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5 Things You Need to Know Today

A roundup of the day's news--curated by the Inc. editorial team--to help you and your business succeed.

1. Pitching Formula

Do you really know how to pitch investors successfully? Hunter Walk, the co-founder of venture capital firm Homebrew, says you need to walk investors through three phases of commitment: Convince them your startup is in a solid market, that now is the opportune time for disruption, and your founders are the right team for the job. Easy, right?

2. Twitter's Profile Makeovers

The new Twitter profiles have arrived--and boy, do they look like Pinterest. Will the new look attract users? It's hard to tell now, but one thing's for sure: You'll love the ability to pin a tweet to your profile page.--Mashable

3. Wage Debate

The debate over whether to increase the minimum wage is unlikely to abate anytime soon. But the flip side--imposing a maximum wage--is far less discussed. Most CEOs probably won't like the idea, but there is some evidence to suggest that capping top salaries at a set multiple of the minimum hourly rate could go a long way to rectifying the country's growing income inequality.--The Week

4. Speaking of Salaries...

How much more money do you make than your employees? Bet it isn't close to this: According to a new report, the CEOs of the country's top fast food chains make 1,200 times more money than their front-line workers.--Mashable

5. Late Risers

The city that never sleeps affords its workers the most time to sleep in, as New York's median work arrival time is 8:24 am--about half an hour later than the U.S. median. You can see where your city ranks by looking at this recent analysis of Census data by data journalist Nate Silver.--Five thirty eight



Last updated: Apr 23, 2014

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