Russ: This is The BusinessMakers Show. Heard here and seen online at thebusinessmakers.com. And this is that show about those that make businesses and make business happen.
John: That's right and they make businesses happen and by doing that makes the economy happen.
Russ: Right.
John: Because the economy is driven by midsized to small businesses, which is that entrepreneurial sweet spot.
Russ: Right.
John: The large companies are too busy avoiding government regulations and trying to just get by.
Russ: Right.
John: It's really the midsized to - SMB market -
Russ: Right.
John: - which really drives the economy.
Russ: Absolutely.
John: Right.
Russ: You know, and I guess one could say maybe the trade unions play some sort of role in the economy.
John: Well the - I mean, the unions - the trade unions and the private sector is a very small part of the workforce.
Russ: Right. Thank goodness.
John: Where it's really big is in the public sector.
Russ: That's right.
John: And it's really a gift from John F. Kennedy that this happened to begin with.
Russ: Yeah. 'Cause before that it was against the law.
John: Yeah. Right. And even Franklin Roosevelt, as liberal as he was -
Russ: Right. Right.
John: - indicated many times that the labor movement - the organized labor and collective bargaining has no place in public sector jobs.
Russ: Right. Right.
John: But Kennedy saw -
Russ: That's got a pretty big place now, right?
John: Yeah. And they say, you know, the evil men live after them, well this is a perfect example of that.
Russ: Yeah.
John: After Kennedy - 50 years now we're -
Russ: Yeah. Yeah.
John: - government after government is going broke or in receivership or even worse, due in part in fact because of the collective bargaining practices -
Russ: Right. And -
John: - with the labor unions -
Russ: Right.
John: - and public sector employment.
Russ: And it does affect the private sector.
John: Absolutely, 'cause we're the ones that -
Russ: Paying the -
John: - stuck - yeah.
Russ: - bill.
John: 'Cause government doesn't produce any products -
Russ: Yeah.
John: - per se or any wealth -
Russ: Right.
John: - or any services that - they have some services like catching crooks and things like -
Russ: Right.
John: - putting out fires, but -
Russ: Right.
John: - you don't need organized labor to get that done.
Russ: Right. So if it's not clear to our audience we are a pro-business show.
John: I would say more pro-free market, free enterprise -
Russ: Free -
John: - and entrepreneurship, 'cause there's - and I tell people about this - about the journal that - you know, there are some things business do that run counter to this -
Russ: Right.
John: - to counter the free enterprise -
Russ: Right.
John: - market. There's businesses that like high taxes and like a lot of regulation because -
Russ: Right.
John: - it protects them from competition.
Russ: Right.
John: At least for the short term.
Russ: Right.
John: You can't really be for that.
Russ: That's right.
John: I mean, if you're a pro-free enterpriser why would you wanna support businesses that want your taxes raised?
Russ: Give me an example of one that wants high taxes, because -
John: I would say any NFL team in your market -
Russ: Yeah.
John: - that's just recently built a stadium.
Russ: Yeah. (Laughter)
John: Okay.
Russ: Right. Right.
John: Right?
Russ: 'Cause they got -
John: Or any NBA team or any pro - and if you have a new stadium in your city in the past 20 years, I'm sure the -
Russ: Yeah.
John: - your taxes or somebody's taxes went up to pay for it.
Russ: Sure. Absolutely.
John: And you can't get any more statist in your business philosophy than having the public build your facility -
Russ: Yeah.
John: - for you.
Russ: We should have them build us a facility somehow.
John: Well, I'm in negotiations with the city of Houston for a permanent seat licenses for people that want to listen to the show.
Russ: Yeah.
John: Actually, I'm calling them PLLs. Permanent listening licenses.
Russ: (Laughter) All right.
John: All right.
Russ: All right. Here's our lineup for today. First, after The School of Business John and I are gonna share some details about the upcoming 300th episode, a party, shindig, happy hour -
John: Yeah.
Russ: - where we're gonna be naming the BusinessMakerss of the year.
John: BusinessMakerss -
Russ: And give out awards.
John: - and it's according to us.
Russ: According to us, right.
John: Yeah.
Russ: If you disagree with them, start your own show.
John: Start your own radio show -
Russ: That's right.
John: - and good luck.
Russ: That's right. (Laughter)
John: Let us know if you're making any money out there, we may join forces with you.
Russ: That's right. Absolutely. All right. And then our featured guest of the day is gonna be Larry Lawson, founder and CEO of eCardio.
John: Yeah, right.
Russ: A company that develops and provides remote cardiac monitoring -
John: Uh-huh.
Russ: - products and services. Cool company.
John: Absolutely. Yeah.
Russ: But first, [no audio 00:03:49 to 00:03:59] - that's right it's time for The BusinessMakerss School of Business and this is not your business as usual school by any stretch of the imagination.
John: That's right. No classrooms, no student activity fees, no football teams, no marching bands, no Ivy League or ______ -
Russ: No homework.
John: - halls. No homework.
Russ: No finals.
John: No finals.
Russ: No textbooks.
John: No textbooks. We don't even have attendance requirements -
Russ: Right.
John: - although we need attendees -
Russ: We do.
John: - obviously.
Russ: We do.
John: So it's - this is about as good you can get.
Russ: That's right.
John: No pressure.
Russ: That's right. All right.
John: Okay.
Russ: And we kick off The School of Business with the quote of the day.
John: Quote of the day.
Russ: Today's quote comes from Cecil Baxter. "You don't get anything clean without getting something else dirty."
John: That's right.
Russ: Yeah.
John: Because to clean something you need a cleaning - something to do the cleaning.
Russ: Yeah.
John: And if you're cleaning something that means the thing you're cleaning -
Russ: With.
John: - cleaning is dirty.
Russ: That's right.
John: And you need to take the dirt off with something.
Russ: That's right.
John: So -
Russ: So you put it on the clean thing -
John: That's right.
Russ: - and now it's dirty.
John: That's right. Yeah. Yeah.
Russ: So -
John: It's a very simple process.
Russ: Kinda argues against cleaning anything.
John: I know. It kinda argues against why that would be the quote of the day.
Russ: That's what -
John: It's so -
Russ: It is.
John: - probably one of the more simplistic quotes we've had in a while.
Russ: It is. All right. And that brings us to This Week in Business History. So what happened right here at the end of February -
John: End of February 18 -
Russ: - beginning of March.
John: - 1868 the stapler is patented in England by a guy named C.H. Gould.
Russ: That's amazing.
John: The stapler is still around.
Russ: Yeah. Yeah.
John: I wonder what they looked like back then.
Russ: Boy, yeah.
John: Probably pretty big machines.
Russ: Yeah?
John: Yeah.
Russ: Must've been, yeah.
John: Probably not ergonomically correct either -
Russ: Probably not.
John: - you know.
Russ: Probably dangerous, actually.
John: I was gonna say, probably some people got hurt -
Russ: Yeah.
John: - you know, and injured, but apparently not too much because it - you know, Gould could've been sued -
Russ: Yeah.
John: - out of business and apparently he made enough money to patent it. All right.
Russ: There you go.
John: Okay. This Week in Business History in 1912 a guy named Albert Berry - that's B as in Berry - makes his first parachute jump from an airplane. Now we've had other people making parachute jumps, but this is the first time it ever occurred from an airplane.
Russ: Cool.
John: And he jumped from 1500 feet. He dropped 500 feet before the parachute opened.
Russ: That was probably exciting.
John: Yeah. I mean -
Russ: 'Cause we did - they didn't even have the term freefall and he was freefalling there.
John: He was freefalling, right.
Russ: Yeah.
John: And it took a lot of guts -
Russ: Yes, it did.
John: - I would say. And -
Russ: I would say so, too.
John: - you know -
Russ: Or maybe a lot whiskey.
John: It's like the guy that had the first drink of milk, I mean, that took -
Russ: That's right.
John: - a lot of guts to do that.
Russ: Yeah, it did.
John: You know, and -
Russ: It did.
John: - get under a cow and -
Russ: Yeah. (Laughter)
John: Okay. All right. All right. This Week in Business History in 1919 one of the worst decisions ever made in government - prohibition is ratified by the Congress.
Russ: Yeah.
John: Yeah.
Russ: They said okay, we can't -
John: Yeah.
Russ: - sell or -
John: It was an amendment -
Russ: - (crosstalk)
John: - it was an amendment to the constitution -
Russ: Yeah.
John: - so it had to pass -
Russ: The states.
John: - a bunch of states -
Russ: Yeah.
John: - and ratified by a super majority in the Congress -
Russ: Yeah. Yeah.
John: - and look where it got us.
Russ: Yeah.
John: Absolutely nowhere.
Russ: Full circle.
John: Okay. Yeah, that's right. This Week in Business History in 1923 TIME magazine debuts.
Russ: Uh-huh. That's -
John: A Henry Luce.
Russ: Yeah. What do you think of the magazine today?
John: Well it's pretty bad.
Russ: Yeah?
John: Yeah. And Henry Luce really had a lot of foresight with the - not only TIME magazine, but the other magazines that spun off of TIME magazine.
Russ: Yeah.
John: Like LIFE magazine -
Russ: Yeah.
John: - Sports Illustrated, things like that.
Russ: Right.
John: And TIME is - over the years, gotten kinda loopy and liberal in a lot of it's - they've got into the news analysis business -
Russ: Yeah.
John: - as opposed to the news business.
Russ: Okay.
John: And they're feeling the pain that that causes a news organization when they make that decision.
Russ: Yeah. You've said that - you've used that description for -
John: Yeah.
Russ: - quite a few pieces of print media -
John: Yeah. Most of the daily newspapers are in -
Russ: Is there anybody that's not?
John: I would say the Wall Street Journal is not in the news analysis business per se.
Russ: Yeah.
John: If they do, they label it analysis -
Russ: Yeah.
John: - and let people know it's some reporter's -
Russ: Opinion.
John: - opinion.
Russ: Yeah.
John: Our business journals - the ones we have in 40 cities -
Russ: Yeah.
John: - we're just out there getting the facts -
Russ: Yeah.
John: - and getting them out there, but -
Russ: Okay.
John: - it's a movement that hasn't worked out too well for most media.
Russ: Yeah.
John: Okay. This Week in Business History in 1924 the song "Happy Birthday to You" was published by Clayton Sunny - Clayton Sunny.
Russ: Okay.
John: Yeah. Now the thing is that song is still copyrighted.
Russ: Yeah.
John: So when you see a movie or TV show and they sing "Happy Birthday" if you stick around for the closing credits of the movie or TV show, they'll have the copyright information -
Russ: Right.
John: - and someone had to pay - I think the sisters or the heirs of the Clayton Sunny fortune -
Russ: Yeah.
John: - collect -
Russ: Collect.
John: - a residual check or whatever, like, a hundred bucks every time it's on a movie or something.
Russ: Well that's what I heard. You're not even supposed to - you know, when you're in a restaurant and it's one of those restaurants where they sing all the time.
John: Uh-huh. Right.
Russ: They're not supposed to sing the -
John: How?
Russ: - "Happy Birthday" song.
John: No they're not. No.
Russ: And some do.
John: I mean, they can, but they have to buy the rights to it.
Russ: Yeah.
John: Yeah. But -
Russ: That's why most of them have sort of their own little version.
John: Yeah.
Russ: But I've heard them sing the real one, you know -
John: Yeah.
Russ: - and I thought about making a citizen's arrest.
John: A citizen's arrest.
Russ: Should I?
John: You probably - you might - well, you know, it's like that - there's an organization out there that tries to stop software piracy -
Russ: Right.
John: - and they'll pay someone up to a million dollars -
Russ: To turn somebody in?
John: - turn somebody in.
Russ: Yeah.
John: I don't know whether that's around for this kind of thing.
Russ: Do we have a number for the Sunny family? I'm gonna call them next time.
John: I don't know. We - yeah. We ought Google the name and - I know somebody I could turn in right away.
Russ: Do you? (Laughter)
John: Oh, yeah.
Russ: That's great.
John: I could turn myself in.
Russ: [Inaudible due to laughing and speaking]
John: Yeah. Right. Okay. This Week in Business History in 1933 the New York City premier of King Kong - the gigantic ape who was -
Russ: Yeah. Came to town -
John: - came to town -
Russ: - and climbed the Empire State Building. Yeah.
John: - shot down by the U.S. Air Force.
Russ: That's right.
John: Okay. This Week in Business History in 1935 nylon is discovered by Dr. Wallace Carothers.
Russ: Yeah.
John: And very important discovery, because World War II wasn't too far after that and -
Russ: That's right.
John: - not - you know, silk, which was imported by the Orient -
Russ: Right.
John: - from the Orient in Asian countries. Of course Asia was overrun by the Japanese Empire -
Russ: Right.
John: - so nylon was a good - fitting substitute -
Russ: Yeah.
John: - for silk.
Russ: And you use nylon for a lot of things.
John: Yeah, right.
Russ: Including -
John: Stockings -
Russ: Yeah. Women's stockings.
John: Women's stocking and -
Russ: Yeah.
John: - clothing and -
Russ: Yeah.
John: - all kinds of things.
Russ: Do you think that those, like, fishnet stockings are nylon?
John: I don't know, they're - they look pretty good, yeah.
Russ: Yeah. I agree. (Laughter)
John: I'll tell you that. Especially when they're worn by someone who's got nice legs.
Russ: Yeah, I agree with that.
John: Not every woman has nice legs.
Russ: Nor every man.
John: Nor every - well, men don't wear nylon stockings.
Russ: Well -
John: (crosstalk)
Russ: - you don't.
John: How would we know?
Russ: We don't.
John: How would we know? Okay. This Week in Business History the birthday of Lou Reed, Freeport, New York vocalist took a "Walk on the Wild Side" - that group The Velvet Underground - so we all are very - that's a pretty good song.
Russ: Yeah, it is.
John: Took a "Walk on the Wild Side."
Russ: But what year - you mentioned -
John: Oh, 1942.
Russ: Okay. So he's 58 - he's 69 years old.
John: Yeah. The guys - he's a -
Russ: My goodness.
John: - probably pretty old. Yeah.
Russ: Geez.
John: Yeah. [No audio 00:10:58 to 00:11:08] This Week in Business History in 1960 the first Playboy Club, which featured bunnies opens in Chicago.
Russ: Okay.
John: Did you ever go to one of them?
Russ: Never did.
John: Oh, I - yeah. I went to a club. I even went to the Playboy Hotel.
Russ: Wow.
John: Up in - I think it was in Wisconsin or something.
Russ: Yeah?
John: For a conference and it was pretty interesting.
Russ: I mean, what kind of conference?
John: It was a national newspaper association had a state convention up there.
Russ: At a Playboy Hotel?
John: At a Playboy Hotel and recently made news in that they think they're - some people have suffered from Legionnaires ' disease. They were partying at the Playboy Mansion. To play a - a Playboy organization says they didn't get the disease at the mansion, there was another party before they went there.
Russ: Oh. Okay.
John: So it was a controversial place in more ways than one.
Russ: Right. Right. Right. And they have their whole theme these days has competition out the kazoo, don't they?
John: Oh, yeah. Right. Yeah. Yeah.
Russ: Yeah.
John: And it was an interesting concept when it originally opened, but -
Russ: Right.
John: - you know, it's kinda like so what now.
Russ: Right. (Laughter) Right.
John: All right. This Week in Business History in 1962 Kmart opens its first store and had pretty good track run there for a while and now they've been bought up, I think, by somebody else.
Russ: No, they - it's the other way around.
John: They bought -
Russ: They bought Sears.
John: They bought - oh, I knew there was a Sears thing, but -
Russ: Yeah, but they took Sears name mostly.
John: Yeah, right.
Russ: You know, so -
John: Uh-huh. Right. Okay. This Week in Business History 1965 one of my favorite groups - The Temptations song "My Girl" reaches number one. That was -
Russ: What a song.
John: What a great tune. [No audio 00:12:39 to 00:12:49] Yeah. This Week in Business History in 1968 singers Johnny Cash and June Carter wed.
Russ: Wow.
John: And the song "Ring of Fire" and we got married in a fever.
Russ: Yeah. That's -
John: The felt -
Russ: It's all about their marriage even.
John: All about their marriage and there -
Russ: Yeah.
John: - is a good bio pic not too long ago with Joaquin Phoenix -
Russ: Oh, yeah. Oh, yeah.
John: - and I forget who played the June Carter role but she did a good job, too.
Russ: Yep. [No audio 00:13:13 to 00:13:23]
John: This Week in Business History in 1969 the first test flight of the supersonic Concord - now the Concord was a great idea - a commercial airliner that could fly faster than the speed of sound.
Russ: Right.
John: But the environmentalist in the United States prohibited it from crossing -
Russ: Right.
John: - over into the United States at the supersonic speed.
Russ: Right.
John: So it was kind of a dud.
Russ: Right.
John: You know, 'cause most - I think when they had that airplane and put it into service they expected it would fly across the U.S.
Russ: Right. But you could fly across the Atlantic in four hours, which is -
John: That's right. Not bad.
Russ: - if you've ever taken that -
John: I have.
Russ: - it's a lot -
John: It's - yeah.
Russ: - better four hours.
John: I know. It is. It is.
Russ: Yeah. But they're retired now. The Concord -
John: It is. It is.
Russ: - is no longer -
John: It was a small airplane, too.
Russ: Yes, it was.
John: It was not like a - it wasn't a very comfortable airplane -
Russ: Right.
John: - to sit in.
Russ: Right.
John: And although the food was pretty good.
Russ: Was it? All right.
John: All right. This Week in Business History in 1981 Walter Cronkite signs off as anchorman of CBS Evening News and he was taken over by Dan Rather who had a pretty good run until he was accused and - justly accused of -
Russ: Right.
John: - falsifying information -
Russ: Right.
John: - on the George Bush story that he did -
Russ: That's right.
John: - that he did not attend his National Guard meetings -
Russ: That's right.
John: - or whatever.
Russ: And he hasn't done very well since then, really.
John: No. No.
Russ: Yeah.
John: I think he's down there with Larry King somewhere.
Russ: Yeah. (Laughter)
John: We'll talk about Larry here in a little bit.
Russ: All right.
John: Okay. This Week in Business History in 1983 compact disc recordings developed by Phillips and Sony is introduced. Revolutionize the -
Russ: Oh, yeah.
John: - recording industry.
Russ: Yeah.
John: Until then it was 33-1/3 -
Russ: That's right.
John: - speed albums and 45s and -
Russ: And then cassettes came along, too.
John: I saw the - yeah. The tape cassettes and -
Russ: Now you're such a music aficionado -
John: Yeah.
Russ: - you might've felt this way, too. I remember the -
John: Yeah.
Russ: - critics of -
John: Uh-huh.
Russ: - CDs -
John: Yeah.
Russ: - were that it is too good.
John: Yes.
Russ: It sounded too good.
John: Right. Yeah. It was too perfect.
Russ: Yeah.
John: And -
Russ: Did you think that?
John: No. I really enjoyed the sound -
Russ: Yeah. Yeah.
John: - and the quality.
Russ: Yeah.
John: And the problem with the records are, you know, they're made out of plastic -
Russ: Yeah.
John: - and you play then with a diamond stylus -
Russ: Yeah.
John: - so you have the world's hardest surface -
Russ: Yeah.
John: - in contact with one of the world's softest surface -
Russ: Yeah.
John: - so the records didn't last very long.
Russ: Yeah. Not to mention if you just barely misused them or touched them or dropped something on them or dropped them -
John: Yeah.
Russ: - it could screw things up for -
John: Well the same thing could be said of a compact disc -
Russ: Yeah, it could.
John: - yeah. But the - I did like the format and I still have a bunch of them and of course everybody -
Russ: Of the vinyl records?
John: Yeah. I have a big collection of them.
Russ: Yeah. Yeah.
John: Actually my wife bought me a phonograph album -
Russ: Wow.
John: - phonograph record player -
Russ: Wow.
John: - phonograph -
Russ: Yeah.
John: - for Christmas. I still -
Russ: Cool.
John: - play records on it.
Russ: Cool.
John: But still the sound isn't there - the sound quality doesn't nearly approach what you get off -
Russ: CD.
John: - CD.
Russ: You bet.
John: This Week in Business History in 1998 gay rights - big day in - year in gay right. Oncale versus Sundowner Offshore Services. The Supreme Court of the United States rules that federal laws banning on the job sexual harassment also apply when both parties are the same sex.
Russ: Yeah. So before then - before -
John: Yeah.
Russ: - before this week in 1998 -
John: Uh-huh.
Russ: - same sex sexual harassment was not considered sexual harassment.
John: No, it was not. No. No.
Russ: Yeah. I guess it was just considered harassment.
John: It - yeah, right. (Laughter)
Russ: Yeah. (Laughter) Just generic harassment.
John: I know. I know.
Russ: Which is not against the law. Now -
John: Yeah.
Russ: - with all the bullying -
John: Well harassment -
Russ: - that's coming in now -
John: - and bullying, that's what you call a hostile work environment, too.
Russ: Yeah. But I don't think they called it that in 1998.
John: No.
Russ: It was okay to bully and harass.
John: It was.
Russ: It was a management technique. (Laughter)
John: A - right, yeah. You know, you beat your employees until the moral improves.
Russ: That's exactly right. (Laughter) All right. So that wraps up this mornings history list.
John: Yeah. That's it. That's all I got.
Russ: Good deal.
John: All right. Okay.
Russ: We went to Supreme Court decision at the very end and started off with the -
John: With the -
Russ: - stapler.
John: - the stapler, yes.
Russ: All right. Cool.
John: Yeah.
Russ: Good bookends. All right.
John: You can - and you can harass employees with a stapler -
Russ: Yes, you can. (Laughter)
John: - you know. Put your hand here. Thunk. All right.
Russ: All right. That brings us to the Jargon Challenge.
John: All right. Yes.
Russ: Also known as our vocabulary lesson.
John: You know, a couple of weeks ago I was so good at the one word, you had to come up with another word, 'cause you're -
Russ: Yeah.
John: - getting tired of me guessing the word.
Russ: I am. And I can look at this one and know you're gonna get this one, too.
John: Well, we'll see.
Russ: All right.
John: I'm putting on my thinking cap.
Russ: All right. This morning's new techno-speak acronym jargon word -
John: Uh-huh.
Russ: - that you have not heard -
John: I have not heard.
Russ: - that you do not know the meaning of and -
John: I don't even know what it is.
Russ: No. I'm gonna say it and you have to use all your brainpower to come up with the -
John: Okay.
Russ: - meaning. You ready?
John: Lay it on me. Yes.
Russ: Newsak.
John: Newsak. Okay. Well, Muzak is this horrible bland music that comes out - of course that's a trademark name by the way.
Russ: Right. Right. Yes, it is.
John: There's many forms of it that -
Russ: Right.
John: - and it's music that you have going on incessantly in an environment, whether it be an elevator, workplace -
Russ: Yeah.
John: - department store. And newsak is when you're in an environment - similar environment and they got this news coming at you all the time, like, an elevators now they have it. You know, you get in there and it's got the time and the weather and the stock reports and headlines and the whole world is becoming a newsak world, because you cannot escape the news, it's just -
Russ: Okay.
John: - coming at you from everywhere.
Russ: Well, you know what I think we're gonna do? I think - I'm gonna give you a win -
John: Wow.
Russ: - but -
John: But -
Russ: - you had a slightly different definition -
John: Okay.
Russ: - than the official one.
John: Well maybe mine's better.
Russ: I know. That's -
John: Yeah.
Russ: - happened before, yeah.
John: That's happened. Right.
Russ: Yeah. This definition is a television program containing mostly fluff pieces and gossip.
John: Hum.
Russ: Especially from the entertainment industry, but formatted to resemble a news broadcast.
John: Oh, okay. I think I didn't get it, that's - yeah. I didn't really come close to that.
Russ: Well - yeah. But I liked your -
John: Okay.
Russ: - your definition -
John: We can like the - but even though I may have improved the definition -
Russ: Yeah.
John: - this is the - it wasn't the -
Russ: This -
John: - this definition.
Russ: - the official.
John: So I didn't get it.
Russ: All right. It's a loss. All right.
John: It's a loss.
Russ: Well, we'll put down another L then.
John: So you say that's good sportsmanship.
Russ: It is.
John: Right.
Russ: Incredible sportsmanship.
John: Right. Right.
Russ: Yeah. I'm gonna give you a sportsmanship award to -
John: All right. Okay. That's good.
Russ: - that brings us to -
John: I'll take it.
Russ: - Dumb Moments in Business. Do you have a story for us this morning?
John: Yes. Yes, I do. And this hasn't actually occurred yet.
Russ: Yeah.
John: So we don't know whether this is gonna be a dumb moment.
Russ: Okay. Okay.
John: It could be a great moment -
Russ: Okay.
John: - in the history of broadcasting.
Russ: That's fair.
John: But -
Russ: You're being a good sport again.
John: But I do think, you know, sometimes we have to look at the current events and say can this be a dumb moment?
Russ: Right.
John: And I think -
Russ: Right.
John: - this could be.
Russ: Okay.
John: But I'm not sure, I could -
Russ: All right.
John: - be proven wrong.
Russ: All right.
John: And if I am wrong, I'll come on the show someday and say so.
Russ: Admit it. All right.
John: Okay. Larry King had this broadcasting career, started out in radio -
Russ: Yeah.
John: - and got on CNN and -
Russ: Yeah.
John: - he never really did have great ratings. He did initially on CNN, but once FOX came along and some of these other cable channels and Larry kept getting older the ratings declined. As a matter of fact, his ratings had fell from about 1.34 million the first quarter of 2010 to about 771,000 the first quarter of 2011.
Russ: Okay. So this is just a recent major decline.
John: Yeah. Right. But - and the 1.34 million in TV is nothing.
Russ: Right.
John: I mean, shows get canceled -
Russ: Right.
John: - when they have 10 times that amount.
Russ: Right. Right.
John: And so instead of going out gracefully - instead of leaving TV gracefully and -
Russ: Right.
John: - and going to somebody - you know, getting on his rocking chair on his front porch and smoking cigars -
Russ: Right.
John: - he is gonna go out and do perform a one-man show -
Russ: Live you mean?
John: - around the country. Yeah. Around the country, he's gonna make stops in Pennsylvania, New York, Maryland, New Jersey, and Nevada. And he's gonna end up in the Mirage Hotel in Las Vegas.
Russ: What's it gonna be about?
John: Well, it's gonna be about his life.
Russ: Oh, okay.
John: And he's gonna be a one-man show. And I think it may be a portend of how many people will attend his show.
Russ: Yeah. (Laughter)
John: It'll be a one-man show.
Russ: Right. (Laughter)
John: So I don't think it's a good move.
Russ: All right.
John: I think, you know, once you - you know, once it's over, it's over and -
Russ: It's over. Right.
John: - you know. Most people who have these one-person shows seem to do better after they've been out of the public eye for a while. So -
Russ: Right.
John: - if I were him I would - of course, he don't have many years left, being in his 70s, but if I were him I'd take a few years off and then maybe resurrect it.
Russ: Well let's monitor it and see so that you can -
John: Yeah.
Russ: - say yeah, you were accurate in prediction or -
John: Yeah.
Russ: - or you were wrong.
John: Yeah. Right. Yeah.
Russ: Might sell out. It could be -
John: I could be wrong, but I don't think this is a good move for him -
Russ: Yeah. And you're not gonna go watch it.
John: Would you buy a ticket to see -
Russ: No. (Laughter) No.
John: Okay. All right.
Russ: All right. All right. All right. And before we wrap up this morning's School of Business it's time for the very popular PKF Texas Entrepreneur's Playbook.
John: And he's gotta run a one-man show -
Russ: Yeah, he does.
John: - I mean, Price does ___ has a following.
Russ: Yeah.
John: Okay.
Russ: He just sits down there at the piano -
John: Sits there and piano and -
Russ: - takes off.
John: - takes off. And here we go. A one and a two and a -
Russ: One and a two and a -
[PKF Entrepreneur]
Russ: All right. And that wraps up this morning's School of Business. Stay tuned in, John and I are gonna give you the details on the upcoming BusinessMakerss of the Year Awards and Celebration. And then that's gonna be followed by our featured guest, Larry Lawson, Founder and CEO of eCardio.
John: Right.
Russ: You're listening to The BusinessMakers Show heard here and seen online at thebusinessmakers.com.
