous pandemic drop in the Q1 of 2020. But how so? The indexes already recovered and are far above the pre-COVID levels — by August 2020, the effects of the pandemic were gone. Most negotiated shares are at prices at least 30% higher than before the pandemic starts.
Revolut is a six-year-old British financial & technology (Fintech) startup. Six years is a remarkably short time span when you consider other financial companies. The Charles Schwab Corporation, on its sixth anniversary, was a small brokerage house with a single branch — nothing compared to the almost 400 offices it has today.
In six years, however, Revolut dazzled the whole world with its rapid expansion pace. Founded in 2015, in 2020 the company had a market value of $5.5 billion. In July of 2021, following a funding round led by Tiger Global and SoftBank, its valuation reached $33 billion.
It is normal to think twice before spending every single penny when we are starting a new business or venturing into a creative journey.
This is good. Keep thinking twice before spending, as long as you have in mind the ROI (Return of Investment). Because expenses that have a positive ROI are not costs but investments.
When you find something with elevated ROI, the return is so quick that it even looks like cheating.
During the last 3 years, I started 3 different businesses. …
I left my fatherland almost a decade ago. During this time, I saw many fellow expatriates facing a dilemma in their new countries. A dilemma that I also encountered myself.
When you wait for your work permit or for some professional opportunity, how to pay your bills if you still cannot work? And what about students that often do not have access to the labor market?
In an era where remote work popularity is skyrocketing due to its cost-savvy nature and faster internet connections, this problem became easier to solve.
You don’t need to be a skilled Python programmer or…
On April 6, 1967, Douglas Brent Hegdahl III was assigned to the 0400 watch shift at the USS Canberra, sailing down the coast of North Vietnam. At about 03:30, he left his bunk bed, and as a prudent boy from South Dakota, he safeguarded all his valuables in his locker. After, he went out to the deck to have a breath of sea breeze before starting his job.
A common drill at navy training is to check if the big guns of a warship are firing before you go up on the deck. If they are, you stay inside. …
Do you live in a large city and always wondered how stressful is your life compared to residents of other metropolises?
Back in 2011, while stuck in a traffic bottleneck in São Paulo, Brazil, I wondered if residents of other mega-cities had similar problems. Because life in São Paulo was stressful: noise, pollution, traffic, floods, pickpocketers, and the awful smell in certain places. All these little things contribute to a sense that this is not the life you should be living.
In the end, this added to my decision of moving out from São Paulo (and Brazil). Later in my…
For the third month in a row, Medium distributed a $500 bonus among its top 1000 contributors. Writers between 1001 and 1500 and 1501 and 2000 positions also had bonuses of, respectively, $100 and $50.
The rank is based on the monthly earnings from the MPP (Medium Partner Program). Therefore, the 1000 writers that made more money on Medium in June are also the ones that got the $500 extra.
In this article, I will not analyze the earnings of each writer, because that would only be possible by asking them — and maybe they think I am a disguised…
In numerous countries, 2021 will be a year of exceptional economic growth. Not a surprise — it partially offsets the tragic numbers of 2020. Some nations, like Sweden or the United Kingdom, returned to the Pre-Covid levels already in the first semester.
The recovery creates unusual situations. For example, places like the U.S. state of Minnesota are experiencing a labor shortage that led authorities and employers to declare they are in dire need of workers.