Thanks to my Google Reader, I’m on a personal branding kick lately.
Last summer, I saw a preview of a brilliant and candid Broadway musical called [title of show]. The show is an interesting play of itself, as it tells the story of its own inception. The plot tells the true story of the characters as they actually write [title of show] (confused yet?). The four main characters wrote the show for a contest, which eventually lead them to Broadway.
One of my favorite songs from the show, “Nine People’s Favorite Thing,” in which the characters ponder on whether or not it’s better to sell out for the sake of making money or staying true to yourself and creating something really great.
“I’d rather be nine people’s favorite thing than a hundred people’s ninth favorite thing”
With personal branding and corporate reputation both on the mind, I began to relate this particular conundrum to brands. Is it better to be nine people’s favorite thing, or a hundred people’s ninth favorite thing?
For personal brands, I’d argue that it’s better to be nine people’s favorite thing. Think of it in terms of being an artist. Let’s say that instead of spending all of his time painting, Van Gogh decided to get a job painting walls for a living. All of those great pieces of art would never have been created. Van Gogh only sold one painting during his lifetime, but he never gave up on himself.
From corporate perspective, many would argue that being nine people’s favorite thing is not a sound business model. If a hundred people think you’re the ninth best thing, and they’re still buying, who cares? Create a product that is good enough to sell and do fairly well, then sit back and enjoy the benefits. But I think settling for ninth is a close-minded numbers-obsessed approach that is based only on immediate ROI. Don’t settle for mediocre, whether you are selling a product or branding yourself. If you’ll recall my Save Our Starbucks post, Starbucks lovers went nuts when 500 stores closed (a handful in comparison to the number remaining open). In tough times, you want to take the Starbucks approach and not settle for ninth, because the ninth favorite thing will be the first to go.
But how do you build a good business model on being nine people’s favorite thing? [title of show] sings it more succinctly than I could express:
“Those nine people will tell nine people
And then we’ll have eighteen people lovin’ the show
Then eighteen people could grow into
five-hundred and twenty-five thousand, six hundred people
Loving our show”
Time for the moral of the story: create a unique brand. It doesn’t matter if you’re crafting a personal brand or working on corporate reputation; if you create something great, the public will appreciate your brand not selling out for money’s sake. It just may take a hot second (and some kickin’ PR).
April 14, 2009
Categories: Uncategorized . Tags: corporate reputation, Creativity, personal branding, Starbucks, title of show . Author: tylerhwilliams . Comments: Leave a Comment