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Tim Albright - Part 1
Manage episode 286436283 series 2887704
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Welcome to USAV Bandwidth, a show hosted by Chris Salazar-Mangrum, Vice President of USAV and Patrick Whipkey, Director of USAV, to share their expertise and have insightful conversations with professionals from the AV industry.
It’s a fact, the way to do business is changing: clients want more complete services plus markets are shifting. But what can companies do to face these challenges? Diversify and converge. Diversification of disciplines, as well as convergence with other industries, have become more and more common for companies who look to grow and explore new markets. In this episode, we talk to Tim Albright, President at AVNation Media, Inc, about what diversification and convergence mean for a business and how to make the right decisions when looking to expand.
Should I develop new divisions in my company? Is cybersecurity a good growing path to follow? What is the best market to work in? Diversifying may sound scary but we’ve got the answers to all your questions. Join us on this chat where we analyze the latest trends of the industry and discuss the pros and cons of introducing new tools to your toolbox.
Jump straight into:
(01:03) - Why you should diversify disciplines: How having multiple offerings can benefit integrators - “If you do that little Venn diagram, that overlap between industries seems to get closer and closer.”
(09:00) - Developing new divisions: Learn from what your competitors have to offer - “Look at your biggest competitor: What do they have? What are the certifications? What lines do they carry?”
(12:14) - Cybersecurity: a growing opportunity - “If you have any business, you have a network. And if you have a network, you need to have security standards of some way, shape, or form.”
(15:49) - Should you get into the residential or commercial market? - “The same people that use your AV at the office are the same people that use it at home, and that’s an important note.”
(21:55) - What you should take into account when expanding your company to new markets - “Look at your A guys and see what their passions are. There is where I would look to grow.”
Thanks for tuning in! USAV Bandwidth is a show produced by StudioPod Media, for more information about their podcast production services, feel free to check out their website. Special thanks to our sponsors over at Shure.
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