Fun Fact of the Day: iPhone X Set to Launch in November 2017

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Fun fact of the day:

The *NEW* iPhone X will be available for pre-order on Oct. 27 and will ship on Nov. 3. The price is only $999.

It no longer has a home button and instead has a dedicated Siri button on the right side. On the top of the phone there is an IR camera, which allows the phone to recognize your face completely in the dark.

The screen resolution is OLED (Organic Light-Emitting Diode), the nicest screen to be put on an apple product to date. The phone can be emerged in 3 ft of water for 30 minutes. Don’t try and do 31 minutes…might not be a good outcome.

Instead of one swipe to get to your notifications, now if you swipe down from the top-left, you get notifications, and down from the top-right, you get the control center.

Will you buy this new phone in November?

Fun Fact of the Day: Knopf Name CFO of Kraft Heinz Co

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Fun fact of the day: The Kraft Heinz Co. is a $100B market cap co. that generates more than $26B in annual revenue by selling iconic brands like Heinz Ketchup, Velveeta Cheese and Kraft Macaroni. Starting in Oct, Kraft Heinz’s finances will be overseen by a 29-year-old.
The company announced on Friday that David Knopf will be the new CFO of Kraft Heinz. Knopf has been working since 2015 at Kraft Heinz, where his responsibilities included overseeing the Planters Nuts brand and heading global budget and business planning, as well as zero-based budgeting and financial strategic planning as a VP.
What are your thoughts on age vs tenure?

Fun Fact of the Day: Bahama Bucks

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Fun fact of the day: Bahama Buck’s is a privately held franchise specializing in shaved ice and other frozen non-alcoholic beverages. The company is headquartered in Lubbock, Texas. It was founded in 1990 by the current president and brand owner, Blake Buchanan.

He started with 1 ice shaver and the hope of a college job that didn’t involve mowing grass or flipping burgers. Constructing the original store by hand, he enlisted volunteer help from 3 generations of his family, staffed it with friends and college students, and opened the doors.

The tropical sensation caught on, and with the help of his wife, Kippi (cool name!), and his friend, Eric Lee (now CFO), the summer job turned into a full-time vocation.

As of March 2017, Bahama Buck’s operates 100 stores (located in California, Arizona, Nevada, Utah, New Mexico, Texas, Alabama, Georgia, Florida, Missouri, Oklahoma, and Puerto Rico) with over 100 additional stores in the works. Except for stores operated by Buchanan all stores are franchised.

Have you ever been? :)

Citibank Mastercard Double Your Cash- THE BEST

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Fun fact of the day: I usually do not post “opinions,” but let’s try this out. Citigroup has a Mastercard (generally accepted everywhere) credit card titled Double Cash. If you do not use a points card, I HIGHLY recommend this cash card. Individuals earn 1% as they spend, and another 1% as they pay.

Like all other credit cards, it allows users to send text alerts when the card racks up so many dollars (reaches a sum threshold), or when a specific purchase is over a certain threshold (i.e., > $100…or if you are that big spender, always call me before you go shopping, and set your notification limit to $1,000).

The threat detection program works great. I just received a text asking me if I had made a purchase in Austin, TX, to which I called and had my card cancelled straight away (yes, Irish people use this expression) and a new card sent my way.

One of the unparalleled features is the direct deposit for your rewards. You heard that correctly; this credit card allows you to shove your earnings into that huge bank account you have (checking or savings)! Of course, there is always that 1-2 day delay before it is actually liquid “cash.” Another note is that the rewards amount has to reach a total of $25 BEFORE you can redeem any dollar amount. Other options include a check being sent to your residence, a gift card, or a statement credit (which I personally do most often).

One last alteration is the number is on the back (allowing for easier readability and security).

Any questions, let me know!

39 Of The Most Interesting Facts About Generation Z

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The following are facts about Generation Z:

Generation Z  represents 23 million Americans  born between 1994 and 2010. While they haven’t entered the workplace yet, they have a different set of values and beliefs than their predecessors. They were born during the financial meltdown and don’t know a world without the Internet. They will become the most entrepreneurial, conservative, diverse and educated generation in the world. Here is a collection of all research I’ve collected on Gen Z, with more to come soon. They will help you understand what they value, as well as how to hire and sell to them.

Gen Z and the economy

  • Gen Z receive $16.90 per week in allowance or $44 billion a year total. [Mintel]
  • 58% of Gen Z’s are either somewhat or very worried about the future. [JWT]
  • They have a combined buying power of $43 billion and influence an additional $600 billion of family spending. [Chamber of Commerce]

Gen Z values

  • 77% of Gen Z’s are either extremely or very interested in volunteering to gain work experience. [Millennial Branding / Internships.com]
  • 26% are currently volunteering. [Intern Sushi / CAA]
  • 76% are concerned about man’s impact on the planet. [JWT]
  • 79% of display symptoms of emotional distress when kept away from their personal electronic devices. [University of Maryland]
  • 90% would be upset if they had to give up their Internet connection while only 51% would give up eating out and 56% would give up downloading music. [JWT]
  • 84% multitask with an Internet-connected device while watching TV. [Forrester Research]
  • They have more than 10 apps on their smartphone with 10% having more than 40. [Visa]

Gen Z’s as employees

  •  60% want to have an impact on the world with their jobs (compared to 39% of millennials). [Intern Sushi / CAA]

Gen Z students

  • 55% of Gen Z students say that their parents are putting pressure on them to gain professional experience during high school. [Millennial Branding / Internships.com]
  • Nearly 50% of Gen Z students are participating in internships for the purpose of advancing themselves professionally in high school. [Millennial Branding / Internships.com]
  • 64% of Gen Z consider earning an advanced degree as one of their life goals. [Intern Sushi / CAA]
  • 80% of Gen Z’s think they are more driven than their peers. [Intern Sushi / CAA]
  • 50% of Gen Z’s will be unviersity educated compared to 33% of millennials and 25% of Gen X. [JWT]
  • 85% research online and 33% watch lessons online to educate themselves. [JWT]
  • 52% use YouTube or other social media sites for a typical school research assignment. [Pew Research]
  • 60% of Gen Zers say they like to share their knowledge with others online, a sign of collaborative skills. [Wikia]
  • 64% say they contribute to Websites because they like learning about new things. [Wikia]
  • 76% feel that their online experiences will help them reach their goals. [Wikia]
  • 66% say that technology makes them feel that anything is possible. [Wikia]

Gen Z’s as entrepreneurs

Gen Z’s as consumers

  • 55% of Gen Z would rather buy clothes online and 53% would rather buy books and electronics online. [JWT]
  • 64% are more likely than other generations to trust somewhat or completely the content on mobile apps from brands, as well as text messages from brands. [Grail Research]
  • 90% will make sure their parents feel a planned purchase is affordable before going ahead with it. [JWT]
  • 43% said their family influences their purchasing decisions the most followed by friends (35%), friends of friends (23%) and celebrities (10%). [JWT]
  • 64% said their parents pay for them with their credit/debit card. [JWT]
  • 22% of surveyed Gen-Z consumers say they trust somewhat or trust completely posts by companies or brands on social networking sites. [Forrester Research]
  • More than 50% identify themselves as deal hunters. [Cassandra Report]
  • 57%  research products more than they used to before making a purchase. [Cassandra Report]
  • Their favorite items to spend money on are food and drink (36%), going out with friends (32%) and clothes (18%). [Visa]

Gen Z as investors

  • 57% would rather save money than spend it. [The Intelligence Group]
  • 76% spend money on themselves, while 62% save it, 38% spend it on things for friends and family and 10% give it to charity. [JWT]
  • Their top financial goals are buying a car (33%), paying for education (23%) and buying a house (20%). [Visa]

http://danschawbel.com/blog/39-of-the-most-interesting-facts-about-generation-z/

 

74 Of The Most Interesting Facts About The Millennial Generation

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Below is a list of facts about Generation Y:

Millennials and the economy

Millennial values

  • 81% have donated money, goods or services. [Walden University and Harris Interactive]
  • 75% see themselves as authentic and are not willing to compromise their family and personal values. [Bentley University’s Center For Women And Business]
  • On track to become the most educated generation in American history. [Pew Research]
  • 61% of millennials are worried about the state of the world and feel personally responsible to make a difference. [Huffington Post]
  • 65% of Millennials say losing their phone or computer would have a greater negative impact on their daily routine than losing their car. [Zipcar]
  • 44% of Millennials say that marriage is becoming obsolete, compared to 35% of Boomers who feel the same way. [Pew Researh]
  • 39% of Millennials have a tattoo. [Pew Research]
  • 33% of Millennials live in cities and 14% live in rural environments. [Pew Research]
  • More tolerant of races and groups than older generations (47% vs. 19%), with 45% agreeing with preferential treatment to improve the position of minorities. [US Chamber of Commerce]

Millennials as employees

  • By next year, millennials will account for 36% of the U.S. workforce and by 2025, they will account for 75% of the global workplace. [U.S. Bureau of Labor Statistics / The Business and Professional Women’s Foundation]
  • 41% of millennials do what their managers tell them to do, which is greater than older generations. [Strategy+Business]
  • 84% say that helping to make a positive difference in the world is more important than professional recognition. [Bentley University’s Center For Women And Business]
  • Millennials say they do not deserve special treatment and are equally as committed as non-Millennials. [PwC]
  • 92% believe that business success should be measured by more than profit. [Deloitte]
  • Millennial employees have about the same level of organizational commitment as boomers and Gen Xers. [Strategy+Business]
  • 40% of Millennials think that blogging about workplace issues is acceptable. Compared to 28% of Boomers. [Iconoculture]
  • 29% of Millennial workers think work meetings to decide on a course of action are very efficient. Compared to 45% of Boomers [Iconoculture 2011]
  • 80% of Gen Y said they prefer on-the-spot recognition over formal reviews, and feel that this is imperative for their growth and understanding of a job. [Achievers and Experience Inc.]
  • 70% have “friended” their managers and/or co-workers on Facebook. [Cisco]
  • 71% don’t always obey social media policie at work. [Cisco]
  • Connected to an average of 16 co-workers on Facebook [Millennial Branding / Identified.com]
  • It costs an average of $24,000 to replace each Gen Y employee. [Millennial Branding / Beyond.com]
  • 15% of Gen Y’s are already managers. [Millennial Branding / PayScale]
  • 56% of Gen Y’s won’t work at a company if they ban social media access. [Cisco]
  • 69% believe office attendance is unecessary on a regular basis. [Cisco]
  • Average tenure for Gen Y is 2 years (5 for Gen X and 7 for Baby Boomers). [Millennial Branding / PayScale]

Millennials as entrepreneurs

Millennials as consumers

  • By 2015, their annual spending is expected to be $2.45 trillion and by 2018, they will exclipse boomers in spending power at $3.39 trillion. [Oracle]
  • 63% stay updated on brands through social networks. [Ipsos]
  • 46% count on social media when buying online, but 55% of Gen Y share bad experiences. [YouGov]
  • 41% of millennials have no landline at home and rely on their cellphones for communication. [Pew Social Trends]
  • 48% of Millennials who say word-of-mouth influences their product purchases more than TV ads. Only 17% said a TV ad prompted them to buy. [Intrepid]
  • 41% of Millennials have made a purchase using their smartphone. [Edelman Digital]
  • 32% of Millennials say they don’t like advertising in general, compared to 37% of the general population. [Experian Simmon]
  • 43% have liked more than 20 brands on Facebook. [Mr. Youth]
  • 77% participate in loyalty reward programs. [Aimia]
  • 44% are willing to promote products or services through social media in exchange for rewards. [Aimia]
  • More engaged in activies like rating products and services than older generations (60% vs 46%). [BCG]
  • 84% report that user generated content on company websites at least somewhat influences what they buy [Bazaarvoice]

Millennials as investors

  • 46% count on social media when buying online, but 55% of Gen Y share bad experiences. [YouGov
  • 43% of millennial respondents described themselves as “conservative” investor. [Accenture]
  • Gen Y is nearly 10% of all affluent investors in the U.S. [Cogent Research]
  • 84% of Gen Y are seeking advice about finance. [Merrill Lynch]
  • 57% will change financial advisors for a tech setting. [WealthManagement.com]
  • 61% want video meetings with advisors. [WealthManagement.com]

Millennials in politics

  • They elected our president – 60% voted for Obama in 2012, 66% in 2008 [Pew Research / Huffington Post]
  • Millennials will be 40% of the electorate by 2020. [The Center for American Progress]
  • 41% satisfied with the way things are going in the country. [Pew Research]
  • In 2008, 48 million millennials (those born between 1978 and 2000) were eligible to vote, and 25 million actually did. [The Atlantic]
  • Younger Americans are most progressive (56.6) on cultural and social values and the least progressive on economic and domestic policy (53.1). [American Progress]
  • 42%  believe that “our current economic problems show what happens when you rely too much on the market and reduce regulations on corporations. [American Progress]
  • 48% believe that their parents most influence their vote (aside from themselves). [Millennial Branding / Internships.com]
  • 58% said they would be following the 2012 election on social networks like Twitter and Facebook. [Millennial Branding / Internships.com]

http://danschawbel.com/blog/74-of-the-most-interesting-facts-about-the-millennial-generation/