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Don’t state your opinions as facts when in fact they aren’t

January 24th, 2017 by Bob Bly

Recently, I sent an e-mail marketing message to my list offering
one of my audio home study programs.

BP, a subscriber of mine whom I like and respect, was highly
critical of this offer.

In BP’s opinion, “An audio course is reminiscent of platform
shoes, the IBM Personal Computer, and when the Bee Gees were all
living” — implying that audio products are somehow old school and
antiquated.

A simple Google search would in an instant show BP that his
claim of audio being old hat is completely wrong.

According to the Audio Publishers Association (APA), audiobook
sales in 2015 totaled more than $1.77 billion, up nearly 21% over
2014.

Also in 2015, 9,630 more audiobook titles were published than in
the previous year — bringing the number of audiobooks published
in 2015 up to 35,574.

I can also speak a bit from personal experience, not just
third-party Google research.

In my tiny online business, CTC Publishing, we have grossed
hundreds of thousands of dollars selling how-to information on
audio.

The take-aways from BP’s brash, subjective, and uninformed claim
of audio information obsolescence:

1–Google makes it so quick and easy to do some research, you are
being foolish if you do not take a few minutes to get the facts
before writing or speaking on a topic.

2–Don’t give subjective opinions on topics that have factual and
undisputable answers. Want to debate with your friends about
whether Trump will be a good president? Feel free. Want to
convince me that TV psychic Theresa Caputo can speak to the dead?
That’s a tougher position to defend, given there is no scientific
evidence supporting the existence of the afterlife.

3–Don’t defend so many of your positions so rapidly and
vehemently. We are not always right. We are often wrong. That
includes me. And you.

In his best-selling Spencer novels, the late Robert B. Parker
said of Spencer’s sidekick Hawk: “Hawk always knows what he is
talking about. Not because he knows everything. But because he
only talks about things he knows.”

My version: Don’t proclaim your opinions to be facts unless your
certainty is 99.7% or higher. That purple is a color is a fact.
That purple rugs are beautiful is an opinion.

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Category: General | 125 Comments »

Do you sweat too much of the small stuff?

January 18th, 2017 by Bob Bly

On January 7, 2017, a gunman opened fire in the Fort Lauderdale,
Florida airport killing 5 people in the baggage area.

What makes this personal for me is that my mother and her
boyfriend were standing in that same baggage claim in the same
airport one week earlier.

Many people, and I am one of them, complain too much over minor
things.

For instance, I lose my cool when the traffic going into NYC is
at a standstill or my Internet service goes down for 20 minutes.

Yet if my mother had left for Florida a week later, she might be
dead today.

Global terrorism has made it clear that whoever said “don’t sweat
the small stuff” had it right.

The week before my mom went to Florida, I was in an automobile
accident that totaled my car — on Christmas Eve.

Fortunately, I was not seriously hurt — not a scratch on me,
though I had some bruises.

Was I upset that my car, which I loved, was destroyed?

No, because after all, it’s just a car.

I have no doubt that some other people had car accidents that
same evening — and were seriously injured or even killed. Game
over.

So complaining over the demise of a 2008 Prius seems to me rather
silly.

Not being a natural Pollyanna, I feel funny saying this, but it’s
true: any day you wake up healthy, with food to eat and roof over
your head, in a house with working heat, is a good day.

I close with this Scottish proverb quoted by David Ogilvy: “Be
happy while you’re living, for you’re a long time dead.”

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Category: General | 69 Comments »

The gold mine hidden in your files

January 16th, 2017 by Bob Bly

There is hidden gold in content you have already written.

For most writers, that content sits idle in file cabinets and on
hard drives — wasting away and not earning them a dime.

Except, in the explosive information marketing industry, content
owners can now generate thousands of dollars of additional
profits from content they already have!

For instance, over the years, I developed many documents used in
my freelance writing business — model letters, client agreements,
checklists, press releases, invoices, and so on.

One day, I said to myself, “Why not sell all these documents,
which I already have and are proven to work, to other copywriters
and aspiring copywriters as an e-book?”

It took me only 2 hours to assemble these documents, all sitting
on my hard drive as Word files, into an e-book manuscript.

I gave the manuscript to a graphic artist to design a cover and
the interior pages, and turn it into an e-book with the title
“The Copywriter’s Toolkit,” which he did for $200.

Result? To date, we have sold 2,317 copies generating $117,663 in
gross revenues — all from content I had already written.

And you wonder why so many people just love online info
marketing!

3 tips I give to writers and others who create intellectual
content that can help you sell your words and ideas over and over
again, quickly and affordably, online:

1–Keep everything you write, published and unpublished, with
clearly labeled files in easy-to-remember directories and
subdirectories. You have to know where your content is stored and
be able to retrieve it in electronic format quickly.

2–Same goes for speeches, seminars, workshops, lectures,
webinars, podcasts, and the like; make sure it is recorded and
you get a master of the mp3 or mp4 file.

3–Retain all rights to your written and spoken content. Negotiate
this with the producers and publishers if not offered
automatically.

One way to do this with written content: Type the words “first
rights only” in the upper left corner of every article you submit
to a magazine, newsletter, or web site. By doing so, you retain
the right to use it as you wish once it appears that publication.

Content creators who either give up the rights to their material
or do not save and store it properly for easy retrieval are
throwing away the potential fortune hidden in their “content
goldmines.” Remember, I made over $117K selling a bunch of
documents, forms, and letters I had already written — creating
nothing original for my Toolkit!

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Category: General | 72 Comments »

How far would you go to close a $29 sale?

January 5th, 2017 by Bob Bly

A few weeks ago, subscriber MP told me she read someone else’s
book on information marketing, followed the advice, and it did
not work.

And then she asked me, “How is your material any different?”

It sounds like a reasonable question, but I refused to answer it,
telling her “I have no interest in convincing you to buy my
material.”

You might think me rude in my reply, but I said it politely.

And there are three reasons why when anyone asks, “Why should I
buy your course instead of Mr. X’s?” I do not take the bait.

First, in most instances, I have not seen the competing product.

So how can I say how mine is different than that one
specifically?

(In MP’s case, I had not read nor even heard of the book she had
read.)

My usual response is to tell the person to read the sales page
describing my course.

That gives you everything you need to make an intelligent
decision about buying the product.

And then, you either buy it or you don’t.

I’m OK either way.

Also, I am not that sympathetic with people who are worried that,
after buying my info product, it won’t meet their needs.

That’s because I offer an unconditional 90-day guarantee of
satisfaction.

So there’s no risk to the buyer of any kind.

If they listen, watch, or read my info product and return it,
they get a prompt refund.

And they keep all the knowledge they gained — for free!

In essence, I am the one who has in a sense been “cheated.”

Because I have moved all the risk off the buyer’s shoulders and
onto mine.

But I don’t mind. That is the cost of doing business.

And if they can’t even pull the trigger on a $29 ebook with a
money-back guarantee and therefore ZERO purchase risk, well …

Then they probably don’t have the cojones do whatever business
the ebook teaches — so they are wise to walk away.

>> Second, there is the question of ROTI — return on time
invested.

Let’s say — although I charge by the project for my services, not
by the hour — it works out that I earn at minimum $250 an hour
working for my clients.

That’s about $4.17 a minute.

So if it takes me 10 minutes on the phone with MP to answer her
questions, I have spent almost $42 of my time to sell a $29
product — a net loss for me of nearly $13.

>> Third, I have no desire to be a “dancing monkey.”

A dancing monkey is a seller who will jump through hoops — and
say and do anything — to get the order.

There are a couple of reasons not to be a dancing monkey.

The first is: it’s a bit degrading and humiliation — comes close
to begging at times.

Second, it risks alienating many potential clients or customers.

That’s because many prospects are turned off by vendors who seem
desperate and in need of the money.

People would rather buy from someone who is busy and successful,
not someone who is needy and hungry.

Also, when it comes to info products, mine are reasonably priced
— many have said my prices are extremely low compared with others
in my markets.

So I have done my bit to help people improve their lives and
businesses at a fair price that doesn’t gouge them or break their
bank account.

And combined with the unconditional 3-month free trial I offer on
every info product I sell, my conscience is clear … and I sleep
well at night.

MP later wrote back saying, “I will buy it.”

Why?

I told her my bio and testimonials, which are on the sales page
of every info product I sell (see for example
www.theinternetmarketingretirementplan.com), should convince her
or not.

“I guess years and clients have proven you are right,” she
replied. And clicked the order button.

Now, there’s a copywriting lesson here, and it is this:

On your web sales pages, put the credibility right up front —
starting on the first screen.

Reason:

If your credentials are way into the copy in a long sales page,
the reader may never scroll that far down and see them — and
therefore, not buy and click away before ever discovering them.

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Category: General, Success | 83 Comments »

Why I am an “Essentialist”

December 30th, 2016 by Bob Bly

In his best-selling book “Essentialism: The Disciplines Pursuit
of Less” (Crown Business), Greg McKeown preaches his philosophy
of Essentialism as the path to having a better and more rewarding
life.

After reading it, I am a born-again Essentialist!

The core idea of Essentialism is, in McKeown’s words:

“There are far more activities and opportunities in the world
than we have the time and resources to invest in.

“And although many of them may be good, or even very good, the
fact is that most are trivial and few are vital.

“Only when you give yourself permission to stop trying to do it
all, to stop saying yes to everyone, can you make your highest
contribution towards the things that really matter.”

If you know people who pursue a primary goal, activity, or
mission with laser-like focus — whether it’s building a business,
mastering the violin, or accumulating wealth — they are almost
surely, with rare exceptions, Essentialists.

If you know people who volunteer for everything, have a calendar
filled with diverse activities, pursue a dozen hobbies and
interests, and volunteer for every committee in every worthwhile
organization under the sun — I can virtually assure you that they
are not Essentialists.

I only came across McKeown’s book a couple of months ago. But I
have been an Essentialist my entire adult life.

I focus, to the exclusion of almost everything else, on just the
few things that matter most to me — my business and my clients,
writing, and my family.

Yes, I would like to do more. But as McKeown correctly points
out, our time, attention, energy, and bandwidth are shockingly
finite.

So if you try to do everything, you accomplish — and get good at
— almost nothing.

“The overwhelming reality is: we live in a world where almost
everything is worthless and a very few things are exceptionally
valuable,” McKeown writes.

“We can choose how to spend our energy and time. We can’t have or
do it all.”

He quotes John Maxwell: “You cannot overestimate the unimportance
of practically everything.”

Marcus Aurelius says it this way: “If thou wouldst know
contentment, let thy deeds be few.”

The way I put it is this: If you are someone who is “all over the
place,” you will never really get to the one place you want to
go.

The key to Essentialism is laser-like focus on one or two things.
Steve Martin said:

“I did stand-up comedy for 18 years. Ten of those years were
spent learning, four were spent refining, and four were spent in
wild success. The course was more plodding than heroic.”

I have always described myself as a plodder, too. If you write,
as I have, 12 hours a day, 5 days a week for more than 3 decades,
you can’t help but get better at it!

My Essentialism does not mean I make zero contribution to
worthy causes outside my small number of core activities.

But I do so in the most time-efficient manner — by donating money
rather than my time to these worthy causes.

By focusing just on my business, I make more money … which in
turn enables me to make bigger contributions to curing cancer,
feeding the hungry, and other things that are important but that
I do not have the bandwidth to participate in directly.

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Category: General | 110 Comments »

The 10 Undeniable Truths of Business Communication and Success

December 2nd, 2016 by Bob Bly

1–Short words are better than long words.

2–Old words are better than new words.

3–Simple ideas are better than complex ideas.

4–Ideas are a dime a dozen — everyone has them, all the time.

5–Ideas without action are worthless.

6–Action creates business success, yet 99% of people never act on their ideas.

7–If you create a base of 10,000 loyal fans who each spend a hundred dollars a year with you, you will gross a million dollars a year.

8–You do not need a lot of money to launch a successful business today: the low cost of doing business on the Internet reduces your risk to easily manageable levels.

9–If you do not have a lot of money to launch your business, then you must invest a lot of your time to make it happen. You cannot start and build a successful business with neither time nor money –you need one or the other.

10–Your customers may like you. But ultimately, they care about themselves, as they should — not about you and your business.

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Category: General | 73 Comments »

The paradox of underfunded vs. well-capitalized clients

November 29th, 2016 by Bob Bly

Are rich people who spend a lot of money with you often prima
donnas who are demanding and impossible to please?

From what I’ve seen, this is sometimes true in the world of
consumer marketing, whether at a luxury resort, 5-star gourmet
restaurant, or exclusive London men’s shop selling bespoke suits.

But in business, I have found quite the opposite to be true —
the more money a client spends with you, the more respectful,
polite, and easy to work with they will be … because the more
they value you.

The converse is also true: the client who talks you down in
price and gets you cheap turns out to be the most difficult,
demanding, hard to deal with, and impossible to please.

My theory as to why this should be so is as follows….

If the client with deep pockets is an entrepreneur, part of his
success is that he takes pains to treat people fairly and with
respect, so they in turn will like him and give him their best
work.

And if your client is with a big corporation with deep pockets,
then he is usually a full-time professional marketer, and he
knows how to deal with vendors in our field — and has the budget
to afford them without undue hardship.

On the other hand, some entrepreneurs with shallow pockets often
haggle over your price, not because they are jerks, but because
they are on shoestring budgets.

They also question what you do at every step. Not because they
want to be picky or difficult.

But because they desperately need their marketing campaign to
work, inexperienced clients may find it difficult to let go of their
own judgment in favor of an expert’s, like yours.

Therefore, the well-heeled clients with big budgets who pay
generous fees are so often the easiest and most cooperative to
work with … while the tiny accounts who have to watch every penny
can sometimes be difficult, demanding, and contentious.

Are there exceptions to all this? Of course. I write copy for a
number of small businesses whose owners I am incredibly fond of.

But overall, the generalizations I just made turn out to be true
more often than they are wrong.

Do you find they hold true in your business as well as mine?

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Category: General | 100 Comments »

Confessions of an aging workaholic

November 23rd, 2016 by Bob Bly

I have always been a workaholic, putting in on average 12 hours a
day, 5 days a week, plus a few more on the weekend if the mood
strikes me.

As I rapidly approach my 60th birthday, some people ask how I am
able to keep up this level of productivity and hard work at my
advancing age.

There are 3 simple secrets that keep my reasonably respectable —
though not stellar — productivity intact:

FIRST, for it to be tenable, I have to love what I do — and I
always have.

If you hate your job, as so many 9 to 5 wage slaves do, then you
want to get out of the office or plant as soon as the five
o’clock whistle sounds, go home, pop open a cold one, and watch
the boob tube.

On the other hand, if your work is so fun that it feels like a
hobby rather than a job, as I do, you never want to leave your
desk!

SECOND, because of my waning energy, I can still go full steam
for 11 to 12 hours a day — BUT ….

… as soon as I am done for the day, I collapse into my favorite
easy chair in the living room where I read a ton of stuff —
business books, science books, history books, novels, the New
York Review of Books, and the Star Ledger.

Or, if I am so pooped I can’t concentrate on reading a book or
the paper, I mindlessly channel surf until I find a cheesy SF or
horror movie like Final Destination or Wrong Turn or one of their
endless sequels.

(I think they’re already up to Wrong Turn 8 — the Musical.)

THIRD, I do not go out on weeknights, as my father did at least
two nights a week — bowling, poker, B’nai B’rith — but stay in
and go to bed early every night.

I strongly believe Michael Masterson, Brian Tracy, and others who
say that many (not all) people who are dedicated to their work
need at least 8 hours of sleep a night.

I have quoted Noel Coward many times in these essays, who said,
“Work is more fun than fun.”

I could not agree more.

Leisure time was most precious to me years ago, when my kids were
younger and wanted to do things with us. But now they are in
their 20s and have their own lives. Sigh.

My advice to all parents: spend time with your kids when they are
still young and still want you. They will age out of that in a
blink of an eye.

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Category: General | 180 Comments »