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Selling books to the “silver” market – the future of book stores?

The brilliant Japanese chain Tsutaya recently opened this gorgeous looking book store in Tokyo, Daikanyama T-Site. Analog, digital, a third space targeted at the “silver” or “premium age” market of over-50s, coffee shop, cocktail bar, travel agency, “concierges” the same age as the intended customers. When will someone start building these in the US?

Salesman who makes culture happen

The British art dealer Jay Jopling had Lunch with the FT on March 2nd, and had plenty to say on his role as a salesman for artists. Jopling and his White Cube galleries are most closely associated with the Young British Artists, Damien Hirst, Marc Quinn, the Chapman brothers, Tracy Emin and his ex-wife Sam Taylor Wood. He is a salesman who makes culture happen.

He described himself as a leveler, bulldozing the barriers between class and artistic classification: “I always liked to collide the establishment with the avant-garde.”

An enthusiast: “The relationship with artists is what drives me… I love going to artists’ studios. The thrill of walking in, seeing something no one has seen – it’s the best thrill.”

He had an early job selling something other than art, fire extinguishers: “He would set his sleeve alight to demonstrate their effectiveness… “If you can’t sell, you lose your artists.””

He gives luck, fun and hard work their proper due:  “I was very lucky to be in the right place at the right time. I really enjoyed the artists’ company, we had a lot of fun…That generation came out of art school kicking and screaming and I happened to be in London at the time…What was so exciting then was a guiltlessness to those artists – we were happy not to work within a conventional framework. With Damien, there was very strong personal chemistry, shared ambition, an overriding desire to get things done yesterday. When we met, we left each other at 4am, and at 9am there he was at my house in Brixton. He showed me his plans for sculptures, fish cabinets, the shark, the first spot paintings, and we said, ‘Let’s make them!’ Within three months the fish piece was in a show at Manchester’s Cornerhouse.”Image

He makes the work of artists comprehensible and valuable to buyers and to create an environment for artists to succeed: “Every artist is different, there’s no recipe for how you represent them. Some enjoy engaging with broader audiences, most are interested in their market performance, others just want to be left alone. Our job is to create the boundaries in which the artist can best make his work – from facilitating to archiving.”

He is constantly navigating the line between art and commerce: “As a dealer, the greatest thing you can have is an appreciation of art, lack of preconceptions – and extraordinary stamina. You’re nurturing artists’ careers, strategizing at a business level, you have to be a showman, and you’ve got to travel exhaustively…The immortality an artist can attain is an immortality unlike any other. It’s important to look forward, to when something can transcend its time, but it’s also a business.”

NPR interview on Silvio Berlusconi – the Playman

http://www.npr.org/v2/?i=147421351&m=147421386&t=audio

Berlusconi in Winter

The Atlantic today published my interview with Silvio Berlusconi. I met him at his Roman apartment in Rome on January 27 at the end of a month I spent as a Visiting Scholar at the American Academy in Rome. Berlusconi is above all else a terrific salesman, complex, disarming and dangerous. For all he may have done in his life – and he’s done a lot both good and bad – he was one of the most entertaining politicians I’ve ever met, both proud and self-effacing, ready to mock himself and then in the next breath to make extraordinary boasts and provide convoluted explanations for his licentious behavior. He was arrogant but not at all pompous. And he clearly still regards most other politicians as beneath his contempt. I was warned beforehand by many Italians that I might end up liking him – and I fear I fell into his trap. 

Here’s a man who knows the whole world considers him an inveterate rake and sleaze bag, and he tells me: “I’m not a Playboy. I’m a Playman,” and that the only thing no one has ever accused him of is “being gay”. Not that he has anything against gays, of course. Quite the opposite. “The more gays, the less competition.” There is a recklessness to Berlusconi which enlivens Europe’s otherwise dreary political class and has appealed for years to millions of Italian voters.

How many Eurocrats, after all, write Neapolitan love songs in their spare time? This is Mariano Apicella singing Meglio ‘Na Canzone – lyrics by S. Berlusconi.

Mr. Euro

I ran into this guy standing outside the Italian parliament in Rome this week. He is Mr. Euro and he appears on television several nights a week. His job is to make members of parliament look stupid by asking them awkward questions as they leave work.

Starred Kirkus Review of The Art of the Sale

THE ART OF THE SALE [STARRED REVIEW!]
Learning from the Masters About the Business of Life
Author: Broughton, Philip Delves

Sales was not part of the curriculum at Harvard Business School. Former Daily Telegraph journalist Broughton (Ahead of the Curve: Two Years At Harvard Business School, 2008) explains why that’s a big problem.

For the author, sales is where the rubber hits the road, where the deals are done. If a business can’t sell its product, of course, it won’t survive. More Americans are employed in sales than any other line of work. Not to be confused with marketing, the author’s definition of sales goes from his sons’ lemonade stand to the Dalai Lama representing the Tibetan people against Chinese repression. Broughton has met with top sellers around the world, traveling to Japan, Morocco and the United Kingdom in search of the keys to success in sales. In addition to his interview research, he examines academic studies, history, self-help literature, academic research on the psychology of selling and the character attributes of sales people. He explores the differences in theory and practice, and he draws from the history of the field, by way of P.T. Barnum and Joseph Duveen, who brought fine-art sales to the U.S. Broughton does not exclude the seamy underside—e.g., pharmaceutical companies recruiting college cheerleaders to “sell” their products to the country’s doctors, who “buy more and prescribe more to please ex-cheerleaders than they do for salesmen who look like themselves”—but he supplies plenty of success stories, including Ted Turner, casino magnate Steve Wynn and former AOL executive Ted Leonsis.

Entertaining, balanced and provocative.

Thank you Kirkus.

The Zen of Coughlin

A great profile of Tom Coughlin, the long-serving coach of the NY Giants, in today’s NY Times. Coughlin’s habits suggest he would have made a great salesman. He is a stickler for rules and routines, and a believer in the power of motivational speeches. While all around him teams and coaches search for the next new thing in the NFL, Coughlin sticks to the tried and true.

“Taught by his father, a World War II veteran, Coughlin liked to be in charge: he was the catcher on the high school baseball team, the point guard on the basketball team and the captain of the football team. Rules and accountability, his friends said, pervaded his life.

Over time, his contemporaries say, Coughlin came to view his rules as producing more than just discipline. They are a key to consistency, and to Coughlin consistency leads to routine, and routine leads to preparedness, and preparedness leads to proper execution.”

The piece also quotes the former Giants executive Ernie Accorsi who says that the finest NFL coaches have always had one common trait: very high intelligence.

“Vince Lombardi taught high school chemistry, Bill Walsh could have been a college professor, and Paul Brown qualified for the Rhodes scholarship. Tom Coughlin is in that mold. It’s his intelligence and football knowledge that has made him successful.”

Leadership lessons from Hannibal, Caesar and Ataturk

Solon

I reviewed three books, on Caesar, Ataturk and Hannibal in today’s Wall Street Journal.

The question posed by all three is what do these venerated leaders have to teach us today? The Caesar and Ataturk books are quite formal military histories. Andreas Kluth’s Hannibal and Me is a more meditative and original consideration of the purposeful life.

What after all, is a good life? According to Herodotus, Solon, the philosopher, said the most fortunate man who had ever lived was Tellus of Athens.

“Tellus was from a prosperous city, and his children were good and noble. He saw children born to them all, and all of these survived. His life was prosperous by our standards, and his death was most glorious: when the Athenians were fighting their neighbors in Eleusis, he came to help, routed the enemy, and died very finely. The Athenians buried him at public expense on the spot where he fell and gave him much honor.”

Solon’s claim infuriated Croesus, the Lydian King, who after showing off all his wealth expected Solon to say that he Croesus was, of course, the most fortunate man ever.

The Art of the Sale – Learning from the Masters About the Business of Life

My next book is out on April 12th. The Art of the Sale – Learning from the Masters about the Business of Life is about salespeople, who they are and why they can do what they do. The idea for it first came to me while I was at Harvard Business School, where sales is not part of the curriculum. Why, I wondered? A professor told me that if I wanted to learn selling, I should take a two week night course.

And yet what is business but creating a product or service and then selling it? Why should sales be so belittled by the business academy? The harder I looked, the more contradictions I found. There is Arthur Miller’s grim portrayal of selling in Death of a Salesman, as well as Horatio Alger’s tales of Americans who pull themselves up through society’s ranks with a ready smile, hard work and a knack for selling. We reward great salespeople with high political office and great fortunes, and yet society also belittles selling as tawdry, the back-slapping car salesman trying to gouge out a few extra cents.

Whenever I have had to sell, I’ve found it hard. Selling requires persistence, the adoption of masks and attitudes, conviction, persuasion, empathy and a bullying streak. More than any other aspect of business, it forces you to ask that most fundamental question: what are you willing to do for a buck?

Researching this book took me all over the world, from Moroccan souks to Japanese insurance firms to Silicon Valley. I met many fascinating characters – salespeople are invariably good company, with great stories to tell. They were mostly very honest about the difficulties of their work and its rewards.

So this book is for people who sell, whether they like it or not. I tried to be as un-squeamish as I could  as I sorted through the many challenges of selling, the need to find purpose, to stay optimistic in the face of endless rejection, to balance personal and professional friendships, empathy and ego, truth and lies. To keep one’s mental balance amidst the psychological turmoil that is sales.

We survive by selling, by converting out talents and efforts into financial and non-financial rewards. My hope is that you read The Art of the Sale and find that process easier.

Please do pre-order it on Amazon, or Barnes & Noble or Indiebound.

The first review of the book just came out in Publishers’ Weekly. It says:

“Though we normally don’t think of Nelson Mandela as a salesman, persuading white South Africans to end apartheid was one of the great sales campaigns in recent history. Journalist Delves Broughton (Ahead of the Curve: Two Years at Harvard Business School) thinks salesmanship deserves more respect, though he freely admits that the few times he was called upon to sell, he hated it. Integral to any successful business, selling is seldom taught in business school, perhaps because M.B.A. programs prefer to paint a less brutal vision of business life. This exploration of the nature of salesmanship begins in Morocco, where Delves Broughton meets Majid, a world-renowned antiques dealer, who suggests that the art of the sale lies in patience and the ability to instantly read people. For infomercial-king Tony Sullivan, the art lies in the ability to tell an irresistible story, while Japan’s top life insurance salesperson, Mrs. Shibata, credits her conviction that she’s performing a valuable service. Like Malcolm Gladwell, Delves Broughton is drawn to success stories where natural talent takes second place to hard work, but he’s also willing to explore the manipulative, deceptive aspects of the task, as well as the endless rejection salespeople must face. His enthusiasm and admiration for skilled practitioners of the art is contagious.”


US restores full ties with Myanmar!!!!!

Now this is spectacular news. Many congratulations to all those involved.

 

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