Showcasing some of my favourite weekly reads and articles on startups, business, and the world. Bumping these posts up to Thursday.
Katrina Onstad is the author of The Weekend Effect, a book that studies how people can maximize their weekends in the face of today's live-to-work society. She's found four components of A Really Good Weekend that leave you fulfilled and ready for Monday: socializing, pursuing your hobbies, bouts of altruism, and the idea of play. (via Quartz)
Are we being pressured to tip better and better these days? A decade ago, a 10% tip would be acceptable. Nowadays, 15% is considered the minimum, and credit card machines usually offer that as the lowest option, denying you the chance of tipping anything lower than that. Rather than being a reflection of a server's quality of service, Vice reports that tipping has become more of an obligation in our current culture.
“Technically it is supposed to be optional, but now you have your server staring at you when you punch in your tip percentage in the debit machine. You feel bad and guilty if you do not give a big tip.”
Thank you to Flo for showing me this! (Article by Vanmala Subramaniam)
Australian millionaire Tim Gurner believes there's only one thing stopping us millennials from home ownership, and that's spending our paychecks on avocado toast instead saving up for a down payment. Inspired by his recent comments, enter the latest sales promotion by SoFi, a personal finance company: free avocado toast for a MONTH if you purchase a home with a SoFi mortgage.
How great is this deal? By gut instinct alone, a free month's worth of toast doesn't sound much compared to a home. With the average 20% down payment in Vancouver being $87,103, that would be the equivalent of buying over 12,444 avocado toasts at a price of $7 - enough for one toast every day for 34.1 years. Toast doesn't seem to be the real problem here - high real estate costs and stagnant wage growth may be better suspects for why only 34% of Canadian millennials own a home.
Another thought... instead of buying avocado toast, why not sell it or make it at home? (via Time by Jennifer Calfas)
7/17/2017 Update: The average Vancouver home is now $998,700, making the required down payment $199,740. You're gonna have to give up 28,535 slices of avocado toast for a home here - one slice every day for 78.2 years. Tough task, but compromises have to be made if you want to live in Van...
Besides being one of the few who can handsomely pull off a mustache, Rand Fishkin is the founder of Moz, a Seattle-based software company that specializes in digital marketing analytics for companies. His entrepreneurial story began in 2004; while it's not an article, it's a great personal account of his journey from having $500,000 in personal debt to $40 million in annual company revenue, all in the span of seven years. The burgers in the video look delicious too. (via Entrepreneur by Business & Burgers)
With today's advances in technology, here are four startups that combine music and science to leverage the healing power of music:
- MedRhythms, a Boston startup that focuses on neurologic music therapy - how music affects the brain on aspects like language and memory.
- The Sync Project, a music engine that curates playlists for exercise, sleeping and other activities backed by biometric data.
- BioBeats, an artificial intelligence company that creates apps to manage your wellbeing. Its app Hear and Now can read your heart rate if you put your finger on your phone’s camera flash!
- Tinnitracks, a European-based app that filters the music on your phone to treat tinnitus.
“As varied as these startups are, all of them take a very careful approach to dispensing music as medicine, creating products steeped in science. Together they’re working to make music part of our health and wellbeing at a cost that everyone can afford, for everyone to enjoy.”
The stories and videos in this longread are powerful and fascinating - check them out! (via Pitchfork by Marisa Aveling)