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The Los Angeles Auto Show’s Connected Car Expo (CCE) will assemble the companies and innovators that are redefining the automotive and transportation business. The full day conference and exposition has outgrown its previous space at the Los Angeles Convention Center and will now occupy virtually the entire JW Marriott at the adjacent L.A. Live entertainment complex.

“Expanding our campus to include the adjacent JW Marriott delivers a presentation room with capacity for 1,500 seats, 60,000 square feet of exhibit floor and dozens of meeting and hospitality areas,” said the show’s EVP and General Manager Terri Toennies. “The demand on exhibit and hospitality space has already created limited availability.”

More than 25 speakers will outline their vision for the dramatic changes facing the auto industry as it collaborates with technology titans like Apple, Microsoft, Intel, Qualcomm and dozens of other fast-moving tech innovators. Influential experts from Google, Volkswagen, Continental, Movimento, HARMAN Redbend, J.D. Power, Pebble and others will converge in Los Angeles to debate some of the industry’s most critical issues and identify opportunities and challenges that lie on the road ahead. Selected by the CCE Advisory Board, this year’s conference topics focus on the hot-button issues including autonomous vehicles, car sharing, cybersecurity, 3D printing, over-the-air updates and much more. The full tentative schedule can be seen at: http://www.connectedcarexpo.com/schedule.

In addition to the conference, CCE attendees will be able to discover the latest automotive innovations at the JW Marriott, where more than 30 companies will demonstrate their latest solutions and products. Companies participating include Auto Alliance, Covisint, Elektrobit, Faurecia, Garmin, Global Automakers, KPMG, Mojio, OnStar, OSRAM Opto Semiconductors, QNX, whiteCryption, Wind River and dozens of start-ups and app developers. The exhibit floor will also serve as this year’s stage for several auto-tech press conferences on Nov. 17.

“This collaboration between major auto and technology players, combined with the emergence of thousands of disruptive start-up companies, creates an unprecedented need for an automotive-focused forum connecting this rapidly changing industry,” said Lisa Kaz, President and CEO of the Los Angeles Auto Show and CCE.

Part of the LA Auto Show’s broader Press & Trade Days, CCE is the award-winning conference and trade show that unites innovators, manufacturers, futurists and influencers to further the convergence of technology and the automobile. This year’s CCE kicks off with an evening welcome reception on Monday, Nov. 16, and is followed by LA Auto Show’s press and trade events at the Los Angeles Convention Center on Nov. 18-19. Other CCE events start on Saturday, Nov. 14 and 15, including the Mojio hackathon and the UCLA Anderson School of Business Connected Car discussion taking place after the Monday evening reception at the JW Marriott.

Registration is now open. CCE exhibitors and attendees with a three days pass will be able to witness this year’s vehicle debuts and have access to an all-new CCE networking destination at the convention center.

For more information visit www.ConnectedCarExpo.com and www.LAAutoShow.com.

Entrepreneur -- The economy is improving. Consumer confidence, although still volatile, has returned to pre-recession levels and business confidence has rebounded to near-record highs. A majority of small business owners anticipate revenue and profit increases in 2015. So, why isn’t small business access to credit improving accordingly?

In that piece last year, I expressed concern about the "choke point" in small business financing. I'm still concerned. The 2014 Year-end Economic Report of the National Small Business Association cites an uptick in small business owners’ overall positivity about the economy, but also notes that “nearly one in five small firms cannot meet increased sales demand due to inability to garner financing.” Perhaps the most appalling statistic I’ve seen recently is that 50 percent of small businesses ($250,000 to $1 million) received none of the financing they had applied for in the first half of 2014.

The relationship between credit and growth is particularly significant for small businesses. The NSBA survey reveals that 47 percent of the businesses denied credit were forced to delay business expansion. Twenty percent of small business owners relied on credit cards and business earnings to finance their credit needs. Other businesses delayed hiring.

It confounds me that in a year of record lending by the Small Business Administration, entrepreneurs still struggle to get the financing they need even when all indicators point to the opportunity for growth. In a positive move, the SBA recently launched the LINC program, an online matchmaking service that helps connect creditworthy small business borrowers with interested lenders. You start by filling out a simple online form to answer 20 questions. Your completed form is sent out to LINC’s network of local, statewide and national lenders, and potentially puts you on a fast track to consideration and approval.

But if you are denied traditional bank financing, don’t give up! Follow the lead of many of your fellow entrepreneurs, who are finding funds through well-established financing alternatives. In fact, my own company, Guidant Financial, created a tool for entrepreneurs to pre-qualify online for traditional and nonstandard forms of small business financing.

Read the rest of the story here: http://www.entrepreneur.com/article/247506

Automotive News -- It might seem strange that BMW's redesigned 7-series sedan, priced at $81,300 plus shipping, would have to compete with a $499 iPad from Apple.

But that's exactly what's happening, as automakers realize that their cars are being compared not only with other cars but also with devices brought into the back seat.

An estimated 259 million tablets will be sold globally in 2016, topping sales of traditional PCs and laptops for the first time, according to consultancy Gartner Inc. Many of those slim, handheld screens will be used as onboard entertainment for restless children in minivans or bored executives in chauffeur-driven cars. 

This is a real challenge for automakers, which have sold flip-down TV screens as lucrative add-ons for decades. To protect that business -- as well as the primacy of their brands -- luxury car manufacturers are beginning to offer tablets that are more integrated with their cars than any iPad. 

Audi plans to sell a tablet bearing its four-ringed logo in the redesigned Q7 crossover later this year. BMW designed a charging dock for a customized tablet into the back of its redesigned 7 series, offering the tablet as part of a $2,700 entertainment package or a $3,900 comfort package that includes massaging rear seats. 

"We want to stay on the cutting edge," Jason Chan, a product planning specialist at BMW of North America, said in an interview. "With innovations continuing to improve tablets, we have to improve how our systems work in the car."

Read the rest of the story here: http://www.autonews.com/article/20150726/OEM06/307279987/automakers-try-integrated-tablets-to-retain-backseat-business

Entrepreneur -- Busy entrepreneurs: Treat your marriage like a business or it will fail. So what if it’s not the sexiest approach? It’s practical and it works, says Shark Tank star Kevin O’Leary. (They don’t call him “Mr. Wonderful” for nothing, ladies.)

“The number one reason for divorce is not infidelity or falling out of love,” the 61-year-old Canadian mutual funds magnate tells Entrepreneur on the set of the hit reality show. “It’s money. It’s one partner outspending the other. It’s going into debt. It’s not respecting the joint finances. If you avoid doing all of that, you’re in it for the long haul. If not, forget it.”

The shrewd Canadian billionaire tied the knot with his wife, Linda, in 1990, all of a quarter of a century ago. He credits their lasting union with one thing -- and it’s not necessarily love, passion or sex. The real reason they’re still going strong: They’re on the same page about money, and they’d better be. O’Leary’s other half is an actively involved executive at their successful wine company.

Together the pair have two grown children, Savannah, a college student, and Trevor, a music producer, neither of whom will inherit their parents’ fortune by design. They weren’t always a perfect or even whole family unit. O’Leary admits that he was largely “an absentee parent” while building his empire, which nearly ended his marriage.

For two years he and his wife lived separately and came extremely close to divorcing each other. “We were at the point of dividing the assets,” O’Leary told a Canadian news outlet last year. “But as we neared it, we decided not to do it. We have reunited and kept the family together. I’m glad we did that.”  

While O’Leary recommitted himself to his wife, his friends left theirs. The author of Cold Hard Truth: On Family, Kids and Money (Doubleday Canada, 2011) says “all” of his friends are divorced and he’s learned a lot from watching their marriages crumble.

The worst mistake he says most of his divorced friends made was failing to thoroughly financially vet their partners, just as they would a potential business partner, well before popping the big question. Doing so, whether on your own or with the help of a professional, is something he highly recommends to anyone considering coupling with someone, in sickness and ideally in fiscal health, til death do them part.

Don’t stop at running a financial background check on your future husband or wife. Demand a prenuptial agreement, O’Leary further advises. “It forces you [and your betrothed] to tell the truth about your financial past...It’ll save you hundreds of thousands of depression and grief and it may save your marriage to find out.” A prenup can also make it easier to divide your assets clean in half should you exhaust your options and eventually split, which he thinks you should never do if you have children together. 

Read the rest of the story here: http://www.entrepreneur.com/article/248980

27 Jul

11 Secrets of Irresistible People

Monday, 27 July 2015

Entrepreneur -- Some people, regardless of what they lack—money, looks, or social connections—always radiate with energy and confidence. Even the most skeptical individuals find themselves enamored with these charming personalities.

These people are the life of every party. They’re the ones you turn to for help, advice, and companionship.

You just can’t get enough of them, and they leave you asking yourself, "What do they have that I don’t? What makes them so irresistible?"

The difference? Their sense of self-worth comes from within.

Irresistible people aren’t constantly searching for validation, because they’re confident enough to find it in themselves. There are certain habits they pursue every day to maintain this healthy perspective.

Related: Are You a Leader or a Follower?

Since being irresistible isn’t the result of dumb luck, it’s time to study the habits of irresistible people so that you can use them to your benefit.

Get ready to say “hello” to a new, more irresistible you.

1. They treat everyone with respect.

Whether interacting with their biggest client or a server taking their drink order, irresistible people are unfailingly polite and respectful. They understand that—no matter how nice they are to the person they’re having lunch with—it’s all for naught if that person witnesses them behaving badly toward someone else. Irresistible people treat everyone with respect because they believe they’re no better than anyone else.

2. They follow the platinum rule.

The Golden Rule—treat others as you want to be treated—has a fatal flaw: it assumes that all people want to be treated the same way. It ignores that people are motivated by vastly different things. One person loves public recognition, while another loathes being the center of attention.

The Platinum Rule—treat others as they want to be treated—corrects that flaw. Irresistible people are great at reading other people, and they adjust their behavior and style to make others feel comfortable.

3. They ditch the small talk.

There’s no surer way to prevent an emotional connection from forming during a conversation than by sticking to small talk. When you robotically approach people with small talk this puts their brains on autopilot and prevents them from having any real affinity for you. Irresistible people create connection and find depth even in short, every day conversations. Their genuine interest in other people makes it easy for them to ask good questions and relate what they’re told to other important facets of the speaker’s life.

4. They focus on people more than anything else.

Irresistible people possess an authentic interest in those around them. As a result, they don’t spend much time thinking about themselves. They don’t obsess over how well they’re liked, because they’re too busy focusing on the people they’re with. It’s what makes their irresistibility seem so effortless.

To put this habit to work for you, try putting down the smart phone and focusing on the people you’re with. Focus on what they’re saying, not what your response will be, or how what they’re saying will affect you. When people tell you something about themselves, follow up with open-ended questions to draw them out even more.

5. They don’t try too hard.

Irresistible people don’t dominate the conversation with stories about how smart and successful they are. It’s not that they’re resisting the urge to brag. The thought doesn’t even occur to them because they know how unlikeable people are who try too hard to get others to like them.

Read the rest here: http://www.entrepreneur.com/article/248719

22 Jul

How To Boost Your Social Media Following

Wednesday, 22 July 2015

Entrepreneur -- Q: What's your number-one tip to boost your social-media following?

A: First of all, I’m going to state right there’s no one single way to boost your social-media following. It takes a matrix of methods and a continuous commitment to create, establish, build and maintain a social media presence and following.

But if you are going to force me to give one single answer, for me it’s all about the content. Now I’m not the first to give this answer but hopefully I can give a meaningful perspective about it.

We’ve all seen the tweets with offers to buy followers. Evidently you can get a new bargain on followers every day. I’m not interested.

To me, it’s not about the volume of followers that I’ve attached to my social channels, it’s about my followers’ linkage and engagement to my “brand.” If I have to forgo the 100,000 bargain followers to get 100 committed people who engage with my content, then so be it. All the better for it.

01 Jul

Rebooting the Automobile

Wednesday, 01 July 2015

Technology Review -- “Where would you like to go?” Siri asked.

It was a sunny, slightly dreamy morning in the heart of Silicon Valley, and I was sitting in the passenger seat of what seemed like a perfectly ordinary new car. There was something strangely Apple-like about it, though. There was no mistaking the apps arranged across the console screen, nor the deadpan voice of Apple’s virtual assistant, who, as backseat drivers go, was pretty helpful. Summoned via a button on the steering wheel and asked to find sushi nearby, Siri read off the names of a few restaurants in the area, waited for me to pick one, and then showed the way on a map that appeared on the screen.

The vehicle was, in fact, a Hyundai Sonata. The Apple-like interface was coming from an iPhone connected by a cable. Most carmakers have agreed to support software from Apple called CarPlay, as well as a competing product from Google, called Android Auto, in part to address a troubling trend: according to research from the National Safety Council, a nonprofit group, more than 25 percent of road accidents are a result of a driver’s fiddling with a phone. Hyundai’s car, which goes on sale this summer, will be one of the first to support CarPlay, and the carmaker had made the Sonata available so I could see how the software works.

CarPlay certainly seemed more intuitive and less distracting than fiddling with a smartphone behind the wheel. Siri felt like a better way to send texts, place calls, or find directions. The system has obvious limitations: if a phone loses the signal or its battery dies, for example, it will stop working fully. And Siri can’t always be relied upon to hear you correctly. Still, I would’ve gladly used CarPlay in the rental car I’d picked up at the San Francisco airport: a 2013 Volkswagen Jetta. There was little inside besides an air-conditioning unit and a radio. The one technological luxury, ironically, was a 30-pin cable for an outdated iPhone. To use my smartphone for navigation, I needed a suction mount, an adapter for charging through the cigarette lighter, and good eyesight. More than once as I drove around, my iPhone came unstuck from the windshield and bounced under the passenger seat.

Android Auto also seemed like a huge improvement. When a Google product manager, Daniel Holle, took me for a ride in another Hyundai Sonata, he plugged his Nexus smartphone into the car and the touch screen was immediately taken over by Google Now, a kind of super-app that provides recommendations based on your location, your Web searches, your Gmail messages, and so on. In our case it was showing directions to a Starbucks because Holle had searched for coffee just before leaving his office. Had a ticket for an upcoming flight been in his in-box, Holle explained, Google Now would’ve automatically shown directions to the airport. “A big part of why we’re doing it is driver safety,” he said. “But there’s also this huge opportunity for digital experience in the car. This is a smart driving assistant.”

CarPlay and Android Auto not only give Apple and Google a foothold in the automobile but may signal the start of a more significant effort by these companies to reinvent the car. If they could tap into the many different computers that control car systems, they could use their software expertise to reimagine functions such as steering or collision avoidance. They could create operating systems for cars.

Google has already built its own self-driving cars, using a combination of advanced sensors, mapping data, and clever navigation and control software. There are indications that Apple is now working on a car too: though the company won’t comment on what it terms “rumors and speculation,” it is hiring dozens of people with expertise in automotive design, engineering, and strategy. Vans that belong to Apple, fitted with sensors that might be useful for automated driving, have been spotted cruising around California.

Read the rest of the story here:

http://www.technologyreview.com/featuredstory/538446/rebooting-the-automobile/

Entrepreneur -- Anyone who’s been to Sonic knows what unmet expectations feel like. If you’re a small business owner, you’ve probably come to hate the verb “expect” more than any other. Customers have a whole lot of dreams about what you can deliver, and it’s all too easy to come up short when someone has their eyes to the sky.

In the tech world, expectations are especially killer. Terms like “the cloud” don’t help. Clouds are huge fluffy things that float and take on a million, ever-changing forms, so you can’t blame people for thinking that anything is possible in this industry. But when you’re operating on a budget, you can’t fulfill every whim, so part of the responsibility—and surely thrill—of owning a business is learning to set and then meet your clients’ expectations.

1. Attract the Right Business

As the voice of your product, you have the power to draw the kind of customers you want, and that starts with your brand. If you spout yourself as a full-service operation that holds the customer’s hand from start to finish, you need to deliver on that immediately to keep your clients around. If you’re more hands-off, you’ll be going after independent clients who are up for DIY. Communicate who you are and stick to it. If people are coming through the door with the wrong idea about you, you’re not being loud enough.

2. Understand Your Clients

Once you gain someone’s business, the expectation game really begins. You’ll get clients who love you (referrals, anyone?) and clients who really… don’t. Treat them as case studies. Let them vent. Learn what went wrong. These people will help you grow more than your biggest fans, even if you end up losing their business. Biting the bullet and asking honestly, “Where did we screw up?” will indulge them and enlighten you. To initiate these conversations, you need a method of taking your clients’ temperature before they’re fuming. Periodic check-ins, whether digital or in-person, give your customers the sense that they’ve been heard, plus provide you with regular insight on how you’re faring.

Read the rest of the story here: http://www.entrepreneur.com/article/247040

Interested in getting free registration for the upcoming KnowledgeFest in Indianapolis? Then here are some questions to help you decide:

What are you doing to help your cause?

In the early 1990s the Internet was just becoming popular and a man with a vision left his job and home in New York to map out his course that would change consumer purchasing forever.

What did the man do after he moved away from New York?

There was a trade show for all “Book Store” owners and he drove himself for this four-day “INDEPENDENT TRADE SHOW” to learn how to become better at what he was planning on doing. Topics included “Selecting Opening Inventory” and “Inventory Management”. In the mean time, his associate was learning other aspects of the business to build one of the most successful teams in US history and with a threadbare budget.

Who was the man and what was the name of his business?

Before I answer you let me ask you this, between who the man is and what the man did to become successful, what’s most important? If you want to be successful, find someone who has achieved the results you want and copy what they do and you'll achieve the same results.


- Tony Robbins

You see you have before an outstanding opportunity to do what the man I am talking about did!
 We have some of the best trainers in the field of car audio coming together to help you to learn to become better at what you are planning on doing!

We have people like Jason Kranitz, Micah Williams, Mike Bartells, Eric Carter, John Schwartz, Ken Ward, Harry Lichtman, Bryan Schmidt and of course yours truly. 
You have manufacturers wanting to invest their time and energy on how to make your facility better and more profitable, and yet you look for or make excuses not to go!

By the way, the man Tony Robbins is talking about above is Jeff Bezos, CEO of Amazon.com. 

Based on all the above info, you ask, "Del, what should we do?" 
The answer is, I would beg, borrow or do whatever it takes to get yourself and your staff underneath the teaching of these great leaders in our independent industry which we all love so much and come learn the secrets like Jeff Bezos learned in the early 1990s.

Now, as promised, here's what you do to get your FREE registration: 

1. Go to http://bit.ly/KF4Free.

 2. Fill in your contact information. Be sure to enter your title under 'Registrant Title.' 

3. Under 'Exhibitor Name,' select the vendor you're most excited to see at KnowledgeFest Spring Training. 

4. Under 'Registration Classification,' select 'I am a VIP retailer invited by an exhibitor.' 
 5. Click Registration Confirmation and that's it! You'll receive a confirmation in your email.

We look forward to helping you in Indianapolis at our own Independent Trade Show on April 11th-13th 2015.

23 Mar

March Madness and the Pyramid of Success

Monday, 23 March 2015

Given the popularity of college basketball and its annual tournament known as “March Madness,” I thought it appropriate to discuss the concept of a tournament and its affect on the human psyche. But first, here’s a seemingly unrelated book reference:

I recently finished reading the second book in a series called “The Reckoners”. The first book in the series, “Steelheart,” follows a group of freedom fighters attempting to rid the world of super-powered overlords and the book’s namesake antagonist, a Superman-esque villain that is impervious to all weapons. These powerful beings, called Epics, once mere ordinary people,  were corrupted when a powerful atmospheric event turned them into Epics. But due to their powers, every one of them was corrupted. As they say, absolute power corrupts absolutely.

I know what you’re thinking. What the hell does any of this have to do with “March Madness?” Good question.

Legendary UCLA basketball coach, John Wooden, was known for many things. He was the first person in history to be named to the Basketball Hall of Fame as both a player and coach. He was given the nickname, “Wizard of Westwood,” an appropriate title given his record of winning 10 NCAA titles during his last 12 seasons, with seven of the 10 coming in consecutive years. He was also incredibly humble, making no more than $35,000 a year—$151,918 in today’s dollars—and never asking for a raise.

Despite all of those accolades, Wooden is perhaps best known for his inspirational wisdom, stemming from his Pyramid of Success model. The model was aimed at giving players the tools to be successful in both basketball and life, inspiring players like Bill Walton and Kareem Abdul-Jabbar—both former UCLA players—to become future NBA greats.

There’s a point to all of this, I promise.

As you can see in the attached image, the pyramid is built with a list of carefully selected elements, consisting of virtues like loyalty, cooperation, initiative, self-control and team spirit, among others. These virtues all add up to the top section of the pyramid: competitive greatness.

For the 12-volt entrepreneur, this concept should be familiar considering that to be successful in any endeavor, one must be well-prepared to best the competition, or at least put up a good fight. Perhaps the biggest part of being accomplished is how to deal with success without it going to your head. In his book, “Wooden on Leadership,” Wooden said, “You must monitor confidence because it can easily turn into arrogance which then can lead to the mistaken and destructive belief that previous achievement will be repeated without the same hard effort that brought it about in the first place.”

This leads me to “The Reckoners” book reference from earlier. It’s easy to let success go to your head. You can have the appearance of success by gaining fame, professional respect and money, but that doesn’t mean you are achieving it in the best way possible to gain inner peace and self-respect. If you sacrifice any of the elements that make up the pyramid in exchange for the easy way, you will lose sight of yourself as a person and become a self-absorbed, arrogant bore on his way to “the bench.”

Much like the playoff brackets in the NCAA “March Madness” tournament, the pyramid requires patience and determination so that all steps are executed properly. It’s like building a sound system in an RV; it’s a large endeavor that requires planning, long hours and lots of equipment placed carefully in the vehicle. If any step is skipped, the whole thing could be a colossal waste of time and require even more hours to fix all of the errors. 

More often than not the teams that win the championships in basketball are those that follow the pyramid, or any other healthy leadership paradigm from their coach. Those that fail are like “Steelheart”; they take their natural, genetic talent and squander it without tapping into their true potential. If you don’t believe me, just read the words of the man himself:

“Talent is God given. Be humble. Fame is man-given. Be grateful. Conceit is self-given. Be careful.”

09 Feb

5 Business Myths That Used To Be True

Monday, 09 February 2015

Entrepreneur -- Technology is changing the business world and unlike previous years, we now have three generations working side by side with each other: the Baby Boomers, Generation X and Millennials.  As digital natives, Millennials understand and use technology in a way that has created a seismic shift in corporate America – and also how we conduct business.

Whether you are a seasoned executive or a young entrepreneur looking for business management advice, you need to know the new rules of the workplace.

Here are five commonly believed business lessons that are now myths:

1. You need to pay your dues.

Historically, new college graduates were tasked with chores like getting coffee for executives and sitting quietly in meetings for the sole purpose of taking notes. Now, with the rapid influx of new technology, young employees are a huge asset. Yes, someone still needs to handle keeping the spreadsheets up to date and preparing conference rooms for big meetings, but don’t overlook these new employees when it comes to idea sharing and out-of-the-box thinking. If they feel that their ideas are taken seriously, they’ll often surprise you with a fresh take on age-old issues and will be motivated to work harder and longer. Many young adults are already starting and running their own businesses; the idea that you can’t be successful without a few years of slaving away at dreadful tasks is no longer true.

Related: The Truth Behind 12 Common Startup Funding Myths

2. Don’t talk money.

The new workforce is not shy when it comes to sharing how much money they make and gender-equality issues are being brought up in the media more than ever. If you pay your employees fairly and explain why each benefit policy is in place, your workforce will have nothing to complain about. Make sure your company is an even playing field that rewards great work and is an open environment where employees feel comfortable chatting with HR.

3. There’s no place for social media at work.

Can you believe that some companies still block Facebook from their office computers? The new workforce is about trust; trust that employees will use Internet access responsibly and will only share what is appropriate in a work setting. In fact, there are many benefits to having social media in the office. For example, encouraging employees to share company successes over social media is great for brand management and recruiting. Social networks are also excellent for professional networking.

Read more here: http://www.entrepreneur.com/article/242673 

Entrepreneur -- If you Google “daily habits of successful people” you’ll find almost every business-focused media outlet represented in the results. But if you’re looking for a guaranteed roadmap to success, don’t get excited just yet. If you read all of those articles, or even a few of them, you'll soon realize that successful people have a wide range of daily habits.

Some say you have to rise early, some sleep until noon then work from their bed for another hour. Some say to get the toughest thing out of the way first, some start their day in an easy flow of reading over coffee and don’t “eat the frog” until later. Some plan out their day the night before, some start their day by devising a plan. Some hit the jogging trail first thing, some barely take time for a stretch before hitting social media and email.

So how are any of us supposed to figure out which daily habits are critical to success, and which are personal preference and idiosyncrasy?

If you take a look at all the different lists of habits, routines, principles and priorities among successful entrepreneurs from Ben Franklin to Mark Cuban you’ll find these three universal success factors.

They spend time getting to know themselves.

If you know who they are, chances are they devote a lot of their daily practice to knowing themselves better than you can even imagine. Successful people are self-aware on multiple levels.

They know their energy patterns, so they know how much sleep is optimal. They know when they get their best rest they are at their best when they are awake. They know what fuel their body needs, and what kind of exercise it takes to feel the way they want to feel. They know what environments they need to be creative and productive, and they know the difference between those two states.

They know their priorities, too, and they know that all of their decisions must start with the highest level of their vision, mission or purpose. Benjamin Franklin’s documented daily schedule starts each day with a question; “What good shall I do this day?” Steve Jobs said in his commencement address at Stanford in 2005 that he spent 33 years asking the same question every morning; “If today were the last day of my life, would I want to do what I am about to do today?”

Bottom line, no matter how many articles, interviews or opinions you read, you’ll find that successful people are always tuned in to the one most critical success factor in their business -- themselves.

They spend time improving themselves.

Speaking of being tuned in to themselves, successful people know that to increase their net worth they must increase their personal worth. They’ve mastered the personal SWOTT analysis and they consistently invest in themselves.

It’s no secret that successful people read. They read story books, they read how-to books, they read news, they read industry articles. They read to improve their knowledge, their mind-set, even their mood.

But they do more than read. Successful people study. They study trends in their industry and outside of their industry, they study things that interest them and, most of all, they study people.

Read more HERE.

14 Jan

Reporter's Notebook: 2015 International CES

Wednesday, 14 January 2015

After another innovation-fueled year, the 2015 International CES again proved why it's the place to be for tech geeks everywhere. What's more surprising these days is the firm foothold the show has in the automotive landscape. With the race for the connected car (and connected life for that matter) in full swing, both the OEMs and aftermarket are hustling to market any products they can to jump start their revenues in the medium. Aside from this, the show also featured a variety of impressive offerings from familiar companies looking to jumpstart their own interests for both consumers and retailers in 12-volt. Here are some highlights from this year's show:

- Kicker is releasing a line that is exclusive to 12-volt retailers, boxing out the big boxes and online sellers like Crutchfield, to show its support of independent retailers. The high-end Q-Class line will include the IQ-Series of intelligent power amplifiers and the top-end QS-Series component speakers, designed to fit into more factory hole locations than before. 

- VOXX Electronics has added a new line of in-car electronics to its already packed lineup of products with the Baby On Board child car seat sensor. The device requires a 5-minute install by the owner, and utilizes a Bluetooth proximity sensor that alerts the driver when they leave the car via a key fob beeper. The device will be available this summer for $59.95. 

- The connected car is officially in full play in the aftermarket as both Pioneer and Kenwood have introduced head units that feature Apple Carplay and Android Auto compatibility. Pioneer has released its second generation NEX in-dash receivers, which all include CarPlay, while three models include Android Auto. Kenwood has introduced a successor to its DNN991HD connected receiver, which now includes updated mapping software by Garmin™, parking guides for a connected rear-view camera and better source multitasking.

- A trend to watch by several companies is the emergence of Bluetooth remote controls for powersports vehicles. MTX announced the MUDBTRC, designed to allow Bluetooth music streaming from most Bluetooth enabled devices directly to an amplifier, eliminating the need to install a source unit.

For more information on the products described above, and more detail on the latest from CES, check out our February issue of Mobile Electronics, coming next month. 

23 Oct

Chart Goals to Create Road Map to Success

Thursday, 23 October 2014

Entrepreneur -- Many people suffer from being rational dreamers. They want to achieve a big dream but hold themselves back by being risk averse. They don't want to disrupt the status quo and play things safe. 

To coax themselves out of their comfort zones, people learn to setgoals. I consider the process of goal setting to be like arranging checkpoints along the way to a desired end. Setting and meeting small goals can serve as a thermometer check on progress, measuring advancement and indicating an overall plan's viability.

Approach goal setting like creating a customized road map to chart your success. Think about when you take a really long road trip with your friends. Most often, you start off knowing the destination, but since road trips can be fairly long, making pit stops along the way is necessary.

Before venturing out, you might decide to stop a quarter of the way along for food, then at the halfway point for gas, at the two-thirds mark to stretch and perhaps 100 miles beyond that for more gas.  

You’re meeting smaller, more immediate goals that build on your efforts to reach the final destination.

Create a personalized road map for arriving at your desired destination by setting the following types of goals: immediate, intermediate and stretch goals. 

Related: Create a Personal Business Plan That You'll Really Use

1. Set a stretch goal.

Start by developing a stretch goals, a long-term objective that will take years to accomplish. Determine your stretch goal first because this choice will influence the selection of intermediate and immediate goals.

A stretch goal should be big. Some stretch goals are more specific than others. One person's specific goal might be “to become the CEO of Google.” Another individual's vaguer stretch goal would be “to produce a national television show.” An extremely vague goal would be “to work in the fashion industry.”

It's OK, though, to leave room for interpretation.

Be as specific as possible and allow yourself to adjust a goal. Once you establish a stretch goal, you can sketch out checkpoints along the way.

Read more here.

20 Oct

Editorial Correction

Monday, 20 October 2014

Editorial Correction: On page 34 of the September 2014 issue of Mobile Electronics, one of our writers wrote a comment about Compustar’s lack of contact availability to its customers. Compustar has responded by explaining that direct lines are not available on the website to better help them focus on their vendors and to supply the highest level of customer service. We apologize for the error and will do our best to avoid such wording in future issues.

In response, the company submitted a statement regarding its support for vendors:

“Compustar has launched an easy-to-use support terminal at support.compustar.com that gears towards answering the most basic and most advanced questions regarding our products. The support terminal also features a ticketing system that allows us to receive customer inquiries, even outside of office hours. 

Our toll-free number is (888) 820-3690 and is primarily reserved to supporting our retail and distribution partners. We pride ourselves on providing excellent installer support, and are more than willing to walk our installers through even the most complicated install jobs. 

Dealers who are interested in learning more about Compustar can call us at our Toll-Free number or e-mail us at This email address is being protected from spambots. You need JavaScript enabled to view it. to learn more about joining our award-winning team.”

14 May

Q&A: Andy Wehmeyer of Audiofrog

Wednesday, 14 May 2014

Brand new car audio company, Audiofrog, is emerging at a time when big box stores and online sellers are slashing prices, in-turn making it more difficult for brick-and-mortar shops to compete. To explain the rationale for starting a new brand at this time, Andy Wehmeyer, president and CEO of this new high-end audio brand, sat down with Mobile Electronics for the June issue. Below is an excerpt from that interview:

ME: Tell us about the new brand. What inspired you to create it?

Wehmeyer: I spent the last 20 years working for a huge audio company. At the beginning, it was an absolute dream job. But after 20 years of getting a pretty good handle on the car audio business I saw an opportunity to do something that I don’t think anyone else is doing in a global kind of way.

There are global brands that are managing themselves in all of the markets like Harman, Pioneer, and JVC. While there are others, like Focal and Audison, they are primarily European-focused brands and they go to market in countries outside their home market exclusively through distributors. That can be a pretty good model if just moving product is your objective, but often that prevents dealers from getting proper training and receiving proper tech support. It can also lead to indiscriminate distribution, which destroys profitability for everyone.

What we’re after are the best specialty dealers in markets all over the world who are hungry for great-sounding products, straightforward tech support and involvement from the people who design and develop the products. It’s all about helpful support for specialists who cater to car lovers, car audio lovers, and enthusiasts everywhere.

Gary, Grizz and I have been in this business for almost 30 years. There’s a world full of installers who were exactly where we were 25-30 years ago. There will always be new guys who are learning their craft and we think there’s an opportunity to do premium business and give back some of what we were fortunate enough to learn from past industry veterans. There aren’t a lot of brands left who are providing great training. From my perspective, we’re the new industry vets. It’s our turn to be mentors and there’s a significant business opportunity out there.

ME: Why now? What makes this an ideal time or situation to bring a new brand to the marketplace?         

Wehmeyer: As a product guy, I was duped by financial managers into thinking I didn’t have the acumen to be a business manager. What I discovered later was that there’s a world full of financial managers that think managing a business is the same no matter who the customer is. What I now know is that this is absolutely not the case. The real value is in deep expertise and years of experience and contacts—that’s the stuff you can’t buy at business school.

An MBA is pretty important to get yourself in the door at a major corporation; if you want to be a business manager, that’s valuable. But in an enthusiast business like car audio, where people spend an inordinate amount of money on products they love, the real skill you need to be successful is a connection to the customer, experience in the market, and technical expertise with regard to products and their application. MBA-style management by spreadsheet is killing big brands as they focus on cutting services, making me-too products cheaper and battling for market share at the low end through price reductions in the big boxes and online. All of that is what made me decide this was the right time for us to do this, coupled with what I see as the two biggest markets in the world, Europe and the U.S., reverting back to what will have to be a focus on enthusiasts. 

ME: What is the product rollout map for the next year?

Wehmeyer: We’re going to launch a series of high-end speakers and subs at KnowledgeFest and another line shortly thereafter. We’ll also do amps and signal processing once the launch of the speakers is underway. All Audiofrog products are developed from the ground up and that takes time and money. There are many possibilities, but right now we’re focused on launching our speakers.

ME: Do you have a sales network in place?

Wehmeyer: No sales network in place yet. We’ve got some commitments from customers all over the world, pending samples and demos. There’s lots of interest.

ME: Are you going to sell through reps or distribution?

Wehmeyer: We’re going to sell direct in the US and through distributors in other markets. It’s really important to us that no matter the method by which we deliver product, that all dealers have access to the three of us for help and support. There won’t be any distributors in the US.

ME: What is the company's Internet sales policy?

Wehmeyer: We want to make sure people all over the country have a way to buy Audiofrog products. An online presence is an important part of that. There’s only going to be one online seller and they’ll provide high-end customer support that is also available by phone. We’re looking for the best partners and that’s no different when it comes to online business. 

**Be sure to check out the June issue of Mobile Electronics to read the rest of the interview.**

Today from 4pm to 5pm Eastern Standard Time, Solomon Daniels, Editor-in-Chief of Mobile Electronics magazine, will field your questions on participating in the 2014 Mobile Electronics Industry Awards on the Facebook Advisory Group. The page is located at https://www.facebook.com/groups/1457574061132022.

If you’re not a member, submit a request on the page and you will be accepted to participate in the discussion.

“This year we’ve had the help of dedicated industry professionals to make the process for our Industry Awards better, yet we know that participants will still have questions,” said Daniels. “The group meeting today is the best time to answer those questions, and the answers will be archived for others who visit later.”

The Top 50/100 nominations opens today. Visit http://bit.ly/MEAwardsOpen for rules, guidelines and submission requirements.

Submit your nomination video at https://www.hightail.com/u/2014IndustryAwards by May 19.

In Car Experts announced it has secured an agreement for Stillwater Designs of Stillwater, Okla., manufacturer of the KICKER brand, to join its ranks as a vendor member. The new partnership is the first since the Mobile Electronics Retailers Association (MERA) acquired In Car Experts in February, and it expands the number of product lines and programs available to In Car Experts retail members.

“We are very excited to have the originators of the KICKER brand as a partner with In Car Experts,” said Chris Cook, president of MERA. “Stillwater Designs has shown the ability to maintain its Unilateral Minimum Advertised Price (UMAP) policy across its brands and channels, thus protecting and retaining profit margins for its retailers. The company’s proven dedication to its retail core sets the stage for delivering high value to In Car Experts retail members.”

In Car Experts retail members will now receive benefits when selling the Kicker and SoundGate brands, which target entry level to enthusiast consumers who want premium quality audio reproduction. Product categories include amplifiers, speakers, signal processors, vehicle-specific enclosures and integration solutions, in addition to the fast-growing powersports and marine audio categories. Key retailer benefits include product and shipping discounts, demo unit programs and volume incentive rebates.

“Stillwater Designs is very interested in increasing the number of relationships it has with elite-level retailers in their respective markets,” stated Jeff Peters, director of domestic sales for Stillwater Designs. “In Car Experts delivers a best-in-market customer experience when presenting our brand.”

About In Car Experts
In Car Experts is a group of the nation’s best mobile electronics retailers supported by vendor partners who are committed to the success of the independent specialist. Working as a multimillion dollar collective, In Car Experts is able to provide members with proven national marketing and enhanced vendor programs that are only available when functioning as part of a larger group. For more information, call (877) 777-4ICE or email This email address is being protected from spambots. You need JavaScript enabled to view it..">This email address is being protected from spambots. You need JavaScript enabled to view it..

About Stillwater Designs
KICKER Performance Audio products, a division of Stillwater Designs and Audio, Inc.®, are available for the mobile and home audio aftermarket at authorized retailers worldwide, and also as original equipment for automobile manufacturers. For more information on KICKER or Livin’ Loud®, call (800) 256-5425 or visit the brand website at www.kicker.com. 

 

CLICK HERE TO VIEW THE TOP 50 RETAILERS AND TOP 100 INSTALLERS

CLICK HERE TO VOTE!

Hello All,

It’s Time! This is the official notification that the 2014 Industry Awards are underway.

This blog is intended to outline the process and rules for the awards, starting from selecting the Top 100 Installers and Top 50 Retailers, all the way to selecting the final winners. Those winners will be announced and celebrated at the Mobile Electronics Retailers Association (MERA) KnowledgeFest event in Dallas, August 16-19.

For those of you who don’t know, The Industry Awards recognize the top performers in our industry. At the retail level, we identify the Top 100 Installers and Top 50 Retailers. Each of these groups narrows down to the Top 12, and finally we select winners from this group. This year, we’ve made changes to the Retailer of the Year awards. There will be one winner and one runner-up award given in two categories: single store and chain. The Installer of the Year award remains unchanged.

And there are other awards as well. The Trusted Tech award goes to the individual installation expert who is not only an excellent troubleshooter and detail-oriented worker, but has also earned the recognition and respect of their peers. The Rep of the Year and Rep Firm of the Year recognize sales representatives who go beyond the transaction to provide support and encouragement to retailers. Distributor of the Year (new for 2014) and Expediter of the Year award the top performers in these sales channels. And our Vendor of the Year awards celebrate the hard-working staffs of our suppliers and manufacturers in several different categories.

Before we delve more into the details, I want to first thank the members of the Mobile Electronics Advisory Group for their time and valued input. My goal for the group was to streamline the rules and policies of the awards so that we can present a fair and transparent process to the industry. The guidelines you see below are the result of their dedication.

Good Luck to All!

Solomon Daniels, Editor-in-Chief

 

2014 Mobile Electronics Industry Awards – Rules and Guidelines

Retailer Qualifications:

A publicly accessible, licensed brick-and-mortar or mobile business that has a dedicated mobile electronics department with full sales, retail and installation support. The business must have been open for a minimum of two years, regardless of location. (Home-based business must meet the same criteria and be licensed by local municipality to operate a mobile electronics retail business in its location.)

Installer Qualifications:

Installation specialists with a minimum 5 years of experience under a licensed business (company or sole proprietor) who are gainfully employed as a professional installer. Installation must be their primary duty within the business.

 

Vendors, Expediters, Distributors, Reps and Rep Firm Awards

Qualifications:

A vendor, manufacturer's representative, distributor or expediter that produces, sells or supports products in the mobile electroncis industry.

Vendor Awards:

Expediter of the Year

Rep of the Year

Rep Firm of the Year

Distributor of the Year

Top Vendor - Vendor – Autosound / Video

Top Vendor – Security / Convenience / Safety

Top Vendor – Power / Installation Components

Top Vendor – Processing and Integration

 


 

June 3: Voting to Select the Top 12 Begins

Individuals who vote are divided into two categories:
Consumers / Enthusiasts – people who are customers, family members, friends or competitors and are NOT employees in the mobile electronics industry in a professional capacity.

Industry professionals – people who work for an industry manufacturer, supplier, distributor, affiliate company or a retail location.

Because this is primarily an industry award, the value of an industry vote will be higher than that of a consumer vote:

  • If a candidate gets fewer than 5 industry votes, the consumer votes do not count.
  • If a candidate gets 6 to 9 industry votes, the consumer votes are worth 1/5 of one industry vote each.
  • If a candidate gets 10 to 19 industry votes, the consumer votes are worth 1/4 of one industry vote each.
  • If a candidate gets 20 to 29 industry votes, the consumer votes are worth 1/3 of one industry vote each.
  • If a candidate gets 30 to 39 industry votes, the consumer votes are worth 1/2 of one industry vote each.
  • If a candidate gets 40 or more industry votes, the consumer votes are worth 3/4 of one industry vote each.
  • Each person may select one retailer and one installer. Voters must supply contact information for verification purposes, and IP addresses are monitored to reduce the possibility of fraudulent voting. (Multiple store employees may vote from the same computer / IP address.)

    June 20: LAST DAY to VOTE!


     

    August 18: All winners announced at KnowledgeFest

    Errors and omissions:
    If, throughout this process, we determine that there is an error or more detail / clarification is required, we will publicly announce the adjustment via Hotwire, our email newsletter. 

    02 May

    Moneyball and Positive Reinforcement

    Friday, 02 May 2014

    Since it’s both baseball season and a time when many retailers are hiring seasonal staff, I thought it would be a good moment to discuss an important topic. In a baseball club, much like any workplace, a certain balance must be maintained, not just for players to do their jobs and play to their full potential, but also for the players to get along with each other and with management.

    In the film Moneyball, Brad Pitt stars as real-life Oakland A’s General Manager Billy Beane, who in 2002 was tasked with getting a low-budget, hand-to-mouth ball club to compete with big-budget teams like the New York Yankees. To do this, he had to think outside the box financially and do something socially that he had never done in four previous seasons with the club: talk to his players.

    With all the hustle and bustle involved in running a retail shop, it’s understandable that an owner might be too busy to take a minute to get feedback from employees. Much like a baseball team, a staff requires the attention of management, but in an encouraging, rather than critical, way. A recent interview on Forbes.com with John Kotter, chief innovation officer at leadership strategy firm Kotter International, made clear that fear in the workplace acts like a “burning platform,” forcing employees to react. But that reaction style of management only works for so long, until employee energy and enthusiasm starts to wear out.  

    “The reality is there are real risks associated with this negative stuff. People may jump off the platform, but they get tired, or they break an arm, to play out that metaphor. What we’re finding is that psychologists are coming out and saying that the positive stuff will maintain motivation over time much stronger and better than the negative stuff,” Kotter said. “Sure, the negative can get you going. You see a bullet coming at you, boom! You’ll get off of your chair. But in terms of maintaining energy and motivation over a couple of years, somebody just running from bullets doesn’t work.”

    In Moneyball, tension in the clubhouse is visible when the team is losing. Players either keep to themselves and look at it as only a job, or they are unruly, joyfully dancing on tables to music, even after a loss.

    That tension seems to come from the lack of positive reinforcement from Beane, and from the fact that the only interactions the players have with him are in the form of yelling when they lose, or silence due to his absence from the clubhouse most of the time. To clarify, positive reinforcement is the act of presenting a pleasant stimulus to entice a person to repeat a desirable action.

    To the customer, it’s obvious when employees are unhappy. Energy levels are low, their mannerisms and speech patterns are less enthusiastic, and the work itself tends to suffer. Likewise, customers can tell when employees are happy.

    Aside from the standard monetary compensation and benefits like a 401K, medical and dental insurance, rewarding good behavior can be easy and inexpensive, according to an article by two professors at the Harvard Business Review.

    The article states that employees who strive to create a better future for themselves are, in their words, “thriving.” These employees aren’t just content in their jobs; they are proactive, engaged and highly energized. This type of employee was found to demonstrate a 16 percent better performance than their peers, and they were 32 percent more committed to the organization. They also missed considerably less work and had fewer doctor visits.

    Whatever your method, knowing the strengths and improvement areas of your staff is vital for gauging what they can and can’t do. When you do need them to push, remember to reinforce their hard work with a reward, whether it’s a verbal compliment, a high-five, a simple thank you, or a form of compensation.

    When Billy Beane finally discovered how useful interacting with his players was to their performance and overall happiness, he visited the clubhouse more often, spoke to individuals about specific improvements they could make, and formed strong working relationships with as many as he could. Doing this in your shop might just result in a metaphorical home run. 

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