Resources

Is a Joint Venture Right for Me?

Kelli Richards April 14, 2014

securedownloadOnce you’ve embraced collaboration as a means to achieve your highest potential in your project or venture, at some point you might start to see potential for more formal partnership.

Entering into a Join Venture is not something to undertake lightly. It is a major decision and requires careful consideration. Here are some of the basics of how Joint Ventures work and some key points to keep in mind when considering whether or not it’s the right move for your business.  

The ultimate goal of embarking on a JV is to expand your business, whether by developing new products or moving into new markets. JV’s are particularly relevant for those hoping to expand their business overseas.

No matter the size of your business, Joint Ventures can be utilized to strengthen long-term relationships or to collaborate on short-term projects. A joint venture enables you to share risks and benefits with a partner and can supply you with access to established markets and distribution channels, more resources, greater capacity, or increased technical expertise.

Entering into this type of collaboration with another business is complex; building the right relationship takes time and effort. If you do not have a clear understanding of the goals and the way value will be shared moving forward, a Joint Venture can burn you in the long run. (Just ask IBM when it partnered with Microsoft in the early 1980’s.) Success in a JV depends on the right relationship, a clear and thorough understanding of the goals, and effective communication of the business plan. Here are a few things that could be deadly to your Joint Venture:

> Goals are not 100% clear

> Different objectives among respective partners

> Friction and poor cooperation due to different management styles

> Insufficient leadership and support in the early stages

> An imbalance in levels of investment, assets or expertise brought in by respective partners 

Flexibility is at the heart of what makes a JV such an attractive option. For example, a JV can cover only part of what you do and have a limited life span, therefore limiting the commitment and exposure for both parties; or alternatively, you might decide to set up a new company altogether to handle a particular contract.

To help you decide what form of JV would best serve you, ask yourself how involved you want to be in managing it, and consider what could happen if the venture fails.

Understanding how much risk you are prepared to accept is a key element of choosing the right JV approach. Take the time to develop clarity around this central question and you will thank yourself down the road!

Until next time, Kelli Richards

CEO of The All Access Group, LLC

PS: The right mentor will also have the right CONNECTIONS to move any effort forward.  Be sure to ask who they think they can bring to the table around advisorship, possible collaboration and even funding.

 

Want to Take Your Project to the Next Level? Collaborate!

Kelli Richards April 7, 2014

image001Although our culture tends to celebrate the idea of the “lone creative genius,” the truth is that a look behind the scenes of any success story will very often reveal the work of a stellar team; a group of passionate people who worked together to challenge and motivate one another. Steve Jobs famously promoted collaboration to increase productivity and creativity at Apple. It was one of the benchmarks of all the work that went on during my years there, and it continues to be a best practice of the corporation, and the alum that worked there.

How does this apply to you?  Here’s the truth:  If you want to take your creative project to the next level, it’s time to give the focus on individual productivity a break and shift toward harnessing the amazing power of effective collaboration.
Remember this rule as you go forward: A team is more than just a group of individuals. Creating a cohesive team unit depends on a variety of factors that, if properly understood, can help you optimize your team selection and work habits. Here are a few facts to get you started:

1. The mere presence of others can boost your performance.

Ever wonder why so many creatives seem to enjoy working in a crowded café, surrounded by strangers? Evidence suggests that the energy of other people can act as a surrogate team, even if we’re working solo. In a 1920 experiment by social psychologist Floyd Allport, a group of people working individually at the same table performed better on a whole range of tasks even though they weren’t cooperating or competing, This is now known as the “social facilitation” effect – the way the mere presence of other people engaged in the same task as us can boost our motivation.

2. Team effectiveness depends on social sensitivity.

The ability of teams to perform well across a range of challenges is referred to as “collective intelligence,” and interestingly it is not based on the average IQ of individual team members. Rather, the collective intelligence of a team is derived from the way team members take turns during conversations – and this often correlates positively with the proportion of women in the group. Which brings us to number 3…

3. Teams perform better when they include both men and women.

A 2012 analysis of nearly 2,400 international companies found that those with at least one woman on their boards tended to be the strongest performers, and the benefits were especially apparent in tougher operating conditions. According to a 2011 experiment by European researchers, the optimum gender balance is 50-50.

4. A good team needs a balance of extroverts and introverts.

Our culture tends to idolize the extrovert, but evidence suggests that the perceived value of introverts in a team setting increases as time goes on, whereas the perceived value of extroverts actually falls – as demonstrated in a recent study by UCLA.  While extroverts tend to grab our attention and introverts tend to take longer to showcase their abilities, often it is a balance of complementary personalities that makes for the most effective mix.

The Grand Takeaway? The best teams are built from diverse perspectives and abilities. When creating your dream team, seek out people with different specialties, personalities, and problem-solving styles. If there is friction, don’t give up; instead, train them in better communication.

If you’re building a team to move your best projects forward, remember that the music to making it all work is your mentor.  A powerful mentor should be an ally who sees your vision, a leader who brings the very best people and advisors, and a clear picture of how to get from starting point to end game.  If you’re looking for that, I’d love to have a conversation with you.

Until next time,
Kelli Richards

CEO of The All Access Group, LLC

PS: The right mentor will also have the right CONNECTIONS to move any effort forward.  Be sure to ask who they think they can bring to the table around advisorship, possible collaboration and even funding.

 

The Who What Where When & Why of Startups

Kelli Richards March 31, 2014

Essentially, startups form because a group of rebels are fueled to the brim by enthusiasm, innovation and passion about their ideas and products.  Sadly, those assets are not enough though.  Without the resources, infrastructure, and / or the knowledge to develop it on their own, it’s very likely to go supernova before it ever develops a comfortable orbit. Mentoring is a core part of running a successful startup.

Too many startups are unable to move from the ‘pitch’ phase into the ‘construction’ phase and are lost as a result. Having a reliable sounding board to provide practical advice is one way to be smart about the startup process. In fact, many statistics show that startups with mentors are 90% more likely to succeed.  The secret sauce, of course, is to find a mentor with the right expertise in your vertical, the bench strength in management and the powerful connections and relationships to accelerate the success. Expertise from a seasoned veteran can make all the difference.

Untitled4Successful startup mentors start at the bottom with the companies and are strongly integrated into the vision and process. It’s natural to want to create your own spin on the product or add outside value from the get-go, but everyone on the team has to fully understand the project in its most basic form before moving forward. If they see the vision and the possibilities, the right mentor could come in at any time.

Every product is designed to address a problem, so you’ll need a deep understanding of both the cause, or problem, and effect, or product. With broad understanding and a level head, a mentor may have to deliver some harsh news, but it’s always for the good of the cause. As a mentor, it’s not your pride and joy on the line, it’s someone else’s success – their baby.  So while any criticism must be delivered tactfully, it’s also important to remember that the project needs your guiding voice, no matter which direction it leads

Entrepreneurs and mentors have to create a solid bond and trusting connection if their relationship is going to thrive for the success of the endeavor. The mentor has to be knowledgeable, rational, and tactful – and the entrepreneur has to be willing to be mentored – to NOT have all the answers. Passion and drive only go so far when starting a business, and in order to learn from a trusted coach and successfully implement the ideas and changes discussed, the startup needs to be flexible and accept the information that’s given. Getting a business of the ground is difficult, but with hard work, positive thinking, and reliable advice from the right mentor, it is definitely possible – and far more probable than going it alone.

Until next time,

Kelli Richards
CEO of The All Access Group, LLC

PS, The right mentor will also have the right CONNECTIONS to move any effort forward.  Be sure to ask who they think they can bring to the table around advisorship, possible collaboration and even funding.

 

4 Steps to Ace an Early-Adopter Culture

Kelli Richards March 24, 2014

Untitled12In this era of rapid innovation, a new technological breakthrough can shake an entire industry in an afternoon, and consumers are hungry for the most advanced gadgets available. Businesses are constantly expected to be at the forefront of emerging technology.

When Corning’s “A Day Made of Glass” video series went viral in 2011, the company leaped in the spotlight. In the process, consumers and businesses alike found themselves considering the company’s role as an innovator in specialty-glass technology for a wide range of uses.

 

For consumers, the roles of early adopter and a thought leader often become intertwined. Customers tend to gravitate toward companies that can speak credibly about new technologies and apply them to product development and business processes.

Related: ‪Why Every Employee Needs to Be Part of Your Tech Team

Being at the forefront of emerging trends will make your business more sought after by the media as an authority within your industry sector and your staff will be viewed as capable of speaking with intelligence about the latest developments’ impact on your niche or sector.

But being an early adopter doesn’t come naturally to every business — nor can it be achieved overnight. Creating a culture of early adoption and keeping your business ahead of the curve requires a change in mindset at the leadership level. To grow a thriving business on the bleeding edge, savvy leaders would be wise to take some of the following steps:

1. Make the latest tools available to employees. Having the latest gadgets available for staffers to play with encourages a culture of innovation, experimentation and evangelism. It gets employees thinking about how new technology can be used and it encourages a cross-pollination of ideas. For example, when Google Glass was released, forward-thinking businesses made the product available for their employees to try and discuss.

Related: ‪How to Motivate Creative Employees 

2. Encourage team members to engage with new technologies. For its own part, Google requires its employees to take days off to simply experiment with the latest technologies and test ideas. Ensure that your employees engage with the latest from Silicon Valley by asking them to take an hour from their workday to acclimate themselves with a gadget or tool. Or have an employee do a presentation summarizing the applications of a new device so your team can focus on its possible impact on your industry.

3. Create incentives and reward innovators. Give your employees a reason to keep up with tech news and drive innovation by rewarding those who do so. Grant the employee who discovered and implemented a new task-management platform a paid day off. Reward the staffer who forwarded the latest news to the rest of your team with a free lunch.

4. Lead with an early-adopter spirit. Cultivate a company mindset of curiosity by being a leader who embraces change and risk in the name of progress and cutting-edge disruption. Starbucks CEO Howard Schultz revealed his hunger for innovation when he invested $25 million in Square — a startup few knew about at the time. What seemed like a risky and questionable move to some ultimately paid off. Through collaboration with Square, Starbucks now accepts mobile payments globally, paving the way for other companies hopting to implement mobile-payment systems in their operations.

The pace of technological change is faster than ever before and businesses that wait too long to embrace innovation can easily be deemed irrelevant by consumers. Instead, infuse the early-adopter mindset throughout your company’s culture — and you may well end up being celebrated as a forward-thinking visionary within your industry.

 

Until next time,

Kelli Richards, President, CEO of the All Access Group, LLC

PS: Subscribe to my FREE All Access Group Newsletter https://bit.ly/AAGNewletter

 

4 Tech Dinosaurs That Will Finally Die in 2015

Kelli Richards March 17, 2014

In recent years, technology has changed the way we view work, entertainment, media, and even our workout habits. While most people are focused on what’s next for wearables, cloud computing, and syncing gadgets, few have taken the time to consider the tech we’re going to be sending into retirement in the coming years.

Here are the tech trends that are coming to an end in 2015.

1. The Revolution Will Not Be Televised

With cable-cutters everywhere, cable and satellite providers across the country are scrambling to lock consumers into their tiered contracts. Millennials, however, aren’t as attached to their TV sets as older generations. Netflix, Hulu, Apple, and Amazon already provide great streaming options, while cable favorites like HBO and ESPN are moving to mobile devices.

By 2015, content providers will have much more control than cable companies. Cable companies won’t go down without a fight, though — the majority of them also provide digital cable, DVR, and Internet services. However, with lightning-fast Google Fiber expanding into more major cities, it’s only a matter of time before these services will need an upgrade, too.

2. Home Entertainment Is Entering a New Dimension

Your television set won’t end up a nostalgic antique like your grandfather’s eight-track cassette player, but the TV industry is upping the ante in the age of high definition.

  • While Nintendo focuses on integrating its content into mobile platforms, Sony and Microsoft are pushing forward with ways of integrating their gaming consoles into your entire home, allowing for interactive entertainment options we’ve never seen before.
  • Glasses-free 3D and curved screens are changing the way studios create and release both theatrical and home content.
  • Set-top boxes and streaming options by Apple, Google, and Roku even further blur the line between our TVs and computers. By 2015, there will be little (if any) difference between your television set, mobile phone, and computer as cloud computing creates a seamless web experience.

3. Call Somebody Who Cares

Millennials have come of age with cell phones. Gone are the days when you couldn’t get reception unless you were directly underneath a cell tower. These days, landlines are used strictly for emergencies such as Hurricane Sandy, and most are Internet-based VoIP services.

The days of Ma Bell and her Baby Bells are a distant memory, as those former communications giants struggle to maintain the outdated infrastructure of their phone lines. Cell phones are as likely to drop a call as a landline, and less than 10 percent of households in the country have only a landline phone. As current generations age, landline telephones will disappear altogether.

4. Goodbye, Gutenberg

When Johannes Gutenberg invented the printing press, the machine made it possible to put magazines on every shelf, books on every desk, newspapers on every porch, and Bibles in every hotel nightstand.

We all know the newspaper and magazine industries are struggling, but 2014 looks to be the year when we drive the final nail in the coffin and bury these struggling industries for good. After J.K. Rowling authorized the release of the Harry Potter series on Amazon’s Kindle, the publishing industry essentially crumbled. Major magazines and newspapers started shutting down, and the only holdouts seemed to be textbook publishers.

Apple took this market by convincing McGraw-Hill, Pearson Education, and Houghton Mifflin Harcourt to create iBook textbooks to integrate the iPad into schools, while Dynamic Books allows instructors to create customized textbook content for their SMART Boards.

It’s not just books, either. The whole world has gone paperless. Your tablet and smartphone allow you to travel without a boarding pass, publish your own e-books, attend concerts without a ticket, and even pay without cash, a credit card, or coupons. Gutenberg must be rolling over in his grave.

Much like video killed the radio star, the Internet is demolishing them both. Every innovation we come up with disrupts another. Nobody knows where we’ll be in 2015, but I’m sure we’ll have our smartphones in hand, ready to check in on Foursquare to prove it.

 A highly sought-after consultant, mentor, speaker, producer, coach, and author, Kelli Richards is the CEO of The All Access Group. She and her team facilitate strategic business opportunities in digital distribution between technology companies, established artists and celebrities, film studios, record labels, and consumer brand companies in order to foster new revenue streams and deliver compelling consumer experiences. Kelli is also the author of the bestselling e-book, “The Magic & Moxie of Apple — An Insider’s View.”

Until next time,

Kelli Richards, President, CEO of the All Access Group, LLC

PS: Subscribe to my FREE All Access Group Newsletter https://bit.ly/AAGNewletter

 

 

How to Vet a Crowded Industry for Hidden Innovation Opportunities

Kelli Richards March 10, 2014

06ccbb3Few people look at a thermostat and think, “Now there’s an exciting business opportunity!”

As a device, it’s a boring commodity — a relic of a stagnant, saturated market. So why did the co-founders of Nest decide to build a multimillion-dollar company around the reinvention of the thermostat?

Where others saw an industry that offered no room for new ideas, Tony Fadell and Matt Rogers saw potential. Most of the 10 million thermostats sold every year throughout the U.S. were clunky, inefficient, and impossible to program, but a simple, Wi-Fi-enabled device that could be programmed via a smartphone — that could be a game changer. Fadell and Rogers saw this opportunity, left their jobs at Apple, and got to work.

Within just three years of unveiling the Nest Learning Thermostat, the company has reduced energy usage across the U.S. and Canada by at least 225 million kilowatt-hours. They’ve saved consumers more than $29 million in heating and cooling bills. And earlier this year, Google bought Nest for $3.2 billion in cash.

What gave Fadell and Rogers the confidence to dive into an overcrowded market? They saw room for innovation. Here’s how you can see through the crowd to the opportunity.

How to Vet a Crowded Industry

When a market has a reputation of being fully saturated or crowded, many potential entrants will steer clear without a second thought. But popular perception isn’t always reality. Though it may not be immediately obvious, there’s often room for innovation and more than one player in the most stagnant of industries.

If you’ve got an idea that you think could disrupt a crowded market, it’s critical that you vet the industry before launching.

Do your homework. Who are the key players in the industry? What are their strengths and weaknesses? A comprehensive understanding of the competitive landscape is vital for determining your strategy.

Clarify your value-add. What makes your idea different? Are you cheaper, faster, better, or more innovative than everyone else? You can’t survive in a saturated industry without clearly being different and better.

Know your customer.Are consumers satisfied with the current market? If your product or idea can effectively address unmet needs and pain points, you’ll be able to capture significant market share.

Position yourself as a trailblazer. People aren’t expecting innovation in a stagnant market. Find the gap by researching industry trends, then stake a bold claim as the “next big thing.”

Prepare for scale.When you unveil a great idea on a commodity market, you have to be ready to handle a sudden wave of demand. Had Nest not been able to keep up with the brisk pace of adoption, the company would have tanked. They were prepared, though, and rode the wave all the way to a multibillion-dollar acquisition in a relatively short period of time based on mass adoption by consumers.

Surviving the Changes in Your Industry

Once you’ve made the leap into the market, you need to be proactive to survive your industry’s lifecycle changes. Achieve the following, and you’ll not only keep your head above water — you’ll thrive.

  • Stay up to speed on the latest trends and technologies. That way, you can remain nimble and capable of edging out competitors.
  • Get the word out. Make sure customers know about you — and know that your solution is superior.
  • Make sure you offer the best possible customer experience. You’ll garner loyalty and brand equity, and you’ll reduce the churn factor.
  • Optimize key elements: pricing, service, process, and customer satisfaction. Piece these components together in a way that tells a compelling brand story to attract your target audience.
  • Always strive to stand out from the crowd through your marketing, products, and customer experience. When you delight your customers, they’ll become brand advocates and stay with you in the long run.

A Matter of Perception

When an industry undergoes a fundamental transformation, many people wrongly assume it’s vanishing forever.

Consider the entertainment industry, for example. Just 15 years ago, film studios, record labels, and media distributors believed that file-sharing technology would ruin their entire livelihood. Those who were stuck in their ways wanted to put an end to the technology.

Savvy, forward-thinking tech entrepreneurs, on the other hand, saw an opportunity to pioneer change. While everyone else was lamenting the death of entertainment, they harnessed the disruptive power of technology to meet market needs.

Now, decision makers in the industry are embracing next-generation distribution technology because it enables them to reach global audiences and create new revenue streams.

It takes a keen eye and a great idea to capitalize on lifecycle changes in a crowded market. The risks, however, are often a matter of perception. By seeing potential where others don’t, you can access a world of opportunity and profits.

 

A highly sought-after consultant, mentor, speaker, producer, coach, and author, Kelli Richards is the CEO of The All Access Group. She and her team facilitate strategic business opportunities in digital distribution between technology companies, established artists and celebrities, film studios, record labels, and consumer brand companies in order to foster new revenue streams and deliver compelling consumer experiences. Kelli is also the author of the bestselling e-book, “The Magic & Moxie of Apple — An Insider’s View.”

Until next time,

Kelli Richards, President, CEO of the All Access Group, LLC

PS: Subscribe to my FREE All Access Group Newsletter https://bit.ly/AAGNewletter

 

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6 Ways to Build Your Brand and Grab Your Audience

Kelli Richards March 13, 2011

 

In today’s world, the connection to your customer is your number one asset. The path to communicating most effectively to your “fans” literally becomes the yellow brick road. If you’re not giving your fan or client a myriad of choices through which to connect, you are missing out not only on revenues, but also on building your army of loyal brand advocates. Here are 6 best practices to implement immediately to forge a solid, long-standing relationship with your best audiences and clients.

#1. Good as Gold – Email Addresses. I can’t stress this enough. You need to ask your client / fan base for their email addresses often – and you need to offer them something valuable in return. Whether that’s a great audio course that you’ve created or a track off your new album, having a way to reconnect to your target fans or clients frequently and authentically is your most valuable asset. For more information on HOW to collect those email addresses (what mechanisms to use, what offerings to inspire the trade, etc.), please sign up for the pre-sale of my forthcoming ebook, “All You Need is Love – Using Social Media to Build an Army of Brand Advocates.”

#2. Body and Soul. The body of your work has got to be excellent obviously, but in today’s world, your fan base and clients want more than just your products. They want to know who YOU are and what makes you tick. They want to be your friends on Facebook and feel a personal, one-on-one connection to you. In short, they want you to bring your soul – the passion behind your work. Be sure that you’re sharing with enough depth and in enough places to create this powerful connection to your audience. This could mean giving interviews to mainstream media – or to popular bloggers. It could mean sharing videos and photos of your personal life – images of you when you’re just being you, without your “brand” everywhere. If you don’t have a blog yourself, consider putting one up. You can keep it super simple by doing video blogs from wherever you are, bringing your fan base “behind the curtain” so to speak and including them in what you do and who you are, body and soul.

#3. Microscope, Telescope, Periscope. If you’re ready to move forward with the most important work of your life (and if you’re not, stop wasting time already!), then you’re going to need a dream team to move you forward. It’s easy to get caught up from a singular point of view – whether that be a microscopic view lost in the details, or a far-out telescope view of the big picture, but with NO details – and if you don’t have a periscope to look underneath it all and spot the rough seas — you just might not survive the process. Begin pulling your team together from near and far – choose them with great care.

 

#4. Inquiry! Constantly asking your fans and client base what they want from you is a vital best practice. As we know from the music industry, things can change day-to-day, and it’s those artists who are listening most closely and who remain the most malleable, who are the most likely to survive – and thrive. You can use an online service, like SurveyMonkey to run a poll, or you can reach out through your newsletter. Ask your audience what they most want from you in the next month, six months and year – and then make sure that your model is wrapped tightly around those expectations. And while you’re asking for stuff, ask for their cell phone numbers. Mobile marketing is huge. ASK your audience how they want to be contacted and then CONTACT them. Send those messages once a week or so with an idea or better yet, ask them for their ideas. Send them to a free online show. Make the connection.

#5. Testimonials. Whether you’re a top tier platinum artist, a leader in your industry, or just starting out – nothing speaks louder than the words of a fan, client, collaborator, journalist or even a team member. Start gathering those testimonials and post them everywhere – on your website, your newsletter, your social media sites and your fan forums. The client has nothing but choices in today’s world; make sure that you’re sharing the wonderful things being said about you and the work that you do.

#6. Inclusivity and Exclusivity. Be sure that you’re out there in a big enough way to include as many possible clients and fans as possible. Having said that, be sure that you’re also building a level of exclusivity into your products and your availability. Have a space that belongs only to your most ardent uber fans. Perhaps that’s a forum only for superfan members at a certain level of payment or participation, or perhaps it’s an event that you do (either live or online) that only has room for 50 guests.

*For new musicians, one space to check out is StageIt (see the Resources section for more info).

Kelli Richards, CEO, The All Access Group, LLC
 and Author of The Art of Digital Music


An Intimate Q&A with Tom Silverman, CEO of Tommy Boy Entertainment

Kelli Richards March 10, 2011

Tom Silverman, CEO of Tommy Boy Entertainment and the Force Behind the New Music Seminar Speaks with Kelli about where the Music Industry is Headed.

Here are a few excerpts of my interview with Tom Silverman on my All Access Radio Show. To hear the entire interview, please visit my website at https://allaccessgroup.com.

 

Kelli:  Tom, where do you see the future of music and artistic control of content heading?

Tom: Artistic control. Wow. I don’t like to use the word control when I’m talking about artistic. I think the problem with the business right now is it’s based on control. The old music business was based on control. And you know, we’re starting to build a new music business that’s based on different values altogether … The old business really was based on power and control and coercion… all that “nice” stuff, and the new business really is based on cooperation, community, connection and collaboration.  It’s a much different paradigm.

 

Kelli:  Tom, why do you think traditional labels are so afraid to hire new artists and how do you think a new artist can succeed despite these roadblocks?

Tom:  … Whenever you have a consolidated business or industry, they become risk averse.  The more companies roll up and consolidate, the less risk they take.  That’s true in any business. The labels would rather be conservative … it costs a million dollars to roll the dice every time you sign a new artist.  It’s at least a million dollars in America even to see what you have.  They’re saying,’ let’s sign less artists and let’s spend less money on those few artists that we do sign them, in marketing, and then let’s do 360 deals with them so we have a bigger return’

 

Kelli:  And some artists, the smart ones, aren’t signing those kinds of deals, right?

 

. … If you want to be signed in the early part of your career, when you don’t have any hits yet and no history, you’re going to have to do a 360 deal – or you’re not doing a deal – that’s just the way it is – unless you go with a small independent.

Kelli:  How should a new artist succeed, if in fact, they don’t get signed by a label?

Tom: Okay, a lot of what we’re talking about now is New Music Seminar curriculum.  An artist has to do it themselves anyway at the beginning – there’s almost no artist being signed off of just hearing a tape or CD.  That’s just not happening any more.  They have to have some action – some story – some heat.  They have to bring heat to the table before anyone cares about them.  Before a booking agent cares about them, before a manager cares about them, before a label cares about them.  Think about a label as an investor. If you’re a venture capitalist, you have to have some reason to sign the deal. It’s about managing risk and reward.  We can’t get caught up in the emotions of music. It’s just a business reality.

 

One of the things we’re trying to do is to create a new business reality, an alternative to this. One which would please the artist in the long run, make money for the investor in a five or ten to 1 return on a hit, so that more money can flow back into the business and more artists get signed and more artists have an opportunity to break through. Not that you can’t break through on your own, but I have to say, I’ve done some research … in 2008, there were only 1500 artists that sold over 10,000 albums that year.  There were only 200 new artists that had never done it before, and that includes Lady Gaga.  So let’s use that number.  I like to call it the obscurity level – when an artist breaks 10,000 albums, they’re in the game. So out of those 200, 192 were actually on independent labels; only 8 were doing it themselves.

 

Kelli:  Tom, you relaunched New Music Seminar a couple of years ago (and I’m thrilled to be part of it this year, by the way). Share with the audience more about New Music Seminar.  What’s behind it?

 

Tom: … Our message is a very specific one.  The record business is dying.  It’s sinking.  There’s nothing that’s going to happen that’s going to change that.  But there will still be a music business. We just don’t know what it will be, and the purpose of the New Music Seminar is to build the next music business, hopefully a profitable and sustainable music business.  So we’re convening the architects and designers of the next music business. I mean, everyone knows how bad the record business is right now, and for the last ten years they’ve known it.  We don’t waste a lot of time talking about that, because talking about a bad situation doesn’t change it. We want to be constructive. We’re not trying to fix a broken boat. We’re trying to build a new boat. It seems like other conferences talk about how do you bail water out of this boat to slow the sinking. Do we bail to the left or to the right?

 

Kelli:  Yes, this is all about solutions and hope and a design for what comes next.

 

 

 

You can catch my show every Monday at 5pm PST.  https://BlogTalkRadio.com/AllAccessRadio.

 

Kelli Richards, CEO, The All Access Group, LLC

Hot Stuff from Hot Caramel – Excerpts from my Interview with Irene Cara

Kelli Richards March 8, 2011

Being able to support great artists and entrepreneurs as they break away from past successes in their lives and embark on the new is one of life’s biggest highs for me.  Few performers have had the amazing success and influence of Irene Cara – I had the chance to interview Irene recently and to hear about her new group, “Hot Caramel.”  The direction Irene Cara’s sound and life has taken is deeply inspiring.  Just to remind everyone about Irene’s lifetime of successes, as an actress, Irene received the Image Award for Best Actress for her work with Diahann Carroll in the NBC Movie of the Week, Sisters.  She also received an NAACP Image Award Nomination for her portrayal of Myrlie Evers in the PBS movie on Civil Rights Leader Medger Evers “For Us the Living.”

For Flashdance alone Irene won 5 major awards, including Top Female Vocalist-Pop Singles and Pop Single of the Year. As a songwriter her talent earned her an Academy Award, 2 Grammys, a Golden Globe and a Peoples Choice Award for Flashdance. She was also the first African American female to win an Academy Award since Hattie McDaniel in 1939, plus the first Hispanic female since Rita Moreno and the first bi-racial female ever to win in any category – pre-dating Halle Berry by nearly 20 years.

Here are a few excerpts from our interview.  You can hear the entire Q&A at https://allaccessgroup.com/articles-and-resources/blog-talk-radio.

Kelli Richards: “You know, Irene, there’s just so much to say about the amazing career you’ve enjoyed.  Your list of awards is long and impressive. If you’re able to choose just one or two, what have been the most shining moments in your career that you’ve been most proud of?

Irene Cara: “I think this new phase is really the most important thing to me now. I mean, I don’t like to look backwards.  I like to live in the present and look forward – to look toward the future.  I started in the industry as a child … and I did a lot of work as a 5 year old, 6 year old, 8 year old, 11 year old.  You know, I did Electric Company when I was a child.  I did my first movie at fourteen, a highly acclaimed, pretty much is considered an African-American classic called “Sparkle.” At the time that was unique, because that was during the whole black exploitation genre of films.  There were very few films about people of color.

 

Of course, Roots was iconic classic television series that started the whole miniseries genre.  I played Alex Haley’s mother as a young girl.  I started my entire career as a child and then into my teens.  And then, you know, Fame and Flashdance were pretty much the end of an era for me.  Pretty much the highlight of a 20 year career for me…

So now, this is the stage where I consider the beginning of my adult career.  It really embodies who I truly am as an artist.

 

… I’ve been a working artist since childhood, and this is the first time where I’m now free to express myself as an adult artist the way I see myself … not fulfilling someone else’s vision of what that is.

 


To learn more about Hot Caramel’s new double CD, visit https://irenecara.com/cdbook3.html

Kelli Richards, CEO, The All Access Group, LLC

Gregg Allman – Somehow You’re Still on the Run

Kelli Richards March 1, 2011

Gregg Allman has always been a guy who colors outside the lines, in my opinion. There’s no question that The Allman Brothers Band has serious staying power. Probably best known for “Sweet Melissa,” Allman is a bluesy, jam-band pioneer who practically invented Southern Rock. As most followers of Allman Brothers music probably know, Gregg has had a long career that began with he and his brother playing together when they were only in high school. They followed what is now an almost a non-existent route to success – they were signed by a label.  Although the sound of the album they produced was definitely not what they wanted, it did begin a lifelong, winding success story for Gregg.  (Sadly, his brother passed away in 1973.)

Allman would tell you himself that he’s been way up in his life, and he’s definitely been down.  Last year the 63-year old musician had a liver transplant AND a new album in the works.  Released just a few weeks ago, “Low Country Blues” was produced by T Bone Burnett. In it, Allman covers music from some of the music that most influenced his own life and voice – from Muddy Waters and BB King, to Buddy Guy and Magic Sam.  Low Country Blues is definitely one of those “up” moments in Gregg Allman’s remarkable body of work.  It’s rich with passion and implies a deep understanding of those highs and lows that life throws at all of us.

It was T Bone Burnett who brought Allman the initial idea of a cover album. Said Allman in a recent interview, “He told me some guy gave him a hard drive, it has 10,000 obscure blues songs… He says, ‘I’m gonna pick out twenty of ‘em and send ‘em to ya and you tell me what you think.’ He said, ‘They’re old, like Billie Holliday old, and when you listen to ‘em, I want you to think about us gettin’ in there and about bringin’ ‘em up to today.’” The recording process was amazingly easy and electrifying, said Allman in his easy southern drawl, “If it works right, it all turns real magic, and that’s what happened this time, more so I think than anything I’ve ever recorded. We got 15 masters in 11 days; let me tell ya, they just went Pop! Pop! Pop! Pop!”

Pop is the right word – the album definitely has chops.  It has a unique, deep bluesy sound, easily recognized as pure Allman, and backed by a troupe of A-listers in the music world.  In addition to Burnett and Allman, Doyle Bramhall II also played on guitar. The rhythm section was comprised of upright bassist Dennis Crouch and drummer Jay Bellerose, and the lineup included a brass section led by trumpeter Darrell Leonard (whose resume extends al the way back to his work with Gregg’s late brother, Duane Allman). Finally, the sounds of Night Tripper, Mac “Dr. John” Rebennack, completed the pack on piano. (Rebennack co-wrote “Let This Be A Lesson To Ya’” with Gregg on The Gregg Allman Band’s 1977 classic, Playin’ Up A Storm.)  To add to the overall collaborative effort, the album’s one original composition, “Just Another Rider” was even co-written with longtime ABB guitarist Warren Haynes.

A gypsy at heart, Gregg Allman is both a traditionalist and a non-traditionalist.  He is eager to get out and tour the new songs, kicking off in New York on March 10th at the historic Beacon Theatre and then winding his way around the east coast and then through Europe – landing back on this continent late in September with two dates in Canada.  You can find his entire tour schedule at https://bit.ly/GreggAllmanTour and definitely pick up the album – at under twelve bucks; it’s a million-dollar participation in the voice of a true American music giant. https://amzn.to/GreggAllmanAlbum

 

“Places you been, things that you done, and somehow you’re still on the run,” Allman sings on the original song “Just Another Rider.”  I think we’re all glad that this guy is still out there on the run, entertaining and inspiring the rest of us to do the same.

Kelli Richards, CEO, The All Access Group, LLC

Remembering John Lennon – 30 Years Later

Kelli Richards December 9, 2010

Like much of the world, I’ve spent the last week thinking about John Lennon and the anniversary of his death on December 8th.  It’s honestly hard to believe that thirty years have passed since he was taken from us in a single moment’s insanity.  In fact, most of the time, it’s hard to believe that John’s really gone at all.  His was far more than the voice of a generation – it was often the voice of our hearts and our conscience.

And as unimaginable as it is to hold space for the thirty years of unspoken words and unwritten songs, what I truly cannot get away from this week is the rest of John.  As great a man as he was, and as truly generous a soul – especially to his fellow musicians – for two men out there, John Lennon wasn’t a Beatle – or an icon – he was simply Dad.

I met Julian Lennon for the first time several years ago.  I was struck with how gracious he was and how engaging – how much he reminded me of his father and how strongly he had aligned with his Dad’s passion for peace and conservation.  But I was also captured by the deep sadness he seemed to bear, just under that gracious surface.  I remember sharing with Julian how sorry I was for his loss – and recognizing how he had lost his dad, twice really.  It was a deeply heartfelt conversation and a genuine connection.  In a career filled with world=renowned musicians and many celebrity relationships – it is one that has stayed with me at a core level.

Julian has his own voice of course.  His new album “Everything Changes” should be out by next year, and in October he helped his mom, Cynthia Lennon, publicize the John Lennon Peace Monument in Liverpool. And Sean has found his own path as well, now co-leading a band with his musician / model girlfriend, Charlotte Kemp Muhl (Ghost Of A Saber Tooth Tiger.)

But all successes aside, it’s still Julian I think of often – and Sean.  How the thread of their lives with their dad, John Lennon, was forever cut short by something so senseless and beyond comprehension. I have always been struck by how much Julian looks and sounds like his father – in the way that only fathers and sons can.  In fact, one of my career aspirations has always been to create a benefit concert with Julian and Paul McCartney around John Lennon’s music.  To use the talents I have to honor how much was left unsaid, by one of the people who most deserved to hear it – his son.  Julian embodies his own gifts and talents along with his father’s.

I suppose that is really my attempt to make sense of these things – this loss – to find some deeper meaning.  To find some thread of understanding that will provide some peace – for Julian and for the rest of us. To knit a golden thread through time and space and recapture one of the greatest voices of humanity, and to simply risk listening and hearing what we MIGHT some day achieve – if we would only imagine.  John’s greatest gifts were surely his music and  his wish for peace and love which inspired and sparked a generation.  And we are truly fortunate that his legacy and grace endures and burns most brightly in Sean and Julian.

Kelli Richards, CEO, The All Access Group, LLC
“Connecting the Dots Between Entertainment and Technology”
https://allaccessgroup.com

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David Butler: Investor, Advisor, Designer, Brand Strategist

David Butler brings over 25 years of experience as an investor, advisor, designer and brand strategist to his current role as Vice President of Innovation and Entrepreneurship for Coca-Cola. Joining the company as its first global head of design, David successfully led the design-driven turnaround of an $80M brand, prompting Fast Company to name him a “Master of Design” and Forbes to elect him to their “Executive Dream Team.” Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-david-butler

My Favorite Book of 2015 for Entrepreneurs

December 14, 2015, Inc. These cutting-edge, scalable trends are attracting not only lots of investment, but also great talent — which are two of the key drivers behind any successful startup. Read the entire article here: https://www.inc.com/kelli-richards/my-favorite-book-of-2015-for-entrepreneurs.html

How to Pay Attention to the Whispers When Vetting a Connection?

kinds of distracting, time-consuming, and expensive legal dealings, which were a big drain on my business–and on me, personally.

Though it took a long time, I ultimately prevailed in that case, but it was a painful experience and one I’d like to help others avoid. Trust me, no small business owner needs that kind of angst.

Jay Samit: Disrupt You, Master Personal Transformation (Part II)

There are very few people who have worked as successfully across as many industries as Jay Samit has, and he wanted to share that knowledge and help people on their journey. That is why he wrote the bestseller Disrupt You, Master Personal Transformation, Seize Opportunity, and Thrive in the Era of Endless Innovations. Throughout this book, Jay explores the importance of personal disruption. “You really have to say, what is limiting you in this limitless world?

Jay Samit: Disrupt You, Master Personal Transformation (Part I)

Jay Samit is the CEO of See Change International, a leading multi-screen video services company. A dynamic entrepreneur, Jay is widely recognized as one of the world’s leading experts on disruption and innovation. Described by Wired Magazine as having the coolest job in the industry, he’s raised hundreds of millions of dollars for startups, sold companies to fortune five hundred firms, and has transformed entire industries.

Gail Zappa: Tireless Champion, Wonderful Friend

Gail, the wife of musician Frank Zappa, was a role model and a tireless champion on behalf of her husband and children for many years and has been a protector of Frank’s estate. She was compassionate, extremely smart and creative advocate and champion, and over time, she became an outspoken advocate for artists to retain their rights and their masters.

Spotify Could Go Away Overnight And No One Would Care

November 9, 2015, Hypebot.com Although Spotify was able to get its foot in the door early, the presence of companies like Apple Music, Amazon Prime, and others means that the historically un-profitable streaming service either needs to find away to differentiate itself from the competition or risk crashing and burning. Read the entire article here: http://www.hypebot.com/hypebot/2015/11/spotify-could-go-away-overnight-and-no-one-would-care-.html?curator=MusicREDEF

Spotify Could Go Away Overnight And No One Would Care

Although Spotify was able to get its foot in the door early, the presence of companies like Apple Music, Amazon Prime, and others means that the historically un-profitable streaming service either needs to find away to differentiate itself from thecompetition or risk crashing and burning.

Cynthia Kersey, the Unstoppable Woman

So few people really take the risk to live their dreams, play full out with passion & commitment, and create true impact and legacy during their time on the planet. Cynthia Kersey is definitely one of those rare individuals. Cynthia is the Chief Humanitarian Officer of the Unstoppable Foundation (hyperlink?), whose mission is to ensure that every child on the planet receives access to the life-long gift of education. Just read that sentence a few times and stand in awe, right? That’s a mission worth getting out of bed for each morning!

Influencers on a Plane: 3 Ways to Strike Up Great Conversations

Whether you meet people who end up providing new business opportunities, find great new friends, connect with someone influential, or simply reconnect with established colleagues, with the right mindset, you can improve your business just by striking up a conversation on the road.

3 Signs It’s Time for a (Professional) Breakup

A leader is more likely to feel weighed down by professional negativity and anxiety, which can lead to a loss of self-confidence and reduced productivity–and can even bring the business to a grinding halt.

What’s the Difference Between a Coach and a Mentor?

October 15, 2015, Forbes Women We hear a lot about coaching and mentoring — for good reason. As Zig Ziglar famously said, “A lot of people have gone further than they thought they could because someone else thought they could.” Read the entire article here: https://www.forbes.com/sites/ellevate/2015/10/15/the-difference-between-a-coach-and-a-mentor/

Why It Pays to Identify and Approach Mentors in the Professional ‘Cafeteria’

October 7, 2015, Entrepreneur At times, the workplace “cafeteria” resembles a middle-school lunchroom, with heightened stakes and competitors striving for power in lieu of popularity. Who sits where, and why? Read the entire article here: https://www.entrepreneur.com/growing-a-business/why-it-pays-to-identify-and-approach-mentors-in-the/249748

Rob Tercek: Speaker, Innovator, Strategist

  Robert Tercek’s unique views on managing innovation are sought by organizations around the world. His motto is “Inventing the Future.”  He is passionate about inspiring audiences to seize their own destiny by thinking creatively and taking decisive action. Listen to the entire podcast here: https://allaccessradio.libsyn.com/category/Technology  

How Amazon Shows the Need for a Tech Industry Workforce Revolution

September 18, 2015, Inc. Business is not about being cutthroat anymore; it’s time for the tech industry to re-evaluate the perks being offered to workers. Read the entire article here: https://www.inc.com/kelli-richards/how-amazon-shows-the-need-for-a-tech-industry-workforce-revolution.html

4 Characteristics of Trailblazing Entrepreneurs

September 4, 2015, Inc. Trailblazers don’t just see a need in the market — they create new markets, and they forge their own paths to get where their outsized visions tell them they need to go. Read the entire article here: https://www.inc.com/kelli-richards/4-characteristics-of-trailblazing-entrepreneurs.html

The Art of Taking Vacation for Entrepreneurs

August 14, 2015, Inc. Although circumstances will understandably make it challenging to get away sometimes, the point is not just to get away physically, but to also distance yourself mentally.

4 Ways a Great Advisor Can Protect Your Investment

August 7, 2015, Huff Post Women Last year marked the highest annual total of venture capital funding since 2001, and with $47.3 billion in investments, this represents a 62 percent year-over-year growth. Read the entire article here: https://www.huffpost.com/entry/4-ways-a-great-advisor-ca_b_7957254/amp

Wearable Technology – Where Fashion & Fitness Converge

Think of the obvious first, like fashion electronics. Whether it’s FitBit or the Apple Watch that just hit the scene, or Jawbone, or any of these things that are now considered fashion accessories – but they are primarily fitness accessories that give you information in real time about what’s happening with your body and your activity level.

Why Advisors Are Worth Your Equity (and How to Find a Good One)

July 24, 2015 Inc Magazine Think of these advisors as business sherpas: People more experienced than you who help you navigate and climb the startup mountain. Read the entire article here: https://www.inc.com/kelli-richards/why-advisers-are-worth-your-equity-and-how-to-find-a-good-one.html

Jim Griffin

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-jim-griffin

Nick Adler

“This is a quote by Nick Adler” Nick Adler single handedly saved the Hollywood Sunset Strip and saved way more than The Roxy. Listen here for the story! Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-qa-nic-adler-of-sunset-strip-music-festival

Tom Keifer

Listen to the entire podcast here: https://jeeni.com/track/kelli-richards-interviews-tom-keifer-of-cinderella

Tom Silverman

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-tommy-boys-ceo-tom-silverman

5 Secrets to Building High-Yield Partnerships

Forming strategic partnerships not only creates a powerful reciprocal network, but also propels you toward your goals, exposes you to new insights and optimizes the time and energy you invest in relationships. And these advantages work both ways.

Michael Solomon

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-michael-solomon

Will Tidal Make Waves In The Music Industry Or Get Washed Out?

May 25, 2015 Tech Crunch In late March, when a group of A-list musicians gathered in Manhattan to show support for Jay Z’s new music streaming service, Tidal, expectations were sky-high. Read the entire article here: https://techcrunch.com/2015/05/25/will-tidal-make-waves-in-the-music-industry-or-get-washed-out/

Greg Estes

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-greg-estes

Wild Bill Stealy

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-interviews-jw-wild-bill-stealey

How to Make Money By Talking to Cool People

According to a survey KnowledgeStorm and Universal McCann conducted, 65% of business and IT professionals listen to podcasts for personal and business purposes, and 60 percent interviewees said whitepapers and analyst reports would be more attractive in podcast form.

4 Ways to Make the Most of Your Mentor-Mentee Relationship

In a climate where there’s no free lunch, it’s easy to assume there’s a hidden catch. But if you feel this way, it’s because you don’t understand how mentorship helps your mentor. Did you know that training and advising mentees is a powerful way for your mentor to gain leadership skills and team-building experience? And that mentees often help their mentors understand things in new ways through feedback, communication, and interpersonal skills?

Streaming and Beyond: Apple Will Lead the Way to the Next Music Experience

Listeners now control the entire experience. We can listen to our favorite artists or songs at any time and on any device. Streaming has even made the listening experience social. Services such as Spotify are integrated with Facebook, allowing listeners to see what their friends are listening to in real time, making it easy to discover new music.

Peter Bregman

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-peter-bregman

Is It Time to Spring Clean Your Business? Here’s How to Do It

April 3, 2015, Inc. Spring cleaning is about starting fresh. By applying this mindset to your business, you can return your business to a healthier, livelier, and more profitable state in no time. Read the entire article here: https://www.inc.com/kelli-richards/is-it-time-to-spring-clean-your-business-here-s-how-to-do-it.html

Can Apple’s Interactive Digital Music Solution Refresh the Music Industry?

Few artists are likely to follow in U2’s footsteps with the same strategy after the backlash from iTunes users, but when a challenge emerges in the market, we can always look to Apple to lead with the most creative solutions. The “Songs of Innocence” maneuver was Apple showing its hand: The solution to diminishing music sales could be an interactive digital music approach.

Dr. Judith Orloff, New York Times Best-Selling Author

Transforming the face of psychiatry, Judith Orloff MD asserts that we are keepers of an innate intuitive intelligence so perceptive that it can tell us how to heal — and prevent — illness.Yet intuition and spirituality are the very aspects of our wisdom usually disenfranchised from traditional health care. Dr. Orloff is accomplishing for psychiatry what physicians like Dean Ornish and Mehmet Oz have done for mainstream medicine — she is proving that the links between physical, emotional, and spiritual health can’t be ignored. Dr. Orloff is a New York Times bestselling author and is on the UCLA psychiatric clinical faculty. She specializes in treating empaths and sensitive people in her Los Angeles based private practice. She has spoken at medical schools, hospitals, the American Psychiatric Association, Fortune Magazine’s Most Powerful Women Summit, and alternative and traditional health forums — venues where she presents practical intuitive tools to doctors, patients, and everyday people. In response to her work, The Los Angeles Times calls Dr. Orloff “a prominent energy-based healer.” Dr. Orloff’s latest book “The Empath’s Survival Guide: Life Strategies for Sensitive People” (Sounds True, 2017) is an invaluable resource to help sensitive people of all kinds develop healthy coping mechanisms in our high-stimulus world without experiencing compassion fatigue or burnout. Then empaths can fully embody their gifts of intuition, creativity, and compassion. Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-dr-judith-orloff

Turn Up Your Volume: 5 Big Moves Entrepreneurs Can Learn From Music Moguls

When you think about it, there are multiple ways that the music industry reflects what you’re trying to accomplish as an entrepreneur. Music rewards innovation and originality–finding “the next big thing” is a mantra you both share–and you both aim to immerse customers in rich and compelling experiences, right?

Peter Dekom

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-peter-dekom-0

5 Critical Lessons in Mergers and Acquisitions From the Apple-Beats Deal

Mergers and acquisitions are notoriously complicated, clumsy, and fraught with bad feelings when they’re not executed carefully and strategically. Often, leaders fail to communicate, which derails productivity and leaves employees worried about their jobs. Companies also tend to struggle to manage customer integration, branding, and media relations during the transition.

Alan Weiss

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-alan-weiss

How to Harness Power Like a Celebrity

While there is such a thing as “overnight success,” most celebrities work hard over a long period of time to reach their powerful status. Here are three strategies of the stars that business professionals can use to make a difference in the world and do things that truly matter to them:

The Super Connector’s Guide to Making Powerful Business Introductions

As an entrepreneur, you understand the importance of having a strong network. What many people don’t understand is that it’s not always who you know, but what you do with those connections, that matters. Throughout my career, my extensive network in Silicon Valley has allowed me to create intros for startups seeking funding for their ventures and secure celebrities like Jerry Seinfeld for corporate events. But I haven’t done this by connecting with a bunch of random people on LinkedIn; I’ve nurtured these relationships through the power of reciprocal networking. If you aren’t actively looking for ways to make valuable introductions for your connections, your network isn’t as strong as it could be. Here are a few ways to make winning introductions that will lead to lucrative long-term opportunities for you and your connections. How to Make a Powerful Business Introduction When you start making business introductions in person, it can feel a bit awkward. But the key to a successful connection is a clear understanding of what each individual has to gain from the relationship. If your connections don’t see an advantage to meeting the people you suggest, they’ll be skeptical of your intent. A proper business introduction immediately erases confusion among mixed groups of people. It sets the stage for respectful interactions and eases the otherwise uncomfortable first conversation. Always introduce the person with more authority first. Adding explanatory statements after saying each person’s name will also get the conversation flowing naturally and provide context. These can be simple statements such as their job titles. When introducing one person to a group, announce that person’s name and identifier, and introduce each group member in the order they’re sitting or standing. Connecting people who offer complementary services is a great way to promote mutually beneficial relationships. You can also offer to let people you respect sift through your LinkedIn connections and facilitate these meetings to add value. Tips for Navigating the Uncomfortable Email Introduction Making introductions in person usually feels less forced than sending emails out of the blue, but it’s not always feasible to get the two people you want to connect in the same place at the same time. This is where email introductions come in. When emailing your connections to establish an introduction, make sure you always: Ask for permission first. Explain the value proposition for each party meeting the other, and ask if they’d feel comfortable with you making the connection. Mention whether they’ve met before. People often forget brief meetings, and the reminder can save them some embarrassment. Make haste slowly. Good introductions require careful preparation. Think through how both parties could benefit from each other, and spell it out in an email. Hurried, ill-planned emails can have a negative impact on these burgeoning relationships–and your reputation. Encourage the conversation. You never want to start an email thread, only to receive no response from either party. To avoid this social disaster, urge both people in the email to arrange a time to talk in the near future. Make action steps clear. Be straightforward in your email, and outline what the specific next steps should be. Solid introductions always come down to adding value for other people. When you set up a long-term cycle of promoting mutual wins, you position yourself as a credible and trustworthy business connection. Establishing a reputation for facilitating great relationships is the best way to increase your chances of success, no matter what field you’re in. And as this cycle of reciprocity continues throughout your career, the referrals, invitations, and unique experiences will start pouring in. This article was previously published in Inc.  To your best success,   Kelli Richards, CEO of the All Access Group, LLC   PS: Subscribe to my FREE All Access Group Newsletter https://bit.ly/AAGNewletter   PSS: Listen to an entire library of intimate discussions with industry visionaries https://bit.ly/AllAccessPodcastSeries (Priceless)  

5 Unlikely Music Legends With Great Advice for Entrepreneurs

February 25, 2014, LinkedIn Articles As an entrepreneur, it’s important to keep your ears open for helpful advice — especially when you’re new to the game. Read the entire article here: https://www.linkedin.com/pulse/20140225155053-9638-5-unlikely-music-legends-with-great-advice-for-entrepreneurs/

Know When to Hold ‘Em, Fold ‘Em, and Walk Away in a Business Deal

In high-stakes poker, managing your emotions is just as important as the hand you’ve been dealt. In order to emerge with your mortgage intact, it’s vital to have an effective poker face.

Business negotiations require a similar approach. Letting your emotions rule your decision-making process can be catastrophic, but failing to seek a win-win situation can be just as dangerous. With that in mind, how can you maintain your cool and, ultimately, your control of the situation?

In this article, Kelli Richards explains how to stay level-headed when the chips are down.

Jeet Singh

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-jeet-singh

How Writing a Book Can Advance Your Career

What’s more, writing a book is a great way to establish you as a credible industry expert. You can create a brand platform for yourself, increase your market value, differentiate yourself from competitors, and discover new ways to grow your authority in your field. But before you can add the title “published author” to your resume, you need to invest some time and energy in planning, crafting, and publishing your unique message–and understanding how the publishing world really works.

Steve Rubel

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-steve-rubel

Roberta Medina

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-roberta-medina

5 Simple Steps to Schedule Your Week for Business and Personal Success

As an entrepreneur, attending to your work is essential for building your business. But creating a balanced life is the key to sustained success in the office and at home. Aim to structure your time so you can meet both personal and professional obligations, then establish, communicate, and maintain healthy boundaries so you can actually live the lifestyle you desire. It’s doable!

6 Surefire Tactics That Will Ignite Client Referrals

January 15, 2015, Inc. Here are six strategic ways to ask for referrals and grow your business exponentially. Read the entire article here: https://www.inc.com/kelli-richards/6-surefire-tactics-that-will-ignite-client-referrals.html

5 Reasons Developing Confidence Is Critical to Your Success

Confidence is essential to your success and that of your business — in fact, it’s vital to everything you do in life. In my own career, confidence has been a pivotal skill and strength I’ve needed every step of the way, especially in the male-dominated tech and music industries.

Just Because You Have 500+ Connections Doesn’t Mean Your Network Is Healthy

January 9, 2015, Inc. The best way to build solid connections is to earn a reputation of being a person who adds value for others in virtually every interaction you have with them.  Read the entire article here: https://www.inc.com/kelli-richards/just-because-you-have-500-connections-doesn-t-mean-your-network-is-healthy.html

12 Affirmations For The Struggling Entrepreneur

Entrepreneurs are an optimistic lot. Naysayers might say “naïve.” But they have to be. Odds are against their success, but those who do succeed will provide for their families, solve customers’ problems, and possibly change the world in a big way.The best entrepreneur, therefore, has a healthy confidence that “I’ll be the one person in a thousand who makes it big.”

4 Things You Can Do to Personalize Your Brand Like the Celebs

Between Google and social media, it’s become simultaneously easier and more difficult than ever to maintain your brand image. With a few keystrokes, anyone can learn just about anything about you. On the other hand, if you can cultivate what your audience will find, you can influence your brand image and how others perceive you.

How to Create Your Own Industry to Fit Your Strengths

By leveraging my core strengths and skills and combining my backgrounds in entertainment and tech, I’ve molded my own brand and carved a unique career path for myself. Having been a talent producer for award shows, cause concerts, and celebrity fundraising events for three decades, I’ve developed a very large network, connecting musicians, actors, comedians, and tech innovators with the corporate world to create performances and campaigns.

How Writing a Book Can Advance Your Career

December 12, 2014, Inc. A book can be a powerful tool for advancing your career and establishing yourself as a brand and as an industry leader. Read the entire article here: https://www.inc.com/kelli-richards/why-or-how-writing-a-book-can-advance-your-career.html

The 4 Most Important Reasons You Need to Become a Mentor

When you decide to mentor someone, you really have no way of knowing how far she’ll go. Whether you shape the next great entrepreneur of our time or help someone achieve her dreams, you’ll make a difference–and that’s all that matters.

Ann Wilson

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-ann-wilson-of-heart

5 Reasons Developing Confidence Is Critical to Your Success

December 5, 2014, The Huffington Post Confidence is essential to your success and that of your business — in fact, it’s vital to everything you do in life. Read the entire article here: https://www.ellevatenetwork.com/articles/5870-5-reasons-developing-confidence-is-critical-to-your-success

4 Things You Can Do to Personalize Your Brand Like the Celebs

December 4, 2014, The Huffington Post Between Google and social media, it’s become simultaneously easier and more difficult than ever to maintain your brand image. Read the entire article here: https://www.huffpost.com/entry/4-things-you-can-do-to-personalize-your-brand-like-the-celebs_b_6148030

5 Simple Steps to Schedule Your Week for Business and Personal Success

December 1,2014, Inc. As an entrepreneur, attending to your work is essential for building your business. But creating a balanced life is the key to sustained success in the office and at home. Read the entire article here: https://www.linkedin.com/pulse/5-simple-steps-schedule-your-week-business-personal-success-richards/

5 Conversation Tools For Nurturing Your Relationship With A Mentor

We’ve all longed for a classic mentor-mentee relationship at some point in our careers. We want someone who is savvy and seasoned. We want her to provide the perfect insights and career advice that will help us reach our goals. We want someone who will guide us to our destination.

Cynthia Kersey

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-cynthia-kersey

Michael Van Himbergen

Listen to the entire podcast here: https://allaccessradio.libsyn.com/kelli-richards-interviews-michael-van-himbergen

The Secret Weapon of Billionaire CEOs and Wildly Successful People

If you’ve hit a wall, it might be time to hire a business coach. Sometimes no matter how passionate you are about your business, it takes an outsider’s perspective to see where the company is lacking and identify areas for growth. And that additional insight and shift in perspective can take moments but make a huge difference in your results and the outcome.

The 4 Most Important Reasons You Need to Become a Mentor

November 20, 2014, Inc. When you decide to mentor someone, you really have no way of knowing how far she’ll go. Whether you shape the next great entrepreneur of our time or help someone achieve her dreams, you’ll make a difference — and that’s all that matters. Read the entire article here: https://www.inc.com/kelli-richards/the-4-most-important-reasons-you-need-to-become-a-mentor.html

Become an Effective Delegator

Delegation doesn’t come naturally to everyone–especially workaholic entrepreneurs. Recognize your #strengths. Tackle the things you love or do very well yourself, and then #DELEGATE the duties that slow down your productivity or otherwise aren’t a good use of your talents and time. Acknowledge and reward others for their strengths. Delegating is not only a way to decrease your workload it’s a way to channel your productivity and expertise! To read https://www.inc.com/kelli-richards/the-ultimate-guide-to-delegating-for-entrepreneurs-who-hate-delegating.html

How to Create Your Own Industry to Fit Your Strengths

November 7, 2014, Inc. Your new industry has to reflect you because whether you’re a “collaborator genie” or a “green-energy explorer,” you’ve got all the makings of becoming your own unique brand of superhero. Read the entire article here: https://www.inc.com/kelli-richards/how-to-create-your-own-industry-to-fit-your-strengths.html

The Entrepreneur’s Guide to Delegating

Is your to-do list a mile long? Do you spend your day in meetings and bring your work home with you because there aren’t enough hours in the workday? Do you feel as though the weight of the entire company is resting on your shoulders?

4 Ways to Make the Most of Your Mentor-Mentee Relationship

October 31, 2014, Inc. If you’re skeptical about why a mentor would want to partner with a mentee, it may be because you don’t have a plan in place to make it worth her while. Figure out what you have to offer your mentor, and do everything you can to provide that value. Read the entire article here: https://www.inc.com/kelli-richards/4-ways-to-make-the-most-of-your-mentor-mentee-relationship.html

Do you have a strong network, or do you just think you have a strong network?

Do you have a strong network, or do you just think you have a strong network?

Many entrepreneurs believe it’s who you know that matters, but what’s even more important is what you do with the people you know. By working to introduce and connect your connections, you can build a more lucrative network that can lead to further opportunities for you. By establishing a reputation as an effective facilitator of great relationships, you increase your chances of success.

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Kelli’s monthly newsletters are her direct line of communication to clients and friends. Each edition includes a personal note, an overview of recent activities, book recommendations, and more.

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