Welcome to History of the AV Industry 101!
In this episode, Professor Tom Stimson goes back in time to the 1980s, when a new form of equipment leasing triggered a gold rush in the live events world. It was a technological renaissance.
Unfortunately, this was the start of the vicious “death spiral” that would slowly strangle the industry over the next 30 years.
From the “boom” times of the ’80s to the crisis of 2008 and beyond, Tom traces the accidental origins of today’s relentless growth pressure and profitability crisis. It’s a cautionary tale of unfettered expansion and living beyond our means. After all, “Those who cannot remember the past are condemned to repeat it.”
The formula to finally break the death spiral? Listen in to find out.
Visit trstimson.com for more resources.
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