Quote of the Day
The world wants you to be a faceless, replaceable cog in the vast machinery of production–but if you choose, and you work at it, you can become the sort of person we really need, an indispensable linchpin, a person who matters. The marketplace needs and embraces artists, creatives, initiators, challengers and movers. You have that skill, the challenge is unearthing it. - Seth Godin
Comments (0)Jobs, Jobs, Jobs and Steve Jobs
Filed Under: Essays
Tags: Apple, Media, Media Training, News
Originally, President Barrack Obama was going to give his State of the Union Address on Tuesday, January 26. But then someone in the White House realized that the address would preempt the season premier of “Lost” on ABC, so the SOU was moved to Wednesday, January 27. The focus of of the address was jobs. But exactly eight hours earlier, another Jobs presentation — this one by Apple, Inc.’s Steve Jobs — made big headlines and prompted the online magazine Slate to point out that with technology overtaking politics as an agent of social change, the president’s jobs speech might be overwhelmed by the Jobs (Steve) appearance.
The Jobs vs. Obama column was written before either man spoke. And it highlights a key point for me as a media trainer and consultant: Apple had generated nearly as much advance publicity for Jobs’ introduction of the new iPad by doing and saying nothing more than, “We’re going to be having an important announcement, we hope you’ll cover it” as the White House generated by selectively leaking elements of the State of the Union for the better part of a week.
It is counter-intuitive — and flies in the face of what I normally counsel clients — to generate publicity by shunning publicity. But in Apple’s case, it works. With iPad, it worked with amazing success.
A quick search in Google News immediately before Jobs introduced the iPad revealed hundreds of articles, hyping the new tablet computer and building expectations with a brio that would embarrass a Hollywood press agent. These pieces were, without exception, written by journalists and bloggers who not only had never gotten their hands on the gadget, but who could not be 100 percent sure it even existed. Articles predicted that the forthcoming Apple tablet was going to save print journalism from the fate of the dinosaurs, reinvent book and magazine reading, revolutionize electronic games, and dwarf the iPhone in lifestyle impact. I sampled about a dozen articles while waiting for the live blogging from Jobs’ announcement and 99 percent of them were rave previews of a totally unknown object. The one percenters tended to write comments along the lines of: “There is no market for tablet computers” (because previously tablets had failed); “The Apple tablet will be too expensive.” (The generally accepted price dredged from the swamp of ignorance was a thousand bucks.), and “Apple is due for a flop.” (These journalists would be well advised to steer clear of Las Vegas’ gaming tables.)
A search of the New York Times website yielded half a dozen articles in just the week leading up to the Jobs announcement — clearly all of them written without any input from Apple spokespersons or from the New York Times digital folks who were cooperating with Apple on creating content for the iPad. (Jobs presentation featured a view of a New York Times front page on the iPad with photo slide shows, moving video on some stories and fonts that could be enlarged with the flick of a finger.)
What lesson can we learn from the free buzz Apple was able to generate? Avoid the media and they’ll write stories about you anyway? No. That tactic works only for the likes of Steve Jobs and Apple, Inc. Why? Three reasons:
1. Apple’s track record. Although the company has had false starts since Jobs returned to the helm in 1997 (Apple TV, Mac Mini), by and large the product line has been game-changing with iPod, iMac, MacBook, iPhone and iPod Touch. So the media’s expectations are always great when Apple announces not a new product but the fact that it is GOING to announce a new product.
2. Apple’s secrecy. The company’s passion for privacy and information control reminds me of nothing so much as North Korea. Case in point: the stonewalling that surrounded Jobs’ very serious illnesses which culminated in a liver transplant last year. Apple’s clandestine ways are an irresistible lure for media types who love to speculate.
3. Steve Jobs’ charisma. The media love celebrities and Jobs is one of the handful of business celebrities in the world today.
What works for Apple won’t work for the rest of us. We have to work to get in the media. We have to go out and seek attention; we can’t gain it by hiding under a rock. We have to drop hints, give out advance samples, supply facts and court journalists. Remember, even the President leaked the substance of his State of the Union address before he made his speech.
Oh, and by the way, the iPad, despite a name which some observers feel begs comparison with a feminine hygiene products, appears to be that game-changer that the speculators thought could help (if not save) print journalism, alter the way we read books and revolutionize electronic gaming. The early media speculators missed two very important points: business capabilities and price. None of the advance stories I read noted the tablet would offer three $10 software programs that enable a business user to write documents and spreadsheets and to create and display Apple’s Keynote slide shows (think PowerPoint on steroids). This gives what otherwise would be a personal leisure device — a turbo-charged book reader and media player — appeal to the business buyer and widens the possible customer base. (As does the optional keyboard dock which will appeal to those who can’t imagine writing anything serious on a touch screen.) As to cost, the predictions of an $800 to $1,000 price tag were off by a significant margin. Base price for the iPad is $500 and the device can go up to $800, depending on flash drive storage capacity and connectivity options.
One final note: Jobs looked as thin as he had when he returned to the company after his liver transplant surgery, but he was energetic and his voice was vigorous. Is he okay? Don’t expect to get any accurate information about his condition from Apple; that’s just not the way they do business in Cupertino.
Comments (0)The Best Revenge: Make More Money
Filed Under: Founder's Forum
Tags: Entrepreneurs, Government, Money, Taxes
American entrepreneurs really are a whole different breed. They don’t expect anyone to give them a break or a pat on the butt. They get their satisfaction from scoring, not praise. They take pride in doing something better than mankind ever did it before, not just their competitors. They pay their taxes to the local, state and federal governments without resentment, and then they pay for useless but mandatory insurance of all different varieties, interest on borrowed capital necessary to grow and merchant charges for credit card sales that scoop off a clean 2 – 4 percent right from the point of sale. For the credit card companies this is like a private tax that they get first, at the time of the sale, before anyone else gets a chance to cannibalize the entrepreneur’s “gross sales”.
Question: How many congressional Representatives and Senators can you buy with 2% of America’s retail gross sales? Answer: Just about all of them. Credit card companies ARE the BANKS. If you think banks make money lending money you are falling for the image of them THEY want you to have. Banks lend money, sure they do but it’s the credit card income that keeps them floating in a sea of money coming in everyday – NOT the interest they earn off your line of credit or your mortgage. They can shut down those sources of income instantly and still make gigantic profits. It USED to be that banks made money serving your capital needs, but times have changed.
So when the banks caved in to the federal government and made real estate loans that went sour because they never should have been approved in the first place, they didn’t need to go begging to Congress for a handout, because they’d already bought the Congressional Representatives and Senators they needed to patch things up with special legislation for them and billions of dollars of quick money to solve the problem. That’s how the biggest bailout in the history of man happened, which became a stimulus package so gargantuan that it staggered everyone in the world who read about it, and numbed even those Americans who repeated the words, “785 Billion” as though it was just another big number. But the money’s gone now, with no apparent impact on the economy as seen by the American entrepreneur, the progenitor of global prosperity.
American entrepreneurs brush it off, but now with a great deal of resentment. What will their strategy be for 2010 and beyond assuming the federal government aims to feed off them and piles on the fees and taxes and increased costs of staying in business? Will they organize politically? Will they re-organize their companies to be more efficient? Will they sharpen their focus on ROI? Or all of the above? I believe they’ll figure out how to make more money, pour themselves a scotch at 5 p.m. as usual and reinvent the world economy again.
Comments (0)Certificate of Good Standing Now Available On Delawareinc.com
Filed Under: HBS Announcements
Tags: Certificate of Good Standing
You asked and we listened!
Harvard Business Services, Inc. has now added the ability to order a Certificate of Good standing with or without Apostille on our website! The new interface allows clients to place the order online without the hassle of having to call. There are different levels of service that we offer ranging from a 2 hour – 48 hour time frame for the retrieval of the document.
Some of the reasons clients may need a Good Standing:
Opening bank account
Applying for a loan or line of credit
Starting a new business relationship with another company
Qualifying as a foreign entity in another state
To order the Certificate of Good standing go to https://www.delawareinc.com/gstanding/
**In order to receive the Good standing the entity must be current with all annual fees.**
Comments (0)Hail to the King
“The Customer is King”, this quote is listed from an “unknown” source – meaning that we can’t offer proper credit to any one individual for this timeless description. However, we can probably assume that they were a business person who truly had a realistic grasp on how to achieve success.
“Do what you do so well that they will want to see it again and bring their friends.” Walt Disney is credited for this quote. I think it is safe to say that he was keenly aware of the importance of creating and maintaining customer and brand loyalty. The success of the Disney Corporation is nothing short of phenomenal. People visit their parks, view their films and buy their brands consistently – time and time again! Another business icon – Sam Walton, founder of Walmart, Inc., offered this quote concerning customer service “The goal as a company is to have customer service that is not just the best, but legendary.” There is probably a Walmart within several miles of most of us. Mr. Disney and Mr. Walton achieved success by exemplifying the quote from the unknown source. In essence – treat your customers like royalty and they will be loyal.
Obviously the first step toward such success is recognizing who your customers are and performing at a level of excellence that will bring them back to your products and services. True brand and customer loyalty is what separates successful companies like Disney and Walmart from the legions who compete with them. The best way to test your customer service and your client’s loyalty is by examining repeat buying patterns. Given the two examples offered – we can say that most of us have been to a Disney movie or park more than once and most of us visit our local Walmart on a very regular basis. The point is that by rewarding your patrons with excellent service and products – you will retain them and they will recommend you to others.
The purpose of my blog is not to review these success stories – but to offer praise and appreciation to the thousands of repeat clients who patronize Harvard Business Services, Inc. and who refer others to our services. As we begin this new decade – we want to say “Thank You!” to all of you. Our statistics show that repeat clients accounted for more than fifty percent of our business in 2009! Stop and consider that one out of every two clients who used our services either came back and used them again or referred another client to us. That says a lot about our fine family of patrons – they are loyal and they deserve the “royal” treatment. It also says a lot about our company and the level attentiveness paid to each of the “kings” that we serve. A thank you must also be offered to everyone at Harvard Business Services, Inc. who apply customer service at such a high level and inspire such a following. Being a sales executive; I often think of another quote “Nothing happens until someone sells something.”
Although this may give some undue credit for customer satisfaction to a respective sales team or representative – one must also consider the adverse – What if nothing happened after something was sold? Harvard truly exemplifies a team effort when it comes to customer service. Everyone plays a very important role and deserves ample credit. The excellence achieved by all demonstrates our royal approach to our service. Again – to all of our fine patrons we offer thanks and we look forward to serving all of you in the coming years!
In closing – I will offer one more timeless quote which was also offered by another Unknown source – “If we don’t take care of our customers, someone else will.”
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