28 ms·
As we know, the music business(and content businesses in general) have seen dramatic changes in how they work and their profits in the past 5-10 years. I would
by aurizon 5y ago
As we know, the music business(and content businesses in general) have seen dramatic changes in how they work and their profits in the past 5-10 years. I would study this business to see how it will be able to project it's current model 5-10 years to the future and how your plans would impact this future to make it more profitable. A mutually profitable transition is needed. His ideas should be analyzed and assessed as to their chance of success, same with your ideas to make sure you have a long term plan. No battle plan survives contact with the enemy - and there are many enemies in the content business, esp patent trolls. Has he ever been trolled? what happened there?
Good luck
- honestanswer 5y agoYes, as another commenter made me realise I have to understand more about the niche and its future. So thanks for underlining that again! Not been patent trolled yet, it is not really possible. But there have been multiple incidents in a similar vein. Counterfeits appearing. Inventory worth almost $80k was stolen over a period of some weeks. The company survived these incidents as it is broadly positioned. Thanks again for your reply and good questions