Greg Vendetti Talks about JointAustin
Where are
you from originally?
Guilford,
Connecticut.
What
university did you go to?
Loyola
University of New Orleans
What
brought you to Austin?
My degree at
Loyola was in Music Business Studies and Vocal Performance. Austin offered an opportunity
to learn and cultivate a career and a place where I could create positive
change in my industry. What made Austin different from other cities was its
highly creative and entrepreneurial spirit, and in an evolved music business,
such a mentality was something that I felt was valuable.
What is
your company’s mission?
By partnering
local businesses with local artists, our mission is to create quantifiable
change in the music industry through innovation and sustainability.
What need
does it fulfill?
Joint partners
local businesses with local artists in a more efficient form of music
sponsorship. As a result, it offers a more cost-efficient and differentiating
marketing solution to local businesses while providing qualified musicians with
a brand new way to generate revenue from being on stage.
What
exactly does it bring to customers?
Joint brings a
number of benefits to the table for everyone involved. However, in short, local
businesses receive a more cost-efficient way to reach their customers, artists
receive a new way to way to get paid on stage, and audiences are rewarded for
their love of live music.
Our focus with
local businesses is to provide a more engaging and precision-based tool for
marketing and promotions. By focusing on artists with similar audiences to
their own, businesses can partner with multiple artists across multiple genres
and reach various subsets of their customer base effectively and in different
ways.
In saying all of
this, giving the audience a new way to experience live music is irreducible to
Joint’s success. Therefore, as fans walk through the venue door, they receive
music content from the Joint artist on stage and rewards from their favorite
local businesses. This opens the door for a number of opportunities in
expanding how the audience interacts with the artist, and how businesses reach
the community. To us, that’s very exciting.
What type
of artists/businesses would benefit from your company?
Businesses large
and small are able to benefit from Joint as we have made it affordable,
rewarding, and convenient. In order to qualify as a Joint artist, you need to
play at least one promoted show in Austin per month, have a website and social
media efforts, and average at least 30 people at each promoted event. A
promoted show would be a performance where you’d expect the largest possible
audience to be in attendance.
I always feel
like the most challenging aspects of this undertaking are still ahead. Right
now, we are still testing our basic operations and how the market reacts to our
initial thoughts. But as we begin to introduce elements of technology into the
mix and increase our value propositions, we’ll see new hurdles that are
absolutely unexpected. Regardless, as it is the case with any long-term
project, it’s a challenge to stay focused and motivated toward accomplishing
the goal you set out to achieve in the first place. Our remedy has been to keep
moving forward in a way that builds value behind the concept and momentum in
its importance.
What advice
do you have for entrepreneurs?
1.
Persistence
is one of the most important tools to have in your arsenal.
2.
Your
mission to change the world is important, but balance keeps you sane. Manage
your stress, stay healthy, and you’ll be much more effective.
What
Austin-based resource have you found to be the most helpful and why?
There are number
of tremendous organizations and groups in this city, many of which have
benefitted me and my business. However, (at the risk of sounding corny) I found that the best resource for me has been the city
itself. When I first moved to this city, I became addicted to meeting new
people mainly because everyone seemed so open to helping you move forward and
in the right direction if asked. One of the most important skills I have
developed over time in Austin has been the ability to be social and develop
genuine relationships. Just like any skill, it takes practice. As a result of
all the countless times I’ve said the wrong thing at the wrong time in
conversations with strangers, or fumbled over my words, or accidentally
alienated someone from the group, I am able to create new opportunities for
myself simply by learning from my mistakes and developing confidence in the
most foreign of situations.
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