June 2025

Goldman Sachs’ famed summer internship program began last week. The 10-week program allows college students to “spend the summer learning from the firm’s leaders, working on the most consequential challenges in finance, and growing as professionals,” according to the company.

But you’ll have an easier time getting accepted into Harvard University than becoming a Goldman Sachs summer intern. While Harvard boasted a low 3.6% acceptance rate for its undergraduate class of 2028, Goldman Sachs had an even lower acceptance rate for its 2025 summer internship: 0.7%.

Related: Goldman Sachs Asks Some Managers to Move From Major Hubs Like New York City to Emerging Regions Like Dallas — Or Quit

Over 360,000 global applicants applied for 2,600 seats in offices around the world, marking “the most competitive intern class” in the bank’s history, the firm noted in a LinkedIn post. Over 500 schools were represented, with more than 85 languages spoken among the accepted batch.

Since David Solomon took over as Goldman Sachs CEO in 2018, the number of applicants for the bank’s coveted summer internship program has grown more than 300%, according to Fox Business. Compared to a year ago, the applicant pool has expanded by 15%.

Goldman isn’t the only bank with a less than 1% acceptance rate for its summer internship. JPMorgan reported receiving 493,000 applications last year for 4,000 seats, marking an acceptance rate of 0.8%.

The interview process for Goldman internships involves two steps: First, a 30-minute video interview with HireVue, and second, a “superday” final round of interviews with two to five interviewers. Engineering candidates additionally have to pass an online skills assessment.

According to Glassdoor, interns were asked questions like “Walk me through your resume,” “Explain banking like you were five,” and “Why Goldman Sachs?”

Related: Goldman Sachs CIO Says Coders Should Take Philosophy Classes — Here’s Why

The application process for Goldman’s intern program begins over a year in advance, in the spring of the previous year. Final round interviews are already underway for candidates for next year’s internship class. Applicants have typically completed their junior year of college by the time the internship starts, making them sophomores at the time they apply.

What’s harder than landing an internship at JPMorgan or Goldman Sachs? Being a NASA astronaut, which only accepted 10 out of 12,000 applicants when it opened up selection in 2020, for an acceptance rate of 0.083%.

Goldman Sachs stock was up over 20% year-to-date.

If you’re still using ChatGPT to write Instagram captions or answer surface-level questions, you’re leaving serious growth on the table.

In this video, you’ll uncover 17 high-leverage AI strategies designed to scale your solo business, increase profitability, and eliminate guesswork.

You’ll discover how to:

• Audit your website and landing pages using Google AI’s Realtime Feedback — like having a 24/7 marketing analyst
• Analyze your last six months of email campaigns to uncover revenue leaks and performance goldmines
• Write higher-converting subject lines, sales pages and ads — based on what’s proven to work
• Reverse-engineer viral competitor content, pricing models and bonus stacks
• Perform deep market research without paying $200 per month for bloated SEO software
• Extract customer pain points from Amazon reviews and turn them into powerful marketing angles
• Automate onboarding, voiceovers and short-form content using tools
• Streamline your business using pre-built GPTs and personalized AI workflows to save hours each week

These are the same tools and tactics I’ve used to dramatically boost conversions, free up time and run a lean, high-impact business.

No tech skills required — just a smarter way to grow. This isn’t about saving time. It’s about gaining leverage. If you’re ready to turn AI into your unfair advantage, this video is your roadmap.

Save it for later — and let’s dive in.

The AI Success Kit is available to download for free, along with a chapter from my new book, The Wolf is at The Door.

Four years ago, I hit a breaking point.

On paper, I had everything — degrees from Harvard and Oxford, a Rhodes Scholarship, bestselling books and stood alongside icons like Oprah and Richard Branson. I had launched global movements and built international organizations. But inside, I was empty.

A traumatic event in 2020 forced me to confront what I’d been ignoring: I was burned out, disillusioned and spiritually disconnected.

I had followed the script for success — achievement, recognition, scale — but it had left me physically depleted and mentally adrift. And while the personal toll was staggering, the professional cost was even greater. I realized something many leaders quietly suspect: You can’t lead well when you’re running on empty.

Related: How to Escape Entrepreneurial Burnout When You Can’t Just Quit

Fulfillment isn’t a luxury — it’s a leadership strategy

Burnout among top leaders is more than a personal problem. A 2024 study found 55% of CEOs reported experiencing a mental health issue in the past year — a 24% increase from the year before.

Leaders who feel unfulfilled make poorer decisions, struggle to build trust and drain culture. But when leaders feel connected to purpose, teams thrive. Engagement and retention go up. So does creativity, clarity and momentum.

Fulfillment fuels everything.

From breakdown to breakthrough

What pulled me out wasn’t another productivity hack — it was a deeper reset. I asked questions I’d been avoiding: Who am I without the work? What truly brings me joy? What do I want this all to mean?

That journey led me through a full personal overhaul — biohacking, longevity medicine and deep self-reflection. But the biggest shift wasn’t physical. It was internal. It was about redefining success — not as output, but as alignment.

Here’s what I now practice — and share with the leaders I mentor.

Reclaim your morning

Instead of starting the day in reaction mode (email, Slack, to-do lists), I protect the first 90 minutes for myself. Meditation, movement, reading — whatever connects me to clarity before the noise begins.

Tip: Ask yourself each morning: What would make today feel meaningful, regardless of outcome? Start there.

Audit your energy, not just your time

Your calendar reveals what you truly value. If most of it drains you, no supplement or sprint will fix it. I started building “fulfillment time” into my schedule — mentoring, hiking, ideating. It made me a better, more present leader.

Try this: Look at last week’s calendar. Highlight everything that lit you up in green. Everything that drained you in red. Then, make one adjustment.

Lead from purpose, not just pressure

Metrics matter. But when pressure is your only motivator, burnout is inevitable. Purpose sustains you.

Create a one-line purpose statement for yourself as a leader. Keep it visible. Let it guide how you show up for your team.

Talk about fulfillment out loud

For years, I kept conversations about meaning and mental health private. Now, I bring them into team check-ins and leadership meetings.

When we normalize these discussions, we build more human, resilient cultures. Try asking your team: What part of your work has felt most meaningful lately?

Related: How to Escape Entrepreneurial Burnout When You Can’t Just Quit

The wake-up call that too many leaders ignore

If you’re succeeding outwardly but feeling lost, it’s not weakness — it’s a signal.

Your burnout isn’t a badge of honor. And your fulfillment isn’t a personal indulgence — it’s a professional responsibility. Because when you’re grounded, whole, and purpose-driven, the ripple effect is powerful: stronger teams, healthier cultures and companies built to last.

You didn’t come this far just to feel numb at the top. Do the work. Define what matters. And lead like it.

Still paying $10/month for Microsoft 365? That’s over $120 a year for Office apps that have hardly changed since their initial release. It’s like subscribing to Netflix to watch your favorite show over and over, when owning the DVD set is far cheaper in the long run. Well, we’re offering you a deal on the DVD set—a Microsoft Office lifetime license.

Normally $229, you can download Microsoft Office for Windows for only $29.97 this week only. When you cancel Microsoft 365 and start using the lifetime version, it pays for itself in only three months. Then, you’ll collect savings in your pocket that add up to hundreds over your lifetime.

What you get in the lifetime license

Microsoft Office 2019 Professional Plus comes with Word, Excel, PowerPoint, Outlook, OneNote, Publisher, and Access, giving you more apps than the newest lifetime license. It’s a one-time download for a single Windows PC, with instant access after purchase and no recurring fees. That means no cloud-based subscription, no billing cycle, and no interruptions.

This version doesn’t include Microsoft’s newer AI integrations, but for business professionals who just want to build spreadsheets, write proposals, and organize email without bloat or distraction, that’s actually a perk. Office 2019 is a stable, tried-and-true toolset that gets the job done without requiring a learning curve or surprise app updates.

If you prefer owning your software outright and cutting subscription clutter from your business expenses, this is your moment. Get the most affordable version of Microsoft Office you’ll find, and make that monthly $10 work harder somewhere else.

Download Microsoft Office for Windows while it’s just $29.97 this week (reg. $229). No coupon is needed to get this price.

Microsoft Office Professional Plus 2019 for Windows

See Deal

StackSocial prices subject to change.

Salesforce CEO Marc Benioff said AI is handling a lot of work at his company previously done by humans — up to half of all work.

In an interview on Bloomberg’s The Circuit with Emily Chang on Thursday, Benioff said that AI is doing “30% to 50% of the work at Salesforce now.”

Related: AI Is Going to ‘Replace Everybody’ in Several Fields, According to the ‘Godfather of AI.’ Here’s Who He Says Should Be ‘Terrified.’

Salesforce sells AI products that tout the ability to handle tasks without human supervision, which Benioff told Bloomberg has about 93% accuracy. Customers include entertainment behemoth Walt Disney Co., among others.

“All of us have to get our head around this idea that AI can do things that before we were doing,” Benioff added. “We can move on to do higher-value work.”

Tech companies are incorporating AI into daily tasks across Silicon Valley. At Microsoft, engineers are using AI to write 20% to 30% of the code for company projects, CEO Satya Nadella said at Meta’s LlamaCon conference in April.

Related: Google CEO Sundar Pichai Says AI Will Advance Humanity in These 4 Key Ways

Meta CEO Mark Zuckerberg indicated at the same conference that AI will take over half of the company’s software development within the next year.

Meanwhile, CEO Sundar Pichai said on an earnings call in April that the company was using AI to write “well over 30%” of new code, up from 25% in October. Google employees are increasingly accepting AI-suggested code, he said.

Bill Winters, the CEO of 160-year-old bank Standard Chartered, says that the MBA he earned from the University of Pennsylvania Wharton School of Business was a “waste of time” — but the humanities undergraduate degree he received from Colgate University was more worth it.

In an interview that aired earlier this week, Bloomberg’s Francine Lacqua asked Winters, 63, what he would recommend for young people to study. Winters responded by saying that he studied international relations and history as an undergraduate, graduating in 1983. He recommended those fields, stating that majoring in those areas taught him “how to think.”

But his MBA from Wharton in 1988 was unnecessary, he said.

“I got an MBA later, but that was a waste of time,” Winters told Bloomberg. “I learned how to think at university. For the 40 years since I left university, those skills have been degraded, degraded, degraded.”

Related: Goldman Sachs CIO Says Coders Should Take Philosophy Classes — Here’s Why

Winters explained that critical thinking skills are “coming back” and becoming more important in the workforce now because AI is taking over tasks on the technical side.

“I really think in the age of AI that it’s critical that you know how to think and communicate,” Winters said.

He clarified that communication doesn’t mean to act like ChatGPT and churn out answers, but to know an audience and anticipate their needs with curiosity and empathy. Technical skills are being needed “less and less,” Winters said.

^{Bill Winters. Photographer: Jason Alden/Bloomberg via Getty Images}

Winters started his career at JPMorgan in 1983, rising over nearly three decades to become the co-CEO of JPMorgan’s investment bank. He was considered a potential successor to JPMorgan CEO Jamie Dimon, but was ousted by Dimon in October 2009. He started his own fund management business, Renshaw Bay, in 2011 and joined Standard Chartered as CEO in 2015.

Related: Using ChatGPT? AI Could Damage Your Critical Thinking Skills, According to a Microsoft Study

Winters isn’t the only executive encouraging the study of the humanities. Goldman Sachs’ Chief Information Officer, Marco Argenti, wrote in a post in the Harvard Business Review last year that engineers should take philosophy classes in addition to standard engineering courses. That’s the advice he gave his college-age daughter who was thinking about what to study.

Meanwhile, big tech companies are rapidly adopting AI in their operations as the technology sweeps over technical skills. AI generates about 30% of new code at Google and Microsoft, and up to half of software development within the next year at Meta.

“Vibe coding,” or having AI code entire apps and projects based on prompts, is also on the rise. Even Google CEO Sundar Pichai stated earlier this month that he had used AI coding assistants to “vibe code” a webpage in his spare time.

Busy Philipps wasn’t trying to disrupt the celebrity marketing model when she first cried on Instagram stories. She wasn’t pitching brand deals or testing a strategy. She was just being real. But it turns out that unfiltered vulnerability — streamed to millions — wasn’t just cathartic. It was transformative.

Long before “authentic marketing” became a buzzword, Philipps was living it. And in doing so, the Freaks and Geeks and Dawson’s Creek actress discovered something Hollywood had long taught her to avoid: Being yourself online can actually be a superpower.

“Since I was a teenager, how I was portrayed in the media was always just very dependent on a reporter and the space they had allotted for a profile of a young actress like myself,” Philipps says. “I loved being able to have a direct line to people… being able to put [myself] directly out to the fans.”

Philipps’ Instagram stories marked a turning point in how she connected with the public. Rather than polished outcomes, she shared messy, behind-the-scenes moments to build deeper connections. And after years of curated press coverage and red carpet appearances, social media gave her the chance to control her own narrative and pursue opportunities she was passionate about.

Related: From Pennies to Millions: What It Felt Like to Make Money for the First Time

Her breakthrough moment came after her first late-night show, Busy Tonight, was canceled. In the old celebrity playbook, that kind of public career pivot would’ve been tightly managed. Philipps took another route — she processed her disappointment openly. “Oh, honey, I dwell,” she says. “I was just deeply feeling the injustice of the thing…but the more meetings we took, the more I thought, Why do these people get to determine what success looks like for me?“

Instead of jumping on the next available offer, Philipps paused and listened to her instincts. She passed on a major deal, ultimately paving the way for her QVC series, Busy This Week. “I called [executive producer Caissie St. Onge] and said, ‘Just hear me out. I feel like we can go directly to advertisers and get them to fund our talk show.'”

That gut-driven decision led Philipps to a larger realization: Creators could bypass traditional gatekeepers and build something of their own. For entrepreneurs, the takeaway is equally powerful: Don’t just chase the next opportunity. Wait for the one that aligns with your values.

Related: 5 Secrets to Success From a Sustainable Business That’s Grown 95% in 3 Years

Today, Philipps is much more than an actress — she’s a producer, podcast host, QVC personality and investor in mission-driven brands. What sets her apart isn’t just the breadth of her work, but the intentional way she uses her influence. On her QVC series, every product is selected with purpose, and many sell out quickly.

“There was a dress that Caissie wore that sold out immediately,” Philipps shares. “And when Tina Fey was on the show, there was this slightly terrifying Christmas squirrel that she had a lot to say about — but that squirrel sold out less than a week later.”

As a late-night host, Philipps’ approach is collaborative, honest and driven by care — a strategy that any entrepreneur can learn from. “I might be a f****** visionary, but I didn’t go to business school, and I don’t know how to code,” she says. “You’re only as good as the people you’re working with. QVC has been an incredible partner because they’re open to all the ideas.”

Related: Want to Work With Influencers? Here’s What Small Business Owners Need to Know.

Philipps brings that same mindset to investing. She doesn’t partner with a brand unless she believes in it. “With [BEHAVE Candy], I literally was just buying it,” she says. “Then my agent brought it to me, and I was like. ‘Familiar with the brand? I literally have it in my pantry.'”

What matters most to Philipps is the “why” behind a business. The brands she supports, including BEHAVE and Period., share a common purpose. They’re built by founders who care about making a positive impact, not just turning a profit.

“We have a surplus of s*** in the world, so…why? Why do we want it? Why do we need it? What good is it to the world? And what good are you gonna be to the world?”

By leading with her values, Philipps has built a following that trusts her deeply, supporting the products and platforms she stands behind. That connection is the foundation of long-term influence. Whether you’re an actress or a small business owner, people are attracted to authenticity with a purpose.

As Philipps puts it: “Is it doing something good in the world? That’s what matters to me.”

These are some of the principles that Philipps followed to get to where she is today:

• Own your voice. Don’t wait for permission to share your story. People connect with truth more than polish.
• Take your time. It’s okay to dwell after a setback. Wait for what feels right.
• Surround yourself with great people. Your team matters. Find people who fill in the gaps and support your vision.
• Invest in alignment. Don’t chase influence—cultivate values-based partnerships.
• Turn missteps into momentum. Even a public failure can become a launching pad if handled with transparency and care.

Related: This Local Bakery Has Lines Out the Door. Here Are the Secrets to Its Success.

Whether you’re starting a new phase in your professional journey or reflecting on decades of experiences, mentorship is critical to thriving in your career. Mentors inspire new talent to hone their unique skill set and capitalize on opportunity. As a professional grows, the former mentee becomes a mentor themselves, shaped by the guides who first led the way. Here are four reasons why mentorship can provide holistic rewards for you, your teams and work.

Developing skills

As experts across a variety of vocations, mentors bring a plethora of experiences to junior colleagues and their organizations. Mentor value is truly far-reaching. According to a CNBC/SurveyMonkey Workplace Happiness Survey, 91% of people with mentors are satisfied with their jobs, and 71% of employees with a mentor say their company provides them with quality opportunities to advance their careers, compared to 47% of those without a mentor.

One of the many benefits of mentorship is tailored skill-building. Through their extensive industry knowledge, leaders can:

• Counsel improvement areas by sharing specialized knowledge and best practices specific to the needs of their mentee.
• Offer relationship-building advice and strategies.
• Instill a continuous learning mindset for career-long growth.
• Model soft skills such as leadership behaviors and successful verbal and written communication tactics.
• Share real-world examples to help their colleague navigate current situations with context.

Mentorship presents a mutually beneficial relationship for the mentor as well, allowing them to engage and understand emerging technologies, generational differences and unique perspectives.

Related: I Mentor First-Time Entrepreneurs — These Are the 4 Unseen Benefits I Gained By Giving Back

Navigating challenges

Challenges are inevitable, and how leaders rise to help their teams meet them can mean the difference between near-sure success or inevitable disaster. For leaders who have “been around the block” and seen the rise and fall of their industry, drawing on those experiences can prove instrumental in these situations. In other instances, engaging a novel approach and “unsticking” from past ways of thinking may be what your team needs.

In my own work, an unexpected situation once required me to think outside existing protocols as a mentor. I was tasked with leading a new group, but found that past ways of thinking and programs were actually preventing us from moving forward. I also learned that each member of my team had their own barriers that prevented them from achieving success. Rather than sticking to the original plan, I realized we needed to free ourselves and try new guidelines that addressed each person’s skills as well as their misfires. Being there as a mentor and working through individual needs helped the group redefine the structure we needed. This decision grounded all of us in a key learning that can apply beyond the workplace: Move beyond to find what prevails.

Networking

Much like skills, industry connections from a mentorship relationship take a mentee’s potential one step further. Speeches from high school valedictorians, celebrities, Nobel laureates, award winners, athletes, C-suite leaders and the like often acknowledge how mentorship opened life-altering doors. And for mentees of backgrounds and experience levels different from the predominant ones of their industry, networking can be especially significant.

In the small business landscape, mentorship can offer profitable pathways to new suppliers, client referrals and cross-industry partners. More broadly, new connections help businesses become better ingrained in their local communities and the causes their customers care about. Mentorship also reminds the mentee that their entrepreneurial journey is a networking haven of resources, connections and opportunities rather than a “go it alone” venture. Networking is a sounding board and support system of mentorship.

Related: Everyone Needs a Mentor — But Being a Mentor Is Just as Important. Here’s Why.

Passing it on

One of the great things when it comes to organized mentorship programs is the far-reaching joy across generations of mentor and mentee. An example that comes to mind is our annual The UPS Store Small Biz Challenge, a multistage competition that offers a chance for small business owners to compete for a share of the $35,000 prize pool, an editorial feature and one-on-one mentoring with a small business expert. Being a small business owner or entrepreneur amid an evolving landscape can feel intimidating by nature, which is why The UPS Store supports small business owners by providing resources to help them grow, thrive and reach their entrepreneurial dreams.

This year’s Small Biz Challenge winners, Sydney Attis and Mikayla Garcia, owners of Just Call Me Shirley, epitomize the spirit we see in all our applicants. Emerging from their victory, their mentorship lessons and challenges overcome have shaped new opportunities for them to help fellow entrepreneurs and business owners be unstoppable.

Regardless of the career stage or industry, mentorship has a role in all of them. It brings people together and boosts business development on the micro level. Simple setups, such as biweekly meetings, coffee chats or even happy hours, provide a space for these conversations. This time can become a natural part of your and your team’s work culture. With its many upstream and downstream benefits, consider incorporating mentorship when growing your business.

In order to make things faster and easier for baristas and potentially cheaper for customers, Starbucks is switching to a flat-fee system for syrups.

Beginning Tuesday, in stores in the U.S. and Canada, any combination of sauces and syrups will be a flat fee of 80 cents, whether you ask for one pump or four. Adding syrups to already pre-flavored beverages is free, per Bloomberg. Before the new changes, prices varied depending on flavor, number of pumps, and drinks being purchased.

Related: Starbucks Is Hiring In-Store Human Workers After Replacing People With Machines — and Finding It Didn’t Work

Matcha powder add-ons will now cost $1 per scoop, chai concentrate is now set at 80 cents per serving, and dried fruit is now 50 cents each.

Starbucks has been making a slew of changes since Brian Niccol joined as CEO last fall, promising to turn around the company’s lagging sales.

“We’re getting back to Starbucks. We’re refocusing on what has always set Starbucks apart — a welcoming coffeehouse where people gather, and where we serve the finest coffee, handcrafted by our skilled baristas,” he wrote at the time. “This is our enduring identity. We will innovate from here.”

The company has since cut items from the menu, implemented a new dress code for baristas, and closed its former “open door” policy.

Related: Starbucks Is Hiring a ‘Global Content Creator’ to Travel, Drink Coffee, and Get Paid Six Figures

An Amazon grocery executive says the company’s internal bureaucracy is “ridiculous” and that the retail giant is working to reduce it.

At an internal meeting last week for Amazon’s grocery team, an employee asked how the company planned to speed up decision-making due to the “multiple levels” needed for approval. The meeting leaked on Wednesday when Business Insider obtained a recording of it.

Amazon’s Vice President of Worldwide Grocery and Whole Foods CEO, Jason Buechel, responded to the employee’s concern by characterizing internal bureaucracy as “ridiculous” and saying that Amazon is trying to speed up processes in several areas, like spending approvals. According to Buechel, bureaucracy slows down Amazon’s grocery business and holds the company back.

Related: Amazon Tells Thousands of Employees to Relocate or Resign

“The feedback I’ve gotten from team members and employees is that ultimately, we’re wasting time,” Buechel said at the meeting. “It’s taking too long for decisions and approvals to take place, and it’s actually holding back some of our initiatives.”

^{Jason Buechel. Photo by Leigh Vogel/Getty Images for Concordia Summit}

Amazon’s emphasis on reducing bureaucracy extends up to CEO Andy Jassy. In September, alongside a return-to-office mandate, Jassy introduced a “bureaucracy mailbox” for employees to submit examples of where they saw unnecessary processes or rules at the company. By November, that inbox had received more than 500 emails and Amazon had acted on more than 150 suggestions.

Jassy also announced in September that the company would eliminate excess layers of middle management by the end of March. Amazon achieved this goal by pausing the hiring of new managers, demoting some managers, and requiring existing managers to increase their number of direct reports.

At a leaked all-hands meeting in November, Jassy said that “one of the reasons” he was still at Amazon was “because it’s not a political or bureaucratic place.”

“The reality is that the [senior leadership team] and I hate bureaucracy,” Jassy said at the meeting.

Related: ‘I Hate Bureaucracy’: Leaked Internal Amazon Document Reveals How the Tech Giant Is Cutting Down on Middle Management

Amazon has laid off more than 27,000 employees since 2022 to cut costs, and recently conducted layoffs in various departments. The retail giant cut dozens of jobs in its Goodreads site and Kindle division earlier this month.

Amazon’s grocery business faced layoffs earlier this week when the company laid off at least 125 employees who worked in a Fresh grocery store in Federal Way, Washington. An Amazon spokesperson told The Seattle Times that the employees had the option to transfer to similar roles at nearby sites.

Amazon employs 1.56 million full-time and part-time employees.