Recently, my friend and informal mentor, Larry Winget, posted a fairly controversial blog post entitled, “Passion Has No Value.” When I saw that post, I knew that once again, Larry was going to light some fires. And indeed, after a week and a lively debate on Larry’s site, it seems I was right.
I might have opted into the dialogue on Larry’s site, but I wanted to spend some time with this one, rolling it around in my brain.
My initial gut reaction to Larry’s post was that indeed, passion itself isn’t enough for success. As Larry and I have always agreed, it takes expertise (and other things) to be successful. Ultimately, you’ve got to have the goods to back up whatever you promise, there’s no way around that. If you’ve got passion but no expertise, you can look forward to a short business life, leaving a lot of unhappy clients and customers in your wake.
But…the whole “passion has no value” thing…that’s got me feeling like a doorknob snagged my sweater: I can’t shake it loose.
I admit, I’ve evolved over the last year. I don’t really talk much about “passion” these days. I admit, I have talked about passion’s role in the micro-entrepreneurial business, but I never really felt quite settled about it. Passion is a word that has been overused and misunderstood.
These days, instead of “passion,” I talk about “fervor,” which the dictionary defines as “great intensity of feeling or belief.” Why fervor? Because just about every mega-successful person I know is intense in his or her own way, including (and perhaps especially) Larry. Passion, though, as Larry suggests, is a word that refers to an “uncontrollable” emotion, that frankly, doesn’t have a place in business.
Emotion in general certainly has a role- it’s how we connect with people. After all, people do business with people and emotion plays a role in relationship-building. But uncontrolled emotion (passion) often gets in the way of an open, evolving, questioning mind, a necessary ingredient for success.
I do love working with entrepreneurs and I love helping small businesses grow. But I love the results I get more…and so do my clients.
And even if fervor and intensity are different from passion, they still aren’t enough for success. You can never exclude expertise from the equation. Without the “chops” to back up your fervor, you’ll never be successful (or at least, not for long). Successful business lies in the “sweet spot” that’s found in the cross-section of what you’re fervent about, what you’re really good at, and what sets you apart (the “power triad”).
I assume that Larry would agree with me that even if you’re great at what you do, you still have to find something that sets you apart, something that distinguishes you from the rest of the world (whether you’re an employee or an entrepreneur). Why do I assume Larry would agree with me? I mean…have you seen his boot collection alone? Larry himself has build a successful brand that fuses his unique personality (and fashion sense) with what he’s fervent about (cutting through the nonsense) and what he’s really good at (communicating that “straight shooter” vibe through multiple mediums).
I’ve worked with micro-entreprenuers who set up shop solely under the premise of turning their “passion into profits” and failed before looking for help. I’ve worked with small business owners who focused only on what they were good at, but didn’t enjoyed it and didn’t find much success before deciding to make a change. And I’ve worked with folks in both of those categories who never packaged their business in a way that set them apart from everyone else in their industry, couldn’t reach their audience, and didn’t understand why.
Fervor, expertise, and packaging (or branding) are the first keys in success. They’re not the only keys, but they’re a good place to start.
And as for passion…as Larry suggests, perhaps that uncontrolled emotion is perhaps best left to the personal realm. Passion is what you feel about the things you want to create in your life- the ultimate outcomes like more time with family or creating a feeling of stability, safety, and security. Passion about what you’re working towards is what keeps you motivated…and that does have value.
As an entrepreneur and small business owner, I know you probably struggle with the feeling that you’re never doing enough to grow your business. I know you probably wrestle with time management and getting more clients and customers. I know you probably grapple with knowing how to give your business the boost it needs when you hit a plateau.
How do I know? Because I’ve been working with entrepreneurs for fifteen years, helping my clients face those exact struggles. I talk with entrepreneurs and small business owners every single day who face these challenges and more.
Know how else I know? Because I’m an entrepreneur and small business owner, just like you. Used to be, when I put down a book or walked out of a seminar, I’d wonder, “What now?” I felt like there was something missing.
More than that, I wanted to know what I was missing so I could stop struggling, get out of a plateau, and then share what I had learned with you (and in this webinar, I’m sharing it for free). So I made a list of the most amazing, mega-successful entrepreneurs, authors, and experts, and I interviewed them to get real answers.
After studying the interviews and gathering the “missing pieces,” I discovered seven consistent, clear lessons. I’ve used these lessons in my own business to end my frustration and struggling, and now I’m ready to share…. Go ahead and register- this one’s on me!
Title: “The 7 Lessons of Mega-Successful Entrepreneurs” Date: Tuesday, November 29, 2011 Time: 1:00 PM – 2:00 PM EST
After registering, you’ll receive a confirmation email containing information about joining the Webinar.
System Requirements PC-based attendees
Required: Windows® 7, Vista, XP, or 2003 Server
Macintosh®-based attendees
Required: Mac OS® X 10.5 or newer
P.S.If this isn’t your interest, or you aren’t able to join me, please feel free to share this with your friends, if it’s comfortable for you. This webinar is open to the public!
Lately, in an effort to simplify and cut down on the “noise,” I’ve been culling down my list of people I’m learning from. The list still falls well into the three digits, but I’ve started focusing my attention on a “shortlist” of very cool, very interesting people and companies who have a lot to say about entrepreneurship and small business today. Today I’ve decided to share five of my favorites from my shortlist and tell you why I think they’re so important:
1) Dixie “Dynamite” Gillaspie (@dixiedynamite) Dixie “Dynamite” Gillaspie is the secret weapon behind several of my favorite mentors and recently became my own coach. Dixie is a coach, a consultant, a muse, an adviser, a friend, and she has earned her nickname, “Dixie Dynamite,” at least a thousand times over. She has helped me find myself and is helping me re-design Business in Blue Jeans around the vision that’s most near and dear to my heart. Her blog alone contains so much inspiring insight, but I highly recommend signing up for her e-mail newsletter. Dixie is, in a word, extraordinary.
This one should come as no surprise to any of you, if you’ve been following me for awhile. I make no secret of the fact that I “puffy heart love” Bob Burg and that he’s been one of my absolute favorite mentors for years. John David Mann is Bob’s co-author on books like The Go-Giver, Go-Givers Sell More, and their latest, It’s Not About You. John is “the quiet one” because he’s usually writing, but let me tell you, John, who I met recently, is a fount of wisdom that you must not miss. Both Bob and John are extraordinary human beings who have delivered to us a really beautiful way of approaching business, sales, leadership, and, dare I say, life. If you haven’t read their books, you must. The Go-Giver series really ought to be a part of your success library.
3) Scott Ginsberg (@nametagscott)
Scott Ginsberg, who I also met recently, is a seriously brilliant dude. Fortunately for us, he’s also a prolific writer. Go to Scott’s web site (aptly titled “Hello, my name is Scott“) and you’ll find an insane number of blog posts and articles about all manner of topics, but in particular, Scott’s unique forte, approachability. I have to confess that when I first met Scott, I had heard of him, but didn’t yet know who he was and inadvertently stumbled into asking him silly, inane questions about his nametags (Scott wears a nametag 24/7). What’s cool about Scott and his web site and books is that somehow, he manages to continuously come up with a fresh take on things, even though he’s written more than one can absorb in, I don’t know, like a month of solid reading. (also, Scott’s giving away his new book, The Nametag Principle for free. I’ve been reading it and it’s excellent. For details, visit http://bit.ly/rVJe71)
4) John Michael Morgan (@johnmorgan)
John Michael Morgan is a branding superstar. I bumped into John on Twitter recently when we discovered that we have a ridiculous number of friends and acquaintances in common. So I invited John to hang out on the phone with me last week so I could get to know him, and the guy is insane with knowledge. John lives and breathes branding and marketing- and since I do, too, I can tell you it’s rare to find someone who loves this stuff and thinks about it as much as (if not more than) I do. John’s first book, Brand Against the Machine, just came out and it’s also fantastic.
5) HubSpot (@Hubspot)
Hubspot is a new favorite of mine. Hubspot has been putting out a crazy amount of really solid learning content on inbound marketing. They have a bunch of e-books, articles, and webinars on their site, and so far, everything I’ve read is superb and on-the-mark. From what I can tell, HubSpot is actually a full-service web hosting platform that takes all the web site and blogging tools and combines them with a bunch of marketing tools. I’m not too sure about the platform itself, as I haven’t really explored it enough yet to make an assessment, but I don’t think I’d be surprised if their software is great, considering how as good their content is. Whether you’re looking for a tool like Hubspot offers or not, though, if you want to learn about inbound marketing, these are the people to follow.
In coming weeks, I’ll share more from my list of Awesome Entrepreneurial Superstars. Stay tuned!
These days, anyone and everyone are calling themselves an “expert” and there are tons of business “coaches” who are promoting the idea that you don’t need experience, education, or training to be an expert. So…what is an expert, anyway?
Let’s start with the dictionary definition:
Expert. noun. a person who has special skill or knowledge in some particular field; specialist; authority. adjective. possessing special skill or knowledge; trained by practice; skillful or skilled (often fol. by in or at).
Okay, that gives us a lot to go on.
To be an expert, you must have special skill or knowledge in some particular field.
How do you acquire special skill or knowledge in a particular field? First and foremost, I recommend reading. I’ve read over 3,000 books on small business, marketing, branding, personal growth, success, and profitability. But believe me, it’s not enough just to read. You have to read with a critical mind. You can’t read every single book and think they all contain The Answers. In fact, many books I’ve read contain one or two great thoughts, and the rest of the book simply builds on the theme. Other books have so many gems and wisdom, they tend to look like they’ve been through a war, with all the underlining and dog-eared pages. You have to learn to discern quality and substance, more than anything else.
Second, I recommend training. Take classes and courses in your area of study. I started my career as a web developer and I took tons of classes to acquire the skills I needed to be successful. Later, I taught classes in web development, and believe me, you become an expert very quickly when you teach! When I got carpal tunnel syndrome and had to change careers, I took a ton of training to be a coach. I didn’t take one course and call myself a coach. I took several courses and relied heavily on my Master’s degree in social psychology as well. And when I transitioned in to business consulting, I studied marketing and branding, startup and growth, and worked with mentors who taught me what they knew as well.
And that leads me to the third recommendation: study with the masters. Study with people who have vast amounts of experience in your field. Ask them to mentor you, as I did, and see if they’ll teach you or allow you to apprentice.
To be an expert, you must be trained by practice. In Malcolm Gladwell’s book, Outliers, he shares a number that many of us know: 10,000. 10,000 hours is the number of hours it takes to become a master at something, to be truly proficient. So if you’re a chef, it takes 10,000 hours (or 10 years) to become a master chef. If you’re a violinist, it takes 10,000 hours of practice to become truly proficient. Likewise, if you’re a coach, it’ll take you 10,000 hours or 10 years to be a master (not in title, but in practice). I didn’t call myself an expert in small business until I had 10 years under my own belt. You just need time in the field and lots of practice to get beyond theory and to really know what you’re doing.
To be an expert, you must be an authority. You know, there are lots of ways to become an authority. People all over the net are showing you how to become an “authority” or achieve “expert status” by marketing articles and using strategic PR…but you become a true authority when you have studied and trained and practiced, and achieved credibility and legitimacy. Ultimately, you achieve authority status when you achieve the respect of your peers and of those who have less experience and practice than you.
At the end of the day, anybody can call themselves an “expert.” But authentically, are you really one?
This afternoon I’m interviewing Jack Trout, the world’s leading branding and marketing specialist. Jack and I will be talking about how to make your small business stand out, how to create a brand on a budget, and why coming up with a catchy name for your business just isn’t enough. We’ll talk marketing strategies, positioning, and more!
Join us at 4 PM Eastern Time by joining The Experts Series!
Welcome to March, the month that comes in like a lion!
For every month in 2010, I’m focusing on a theme that’s critical to small business success and talking about that theme in my e-zine, No Suits Allowed!, here in my blog, and with my experts in The Experts Series. In January, we talked about planning your year and your small business. In February we focused on finding meaning and purpose and gaining authenticity, and I interviewed Bob Burg, author of Endless Referrals and co-author of The Go-Giver and Go-Givers Sell More in The Experts Series (if you missed that call and want the recording, you can still download it for free here).
This month my attention will turn exclusively to Branding and Positioning. As such, you’ll see articles all month long on branding and positioning your small business, throughout this blog and my No Suits Allowed! e-zine.
I’m also interviewing Jack Trout, author of over thirteen bestsellers about branding, positioning, and marketing. He’s the author of several of my official small business reference books, including Differentiate or Die and The 22 Immutable Laws of Marketing, and I consider Jack to be the father of modern branding and positioning.
When I was interviewing Bob Burg and mentioned my upcoming interview with Jack Trout, Bob said,
“Jack Trout is one of the seminal masters when it comes to positioning, branding, marketing. This is a guy who is so big and has been for so long, for you to have gotten him to appear on your call says a ton about you. And I hope everybody listening will be on that call next month. This guy is a master and just please, make the time to listen to him.”
I’d like to also announce the launch of my updated six-week teleseminar class, 7-Figure Branding Secrets, where I’ll take you through the exact process that I use with my one-on-one clients to create memorable brands with serious moneymaking potential. I’ll include a Q&A during every single class so I can walk you through your own branding process. More details, including dates and specifics, to come later this week!
Want to know the number one way to get more clients? Simple. Have a large list!
When you have a large list, everything changes. When you communicate with your list on a regular basis, share tips and thoughts, you become an integral part of their lives. As you share with them, they see your expertise and feel your passion. So when they’re ready, they know that they need to contact you. When people on your list need your products and services, they immediately think of you! So how do you build a large list of people who want to hear from you?
Why not attend the World’s First ListBuilding TeleSummit for Coaches and find out what works best for some of the leading names in coaching, including me, Susan Baroncini-Moe, plus Andy O’Bryan, Adam Urbanski, MaryPat Kavanagh, and more?
It’s going on now, 2/8/10 thru 2/13/20, and my interview on why branding is critical to building your list is live today!
As most of you who’ve been following me for awhile know, I started working with branding and positioning years ago. But until I re-branded my own company, I never really understood how fundamental and powerful branding could be. On Jan. 1, 2009, I re-launched my company as Business in Blue Jeans, and in the first three months of 2009 alone, saw an increase of 500% in my business, just due to branding. Since then, I’ve turned the basic principles of branding into an easy-to-follow, 6-step system that I’ve used with tons of clients. Over and over again, this system yields powerful, profitable brands.
I’ve got a few more clients than my schedule can handle, so I finally decided to teach a class to help people get started re-working their brands. Hence, “5 Simple Secrets to Million Dollar Branding: How to transform your company into a memorable, moneymaking machine!”
Here’s what I’m covering in this class:
1) The #1 thing you need to do to start drawing in clients TODAY!
2) My secrets to finding a niche where clients are absolutely clamoring for what you have to offer, and building a brand that draws them in like bees to honey.
3) Exactly how to examine your competitors, and then, believe it or not, forget they exist! (Most of my clients think I’m nuts until they understand this principle, and that’s when they see the genius of it. And don’t worry…you’ll still stand heads and shoulders above the competition!)
4) My 6-step branding system that will help you create your very own million dollar brand. (These are the exact steps I follow to brands for my own companies, as well as those of my clients)
5) The most important mindset shift you need to make before ever creating your brand. This one shook me to the core– this one simple shift can change everything for you!
The call is Wednesday, 10/22 at 4 PM ET. Even if you can’t make it, sign up anyway and I’ll make sure you get an MP3.
