Leo Laporte: Man on a Mission

In every industry, there are corporate giants waiting to be toppled. These old behemoths are bulky, slow, bloated and often disconnected from the markets they serve. But the reality of today’s world is technology-based and efficiency-driven. As a result, every industry is primed and ready for smarter, more agile competitors to challenge the staus quo with a product that is more relevant and better suited to the needs of its tribe while maximizing efficiencies to achieve better profitability. There is perhaps no better example of this than Leo Laporte, a veteran technology journalist and broadcaster who is taking on the Goliaths of mainstream media with his TWiT netcasting network. Laporte first developed a loyal following of several hundred thousand viewers during his six years as host of “Call for Help” and “The Screen Savers” on the now-defunct TechTV cable network. When TechTV couldn’t draw the advertising revenue needed to sustain its $100 million in annual operating costs, the network fell by the wayside in 2004, but Laporte was not ready to abandon his core tribe of tech enthusiasts. He reignited this relatively small but vocal fan base in 2005 when a 20-minute audio segment on Macworld posted on his blog sparked 30,000 downloads. This demand fanned the flames of his passion for reporting technology news and provided further evidence of a viable and underserved niche audience that the existing broadcast and cable networks simply weren’t equipped to satisfy. Thus the seeds were planted for what is now the TWiT netcasting network. TWiT encompasses 25 different shows covering topics such as computer hardware, home theater, apps, science, Google and even food. Broadcasting more than 40 hours of live streaming video per week, the network serves over 600,000 unique listeners and boasts 4.6 million downloads per month. With TWiT, Laporte is paving the way for the next wave of media. He has created a network, a brand and a reputation that truly meet the needs of his tribe. Moreover, he is posing a formidable challenge to the giants of mainstream media by engineering a smarter, more focused and efficient approach to broadcasting that takes advantage of the latest in technology to deliver captivating live content while maintaining operating costs that are a fraction of those of the 24-hour cable networks. Whereas traditional broadcast networks are built around their ability to deliver numbers of viewers en masse, the TWiT network thrives based on its ability to deliver an audience that is highly intelligent and engaged. This business model has been quite successful, generating $2.5 million in revenue last year alone and attracting advertising dollars from major national brands like Ford and VISA. Not only has Laporte found a way to successfully monetize netcasting, but he is doing so in a way that protects the integrity of the medium by founding everything in trust. He only advertises for products that he uses and believes in and requires advertisers to approach his audience with honesty and authenticity. Leo Laporte recently sat down with Fame Foundry’s Jordan Drake to share the story of how he built a netcasting empire from the ashes of TechTV and how he intends to continue making inroads against the mass media establishment. [powerpress]

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What are You Doing to Move the Chains?

Football is a game of yards.

Talent is scouted out and recruited. It’s not just about creating an army of superstars but also achieving a balancing act of strength and weakness. Teamwork is essential. Individuals must come together and function like gears in a machine to achieve the goal. If even one part is out of sync, the best-laid strategy will break down quickly. No single player – no matter how skilled – can advance without the cooperation and support of the other 10 men on the gridiron. Discipline is the mantra of the team. The fundamentals are never taken for granted. They are practiced and reinforced and sharpened with rhythmic and unfailing consistency. The hard work of training and conditioning is done in blistering heat, driving rain and freezing cold. Film is studied. Strategy is debated, refined, challenged and retooled. Tactics are meticulously planned and plotted in playbooks. The competition is scrutinized to identify advantages and vulnerabilities. All of these acts are performed in the quest to gain yards, because those yards add up to wins, and victories add up to championships.

Business is a game of yards, too.

These yards aren’t measured by hashmarks on a field but by the trust cultivated in your customers and your community. Just like in football, it’s up to you to create opportunities to advance down the field. It starts with making sure you have the right players on the field – ones who not only have the skill set needed to execute the plays but the vision to see the field and react to unforeseen challenges when necessary. Teamwork is not just a warm-and-fuzzy HR concept but a critical element of success. Your employees must believe in their stake in the ultimate goal and take full ownership of executing their routes without fail to minimize the chances of blatant mistakes and errors that result in costly setbacks. Yards must be earned one at a time through the demonstration of good values, honest communication and commitment to service.Discipline can never be abandoned. The process of building trust is challenging and never-ending. It can’t be accomplished by writing a check or putting up an empty facade. These yards must be earned one at a time through the authentic demonstration of good values, honest communication and commitment to serving your customers and their needs. Vigilance to strategy must be a constant. When innovation is absent, when tactics do not evolve, when shortcuts are taken, the cost is missed opportunities and lost yardage while your competitors advance on your goal. All of these acts must be performed to gain trust, because that trust yields a stronger community around your brand, and a growing community paves the way to owning your market. Find the right talent, cultivate good internal synergy, remain vigilant in serving your tribe and refine and sharpen your approach, and you’ll create opportunities to grow your business. By contrast, if you allow team spirit to fall by the wayside, become complacent, stick only with old, familiar marketing tactics and fail to lead your tribe, you’ll be watching your competitors sail across the goal line while you scramble to catch up.

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