Pages

Sunday, November 13, 2011

In the Spotlight: Barry Brandon



As a singer, party promoter for Bedlam Presents, founder of the non-profit organization Hold Me in Your Heart and sometimes artist manager, Barry Brandon spends his days making deals. Listed as one of Atlanta’s 50 most influential people of 2010 according to Fenuxe Magazine, he is used to being in the public eye and using his interaction with people and ability to negotiate, to keep his career going.  In this interview, I sit down with Mr. Brandon to pick his brain and learn how he is so good at what he does.

                       


Claudia MB: 
As a party promoter, artist, president of a charitable foundation, and artist manager, I am sure that deal making is part of your everyday existence. Can you tell me about the type of deals that you handle most often in all of those different roles?


Barry Brandon :
 "Actually I view them all the same. The thing is, that I think as a party promoter, you can get the most out of a venue than with those other things [roles]. Usually when you’re touring with a band, it’s a harder thing to book and you don’t usually make as much money. There is a cost for the sound person, for the door person…. production fees, and you don’t make your money from the door until that number is hit. When you are working as a non-profit organization or you’re a company putting on an event, when you approach someone, they are going to have a renter’s fee. When you are a promoter, all of those things go out the door. Because as a promoter, your name is what is bringing the money into the venue, so the venue is relying on your name to bring people through the door that will drink and spend money. Therefore you have a lot more leeway in your negotiation. So I approach everything as a promoter and not as a musician [with the majority verbal agreements and a few written]."


CMB: 
When negotiating. how do you use objective criteria such as: precedent, professional standards, moral standards, reciprocity, or market value to support your requests?


BB:
" I give them product knowledge, what were supplying, what you’re getting in return, and I discuss it simply on a money factor. When booking a band we would never go into conversation about how good they are or what kind of music they played. I don’t discuss their fanbases or how many albums they’ve sold and who knows them, those things- don’t worry about it. If I can get 300 people into your venue and the bar tab is $5000-$6000, what do you care if the band is good or not? [I justify the dollar amount the venue makes] based on a common number within the industry. Promoters make a certain amount or the venues average payout is on a different scale than a promoter….."




CMB: 
How does having a BATNA (best alternative to a negotiated agreement) affect how you view a negotiation, or does it have any bearing at all on your approach? Do you feel that it gives you more leverage during?


BB:
 "I always have a Plan D [besides Plan B, and C], so for me, my vision is that I don’t own a venue and I don’t own a space, but I have a product that can make you $6000 a night. I bring whatever I am bringing to the table, I bring the people, and these people spend money so what I want in return is [a cut of the profits]. If you don’t want to do that, then you don’t deserve to get that  [the people I can bring to the venue]. I addition to knowing that, there is always another option and you are never actually screwed. I think it is a mutually beneficial relationship between the two [the venue and the promoter]… Its not a matter of, If you don’t do what I want then I’m leaving, it’s a matter of communication until the problem at hand is solved and knowing that on both sides, there is always another option."


CMB: 
How do you handle being seen as a less powerful member of a negotiation?

BB:
" The second that you start stressing about how you are going to do thing based on how the other person does business, is when you will never have the upper hand and you will always feel like you have something to lose. You know your product, you know what you have to offer – just do it."




Stay tuned for the next installment of this interview and learn more about upcoming Bedlam events,  Barry Brandon’s  performance of In My Own Words, a one man cabaret show supporting Hold Me in Your Heart . Be on the look out for his upcoming documentary The Tin Man Project showcasing his journey through the last of his 8 open heart surgeries and the inspiration for the Hold Me in Your Heart Foundation.




THE TIN MAN PROJECT


BEDLAM PRESENTS 1 Year Anniversary




Sunday, October 16, 2011

How much does this REALLY cost?


      One day not too long ago, I was walking past the front window of a music store. Displayed in the case under beautiful showroom lights was the keyboard of my dreams.



      As a vocal coach, having a piano is a key factor in being able to perform your job duties at the highest level. I had been working without one for some time, renting studio spaces that provided pianos, but I was limited to where I could go and how many students I could teach due to scheduling conflicts with the studios. At the same time I had been saving up enough fund
s to put my car into the shop to fix a dent put into it by an anonymous individual who seemed to have , *ehem*, difficulty parking in the space next to mine.
 ( Gotta love those people who hit your car and don’t leave a note!) 




 Along with the other dings created by people who cant seem to be able to control their shopping carts.



                                              

      Coincidentally the amount I had saved matched the cost of this shiny new keyboard. I felt the money burning a hole in my pocket and had to make the choice, pretty car? or shiny new keyboard?  As I weighed the pros and cons, I realized that the cost incurred for going with car over the keyboard was more than money. Yes I would love for my vehicle to be presentable (rather than the embarrassment it currently was), but buy buying the keyboard, it would increase the profitability of my business as I would be able to work out of my home rather than renting studio space and I would be able to increase my client roster by travelling directly to a students home with my portable keyboard.  What do you think I chose?
      Every time you make the decision to do something, you are giving up the opportunity to do something else. This is referred to as opportunity cost. A lot of times it can be measured monetarily ( when one thing costs more than another) but other times it can be the decision between something that will provide instant gratification over long term benefits. I think we as artists, musician, and small business owners tend to look at things one way or the other: money, or value. A prime example is  concert guitar-piano duo Robert Bekkers and Anne Ku who discuss the "cost" of attending a concert when you are a musician yourself in their  Concert Blog.
 It is important to growth of our businesses, careers, and personal lives to revaluate every choice while factoring in what you would be missing out on as well as the “cost” of the choice. Sometimes the cost is time, other times its experiences, and often, its education. Remember, not all things can be measured in money.

Sunday, October 2, 2011

Do YOU have Klout?


     In finance, one is asked to analyze “meaningful comparisons” or ratios to determine the health of a company. One looks for trends, crunches numbers, and collects numerical data in order to determine how “well” a company is doing.  We look at profit, sales, expenses, stock prices, assets, and debt and review how our numbers compare to similar companies within our own industry. This information helps business owners to determine whether or not to make changes in the future, can reflect success of past business decisions, and may reveal indicators of needed changes to some of our business practices.

     As musicians, artists, party promoters, and individuals in the entertainment industry, you may ask, “What does this have to do with me? I don’t own a business, I just do what my record label (or parent company tell me to do.)” Whether you own a small business or are a rock band on tour, your goal is to influence your target audience. You are selling a physical product, an idea, or an image and as important as is to keep track of your financial health, it is equally important to measure your sphere of influence.

     Social media is how most entertainment entities reach their fans and potential clients. Although not all interactions turn into profit, they can be a huge indicator as to how far your ideas have spread. They can also show how likely your target audience is to spend money on your product, attend your concert, buy your album etc. based on how much they interact with your public identity. Until recently, you were only able to measure your success based on how many Facebook likes your fan page has, or maybe the number of followers you have on Twitter. Now there is an even better way to monitor your sphere of influence: Klout
     Klout measures your social media activity on all of the major social networking sites: Facebook, Twitter, and LinkedIn.

    According to Klout.com your “Klout Score measures influence based on your ability to drive action. Every time you create content or engage you influence others. The Klout Score uses data from social networks in order to measure: True Reach: How many people you influence, Amplification: How much you influence them, Network Impact: The influence of your network”

    With the recent addition of YouTube, Google+, Blogger, Flickr, Instagram, Last.fm, Tumblr, and WordPress Klout now has the ability to monitor the full scope of your social media influence. This can be used as a tool to examine marketing success, for brand building  test a new product or idea, and to see how much of a buzz you can create throughout the Internet.  “So I get a score, big deal.” There is more than that. Klout users at differing levels are offered perks like swag, exclusive experiences, and of course, bragging rights.

Friday, September 23, 2011

Hidden Potential



       Seth Godin in his talk on TED.com spends 20 hilarious minutes discussing things that are broken. In this lecture, he talks about things present in his everyday life that he (and perhaps you) perceive as broken. “If I think it’s broken, it’s broken” he tells his audience as he shows slide after slide of examples split into 7 main categories: 1. Not my job, 2. Selfish jerks, 3. The world changed, 4. I didn’t know, 5. I’m not a fish, 6.Contradictions, and 7. Broken on purpose. These ideas inspired him to co-create a website called www.thisisbroken.com where users can upload their own personal “broken” experiences.

       Mr. Godin’s passion is evident in every word he speaks. It is as if the ideas are moving so quickly through his head, it’s all he can do to get them out at a speed that we can understand. He is most focused on the interaction between people and how these poorly designed situations devalue the customer experience.

                           


       I find this lecture particularly relevant because, although he focused on the things he has observed in everyday life, a lot of examples have to do with marketing. From Spam email, to signage, to product packaging, he explains how each one of these “problems” break the interaction between the audience and the intended message. He describes how many companies are not taking advantages of the possible continued relationships with their customers.  Marketing is a conversation between a company and its intended audience. Clear communication solidifies the relation between a company and its consumer. The poor execution of simple ideas can form barriers that hinder this relationship.

       What a great way to look at your marketing strategies regardless of the industry. Many companies, artists, etc. have such great ideas, but poor execution. Mr. Godin inspired me to look at my everyday environment and see what can be improved, then take action to fix it. This ties right in to what I do for my clients, problem solve. It’s not enough to notice something isn’t working, its time to do something about it and discover the hidden potential within your company, art, or product, and develop it.

Sunday, September 18, 2011

Organize! Your mind, your space,your life!






One part of the general management consulting industry is workplace organization. For those moving into the realm a great resource is the National Association of Professional Organizers (NAPO). Many think that professional organizing is a tool only used in your home. Workplace clutter is one of the top reasons that the day-to-day operation of your office or studio can be hindered. Not being able to find a client file, having a cluttered desk, and a lack of storage all contribute to inefficiency in the workplace. One of the main goals of NAPO “is to have the world recognize the value of organizing and turn to NAPO as the leading organizing authority. Our mission is to develop, lead, and promote professional organizers and the organizing industry.”
NAPO is a wonderful resource to continue your education in organizing and creating workplace systems. They offer courses for general knowledge or specific challenges. The courses all count as credit toward certification, which can solidify your reputation within the consulting industry and confirm credibility by becoming a certified professional organizer.
Their varying chapters give organizers at any level the opportunity to network with others in their field. NAPO also participates in community outreach going into schools to teach basic organization skills as well as assisting people in transition with organizing their lives to help them move forward out of homelessness. The community efforts are a great way for consultants to get new clients as well as identify needs within their market.
Membership offers the advantage of discounts with many retailers related to organization. They also offer a section called the Industry Exchange, which offers member a first look at new products, and deep discounts only available to NAPO. Members have the chance to become involved in national conferences throughout the country. These conferences involve specialized education, lectures from leaders within the industry as well as front row access to the latest trends and changes within the industry. NAPO has also created a member directory where prospective clients can search for the best Certified Professional Organizer (CPO) to suit their specific challenges.
Becoming a member of NAPO helps the general management consultant to refine their skills, increase their knowledge, and connect with the rest of the industry. Credibility is one of the most crucial parts of success as a consultant as well as being on top of what’s new and useful to your client. As part of the organization, you are marketed directly to your target market as part of their official website. Don’t we all want to be part of something great?

Thursday, September 8, 2011

Be Remarkable!



It's not enough to be good at something. Sometimes its not even necessary. But in today's age, what is most important is to stand out. Playing it safe is risky, be bold!