Thanks to Bob Burg for the compliments on the review I wrote of The Go Giver. Check out burg.com for more about his other books.Bob
Book Review: The Go-Giver
The Go-Giver by Bob Burg & John David Man is the story of a businessman, a salesperson, who goes to a guru named Pindar to learn how to work better as a make or break sale goes south and he is looking at the bad ending to his last chance to keep his job.
The Go-Giver is a simple story transformed from what you might expect in a business process/self help to a story with very much the feel of a fairy tale.
Pindar, whose name conjures up gurus and East India mahas, takes Joe on a journey during a week when Joe feels that he has no luck and skill and is desperate to figure out how to, ultimately, keep his job. He thinks he will learn some deep secret that will help him to close a big sale by the end of the week. He soon learns that he cannot rush the process and that’s what it is, a process that will take him on a journey he will not forget.
Each time Joe arrives at one of his appointments with Pindar, he is greeted in such a way that makes it seems those greeting him are aware of his business with Pindar, as if many have taken the same journey and everyone who surrounds Pindar is aware of Joe’s travel itinerary and who Pindar really is.
Joe soon learns that he is going to be taken on a journey to learn “the secret”, what Pindar calls the “trade secret.” But he learns the secret is no secret. It is simply giving.
It is
with this fairytale feeling that the authors teach The Five Laws of Stratospheric Success which are:
The Law of Value; The Law of Compensation; The Law of Influence; The Law of Authenticity; and The Law of Receptivity.
All of the laws have easy to remember definitions. For example, the first law of stratospheric success can be summed up as: “Your true worth is determined by how much more you give in value than you take in payment.”
Pindar uses connectors to help Joe learn each of the five laws and how that connector has implemented them while becoming the success they currently are..
Many of the people Joe meets on this journey he sets out on seem to know why he is on it and even seem to have known in advance that he would take the journey which is part of what makes this book so special and gives it that fairy tale feel.
As you read this book and take in all of the laws it illustrates and learn how to apply them to life and your business, there is one law that is confirmed not in the book but by the book you may recall which is “Good things come in small packages”.
Looking For a Home Business? Consider a Distributorship
According to Dictionary.com, to resell means: “To sell (a product or service) to the public or to an end user, especially as an authorized dealer.”
I know what’s hot right now is to go it alone, set up your own company and start offering your own product or service and I agree this is a great way to go. I though, am, from what I can see, one of the few business types who will admit to being okay with not having to reinvent the wheel, doesn’t think the Internet is the only way to communicate, and wouldn’t mind being a W-4 employee for the right company. Or becoming an independent distributor.
Reselling is not a new concept. There have been successful resellers for a very long time in this country. Without even having to cruise the Internet or look in a book I can name one: Avon. It is unfortunately the one that I, and many others,, can name, within an instant, has given reselling in general if not a bad name a reason for people to smirk or smile when saying “independent distributor”. I don’t know why this is really. Avon has been a very smart, deft player in the world of commerce and any company that can succeed in that saturated market is a big deal.
As far as that company’s image and the smirks, consider the use, or misuse, of the term “Minivan crowd”. I know some parents that are masters of their minivan and even the youngest child in them, which are smart, creative people that I just love to be around. And as I see it resellers are just the same. The individual doing the reselling is just that, an individual, and the company they are reselling for needs to be looked at on an individual basis.
Reselling may seem to be a quick way to make a buck with little effort and can also be compared to franchising – on a much smaller scale usually though. It takes a lot of guts, wit, and loads of organizational skill.
So the next time you feel like getting of the roller-coaster of having your own business and just “settling” for a distributorship or even working for someone else, take a breath and forget what everyone else thinks and concentrate on the possibility that it might just be the right choice for you.
Great Article Called Embrace Online Staffing or Be Flattened
There are some new kids on the staffing block: Elance, oDesk, and dozens of others. If you haven’t been paying attention to online staffing, you’d better start. The numbers show that Elance had more than 650,000 job postings in 2011 and had cumulative revenue of $500 million since it started. Its competitor, oDesk, had more than a million job postings in 2011 and its contractors earned more than $25 million through it in February 2012 alone (annualized, that would be $300 million). There are other sites like Guru, Vworker and Freelancer.com that are in a similar vein.
But preliminary findings from our recent buyer survey show that online staffing is just barely penetrating the contingent market. Imagine a world where you can get the worker of your choice via a website with minimal effort, no obligation and zero legal hassle (most online staffing companies handle the compliance issues, 1099s, year-end tax reporting, etc.). No more grappling with high mark-ups, onboarding hassles, corporate culture misfits, supplier mismanagement, etc. Wouldn’t that make your life easier? That is what online staffing in bringing to the table.
Read the article at: http://www.staffingindustry.com/Research-Publications/Blogs/Subadhra-Sriram-s-Blog/Embrace-Online-Staffing-or-Be-Flattened
Grant Writing
BBB recognizes National Small Business Week
May 20-26 is National Small Business Week and a time to celebrate the growing business demographic in our country. Entrepreneurs and small business owners are the backbone of the U.S. economy: 60 to 80 percent of the new jobs in the country are created by the approximately 27.2 million small businesses in the U.S. It is estimated that over half of Americans either own or work for a small business. In honor of National Small Business Week, Better Business Bureau is encouraging small business owners to take advantage of the many resources for small businesses from BBB and from the Federal Trade Commission:
Read the article at:
http://www.lvtsg.com/imho/2012/05/bbb-recognizes-national-small-business-week/
Subcontracting and Referrals
Part of being, and being known as, a responsible virtual assistant and business owner is knowing when to say no. To things that you feel you don’t have time to do and things you don’t have the expertise to do.
As to the time factor, if a client needs something by a certain time and you find you are just unable to deliver by that time, consider that saying no is a sign of integrity. If the client absolutely cannot extend his or her deadline, maybe the responsible thing to do is to say that you cannot take on that task. I know upon reading that alot of you will think either, “But I don’t want to give up the money”, “I may loose that a client for good” or both which may be true but you never know when an honest, “No, I can’t do that now” might be appreciated to the point of winning you even more business.
One way to make sure you loose neither your client nor money is to develop a list of subcontractors. This could be especially useful if there are things you cannot or will not do. For instance, though I know how to basically use Quickbooks, if a client needed some accounting done quickly, I may refer him or her to another VA.
When you do decide to refer clients who you feel would be better served using a specialist, you will first want to decide whether you want to just give that client to that person for that task or treat that VA as a subcontractor.
In a subcontracting relationship, you hire a person to do that work which you are not qualified for. Typically they set their own rates outside of your business but you may feel free to enter into an agreement within which you basically share the profits with that person – treat them as if they are your employee.
The advantage of this is that you are able to build up an organization of individuals qualified to do different tasks and also that this allows you to offer services you otherwise might not to new or existing clients.
So the next time you are unable to take on a task or wish you had the expertise to do something, consider bringing a subcontractor into your business.
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To Prequalify or Not to Prequalify
Prequalification is the process of contacting prospective clients or customers to find if they will take advantage of your service or product. Usually done by phone, it may include a survey with questions such as, “Do you have an electric heater?” or “How long has it been since you last had your heater cleaned?” Questions like these are designed to lead to a foot in the door literally to give the prospective customer a taste, just a taste, of the service your company provides. Prequalification surveys are designed to peak the curiosity of the prospect, maybe make him or her feel like they really should take the action, after all any responsible homeowner would at least go for the freebie right? After the prospective customer bites, in this case, takes the free heater cleaning, the business person will go on to say something about other services offered by his or her company or maybe even wait until after he or she has completed the free service. The hope is that when they get done with the freebie, the customer will feel somewhat obliged to buy the full inspection, and viola, the prequalification has paid off; a new customer is won.
Now, heater cleaning is not the best example because someone is literally going to have to get his or her hands dirty in the prospects home to demonstrate your product. I use that example because it is a good example of the prequalification survey and, having given that survey, I have thought some about the relationship between that and prequalification of leads for more easily demonstrable services.
As consumers are bombarded with more unwelcome telephone and email solicitations, everything from the above mentioned free heater cleaning to recordings that speak of the benefits of a particular political candidate or initiative, is prequalification still useful?
Remember, when someone picks up that phone, you have no idea what is going on in that person’s life or for that matter, office or surroundings. When you get someone on the phone, you’re lucky if they are really even listening, never mind if they will respond positively.
Email advertisements have the same disadvantage. Maybe even more so because people often decide whether or not to delete a message based on your subject line.
Though definitely the more expensive option, snail mail may be the way to go. Getting into the hands of your prospects something that reflects your knowledge, maybe a well designed flyer, might be the difference between getting that customer’s attention, and therefore sale, and just becoming another annoyance in his or her busy day.
There are many ways to find prospects for you business or service such as the online service Hoover or the Gales Directory, which was once considered a necessity for all businesses that employed telemarketers to prequalify. In both cases, leads fitting specific criteria, such as home ownership, can be targeted.
So the next time you spend your time to prequalify leads yourself or spend your money on someone to sit and prequalify leads for you, consider just cutting to the chase and sending those prospects a sample of what you can do for them.
ADA Credential
Yippee! I just finished the ADA Basic Building Blocks certification course and received access to a certificate of completion. There is no certification in the ADA yet but I finished the course and am now officially, uncertifiably knowledgeable

