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Entries Tagged as 'Business owner/leader stuff'

Rules of the Hunt – do you know what they are?

September 3rd, 2012 · Books, Business owner/leader stuff

There’s a new book called Rules of the Hunt* that is unlike many of the business books on the shelf today.  No witty parables, no acronyms for an overarching belief, in fact it’s absolutely void of anything trendy or theoretical. Instead, this book is just down to earth and friendly advice like you might expect from a trusted mentor.

Did you ever have that one teacher, uncle or boss who you could just sit and listen to for hours?  That’s how I felt about this book — like I was learning from someone I could trust.

The author, Michael Dalton Johnson, shares a lifetime of learning and earning. Along with his practical business insights and observations, Johnson shares some powerful leadership rules that I suspect you’ll use more than once.

I had the chance to ask the author the same questions I enjoy asking all the authors and here’s what he had to say:

If you had to describe the content of your book in a single sentence (no run ons) what would it be?

An old dog’s advice to improve one’s business game.

What one book that you’ve read do you wish you could claim as your own?

There really are none.

In your opinion, what is the one trait that all uber successful business people possess?

I think they all share a real love of the game. There is an abiding excitement and sense of adventure that comes with business success. I doubt you would ever hear one say, “I hate what I do.”

What’s the biggest business mistake you’ve ever made and what did you learn from it?

By far the biggest mistake I’ve made was selling a business prematurely. Back in the nineties, about a year before the Internet boom, I was a partner in a small technical publishing and marketing firm. The champagne corks were popping when we sold it for several million dollars.

About a year later, when the Internet gold rush was in full swing, a like sized competitor sold their business to a fortune 1000 company for 70 million.

The lesson, of course, is to not sell a soon to be appreciating asset. We could have probably seen the Internet investment frenzy coming had we bothered to get quality research on business and investment trends. We never even thought of it.

Why did you have to write this book? What truth or insight was missing from the human consciousness — that you’ve now answered?

My motive was not as lofty as adding to the human consciousness. I have witnessed, and continue to witness, business people making easily avoidable errors. I see many that are doing just so-so and others missing big opportunities, losing money and destroying their health. I wrote this book to give them small advantages to play a better and more rewarding business game.

After someone is done reading your book — what do you hope they do as a result?

I would hope they reflect for a moment on the author’s soaring genius and then start enthusiastically recommending the book to friends, family and strangers at Starbuck’s.

Seriously, I hope the reader will simply remember and use these rules.

 

Note: If you purchase the book on Amazon (see the * affiliate link above or click here) and then go to the Rules of the Hunt website (click here) you can get a bunch of extras from other authors like Zig Ziglar, Jeffrey Gitomer,  and Bob Bly.

 

 

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Have you built a marketing megaphone?

August 1st, 2012 · Business owner/leader stuff, Love affair with customers, Strategy, Word of Mouth

I spent a few days in Vegas recently and the 24/7 chaos was overwhelming. It’s pure overload for all your senses – tons of people everywhere, driving billboards, TVs in the restrooms, a wide array of smells, and a cacophony of sounds at full volume.

It’s a little like how we’re assaulted by marketing messages every day. Over 5,000 messages a day – aimed at all of our senses, pretty much 24/7.

As consumers — it feels like an attack we have to guard against.  As marketers — it’s like a mountain we have to scale.

But somehow our message needs to fight its way to the top and actually be heard. How do we make that happen?

We need a marketing megaphone. (Download 8.5 x 11 version by clicking here) Something that amplifies our message so it gets right where it needs to be.

But that megaphone has to be built in the right order and contain the right elements.  Otherwise, it’s just more noise.

Here’s how to construct a marketing megaphone that actually works.

It starts with you: To break through the clutter – you need to be crystal clear about your core messaging. You need to completely understand how you’re different from your competitors, why you matter to your customers and how you can improve their world.

Imagine your voice in the din of over 5,000 messages. You’re whispering and counting on the next layers in the marketing megaphone to magnify your message. So it sure better be the exact right words/sentiment.

Once you know yourself, you need a plan: Marketing doesn’t happen by accident. You need a clear-cut vision for how you’re going to get out the word. Over 90% of businesses operate without a marketing plan and yet they wonder why they have to work so hard for new sales.

A marketing plan eliminates stutter (you hurry up to market when you’re slow and then stop when you get busy, losing all momentum along the way) or inconsistent marketing.

Your inside advantage: One of the most costly mistakes made by companies is that they forget how vital their employees are to their marketing efforts. A team that’s left in the dark can’t possibly help amp up your message. In most cases, they have the contact with your customers and prospects. So why wouldn’t you want them to be completely plugged into your core messaging and your marketing plan for spreading the word?

Be worth bragging about: Another way to turn up the volume in your marketing megaphone is to give your current customers something to talk about. If you delight them or are the kind of organization they’re proud to be associated with – they’ll shout it to the world via their social networks, their in person networks and through referrals.

All too often, we forget to romance them once we actually get the sale. But, by making them feel wanted and special – you not only create recurring revenue at a lower cost of acquisition but you create a legion of cheerleaders, all out there, putting some oomph into that megaphone.

The exact right prospects: One of the key benefits of truly understanding your brand is that you learn who your perfect customers are. You will identify who really needs what you offer and who would be elated to buy it from you. When you have a profile of exactly who that is – you can aim your marketing megaphone right at their ear and not worry about the rest of the world.

Getting heard isn’t easy but with the help of a properly built megaphone, your message can rise above the din and get to the right audience every time.

Want a full-sized jpg for your own? Click here to download one.

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The Google Yourself Challenge

July 30th, 2012 · Business owner/leader stuff, Employees, Life, Web/Tech · 5 Comments

Forget egosurfing for a second and ask yourself, how much can people learn about you by simply Googling you? The idea behind the Google Yourself Challenge is this: friends, relatives, recruiters, hiring managers, and even strangers may be searching for you on the web.  Why not Google yourself first and control what people can learn about [Read more...]

Is your company ready for social media criticism?

July 18th, 2012 · Business owner/leader stuff, Social Media, Strategy · 6 Comments

A vast majority of CEOs agree that a company’s corporate reputation is more important today than it was five years ago. New technology and social networks are reshaping the landscape of how society convenes and campaigns on critical issues. So you would expect those CEOs would be mindful of the importance of being ready for [Read more...]

What can you learn from a small town?

April 30th, 2012 · Books, Business owner/leader stuff · 14 Comments

Turns out, quite a bit. The whole concept of having a marketplace is blurry today.  It used to be — you sold stuff to your neighbors because they were the only ones close enough to buy from you. But today the world is one “global small town” where all your customers can talk directly to [Read more...]

Can packaging help you sell in a new way?

March 27th, 2012 · Business owner/leader stuff, Psychology, Sales, Strategy · 24 Comments

How we package our products and services often communicates more than we think. Sometimes — a fresh look at packaging can introduce you to a new buyer, make you more attractive to prospects you’ve known for awhile or reinforce a buying decision for your current customers. I was in Walgreens the other day and a [Read more...]

Every goal should be a SMART goal

March 22nd, 2012 · Business owner/leader stuff, Strategy · 7 Comments

I’m sort of astonished at how loosey goosey most companies are about setting goals.  it could be organizational goals, marketing goals or even specific campaign goals. How can you know if something is working — if you haven’t defined success?  Many people say they have goals but they are fuzzy goals at best. A goal [Read more...]

Marketing tip #83: Less but better

February 29th, 2012 · Business owner/leader stuff, Marketing, Strategy · 19 Comments

I just wrapped up a 4-part webinar that focused on creating a marketing plan that you’ll actually use.  The final element we covered was marketing tactics. Now that I know why I am doing this (goals), who I am talking to (best customers), what to say to them (key messaging), how much I can afford [Read more...]

Let’s talk business, social and joy!

February 25th, 2012 · Business owner/leader stuff, Love affair with customers, Social Media, Strategy · No Comments

I’m fortunate that I am invited to guest blog in some of the most prominent and cool spots on the web. Every once in awhile, those opportunities converge and it’s raining Drew‘s thinking everywhere you turn. Come join in these conversations around the web: Marketing Profs Daily Fix: In this post, I suggest that many business [Read more...]

What is the difference between a mission statement and a vision statement?

February 20th, 2012 · Branding, Business owner/leader stuff, Strategy · 34 Comments

This seems to be a question that torments organizations of all kinds and size. What is the difference between a mission statement and a vision statement? Here’s how we explain it to clients: Your mission is what you do best every single day, and your vision is what the future will be like because you [Read more...]