Last week Boston University student, Joel Tenenbaum was ordered to pay a total of $675,000 to 4 record labels for illegally downloading and sharing 30 songs. Two years ago a similar case cost Jammie Thomas $222,000 over 24 songs. In April of this year 4 men were convicted by a Swedish court over copyright infringement due to their connection with The Pirate Bay file sharing site. They were also ordered to pay $36 million in damages to several entertainment companies.
Of course each will be replaced by new names in the coming years. The RIAA may have won some battles, but in the long war over DRM they will surely lose as there are laws that will always supersede the laws of the court, namely the laws of reality. DRM is failure.
I have a problem with too much money. I can’t reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer.
ROI, return on investment. The concept is easy to understand. The first time you heard the term you likely nodded your head in agreement in that sort of way that shows you know how obvious ROI is. But how much have you really taken those three letters and made them part of your business? How much has the ROI mindset been ingrained in you to lead to success in both business and life?
By nature I’m a cautious person. I wasn’t raised to do the leap before you look thing and most of my decisions in life are measured responses to the information in front of me. In some ways that’s good as it mitigates risk.
There are many ways to say the same thing, but the words you use make a big difference in the results you get. Here’s a short film that makes the point much better than I could. Enjoy.
The other day a friend and myself were emailing each other and one topic that came up was whether we were morning or night people. His business requires him to get an early start. He works outside and once the sun sets the work day has to come to an end.
I’ve always been much more of a night person and find I get a lot done after most sane people are long asleep. When I thought about it more I realized it was a certain kind of work I get done late at night and wondered if there was a reason why.