Friday, November 2, 2018

20A – Growing Your Social Capital

Person #1- 
1. The first person is George Caplin. He was born and raised in Brooklyn, New York. He did not go to college and currently works for a music label.  
2. He is filling the spot of the domain expert. He was able to share some aspects of how rights and contacts for songs are formulated. 
3. This is my friend's father. My friends told him about the idea I had and told him that he gave me his number to contact him. 
4. I called him and he was more than happy to share some knowledge with me. He gave me some great insight and did not expect anything in return. 
5. He enhanced my opportunity by helping me better understand music labels and contracts. 

Person #2- 
1. The second person was Jett Brookes. He is from the Bahamas and went to school at the University of Florida. 
2. He is filling the spot of the market expert. He helped me understand the progression of the music streaming industry. 
3. Jett is my dad's friend from high school. My dad gave me his phone number and was very happy I was reaching out to him. 
4. We had a phone call and he was able to share a lot of valuable information. Once again he did not expect anything in return. He was happy to help me out. 
5. Learning about the music streaming industry will give me the ability to maximize my strategy. 
Person #3-
I was unable to contact someone who is a supplier in the industry I am trying to enter. It used to be much easier to sell CD's or albums but with the accessibility these days, I was unable to find someone who sells music subscriptions. 
Reflect - This experience showed me how easy it is to gain valuable information. It also showed me the benefits of having mentors who are experts in an industry. The smartest people are the ones who are not afraid to learn from others. This activity helped me realize that. 

1 comment:

  1. Hi, there! Networking through friends, colleagues, or family members can be very beneficial! It’s like the connection is already halfway established and can make getting in touch with an expert much easier than if you were to look a stranger up online. I’ve noticed other people have had difficulties contacting a supplier for this assignment. As they tend to fall into associated fields rather than the field you’re investigating directly, locating someone to talk to is more difficult. The only thing that might be helpful that I could think of is maybe someone that works in talent management or booking as they may have knowledge on the process of getting songs on streaming platforms.

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