Lee Abrams: The Magic Of New Ideas

Publish date: 2024-06-10

To be involved in creating or contributing to the next generation of groundbreaking media, we must fully embody that vision. It cannot be faked. It requires complete commitment on every level. While last-generation companies may attempt to follow suit, they often lack the soul that truly drives innovation.

For example, Sears may have sold online, but Amazon has become the new department store. NBC may have a digital site, but Netflix is the new network “tv” brand. Your local radio station may stream online, but Apple and Spotify have become the new streaming giants. The point is, you can’t simply “sorta” revolutionize. You must fully commit to the cause. This is a huge advantage for those who do.

In order to design the future, we must understand the past. Every reinvention I’ve been involved in, from FM to XM to Swatch to MTV to heritage bands, has always been based on understanding the roots, the basics. This concept can also be seen in fine dining. Chefs trained on Escoffier create amazing new cuisine, while those who disregard the roots create pretentious dishes. Change often comes from outside the borders of a business, but having a clear and deep history, as well as the willingness and aptitude to break away from that history, is what creates brilliant new products that connect with the mainstream.

A key aspect of our approach is to be free from arrogance. While creatives may think they see life on a higher level, techies may believe they hold the code to the future, and executives may have degrees in arrogance from Ivy League schools, it is important to channel that arrogance into action. There is no one to impress other than our fans. By impressing them, the press, accolades, satisfaction, and success will naturally follow. When we try to impress each other, it only leads to bullshit and politics.

It’s about:

The magic is in evolving ideas to action…or at least trying.

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