Start up

Breaking a Solution Ahead of Time

When it comes to business practices, what you’re confident about today may be proven wrong tomorrow. I’ll explain.

When I was a kid, I’d go to the candy store and spin the squeaky, revolving rack of comic books to see if it held a new issue of “Sergeant Fury,” “Captain America,” “Iron Man,” “Spider-Man,” or “Thor.” If I spotted one, I’d stare at its cover for a minute or two to get a sense if the story hidden inside promised to be worth twelve cents (or twenty-five cents for a double issue).

Why didn’t I judge the comic by thumbing through it? If I tried, the store owner would lean over his counter and shout: “This isn’t a library. Are you looking or buying?”

I’d be forced into buying, because “looking” was akin to theft.

When I was growing up, most stores dissuaded you from sampling a product. Their reasoning? Maybe they thought if you got even a taste for free you wouldn’t value the product enough to pay for it. Maybe they wanted customers to absorb the transactional risk and judge the quality of a product on their own dime.

Such thinking now, of course, is considered unenlightened. It hinders sales. Instead of keeping products away from customers, businesses try hard to get them into people’s hands.

Want to play around with a software program? No problem. Go for the free ninety-day trial and see if you like it. Want to know if a certain car hugs the road? Don’t sweat it. Take the auto home for a few days and test it.

Going from the “no sample” strategy to the “try the complete product for free” strategy is a radical about-face. But you and I have seen other strategy reversals just as drastic.

Years ago, it was assumed that the smartest person in most companies was the leader. After all, the leader was in charge of the organization for a reason. In many organizations, that thinking has now changed. They believe in the genius of the group, and think its people are smarter in the aggregate than they are separately. These organizations put collaboration tools in place, so people can more closely work together.

Along the same lines, many organizations used to assume that their employees couldn’t be trusted with sensitive information; the hierarchy, therefore, hoarded data. Now, thanks to the influence of practices like Open Book Management, certain leaders share financial and strategic information with the company, so employees can take responsibility and make better educated business decisions.

I could go on recounting business strategies, like Reengineering and Management by Objectives, which were once thought to be best approach to solving a particular problem, but are now looked upon, at best, as one tool in a diverse strategy toolkit. But I won’t. I know you get the picture.

The point I’m driving at is this: Right now, you and I are using strategies in our business that will, one day soon, be thought of as wrongheaded. We’ll look back and think, “How could I have wasted so much time believing that?” or “focusing on that?” or “doing that?”

Rather than waiting for that day to come, get a jump on uncovering those strategies and on hatching alternate ways of doing things.

Think of it as a game. Look at how you prospect and sell. Look at your products and services. Look at your infrastructure and how you get things done. Look at your pet philosophy and manifesto ideas.

Even if what you’re doing is working, pretend it’s not. Pretend it’s broken and you’ve got to come up with something new – you have no option.

What would you try?

Is there a way, even a small way, of trying it now?

Nick Corcodilos’s Best Consulting Tip

Nick Corcodilos is one of the smartest people I’ve ever met. Present him with a knotty problem, and he’ll figure it out in minutes.

Nick’s writings on how to get a job, no matter what the market conditions, have garnered him millions of readers. In particular, his site, Ask the Headhunter, is one of the web’s most widely-read spots on job hunting.

Now, you might not be looking for a job. You might, in fact, be self-employeed. No matter. Nick’s insights on how to present information intelligently and ethically are so good, that you need to read his material anyway.

Nick also consults to individuals and organizations. I asked for his best consulting tip, and this is what he said:

Making Independent Musicians Independent

My client, Jill Maurer, has a business that’s a week old. It’s called Bukoomusic. Here’s the story behind how it started.

A couple of years ago, Jill and a friend were sipping wine in a restaurant, when they saw a young waiter they hadn’t seen for weeks. They asked where he’d been, and he said he’d been on tour with his band. A couple of the other waiters, in fact, were his band mates. During the upcoming year, the group had lined up over 200 gigs.

Jill was impressed. Here was a group that could write and perform  their own songs, and arrange a lengthy tour. What puzzled her was why they still worked at the restaurant.

The waiter told her that without a record label backing the group, they couldn’t get enough exposure to break into the big time. They were knocking on record company doors, looking for representation, but still hadn’t caught a break.

Jill and her friend were back a few weeks later, when the waiter approached the table with good news. The group’s diligence had paid off, and they had secured a contract with a small label.

Jill again asked when he and his band mates would resign as waiters, so they could concentrate on playing music. The young man said they couldn’t ditch their jobs yet, since the deal they signed gave the label most of the rights to the music, as well as heavy creative control. They signed it because they didn’t think they had any options.

When Jill went home, she couldn’t stop thinking about what she’d heard. The idea that dedicated artists had to sign away the rights to their work and couldn’t make a living wage doing what they were born to do aggravated her.

What’s more, she thought about all the great music the listening public was missing out on, because the labels were acting as gatekeepers. Executives were deciding what constituted sellable music, and some of their decisions were likely based more on the artists’ looks and gimmicks than their sound.

That’s when Jill decided to start Bukoomusic. It would be a website that acted as a central location for all types of independent musicians: professionals, struggling artists, even novices who had never sung before an audience. Anyone who wanted to be on the site, could be on the site. (“Think ‘YouTube for audio,’ says Jill. “Anyone can put their work on YouTube regardless of its quality.”)

The musicians would upload their songs, and could either give them away to the public for nothing, or charge a nominal fee for each download.

Even better, these musicians would retain full rights to their work.

They also wouldn’t have to pay  for uploading their music to the site, and would only pony up a percentage of the actual sales if the public bought a download of one of their songs or albums.

After months of development, Bukoomusic went live last week. Jill, an experienced entrepreneur who cofounded the pioneering software company, SlickEdit, decided to do a soft opening so she could work out any bugs.

As of this writing, seven independent artists have uploaded songs and albums to the site. Take a listen. And, if you have any musical talent yourself . . . .