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When it comes to giving owners effective business advice, our ActionCOACH business coaches make it clear to every client in the beginning that to be meaningful, any change in life or in business has to be dramatic.

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In my a previous I mentioned how the most frustrating part of starting a business was simply finding the right idea to pursue. This may sound ridiculous to some people, since “thinking of the initial idea” should be the simplest part of starting a business.

Just about all the media, along with most entrepreneurs they interview, reminds us to “find our passion” and then start a business based on that. Although this is true, for most people this statement is close to meaningless.

If you are considering to start a business you should analyze several different factors to determine whether or not that business is the correct fit for you. Some of these factors should include:

1. Passion For Your Idea

2. Revenue Viability or Cash Flow

3. IPO or Merger; Acquisition Possibility or Can You Sell it for a Profit?

4. Location-Based – Can you Move or Multiply it elsewhere

5. International Or Local

6. Self-Employed vs. Business Owner

Whether you are starting a surf shop in Brazil or developing an advertising firm with your dream of being on Madison Avenue one day, these factors apply to all your start up ideas. Many businesses fail because they do not fully consider and evaluate these factors before they commence their venture. Tony Robbins, the famous personal development guru, has always admonished “ignorance is not bliss” and this is true, especially when it comes to your business life. While entrepreneurs have a bias towards action, successful entrepreneurs show a keen balance between action and planning.

1. Passion For Your Idea

This is probably the most crucial factor when deciding to start a business. Passion is the fire that fuels all of us to make a difference in this world and do whatever it takes to overcome the obstacles, creating business empires from little more than basement walls. Your Passion is what makes you get out of bed in the morning and face each new day. When thinking of an idea, your passion should be number one on the priority list.

Could you see yourself going to work every day trying to work on the same old boring idea, year after year? Probably not. The facts is that starting a business always takes longer than you think it will and unless you have an unrelenting passion for the idea, or your driving “fire” will fade and the business growth will wither. I believe that this is the reason why most new businesses fail. A lack in your passion directly translates into a lack of focus, which causes your company to go downhill.

When it came to starting my own business, I had a passion for 1) building a business around who I am and 2) helping others become successful at doing the same. I combined both of these when developing my consulting business. I knew that this was an industry that I had very little experience in. This business would force me to learn everything from scratch, building contacts out of thin air and trying to develop a product and a system from scratch.

After about a year I came up with my first real idea of exactly what I wanted to do and how I would do it. I was passionate about it and that passion is much stronger today than it was even then. This is a positive sign for you, when your passion keeps growing. It is what is required to keep you going.

2. Revenue Viability

This factor is simple to understand, yet the most critical one to answer. The main question with any start-up is; “how does this business make money”? Your answer to this question will end up becoming your revenue model for your company. It can either be a very simple answer (well give surf lessons at our shop) or very complex (we provide initial loss leader products, combined with premium product upsells to limited segment, and alternative services to the other segments that are not direct competition).

Whatever your revenue model looks like, it should be clarified at the start, and then improved upon as your business grows. Once you have your passion in place, you need a clearly defined method to make money with your idea. Without revenue, your business will cease to exist very quickly. Make sure to write down every possible revenue streams you can think of, and then hold on to them until you determine which ones you will apply in your business.

In our business, we knew that most Web companies simply rely on advertising to pay the bills. In fact, a few companies do not even have an implemented revenue model, and made very little in revenue at the beginning, yet are still successful (Twitter, for example – which only recently added its ad revenue stream) We wanted to be different, and run our company as a real person to person business, including leveraging an online platform. So, we came up with several different ideas for revenue streams, and we are constantly updating them as we go along. Revenue is the number one thing to keep in mind, without it you are not around long enough to test the market and learn from that and from your mistakes, because you need them to succeed too.

3. IPO or Merger & Acquisition Possibility (Exit Strategy)

While this section will not apply to most small businesses, I felt that it should be included after the revenue section for those companies that need it. When starting a company that will require investment from either local or formal investors, an IPO or M&A strategy is important. This usually only applies to Web start-up companies, but can stretch across to other sectors.

An IPO, or Initial Public Offering, is when a company turns public, or allows it’s shares to be traded on a public stock exchange. A perfect example of this is when you or I buy stock in Microsoft, Coca-Cola or Google. We purchase a stock at a price that fluctuates every day based on people buying or selling that stock to one another. Using this method, a company can liquidate, or convert stock to money extremely quickly. On the days where companies go public, every stock holder in that company receives an immediate money value based on the price of the stock. IPO’s have dried up in the past couple of years due to the recession. However, it is starting to pick up a little with companies like OpenTable that have gone public in 2009.

An M&A, or Merger and Acquisition, is when one company is purchased, or bought out by a larger company. An example of this is when Google bought out YouTube a couple of years ago for a huge amount of money (around $1.6 billion). YouTube was now owned by Google, and all of the investors in YouTube got a huge return on their investment. Venture Capitalists and Angel Investors decide to primarily invest in tech companies for this reason. If all goes according to plan, a 5 million dollar investment can turn into 100 million dollars in a couple of years. Not bad, considering most people get around a 2% annual return at the bank. An example of the most famous M&A in 2009 can be found at this link, Amazon Closes Zappos Deal, Ends Up Paying $1.2 Billion

When starting a company, it should be considered whether or not an IPO or M&A is possible. This will make your business much more complicated, but could result in a huge payout at the end of the day.

4. Location-Based

Location, location, location, as the old saying goes. This applies not only to real estate, but also to business. While location may not be the first priority on everyone’s list, it certainly is an important element. Entrepreneurs themselves usually determine whether or not they want to have their business at a fixed location or a portable one.

Many entrepreneurs are opting to choose the “Internet lifestyle” rather than the old 9-5 system with a cubicle. This lifestyle usually includes sitting at home in your pajamas and watching the checks roll in, or sitting on a beach somewhere sipping piña coladas and suntanning. This is very possible, and is happening all over the world. Through the use of Internet Weblogs, (or blogs) electronic-books, affiliate sales and content writing, entrepreneurs are able to generate more than enough revenue to sustain themselves in whatever climate they would like.

The Internet is changing the way that people around the world operate and work. Employees can now work remotely from anywhere in the world, video conferences are beginning to replace old boardroom meetings and mobile smartphones are beginning to replace computers for many businesspeople. However, there is still a huge percentage of the population that work from a location-based business. If you are an entrepreneur and you want to open up a bakery, restaurant, cafe, hardware store, printing business, etc… then you obviously need a storefront. This will limit you to the location that you choose.

So, now while choosing what kind of business, you would have determined that you had a burning passion for the idea, it could make money, and where the business was going to be located. Once you have determined whether the business is going to be an online or an offline business, you then need to determine where to start that business.

5. International or Local

Certain areas of the world are more friendly to certain types of businesses than others. Generally, Internet businesses end up near San Francisco, real estate companies migrate to New York or Chicago, and financial companies target New York, London or Tokyo. That’s not to say that you can’t start any one of these businesses in another location, but it will not have as many advantages. Companies usually migrate to these areas due to an influx of educated workers, high job demand, technologically advanced cities, good working and living conditions and the ability to interact with like-minded individuals.

If you do decide to go into business for yourself and create an “Internet lifestyle” then the location does not really apply to you. You can choose to work wherever you would like! For most people, the location is key. Many decisions are family-based, and require the location to be quite close to the home. This is alright for a local business, where the business owner can decide their hours and where they work.

If you have the opportunity to choose where you work, you can choose to work locally or internationally. Local may be good because of the familiarity, support network and an immediate contact base. International locations may be scary or difficult at first, since you will potentially not know anyone and not be familiar to the area, as well as a potential language barrier. Certain areas in the world, however, present excellent opportunities for starting businesses for very cheap. For example, starting a surf shop would not make much sense in Northern Alberta, but on the coast of Brazil, you would be in high demand. In order to truly run a business that you are passionate about, you may have to move internationally.

Keep in mind the nature of your business, and if you are prepared to move. Some businesses can work anywhere in the world, yet certain locations are more conducive to them. Our business, using it as an example, could potentially be run anywhere, seeing as it is online. However, a location such as New York or San Francisco would greatly increase the possibilities of success, due to the talent that is congregated in those areas.

We are currently researching where the best possible location would for building and developing a team. One thing that we know is that our team will not be housed locally, but rather internationally. We have also realized that the business model that we have selected will eventually allow us to expand with satellite offices around the world.

The key is to realize what kind of business you are trying to run right from the beginning. Making that decision will drive some of the decision making that you make along the way.

6. Self-Employed vs. Business Owner

This section is based off of the ideas presented in the book “Cashflow Quadrant” by Robert Kawasaki, and is extremely important when considering what kind of business to start.

You have to make the decision from the beginning whether you are going to run the business, or if the business is going to run you. There is a distinct difference, and it is crucial that every potential start-up realize the differences. Here is the difference between a business owner and someone who is self-employed.

A business owner creates systems within the business that allows the business to run, even when the owner is not present.

Someone who is self-employed needs to be present for the business to run, and if they leave, everything stops operating. There are no systems present.

Let’s look at the two types of leaders in detail.

Business Owner

A business owner starts a business with a certain mindset from the start. They want to build a company, not a mom-and-pop. The owner wants to build systems that scale, while hiring employees that carry out tasks, solve problems and create opportunity. The owner will purposely hire employees smarter than them, and then manage them carefully. The purpose of starting a business for them is to create a company, not a job. Reread this again, as it is very important. When you start a business, are you doing it to create a job for yourself? If so, that is fine, it will just be a different type of business. Businesses are created to supplement income, but owners must be willing to work for nothing until the business is up and running. When starting a business, the owner is the last person to get paid. When selling a business, the owner is the last person to get paid. To create a long-lasting and successful company, the owner must be willing to work for free.

The business owner runs the business, creates systems that scale and keeps their personal salary in check at all times.

Self-Employed

Someone who is self-employed is also known as a “technician” by the book “The E-Myth” by Michael Gerber. A technician is someone who knows a specific skill that they can turn into a business. An example of this is a mother that can bake pies really well.

Mary knows that she makes the best pies in Colorado, and all of her friends and family tell her that she should start her own bakery. So one day, she decides to. Mary raises money from her local bank in order to renovate a building and create a beautiful storefront. She opens “Mary’s Cakes and Pies” six months after she decides to start the business, and she is extremely excited! Mary advertises in the local paper that she is having a grand opening on January 1. That date comes, and with all of her excitement, Mary shows up at 3:00 AM to start baking! She bakes lots of her best pies and cakes, and the whole town shows up to try out her pies! She is a hit! Mary works until 11:00 that night cleaning up, and doesn’t care because she is so excited. She then has to do the accounting for the day, which takes her until 1:00 AM. What a long day! Oh well, Mary thinks, because I am running a business! I am in control of my life! No more boss for me, no more set hours, I pay myself when I want!

Skip ahead six months, and Mary is a different person. She hates all pies, never wants to see a pie again for the rest of her life. She is dead tired, hates getting up in the morning and doesn’t do her accounting anymore. She hired a bookkeeper to do that, who eventually turned into her manager. That manager, Fred, then was given the responsibility of hiring and managing employees. Mary, since she was so busy, never spoke to her employees. She really didn’t know who they were. That was Fred’s job anyway. She was far too busy making cakes, dealing with employees, finding new contracts and cleaning the bakery. Mary wishes she had never started this business, it was taking over her life. Not only that, but she was losing money. Sure, she had her steady clients, but it was hard to attract new customers in this economy. If only she could sell it, and go back to a normal job where she worked 9-5.

Why, you may ask?

Well, Mary is not an entrepreneur, she is not a business owner. She is self-employed. Notice the difference between what we mentioned before versus what Mary is doing now. She does not run the business, the business runs her. She works because she has to keep the business running, not because she wants to. She works incredibly long hours with very little results. She is like a hamster stuck on a wheel.

Mary has never even thought about scaling or systems. What do those words even mean? She hired Fred to do her books, and assumed that he knew how to manage. She has no relations with her employees, because Fred is taking care of them. What happens if Fred decides to leave? Well, Mary is in trouble, because she doesn’t know her employees or what they do. No systems are in place for her employees to follow. If Mary is sick or goes on holidays, the business stops. She is controlled by the business.

Do you know anyone like this?

Overall, the self-employed individual is run by the business, does not create any systems, does not think about scalability and takes a personal check in order to treat the business like a job.

When considering what kind of business to start, make sure you keep this comparison in mind. Mary could have avoided many pitfalls by following the principles of a business owner, but this is obviously easier said than done. Any business can be run with the proper ideals from the start, which will save the owner a lot of grief and anger. Keep in mind what kind of business you are trying to start. Even when creating an online business, the goal is passive income. This means that you earn money while you sleep. This only happens when you have the proper systems in place.

Overall, the six points to consider once again when starting a business are:

1. Passion For The Idea

2. Revenue Viability

3. IPO or Merger & Acquisition Possibility

4. Location-Based

5. International Or Local

6. Self-Employed vs. Business Owner Keep all of these points in mind when you are trying to start a business. This certainly would have focused our business from the start. Many people go blindly into a business that they feel would be fun to start, which ends up being a nightmare. Do your research at the start and you will have a company that will have a much higher probability of success.

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10 Steps to Turn Your Passion into Business

Passion is business

Our passions are the winds that propel our vessel. Our reason is the pilot that steers her. Without winds the vessel would not move and without a pilot she would be lost. – Proverb

Do you have a dream of what you really most want to do, plus you wish you could get paid handsomely for doing it? Perhaps enough to support your family and your chosen lifestyle whilst still being fulfilled in life?

I always enjoyed watching nature and travel shows on TV. It seems to me that the hosts of these programs were the luckiest people on earth. They would travel around the world, do all the fun stuff and still get paid for it, and loving every moment of it! Now that’s a life!

Sadly I never became a TV host of any of those programs and I am not a celebrity either, BUT now I actually do earn my living doing what I love most! I have been pursuing my passion for many years and eventually I have turned it into a fun business too.

Following your passion is a powerful way to become great at something. It is the most delightful path that thrills and fulfills your life. However I must caution you that if you follow only your passion alone, you are most likely to find yourself broken-hearted person somewhere down the road. Your dreams will just remain your dreams and your life reality will return to boring and unfulfilled again. Deciding to follow your passion requires that you combine it with expertise and connection to people for it to provide you with sustained satisfaction and enduring rewards. Combining these three into your business adds a new dimension to your experience.

What you need to know to turn your passion into a business.

1. Expand on your passion. Look at your passion from different angles in order to see what the real source of it is.I have been a fitness instructor for 8 years and I considered it my passion. However, a few years ago I realized that my true passion lied in helping people perfect their bodies, improve their health and find their life balance. Do not choose a very narrow passion that you might outgrow within a couple of years. Look at the broad picture by analyzing everything that makes you feel fulfilled in life. Do you see a connection?

2. Make sure that you have found your passion and just your hobby. There is a big difference between what we like and what we are passionate about. I like cooking, it is my hobby but I am not passionate about it. The thought of spending the entire day in the kitchen cooking for hundreds of people is horrifying to me. Ask yourself this simple question “Am I ready to do this every day of my life for the next 5, 10, 20 years?” If your answer is “yes” then you have likely found your true passion.

3. Get the support of your family. If you are married then this is a must before you even start thinking about making business out of your passion. Misunderstanding, arguments and constant nagging can kill your passion quickly.

4. Think of all possible ways how you can pursue your passion. This is the opposite of the previous tip. Brainstorm all possible ways how you can pursue your passion. Let’s say that you are passionate about cooking. You can become a chef and eventually open a restaurant, you can write a book of recipes, you can have a blog about cooking, you can give private cooking lessons or cater for private parties. The more business opportunities you see the easier it will be to find the one that will work for you.

5. Be prepared for the boring stuff. Every business has its boring side. Even though your passion will be your business you won’t escape this part of being an entrepreneur. Whether it is accounting and tax preparation, cleaning the dishes, fighting hundreds of spam messages on your blog or dealing with difficult customers, you will have to get used to it. There is nothing much exciting about it. But this boring stuff lets you enjoy what you are doing 90% of the time.

6. Treat your passion like business. A lot of people when they venture out in the pursuit of passion make a mistake of treating it like a hobby. There is a common misconception that when they love something they must do it only when they feel like it. In terms of writing it will mean writing only when you have inspiration (whether it is once a day or once a week). Treating your passion like business means:
– Having a to-do list or some plan that must be completed in a certain amount of time.
– Doing it whether you feel like it or not.
– Getting dressed for your work (you will need this if you are going to work from home. I can never come up with post ideas while I am wearing my pajamas).
– Having regular work hours (do not let your family or friends disturb you during those hours even if it means skipping a cup of coffee with your best friend or missing that great movie at the theater).
– Having an organized uncluttered work space (even if your office will consist of a chair and a table, make sure that you do not have any clutter or anything that will distract you from work).
– Having days-off and vacations (otherwise you will experience burnout really fast).
– Not expecting to earn a lot at once (at first you might even have to do everything for free just to gain the experience)

7. Try a few different ideas. It is important to experiment with several different business ideas to see which ones will work for you. A passionate writer might be great at writing childrens’ books but they will suck at writing personal development articles. Figure out what works for you.

8. Get some critique. You might think that your passion and idea for business is awesome but in reality it might be a disaster waiting to happen. Talk to your friends or family and let them evaluate your business to make sure that your expectations are realistic. Do not get offended when they criticize but rather use this information to come up with better plans for business.

9. for 6-12 months) or have a half-time job that will let you survive even if your business idea fails. Business laws have nothing to do with passion and your business might be a failure. Be prepared for any consequences and be ready to readjust your plans if needed.

10. Do not turn your passion into obsession. When you love doing something you must still be realistic about your plans and expectations. How do you know that your passion has turned into obsession? It is when you start thinking about your passion/business 24 hours a day and when you give up any other opportunities in your daily life (spend an evening out with your friends or take an unexpected trip to the ocean with your family). Always have a backup plan. When you are just starting out it is good to have some funds built up in your account. It is also when you stop noticing any critical comments of your friends or relatives and keep following your passion even when you are on the verge of bankruptcy.

Follow these tips and turn your passion into a successful business. Live strong, play big and enjoy the adventure every day.

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Hi. In my conversations with entrepreneurs starting out as well as those who are expanding their enterprises, I have found some common challenges they come up with in our discussions. If you can solve these problems you can change the world, you can do anything and go anywhere and be guaranteed success. So what are these critical challenges that present themselves as roadblocks to success?

Top of their list is undoubtedly this one.

They don’t know how or they don’t believe that they can sell on value instead of price.

Until they overcome this mindset they can never really succeed. Until they understand the true value that their solution is providing to their target market, they will define themselves, their value, the price of their product and all their marketing efforts falsely. How can I say that? Well it’s simple, if you are not clear on the value you deliver, you will promote and price your product or service on the basis of what other people in the market are charging for similar or competing items. By doing that you have automatically opted to sell yourself as a commodity, you are simply selling on price. You are relying on supply and demand, and you will ALWAYS LOSE!

You will have to start with 0% market share, you will have to compete with the established players in the market, you will have to pay your dues to muscle your way into the market the hard way. You will waste a large portion of your marketing spend to just get seen and heard, before you can even sell a product. You will have to prove that your “new” product is better than established competitors who have a longer and better track record than you do. Why should their existing customers change to your product, and take risks with you, when they have a safe bet, albeit with a product that is inferior to yours? There’s a lot of pain right there! That’s a mission all by itself, and for most entrepreneurs, their passion is in their product or service. It’s their new baby they want the whole world to love too. So what do they do? They may dig deep in their pockets to pay marketing experts to do it for them – good luck to you. Or they will try it small scale themselves and in 99% of the cases the results are predictable, small results, slow progress, but better than nothing, but not enough to survive on. Is there another better way?

Yes. Fortunately there is. Stop selling on price and sell on value instead. It’s much much easier and it works every time. What do I mean by selling on value. Let’s look at a for instance. Let’s say I bring out a new “Super Widget” that can instantly sanitize the air in any room. Wow great invention! Let’s say it costs me $50 to make, so I ask all my friends and people that i meet how much they would pay for it, and I average their answers out. To get a number they each think about how much are currently paying for competing products such as air spray deodorizers, special cleaning chemicals or whatever else they are using and let’s say they come up with a number like $100. Sounds good, a 100% markup. No, that’s bad, it’s not going to work.

At $100 they are only comparable, new customers discount what they are willing to pay against the risks of the new widget not working for them they way they expect it to. So you decide to sell it at $90 to create a price incentive to try it out.

Add in the costs of your marketing, carrying inventory, distribution and support and your product is a loser.

What’s a guaranteed alternative that will work? Selling on value will every time. So…

What is Selling on Value?

Selling on value is the process of determining the value of your product not based on it’s built-in value (e.g. fast, long lasting, accurate, reliable) but instead on it’s value to the customer (ease, convenience, saves them time, etc.). To do that you need to interview your customer to find the pain they have that your product can fix for them. What is a driving need the customer has that you can fulfill, and how much is that worth to the customer. Remember people respond more to achieving pleasure of avoiding pain than to features, benefits of the product. They are only interested in what it will do for them.

So selling on value rather than price involves six steps.
1. Determine customer pain that you can fix. Make sure customer is fully aware of their pain (very important).
2. Get customer to quantify the value of a solution to them (not to you), and determine their urgency to solve it.
3. Reveal to customer your unique solution and create belief in customer that this will work to make the pain go away, and make them vividly aware of what good things it will facilitate (e.g. dreams, business targets, growth, happy customers, etc).
4. Re-affirm and re-assure customer based on their own pains and dreams and value they ascribed to each, how this product will solve their problem. Then provide in minimal detail the supporting claims of features that provide benefits and how they give the customer an advantage.
5. Show the customer how they can get the solution as easily as possible – price plans, payment plans, delivery options, product options and extras – then presume the sale and close the deal.
6. Answer “objections” if any by re-affirming the specific personal value the customer will derive from your product.

Can you guarantee a sale every time – No. But remember that people only buy because of the emotion stirred within them about meeting their deepest needs, and not about how wonderful products are or how “cheap” they are. How does your product make your customer feel about themselves?

We teach entrepreneurs how to find the value in their products, but more importantly how to identify the value they can deliver within the customers in their target market. Secondly we show them how to leverage that into more sales, more often. We all love to focus on “our” product, but instead we need to become unselfish and focus instead on helping them find and feel their needs and showing them how they can experience the deep satisfaction of their needs. So remember WIIFM (What’s In It For Me) which the radio station that your customer’s mind is always tuned in to. So go there, they’ll love you for it.

See my other article about the “10 reasons to never sell on price” .
Pierre Basson – Business Mentor Extraordinaire

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The True Value of a Unique Value Proposition

The idea of using a unique selling proposition (USP) isn’t unique or new in business.

So what is a USP? Do you have a simple statement about your brand or business that tells your prospects how you are the only alternative for to solve their problem? You have one already that just rolls off your tongue? Not? It is Business 101 yet most businesses simply do not have an answer that pops into their mind for this?. Even worse there isn’t one on their letterheads, business cards or on their website home page! What a wasted opportunity!

By unique selling proposition (USP) I don’t mean a slogan or a phrase that appears in your advertising. I mean that powerful yet concise and memorable phrase that answers the main question in your prospect’s head, “Why should I do business with you instead of somebody else?”

A unique selling proposition is very important. Let’s ask ourselves…

Why should your ideal customer purchase from you rather than from someone else?

So ask yourself, what one single thing about your company, or your product selection, or your customer service or your customer loyalty is so compelling a value, that even if your product was out of stock, or some par of the supply chain was broken (e.g. your website checkout), it would make a customer stick around and buy something anyway? Can you answer this? Why not? If you can’t answer this what hope has your customer of answering this, who has less insight into your business? Nothing closes clients on using you more easily than showcasing a unique unbeatable edge that they value.

Many marketing experts believe so strongly in the importance of having clarity in your Unique Value Proposition, that they proclaim that if you get your unique value proposition correct, you can afford to do many other things wrong and still get great results!

Whether we are helping our clients determine their Unique “Selling” or “Value” Proposition, we still find it is the biggest energizer you can have in your business. It is one of our 7 Business Sweet Spot Keys that enables your entire organization to zone in on the edge that you have over your competition and turn it rapidly into more sales at every level. Helping you find and clarify your unique value proposition for use across your whole organization, gives you a powerful guideline for your marketing decisions.

I was reminded of this recently when one of our shares their most recent success story. He was testing a variation in the wording of a client’s unique value proposition on their website. The result was an increase in his conversion rate of 36.2 percent. What did we do for our client that worked so well? We started by writing several suggested unique value propositions, since this company didn’t have one to begin with. Then we tested several different and unique value propositions, until a clear winner emerged in our testing. Not only did our client see a conversion rate increase, our customer took their new unique value proposition (UVP) and put it on all their stationery and other marketing materials. Within twelve weeks their sales had increased by over 47%, their sales team was pumped and all their staff felt like they had a new secret weapon, part of their not so secret sauce.

Unique Value Proposition Supporting Headlines

Recently we have seen even better results by surrounding their Unique Value Proposition with supporting headlines. These are often derived from the initial brainstorming to find their Unique Value Proposition. They are supporting value statements that paraphrase, or dimensionalize an aspect of the Unique Value Proposition. e.g. In support of lowest price in UVP, you may offer “We will beat the lowest price you can find – guaranteed”. Or in support of guaranteed service quality, a guarantee that if the solution is not 100% then the labor charge is waived. These headlines are great to add to your PPC ads and for enhancing the landing-page consistency. When visitors take their precious eight-second first impression, you want them to know why they should buy from you and not your competitors.

Strengthen Your Unique Value Proposition

Creating a unique value proposition and supporting headlines that are sticky, isn’t for chumps or posers. Your unique value proposition must be clear, relevant, and easy to understand. Here’s a quick, easy process for creating a more powerful unique value proposition:

* Ask your clients or potential must have clients what they value most about your product or service – make a list. Ideally use our use our 5 killer Ideation Creator questions to max the value of your answers.
* On your list, look for repeating themes.
* Review your list and using the answers you gathered write 5 to 10 versions for potential unique value propositions or headlines.
* Select three of the most promising unique value propositions and test them.
* Pick the best-performing unique value proposition and apply it everywhere in your business.

How strong is your unique value proposition? It is the key to conversion rate increase and boosting your business success.

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Our modern society has only three major mindsets, and those are: “to do” and“to have” and “to be”. “To do” is the mindset which favors productivity, long hours, getting stuff done, competence. “To be” is the mindset which favors enjoyment, freedom, detachment, and continuity. “To have” is the mindset which favors possessions, acquisitions, disruption, control .  In our lives we switch from one mindset to another over time.  At some point, “to have”  or “to do” seems more important and is preferred. At other times we prefer to be more “to be”.

Our western society  has a huge leaning towards the “to have” mindset. Our social structures are designed to support acquisition or to facilitate control. Most success is portrayed in terms of  power, influence or possessions. Almost every type of value creation promoted to us is some form of control or disruption. The “to have” mindset is ubiquitously prevalent (everywhere all the time). It seems we so easily forget the value of “to be”.

Spontaneity Versus Addiction

Having things is a gravitational activity. The more you have, the more you will attract. As you shift your mindset towards having, you will draw into your life more and more possessions. And that habit will create addictions. You will want more and more and it will tie you down to the path it demands like links of an endless chain. The more you have, the bigger the chains, the ,ore powerful that addiction.

Instead enjoy now. Even as you read this blog. Without stuff as a prop you can have the feelings you long for. Remember that you are as happy/satisfied/joyful/pleased with yourself as you choose to be. It doesn’t take weeks to achieve. Just decide and you have it. Be spontaneous just because you can and it feels great. Release from not having something to protect or to acquire will un-stress you from driving yourself like a slave. You can spontaneous, in this moment. Yes, right here and right now. You’ll be acting directly and focused, no hidden strings to control you. Addiction always comes from the “to do” and the “to have” mindsets, if you chose “to be” you can’t help but  be spontaneous, living in this present moment.

Limited Value Versus Continuous Value

When you have something, you have it only for a limited period of time, this we usually get from commodities. From the moment you first “owned” that thing it’s value value started to decay in a destructive path towards obselete and useless. Every economic theory confirms the  fact that there is a devaluation of things based on the time once  we’ve had possession over them. You can only benefit from your stuff for a  limited period of time.

On the other hand, “to be”  or being is continuous. By choosing “to be” rather than to have or to do, you become what you want now and maintain as long as you like without decay. When you obey the “to have” mindset, you only have that beautiful something temporarily until you buy a similar item again to try to recreate the feeling. When you’re enjoying the “to be” mindset you can internally generate “joy” and delight without being dependent on externals like stuff or performance.  “You are as happy as you choose to be. Right Now!”

Past, Future or Present

When you “have” something you have it only in the past. You may have the illusion that you have it in the present moment but it is passing away. Getting passes very quickly and having is rarely as fun as getting. Think about your presents from Christmas last, what do they mean to you now?  In your present moment there is only a presence,  being you.

When you chose “to be” you chose to live in the present, in this moment only. You can’t live in he past or in the future, you can only be in this present second. Your focus is then fully on living this moment to the maximum it is offering you. Your energy is not last o either the past or the future , since you can do nothing with them except what you do now, by choosing to be.  This second is all you have. You can’t be in the future because the future doesn’t yet exist  and you can’t be in the past, because the past doesn’t exist anymore . Having something is always in the past, being can ONLY be in the present.
Journey Versus Destination

Having something is spending most of your time waiting for the the destination, while being is all about enjoying every step of the journey. Relying on the satisfaction experience  for something you just had, or obtained, is deceptive value, it is fleeting and unless you understand it’s limited value it will seduce you into doing it again to get more of it. Like reaching a performance goal or obtaining something, once you have reached it, now what? You to have more, in order to feed that satisfaction feeling again. You reached your destination and now you have to be another the trip again. There is no end.You have to define another travel, bigger goals, more expensive things. With “being” you will enjoy your a continuous experience of delight, no matter how fast or slow you move towards your goals..

If you prefer the journey to the destination, then you into being. You are no longer bound to a specific outcome because the journey itself is your destination. This may seem passive but it is not. It is more active to be each moment, fully human , fully alive. Fully engaged in the people, and your experience of now. You are a delighted traveler, not a milestone grabber. Your journey is fulfilling regardless of the actual point in your trip.
Having Versus Being Language

The “to have” mindset is such a habit in our lives infecting even our language. We swap “to have” for “to be”. Like we want to have love, or make love rather than just be in love, be loving. We make what controls our happiness to be outside our lives, beyond our control so that we just have to have that thing. Instead of seizing the day, living now we make our own happiness elusive. Notice how often you say “have” when you really meant “be”.

Consider the “having versus being”difference in these areas:

Money versus Abundance.

So often we define our abundance by by figures, numbers  and empty concepts like money and positions of power. The more we have, the more our abundance? What a limiting mindset. With little or no money you can experience most of what life has to offer. Of course, money can make the journey easier. But money is only a small portion of the bigger picture of abundance.

To have friends / kids / a wife versus being blessed with friends, kids or a wife

You really don’t have those persons, nobody can possess another person, rather you are sharing a fantastic life long journey with them. Instead you attempt to treat them as your possessions. So you become frustrated when they don’t behave as “things”, when they are having a bad days or they won’t agree with you. So you treat them as possessions, believing that you have control over them. If you chose to view  them as blessings, and wonderful life companions on a moment by moment  journey, you will instantly have a new attitude. Instead of being frustrated by their lack of cooperation you’ll engage, share, converse towards common needs and desires. You won’t need to “drive” them, you can influence them to delight by sharing your delight in them and in the moment. You’ll measure your journey by attitudes and shared moments rather than by measuring the value of your possessions.

Being in abundance cannot be measured in numbers or money. Being in abundance means being internally resourceful, making your trip more enjoyable, not needing to spend more money just because you can. By striving for having more money you grow the  “to have” mindset instead of aligning yourself with an abundance mindset, and being resourceful. Remember that money is only a consequence of abundance, not the source of it.

Having versus Giving.

We think that a successful lifestyle comes from “having” a career. We hunt careers and prepare ourselves continually for better careers. But just “having” a career merely diminishes your desire and ability to contribute which is opposed to the “to have” mindset. Having a successful career makes us strive too much to hang onto it, service opportunities to share and add values to others. We fight to keep our seats on advisory boards, we strive to get the next promotion, to reach the next rung of the corporate ladder, before the guy in the next office door does. Without a career where you can genuinely provide value for others, you’re  stuck in the “to have” mindset. When being instead, you are no longer afraid of losing anything because you don’t have anything to lose. You have measured yourself by service rather than “power”. You’re now being instead of having.

Disease or Misalignment

We usually say “I have a disease”. No, it’s not true, you don’t have anything. You are actually in a  state of misalignment. By using the “to have” mindset you have empowered that misalignment to become more powerful than it is. Having a disease is a completely different thing than acknowledging your misalignment. Keep saying that you “have” a disease, you will make it a  part of you. Because you own it, you “have” it. Instead if you think of the disease as only a temporary  misalignment, you can then change your attitude, It’s only a temporary glitch along your journey. You’ll even turn bad into good in the moment. Diseases are just wrong paths on your journey, they are simply signals that you’re pursuing the wrong path. Just be willing to change course.

Pierre Basson

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Simply put, a brand is the “unique” experience evoked when people remember about an item or person.

For example, Coke is a brand not just because you recognize it as an icon for a familiar soda, but because you’re familiar with its commercials, logos, advertising,  colors, designs,  taste, and its sizzling sound.

Branding is the marketing process of achieving brand impression.

What is Personal Branding and Why It Is Important Now?

Branding is what helps people to connect with a distinctive characteristic that causes them to retain the experiences from their engagement with that brand. The goal of branding is to stimulate prospective customers to identify with that brand as their prime reference or “go to” to solve a specific problem they have.

Brands create audiences and evoke emotions. They motivate new behaviors and establish reputations. Ultimately it’s how a brand can differentiate itself and create a perception of value,  that really determines the brand equity – its real value.

Brands are everywhere. Look at the shoes you wear, the car you drive, the restaurant you eat at and the cell phone you prefer. You chose to go with that brand because you thought it demonstrated a clear and real value for you.

A brand can be a company, service, product, or person. Branding is about “standing out” from the crowded competition in their category and then about creating a “buzz” like the Apple-like buzz .

The Power of Personal Branding Today

In recent years the term “personal branding” has taken on a whole new meaning.

Just as in business or product branding, personal branding is the sum of all the experiences you create in other that are memorable. It is simply you and all you do. You are a distinctive brand that people will engage with, recognize and form opinions about. Your email address, your website url, and your social network user names for instance are all part of your brand today.

Having a strong personal brand can be key in putting your company’s name on the map. Think about celebrity endorsements: Oprah can instantly help sell your book for you, simply by her recommending it. Billionaire, Richard Branson made Virgin Group popular by connecting the fascinating story of his life and entrepreneurship to it. Powerful brand become credible leaders in their category.

How Can I Differentiate?

What is Personal Branding and Why It Is Important Now?

Personal brands connect your audiences to the perception of your fame and renown. They can create visibility, trust and loyalty for your audience. Brand experiences are subjective perceptions, but that’s OK – the goal is to earn votes from people around you, regardless of how much they know you personally, as long as they are comfortable with your brand.

As skills and knowledge become ubiquitous, the value of personal branding becomes more important now than ever –especially in a recession when the value expectation is for greater delivery for less.

Under pressure the top few brand duke it out, because only the top few will win the lion’s share of the market choice.  It’s simple: if you are a powerful brand, you get more leverage. More leverage means more business opportunities. More opportunities to generate more wealth, a greater likelihood of winning  jobs where you couldn’t before, more  opportunities to network and meet other movers and shakers in your category.

How do you become a powerful personal brand?

You must start now if you haven’t already. Here are seven tips to help you differentiate your brand:

1. Network, network, network – remember  it’s who knows you…not who you know that counts
2. Become an expert at something that has high value and stay focused on that “one thing”
3. Help others to succeed. Leave your mark by becoming best at what you do
4. Treat it like a business. Focus on pragmatic outcomes and customer feedback
5. Have a vision, a mentor, be a leader, an entrepreneur
6. Market yourself. Build a platform for your audiences to see you often
7. Never stop educating yourself to establish your slight edge that will put you over

There is no magic bullet to success in personal branding. It’s a combination of all the above. You must be in charge of your personal brand. You just have to start building  your brand equity in everything you do. Here is your opportunity to emerge as a brand that people look up to want a piece of!

Simply put, your personal branding plan is your growth strategy, to create deep lasting value that is wrapped up in a powerful brand: “YOU.”

Why not share your personal branding strategies, share what worked and what didn’t? What marketing tools do you use to establish, differentiate and enrich your brand?

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Have you ever heard of an elevator pitch? That’s when someone casually asks, “What kind of work do you do?” and you give them a brief answer in roughly the time span of an elevator ride.

The people who hear your elevator pitch could be potential business partners or clients, or they could be strangers you meet at a party or on the street. Even when it seems like no serious business relationship is likely to develop, there are lots of people out there that can help advance your career indirectly. For example, they might personally know someone who’s looking for the service you provide, so your elevator pitch could lead to a referral or two.

Unfortunately most people totally flub their elevator pitch, so they’ll typically receive a reply like, “Oh, that sounds interesting.” At best the other person may ask a few follow-up questions, but deep down they don’t really care about your answers. They’re just making polite conversation. They’ll probably never do business with you, and they won’t refer you any new clients or customers.

The Challenge of Crafting a Good Elevator Pitch

I’ve struggled with crafting a good elevator pitch because I do a lot of different things. For starters I’m a blogger, an author, a speaker, and an entrepreneur. But I don’t identify with any of those exclusively.

Often when someone asks me what I do for a living, I’ll say, “Well, it’s a bit complicated because I do a lot of different things.” Then I’ll mention some of the things I do. Typically the other person will give me a strange look while they process this overload of information, and then they’ll say something, “Ok, so you’re a writer?” And then I’ll have to explain some more.

Sometimes I’ll say, “I run a popular personal development website.” That’s usually a good conversation starter, but all too often it backfires — it leads some people (usually people who aren’t very web-savvy) to think of me as a web consultant. A week later I’ll get a call asking if I can help them solve an issue they’re having with their small business website. I definitely don’t want people thinking that I’m their go-to guy for tech support. I have no interest in that whatsoever.

I’ve had great success in delivering elevator pitches that stimulate conversation, but not the right kind. Too often my response leads to a dull conversation about blogging, writing, building websites, or professional speaking. Sometimes those discussions are interesting, but they rarely help me grow my business or attract new readers.

Ironically, I tend to have more stimulating discussions when I talk about the food I eat instead of the work I do. At least then we can get into a discussion about diet and health, and I can offer some value by talking about my raw food diet experiences, juice feasting, polyphasic sleep, etc. This leads to referrals that are actually relevant — such as people who desire to experience greater health and vitality. It’s also led to a few business deals with people who work in the health field. Those deals didn’t make a ton of money, but they did create some new passive income streams.

Attracting Referrals

On the other hand, people that actually understand the work I do are constantly referring high quality leads to me. The main reason my website exploded with traffic is because of so many personal referrals. People told their friends, family, and co-workers about the work I was doing, and those new visitors became long term readers and soon started referring others as well.

To date I’ve never spent a dime on advertising or promotion. My business has grown mainly by word of mouth. Lots of people have been referred here by their friends and family via face-to-face conversations, phone calls, or emails.

The interesting thing about these organic referrals is that they also involve simple elevator pitches, but the pitches are given by someone other than me. More often than not, people refer others to specific articles, not to my home page or main blog page. So they’re pitching specific content, not the overall website. However, when people come and read one article, they often like it so much that they continue to read more and eventually become long-term subscribers.

This gave me a clue as to how to craft a better elevator pitch, but it didn’t bring me all the way there. My individual articles tend to focus on specific, narrow topics. But I write about so many different things that I can’t turn my general elevator pitch into a pitch for a single article. Close… but no cigar.
15 Second Marketing

Eventually I figured out how to resolve these problems, but I didn’t figure it out on my own, so I have to give credit where credit is due. I found the answer I was looking for in an information product called Insider Secrets to 15 Second Marketing by Charlie Cook. In fact, I found it so helpful that I decided to formally recommend it here on my site, so I recently joined Charlie’s affiliate program. Charlie really gave me a critical mindset shift — one of those gorgeous a-ha moments – so I give this product a big thumbs up.

20 Second Marketing is both a book and an audio program — the content of both is the same. It covers how to write your own marketing message and how to use it to effectively attract more business and make more money. Your marketing message is even shorter than an elevator pitch. It’s basically a single sentence — something you can say in 20 seconds or less.

When I saw how long the book was, I wondered how anyone could create a whole book about something that seemed so basic. But Charlie does a great job of explaining why an effective marketing message is crucial to your career or business. I could certainly relate to what he was saying because of my own challenges in this area. At one time or another, I made all the classic mistakes in the “what not to do” section.

The concept of a marketing message is general enough that you can also use it to develop your career, build new contacts, and even to attract new romantic partners. So you don’t have to run a business to benefit from it.

The basic idea is that when someone asks what you do for a living, you want to offer a response that stimulates the right kind of discussion. So if you’d like to grow your business, you need a marketing message that serves as a good lead-in to a discussion that will help you generate new leads and attract more clients. This is not as easy as it sounds.

Your marketing message isn’t just something you say to people. It’s also something you can use on your website, in your newsletter, on your business cards, in your email signature, etc.

When someone asks what you do for a living, imagine they’re really asking, “What are you here to contribute, and why should I care?”

The mistake I made was that I used labels to describe my work (author, blogger, etc), but I didn’t convey the real value I delivered to people. If you tell people you’re a blogger, consultant, real estate agent, or salesperson, most people simply won’t care. Your answer doesn’t do anything for them. There are millions of people doing all of these things, and you’re just another professional with a boring job title. You may still get some business this way, but you could be doing much, much better if you had a more effective marketing message. This is especially true during a recession.
Your Marketing Message

20 Second Marketing provides a 7-step process to craft a strong marketing message as well as a checklist of characteristics your message should have. I can’t summarize the whole book in a single blog post, but I can share the big picture ideas with you.

The overall solution is that instead of describing what you do or telling people your credentials, you should instead share the actual value you provide. What value do you deliver to people? Why do people pay you? Why should I care?

What I really like about Charlie’s program is that it connects the dots between your elevator pitch and your life purpose. Your marketing message is NOT a sales pitch. It’s simply a statement of the value you can offer people. I like to think of it as a statement of your life purpose filtered through your career.

If you tell people that you’re an independent consultant, a realty agent , or a website developer, your answer offers no value. It’s boring. You just drained all the life out of the conversation.

But if you offer an answer that states the value you can offer to people, now you’ve opened the door to an interesting conversation. You don’t have to do any selling because the right type of conversation will naturally get people interested in your service. This can lead to direct business as well as referrals. It can also lead to new relationships.
Crafting Your Marketing Message

Crafting an effective marketing message is tricky. There are a lot of aspects to consider. If you really want to do a thorough job of this, I highly recommend you go through the 15 Second Marketing program step-by-step. It packs in a lot more advice than I can cover in a blog post. But I can give you some tips to get you thinking in the right direction.

My advice is to think about what kind of conversation you’d like to stimulate. Tossing out labels to describe your work is usually a dead end. Instead, think about what kind of value you can provide to people.

As I tried to craft my own marketing message, I brainstormed a lot of variations and eventually settled on this one:

I teach people who are living below their potential how to feel energized and motivated, how to earn lots of money doing what they love, and how to make a real contribution to humanity, so they can finally enjoy the life that deep down they know they were meant to live.

At first I thought that was pretty good. It focuses on some specific benefits, and it has the potential to stimulate the right kind of conversation — where we can discuss the actual value I provide instead of the mediums I use.

A few days later, I had a phone call with Charlie Cook — I like to talk to people one-on-one before I commit to recommending their products — and during our conversation, I shared my marketing message with him. He said it was a good start but that it was too long. He suggested I make it much shorter, on the order of 10-12 words. He said that the goal isn’t to provide a bullet list — that can come later.

Perhaps I should have asked him this before I pasted this marketing message on my home page, Facebook page, Twitter page, etc.

What he said made sense to me, so I came up with some shorter variations, but I quickly realized that I’ll never perfect my marketing message sitting at my desk. I have to test these in the field to see how well they work.

For example, I might test some variations like these:

I help people grow.

I help people live more consciously.

I help people overcome their fears.

… and so on.

The key is that good marketing messages go beyond labels. As soon as someone labels you as falling into a particular career bucket, it gives them the opportunity to dismiss you. They tune out and stop listening to what you have to say. But if you present them with something that defies immediate labeling, you make people curious. You present an enigma they have to solve. You open the door to an interesting conversation.

You can also use different marketing messages depending on the circumstances. For example, I might find occasion to say any of the following when someone asks what I do for a living:

I help people quit their jobs so they can fulfill their life’s purpose.

I help people break bad habits and overcome addictions.

I help people take more risks and live more courageously.

I can imagine many situations where these sorts of replies would make people curious and stimulate interesting discussions.

Are you beginning to see the big picture here?

Using Your Marketing Message to Grow Your Business

A good marketing message doesn’t just stimulate fun conversations. It serves a powerful business purpose too. A good marketing message helps people remember who you are because it gives them a reason to care. When people remember you, they’re more likely to do business with you at some point, and they’re more likely to send you referrals. If people don’t remember you, it’s game over.

When I worked in the computer gaming industry, I learned an important lesson. I discovered that the more time people spent playing a particular game, the more referral sales they generated for that game. The longer people play a game, the more they talk about it. More game play time means more viral marketing. This is one reason the massively multi player online games can generate so many referral sales. When someone spends years playing World of Warcraft, it becomes a safe bet they’ve told everyone they know about the game, and they probably helped Blizzard gain new customers. Heck, I’ve never even played the game, and here I am mentioning it as an example. Now contrast that with a single-player game you can finish in a weekend, and a year later you don’t even remember playing it.

Your marketing message serves a similar purpose. The message itself may not be very memorable, but it can lead to a stimulating conversation that is memorable. If you remember the conversation, you’ll remember the person, and that gives you more chances to engage in business with that person or to send referrals to that person. But if your initial marketing message falls flat, that entire chain of referrals suffers an early abortion.

Do you remember all the times someone offered up a common response like, “I’m a mechanic”? It doesn’t mean anything, so whatever conversation that ensues about fixing cars will likely be forgotten. Your mind won’t retain the details because the conversation fits a pattern you’ve seen many times before, so it just reinforces the general pattern you’ve already stored, and the specifics are lost. We’re far more likely to remember events that violate our expectations because such events trigger our minds to store new patterns.

Now imagine asking someone at a party what she does for a living, and she says to you, “I make people look stunning before special events.” That statement by itself may not be that memorable, but it has a good chance of stimulating an interesting and memorable conversation. This hairdresser is more likely to stand out. If you remember her a little longer, you have more opportunities to utilize her services and more opportunities to refer new clients to her. Pretty soon she’ll be earning double or triple what equally competent hairdressers earn.

Think about the websites and blogs you frequent. Which ones do you remember best? Do they invite immediate generic labeling (like, “oh, not another productivity site”), or do they stand out from the crowd in some way? Being harder to label can be a good thing if it makes you more memorable.

Boosting Your Income

If you’re self-employed and provide some type of service for clients, you can increase your income by attracting more clients. But you can also leverage a good marketing message to increase demand for your services. This means you attract so much business that you have to raise your rates. Then you can earn more money even as you work fewer hours.

Again, the marketing message itself may not be super-memorable. But the idea is that it can stimulate an interesting conversation about the work you do, such that the other person really cares to hear what you have to say.

Think of your marketing message as your conversational opening move. If you use a bad opener, you can stunt the whole conversation. A good opener is no guarantee of success, but it can surely boost your long-term performance.

A good marketing message isn’t all-or-nothing. There’s a whole spectrum from terrible to mediocre to incredible. If your current message isn’t working for you, try something else. Keep tweaking it until you’re able to generate good conversations and create a steady flow of leads and referrals.

You can also use your marketing message on your website, your Facebook page, your email signature, and so on. Even when you aren’t physically present, your marketing message serves as an invitation for people to learn more about you.
Providing Genuine Value

I find Charlie Cook’s advice very refreshing because he offers a way of thinking about marketing that is honest, authentic, and non-manipulative. You’re never trying to sell people something they don’t need. You’re never trying to get people to buy from you. Instead, you’re inviting a discussion about the real work you do and how you can help people. You’re opening conversations at the level of life purpose. This is an awesome way to generate leads for your business and build contacts for your career because it works so organically. The approach meets with zero resistance because it fits our natural conversation patterns.

When your marketing message doesn’t convey any real value, that’s when you have to struggle to sell yourself. That’s when you end up throwing money away on ineffective advertising and promotion. That’s a downhill battle because you’re trying to make people care, and you’re going to meet with resistance because people don’t like being sold.

Once you get into tweaking your marketing message, I think you’ll find that it’s actually a lot of fun to field-test it. The next time someone asks what you do for a living, try out different marketing messages to see what kinds of conversations they stimulate. Do you feel like the conversation is stunted, or did you just open the door to a wonderful discussion about a subject you’re passionate about? Passion makes you stand out. Passion makes you more memorable. It makes people want to work with you. It encourages people to refer others to you. And passion flows naturally when your marketing message is aligned with your life purpose… when you come from a place of abundance instead of scarcity.

In this article I’ve only scratched the surface of how to craft an effective marketing message. If you find value in this topic, I encourage you to get a copy of Charlie Cook’s Insider Secrets to 20 Second Marketing. It’s very inexpensive relative to the value it provides, especially since it can pay for itself many times over by helping you boost your income. It comes with a 90-day money back guarantee, so there’s no risk to try it. I think you’ll get a lot of value from it whether you’re self-employed or not.

Steve Pavlina

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In Jim Collin’s classic business book “Good to Great”, dozens of companies are analyzed to discover the characteristics and habits of great companies. One of his key discoveries is “The Hedgehog Concept” : simplifying a complex world into a single unifying idea that underlies and guides everything. He illustrates the idea with the story of the fox and the hedgehog. The fox is cunning, creative, sleek and able to devise complex strategies in pursuit of the hedgehog. The hedgehog, on the other hand, simply defends himself from the repeated attacks by rolling himself into an impenetrable prickly ball. The hedgehog always wins.

In his acclaimed book, Good to Great, Jim Collins uses the behavior of the hedgehog as a metaphor explaining the success of today’s great companies. His book is a treatise on the common characteristics of 11 public companies that went from a period of providing investors with mediocre total returns, m companies providing the very best returns, exceeding those of other companies by an average of 700 percent or more over an extended period. These are, in his view, the truly great American companies.

Any actions that take away energy from the core concept need to be pruned. Defining your hedgehog concept is not easy and can’t always be accomplished overnight. However, it is a worthy exercise. Once your underlying concept is defined, all of your marketing efforts should be viewed through the prism of this concept. If the event, promotion, advertisement or sponsorship does not feed the vine, then it needs to be eliminated. Your marketing efforts will be rewarded when your budgets and energies are unified toward a common goal.

The problem most businesses face is that no-one has properly identified the underlying causes of why they are struggling, they just know they are struggling and they don’t know why? Develop the ability to immediately identify the underlying causes of your business pains and struggles.

Using this Business Assessment Tool that I show case at speaking engagements and business conferences, to gain access to a strategic assessment of your business that will enable you to measure what’s working and what’s not in each of your 7 critical business profit centers.

Inside of this system that you are going to get access to, I will show why the conventional business models will never be able to help you overcome your limitations.

I am also going to show you how to integrate these 7 critical areas to hit your business sweet spot every time. I am going to share how to get yourself into your “peak performance” zone, to access your hidden strengths and give you a huge edge over your competition.

With this single focus you will achieve 10x more, with 10x less effort. You will enjoy every minute you’re in your business and experience the personal success you’re always wanted but never been able to achieve before.

Access this stealth process that allowed a lowly engineer to turn his expertise into a marketing goldmine of profits in less than 30 minutes per day. Using this simple yet effective monetizing formula you can conquer any market category, and make your competitors wonder how you did it so quickly.

Charles Shadee, Atlanta GA had this to say about this ….
“This system is magnificent. We moved from fuzzy thinking
and shotgun ad spend, to laser precision marketing and cut our
ad spend by 90%. The quality of our clients has jumped,
and we no longer have to fight them to keep them coming back,
now they almost beg us to sign up again and again.
Highly, Highly Recommended”

Pierre Basson – Business Mentor Extraordinaire

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Finding life purpose has several aspects. Firstly, knowing what is important to you, secondly knowing the contexts in which you want to express your purpose, and thirdly having a sense of direction to guide you. These ingredients are wrapped up in a clear concise personal mission statement. This captures a vision that inspires and guides you to the most fulfilling business career you can have.

So let’s start in the beginning shall we…

What is the point of finding life purpose?

It is nothing short of an answer to the age old question, ‘what is the meaning of life’. It may not be the answer but it is an answer!

It is our personal answer to this poignant question, that informs our desire to do something that really matters with our life. Remember though that your mission is a journey not a goal. It is not something that you can and must achieve so much as something that you are, and something that you can be experiencing every moment of your life.

Who do you want to Be?

Some of us only experience this clarity for brief moments in our lives. In athletics or music or art or drama it has been described as being in flow, being in the moment or being in the zone. It’s hitting the sweet spot, that place of seemingly effortless peak performance. It’s that sensation of being completely aware of and connected to everything around you. It feels almost timeless or seeing life in slow motion.

Finding your life purpose for business has both an inner and an outer component. Looking inward you discover and incubate value. The external things you do and have are the specific context in which you choose to live out your inner purpose. This context is your outer purpose, this is where by looking outside yourself you discover powerful perspective on yourself and all around you.

Your values and principles are your essence, and together with your passions define what it means to be you. Becoming aware of your own true core values is critical when it comes to finding and living out your mission. Your values are define what is most important, and hence most meaningful to you. From this meaning you can draw inspiration, significance and motivation for daily life.

What do you want to Achieve?

Your vision for your life will determine what you consciously do to live out your values. It is possible to live out your set of values in many different vocations. The prison guard, the artist and the engineer can all do ‘love’. However, if your passions and talents lie in being a artist then you will not be fulfilled by doing an engineering career.

I like what Nick Williams says,
“Our true purpose and vocation lies where we find the intersection of our gifts and talents and the needs of the world and our fellow beings”

It is likely that you are already using some of your talents and gifts. Stop and survey yourself to find where you are currently most talented and most passionate. Think and write down all the ways you can think of to express these in ways that touch the needs of the world. Wherever you meet a need you can earn a reward, financial or otherwise.

* What are you really talented at?
* What comes to you easily? Skills? Understandings? Knowledge?
* What are you most passionate about?
* People come to you for what? Advice? Care? Motivation? Action? Perspective?
* Would you still want to do what you are doing, if you had to do it for free?
* In what ways can you contribute the most? Money? Service? Leadership?

Trying to follow your life purpose in an unsuitable business career will leave you frustrated, and drained of energy. To take back you life, you will need to identify the contexts favorable to living out your life purpose.

What do you want to Have?

The next vital ingredient in your life purpose is about setting direction.

Maxwell Maltz said of goal directed living … “A bicycle maintains its poise and equilibrium only as long as it is going forward towards something. In the same way, we are engineered as goal-seeking mechanism. We find no real satisfaction or happiness in life without big obstacles to conquer and meaningful goals to achieve.”

Career objectives are targets to move towards, they provide a sense of direction. These are about the stuff you want to have. An important boundary element of goal setting is to ensure that you define the conditions under which the goal is to be achieved. Which values you are pursuing and which values you will not violate en route, and what you are willing to sacrifice to get there.

You may want to start or lead a big corporation but you may not like the impact on your home-life. Finding life purpose needs a big picture focus. When your values and talents are aligned the resulting life goals will both inspire and fulfill you.

Creative visualization is a helpful method for designing your career. This way you can “try on” your goals and “see” how well they fit, before you commit to them. If after a while they lose their appeal, they were probably not truly aligned with your values and abilities.

Setting the right goals and then facilitating their achievement will give you a clear sense of direction. As each goal is reached, keep setting new ones, using to the same criteria. Your Life Purpose momentum will grow and your mission will become more and more believable and achievable.

Unifying Your Life Purpose

People interact with their lives on three levels. 1) What they are, 2) what they do, and 3) what they have. We all are “being, doing and having” all the time. Their is no one that supersedes the other, we must be all three at once.

Finding your life purpose is a continuous process of optimizing and harmonizing these three areas. The development of this is more a step by step evolution rather than a nice curve. Keep growing in self-knowledge on each level, continually refining your mission statement.

Don’t miss this important final step. The doing process of taking your vision and committing it to paper is incredibly powerful. It produces clarity, narrows your focus and energizes your commitment to achieve a fulfilling career. Discover more about finding life purpose . It is fundamental to the pursuing a rewarding career in any business.

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