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MJ's a "businessman"?

It's common knowledge that Michael is a very savvy businessman.

He didn't get where he was today w/out being involved w/various business ventures. Michael has his hands in many money pots
 
Michael couldn't have gotten to the place where he is professionally, if he wasn't educated in the business world.
 
personally i think mj has great foresight with things such as the music publishing showing you that. but i dont believe hes a good bizman in the practical sense of the word like his qc said in the bahrain case
 
elusive moonwalker said:
personally i think mj has great foresight with things such as the music publishing showing you that. but i dont believe hes a good bizman in the practical sense of the word like his qc said in the bahrain case
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Exactly. :yes: Like I said he knew a LITTLE something about business when it came to MUSIC PUBLISHING (stocks on other artists' publishing and merging with a major label) and how to BENEFIT from music (commercials, tours, etc) but when it came to other things especially "music contracts" and other endeavors. He didn't do so hot:

Remember his perfume?
Remember his soda brand?
Remember him planning other amusement parks?
Remember him planning casinos?
Remember his musical label?

Uh...yeah.

He's a GOOD businessman but I don't think it's something "underrated" anymore.
 
troubleman84 said:
Exactly. :yes: Like I said he knew a LITTLE something about business when it came to MUSIC PUBLISHING (stocks on other artists' publishing and merging with a major label) and how to BENEFIT from music (commercials, tours, etc) but when it came to other things especially "music contracts" and other endeavors. He didn't do so hot:

Remember his perfume?
Remember his soda brand?
Remember him planning other amusement parks?
Remember him planning casinos?
Remember his musical label?

Uh...yeah.

He's a GOOD businessman but I don't think it's something "underrated" anymore.
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well..i think there will always be varying opinions on his business acumen. suffice it to say, people seem to have very high opinions of everybody in business who is wealthy...except michael jackson..and he's been around longer in his business than most of them...and looks a lot younger too. lol:D

also...there seems to be more eagreness to know about MJ's business affairs than there is to know about anyone else's in the world, for some reason. i don't know why that is...

and...i'm sure MJ operates like anyone else in the business world, but somehow a negative light is shone upon his operation, while a positive light is shone upon most if not everybody else's operation of the same type. i mean, he is doing it like anyone else but for some people, they look at his with the glass half empty, and other wealthy people are looked at with the glass half full for doing the same thing. and yet, a lot of those people who were looked at with the glass half full, end up falling off the radar, while MJ is still in business. and, people assume, just because u never hear of Oprah or Gates, or somebody on the front page of Forbes, that they must be doing well all the time. yet, people try to get advice from those others, and fail, and..well...now there are ads on the radio saying that no matter who u get ur advice from, there are great risks involved, and nobody seems confident anymore. and IMO, they'd like to believe Michael is losing confidence too. but he keeps on smiling, and he keeps on going like Energizer. so..to me..something is wrong with that pic. something's not right with trying to believe he's in trouble all the time. and so..i can certainly understand why rules are made to not discuss his affairs on these forums. it seems to be such a lightning rod, moreso than with anyone else who is in business.
 
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That may be true and all of that but God, Michael started many things that didn't work at the end. Sure he was confident it'll work but it didn't. :p
 
troubleman84 said:
That may be true and all of that but God, Michael started many things that didn't work at the end. Sure he was confident it'll work but it didn't. :p
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who hasn't? lol...it's just a glorified version of finding ur niche. being a mogul....growing up and going to college and finding a major and finding out u found the wrong major....etc. etc.

it's like people being asked what do u wanna be when u grow up, and people giving an answer that they find out later in life, they were wrong about. it's like people being asked the same question and then saying..'i don't know.' the thing is, i'm sure that gates, winfrey, and many others did the same thing, and missed just as many times. or more. but the only one u hear about is MJ. that does not mean they aren't any less sterlingly successful. Tiger Woods just lost a giant endorsement with General Motors. does that make him any less successful or wealthy? i don't think so. i hear the sportscasters saying...'i don't think tiger will be any less able to feed his kids.' why can't they end up with the same postive soundbyte for Michael? this seeming give and take is as old as dirt with ALL wealthy people. that doesn't mean the cashflow is lessening.
 
DUH he's a business... I mean yes he's a business man, lemme be nice. :D He'd be sittin around broke somewhere if he weren't; point blank.
 
i don´t know much about his business activities..he´s made several great steps (like buying the catalogue)..but sometimes his financial problems (that we read about so often - even in non-tabloid papers) make me question his business abilities..

anyway, i believe he´s very inteligent and probably his biggest asset was that many people underrated his business mind..
 
Well,
once I believd all those press things which said MJ wil loose this and that, he is without money,etc...
but I stop to believe in it since none of what they said became true.
I think MJ is a savvy businessman, but since 2003 he has been sorruonded by other problems which kept his mind far away fom his biz, and during that period he trusted some people who actually used his money and never worked for him.
That's it, now I see him whealthy and rich, having a big share in the catalog industry since he owns his own calatog along with many others catalogs of balck music (like the family stone's one) and half of the ATV Catalog, plus he has big deal wth Sony BMG going on and he owns several houses.
Media don't say other big name n the music biz have been sued by their own labels, that they lost milion and million in their career just trying to have their own personal music company and so on...media simply don't report that. There some big names out there who recently signed for live nation, and everyone is talking about how whealthy they are, forgetting they signed for LiveNation after being sued, after they lost so much money.

I think the financial problem of 2003-05 are long gone. Now is time to come with a great album and enjoy life.
 
troubleman84 said:
That may be true and all of that but God, Michael started many things that didn't work at the end. Sure he was confident it'll work but it didn't. :p
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That happens to all business men
Im sure trump also had many ventures that didnt work out as planned
"But Nothing ventured Nothing gained" as the saying goes _ you fail
you way to success .. Thomas Edison the inventor failed and failed his
way to sucess as do may business men and women _
Its part of the game :)
 
soniamaria said:
but sometimes his financial problems (that we read about so often - even in non-tabloid papers) make me question his business abilities.
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We don't actually know what the deal is with Michael's finances, just because non tabloid papers print the stories, that doesn't make them more or less valid than tabloids. Most non tabloids are often owned by the same publishing campanies as tabloids, ie The Times is owned by News International who also own The Sun and other tabloids, and that company is owned by Rubert Murdoch who owns Fox News, who employ Roger Friedman.

Maybe he's own personal wealth is fine and his business ie publishing companies aren't generating as much as they have done. Many business such as banks borrow money. I presume Michael may have borrowed money doing various business deals on with the money from his publishing companies/assets, not his own personal saving he uses for living and providing for his children.

I think like Paul McCartney who introduced Michael to music publishing (as acknowledged by Michael in his autobiography Moonwalk), that Michael is more of an intutive business man than one with an A to Z masterplan. Paul McCartney has remained independant as a business man, and Michael has merged one of his publishing business ATV with Sony, making Michael major player in music publishing business which comes with huge amount of money making and a hugh risk. We already know Michael made some eniemes within Sony who wanted to oust him from Sony/ATV, and as Michael said in 2002 that "the artist out smarted Sony" and they didn't like it. And like you said, be biggest asset Michael has is that people properly under estimate his business mind.

I'm not to sure if Michael has any other business's outside music such as property and land etc (I think their was a Neverland Valley business of farming or something ?). But I think Michael is quite an astute business man, at least in music publishing. If Michael does have any falings, it maybe for being to trusting of the people he employs such as accountants and lawyers, who may be partly responisble for any financial problems Michael may "alledgedly" have.
 
soniamaria said:
i don´t know much about his business activities..he´s made several great steps (like buying the catalogue)..but sometimes his financial problems (that we read about so often - even in non-tabloid papers) make me question his business abilities..

anyway, i believe he´s very inteligent and probably his biggest asset was that many people underrated his business mind..
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non talbloid papers can no longer be trusted as legit. the media is in a firestorm and newspapers are going out of business because they have all taken on the tabloid mentality, because of greed.:yes:
 
StarTrader said:
What did it smell like? From what I've heard it was pretty bad :lol:
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well..i hear when girls get to meet MJ, that one of the first things they do is smell him..and they say that he smells really good..like baby powder..

boy..where r we headed with this thread? lol
 
vncwilliam said:
well..i hear when girls get to meet MJ, that one of the first things they do is smell him..and they say that he smells really good..like baby powder..

boy..where r we headed with this thread? lol
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I'm sure MJ doesn't wear his own cheap merchandise that's why :lol:
 
^ Yeah I heard it stank like nasty armpits. :lol:

MJ was like "eh..." LMAO! He didn't even care about the soda brand he try to create. :lol: He always preferred water...and wine occasionally. :lol:
 
troubleman84 said:
Exactly. :yes: Like I said he knew a LITTLE something about business when it came to MUSIC PUBLISHING (stocks on other artists' publishing and merging with a major label) and how to BENEFIT from music (commercials, tours, etc) but when it came to other things especially "music contracts" and other endeavors. He didn't do so hot:

Remember his perfume?
Remember his soda brand?
Remember him planning other amusement parks?
Remember him planning casinos?
Remember his musical label?

Uh...yeah.

He's a GOOD businessman but I don't think it's something "underrated" anymore.
Click to expand...

yeah, he knows a little about business...

remember the Pepsi contract
remember the deal with MSG's TV performance
remember the purchase on the Beatles catalog
remember the merging of ATV with Sony
remember convincing Sly Stone to sell his entire catalog to Michael under Mijac Publishing
remember purchasing Acuff-Rose catalog
remember purchasing Famous music
remember purchasing Sycamore Farms for $38 mil and making into Neverland which funded million of under priveledged and sick kids and families to enjoy his paradise
remember him breaking with Motown
remember him getting and still having the biggest record deal in history.. even though its ended
no other artist has negotiated such a deal
remember .. remember/...

any business purchase can tell you... to be sucessful is not to make the right decision all the time..
but to get up.. stay up and keep looking up...

you cant be successful without ever failing.............
 
soniamaria said:
i don´t know much about his business activities..he´s made several great steps (like buying the catalogue)..but sometimes his financial problems (that we read about so often - even in non-tabloid papers) make me question his business abilities..

anyway, i believe he´s very inteligent and probably his biggest asset was that many people underrated his business mind..
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mission accomplished by the media.. thats exactly what those stories are meant to do...

Wyclef Jean is facing forclosure here in Miami on his $2mil mansion.. check Google and see how many stories you see about it.. or how many TV entertainment shows are mentioning...

let Michael owe someone $1000 ..................it would be plastered...
 
elusive moonwalker said:
personally i think mj has great foresight with things such as the music publishing showing you that. but i dont believe hes a good bizman in the practical sense of the word like his qc said in the bahrain case
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elusive, you realize his QC was repping a case where his objective was to convince the judge that Michael was not in a good state to do a biz deal with the Prince???

v
 
Rasta Pasta said:
yeah, he knows a little about business...

remember the Pepsi contract
remember the deal with MSG's TV performance
remember the purchase on the Beatles catalog
remember the merging of ATV with Sony
remember convincing Sly Stone to sell his entire catalog to Michael under Mijac Publishing
remember purchasing Acuff-Rose catalog
remember purchasing Famous music
remember purchasing Sycamore Farms for $38 mil and making into Neverland which funded million of under priveledged and sick kids and families to enjoy his paradise
remember him breaking with Motown
remember him getting and still having the biggest record deal in history.. even though its ended
no other artist has negotiated such a deal
remember .. remember/...

any business purchase can tell you... to be sucessful is not to make the right decision all the time..
but to get up.. stay up and keep looking up...

you cant be successful without ever failing.............
Click to expand...

I mention some of those, lol. He didn't really break from Motown though, that was JOE JACKSON. He purchased Sycamore for $17 mill, he purchased NORTHERN SONGS, the deal with him helping kids wasn't businesslike, it was HUMANITARIANISM. ;)
 
let's put it this way..if u turn on the most accessible form of media..the radio..ur payin MJ. if u look at the charts, ur lookin at MJ's holdings. in essence..MJ is ryan seacrests, and simon cowell's boss. american idol takes care of MJ...


get the point? if u look at most of the chart, ur looking at the MJ chart, cus Akon and tpain dominate it...

but like rasta said...MJ could carry the planet, and the media and non believers will say that it ain't so.

proves that MJ is the world's biggest star, cus he's the biggest thorn in the media's side.
but this is an argument that can never be settled, because two people will always look at a blue cloth, and one will always say it's blue..and the other will always say it's purple, no matter what.
 
Also I have to mention that he had a good person in his corner when it came to some of the deals: JOHN BRANCA. Together, those two made history in terms of the business. NORTHERN SONGS/ATV was the most priced musical catalog of its time that only got richer when MJ agreed to let Sony have parts of it (50/50). People CALLED it "The Beatles Catalog" but it had LITTLE RICHARD, SLY STONE, etc. Sly Stone's music is now part of MiJac Music. Little Richard's music was sold back to him (Richard). Also Neverland's price got up when he bought all those amusement park items and the zoo and the real-life train set and all of that. It was also his only successful amusement park (he didn't really need another one, lol). MOST of MJ's most successful business ventures was with musical publishing and with commercials in the '80s and early '90s. And also with him keeping control of his tours.
 
troubleman84 said:
I mention some of those, lol. He didn't really break from Motown though, that was JOE JACKSON. He purchased Sycamore for $17 mill, he purchased NORTHERN SONGS, the deal with him helping kids wasn't businesslike, it was HUMANITARIANISM. ;)
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ok.. Joe did Motown. and Michael did J5.. meaning he broke away and went solo...

sure being a Humanitarian isn't "business".. but you mention he starts things with good intension don't finish it... and what he did with Neverland was all with good intensions and he did finish it... it cost him millions to run Neverland and just give it away to make people (families) happy but he did it...

the same passion & energy enterpreneurs use to succeed in business is the same things Michael used to create and run Neverland.. so thats why I listed it...

Failure in business is just giving up.. and I don't see Michael doing that.. .. dispite ALL the lawsuits.. double dipping of past advisers, etc... that man sitll has companies registered in his name..if that is not a testiment to some form of success.. I don't know what is...
 
troubleman84 said:
Also I have to mention that he had a good person in his corner when it came to some of the deals: JOHN BRANCA. Together, those two made history in terms of the business. NORTHERN SONGS/ATV was the most priced musical catalog of its time that only got richer when MJ agreed to let Sony have parts of it (50/50). People CALLED it "The Beatles Catalog" but it had LITTLE RICHARD, SLY STONE, etc. Sly Stone's music is now part of MiJac Music. Little Richard's music was sold back to him (Richard). Also Neverland's price got up when he bought all those amusement park items and the zoo and the real-life train set and all of that. It was also his only successful amusement park (he didn't really need another one, lol). MOST of MJ's most successful business ventures was with musical publishing and with commercials in the '80s and early '90s. And also with him keeping control of his tours.
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but that is all apart of being astute in busines.... getting the right people in place to assist in your success...

Michael had to have had the desire and vision.. to seek out a John Branca and put together his music pubishing companies...

and having "just" a successful music publishing and success in the 80's/90's that is still paying him today (I might add).. is no small feat... I hope you don't just pass it off..

I just don't understand why its so easy to dismiss Michael as a success business man... becuz he has had lawsuits, bad deals and bad media coverage about it...

every one in business have missteps......................
 
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