Michael Jackson History: Michael Jackson - The Icon and Entrepreneur

Michael Jackson: The Icon

Until his death at the age of 50, Michael Jackson has been all over the TV, the papers, and the magazines. He always had an iconic presence in the music industry since he started his solo career back in the 80's. In fact, a lot of music experts have declared him as Michael Jackson, the king of pop. His album "Thriller" sold more copies than any other record in its time. The concept of his music videos, which encouraged the MTV culture, showed how extremely talented he was but what most people do not know is that Michael Jackson was also an entrepreneur.

Michael Jackson

Michael Jackson: The Entrepreneur

Michael Jackson History: Michael Jackson - The Icon and Entrepreneur

What do you think Steve Jobs, Bill Gates, and Warren Buffet have in common? These men built something out of nothing. They came up with products and services that no other people have thought of. They dominate their respective industries for many years now as a result of their hard work and immense talent.

Michael Jackson is very similar to these people. He used his skills in music and applied them in various areas and fields that nobody else had exploited. The music videos he produced inspired many musical artists, which eventually led to the popularity of MTV and the like. Michael Jackson's album generated millions of dollars in sales. He used his money as further investment into his brand and bought 50 percent of the most valuable music assets of all time, the Lennon-McCartney (Beatles) catalogue. The royalties from this acquisition earned him millions in profits. He also bought two Australian-based music publishers which eventually merged with Sony and earned him close to 0 million.

Michael Jackson's Entrepreneurial Characteristics

If you have been looking of pop. Here are some examples:

• Think first before you speak - The media is a perfect marketing tool, but saying wrong things at the wrong time can lead to life-long damage to the brand you have painstakingly created over the years.

• Stick to your values - Michael has gone through major transformations over the years, and most of these damaged his image as the Michael Jackson icon. No matter the opportunities that tempt you to change your values, these changes can be fatal to your company in the long run.

• Build a network of honest people - Michael mistakenly associated himself with people who put their own interests above his. Business success brings in wealth, but it also attracts negative elements that you and your business are better off without.

• Be financially wise - Save more and think twice before making unnecessary purchases. Watch your cash flow, and pay close attention to all the items on your balance sheet. If you have an advisor who handles your money, supervise the process and do not be just a check-signer.

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5 Lessons entrepreneur life of Michael Jackson

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With the recent adoption of the first Michael Jackson, here are 5 lessons every entrepreneur can learn from some of his mistakes.

Your marketing message can make or break You - there is no doubt that for most of his career, Michael Jackson used the media to their advantage. However, in subsequent years, the media have turned on Michael Jackson and his worst enemy.

Your company must pay particular attention toMarketing materials and message. Make sure they know who you are and what your company will be online. Be careful as you are. And never exaggerated claims about your products or services.

Stay True, who we are - We have all seen pictures of Michael Jackson's transformation from a handsome young black man in a scary white man (no offense).

There have been many speculations about the reasons forTransformation, but the lesson is to learn to always remain true to yourself.

Often the economy - especially under the circumstances - there's a lot of pressure and the temptation to deviate from their fundamental values. But it's more difficult moments when you need to draw on these values, you're through.

Do not let external events or circumstances that are defined. Be honest with yourself and the true success is only a matter of time.

Select your team looking smart --Top Michael Jackson 's life, there is no doubt that many of the people in his "field" is not in his best interests at heart and had just quit what they could from him.

The sad fact of life is bigger and more able to become, the more you win followers. So be careful to build a team of people around you that your vision and have similar values for you.

As we grow, if possible, make this a trusted advisor. And if at any timeit is clear that only one member of your team really play ', do not hesitate to abandon it.

Manage your - it funds is reported that Michael Jackson with serious financial difficulties, before he died. This shows - is not what you earn, is to keep as much as you.

Pay attention to your finances and cash flow. Do not make mistakes - that many entrepreneurs and small business owners believe - that the money= Money.

Make sure you have a good understanding of your overall budget, so you know exactly where you are in relation to the profit and loss are available. Apply to finance the same staff.

Do not Over Stretch Yourself - Shortly before he died. Michael Jackson has committed to implement 50 nights at London's O2 Arena. But many industry experts questioned when Michael Jackson was sufficient to provide such a physically and mentally fitemotionally demanding timetable.

It is now proposed that the stress he felt before this benefit can make a significant contribution to the Michael Jackson 's death was premature.

The lesson to be learned from this is not about to commit. In reality often find that you are much better under-and over-deliver bond.

Because if you could do more death of you and your company.

Ade Shokoya