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You are here: Home / Personal Development for Business Owners / Taking Risks – Keith Urban On Changing a Successful Business Model

Taking Risks – Keith Urban On Changing a Successful Business Model

September 15, 2013 by Sue Painter 9 Comments

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Keith Urban risk takingOne cool thing about living in Nashville is watching the music industry business model. It goes like this:

  • Do what it takes to build your career
  • Get a hit song
  • Replicate the style of that song over and over to get more hit songs.

Unless you are Keith Urban, who has decided to change the usual music industry model and take a big risk, putting his multi-million dollar career as a star on the line. Urban and his wife, Nicole Kidman, live here in Nashville. And Urban, who released his newest album, Fuse, on Tuesday, decided to change his business model.

In an extensive interview in Sunday’s edition of The Tennessean, Urban says he is making career decisions by “taking a look at his comfort zone and then taking one whopping step outside of it.” His new album reflects that risk taking. “I’m OK to fail,” Urban says. “I just don’t want to be one of those people who stay in the little zone of familiarity.”

Instead of working with one producer for his new album, Urban worked with 8 – unheard of in the music industry. The album’s title comes from the work it took to fuse together sounds from country, rock, folk, and pop along with the vision of 8 producers, each of whom worked in their own distinct ways with Urban’s songs.

Was it uncomfortable? Urban readily admits it was. He says he had to question himself every step of the way, asking “is this not working right now because I’m just scared and it doesn't sound like the old me?”

Keith Urban FuseKeith Urban puts a lot on the line by coming out with a totally new sound in Fuse. He’s changed his business model and has gone against the grain of how country music stars usually produce new albums. He’s mixed sounds from 4 different types of music. His decision to challenge himself and step outside his own comfort zone is something we each have to do as business owners. Otherwise, we end up stifling ourselves because we are scared.

If you take the lesson from Keith Urban, you’ll ask yourself these questions:

  • Am I OK to fail, and learn from what I tried?
  • Am I stuck in a “zone of familiarity?”
  • Can I tolerate being uncomfortable as I try something different in my business?
  • Can I tell the difference between being scared and really believing that something isn't going to work for reasons other than my own fear?

Growing your business means taking risks. Maybe one of Nashville’s many music stars has given us a good model to follow when we need to step out of our comfort zone.

Want more about taking risks in business? Try my blog post “Children, Risk, and Success” or “How To Be a Predictably Successful Entrepreneur” by clicking here. You can also download my e-book about risk and change by going to my SuePainter.com website.

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Filed Under: Personal Development for Business Owners Tagged With: Becoming Fearless, Business Growth and Development, Personal Growth for Business Owners, Success in Business

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Comments

  1. Trudy Scott Food Mood Expert and Nutritionist says

    September 26, 2013 at 1:36 am

    Love this “taking a look at his comfort zone and then taking one whopping step outside of it.” – brilliant and so smart!

    Reply
  2. Tiffany deSilva says

    September 23, 2013 at 11:33 am

    Great example, Sue! You can’t expect to reach your full potential if you never push yourself beyond what you have always done.

    Reply
  3. Mira Dessy says

    September 22, 2013 at 4:08 pm

    Definitely an uncomfortable idea to step outside of your comfort zone. But maybe sometimes it’s the key to growth. Going to have to look more closely at this idea.

    Reply
  4. Mitch Tublin says

    September 22, 2013 at 11:32 am

    Great to see a creative, entertainment figure take on the business model and turn it upsode down.

    Reply
  5. Heidi Alexandra says

    September 21, 2013 at 6:10 am

    Wow great reminder to be constantly innovating and changing in order to stay relevant the concept of the “zone of familiarity” reminds me of a Jack Welch quote “If the rate of change on the outside exceeds the rate of change on the inside, the end is near.”
    ― Jack Welch

    Reply
  6. Jessica says

    September 18, 2013 at 2:04 pm

    Anytime I can learn from a successful, creative, I’m listening… and the country music musings of Keith Urban and I’m in! Great article and GREAT subject 🙂

    Reply
  7. Mary Ellen Miller says

    September 18, 2013 at 10:13 am

    Sue how fascinating to read your insights into a country music star. I enjoyed Katherine’s comments as well. Kind of reminds me of skating. When you fall you are learning!
    Thank you!

    Reply
  8. Sue Painter says

    September 17, 2013 at 7:34 am

    I love your grandfather’s saying, Katherine.
    Sue

    Reply
  9. Katherine C. H. E. says

    September 16, 2013 at 11:53 am

    Bravo to Keith and to you for sharing his story in your unique way. I totally agree. MOST musical superstars follow the first model, but there are some amazing exceptions: Madonna keeps reinventing her self. Michael Jackson tried new things. Billy Joel, David Bowie, Annie Lennox, Bono… just to name a few who have made careers of doing just what you suggest. A lot of artists fizzle out when they try new things; so, you have to — like Keith — be not afraid to fail.

    My grandfather often noticed, “the best cooks sometimes make awful meals.”

    He said mediocre cooks always make OK meals, but the great ones, the best ones, the ones who are ALWAYS pushing the envelope in the stretch required to truly find excellence, those ones will fall flat on their faces every now and then.

    GREAT post, Sue!

    Love,

    Katherine
    Katherine C. H. E.
    Author, Be True Rich

    Reply

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