America Freezes Over, Howard Schultz Fails the 'Cereal Test' and Venmo Is the New Wedding Gift (60-Second Video) Here are three things entrepreneurs should know today.

By Patrick Carone Jan 31, 2019

Share

The polar vortex has turned swathes of the country colder than Antarctica, paralyzing cities and leading to at least a dozen deaths. Always frigid Chicago is expected to match its 1985 record low of a bone-chilling -27°F.
Former Starbucks CEO Howard Schultz, who is considering running for president in 2020, failed the infamous "cereal test" on MSNBC's Morning Joe yesterday when he revealed he didn't know the price of a box of Cheerios. When told that is costs $4, Schultz looked surprised and said, "That's a lot."
Here comes the cash? The New York Post reports that millennial newlyweds increasingly want guests to Venmo them cash as wedding gifts, since everyone their age uses the mobile payment app. What, no one wants a stand mixer anyone?

Watch the previous 3 Things video: Facebook Pays to Track People, Cryptocurrency Scams Cost Users $1.7 Billion and Elon Musk's Jet Travel (60-Second Video)

Patrick Carone

Entrepreneur Staff

Special Projects Director

Patrick Carone covers all aspects of entrepreneurship, specializing in the automotive, entertainment, hospitality, spirits and cannabis industries.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Entrepreneur Exclusives

3 Simple Ways to Boost E-Commerce Sales

Discover best practices for optimizing your website's user experience and SEO to grow your sales.

Why Your First 1,000 Customers Are Your Most Important

How do you take a product to market? Watch as VC Jesse Draper coaches a first-time founder, and explains how to do digital marketing on the cheap.

How to Grow Your Business By Finding New Customers

If you want to attract new customers, you can't just market to them. You need to start a conversation with them.

3 Stress-Busting Relaxation Exercises You Can Do Anywhere (60-Second Video)

Try the "4-7-8" method, a tense-and-release exercise or simply practicing gratitude.

Editor's Pick

This Former Tesla Employee Started a Side Hustle to Save Gen Z Time — Now It's Raised Over $40 Million From the CEOs of Salesforce, Uber and More
20 Things Emotionally Intelligent People Don't Say
A CEO Who Runs a Fully Remote Company Has an Unusual Take on Employees Starting Side Hustles: 'We Have to Be Honest With Ourselves'
How an Idea and a Facebook Post Led to a $49 Million Tiny Home Business
I Thought I Was Resilient, Until a Devastating Loss Showed Me Resilience Is Not Something You Just 'Have'
Bill Gates Recommends These Books for Your Summer Reading List

Most Popular

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

By Sherin Shibu

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

By Amanda Breen

Business News

Amazon Has a Blank Book Problem: Buyers Report Receiving Fakes of Bestselling UFO Book

The book looked fine on the outside, but the inside was out-of-this-world.

By Sherin Shibu

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Marketing

6 SEO Tips to Help You Rank in the New Era of Quality Content

What is the best SEO strategy after Google's March 2024 core update? Here's what you need to know.

By Nick Zviadadze

Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.