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Week of 04/14/2025 | Episode 1/12 - Listen on Spotify -Listen on Apple -
Imagine you're Bob Iger. You relinquish Disney's CEO suite in 2020 with a sterling legacy intact. Smart, game-changing acquisitions. A good culture. Steady, imaginative leadership. Soaring profits and a jumbo stock price. And a sort of bet-the-ranch move into streaming that puts profit-making aside in favor of reinventing the entertainment platform your business rests upon. All is going swimmingly when you turn things over to your successor, Bob Chapek. You title your autobiography “The Ride of a Lifetime.” What a way to go. Then, boom. Covid lockdowns hit just weeks after you step down. Disney's business sputters. Chapek alienates your team and the board. And that streaming bet unravels. What do you do? You roll back in as CEO less than three years after you left the company. Chapek is pushed out. How often does something like that happen? Like, never. Even Steve Jobs waited 11 years to make his roundtrip as Apple's CEO. There are lots of collisions to sort out here. That's why I rang up my pal at Bloomberg Opinion, Beth Kowitt. Beth's a veteran business writer and she spends a lot of time thinking about the mysteries of corporate America. See omnystudio.com/listener for privacy information.
Today we are talking to Patrick Lee, one of the founders of Rotten Tomatoes, a review website for film and television. Eager to become an entrepreneur, Patrick didn't finish college, but instead jumped right into the startup game. It took a few tries before he helped to found a successful company. Patrick and his colleagues rode the wave through a market collapse before ultimately selling for above their valuation. Building For Me, Not For Thee Patrick attended UC Berkeley and made a bunch of friends his freshman year. By his sophomore year, Patrick was too impatient to finish school, so he convinced three friends to leave school and do a startup. The four started off selling computer systems and components, but that didn't go anywhere. They transitioned into web design for the entertainment industry, working for a lot of big names. They were doing quite well and revenue was growing quickly, but Patrick wasn't interested in being in the service industry. He didn't like building what clients wanted him to build, he wanted to build what he wanted to build. It also struck him that they weren't building anything they owned. It was about this time that the company's creative director came up with the idea for Rotten Tomatoes. They Like Us, They Really Like Us The team saw their other friends raising a lot of money, building up a business, and then selling it. Patrick knew it made more sense for them to do something that was theirs. They incubated the idea for a year before officially launching it, but when they did, it took off. Yahoo would feature them and bring in traffic, a famous film critic would include them in his article about the best movie websites, bringing in more traffic. Finally, Pixar released a Bug's Life and sent a lot of traffic to Rotten Tomatoes. Even Steve Jobs was a fan, mentioning Rotten Tomatoes in three separate keynote speeches at Apple. All this early success told the team that they had stumbled upon something great. Knowing What You Know Now, What Would You Tell Yourself Ten Years Ago? Patrick says he would tell himself to build a network. He says having connections to go to for advice can make a huge difference. He believes that had they had that network to help them gauge the market, they may have ended up in a position to sell to Google. What Patrick Is Working On Now After selling Rotten Tomatoes, Patrick went to China to work on a new startup with a friend. He says that company didn't go anywhere and that they tried two others that didn't take off either. Coming back to the US, Patrick tried his hand at creating a mobile game but found that the cost to acquire users was more than they could make off of those users, so it just didn't make sense. Feeling burnt out on startups, Patrick spent some time just doing speaking engagements. He ended up running a group for notable tech founders. Two of those founders approached Patrick about doing an investment syndicate. If you'd like to connect with Patrick, he can be found on LinkedIn or Twitter @rottendoubt. -- The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You'll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/
Tech parents love their children more than they love their customers: Children of Big Tech entrepreneurs from eBay, Apple, Uber and Google attend Waldorf schools – where technology is not allowed on campus or in classrooms. Waldorf schools teach complicated concepts like the Sciences and math using story telling, hands-on activities and play. Their Wikipedia page says, “The overarching goal is to develop free, morally responsible, and integrated individuals equipped with a high degree of social competence.” This is an excerpt from a The Times article written by British political journalist Alice Thomson, “Melinda Gates' children did not have smart phones until they turned 14 and only used computer in the kitchen. Her husband Bill spends hours in his office reading books. Facebook's Mark Zuckerberg says he wants his daughters to read Dr. Seuss and play outside rather than use Messenger Kids. Even Steve Jobs strictly limited his children's use of technology at home. The more money you can make out of the tech industry, the more you appear to shield your family from its effects.” Read more HERE.
Everyone can be a good public speaker. Even Steve Jobs was supremely nervous at one of his first television interviews. In this episode, Toni Gargan goes through her top ten tips to ensure that you are an amazing public speaker. From getting out of your own way, following a system for your speech and enjoying the journey, Toni give you the best top tips to improve your public speaking. If you have a big speech coming up, or would like to improve your public speaking today this is the podcast for you. Key Takeaways Some of the best speeches in history have come from the most unlikely of people. If you think you can do it then you able to do it. You have to change your mindset and get out of your own way. Anything is possible if you get out of your own way. Even Steve Jobs was supremely nervous in his first live television interview but then skip forward to 2017, he is a polished public speaker. This is due to practice. These are top ten tips for improving your public speaking? Speak about something that you are passionate about. Something that you are an expert on. Your journey, your knowledge, or your life experiences whatever it is. It doesn't matter what you speak about only that you know it well and that you are confident in it. Know why you're doing it. It's really important that you have a purpose for your speech. Maybe it’s a requirement, maybe you have to sell something new, or a Facebook live video. You should ask yourself two questions: What is the purpose of my speech? and What value will I add to my audience? If you nail both of these things then you can’t go wrong. Follow a system for your speech. We use the pentagon model here. This includes six questions with differing percentages: 1) What is it that you are talking of? (5%) 2) Why? (30% of your speech) 3) Why that subject matter, and what benefits there are to the audience? 4) How (40%) this is the biggest section, the information bit but make sure it’s entertaining and intriguing. 5) What if? (15%) around the fears, concerns and how to overcome concerns as to why people should listen to you. 6) When? Is it a specific date of the speech or a future date. Know your audience. Focus your speech to those that will be listening. Even if the content is the same for your speech it needs to be angled to your audience. It needs to be fit for purpose for your audience, making it fun, entertaining almost a game. Practice, Prepare and Practice again. Have key points that you want to cover noted down. Prepare alone, in front of your peers, and in front of friends. Maybe even record yourself, to identify what you can do better, or what you do well. Start with the end in mind. Visualise how confident you will be, what the audience reaction will be at the end of the speech, the nodding of heads, engagement with your workshops. The previous five in the list are about the leg-work but it’s really important to visualise your success to be successful. Create the connection. Make your story connect with your audience. You could be one of many speeches that your audience has heard all day. You need to stand out and make the audience connect with you. You need that connection for them to buy into the information and/or product or service. Your focus is on adding value to the audience. Record Your Live Speeches. When you give the speech to a live environment, it is making sure it’s recorded. You can identify what has been successful and where you can improve as well as the audience's reactions. Even just an audio version. It’s important to note what worked really well. Write down at the end of each speech what worked, and what you would change afterwards. At the earliest opportunity when it is fresh in your mind as to what worked well and can be improved on. You can forget very quickly later in the day if you don’t write them down straight away. Enjoy it. Enjoy your speech, don’t focus on just getting through it, make sure you enjoy the connection with the audience, and focus on the benefits to the audience. Best Moments ‘Absolutely anyone can be a public speaker.’ ‘You set your own limits.’ ‘No-one is born natural born speakers, they all practice.’ ‘What you talk about doesn’t matter as your confidence’ ‘It's important that you have a purpose to your speech,’ ‘Audience members will ask what’s in it for me?’ ‘Focus your speech on your audience, the benefits to them.’ ‘Practice, prepare and practice again.’ ‘Think about your net-time to practice; driving in the car.’ ‘People buy into people.’ ‘Your friends and family will either go really positive or hyper-negative.’ ‘Practice in private to present in public.’ ‘The objective for each speech is to be better than the last one.’ ‘Make small incremental changes, every time you practice a speech.’ ‘If you enjoy it then your audience will enjoy it even more.’ ‘The best speakers show confidence, charisma and a connection with the audience.’ Valuable Resources Steve Jobs 1978 Speech: https://www.youtube.com/watch?v=Eb9YTXmPolo. Steve Jobs Stanford Speech: https://www.youtube.com/watch?v=UF8uR6Z6KLc. Steve Jobs 2007 iPhone presentation: https://www.youtube.com/watch?v=9hUIxyE2Ns8. ABOUT THE HOST Toni Gargan is a Double World Record-holding Public Speaker, Mentor, Entrepreneur, and Professional Property Investor. She acts as the Director at Owen Oliver Property, a family-run property investment company helping others gain passive income through investing. Aside from building her amazing property portfolio, she’s also a full-time mentor for property investors through Progress Property and Unlimited Success. Toni has since then discovered her true passion – helping others by training and mentoring through public speaking. She now hosts her own show, Presenting, Pitching & Public Speaking Podcast, which aims to help you be confident, improve your speaking & communication skills and present better for you, your team, and your business. CONTACT METHOD LinkedIn: https://www.linkedin.com/in/toni-gargan-627b0a100 Twitter: https://twitter.com/tonigargan?lang=en
The TalentGrow Show: Grow Your Leadership and Communication Skills
Hubris, according to author and leadership coach Bill Treasurer, is the single most lethal leadership killer. But how do we as leaders find a balance between building confidence in ourselves and staying humble? A ‘boomeranger’ on the podcast, Bill returns to the TalentGrow Show to share his advice on cultivating humility and deflating hubris as a leader. How can we create an atmosphere in the workplace where our team is comfortable sharing honest feedback with us? What are some hubristic behaviors we should watch out for? (Even Steve Jobs exhibited some of these!) Tune in to find out and get Bill’s advice for becoming a leader people want to follow. Listen and don’t forget to share this episode with others in your network! Shownotes: http://www.talentgrow.com/podcast/episode118 Apple Podcasts: http://apple.co/1NiWyZo Stitcher: http://www.stitcher.com/s?fid=62847&refid=stpr Google Play Music: https://play.google.com/music/listen#/ps/Ijwlgz7lklnxqnfzjna7gcr65be iHeartRadio Podcasts: http://www.iheart.com/show/263-The-TalentGrow-Show-Gr/ YouTube: https://www.youtube.com/user/TalentGrow Soundcloud: https://soundcloud.com/talentgrowshow Spotify: http://spoti.fi/2CpgIk1 Download the free guide: 10 Mistakes Leaders Make and How to Avoid Them http://www.talentgrow.com/10mistakes Don't forget to LEAVE A RATING/REVIEW ON APPLE PODCASTS! http://apple.co/1NiWyZo
In Episode 39 of Hidden Forces, Demetri Kofinas speaks with Mark Spiegel about how Elon Musk may very well be the personification of a bubble in tech. When asked to name a hero of the modern age, most people don’t have to think long before giving their answer. Elon Musk is the man who sits at the helm of this era’s most disruptive industries. Through SpaceX, Musk is democratizing space and leading humanity into an era that’s dominated by privately held companies — an era in which anyone can, quite literally, reach for the stars. His Boring company is set to revolutionize travel by making vacuum-powered, ultra-high-speed transportation systems a reality. And Elon Musk is even transforming that which is most immutable: the human brain. In 2016, Musk founded Neuralink to develop implantable brain-computer interfaces and meld the human mind with machines. Then, of course, there is Tesla, the electric car company that has shaken the foundations of the fossil fuel industry and given society its first self-driving vehicles. Or, has it? The cult of Elon Musk surpasses anything we have seen in decades. Even Steve Jobs did not command as much adoration from his congregations of the faithful. And yet, something is rotten in the state of Denmark… Tesla sits at the intersection of a number of powerful forces: the ready availability of cheap financing, the growing wealth and income gap, and the preponderance of technology in popular culture. In this sense, Tesla is about more than just electric vehicles or the car manufacturing business. It is a poster child for the financial excesses, stock price manipulations, and cult-like followings of Silicon Valley. And as the Federal Reserve continues to tighten by raising interest rates, companies like Tesla, which have relied on cheap financing in order to fund their businesses, are feeling increasing pressure. Exhibit A: the company’s stock, which was besieged by speculative shorts and heavy selling in March of this year. Tesla’s stock recouped more than half of those losses shortly thereafter but, serious questions remain about the company’s path towards profitability. Indeed, does it even have one? Even if Tesla can raise the capital it needs from investors over the next six months, can it manage to overcome the major production challenges that have plagued the Model 3? What happens when Jaguar, Audi, Mercedes, and Porsche each come to market with their own electric vehicles, some of which are cheaper than Tesla’s suite of electric cars? Finally, what about Elon Musk? The famous short seller Jim Chanos, who took down Enron in the early 2000’s for defrauding its investors, has made similar claims against the popular Silicon Valley car executive. And Chanos isn’t alone in his rebukes. Mark Spiegel, Managing Member and Portfolio Manager of Stanphyl Capital Partners, has also been openly critical of Elon Musk, whom he believes is committing securities fraud by misleading investors about the capabilities of Tesla's present and future products and financial prospects. In last week’s episode, we asked about the path towards profitability for Tesla. In this week’s episode, host Demetri Kofinas is joined by Mark Spiegel, who questions the credibility of Elon Musk as CEO of the electric car company. We examine whether Tesla can survive the onslaught of bad publicity amid a rocky period for capital markets and for the company’s stock. Ten years from now, will we look back at Tesla as the poster child for this latest bull market? As always, this episode of Hidden Forces is for informational purposes only and should not be relied upon as the basis for financial decisions. All views expressed by Demetri Kofinas and podcast guests are solely their own opinions and should not be construed as financial advice. Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod
When Apple set out to build a smartphone, the team tasked with doing so didn't planon changing the world.It didn't foresee theApp Storebecoming a billion-dollar business full ofbillion-dollar businesses like Uber, Snapchat, andWhatsApp. It wasn'ttrying to reinvent howpeople communicate, shop, and even hook up. It was tryingto buildan iPod that made phone calls.
Visual communication always gets more attention than written or verbal alone. And with the information and media-overload that everyone now experiences, visual communication is no longer an option when you are trying to influence, lead, or even simply inform people. You can’t assume that sharing information is enough. Even Steve Jobs, when presenting to already-passionate […] For additional content and links, visit http://www.EngagingLeader.com
Why Even Steve Jobs Didn't Launch Platforms. by scobleizer