Not Always Roses Owning a PR Firm

So, while I generally love my work, allow this Friday to serve as a complaining session –

— After spending considerable time preparing a rush proposal for a prospective client who claimed an urgent need for PR – and insisted we were the PR firm after multiple meetings, all of a sudden the executive on the client side resigned. By email she told us she’d pass along our proposal but would like to work with us at her new company. When we called her replacement, he told us she had asked 6 agencies for the previous assignment – and he’s putting the process on hold.  Imagine our surprise when she called from her new job and asked us to participate in a new PR process – we passed. What a royal waste of time.

— Or how about the prospective client who interviewed us, and then randomly called five of our clients to check our work.  When we asked them to please allow us to manage the process, and not to call our clients saying that “5WPR suggested we call you, in fact Ronn Torossian suggested it.” They seemed surprised that we didn’t want our clients being bothered with such calls.  We certainly understand the need for reference checking, but we value our client relationships and respect their time, and therefore offer our clients a heads up before those calls come.

In any case, after that odd exchange (and endless document trading), they informed us they wanted to hire us. A few days later, via a one line email they informed us someone had come along with a better financial offer.

They were surprised that we weren’t happy with how this process was managed. In truth, while irritated over that process, I am happy we will not be working with that client and am sure they will be a nightmare.

— And lastly, am sure 5WPR is one of many PR firms to be inundated this week with calls from Olympians – While it is great, wouldn’t marketing of an athlete be considered before the week the Olympics starts? Olympic-related PR offers tremendous opportunities, and while U.S. Olympic organizations own the athletes during the games, the brand and image have to be carefully managed.

Athletes have full time training tasks, but these days Public Relations has to be considered part and parcel of any preparation.

— And to end on a good note, have been on CBS’ The Insider three times in last 2 weeks – wanted to share the clips:

 

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Ronn Torossian is the Founder & Chairman of 5W Public Relations, one of the largest independently owned PR firms in the United States. Since founding 5WPR in 2003, he has led the company's growth and vision, with the agency earning accolades including being named a Top 50 Global PR Agency by PRovoke Media, a top three NYC PR agency by O'Dwyers, one of Inc. Magazine's Best Workplaces and being awarded multiple American Business Awards, including a Stevie Award for PR Agency of the Year. With over 25 years of experience crafting and executing powerful narratives, Torossian is one of America's most prolific and well-respected public relations executives. Throughout his career he has advised leading and high-growth businesses, organizations, leaders and boards across corporate, technology and consumer industries. Torossian is known as one of the country's foremost experts on crisis communications. He has lectured on crisis PR at Harvard Business School, appears regularly in the media and has authored two editions of his book, "For Immediate Release: Shape Minds, Build Brands, and Deliver Results With Game-Changing Public Relations," which is an industry best-seller. Torossian's strategic, resourceful approach has been recognized with numerous awards including being named the Stevie American Business Awards Entrepreneur of the Year, the American Business Awards PR Executive of the Year, twice over, an Ernst & Young Entrepreneur of the Year semi-finalist, a Top Crisis Communications Professional by Business Insider, Metropolitan Magazine's Most Influential New Yorker, and a recipient of Crain's New York Most Notable in Marketing & PR. Outside of 5W, Torossian serves as a business advisor to and investor in multiple early stage businesses across the media, B2B and B2C landscape. Torossian is the proud father of two daughters. He is an active member of the Young Presidents Organization (YPO) and a board member of multiple not for profit organizations.