1 Secret of the Watermelon
Transcription
1 Secret of the Watermelon
Secret of the Watermelon Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 1 Secret of the Watermelon from the desk of Jon Goldman Dear Reader, You are about to embark on one of the greatest journeys as you turn the pages of my new manifesto. But first, I want to personally thank you for signing up to receive my e-letter. It really is a labor of love. From working with business owners numbering in the thousands (I stopped counting years ago!) and from my own experience as owner of one of the country’s largest promotion agencies and from some other twists and turns along the way, I share with you what’s working and what’s not every week in my e-letter. It’s sometimes fun, sometimes controversial and quite often very informative. I even go back to the archives for guidance! And if you ever have ideas or comments, just send me an email because I’d love to hear what you have to say. Now, you’re probably wondering about this strangely-titled book I sent you. I admit it’s quite unusual, but after I explain it to you, it’ll all make sense as you discover the Secret of the Watermelon. Don’t let the title fool you. This is truly the most powerful business secret ever told. Imagine if you were to study all of the great thinkers from history and you discovered that there is one central truth to all of them – and it’s been proven successful over and over in every type of business – wouldn’t you get excited about that? Well, that’s exactly what happened to me. But it just didn’t happen either. It was a slow pain-staking process that finally came together just recently. And when it did, even I was blown away! Why am I giving it away if it’s so valuable? Because I’ve dedicated my life to helping others actualize their greatest potential and I see this book as just one more way to do that. So read it with a pen and highlighter in hand and get ready to take action. The pages in the book show how many others have already used the Secret of the Watermelon, but I’d love to hear your story too. Send me an email at [email protected] and let me know how the world’s greatest business secret is helping you. For more business and marketing guidance, be sure to check out my website at www.YourBusinessGPS.com All the best, Jon Goldman Business GPS Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 2 Secret of the Watermelon Chapter 1: The Secret of the Watermelon Revealed What does a watermelon have to do with turning around and growing your business? Plenty! As you’ll see in a moment, inside every watermelon is a secret so profound and so counter-intuitive that you’ll never run your business the same way again. The Secret of the Watermelon will have a far reaching effect on your life and your business. It will make you more money and give you the balance between work and family you’ve always dreamed! In fact, you’ll work less than you ever have. The Secret of the Watermelon will have a far reaching effect on your life and your business. It will make you more money and give you the balance between work and living you’ve always dreamed! Don’t take my word for it. See what others have had to say about their amazing results after using The Secret of the Watermelon in their businesses: “It’s made an immediate impact on the business. Our sales were up 65% last month.” John Tarr, State Financial Services, Phoenix, Arizona “We helped people invest billions of dollars in real estate. I was very skeptical at first of the process … the movement that took place in our company has been astounding. I put our company on a totally different level.” Adiel Gorel, CEO, International Capital Group, Los Angeles Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 3 Secret of the Watermelon The same secret that I’m about to reveal to you also increased sales 65% for Michael Gray at All-American Check Cashing in Canton, Mississippi … Realtor Eric Ondrick calls it the best investment he’s made in years … and it helped boost revenues 60% for Dr. Alvin Schamroth who has an office in Baltimore but runs his business from overseas. It’s what made Paul Johnston the unlikely hero of shed owners all over northern California. Most shed manufacturers sell a shed based on its utilitarian purpose. Not Johnston’s Shed Shop. He has a passion for marketing sheds to solve the challenges his customers are facing such as what to do when they run out of space for their tools in the garage. Or their pottery is taking over the living room. Or they may need a room of their own to teach trumpet lessons. He’s even credited with saving a few marriages with his sheds! The Shed Shop used the Secret of the Watermelon to become one of the most successful shed distributors in the U.S. He tells all about it in a fabulous book of letters from customers called “83 Ways a Shed has Changed People’s Lives”. Can you imagine 83 different ways a shed can change someone’s life? I’ll tell you more about his incredible story in a few minutes. Johnston understands the Secret of the Watermelon. … And I’m about to reveal it to you FREE in this report! A breakthrough 20 years in the making But first, I think it’s important for you to understand how the secret came about. My breakthrough discovery began more than 20 years ago when I won Harvard University’s Achievement Award Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 4 Secret of the Watermelon for creating the world’s largest student-run advertising and PR agency. You see, I was raised in a family of advertisers and marketers so that business is near and dear to me. Some people were brought up to be doctors and lawyers. I was somehow brought up to be in advertising and marketing. I made a name for myself with some crazy ideas running the ad agency. To help advertise the college bookstore’s book buy-back program, I brought in several junker cars that students could hit with a sledge hammer after they had sold their books back to the bookstore following a grueling week of final exams. Some professors hated it. The students loved it! And the national media ate it up. In fact, it was the most successful book buy-back program the bookstore ever had. When the last car was smashed, I graduated from college and set out to work in Atlanta. I received lots of offers to work at ad agencies, but turned them all down. I decided to travel the world instead. I said to myself, “The corporate world will still be waiting for me when I get back.” (And guess what? It was.) From sleeping out of my tent in Europe to living with “blindness” on top of a mountain in Spain What an experience I had! Three friends and I agreed to meet at the Acropolis and go to Tanzania to buy a Land Rover, then drive along the Nile and Sudan and drink blood with Zulus. But instead I choose the “Eastern path” and bought a one-way ticket going east around the world. From there I went on to tour Europe. I had a crazy rule – if I didn’t get invited in by locals I would sleep outside in my This is one of the lava tent. I woke up in some scary places beaches in Greece where I such as on a divider in the middle of narrowly escaped with my life. a highway in Brussels, a lava beach in Greece where a man wanted to stab me with his pitchfork because I was sleeping in his fishing spot and I narrowly escaped getting my head crushed by a stampede of horses one early morning at the base of a mountain while still in my sleeping bag. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 5 Secret of the Watermelon I worked at a grocery store in Spain … taught marketing at the university in Barcelona … lived on the island of Stromboli with seismologists who were studying the island’s volcanic activity … managed teams of orange pickers in Greece … Here is the island of Stromboli where I played Ultimate Frisbee lived for a time amid one of Europe’s for one of the Dutch most active volcanoes. national teams and managed a health and personal development center in Spain where I heard about a Buddhist monastery. Although I was very successful running one of the largest ad agencies in the world, I was frustrated. I learned that there was much more to fixing a business than simply creating better marketing. My real passion was helping businesses to turnaround and grow. So I borrowed a motorcycle and made my way up the mountains to the monastery, called O Sel Ling. While there, I helped them build a summer camp and learned to meditate. I changed my name to Tenpe Chopill and became a devout Buddist under Lama Zopa. I continued on my journey through Spain and fasted for a week … lived with a friend in a cave for a week. Next, we climbed a remote mountain at the top of a waterfall where we went on a speech fast for a week and blind folded myself for several days to experience what it would be like to be blind. I learned how to “Alpine” ski on the hard morning snow … practiced Tai Chai at sunrise … and sailed a falukha up the Nile to an island in Egypt that was ruled by a 400-pound primitive man who looked at me and ordered, “white boy eat salt fish” and I proceeded to some type of disgusting sardine. After returning to the states, I traveled back to Israel where I spent several years and studied Christianity, Islam and Judaism. Ultimately, I met my wife to be there while I was working and teaching (even though she was originally from Philadelphia). We returned to America and the corporate world hadn’t changed, but I had. I didn’t know it then, but the secret of the watermelon was beginning to take shape. There was still more to learn. I went to work in advertising and promotions and eventually sold my share as co-owner of one of the largest promotion companies in the country. At the time, the company was #26 out of 24,000. I saw a lot of businesses come Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 6 Secret of the Watermelon and go during that time and I got a front-row seat as I saw what was working and what was not. Although the business was very profitable and we were enjoying great success, I was frustrated. At the agency, the solution to every problem is restricted advertising and promotion. That was the nature of the business. But as I had grown, I saw that advertising wasn’t always the solution to a business owner’s problems. My adventures overseas had forced me to look beyond what was needed at the moment. I saw there was much more to it. I sold out of that business so I could create Brand Launcher and Business GPS to offer business owners a total transformation of their business using the secrets I’ve learned. Since then, I’ve worked with thousands of business owners helping them increase sales, add more prospects and achieve a balance between work and family. The most valuable secret revealed … And the most valuable secret I learned is what I call the Secret of the Watermelon. Let me explain. With most fruit you can simply bite into it and work your way towards the center, like an apple. Not a watermelon. To eat a watermelon, you first have to cut it open and actually eat it from the inside-out. To effectively turn around a business, you must begin from the inside – just like you would eat a watermelon. You see, at the center of every business should be the leader – you! ______________________________________________________ The Secret of the Watermelon revealed … Just like you eat a watermelon from the inside-out, you too should turnaround and your grow you business from the inside-out. At the core, is you and your business’ competency. That is where you begin to build. Then work your way out to build the systems and teams that will support you. - Jon Goldman, “The Watermelon Guy” ______________________________________________________________ Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 7 Secret of the Watermelon Your business begins with you as the business owner. Everything else in the business revolves around you. Your marketing, your sales force and your teams and systems that will give you the freedom to leverage your talents are all designed to support you as the owner. Using the Secret of the Watermelon you can finally work on your business – not in it. That’s the Secret of the Watermelon. To grow your business you must first start on the inside – you. Then work your way out to build the systems and teams that will support you. Imagine, if you will, an archery target. In the middle of that circle is you and your core competency – the one thing you do better and more easily than most other people and gives you joy. This is the sweet spot where you make the most money and where you’re the most happy. I’ll talk more about this in a moment. Surrounding the center circle is another circle. This illustrates your marketing architecture, what I call your “market-tecture”. It’s the sales engine that drives everything. The Secret of the Watermelon The most important element of your marketing is what I call your “Big Zig”. Remember I was telling you about how we smashed cars in college to promote the book buy-back program? That’s a Big Zig! While everyone else zags in the market, you want to do something so different and with such bravado that everyone will have to stand up notice. So while others zag, you zig. The outermost circle is your business system, which is there to support you and the business. I call them Freedom Teams and Freedom Systems because they give you the freedom to concentrate on the things that leverage your core competency and bring the greatest value to the organization. And just like you eat a watermelon one bite at a time, you build your Freedom Systems Picture an archery target and you’re in the middle. Everything else – your marketing and sales teams, your staff and your systems – all revolve around you. The secret is that the business begins with you and everything supports you. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 8 Secret of the Watermelon and Freedom Teams one step at a time. This way, you can work on the business, not in it. Using the Secret of the Watermelon you change your business from a liability to an asset. Most businesses are a liability. To make money, you have to work in the business. That’s called a glorified J-O-B! And if you’re not working and you’re on vacation or playing golf, Using the Secret of the most likely you’re making Watermelon you can turn little or no money at work. your business from a As long as your business isn’t paying you, it’s a liability into an asset in liability. just 3 steps. Instead, think of your business in terms of owning stock or a rental property. If you don’t do anything with your stock will it still pay you? Yes. As long as it’s increasing in value, you get paid and don’t have to do anything. Your rental property also pays you every month. It’s an asset because you get paid even if you’re not actively involved in it. Step 1: Start building or rebuilding it from the inside-out so that it leverages your core competency. Step 2: Develop a Big Zig in your marketing so it reflects your core competency. Wouldn’t you like your Step 3: Create teams and business to be an asset like systems around you so the that? You can. It starts from the inside-out. Do what you business works for you. love, by discovering your core competency. Develop a Big Zig in your marketing that reflects your core competency. Then create teams and systems around you so the business works for you. The Secret of the Watermelon is truly a breakthrough and counter-intuitive to how most business owners think. Most think they have to first determine the needs of the customer or find a market before they can begin. But that won’t do you any good if you’re not able to leverage your God-given talents and skills. That’s what I discovered running the agency. Although Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 9 Secret of the Watermelon it was one of the largest in the country and it was very successful, after a while I wasn’t happy. I was only using a small portion of my talents and skills. My real passion is helping other business owners get unstuck and transform their businesses and their lives. The marketing and advertising I had learned was only a piece of that transformation entrepreneurs need to succeed. How I got the name “The Watermelon Guy” Don’t get me wrong, I love marketing and advertising! It’s how many people came to know me as the “watermelon guy”. I had made a name for myself mailing lumpy packages – promotions that included give-aways, baseballs, fake dynamite tubes, mini trash cans, etc. to get prospects’ attention. What better way to get someone’s attention than to mail a watermelon?! I saw it as the ultimate test. Every time, we mailed something we tried doing something more radical than the last time. And no one had ever mailed a watermelon! A watermelon will certainly get you noticed. But using the Secret of the Watermelon will change your life. Copyright 2008 So I mailed watermelons with letters attached to them to Mailing watermelons to prospects, which marketing executives at had never been done before, quickly large companies. We earned me the title, “The Watermelon pitched our promotional Guy”. The post office used other names. services offering them Tshirt printing, Frisbees with their logos on them, water bottles, etc. that we could create for them for their next company picnic. We got the highest response rate ever at just under 100% and sold tons of promotional products as a result. The experiment made a big point about how effective creative packages like that can be – and now everyone knows me as the guy who mailed a watermelon and they call me the “watermelon guy!” The mailman uses other names. Whatever you do, do it big! www.YourBusinessGPS.com A Jon Goldman Solution 10 Secret of the Watermelon Mailing a watermelon was a Big Zig. I didn’t send a professional flat letter. I sent a BIG MAMA – a real watermelon with stamp on it. That’s big thinking that gets big results! Most will love your big idea. Some will disapprove. But everyone will say, “wow”! A watermelon will certainly get you noticed. But using the Secret of the Watermelon will change your life. Now that you know the secret the next step – and the most important – is to put that secret to work for you. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 11 Secret of the Watermelon Chapter 2: It’s all about you Remember, the Secret of the Watermelon is that the turnaround begins with you. So we have to start with helping you get yourself unstuck. The way we do that is by first discovering your core competency. It’s part of your DNA. These are the gifts you’ve been blessed with and do better than most other people. What’s your core competency? Each of us are blessed with unique gifts that give us our unique skills and talents which enable us to do things better than most other people. These traits and skills make up our core competency. There are four requirements for something to be a core competency. It must be something you can do: Nearly perfect every time. Consistently. Passionately, so much so that it launches you out of bed in the morning. And you get paid well to do it because you’re providing value. The first element of a core competency is often the most overlooked. There are plenty of things you may enjoy and may do Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 12 Secret of the Watermelon There are plenty of things you may enjoy and may do well, but for a talent or skill to be considered a core competency it must be one that you do with near-perfect performance. well, but for a talent or skill to be considered a core competency it must be one that you do with near-perfect performance. Someone like Tiger Woods, for instance is a great example. Tiger Woods is an awesome golfer and he does it nearly perfect every time. When he is playing his game, he is so on. Even though thousands of people are watching his every move from the gallery and there’s millions of dollars riding on a putt, he doesn’t pay attention to any of that. And he’s the best in the world at it. He also does it on a consistent basis. It’s one thing if you go out golfing and get an eagle on the first hole. That doesn’t necessarily mean that you can do it on a regular basis. So, what makes him great is that he can do it on a consistent basis and with near-perfect performance. And for someone who works as hard as he does at his game, he expresses his passion for what he does and gets paid very, very well to do it. Obviously, golf is his core competency. But not everyone can be like Tiger Woods and there are many more examples of people who work in their core competency that you’ve probably never heard of before. My friend Dave, for example, is a speaker who is one of the best in the business. He can consistently close anywhere from 15% to 35% of the room selling a $6,000 product. And he does it with near perfect performance. Here’s the problem Dave found himself in; he wasn’t able to leverage. In other words, if he wasn’t speaking and selling, he wasn’t making any money. Personally, I’m a leverage-aholic. I work with all of our clients to develop processes so they can continue to do the things they do best with the least amount of effort. But before I go any further … Pssst! Here’s another secret: Simplify ,codify and multiply The key is to leverage your talents and skills is follow my three step process: simplify, codify and multiply. Let me explain. Simplify it so others can do it too. Codify it by putting the process in a manual, on video or in some other format that others can refer to later. And multiply it. Distribute your ideas for others to use. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 13 Secret of the Watermelon Let me use my friend Dave as an example. He simplified what he was doing, because he did it over and over and over again. And then he codified it. He put it down on paper, and then he multiplied it. Since then, he’s hired several people who can give him leverage, and give the same presentations he used to give. Their closing ratios may not be as high as his, but they’re still very good and the business is still very profitable. This is important. Because when business owners get stuck, I often hear them say, “Well, no one does it as well as I do.” That may be true, but that’s okay. It’s okay if other people express your ideas a little bit differently because you are leveraging and getting freedom. One client who I worked with whose name is also David, is a real estate investor. After working with him, we determined that the one thing he does better than anybody else is analyzing a deal. He just loves the art of the deal. The one thing that he can do really, really well is analyze properties quickly and accurately. He can know, just by looking at the numbers, The key to leverage your core competency is to simplify…codify…and multiply. Simplify it so others can do it too. Codify it by putting the process in a manual, on video or in some other format so others and refer to later. And multiply it. Print and distribute the reference for others to use. the specs, comparable properties in the market and other data, he knows right away what kind of offers to make on the property. No one can take a large number of deals and do it faster and better than he can. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 14 Secret of the Watermelon Other people don’t have that same core competency. Using the Secret of the Watermelon we determined his core competency and put him in the center of the circle so all he does now is analyze deals. Now, he’s not so great at the selling process and he’s not so great at the negotiating process. Those things are done by other people. But that’s okay, because he’s got a skill that’s tremendously valuable. He sets up the parameters for the deal and he says, “Look, if they accept the deal, here it is. Go work it out with them. If they don’t, then this is the deal-breaker and the dealmaker.” He can set those parameters quickly when other people can’t. It’s one thing to be able to do something well. It’s another thing to be able to do it on a consistent basis. I was recently speaking with a friend of mine, Wade Harmon, who is a coach for the Baltimore Ravens. Wade was telling me about one of his players, who was one of the all-time best wide receivers in the NFL. “Every day, after practice, he would do the same things,” Wade told me. “He would go right to the throwing machine. And he just practiced for 15 to 20 minutes every single day for 2 or 3 years just doing the same thing over and over; just catching, catching, catching, catching to become near-perfect on a consistent basis.” Richard Kner was able to do a pretty amazing thing too. You know what his core competency was? He was able to spot fun ideas that people love. Some people think, “How do you make a living being able to spot fun ideas?” He did and turned it into a multi-million dollar business as founder of Wham-O. Not many people know this story. But one time he was on a safari in Africa where a flash rainstorm filled a dry lake bed. In a very short time, he noticed fish swimming in the lake. There was no stream or river flowing into the lake. One day the there was Instant fish? You bet. While on safari in Africa, Richard Kner saw a dry lake one day, and after a rainstorm the same lake was teaming fish. That experience spawned a new business idea. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 15 Secret of the Watermelon nothing but a dry crater. A few days later, it was teaming with fish and he wondered, “How on earth did that happen? It just rained, and now there are fish there? Where did these things come from?” It wasn’t until he returned to the states that a zoologist explained to him that a certain type of fish lays its egg in the soil and when it rains, the water allows the eggs to hatch giving birth to the fish. It just happens instantly. He said, “Oh, my gosh, that’s incredible!” The zoologist didn’t think much of it. But Kner had other ideas. “Do you know what that means?” Kner asked him. “Do you know how incredible that would be, to be able to have instant fish? You just add water and you have a live fish.” That was his core competency: to spot an idea and turn it into a business. Now, he took that idea and he actually did something with it. He went to a toy fair back in the 1960’s, and took orders for his Instant Fish. Toy store owners could ship the eggs to customers who would just have to add water and like magic – they would have instant fish! He was overwhelmed with $10 million worth of orders. People were slipping orders under his hotel room door Richard Kner presented his idea for selling Instant Fish at a toy fair in the 1960’s and he was flooded with orders. People were even slipping orders under his hotel room door! during the fair. It was unbelievable. He imported the fish he needed to lay the eggs and everyone was excited, except the fish. He couldn’t get them to lay eggs fast enough. Something was wrong. He tried serenading them with soft music, mood lighting and he tried warming the water. Nothing worked. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 16 Secret of the Watermelon He invested a huge amount of money in it, but he eventually refunded everybody’s money. Sounds like a failure, right? Kner was someone who was always willing to try something new and not give up. It was that same drive that made him buy the rights for a toy in Australia called the bamba-hoop and renamed it the hula-hoop. Within two years the company generated more than $45 million in profits and they’ve sold more than 100-million hula-hoops. What was his core competency? He had an ability to recognize ideas, such as the Pluto Platter. Again, Kner bought the rights to the discs and renamed it the Frisbee. What did we learn? First, always look out for new ideas. Second, find your core competency and be willing to test. Be willing to fail. Fail quickly and fail a lot. F doesn’t mean failure in my grade book! 3M allows their staff to spend 15% of their time on testing new ideas. That means they’re expecting to fail 15% of the time. Copyright 2008 Somehow, we’ve come to believe F is for failure. F is for finding out what works and what doesn’t. It’s okay to try and fail! The more that you try and the closer you can get to finding your core competency, the more success you will eventually enjoy. Some of our most innovative companies actually encourage testing and failing. 3M allows their staff to spend 15% of their time on testing new ideas. That means they’re expecting their employees to fail 15% of the time. This is the same company that has come out with everything from the Post-it Note to life-saving surgical instruments. As a company, their core competency is innovation and because they budget time and money for it, they’re able to launch breakthrough products on a consistent basis. www.YourBusinessGPS.com A Jon Goldman Solution 17 Secret of the Watermelon A woman I work with, Jill, owns an art gallery. What’s amazing is that she has nearly a 100% closing ratio. She takes art to people’s homes and she makes the sale in customers’ living rooms. If she can take the art into a person’s home, she closes the sale nearly every time. She knows that. So what did she do? She built her entire sales system to create an irresistible offer and to make it easy for her prospects to have her come out to their home with the art. She tells them, “I understand you think there’s going to be pressure to buy, but there’s no pressure. It’s fun. I love doing this.” So, she takes the art into their home and most often, she not only sells them one piece, but she ends up selling them several other pieces and comes away with several referrals. So far, we’ve talked about the first two criteria you need to operate in your core competency: (1) do something with near perfect performance, and (2) do it on a consistent basis. What’s your passion? Here’s the third criteria: you must be passionate about it. Your passion is what will get you through the rough times and challenges you’ll eventually have to go through. There’s risk involved. And many people don’t take the risk to get involved with something they’re deeply passionate about. Most people think, “You know, I’ve got to make a living.” We’re blessed because if you’re running your own business or you’re even working for someone, you do have the ability to do what you love and get paid very well for it. Copyright 2008 That’s true, you do have to make a living. But we’re blessed, at this particular stage in history, at this particular place geographically in the world because if you’re running your own business or you’re even working for someone, you do have the ability to do what you love and get paid very well for it. For example, speaking is something that I love doing. My particular core competency is I’m pretty good in front of a room in a live presentation. I’m a change agent. And I’m pretty good at doing facilitation. So, I’ve built my business around doing those three things that are in my core competency. When I speak and I’m selling a product from the back of the room, I do very well. I’ve closed as much as 73% of the room www.YourBusinessGPS.com A Jon Goldman Solution 18 Secret of the Watermelon selling a very expensive product. At the same time, I’m passionate about working with our clients here at Brand Launcher and helping them transform their businesses and their lives. I’m totally passionate about helping others actualize their greatest potential. These are things I can do with near-perfect performance, on a consistent basis. To me, I can’t believe I get paid to do this. It’s a wonderful, wonderful thing. Howard Schultz is just as passionate about coffee. He loves it! It’s what led him to start Starbucks. When he goes to Italy, he has the sort of palette that can discern the difference between a good coffee and a great coffee. I, on the other hand, am not much of a coffee drinker and couldn’t tell you the difference between a good cup of coffee and bad cup of coffee. I’m lousy at it. It’s not my core competency. Schultz is awesome at it. And he prides himself on making the very best coffee. However, he was tempted to diversify and began to sell chocolates. But he doesn’t have the same competency. Their coffees are great but their chocolates are just good. They’re not great because they’re not experts in chocolate. Their expertise is in making great coffee. Never lose sight of your core competency. What can a few baristas teach us about passion? I recently spoke at the International Coffee Fest, which was the largest gathering of people who brew, import, manufacture, pick and sell coffee and tea. It was a remarkable experience. Talk about people who are really passionate about coffee! Every year, they hold a barista competition to see who serves the best cup of coffee. I didn’t know there was such a thing as barista competitions. The event is overseen by the Mid-Atlantic Board of Judges, each of whom is certified to judge this prestigious event. Some people would probably say, “That is the most ridiculous thing! A competition to brew a cup of coffee? Just pour in some hot water and some coffee grounds, and you’re done.” That’s not what this was about at all. They had seven judges and three baristas competing. The national barista champion was Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 19 Secret of the Watermelon there too and it was like a rock star had showed up! Everyone was crowded around her in awe! During the competition, the judges closely watch every move. They’re judging how well the baristas tamp the coffee into the machine and how well they brew the coffee so it’s not too oily or foamy and it doesn’t taste burnt. After they finished, crowds of people gathered around the competitors, fawning over them and saying, “You’re awesome! … Oh my gosh! Did you see that?!” And the judges hovered over the winning cup saying, “Look at the oil here, and look at the design, the taste, the aroma. Wow!” It was amazing to see that kind of passion. What could you do with passion like that in your business? Imagine the possibilities. Whatever you do, be the best in the world. Show me the money! Show me how!! Let me address the question everyone asks me: “How do I figure out if I’m going to be able to make money from my core competency?” Before I answer that, you have to find what I call your “sweet spot”. It’s one thing if you’re great at golfing or you’re great at throwing a party. But the question is: Does it have any commercial value? Can you make money from your core competency? Before you can find your sweet spot in the market, you have to get a clear handle on who and what you are really about. Try The Core Competency Wizard below to help. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 20 Secret of the Watermelon The Core Competency Wizard To help you find your core competency, answer the following questions: 1. When you walk into a bookstore, what part of the bookstore do you naturally gravitate to? Do you naturally gravitate to the cooking section? The self-help section? The travel section? The business section? Where do you find yourself naturally gravitating to? 2. What conversations do you naturally gravitate to? When you’re at a party or talking with friends, what topics of conversation do you naturally engage in? 3. What kind of advice do you give or what kind of advice do other people come to you for? Are they looking for help with their marriage? Business? Finances? Are they coming to you about some sort of subject matter expertise? 4. What activities energize you? How can you make money doing it? Your core competency really operates on two levels – what I call your Subject Matter Expertise (SME) and you’re your deeper modality. If you’re in landscaping, for instance, you probably have a subject matter expertise in landscaping. Or, if you work in an art gallery, you may have a subject matter expertise in art. If you’re at an accounting firm, you’re subject matter expertise may be in accounting. But you also have a deeper level of understanding and a deeper sets of skills, which is where you’ll find your core competencies. When you’re in your core competency, time flies by for you. It’s enjoyable. And it seems effortless to you. In the landscaping world, there are a lot of different aspects to the business. One aspect is planting, mowing, raking and trimming. Another aspect is designing and building patios, decks and walls. Another aspect may be selling your services. And finally, another aspect is managing the crews. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 21 Secret of the Watermelon You have to determine which parts of the business you love doing. And when you start to discover that, that’s when time flies by and you can’t believe it and you tell yourself, “Wow, I feel really appreciated, I feel really valued and I’m providing real value.” “How can I be so sure I’m going to get paid?” It’s one thing to pursue a passion, it’s quite another to get paid – and get paid well – for your passion. The key is whether the market finds value in your core competency. This brings us to our fourth and final section on discovering your core competency. Is the market going to pay you well? It’s one thing to pursue a passion, it’s quite another to get paid – and get paid well – for your passion. The key is whether the market finds value in your core competency to pay you for it. The more unique and the more valuable it is to others, the more you’ll get paid. I’ll share an idea with you. One of our clients, Aaron who is a landscaper, really believes the best way to take care of your lawn and your plants is to use organic fertilizers and treatments. He’s always preached this to his clients, long before it became trendy. He understands how to help a homeowner use organic solutions. So, when all of the other landscapers are competing over pricing, he doesn’t have to because he’s created a niche with very little competition. And because other landscapers are now trying to give customers more organic options, he’s teaching his colleagues how to use natural solutions and offer them to their customers. He’s positioned himself as the guru of organic landscapers. This is something he does with near perfect performance and consistently. It gets him up out of bed every morning and other landscapers are paying him well for his knowledge. Another one of my members is a Chinese restaurant owner who used the Secret of the Watermelon to create a restaurant unlike any other in the market, which is hard to do today. Competition is tougher than ever. There are twice as many Chinese restaurants in the country than there are McDonald’s. Many have become totally ubiquitous. The truth is most are virtually the same – they just operate under a different name and in a different location. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 22 Secret of the Watermelon But one owner leveraged her passion for tea, in particular flowering tea, to create a one-of-a-kind tea bar. “What’s a flowering tea?” you may ask? A flowering tea is similar to a lotus flower that’s served in a glass teapot. When you place the lotus flower in a teapot filled with hot water, it begins to open like a flower, right before your eyes. It goes through a metamorphosis. And the teas themselves have healing properties. The owners have enjoyed tremendous success by launching this very unique tea bar. By sending news releases to the local newspapers throughout the year, they got attention from the media. If it’s allergy season, they have teas that will help. If you’re feeling blue, they have a tea that will help. If you need a pick-up in the morning, they have a tea for that too. It all started with an owner who loves tea, and capitalized on her passion for tea. As a result, the market has paid her very well for it. A woman in Nebraska, Lisa, is amazing when it comes to making offers and negotiating deals. Everything else is delegated. Her goal then, is simply to get her in front of people to make those deals. Her entire marketing system is designed to give her more deals that she can close – and she gets paid well to do it. Another guy in Texas is one of the best at barbequing beef on the grill. He’s even created his own seasoning that’s world-famous. He now owns one of the largest barbeque restaurants in the state. As you can see, it all begins with your core competency and pursing your passion. But as you grow, you’ll find yourself pulled in a lot of directions – away from your core competency. The secret is to build a team around you that will support you so you can continue to leverage your skills. Again, we start with you in the middle. Your core competency is in the middle of that circle. The second circle around you is your Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 23 Secret of the Watermelon marketing – your Big Zig. Outside of that circle, is your freedom systems and freedom teams. But it all starts with you. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 24 Secret of the Watermelon Chapter 3: What’s your Big Zig? Now it’s time for you to learn about “market-techture”. Market-techture is what is known as marketing architecture. In developing your message to communicate with the market, you must first develop the architectural blueprint that will diagram your flow of communication to and from your prospects. The primary flow of communication is first and foremost, lead generation. Second is lead development and conversion. Third is promise fulfillment. Your goal is first to generate leads; secondarily, to develop and convert those leads; and finally, it’s up to your organization to fulfill on the promises that you made in the marketing architecture. Here’s what the ideal Market-tecture looks like Every successful business must have a system to convert leads into sales and ultimately generate referrals. What does your system look like? Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 25 Secret of the Watermelon This is also called the sales funnel. Why is it a funnel? Because as you go through the process your pool of prospects narrows. There will be many leads that will go into the top of your funnel, but as you refine your offer and create the sale, only a few will come out. The key is to constantly replenish your funnel. And that brings me to my most important point. If you don’t remember anything I’ve told you so far, remember this next point. It is probably the single biggest thing you can do in your marketing that will reap huge dividends. Circle this section. Underline it. I’ll even highlight it for you. But do whatever will help you remember this point … Create a Big Zig for your business that makes you so dramatically different than the competition and stands out and shouts, “I’m different and better than all the rest!” We talked earlier about a Big Zig. This is the one thing that makes your business unique. While others are zagging and doing the same old thing, you want to zig. Why is this important? You’ll at least triple your chance of success with a Big Zig Companies with a Big Zig have a 370% higher chance of being successful, according to Harvard Business Review. Remember, we’re in the age of advertising resistance, so you must make your offer radically different from everything else that’s in your industry. For some companies, this could mean gaining more visibility for your product by being more flashy and unique. For other companies it could be looking very plain and simple when everyone else looks glossy. In other words, if everybody is zagging, then you’d better zig. Otherwise, you’ll fall into the “me too” world and get lost into oblivion. The worst thing is to fall into the dusty attic of your prospect’s mind. How important is the Big Zig? Companies that have a low zig only have a 14% chance of probability to succeed. Companies that have a medium zig have a 40% chance of success. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 26 Secret of the Watermelon Companies with a Big Zig have a 53% chance of probability to succeed. That means that the bigger the zig – the more dramatically different can make your offer – the better your chance of success! And what does “dramatically different” mean as opposed to “sort of different”? Dramatically different means that it's a major shift from what's currently being offered and what’s expected. Incremental improvements never produce the dramatic bottom line growth, profits and potentials that Big Zigs can generate. What’s your Big Zig? While your competition may have higher price, quality and service, you can differentiate your product by offering a simpler solution for customers. While others zag, you can offer a Big Zig. Copying somebody else won’t cut it either. Dr. Robert Cooper, a professor of marketing at McMaster University in Hamilton, Ontario, Canada, an authority in the field of marketing and says 80% of all copycat efforts fail. In his report, “Selecting Winning New Product Projects,” he says the company’s uniqueness is more important than its market size, or growth rate. The study actually gives a score based on importance to the following factors: Copyright 2008 Superior benefit/uniqueness (BIG ZIG) – 218 Fit with company’s overall skills – 142 Market size and growth rate –100 Fit with company’s technical skills – 43 www.YourBusinessGPS.com A Jon Goldman Solution 27 Secret of the Watermelon One Way To Zig: Go Where The Competition Isn’t A marvelous book came out in 2005 that illustrates the concept of the Big Zig very well called Blue Ocean Strategy by Chan Kim and Renée Mauborgne. It highlights the need for companies to differentiate themselves within the crowded marketplace of ideas. Instead of fighting for market share in the “red, bloodied waters” of industry competition, the authors advise companies to find attractive “blue oceans” where competition is minimal or nonexistent. How can a company do this? By redefining the arena of competition. By creating a Big Zig that will not only differentiate your company from others but radically alter the playing field, your ______________________________________________________ “If at first the idea is not absurd, then there is no hope.” Albert Einstein ______________________________________________________ company can decide where and when it wants to compete. It gives power and control back to you, rather than letting industry standards dictate the way the game is played. Challenge the bedrock assumptions in your industry! Look around and determine where everyone else is zagging – and then zig. What is your entire industry doing? What is your industry’s “sacred cow”? Does your industry really need to work this way or have the lemmings taken over? (Remember – as Mark Twain said, “Sacred cows make the best hamburgers”.) Richard Kner of Wham-O understood the power of a Big Zig. So did my client Paul Johnston of the Shed Shop. Johnston created a Big Zig selling backyard sheds of all things! He also realized that more people are outgrowing their homes and looking for a separate space to house their hobbies, teach Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 28 Secret of the Watermelon music lessons, create office spaces and places to work on their projects without creating a mess in their living rooms. Self-storage is one of the fastest growing industries in the U.S. We simply have too much stuff. So he showed how his sheds can help people change their lifestyle! He even has a contest every year for those with the most unusual and original shed uses on his website, www.shedshop.com. See below. He shows how his business is creating a better lifestyle for his customers, which is highlighted in his testimonial book, “83 Ways a Shed Has Changed People’s Lives.” Wait. Read that again, “83 Ways a Shed Has Changed People’s Lives.” Come on. You’ve got to be kidding. I mean it’s just a shed! But he was able to create excitement and emotion out of sheds! Paul dug up incredible real life stories. He took simple blackand-white photos of his customers and told their stories about how they were using their sheds. This allowed people to identify with the people in the stories. That’s extremely important. Your clients must be able to look at the testimonials and model examples and see themselves also using your product or service. One of the biggest mistakes most people make in marketing is using pretty models and ideal situations that the average person can’t relate to. But you don’t have to do that. It’s not a shed; it’s a castle! Listen to some of the different people he wrote about and pictured in his book. There was a woman who said that when she was growing up, she remembered having space to act like a Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 29 Secret of the Watermelon princess. She now has grandchildren and a small house in California. Instead of building inside space, she built a shed in the backyard that’s truly a home for her granddaughters to enjoy their “castle”. Her grandchildren come over and put on performances. The shed houses more than dress up clothes; it houses imagination. Next, he showed a woman whose marriage was saved because of a shed. Why was her marriage in jeopardy? Because this woman was a school teacher and she had so many supplies and papers spread out all over the house. Her husband was getting fed up with tripping over them and having no space to breathe. But now, her husband is no longer stumbling because she’s able to keep all of her supplies neatly organized and safe in their shed in the backyard. There’s peace in the home again. All because of the shed! That’s incredible! A shed saving a marriage. The other thing that Paul does is he instills a sense fear if you use one of those other sheds on the market. He talks about corrosion and rust, and how moisture will seep in and ruin your belongings if the shed isn’t built properly. These are the things that the other shed makers will never tell you about! As he tells the story of his high quality wood sheds, he gives you insider tips and tricks that you wouldn’t know to ask. He’s able to charge premium prices and is one of the fastest growing shed dealers in California. What’s so different about a beauty shop? Here’s another great example. QB House isn’t like any other beauty shop in Japan. Quick Beauty House as its full name implies is about serving people fast and making them beautiful when they walk out. While the vast majority of the haircutting industry in Japan focuses more on the emotional aspects of quality and care in a haircut, QB House decided Copyright 2008 QB House created a Big Zig in Japan where the company is much more functionallyoriented that its competitors. As a result, it’s changing an entire culture. www.YourBusinessGPS.com A Jon Goldman Solution 30 Secret of the Watermelon to become much more functionally-oriented. They don’t provide the normal Asian routine of hot towels, shoulder rubs, and tea and coffee, which normally extends the haircutting procedure into an hour ritual. Instead, QB speeds up the process, and focuses on a quicker, quality cut. By looking at the market from this entirely different perspective, QB House chose to take a no-nonsense, practical approach. They eliminate all the extras which made haircutting a big process, and now offer a quick, 10-minute haircut. In doing so, they are much more efficient with using resources, and can charge one-third to one-fifth of the regular price, and earn a greater profit. This idea has caught on, and is spreading throughout Asia, slowly changing the cultural perception of what a haircut is meant to be: a beautiful cut, which can be done quickly. Ask yourself: “What can I give up? What can I elect NOT to do?” Asking these questions, will help you narrow your niche and focus on what’s most important to your business. Does YOUR marketing have a Big Zig? Your goal is to dominate a small, narrowly defined market. To do that, you’ll need to stand out. So should your marketing and advertising. For example, everyone sends out what’s called “flat mail”. These are flat envelopes that typically carry letters and you open over the trash can and separate the bills from the junk mail. Well, I told you earlier that I’m known as the “The Watermelon Guy” but what I didn’t tell you is that I’m also known as the “Lumpy Mail Guy”. You see, I love to mail Lumpy Mail. These are packages sent to prospects that are usually oversized, oddly shaped and carry something inside that makes it “lumpy”. Why? Because people open them! They’re so unusual, they stand out from all the other mail everybody gets and as a result, they increase response. Usually, the more expensive the package, the better they do. I’ve mailed mini-trash cans, bank bags and even coconuts just to name a few to grab the attention of my hungry fish. I used all Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 31 Secret of the Watermelon three in a multi-step promotion campaign for the NBA that pulled in a 50% response rate (see example). Within the world of advertising and direct marketing, there are three major problems that you have to overcome. They are the Three R’s: rip it open, read it and respond. These are things that every direct marketer wants, and in reality the better marketing pieces achieve all three. I'll show you how. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 32 Secret of the Watermelon Let me clear, most direct marketing never gets opened, so the main goal is just to get a person to overcome that first “R” and rip it open. The second problem is that even if it is opened, most of those people won’t get past the second “R” and actually read it because it does NOT grab the reader’s attention. The third R is “Respond.” Many offers don’t actually motivate a person to pick up the phone and call, to click on a link and sign up, to fax in an order form or to mail in a business reply card. Take the recent Super Bowl ads, for example. Everyone gets caught up in the hype of which ads were more enjoyable to watch. But the fact is most are waste of money because only 6% of them had a call to action. SalesGenie.com got slammed by critics for having boring ads, but it was one of the few that asked people to go to its website to get 100 free sales leads. SalesGenie.com was criticized last year for it "dull" ads and it brought in $54 million in revenue from its $3 million per ad investment. Your goal is to make money -- not to win awards! Your job is not to entertain! Leave that up to the Madison Avenue ad agencies that are more interested in winning awards than anything else. Your goal is to gently and elegantly lead your prospects to a specific call to action and ultimately make money. But if you don’t overcome the 3 R’s your offer will end up where most of the stuff falls, “out of sight, out of mind.” That file can usually be found in the trash. Advertising and marketing guru Dave Oglevy once said, “If I knew exactly who was ready to buy and when they were ready to buy, I’d save 75% of my advertising expenses.” Unfortunately, people aren’t necessarily ready to buy when you’re ready to sell. The question is how do you stay in front of them for three hours, three days, three weeks, three months or even three years? (Hint: It has to do with you Big Zig!) I have one client who called me after four years and said, “I just want you to know that I just got another response from that mailing we sent out.” A year later, he tells me again, “I just got another response from that mailing we sent out.” For four years, Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 33 Secret of the Watermelon he’s been calling me and saying, “I’m still getting first-time responses from that mailing we sent out.” What’s been working so well? It was a magnet. We made an irresistible offer, sent it to a group of people that were motivated and they actually put it up on their refrigerator. Later, they’d call the client up and say, “I’ve been looking at this thing for four years and I’m ready now.” That’s how simple it is. The first challenge in the 3 R’s – get your prospects to rip it open is one of the toughest. It’s no wonder. From the moment we wake up in the morning to the time we lay down to sleep, we’re bombarded with advertising messages. Most of us wake up to a clock radio with advertising. I have four children, thank God. When I grab my toothpaste in the morning, I see more advertising on the back – a joint venture they did with “Rugrats.” You get dressed and grab your box of cereal. There’s more advertising. You sit down to read the newspaper. More advertising. If you turn on the TV and see what’s going on in the morning news, more advertising. Finally, you get in your car and you start driving. You turn on your radio and there's more advertising. You see a bus go by, more advertising. You get to your office and open the mail and find even more advertising. How to stand out from 3,100 ad messages/day Did you know that if you were to take all the direct mail and lay it end to end, it would wrap around the globe six times in the course of one year? According to Silver Research, the average person gets over 3,100 marketing messages per day. People have become immune to advertising and marketing. It used to be that there were three types of cereals on the grocery isle. Now, there are 300 types of cereal. There used to be three major TV stations. Now there are 3,000 stations you can get from all over the world. Therefore, the real question is, “How do you get past that?” Lumpy Mail, of course! Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 34 Secret of the Watermelon 5 "Lumpy Mail" ideas to get your offer opened There are so many fun and wonderful strategies that you can get it opened. One thing that you can do is, as we say, “Add a lump and get a bump in response.” You can actually make the carrier unusual. Here are five of my favorites: 1. Send your marketing in a “dynamite” tube. There are several different things you can do with a tube. You can make it like a dynamite stick and have a little wick sticking out with a message that says: Get ready to see your sales explode! We actually got a call from this right after 9/11. It was very funny. I was giving a seminar and it was a week and a-half after 9/11. This guy stood up and said, “I just used your stuff,” and 250 people turned to the back of the room. “I sent out a dynamite stick last week after 9/11.” Jon, I have to tell you, it’s the best response I’ve received in my life.” 2. Tie it to a balloon and watch your response rate soar. We once did a mailing that got a 31% response for IBM. It was a pre-show mailer to sell exhibit spaces. One of the things that we sent was a box that was about 18 inches wide. When you open the box, a helium balloon rises up tied to a string and a package of Red Hots candy. (If you’re interested in doing this, check with us first. When balloons are shipped over the Rocky Mountains, all the helium deflates so we have two distribution centers on both sides of the Rockies to handle the shipments.) 3. Put your message in a bottle and send it out. Another popular promotion is what we call, “Message in a Bottle.” The package looks like a wine bottle. The message is rolled up inside and attached to the cap so it can be pulled out easily by the prospect. The message begins by saying, “Don’t get left stranded…” or “Enclosed is your treasure map…” I’ve seen this get 60% response rates for seminar mailings. 4. A briefcase makes a terrific high-end package. 5. One client, Info Now that has products with an average sale of $100,000, actually sent a metal Halliburton briefcase to CIOs, CEOs and CFOs at Fortune 500 Companies. When you opened the Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 35 Secret of the Watermelon briefcase, a laptop inside automatically started running a video presentation. Next to the laptop was a Nokia cell phone. At the end of the presentation, it said, “Press send.” The promotion generated a 55% response rate and of those, 50% converted to a sale. 5. Handwritten address with a live stamp ... simple, but effective! Simply address the envelope with what looks like a handwritten address and add a commemorative stamp – not a bulk mail stamp. The problem with handwritten addresses is that they can be slow and expensive, but after nearly two years of searching we finally found software that looks just like the real thing! This is important because 83% of your prospects will open a hand-addressed envelope. Tip: don’t include a return address when you use a handwritten address. It will be intriguing enough that people will have to open it. Try anyone of those ideas and I guarantee you’ll stand out from the crowd and more importantly, you’ll see an increase in response. For more, go to www.LumpyMail.com. The story of the “Big Zig Master” There was one man who was a master of using the Big Zig to his advantage. His name was Robert LeRoy Ripley, creator of “Believe It or Not.” He was one of the most famous men of his time. He was as well known as Walt Disney and P.T. Barnum. According to the United States Postal Service, he received more mail than Santa Claus and perhaps more than anyone in history. Sometimes he received over a million pieces of mail a year. He grew up in Santa Rosa, a small town in Northern California, dropped out of high school his senior year and signed on as a pitcher for a semi-professional baseball team. But he was also a good artist. He started to draw postcards for his baseball team. He left baseball, worked at several newspapers before landing a job at the New York Globe. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 36 Secret of the Watermelon What’s important about this progression is when planning a career, the steps that you take to advance your career aren’t always linear. So stop expecting them to be. You’ll be much happier once you accept this imperfect path. Ripley focused on developing his core competency over time. Eventually, his core competency, which was reporting on what was interesting, unusual and odd became his full time (and very lucrative) career. He was the master of the Big Zig. He knew how to differentiate himself by finding the unique and weird in other people. When he worked at the Globe, his job was to draw cartoons of sporting events. One day, in 1918, there wasn’t anything to draw, so he started to draw weird comics about sports odysseys. He drew about a man who was able to hop 100 yards in only 11 seconds. Next he drew about a man who held his breath under water for 6.5 minutes. Finally, he drew about another man who had jumped rope 11,800 times without stopping. Champs And Chumps (Ripley’s First Oddity Foray) He originally titled his cartoons; “Champs and Chumps,” but the editor didn’t really like the title. They really weren’t champs and chumps. So he changed it to a wonderful name; he called it “Believe It or Not.” By December 19, 1918 his cartoons became so popular that the editor asked him to draw all sorts of other things. The Globe began occasionally featuring Ripley’s cartoon, and as it grew in popularity, it increased in frequency. At first it ran on a weekly basis, and then daily. It started in the world of sports and moved onto other subjects. Over the years, he created over 340 categories. Ripley received so much mail that it was like he had Copyright 2008 www.YourBusinessGPS.com What began as a regular sports cartoon turned into Ripley’s “Believe it or Not” with a Big Zig that made him millions. A Jon Goldman Solution 37 Secret of the Watermelon enlisted millions of people to work for him. He ran contests, he challenged and rewarded people. And what were the rewards? The rewards were fame and recognition; being part of something larger than themselves. He promised that when good ideas came, they would be published, and people would be recognized. He received such weird letters that they were signed in Morse code, in confederate civil code, in sign language, some were written on tin, wood, turkey bones, and once even a grain of rice. The more outrageous – the better. The way that he lived his life was a reflection of his innate understanding of the Big Zig. He relished in gaining others’ attention. He dressed wildly and colorfully. He had two-tone shoes and he would wear batwing ties. One person described his appearance as a “paint factory that got hit by lightning.” His flamboyance extended to his homes as well, including his house in Florida, his Manhattan apartment with 13 rooms and his 28-room mansion on his own island that he called BION (short for Believe it or Not). Challenge your audience … and create a following Ripley used his articles to put challenges out to the world. He claimed that nobody had been able to invent a machine that could twist a pretzel into the shape that bakers have been doing for centuries. A company called the Redding Pretzel Machine Corp created a patent on the first pretzel twisting machine. This little company from Pennsylvania broke the barrier doing what no one else could ever do. Redding Pretzel Machine Corp. did that through his challenge. Are you challenging people? Or are you simply stating facts in your marketing and on your website like a dictionary? Ripley was also very bold. He boasted that he had never made any mistakes in his column, and for years he was able to prove the truth of every item. Nevertheless, Edward Mier, president of Ripley Entertainment, said there were maybe one or two false claims a year. “Ripley sincerely believed that if something had been in print, it was gospel,” Mier said. If Ripley didn’t have it in writing, he would try to get a photograph. And he challenged his audience to prove him wrong! Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 38 Secret of the Watermelon There was a very unusual postmaster in Iowa named Leon Harbour, who was so completely convinced that Ripley was a liar and that his columns were full of bunk, that he made disproving Ripley’s column the center of his life. For more than 26 years, he wrote nearly a letter a day. Every time Ripley mentioned someone in his column, Harbour took the time and energy to track down these people and write them a letter asking them to verify Ripley’s claim. He wrote to more than 22,700 of them. 10,363 wrote back; not a single one ever contradicted Ripley’s claim! By the 1920s, Ripley’s column appeared in dozens of papers around the country, but his big break came in 1927. This is a great message of the Big Zig. Charles Lindbergh made his famous solo flight across the Atlantic and the world was in love with him, except for Ripley. Ripley was willing to put his neck on the line and say something that was controversial, something that was different. He was willing to zig when everyone else was zagging. Ripley took a different approach to Lindbergh, claiming that “Lindbergh is the 67th man to fly non-stop over the Atlantic Ocean”. Lindbergh was simply the “first to go alone”. This made readers crazy with anger! 170,000 people sent letters denouncing Ripley and criticizing him for picking on their hero. However, here’s the instructive point: this publicity made his book, Believe it or Not! a best seller and it turned Ripley into a celebrity of awesome status. He was willing to put his neck on the line and say something that was controversial, something that was different. He was willing to zig when everyone else was zagging. Everybody was talking about how great Lindbergh was and Ripley took a different angle. What can you do in your business that’s different from everyone else? Can you find an enemy? How about the evil IRS henchmen? Remember I told you how he received tons of mail? He received more mail than any other person in human history. Sometimes he would run contests, which is a very important rule. Learn to run a contest when you have a group of people responding to you. He would receive on average 3,500 letters a day. That’s more than 1 million per year over 30 years. (One contest that he ran received 250,000 letters in less than two weeks.) Many of the letters he received made it into his writing. What’s the operative secret here? He was letting other people do the work for him. That last point brings me to my final ingredient of the Secret of the Watermelon … Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 39 Secret of the Watermelon Chapter 4: The Final Ingredient – Freedom! How do eat a watermelon? No, this isn’t a trick question. You eat a watermelon one bite at a time. The same is true when building or re-building your business. You build it one step at a time – one piece at a time. We’ve already talked about starting first with you and your business’ core competency. Then, you develop a Big Zig you can promote in your maret-tecture. Finally, you need to build your Freedom Systems and Freedom Teams. These are your systems and teams of people that will implement your vision. Why do I use the term “freedom” to describe them? Because when you put the right systems and teams in place, they’ll free you from your business so you’re not working in your business all of the time. It’s day-to-day operations are no longer dependent on you. Instead, you’ll have the freedom to work on the business and use your core competency to focus on the things you enjoy so you can grow the business. Your job is to perform the mission – not the tasks Your freedom team should support you as if you were a fighter pilot. As a fighter pilot, your job is to fly and command the plane at lightning speed. Your job is to successfully complete your mission. That's all that you need to focus on. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 40 Secret of the Watermelon In order for you to do so, you need to have an entire team of people on the ground doing what they do best to support you. You need an army of people in engineering, maintenance, accounting, human resources, logistics, safety systems and communications. It’s a completely interdependent system. Just like there’s only one fighter pilot, there’s only one business owner or leader. And it’s your right as the entrepreneur to claim your core competency and claim the spot that’s best suited for you. As you continue to increase your revenue, add staff that will either make sales for you or increase your sales. Every position _____________________________________________________ Your freedom team should support you as if you were a fighter pilot. Your job is to successfully complete your mission. That's all that you need to focus on. ______________________________________________________ must do one or the other; either increase sales or free someone else up to increase sales for the company. Use the money from those additional sales to build your freedom teams and systems, one block at a time. When your Freedom Team is in sync together, your business becomes more effortless and it will naturally attract the right people and produce the results that you desire. It’s also your responsibility to manage the team. It’s important to recruit people who want to be in those support positions. When you find a person to perform a support role in accounting that’s great. Don’t think, “poor guy” stuck in accounting. Know that each of us have complementary skills and strengths totally different from our own. It’s his core competency and he's doing what he loves. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 41 Secret of the Watermelon The choice is yours … Without a Freedom Team in place you have two options – grow or die. The reality is that harsh. The natural order of business is either to grow or die. There is no such thing as staying the same. Things are always moving and changing and evolving. Your company is either going forward or it's going backward. It cannot simply remain static. You're now at a turning point in your business where you must decide which one is best for you, because you can no longer maintain this state of being in between. The ultimate question facing all business owners Here’s a question that often stumps business owners: What’s the actual goal of business? Serve customers? Meet a need? Make money? Make a difference in the world? The ultimate goal of any business is to convert it from a liability to an asset. Those are all valid answers, but I gave you a hint earlier … The ultimate goal of any business is convert it from a liability to an asset and provide value to your customers. What do I mean by that? Let me give you an example of a liability that most people consider an asset. Most people consider their house an asset. Why? Because it’s something they live in, they've put money into it, and they've made payments on it. But the reality is that their house is actually a liability because they owe money on it and it doesn't produce any wealth or revenue for them. As long as the bank owns it, you’re continually pouring money into it and it's not an income generating asset. It's simply a liability that takes money out of your portfolio and sticks it into something that is not performing. Most businesses are liabilities because they're set up with a large amount of expenses and obligations. And they are set up to require your time, a further withdrawal against you and your personal resources. If you don't work in your business, it will go down the tubes, right? Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 42 Secret of the Watermelon Then, in that case, your business is a liability! You may argue that the business has a lot of value to it. You've got customers, inventory, a good reputation and so on. That may be true, but as long as you are obligated to work in the business every day, then all you have is a glorified job and you don't have a true asset in your business. WARNING! As long as you’re obligated to work in your business every day, you really just have a glorified job. The goal is to turn your business into an asset that is paying you. The goal is to set up your business so that it provides you with a residual passive revenue stream without you having to be there and do all the work. Your business should work for you, like a stock or a rental until like I talked about in Chapter 1. You should invest in your business the same way, so that it increases in value and pays you, as opposed to you constantly having to work in the business. Good real estate investments are also a good model for the right thinking. If you buy a small home for $100,000, put down a $10,000 deposit, your mortgage will be $500. Then, if you rent it for $950 per month you now have an asset. Once your initial investment of $10,000 is paid off, you are getting equity and this asset is paying you. What can you do with your business so it’s paying you? The world's worst business is something that demands that you're there and on-call all the time. Unfortunately, many businesses are like that. Unless you're there to open the door, the doors don't open. Unless you're there to constantly monitor everybody or push sales, things fall apart. Every retail operation demands that you are there as long as the doors are open. If you’re running a service business such as a financial planning firm, mortgage business, real estate agency or Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 43 Secret of the Watermelon sales office, they all depend on you. Being a doctor, lawyer or computer programmer all depend on you. But here is another secret I’m about to reveal. Every one of the businesses I just mentioned can become assets with the right Freedom Team and Freedom Systems in place. You just have to build the system and remove yourself from the equation and the regular flow of most of the day-to-day business activities. Begin to work on your disappearing act little by little. Eventually you will retrain your staff and your customers. Here’s how you benefit from a Freedom Team Your goal is to set up a system that works on autopilot and simply requires checking and managing reports and results. As the business owner you want to put your company on autopilot. It should have checks and balances built into the system to prevent entropy from happening. It should be a system that also allows the Freedom Team to move the ship forward, even without you being on deck at all times. Autopilot means that it has checks and balances built into the system, to keep things from falling apart when you’re not working in the business every day. It should be a system that also allows the Freedom Team to move the ship forward, even without you having to be on top of them at all times. Here’s another benefit: You get a balanced life. You will be able to have a balance in your life between your personal and professional roles. You see, most people who are entrepreneurs, experience “the death of an entrepreneur,” which is complete chaos as their business takes over their personal life. Most business owners never strike that balance. Entrepreneur Jim McQuaig has created such a balance for himself as owner of a mortgage company. In a profession where the average loan officer is constantly responding to phone calls on his cell, always on the run, gulping down meals while falling behind, Jim created a system so he is able to eat dinner every night with his family, find time to go golfing and traveling, and work only 10 hours a week. How did he do all that? He uses something called the “two-call system.” Jim manages his team so that they would only get two types of calls: 1. a thank you, and 2. a referral. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 44 Secret of the Watermelon His team gradually built up a very strong service network that generated referral calls naturally and abundantly to the company. If any other type of call came in, then Jim would continue to retool the system. In setting up a system like that, Jim was able to lead the company to exponential growth, into the billions of dollars, because he could provide such systems for other loan officers that joined his company. Another example is Michael Forrester. He’s built a business that is built primarily on the Internet. He’s an author and also offers personal coaching and counseling to business owners. Forrester created a Freedom Team and a system that allows him to spend more time with his family, and to come and go as he pleases. One of the things that he created is a series of ongoing teleseminars. After he did them a couple of times, and mastered them, he then recorded them and set them to play on an ongoing weekly basis, so that now he doesn't even have to be on the calls. He also set up systems that deliver the content to his customers without him actually having to provide the service. This program gives him literally an extra 2-3 days per week of free time. Tips to build a Freedom Team Here's the $1 million question: How do you go about building a freedom team? The first thing you must do is develop a plan and create a system. Unfortunately, most business owners never do this. Why? Because they are busy living to work instead of working to live. ______________________________________________________ “Your goal is to design a life for yourself. It is your right and obligation as an entrepreneur to create a system that works for you and your freedom team.” _________________________________ Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 45 Secret of the Watermelon You’ve probably heard the expression don’t put the buggy before the horse. In your business, the “horse” in your business is your sales and marketing. They’re like the horse. Without them, there’s no business. The “buggy” in your business are those things that support you and the business – your freedom teams, staff and operational systems. You are the driver. You guide the horse and the buggy and give them direction. So what’s more important? The horse (sales and marketing) or the buggy (freedom teams and operational systems)? The answer: The horse – sales and marketing! Without them your business will be gone. But without your teams and systems, you will quickly fail, make empty promises and lose your customers. Where do big payoffs come from in business? How many times have you met smart and talented business people who have a great service or product, but don't have a great business? How about all the times that you meet people who have great marketing and an average product who have been very successful? Copyright 2008 For most entrepreneurs, the first quantum leaps always come from breakthroughs in sales and marketing. How many times have you met smart and talented business people who have a great service or product, but don't have a great business? How about all the times that you meet people who have great marketing and an average product who have been very successful? You may even think to yourself “My products and services are better than theirs!” Look at companies like McDonald’s. They have a very average product, but they have extraordinary marketing positioning. Or Domino’s Pizza. It has very average quality pizza, but their brand promise and guarantee of getting it to the customer within 30 minutes or it's free, is extraordinary. (Some even say that their pizza is lousy. But they would be missing the whole point.) Unfortunately, many people have this backwards. They think that the initial quantum leaps come from improving the operational system. In reality, the first quantum leaps come from creating marketing systems that drive the operations. Nevertheless, your www.YourBusinessGPS.com A Jon Goldman Solution 46 Secret of the Watermelon overall company will never be able to make a quantum leap, unless your operational systems are set up correctly to support your marketing promise. First comes the promise; then comes the fulfillment of the promise. Here’s the key: Set up your business so that you can make the world's greatest promise and then have the world's greatest fulfillment system deliver the promise. The 4-step process to developing your system Here is the secret to have others do the work for you. Take all the processes you’ve developed for yourself and turn it into a system so you can teach others how to do it. It may seem daunting at first. Most business owners get frustrated with this process and never do it. They simply don’t take the time to do it and remain stuck working in their business. But if you do take the time to document your systems, it will eventually pay for itself 100 fold! Document the steps needed in your processes so you don’t have to continually train new employees. Simplify the steps and then codify them in a manual. In doing so, you'll release yourself from your team and start to gain freedom because they now have a system that they can follow. Why? You see, if you try to teach each person separately how to do it, you'll never have real leverage. You should assume that many of the people that you hire will eventually leave or will move on to other positions, and therefore all the time you spent on training them is not leveraged. By creating sound, documented training, you will have invested your time wisely, leading you to greater leverage. I mentioned this earlier. The key is to simplify, codify, multiply – and satisfy! Otherwise, you'll never achieve leverage. Step #1: Simplify everything you do. Start out by looking at the beginning of the day and by writing down all of the different processes that you go through in order to accomplish each project. As you go through the different processes, break them down into manageable steps and define who is responsible for getting each step done. Be sure to take lots of notes. Step #2: Codify your processes. Create your documentation with screen shots of the computer screen, if that's necessary, like a manual. You’ll want to create two types of manuals: An operations manual and a sales manual. Basically, you’re creating a Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 47 Secret of the Watermelon gigantic checklist for your business. In doing so, you'll release yourself from your team and start to gain freedom because they now have a system that they can follow. Be prepared to lose time and money at the beginning. But once it’s done, you'll start to see the beauty of the system work for you. Step #3: Multiply your system. Put your processes into a format, such as in a binder or on a disc that you can give to a staff person to use as a training tool. Your system should be designed so someone can follow along without you being there. It should be instructional so be sure to draw attention to mistakes to avoid, common errors and helpful tips someone would need to know to perform the job. Next, you should multiply by sharing your system and promises with the world via your sales and marketing machine. Step #4: Satisfy you end-user by continuing to update your documentation with more useful tips and explanations. As your staff begins to use your documentation, they’ll come up with questions and work-arounds you may have never even thought to address. So be sure to make changes to the document as needed. Your goal as CEO The goal is for you to work on things which are important but not urgent. Freedom Teams and Freedom Systems will give you more time to leverage your skills and spend more of your energy on the most important things, which by nature are generally not urgent. If you’re always dealing with the crisis of the day you’ll never be able to see the big picture and break through the glass ceiling that is holding you back. Look, are we here to work to live, or live to work? We’re here to do both, in a certain sense. You’re here to live to work. That means that as long as you’re required to work and spend most of your waking hours doing it, you better make it a valuable and rich experience. But you’re also here to work to live. Life is not just about working. It’s about sharing your personal life with loved ones and having a meaningful life outside of your job. And you are blessed, right now, to be able to do what you love and get paid to do it. So, you can live with integrity and develop Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 48 Secret of the Watermelon the most important thing, which are the relationships in your business, and have some freedom to do what you love. None of this happens overnight. Don’t get discouraged if you’re not doing the things you love to do right now. That’s okay. Start to get a handle on the part of it that you do love doing and that you’re really good at, and little by little you’ll be able to start to outsource or even forego those things that you don’t do as well. Then people will actually support you in it, when you say, “You know what? I don’t really do that very well, but I do this really well. This, you can really count on me.” You’ll be able to start to make a shift. And in doing so, you’ll actually see better results. Your next step … I know I’ve given you a lot to chew on. (My editor is constantly telling me I’m giving more away than I have to, but what does he know?!) The fact is, I have a ton more advice based on my experience of working with thousands of business leaders over the years. And quite frankly, there aren’t too many things that excite me as much as helping people turn around their businesses and their lives. It’s my passion and I hope that the advice here will help get you started. The Secret of the Watermelon really can transform your life just as it has done for so many others. Now it’s up to you … 1. Determine your core competency and figure out how you leverage your talents and skills so you can focus on the things you do best. 2. Create a Big Zig and sell it using big, bold powerful marketing messages. 3. Build your Freedom Teams and Freedom Systems to support you. And if ever need any help with any of those steps or just need someone to talk with about attract more prospects or increase sales, just give me a call at 800-805-1220. As part of this special offer, your initial consultation is FREE! For more information or help turning around your business and your life, visit YourBusinessGPS.com or BrandLauncher.com. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 49 Secret of the Watermelon About Jon Goldman A few years ago, Jon sold out of his $24 million promotional company to pursue his passion — helping entrepreneurs turn their ‘stucking’ points into launching points for success. Jon’s frustration at seeing creative, intelligent business people ‘stuck’ propelled him to create a company focused solely on supporting the entrepreneur/leader to retool his or her business and life – Jon calls it the Brand Launcher Center for Unstucking™. The Center was built to help business people actualize their greatest potential through a meticulously crafted and honed Unstucking™ & Launching system. It takes one to know one… Business renaissance man Jon Goldman is a successful entrepreneur, rainmaker, personal development coach and mentor. He brings many skills to the table -most notably a rare combination of marketing savvy, business process engineering and deep personal insight. Jon’s fresh, unconventional approach has made him a direct response superstar. In the direct mail world, he is recognized internationally as The Lumpy Mail Man. His advice and expertise have helped clients increase their direct mail response rates by 10 times! Clients, direct marketing professionals, associations and business owners around the world have repeatedly begged Jon to teach them what he knows. He is the author of The Million Dollar Lumpy Mail ™Marketing System. It’s the world’s largest and most authoritative how-to kit and resource for supercharging any direct marketing campaign. Jon is the originator of T.O.P. (Top Of mind Positioning) and author of The 18 Secrets of Niche Marketing and The 90 Day Launch System – How to Crank Up Your Business & Simplify Your Life. Jon currently owns several companies in the marketing industry, including the Brand Launcher Center for Unstucking™. He currently lives in Baltimore, Maryland with his wife and children. Copyright 2008 www.YourBusinessGPS.com A Jon Goldman Solution 50