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    Sub Pop Records: Bruce Pavitt and Jonathan Poneman

    enJune 01, 2020

    Podcast Summary

    • Collaboration and Partnerships Lead to SuccessCollaboration and partnerships can lead to significant success, as shown by Subpop Records' co-founders and the benefits of Wondery Plus and business travel perks.

      Collaboration and partnerships can lead to significant success and impact, as demonstrated by the story of Subpop Records and its co-founders Bruce Pavitt and Jonathan Poneman. Despite facing initial rejection and operating on a shoestring budget, they turned Seattle's grunge scene into a global phenomenon. Meanwhile, both Wondery Plus subscribers and business travelers can benefit from additional perks and advantages – Wondery Plus offers early and ad-free access to podcasts, while the Delta Sky Miles Platinum Business American Express Card enhances business travel experiences. Lastly, companies like Amica prioritize empathy and personalized service in their insurance offerings, and organizations like the National Security Agency seek innovative individuals for groundbreaking projects.

    • Music industry veterans adapt to social distancingTwo veterans, Bruce Pavitt from Sub Pop and Jonathan Poneman, have found unique ways to continue their work in music, with Bruce thriving in remote isolation and Jonathan focusing during lockdown due to Parkinson's.

      Two music industry veterans, Bruce Pavitt and Jonathan Poneman, have found unique ways to adapt to the current situation and continue their work in music. Bruce, who grew up in the Chicago suburbs and was influenced by record stores like Wax Tracks, moved to Olympia, Washington to attend Evergreen State College and eventually started the record label Sub Pop. He currently lives in a remote location on Orcas Island, prepared for social distancing long before it became a necessity. Jonathan, who grew up in Toledo, Ohio and was a record collector and poor musician, has thrived in the lockdown as someone with Parkinson's, seeing it as a way to focus on his work without the distractions of social engagements. Their shared love of music and perseverance in the face of challenges have led them to successful careers in the industry.

    • Determined to be part of the music scene, individuals pursued their passions despite challengesInspired by music and driven to share it, individuals overcame obstacles to create and distribute independent zines and mixtapes, contributing to the music industry.

      The love for music and the determination to be involved in the industry led both individuals to pursue their passions despite the challenges they faced. At Cranbrook School in Michigan, the speaker was inspired by Lester Bangs' magazine and the vibrant music scene in Detroit, even if they couldn't attend shows or clubs. Later, in Seattle during the late 70s, the speaker worked at a company that introduced them to Bruce Pavitt, who was starting a fanzine called Subterranean Pop. Both individuals were dedicated to discovering and sharing independent music, leading them to create and distribute their own zines and mixtapes. Despite the risks and uncertainties, they persisted and ultimately made a significant impact on the music industry.

    • From zines to record labels in 80s SeattleTwo visionaries, Bruce Pavitt and Jonathan Poneman, started successful ventures in the 80s Seattle music scene by following their passion for music and adapting to new opportunities.

      The early 1980s in Seattle was a time of creativity and opportunity, where individuals like Bruce Pavitt and Jonathan Poneman could start a record label and a zine, respectively, with minimal resources. The success of their respective ventures, Sub-Pop and Cascade Records, came from their passion for music and their ability to adapt and pivot when necessary. For Pavitt, this meant transitioning from a cassette magazine to a record label, while for Poneman, it meant hosting a local music radio show and meeting Pavitt, leading to their eventual partnership. Despite having different looks, with Pavitt sporting a shaved head and Poneman a mullet, their shared love for music brought them together. The key to their success was their determination and the unique environment of the time that allowed for such endeavors to thrive.

    • Bruce Pavitt and Jon Savage's Collaboration Marks Sub Pop's SuccessPassionate friends Bruce Pavitt and Jon Savage started Sub Pop Records, releasing a successful compilation album and recording local bands, leading to the rise of grunge and Sub Pop's place in music history.

      The collaboration between Bruce Pavitt and Jon Savage marked the beginning of Sub Pop Records' rise to prominence in the music industry. The duo started small by releasing a compilation album, Sub Pop 100, which was a financial success. Inspired by the Seattle music scene and local bands like Green River, they decided to focus on Seattle and recorded Green River's first album. Sub Pop's success continued with the release of Soundgarden's first single, which showcased the unique blend of Chris Cornell's powerful vocals and Kim Thayil's atonal guitar playing. The collaboration between these artists and Sub Pop marked the beginning of the grunge scene and solidified Sub Pop's place in music history. The success came from a small group of friends who were passionate about the local music scene and were determined to make things happen.

    • Unexpected partnership at a Seattle tavern leads to Subpop RecordsThrough a chance encounter, Jonas and Bruce formed Subpop Records without a formal business plan or external investment, relying on the hype of their artists and the Seattle music scene to attract investors

      The formation of Subpop Records, which became a key player in the grunge music scene, came about unexpectedly when Jonas' dream of working with Soundgarden as their manager led him to partner with Bruce Pavitt instead. This partnership was facilitated by a chance encounter at a Seattle tavern, the Oxford, where Soundgarden was meeting with Bruce. With Jonas having some savings from his childhood and Bruce lacking funding, they joined forces, using the hype surrounding their artists and the emerging Seattle music scene to attract investors, rather than relying on a formal business plan. They handled the business aspects together, but without extensive planning or external investment.

    • The power of collaboration between individuals with complementary skills and passionsCollaboration between individuals with different skills and passions leads to success. Sub Pop Records' Bruce Pavitt and Jonathan Poneman, Atlassian, Masterclass, and Insparity are examples of this concept.

      The success of a company often relies on the collaboration of individuals with complementary skills and passions. Bruce Pavitt and Jonathan Poneman, founders of Sub Pop Records, illustrate this concept perfectly. While Bruce was passionate about art direction and production, Jonathan had the vision for building the company. Their partnership allowed them to navigate the challenges of launching a record label, even when their most important band, Green River, split up just before their big release. This experience taught them the importance of grit, determination, and teamwork. Companies like Atlassian, which creates software to improve teamwork and collaboration, understand this concept well. By empowering AI to work alongside humans, Atlassian is helping teams accomplish what would otherwise be impossible alone. Similarly, Masterclass offers access to learn from the best in their fields, enabling individuals to grow and improve. And Insparity, a leading HR provider, helps businesses create a culture that fuels growth by aligning operations with business goals. In the end, it's the combination of individual talents and a strong team that leads to success.

    • Sub Pop's Survival Strategy: Selling Direct and Creating a Collector's MarketSub Pop survived financial challenges by selling records directly to retailers and releasing limited edition records, creating a collector's market and paving the way for their success with innovative strategies and a unique roster of artists.

      Sub Pop Records, founded in the late 1980s, faced financial challenges when their main band, Green River, broke up. However, they managed to keep their doors open by selling records directly to retailers and releasing limited edition records, creating a collector's market. This unconventional approach, along with the emergence of new bands like Mudhoney and Nirvana, helped Sub Pop survive and eventually thrive. The term "grunge" was coined during this time to describe the raw, lo-fi music scene in Seattle. It was a resourceful and DIY approach that defied industry norms and paved the way for Sub Pop's success. Despite the initial struggles, the label's innovative strategies and unique roster of artists ultimately paid off.

    • Bruce Pavitt's Encounter with Nirvana's Demo and the Birth of GrungeBruce Pavitt, a pioneer in the Seattle music scene, discovered Nirvana's demo and signed them to his label, Sub Pop, which popularized the term 'grunge' and launched Nirvana's career. Pavitt's belief in the enduring appeal of grunge proved correct.

      Bruce Pavitt, the founder of Sub Pop Records, was instrumental in popularizing the term "grunge" to describe the music scene in Seattle during the late 1980s. He first encountered Nirvana's demo in 1988, and although initial reactions were mixed, he was impressed and eventually signed them to his label. Despite some early skepticism, Pavitt believed that the grunge sound and the bands associated with it would endure, and he was proven correct. The word "grunge" and the style it represents continue to be remembered and influential long after the bands themselves may have faded from the spotlight. Pavitt's encounter with Nirvana took place before he started Sub Pop, and his reputation in the Seattle music scene gave credibility to the label's name. The first time Pavitt heard the Nirvana demo was at his workplace, Music, where he listened to it with Mark Arm. Their initial reactions were lukewarm, but Pavitt was soon won over and became a key figure in launching Nirvana's career.

    • Chance Encounter with NirvanaPersistence and adaptability led Subpop Records to sign Nirvana despite initial skepticism and unusual demands, ultimately leading to their success.

      The founders of Subpop Records, Bruce Pavitt and Jon Poneman, had a chance encounter with Kurt Cobain and Chris Novoselic of Nirvana, but initially faced skepticism and suspicion from Chris. Despite this, they managed to secure a meeting with the band and were impressed by their live performance, particularly Kurt's voice and the song "Love Buzz." However, Chris demanded a recording contract, which was unusual in the indie music scene at the time. Intimidated, Bruce and Jon quickly obtained a generic contract from the library and were able to sign Nirvana, leading to their eventual success. This story highlights the importance of persistence and adaptability in the music industry, as well as the significance of live performances in discovering new talent.

    • Signing Nirvana to Sub Pop RecordsSub Pop's signing of Nirvana led to a substantial advance and British media attention, kickstarting the band's rise to international fame

      The signing of Nirvana to Sub Pop Records was a significant moment, despite the informal nature of the contract. The band requested a substantial advance for their next record, which made the deal more valuable. The label gained attention by bypassing the US music press and focusing on British magazines, leading to a review in the London Observer that compared Sub Pop to Motown. The release of Nirvana's debut album, Bleach, had a slow build in popularity, with the record release party at the Moore Theater selling out and the band gaining a following through word of mouth. Neither the label nor its founders could have predicted that Nirvana would become one of the most influential bands in American rock history.

    • Sub Pop Records and Nirvana's Unexpected DepartureDespite the close relationship and belief in a band, unexpected decisions can lead to disappointment and potential culture clashes. However, persistence and continued efforts can lead to success.

      Even those closest to successful bands may not always foresee their meteoric rise to fame. In the case of Sub Pop Records and Nirvana, the label's founders, Bruce and Jonathan, had a close relationship with the band and believed in their unique outsider sound. However, they were shocked when Nirvana left them to sign with a major label, Geffen, instead. Bruce visited Kurt in Olympia to warn him about the potential culture clash and the dangers of selling out, but to no avail. The experience was painful for Bruce and Jonathan, who had poured their hearts into the label and felt betrayed by their star band. Despite their disappointment, they continued to build the Sub Pop label and contribute to the Seattle music scene.

    • The power of perseverance and beliefBelieving in your abilities and continuing to work towards your goals, even when faced with setbacks, can lead to great success.

      Perseverance and belief in one's abilities, even when faced with setbacks, can lead to great success. This was evident in the story of Sub Pop Records and their experience with Nirvana. Despite feeling betrayed when the band signed with a major label, Sub Pop continued to thrive and contribute to the grunge scene. The label's early support of Nirvana, along with the success of other grunge bands, helped create a cultural phenomenon. Though Sub Pop initially felt left behind, they ultimately benefited financially from their past investments and contracts. The story serves as a reminder that even in the face of adversity, staying true to one's vision and beliefs can lead to significant rewards.

    • Subpop's Success in the 90s with Major Label DealSubpop's founders sold 49% of their label to Warner Brothers for $20 million in 1994, enabling them to focus on personal goals and maintain their iconic status.

      Subpop Records, founded by Bruce Pavitt and Jonathan Poneman, experienced significant success in the early 90s with the release of records by Mudhoney, Soundgarden, Nirvana, and Pearl Jam. This period was marked by healthy finances, allowing them to collaborate with various artists and embrace media attention. Despite the national media attention Seattle received as the music capital of the world, Subpop remained shameless in seeking media opportunities, contributing to their iconic status. In 1994, Subpop entered into a joint venture with Warner Brothers, selling 49% of their business for $20 million. This decision was driven by Bruce's desire to focus on building a family and the increasing intensity of managing a successful label. The deal presented an opportunity for the founders to take some financial gain from their hard work.

    • The sale of Sub Pop Records led to tension between its foundersDespite the financial benefits of the sale, differing visions for the label's future caused tension and a seven-year estrangement between Sub Pop's founders Bruce Pavitt and Jonathan Poneman.

      The sale of Sub Pop Records to Warner Brothers in the mid-90s presented an opportunity for financial security and growth for the company's founders, Bruce Pavitt and Jonathan Poneman. However, their differing visions for the future of the label led to tension and a seven-year estrangement. Bruce, who valued the small, creative culture of Sub Pop, felt uncomfortable with the growing administrative demands and departmentalization that came with the sale. In contrast, Jonathan saw the potential for expanding the label's reach and wanted to capitalize on the national attention Seattle music was receiving. The tension culminated in the firing of employees that Jonathan felt were valuable to the company, leading to his estrangement from Bruce. Ultimately, both men had to come to terms with their own personal and professional growth, and they have since reconciled and continued their work in the music industry.

    • Learning from past mistakes is essential for growthRecognizing and learning from past mistakes, even those that led to financial strain, is crucial for personal and professional growth. Staying true to values and community can help overcome challenges and lead to success.

      Reflecting on past mistakes is crucial for personal and professional growth. The discussion highlights how the interviewee, despite contributing significantly to Subpop and making questionable decisions, recognized the importance of learning from these experiences. This included overpaying for bands in the hopes of replicating Nirvana's success and failing to maintain a clear mission during the late 90s. These mistakes led to financial strain and almost caused the collapse of Subpop. The intangible "Sub-pop experience," which attracted bands to the label, was a reminder of the importance of staying true to the label's values and community. The interviewee's emotional response to these events and eventual return to the label demonstrate the importance of processing and moving forward. Ultimately, the turning point came in the early 2000s with the success of bands like The Shins and The Postal Service.

    • Subpop's Success Story: Hard Work, Intelligence, and LuckSubpop's success came from hard work, smart decisions, influential bands, and the determination of its founders. Their vision and opportunity-seeking mindset led to a lasting impact on the music industry.

      The success of Subpop, an iconic independent record label, can be attributed to a combination of hard work, intelligence, and luck. The turning point for the label came when two influential bands joined Subpop, and the return of a former intern, Megan Jasper, who became a major player in the company. Bruce and Jonathan's reconciliation was a result of attending anniversary parties and recognizing each other's contributions to the label's success. The label's perseverance during its early struggles and the eventual commercial success of Nirvana also played significant roles. Subpop's status as a Seattle brand is a source of pride for Bruce, who aimed to make it as influential as Motown was to Detroit. The label's longevity and impact on the music industry are a testament to the vision, determination, and opportunity-seeking mindset of its founders.

    • From Record Label to Symbol of Creativity and CommunityAuthenticity matters: Subpop's success stems from its commitment to creativity, community, and integrity, while reality TV shows that stray from these values risk negative outcomes.

      Subpop Records, founded by Bruce Pavitt and Jonathan Poneman, has become more than just a record label. It's a symbol of creativity, community, and integrity that resonates deeply with people. For Poneman and Pavitt, the label is an integral part of their lives, marked by lessons learned and a sense of pride. Even after three decades, Subpop continues to thrive, as evidenced by its 30th anniversary celebration in Seattle. Contrastingly, the early 2000s saw the rise of controversial reality TV shows, such as The Swan, which promised a dream opportunity but turned into a viewing nightmare. Contestants were isolated, berated, and operated on, only to be ranked by judges. These shows, while seemingly innovative, ultimately failed to deliver a positive or entertaining experience for viewers. These examples illustrate the power of authenticity and the potential pitfalls of chasing trends without considering the impact on people. Subpop's success lies in its ability to maintain its core values, while reality TV shows like The Swan illustrate the risks of straying from them.

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    True success doesn’t come from wishful thinking. It comes from dedication, grit, and lots of time to live the life of your dreams.  Hala Taha, host of Young and Profiting podcast, built her empire by sacrificing four years of travel, fun, and relaxation to hustle. Now, she’s running a $4 million company while hosting the #1 Education podcast across all platforms.  In this episode, we are replaying Hala’s interview on The Tim Castle Show, where they discussed Hala’s career progression, her outlook on rejection, and how she built YAP Media into the powerhouse it is today. She also gives advice on how to break into the podcast industry and how to rewire your mind to reach your goals.  Topics Include:  -Hala’s background in singing, songwriting, and radio  -How did Hala end up starting YAP?  -Hala’s outlook on rejection  -Skill stacking  -How Hala ran YAP while working a separate full-time job  -Leaving Disney  -Hala and her family’s experiences with COVID-19  -How Hala attracted YAP’s first clients  -Why most people can’t break into the podcast industry  -Permission-based marketing  -The secrets of growing a podcast  -Hala’s helpful habits  -The danger of humility  -How to rewire your mind to open the doors to new opportunities  -And other topics… Hala Taha is the host of Young and Profiting Podcast, frequently ranked as a #1 Education podcast across all apps. Hala is also the CEO of YAP Media, a full-service social media and podcast marketing agency for top podcasters, celebrities, and CEOs. She is well-known for her engaged following and influence on Linkedin, and she landed the January 2021 cover of Podcast Magazine. Tim Castle is a success coach, speaker, and bestselling author. He works with clients on topics like mindset, performance, sales, leadership, and self-improvement. He is an advisor to startups on the Blue Chilli HeathTech Program and The Stockland Accelerator. He is also a Mentor to She Starts Accelerator for female entrepreneurs and serves as Head of Sales for a mobile technology business across the Asian region. His podcast, ‘The Tim Castle Show’ interviews courageous people who doing inspirational things around the world.  Sponsored By: Shopify - Go to shopify.com/profiting, for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features Constant Contact - Go to constantcontact.com to get started for free today The Jordan Harbinger Show - Head to jordanharbinger.com/start to get started today! Connect With Tim Castle: The Tim Castle Show: https://www.timjscastle.com/podcast  Tim’s Books: https://www.timjscastle.com/negotiation  Tim’s Website: https://www.timjscastle.com/  Tim’s LinkedIn: https://www.linkedin.com/in/timcastle3/  Resources Mentioned: Dr. Jack Schafer’s Book: The Like Switch  Chris Voss’s Book: Never Split The Difference  Robert Greene’s Book: The Laws of Human Nature  More About Young and Profiting Download Transcripts - youngandprofiting.com   Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala Learn more about YAP Media Agency Services - yapmedia.io/ Join Hala's LinkedIn Masterclass - yapmedia.io/course

    559. Are Two C.E.O.s Better Than One?

    559. Are Two C.E.O.s Better Than One?

    If two parents can run a family, why shouldn’t two executives run a company? We dig into the research and hear firsthand stories of both triumph and disaster. Also: lessons from computer programmers, Simon and Garfunkel, and bears versus alligators.

     

     

    • SOURCES:
      • Jim Balsillie, retired chairman and co-C.E.O. of Research In Motion.
      • Mike Cannon-Brookes, co-founder and co-C.E.O. of Atlassian.
      • Scott Farquhar, co-founder and co-C.E.O. of Atlassian.
      • Marc Feigen, C.E.O. advisor.
      • Jeffrey Sonnenfeld, professor of management studies and senior associate dean at the Yale School of Management and founding president of the Chief Executive Leadership Institute.
      • Laurie Williams, professor of computer science at North Carolina State University...