
Wednesday, 25. October 2006, 06:36:43
FoodForThought
The Chicken or the Egg
by Nan S. Russell
Even before I checked my calendar on Monday morning, I knew the appointment would be there. Passed over for promotion again, Ralph wanted specifics on why I hadn't chosen him for the position. This was not a new conversation. I thought of Ralph as my chicken and egg dilemma. Ralph was the chicken. He believed he would make a great Team Leader, and when I promoted him, he would step up and show me he how well he could lead. My position was that of egg. Prove to me you have leadership skills by demonstrating leadership in the job you have now, and I'll consider giving you the next position.
Here's the question: is it better to do the work, knowing you will ultimately be rewarded for having done it, or should you wait until the reward is there before you do the work? Like the proverbial question of which came first, the chicken or the egg, people differ widely on the answer and run their careers accordingly.
Here's the way I see it - one has more to lose by taking the position of the chicken and waiting for someone else to anoint them, than by being the egg and anointing oneself. If I had waited to be a leader until someone offered me a leadership position, I might still be wishing and hoping for someone to notice me. When I wanted to be a manager, I did the work of a manager by taking on more and more responsibilities. And, I got promoted. When I wanted to be a director, I did the work of a director, without questioning compensation or title. After proving myself, I got the job, the title and the compensation. Same with being a vice-president. Doing the job first, gave me the job.
It's the same now that I'm out of the corporate arena. Take my dream of being a writer. Changing careers after twenty-something years in management, I could have waited to write a column until I secured a writing contract for one. But, why would someone pay me to write without reading my words and knowing I can. Chicken and egg again.
What's works for me has been consistent. When I do the work first, the rewards follow. I think of it like exercising. Doing it gives me better results than thinking about it. No one likes to be called a chicken, so .. be the egg.

Wednesday, 25. October 2006, 06:32:16
FoodForThought
5 Key Marketing Questions
Copyright 2002 Bob Leduc
When you know the answers to these 5 key marketing questions, you can create effective web pages, sales letters and other sales generating communications. The answers to these 5 questions reveal how you can get your prospect's attention and motivate them to take the action you want.
1. Who Do I Want To Reach?
Describe detailed characteristics of your ideal prospect. Be very specific.
Once you clearly define the characteristics your ideal prospect you can develop a powerful sales message appealing directly to their unique interests and needs. Prospects are more likely to respond when they feel you are talking directly to them about their individual needs.
2. What Action Do I Want To Generate?
Decide in advance what action you are trying to stimulate. Do you want to get inquiries for your product or service? Do you want to produce sales directly from your promotion? Or do you want to build a list of qualified prospects willing to receive frequent offers from you?
You can develop an effective promotion in a short time when you have a clear understanding of the action you are trying to generate.
3. What Is My Competitive Advantage?
Identify why prospects should do business with you instead of with a competitor selling a similar product or service. For example, do you provide faster results, easier procedures, personal attention or a better guarantee? If you cannot think of a reason - create one. Add something to your business you are not already doing.
Your competitive advantage can be responsible for fifty percent or more of your sales. Make sure you have one - and don't lose it. Keep checking on your competition and make any changes necessary to keep your competitive advantage.
4. How Will I Prove My Claims?
Don't expect prospects to believe what you say. Make sure you provide proof of any claim you make.
For example, collect and use testimonials from satisfied customers. Provide research data supporting your claims. Get endorsements from experts your prospects are likely to recognize.
5. How Will I Create Urgency?
Most prospects do not respond the first time they see your promotion. Instead, they delay making any response - then often forget about you.
You can convert many of these procrastinators into buyers by giving them a compelling reason to respond immediately. For example, give them a special price if they order now - or include a valuable bonus if they order by a specific deadline.
Tip: Develop a series of 4 or 5 different special offers. Use them one at a time with an expiration deadline. When one offer expires, replace it with the next offer and a new deadline. Continuously recycle through the same series of offers. This enables you to create urgency using special offers without taking time to create new ones.
You need to answer to these 5 key marketing questions before you can create a motivating web page, sales letter or other sales generating communication. The answers to these 5 questions will reveal how you can get your prospect's attention and stimulate them to take the action you want.