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The Beatles: The ultimate business model
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RedLennon
Whitewater WI
194 Posts
(Offline)
1
24 February 2011 - 6.25am

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

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Joe
Pepperland
4512 Posts
(Offline)
2
24 February 2011 - 8.02am

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

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

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mjb
519 Posts
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3
24 February 2011 - 12.05pm

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!"

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mr. Sun king coming together
Nowhere Land
6429 Posts
(Offline)
4
24 February 2011 - 12.32pm

True, but he Also gave a monopoly away on their British Tours

As if it matters how a man falls down.'

'When the fall's all that's left, it matters a great deal.

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skye
AZ
2252 Posts
(Offline)
5
25 February 2011 - 2.30am

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!

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Joe
Pepperland
4512 Posts
(Offline)
6
25 February 2011 - 4.56pm

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

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skye
AZ
2252 Posts
(Offline)
7
25 February 2011 - 10.58pm

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!

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mr. Sun king coming together
Nowhere Land
6429 Posts
(Offline)
8
25 February 2011 - 11.04pm

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.

As if it matters how a man falls down.'

'When the fall's all that's left, it matters a great deal.

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skye
AZ
2252 Posts
(Offline)
9
25 February 2011 - 11.10pm

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!

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mr. Sun king coming together
Nowhere Land
6429 Posts
(Offline)
10
25 February 2011 - 11.15pm

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.

As if it matters how a man falls down.'

'When the fall's all that's left, it matters a great deal.

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