Saturday, August 9, 2014

Words Of Wisdom From The Experts

Chuck Blakeman is an entrepreneur, speaker, author, and incorporated columnist. His best selling book was, Making Money is Killing Your Business. Blakeman views are considered to push the envelope when it comes to starting a business plan. According to Blakeman, too much wasted time is put into planning for a business. The key point here is time is wasted in pre-planning stages, because the time that is put into planning can be put into action creating the business. Blakeman’s views make total since. He expresses in his article, How: the worst, most asked planning question, how mostly all successful companies had little to no pre-planning. He also expresses that everything that was planned, had been changed when the business started. Blakeman’s states,Never use “how” for long-range planning. Use “why”, “where” and “when” for the long-range stuff.” This concept makes total sense. It is very important to focus on short-term goals and go after them first. Once those short-term goals are accomplished, the long-term goals will be easier to reach. To get investors onboard this type of business plan would definitely have to be determined by the work that is being produce in those early stages. It could easily have a huge impact, if investors can see the quality of work that is being distributed. I will definitely use this idea while making plans for my business. It gives me a better perspective on what works now. That is exactly where my focus should be geared.

Blakeman, C. (2012). How: the worst, most asked planning question.
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Blakeman, C. Chuck Blakeman’s Twitter Page
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Spike Lee is a producer, director, writer, and actor who produce controversial films that focus on race, politics, and other popular problems in urban life. Lee discusses with Leitch in an interview on how much the film industry has changed when it comes to financing films. Lee’s films, such as Malcolm X and Do The Right Thing, were huge hit films back in the 80s and 90s. Today films like this wouldn’t get made. Lee expresses, “people want films to make a billion dollars now, and they will spend $300 million to make that billion. They are just playing for high stakes, and if it is not for high stakes, they figure it is not worth their while.” The key point here would be, the film industry has taken a turn, with more fictional films then reality. In order to get investors on your business plan in the film industry, you have to have a product that will not only sell, but also sell out with large returns. I would definitely have to consider this as I continue down my journey of film production. I recently learned that some times you have to do films that sell to get your name out there. Once you have a large fan base behind you, you can produce anything.

Leitch, W (2012). Spike Lee Talks Obama, the End of Mookie’s Brooklyn, and the Hollywood Color Line
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Spike Lee’s Bio
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