Owning a Public Relations firm, 5WPR, stress is always a factor. Public Relations is a 24/7 business and 1 never knows what comes next.

Some tips which allow me to cope:

• Take pre-planned vacations (preferably in another time zone so you get free time before office hours start – as even a vacation for an executive cant mean completely tuning out)
• Exercise – Sweat always helps…
• As I said in a recent Men’s Health article:  Have music available where you can listen to music for a few minutes to rebalance – http://news.menshealth.com/cope-with-stress/2012/01/19/

Different executives have different ways to defrag – Real Estate mogul Elie Hirschfeld has his triathlons and the gym he loves – Sports Club/LA (East Side) – Doesn’t hurt that he owns the building. Read more about Elie Hirschfeld favorite places at:  http://mia.hauteliving.com/haute-secrets/?cat=All&market=New%20York&guideid=270

As Mark Birnbaum and Eugene Remm who run a nightclub and hospitality empire recently explained in GQ they box multiple times a week. Read more at:  http://www.gq.com/style/ten-essentials/201112/emm-group#ixzz1lSAIGMBt

Of course, those who don’t live in NYC have many different options – Michael Malik, a gaming mogul has boats which allow him to defrag – and of course we can all dream of having our own island ala Richard Branson.

Ronn Torossian is the CEO of 5WPR, and author of the recently released PR book “For Immediate Release”

One of the most exciting aspects of my business is the successful and interesting people we meet or come across – Some random thoughts:

• I run a lot – and have been contemplating training for a triathalon but wonder if I will have the time – until my client Real estate mogul Elie Hirschfeld reminds me that he’s done 75-plus triathlons in my lifetime, and at the age of 61 finished his last one in under 3 hours. I am just going to call him Inspiring Elie Hirschfeld.

• Mark Birnbaum & Eugene Remm whom Forbes refers to as “The New Kings of New York Nightlife” by Forbes- They seem to be in perpetual movement with success – expanding on their already fabulous empire, they have decided in the last few weeks to open Catch Miami, and a 18,000-square-foot restaurant on the Lower East Side.

• Michael Malik who never stops working and is a pioneer in the casino development industry, including big projects in California, Michigan, and New York. He has been  involved in bringing gaming to multiple communities, and continues to seek investment and development opportunities in the entertainment and gaming industry. Mr. Michael J. Malik is another one who’s always looking for more positive action.

• Interestingly, Sumitomo Corporation  closed on a joint venture deal that gives Unicharm a significant stake in the common share of The Hartz Mountain Corporation (Hartz), parent company who makes many pet products, including Hartz flea and Hartz flea & tick.

• NY Russian Real Estate Attorney Edward Mermelstein in Time Magazine this week discussing the fascinating London lawsuit between 2 oligarchs -  Boris Berezovsky and Roman Abramovich.  “This lawsuit is a public relations nightmare for Putin and his country,” says Edward Mermelstein, an international lawyer and an authority on commercial deals in Russia and Ukraine. “The financial aspect is not as material here as is the press that is being generated. It puts all of the Russian government and its business people in a bad light.” Read more: http://globalspin.blogs.time.com/2012/01/20/londons-six-billion-dollar-trial-how-boris-berezovsky-has-already-triumphed/#ixzz1kEkGlTXz

Ronn Torossian is the CEO of 5WPR, and author of the recently released PR book “For Immediate Release”.

Public Relations is an industry from which it is not easy to determine an exact ROI from – and there’s nary a PR Agency in 2012 that works strictly in media relations (which can be measured) -  many, like my firm 5WPR provide full service marketing and PR services. So what are some byproducts of PR that aren’t easy to provide an exact dollar figure to ?

INFLUENCER RELATIONS:  Malcolm Gladwell in his legendary book “The Tipping Point” called it “The Law of the Few” where he said:”The success of any kind of social epidemic is heavily dependent on the involvement of people with a particular and rare set of social gifts.” Economists call it the “80/20 Principle” – where 80 percent of the ‘work’ will be done by 20 percent of the participants.” Influencers move sales often times, and a good PR firm can connect clients to influencers – whether it’s the cool and connected moms (like we do for client brands like Bornfree), nightclub/entertainment mavens who can influence celebrities (i.e. Mark Birnbaum of EMM Group), or in politics rather than connecting to politicians, you reach their lobbyists or uber-influential attorneys like Jay Sekulow.

INTRODUCTIONS:  A Good PR Company introduces clients to one another and connects people together. I learned last week that a client whom we had represented for 3+years until the midst of the economic downturn forced the company to pare budgets had recently completed a major deal with another former client of ours. It took time – as many big deals do, but it’s not something which is directly measureable when one looks at the “ROI” of PR.

INFLUENCE – We have a client who we have represented exactly 1 year – their annual budget with us is around $125,000 and we have done absolutely amazing work as the client regularly tells me – but on off days he’s complained to me that the company web sales from PR aren’t exactly where he wants them to be (and he cited it when giving us a minor raise for Year 2 of our program). And he says PR should move the mark more. Low and behold at his industry’s largest annual trade show one of America’s largest wholesalers sought the company out at the show and bought a huge amount of product – and cited the outstanding publicity program and a specific placement we had secured.  Was thrilled to hear it – and yet another proof of PR’s tremendous ROI.

Of course, traditional and digital PR programs, media relations and all the rest are obvious ROI’s on top of the above bullet points. With Public Relations recently being named for the 2^nd year in a row as one of the most stressful jobs in America, all of us in PR have to do more to educate clients on the tremendous ROI which an effective Public Relations program has.

Ronn Torossian is the CEO of 5WPR, a Top 25 PR Agency and author of Amazon best-selling PR book “For Immediate Release: Shape Minds, Build Brands, and Deliver Results with Game-Changing Public Relations.”

I just wrote an article at Business Insider which I’d appreciate feedback on – and explains why my PR firm, 5WPR is hired to make sure some clients don’t get noticed.

I mention people including Mark Birnbaum, and Moshe Lax who are quietly successful.

Ronn Torossian

5WPR

I welcome your thoughts and observations on my recent article posted to Business Insider at http://www.businessinsider.com/what-do-mark-birnbaum-hartz-flea-and-others-have-in-common-hard-work-and-winning-2011-8

I wrote there about some smart people and successful businesses I recently observed:

• Mark Birnbaum, nightlife mogul of EMM Group who epitomizes hard work and speaks openly of “taking the best care of our customers.” Not always the image one has about the CEO of the club business. Hats off to Mark Birnbaum
• Diversify says Hartz Pets whose website speaks of being rooted in “Hard work and honest dealings.” Their empire through the years has included Hartz Pets (including Hartz Flea and Hartz Tick), real estate and other businesses.

Read on for the full concept and also about Myregistry.com, Philip Stein watches and others.

Ronn Torossian

5WPR