How does my recent need for a phone charger relate to RadioShack’s $21 million dollar 2nd quarterly net loss?
Plenty.
On a recent visit to NYC, I needed two micro usb chargers for phones. “No problem, there’s RadioShack a few blocks down the street,” my daughter said.
Off I go, as the marketer in me is thinking that The Shack still has relevance to 20 somethings.
I walk up to the phone charger display. Nothing. The usb options are all mini usb – the outdated standard.
I ask the clerk. She looks around and tells me they don’t have any. I look in every aisle. Still nothing.
For me RadioShack has always been the place to go when you need to make something work. They failed. I went to Rite-Aid and bought what I needed within five minutes.
Last week, RadioShack shocked investors with a a huge net quarterly loss. Margins tanked as they focused on selling low-margin iPhones. But I can’t walk-in and buy an incredibly high margin and very much in-demand phone accessory.
I’m sure someone in the company’s Fort Worth headquarters is saying that my experience is a fluke. My response, “Get away from the desk and see what is really happening.”
Amazon is expected to launch same day local delivery soon by partnering with local brink-and-mortar stores with Amazon pick-up lockers. Think of the power of RadioShack’s 4,700 corporate locations as Amazon’s delivery channel while offering high margin products and services that make today’s electronics work. Here’s Forbes take on the idea.
One of the best things I like about working with volunteer organizations is what I learn from collaborating with others. Teams with different backgrounds and experiences bring new perspectives and greater value to the organization as well as to our daily jobs.
Recently I wrote a post for My Web Writers detailing five useful project management tools we used to plan TEDxFortWayne. Click here or on the image below to read how these tools can help make your project a success.
What tools have you learned from others that have helped you?
Trust is powerful force. Stephen M. R. Covey in “The Speed of Trust” shows how trust greatly accelerates the speed to completion. When it is high between two people, things get done.
Recently, Peter Dunn (PetethePlanner.com) discussed “What it Means to be an Expert” at an Indy Social Media Lunch.
Starting out in the early 2000s, Pete was a one of a million financial planners. Then in 2005 he started building a personal brand as Pete the Planner in order to set himself apart as a financial adviser for the “rest of us.”
Now. he’s the author of three books, host of the The Pete the Planner show on 93 WIBC FM radio. creator of WISH-TV’s 60 Days to Change, regularly appears on Fox News, Fox Business, CNN Headline News and numerous nationally syndicated radio programs. I contend Pete has become one in a million.
After lunch, Pete took time to share with me how trust plays a key role in building your personal brand and spreading your content through media outlets.
How has trust helped get things done quicker for you?
I look forward to hearing from you!
- Don Kincaid
Video Transcript
Peter Dunn: A big key of having people see your stuff you worked so hard to develop this content, is to become a trusted source for the producers of the content.
So often you want to go to the on-air talent, the radio talent, but the people you really need to know are the producers of the program. It’s of course good to know the on-air talent, too. But the key is this: you have to produce good, valuable, reliable content that’s not about you and your business, but about serving the consumer, serving the viewer; and certainly serving the audience of the network you’re on. So, being a trusted source, not being “me-centric”, is the way to go.
And hey, you’re not going to get paid for it. But the pay comes from the fact that you’re going to be highlighted on a regular basis delivering your valuable content, something you’re passionate about. So not all rewards, not all compensation is monetary. And just know, if you can use the media appropriately, not use it negatively, it’s really gonna help your career.
Indiana’s News Center INsight’s Heather Schoegler and Amber Recker challenge us to tell our story and inspire others at TEDxFortWayne 2012. Take a look at the video segment to learn more from the ladies.
Submit your speaker application before March 30 at TEDxFortWayne.com
Movie date night is an early Tuesday evening (cheap ticket and Coke zero prices) escape with Paulette. Sit back, relax and be entertained by a movie.
This 47 second clip from “We Bought a Zoo” was a highlight for me from a recent movie date night.
I didn’t know I would walk out with a good piece of self-talk to help me when self-doubt creeps into my head. ”Sometimes all you need is twenty seconds of insane courage” is good advice. Don’t let your mind talk you out of taking action with all the what-ifs.
How do you conquer those moments of self-doubt? I’m anxious to hear your thoughts.
Over the Christmas holiday, I highlighted 30 of my many twitter relationships that moved to face-to-face relationships in 2011.
This is power of social media. Finding common ground through online conversations which lead to people helping people. Ultimately these relationships define our personal brand.
I encourage you to look through these tweets and get to know those you haven’t met. I bet you’ll be happy you did.
One request: Share a comment about someone we should meet in 2012.
#ff Starting my list of kind people that I'm thankful for their F2F friendships. Follow them, meet them and you'll be richer.— Don Kincaid (@DonKincaid) December 23, 2011
#ff @RandyClarktko He brings people together and simply asks, "What do you need and how can we help?" Good things happen.— Don Kincaid (@DonKincaid) December 23, 2011
#ff @ScLoHo Scott supports and politely challenges me to do better every time we meet. A very good listener.— Don Kincaid (@DonKincaid) December 23, 2011
#ff @HSchoegler Heather, for her sharing and kindness throughout the year. Thank you.— Don Kincaid (@DonKincaid) December 23, 2011
#ff @markwschaefer He hails from TN. Met F2F in Bloomington. The best marketing mind at making sense of the traditional and digital world.— Don Kincaid (@DonKincaid) December 24, 2011
#ff @wireless987 I've known and appreciated Corbin for 7+ years. A steady rock. I need to make sure you meet him!— Don Kincaid (@DonKincaid) December 24, 2011
#ff @amrecker Amber, passionate about enhancing the quality of life of those affected by cancer through @CancerSvcsNI + a foodie & more— Don Kincaid (@DonKincaid) December 24, 2011
#ff @BuyNick Seamlessly moves online to F2F. New follow, "let's get a cup of coffee" Sales the way it should be. Genuine, helpful, not icky.— Don Kincaid (@DonKincaid) December 24, 2011
#ff @TechSavvyLender Chris is a servant leader. Reaches out by listening, sharing, helping. Check out his videos. Thank you Chris!— Don Kincaid (@DonKincaid) December 24, 2011
#ff @lawnboygreen Came to town last yr. Quietly & humbly built a strong lawn service business. Met Joe @ #IN_SM10. Proud to call him friend.— Don Kincaid (@DonKincaid) December 24, 2011
#ff @23skidooooo @ryanmfox Jen & Ryan: Smiles, style, good vinyl, craft beer & cares about the Fort. + she's been in the Rialto this month!— Don Kincaid (@DonKincaid) December 25, 2011
#ff @KitWessendorf The man of many voices. Thanks for listening and your help this year.— Don Kincaid (@DonKincaid) December 25, 2011
#ff @RockyWalls Helped me find the power & ease of online video. Can also make editing and post-production a breeze w/ @12starsmedia— Don Kincaid (@DonKincaid) December 25, 2011
#ff @dkinnaley Dan enjoys marketing and learning. Not shy about grabbing an opportunity to learn a business then proving he's ready for…— Don Kincaid (@DonKincaid) December 25, 2011
#ff @RobHenry22 He's emphatic on building value for Thermodyne. Recently added maintenance videos to youtube for better CustEx. + HockeyGuy— Don Kincaid (@DonKincaid) December 25, 2011
#ff @LeilanMcNally Sincere, more than caring – he does. Like 60 hrs straight SA bell ringing, I'm impressed every time we sit and talk.— Don Kincaid (@DonKincaid) December 25, 2011
#ff @papaslingshot Met this Purdue man in B'town When he doesn't know something, he figures it out. Successful because he can change!— Don Kincaid (@DonKincaid) December 26, 2011
#ff @SarahVArnold A good, active listener. She's started teaching at Ivy Tech and loving it. Get to know her, you'll be better for it.— Don Kincaid (@DonKincaid) December 26, 2011
@ff @longsre @fredcannon @ajmotia Rick, Fred and Ashley. Good conversationalists. Friends. Subjects can range from pets to leadership.— Don Kincaid (@DonKincaid) December 26, 2011
#ff @BeTheLink Andrew = Love Thy Neighbor; 700+ times this year. He collaborates with and challenges networks. Walks the talk.— Don Kincaid (@DonKincaid) December 26, 2011
#ff @andersonjake Jake isn't talking about it, he's doing it in his security, low voltage business. Old, new ideas. Whatever works. Helpful.— Don Kincaid (@DonKincaid) December 26, 2011