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Pearl Jam's Business Model

JK109224JK109224 Posts: 638
edited August 2013 in The Porch
Insightful, timely and interesting article.
Pearl Jam Return To The Spotlight As A Mature Lifestyle Business
Pearl Jam’s 10-million-selling debut album, Ten, was completed when the band had been together less than one year. Their next two albums, Vs. and Vitology, were critical and commercial triumphs. They hadn’t missed a shot.

But Pearl Jam were not as cocky as one might expect of a band on such a streak.

http://www.forbes.com/sites/ruthblatt/2 ... -business/
Come to send, not condescend...
Post edited by Unknown User on

Comments

  • BentleyspopBentleyspop Craft Beer Brewery, Colorado Posts: 11,304
    Good for them

    Personally I am a big believer in the work to live rather than live to work ethic

    I work as little as I want and as often as I want when I want
    But never ever sacrifice my lifestyle for the almighty dollar

    That being said I'm about to get on my bike and ride to the gym :D
  • SuziemaySuziemay Posts: 11,168
    Just came across this article. I love it! I didn't know there was a term for it but then again, I suppose there's business jargon for everything.

    Pearl Jam’s answer to their hot streak of hit albums was to scale back their success and become a lifestyle business. Rather than focusing on growth, expansion, and increasing return on investment, the goal of lifestyle businesses is to enable their owners to earn a living and sustain their lifestyle. Lifestyle businesses allow their owners to fulfill their ambitions without sacrificing things that are important to them.

    Hey, I'm a lifestyle business too! I work to support my PJ habit :lol::lol:
  • smanchac1smanchac1 Posts: 2,256
    Suziemay wrote:
    Just came across this article. I love it! I didn't know there was a term for it but then again, I suppose there's business jargon for everything.

    Pearl Jam’s answer to their hot streak of hit albums was to scale back their success and become a lifestyle business. Rather than focusing on growth, expansion, and increasing return on investment, the goal of lifestyle businesses is to enable their owners to earn a living and sustain their lifestyle. Lifestyle businesses allow their owners to fulfill their ambitions without sacrificing things that are important to them.

    Hey, I'm a lifestyle business too! I work to support my PJ habit :lol::lol:

    Great quote :)

    It's true.. If pj had gotten bigger and bigger it would have eventually imploded..

    Tough decision but a great one!
  • tremorstremors Posts: 8,051
    Ooh la la la
    It's the way that we rock when we doin our thing
    Ooh la la la
    It's the natural law that the refugees bring
    Cancel my subscription to the Ressurection
    Send my credentials to the house of detention

    lettherecordsplay1x.gif?t=1377796878
  • demetriosdemetrios Posts: 96,287
    Have you seen this PJ business comparison ...

    http://video.cnbc.com/gallery/?video=3000175657&play=1
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