Explain your current situation to your five-years-ago self.

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Dear Randy,

You did it.  You went after your dreams and now you live in LA.  All your years of slaving in your bedroom to learn how to make websites, make music, and filmmaking will pay off.  You're going to go through some tough times and you'll work your ass off for every penny but it will all pay dividends later.  You still have a loving family that is supporting and wishing you the best everyday.  You have amazing friends who are really going to help you through the struggles so always keep them close.  You'll get heartbroken once in Chicago and once more here in LA.  No worries though, you'll learn to become more patient with each year.  You'll start working for the Korean Government and be reassigned to one of the top offices in LA. People will start to realize your potential before you do, always stay humble.  Just keep working hard because you're on your way to meeting with the CEO of Monster and Swizz Beatz to change the music industry forever.  Trust in God.

-Randy in 2012

What Competition Can Do To Your Product

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BILLion Gates

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VH1: Behind the Music - Nas

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Get More: Nas, Behind The Music

What is the iCloud? Find out at iCloudtalk.com

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Made a new site explaining what the iCloud is.  Check it out at www.icloudtalk.com

Solution: Why Samsung Can't Compete with Apple in Tablet War

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In response to this CNET Article: "Samsung: 'We're not doing very well in the tablet market"

Apple has recently announced their official press event for the iPad 3 slated to be released after March 7th.  Just recently Samsung Executive Hankil Yoon has come out to mention that Samsung's attempt to conquer the tablet market has been a 'flop'.

Are we really surprised by this?  This was evident from Day 1.  Pull a stranger from the streets and ask them these two questions.

1.  Have you heard of Samsung?
Of course they have heard of Samsung.  It is a Global company that is conquering the smartphone market with each passing day.

2.  Can you name 2-3 products off the top of your head?
NOPE.  Samsung has over-saturated the market with far too many models of tablets to confuse any consumer!

I recall entering a Best Buy back in late 2011 and even Koreans who were from Korea couldn't distinguish the differences in the products.  Heck even the Best Buy employees had a hard time trying to explain to consumers what products were which.  After spending 20 more unnecessary minutes at the checkout because the worker (who was very capable of selling electronics) brought out the wrong model, it became clear to me that Samsung lacks branding all these different types of tablets.  Any company would.

Samsung claims that they did this on purpose to evaluate the market.  So why would you over-saturate the market with stellar yet unrecognizable products and expect the aftermath not to be a flop.  If every consumer has to find out why one of at least 5-7 different Samsung tablets were better than the other, they would probably lose their patience and just settle for the iPad.

As a man of providing solutions rather than highlighting problems, here are my proposals to flipping this 'flop' around.

1.  Samsung needs to capitalize on one model that is marketable towards the majority of the consumers.  If they could do it with the Samsung Galaxy S smartphone, why not with the tablet?
2.  Samsung needs to milk the success of this model (whether it is the new Galaxy Note or any future tablet coming to date) in order to retain customer loyalty.
3.  Samsung needs to clear their previous product line and focus on 2-3 tablets that can penetrate the US market while becoming easily identifiable to US consumers.

-Randy

Sh*t Entrepreneurs Say

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