Archive for April, 2009.

Personal Branding Simplified

Posted on April 28th, 2009 by admin in Personal Branding

By Mike Myatt, Chief Strategy Officer, N2growth 

5 Attributes of Personal Branding

Great personal brands are simple, understandable, and straight forward in their brand promise. If you want to create a strong personal brand do yourself a favor and avoid the hype and rhetoric being espoused by the masses of overnight personal branding experts who have suddenly flooded the marketplace. Most so-called personal branding gurus are more akin to modern snake-oil salesmen than they are legitimate professional services providers. Personal Branding as a marketing discipline has regrettably been diluted by the hordes of attention seeking purveyors that seek to separate you from your money by confusing hype with branding. Hype and spin have little to do with creating a growing and sustainable personal brand. Personal brand equity is built over the long-term by doing the right thing, and adhering to the 5 personal branding attributes (see above) that I developed more than a decade ago. 

 


Nationalizing GM

Posted on April 27th, 2009 by admin in Miscellaneous, Politics

By Mike Myatt, Chief Strategy Officer, N2growth 

Nationalizing GM 

General Motors fell on its sword today essentially offering itself up for nationalization. In a previous post entitled “Good Money After Bad” I warned of the evils of government intervention into private enterprise, and now I’m afraid we’re about to reap what we’ve sown. Nothing good comes of bailing-out failed entities. The only thing this exercise in frivolity accomplished was to delay the inevitable, and to waste more taxpayer money. The “Financial Times” had a good piece on this sad moment in American history which I would recommend reading.

 


CEO Surveys

Posted on April 27th, 2009 by admin in Miscellaneous, Uncategorized

By Mike Myatt, Chief Strategy Officer, N2growth

What do they really say?Do CEO Surveys constitute a reliable bellwether, or are they little more than well packaged corporate propaganda pieces? The answer is yes on both accounts. Not only does N2growth conduct CEO Surveys, but so do most other consultancies. It has been my experience that the determining factor in whether or not CEO surveys are reliable can be found solely in whether or not the data is being published for external consumption. In today’s post I’ll share some thoughts about how to discern the value (or lack thereof) of CEO surveys.

 


Business Process Meets Advertising

Posted on April 27th, 2009 by admin in Branding & Identity, Mediums & Markets

By Mike Myatt, Chief Strategy Officer, N2growth 
The Landscape Is Changing
Business process meets advertising…it’s about time. I have often been critical of the advertising industry for not adapting to the consumer driven world of social media, and the cross platform nature of what today’s mediums offer. In “Ad Agencies Just Don’t Get It” I criticize their inability to differentiate media buying from branding due to huge conflicts of interest. I was shocked to stumble upon some of the best commentary on the advertising and media space that I’ve read in quite some time being generated by IBM. Will technology consultancies overtake traditional ad agencies at their own game? If IBM’s work is indicative of things to come, traditional ad agencies should be very, very concerned…  

 


Term Sheet Generator

Posted on April 23rd, 2009 by admin in Financing - M&A

By Mike Myatt, Chief Strategy Officer, N2growth

Only the good term sheets get signed...Term Sheets are a foundational element in justifying your valuation logic. Over the years I’ve had the opportunity to view some absolutely brilliant term sheets, and regrettably, I’ve also reviewed more than my fair share of laughable terms sheets. Guy Kawasaki turned me on to this term sheet generator tool provided by the law firm of Wilson, Sonsini, Goodrich & Rosati. While certainly not perfect, it produces something far better than most term sheets I see. However if you use the output of this tool as a baseline for further refinement and customization, you’ll have a term sheet rooted in logic and substance that can also tell your story in a uniquely branded fashion. If the term sheet generator doesn’t work for you, forget about suing as the use of the tool comes with a plethora of indemnifications and disclaimers…after all, it is produced by a law firm.

 


Too Good To Pass Up…

Posted on April 21st, 2009 by admin in Best Video Blogs

By Mike Myatt, Chief Strategy Officer, N2growth

I hope you’ll forgive my indulgence, but this was just too good to pass-up…

 


Are You a Hypocrite?

Posted on April 20th, 2009 by admin in Communications

By Mike Myatt, Chief Strategy Officer, N2growth

Don't be a Hypocrite...Are you a hypocrite? Most people will answer no to this question because they don’t see themselves in that way. However if you’re being honest, you’ll recognize that all of us can find ourselves being hypocritical at times. That being said, some people are particularly good at being hypocrites, and sometimes it’s easy to think that those who are deceiving others are enjoying it.  Leon Festinger would beg to differ.

 


Disaster in the Making…

Posted on April 17th, 2009 by admin in Miscellaneous, Politics, Rants

By Mike Myatt, Chief Strategy Officer, N2growth

Say it ain't soIn today’s post I’ll give President Obama a break on his domestic policy, but I cannot give him a free pass on his foreign policy agenda (or lack thereof). I can’t recall a President in modern times who has exhibited more foreign policy naivete than Barack Obama. He has the uncanny ability to make the wrong move, at the wrong time, and in the wrong place. His apologetic statements at the G20, allowing North Korea to launch a long range missile, continuously falling prey to the lulling tactics of Mahmoud Ahmadinejad, bowing to the Saudi King, and giving Hugo Chavez a propagandist photo opportunity are nothing compared to his decision to release top secret” CIA memos on interrogation methods. In today’s post I’ll explain why this President and his administration are in way over their heads…

 


What would you do?

Posted on April 16th, 2009 by admin in Miscellaneous

By Mike Myatt, Chief Strategy Officer, N2growth

What would you do?What would you do if you didn’t need to work? Golf, travel, volunteer, spend time with family and friends, teach, go into politics, and the list could go on…A friend of mine called me today, told me that the sale of his business had closed, and that he had enough money to never need to work again. He informed me that he had put together a list of people he respected and was calling to ask what I would do if I didn’t have to work again. I was pleased to have made his list, was impressed with his logical pursuit of advice and counsel, but wasn’t at all surprised that he was searching for a bit of direction. While many entrepreneurs tirelessly seek their exit by disposition, few have spent a great deal of time planning what life after work looks like. In today’s post I’ll share a few thoughts on planning for the future…

 


Marriott Nixes Newspapers…

Posted on April 13th, 2009 by admin in Miscellaneous

By Mike Myatt, Chief Strategy Officer, N2growth 

Marriott Nixes NewspapersOne company’s green initiative can definitely have a negative impact on another company’s profits. In yet another nail in the old-media coffin, Marriott announced today (see Reuters article) that it will make the long standing hospitality ritual of door-dropping newspapers optional for its guests. With more-and-more companies ”Going Green,” I believe it is quite likely that many other hotel chains will follow suit adversely impacting an already beleaguered industry.  I would recommend reading a previous post entitled “Innovate or Perish” in which I pointed out a few lessons that can be learned from the newspaper industry’s mistakes.