 |
 |
Brick No147: How To Have A Number One The Easy Way
By Matt Weston, Thursday 2 June 2005
How To Have A Number One The Easy Way
It's a little known fact that I spent some time in my
early twenties managing a band.
I have only one regret, and that is that I didn't read
this at the time.
"The Manual: How To Have A Number One The Easy Way" ships
with this mighty money-back guarantee:
"We guarantee that we will refund the complete price of
this manual if you are unable to achieve a number one
single in the official (Gallup) UK charts within three
months of the purchase of this manual and on condition
that you have fulfilled our instructions to the letter."
It was first published in 1988 - by KLF publications. The
KLF, you may or may not recall, were also known as The
Timelords, The Justified Ancients Of Mu Mu, and Rockman
Rock And Kingboy D. Or Bill Drummond and Jimmy Cauty if
you prefer real names to stage names. And they hit the top
spot twice: in 1988 as The Timelords, with "Doctorin' The
Tardis", and in 1991 as The KLF, with "3 A.M. Eternal".
How To Start A Business With No Money
If you read between the lines, The Manual could just as
easily carry the subtitle How To Start A Business With No
Money, as How To Have A Number One The Easy Way.
According to Drummond and Cauty, the product, i.e. the
record, is just a process. And The Manual is just a very
detailed set of instructions to help you complete it.
If you wanted a chart-topping record the easy way in 1988,
there were orthodoxies you had to figure out and follow
religiously, like: make it four beats to the bar; just
under 3'20 minutes; no song with a BPM over 135 will ever
have a chance of getting to No1; the lyrics for the chorus
must never deal with anything but the most basic human
emotions. Dissect Steve Wright In The Afternoon - and
Sunday's 4-7pm Top 40 Show, hosted by Bruno Brookes.
In fact, the only part of The Manual that isn't about
following a formula is the part on money.
Take this quote for example: "Having no money sharpens the
wits. [It] forces you never to make the wrong decision."
Here, the creative juices aren't wasted on recording the
record! (You just stay with the formula.)
Instead, creativity is lavished on the financing. Most
would-be record industry moguls make the mistake of
thinking that the creative part of having a No1 is
recording the record. It's not. It's finding
increasingly innovative and unorthodox ways to finance
a hit with no money.
The KLF way was to negotiate favourable downtime deals
(2-10am) with studio managers; profit shares with
publicists; pay later deals with solicitors and
accountants; and a 20k advance from the distributor
to pay for a video.
You've probably worked out by now where I'm headed with
this. Like it or not, most of us make the same mistake as
the would-be mogul. We think the only creative work is
work developing our products and services. We're wrong!
We think of financing as a checklist of options, usually
provided by a bank or a dullard author: loans, overdrafts,
credit cards, remortgages, VC-money, etc - all orthodox
options that involve taking on debt or giving up equity.
In fact, shouldn't true upstart businesses think about
financing in the same unorthodox way as the KLF did?
If you want a Number One the easy way, you get your
suppliers and customers to help you finance it. And the
same can just as easily apply to starting a business with
little or no money. (Examples in today's bric-a-brac.)
Pop Picker
Before I leave you today - a word of thanks to Chris Bourn,
who used to front the band I used to manage.
By happy coincidence, CB is also the sometime editor of
the Pick Me Up email. And I have
the link meisters at Pick Me Up to thank for the link to
"The Manual: How To Have A Number One The Easy Way".
Even better, they also linked to this article on the guy who
read "The Manual", sold two million records, used the money to
move to LA, and then
invented the 3-second Intel jingle.
Bric-A-Brac
(1) 1,000 UNORTHODOX WAYS TO FINANCE A BUSINESS. Starting
today, I'm collecting first-hand, second-hand, and third-
hand stories, examples, and ideas you have on today's riff.
I'm expecting the accountants, financial sages etc to
weigh in with their fair share btw. Send them here.
Perhaps I should start the ball rolling with these . . .
No1: A story
about how hosting company, TextDrive, raised 40k in 75
hours from 200 customers.
And No2: www.fundable.org. A beta service that
allows groups of people to pool money to raise funds.
(2) SPEAKING OF ACCOUNTANTS. I regularly get emails
asking who we use to do our books. And now is probably a
good time to give him - Ian Marlow -
a mention, as it's that time of year again. At least three
people have told me that he doesn't *look* like an
accountant. What more can I say? If not Ian, use one of
the other Brickies.
Remember to sign up: back to top
|
 |
|
 |
|