Greg Norman on Fox Business talking about America's failure to Lead, High Taxes, Over-Regulation

[mvmac]

For the video go here

http://www.geoffshackelford.com/homepage/2014/10/11/shark-on-americas-failure-to-lead-obama-high-taxes-over-regu.html

The Living Brand, as he will be forever known now that he's refined the absurd self-designation in this interview ("I love being a living brand"), said he just picked up a club for the first time this week. FutureShark Shootout appearances, however, appear in doubt.

“Well we don’t know yet, we don’t know. I had my first swing in the gym the other day, not hitting a golf ball but just swinging a light weighted golf club and it definitely feels different. I mean I have to build up a lot of the muscle that was torn away here. Chainsaw does a good job, when you chainsaw a log you see all those chips come out, a little bit of flesh in there too.”

The Living Brand lamented America's current foreign policy, corporate tax rate and said the "leadership’s not too hot," explaining that the "leader of the free world should be laying out long term plans" like Greg Norman does for his family of brands when they convene for an annual shareholders shin-dig in Colorado.

Wondering about why things were so "over-regulated," The Living Brand criticized President Barack Obama's leadership on all issues but thankfully, brought the conversation back to what really matters. His ownself.

“I love being a living brand,” he said, “I love growing it, I love seeing opportunities out there and the global market place is just extraordinary right now.”

If only America weren't dragging it all down!

[Stretch]

As they say in his former home country, he's so far up himself he's coming out the other end.

[MS256]

Hell I agree with everything he said, and then some.

[nevets88]

What did ya expect, him to go all Rachel Maddow on us? He's not gonna bite the hand that feeds him, well feed he already is. I disagree with him. There should be more regulatory control over out of control chainsaws!

[Mr. Desmond]

Lack of regulatory control is what helped bring about the last Great Recession. Lack of cooperation extended it.

Agree with him on the corporate tax rates ... and individual taxes are too complex... But I did not expect Obama to change them... that change would have to come from Congress. We haven't had real tax reform since Reagan, when I was preparing and reviewing tax returns - '79-'89. We are long over due for a blend of a low rate VAT and simplified income tax system.

And I agree with him that Obama has erred on foreign policy strategy ... it's evident.

But Obama has wanted to focus on infrastructure to assist the economy and Congress hasn't helped -- that  infrastructure could have beneficial long term effects.

Obama's biggest issue is that there is something insular about him that doesn't allow him to communicate well with the other side -- sometimes you get 60% of what you want, sometimes you get 25% of what you want ... and sometimes the other side is right ... while Obama is contemplative and careful and centralist when it comes to decisions, those methods do not serve him well most of the time. He needs to lighten up.

But as to the living brand ... Norman has always been full of himself ... and he has wealth ... so it's working for him in terms of his goals. He was a great player, knows it, but karma or something did him in during a big moment. Perhaps his ego prevented him from winning that Masters, US Open, or PGA.

[boogielicious]

His arrogance is astounding.  No wonder Tiger won't call him.  All he would do is talk about himself.

[nevets88]

Someone tell me what is it about his "brand" that's so successful? I'm not gonna buy a bottle of wine because his name is on it. Is it that good? I'm not going to play a golf course just because he designed it. I don't like his clothing line. What is it about his stuff that sells so well? Whatever the reason, I'll give him props if his businesses are truly successful.

[MS256]

Just because you don't buy things because they have his name on it doesn't mean other people don't. Celebrity endorsements and even advertising wouldn't be worth much if everybody was like me either, but the fact is that both work. Yeah it would be a bitch to be such a failure in business. http://www.news.com.au/sport/golf/golfing-champion-greg-normans-wealth-now-more-business-than-birdies/story-fndkztro-1226563711756

[newtogolf]

Someone tell me what is it about his "brand" that's so successful? I'm not gonna buy a bottle of wine because his name is on it. Is it that good? I'm not going to play a golf course just because he designed it. I don't like his clothing line. What is it about his stuff that sells so well? Whatever the reason, I'll give him props if his businesses are truly successful.

His steak house on Myrtle Beach is pretty good, beyond that his brand seems pretty weak.  Maybe he's going to come out with a line of Shark chainsaws. (too soon?)

Never been a fan of Norman, but he doesn't need me as a fan he's already his own biggest fan.

[turtleback]

His steak house on Myrtle Beach is pretty good, beyond that his brand seems pretty weak.  Maybe he's going to come out with a line of Shark chainsaws. (too soon?)

Never been a fan of Norman, but he doesn't need me as a fan he's already his own biggest fan.

Nah, this is one case where there is no risk of jumping the shark.  He jumped himself long ago.

[Shorty]

beyond that his brand seems pretty weak.

Yeah...he's only worth 300 million. Bit of a loser off the golf course.....

[nevets88]

Quote:

Originally Posted by nevets88

Someone tell me what is it about his "brand" that's so successful? I'm not gonna buy a bottle of wine because his name is on it. Is it that good? I'm not going to play a golf course just because he designed it. I don't like his clothing line. What is it about his stuff that sells so well? Whatever the reason, I'll give him props if his businesses are truly successful.

Just because you don't buy things because they have his name on it doesn't mean other people don't. Celebrity endorsements and even advertising wouldn't be worth much if everybody was like me either, but the fact is that both work.

Yeah it would be a bitch to be such a failure in business.

http://www.news.com.au/sport/golf/golfing-champion-greg-normans-wealth-now-more-business-than-birdies/story-fndkztro-1226563711756

Quote:

Originally Posted by newtogolf

beyond that his brand seems pretty weak.

Yeah...he's only worth 300 million. Bit of a loser off the golf course.....

From the link above, which is a year old.

In 2007 Norman's conglomerate - based in West Palm Beach, Florida - reportedly hit a peak value of $325 million.

Since then, factors including a struggling US property market and a stronger Australian dollar, as well as two high-profile divorces, have caused the man -now with more marriages than majors - to dip to, at latest estimates, $235 million.

That's still a fair chunk of change. My line of thinking is his business success, his name doesn't have as much to do with it as most think. He made good business decisions and used his connections and earnings from golf shrewdly. He's an athlete/ scholar businessman.

[saevel25]

Lack of regulatory control is what helped bring about the last Great Recession. Lack of cooperation extended it.

It was actually lack of oversight and poor regulatory control, not having too much. If you want to count over 170,000 pages of regulations not having enough

Agree with him on the corporate tax rates ... and individual taxes are too complex... But I did not expect Obama to change them... that change would have to come from Congress. We haven't had real tax reform since Reagan, when I was preparing and reviewing tax returns - '79-'89. We are long over due for a blend of a low rate VAT and simplified income tax system.

I would be a fan of the VAT if all other forms of sales taxes were repealed. It would be stupid to just lump it on.

Yea  a simplified income tax system would be huge as well. As well as a reformed corporate tax system. A huge reason why we loose jobs here is because of our tax system.

That's still a fair chunk of change.  My line of thinking is his business success, his name doesn't have as much to do with it as most think. He made good business decisions and used his connections and earnings from golf shrewdly. He's an athlete/scholarbusinessman.

I have to agree on that one. His golf dominance was late 80's to mid 90's. That was over 20 years ago.

He clearly has a good business sense. I don't think he's making much on his brand now because of who he was as a golfer. It probably helped out when he left golf and went more towards the business route. I think today his brand is more just his business brand, rather than his golfing brand.

[nevets88]

Originally Posted by nevets88

That's still a fair chunk of change.  My line of thinking is his business success, his name doesn't have as much to do with it as most think. He made good business decisions and used his connections and earnings from golf shrewdly. He's an athlete/scholarbusinessman.

I have to agree on that one. His golf dominance was late 80's to mid 90's. That was over 20 years ago.

He clearly has a good business sense. I don't think he's making much on his brand now because of who he was as a golfer. It probably helped out when he left golf and went more towards the business route. I think today his brand is more just his business brand, rather than his golfing brand.

Yeah, by his name, I meant his name in the sense as it is associated to golf. When you think about it, you could say he's more known for his almost major wins (7 2nds) than his 2 majors. Think about it a little more, a bridesmaid reputation could perhaps maybe a bit hurt in terms of business success.

[saevel25]

Yeah, by his name, I meant his name in the sense as it is associated to golf. When you think about it, you could say he's more known for his almost major wins (7 2nds) than his 2 majors. Think about it a little more, a bridesmaid reputation could perhaps maybe a bit hurt in terms of business success.

Well you could say that is because of how dramatic his losses were. Either from him blowing up or from his opponent making some amazing shot. He really didn't have any generic 2nd place losses.

[newtogolf]

Yeah...he's only worth 300 million. Bit of a loser off the golf course.....

Being worth 200 - 300 million has little to do with the strength of his brand.  As @nevets88 pointed out, his net worth has decreased which would indicate his brand is not as strong as it once was.  I also don't see many people wearing Normans golf apparel here in the states, maybe outside the US the brand is a bit stronger.

His steak house in SC was empty when we went there but the food was quite good and the overall look of the place was great.  The waitress that served us commented to our table that when the place first opened up it was always packed, now they have cut back on the staff because business had declined significantly.

[nevets88]

Quote:

Originally Posted by nevets88

Yeah, by his name, I meant his name in the sense as it is associated to golf. When you think about it, you could say he's more known for his almost major wins (7 2nds) than his 2 majors. Think about it a little more, a bridesmaid reputation could perhaps maybe a bit hurt in terms of business success.

Well you could say that is because of how dramatic his losses were. Either from him blowing up or from his opponent making some amazing shot. He really didn't have any generic 2nd place losses.

Yes, you could also say, hey look at how this guy bounced back from adversity so many times. That could be a plus in terms of business with regards to reputation. I guess it's a wash.

[mcanadiens]

Everyone is entitled to their opinion. Truthfully, I probably share some of Norman's. At the same time, it annoys me when sports figures insist on talking politics. There are enough people filling my ear with that stuff anyway. Sports is where I go to play and it pisses me off when politics intrude there as well.