
Monday, October 31, 2011

Thursday, November 05, 2009
"The world is all gates, all opportunities, strings of tension waiting to be struck." Ralph Waldo Emerson
"Free gets you to a place where you can ask to get paid." Fred Wilson
"Great opportunities come to all, but many do not know they have met them. The only preparation to take advantage of them is simple fidelity to watch what each day brings." Albert Dunning
Today's image: Queen of the Skies by Tim de Groot. Beautiful. Thank you for sharing.
Bravos: By far the best and brightest writer on the media beat, Robert Feder, returned this week. Thanks to Chicago Public Radio and their vocalo.org venture for making this happen. Must-reading for serious students of media. You may find Robert, here.
Bonus: Tom Webster is writing stuff you should be reading. His latest is a gem. The Least Efficient Post I've Ever Written via Edison Media's The Infinite Dial, here. While reading Tom's piece, Drucker came to mind, to wit: "There is nothing so useless as doing efficiently that which should not be done at all."
As we approach the dawn of our codependent hyper-connectivity several two-word tropes are so white hot that I am - for reasons related to my day job insurance - required to don asbestos gloves before further keystroke is attempted. Here now, two of those...
Live Search
My thanks to Marshall Kirkpatrick, one of the cool kids in residence at Read Write Web, for the tip on this video. Kudos to the leapfish gang, well done. (P.S. I agree with Marshall, should the search thing not work out you should seriously look into producing killer videos)
Friday, October 10, 2008
"Genius is the ability to put into effect what is on your mind." F. Scott Fitzgerald
"Silence remains, inescapably, a form of speech." Susan Sontag
"The ordinary man is involved in action, the hero acts. An immense difference." Henry Miller
Today's image: splash by nikond300. Very cool. Thank you for sharing.
Takes one to know one dept: Robert Feder calls radio legend Dick Biondi sui generis
Interesting conversations this week about the road ahead. Several client CEOs and COOs called to discuss revisiting their 2009 planning and budgets. Each year at this time we are involved in assisting clients with their planning. Concurrently we are deep into the process of developing our annual ad spend forecast. Because our firm also provides representation to talent we enjoy the advantages of a unique "both sides of the table" perspective. Recent events in the financial markets have caused us to rethink even our most conservative assumptions.
This morning, thanks to Fred Wilson, we viewed a slide show created by the folks at Sequoia Capital. On balance, we agree with many of the points made in the presentation and have emailed the slide show to our clients along with our suggestions with regard to next steps. This morning I would like to share selected content from four of the slides in the Sequoia presentation.
Our Take
- Manage what you can control. Spending. Growth assumptions. Earning assumptions.
- Focus on quality
- Lower risk
- Reduce debt
New Realities
- Cuts are a must
- Need to become cash flow positive
- M&As will decrease
- Prices will decrease
- Acquiring entities will favor profitable companies
- IPOs will continue to decrease and will take longer
- Perform situation analysis
- Adapt quickly
- Use a zero-based budgeting approach
- Make cuts
- Review salaries
- Employ a heavily commissioned sales structure
- Bolster balance sheets
- Become cash flow positive as soon as possible
- Spend every dollar as if it were your last
Everything here is my personal pov and does not reflect the views nor the opinions of my employer. This has always been the case. Please use comments when you have a different opinion to share.
RIP: Financial engineering
The days of the financial engineer are, as a practical matter, over and that is a good thing. We are in this mess today no thanks to the leger de main practiced by too many self proclaimed financial engineers.
In my next post I'll share my thoughts on what must be done by media CEOs to prevail in 2009.
Have a great weekend. See you next week in a brand new show.
Tuesday, May 08, 2007

"I do have a great deal of sympathy with the people who run printing presses because I think they're screwed...the people who do news and the people who fact check it have great futures ahead of them." Craig Newmark
My thanks to Staci D. Kramer of paidContent for today's quote. It's from her coverage of the NAA National Convention in New York here.
In Chicago for the Paulie Gallis Music Row Reunion. Our favorite media scribe Robert Feder headlines today's column with the story. Very cool Robert!
Thursday, February 01, 2007
Photo: dawn perry
Avenue of Trees in Snow
Thank you, fine shot. Winter has arrived in Madison. Snow and single digit temps.
"We are all suffering from a major disability, none of us are twelve years old." Peter Hirshberg
"You can reach the right people but if you don't say the right thing to create the connection to that person there's nothing there." Steven Yee
Today's quotations from my notes on the AlwaysOn Media session Surviving the media disruption. More from Peter Hirshberg: "People trusts people like them...What can a brand do to stimulate people to want to believe and to share and talk about it...this is more like a political campaign...we've gone from creating awareness to building relationships and meaning...If Web 1.0 was about pages, Web 2.0 is about people...we need to go back to school." Excellent points Peter. Bravo! Peter also announced the cool new feature @ Technorati, Where's the Fire? What's Hot and Why. Check it out here.
Congrats & Cheers: Michael Yavonditte and his team on Quigo being named company of the show at AO Media. Accepting the award Michael said his New York based firm was just "blocking and tackling" and his pov is "opportunities seem boundless." How totally refreshing to hear a CEO excited about the future of marketing and advertising, focused on the fundamentals. Quigo is a company to watch. Reed Bunzel has joined Ed Seeger's American Media Services, Reed will serve as prexy of Ed's new interactive venture. Ed and Reed are in the right place at the right time. Brent Alberts named Director of Operations and Programming for Citadel's midwest region.
Charming & Delightful: Our beloved Uncle Lar, the one, the only Superjock, has started blogging...
"Nothing new with me...just hangin' out...golfin' a few balls...awaiting my next ill-fated comeback. The last two haven't gone well. Who knew that "Jammin" Oldies format on WUBT would have such a short shelf life? And that R-R-R-Real Oldies 1690 thing! What the hell was that?"
"If you don't get Animal Stories CDs as a gift, it means you're not really loved...you're just being used!"
Bravo Uncle Lar, welcome to the conversation. Check out the Larry Lujack site here, where you may also affirm the veracity of your love with the purchase and repeated gifting of Animal Stories CDs. Thanks to Robert Feder for the tip.
Bonus: The Secret Diary of Steve Jobs. Read post, print post, burn printed post. Bravo! Well done. Check it out while it lasts here.
Bonus 2: Two more Blogs of Note via Blogger: ts0 (a Liverpool gent launching his own shop) and Varieties of Unreligious Experience (Conrad H. Roth blogging on, uh, language).

