Step 3: Prep headphones
Next, strip the wires. You may notice some fiber-like material interlaced with the leads themselves. Strip this stuff out with your utility knife or you will not be able to get a solid connection from your headphones to the speaker (thanks to Richard at my local Radio Shack on that one). Alternatively, you can use a soldering iron to burn this stuff away. I found this method much easier and a bit more effective.