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Notes

Words To The Wi$e: “In more than [10] years in business planning, I am every day more convinced that what really works in business planning is to work on what I call planning process. That means you start with a plan that is no bigger than what you need to manage and steer your business, and then, as life goes on, you feed and grow and nurture that plan so it reflects the constant change that happens in business.

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Planning is about managing change, not avoiding change. What works is to start with a plan and then review and revise it regularly. Look at what really happened, and explore how and why it was different from what you planned (and it will be). Think about what that difference between planned and actual results means for the future. And then revise the plan.

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Steering isn’t setting your steering wheel once and holding it still; it’s setting your planned route and direction and then managing a long series of small changes. So is business planning.

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It’s a damn shame that people who could use planning regularly to run their own business, dismiss it because they have in their mind an unpleasant image of a formal business plan as a daunting task.

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Business Plans is not for everybody, but if your seeking outside investment then you must. You write the real plan first, then bring the ideas in it to investors in a streamlined (probably PowerPoint and in person) way, and you then you can prepare the big plan so they can see it before they invest.”

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"Plan your work, work your plan"


| #MULFMAB 4 $mart #business in #fashion, #music, #art & beyond.

Words To The Wi$e: “In more than [10] years in business planning, I am every day more convinced that what really works in business planning is to work on what I call planning process. That means you start with a plan that is no bigger than what you need to manage and steer your business, and then, as life goes on, you feed and grow and nurture that plan so it reflects the constant change that happens in business.

*

Planning is about managing change, not avoiding change. What works is to start with a plan and then review and revise it regularly. Look at what really happened, and explore how and why it was different from what you planned (and it will be). Think about what that difference between planned and actual results means for the future. And then revise the plan.

*

Steering isn’t setting your steering wheel once and holding it still; it’s setting your planned route and direction and then managing a long series of small changes. So is business planning.

*

It’s a damn shame that people who could use planning regularly to run their own business, dismiss it because they have in their mind an unpleasant image of a formal business plan as a daunting task.

*

Business Plans is not for everybody, but if your seeking outside investment then you must. You write the real plan first, then bring the ideas in it to investors in a streamlined (probably PowerPoint and in person) way, and you then you can prepare the big plan so they can see it before they invest.”

*

"Plan your work, work your plan"


| #MULFMAB 4 $mart #business in #fashion, #music, #art & beyond.

2 Notes

We love to build & grow companies and when we work with them we tell them to think like this. #MULFMAB 4 $mart #business in #fashion, #music, #art & beyond.

We love to build & grow companies and when we work with them we tell them to think like this. #MULFMAB 4 $mart #business in #fashion, #music, #art & beyond.

Notes

Getting Ready: For our @sxswv2v panel tomorrow here in #LasVegas. The panel will discuss how to deal with FEAR when building a #brand and a #business and more. If your in Town please join us @ 1:45pm at Belmont 1


Details: Summary
#otherFword
#SXSWV2V
#SXSW

“Doubt Kills More Dreams than Failure Ever Will” 

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Failure, rejection, ridicule, disappointment and the unknown are all powerful fears that can keep us in our comfort zones and hold us back from our reaching our creative potential. Fear can prevent us from thinking up ideas and also hold us back from sharing ideas.

*

Today the stage is more public than ever before with 24/7 connectivity to the web; the audience is louder and more critical; and our social currency more profoundly tied to our online extensions and credibility. Once you put your idea out there will it be accepted, criticized, or worst yet, not heard at all?


*


The panel that explored creativity at the inaugural SXSW V2V is going further this year to address fear as part of the creative process – how it can hold us back and propel us forward. The panelists from the fields of tech, fashion and art are diving into fear and creativity so the audience will leave more fearless in their own creative endeavors.


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- See more at: http://schedule.sxswv2v.com/events/event_V2VP28475#sthash.PxnLRm7v.dpuf  | #MULFMAB 4 $mart #business in #fashion, #music, #art,  & beyond.

Getting Ready: For our @sxswv2v panel tomorrow here in #LasVegas. The panel will discuss how to deal with FEAR when building a #brand and a #business and more. If your in Town please join us @ 1:45pm at Belmont 1


Details: Summary
#otherFword
#SXSWV2V
#SXSW

“Doubt Kills More Dreams than Failure Ever Will”

*

Failure, rejection, ridicule, disappointment and the unknown are all powerful fears that can keep us in our comfort zones and hold us back from our reaching our creative potential. Fear can prevent us from thinking up ideas and also hold us back from sharing ideas.

*

Today the stage is more public than ever before with 24/7 connectivity to the web; the audience is louder and more critical; and our social currency more profoundly tied to our online extensions and credibility. Once you put your idea out there will it be accepted, criticized, or worst yet, not heard at all?


*


The panel that explored creativity at the inaugural SXSW V2V is going further this year to address fear as part of the creative process – how it can hold us back and propel us forward. The panelists from the fields of tech, fashion and art are diving into fear and creativity so the audience will leave more fearless in their own creative endeavors.


*


- See more at: http://schedule.sxswv2v.com/events/event_V2VP28475#sthash.PxnLRm7v.dpuf | #MULFMAB 4 $mart #business in #fashion, #music, #art, & beyond.

Notes

Listen to this:  WuTang Clan at Red Bull Music Academy discussing their new chambers of focus - everything from creativity, business, and music, to team development, organizational harmony, and socio-economics.

It’s good to see the maturation of hip hop culture reflected through the eyes of its own prodigal sons - now pillars of the hip hop community and music icons in their own right.  Indeed, these guys have etched their own unique story into the annals of music history.

I’m always happy to see talks & lectures like this one come to light…Especially for early-stage businesses and creatives from all walks of life.  Whether wayward and languid, or focused and motivated, I believe the experiential ‘bread crumbs’ that are left behind or offered up from these discussions as guidance, are beacons of light on the road to one’s perceived ideal of success.  

If not for the direct gleaning of tactical, industry-specific information, then for the ability to push listeners beyond their own psychological boundaries - to establish new expectations for what’s possible, and to connect with perhaps a shared experience that gives the listener enough hope to continue the often long journey toward their goals.

posted by Kwasi Gyasi of MyUberLife

2 Notes

Zane Lowe interviews Rick Rubin | Lessons in Artist & Business Development

Watching radio DJ / record producer / television announcer, Zane Lowe interview legendary music producer and all around sonic icon, Rick Rubin on BBC Radio 1’s youtube channel.  During the discussion, I stumbled upon some interesting commonalities with our approach to business development and Rick Rubin’s methodology towards music production.

Likewise to Mr.Rubin, the MULFMAB process involves defining our clients’ value propositions (with regard to their customer base), and then zeroing in on one or more aspects of these value offerings - focusing on the ones that differentiate our client from everyone else in their market.  Then we amplify those characteristics throughout the entire development process to maximize its potential effect on the customer at every point of interaction with the client’s brand.

Ultimately, the goal here is to find the unique selling proposition (USP). Why? Because building customer loyalty often takes a tremendous amount of time and effort.  It’s often a painstaking process that involves consistency, attentiveness - and most of all - trust.

To help promote an enduring relationship with your customer, it helps to identify, as early as possible, the elements of your offering and/or the key components of your brand that give your customers something they can’t get from anyone or anything else.

It doesn’t necessarily have to be a tangible product or service either. It could be as simple as a feeling or vibe, something that resonates with your customers’ beliefs or points of view.  Whatever it is, make sure it’s aligned with your intended audience’s frame of mind.  If generating sales is your chief concern, then their opinion comes before your own.  

Thoughts to consider as you dig into your next project.

posted by Kwasi Gyasi of MyUberLife

1 Notes

50 VC and Angel Investors Every Entrepreneur Should Know

Key figures to know in the VC and Angel investor community whether you’re in the fashion, music, or art industries; whether you are a startup or established brand. Compiled by AlleyWatch.

Via AlleyWatch:

What’s the next big thing? There’s a good chance someone on this list is either starting it or funding it. The investors below have been a there as founders or investors for many of the companies that have shaped the internet  like Amazon, eBay, AOL, Paypal, Facebook, Twitter, Google and many more. These investors have had incredible success and are major players in the tech industry.

Even if you never have the opportunity to work with them they can provide you with incredible insight into the tech world as well as provide an unlimited amount of knowledge and expertise for achieving whatever you want.

Ron Conway

About: Referred by some as a super angel of Silicon Valley, Conway has been an active member of the tech sector for over thirty years. Previously, he was the founder and partner of the Angel Investors LP, which invested in big name companies like Google. Prior to being an angel investor, Conway was the co-founder of Altos Computer Systems, which went public in 1982. He was also the CEO of Personal Training Systems, which was acquired by SmartForce/SkillSoft.

Firm: SV Angel & Start Fund

Investments: AddThis, BuzzFeed, Pinterest, TweetDeck

Continue reading…

Notes

Brilliant.

"Christian Dior Haute Couture #AW14 #dior #diorcouture" #peter860

Notes

"Listen to many, speak to a few."-William Shakespeare
When building a business and building its brands, the most important opinions are the ones coming from your target audience - not from every audience, but your target audience. Don’t be distracted. Brands are built to match a SPECIFIC audience’s mindset; what may be in poor taste for another, may be in good taste for the other. Build to the taste of your target audience.
* How to pick the right market & audience? Picking the right audience is always based on Social & Economic factors. Ex. ASKING questions like “Does this audience have disposable income?” or “Does this audience buy passionately?” or “Can I meet some of this audiences needs & desires?” and “Do I understand the way this customer sees the world?” plus several more.
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Also: Often in our Consulting work, we find many Creators targeting themselves and their individual mindset, making false assumptions on customer sentiment, rather than accounting for the ACTUAL customer. We have to be careful not make the assumption that the way we see the world and the way we buy products is equal and congruent to the way our customers’ see the world.
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Brand building is an exercise in constant observation & feedback, using the findings as info to guide design, product, service & brand. Don’t ignore the customer, or pay the price. | #MULFMAB 4 $mart #business in #fashion, #music, #art, & beyond.
posted by Jey Van-Sharp of MyUberLife

"Listen to many, speak to a few."-William Shakespeare

When building a business and building its brands, the most important opinions are the ones coming from your target audience - not from every audience, but your target audience. Don’t be distracted. Brands are built to match a SPECIFIC audience’s mindset; what may be in poor taste for another, may be in good taste for the other. Build to the taste of your target audience.

*
How to pick the right market & audience? Picking the right audience is always based on Social & Economic factors. Ex. ASKING questions like “Does this audience have disposable income?” or “Does this audience buy passionately?” or “Can I meet some of this audiences needs & desires?” and “Do I understand the way this customer sees the world?” plus several more.

**

Also: Often in our Consulting work, we find many Creators targeting themselves and their individual mindset, making false assumptions on customer sentiment, rather than accounting for the ACTUAL customer. We have to be careful not make the assumption that the way we see the world and the way we buy products is equal and congruent to the way our customers’ see the world.

****

Brand building is an exercise in constant observation & feedback, using the findings as info to guide design, product, service & brand. Don’t ignore the customer, or pay the price. | #MULFMAB 4 $mart #business in #fashion, #music, #art, & beyond.

posted by Jey Van-Sharp of MyUberLife

1 Notes

"The only failure is being afraid to fail." #riskeverything #usmnt 

As a South American living in #NYC, proud of the USA performance. Kids hav been inspired & the QUALITY will come. 

As a Business Consultant, assisting #fashion, #music, #art companies, this match was a reminder to never give up on your dreams. Whether you have been in the game for while or just starting out, the reality of life is that you will loose battles, but keep your eye on the long term bigger picture always and never give up. Even in defeat,  there is much to learn.

#WorldCup2014 #USAvsBEL #MULFMAB #Nike

"The only failure is being afraid to fail." #riskeverything #usmnt

As a South American living in #NYC, proud of the USA performance. Kids hav been inspired & the QUALITY will come.

As a Business Consultant, assisting #fashion, #music, #art companies, this match was a reminder to never give up on your dreams. Whether you have been in the game for while or just starting out, the reality of life is that you will loose battles, but keep your eye on the long term bigger picture always and never give up. Even in defeat, there is much to learn.

#WorldCup2014 #USAvsBEL #MULFMAB #Nike

Notes

Love Thy Customer: “Every company’s greatest assets are it’s customers, because without customers there is no company, there is no ‘good’ product & there is no ‘good’ anything. Listen to the customer. Respect the customer. Create for the customer. ” | #MULFMAB 4 #business sobriety in #fashion, #music, #art & beyond.

Love Thy Customer: “Every company’s greatest assets are it’s customers, because without customers there is no company, there is no ‘good’ product & there is no ‘good’ anything. Listen to the customer. Respect the customer. Create for the customer. ” | #MULFMAB 4 #business sobriety in #fashion, #music, #art & beyond.

Notes

Kris Van Assche (@kris_van_assche) on his 10th anniversary of his namesake label & off the heels of his recent men’s S/S 2015 show shared some of his business insights about finance, business plans, & retail with Business of Fashion (@BOF) that is valuable for the up and coming designers. 


Van Assche needed a business plan, something he resisted at first. “It’s not that I didn’t care about the business side, but at Yves Saint Laurent and Dior, I had learnt that everyone should be doing what they’re best at. And I knew that coming up with a business plan wasn’t my forte.”..

“My first reaction was, ‘I don’t know how to do a business plan, I am not going to do it. You’re the business people, you take care of it, I’ll make the clothes.’ But they said ‘No, you want your company, you come up with a business plan.’ It was one of the best things that ever happened to me, because it made me take responsibility and learn.”….

Then, there’s what Van Assche calls fashion’s number one rule: “The more you sell, the more you are in trouble.” Van Assche thought after his first show he would have around 15 clients. Instead, 45 retailers placed orders. “That sounds great but it also means you have to make the stuff, buy the fabrics and finance the production. Then you send the clothes in June but people don’t start paying until July and we just didn’t have enough cash for all that. The bigger you become, the more money you need.” 

Business101: It isn’t a decision of “either or” it is simply “And”. Creative ‘and’ Business minds are both needed in the fashion, music & art industries. There must be an understanding of both sides of the coin [figuratively & literally] to have a solid business.

Posted by Winston Peters of MyUberLife 

Notes

Valuable Advice From Designer #KrisVanAssche:

* […] Learnings from his early stints at Yves #SaintLaurent and #DiorHomme were more practical that creative. “I got to see how a collection is constructed from day one and all the departments around it, like publicity, marketing, et cetera, 

*

The designer says his years assisting Hedi Slimane were “a six-year reality check.” He also discovered that “it’s not enough to be good designer; you need to be surrounded by a really good team. Because there’s only so much you can do yourself and everybody needs to do what they are good at.

**

Van Assche needed a business plan, something he resisted at first. “It’s not that I didn’t care about the business side, but at Yves Saint Laurent and Dior, I had learnt that everyone should be doing what they’re best at. And I knew that coming up with a business plan wasn’t my forte.”

Rescue, came through friends and Van Assche’s willingness to ask for help. “I ended up working on a business plan with people I had never met before, but who I was introduced to through friends that were tired of hearing me talk about my struggles. One of them was a banker. I would explain to them how I saw things and they helped me put it into realistic terms.”  

***

“My first reaction was, ‘I don’t know how to do a business plan, I am not going to do it. You’re the business people, you take care of it, I’ll make the clothes.’ But they said ‘No, you want your company, you come up with a business plan.’ It was one of the best things that ever happened to me, because it made me take responsibility and learn.”

****

| #MULFMAB reminding you to build a balance team by mixing Creatives with Business Minded People and also encouraging you to reach for help when needed. We are all good at certain things, and although we should always push to learn more things, time is limited,  so reach out to those who can help you grow. 4 $mart #business in #fashion, #music,  #art & beyond.

Valuable Advice From Designer #KrisVanAssche:

* […] Learnings from his early stints at Yves #SaintLaurent and #DiorHomme were more practical that creative. “I got to see how a collection is constructed from day one and all the departments around it, like publicity, marketing, et cetera,

*

The designer says his years assisting Hedi Slimane were “a six-year reality check.” He also discovered that “it’s not enough to be good designer; you need to be surrounded by a really good team. Because there’s only so much you can do yourself and everybody needs to do what they are good at.

**

Van Assche needed a business plan, something he resisted at first. “It’s not that I didn’t care about the business side, but at Yves Saint Laurent and Dior, I had learnt that everyone should be doing what they’re best at. And I knew that coming up with a business plan wasn’t my forte.”

Rescue, came through friends and Van Assche’s willingness to ask for help. “I ended up working on a business plan with people I had never met before, but who I was introduced to through friends that were tired of hearing me talk about my struggles. One of them was a banker. I would explain to them how I saw things and they helped me put it into realistic terms.”

***

“My first reaction was, ‘I don’t know how to do a business plan, I am not going to do it. You’re the business people, you take care of it, I’ll make the clothes.’ But they said ‘No, you want your company, you come up with a business plan.’ It was one of the best things that ever happened to me, because it made me take responsibility and learn.”

****

| #MULFMAB reminding you to build a balance team by mixing Creatives with Business Minded People and also encouraging you to reach for help when needed. We are all good at certain things, and although we should always push to learn more things, time is limited, so reach out to those who can help you grow. 4 $mart #business in #fashion, #music, #art & beyond.

Notes

The #MULFMAB Consultants focused this morning and 4 $mart #business in #fashion, #music, & #art everyday.  | #ThomBrowne #ss15 #menswear

The #MULFMAB Consultants focused this morning and 4 $mart #business in #fashion, #music, & #art everyday. | #ThomBrowne #ss15 #menswear

Notes

No I in team. No Company with out people.  No brand without culture.  | #MULFMAB 4 $mart #business in #fashion, #music, #art & beyond.

No I in team. No Company with out people. No brand without culture. | #MULFMAB 4 $mart #business in #fashion, #music, #art & beyond.

Notes

Gave This in ‘98, happy to give this again in 2015. Shouts to Riccardo (@riccardotisci17) & the @givenchyofficial team. Big ups on the stocking cap paring; brimgs me back to the Sir Benni Miles days. Can see this vibe flying of the racks. Life imitates art, art imitates life, the streets imitates fashion, & fashion imitates the streets. Market Cycles| #menswear #SS15 #paris

Gave This in ‘98, happy to give this again in 2015. Shouts to Riccardo (@riccardotisci17) & the @givenchyofficial team. Big ups on the stocking cap paring; brimgs me back to the Sir Benni Miles days. Can see this vibe flying of the racks. Life imitates art, art imitates life, the streets imitates fashion, & fashion imitates the streets. Market Cycles| #menswear #SS15 #paris

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