Wednesday, June 11, 2008
Cross Posting
For my latest blog entries and musings, please visit my personal blog at kempton.ideasRevolution.com. Thanks for your visit here.
Chatting with Brett Wilson, chairman of FirstEnergy Capital, CBC newest Dragon - Part 2
As promised, here is part 2 of my chat with Brett Wilson, chairman of FirstEnergy Capital, the newest investor in Dragons’ Den.
Before I show you the videos, I would like to point out my favourite quote by Brett was this one from last posting (emphasis mine, link added),
“I had the great privilege of working under Dan Sullivan, under Jim MacDonald, under David Wilson. People who went on to become icons of the industry were my training ground. That was my learning curve … was working under people where Integrity and a handshake meant everything. And so as a model, it meant a lot.”
Incidentally, Brett's discussion of integrity and ethics has reminded me of another wonderful Calgary businessman and leader, Mr. Dick Haskayne. His book "Northern Tigers: Building Ethical Canadian Corporate Champions (a memoir and a manifesto)" is a must read and a wonderful way to learn from the former CEO, president, or board chair/member of companies like Hudson’s Bay Oil and Gas, Interhome Energy Inc., TransAlta Corporation, TransCanada Corporation, MacMillan Bloedel, Weyerhaeuser, NOVA Corporation, Fording, Manulife, CIBC.
Oops, sorry for this long “incidentally”. (big smile)
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How rich is Brett?
Brett’s views in charity
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Dragons’ Den experiences
The qualities that Brett look for in entrepreneurs or deals
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Monday, June 9, 2008
CBC vs CTV Hockey - Kodak vs Fuji
I think it was Warren Buffet (the richest man in the world) who said this -- the moment Fuji bought the rights to become the official sponsor of the Olympics, then Fuji became a legitimate equal to Kodak.
Now, CTV has bought the rights to the theme of Hockey Night in Canada, it may have pulled a "Fuji" on CBC. The 40 years of familiarity of the Hockey theme music on CBC has now been transferred to CTV.
I am a big CBC fan. Having said that, in this case, I have to send a big congratulation to the CTV business/negotiation/sports team that got the deal done and closed so efficiently. When the opportunity presented itself, and when time is of the essence, you guys get the deal done and closed in record time.
I will try to blog a bit more when the dust is settled a little more and I am finished covering the Banff World TV Festival.
Saturday, June 7, 2008
National Anthem for sale? - The story of Hockey Night in Canada theme
I probably shouldn’t be blogging tonight as I am driving early tomorrow morning to Banff to attend two conferences (Future of Digital Content & Banff World TV Festival).
Anyway, I will spend a few minutes here to share my thoughts. CBC's official blog and CBC National (as the lead news item) that the deal to keep the Hockey Night in Canada theme has fallen apart. So no more Hockey Night in Canada theme. Toronto Star reports (with video) here.
Now, if you look strictly at the economics, CBC executives may be right to offer what it did and walk away from a “bad deal”. (I leave it as an exercise for the readers to calculate the present value of the estimated cash value of the theme until it runs out of its copyright protection. Hint: it is no small change.) And try to buy peace (or bribe us) by paying $100,000 as a prize for Canadians to come up with a new theme.
Because the theme has been used for closed to 40 years, it has become so well recognized and has acquired an almost national-anthem-like feeling to some Canadians. To me, the theme is a rock solid Lovemark.
In our capitalistic world, it is up to Dolores Claman (composer of the theme) and her agent to negotiate a best deal. It might be fun to apply some game theory and the PARTS strategy (the elements of a game are: Players, Added values, Rules, Tactics, and Scope) to analyze this particular business situation in a step by step manner.
P.S. In a Web 2.0 connected world, the rules, tactics and scope have been changed and redefined. Ultimately, I think missteps from either side can cause some unexpected damages rather quickly.Friday, June 6, 2008
Chatting with Brett Wilson, chairman of FirstEnergy Capital, CBC newest Dragon - Part 1
Last year, I had wonderful chats with five successful Canadian business people Arlene, Jim, Kevin, Laurence, Robert (”Dragons” to the fans of Dragons’ Den) and Dianne (host of DD).
This year, I had the great pleasure to chat with Brett Wilson, chairman of FirstEnergy Capital, the newest investor in Dragons’ Den. As a bonus to me, we chatted at Brett’s beautiful home (some pictures in this post).
The following are part of my video chats with Brett. Feel free to leave a comment or feedback. Enjoy.
I will be posting the other video chats next week. Stay tune.
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Engineering & Business school,
Early investment experiences
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Early work experiences & Business School
Consumer & Buyer behaviour
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Monday, June 2, 2008
Links: 2008-06-02
- For the life of me - Mountaineer chronicles his Everest rescue by Calgarian Andrew Brash and defends those who left him for dead
- Quotes from Yves Saint Laurent (1936 - 2008) * "I participated in the transformation of my era. I did it with clothes, which is surely less important than music, architecture, painting ... but whatever it's worth I did it." (2002) * New York Times slideshow and obituary
- "Asset-backed insecurity" - an interesting piece about sovereign-wealth funds by The Economists
- Poor People With Checks - nicely done video "Checkmate"
- ABC Blesses Blogs, Endorses Embedding
- Owning the Clouds [via Cory
In a Dragon’s Den - Chat with Brett Wilson, chairman of FirstEnergy Capital, entrepreneur extraordinaire, CBC newest Dragon
I had thought it might take me a few weeks or a month or two to arrange an interview with Calgarian Brett Wilson, chairman of FirstEnergy Capital, entrepreneur extraordinaire, and newest CBC Dragon. So I was surprised and delighted to hear from Brett this morning (a Sunday) inviting me to have a chat with him in his home (wow, my first visit to a Dragon's home, a true Dragon's Den).
And as expected, I had a nice and insightful chat with Brett. And he was as nice in person as I have heard from others and seen from his interview with Dragons' Den host Dianne Buckner.
It will take me some time to process and upload the videos. So here are a few photos for now. Stay tune for the videos and more photos.