Episode 176: The Story of The Media Giant - Clear Channel
Russ and John present the in-your-face show from the trenches, the show for the difference-makers. Includes: BusinessMakers Quote of the Week - words of wisdom from Chick-fil-A's S. Truett Cathy; This Week in Business History jumps around from parachutes to Alaska to Chuck Berry and Route 66; Navigating Business Jargon - acronyms, technospeak and disclaimers; and Dumbest Moments in Business History - Google's situational ethics surface again.
When Lowry Mays founded Clear Channel Communications in 1972, he was an investment banker with no radio experience - and no intention to get into the broadcast business. Today, Clear Channel owns more than 1,100 radio stations and 870,000 outdoor advertising displays, and operates in 65 countries. Russ visits with the remarkable Lowry Mays.
Russ revisits his interviews with Nolan Bushnell, inventor of the original video game, Pong; computer visionary Steve Wozniak, a former employee of Bushnell; Rod Canion, founder of Compaq Computers; and American Business Mogul Billy Joe "Red" McCombs. In this segment, Canion, Bushnell and "Woz" reminisce about lessons learned during the early days. McCombs remembers his friend, author James Michener, and tries to define "The Mystique of Texas."
If customer relationships are so important, why don't more companies make them a higher priority? Greg Price explains the focus missing from many companies today and asks, "How do we fix this?"