Do the Hustle and Thrive

November 12th, 2008 2 Comments Posted in Betsy MacKinnon, Humor, Other Interesting Sites

I was just reading Mark Cuban’s blog and he has some sage-like advice.  He’s made a ton of money, dedicated to speaking his mind and ticking people off. Plus he’s smart. So I take note.

His latest piece on the economy resonated me like tin drum.  He gives a broad list of scary facts about the U.S. economy (and I won’t go into it but just say, you should read it)– the end result is… with respect to the economy, no one knows squat.  No one knows where it’s going: up, down, sideways.  And these are the experts, the pundits, the people in charge.  With mounting stress, your average U.S. citizen that holds a job, pays into a 401K, saves for their kids college and holds a mortgage is like a deer in the headlights.  We are at an economic psycho-social paralytic standstill.  What do we do?

We all need to find our inner Hustler. We need to start doin’ the Hustle.

Before you click off, think about it.  The real definition of a “Hustler” is less 70’s Pimp, Disco and dirty magazines and more about attitude.  So where one might see visions of Starsky and Hutches’ friend (and Snoop Dogg Doppelgänger) Huggy Bear, I see the people, and more importantly, personalities that will not only survive life’s rotten episodes but thrive.  Classic examples? Rhett Butler AND Scarlett O’Hara, The Wright Brothers, The Greatest Generation (who survived Depression AND won WWII AND brought the atomic age…,) Oprah, Post-WWII Japan, Martin Luther King, Estée Lauder, Steve Jobs, Nelson Mandela,Thomas Edison, James Bond,The Founding Fathers, MacGyver, Tina Turner, Madonna, and the list goes on and on…

The one thing all these people (real or fictional) had is that they refused to be hindered.  Their progress (professional, personal, economic, political) was not going to be halted by anything. Not the economy. Not politics.  Not tragedy.  They looked at the issue from the perspective of “there is success to be made and the path to it might be different than expected.”  So they got creative, they rewrote the rules,  they re-invented themselves/their company/their country, and they SOUGHT OUT NEW WAYS of doing things.  The new opportunity is always out there, you just have to seek it.

So how does this apply to you?  We are in tough and uncertain times, no arguments there.  It is time for you to tap your inner “Hustler” and “hustle” for new ways to do business.  Your business. New products and services that can affect your company’s bottom line by either saving you money or helping you make money faster or (even better) DO BOTH.  The old way of doing things is exactly what everyone else is doing, and that doesn’t make it right, it only means you’ll all be (sinking) in the same boat.  Seth Godin, in his new book Tribes (read it if you haven’t yet) subscribes that playing it safe isn’t exactly safe.  He believes the world is ever-changing and new rules apply.  The Hustler learns how to play them.  Or else get played.

And just because, under the you-know-you-thinking-about-it file:

Pay for Relationships?

February 29th, 2008 1 Comment Posted in Michael Kreppein, Referrals, Selling

With the rise of various social networking sites like LinkedIn and Facebook, the promise of easy and immediate connections seems realized. I connect to you, you connect to them and since I can see that connection, I want to get connected to them, too. Bingo, I have a prospect! The problem is that it’s too easy and therefore not really that valuable for business networking.

The names of my contacts are not valuable - there a lots of places where someone else can find those names - JigSaw, LinkedIn, Hoovers, Spoke, the Yellow Pages, industry trade organizations to name a few. What’s valuable is my relationship to them. I’ve earned that relationship and it’s valuable.

Jay Deragon, in his The Relationship Economy blog, posted recently about whether Relationships are for $ale. He argues that, “You don’t sell relationships you build and earn them.” I’d suggest that you can’t buy relationships, either. Certainly not valuable ones.

Jay continues to say, “Sales techniques have changed over time to meet the ever increasing demands from informed customers. It has become imperative in today’s business environment to gain the trust of prospects and customers by first focusing on building relationships based on common affinities and objectives.”

And thus easy access to names can’t be the easy way to generate sales.

So if that’s not the easy way, then what is? As Jay points out, “People aren’t for sale (although many act as if they are) and neither are their relationships.” Valuable relationships are not put up on the web for all to see. Rather, they’re kept secure and hidden behind walls and only let out when there’s a very good reason.

What’s a good reason to let a valuable relationship be known? When you meet another sales rep you believe can add value to your customer. And by adding value to your customer, you’ve added value and trust to your relationship with that customer. You won’t sell that relationship because if your customer finds out, your trust is lost. But you have built a new relationship with that sales rep that translates to them introducing you to one of their customers. And then they gain value, too.

That’s what Inquisix is all about - we keep your RELATIONSHIP with contacts safe and hidden while introducing you to like-minded sales people who understand that relationships are earned, not sold or bought. Who agrees with me?

Happy Selling!