Coaching for Internet Marketing Entrepreneurs

Death of the Corporate Monolith

Thursday, September 2nd, 2010

I’m often asked, "What’s your business strategy?" and thought I would answer it briefly here. I’ll take the problem/solution approach in the hopes of simplifying the answer.

The Problem is that most businesses (small and large) have failed to grasp the imperative of establishing and maintaining a relationship with individuals. This is important because the days are gone when you can present yourself as a corporate monolith and expect people to be attracted to you. Perhaps you’ve heard the age-old and oft-repeated notion that, “People don’t do business with companies, they do business with people.” That seems obvious but judging from the way most companies present themselves, you wouldn’t think it’s widely recognized.

Not only do people do business with people, they do business with people they know, like and trust (hat tip: Bob Burg). If that’s true (and I think it is) then the goal of your web presence should be to give people the opportunity to know you (as a person), and reasons to like and trust you. (more…)

Why Be an Expert?

Monday, April 26th, 2010

Why does it matter if I’m perceived as an expert?

The best answers to this question is found in a great training series by Rich Schefren that teaches you how to: Become an Instant Expert.

The short answer to the question is that, by establishing yourself as an expert, you are building your personal brand. If you had to list what’s important about a brand, what would you say? Perhaps your list would include some of these benefits:

  • differentiate yourself
  • develop a reputation as trustworthy
  • seen as a reliable source of information
  • obtain a status among peers

While all those things are important, the primary purpose or benefit of a strong brand is that it reduces your selling costs. You don’t have to work nearly as hard to get your message out and persuading people to buy becomes much easier.

Rich covers the topic in much greater depth and I highly recommend the program. And, oh-by-the-way, he’s one of those people with a strong personal brand. It’s worth the 47 bucks just to watch how he cultivates his brand.