Saturday
Sep022023
Farewell Jimmy Buffett
Saturday, September 2, 2023 at 11:46AM
This one was a shocker: party anthem rocker and business genius Jimmy Buffett has died. He was 76 and no cause of death was released, but he was in the hospital back in May. The New York Times obituary is fantastic - this link is a gift article, meaning you should be able to read it without a subscription.
tagged Jimmy Buffett
Reader Comments (8)
https://www.forbes.com/sites/brianbushard/2023/09/02/jimmy-buffett-dead-at-76-turned-margaritaville-into-a-billion-dollar-fortune/?sh=c727b3d1d4cd
I, like you, never caught the fever when it came to Buffet. But damn, this guy is the guy that Hagar wants to be when he grows up! So, too, others. He realized that you give people a hint of a life they don't lead, you can then get them to go along with a lot of other things. And his diversification makes KISS look like they were late to the game (they were not; they are also branding geniuses though mainly through licensing). There, too, he was also one of the early leaders in licensing. Key thing is, he also took more of a cut and had more of a role in the overall business than some others did or do. And he then put the money he earned to work, making more money (and also putting some of that dough to work for charities that made a difference). You want to live in Margaritaville? Well, someone is working on that while you Cabo Wabo your way to success (as the creator, not the drinker).
I admire his understanding of what he had to offer and what his fans were willing to pay. Strikes me as a success story. And I understand the sadness at his passing. Just don't make me listen to any of his songs!!!
The Godfather of lifestyle. Jimmy started it all and took it farther than anyone. He taught us all how to live. Jimmy taught us all how to wear shorts, flip-flops and a worn out T-shirt, walk on stage, as well as your favorite restaurant, and be comfortable.
Jimmy turned us onto Corona beer, tequila, and margaritas. The first time I met Jimmy he said "Oh you're the guy that's trying to get my job" and I said, "Of course, we all want to be you."
And, Fletch, you are so right to share that comment. Much of what Hagar does is modeled on Buffett (whose name I should probably spell correctly, as a sign of respect), as I noted. I bag on Hagar a lot (though still want to have a drink with him!). But he understood the idea of marketing an idea (see below), likely/mainly because he understood the template that Buffett laid out quite clearly. So, kudos to Hagar for bringing that idea into another genre and making it work, and work well, for him.
Basically, Buffett showed how you could monetize dreams of a very specific sort on a large scale. And he did so, increasingly, with an eye towards the other Buffet's understanding of how markets worked (or work, this isn't a discussion of capitalism at this point). So he started somewhat directionless, folksy and unfocused. Then he basically invented "Gulf and Western" and rode that through the high, low, and in-between times. Again, a success.
And for those who bought the dream (literally or figuratively), who loved the music (or the idea that it presented), and for those who (unlike me) actually knew and loved the man . . . RIP JB!
I always thought that DLR, missed his chance, so to speak.
He put out (treaded water) with California Girls and Just a Gigolo.
When it became a hit, he didn't follow up on that vibe and parlay it into, dare I say, Cabo Waborita.
Instead, he tried to create the next "Van Halen" 1980's style, by bringing in Steve Vai and Billy Sheehan. Then after he fired Billy, he brought in Matt's brother, another ode to his former band's "chemistry".
Just my humble observation.