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Born Poor, Drop Out and Got Rich – The Billionaires Story, Part 2

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Following a great success in my first article of The Billionaire Story, I feel motivated in writing a sequel. In this part two series of the billionaire story, I would like to share with you three most outstanding people that have shaped the business world.

The Apple Story

Steven Paul (Steve) Jobs was responsible for building Apple Computer twice, as well as for rescuing Pixar Animation Studios and turning it into one of the world’s most successful motion picture studios. He was a hands-on manager, who studied even the minutest details of his products, with the heart and eye of an artist. His insistence on high-quality, good-looking products struck a chord with many people who appreciated the beauty of Apple products, resulting in such fabulous successes as the Macintosh computer and the iPod portable music system. These successes often reshaped how consumers viewed technology and also reshaped the technology itself.

Jobs was adopted in February 1955 by Paul and Clara Jobs, who were indulgent parents. They were so focused on their son’s needs that they even moved from Mountain View, California, to Los Altos, California, in 1968, to put Jobs in a new school because he said that he could not get along with the children in his old school. He was an odd student, out of step with both classmates and teachers, with a mind that looked at science from unusual angles. He preferred to spend his time with older students rather than ones his own age, including Stephen Wozniak, an electronics genius four years older than Jobs.

In 1972 Jobs attended Reed College, in Portland, Oregon, dropping out after one semester. He hung around the school for about a year longer, before submitting a résumé that greatly inflated his electronics experience to Atari, a pioneer in video gaming. After saving up enough money to pay his way, he left Atari and journeyed with friends to India to search for enlightenment. He shaved his head and walked through what he saw to be appalling poverty. He soon left India believing that Thomas Edison had done more for the betterment of humanity than all the gurus in the world. In 1975 he joined the Homebrew computer club, which included Wozniak among its members. Wozniak had discovered that a toy in Cap’n Crunch cereal boxes made the same tones that telephone companies used for long-distance switching. Soon, with Jobs’s help, he was making small blue boxes that could be used with telephones to circumvent the safeguards of telephone companies and make free long-distance calls. It was Jobs who turned this into a business venture by selling the boxes to college students.

Wozniak was an electronics enthusiast. He enjoyed making gadgets and then sharing his inventions with anyone who was interested, without concern for patents or profit. It was Jobs who soon saw the potential marketability of Wozniak’s circuit board combined with the microprocessor chips. In 1975 he and Wozniak became partners, and Jobs gave their enterprise the name “Apple.” They designed their simple computer in Jobs’s bedroom. When more space was needed, Jobs’s father cleared out his home’s garage, where Jobs and Wozniak cobbled together their combination of a circuit board, a microprocessor, a video screen, and Jobs’s most important contribution, a typewriter-style keyboard. The inventors called it the Apple I.

Jobs had already discovered a local electronics storeowner who wanted 50 personal computers to sell to college students, who were the bulk of electronics enthusiasts. Jobs and Wozniak gave the Apple I the whimsical price of $666.66 and ended up selling more than 600 of them, making $774,000. The Apple I was a hobbyist’s machine, a clumsy-looking beast of wires and boards that invited tinkering. The partners wanted to build something more sophisticated and easier to use-making technology easier to use would become essential to Jobs’s views for building his companies. In 1977 the former Intel executive Mike Markkula, a venture capitalist, invested in Apple, becoming its chairman of the board and bringing in outsiders to help govern the company. Jobs persuaded a successful publicist, Regis McKenna, to join Apple. That year the Apple II was introduced. It took only about four hours for a purchaser to set it up and have it running, and it could run some business programs, reducing to minutes from hours certain accounting tasks. With a canny sales campaign created by McKenna, and Jobs’s own magnetic personality helping persuade corporate buyers, the Apple II became the first successful mass-market personal computer.

Jobs had to have been a concern for McKenna: Jobs had long hair and a scruffy beard, and he usually wore jeans when meeting the conservatively dressed businessmen who had the power to order dozens of Apple IIs at a time. But Jobs was charismatic. When he spoke of what his machines could do and of the future the machines would shape, he created what came to be known as his “reality distortion field.” His power to persuade was remarkable, and he often had potential customers vying for his attention. He was soon perceived to be a visionary genius that foresaw how to marry high-technology electronics and everyday business.

According to Forbes magazine, Steve jobs estimated net worth is at US $4 billion in 2007.

The Hutchinson Whampoa Story

The wealthiest man in Asia, Li Ka-shing was nicknamed “Superman” in Hong Kong, where his global empire was based. His political and financial influence, as derived from his diverse holdings, which included real estate, ports, telecommunications, finance, infrastructure, and biotechnology, led AsiaWeek to call him “the most powerful man in Asia” in 2000. Born in mainland China, Li came to Hong Kong as a poor immigrant in 1940 and launched his career making and exporting plastic flowers.

Although his father was the head of a primary school in Guangdong province, Li had little opportunity for formal education. He was 12 years old in 1940 when his family fled the Japanese invasion of China. Within three years of their arrival in Hong Kong, his father had died, and the teenage Li was helping to support the family by selling plastic watchbands and belts.

Li proved to be a capable salesman and started his own plastics factory in Hong Kong in 1950. By 1958 he had a flourishing business manufacturing plastic flowers and was ready to expand. He named the firm Cheung Kong Industries, after the Cheung Kong River-also known as the Yangtze-the longest river in China. The name was reportedly an allusion to both the river’s many tributaries and the need for business alliances.

By 1958, when his landlord raised its rent, Li had enough cash to purchase his factory. This would be the first of many investments in real estate; by the 1960s Cheung Kong had transformed into a property development and management company. Li’s strategy was to avoid debt by raising capital before building, both through the formation of joint ventures with landowners and by pre-selling apartments to friends and colleagues. As such Cheung Kong could incur fewer risks while still earning profits for both Li and his co-investors, fueling rapid growth. The company, renamed Cheung Kong Holdings in 1971, had its initial public offering in 1972. By 1979 Li was Hong Kong’s largest private landlord.

Once again success led Li to expand his corporate efforts in a new direction, this time through the acquisition of one of the oldest British “hongs,” or trading companies. Hutchison Whampoa had been created in 1977 by a merger between the financially troubled Hutchison International, founded in 1880, and Hongkong and Whampoa Dock, which had been the first registered company in Hong Kong when it was founded in 1861. In 1979 Li bought 23 percent of Hutchison Whampoa from Hongkong & Shanghai Bank, becoming the first Chinese to control one of the old British companies that had long dominated Hong Kong’s economy.

Forbes magazine estimated his fortune at US$23 billion, making him the 9th richest man in the world.

The Dell Story

Michael Dell defied conventional wisdom-that consumers would not purchase computer equipment over the telephone-and built a billion-dollar company doing just that. Through his direct method of offering low-cost, custom-configured personal computers direct to customers, Dell changed the competitive dynamic of the computer industry. Notable for a natural business talent coupled with a willingness to share power, Dell carried the company through rapid growth and economic difficulties. He innovated operating processes, took risks, learned through his mistakes, and built Dell Inc. from a college dormitory operation to a global corporation. Along the way Dell became one of the wealthiest Americans and the youngest CEO of a company on the Fortune 500 list of largest American companies.

Dell understood the meaning of “business opportunity” early in life, as his mother’s profession, stockbroker, frequently raised discussions of business and economic affairs at the family dinner table. So when he began to collect stamps at age 12 and noticed prices rising, Dell recognized a business opportunity. He determined the most profitable way to sell stamps would be to bypass the auctioneer and sell direct to collectors. He compiled a 12-page catalog of his and his friends’ stamps and advertised in a stamp collectors’ magazine. In this first business venture Dell earned $2000.

Dell further developed his business acumen at the age of 16, when he sold newspaper subscriptions for the Houston Post. The inefficiency of cold-calling prompted Dell to find better marketing methods. He determined that the people most likely to subscribe were newly married couples and people who had moved. He obtained lists of marriage license applicants and mortgage applicants then used his Apple II computer to address sales letters to people on these lists. The approach succeeded so well that Dell earned $18,000 the first year and had bought a BMW automobile by the time he went to college. In the back seat of that BMW, Dell carried three personal computers, the seeds of PC’s Limited and Dell Computer Corporation.

Dell’s fascination with computers began with exposure to a data processor in junior high school then to computers at the local Radio Shack store. After much persuasion, Dell’s parents allowed him to use savings to buy an Apple II computer at the age of 15. To the fury of his parents, upon arriving home Dell dismantled the computer to see how it operated. The following year, in 1981, Dell bought an IBM desktop computer and learned how to upgrade and add new components. With insight that IBM-compatible computers would become the choice of business, Dell began to buy, upgrade, and resell personal computers for friends and acquaintances, eventually purchasing components at wholesale rates from distributors. Exposure to the computer industry fostered Dell’s desire to start a computer business. In June 1982 he skipped classes for most of a week to attend the National Computer Conference. After saving money to buy a hard disk drive (not standard equipment at the time), Dell communicated with other computer enthusiasts on a bulletin board system and learned how the industry operated. He found dealers sold computers for $3,000 and made $1,000 gross profit, yet he could purchase components for less than $700.

Dell determined that he could compete with retail computer dealers by selling direct to consumers at a lower price and offering better technical service, but his parents had another idea-that Dell should become a physician. Dell went to the University of Texas at Austin in fall 1983. While he attended to premed studies, Dell continued to upgrade and resell computers, finding customers among students and local business-people through word-of-mouth. By the time his parents made a surprise visit in November to address poor class attendance, Dell knew he wanted to compete with IBM. An attempt to be the good son and study premed lasted approximately three weeks, then Dell returned to upgrading computers. In early 1984 Dell registered PC’s Limited with the state of Texas and moved to a two-bedroom condominium. Between word-of-mouth referrals and a small advertisement in the local newspaper, PC’s Limited sold between $50,000 and $80,000 per month in computers, add-on components, and upgrade kits. The week before final examinations in May 1983 Dell incorporated the company as Dell Computer Corporation with the state-required minimum of $1,000 capital. He never returned to college.

Today, Forbes estimated Michael Dell at US$15 billion dollars, remarkable achievement for a dropout.

I believe everyone has a chance for success, whether you are high school dropout or a PHD graduate, you can chose what kind of life you want to lead, you can chose who you want to become.

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The Art of Personal Letter Writing: 7 Basic Elements

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When was the last time you received a personal letter that was not sent by email, but regular snail mail? What type of attitude did it put you in when you received a nice handwritten letter or note outside of the stack of bills that sometimes become daily accessory items for your mailbox? After retrieving a huge box filled with an array of high school and college items from my mother’s house, I found at the very bottom, a smaller box containing letters previously written to me from some of my old friends. There must have been about fifty letters in this box before I discarded them. I couldn’t resist this last opportunity to read every one of them again. After about an hour of non-stop reading, I made a cup of hot tea and sat down to continue my journey “back down memory lane.” I remember rewriting most of my letters, especially if I made a spelling mistake or if my sentence structure wasn’t as I intended it to be. Judging from the amount of paper I wasted on editing, you would think that I was mailing them to a major book publisher instead of a friend!

Letter writing created a manifestation of memories bridging the distance between the sender and recipient. People were as meticulous about picking out decorative stationary to write their letters on, as much as the letter itself. This connection through written communication promoted the exchange of conversation, creativity and artistic expression.

The standard format that I followed practically every time I wrote a letter to my friends, immediate family who lived out of town, old sweethearts or occasionally some of my favorite teachers, was composed of the following basic elements:

1. The Heading (Name and Address)

2. Date

3. The Greeting (Dear So and So)

4. The Body (The message you are writing to the recipient)

5. The Closing (Sincerely, Yours Truly)

6. Your Signature

7. Post Script (There is the occasional comment that was not mentioned in the Body of your letter, but made after the signature, called the P.S. or P.S.S. The P.S.S. was an additional post script).

Sometimes on the back flap of the envelope, the writer would put a smiley face or an acronym like S.W.A.K. (Sealed With A Kiss) which indicated that a love letter was enclosed.

Penmanship in elementary school was extremely important years ago. It came as a surprise to me and some of my friends who are parents that cursive writing is not taught in most schools anymore. Therefore, the meticulousness and pride taken in one’s penmanship is not as evident today as it was when I was growing up. But a personalized letter or note makes you stop, sit down, read and appreciate the thoughtfulness behind the folded message. Personalized letters displayed a unique voice, taste and style. It showed that a lot of thought, even if it wasn’t especially pleasant, went into the written expression.

So why not do something out of the ordinary and make someone smile today by writing a personalized letter to them instead of an electronic one. The memories will be worth the effort, especially if the person is miles away. You will get a great deal of satisfaction from simply taking a few minutes to write an endearing personal message whether on some nice stationary or not. That would be a special gift and welcomed relief for someone to receive in the mailbox amid the endless bills.

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The Incentive of Posting On 100% Free Internet Classified Advertising Websites

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Online Classifieds Rather Than Newspapers

Throughout this article we are going to discuss some details pertaining to the importance of web based classified advertising above the newspaper press classified listing. For starters the printed media regarding classified advertising consists of newspapers, national magazines also know as the free ad service magazines. When you think far more comprehensive, you may find a serious disadvantage of the classified listings, that are often posted within the normal newsprint. More or less the typical citizens do not have the desire to read through the daily newspaper just after the actual distribution date. Anytime the classified posting is produced in a normal paper, then there’s every possibility that the consumer of the particular classified ad becomes obsolete following the day of the papers distribution. Furthermore,, a selected local newspaper is absolutely not a universal news media. The degree of the presence location of a newspaper is mainly state local level or at most a nationwide level.

Zero cost Classifieds Sites

Free campaigns is a good advertising approach to generate online traffic for free to ones web sites or any products or services you are promoting and marketing. Many individuals browse through free classified ads web sites for different services or products. Free classified advertising aim at shoppers more likely than others to buying a particular product or service. 100% free classified ads websites mostly are of two different types – some present an plan for upgrading your main free classified ad to a premium one, and for many others it remains totally cost-free. Totally free web based classified advertising internet pages get revenues by simply obtaining companies that like to add text back links and / or ads pointing to their internet pages. Internet classified advertising free internet websites which provide to insert free classified postings needs to have real individual human filtration systems. Websites that do not preserve their integrity in such a way won’t successfully become acknowledged as superior sites, even if they give the website without charge.

The Emerging Trend of Web Based Classified Ads

Classifieds may be identified as a different style of advertisement. Free classified sites often contain certain personal details, company particulars by any business, or the information pertaining to any sort of upcoming affair. Classified ads were often put to use to publish just in papers in the past. After that the classified ads had been offered to market by means of television or perhaps even the airwaves. Subsequently the Net grew to become the medium of submitting classified advertising. Today the world wide web element of classified advertising is exceptionally praised about the complete globe.

Added Benefits of Online Classified Ads

In addition, classified advertisements submitted within free of charge internet based marketing and advertising web pages along these lines offer you anyone long lasting rewards considering that your classified advertising is going to end up being indexed in the the major search engines. This gives consistent totally free site traffic to your internet business, product, service and also internet affiliate programs a long time from now. Take advantage of our absolutely free classified ads program beginning now by signing up with us now at Hampton Roads Classifieds List and start out developing long-lasting internet promotions added benefits to your internet business.

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Helpful Information Technology Training Courses

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There are a number of unique and helpful information technology training courses available these days. Some of them may be especially helpful to one’s business, depending on the needs of the business. Here are some examples.

1. Information technology leadership. Although many people aspire to work with information technology, it takes a special kind of person to fill a leadership role in this field. Many courses are now available to help cultivate such leadership skills.

2. VoIP technology. More and more business are moving away from the standard telephone systems that have been in use for decades. These businesses have found that VoIP (Voice Over Internet Protocol) systems reduce both equipment and personnel costs. Thus, training courses in VoIP technology can make an information technology worker quite valuable.

3. Cloud computing. As access to the Internet becomes more universal, a number of industries-large and small-have found cloud computing to be a viable solution. Training courses cover such topics as planning, installation, maintenance, and security of a cloud computing infrastructure.

4. Business software utilization. Although business software is easier to use than ever before, it still requires a level of training in order to get the most out of these software programs. Most businesses could benefit from training courses on specific software programs they utilize. At the very least, key personnel may take some of these courses, and then provide training to other staff members.

5. Privacy compliance. More and more countries have enacted strict legislation regarding the collection and sharing of personal data. As a result, it has become increasingly important for businesses to make sure that their technological practices comply with these laws. Because privacy and data laws can be somewhat challenging to understand, training courses on these subjects are a vital part of information technology education.

6. Software development. Most information technology managers will admit that one of their biggest expenses is the purchasing, licensing, and upgrading of business software. For this reason, many companies opt to develop their own in-house software. Besides reducing expenses, internally developed software has the advantage of being custom made to suit the unique requirements and methods of operation at a particular company. Training courses in a variety of software development programs are now widely available.

7. Technical support. Although a large amount of technical support work has been outsourced to other countries, a number of companies still care for this work themselves. Thus, there is a need to train qualified support staff to handle day-to-day issues that arise, both in person and over the phone. Such training courses have proved invaluable to companies that prefer to handle their own technical support.

These are just a few of the numerous courses available. When evaluating such options, businesses do well to consider the size and needs of their particular company, the staff available, the cost of the training, and its potential benefit. They can thereby take full advantage of the exciting advances in information technology, harnessing these powerful tools while maximizing both efficiency and profitibility.

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Spotlight on 5 Rewarding Mental Health Careers

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Think about it: you make time to service your car. You make time to take your pets to the vet. You even make time to clean your house. But how often do you make time to check in on the state of your own mental health?

With health care reform laws expanding coverage for mental health and substance abuse services, more and more Americans will be able to seek the help they need to manage stress, deal with trauma, and improve their lives.

If you want to be one of those professionals who help people look after their mental and emotional health, consider a career in psychology, counseling, or social work. We’ve broken down five popular mental health careers and their degree requirements to help you get started.

Careers

When you think of mental health, a psychology career most likely comes to mind. Psychologists use their knowledge of the human mind and emotions to help patients deal with a wide range of issues, from serious psychological disorders to addiction and recovery to couples counseling.

How to Start a Psychology Career

Requirements for psychologists vary state to state, but as a minimum, you’ll need a Master’s degree in psychology to practice. Some states will require you to have a PhD.

Marriage and Family Therapist Careers

The dynamics of husband, wives and their children are unique, which is why marriage and family therapists are a specialized group of mental health workers. They spend their time in school learning how to read and diagnose different family dynamics and treat each family member, not just one individual.

How to Start a Marriage and Family Therapy Career

The majority of marriage and family therapists have a Master’s degree in marriage and family therapy.

Guidance Counselor Careers

Growing up isn’t easy, which is why guidance counselors are hired by elementary, middle and high schools to help children and young adults throughout their educational careers. Guidance counselors make sure students are progressing mentally and emotionally, and will even assist during the college and career decision-making process.

How to Start a Guidance Counselor Career

Guidance counselors will need a Master’s degree in counseling to get started.

Rehabilitation Counselor Careers

Those who have physical, emotional or psychological disabilities need a unique kind of counseling. Rehabilitation counselors fill this need, using their skills to improve their quality of life and helping them live as independently as possible.

How to Start a Rehabilitation Career

Like the careers listed above, rehabilitation counselors need to have a Master’s degree in counseling or a related field.

Social Work Careers

Some of society’s toughest problems-child abuse, spousal abuse, homelessness, poverty, truancy-often go hand in hand. It’s the responsibility of social workers to help the men, women and children who are trapped in this complicated web of issues.

How to Start a Social Work Career

Social Workers need a master’s degree in social work to get started, and they generally also have a bachelor’s degree in psychology or a related field.

For more information on these careers and correlating degree programs, visit this health services career profiles page.

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Variety of Cleaning Approaches by Professional Commercial Carpet Cleaning Services

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Many commercial business companies with offices have carpets to create a professional look as well as for absorbing sounds to generate a more productive environment for their workers. First impressions are very important as one walks into any office with clean carpets and furniture.

Professional cleaning

Commercial business companies have big carpet pieces that require professional cleaning to keep it looking new and fresh. Commercial cleaning services use the best of cleaning resources and techniques to ensure a longer usage of the carpet to help the company save money as quality carpets are not cheap; even for a company.

There must be experienced and qualified cleaning experts who know how to handle different carpets in different commercial environments. The best of cleaning products must be applied using relevant equipment designed for cleaning them and not the common janitorial tools and detergent. There must be a proper identification of its type and size as well as the type of dirt exposed on them before a thorough cleaning is executed on the carpet.

Professional commercial carpet cleaners offer expert cleaning services that can lengthen the warranty of these. Commercial businesses with carpets to clean can request for a customized cleaning solution or package deal that benefits them. Flexibility is commonly exercised with commercial cleaning services to suit the working hours of the businesses to avoid disruption and inconvenience.

Types of cleaning methods

Different carpets would require different types of cleaning methods to ensure the continual functionality of the piece. One of the popular methods is hot water extraction with vacuuming to suck out all possible soap residues that might attract dirt.

Another carpet cleaning approach is bonnet cleaning where a buffing machine is used to pull in dirt from it. Only biodegradable solutions that are Eco-friendly are applied with minimal water to enjoy a more efficient cleaning.

Encapsulation is a new carpet cleaning process which applies a dry method without fragrances or volatile organic compounds. The cleaned carpet dries quickly after being cleaned. Carpet restoration is used on carpets that have deep stains formed over time due to improper maintenance. Re-soiled spots would be totally eradicated with a few cleaning applications to have the carpet restored to its original beauty and functionality.

There is also the anti-static control approach which is a special commercial carpet cleaning treatment used to reduce static charges on carpet. This is common in offices that have air conditioning which creates a dry environment.

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The Easy Way to Borrow Money in India As a National

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If you are an Indian national and have never borrowed money from a lender before, you might feel confused and intimidated by the prospect. The younger generations at least can easily begin to do this online, since they are more familiar with the virtual environment. The online opportunities are far more varied.

Why apply for loans online
First of all, it is extremely easy and fast. It only takes minutes to provide the lender the needed information and submit your application. Then, you need to wait to be approved, but with certain lenders that can be instant. The third and final stage is when the money is deposited straight into the borrower’s bank account. The entire process is automated, so the borrower does not have to meet any person in order to obtain the loan. Personal or business loans can be obtained on the Internet through the peer-to-peer lending system.

The kind of loans one can apply for
In India, it is possible to apply online for short or long term loans. The money obtained this way can be used for various purposes, such as marriage, education, car, land or home purchase and so on. Loans generally start at Rs. 10,000. Make sure to pay maximum attention when you agree on the repayments period – you must make sure you can make repayments as promised.

Eligibility criteria
To obtain a loan online without any hassle, just make sure you follow the guidelines. Also, you need to meet the eligibility criteria. Before applying, the individual needs to gather all the documents required. The PAN card will usually be necessary, as well as Aadhar card. The client must provide an address proof. The electricity bills required are not always a substitute for this proof of address. As soon as all the documents are gathered, the client should scan these and send the copies online in the provided form. Lenders require to see each client’s credit score before they decide whether to approve the loan or not. In addition, borrowers definitely need to have a valid bank account, so the money can be delivered. Nationality and residency are also important matters here. Applicants need to make proof of their Indian nationality.

How the Aadhar card helps
Having an Aadhar card can help you obtain a loan on fair terms. The purpose of the project involving it was to secure everyone’s social identity permanently. A card with a unique identification number holding biometric data can easily and accurately provide proof of identity and residency. It’s the perfect solution for today’s technological advancements that have also made quick online loans possible.

While an Aadhar card isn’t mandatory yet, it can make the entire loan application process a lot easier.

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