A Quote by John McKinley
The most essential thing for us was to get the business model right, then put the world-class technology under it to support it. At Merrill, that meant not doing what people expected.
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Generally, the technology that enables disruption is developed in the companies that are the practitioners of the original technology. That's where the understanding of the technology first comes together. They usually can't commercialize the technology because they have to couple it with the business model innovation, and because they tend to try to take all of their technologies to market through their original business model, somebody else just picks up the technology and changes the world through the business model innovation.
The innovations are far more important because the technology itself has now way to impact the world for good until it's embedded in the business model. Innovation it's the combination of the simplifying technology and the business model.
You know, the technology was at the right place for us to build this world. The most difficult thing about doing The Croods was no doubt the building of the world. Every single thing in this film is organic. Organic things are tough. Very very labour intensive. And we have no man-made structures. You could argue that everything in this film is really an exterior. Even the interiors of the cave are exteriors. So building this world was the biggest thing of all, and the technology was there to do it.
When you figure it right down, none of us are in a really essential business but the farmer, and he raises so much that even his business is partly non-essential.
Visionary CEOs are not 'just' great at assuring world-class execution of a tested and successful business model: they are also world-class innovators.
So Merrill Lynch has launched its first campaign in years to advertise the accomplishments of its investment banking business. The ads feature things like Merrill's recapitalization of Sierra Pacific. I guess including "helping Enron achieve its earnings goals in 1999" might be a little awkward given that Merrill Lynch bankers are currently on trial in Houston for that "accomplishment."
When you're a part of any protected class, whether it is being a woman, a person of color, a part of the LGBTQ community, or an immigrant, we're expected to get everything right and be the embodiment of perfection when it is not expected of other people.
I believe 3D is inevitable because it's about aligning our entertainment systems to our sensory system. We all have two eyes; we all see the world in 3D. And it's natural for us to want our entertainment in 3D as well. It's just getting the technology - it's really more the business model than the technology piece. We've solved the technology.
The key thing is to invest in the future, and what that means is - when you're deploying technology or you're a technology business - is to make sure that you're keeping on the innovation cycle, where you're both creating and adopting the new business practices and the new techniques in order to drive your business the right way.
The key thing is to invest in the future and what that means is when you're deploying technology or you're a technology business, is to make sure that you're keeping on the innovation cycle, where you're both creating and adopting the new business practices, and the new techniques in order to drive your business the right way.
Fundamentally, the most important thing is to get the film made for me and to get as many people to see it as possible. And if I help that, then - I know I help that, let's put it that way. I do know that I help that. It is called show business.
Most of us function under the model we have to get something in order to do something, in order to be something. If this happens, then I will be happy. And I'm suggesting to you that we live our entire lives based on that model, and that model is fundamentally flawed.
You have to surround yourself with people who live, breathe and eat something that you're trying to do, and then it becomes a motivating thing for them to want to support and get behind what you're doing - it's all good then.
So my advice to startups in this particular category is if you’re going to put your product in beta - put your business model in beta with it. Far too often we are too product focused and not business-model focused. That’s one thing I definitely would have done differently with JotSpot.
President Trump is doing what he can to act decisively. And if there's one thing most people have in mind in distinguishing the business world from the political world is that the CEO of a business can act decisively.
My best advice came by examples. A supportive environment at home, school, and grad school. Support at the New York Institute of Technology, then George Lucas, Steve Jobs, and Bob Iger. The examples meant that I should support other people, even when things aren't going well. It will pay off.
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