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The Beatles: The ultimate business model
24 February 2011
6.25am
RedLennon
Whitewater WI
Ed Sullivan Show
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5 July 2010
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I was reading Steve Job's Wiki (long story why) and came across this.

 

Jobs is also a Beatles fan. He has referenced them on more than one occasion at Keynotes and also was interviewed on a showing of a Paul McCartney concert. When asked about his business model on 60 Minutes, he replied

"My model for business is The Beatles: They were four guys that kept
 

each other's negative tendencies in check; they balanced each other.

And the total was greater than the sum of the parts. Great things in

business are not done by one person, they are done by a team of people."

 

Just thought that it was pretty awesome that one of the biggest CEOs in the world  credits The Beatles in such ways

24 February 2011
8.02am
Joe
Pepperland
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Hahaha! The Beatles were *terrible* businessmen. That's one of the key reasons they split up. Even Brian Epstein was well out of his depth, though in fairness pretty much anyone else on the planet would have been too.

If you're interested in this stuff I recommend Beatles For Sale by John Blaney, followed by You Never Give Me Your Money by Peter Doggett. Both lay bare how a series of grave mistakes meant they lost out in £millions and lost the rights to their songs.

Steve Jobs and Steve Wozniak named Apple after Apple, but I presume you knew that already.

Please don't spoil my day; I'm miles away

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24 February 2011
12.05pm
mjb
Candlestick Park
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The worst deal ever was when Epstein told Selteab (the USA company who wanted to licence Beatle products in 1964) that he would accept nothnig less than 10%……………..for the Beatles, thus giving Selteab 90%. They couldn't get the contract signed fast enough!!

"If we feel our heads starting to swell.....we just look at Ringo!"
24 February 2011
12.32pm
mr. Sun king coming together
Nowhere Land
Apple rooftop
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True, but he Also gave a monopoly away on their British Tours

I tried to think of something powerful and moving… and failed.  "You were given a choice between war and dishonor - you chose dishonor, and you shall have war" - Winston Churchill
25 February 2011
2.30am
skye
AZ
Apple rooftop
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Steve Jobs has clearly worked it out. When it came to the four of them making music, business was good. If only they had stuck to that.

Ad hoc, ad loc, and quid pro quo! So little time! So much to know!
25 February 2011
4.56pm
Joe
Pepperland
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I think he was talking about The Beatles working together as musicians, rather than as businessmen. I think the teamwork thing was fantastic right up to Pepper, and then after that on Abbey Road. They also had a core of studio staff in that time that knew exactly what they wanted, but in the later years a lot of different people got involved (not that I'm suggesting those people did a bad job, more that their predecessors were able to adapt to the group's changing needs as they were so familiar with them).

Please don't spoil my day; I'm miles away

Can buy me love! Please consider using these links to support the Beatles Bible: Amazon | iTunes

25 February 2011
10.58pm
skye
AZ
Apple rooftop
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We're in agreement then. I wouldn't use Apple Corp as a brilliant business model. a-hard-days-night-paul-1

Ad hoc, ad loc, and quid pro quo! So little time! So much to know!
25 February 2011
11.04pm
mr. Sun king coming together
Nowhere Land
Apple rooftop
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skye said:

We're in agreement then. I wouldn't use Apple Corp as a brilliant business model. a-hard-days-night-paul-1


A Model of What not to do, sure.
I tried to think of something powerful and moving… and failed.  "You were given a choice between war and dishonor - you chose dishonor, and you shall have war" - Winston Churchill
25 February 2011
11.10pm
skye
AZ
Apple rooftop
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Which is a shame because I wouldn't mind the swag from the company picnics. I can still hope for a job at Nintendo.

Ad hoc, ad loc, and quid pro quo! So little time! So much to know!
25 February 2011
11.15pm
mr. Sun king coming together
Nowhere Land
Apple rooftop
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10

skye said:

Which is a shame because I wouldn't mind the swag from the company picnics. I can still hope for a job at Nintendo.


Nintendo? That brings me Back………Ahh Mario.
I tried to think of something powerful and moving… and failed.  "You were given a choice between war and dishonor - you chose dishonor, and you shall have war" - Winston Churchill
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