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FIRST PERSON
The Harlem Globetrotters have thrilled audiences for
75 years with their athleticism ar)d showmanship. But in
1992, they were nearly extinct-until a Honeywell executive
who had played for the team in the 1960s had a vision
that would keep the magic, and the brand, alive.
Bringing a Dying Brand
Back to Life
OMETIMES IN BUSINESS , a gOOd by Mannie Jackson
Sbrand dies. Everyone knows and
respects the brand, but tberes a gap who were also close friends of mine,
between peoples knowledge and their and we got a group of investors to-
desire to actually buy the product. gether - mostly friends and business
When the company cant close that gap, connections Id made during my 25
the brand slowly but surely finds its way years at Honeywell. We convinced them
to the dustbin of history. that the Globetrotters organization was
In 1992, the Harlem Clobetrotters worth buying. And over the years, weve
were heading down that path, but I been able to convert peoples knowledge
thought I could get them back on the about the brand into a strong financial
right road. I was convinced the brand still bad return. Weve closed the gap and saved the Globe-
value
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