Connect with us

Business

Seth Berger Leads Sixers Innovation Lab In Camden

Published

on

Seth Berger
Entrepreneurs are flooding into Camden, including Seth Berger, University of Pennsylvania and Wharton School of Business alumni, best known as the Founder and former CEO of AND1. Seth Berger is managing the Sixers Innovation Lab Crafted by Kimball, which is housed in the Philadelphia 76ers Training Complex Business Operations Facility. Seth Berger has years of experience as an entrepreneur includes acting as a consultant and CEO in the gaming, technology and sports industry over the past decade. With a life long career in sports, Seth Berger provides opportunities for companies to grow using resources that are invaluable to business.
The Sixers Innovation Lab supports startups by providing individualized, industry-leading consulting and investment opportunities. Companies that are selected by Seth Berger and the Innovation Lab team will receive office space at the Innovation Lab, access to industry leaders, third-party branding, marketing and legal services, as well as free meals and housing in the Philadelphia area. There will also be unique opportunities to pitch to industry-leading investors and venture capitalists. Seth Berger is overseeing each startup that enters the facility along with advisors from StubHub, DraftKings, Rothman Institute, First Round Capital, Maven Creative and more.With a unique set of skills and lifelong achievements in the sports industry, Seth Berger is passing on his knowledge on growing your company into something incredible. Seth Berger tells us about what it takes to be an entrepreneur today, making a lasting impression in business, and how you can be a part of the Sixers Innovation Lab.Seth Berger

Describe your career.

I started a business in grad school at 25, which is now known as AND 1. It started as a T-shirt company in NYC, where I am from. Then, in seven years it grew to a basketball apparel, sports illustrated company. I ran two companies at that time. In the middle of AND1, I also ran hoopstv.com and made all of the mistakes I could. Made a couple of deals with retailers, but ultimately sold AND 1 in 2005 to American Sporting Goods. My kids at that time were six, three, and one years old. The goal then was to just be super dad, take them to school, and to see them everyday. I had part time jobs, I didn’t want a full position. I managed a few companies along the way but, my career basically had three parts: running AND 1, coaching basketball at Westtown School, an independent international school, and consulting and advising at Innovation Lab. Working at Innovation Lab combined all of my skills as a coach, consultant, and CEO. As a coach, it helped me become a better consultant and CEO to help identify and recruit really talented CEOs.

As an entrepreneur, what are some surprises that come your way?

Whether I was running AND1 or the Innovation Lab, there were always surprises. I’ve never run anything before, so doing AND 1 and the Lab were the biggest surprises. I was never really good in school, I was only a good test taker. Memorization is the only skill I had and my biggest strength is admitting that I don’t know and I need help. That’s how I got so far. If you’re always curious, you’ll always grow.

From ‘93-’05, old businesses had to make a lot of guesses when it came to prices and consumers. Nowadays, with technology, you can test everything. You can have consumers telling you a price, likings, and etc.

I’m also really surprised with how fast things move now. Businesses would take three-five years to grow, now it can be successful in three-six months.

What are some of the risks you took to get to where you are?

When I decided to start AND 1, I was maxed out of student loans and lived off of five Visas. If AND 1 didn’t work out, the alternative was to take on a job that I didn’t like and find incredibly boring, nothing I looked forward to. I took a risk as in if it didn’t work, I was going to be really broke, but the thing was, I was broke anyway so I didn’t really care. The actual risk or the biggest risk for anyone is time. Time is your most valuable resource. My risk here at the innovation lab is can I help manage five to six companies at the same. I have the mentality of, ‘I think it’ll work.’ But if I spend three to five years here and it doesn’t work, it’ll be a really big waste of time. As an entrepreneur though, you’re comfortable with mistakes.

How do you make a lasting impression when you get into a new business?

By offering significant day to day support to our companies. If all of what you want is a check and a network, then there are lots of places to get that. In the Bay Area especially, there are tons of them but that’s not us. If you want help to figure out your business, what you do on a day to day basis or annual basis, then that’s what we provide.

What recommendations do you have to aspiring business owners?

Know your consumer really well and focus on them, one of the biggest mistakes in entrepreneurship is people who say, ‘I don’t want to focus on consumers in our market because then my business won’t be really big.’ I say to them, ‘Build a small business before you have a big business, it shows you already have a business, then continue to build and expand.’  With all of our companies, we end the day with these questions: Who’s going to watch our videos? Who’s going to use our service, buy our products and be as specific as possible with those answers?

Entrepreneurs who are thinking about starting versus entrepreneurs who have already started. Those who haven’t started aren’t afraid of failing because everyone fails eventually. It’s actually because they don’t know how to take charge. When you are your own CEO, it’s like getting a blank piece of paper for an essay but with no question. Everything is already set, what time you go into the office, the dress code, etc. with your business, no one is there to tell you. Don’t be afraid to get help.

What are some benefits the 76ers Innovation lab offer that can’t be found anywhere else?

I think Rhyan Truett, Innovation Lab Director of Operations, and I make a great team, along with Philadelphia 76ers CEO Scott O’Neil, and other people on our team can be really insightful for your business. We also offer free housing, free food, and free office space for about three months. In which there’s also access to free snacks and the gym. Also, we have a marketing agreement with strategy branding for companies, possible free legal services, and lastly, you can play basketball here.

How does startup apply for the opportunity to pitch?

Interested applicants can submit an application form through www.sixersinnovationlab.com.

What industries have you seen so far?

Everything, from cyber security, foot apparel, you name it. Our owner has a really broad network. If we can add value to your company then be let’s be a part, but if we can’t help you then it doesn’t make sense to apply.

Tips for entrepreneurs who are interested in being at Lab?

Always be willing to learn, companies who are in here are different from when they first came in. Be interested in improving. Companies who just need a check are not for us. There are three things we look for: first is what you take in, how smart, how focused, and how intense you are. Your team is a major aspect. For me, a team is the most important. I have members who studied in Wharton and are way smarter. Second, is the idea. Something you can protect and is unique. Lastly, how can we help you? If the company already had parts one and two, then how can we support you.

What is the piece of advice that helped you throughout your career?

In the fall of ‘93, when we were selling team shorts. I met Michael who owned a record company. He started his business by doing 45s. Back in the day, they used to do single records of songs of TV show songs like The Flinstones, The Munsters and all of the sudden his business blew up. He asked me, ‘Why do you want to be in business? Why do you wanna make a difference in kids’ lives?’ I said, ‘I think this business can reach kids and I can make a little money on the way, I also get to spend time with friends.’ He assured me then that you’re in business to make money, you’re not in it for your ego, you’re not in business to make friends, and you’re not in business to change who you are. And he was right. For awhile we thought we served kids as opposed to our consumers. When I got with our accounts, I asked, am I going to make enough and do I need more? If I bring in people who are around me and they get a piece of what I have or more, it’s okay. If you’re giving them pieces of yours, then they’ll eventually give more back to you. If you’re not giving your team a piece and think you have to be more in control, then it won’t work out. Like I said before, teamwork is the most important aspect of a business. Be willing to give.

Jie writes about influencers and startups in various industries. She is a designer turned techie, and when she is not writing, you can find her in her workshop working on her next big project.

Business

Interview With The Tangent Agency CEO, Marc Becker

Published

on

Tangent Agency
Going by the motto “It’s not who you know, it’s who knows you,” The Tangent Agency has worked on many large projects, including Despicable Me, X-Men, Deadpool, Fifty Shades of Grey, and many more. Leading Tangent Agency is their CEO, Marc Becker. He comes with 7 years of experience as an Executive in the Global Brand Marketing team at Universal Pictures. Working closely with filmmakers, stakeholders, and brands, he helped develop campaigns for films across NBCU/Comcast platforms. Marc joined Tangent after using them as a trusted vendor while at Universal and now oversees business operations working for a creative powerhouse. The Tangent Agency brings big ideas to life by creating innovative content for their partners.
Marc granted us an interview to give us some insight on business and offered advice for those looking to advance their careers. He tells us about their new leadership team and how AR and VR is having a moment. 

What is your day like as a CEO?

When you’re running a company, you have to a wear a ton of hats. I always joke that I should change my business cards to read “Janitor to CEO” because that’s really what I have to be. On a typical day we’ll have a team check-in to talk about priorities followed by picking what music or movie we should put on in the background. My music is usually vetoed so our CSO, Daniel, has been on DJ duty for the last couple months. From there, I’m usually joining calls with partners ensuring we’re clear on all their objectives and deliverables. In addition to the account management side of things I’ll work with the team on brainstorms for ideation and reviewing material before it’s sent out to the partners. Another big part of my day is usually working on business development whether it’s chatting with partners/collaborators or potential clients who could use our services. I’m also a big proponent of mentorship and sharing my experiences whenever possible, so I NEVER turn down an informational interview - I tend to do them pretty often. It sounds very business school-y, but now that we’ve hired a couple more members of the team, I’m looking forward to working more ON the business instead of IN the business, which will enable us to scale a little faster.

What makes Tangent Agency different from other agencies?

At Universal, I used to hire nearly every agency under the sun. At Tangent, we are both a creative partner and thought partner, and all our strategy is insight-driven. We work with some of the biggest brands and on the biggest franchises, consistently delivering the quality and the marketing product you’d expect from a major creative agency, but also offer some unique capabilities like Strategic Sales Materials, Franchise Development, and Mythology. Our partners turn to our design team to develop a visual identity for their properties bringing their brands to life. Just as importantly, Tangent leads the way in deciphering data and creating a compelling story to pitch the property, often from scratch. Franchise development, while a critical storytelling and brand development device, is still a largely untapped part of entertainment marketing, and Tangent’s team is some of the best in this field. By breaking down the complex nuances of your favorite films and television shows, the process of mythology provides an avenue and a lens into the backstories of the characters and plot points to help our clients develop endlessly engaging story universes. The Tangent creative team has been both on the agency side and the client side and are truly some of the best in the business. I continue to be inspired by them on a daily basis.

What are some of the best projects you’ve worked on?

We’re proud of all our projects and they each present their own unique challenges and opportunities.  We like to say we’ve worked on everything from My Little Pony to Straight Outta Compton.  I find it exciting to work on independent films and Academy fare projects as well as the big global blockbuster franchises like the X-Men or Jurassic World.  Our resident super-geek and CSO, Daniel Barber, loves all things sci-fi and superheroes so I’m sure he’d say Deadpool 2, Logan, and Speilberg’s Ready Player One are a few he’d cite. On a personal level, it’s been special to be working on some of the Universal properties such as Despicable Me and Fast & Furious.  We’re under NDA so I can’t say exactly what we’re doing on the projects, but I spent so many years at Universal working internally with the brilliant filmmakers and collaborating with my old team and everyone around NBCU to help manage those brands, it’s fun to continue to work on them in this new capacity.

Who are some influencers that you admire?

I’ve always been a fan of the humble way of life Warren Buffet continues to maintain. Bill Gates has not only built an incredible empire and wealth, but continues to baffle me with his work through the foundation and his charitable contributions. Zuckerberg seems to be following in the footsteps of Gates, and I admire his commitment to making the world a better place. Sheryl Sandberg has become a voice of a generation of women and I appreciate the work she’s done to help break the glass ceiling. I know I’m leaving a bunch of people off, but I think you can gather the overall trend - successful people that seek to make a difference in the world.

What advice has helped you the most throughout your career?

I’ve been extremely fortunate to have mentors champion me throughout my career and sprinkle many insightful gems of advice throughout the years. One piece of advice that has always stuck with me is from my old boss, mentor and friend David O’Connor, who runs Brand Marketing at Universal. He always used to say “don’t be afraid to ask questions.” Too many people let their egos get in the way of being inquisitive for fear that they will be perceived as unintelligent or ignorant. It’s important to be strategic about asking questions and know when it’s appropriate and when questions should be taken off-line, but I’ve found it incredibly valuable to “be real” and honest with the people around me in both my personal and professional life. If I don’t know something, I ask and I remember, and then I have the knowledge going forward. If there’s something that isn’t my strength, for example graphic design, I can leave the work to the experts and allow people around me to shine.

What are some business tips you can give to startups?

Don’t be a jack of all trades and a master of none. Know what you’re good at and be the best at it. Or don’t be the best at it, just make sure you know what your value proposition is. In regards to people looking to launch a startup, I can’t tell you how many times entrepreneurs, friends, peers, etc. come to me with a business idea they “can’t tell me about.” Odds are, the idea isn’t an original idea and someone else has thought of it - it’s all about execution. You absolutely want to do your homework and discovery, but too many people suffer from analysis paralysis and never pull the trigger. The only way to make things happen is to actually execute. If something isn’t working, don’t let ego get in the way of being flexible, and don’t be afraid to make a pivot.Another tip is to always consider the end user. These fans are real people who are passionate about whatever brand/product you’re selling. In today’s world with social media being what it is, everyone can vocalize their opinion and has a pulpit by which to express it. Whether you’re marketing a multi-billion dollar blockbuster franchise or selling from a lemonade stand, it’s important to consider your customers.

What are some recent company milestones for The Tangent Agency?

We rebranded and restructured the company 18 months ago with a new leadership team: Ben Taylor (CCO), Daniel Barber (CSO), Mat Guillen (Art Director), and myself as CEO. We just completed our first year with the refreshed company and have seen incredible results and continued growth. Another recent milestone is we’ve expanded our Experiential, AV, and Digital capabilities.

What will make this year better than last year?

We’ve carved out a great niche for ourselves as one of the industry’s best kept secrets, working a lot behind the scenes. This year, we’re excited about becoming a bigger player in the experiential world and working on more consumer facing materials. It’s only January and we’re already having productive conversations with some of the leading content creators and key players in new technologies such as VR and AR. TV and Interactive Gaming are both having big moments, and we are excited about the opportunities for Tangent to collaborate in both areas. We’re looking forward to expanding our relationships with existing partners and working with new ones.   
Continue Reading

Business

How You Know A Co-Working Space Is For You

Published

on

co-working space
Working at home is one of the best reasons to become a freelancer. However, there are people who work better when they need to get up and get dressed or when they are surrounded by co-workers. A group of people doing different jobs but working together in the same space is called co-working. Here are some ways to determine whether it's time to look for a co-working space.

You're Not Getting Work Done

Working from home is great but only if you get work done. This is perhaps the obvious sign that you need to find a co-working space. If you’re snacking every 15 minutes or you spend lots of time on social media instead of getting work done, you seriously need to consider a co-working space.

You Want Human Interaction

Humans are naturally social beings. Even if you hate some of your old co-workers, there is something about being about other people that can help you work hard throughout the day. You might not like some of your co-workers but sometimes it's nice to have somebody to complain to or chat with every day. If you find that you’re missing water cooler chats or if chat messaging is not enough, perhaps it’s time to look for a co-working space.

Your House Is Distracting

Your house has a bed, a TV, a fridge full of food and maybe your kids. All of these can be distracting especially if your kids need attention or if there's noisy construction nearby or when a telemarketer calls. Distractions also keep you from focusing on work and getting it done in a timely manner.

You Need To Meet Clients

Yes you house is cozy and warm, but is it really an ideal place to meet clients? What if your home is a studio apartment? Is there enough space for all of them to discuss matters comfortably? Co-working spaces have common areas like conference room where meetings can take place in a more professional atmosphere.

You Need Space

There are just some types of work where you need a big space. You might need lots of light, big windows or a big table or space for bulky equipment. Not all co-working spaces are big, but there might be something that can accommodate your need for bigger space.

You Need To Get Out Of Your PJs

If you haven't changed out of your pajamas for a couple of days, perhaps you need to look for a co-working space. Changing into something more professional could help you focus and become more productive.

You Need A Central Location

Your house could be out in the suburbs or somewhere not accessible to public transportation which can create logistics problem not only if you're meeting clients in their offices but for supplies deliveries too. A central location - which some co-working places have - is not only convenient to clients but for other matters too.

You Need To Grow Your Business

A home business is fine if you only have 1 or 2 employees. But what happens when you need to scale up and need more space? A co-working space can give you the flexibility to scale up or down depending on your needs. Depending on the co-working space, it can be for a small 1-man team or a 10-person team with access to a conference room.

Networking

When you’re in a co-working space, you are surrounded with other goal-oriented people. This is a good opportunity to network with them, learn their business or share thoughts. Having access to people in different industries can open new doors of opportunities.

You Need Work-Life Balance

Work-life balance is important but it can be hard to achieve for some people when you work from home. Chores, children and distractions make it hard to focus on work so it creates an imbalance by making it hard for you to work. When you’re in a co-working space, you can forget about your house for a while to focus work. However, you still have the freedom to attend to your child's PTA, go to the gym or pick up your dry cleaning.
Continue Reading

Business

8 Benefits To Owning A Drone

Published

on

reasons to own a drone
Drones have become one of the most popular gadgets of 2016. It is used in different ways ranging from disaster relief to pizza delivery. Thanks to technology becoming more affordable, people are buying drones for different purposes. If you are thinking about buying a drone, here are some interesting ways it could benefit you.

Enhance Real Estate Photos & Videos

For realtors, the drone can be a godsend. It can help you enhance aerial photographs of a property and even do over head videos. In fact, using drones for real estate is one of the hottest ways to benefit from owning a drone. Using drones in real estate is one of the best ways to showcase a property. Plus, if other real estate agents don't have drones yet, you have a distinct advantage of showing potential buyers unique views of a property. Aerial shots will give potential buyers spatial information and give you an edge among potential clients.

Monitor Farms

If you're a farmer that loves technology, you can use drones to monitor your whole farm. Drones can bring information about your crops or herd. Use this technology to determine the health of crops and animals, how much pesticide or feed you need or where to apply it, or determine the best time for harvest. Drones can also be used to determine crop rotation to help maximize yield.

Better Photography Business

It seems that everybody with a camera these days instantly becomes a photographer. But if you want beautiful and unique shots, a drone can up your edge among the competition. Adding a drone to your arsenal can give you shots and videos that no other photographer has taken before. Not only are drones great for aerial photography, they are also used for weddings, parties, and other events to help photographers capture a bird's eye view of the occasion. Offering aerial shots of an event will ultimately become part of the package for many photographers in the future.

Map Your Property

Want to see what your house looks like from the air? Get a drone and find out. Many people love their home so taking pictures of it is perfectly natural. Drones can take high resolution photos, so you can frame aerial photos of your house to show guests.

Catch Corrupt Companies Red Handed

In Oak Cliff Texas, a drone captured a river of red. It turns out that a meat packing company was dumping blood in the Trinity River which led to multiple investigations. It helped stop the pollution of a body of water.

Up The Social Media Ante

If you're a social media addict, a drone can greatly improve your visibility and lead to more likes and follows. Many people do selfies with their cameras so why not add a twist to your usual selfie by taking it from a drone and uploading it to Twitter, Facebook or Instagram. This is a good way to become social media royalty and lead to money making ventures in the future.

Stunning Footage

You don’t have to be a professional photographer to take stunning photographs. In some cases, all you need is a drone. This is because an aerial shot is very unique and almost always awe-inspiring, no matter who takes it. If you want a unique photo or video of ordinary like fishing on a lake, make it into stunning footage by shooting it on a drone.

It’s Fun

Drones are fun. The FAA keeps on rolling out rules to limit what you can do with drones but it does not diminish the fun you have with it. Drones are fun not because of the FAA's limitations, but because man has always wanted to find out what it feels to fly. With drones, we can do this and see the world from a bird's perspective.
Continue Reading

Trending