A North Carolina community college is closing its buildings and making staff work from home one day a week amid soaring gas prices

microsoft, a north carolina community college is closing its buildings and making staff work from home one day a week amid soaring gas prices
© Provided by Business Insider Average US gas prices were $4.94 a gallon on Thursday, dropping to $4.58 in North Carolina, according to AAA. Kena Betancur/VIEWpress/Getty Images

  • A community college in North Carolina is going remote one day a week because of soaring gas prices.
  • Staff will work from home and buildings will be shut on Fridays until mid-August, it said.
  • Average gas prices have sunk below $5 a gallon, but that’s still an increase of nearly $2 in a year.

A community college in Sylva, North Carolina is going remote one day a week because of the soaring gas prices its staff are facing.

“Due to the ever-rising costs of gasoline, Southwestern Community College’s administration has decided to move to virtual operations every Friday starting on June 10 at all SCC campuses and locations,” the college said in a statement.

It said that staff members would work virtually on Fridays and that all college buildings except its Public Safety Training Center would be closed on Fridays through “at least” August 5.

The college said that it “will remain open and fully operational” and that its one on-campus class on Fridays would continue as scheduled.

Southwest Tennessee Community College in Memphis has also shifted to online-only on Fridays, with its president attributing this to “historic inflation numbers and increasing gas prices.” The college is closing its buildings, shifting classes online, and making employees work remotely on Fridays through August 12.

A North Carolina community college is closing its buildings and making staff work from home one day a week amid soaring gas prices
1/4 SLIDES © Getty Images

Advice for 2022 grads from the entrepreneurs who build multibillion dollar brands like LinkedIn, Chobani, and Kind Snacks

College and university graduation ceremonies took place across the United States this spring. Prominent leaders, including entrepreneurs, were invited to give commencement speeches to graduates. Three business owners shared their advice for recent graduates.

As millions of college students graduate this month, many are considering starting businesses instead of entering the workforce.

After all, there’s been a record number of new businesses—about 9.8 million—started in the last two years, according to US Census Data. Additionally, entrepreneurship experts say the Class of 2022 is graduating at one of the best times to start a business.

“Just as you are entering the world, our world is reentering history,” said Daniel Lubetzky, the founder of Kind Snacks, who gave the commencement address at High Point University in North Carolina on May 7. “And you can help write its most epic chapter.”

Lubetzky was among the leading entrepreneurs who gave commencement speeches this graduation season. Here’s their advice for young business owners entering a new phase of their lives.

Read the original article on Business Insider

A North Carolina community college is closing its buildings and making staff work from home one day a week amid soaring gas prices
2/4 SLIDES © JIM YOUNG/AFP via Getty Images

Hamdi Ulukaya, founder of Chobani

Ulukaya, who created the yogurt company Chobani in 2007, told the students of Northeastern University in Massachusetts on May 13 that entrepreneurial hopefuls should keep one thing in mind when starting businesses: How can they benefit both the community and the employees?

Ulukaya said that as he built Chobani, he learned about a group of refugees nearby who had a hard time finding jobs. When he considered hiring them, he was advised against it — some people suggested customers would boycott Chobani because of his decision, he said. But as an immigrant from Turkey, he knew how hard it can be to emigrate and leave everything behind.

Ulukaya said that today Chobani employs hundreds of immigrants and refugees in its facilities in Idaho and New York. He said that this inclusion of refugees had a huge impact on him and that he began to think about what more he could do to help refugees in the country.

In 2016 he founded the nonprofit organization Tent Partnership for Refugees, which aims to mobilize the global business community to include refugees. It says more than 220 companies have committed to training and hiring refugees.

He told the Northeastern graduates that they should think about how they can give back when they start businesses because of the fulfillment it will bring.

“I promise you that there is nothing more rewarding than showing up in the world for other people, no matter how hard it may be,” he said.

Chobani last year filed confidential paperwork for a stock-market listing that could value the company at more than $10 billion, though its IPO plans are currently paused.

A North Carolina community college is closing its buildings and making staff work from home one day a week amid soaring gas prices
3/4 SLIDES © Greylock

Reid Hoffman, cofounder of LinkedIn

In his speech to graduates of Vanderbilt University in Tennessee on May 12, Hoffman, a founder of the networking behemoth LinkedIn, stressed the importance of personal connections in the professional world. He said friends will not only enrich your life but be truthful allies as you build your business.

“Making, cultivating, and keeping close friends may be your life’s most important work,” he said. “Friends will be absolutely central to your sense of happiness, connection, and meaning.”

Hoffman credits a close friend with encouraging him to start LinkedIn. In 2002, Hoffman wanted to take a year off from work, but a friend suggested he cut the vacation short and focus on his startup idea. The following year he launched LinkedIn, which Microsoft bought for $26.2 billion in 2016.

“Friends will tell you not what you want to hear, but what you need to hear,” he said.

A North Carolina community college is closing its buildings and making staff work from home one day a week amid soaring gas prices
4/4 SLIDES © Kind

Daniel Lubetzky, the founder of Kind Snacks

Lubetzky, who created the snack company Kind in 2004, encouraged graduates to find a cause that drives their entrepreneurial spirit.

“You will achieve far more success, including financial success, if you find purpose in whatever you choose to do,” said Lubetzky, who has also appeared on “Shark Tank” as a guest judge. “I am not talking about the what but about the how.”

Lubetzky also spoke about the importance of daily habits for professional success and personal growth.

“It may seem simple, but it is seriously hard work,” he said. “While your individual actions may feel small, all of us practicing good habits can cause a massive ripple effect of positive transformation.”

Lubetzky said that at Kind, he and his team value hearty debates, a sense of humor, and treating everyone with dignity, adding that those elements contributed to the company’s accomplishments. In 2020, Mars acquired Kind; while the terms were not made public, people with knowledge of the deal told The New York Times it valued Lubetzky’s business at $5 billion.

Average US gas prices were $4.94 a gallon on Thursday, dropping to $4.58 in North Carolina, according to AAA. Though prices have fallen slightly in recent days, they’re still well above pre-pandemic levels and around $2 more per gallon than this time last year, sparking a wave of fuel thefts.

President Joe Biden has said he’s considering measures like pausing federal gas-tax, which is 18.4 cents a gallon, though the CEO of Target has said that this would simply “fuel the demand” at the pump without fixing any of the supply problems.

Read the original article on Business Insider

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