"After four years, with two separate stints in solitary confinement, and remains on probation until next August. After two documentaries plus references in a Saturday Night Live skit and in an Oscars opening joke, the term “Fyre Fest” has become synonymous with scams and disasters."
He has a high-stakes opportunity to change the narrative -
I refer to this example in many of my keynotes and workshops as a case study.
Reviving Fyre Festival is a bold move given the massive failure of the first event. To get it right this time, careful planning, transparency, and solid execution are key.
Some thoughts:
1. Build a Trustworthy and Competent Team
Partner with experts in event planning, logistics, marketing, and finance.
Ensure the team has a track record of delivering successful large-scale events.
2. Establish Clear Leadership Principles: Establish clear leadership roles and responsibilities to maintain accountability throughout the planning and execution phases and hold each other ACCOUNTABLE
3.. Develop a Realistic and Detailed Plan
Set Clear Objectives: with owners. Define the festival’s vision, goals, and target audience. Make sure the objectives are achievable within the given resources and timeframe.
4. Budget Planning: Create a detailed budget covering all aspects, including infrastructure, entertainment, logistics, marketing, and contingencies.
Choose a location with existing infrastructure or one that can realistically accommodate the necessary facilities.
5. Learn from the Past. Acknowledge and be honest about mistakes. Be upfront about the failures of the previous festival and how this event will address those issues.
I honestly believe it is his only course of action forward.
There is such power in correcting mistakes. Billy McFarland
#fyrefest2 #boldmove #coursecorrect
https://lnkd.in/gSZCQhE6
