Robert Edward "Ted" Turner III

Biography:

Ted Turner was born in Cincinnati, Ohio, November 19, 1938. In six years, Ted Turner was sent to a children's school closed type in Cincinnati because the family had received military applications. According to his biography, where Ted Turner has known what it is to be rejected, and defenseless. His memoirs show how deep impression stay in school left in his psyche. Ted Turner recently told David Frost on physical beatings from his father as a child. Out of this is that one day they switched roles. When it happened, Ted Turner fell and cried. Between father and son has established a love - hate, that was the main factor in the development of the personality of Ted Turner and his aspirations.

Ted Turner and his classmate Peter James were in the forefront of red tape at Brown. The only thing a little cooled his ardor for women, was to join the team sailing. Ted Turner was a devoted regular at various parties. In his second year, he was denied the right to attend college as a punishment for an act of hooliganism at a local women's college. During this six-month exclusion from school, he worked for the Coast Guard. Ted Turner returned to Brown, but in the last year was excluded because he was caught with a woman in the room.

Ted Turner always shown a disrespectful attitude to authority and violated the foundations and traditions. He was a rebellious childhood. Because of this, he was expelled from the fraternity "Kappa Sigma". Stephen Lieberman, head of the Brotherhood, said: "It was just a crazy guy."

Business Story:

Ted Turner proved that he is a true innovator, without hesitation breaks the mirror traditions. Ted Turner created two revolutionary innovations - superstation and "C-CNN" - without any moral support from family, employees, the media, industry leaders. His most spectacular success in business, unfortunately, little known, but it can be put on a par with the greatest achievements in the business. This was his first opportunity to establish himself in the business world, and demanded that the tragic death of his father in 1963.

Ted Turner was twenty-four years, he worked as a salesman in the family business advertisements, when his father committed suicide. Father Ted bequeathed the family business, in a fit of sadistic irony seeing that sold business competitor. Distraught Ted Turner has repeatedly tried to prove that the transaction is invalid. Business advertising was the only link with his father Ted Turner, the only means of existence. The buyer, a huge conglomerate and competitor, "Turner Bilbords" unequivocally refused to review the deal. Ted was persistent in its desire to terminate the deal. Ted Turner went to Palm Springs, found the Chairman is on vacation and tried to gain his support. Chairman chased him, deciding that an inexperienced guy is just trying to derail the deal more money. Ted Turner is not perceived as a serious threat because of his innocence in the big business and the reputation of Playboy. This attitude pursued Ted Turner in the next twenty years, as his opponents after a long time had to regret.

Of course, while Ted Turner was a neophyte in the game in corporate business. He was not skilled in the intricacies of corporate policy. Ted Ternerpolagalsya only on their instincts and intuition, which forced him to play a game called "business." As if he had participated in the regatta or waging war. His competitive spirit has played a decisive role in the choice of tactics, and he followed the example of which read as a child and who passionately believed. "Business - this is war" - that was his battle cry and philosophy.

Ted Turner made a bizarre corporate maneuvers that would be proud of the CIA. In twenty-four hours after another fruitless attempt to persuade the chairman, Ted Turner secretly persuaded all the employees of the leasing department at his father. As the boss, he instructed them to do it all an accommodation (the source of life in this business) on his new firm. And then presented an ultimatum to the new owners. They had two weeks to cancel the sale of the company, or he promised to burn all of the documentation on rent.

The company decided it was time to play hard, having already lost patience with this precocious boy. Knowing that Ted Turner has no money, they hired a team of experienced lawyers and made him a counteroffer - they give him money and Ted Turner to retreat, or he, in turn, gives them the same amount, and they leave him alone. Rate was 200,000 dollars. Otherwise, the company will have to call him to order by the judiciary. They decided to teach a lesson to Ted Turner in his gusty same spirit, offering for thirty seconds to make a decision.

The big boys made the same mistake as many others over the next twenty years. They have calculated wrongly, that he has only one option - to take 200,000 dollars. and disappear. His sudden act Ted Turner threw them into shock. He went on the offensive, rather than take a defensive position - the classic military maneuver. Ted Turner told them: "I do not want your thirty seconds. I'll pay you 200,000 dollars., Now get out of my office." Shocked and confused by experienced veterans of corporate wars capitulated and agreed. After that Ted Turner asked his financial advisor, "Where would we get 200,000 dollars.?" What happened was that he was able to pay in shares instead of cash. They feared that the stock price will rise to the transaction, and their greed has coincided with plans to Ted Turner, as the finale of litigation he came without debt.

It was the high point of Ted Turner, and certainly one of the reinforcing nature of the experiments, which instilled in him an incredible self-confidence that allowed him to get away with one transaction at a time, using the perfect bluff. This experience has strengthened that style of doing business, which he used for the next twenty years, and which has been inaccessible for the other leaders.

Ted Turner moved the mountain, by the incredible self-confidence, using a positive aggressive offensive tactics, even when it was not needed.

Confidence in his omnipotence first arose at the same early success in the fight against corporate giant. Victory gave Ted Turner unwavering belief in themselves and the courage to defend their own views. He needed the desire for more and all the tricks, hints and risky maneuvers that took place in future battles with the "Air-Sea-Hey", "NBC-C", "C-CBS", "Time", " Vestinghauo, the Federal Communications Commission, cable operators, the public and anyone who was an obstacle in his path to success.

Victory

Ted Turner, in the end, won a difficult trial March 3, 1980, which allowed "CNN, NBC," communicate with the satellite "Setkom-1." Another bluff, leading to victory, may be material for a Hollywood movie, as Ted Turner had to threaten, cajole, plead, and even resort to the legal process to run the channel. The eight-hour lawsuit against "Eph-C-C" was the only way to be able to broadcast, and if it has failed, it would be bankrupt. Finally, in the spring of Ted Turner got satellite time, and June 1, 1980 aired the first news "CNN, NBC." This was the beginning of the recognition of Ted Turner as the brightest visionary in the television broadcasting industry, and a force to be reckoned with from now on.

Ted Turner was asked how he was able to create a "C-CNN" when virtually everyone associates with itself and not related to the industry, he predicted defeat. Ted Turner believed that it helped in this intuitive ability makropredvidenie and future markets. He attributes this miracle that he did not have any plan or market the documentary base, which could clarify his future endeavors.

When Ted Turner was asked why he did not pay enough attention to the planning of future markets, he said:

There is no reason for the study, if your idea of ​​a finished look. You need to be confident in their own ideas. I never spent on market research of cable news networks that cost me all the money to the last penny ... I did my own market analysis (Williams, 1981).

Ted Turner proved that he is a charismatic leader, like Gargantua. The strength of his convictions and magnetism were legendary in almost the same way as the Fred Smith of "Federal Express". George Babic of the New York office, "CNN, NBC," Turner said about:

If Ted Turner predicted that the sun will rise in the west tomorrow morning, you would have laughed and said that he was wrong. But you would be worried. You would not want to miss the miracle (Vittmor, 1990).

Ted Turner has always been a mystery to his friends, staff, and ex-wife Jenny. He preached a philosophy, and act differently. Ted Turner said:

"If you can not do something first class, do not do it at all." And he was inclined to believe, because he spent millions on their sailing stuff and different ventures. But his own behavior was often diametrically opposed. According to his wife, he was incredibly frugal. Ted Turner flew everywhere tourist class and trimmed himself, although his condition was 100 million dollars. He personally was cutting his children for many years, even when he became a super-rich. His wife told me he went and turned off the light after people, and later spent millions of dollars on some whim of the business.

Conclusion:

Spirit of risky business, which is highly gifted with Ted Turner, to a large extent determined by its extremely high libido. The fruit of his enterprise was the condition of 1.9 billion dollars. According to "Forbes" list of the richest people in America for 1992, he is ranked seventeenth. He was twice married and has five children, most of whom work in the "T-CBS." He married Jane Fonda, who with her love of freedom was like most of Turner. The wedding took place on 7 December 1991, at its fifty-fourth birthday, the estate of Turner in Florida. Ted's sake she left acting. In her words:

"Ted - not one man, who need to know where you are. He needs you to be there all the time." They lived in Atlanta, Georgia and other places. Whatever may be said about Ted Turner, he had the ability to anticipate social change and had a risky way of thinking, and therefore was able to translate their dreams into reality. The world has become so vast and no better informed thanks to Ted Turner, he brought to reality the dream of the "common home". His love for the risk of destroying many of the barriers set by the establishment, and this world a better place.