Preview

Barefoot Spirit

Better Essays
Open Document
Open Document
2126 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Barefoot Spirit
List at least 7 practical lessons that can be summarized in a sentence Provide an anecdote from the history of Barefoot Wines that illustrates each of the nuggets you identify.
1. When you get into a corner you say “Hey, look, a puppy!” – Although this sounds a bit silly, it is a great lesson when you are in a board room or in a meeting and backed into a corner with nowhere to go. You simply change the subject to release the tension and focus on something else that will possibly lead to some solutions instead of going down the same path over and over. When Michael was in the meeting at Souverain to try and get some of Mark Lyons money back from money they owed him for his 1984 crop and realized that this winery had absolutely no money to give him, he changed the subject by asking about the silver locomotive he had been staring at through the window. While this lightened the high strung tension in the room it also opened up another conversation and gave Michael an idea of how to get Mark’s money back. He would take what he found out was wine in those silver locomotives, bottle and sell it.
2. You learn what the job is and then you do it – This lesson came about when Michael had worked so hard to do exactly what Don Brown, they wine buyer for Lucky Brand stores, wanted him to do when it came to making a new wine. Once he did everything asked of him, Don told him he wasn’t going to buy his wine yet, Michael had to prove that he could sell it. As frustrating as this was, it was a new job. The first job was to make it and now the new job was to prove it would sell. Many times in business plans change and you have to find out what the job is and then do it. If you try to do the wrong job, you will get nowhere.
3. Worthy Cause Marketing is a way to support good people and programs and a good way to promote that feels genuine – Since Barefoot was running on the bare minimum, even below that, one thing they didn’t have money for was marketing. Michael and

You May Also Find These Documents Helpful

  • Satisfactory Essays

    West lake

    • 348 Words
    • 2 Pages

    Staying at the helm of the business and do a better job at attracting business from…

    • 348 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Go Red For Women Essay

    • 528 Words
    • 3 Pages

    Cause-branding or cause-related marketing can be a risky endeavor for nonprofits, potentially sparking conflicts of interest and tarnishing nonprofits’ reputations.1 However, when executed carefully and strategically, as was done with the American Heart Association’s (AHA) Go Red for Women Campaign, the nonprofit can make a powerful impact. When moving forward on an adult inactivity campaign, AHA should consider lessons learned from Go Red: (1) the power of advertising and branding, and (2) the strategic selection of corporate sponsors.…

    • 528 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Barefoot Spirit

    • 1967 Words
    • 5 Pages

    The book The Barefoot Spirit: How Hardship, Hustle, and Heart Built America’s #1 Wine Brand by Michael and Bonnie was very influential to me. In the back of my mind I have always thought about pursuing the career of being an entrepreneur. The idea of working for yourself instead of taking orders from a higher authority figure, especially one which you feel you are more experience or could do a better job, has always intrigued me. Personally for me I think with the right motivation, work ethic, and opportunity being an entrepreneur is not only a possibility but a reality. I would say after reading The Barefoot Spirit, an act of collaboration or a way for Michael and Bonnie to tell what they learned and how they learned it, I would say I am leading more towards being an entrepreneur now than before. This is because Michael and Bonnie had little to none experience, knowledge, and money but were still able to take an opportunity, having 18,000 boxes of extra wine bottles, and creating a nation-wide brand name.…

    • 1967 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Governor

    • 3434 Words
    • 14 Pages

    The Goal teaches many business lessons as well and personal lessons. For the business aspect I learned three main definitions that I needed to redefine. I also learned how to really determine the ‘goal’ of an organization and the right steps and procedures to implement changes to that organization and how to communicate these changes to the employees. Another thing that is very clear from this book is that as a manager you need a good team, people that can actively help you solve problems in intelligent and innovating ways. The main thing I took away from the business part is that it is important to have a mentor who you can call when you need advice on how to handle a situation in your organization. This book also teaches some aspects of how important it is to balance home and work life. To be effective at work you need to have things at home figured out and that begins with communication and learning to balance being at work with spending time at home.…

    • 3434 Words
    • 14 Pages
    Better Essays
  • Good Essays

    4 When you see you are not moving forward, check that there is not an underlying fear of failure holding you back. See a mistake, whether your own or by someone else, as an opportunity to learn and…

    • 427 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Ideas To Morrie

    • 91 Words
    • 1 Page

    1. "Accept what you are able to do and what you are not able to do."…

    • 91 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    Toms Shoes

    • 1562 Words
    • 7 Pages

    Schimmelpfenning, Saundra. "TOMS Shoes: Good Marketing - Bad Aid." Good Intentions Are Not Good Enough. N.p., 25 Oct. 2010. Web. .…

    • 1562 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Cs111 Unit 10

    • 473 Words
    • 2 Pages

    There are many challenges that can come up in the world of business. Without the proper tools or being properly prepared, navigating this harsh environment can be painstaking and difficult. This course has provided proper strategies that can be learned in the classroom, and transitioned into the real world. Many of these strategies have made me a stronger candidate to pursue the world of business.…

    • 473 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    macys

    • 1667 Words
    • 7 Pages

    In this management class I have learned many things, many of them that I will use in my daily life and in my working environment. The top five management principles are planning, leading, controlling, decision making, and human relations. Planning is my first management principle; it requires the planner to anticipate the future. A systematic process of making decisions about goals and activities that an individual, group, work unit, or organization will pursue in the future. In planning there’s decision making stages and formal planning steps. General decision making is identify and diagnosing the problem by making the choice, implementing, and evaluating it. Planning in general I learned is all together a preparatory step. Which determines when, how, and who is going to perform the specific job. Planning has been a weakness for me because I lack in planning but I have learned in this course and through past experiences that planning ahead of time is planning to anticipate the future. Without planning the future would be a total disaster. Planning starts with setting goals and objectives to be achieved. A goal in management is a target or end that management desires to reach. The main goals in planning have to be good, smart, specific, measurable, attainable, relevant, and time-bound. Also you can’t just have a goal you have to plan to have a goal and you have to plan out that goal. The plan to achieve goals is contingency plan a process that prepares an organization to respond coherently to an unplanned event which is referred to as “Plan B”. Strategic planning is needed which is a set of procedures for making decisions about the organizations long-term goals. If you’re having your own business or working for a company, strategic planning is a must. It also has it steps a couple are how will we get there, how fast will we…

    • 1667 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Culture and Leadership

    • 832 Words
    • 4 Pages

    It is relevant to have objectives when one plans to invest his life- time in the business field, especially when would-be leaders encounter real issues out of a classroom; leaders face the pressure of how to create profitability least to say it; therefore, leaders must possess distinctive characteristics than others. We believe we possess that force that drives in our soul to be creative.…

    • 832 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    A reporter asked a bank president the secret of success, “Right decision”, he replied, “How do you get to know how to make right decisions?” asked the reporter. “Experience”, the president answered. “Well, how do you get experience from?” asked the investigator. “Wrong decisions”, he replied. Life has more to offer and is more than a list of acquisitions and attainments or CVs and qualification, is complicated and beyond our mind’s control. The humility to understand this fact will help you survive its vicissitudes.…

    • 1374 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Syllabus_PF_Fall_2013_PTA

    • 1207 Words
    • 5 Pages

    finance. As managers, your goal is (or should be) to create value for your organization. The course…

    • 1207 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Establish meaningfully goals, and come up with a strong and reliable strategy that will achieve your goals.…

    • 332 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    recognise and understand the part business has to play in reaching these goals. At the same…

    • 5303 Words
    • 22 Pages
    Good Essays
  • Good Essays

    It is said that, “nothing ventured, nothing gained” to indicate that someone should do business if he or she wants to be rich. However, business is not easy and being successful in business doing is a more difficult thing. I myself think that there are three most important elements that contribute to success in business doing.…

    • 535 Words
    • 2 Pages
    Good Essays