Must Know Business English Vocabulary | 1 HOUR ENGLISH LESSON

333,086 views ・ 2023-08-25

JForrest English


Please double-click on the English subtitles below to play the video.

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Welcome back to JForrest English.
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I'm Jennifer and today I have  an amazing lesson for you.
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You are going to learn mas no vocabulary business,  
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English vocabulary to sound smart to sound  professional to sound advanced at work.
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Let's get started.
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First, you're.
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Going to learn 50 English phrases to help you  sound professional at your next job interview.
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Now pay close attention because  all of these phrases will really  
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impress the interviewer and help  you make sure that you get the job.
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Let's get started with the first  question that you're going to be asked.
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Tell me about yourself when  you're asked this question.
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You absolutely must use the expression.
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I have more than over or  almost 10 years of experience.
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And then you can add as.
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A.
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And your job title as a project  manager, as an accountant.
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Don't forget that article.
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It's very important that it's  there before your job title.
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Now you can also talk about your  experience in a particular field.
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I have.
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Almost 20 years of experience in  the project management industry.
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I have more than 15 years of experience.
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In the IT sector, so you can  use field, industry or sector.
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Now notice you have more than or over.
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That's when the number is greater  than and then you have almost,  
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that's when the number is less than.
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So if you actually have 13 or  14 years of experience, well,  
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it sounds better to use a round Number like 15.
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So you can say almost 15 years of  experience, if you have 13 or 14  
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now you can add to this and tell us more  about your responsibilities in that role.
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So you can say in this role, which is your  role as a financial analyst in this role.
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You can also say in that role.
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It doesn't matter in this that  role I was responsible for.
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Or you can say I am responsible for was if  you're viewing the role as complete and I  
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am responsible for if you're currently  doing that role I was responsible for.
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Now after this, we need a gerund verb.
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So you can use many, many different  verbs to talk about your experience.
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These are the most common  verbs you can use In this role.
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I was responsible.
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For managing, overseeing, leading,  coordinating, creating, developing,  
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reviewing, improving, streamlining and analyzing.
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Of course you can use other verbs,  but these are the most common now.
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Streamlining this means improving  the efficiency or effectiveness.
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So as a financial analyst, you  could say I have over 20 years  
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of experience as a financial  analyst in the IT industry.
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In this role, I'm responsible  for overseeing a team of 15.
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People, and I'm responsible for or  streamlining our operations now.
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In a job interview, you absolutely want  to use more academic or formal adjectives.
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You don't want to say I have a lot of experience.
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That doesn't sound very strong or convincing it.
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Sounds a lot more impressive.
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If you say I have extensive experience,  I have significant experience.
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So those are two must know adjectives  that you should use in job interviews.
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Extensive and significant, which simply  is a more formal way of saying a lot of.
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I have significant experience, and  again after this you need a gerund verb.
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You can use any of the verbs I've  already shared, and of course.
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You'll have specific verbs for your  industry and your specific job title.
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I have extensive experience creating international  marketing campaigns for a variety of industries.
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Now, after this expression, I have  significant extensive experience.
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You could also use a noun.
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I have significant project management experience.
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I have significant financial analysis experience.
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So you don't have to use a gerund verb.
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You could also use a noun.
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If you're asked about your  education or your credentials,  
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you can simply say I have a Bachelor of.
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I have a Bachelor of Science, a Bachelor of Arts,  a Bachelor of Engineering, whatever that may be.
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Now you can end it there, but you  may also choose to identify the.
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School and the year you graduated.
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Those aren't requirements, but if you went  to a prestigious or well known school,  
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or you recently graduated, those  might be useful details to include.
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I have a Bachelor of Science from Cornell.
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I graduated in 2020.
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You could also use the verbs received or obtained.
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Which are more formal than have.
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However, it's extremely  common to use the verb have.
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I have a bachelor.
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I have a master, but you can absolutely  
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use received or obtained to  use the more formal version.
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I received my Master of Education from Cornell  
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IN2020I obtained my Master of  Engineering from MIT in 2019.
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If your credential is a certification, you can use  the verbs I received, I completed or I obtained.
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I completed my PMP in 2019.
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Now notice here I use an acronym PMP if  
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I'm applying for a job in the  project management industry.
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They.
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Know what a PMP is.
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It's the most prestigious  certification in the industry.
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It stands for Project Management  Professional, so there's no need  
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to identify an acronym if that acronym  is well known in your specific industry.
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Let's talk about your personal strengths.
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The interviewer is likely going to  ask you what are your strengths?
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What would you say are your three best qualities?
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So here you can use a transition word.
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As for my strengths As for my strengths,  that's just to introduce the point.
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As for my strengths, I'm  extremely and then you can list.
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The quality.
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Now notice here I use the adjective extremely.
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This is a more convincing  adjective than I'm really or very.
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You want to avoid those common  adjectives because they don't stand out,  
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and it's way more convincing to use a  stronger adjective in a job interview.
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Like, extremely.
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I'm extremely hardworking, which sounds  stronger than I'm really hardworking.
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Let's review some common adjectives that you're  going to use, and for all of these adjectives,  
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you're going to use the verb to  be and then list the adjective.
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I'm extremely hardworking, committed, trustworthy,  honest, focused, methodical, proactive.
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A team player.
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For a team player, you can't use an adjective.
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You're simply going to say I'm a?
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Team player You're not going to  say I'm extremely team player.
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That doesn't work.
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I'm.
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A team player.
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Now let's talk about some specific skills  you should highlight in your interview.
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Now the following skills are rated as the top 10.
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Skills that employers want, of course.
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The.
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Skills are specific to your industry,  but you can take this as a general.
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List of skills that would be useful to  highlight during the interview and to talk.
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About these skills you can say I have  
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and for an adjective you can say  I have advanced, I have superior.
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I have excellent and then you list the skill.
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I have excellent time management skills.
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I have superior communication skills.
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I have advanced adaptability skills.
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The other top ten skills are Problem Solving,  Teamwork, Creativity, Leadership, Interpersonal.
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Skills, Attention to detail and work ethic.
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For work ethic, we have a very  specific adjective, and that's strong.
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I have a strong work ethic.
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So this is the specific expression for work ethic.
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I have a strong work ethic.
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So let's say you want to show  off your communication skills.
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I have superior communication skills.
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Now let's say the interviewer wants to know why  you're interested in this specific position.
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You could say I'm looking for an  opportunity to further or to develop.
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My X skills.
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So your project management  skills, your teamwork skills,  
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your financial analysis skills,  whatever the specific skill is.
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You could also say I'm looking for an  opportunity to gain experience in and  
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then you can talk about a specific field  industry or sector in the IT industry,  
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in the project management  field, in the marketing sector.
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You should absolutely have a conclusion.
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Don't just say thank you for your time,  
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you should leave them with a really  strong impression of your skills and.
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Your ability to complete the job  and be an asset to the organization.
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So you can say I believe that.
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I know that.
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I'm confident that my extensive  project management skills.
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Would make me a valuable asset  to your company, your team,  
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your organization, and I look forward to  the opportunity to contribute to your goals.
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Of course you should take this and adapt  it to your specific industry or role,  
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but you absolutely want a strong conclusion  statement to impress the interviewer.
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Now let's move on and you're going to learn how  a native speaker records their voicemail message.
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A voicemail message is so important because what  if the person is calling you to offer you the job?
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You don't answer.
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They hear your voicemail message  and it sounds really unprofessional.
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That could cause them to not offer you the job.
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Or a client to not do business with you.
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So this next section will make sure you have  a professional and natural voicemail message.
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So here we have Sophia.
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Let's take a look at her voicemail message  to see what information we should include.
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So here's her message.
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Hello, you've reached Sophia Sanchez,  senior project manager at Google.
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I'm sorry I missed your call.
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Please leave me a message and I'll  get back to you as soon as possible.
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Thank you.
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Now let's look at this message line by line to  see what kind of information we should provide.
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OK, so our first line.
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Hello, you've reached Sophia Sanchez,  Senior project Manager at Google Now.
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Notice I started with hello.
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You can of course start with hi.
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We definitely are not going to start with hey  no, that is too informal for this situation.
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Now both of these are acceptable.
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Keep in mind Hello is slightly more professional,  
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however high is slightly  more friendly and welcoming.
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So the choice is yours, depending  on what tone you want to convey.
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But both of them are professional  okay and then we have you've reached.
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So this is the standard.
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It will always be in the present perfect.
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By now you're well aware of the  present perfect you've reached,  
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and this is the standard verb as  well to reach someone you've reached.
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So this doesn't change.
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Now you have the option if you  want to say you have reached.
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And like I said, you may notice that English  
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speakers in their voicemail message  will choose to not use contractions.
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So whether you want to use you have or you've  either is fine, but it's going to be with  
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the verb reach, so you've reached and then I  recommend giving both your first and last name.
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If it was your personal voicemail,  you might only give your first name.
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But in a professional context,  
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I would include your first and last  name, but not your middle name.
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So only first and last, not your middle name.
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OK, and then notice we have our job title.
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Now I separate it here with  a comma because a comma tells  
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me to take a pause, which I'm going to do.
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So notice how I would read this.
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You've reached Sophia Sanchez,  Senior Project Manager at Google,  
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So I take a brief pause between  my name and my job title.
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So here, whatever your job title may be,  graphic designer, software developer,  
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receptionist, whatever your job title is, it would  go after your name, separated by a brief pause,  
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and then at with your company, so here at Google.
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But whatever your company is,  you would just put your name.
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OK, I'll read this one more time.
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Hello, you've reached Sophia Sanchez,  Senior Project Manager at Google.
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So that's how I would say it.
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That's what I mean by a  warm but professional tone.
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Now, in everyday English, if  I'm speaking with my friends,  
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I would be a little more enthusiastic,  which I'm not going to do.
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So I'll give you an example  of being very enthusiastic,  
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which I don't want you to do if I said hello.
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You've reached Sophia Sanchez,  senior project manager at Google.
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That's too enthusiastic.
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We want warm and professional in our tone.
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OK, now let's look at the next line.
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I'm sorry I missed your call.
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Now here the verb to be.
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We generally always put it in a contraction,  so it would sound a little awkward to say.
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I am sorry.
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I am sorry simply because native English speakers  always put the verb to be in a contraction.
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So here I would stick to the contraction.
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I'm sorry, I missed your call.
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So this is a pleasantry that we include.
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There's alternatives.
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You could say I can't take your call at the  moment, I can't take your call at the moment.
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So this is an alternative.
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So this could be you know, option A,  option B, but you can also include this.
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I'm sorry for this one as well.
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So you could say I'm sorry I can't take  your call at the moment, that's another one.
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And notice here just at the moment.
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So that means at the present time, an  expression of time or we can have a option C  
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And again you could include I'm sorry in  front, I can't answer your call at the moment.
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So here, what's the difference between these two?
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Yeah, just the verb.
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So take or answer.
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Either one of them is acceptable  or we can have an option.
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DI can't come to the phone right now.
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I can't come to the phone right now.
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And this right now.
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These two could be interchanged.
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So I could say I can't come to the phone at  the moment or I can't answer your call right  
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now so those can be exchanged and then you  can put, I'm sorry, in front of all of them.
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Now why do we put?
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I'm sorry, it's.
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Just a pleasantry.
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It's to express that you wish you  were there to talk to the person,  
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so it's just a polite thing that we  generally include in our message.
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OK, the next line,  
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Please leave me a message and I'll  get back to you as soon as possible.
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So here's our standard information.
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Please leave me a message.
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That's just a polite thing to say and all.
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So here I'm using a contraction.
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Of course, this is I will.
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And why am I using the future simple here?
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Yeah, because I'm making a commitment.
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That's why I have it in the future.
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Simple for a commitment and all get  back to you as soon as possible.
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So hear this as soon as possible.
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This is an expression of time reference and there  could be alternatives you could include here.
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OK, but this get back to you.
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That's a pretty standard expression.
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Now let's look at some alternatives.
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So notice it starts the same.
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Please leave me a message and I'll  return your call as soon as possible.
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So here and saying instead of saying get  back to you is just return your call.
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Now I wouldn't say that one  is more formal than the other.
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You might be thinking return is a  more formal verb than get back to you,  
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but I wouldn't say that because get back to you  is just a very common expression in English.
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OK, so we can have our option A.
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Our option B and let's see Okay.
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So instead of as soon as possible, you  could say as soon as I can for example.
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So you have this different  option here that you could change  
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and another time reference within 24 hours.
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So within it's giving the final deadline.
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So if this is 24 hours later, later,  so it's from the moment you called and  
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then you count 24 hours and within is  anytime from now until 24 hours later.
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So that's within.
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And why might I say within 24 hours?
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Well, you're giving the expectation that  the person can hear from you shortly.
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And certain industries might have  standards for how quickly they  
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respond to client requests or how  quickly they respond to customers.
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And because of that, you might want  to give the person calling the idea  
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that they can expect to hear from you  within a certain time frame, Okay.
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So different alternatives here and the next line.
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So notice how I end with just thank you.
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I don't say goodbye.
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It is not common in voicemail  messages to end with goodbye.
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We generally end with just thank you,  
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but it would be possible to say have a  nice day or have a great day for example.
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Just a pleasantry, if you'd like.
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Now let's cover a topic that  many students get confused with,  
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and that's the difference  between revenue and income.
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Both of these are terms that are used in every  business environment and you need to know them.
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Let's do that now.
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So what's the difference  between revenue and income?
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First of all, you only need to know this if  
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you own a business or if you're  interested in business topics.
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Because if you're an individual who  works for a company, if you're an.
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Employee.
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You're employed by a company.
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All you need to be concerned about is income.
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Revenue does not apply to you.
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OK, but you might be interested to know about  the revenue that your company generates.
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But an individual does not generate revenue.
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A company generates revenue.
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So just keep that in mine.
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So for an individual, let's say you work for a  
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company and you're just concerned  about the money in your pocket.
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As an employee, what is income?
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Income is how much money  you make from all sources.
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All sources.
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OK, So what does that mean?
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All sources?
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Well, let's say that you are a fulltime employee.
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OK, And let's say you have a  salary and you make $75,000 a year.
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23:54
But in addition to your fulltime  employment, you're also an artist.
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And you like to paint in your spare time.
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24:04
And people want to buy them.
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But twice a year you go to art shows  on weekends and you sell your art.
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You don't consider this a job  because you love painting.
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24:16
It's just a hobby of yours.
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24:17
But your paintings are really.
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24:22
So you go to these art shows and you  sell your paintings twice a year,  
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24:27
and from those art shows you  make $20,000 from your art.
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So your income is not just the  money you get from your employer.
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24:40
Your income is all sources  of money that you receive,  
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so of course your employer is probably going to  be the most important income source I imagine.
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But if you have any sort of hobbies that  you generate money from, even if you have a.
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24:56
Garage sale and you make $1000.
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Technically that's still your income.
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25:02
You sell a bike and you make 100 bucks.
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You would include that in your total income.
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So your total income is the  money you make from all sources.
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25:13
Now let's go back to the concept  of revenue versus income.
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25:17
But remember, this is something that only applies  to businesses, small businesses, large businesses.
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It doesn't matter any type of business.
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So in a business, revenue is the  money generated from all sales.
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25:32
So let's say a company has  five different products,  
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25:36
and each of those products generate some money.
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25:40
And then you Add all of those together and  that company generates $25 million that year.
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25:48
That's the revenue, the money  generated from all sales.
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Now what's income in a company income  is the revenue, which we just learned,  
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the revenue minus the expenses.
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That leaves you with the income.
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So let's say you generate that $25 million,  
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but to do that you needed to spend  $10 million in advertisement.
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So your revenue is $25 million, but your  income is your revenue minus your expenses.
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So your income is $15 million.
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Now, just in case you're wondering,  that is also referred to as net profit.
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That's just a little bonus expression for you.
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You have already learned so much  vocabulary in this lesson and.
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You're going to keep learning because I have a  
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news article about Mark Zuckerberg  that focuses on a business topic.
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Now you are going to learn a lot of advanced  
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business vocabulary naturally in context  as we review this news article together.
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Let's do that now.
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First, I'll read the headline  Meta surges as Ads Bounce Back.
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There are two things I want to  teach you in this short headline.
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First, let's talk about surges.
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This is a verb.
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It's conjugated in the present simple with Meta.
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Meta is the company that Mark Zuckerberg owns,  
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the company that owns Facebook,  Instagram, WhatsApp, among others.
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Now, as a company, it would be  conjugated as a subject as it  
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27:42
And that's why you see this as on the  verb in the present simple, it surges.
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27:48
Meta surges as ads bounce back.
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27:52
Now the verb to surge.
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What does this mean to surge?
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This is a sudden and great increase.
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28:00
So when it says meta surges is talking about its  profitability, the money that the company earns.
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So meta surges.
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There's a sudden and great increase.
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So sudden it happened in a short period of  time and then obviously great in the quantity.
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Meta surges as ads, ads.
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28:26
This is the short form for  the word advertisements.
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28:30
Native speakers almost always use the short form  ads, which stands for Advertisements bounce back.
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This is a very useful phrasal verb to bounce back.
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28:44
This means to start to be successful  again after a difficult period.
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28:51
Now we use this in different contexts.
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In this case it's used in a business context.
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So you can imagine that Meta was  successful but then there was a difficult.
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29:07
So for a business that's when there  are profits, the money they earn falls.
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29:13
So their profit was here, then it fell to some  lower point, but then the company bounced back  
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29:22
which means their profit increased to  the same level or greater bounce back.
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29:30
So we use it with businesses.
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29:31
We also use this with health.
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29:35
So if someone is sick,  
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we can say, oh, I hope you bounce back  soon, which means recover, recover soon.
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29:45
So you can use it in this business context,  or you can also use it in a health context.
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29:51
Don't worry about writing this down,  because I've created a free lesson PDF  
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29:57
that summarizes everything  you're learning right now,  
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30:01
so you can look in the description for  the link to download the free lesson PDF.
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30:06
Let's continue.
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As I predicted before earnings came out.
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A prediction is when you you make a a gas or a  
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30:19
statement about a future situation  based on the facts you know now.
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30:26
So this person is making a prediction, a  guess about the future, about Meta's earnings.
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Earnings means financial.
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30:38
The money that the company earns,  you can refer to that as earnings.
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30:45
My earnings.
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30:46
So this right here is a noun.
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30:51
This is a noun.
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30:53
Now, of course, we have earned as a verb,  
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30:57
so Meta earned a lot of money,  to use a very simple sentence.
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31:05
So you could say Meta's earnings  to use the noun phone form.
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31:09
Meta's earnings were very high,  or Meta's earnings surged.
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6720
31:16
To use the verb that you now know, as I predicted  before earnings came out, Meta not only had its  
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31:27
second straight quarter of positive revenue  growth, but it also exceeded expectations.
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31:33
OK, before we continue, let's talk  about this word here, quarter,  
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31:39
quarter, because as you can see  we have it here quarter Q4Q2.
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31:45
So you'll see this a lot in this  article and any business related  
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31:51
financial related article or  news story, you will see this.
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31:56
So the calendar year is 12 years.
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32:00
So you can divide that into quarters  and you will have four quarters.
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32:06
In each quarter there are three months.
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32:10
So we have Q1 which is quarter one, quarter one or  the first quarter and this is January, February,  
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32:26
March.
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32:27
Now I won't repeat this, but this repeats for  Q2Q3Q4 and it's just a period of three months.
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32:36
So that is how a business divides the  calendar year to measure their performance  
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32:45
and analyze their earnings And Q1, this is  the short form, it represents quarter one.
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32:53
Now notice here when you say the longer form first  quarter, you have to use the article the the first  
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33:02
quarter because first is an ordinal number and  we always use articles with ordinal numbers.
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33:10
So I'll make a star here.
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33:12
Don't forget the this is required grammatically.
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33:19
So now let's go back.
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33:21
Meta not only had its second straight  quarter, a positive revenue growth.
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33:27
So what does this mean?
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33:28
It's second straight quarter  when you have straight.
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33:32
When you're talking about  quantity, it means continuous.
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33:39
So I could say I have worked for 10 days straight.
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33:48
I have worked for 10 days straight means  that I've worked for eight days continuously.
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33:57
So I have not taken a break in 10 days.
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34:01
So you can say I've worked, I've worked for  10 days straight, and again here straight.
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34:15
This means continuous.
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34:20
You can also put the word straight.
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34:23
I've worked for 10 straight days  and it means exactly the same thing.
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34:29
There's just a little bit  of flexibility in placement.
435
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34:33
And again, that means 10 days in a row,  which means continuous 10 continuous days.
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34:41
So second quarter straight.
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34:44
So that means Q1 and Q2 or Q2 and Q3 or  Q3 and Q4 of positive revenue growth.
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34:54
So the revenue is the money that they earn  
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34:58
and revenue is the money that they  earn before they pay expenses.
440
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35:06
OK.
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35:07
So revenue is the money that comes  in but before they pay expenses.
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35:13
But it also exceeded expectations.
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35:16
So an expectation, this is a prediction  of how well you think you'll do.
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35:23
So maybe Meta expected to earn $100 million  because it's a massive company, $100 million.
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35:33
That was their expectation, but if they exceeded  it, it means they earned more than they expected.
446
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35:41
So they earned 110 or $200 million,  
447
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35:50
but it also exceeded expectations with its first  quarter of double digit growth since Q 4/20/21.
448
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36:00
This is saying in Q 4/20/21 which remember  is the last three months of the year.
449
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36:08
So October, November, December, that's  Q4, October, November, December.
450
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6600
36:15
In Q 4/20/21 it had double digit growth.
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6000
36:21
So single digit growth would be 1 to 9%.
452
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36:27
Gross is single digit growth  because there's only one digit.
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5340
36:33
So what is double digit growth?
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36:35
I'm sure this is pretty easy for you.
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2160
36:37
10 to 99% is double digit growth is  obviously possible to have triple  
456
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36:45
digit growth or quadruple digit growth possible.
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36:49
It would be great, I'm sure if you're a business.
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36:52
So this is double digit growth.
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2100
36:54
So it's saying in Q 4/20/21  it had double digit growth  
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36:59
and now it has also had double digit growth.
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37:04
But the period between these two times  it didn't have double digit growth.
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37:12
Let's continue.
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37:13
Here's my quick take on Metas Q2.
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37:17
So let's take a look at this,  someone's take on something.
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37:23
This is a very useful expression.
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2820
37:26
The expression is ones take on something and this  means one's opinion about a situation or idea.
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37:36
So your take is your opinion or your idea.
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37:42
So for example, it's very common to  ask someone what's your take on that?
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37:47
You might share an idea.
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37:49
Oh, we should go on vacation to Germany this year.
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37:54
What's your take on that?
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37:55
You're asking them, well, what do you think  about the idea I just shared with you?
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38:00
What's your opinion?
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38:02
What's your take on?
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38:04
And then that being whatever I just said,  
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38:07
of course you can actually provide what  you just said instead of saying that.
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38:13
For example, what's your take on  the threads versus Twitter debate?
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38:18
Because this article is about meta.
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38:23
Meta just created this new social  media platform called Threads,  
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38:29
which is a direct competitor to Twitter.
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38:32
So I asking you, what's your opinion on  Facebook meta now competing against Twitter?
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38:42
What's your take on that?
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38:44
What's your take on threads versus Twitter?
484
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38:47
So feel free if you have a take on that, feel  free to share your take in the comments below.
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38:56
Okay, let's continue with two straight quarters,  
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39:01
a positive revenue growth and the first quarter  of double digit revenue growth since late 2021.
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39:09
This is very repetitive of  what we just learned, so you  
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39:14
can review the explanation, I won't explain it.
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39:17
Again, Meta's year of efficiency  is off to a strong start.
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39:23
This is a great expression as well.
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39:25
But notice when you're learning  new expressions, you have to learn  
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39:30
the entire grammatical structure.
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39:33
So here the expression is to be our verb to be.
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39:37
Of course, our verb to be needs to be conjugated.
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39:41
In this case, the verb to be is being  conjugated with Meta's year of efficiency.
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39:46
Which as a subject, what subject would that be?
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39:51
Well, it's it, and I know it's it  because my verb is to be as is,  
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39:56
and that's the conjugation with it.
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39:58
It is off to a strong start.
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40:02
So here the expression is  
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40:06
to be off to a X start, and then in  this expression, X equals an adjective.
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40:16
It can be a positive or a negative adjective,  
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40:20
and this just describes the performance  of the beginning of something.
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40:28
So let's say you're in a new class.
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40:34
You're learning how to play guitar.
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40:36
You might say I'm off to a  great start, great start.
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40:46
I already know three songs.
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40:51
So you're describing the  performance of the beginning.
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40:55
And in this case, it's the  beginning of learning guitar.
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40:59
It can be the beginning of anything.
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41:02
Our vacation is off to a rough start.
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41:08
A rough start would be negative.
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41:10
Our vacation is off to a rough start because  
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41:13
our flight was delayed for five  hours and then they lost our bags.
515
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41:22
So that's the start of your vacation  and it's not going very well.
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41:27
So you can say off to a rough start.
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41:32
Let me write this for you.
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41:34
Here it is.
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840
41:35
Our vacation is off to a rough start and and  then you can explain why our flight was delayed.
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41:44
They lost our bags, our hotel was terrible.
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You can explain all the reasons why.
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Hopefully that is not the real situation.
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Obviously you want to be off to a great start.
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41:58
Amazing start, wonderful start.
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42:01
Remember you can choose any  adjective you want to replace X.
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42:06
So Metas year of efficiency  is off to a strong start.
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42:11
If the company can continue this momentum  into the next two quarters, that being Q2  
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42:20
and Q3 or Q3 and Q4, it will exit 2023 in a  much better position than it entered the year.
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42:30
And that's how it's bouncing back.
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42:33
Remember, it was here, but then  it went down, but now it's back.
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42:39
It bounced back.
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42:42
Let's continue.
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42:45
There's a lot of feel good about  when it comes to meta right now.
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42:49
Oh, sorry, there's a lot.
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42:52
To feel good about, I was  thinking, that doesn't sound right.
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42:55
There's a lot to feel good about  when it comes to meta right now.
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43:01
So if you feel good about something, it  means that there's positive feelings.
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43:07
And obviously because they are doing very well,  
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43:11
because they're off to a strong start,  there's a lot to feel good about.
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43:16
When it comes to meta right now, it has  been able to maintain decent growth.
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43:22
Decent.
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43:23
This is an adjective that  means good but not amazing.
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43:28
So if I say the food is decent at a restaurant,  you know it's good but it's not amazing.
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43:39
So if you ask me, oh how was how was the  movie, how was the food, how was the hotel?
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43:45
And I say decent, good but not necessarily great.
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43:50
Good but not great.
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43:52
Decent good but not great  to maintain decent growth in  
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44:00
monthly and daily active users across  both Facebook and its family of apps.
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44:05
And it has seen strong performance from advantage.
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44:08
It's AI driven suite of ad automation tools.
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44:13
Remember ad is short for advertisement.
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44:16
Native speakers almost always  shorten this word Advertisement  
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44:24
automation tools as well as good  momentum for advertiser demand on reels.
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44:31
While it's competitor Snap,  I've never heard of Snap.
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44:35
Have you heard of Snap?
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44:37
I haven't.
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44:38
If you have share in the comments.
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44:40
Clearly a competitor to Meta,  
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44:43
while his competitor Snap has yet to  emerge from its own advertising slump.
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44:50
Notice I said ad is short for advertisement,  
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44:54
but here we have advertiser,  who is the person advertising?
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45:01
And then advertising is the verb.
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45:05
But for advertisement.
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45:07
This is the one we shorten us emerge  from its own advertising slump.
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45:16
A slump.
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1080
45:18
This is when there's a decline.
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45:21
So slump, visualize going down and it goes  down in terms of price, sales or volume.
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45:30
In this case, it's advertising slump.
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45:34
It's most likely the volume, the number of.
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3300
45:37
People who want to advertise  on this platform on Snap  
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45:44
Mehta has been able to successfully  turn around its business.
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45:49
This is a great phrasal verb as well.
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45:52
When you turn something around, it means you  take a situation from negative to positive.
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46:03
I wrote that definition here.
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1740
46:05
Now this could be a great one to combine with the  expression off to a adjective start, especially  
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9300
46:14
when it's negative because this expression is  when you take something from negative to positive.
577
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6000
46:20
So remember the example I gave was  our vacation was off to a rough start.
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46:26
And remember you have your verb  to be that you have to conjugate.
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3720
46:29
In this case is conjugated with the subject our  vacation it and the time reference is the past.
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46:36
So this is the past.
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46:38
Simple.
582
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360
46:38
Our vacation was off to a rough start.
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2820
46:41
Not good.
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1560
46:42
So a negative situation, but we turned it around.
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46:48
So we took our vacation from negative to positive.
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46:51
And of course you can provide more information on  why it was negative and how you turned it around.
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6420
46:58
So how you got it from negative to positive.
588
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47:01
So excellent expression that you can  combine with the other one you learned.
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47:08
Let's continue.
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47:10
Meta still faces several challenges, however.
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3420
47:14
It gets nearly all of its  revenue from advertising,  
592
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47:19
and we estimate that its  share of the worldwide digital  
593
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4800
47:25
ad market advertisement market will fall to  20.1% this year from his 2021 peak of 22.7%.
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47:38
Okay, its peak of 22.7.
595
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5520
47:44
When you describe something as its peak.
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47:47
We'll just think of a mountain and the  top of a mountain is the peak, right?
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5760
47:53
And the the top of the  mountain is the highest point.
598
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4140
47:57
So when you say the prices peaked at X number,  then that means that's the highest the prices  
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48:09
are expected to go and then  after that they they might fall.
600
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5280
48:15
So here the market will fall to 20.1.
601
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4440
48:19
So at this time in 2021, the market was at 22.7.
602
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6540
48:26
By saying it's the peak is  saying this was the highest  
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48:30
point and they don't expect it to go higher.
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48:34
This was the peak.
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1260
48:35
So from this you have no place to go cut down  because you're at the top of the mountain.
606
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5640
48:41
So just visualize the top of the  mountain when you think of peak.
607
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4800
48:46
So the highest it's facing significant  competition from TikTok, and Amazon.
608
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7560
48:53
And while Meta may be talking less about the  Metaverse these days, it is still determined  
609
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8040
49:01
to make the Metaverse a reality and the  massive losses in its Reality Labs division.
610
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8040
49:09
So I guess this is the name of  the group within the company that  
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49:16
works on the Metaverse, the Reality Labs division.
612
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49:21
They work on Metaverse are adding up.
613
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4140
49:25
So the losses, the obviously financial  losses, they're adding up, so adding up,  
614
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7680
49:33
this is a phrasal verb that  means accumulating, accumulating.
615
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4320
49:38
So you might you had this loss here,  this loss, this loss, this loss.
616
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49:43
And then if you add them up,  
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2220
49:45
you have a total amount that is obviously  a lot bigger than the individual amounts.
618
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49:55
The company also faces incredibly  tough competition in generative  
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50:01
A I I'm not too sure what generative A I is.
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4260
50:05
I'm sure there are students watching this who do  
621
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4140
50:10
know a lot of probably people in the  software development engineer world.
622
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6180
50:16
So feel free.
623
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840
50:17
Let me know what generative A I is.
624
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2700
50:19
Artificial intelligence, That's a I,  
625
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2760
50:22
but I don't know what generative A I  is, including from Open AI and Google.
626
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5700
50:29
4 These things will weigh on meta  in the second-half of the year.
627
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50:35
So remember the first half of the year would  
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50:39
be Q1Q2 and the second-half  of the year would be Q3Q4.
629
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50:44
Let's take a look on way on  when something these things,  
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50:50
the things the article previously mentioned, when  something weighs on someone, meta is a company.
631
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9060
50:59
So someone or something a company.
632
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2280
51:01
It simply means that whatever those things  are are making you worried or unhappy.
633
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7620
51:09
So to weigh, just imagine something  physically is weighing on you.
634
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51:15
It's bringing you down in terms of your emotions.
635
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3960
51:19
For example, my upcoming IELTS exam is weighing on  me is another way of saying is making me worried,  
636
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10440
51:30
making me unhappy because you have a  lot of nervousness around that exam.
637
3090000
5520
51:35
Hopefully not just an example, but  that is something you could say.
638
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5280
51:40
And I know a lot of students have told me that  
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51:44
these things will weigh on meta  in the second-half of the year.
640
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4380
51:49
And remember that second-half is Q3 and  Q4 combined, but thanks to the momentum  
641
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8520
51:57
of a better than expected Q2, it will be in  a stronger position to face those challenges.
642
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9660
52:07
So there the company expects to have  challenges in Q3 and Q4 because of  
643
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8040
52:15
this competition from other companies and how  the losses of the Metaverse are now adding up.
644
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10080
52:25
But because it has such a great  Q2, it was off to a strong start.
645
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52:34
It won't be as severe.
646
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2160
52:36
The consequences of these losses and  the competition won't be as severe.
647
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52:43
So that's why it's in a better, stronger  position to face those challenges.
648
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52:49
And that's the end of our article.
649
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52:52
So what I'll do now is I'll go to  the top and I'll read the article  
650
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52:56
from start to finish and this time  you can focus on my pronunciation.
651
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53:01
Meta surges as ads bounce back.
652
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3900
53:06
As I predicted before earnings came out,  
653
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3060
53:09
Meta not only had its second straight  quarter of positive revenue growth,  
654
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5520
53:14
but it also exceeded expectations with its first  quarter of double digit growth since Q 4/20/21.
655
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8700
53:23
Here's my quick take on Meta's Q2 one.
656
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5040
53:28
With two straight quarters a positive revenue  growth and the first quarter of double digit  
657
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53:34
revenue growth since late 2021, Meta's year  of efficiency is off to a strong start.
658
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7500
53:42
If the company can continue this  momentum into the next two quarters,  
659
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5040
53:47
it will exit 2023 in a much better  position than it entered the year 2.
660
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7140
53:54
There's a lot of feel good about  when it comes to meta right now.
661
3234240
4620
53:58
It has been able to maintain decent growth  in monthly and daily active users across  
662
3238860
6480
54:05
both Facebook and its family of apps, and it  has seen strong performance from advantage.
663
3245340
6360
54:11
It's a I driven suite of ad  automation tools as well as  
664
3251700
5580
54:17
good momentum for advertiser demand on reals.
665
3257280
4020
54:21
While its competitor Snap has yet to  emerge from its own advertising slump,  
666
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5820
54:27
Meta has been able to successfully  turn around its business 3.
667
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6000
54:33
Meta still faces several challenges, however.
668
3273780
3780
54:38
It gets nearly all of its revenue from  advertising, and we estimate that its  
669
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5160
54:43
share of the worldwide digital ad market will fall  to 20.1% this year from his 2021 peak of 22.7%.
670
3283380
12060
54:56
It's facing significant competition from  TikTok, and Amazon, and while Meta may  
671
3296640
6300
55:02
be talking less about the Metaverse these  days, it is still determined to make the  
672
3302940
5580
55:08
Metaverse a reality, and the massive losses  in its Reality Labs division are adding up.
673
3308520
7200
55:15
The company also faces incredibly  tough competition in generative A I,  
674
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5700
55:21
including from Open A I and Google  
675
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3060
55:25
for these things, will weigh on meta in the  second-half of the year, but thanks to the  
676
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5940
55:31
momentum of a better than expected Q2, it will be  in a stronger position to face those challenges.
677
3331140
7140
55:38
If you like this lesson then make  sure you subscribe because I post  
678
3338280
4320
55:42
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679
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3960
55:46
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4440
55:51
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55:54
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3660
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