What You Need to Know Today: January 13

Good afternoon, Early Risers!

Here’s what you need to know


Stop whining about Apple ditching the headphone jack. “Change is inevitable. Change is constant.”  — Benjamin Disraeli. Hundreds of thousands of people are against Apple ditching the headphone jack. “It will screw the planet.” Out of all the Apple rumors this has ruffled the most feathers. But here’s why people against Apple need to stop whining and give their head a shake. First, a petition won’t change Apple’s mind (it’s not the ‘60s — Apple will do what it and it’s shareholders want). Second, lightning-powered headphones are better, there’s no question. Third, contrary to what you might think, ditching the 100 year old 3.5mm headphone jack won’t “screw the planet.” If you’re entrepreneurial minded, you should be frothing at the mouth for the opportunity to create a hi-fi recycling business.

Where do you hide a dead body? On the second page of Google. SEO is no joke and whether you like it or not, it’s here to stay. Lucky for us, The Next Web put together a nice one page SEO Survival Guide.


Should you buy a Powerball ticket? “Playing the lottery is merely a cheap form of entertainment — you spend $2 for the chance to fantasize about becoming a millionaire,” says Robert Williams, a professor of health sciences and gambling studies at the University of Lethbridge in Alberta. I think it’s safe to say Robert isn’t buying a ticket tonight. And neither should you. If you’re serious about becoming a millionaire, buying lottery tickets might be worse than your growing collection of self-help books. “Fantasizing about becoming a millionaire,” is not only a waste of time and money, but it’s robbing you of the motivation you need to actually become a millionaire. The #1 reason most people give up on their new year’s resolutions is, you guessed it, fantasy. Don’t fall victim to these psychological tricks. Finally, here’s a great quote a friend sent me, “Lottery: A tax on people who are bad at math.” — Ambrose Bierce.

The #1 thing to steal from your competitors: wisdom, says Seth Godin.

Why you should have faith in the Millennipreneur. “More mature, more ambitious, more confident, more responsible: the Millennipreneurs make up a new generation of business leaders who are galvanizing every sector of the economy,” says Peter Todd. A nice break from the “millennials are the worst” trope.


The true hero in The Revenant. “Sunday night, as he was accepting the Golden Globe for Best Director for The Revenant, Alejandro González Iñárritu said something interesting, something you don’t often hear in these sorts of speeches: ‘I want to thank first the hero of this film, which is Arnon Milchan, the financier and producer, who believe in this film, bravely didn’t flinch one second when we struggle with tough decisions to make,’” says Vulture. In case you missed it, The Revenant’soriginal budget was $95 million. By the end of shooting, the movie cost $165 million — $70 million over budget. Clearly, Arnon Milchan is the true hero of this movie, but what’s more fascinating his story. Meet the billionaire film mogul and former Israeli spy who paid for The Revenant.


The Truth About Profits in the Music-Streaming Business

“Deezer generated just $155 million in revenue in 2014. Pandora generated $1.1 billion in 2014 and 2015. Finally, Spotify earned $1.3 billion in revenue in 2014. Interestingly enough, despite the fact that YouTube made more than triple the revenue of all three of the aforementioned streaming services combined, all four of the companies have one thing in common…” Find out here.

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