Showing posts with label product management. Show all posts
Showing posts with label product management. Show all posts

Monday, January 6, 2014

Leadership Value of the Day: Understanding life as a production triangle.


Leadership Value of the Day: Understanding life as a production triangle.



When I was starting out as a videographer, I knew very little about the business of production, and I knew even less about the uphill battle I would face to change my life after sitting out of school for ten years. All I did know was that I wanted to do something that I had always dreamed I could, but had been told was impossible. From the outside in it looked simple. Pick up a camera film some stuff edit it and there you go. It is like life that way. We can often see the things others should do but have difficulty knowing what steps to take on our own. Then one afternoon as I was explaining the production triangle to someone else as it was explained to me it dawned on me that this simple break down could also apply to life.  Maybe I am getting ahead of myself. How many people reading this know what the production triangle is, ok by show of hands now… Oh, I see. Please allow me to explain then. The production triangle is a triangle, of course, but it represents the three main aspects of a production. On one side there is Time, on another Money, and on the final side Quality. Now the deal is you can only have two sides of the triangle at any given time. For instance you can get something done fast and if you want it to be quality work, it will cost you more money, or you can save money and it is going to take longer to get the same quality, or you can get it fast and cheap but needless to say the quality won’t be there. Do you see how this works? Ok so where was I … oh yea ok so life is just like this. You can choose to work hard and sacrifice and pull yourself closer to greatness, or you can choose to have a good time and indulge all of the little things that you want but you will sacrifice the ability to become great. The point of it all is that in this life you have to choose what it is you are willing to sacrifice to get to where you want to be. If you can’t remember all of that just think of it like this; at any given time you will only get two of the things you want, so you should make sure that the two things you choose are helping you reach your goals and not a sacrifice that you will have to make up for later and possibly never gain the ground you lost. After ten years out of school I was blessed enough to be surrounded by people who saw the potential in me to do something more with my life. Sometime we don’t get a second chance, so we don’t have the luxury of mindlessly wandering hoping it will all work out in the end. Be diligent in your journey and intelligent in your decisions if you desire to be great.

Sunday, August 7, 2011

A Picture's Worth...More than you think.

Every performer focuses their attention to the climb of what seems to be an insurmountable amount of obstacles to raise themselves to the level where they are a household name. Be it dreams of starring in their own show or performing to that sold out crowd artist just want the love and admiration of their fans. However many artist fail to attain the proper amount of business knowledge that will help to protect the very thing that they have worked and clawed so hard to forge, their image and likeness. This is something that may not be as important to some performers in the early stages of their careers, however it can comeback to be the difference between the freedom to pick and choose a role or having to jump at anything offered to you. Sometimes having the knowledge of the business is still not enough to secure that you will be paid fairly and timely for the use of your image and likeness.
This is the case for David Cassidy. Many remember David from his four-year stretch on The Partridge Family. David was not naive of the importance of his image even as a young twenty-something actor. His contract spelled out specific percentages for his compensation before and after the show aired, as well as how he was to be compensated if he appeared with other cast members. Unfortunately Mr. Cassidy is now having to as Sony Pictures, to honor the contract they originally agreed to. ">

This is not the first case of actors or artist not being compensated for the use of their likeness to make a profit. The actors from the popular television series Happy Days are filling a lawsuit against CBS studios for the same reasons."> These actors openly state that they were not business people when they signed their contracts. However the clause for their likeness is in their contract, but for 37 years they had not pursued the monies owed them because of their own naivety. The bottom line is in the entertainment industry you have to be as vigilant to protect your image and collect money that is owed to you, as you have to be in seeking out the roles to help grow your career. Having the proper management is key. You must either be well versed in business enough to be able to protect your own self interest, most artist when they start off are not, or you have to be smart enough to higher someone that has your interest tied in with their own.

Industry Lesson #1 be vigilant in knowing your business, and craft.
Source:"http:////money.cnn.com/2011/08/04/news/companies/david_cassidy_partridge_family_lawsuit/index.htm">