Sunday, January 25, 2015

Business Storytellers



When I try to find a great speaker, I opened the page of The Most Popular Talks of All Time list on TED, and I watched five videos of those twenty. Simon Sinek's How Great Leaders Inspire Action really impressed me. Not only because what he said, but also the way he communicate with his audiences. A brilliant storyteller like Sinek starts his speech with a group of questions that people familiar with but hard to answer. Why is Apple so innovative? Year after year, why Apple more innovative than all of his competitors? Why is it that Martin Luther King led the Civil Rights Movement? And why is it that the Wright Brothers invented aircraft? Why them rather than anybody else? The way Sinek starts his speech makes people concentrated with what he will say. And in the whole process, he keeps using evidences to prove his concept. Clear idea and simple concept make people easy to follow. Honest attitude and passionate speech let he built trust and share knowledge in the same time.      

     In Sinek’s speech, I cannot find any show off of speech skill or intentionally humor. What I find is an honest man sharing his knowledge in the simplest way. As an audience, what I feel is sincerity and connection. In his speech, I find out the best way to built trust and connection with audience is telling the story honestly, and using the passion to achieve that.    

     Golden Circle is the basic concept of Sinek’s lecture, which explained in the biology of human decision-making. “Why” is the core of golden circle, “How” is the second and “What” is the outermost. Sinek explained Apple, Martin Luther King and Wright Brothers’ success because they all start with “Why”. Money is not the reason that is the outcome. “Why” is the key of success. Sinek said “People don't buy what you do; people buy why you do it.” What we believe is more important than what we do in the beginning. Telling people what you believe, and if that is what they believe they will feel a connection, and then they will have interest to know what you do. Sinek also said, “If you hire people just because they can do a job, they'll work for your money. But if you hire people who believe what you believe, they'll work for you with blood and sweat and tears.”

     Sinek’s speech inspired me in so many ways. Especially the content of his speech makes me think deeply about why I need to found a company and how it will be. Why it matters is the first question I need to consider.  



Sunday, November 2, 2014

Cinema Are Going To Die Out?

     In 1963, there is a French filmmaker, Jean-Luc Godard, predicted The End of Cinema. It is hard to imagine the depression of movie theaters at that time. However, in the On-Demand Culture society people could watch film or TV shows in everywhere with their new media equipment. Netflix and the Weinstein Company was planned to release sequel to the movie “Crouching Tiger, Hidden Dragon” simultaneously on Netflix and a select number of Imax theaters. This activity seems a big sign that Netflix want to break the traditional method for releasing films. Through this time only Imax will involve in the screening, it still will be a big bomb for the old so-called windowing system for movies. If some people restate the end of cinema theory at this time, it will be more convincing.     

     Tradition movie theaters have its undeniable charm. For long time, filmmakers want their movies been watched in front of big screens. However, with the aspire for audiences’ demand for multiple ways exhibit, rising video websites and production companies are both seek for new way to improve their profits. At the turning point, tradition cinema seems still have currently advantage to stick the major group of audiences, while when more and more production companies make a deal with new distributor like Netflix, the end of cinema maybe not far.    

     For now, the rule that new released movies could first screening in cinemas for three month, then for streaming is the biggest amulet for movie theaters. Once this rule been broken, cinemas have to facing cruel competition from streaming medias. Before the rule is not been broken, theater owners have to figure out new ways to improve its services and create more ways get profits. Otherwise, the big depression of cinemas will in the near future. 

Sunday, October 12, 2014

Transformers 4: Age of Extinction’s box office phenomena

Based on the data from Box Office Mojo, Transformers 4: Age of Extinction got grossed over $1 billion in global ticket sales. The Hollywood Reporter mentions that Age of Extinction was the first film of 2014 to earn over $1 billion worldwide box office sales. However, according to Box Office Mojo, the film only earned $245 in domestic box office sales. Given the fact that the film’s production cost more than $210 million, Transformers 4 cannot claim success in its domestic market.

The Hollywood Reporter also points out that Age of Extinction defeated Avatar become the first film surpass $300 million ticket sales in China. While China only has half the amount of screens as the US has, the film's sale in China is better than the US. Comparing the box office performance of these two markets, which shows the film was much more popular in China than it’s domestic market. Box Office Mojo shows that 77% of the $1 billion in box office sales for Age of Extinction came from its overseas markets. The domestic market only contributed it’s 23%. In Transformers 4, Michael Bay used more Chinese actors and actress and set some plot in Hong Kong. It cost more money to produce and promote the film overseas. All of these contribute its worldwide box office sales success.


Compared to the highly competitive American market, it’s easier to get higher sales in overseas markets. Series moves like Transformers and Iron Man all got their benefits overseas. However, Transformers 4’s success in the box office is not related its improvement in film art. Actually, I believe this kind of success in box office will slow down the improvement of American’s film industry and the development of film art. When the Hollywood producers realized the keys to getting success in overseas markets, they will pay more attention to how to please the overseas markets rather than improve its own production. That will lead the whole industry into a terrible circle.