June 5, 2008
As Spring Bleeds Into Summer
Slightly overcast in Montreal today on the heels of the official kick off to summer. They call it Formula 1 racing and it’s the biggest party of the year some would say. Unfortunate to say, however, that thunderstorms are expected to hit during the festivities. Montreal is a classy lady when she wants to be but don’t expect to see that side of her this weekend.
As I’ve been noticeably absent of late on this blog (save for my Twitter feed) and with respect to engagement within social media circles I’ve become more focussed on my company Fixion Media. It’s easy to get lost in YouTube. On TED. In Google Reader. Facebook. Definitely Twitter. And of course old media streams. Well you get the picture. But frankly to me it’s time to flush the fishbowl and start anew.
Given that media, agencies, and marketers are pretty well connected in the digital realm I’m seeing little progress in companies actually working together in a social manner that is compatible to how we speak to each other in the corporate / private world via social mediums. In business terms the contracts read the same. The due dilligence is there (and the wallets are light “due to the credit crunch”). The risk to a given brand seems to great to bear should an experiment go wrong.
I believe in a general sense this to be a turning point in my philosophical outlook on the web and business. The internet mirrors its real-world corporate counterpart in real ways where profit and glory rule the day. I of course have no problem with profit nor glory but I’ve come to appreciate and better understand the needs of real people. Normal people who can’t afford iPhones with unlimited data plans. People that think $50 is too much to pay for a concert ticket. Musicians that think they’re famous but are actually dead broke. And most importantly perhaps I’ve come to better understand where my company fits into the bigger picture in terms of serving such communities and likewise protecting their interests from sharks. It’s a fascinating dynamic which has ruled my thoughts of late.
“Always remember the art of good business is being a good middleman.” That quote is from Layer Cake, a film. While I’ve changed my personal definition over the years of what being a “good middleman” entails I’ve come full circle to boil it down to its simplest state again. Such a state in my opinion requires independence. Right now, that is justification enough to pull away from the day to day drama of social circles and into the real world of business. Striking a good balance between the two will prove necessary to the success of my companies.
Filed under: Rants, Economy, Social Media, Personal Branding, Politics, The Future, Music Industry, Wealth, Leadership
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