Steve Jobs – The Quintessential Entrepreneur (Pt.3)

Steve JobsThe Wisdom of Steve Jobs

This article is — unashamedly — a tribute to the wisdom of Steve Jobs.

His is not the kind of ephemeral wisdom you learn at Harvard, Yale or MIT.  It is the wisdom you learn by living your life, paying attention and setting your priorities in the best possible way.

His wisdom is not merely business acumen, it is a far more rare commodity indeed:  Human understanding, concern and unselfishness.

His wisdom is not founded on the ideas of others, it is based upon his life-long quest to follow his innate curiosity and intuition.

His wisdom is not based upon following business principles, it is based upon doing what you love — and surrounding yourself with people who love you.  It is about returning that love with extravagance.

 

In His Own Words

On June 12th, 2005, Steve Jobs, (perhaps the most famous college drop-out of all time), delivered the Commencement address at Stanford University.  At the time he was the CEO of Apple Computer and of Pixar Animation Studios.

Imagine how proud and thrilled the graduates would have been had his speech been delivered today.  Imagine their excitement to hear in his own words how Steve Jobs had built the largest company on earth.

But in 2005, no one — especially Steve Jobs — could see into the future.

He famously remarked, “You can’t connect the dots looking forward.”

A lesser man might have taken the opportunity to chronicle his business successes, but not Steve Jobs.  Instead he chronicled his life in three very personal stories.

He began with characteristic humility:  “I am honored to be with you today at your commencement from one of the finest universities in the world. I never graduated from college. Truth be told, this is the closest I’ve ever gotten to a college graduation. Today I want to tell you three stories from my life. That’s it. No big deal. Just three stories.”

Well, it was a very big deal.  In fact, I would opine that if every entrepreneur took these three simple stories to heart our world would be a much better place.

 

His First Story Was About Connecting the Dots

Here it is, in his own words:

“I dropped out of Reed College after the first 6 months, but then stayed around as a drop-in for another 18 months or so before I really quit. So why did I drop out?

It started before I was born. My biological mother was a young, unwed college graduate student, and she decided to put me up for adoption. She felt very strongly that I should be adopted by college graduates, so everything was all set for me to be adopted at birth by a lawyer and his wife. Except that when I popped out they decided at the last minute that they really wanted a girl. So my parents, who were on a waiting list, got a call in the middle of the night asking: “We have an unexpected baby boy; do you want him?” They said: “Of course.” My biological mother later found out that my mother had never graduated from college and that my father had never graduated from high school. She refused to sign the final adoption papers. She only relented a few months later when my parents promised that I would someday go to college.

And 17 years later I did go to college. But I naively chose a college that was almost as expensive as Stanford, and all of my working-class parents’ savings were being spent on my college tuition. After six months, I couldn’t see the value in it. I had no idea what I wanted to do with my life and no idea how college was going to help me figure it out. And here I was spending all of the money my parents had saved their entire life. So I decided to drop out and trust that it would all work out OK. It was pretty scary at the time, but looking back it was one of the best decisions I ever made. The minute I dropped out I could stop taking the required classes that didn’t interest me, and begin dropping in on the ones that looked interesting.

It wasn’t all romantic. I didn’t have a dorm room, so I slept on the floor in friends’ rooms, I returned coke bottles for the 5¢ deposits to buy food with, and I would walk the 7 miles across town every Sunday night to get one good meal a week at the Hare Krishna temple. I loved it. And much of what I stumbled into by following my curiosity and intuition turned out to be priceless later on. Let me give you one example:

Reed College at that time offered perhaps the best calligraphy instruction in the country. Throughout the campus every poster, every label on every drawer, was beautifully hand calligraphed. Because I had dropped out and didn’t have to take the normal classes, I decided to take a calligraphy class to learn how to do this. I learned about serif and san serif typefaces, about varying the amount of space between different letter combinations, about what makes great typography great. It was beautiful, historical, artistically subtle in a way that science can’t capture, and I found it fascinating.

None of this had even a hope of any practical application in my life. But ten years later, when we were designing the first Macintosh computer, it all came back to me. And we designed it all into the Mac. It was the first computer with beautiful typography. If I had never dropped in on that single course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts. And since Windows just copied the Mac, it’s likely that no personal computer would have them. If I had never dropped out, I would have never dropped in on this calligraphy class, and personal computers might not have the wonderful typography that they do. Of course it was impossible to connect the dots looking forward when I was in college. But it was very, very clear looking backwards ten years later.

Again, you can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.”

 

Connecting the DotsWhat’s Important About This Story?

It may seem somewhat out of place in a business article, but the central theme surrounding this story, and the two that follow –  the part that makes them human and quintessentially Steve Jobs –  is love. 

When you are trying to connect the dots in your life, it is essential to place love at the center.

What about career, success and money?

If Steve Jobs is any example, connecting the dots in this way with love at the center — surrounded by concern, trust, unselfishness, sacrifice and belief — is the path to true fulfillment.

If you follow this path you will have no regrets.

And the added benefit is that the money, in abundance beyond your dreams, is likely to follow.  It did for Steve Jobs, and it can for you too.

 

His Second Story Was About Love And Loss

Again, in his own words:

“I was lucky — I found what I loved to do early in life. Woz and I started Apple in my parents garage when I was 20. We worked hard, and in 10 years Apple had grown from just the two of us in a garage into a $2 billion company with over 4000 employees. We had just released our finest creation — the Macintosh — a year earlier, and I had just turned 30. And then I got fired. How can you get fired from a company you started? Well, as Apple grew we hired someone who I thought was very talented to run the company with me, and for the first year or so things went well. But then our visions of the future began to diverge and eventually we had a falling out. When we did, our Board of Directors sided with him. So at 30 I was out. And very publicly out. What had been the focus of my entire adult life was gone, and it was devastating.

I really didn’t know what to do for a few months. I felt that I had let the previous generation of entrepreneurs down – that I had dropped the baton as it was being passed to me. I met with David Packard and Bob Noyce and tried to apologize for screwing up so badly. I was a very public failure, and I even thought about running away from the valley. But something slowly began to dawn on me — I still loved what I did. The turn of events at Apple had not changed that one bit. I had been rejected, but I was still in love. And so I decided to start over.

I didn’t see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life.

During the next five years, I started a company named NeXT, another company named Pixar, and fell in love with an amazing woman who would become my wife. Pixar went on to create the worlds first computer animated feature film, Toy Story, and is now the most successful animation studio in the world. In a remarkable turn of events, Apple bought NeXT, I returned to Apple, and the technology we developed at NeXT is at the heart of Apple’s current renaissance. And Laurene and I have a wonderful family together.

I’m pretty sure none of this would have happened if I hadn’t been fired from Apple. It was awful tasting medicine, but I guess the patient needed it. Sometimes life hits you in the head with a brick. Don’t lose faith. I’m convinced that the only thing that kept me going was that I loved what I did. You’ve got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle. As with all matters of the heart, you’ll know when you find it. And, like any great relationship, it just gets better and better as the years roll on. So keep looking until you find it. Don’t settle.”

 

Love and LossWhat’s Important About This Story?

When you place love at the center — love for your business, love for your family, love for your fellow man and, importantly, love for yourself — the inevitable trials you will face in your life will be manageable, even surmountable.

Connecting the dots in your life does not guarantee a smooth road ahead.

It does, however, guarantee equanimity under pressure.

It guarantees inner strength.

And when you inevitably slip and fall, it guarantees that those who love you will be there when you need them most.

Defeat, failure, loss, business reversals and outright mistakes will undoubtedly occur.  But you will be ready.  You will be resilient.  You will be determined.  And with love as your core principle, you will rise above them.

 

His Third Story Was About Death

Finally, in his own words:

“When I was 17, I read a quote that went something like: “If you live each day as if it was your last, someday you’ll most certainly be right.” It made an impression on me, and since then, for the past 33 years, I have looked in the mirror every morning and asked myself: “If today were the last day of my life, would I want to do what I am about to do today?” And whenever the answer has been “No” for too many days in a row, I know I need to change something.

Remembering that I’ll be dead soon is the most important tool I’ve ever encountered to help me make the big choices in life. Because almost everything — all external expectations, all pride, all fear of embarrassment or failure – these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart.

About a year ago I was diagnosed with cancer. I had a scan at 7:30 in the morning, and it clearly showed a tumor on my pancreas. I didn’t even know what a pancreas was. The doctors told me this was almost certainly a type of cancer that is incurable, and that I should expect to live no longer than three to six months. My doctor advised me to go home and get my affairs in order, which is doctor’s code for prepare to die. It means to try to tell your kids everything you thought you’d have the next 10 years to tell them in just a few months. It means to make sure everything is buttoned up so that it will be as easy as possible for your family. It means to say your goodbyes.

I lived with that diagnosis all day. Later that evening I had a biopsy, where they stuck an endoscope down my throat, through my stomach and into my intestines, put a needle into my pancreas and got a few cells from the tumor. I was sedated, but my wife, who was there, told me that when they viewed the cells under a microscope the doctors started crying because it turned out to be a very rare form of pancreatic cancer that is curable with surgery. I had the surgery and I’m fine now.

This was the closest I’ve been to facing death, and I hope it’s the closest I get for a few more decades. Having lived through it, I can now say this to you with a bit more certainty than when death was a useful but purely intellectual concept:

No one wants to die. Even people who want to go to heaven don’t want to die to get there. And yet death is the destination we all share. No one has ever escaped it. And that is as it should be, because Death is very likely the single best invention of Life. It is Life’s change agent. It clears out the old to make way for the new. Right now the new is you, but someday not too long from now, you will gradually become the old and be cleared away. Sorry to be so dramatic, but it is quite true.

Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma — which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.”

 

DeathWhat’s Important About This Story?

Given Steve Jobs’ resignation for reasons of health, this is a personally difficult way to close this article.

But to ignore the last section of his speech at Stanford would be to dismiss his courage and resolve.

It would diminish the magnificent way he has conducted his life.

It would leave his message unrepeated at a time when he wishes it to be remembered.

He would hope now, as he did so many years ago at Stanford, that we all might embrace his wisdom when it was most clear.

Death is inevitable.  It is unavoidable.  But fear is neither.

In fact, the inescapable nature of death can be inspiring, illuminating and transcendent.

It can foster intellectual renewal.

It can encourage better choices.

And it can invoke fearlessness — if love is at the center.

 

A Conclusion For Now, But Not An Ending

This is not the final story for Steve Jobs.

I wish him a complete recovery and a continuing distinguished career — as I’m sure we all do.

His life continues to inspire me.

I will leave it to this truly remarkable man — a man who personifies boundless character and depth of human feeling — to continue his personal narrative, in his own words, far into the future.

 

If you would like to see  a video of Steve Jobs’ speech, click here.

 

 

 

Steve Jobs – The Quintessential Entrepreneur (Pt.2)

Steve JobsIN SEARCH OF EXCELLENCE

This is Part 2 in a brief story of Steve Jobs — a truly remarkable man.

There can be no doubt that he has had a material impact on our world — perhaps more than any other businessman in modern history.

He has revolutionized the computer industry; changed forever the way we communicate; and with the iPhone, iPod and iPad he has brought a spark of genius to technology that makes all of us proud and improved.

But his lasting impact will not be on the way we communicate with one another, but rather on how we impact each other and the human family.

He has redefined excellence — by making it a human quality not merely a business practice.

Few men enjoy the power and insight necessary to find true excellence.  Steve Jobs is one of those men.

He has also redefined leadership.

For more than two hundred years before Steve Jobs’ brilliance lit up the technology sky, the classic definition of leadership was getting others to do what you wanted them to do.  And primarily that objective was to make money.

Through his unique form of leadership he was able to change that definition.

Today, many of his friends and employees see a much larger objective.  They see leadership as getting others to WANT to do what you want them to do.  And primarily that objective is to change the world.

Perhaps no one exemplifies the best qualities of Steve Jobs better than his original company evangelist Guy Kawasaki.  A writer, speaker and renown thought-leader in his own right, Kawasaki moves his audiences with his view that making money is not nearly as important as making meaning.

This approach to business is vintage Steve Jobs, and it redirects our ambitions toward what is truly important.

In a recent lecture Kawasaki explains:

 

WHAT ELSE CAN WE LEARN FROM STEVE JOBS?

Steve Jobs’ career is not black and white.

He doesn’t fit the traditional mold.

To learn from him, you must look closely at his entrepreneurial DNA — his best qualities that have made him so unique.

If you examine his life and career, there are many more important but obscure lessons we can learn.  Here are just a few:

  1.  Striving for excellence is not a one-time event.  It is an approach to life.   In 1986 Steve Jobs had already made his mark.  But he wasn’t through.  He was still looking to expand his horizons.  He purchased Pixar from George Lucas for $10 million.  Of course this was a very good business idea at the time, but it was much more than thatJobs explained it this way:  “We don’t get a chance to do that many things, and every one should be really excellent. Because this is our life…Life is brief, and then you die, you know?”
  2. If you strive to change the world, the money will come later.  And it will come in abundance.  In 1995, Jobs became a billionaire after Toy Story was released, and Pixar went public. “I was worth over $1,000,000 when I was 23, and over $10,000,000 when I was 24, and over $100,000,000 when I was 25, and it wasn’t that important because I never did it for the money,” Jobs famously said.
  3. In pursuit of a worthwhile objective, you should first work hard — and then get others to work hard with you.  In 2000, when Jobs became Apple’s permanent CEO, (a position he has held for over a decade), he said this:   “My job is to not be easy on people.  My job is to make them better.”
  4. Adversity can make you stronger and more focused.  In 2004, Steve Jobs ran into major adversity.  He was diagnosed, and underwent surgery for Pancreatic Cancer.  It’s hard to imagine adversity with more sting.   But he remained strong and focused.  By concentrating his will on the next challenge and by encouraging his people to execute his vision, his most amazing accomplishments were still in front of him.  He has said of this period, “So when a good idea comes, you know, part of my job is to move it around, just see what different people think, get people talking about it, argue with people about it, get ideas moving among that group of 100 people, get different people together to explore different aspects of it quietly, and, you know–just explore things.”
  5. Charting new territory will lead to occasional mistakes — that’s a certainty.  But when you persevere, future successes — and bigger ones — are also a certainty.  There were a few serious bumps along the way for Steve Jobs, both professional and personal.  But he never gave up.  He never stopped innovating.  And in 2010, he gave birth to the iPad, a remarkable device that is truly changing the world.  In medicine, education, and the restaurant industry its impact is already being felt.  In the truest sense, Jobs’ latest innovation is changing the world.  And as promised, when you search for meaning money will follow.  In less than two years, nearly 30 million units have been sold. “Sometimes when you innovate, you make mistakes,” Jobs has said. “It is best to admit them quickly, and get on with improving your other innovations.”  Steve Jobs, with modest beginnings and little formal education, built his company to the largest on the face of the Earth.
  6. Endings can become new beginnings.  In January of this year, Jobs took a leave of absence from Apple citing health issues.  All of us who admire him were shocked and dismayed.  He resigned this month from Apple, but will remain chairman of the board.   He has faced this ending with dignity and integrity.  He told us: “I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.”

Like countless others, I can truly say that Steve Jobs — through his brilliance, innovation, excellence and leadership — has had a permanent impact on my life and business.  I am proud of his accomplishments and grateful for his incredible contributions.  I will pray that this current ending will become a new beginning, for Steve Jobs and his magnificent company.

Steve Jobs – The Quintessential Entrepreneur (Pt.1)

Steve JobsThe Perfect Example

An enormous amount of digital ink has covered the Internet in the last few days — about Steve Jobs.

It is rare that one individual garners the attention of so many.

It is richly deserved.

Far too much has been written about the future of Apple without Jobs at the helm.  Unless you are deeply invested in Apple stock, these discussions are mostly irrelevant.

I am much more interested in Steve Jobs the man and the entrepreneur — and what we can learn from him.

Quintessential is defined as the perfect example — and to my mind, Steve Jobs exemplifies perfection of the entrepreneurial spirit, vision and innovation.

 

What Can We Learn From Steve Jobs?

Steve Jobs’ career is not black and white.

He doesn’t fit the traditional mold.

To learn from him, you must look closely at his entrepreneurial DNA.

If you examine his life and career, there are many important but obscure lessons we can learn.  Here are just a few:

  1. True entrepreneurs often spring from modest beginnings.   In his youth, Steve Jobs was decidedly not an elitist.  He wasn’t born with a guarantee.  He didn’t attend an expensive prep school in New York, Connecticut or Massachusetts.  He didn’t have an illustrious family.  His parents were not endowed with the wealth, or position, or promise that anticipates wild success.  In fact, this man who would one day lead the largest corporation on earth, was adopted by Paul and Clara Jobs, a machinist and an accountant, in Mountain View, California.
  2. A quality education is not a prerequisite.  Steve jobs is not a PhD.  He is not a masters degree recipient.  He didn’t graduate from MIT, or Harvard or Yale.  In fact, after one semester at Reed College, he dropped out of school altogether.   He went to work at Atari as his first job, but left soon afterward and traveled through India.   During his short educational stint he didn’t set Reed College on fire.  He set no records, didn’t write a book, didn’t learn much science or business practice.  But he does recall a calligraphy class that would have an impact on his later innovation at Apple.  In his words:   “If I had never dropped in on that single course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts,” he has said.
  3. The role of Angel Investors was  — and is — crucial to entrepreneurial success.  Were it not for Mike Markkula, an angel investor who cashed in stock options from his tenure at Fairchild Semiconductor, we wouldn’t have the iPhone, iPod and iPad today.   Markkula invested $250,000, (a princely sum in 1976), in Steve Jobs’ and Steve Wozniak’s fledgling idea — and Apple Computer was born.
  4. The perceived competition is often arrogant and myopic.   In those days, Hewlett-Packard and Atari were the perceived competition.  Like so many dedicated, but youthful entrepreneurs looking to pee in the tall grass with the Big Dogs, Jobs and Wozniak went calling on Atari first, and later HP.   The lackluster response they received from the titans of technology was underwhelming.  With remarkable self-absorption and nearsightedness, Atari dismissed the future technology wizards.  Jobs explains:  “So we went to Atari and said, ‘Hey, we’ve got this amazing thing, even built with some of your parts, and what do you think about funding us? Or we’ll give it to you. We just want to do it. Pay our salary, we’ll come work for you.’“  Atari responded with an emphatic “No.”   Undaunted, the future billionaires went to Hewlett-Packard.   In an act of arrogance and myopia that HP most assuredly regrets today, HP belittled the young entrepreneurs saying famously:  “Hey, we don’t need you. You haven’t got through college yet.”
  5. The fertile mind of a quintessential entrepreneur often states the obviousbut with a spark of genius.  Seven years later, in 1983, a still youthful Steve Jobs was looking for senior executive talent to bolster Apple’s ranks.  He set his sites on John Sculley, a powerhouse Vice President at PepsiCo.  Their conversation is legendary in the annals of American business.  Jobs was no doubt a little apprehensive as he looked for a solid argument to convince Sculley to leave his secure and lucrative position at one of the world’s most famous companies.   Sculley was no doubt dubious of this young man, despite his obvious success.   In a spark of genius, that has made the pages of many marketing books and countless speeches, Steve Jobs stated the obvious:  Do you want to spend the rest of your life selling sugared water or do you want a chance to change the world?”  The real spark of genius was not the clever question — it was the fact that in his entrepreneurial soul, Jobs knew that his company would do just that.

Please join me tomorrow for Part 2.

 

Fascinating New Women Entrepreneurs – April Morris

Women EntrepreneursThe Race To Prominence

It has been over twenty years since Congress passed the Women’s Business Ownership Act, legislation that was enacted to give women entrepreneurs recognition and resources.

Since that time, women have been tirelessly running the race to prominence — in heels no less.

Especially now, women are playing a pivotal role in business — particularly online.

There are an estimated 8 million majority-owned (51% or higher), privately held women-owned businesses in the United States.

Women-owned businesses contribute nearly $3 trillion to our national economy and create or maintain 23 million jobs.  Pay attention President Obama.

The bottom line?  Clearly, women entrepreneurs play an important and much needed role in the U.S. economy.

I have highlighted some of the more successful and prominent women in recent weeks on this blog, but what about the new and fascinating women who are just starting out?  Like the rest of us, they are the ones who are placing one foot in front of the other, running the race to prominence.  They deserve attention and accolades as well.

For this reason, I have inaugurated a new and very popular series, Fascinating New Women Entrepreneurs, in an effort to give credit where credit is due.  Thousands of visitors have joined me in praising these remarkable women.

If you have someone in mind for this series, please leave a comment below.

 

April MorrisApril Morris and THINgloss – No More Red Lights For Her

Even in the worst of economic conditions — faith, determination, perseverance and innovation can have extraordinary power.

If you need proof, ask April Morris.

Like so many other fascinating women entrepreneurs, April’s story began with discouragement.   At a Christmas party in 2002, two guests referred to April as chubby.  It was a cruel and insensitive remark, but ultimately it changed April’s life and catapulted her to fame and success.

At first indignant and hurt, April decided to try diet pills, but the continuing side effects made matters worse.   She remembers thinking, “Gosh, I wish there was a way to curb my appetite without having to a swallow a pill.”

Later, while sitting at a traffic light reapplying her lip gloss, everything changed.

Some would call what happened to April an “Aha!” moment.  I prefer to think of it as an epiphany.

Whether it was pure luck, or Divine intervention, April left that intersection in her life with a new spirit of determination and a spark of innovation.

“What if there’s a smell or herb or something you can put in lip gloss to curb appetite?,” she recalls thinking.

The answer to that extraordinary question became, THINgloss — and April Morris accelerated through that traffic stop to the covers of magazines.

Her demoralizing Christmas party became a launching pad to national television.

From chubby in 2002, she soared to “Best Innovation of the Year” in 2007 and “Inspiring Woman of the Year” in 2010.

There would be no more red lights for her.

THINglossBut It’s Never Easy, Is It? – Detour Signs Ahead

The red lights were gone — but there were plenty of detour signs ahead.

April Morris had always dreamed of owning her own business — but a recession is not the best climate in which to capitalize on innovation.

Even the best idea languishes when there are no available funds.

“I didn’t even know where to begin,” April remembers thinking.

But she was tenacious and determined.

She believed that even in a recession, her dream was still possible.

To earn enough money to support her two children, pay the bills and save for her new business, April came to another crucial intersection in life.

She entered the real estate industry, with the same fighting spirit she invested in everything she did.  In 2006, she earned $9 million in sales and was named Salesperson of the Year.

But then life intervened with numbing ferocity.

April’s daughter was in a serious auto accident.  She survived but sadly her friend did not.

THINgloss is BornTHINgloss Is Finally Born

Such an unexpected and heart-wrenching event would have ended most new businesses, but instead April took another course.  She determined from that day forward that her kids would come first.

With remarkable fortitude, she opened Express Effects three months later.  In time, her new company began manufacturing her THINgloss creation, a lip gloss that suppresses appetite.

The April Morris story could easily have ended with that accomplishment.  She had not given up and her idea was now a reality.

But April Morris, now a Fascinating New Woman Entrepreneur in her own right, was not finished.  She had just begun.

April MorrisFrom that fateful moment, when she unselfishly put the needs of her family ahead of her own, she rocketed to national prominence.  She has been rightfully featured on Fox Business, Fox News, NBC, ABC Sharktank, US Magazine, Florida Today, the Los Angeles Times and the Indianapolis Star.

Her website, Express Effects is online and destined for greatness.  THINgloss is turning heads all across the country.  And she has become a sought-after motivational speaker through her second website, AprilMorris.com.

And for the record, April Morris, our newest inductee to the ranks of Fascinating New Women Entrepreneurs, is no longer chubby.

 

 

 

 

 

Gabby Giffords – A Miracle Within A Miracle

Gabby GiffordsLike so many other Americans, I sat transfixed over the weekend watching democracy in action as our elected representatives began confronting our national debt.

By itself, that seemed miraculous.

I expected political theater — mixed with progress, hopefully:  What I got was a miracle within a miracle.

As an Arizonan and as a politically involved American, my heart swelled with pride and a tear or two fell to my cheeks, as I watched Gabby Giffords cast her vote.

Her courageous comeback from senseless violence says so many important things about America and Americans.  We are resilient, intensely loyal to our country, capable of great accomplishment and, most importantly, we never give up.

I am very proud of Gabby Giffords.  She makes me proud to be an American.  She makes me proud to be a member of the human family.  And she reminds me to believe in miracles.

Powerful Women Entrepreneurs – Lisa Bruckner

A Powerful Army of Women

There is a veritable army of powerful women, who have chosen entrepreneurship and Social Media to further their ambitions and their reach.

They come from all walks of life, all professions and diverse backgrounds.  And the qualities they have in common make them perfectly suited for Social Media success — even in an unpredictable economy.   Lisa Bruckner Power Entrepreneur

They are the leaders, explorers and prime-movers in a shock-wave that will alter the course of American business.  Never before have businesswomen marshaled such incredible force and kinetic energy, and Social Media is the platform from which their stories can best be told.

Their power is soft, but durable.  Their dogged determination assures their success and their choice of Social Media makes their businesses sustainable.

And beneath each of their images is a compelling story.  A story worth telling. Over the next few months, I will highlight their individual stories, monitor their progress and advance their message.

New and Valuable Skill Sets

For over twenty years I have been advising entrepreneurs on every aspect of their online businesses — strategy, tactics, marketing, execution and management — but mostly men I am somewhat embarrassed to admit.

For some time now I have been, in my very small way, attempting to correct that mistake by recognizing women who have proven to be innovative, industrious, and courageous in ways that are hugely valuable to our economy and to business in general.

And ironically, in this particular case I am proud to introduce my friends and followers to a woman entrepreneur who is especially adroit in new and valuable skill sets that mostly benefit her male counterparts.

Such is the fascinating story of Lisa Bruckner, co-founder of Hendricks Park.

 Lisa BrucknerSo Who Is Lisa Bruckner?

Traveling often gave Lisa a greater perspective on society, culture and service standards — invaluable skills in today’s global marketplace.

An independent child, since the age of ten she has been honing her entrepreneurial skills — often without realizing it.  At 5’10” in 8th grade, she was recruited for modeling and while she didn’t particularly enjoy the profession, she did enjoy the fabulous world of fashion.  This led to a lifelong obsession with style, shopping, and shoes.

She graduated with an honors degree in Psychology and pursued a career in research, (the antithesis of style, she admits). She remained restless, however, and felt a calling to do something completely different.

Right before the birth of her third child, she left her career in research to be a stay at home mom.  After a year, she realized this wasn’t the best career choice for her.

After all, her own mother was one of the first female electrical engineers in the 70’s and was fiercely career minded.  Lisa’s parenting role model was a career-mom and she recognized she should embrace it rather than run from it.

She agonized over what she wanted to do.  How could she start a new career in her mid-thirties with three young children?  Being an entrepreneur never entered her mind.

Then came the epiphany: Her husband, a Tech Executive, left the house wearing a pink Everybody Poops T-shirt.  She cringed and nagged him to change.   Jokingly, he told her to be a men’s style expert, and the entrepreneurial vision took hold.  In a moment of clarity, genius and courage she decided it was time to start her own business — Hendricks Park — naming the business after the historical park next to her home.

The rest is sartorial history in the making.  Or as her website proclaims, “Dressing Well Made Easy.”

A Word About Her Market

As a starting place, let me explain this remarkable company and its founder by personalizing the experience as a potential client.

Throughout my online business career, and before that my years as a Senior Officer of a worldwide company, I have spent 18 hours per day consumed with generating profitable sales, negotiating contracts, and managing personnel — often dismissing a hugely important aspect of every man’s career — image.

Rushing through airports, attending countless meetings and speaking engagements, and striving endlessly toward success in my field — the way I looked while on the journey always seemed secondary.  As an executive on-the-rise, my appearance was crucial to my career and lifestyle but the time and effort to coordinate it all was elusive.

Twice per year I would dart into Brooks Brothers near my downtown New York office, or into a local mall near my home, and purchase a new suit — always black or gray — and if I was lucky the shopkeeper would suggest several new ties and shirts.

In short, I always looked like the business drones in the crowds on the subways and walkways of the financial capital of the world.  I could certainly have afforded to do better, but there was simply not enough time.

Had Hendricks Park existed at the time I would have been a frequent, delighted and grateful client.

Men Shopping the Way They ShouldMashable and Microsoft Took Notice

In June of this year, Mashable highlighted Hendricks Park as part of Microsoft’s The Spark of Genius Series.  In the article, entitled Men Can Skip the Mall With Skype-Based Concierge Clothing Service, they announced what they called a “Genius Idea.” 

Mashable went on to explain: “Hendricks Park is a concierge clothing service for men with neither the time nor inclination to shop. The one-year-old startup, founded by CEO Lisa Bruckner, a former model, offers style consultations and shopping services primarily over Skype.

After filling out an application online, a client meets his free personal Style Expert for a brief Discovery session on video chat to enable the stylist to see and understand his individual style and clothing needs.

After he receives his first box, the client will review all of his options with his Style Expert over Skype, get recommendations for styling and tailoring, and return whatever he doesn’t like using a pre-paid shipping label.

Every time a client is looking for new clothes — or perhaps needs advice about what to wear for an event, or what kind of razor to buy — he is invited to get in touch with his Style Expert, free of charge.”

Grasping InnovationWhat A Remarkable Idea

Every modern entrepreneur realizes that to be successful he or she must have a remarkable idea. 

It need not be a world-changing technology, requiring millions of dollars of Research and Development, but it simply must cause the new customer to say “Wow, this is terrific!”  

Even a cursory review of the Hendricks Park testimonials reveal a company that has captured that elusive quality.

With that as a starting place, the next pivotal step is to understand your market.  Lisa Bruckner has targeted her market niche with laser-like precision, even though her market is still developing.

The Mashable article continues, “Bruckner is the first to admit the service isn’t for everyone — Hendricks Park doesn’t offer discount pricing or products, for one thing. ‘We focus more on quality, and unique brands and products, particularly those with an environmentally responsible edge,’ she says.”

Style and environmental responsibility.  Wow!  Sign me up!

She also readily admits that the service might be ahead of its time. “People aren’t necessarily comfortable buying clothes over Skype [yet],” she says, but she believes “the increasing prevalence of webcams and applications such as Skype will make Hendricks Park viable to the mainstream.”

 Wow, do I hate this!The Reluctant Male Shopper

It is axiomatic in retail marketing that we male buyers are very specific, and idiosyncratic potential customers.

We shop only under compulsion, enter the store furtively and usually grab the first item the store presents to us.

In the retailers lexicon we are called, deservedly and euphemistically, “reluctant male shoppers.”

If we are lucky and persuasive, we wait outside the store — on one of those benches we men somehow know intuitively were placed there just for our benefit — while our wives or girlfriends do the shopping.

Personally, I hate those benches.  Because every woman who saunters by knows that I don’t have the courage or skill to do the shopping myself.

Imagine successful executives, who battle the business world like Titans of Industry every day, afraid that some store clerk will ask them about their style preferences.  “I like black or gray,” was my common and humiliating thought, which I always kept to myself Instead I would say. “What do you think?”

Therein lies the fatal flaw in men’s shopping abilityIf the shopkeeper looks like your father on a bad day, you are in very big trouble.  Even worse, if she looks like your aging grandmother, an imminent and expensive crisis is in store.

So What’s The Solution

I suppose there are two:

  1. Become so wealthy and powerful that you can afford a full-time personal assistant to shop for you — a demeaning task that is rightly criticized and financially wasteful.
  2. Join Hendricks Park’s loyal and passionately devoted clients, an alternative I strongly recommend.

Sartorial Splendor

According to Lisa Bruckner, the ingredients for her success have been plain old hard work, perseverance, luck, a great team and not knowing ahead of time something couldn’t be done.

“Simply do the best with what you have,” she says determinedly, “and create a picture in your mind of what you want.”

Sage advice.

“Stick with it”, Lisa continues, “believe in it, and don’t give up.  I truly believe the best rewards are saved for those who can endure the tests of hardship to show they are worthy of earning the big prize:  Happiness and success.”

Well, I certainly wish Lisa Bruckner and her team the happiness and success they so richly deserve.

They will greatly assist hapless executives who yearn for, but seldom achieve, sartorial splendor.  It’s about time.


 

Twitter is Not for Twits!

Twitter is Not for TwitsTwitter is Not Monkey Business

My mother, God rest her soul, is now just a memory.  But an amusing one.

Occasionally, like for example when the meatloaf burned or the dog had an accident on the rug, she would launch into a raving fit — screaming and thrashing her arms in the air — and then when she realized how pointless her tirade was she would stop and apologize.  She called it a “having a twit”.

It was silly and dumb.

John Mayer, the prominent singer and moron, once told E-Online that Twitter is “inherently silly and it’s inherently dumb.”  At the One Splendid Evening benefit for the VH1 Save the Music Foundation he continued, “If you really think that Twitter is the pathway to spiritual enlightenment, well…It’s one step away from sending pictures of your poop.”

Now, to continue in the tradition of using Twitter as a meaningless waste of time and trouble, Congressman Anthony Weiner has distributed pathetic pictures of himself and destroyed a promising political career.  He then apologized as well.  I suppose we should be grateful that he didn’t tweet pictures of his poop.

Well, enough already!  Twitter is not for twits!

I have spent more than a year building a highly engaged Twitter following of more than 43,000 followers.  I respect them.  I have never thought it a waste of time or trouble.  And I have sent over 12,000 tweets, hopefully of an uplifting and useful business nature — and as I recall, none of them have been pathetic or lurid.

It’s bad enough that we must periodically defend Twitter as being much more than monkey business.  None of us that take Twitter seriously need prominent celebrities and politicians making us look like chimpanzees.

So much for my twit. But I’m entitled, don’t you think?

 

TRAJECTORY IS COMING SOON.

My new book, Trajectory, will be published in December, 2011.  If you found this article useful, you will love the book.  You may read the first chapter, Overview, by clicking here.

PREVIEW TRAJECTORY: To preview the complete Mind View, (conceptual diagram), of the new book Trajectory, click here for a free download.  

Trajectory Information

Anticipated Final Publish Date: December 13, 2011.

Anticipated Price: $24.95

AVAILABLE ONLINE: In addition to the book itself,  buyers will receive a password to the Client Login section of this website at no additional cost, where they can view the book in its entirety online, read supplementary materials and use expanded tutorials.  Importantly, as the Social Media landscape changes, additional material not available at the time of publication will be available here.

 

Any questions?  I am here to help.

If you are a businessperson searching for answers, or you know someone who is, I am very easy to get in touch with and I am eager to help.

Don’t be shy, be effective instead.  Take action.

Simply call the number below.  During normal business hours, (8 AM – 5 PM Scottsdale, Arizona time), it is my direct line.

If I am unavailable, just leave a message.

If you would prefer to exchange email I would love to here from you.   Just email michaelstewart@jerichotechnology.com or click the email badge below.   I promise I will get back to you within 24 hours.

Michael R.H. Stewart, President, Jericho Technology, Inc.

Email and Phone

If you believe your company can benefit from a robust and highly professional Social Media Campaign, complete the following form for no-obligation information and an application.

Our Pricing

*(denotes required field)


Hidden Keys To Ultimate Success – That Most Entrepreneurs Miss

Two Keys To SuccessThe Struggle To The Top

Countless articles have been written about the entrepreneurial climb to success.

What have we learned, exactly?

The climb is steep and arduous.  The footing is precarious.  The packs are heavy.  The mountain tops are often beyond our reach, and we often stumble.  And sadly, more of us fall than make it to the summit.

The Fortunate Few

This article, however, is written for the fortunate few who actually make it.

Against all odds, we climb and climb. Our muscles strain, our hearts quicken, and then all at once we breathlessly reach the top.  Blessed victory!

But then something unexpected happens.

We stand and cast our gaze out over the surrounding vistas — our prize for accomplishment — only to discover that we are surrounded  by endless new mountains, stretching off toward the horizon, some even higher and more dangerous than the one we just conquered.

It begs the question:  Should we stop and treasure this one success, or continue climbing until we reach the pinnacle — the highest mountain we all strive for?

What’s Missing?

To get this far has taken all of our strength and resources.  Deep down, we know that to continue we must find the hidden keys to ultimate success that we so far have missed.  What are they?  Who do we ask?

Unfortunately, these are questions unanswered by education, ignored by those who fail and closely guarded by those who succeed.  I guess we’re on our own?  So let’s consider these questions for a moment and see if any lights go on.  Let’s be creative, and give serious thought to what’s missing.

Two Hidden Keys

Key #1There exist many obvious possibilities for the missing keys to our ultimate success, but two less obvious ones come immediately to my mind.

The first key is this:

The climb to the top is more rapid and sustainable — if you help someone else.

This is a very important lesson, lost for decades by traditional business, but reemerging as a core principle of Social Media.  When before it was all about selling – the focus of Social Media has changed the landscape — now it is all about serving.

To be ultimately successful, it is imperative that you put the needs of others — your customers and potential customers, employees and stakeholders — ahead of your own.

This does not mean that you must sacrifice your own success, it merely means that you should be cognizant of the needs of others as a key starting place.  When you meet those needs first, your needs will be correspondingly met.

This key success factor seems obvious, but business has long held that products and services, whatever they are, must be sold.  Even if that sales process does not meet the actual needs of the consumer.

The founder of the Ford Motor Company once said of his first automobile. “You can have any color you want, as long as it’s black.”  That sales process was obviously successful, but in today’s world, Ford’s management has materially improved upon that approach.  Today they ask, “What do you want in your new Ford automobile?”  Through remarkably agile Social Media campaigns, led by Ford’s masterful Social Media Director, Scott Monty, Ford is gradually reinventing itself.  They have begun climbing their ultimate mountain, and when they reach that pinnacle they will be the masters of all they see.

For entrepreneurs, that same ultimate key to success applies.  For those unfamiliar with Social Media, their first reaction is to sell, and sell, and sell.  They flood their Twitter streams will sales language, thinking that the old rules still apply.  They don’t.

We now live in an era where buying patters have changed.  They are diametrically opposite to those of only a few years ago.  The imperative now is service, not selling.  For those entrepreneurs wishing to scale their last mountain, helping others is the new key to success. The Second Key To Success

The second key is this:

Collaboration with others is the new path to the top.

For those of us who make a living in Social Media, for example, I have a question by way of explanation:   Why is it that no Social Media company has captured the lion’s share of the market?  When you mention donuts, Dunkin’ Donuts comes immediately to mind.  When you mention coffee, Starbucks pops into your head.  Why is there no one Social Media company taking the leadership role? There are two reasons for this, I believe.  They both have to do with collaboration.

1.  Unwillingness to Partner.  Even the biggest money makers in Social Media are apparently unwilling or unable to collaborate with other professionals where their skills might be useful. Take Twitter for example.  The top ten agencies in the field, who daily advise entrepreneurial businesses on how to amass a large, engaged Twitter following, have a total of only 14,350 Twitter followers between them, (as of 5/9/11).  The most skilled agency has less than 5,000 followers.

Is it that they are understaffed?  Not likely, as they have hundreds of employees.  Is it that they don’t care, or possibly feel it is unnecessary since they are doing millions of dollars in business?  Perhaps.  But how is that credible with their potential customers?

I don’t wish to be critical, as all of these companies are highly professional, well-respected and hugely profitable, but if you are expecting other businesses to take your Twitter guidance seriously, should you not have a substantial Twitter following yourself?

Before I undertook to advise others on Twitter, I spent a year building a 41,000 person Twitter following.  And knowing that my customers tend to be smaller entrepreneurial firms, I did 100% of the work myself to illustrate that it could be done by one person.

The point of all this, is that companies of all sizes should collaborate for mutual success.  There is no reason for smaller companies to avoid integrating, formally or informally, into a larger whole.  The resulting organization could be formidable.

We now live in an open world, and there should be no reason for the dog-eat-dog competitiveness of years past.  Certainly, all of us that make the Twitter-sphere our home, should be open to partnering with fellow Twitter travelers.  It best serves our needs, but more importantly the needs of our customers.

2.  Unfamiliarity with the Joint Venture as an Engine for Growth. The corollary to the above unwillingness to partner, is the unfamiliarity with the joint venture as an engine for growth.

Imagine the Social Media behemoth that could be created, if the top practitioners or companies in the 14 separate Social Media disciplines — Twitter, Facebook, LinkedIn, Youtube, WordPress, web programming, graphic design, sales, marketing, cloud computing, public relations, strategy, execution and management — were to combine their skills in a mutually beneficial joint venture.  There would be no overlap, no wasted energy or resources, and enhanced profits for everyone.

Similarly, and a more powerful key to success, would be joint ventures between Social Media practitioners and other companies that share the same market segment.  Traditional advertising agencies, with no Social Media expertise, joining forces with Twitter experts, for example.

With a little creativity, customer-centric joint ventures of all types could be created.

Conclusion

Whatever your product or service, marketplace, or skills — failure to adopt these hidden keys to success would be a real shame.   For those of us who care about achieving more than a modicum of success, these hidden keys have the power to unlock unprecedented accomplishment.  If we don’t energize around these opportunities we have only ourselves to blame.

Getting in touch with me is very easy

If you or your company are wishing to harness the power of Social Media, or if you feel a joint venture possibility exists, I am very easy to get in touch with and I am eager to help.   Simply call the number below.  During normal business hours, (8 AM – 5 PM Scottsdale, Arizona time), it is my direct line.  Otherwise, just leave a message. If you would prefer to exchange email I would love to here from you. Just email michaelstewart@jerichotechnology.com or click the email badge below. I promise I will get back to you within 24 hours.

Michael R.H. Stewart, President, Jericho Technology, Inc.

 

Email and Phone

Powerful Women Entrepreneurs – Alexandra Levit

A Powerful Army of Women

There is a veritable army of powerful women, who have chosen entrepreneurship and Twitter to further their ambitions and their reach.

They come from all walks of life, all professions and diverse backgrounds.  And the qualities they have in common make them perfectly suited for Social Media success — even in an unpredictable economy.

Powerful Women EntrepreneursThey are the leaders, explorers and prime-movers in a shock-wave that will alter the course of American business.  Never before have businesswomen marshaled such incredible force and kinetic energy, and Social Media is the platform from which their stories can best be told.

Their power is soft, but durable.  Their dogged determination assures their success and their choice of Twitter makes their businesses sustainable.

And beneath each of their images is a compelling story.  A story worth telling.

Over the next few months, I will highlight their individual stories, monitor their progress and advance their message.

 

Alexandra LevitStories Worth Telling – Alexandra Levit

In this economy, what can be more important than finding a meaningful jobquickly and simply — and then succeeding beyond measure once you get there?  The short answer is:  Nothing.

This is Alexandra Levit’s cause célèbre.  It is her ambition, her forte and her promise to those she helps.

A prominent author and syndicated columnist,  Alexandra Levit  has shared her best entrepreneurial thinking in the New York Times, USA Today, National Public Radio, ABC News, Fox News, CNBC, the Associated Press, Glamour, and Cosmopolitan.

In 2010, she was named Money Magazine’s Online Career Expert of the Year and the author of one of Forbes’ best websites for women.

And when Alexandra speaks, people listen:  Including the Obama Administration, the American Society for Training and Development, Campbell’s Soup, McDonalds, Whirlpool, Beyond Credentials, DeVry University, Intuit, and Microsoft.

Notably, in addition to her many books, magazine articles, and presentations to clients, she has also amassed a very significant Twitter following.  As of today she is followed by more than 134,000 individuals.

Her tireless efforts, while balancing her time with her husband and family, makes Alexandra Levit a Powerful Woman Entrepreneur.

She is the quintessential ambassador of Soft Power for Women, and we will be watching her career with enthusiasm and expectation.

The story of Alexandra Levit is a story worth telling.

 

Conclusion

By placing soft power in women’s hands, American business will achieve a level of accomplishment like never before.  Women have shown particular skill in the uses of proper strategy, execution and management in Social Media.  And while it requires an investment of time and resources, that investment can and will pay dramatic dividends.

The barriers to women in business have become the new springboards to acclaim.


Getting in touch with me is very easy

If you or your company are wishing to harness the power of Social Media I am very easy to get in touch with and I am eager to help.   Simply call the number below.  During normal business hours, (8 AM – 5 PM Scottsdale, Arizona time), it is my direct line.  Otherwise, just leave a message. If you would prefer to exchange email I would love to here from you. Just email michaelstewart@jerichotechnology.com or click the email badge below. I promise I will get back to you within 24 hours.

Michael R.H. Stewart, President, Jericho Technology, Inc.

Email and Phone

Soft Power In Women’s Hands – The Key to Social Media Success

Power in Women's Hands

Women and Soft Power

In a recent blog posting on the Harvard Business Review, (January 19, 2011), Vineet Nayar made the following important comment:

The leadership of women in politics, business, and society is becoming evident across the globe.”

Years ago, this idea might have been controversial — today it is axiomatic — particularly in the business of Social Media.

And soft power is the secret ingredient in women’s new recipe for success.

 

What is Soft Power?

Joseph S. Nye Jr., the former dean of Harvard’s Kennedy School of Government, defined soft power as:

“The ability to influence or lead through persuasion or attraction, by co-opting people rather than coercing them.”

While noting that “soft power isn’t the exclusive preserve of women,” Nayar continued, “women are more inclined than are men to use soft power through tools such as dialogue and engagement.”  This is a key success component in Social Media.

He also commented, that “research has shown that women are excellent mediators, great networkers, and they place more value on building relationships than do men. They also keep cool during crises.”

This form of soft power, whether wielded by businessmen or women, is the engine that is fueling the phenomenon that we call Social Media, and it may become the single most powerful key to Social Media success.

As has been noted in my previous blog postings, women like Ms. Irene Rosenfeld of Kraft Foods, Indra Nooyi of PepsiCo, and Anne Sweeney of Disney, have made enormous contributions — not only to business and Social Media — but to the human condition and to the relative impact of women in business.

 

The Glass Ceiling – A Little History

The proverbial glass ceiling, as it is called, and the gender inequality that forms its basis, have been unfortunate facts-of-life in American business since long before Social Media became a force.

To understand the glass ceiling’s impact on Social Media, it is first necessary to review a little history.

The glass ceiling has been legislated against, defined in the business literature, confirmed by governmental commissions, and made a substantive issue in various business appointments, as well as in political contests from the Congress to the Presidency:

  • Gender inequality was legislated against in the Civil Rights Act of 1964.
  • The term “glass ceiling” was defined as the “invisible barriers that impede the career advancement of women in the American workforce” in the March 24, 1986 edition of the Wall Street Journal.
  • In a 1991 study by the The Federal Glass Ceiling Commission, it was confirmed that women encountered considerable glass ceiling barriers in their careers.
  • It was dismissed as non-existent by Carly Fiorina upon becoming CEO of Hewlett-Packard, and then interestingly reasserted after her term at HP concluded.
  • It was highlighted by Hillary Clinton in her run for the U.S. Presidency, which is often seen as the highest glass ceiling in America.
  • And it has made its existence known twice in recent political developments:  When Michele Bachmann announced her presidential ambitions, and when Mitch Daniels, the Governor of Indiana and presumed presidential aspirant, announced that he might appoint Condeleezza Rice as his Vice Presidential running mate.

 

Why Is It Happening? What Are The Implications for Social Media

The Federal Glass Ceiling Commission noted a number of barriers to women in its findings.  I have listed these barriers below, with the implications of each for Social Media.

Historical barriers to women in business:

  • Outreach and recruitment practices fail to seek out or recruit women. While it is true that typical recruitment practices in American business have favored men in the past, the advent of Social Media has changed this considerably.  Social networking websites like LinkedIn have now become the de facto location for executive recruitment.  Additionally, there are a large number of women active in the blogosphere — building strong reputations, considerable influence and Social Media knowledgeand modern recruitment practices have taken this change into consideration.
  • Prevailing culture of many businesses is a white male culture and such corporate climates alienate and isolate women. More than any current change in American business, Social Media has begun to usher out the extant “Good Ol’ Boy” network.  While it still exists, particularly in older companies, the remarkable achievements of CEOs like Rosenfeld, Nooyi and Sweeney (linked to above), have shown irrefutably that women have the requisite skills to command even the largest companies.
  • Initial placement and clustering in staff jobs or in highly technical and professional jobs that are not on the career track to the top. One of the remaining liabilities of the Good Ol’ Boy network is the erroneous presumption that women are best suited for support roles only.  This is wildly untrue.  In fact, as has been noted above, the very characteristics that are best suited for successful Social Media activity are more prevalent in women candidates.  As Social Media undertakes its logical movement toward C-Level responsibilities, more women will find themselves in executive suites than in smaller offices or cubicles.  Companies that ignore this transformation do so at their peril.  
  • Lack of mentoring and management training. While this may have been true in the past, today there are hundreds of mentoring and training blogs, designed specifically for women, and this number will undoubtedly grow.  (Watch for future blog postings on this subject.)
  • Lack of opportunities for career development, tailored training, and rotational job assignments that are on the revenue-producing side of the business. Increasingly, Social Media is becoming an important profit center for business.   As discussed in a previous posting, Social Media – Time Is The Wisest Counselor Of All, the time has come for business to “Read it and tweet: Social media takes a lot of time, but it pays off.”
  • Little or no access to critical developmental assignments such as memberships on highly visible task forces and committees. Prominent CEOs who are currently running some of the largest companies in America, (women like Ms. Irene Rosenfeld of Kraft Foods, Indra Nooyi of PepsiCo, and Anne Sweeney of Disney) to mention only three, also sit on highly influential boards, charities and other powerful and important organizations.  This has in no way adversely affected their performance, in fact it has contributed mightily to their company’s profits, brand excellence and public visibility.
  • Special or different standards for performance evaluation. The benchmarks for success and performance evaluation should be, predominantly:  Profits, shareholder value and contributions to society.  The women CEOs mentioned above, and countless others, have shown conclusively that their sex is irrelevant.  They deserve to be graded against the same yardsticks as men, and when they are history has shown that they will excel.
  • Little or no access to informal networks of communication. Before the growth of Social Media, the Good Ol’ Boy network was the typical circle for communication.  Today, a Social Media-competent woman has at least three additional channels for communication:  The company’s Social Media following, a growing base of potential customers on Twitter and Facebook, and an increasingly engaged customer base from those sources.  Taken together, these new Social Media networks have kinetic energy never before available.
  • Counterproductive behavior and harassment by colleagues. President John F. Kennedy once commented, “Failure is an orphan and success has a thousand fathers.”  With the growth and acceptance of Social Media, and the resulting profits therefrom, women with the soft power to make Social Media successful will be much-heralded within their companies.  Harassment will become a thing of the past for the women who marshal Social Media success.  Unless they get firmly seated on the Social Media bandwagon, their male colleagues will become the brunt of criticism and harassment.

Conclusion

By placing soft power in women’s hands, American business will achieve a level of accomplishment like never before.  Women have shown particular skill in the uses of proper strategy, execution and management in Social Media.  And while it requires an investment of time and resources, that investment can and will pay dramatic dividends.

The barriers to women in business have become the new springboards to acclaim.


Getting in touch with me is very easy

If you or your company are wishing to harness the power of Social Media I am very easy to get in touch with and I am eager to help.   Simply call the number below.  During normal business hours, (8 AM – 5 PM Scottsdale, Arizona time), it is my direct line.  Otherwise, just leave a message. If you would prefer to exchange email I would love to here from you. Just email michaelstewart@jerichotechnology.com or click the email badge below. I promise I will get back to you within 24 hours.

Michael R.H. Stewart, President, Jericho Technology, Inc.

Email and Phone

Women’s Social Media Success Stories – Disney and Anne Sweeney

This is the 3rd installment of Women’s Social Media Success Stories.

To read the first installment regarding Kraft Foods and its prominent leader Ms. Irene Rosenfeld, please click here.

To read the second installment regarding PepsiCo and its hugely accomplished CEO Indra Nooyi, please click here.

To fully understand the selection process, please click here.

Anne Sweeney at Disney

Anne Sweeney
Co-Chair Disney Media Networks and President Disney♦ABC Television Group

The temptation is great, when discussing Anne Sweeney’s celebrated career, to recite her long list of accomplishments as Wall Street would view them.  But to do so, in my view, would be to minimize the core reasons for her success in today’s rapidly changing world.

  • While it is true that she has been called “the most powerful woman in Hollywood” by high-level agents, producers and even rival executives, she is much more than that.
  • While it is true that she has delivered revenue to Disney Media Networks of more than $17 billion, that is not her most important contribution.
  • While it is true that she oversees properties valued at a colossal $61 billion, that is not her most important corporate achievement.
  • While it is true that over 10,000 employees call her boss, that is not her primary management characteristic.
  • And while it is true that Forbes ranks her as one of  “The World’s Most Powerful Women,” her sex is essentially immaterial — merely an asterisk on her impressive resume.

The Core Reasons

The core reasons for her unparalleled success are more about who she is than what she does.

Anne Sweeney is the media executive who best epitomizes the magical promise that Social Media purports to deliver:  A pioneer without barriers — who admires innovation, revels in intellectual curiosity, embraces technology and expands her horizons continually.

She is a person who asks “What’s next?” not “Why should we?”

She is a person for whom the “story” is paramount, and who truly understands that brands must connect and engage with consumers.

At her stratospheric level of success, it is impossible to ignore the politics that surround her — it is a fact of corporate life — but she understands that the only safe harbor from the political storms is the bottom-line.  Accomplishment is the best weapon in her arsenal, and she is very well-armed.

 

Tops of Corporations and MountainsEmbracing Challenges

The tops of most corporations, like the tops of most mountain ranges, are remarkably similar.

Just as most mountains are crowned with snow, the tops of most corporations are surrounded by challenges.

Sometimes those challenges have been met by predecessors, or by peers within your industry, and solutions require nothing more than paying attention to what others have done in similar circumstances.  Occasionally, however, the challenges are startlingly new and without precedent.

In those singular situations, senior executives must decide whether to meet those challenges head-on, or to side-step them, looking for safer ground.

Anne Sweeney has proven her value in those challenging moments, by embracing the unknown and welcoming it.

 

The Video iPodThe Video iPod

A good example was her reaction to the Apple iPod when it first appeared on the scene.

While many senior executives recoil at new technology devices, adopting an ultraconservative wait-and-see attitude, Anne Sweeney responded to the video iPod with enthusiasm and a spirit of exploration.

For her the iPod was not merely a new technology device, it was a paradigm-shifting opportunity.

She saw it as an exciting way for Disney to expand its reach — to touch an entirely new audience that intuitively she knew would develop.

That intuition placed Anne Sweeney in the rarefied air previously reserved for innovators like Steve Jobs and Bill Gates.

 

Catching the WaveCatching the Wave

I lived in Hawaii as a young man, and I was intrigued by the surfers and the way they approached their sport.

In calm waters it was difficult to tell the novice surfers from the experts.  But as a towering set of waves appeared on the horizon, each surfer was required to make a choice.  Some would wait for the next wave until it was too late, but others would paddle like crazy until they were swept up by the power of the wave, taking the ultimate risk and flying into the exaltation that only risk-takers fully understand.

There are fundamentally two ways to approach change:  You can ignore it until it is too late, or you can paddle like crazy into an uncertain future.

Anne Sweeney has proven time after time that she is unafraid.  And that fearlessness has translated into soaring profits and wide-spread acclaim.

 

Grasping InnovationInnovation:  Grasp It or Fear It

One of the central mistakes made by many companies, especially in the evolving era of Social Media, is that they fear innovation.

All too often, company executives cling to the past — reinventing old strategies that have proven successful before — instead of grasping at innovation when it appears.

Social Media has forever changed the standard marketing protocols.  It is no longer acceptable to roll out a new product simply because it is what you have always done.

Instead you must listen to your customers:  Paying attention to their needs rather than your own.

Instead you must adapt to the way your customers live their lives:  Paying attention to how they integrate emerging technology into the daily expression of how they prefer to live.

Anne Sweeney is a master at grasping innovation.  She considers it a daily task, and she expects it from her entire team.  For this reason alone, she will continue to excel.

 

ABC's iPad AppWhat Would You Do If … ?

Perhaps the most representative anecdote that capsulizes Anne Sweeney’s success, began with her attendance at the much anticipated Steve Jobs’ introduction of the iPad.

During that presentation, Jobs repeated what was to become the mantra of Apple’s magical new product:  “Imagine if you could hold the Internet in your hand!”

What an astonishing concept.

To her immense credit, instead of worrying about the impact of this phenomenal new technology product, or being jealous of the inevitable Apple success, Anne Sweeney asked her staff the next day:  “What would you do if you could hold the Internet in your hand?”

The resulting avalanche of new and innovative ideas, propelled Disney♦ABC toward the development of the ABC iPad App, and with it another new era of unbridled success.

Anne Sweeney had once again proven herself to be a professional of the highest stature and accomplishment.

 

Conclusion

We live in a world of new ideas:  An important trend that is guaranteed to continue.  Executives like Anne Sweeney, who approach innovation with excitement rather than dread, will be the trendsetters in this new world, and with fearlessness will come praise and profits.


Getting in touch with me is very easy

If you or your company are wishing to harness the power of Social Media I am very easy to get in touch with and I am eager to help.   Simply call the number below.  During normal business hours, (8 AM – 5 PM Scottsdale, Arizona time), it is my direct line.  Otherwise, just leave a message. If you would prefer to exchange email I would love to here from you. Just email michaelstewart@jerichotechnology.com or click the email badge below. I promise I will get back to you within 24 hours.

Michael R.H. Stewart, President, Jericho Technology, Inc.

Email and Phone

 

Women’s Social Media Success Stories – PepsiCo and Indra Nooyi

This is the 2nd installment of Women’s Social Media Success Stories.

To read the first installment regarding Kraft Foods and its prominent leader Ms. Irene Rosenfeld, please click here.

To fully understand the selection process, please click here.

 

Indra NooyiPepsiCo – Indra Nooyi

Criteria:

Twitter Stats - PepsiCo

 

 

 

 

 

 

 

 

 

Performance with Purpose – It’s a Long Way From Sugar Water

PepsiCo is a fascinating company.  It has certainly come a long way since Caleb Bradham sold the first glass of “Brad’s Drink” from the counter of his soda fountain in 1893.  Steve Jobs famously asked John Sculley, the president of PepsiCo from 1977 to 1983: “Do you want to sell sugar water for the rest of your life, or do you want to change the world?”  Interesting, isn’t it, how we classify companies by their products?

But PepsiCo is so much more.

Today, PepsiCo is an iconic business leader, with immense profits and worldwide fame.  But that’s still only half the story.

Importantly, its present-day success — and more significantly, its heart and soul — can be attributed to the able and concerned leadership of its current CEO, Indra Nooyi.  If PepsiCo is a fascinating company, Indra Nooyi is amazing.

How do you measure a corporation and its top management?  Profit and Loss?  Well, of course.  But the true measure of a corporation is more about its worldview.  It’s more about the contribution it makes to society and to the human family.  In this respect alone, Indra Nooyi is deserving of the highest praise.

Since becoming PepsiCo’s CEO in 2006, she has made a huge impact on her company, its employees, their families and the countless lives she has touched worldwide.  Her credo, and PepsiCo’s core value system, is called “Performance with Purpose.” It’s how she runs the Company.  To use her words of explanation:  “All corporations operate from a license with society… we owe society a duty of care.”

If the definition of Social Media is the ability to reach out to your customers and potential customers; the desire to engage with them; and the commitment to solve their problems — then PepsiCo under Nooyi is the epitome of Social Media.

A New Definition of Profit

As businesspeople, we are all familiar with the profitability equation:  Revenue – Costs = Profits.

Under Indra Nooyi’s enlightened leadership, PepsiCo’s profitability equation is fundamentally different:  The Performance with Purpose equation is:

Revenue – Costs – Costs to Society = Profits.

Imagine a company that actually cares, intrinsically — not just for its customers and the revenue they bring in the door, but for the human condition generally.  Imagine a company where the employee’s do not have to check their consciences at the door when they come to work.  Isn’t this exactly what we all wish for the American economy?  An economy that’s stable and growing, but with a heart?

A Social Media Leader – Par Excellence.

According to Forbes, in 2010, “Nooyi nudged a $20 million slice of the company’s $616-million-a-year ad budget away from traditional to social media spends.  A worldwide campaign, Pepsi Refresh, lets you submit grant proposals to a website, then encourages online voters to choose the winners (amounts: $5,000 to $250,000). ‘It blurs the line between philanthropy and advertising,’ says Nooyi, whose total annual compensation package last year was $10.6 million. Refresh also allocates $1.3 million each month for a U.S. project, such as the recent ‘Do Good For the Gulf,’ which offers stipends to build a shelter for animals whose owners lost their homes to the oil spill and to provide mental health services and job training. ‘Brands have to speak to millenniums; young people want to make a difference,” she says.

So true.  It is the highest and best use of Social Media, in my opinion.

Accomplishments

Before I make Indra Nooyi sound like the Mother Theresa of American Business, it’s important to point out that she is very accomplished by whatever traditional yardsticks you care to use.  In addition to her duties as the Chairman and Chief Executive Officer of PepsiCo Incorporated, here are just a few of her other accomplishments as reported on Wikipedia:

  • She is a Successor Fellow of the Yale Corporation.
  • She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst and the Lincoln Center for the Performing Arts.
  • She is also a member of the Board of Trustees of Eisenhower Fellowships, and has served as Chairperson of the U.S.-India Business Council.
  • In 2009, Nooyi was considered one of “The Top-Gun CEOs” by Brendan Wood International, an advisory agency.
  • In 2010 she was named #1 on Fortune‘s list of the “50 Most Powerful Women” and #6 on Forbes’ list of the “World’s 100 Most Powerful Women”.
  • She joined PepsiCo in 1994 and was named president and CFO in 2001. Nooyi has directed the company’s global strategy for more than a decade and led PepsiCo’s restructuring, including the 1997 divestiture of its restaurants into Tricon, now known as Yum! Brands.
  • She also took the lead in the acquisition of Tropicana in 1998,and merger with Quaker Oats Company, which also brought Gatorade to PepsiCo.
  • According to BusinessWeek, since she started as CFO in 2000, the company’s annual revenues have risen 72%, while net profit more than doubled, to $5.6 billion in 2006.
  • Nooyi was named on Wall Street Journal’s list of 50 women to watch in 2007 and 2008, and was listed among Time’s 100 Most Influential People in The World in 2007 and 2008.
  • Forbes named her the #3 most powerful woman in 2008.
  • Fortune ranked her the #1 most powerful woman in business in 2009 and 2010.
  • On the 7th of October 2010 Forbes magazine ranked her the 6th most powerful woman in the world.
  • At its 2009 commencement, Barnard College awarded Nooyi the Barnard Medal of Honor, the College’s highest award.
  • Forbes magazine ranked Nooyi fourth on the 2008 and 2009 list of The World’s 100 Most Powerful Women.
  • Fortune magazine has named Nooyi number one on its annual ranking of Most Powerful Women in business for 2006, 2007, 2008, 2009 and 2010.
  • In 2008, Nooyi was named one of America’s Best Leaders by U.S. News & World Report.
  • In 2007, she was chosen as a recipient of the Padma Bhushan award by the Government of India.
  • In 2008, she was elected to the Fellowship of the American Academy of Arts and Sciences.

Conclusion

Indra Nooyi is a truly remarkable CEO and a humanitarian of the first order.  She sets a marvelous example to businessmen and women everywhere.  She epitomizes all that is good about Social Media, and she disproves the myth, once and for all, that profits are driven by cold realities in the marketplace.  A wife and mother of two daughters, she stands with great power, and simple grace, at the top of American business.  She is a woman we can all be proud of, and a leader we should all attempt to emulate.

TRAJECTORY IS COMING SOON.

My new book, Trajectory, will be published in December, 2011.  If you found this article useful, you will love the book.  You may read the first chapter, Overview, by clicking here.

PREVIEW TRAJECTORY: To preview the complete Mind View, (conceptual diagram), of the new book Trajectory, click here for a free download.  

Trajectory Information

Anticipated Final Publish Date: December 13, 2011.

Anticipated Price: $24.95

AVAILABLE ONLINE: In addition to the book itself,  buyers will receive a password to the Client Login section of this website at no additional cost, where they can view the book in its entirety online, read supplementary materials and use expanded tutorials.  Importantly, as the Social Media landscape changes, additional material not available at the time of publication will be available here.

 

Any questions?  I am here to help.

If you are a businessperson searching for answers, or you know someone who is, I am very easy to get in touch with and I am eager to help.

Don’t be shy, be effective instead.  Take action.

Simply call the number below.  During normal business hours, (8 AM – 5 PM Scottsdale, Arizona time), it is my direct line.

If I am unavailable, just leave a message.

If you would prefer to exchange email I would love to here from you.   Just email michaelstewart@jerichotechnology.com or click the email badge below.   I promise I will get back to you within 24 hours.

Michael R.H. Stewart, President, Jericho Technology, Inc.

Email and Phone

If you believe your company can benefit from a robust and highly professional Social Media Campaign, complete the following form for no-obligation information and an application.

Our Pricing

*(denotes required field)

 

 

Women’s Social Media Success Stories – Kraft Foods and Irene Rosenfeld

Social Media SuccessBackground & Apologies

Cataloging the Social Media successes attributable to women is a daunting task.  Not because of limited numbers, but instead because there are so many worthy of praise.

Some are much-heralded leaders in Corporate America, but others appear in unprecedented numbers behind the scenes, as key executives in Social Media functions, and importantly, as active Social Media consultants and bloggers who have accepted the task of supporting women in business generally.

Because I do not wish to insult any of the myriad women who deserve accolades, this will not be a single series of articles, but rather a continuous dialog on the Jericho Technology website.  Watch for it in the months ahead, and please leave your thoughts and comments to help me give credit where credit is due.

Methodology

Because this task is so immense, it cries out for structure.  So for purposes of these initial articles I have adopted the following winnowing process, admittedly flawed, incomplete and somewhat arbitrary:

The Process:

  1. Researched various lists of prominent women, among them:
  2. Removed all those women who were defined as celebrities or socio-political figures, leaving a smaller group who were identified mainly as businesswomen.
  3. Compared this list against the 100 largest companies in America, as ranked by assets.
  4. Researched the Twitter status of these companies, removing those without a formidable Twitter presence.
  5. Finally, identified women on this filtered list whose companies have made publicly noted contributions to the growth and understanding of Social Media.

Exclusions

Not included in this list are:

  • Those companies who follow a Social Media strategy not including Twitter.
  • Those Women Entrepreneurs in smaller companies — who will be recognized in Part 2 — who own smaller businesses but who have contributed enormously not only to their own success, but to the growing dominance of businesswomen everywhere.
  • The many praise-worthy Social Media consultants and bloggers whose contributions have been immensely valuable.  A few from this group will be highlighted in Part 3.

Companies Chosen

Finally, for purposes of the next three daily articles, I am arbitrarily limiting my thoughts to three companies whose stories I find most interesting and worthy of note.

The companies are:

  1. Kraft
  2. PepsiCo, and
  3. Disney

Irene Rosenfeld

Kraft Foods – Ms. Irene Rosenfeld

Criteria:

By The Numbers

 

 

 

 

 

 

 

 

Ms. Irene Rosenfeld has been Chairman of Kraft Foods Inc. since March 30, 2007 and has been its Chief Executive Officer since June 26, 2006.  She is a 29-year veteran of the food and beverage industry.  She began her career at Dancer Fitzgerald Sample advertising agency, working in consumer research.  Among her many accomplishments at Kraft Foods, she led the restructuring and turnaround of key businesses in the U.S., Canada and Mexico.  Forbes has named Ms. Rosenfeld one of the world’s “100 Most Powerful Women” and Fortune ranks her No. 2 on its “50 Most Powerful Women in Business” list.

Nielsen’s Consumer 360 conference

Kicking off Nielsen’s Consumer 360 conference in Las Vegas, Ms. Rosenfeld addressed the ways reaching consumers have changed significantly over the last twenty years and how the Internet and social media are increasingly important components of overall marketing strategies.

Quoting Nielsen, “Previously, brands acted as teachers, according to Rosenfeld. Marketing was designed to build an image around a brand with the expectation that consumers would be attracted to it; they would aspire to the brand. Today, that ‘paradigm is upside down,’ as brands want to learn from consumers and find ways to connect with them.

Nielsen continued:

“One way to do that is to find shared values. Kraft’s Hockeyville campaign in Canada builds on a national passion by reaching consumers across the country and engaging them with the Kraft brand in a new way. Co-sponsored by the NHL and NHL Players’ Association, Hockeyville enables towns and cities to compete for the chance to host a pre-season NHL game in their community, as well as win $100,000 to upgrade local sporting facilities. The campaign crosses all of the major media – print, TV and the Internet – and enables consumers to create their own stories. Unlike traditional marketing efforts, Kraft is not the main event: consumers are the focus and the brand is simply a facilitator. “It’s amazing seeing people waving boxes of mac and cheese at a sporting event, but it warms my heart,” said Rosenfeld.

Rosenfeld also discussed how in the past, marketers would debate whether a campaign should be emotional or functional. Today, that debate doesn’t occur: campaigns serve both purposes, with culture added to the mix. Using the resurgence of Miracle Whip to highlight this trend, Rosenfeld outlined how market research – particularly Internet mining – enable the company’s marketers to find a core group of young, passionate and loyal fans for the sandwich spread: males, age 18-34. Using this information, Kraft marketers sought to make Miracle Whip part of contemporary culture with quirky, fun TV commercials which led to the campaign’s mention by Stephen Colbert. A mock “Sandwich Spread Smackdown” ensued, and Kraft strategically bought all of the advertising around one the show’s episodes. Further updating the brand was placement within Lady Gaga’s hit video “Telephone” — a video that was viewed more than 38 million times on YouTube, and the once-staid brand is adding market share in North America.

Another way marketing has changed is that in the 1980s and 90s, brands sought to reach consumers by appealing to individuality. Today, brands seek to build relationships with people, appealing to “us” as opposed to “me.”

Five Key Takeaways:

  1. Yesterday – Brands were teachers: Brands had a one directional lesson to teach consumers.
    Today – Brands are students: We need to sit back listen and learn; ask consumers to help create the stories.
  2. Yesterday – Take it or leave it: A mentality of brand superiority ruled
    Today – Shared values matter more than selling proposition: Successful campaigns speak directly to consumer’s sentiment.
  3. Yesterday – Brands were either functional or emotional. Brands were either one or the other – not both.
    Today – Brands are functional, emotional + cultural: We no longer need to choose. Digital means you connect all three levels.
  4. Yesterday – It’s all about me: Brands were marketed toward individuality.
    Today – It’s all about us: It isn’t about “I”; it’s about “we.” Successful brand’s help build relationships with friends and families.
  5. Yesterday – They need us: Brands told consumers why they needed the brand.
    Today – We need them: Brands need consumers more than consumers need brands.

Speaking to the importance of mining insights and using research, Rosenfeld outlined the missing tools in the brand toolbox.

  1. Need deeper consumer understanding: Know your consumers like your family
  2. Need new measurement tools:  Understand which tactics work, which don’t and why in real time.
  3. Need to tap into social and cultural values: Discover what is going on in consumer’s minds and find real ways to make consumer’s lives richer and more meaningful.

In closing, Rosenfeld noted that people are consuming 350% more data than thirty years ago, reading 100,000 more words a day outside of work and that 24 hours of video is loaded every minute on YouTube to demonstrate how things are changing faster than ever before. Brands have to adapt to this environment if they want to continue to be successful. ‘Let’s get going,’ concluded Rosenfeld.”

Interview with Steve Forbes

In a Forbes interview conducted late last year, Steve Forbes asked her:

“Everyone now says Facebook, Twitter.  How do you see that affecting your brands, your products?

She responded, “… as we look forward, the opportunity to establish stronger connections between our brands and our consumer is going to be the essence of our success.”

She cited an example that is telling.  She said, “… take a brand like Philadelphia Cream Cheese.We have an affiliation with one of the celebrities from The Food Network, Paula Deen.  The segment is called Real Women of Philadelphia.  And she’s been able to engage 300,000 users of Philadelphia Cream Cheese to get them to talk to her about their recipe thoughts and how they feel about the brand.

Whereas before, we would have in the course of a year put out maybe 100 recipes in our one-way communication to the consumers. In the course of eight weeks, we actually got back 5,000 recipes from our consumers in the course of our Real Women of Philadelphia dialogue.  So I am delighted by the capability that digital media and the ability to interact more frequently and in more of a two-way dialogue with our consumer provides us.”

As a followup, Forbes asked, “What have you done internally and with the agencies you use to really push that forward?”

She responded revealingly, “… we’re demanding that we think about what we call 360 marketing from all of our agencies, which means we want to make sure that we are addressing all the potential touch points for each of our brands as we market them.

And increasingly, we’re finding some of our agencies are not as able to make that leap as others. I think we started when we began though there was a sense that we wanted to try to find one-stop shopping and I think increasingly, we’re discovering that there are different places that have different skill sets and we are well served to be able to capitalize on the strengths of each of them.”

Conclusion

Irene Rosenfeld is a stellar example of the modern CEO.  Accomplished at the multiple skills necessary for unqualified success in the Global Economy, but humble enough to realize that skill sets must adapt in the Social Media world, she sets a shining example for businesswomen everywhere.

Getting in touch with me is very easy

If you are a Woman Entrepreneur wishing to harness the power of Social Media, or you know someone who is, I am very easy to get in touch with and I am eager to help.   Simply call the number below.  During normal business hours, (8 AM – 5 PM Scottsdale, Arizona time), it is my direct line.  Otherwise, just leave a message. If you would prefer to exchange email I would love to here from you. Just email michaelstewart@jerichotechnology.com or click the email badge below. I promise I will get back to you within 24 hours.

Michael R.H. Stewart, President, Jericho Technology, Inc.

Email and Phone

Brain Map To Success In Social Media (Pt.1)

What’s the Problem?

Social Media is a profoundly important innovation in the way the world does business.  But with a few notable exceptions, it is not living up to its enormous potential.  At least not so far. 

So, what’s the problem?

The answers are all over the brain map.

 

The Right BrainThe Brain Map

By understanding the Brain Map, you can begin to understand the problems associated with Social Media.

Science has studied the dual nature of the brain for a very long time.  Many problems with Social Media stem from the divergent thinking that emanates from either side.

Let’s consider a few examples of this divergent thinking, as exhibited by key players who may inhabit your business life:

  • Some say Social Media is unproven, and that it’s just a fad that will eventually go the way of the hula-hoop in the late 1950′s.
  • Others suggest that it’s the wrong approach pointed at the wrong audience — that Twitter followers, for example, are disengaged, disinterested, and that their numbers are disproportionate to their value.
  • And still others insist that Social Media’s effect on profits is difficult to quantify, so its wide adoption has been slow.
  • These disparaging ideas are held by folks who think with the left side of their brains.

As a Social Media devotee–someone charged with its successful execution–you have a diametrically opposite view.

  • You are convinced that Social Media is here to stay.
  • You are certain that Twitter, for example, is a valid tool for amassing a large, fully engaged and productive following that will materially enhance your business.
  • You are working diligently to quantify your results, using available techniques, and you are constantly on the lookout for new and better approaches.
  • Your ideas emanate predominantly from the right side of your brain.

Who is right?

Some of the best brains in marketing have wrapped themselves around this conundrum, but it’s just possible that they are missing the real problem — and with it, the real solution.

I have made an extensive study of this question over the last year — a study based upon real-world empirical evidence — and I believe I might have stumbled upon the answer.

In a word, the real problem with Social Media is: Left-Brainers.


Left-Brainers?  Right-Brainers?  What’s Going On Here?

The are two types of people in the world, by scientific definition:  Those that are left-brain dominant and those that are right-brain dominant.  I call them Left-Brainers and Right-Brainers.

Left Brain People

Left-Brainers can be defined this way:

♦  They are analytical, logical, linear folks with a passion for results and a gnawing fear that none will materialize.
♦  They are facts and details-oriented.
♦  They tend to think in terms of the present and the past.
♦  When they begin to understand a new concept they talk in terms of comprehension.
♦  They speak in terms of knowing.
♦  If a new idea is working, they will acknowledge the success.
♦  And they like strategies that are safe and completely practical.

Right Brain PeopleRight-Brainers can be defined this way:

♦  They are conceptual, non-linear folks with a passion for possibilities and a persistent belief that good results will materialize.
♦  They often follow their feelings, (call them gut instincts), rather than logic.
♦  They are big-pictureoriented and often follow their imaginations rather than facts.
♦  They tend to think in terms of the present and the future, instead of the past.
♦  They don’t comprehend a new concept, they “get it.”
♦  They speak in terms of believing.
♦  If a new idea is working, they will appreciate the success.
♦  They like strategies that are forward-thinking and cautiously optimistic.
♦  They are sometimes impetuous, but always committed and unafraid of risk.

 

What’s the Real Solution?

Now that we have defined the real problem, what is the real solution?  I certainly do not profess to have all the answers, but here are a few suggestions:

♦  Left-Brainers detest uncertainty.   They are extremely uncomfortable with uncertain results, even if they are willing to admit that the new idea has potential.  You need to counteract this problem with constant, authoritative and demonstrable proof that your Social Media activities are on the right track.  There is no such thing as too much information, as long as it is accurate, provable and non-combative.  After all, effective and efficient Social Media will eventually fall to the bottom line, which benefits everyone in the Company.

♦  Left-Brainers can be team players. It may not always seem so, but even critics within your Company want to see successful results.  If you pay attention to their analytical needs, and you position your results to conform to their bench-mark analytical requirements, everyone wins.

♦  Left-Brainers concentrate on the past, but can be moved toward the future. This is simply a matter of perspective.  Left-Brainers have been taught throughout their professional lives to rely upon past experience, and the empirical data that flows from it.  Admittedly, they can sometimes be rigid.  Your job is to continue looking forward with cautious optimism, and to demonstrate at every reasonable opportunity that the past is not always controlling.  Social Media in its current form is a product of the future — a true innovation in business — and as such requires a fresh perspective.  Just keep nudging, and as profits begin to show up, even the staunchest Left-Brainers will move toward the middle.

♦  Left-Brainers can make an important contribution to your success. Even the strongest detractors can become advocates in time.  Solicit the Left-Brainers’ suggestions, ideas and contributions.  Once he is inside the tent with you, you will find his support invaluable.

♦  Left-Brainers can be malleable. Just because he has been determinedly analytical in the past, does not mean that he can’t be conceptual if he is drawn into the excitement Social Media can deliver.  Get him involved in the process.  Let him feel the exhilaration you feel when things come together.  Right-brain enthusiasm can be infectious.

♦  Left-Brainers can learn to accept uncertainty. An important idea to share with Left-Brainers, is that most innovation is preceded by a period of uncertainty.  Uncertainty can be good.  It stimulates creativity, encourages exploration and entices people to action.  Most important changes in business require a certain amount of risk-taking, and risk-takers tend to be leaders.

♦  Left-Brainers love to evaluate. It’s what they do best.  Agree on benchmarks that you both feel are reasonable, and then studiously evaluate the situation as it evolves.  Once he knows you are as concerned about tangible evidence as he is, you can forge a lasting partnership.

 

What’s Next?

In Part 2 of this series, I will explore how you can apply these same Brain Map theories to your Social Media followers.  You can solve their problems and meet their needs.  As you do so, you will increase your Social Media opportunities.  And in Part 3 we will tie it all together with examples of companies that are doing it right.

 

Getting in touch with me is very easy

If you are an Entrepreneur wishing to harness the power of Social Media, or you know someone who is, I am very easy to get in touch with and I am eager to help.   Simply call the number below.  During normal business hours, (8 AM – 5 PM Scottsdale, Arizona time), it is my direct line.  Otherwise, just leave a message. If you would prefer to exchange email I would love to here from you. Just email michaelstewart@jerichotechnology.com or click the email badge below. I promise I will get back to you within 24 hours.

Michael R.H. Stewart, President, Jericho Technology, Inc.

Email and Phone

Is Easter Too Fragile To Survive?

The fragile beauty of Easter Eggs, the gossamer thin wings of a butterfly and our commitment to good around the world:  These are the things we try to remember on Easter.

But this Easter seems different, doesn’t it?

Battles for freedom are raging around the world.  Our planet and its bounty are in trouble.  Our faith in our Country and in our Creator are under siege.

It begs the question:  Is Easter too fragile to survive?

Is Easter Fragile?

Do we live in a broken world?  Is the quest for freedom too tenuous to sustain itself in the face of unrelenting tyranny?  Is beauty too thin to resist the constant onslaught of progress and mankind’s need to consume?  Is hope destroyed in an unbelieving world, or is it merely diminished for a time … soon to burst into life once again?

Easter is a time for beauty, rebirth and renewal but can we still claim preeminence as a nation and a people — can we still lead our fellow human travelers toward a place where brokenness is only temporary?

We are Americans and citizens of the world.  We have been broken before, but never shattered.  Our hopes and dreams have been thin, but never exhausted.  And our commitment to God has been darkened, but never blinded.

We are reminded at Easter that beauty never dies, it’s merely resting.  Every spring we handle it with care, knowing that its shell is delicate.  We watch as the dormant moth springs forth from its cocoon, lifted up by its new wings as a message to the world that beauty is thin but strong.  And we reach inside ourselves to find the irreducible beauty of hope, wondering again if it can be reborn.

Never before in human history has our strength and resilience been so gravely tested.  Never before has victory been in question.  Never before have we so nearly forgotten the gift we receive every morning, when the rising sun bathes the world in light and when it is possible for miracles to happen.

Now, more than ever before, we have an obligation to remember Easter as a symbol of beauty, rebirth and renewal from 2,000 years ago.  Now, more than ever before, we must take strength from the only source that never weakens.