Showing posts with label entrepreneurshi p. Show all posts
Showing posts with label entrepreneurshi p. Show all posts

How Did I Get Here: The Ascent of an Unlikely CEO Review

How Did I Get Here: The Ascent of an Unlikely CEO
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How Did I Get Here: The Ascent of an Unlikely CEO Review
About the Book:
This is not only a business book, but a story, actually a drama of sorts, that provides a behind-the-scenes glimpse into the life of a most unique man. One who has been able to somehow bridge the gap between a very structured corporate world and a very anarchistic and sometimes rebellious youth market with great accuracy and success.
In many ways, you've seen this story before - you know, the typical rare planetary alignment that brings about a kid with ridiculously supportive parents, the right amount of obsessiveness... the hyper overachieving computer nerd with an abundance of natural athletic talent and endless energy. Add to that a little self-made luck, and you have a true success story in the making. I use "in the making," as it is obvious that Mr. Tony Hawk is far from finished with the story.
There is a certain freshness to this book, I think primarily due to it actually being written by Tony and his family, no professional "hired hand" writers involved. You can immediately feel and sense the nights that Tony, his sister Pat, and brother Steve must have spent together either in each others presence or in emails and drafts, organizing, reorganizing, writing, re-writing, checking grammar, reviewing punctuation and everything else that goes into creating a book of top form.
This book might best be described as a "business autobiography," one filled with fun and very interesting experiences that drive along a good narrative, while providing a reasonable amount of insight into the strategies of marketing a bigger-than-life image and the vast array of product attached to it. The product in this case, in addition to skateboards and apparel, runs the gamut from philanthropic endeavors to television cartoons and radio shows, 30 million copy selling video games, Internet startups, and world tours with enough equipment and semi trailers to rival that of the largest of rock concerts. Through it all, we see how Tony successfully navigates the fine line between celebrity, businessman, and "core" skater, without "selling out" to any one side.The Ride:
"How Did I Get Here," although topical in format rather than chronological, primarily covers Tony's "business" life from 1982 (at the age of 14) straight through to the summer of 2010, the time of publication. You live through almost 30 years of rises and falls, often matching that of the rise and fall of the actions-sports industry as a whole.
If you are familiar with skateboarding history, Tony's professional career is rooted directly back to the original "Lords of Dogtown." Stacy Peralta, one of the original Z-Boys, formed skateboarding powerhouse Powell Peralta and with it, the Bones Brigade skate team. One of the first members he recruited was 13 year old Tony Hawk. We briefly follow this time through to see royalty checks with the Bones Brigade grow from .85 cents to over $5,000/mo. while still a teenager.
With the beginning of the skate recession of the early 90's and Tony soon to be pushing the old age of 25 (there were no pro skaters over that age at the time), things were getting to look rather bleak.
Thinking that his time as a pro skater was limited, he tightened his belt and sold his Lexus, bought a Honda Civic, refinanced his house to acquire $40,000 in cash, got a partner from his Bones Brigade days who could invest also, and started his own company, Birdhouse Projects along with his own skate team. Despite the skateboard industry taking a nosedive, they viewed it as an opportunity that would weed out all the wannabes for them. They were one of the those fortunate enough to weather it out.
From about 1992 to 1994 Birdhouse Projects appeared to be on life support. With his wife pregnant, an attempt at a "regular" job was made. With $8,000 loaned from his parents, meals of Taco Bell and lots of Ramen Noodles, he put together a makeshift video editing system in an attempt to make a living as a video editor, but alas it did not work out as described in more detail in the book.
Things took a quick swing for the better in 1995 at the first of ESPN's annual "Extreme Games", later simply the "X Games," the action-sports answer to the Olympics. As detailed in the book, Tony quickly became the "face" of the games and as a result of both his added name recognition and the elevated profile of the sport due to the X Games, Birdhouse sales took off. By 1997, licensing deals were abundant also.
1998 saw the advent of Hawk Clothing, with exclusive rights eventually sold to Kohl's. Between that and his foray into high-end apparel in 2002, many lessons were learned that could probably fill a book on its own.
During the 1999 X Games Tony treated the world to the first "900" ever, a maneuver that entailed 2 1/2 midair spins off a giant "vert" ramp. The anarchist attitude of the entire subculture influencing the ways of corporate culture were quite evident at this event. A big take-away for any business reader.
The seeds of "Tony Hawk's Pro Skater" video game franchise were spawned in 1997 which would produce its first incarnation in 1999 and continue year after year through publication of this book. Tony delves into the offers and strategies from its inception to becoming the best selling action-sports franchise of all time. Here we have an instance where against all advice, business decisions that only he could make, paid off more handsomely than anyone could ever have expected.
The early 2000's brought about new and very different ideas which in turn brought about even more financial reward, in most cases, or at the very least, a whole lot of excitement.
From a "corporate shake-up" in his Blitz distribution company to one of his most ambitious projects ever, Tony's brand continued to soar. Details on the creation of the Boom Boom HuckJam "arena tour, taking 14 semi-trucks for equipment and 8 tour buses for a 60-person crew, demonstrate the creativity and energy Tony possesses. Along the way we see how he makes adjustments to the show year to year as he tunes it into a well-oiled, fun, and profitable machine.
We round out the timeline with the power of the Internet as harnessed by Tony. He makes this power more tangible in fewer and more direct words than I've seen in just about any publication. From the success and craziness of his Twitter Easter Swag Hunt to the once potential closing of his ShredOrDie.com social site, lessons abound in this chapter.
Before we come to a close here, we can't forget to mention the lighter side of his trials and tribulations in Hollywood that are interspersed throughout the book. Like the time when he tried to get that 3D movie deal done with Tom Cruise, or that follow-up to Michael Jordan's "Space Jam" entitled "Skate Jam", and certainly we must note that bio-pic where Tony had to describe his "first encounters" with a screenwriter, which I believe he called a concept of "supreme existential strangeness."
Finally, we would be terribly remiss not to mention or minimize the final chapter entitled "Giving Back" that begins to document his philanthropic endeavors. Coupled with his more personal chapter featuring excepts from blogs and journals we are taken to places like Sierra Leone and his involvement in the "Sport for Good Foundation." One of their programs provides traumatized children a chance to simply be kids again through sports. These were the ones who had been forced into combat, labor camps, and other horrible situations, some ongoing, mostly during that country's darker war-torn years. A very touching moment. Domestically, the Tony Hawk Foundation continues to work year long to help neighborhoods in need. True to form, he ends the book as he states in the books' very first chapter, when talking to his more youthful readers, "If you get some extra money in your pocket, give back." He obviously lends a lot of credibility to this advice by truly leading by example.Final Thoughts:
The only difficulty I may have found with the book was a little ambiguity as to who the intended audience was, however that may have been due to a worthwhile attempt to try to make it accessible to everyone, from those with a passing interest in the Tony Hawk story, to the businessperson who has an interest in action-sports or marketing in general, or the teenager with dreams of becoming a pro skater. This is most notably exemplified when providing advice...
"Gravitate toward sponsors and licensees that are willing to
collaborate on, or even give your team control over, the look
and feel of marketing material, no matter how seemingly
insignificant. It's allowed us to weave a thread of graphic
continuity through a wide range of products." (Obviously to
the businessperson.)
or "Don't rebel for rebellion's sake. In fact, rebellion shouldn't
even factor into it. If the thing you love and do best is
viewed as rebellious, then, yes, embrace your inner Che
Guevara. But don't let the cool police dictate your dreams.
Think of it this way: If your passion is dismissed as mainstream
and dorky, that makes your insurgency all the braver. Do it because
you love it, not because you're worried about what others-teachers,
friends, that hot emo chick who sits alone by the bike rack at
lunch-will think." (Obviously, NOT to the businessperson.)
This is a great read. If you're even remotely interested in the action-sports industry, or possibly a pro skater looking for some sound advice in handling, or how not to handle, your business affairs, or just a young kid wanting to know what it takes to "Be like Mike... or Tony", you can't go wrong with this book. I loved it. I'm sure you will too.How Did I Get Here: The Ascent of an Unlikely CEO Overview

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Working Together: Why Great Partnerships Succeed Review

Working Together: Why Great Partnerships Succeed
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Working Together: Why Great Partnerships Succeed ReviewIn Working Together, Michael Eisner uses the stories of several successful partnerships (including his own) to find commonalities and perhaps offer the reader a formula for identifying or creating the same.
The stories are great and every reader will find a different partnership that he or she identifies most with, but the overriding lesson is that the best two person teams have partners who have very different personalities and skill sets, but shared values, beliefs, ethics, and ultimately goals.
As an investor, I particularly liked the chapters on Warren Buffett and Charlie Munger and John Angelo and Michael Gordon, which remind us that most great partnerships have at least one optimist and one skeptic. The trust that Warren and Charlie have developed in one another was a key feature of several other partnerships including Joe Torre and Don Zimmer of the New York Yankees who also discovered that trust fostered loyalty and an ability for partners to benefit from each other's strengths, without feeling compromised by their own vulnerabilities.
Several notable stories emerged from Eisner's interviews like Bernie Marcus asking Arthur Blank to just keep bumping the revenue projections up on the first Home Depot store until the projections showed profitability. While this obviously worked out for them, I imagine there are more than a few entrepreneurs where that wasn't the case. I also enjoyed learning about Brian Grazer's networking techniques at Warner Brothers which ultimately led him to his partner, Ron Howard.
Ultimately, Eisner draws a set of conclusions about successful partnerships that lead to the whole being greater than the sum of the parts which can be measured in both financial and emotional terms. Eisner's book is a relatively quick read with enjoyable stories and relevant lessons for anyone interested in how to identify or create the next great partnership.Working Together: Why Great Partnerships Succeed Overview
Dig deep and you will find the most compelling argument for working together: Happiness.

In business there are always unique individual achievers, but pull down the veil and you'll often find someone alongside them. Michael Eisner does just that in Working Together. Using his own collaboration with Frank Wells at Disney as a launching point for examining other famously successful partnerships, Eisner offers us an intimate and deeply personal look at some of the most rewarding business partnerships, uncovering what makes them tick and offering unconventional wisdom and unexpected insights. In this essential book for businesspeople everywhere, Eisner shines a light on these startlingly long-lasting and enriching partnerships, weaving together ten separate narratives-from investment gurus to entertainment impresarios, from fashion designers to big-box retailers-into a larger story about the true nature of achievement in life and in business.

Ten Stories, Ten Magical Partnerships:
Michael D. Eisner and Frank Wells (Disney) Warren Buffett and Charlie Munger (Berkshire Hathaway) Bill and Melinda Gates (The Gates Foundation) Brian Grazer and Ron Howard (Imagine Entertainment) Valentino and Giancarlo Giammetti (Valentino) Ian Schrager and Steve Rubell (Studio 54) Arthur Blank and Bernie Marcus (The Home Depot) Susan Feniger and Mary Sue Milliken (restaurateurs) Joe Torre and Don Zimmer (New York Yankees) John Angelo and Michael Gordon (finance)
Collectively, the stories you're about to read form a blueprint for building partnerships that matter, that last, and that allow each of us to do our very best work.


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Forbes Greatest Business Stories of All Time Review

Forbes Greatest Business Stories of All Time
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Forbes Greatest Business Stories of All Time ReviewA great book about the people who made a real difference in shaping the present that we live in and influencing the future as it will become.
From Robert Morris to Bill Gates; the books takes you on a promonade into their kingdoms. Explaining to the reader many valuable information about each "tycoon's" personality, enterprise, industry, and the general business environment in his particular era.
I personally enjoyed the chapters on David Ogilvy, Ray Croc, Sam Walton, Walt Disney, Joseph Wilson, Henry Ford and Harley Davidson.
The book portrays many successful personalities and companies that will be of interest to people in varying specializations within Business.
An enjoyable read and a good reference.
Also read "Lessons from the Top" and "Radical Marketing"Forbes Greatest Business Stories of All Time OverviewWhat do Bill Gates, Henry Ford, J. P. Morgan, Mary Kay Ash, and Walt Disney all have in common? Uncompromising vision, a willingness to take risks, and exceptional business acumen. Not only did these individuals amass great fortunes, they revolutionized the business world and helped shape society as we know it. Theirs are just a few of the stories collected in this anthology of commercial ingenuity.Drawing on a wealth of sources, this priceless collection brings to life extraordinary achievements, many of them forgotten or little known: how Robert Morris, the preeminent merchant of the eighteenth century, financed the American Revolution with his personal credit; how Ray Kroc used a shrewd real estate strategy to turn a faltering hamburger franchise operation into the McDonald's fast food empire; and how Mary Kay Ash built a billion-dollar direct sales cosmetics company by preaching a message of economic empowerment to women.Enlightening and fascinating, Forbes(r) Greatest Business Stories of All Time celebrates larger-than-life ambition, inspired leadership, wheeling and dealing, and hard work.Forbes is a registered trademark of Forbes Inc. Its use is pursuant to a license agreement with Forbes Inc.

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Creative, Inc.: The Ultimate Guide to Running a Successful Freelance Business Review

Creative, Inc.: The Ultimate Guide to Running a Successful Freelance Business
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Creative, Inc.: The Ultimate Guide to Running a Successful Freelance Business ReviewI found this book to not only be an interesting read but very informative too. It starts off as a guide for those who have never freelanced before but as you move on through the chapters it suggests that you have started your business and by the end it talks about the future.
It is a great book for those who are starting out at the very beginning but is also useful for people (like me) who have been working for themselves for a while. There is information on setting up a portfolio, what kind of person you need to be to be able to do this sort of work and has a big focus on those that work for clients.
For me, the best parts of the book were the profile interviews with other creative freelancers who are successful in their own business as well as the chapters on pricing, agents and balancing work and personal life.
The pricing chapter was particularly helpful to me, so much so that I actually wished I could hug the authors when I read it.
I also appreciated the chapter on finding an agent and whether that might be the right decision for you. The balancing of work and personal life (something I'm not that great at) was also helpful, especially from a standpoint from someone who's been-there-done-that.
The book is honest and funny at times and it doesn't make the world of freelancing sound like a whole lot of long lunches and never ending holidays, which I think adds to its usefulness. But it doesn't make it sound like a hell that you'll wish you never entered either. I will also note that while it is written for an American audience, other than the parts about becoming a business in a legal sense and the tax requirements, it seems pretty universal and certainly applicable to Australian and international readers.
I will be keeping this book close to hand so that I can refer to it over and over, I think it will be a great resource and I'm already considering buying another copy for a friend of mine who I think will benefit from it too.
Thanks to Meg and Joy for writing this resource, I think it's the kind of book that will stay relevant for years to come.Creative, Inc.: The Ultimate Guide to Running a Successful Freelance Business OverviewAs the hipster classic Craft, Inc. did for crafters, this book will teach all types of creativesillustrators, photographers, graphic designers, animators, and morehow to build a successful business doing what they love. Freelancing pros Meg Mateo Ilasco and Joy Deangdeelert Cho explain everythingfrom creating a standout portfolio to navigating the legal issues of starting a business. Accessible, spunky, and packed with practical advice, Creative, Inc. is an essential for anyone ready to strike out on their own.

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