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Posted: 7/25/2011 - 0 comment(s) [ Comment ] - 0 trackback(s) [ Trackback ] - 0 Likes
Category: Other

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Josh Linkner's Blog   
Josh Linkner  The Man Behind the Magic  

Monday, July 25, 2011

 

This past week was truly a "magical" one for me.  Earvin "Magic" Johnson, the hall of fame basketball star, brilliant entrepreneur, and generous philanthropist joined my venture capital firm, Detroit Venture Partners, as our fourth partner.  His extensive involvement will help Detroit rebound by creating jobs, urban renewal, and hope.

 

Magic Johnson Spending the day with Earvin reveals something much more than his legendary stats and accomplishments, however.  His rarified level of achievement is actually overshadowed by his warmth, humility, and passion.  He doesn't talk of money, power, and fame.  No words of crushing the competition, self-enrichment, or glory.  In the place of typical boastfulness that oozes from so many celebrities lie words of encouragement and purpose. Beneath the surface, I quickly discovered a whole new kind of magic.

 

His most important teachings are not mastering a jump shot or commanding a boardroom.  The lessons we can all learn from Earvin relate to being a better human being.  So I want to share my observations with you, in the hopes that we can all benefit from learning a little magic:

 

MAGIC TRICK #1: Make everyone feel special.  Whether he's talking to the President or the parking attendant, Earvin is totally engaged.  He's an incredible listener, makes you feel like you are the most important person in the world, and cares deeply about you.  He doesn't size someone up and consider how he could extract benefit.  Instead, he looks into the eyes of the person, not their resume.

 

MAGIC TRICK #2: Develop boundless humility.  Many celebrity athletes and business leaders overflow with ego and pretense.  They travel with an entourage, drape themselves with bling, and anoint themselves king of every situation.  Earvin is exactly the opposite.  He celebrates the accomplishments of others over his own.  He's grateful for each opportunity and just wants to contribute.  No entitlement thinking.  No outrageous demands.

 

MAGIC TRICK #3: Focus on impact, not money. In the discussions leading up to our new partnership, the focus was always on making a difference.  We talked about how we can create jobs, how we can help talented entrepreneurs win, and how we can rebuild our beloved city.  Earvin keeps his eye on the real prize - driving positive change in the world.  And from there, money follows as a byproduct.  I've learned over the years that if you chase cash, you'll seldom find it.  Pursue greatness instead, and your earnings will rise in the process.

 

I'm certainly never going to win an NBA championship, but I grew as a person this week by hanging out with someone who transcends the world of athletics.  His thoughtful approach to both business and life is an inspiration to everyone he touches.  At 6'9", he's certainly tall.  But his character, strength, and honor are what make my friend Earvin a giant.

 

And that's the real magic.

 

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Posted: 7/17/2011 - 0 comment(s) [ Comment ] - 0 trackback(s) [ Trackback ] - 0 Likes
Category: Revitalization
 Karen Dumas 

 

BY KAREN DUMAS

DETROIT FREE PRESS GUEST WRITER

For far too long, Detroit has been experiencing "a comeback." Whether recovering from the riots of 1967, shaking the image of being the "murder capital" of the world, rebounding from the financial crash that disrupted the auto industry, or any other of a number of challenges, it seems Detroit is always "on its way."

At some point, we have to get to and acknowledge that we have arrived at the next step. Yet our validation seems to rest too comfortably in the effort.

The unfortunate reality here is that it seems our expectations -- of ourselves, each other and the city as a whole -- have become dormant. Perhaps it's the apathy that plagues our political elections, the disappointment with a struggling educational system, or simply that we no longer know what we can or should expect.

Yet Detroit deserves and is capable of being better -- much better. In order to realize what "better" is, we must stop duplicating efforts and practices that put us here in the first place. There is no success in the struggle.

We must first recognize that today's Detroit is not yesterday's Detroit. And that is not necessarily a bad thing. A smaller city can be a much better one if we make more responsible use of our land and limited resources; hence the importance of the Detroit Works Project. We can't continue to maintain a land mass for more than a million people with an ever declining tax base of just more than 700,000 residents.

Every resident must begin to realize the connectivity between paying taxes and city services. Taxes are the income of every municipality. On the other hand, those who provide services must realize that doing so at an optimum level -- even if it goes beyond their contractual obligation -- is the best way to keep their jobs. People leaving the city for lack of services will result in decreased need for those same services. No demand, no need.

Citizens must assume some liability and responsibility for helping to keep their city safe. As a large urban area, Detroit will have problems proportionate to its population. However, citizens who tolerate crime and criminal behavior until it personally impacts them are as guilty as any perpetrator. No matter how many officers are put on the street, there will never be enough to cover every square inch of the city. But neighbors who care, and are involved and intolerant, are the biggest deterrent to crime.

A sense of ownership in the city also will yield a level of pride seemingly lost during past decades. It's not someone else's responsibility to pull this city and its citizens up and out any more than it is the responsibility of each and every resident. Stop trashing the very street you live on, or the streets you ride or walk down. And stop buying into the mentality that Detroit is dead, dying or in need of some external force to "save" it.

From services to cleanliness to crime and education, it's time for everyone to own up to higher standards and expectations, individually and collectively. Mediocrity should be unacceptable, and the status quo should be a part of our past.

Detroit deserves better, and it's our responsibility to make it that way.

Karen Dumas is a lifelong Detroit resident and former communications director for Detroit Mayor Dave Bing
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Posted: 7/13/2011 - 1 comment(s) [ Comment ] - 0 trackback(s) [ Trackback ] - 0 Likes
Category: Creative

Marketers are working hard to turn word of mouth and social media marketing into sales. Guest blogger Cara Fuggetta, of social media marketing company Zuberance, offers advice on how top brand marketers, such as JetBlue and Microsoft, as well as agency Big Fuel, are achieving their successes.

Fuggetta drives corporate social media strategy and events for Zuberance. Follow her conversation on Twitter, where she connects with people spanning her interests (marketing, hip hop and San Francisco Giants fans) 140 characters at a time.

 

Do’s of Word of Mouth Marketing & Brand Advocacy

1. First and foremost, listen to your customers. Give them a chance to invest in your company with their wisdom, thought, and feedback. During JetBlue’s Spring Leadership Conference, they tweeted to their 1.6 million followers, “What would you say to JetBlue’s leadership in 140 characters?” The twitter replies were posted on the screen in front of every officer and director of the company.

2. Systematically identify your Advocates. Use the “Ultimate Question” to identify Brand Advocates: On a scale from 1-10, how likely are you to recommend our brand/service to a friend or colleague? 9’s and 10’s are considered “Advocates.” Microsoft’s SMB leverages multiple channels to identify Advocates including Facebook, Twitter and their Business Insights Newsletter.

3. Be relevant to your audience. Consider “The 6am test”- What’s important to consumers when they wake up? Be relevant to your audience on their agenda and tap into their interests. A great example of this is a recent campaign by Kotex called “What Fits You?” In efforts to reach a younger audience, Kotex interviewed thousands of female college students at 15 different campuses asking them to discuss what they’re passionate about. The hyper-localized video content was shared not only within the social networks of the individual colleges, but was also used for targeted commercials and on-site displays. As a result of the campaign, Kotex was able to sell a year’s worth of product in about two months.

4. Create a place for engagement. Create a community that facilitates engagement and dialogue among your Advocates. Microsoft has created a community where Microsoft Advocates and “experts” can talk among themselves and lend each other help with product issues. These Advocates offer their help because they like to be recognized for their expertise and out of their passion for Microsoft.

5. Make it easy to spread Word of Mouth. The key to energizing Word of Mouth is to make it easy for your Advocates to recommend. They are already evangelizing you in the offline world. Encourage them to make these recommendations on the social web by giving them the tools to write reviews, create testimonials, and share offers with their network. Remember, your Advocates are present across various channels, not necessarily just in one place. Be sure you are focused on engaging them where they are, not forcing them to engage where you want them to be.

Don’ts of Word of Mouth Marketing & Brand Advocacy

1. Don’t give influencers special perks. Don’t do anything for influencers that you wouldn’t do for all of your customers. Brands shouldn’t be giving away freebies to people based on the size of their following on the social web. “That’s just evil,” as Morgan Johnston of JetBlue put it. However, brands can align themselves with certain influencers in order to gain credibility, which allows brands to gain entry into a consumer pathway and to build advocacy through the influencer channel. Deliver your message across the social graph through both influencers (i.e. individuals with a substantial social following such as bloggers) and Advocates (who may or may not even have a Twitter or a Facebook.)

2. Don’t pay your customers to advocate your brand. Not only is it not needed, it’s wrong to make brand recommendations a quid pro quo. The last time you recommended a movie, hotel, or restaurant, were you paid? It is, however, appropriate to acknowledge and thank Advocates for being such valuable customers. One way to do this is to recognize and increase your Advocates’ status and reputation within the circle of your brand as a result of their loyalty, similar to how frequent flyers are able to board flights first.

3. Doing nothing is not an option. By not recognizing and engaging with your Advocates, you run the risk of converting them to detractors. Social media allows everyone to have a voice. You need to be listening and engaging across channels.

4. One size doesn’t fit all. Don’t launch a social media program because you feel you have to keep up with everyone else. Take the time to strategize and focus on what you are trying to achieve in your social marketing efforts and what value you should be providing your audience.

5. Fail fast and fail forward. Don’t be afraid to fail, but fail fast, which is one of TiVo’s mantras. Make sure you truly understand the reasons for failure and learn from it. When you find a social media tactic that works, move it from to experimentation to optimization and push down on the accelerator.

Fuggetta’s recommendations were taken in part from the conversation at a recent interactive panel discussion in New York City moderated by Advertising Age. You can find more on this subject from the recording and on-site interviews with panelists and attendees from the New York Brand Advocacy Series event and on Zuberance’s blog,Zuber RantsSocial Times profiled the Zuberance Advocate Platform as part of our What You Need to Know series.