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The average American has over ten paid content subscriptions. I suspect the total bill for such variety is at the same level as what basic-cable looked like in the '80s. I wonder if such deep fragmentation will last.
It will only get worse with $SPOT and their exclusive podcast strategy.
I spend around US$200+ a month on content. Mostly books, Audible and paid newsletters, or research services. I do not have a $NFLX account nor any paid streaming service. I am an $AMZN Prime member but have not used the Prime Video app in the last 18 months.
I bought my first modern television in 2020. I have never been a big fan of TV, let alone shows or movies. Given my behavior type, every time I would find a show that I liked, I would stop everything and indulge in binging until I was "done" with it. Not healthy or very productive for my mind.
The average American streams 8 hours of content daily. No wonder this nation is getting obese and making less progress towards a better society. Pretty hard to change the world from your couch.
I much prefer reading books, exercising, golfing or being out with friends. I consume A LOT of Youtube, Audible, and Podcasts. Mainly on the go and in many niche topics that go from Ford Bronco until how to properly clean a freshly caught fish. I love to learn and consider Youtube is the most helpful app on my phone, followed by Twitter.
I was surprised that the average millennial pays for so many subscriptions. If I had to guess, my number would have been 5-7, not 17.
Fascinating to see the amount of time the ubiquity of Bluetooth headsets released in our lives. That is for sure a tailwind.
We are just getting started with this trend. Apple, as always, on the vanguard of it.
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Inner Engineering is a book about finding the perfect alignment with existence, which we all look for as people, founders, and investors.
It's time to earn my success and work harder. Time to get me out of my comfort zone, follow my purpose, and live the dream.
Last week I faced an awkward situation over LinkedIn messages. One person was doing one of the most distasteful things in business etiquette.