The day of the gold watch after time served with a single company is long gone and the project-by-project employment model has now been the norm for much of America for years, so why do we in broadcast and marketing so lament moving on to the next project? Maybe because we feel that all of the time and effort we put into the medium itself has somehow been wasted? Traditional media’s mutation to both new and emerging media platforms is necessary and natural, although challenging to each of us and to our individual skill sets.
Radio, from programming to sales, has always been an intensely personal medium for the producer as well as the consumer, so it stands to reason we all take any change very personally. Any good sales person has cultivated deep relationships with their clients and has thereby lived the ups and downs of each client’s business cycles and strategic decisions, good or bad for years. Sales people feel just as much loss from those relationships being severed as an on-air personality no longer being able to share in the daily life of each listener.
We are all being forced into making deeper decisions on our own path to success and relying less on any one company’s employment.
So lets try to separate ourselves from the emotion of the moment, and look at the bigger picture of starting our own business. Of course, this process begins with building a business plan for you own new company.
(From the myownbusiness.org site)
Does Your Plan Include the Following Necessary Factors:
* A sound business concept
* Understanding your market
* Healthy, growing and stable industry
* Capable management
* Able financial control
* Consistent business focus
* Mindset to anticipate change
* Plans for online business
We all need to be able to do our market research and build a model that will be in demand not just today, but into the future far enough for us to develop the skills and gather the capitol we’ll need for the next business cycle and then the process begins anew.
Now is the time for all of us to embrace our newfound independence and do everything possible to control our own destiny and no longer be working at the whim of some investment company and their momentary valuation of our worth to their strategic market play (most of those models crashed and took billions of investor’s capital with them).
Since deregulation began with the subsequent “right sizing” of some of the most creative minds in broadcast, we should do as many of them have and go about creating and building the next platform for the delivery of entertainment. As the number crunchers in San Antonio are literally executing their vision of corporate value for the next five minutes, so should we develop our own individual plan for the next several years and begin it’s implementation about right NOW! Research thoroughly, plan well, work hard and just as you always have, do it BIG! Let’s get started! - Garry Leigh Snafu Consulting
Posts Tagged ‘passion’
Welcome To Self-Employment And It’s All Good!
In Media, Radio, marketing on January 19, 2009 at 8:51 pmWhy Are We Here?
In Media, Radio on October 9, 2008 at 1:56 pmNo, I mean here, not Here.
When we all started out in Radio or Records, I don’t believe any of us saw ourselves in the positions we currently hold or certainly not doing the things we do every day. How did we get here? Did we aspire to do nine jobs simultaneously, often with diametrically opposed philosophies that tap into our areas of weakness as well as our strengths? Did we see the need to spend a great deal of time trying to work on weaknesses which are there precisely because they are areas in which we have absolutely no interest or passion? I don’t want to be an accountant and worry about all those little categories you people create for the money that we are spending. I want to be an artist and create a real communication of passion in areas of man’s greatness, not crunch numbers for some Vice President of Numbers Games dealing with Wharton people all day. We were born to break rules, or at least stretch them as far as they would stretch, and now we are required to not only write the rules but then enforce them upon the people we used to be. What the hell?
“The purpose of life is to fight maturity.” – Dick Werthimer
Hmmmm. Do you think Dick went to Wharton? No, my bet is he played guitar way too loud and way too late with way too many friends around.
In small business I totally understand the need to accomplish tasks not of our liking because that’s the nature of small business. We hire contractors to do the things we can’t or don’t want to do and focus on the things that put us in the position to open a business in the first place. Right? So what’s the deal with BIG business and the BIG picture people making us all move to the left brain when we are demonstrably good working from the right side? STOP IT!
Today, let’s try harder to draw on people’s strengths and support them in every way we can to further develop those strengths. Go with people who are passionate in their area of expertise and make it safe for them to go there while respecting the same of those around them.
I have always loved management retreats precisely because each of us on the team had very different strengths and we could get away and learn about each other’s passions and then try to do a better job of drawing on them in the future. That’s part of what makes a good team better and in simplest terms why some companies have great leaders and why some never rise above good.
Take the team out and encourage them to express why they are passionate about their department and where they would take it if they could. My bet is you’ll see the rest of the team pitch in and cover their weaknesses so they can each better utilize those individual strengths and focus more on Why We Are Here!
Garry Leigh
Who Cares
In 1, Media, Radio on May 2, 2008 at 3:56 pmOur radio industry seems to have had the passion squeezed completely out of it as the commercial investment companies have squeezed into it. Why did the investors show up in the first place? Because the product people had created such compelling entertainment that our margins were topping 50 and 60 percent. So who wouldn’t want into that kind of business plan and then want to squeeze a few more percent out? In the process they squeezed most of the product people out and with them went the those most passionate about the product and left a lot of great sales people with nothing very creative to sell. That leaves the investors holding a rather smelly bag and resultant ratings have been nothing to write home about as our stations have become a pasteurized homogenous tangible dated product.
Ownership and investors need to do a deep gut check on the product side, much as CBS has, and get some passion back into the equation. Let’s get the hallways humming again and try some new concepts. Yes, many will fail and that will lead to many more successes. Entertainment is a continuously evolving process and every day is a new one. Maybe this blog post from Mediapost today will add a little inspiration. Garry Leigh at Snafu Consulting
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Friday, May 2, 2008
Why Passion Matters By Max Kalehoff In a hyper-competitive market, competence is expected and only flawless execution is tolerable. But that’s no longer enough. Today, the ultimate competitive advantage is passion.When passion lets loose, you drive focus, cultivate mastery, leverage spontaneity, foster creativity, build intuition and live toward mission. The dots connect. Clarity emerges. Your own bar of excellence sets higher, and you become infatuated with exceeding it. The result is accelerated and extended value creation that otherwise would never have been possible. Think of the places in your business where the presence of passion really matters — making you stand out beyond the rest, or sink into mediocrity. It’s about approaching things with the utmost thought and care, versus doing anything less. In my experience, there are a few places in business especially sensitive to passion:
It’s probably because passion is not something that can be bought, outsourced or faked. Rather, the presence of passion has more to do with an authentic and fierce desire for your product to really change the game. Of course, it also has a huge amount to do with the CEO and leadership. It has to do with hiring and grooming an employee base that is culturally aligned and motivated with a real stake in the outcome. Same for investors, advisors, customers and partners. Who’s doing it right? We can all name some of the mega-brands that veer toward passion, like Apple, Google and JetBlue. But passion is equally important in smaller businesses, and perhaps more attainable and prevalent. In my life, some examples include instant-messaging aggregator Meebo and microblog platform Twitter. On a micro scale, there’s my barber Alberto at Astor Hair, the many local farmers at New York’s Green Markets, the Little Mexican Café near my home and, of course, my son’s nanny, Aliana. Does your business and product embody passion? If not, it’s probably at risk of being displaced by one that does. |
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Millie Olson