Transcript
WEBVTT
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A relationship with the right referral partner
could be a game changer for any BEDB
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company. So what if you could
reverse engineer these relationships at a moment's notice,
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start a podcast, invite potential referral
partners to be guests on your show
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and grow your referral network faster than
ever? Learn more. At Sweet Fish
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Mediacom you're listening to be tob growth, a daily podcast for B TOB leaders.
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We've interviewed names you've probably heard before, like Gary vanner truck and Simon
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Senek, but you've probably never heard
from the majority of our guests. That's
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because the bulk of our interviews aren't
with professional speakers and authors. Most of
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our guests are in the trenches leading
sales and marketing teams. They're implementing strategy,
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they're experimenting with tactics, they're building
the fastest growing BTB companies in the
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world. My name is James Carberry. I'm the founder of sweet fish media,
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a podcast agency for BB brands,
and I'm also one of the cohosts
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of this show. When we're not
interviewing sales and marketing leaders, you'll hear
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stories from behind the scenes of our
own business. Will share the ups and
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downs of our journey as we attempt
to take over the world. Just getting
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well, maybe let's get into the
show. Hello and welcome to the BB
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grows show, monthly book talk.
I'm Douglas SPURREDEAD, hosts to the marketing
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book podcast, where each week I
published an interview with the author of a
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new marketing or sales book to help
my listeners succeed in the quickly changing world
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of marketing and sales. Joining me
is my friend James Mure, author of
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the perfect close, the secret to
closing sales, the best selling practices and
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techniques for closing the deal. In
this monthly episode of the BB Growth Show,
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we recap some of the key ideas
from the marketing sales books that were
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recently featured on the marketing book podcast. I read every book featured on the
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Marketing Book Podcast, but James Reads
even more books than I do and he
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listens to every episode of the Marketing
Book Podcast. So I'm delighted that he
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can join me and if either of
US can recommend any marketing or sales books
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or other resources for whatever situation you
find yourself in, please feel free to
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connect with us on linkedin where we
can chat and we'll do our best to
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point you in the right direction and
try and save you some time. James,
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welcome to the B Tob Growth Show, book talk. Thank you,
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Douglas, and that, course,
that's how we met, because I listen
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to every single episode of the Marketing
Book Podcast. So and I appreciate your
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listenership. It's one of my favorite
shows, hands down. No no no
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BS. So in this episode we're
going to talk about five recent books featured
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on the marketing book podcast and those
are non obvious mega trends. How to
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see what others miss and predict the
future by Rohit Bargava. FANNOCRACY, turning
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fans into customers and customers into fans, by David Merriman, Scott and Rico
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Scott. The will to die,
a novel of suspense by Joe Polizi.
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Alchemy, the dark arts and curious
science of creating brands, business and life
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by Rory Sutherland and finally, performance
partnerships. The checkered past, changing present
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and exciting future of affiliate marketing by
Robert Glazer. So onto the books,
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and first up we have non obvious
mega trends. How to see what others
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miss and predict the future by Rowe
hit Bargaba becrise. He's been on the
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show a few times now and and
this book is part of that non obvious
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trends series, of which I'm a
fan, and this kind of busbook kind
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of goes one step further in,
you know, telling us how we can
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spot our own trends. So tell
us a little bit about non obvious mega
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trends. Yes, well, interestingly
enough, row hit is the one and
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only member of the marketing podcast five
timers club now and there is one,
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an other guy, Mark Sche for, who's the one and only member the
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six timers club. But row hit
has been catapulted to the to the top.
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They're because for several years he was
always the first guest each year because
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his book would come out about the
what all the trends were that friends are
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yeah, so now what he's doing
here, though? Is he going to
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stay in that line of work?
But he's not going to have a book
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every year. And also, I
think it was a lot of the retailers
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were like, well, you're going
to come out with another one. Why
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should we buy these? So but
his book is already a Wall Street Journal
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and USA Today Best Seller. And
basically what he does is in when he's
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done this for years, is he
is a careful observer. He and his
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team actually they observe all these interesting
things that are going on, all these
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things that could be part of a
trend, and then what they do is
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they are able to see which trends
seem to be picking up velocity, so
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the ones that are starting to take
off, and those become sort of the
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mega trends, and it's very interesting. And then the other thing that's just
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amazing about what he does is he
goes back in grades himself. He goes
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back ten years saying here's where I
got it right, and his grit his
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it's interesting because his his ability to
spot these trends is only getting better and
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better. It's almost like machine learning, and so there's always very interesting trends
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there. And, as I once
said a couple years ago, you know,
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his book reminded me of how,
you know, when my kids were
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growing up, I would never notice
that they were growing up because I was
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there every day, but then somebody
would come along who'd may be only seen
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them once a year and they'd say, wow, they've really grown because the
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same sort of thing reading his books
where I'm reading about lest things that I
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probably heard about but I didn't realize
that they were, for lack of a
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better term, a thing. And
once a year you read his book and
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you start to realize, wow,
this, this is really starting to become
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much more significant. And he shows
you how to spot trends and he also
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skewers a lot of the Charlatan's that
claim to be talking about trends, and
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it's really bad at the end of
each year where they say, Oh,
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these the top things for next year
or these were the biggest trends this year,
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and he shows how most people doing
that are trying to sell something.
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Like if you're in the drone business, you're going to say this was the
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year of drones. The yeah,
we gotta blast those guys. Yeah,
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yeah, so it made me smarter
about observing what was going on, very
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selfserving trends. Yeah, yeah,
so it makes you a little more,
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you know, skeptical, and he
talks about how it's important to understand the
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difference between a trend and a fad. So a lot of people mistake fads
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as trends. Like I said earlier, it's a trend if it's actually picking
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up velocity, picking up ahead of
steam, if it's a fat if it
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comes and goes. It's really very
interesting how he does these things. But
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one of the most interesting things in
the book, and I've seen traces of
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this and other books that I've read
for the show, is he talks about
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this human mode and in this increasingly
digital, you know, somewhat in personal
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world, the power of authenticity is
becoming even more important and powerful and he
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talks about the importance of showing vulnerability
and unperfect and humans are looking for vulnerability
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and on perfection. So one of
the worst things you could do is to
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try to peer too slick, too
polished. It's just too suspicious and this
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kind of goes against the grain of
a lot of businesses that want to seem
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perfect in perfectionistic. One of the
other trends that he talked about that was
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so interesting is what he calls at
tension wealth, where I don't think a
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lot of companies realize that, as
I jokingly say, sometimes you know your
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company's business message is competing with cat
videos. You know, you know what
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I mean. There is so much
this fighting for our attention, much more
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so than a few years ago.
So this at tension issue is seems to
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be a real blindside for a lot
of companies. So they don't realize that
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people are interested in what they have
and then it's just getting harder and harder
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and harder to get and keep people's
attention. Agreed, and he he actually
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goes to the one step further and
kind of gives some suggestions on how to
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leverage those particular those two trends that
you just gave about, you know,
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being more human, using more human
language. It's okay to be flawed as
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long as it's authentic. And then
on the tension wealth area, you know,
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talking about storytelling and how you can
use that to get their attention,
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how you need to do it in
a way that people can see themselves in
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the story. And then kind of
on the Cotel that one was the trend
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of trying to help people to figure
out what they should be paying attention to
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right now. Give me a tool
that helps me. Oh, if you
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like this, you will also like
this other thing. But that was an
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interesting way of leveraging that particular trend. Yeah, and curation is a strategy.
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The UES, I mean even like
this marketing book podcast where it's helping
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people to decide what books they want
to read or what toxics they want to
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learn more about, which, of
course, puts the pressure on me.
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Here you are, your leveraging the
trend right now. That's right, that's
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right. So it's like, oh
my gosh, now I have to really
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well because there's so many books that
now come in. I have to there's
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tables of books down. I'm having
such a nice problem to have because we're
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started. When I started a podcast, I didn't think that there were fifty
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two marketing books written per year.
Evidently there are. There's there's a lot
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of them. So that, yeah, nice problem to have. So so
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this this book goes further into trying
to help you understand and how to spy
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your on trends. He gives a
bunch of different methods in there. We
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probably don't, with five books today, have time to go through all those,
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but you know, his one takeaway
with this was be more up and
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minded. Right, read things that
you wouldn't normally read, because that gives
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you exposure to sources, and that
tied right into his one thing that readers
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can do, which is read magazines
that are aren't not necessarily targeted at you,
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because that gives you exposure to these
other things. So I love all
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of her hits books. This book
is no exception. I thought it was
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a great read. Yes, all
right. Next up we've got fedocracy,
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turning fans into customers and customers into
fans, by David Merman Scott and his
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daughter Rico Scott, and this book
is from the Patron Saints of the Marketing
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Book Podcast. So tell us why
you call David Merman Scott the patron saint
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of the marketing book podcast. Okay, so quick backstory. There are two
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books that have had the biggest impact
on my career, my working life,
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and everyone has one, you know, a couple of these books where you
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read the right book at the right
time, and one of them was Ogilvie
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on advertising, which I read back
in the s after I got out of
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the army and I said, holy
cow, that's what I want to do,
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I want to go into advertising,
and I did. So I stayed
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in advertising for a long time and
then I started to realize the whole advertising
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world was changing permanently and kind of
like we were just talking about in terms
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of everyone can be a publisher now
there's lots of things trying to get our
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attention. There's no more captive audiences
and I thought, oh my goodness,
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this whole advertising thing that I really
enjoyed, it's all going away. So
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I read some books and I finally
stumbled upon his book the new rules of
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Marketing in PR and it was the
first edition and I looked at that and
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I thought Ah, that's where everything's
going and I felt like that's where I
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want to go and that's, you
know, I guess, second bite at
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the Apple. So I read that
book and became a big Fan of his
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and then I got to meet him
at a couple of conferences and I got
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an autograph copy of his book and
he has six editions of that now.
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It's been out for over ten years
and it's in like twenty nine languages and
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it's like the one book I often
recommend for people they're trying to get a
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handle on modern marketing and sales.
So when I sided I wanted to start
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this marketing book podcast, I asked
him if he would like to be a
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guest and he said yes and he
was the first guest. But did he
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know he was the first guest?
No, he didn't. Actually he's.
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So we did the interview and after
the interview he said this is a this
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is a good interview, Douglas.
Of course I it was a different book,
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but I had read his book and
ask the questions about it because it's
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a really good interview. He said, how long have you been doing this
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and I said that was my first
interview, and so he was very nice
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by that as well. You did
a great job and I think it's going
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to work out for you. And
so, anyway, whatever I started interview,
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I've always thinking about the kind words
he said and then I've interviewed him
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of four times now about other books, books he's written. So that's why
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he's the patron saint of the marketing
book podcast and he's very supportive and has
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tremendous books and I'm you know,
my life is better because I have studied
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his books and actually I think his
seventh edition, that book is coming out
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in the year two thousand and twenty
and I believe it's going to be over
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like her on, five hundred pages. Holy smokes. Well, well deserve
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as the fantastic book. Yeah,
you know, for anybody on that might
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be listening, it just a two
year horn. So for you that maybe
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hasn't heard the podcast, you know
Doug is absolutely the best interviewer. He
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reads every single book, he knows
the content of the book from top to
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bottom and every single interview is unique. He's not following a formula. So
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in the insight that you get from
every interview is really unique, and that's
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what attracted me to your podcast at
from the very beginning. It's the quality
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is just off the charts. It's
really the best if you're interested in sales
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and marketing books. Is really no
better podcast. So there I touted your
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Harn for you. Thank you,
I appreciate that and I'll send the check.
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All right, let's let's talk a
little bit about turning fans into customers
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and customers into Fantas fannocracy. So, yes, so it's a little about
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the book. He wrote it with
his daughter, WHO's a med student,
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and what they're talking about in the
book is that it's not enough to have
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loyal customers. Now, well,
it's good to have loyal customers, happy
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customers, but the most successful companies
are the ones whose customers become fans,
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like raving fan, and they talked
in the book about how to go about
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doing that, and it's again another
book he's written. It seems kind of
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counterintuitive, but then you read the
book in your you realize he gives all
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these examples of companies that have not
just customers but fans, and it's in
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all different lines of all even products
that people might think are boring. He
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talks in the book about how people
are becoming increasingly isolated and they're able to
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build a sense of community by connecting
with other people who do similar kinds of
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things. In fact, in the
interview we laughed because I had taken a
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picture of the book as I was
reading it and you happen to see that
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I had headed on my lap and
my I was wearing camouflage pants and there
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was a rifle off to the side, and he thought that was very funny
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because I was a fan of hunting
and I happen to be reading it while
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I was hunting. And just so
anyone knows, I didn't get any deer
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last year because I'm reading these books
in the deer stand. So the dare
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how looking for dear? Yes,
I'm not looking for deer, so I'll
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look up or whatever, but as
I'm sure I know that I've missed some
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because I start reading these books and
I'm thinking, well, you got to
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sit there for hours and hours.
I'm thinking, you know, I'll all
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see it if it comes by out
of the corner of my eye. No,
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dear. So, anyway, the
marketing book podcast is Saving Wildlife.
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So, but he talks about the
idea of people becoming big fans of companies
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and it's because the companies are able
to shine the light back on on the
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fans and what customers are really interested
in, the greed. And so he
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offers some keys in the book right, about being personal, about having empathy,
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which we've heard in some other,
you know, good marketing books,
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understanding your customer, having curiosity in
your customer, a little talk about proximity,
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being close to the closer aread of
your customer, the more human that
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connection becomes. Yeah, and live
events can play a bigger role than people
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realized. Yeah, I thought,
I'm all of that was fantastic. And
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now the part that I thought was
interesting on the podcast, as you guys
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debating gating content. Yes, yeah, sure, sure, so a I
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the joke was that I said we're
going to talk about religion now, because
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in the book he talks about how
some in the marketing world there's you know,
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should we it's like a religious debate. Should you put all your content
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behind a form and require people to
fill it out in order to get the
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content, or should you share it
freely? Well, he's always been a
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big proponent of just sharing it freely. And now, from a search engine
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optimization standpoint, for people that are
familiar with pillar pages and all that sort
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of thing, it actually works better
for the searchingsines to find all that.
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You can still generate leads, but
now it's sort of like your content should
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almost be like a book store where
people can check it all out, they
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can look at it all before they
decide to buy it and give you their
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email address, because people all these
studies I see people are less and less
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inclined to share email addresses now to
get content. So you know. But
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the joke is it's almost like creationism
versus evolution when it comes to when it
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comes to marketer. But the fact
is you need to balance your desire to
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generate the lead capture the email address
with the fact that people are increasingly less
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interested in doing that. Agreed.
Yeah, and he did to come up
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with the hybrid way and there right, get the content first and if you
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like the content then give me your
email address. kind of a way of
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doing it. But yeah, he's
he's act only on the non gating site,
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the content on the side of the
formula there. So anyway, I
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thought that was a great that's the
and that your conversation on the podcast actually
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was as good as the content.
That's right in the book on that.
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Well, thanks you. He's the
way up high on the Douglas spurrenet man
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crush list, and I just everybody's
crush list, right. Yeah, and
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and you know he was a model
when he was younger. So I'm just
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that I did not know that.
All right, pay in Japan. He
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was a model in Japan. Yeah, I'm getting the Google search out now.
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Yeah, so, anyway, that
was just another interview. I just
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love to being able to do it. So yeah, so one takeaway for
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him on this one is fandoms not
just for musicians and athletes, has for
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everybody, and the one thing that
you could do is just recognize that being
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passionate about something is actually infectious,
and so be openly passionate about whatever you're
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passionate about. So great book,
definitely worth the read. The next up
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we've got the will to die,
a novel of suspense by Joe Plezzi,
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and now this is kind of a
unique type of book for your show.
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He's been on the show several times
now, right, and this is looks
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he's a member of the marketing book
podcast for Timers Club. That's right.
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So I think he's getting the the
Taco Bell Bonus at this point at any
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Sandusky Ohio Taco Bell. Exactly.
Sorry. So tell us a little bit
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about the will to die. This
is a unique s men. Okay,
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so it's a murder mystery and here's
how it ends. No, I'm kidding.
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I want the no spoilers. That's
right. In fact, when we
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talked about the book, but we
didn't talk too much about the book because
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it's a mystery and people's treaty.
Yeah, but it's a it was a
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really interesting murder mystery. Now he's
written several marketing books, content books.
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He's the founder of the Content Marketing
Institute, started content marketing world and very
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smart guy and just as nice as
he is smart. And he sold Content
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Marketing Institute to another company and still, you know, connected with him.
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Helps out. But he decided he
wanted to write a novel, a murder
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mystery, and he said the reason
why is because that would be the only
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thing his wife would read, because
we get our attention. Yeah, isn't
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it a strange, James, what
we will do? And I don't we
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both been married a long time to
our wives and we're still trying to impress
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them and it doesn't work. But
why hasn't any of my books either Sayeah,
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okay, all right, we should
start a support crew for you guys.
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But so he wrote this book and
it was about a murder mystery in
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Ohio and it was a guy who
was a owned a marketing agency and his
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father passed away and then he started
to realize there was something going on in
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the town of Sandusky were his he
was from, his firm was in Cleveland.
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And what was also interesting was that
Joe released this as a free audio
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book on Itunes. Yeah, first, and then in the spring of two
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thousand and twenty he is going to
then sell, start selling the kindle version
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and then in the summer of two
thousand and twenty he's selling the hard copy
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of the book. But he's did
it kind of backwards because he's building his
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audience, he's trying to get his
fans, his followers, a pool of
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them growing, and he's going to
start writing more of these books about this
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main character whose name is poloit.
So it was sort of an interesting content
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marketing play there, where he's trying
to build the audience before he's trying to
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sell anything, and he actually wrote
a book about that, called content ink,
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about all these companies that actually started
with content and they built audiences and
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then their audiences told them what they
wanted. He said content Marketingsto was a
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perfect example where they thought they were
going to be like a kind of like
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an Ebay for content people who needed
content writers and all that, and they
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realized just wasn't working. He almost
closed it. But what all these people,
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because they produced so much content,
they were saying, you know,
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what we want is events, we
want training, and so they were like
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Oh okay, well, let's pivot
the business and do that. It's become
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very, very successful, and so
or the one example of that too.
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Yeah, so that's that's what he
did, and so when he said Hey,
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can I come back on the show, and I was very excited to
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hear from him, and I said
yeah, I said, well, can
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you see me to copy the book, because I always read the hard copy
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of the book and mark it up
and because no, x, there's no
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hard copy yet. And so I
listened to it. It was the first
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audio book I'd ever listened to and
I know that you listen to a lot
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of audio books. I do,
and I don't know that I'm going to
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listen to an audiobook again unless I
have to, because I just you well,
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you have to pay such close attention
because when I'm reading the book,
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I can make sure I can you
know, I follow every little detail and
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you know it is. So it
is very different experience for me. I
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think a lot of people listen to
audio books and that's it and that's a
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great thing. So what we did
talk about in the interview were some really,
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really big trends in content marketing,
the content marketing world, based on
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a big keynote he gave, and
there were a couple that I wanted to
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mention that I think would be very
helpful for listeners to this show, the
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BB gross show, and he talks
about know to be successful at content marketing
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and he's seen this a zillion times
and I think that's a real number.
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Always be selling internally. So now
there was all these people that are doing
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content marketing. One of the big
mistakes they make is not helping people in
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their organization understand the point of doing
content marketing. And you know you need
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to have a strategy for that sort
of thing. But that was interesting and
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I think that applies to basically anybody
in marketing. You know really your most
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important audience is your internal audience,
and that could be the people that sign
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your checks and give you direction,
but it's also your employees. Make sure
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everybody in your organization understands what's going
on there. And then another thing he
337
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talked about that is a very basic
tenant of effective content marketing is where he
338
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says do one great thing and other
words, please try to avoid doing check
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the box marketing. Okay, let's
do a podcast. Did A podcast,
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great, check that box. Did
we do a book? Okay, check
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that. Do we do up?
Do we have a blog? Okay,
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are we doing new skywriting? Okay, check the no, just do one
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thing really, really well. And
he again he talks about how so many
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companies, the ones that did really
well, did one thing, one piece
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of one form of content really well
before they tried to add a second one.
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Yep. So that's a really well
examples of that. Yeah, yeah,
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the one of the thing I wanted
to mention that he talked about where
348
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he says plan for the end of
social meaning social media is not going to
349
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go away, but the organic reach
of social where social is going to become
350
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much, much more than it already
is about paytoplay. So if you want,
351
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you like again, like we talked
about earlier in this conversation about the
352
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difficulty trying to get people's attention.
I hear all the time that you know,
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if, let's say you have thousand
facebook fans of your companies facebook page,
354
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there's probably only twenty five that facebook
is showing what you're right, you're
355
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proctising. Everyone's always amazed to hear
that's so. It's like maybe one to
356
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two percent of your audience is seeing
it. Now. If you want more
357
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people to see it, you got
to give facebook money. Yep, and
358
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that works well for their business.
But I think a lot of people still
359
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think have this antiquated antiquated, that's
a funny word to use when talking about
360
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social media, but and antiquated view
of social media being quote free. So
361
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you know, plan for the end
of social stop thinking of it is as
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free media. It's great meet is
great for you know, it's like so
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many tactics. It works really well
in certain instances, but it's not this
364
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cure all that a lot of people
have. So that, yes, that
365
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was a very different kind of interview. It was a piece of fiction which
366
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I did not have, but I
think it was but a good interview.
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Yeah, yeah, I'm really full
of a lot of helpful information, for
368
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it was that. I would kind
of put that book into sort of the
369
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category of infotayments. Right. It's
entertaining with some market lessons mixed in.
370
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So I wish for me is a
good Combo. So I enjoyed it.
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Yeah, all right. Well,
next up we've got alchemy. That and
372
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I love this title. Alchemy,
the dark art and curious science of creating
373
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brand's business and life by Rory Sutherland. Now, I think anybody who wants
374
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to see the world and people more
accurately will like this book. Right.
375
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So tell us a little bit about
Alchemy, the dark art and curious science.
376
00:25:30.849 --> 00:25:36.000
Who? Yes, it brings to
mine Harry Potter and of Course Rory
377
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is a is an Englishman and he's
the vice chairman of Ogilvie in UK.
378
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This book was one of the most
interesting books I've ever read. It's a
379
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big book and it was a hells
over three and fifty pages and it was
380
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a real adventure to read. And
and as as I said, I was
381
00:25:52.109 --> 00:25:55.509
being mean, of course, but
I said, if Malcolm Gladwell had a
382
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sense of humor, this is the
book he would have written. I'm sure
383
00:25:59.430 --> 00:26:03.950
Malcolm Glade wasn't sense of humor,
but you just lost your stance of getting
384
00:26:03.990 --> 00:26:07.059
Malcolm. But yeah, okay,
sorry sir. Sorry, Mr Gladwell.
385
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Actually I'm reading one of his books
right now called talking to strangers. I'm
386
00:26:10.859 --> 00:26:14.660
enjoying it very much phenomenal. So
that's my effort to suck up to him.
387
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So at the core of the book
he talks about how so much of
388
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what happens in the world and in
business is the logical it has to and
389
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much of what goes on in the
human brain it's not as logical as we
390
00:26:29.410 --> 00:26:33.720
think it is. And the problem
is in our scientific world we're in,
391
00:26:34.359 --> 00:26:38.839
people are trying to solve problems with
logic when they should be using what he
392
00:26:38.960 --> 00:26:48.950
calls psycho logic, meaning understanding what
drives human behavior, actually produces better results,
393
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but so few people's brains are trained
that way. It was an it's
394
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also an interesting interview because I didn't
get to talk much, not that I
395
00:26:57.950 --> 00:27:03.059
wanted to. He was just on
fire. He was just going to town
396
00:27:03.660 --> 00:27:08.220
and he's also very popular Ted Talk
Speaker. But let me just miss this
397
00:27:08.220 --> 00:27:11.460
something he he talks about the how
the book is not an attack on the
398
00:27:11.619 --> 00:27:15.970
uses of logic or reason, but
it's an attack on a dangerous kind of
399
00:27:17.529 --> 00:27:22.490
logical overreach which demands that every solution
should have a convincing rationale before it can
400
00:27:22.529 --> 00:27:27.009
even be considered or attempted. It
brought to mind, amongst other things,
401
00:27:27.049 --> 00:27:30.119
I mean there's so much in this
book, but if you think about in
402
00:27:30.359 --> 00:27:36.559
sales, people don't buy the best
product. That's usually people don't buy the
403
00:27:36.640 --> 00:27:41.440
cheapest product. And now why is
that? You know there there's other there's
404
00:27:41.480 --> 00:27:45.910
other reasons why they do that,
and it's for very interesting reasons that have
405
00:27:47.069 --> 00:27:51.990
to do with the human brain and
what humans want. He talks about how
406
00:27:52.869 --> 00:27:57.349
we have this culture now that prizes
measuring things over understanding people, and I
407
00:27:57.430 --> 00:28:00.980
thought that was a big part of
the book where he's saying, yes,
408
00:28:02.059 --> 00:28:06.180
you should measure things but, more
importantly, you'll be much more successful.
409
00:28:06.220 --> 00:28:11.099
And he has example after example of
companies that, once again, that understood
410
00:28:11.180 --> 00:28:15.130
their customers better, they always win. And some of the greatest business ideas,
411
00:28:15.809 --> 00:28:19.769
despite what company founders will tell you
about how logical they came about,
412
00:28:21.250 --> 00:28:26.809
he says almost all of them.
We're we're accidents. Yes, so of
413
00:28:26.849 --> 00:28:30.039
data in the book on that.
Yes, yes, Oh, one scientific
414
00:28:30.119 --> 00:28:34.039
study after another. It was just, as I think I said, reading
415
00:28:34.119 --> 00:28:37.400
his book was an adventure, a
very entertaining book. Is, in fact,
416
00:28:37.720 --> 00:28:41.789
I wouldn't describe the book as a
cookbook on how to do things.
417
00:28:41.349 --> 00:28:45.829
It's inspiring. It's encouraging us to
think differently and move past sort of superficial
418
00:28:45.869 --> 00:28:49.750
analysis. But I mean, I'm
going to read this book again, right,
419
00:28:49.789 --> 00:28:52.910
because it's almost thinking the same thing. Yeah, but it's also you
420
00:28:52.990 --> 00:28:56.660
got to wrap your head around all
the information and there is just amazing.
421
00:28:56.660 --> 00:29:00.099
It's unusually deep for such an entertaining
book. I would say yes, yes,
422
00:29:00.259 --> 00:29:03.059
and you know, as you can
imagine, I struggle with any kind
423
00:29:03.059 --> 00:29:07.420
of deep concept. I mean,
anything requires me to think is really a
424
00:29:07.619 --> 00:29:10.890
struggle and that's why you know,
his book did get me to do that
425
00:29:11.009 --> 00:29:12.130
one thing I hate to do,
which is to think. So yeah,
426
00:29:12.170 --> 00:29:15.329
it was a it was in and
really I heard from a lot of listeners
427
00:29:15.369 --> 00:29:19.529
they really enjoyed it, and that's
one that might actually I might actually go
428
00:29:19.650 --> 00:29:23.440
back and reread, which I don't
often do. I think I would really
429
00:29:23.440 --> 00:29:26.039
enjoy that. I'd probably get even
more out of it the second time.
430
00:29:26.200 --> 00:29:30.759
It's like a movie you see several
times you enjoyed more and more each time.
431
00:29:32.240 --> 00:29:33.880
That's more because it's so rich.
Well, that book is stuff in
432
00:29:33.960 --> 00:29:38.670
one of those. So his one
takeaway was if your definition of success involves
433
00:29:38.710 --> 00:29:44.470
in some form of human behavior,
which, literally, whose definition wouldn't include
434
00:29:44.470 --> 00:29:47.630
some form of human behavior, well
then logic alone is not going to be
435
00:29:47.869 --> 00:29:52.150
sufficient tool kit for that. You've
got to go to psychology, right,
436
00:29:52.309 --> 00:29:55.140
and then his ties right into his
one thing you can do, which is
437
00:29:55.220 --> 00:29:57.940
you got a question your assumptions right, because see, there's about a million
438
00:29:57.980 --> 00:30:03.140
examples in that book where the assumptions
that we're making are not correct. So
439
00:30:03.779 --> 00:30:07.049
definitely a great book, critical reminder
that the world isn't what it seems to
440
00:30:07.089 --> 00:30:11.849
be. Right, and they'll say
yes, you know I'd like like there's,
441
00:30:11.529 --> 00:30:14.690
you know, a lot of beliefs
that we have in our brains just
442
00:30:14.769 --> 00:30:18.809
aren't accurate and that caused us to
see the world in the way that's not
443
00:30:18.930 --> 00:30:22.799
accurate. And of course it's much
easier to great value if you accurately perceive
444
00:30:22.839 --> 00:30:26.480
the world. So now standing reads. Last up we have performance partnerships,
445
00:30:26.559 --> 00:30:33.400
the checkered past, changing present and
exciting future of affiliate marketing by Robert Glazier,
446
00:30:33.480 --> 00:30:37.509
and that there is just ask is
leverage and partnerships and affiliate marketing.
447
00:30:37.549 --> 00:30:40.430
So I was really excited to read
this book. Tell us a little bit
448
00:30:40.430 --> 00:30:45.150
about Robert Glazier's new book. So
He's an expert on affiliate marketing and I
449
00:30:45.589 --> 00:30:48.390
one reason I was particularly keen on
having that book on it's because I've never
450
00:30:48.470 --> 00:30:52.859
had a book after two hundred and
fifty episodes about affiliate marketing, and so
451
00:30:52.980 --> 00:30:56.900
I want to learn more about it. And it was something where I could
452
00:30:56.900 --> 00:31:03.019
just imagine some listener coming into work
on Monday and the CEO says affiliate marketing.
453
00:31:03.099 --> 00:31:06.250
What are you guys doing about that? He's like, you better come
454
00:31:06.289 --> 00:31:07.769
on, folks, to got to
gotta know what this stuff is. And
455
00:31:08.009 --> 00:31:11.089
so it's very, very interesting,
and he talked about how affiliate marketing was
456
00:31:11.170 --> 00:31:15.250
like a scene from that movie the
Big Short, where all these guys in
457
00:31:15.289 --> 00:31:19.680
the subprime lending world thought, you
know, there's you can't lose it.
458
00:31:21.200 --> 00:31:25.680
Were minting money, there's no downside
of, you know, making these bad
459
00:31:25.880 --> 00:31:29.039
loans. They're going to be backed
up. And years ago we went to
460
00:31:29.119 --> 00:31:33.710
an affiliate marketing convention, it might
have been in Vegas appropriately, and it
461
00:31:33.869 --> 00:31:37.269
was the same vibe where they were
like this is we're minting money, you
462
00:31:37.349 --> 00:31:41.789
can't go wrong. And part of
the problem. He's very skeptical. There
463
00:31:41.910 --> 00:31:48.980
was massive fraud in affiliate marketing,
just like there's still massive fraud in digital
464
00:31:48.099 --> 00:31:56.099
display advertising. And so basically affiliate
marketing is where you are paying a commission
465
00:31:56.140 --> 00:32:00.220
to people that are bringing you business, and it's really important in the book
466
00:32:00.420 --> 00:32:06.849
to show how the fraud was happening, like in terms of attribution and like
467
00:32:06.970 --> 00:32:09.329
if you've ever, I'll give you
an example, if you've ever gone to
468
00:32:09.529 --> 00:32:14.450
buy something online and it'll say do
you have a promotion code? So naturally
469
00:32:14.490 --> 00:32:19.119
we all do this. Will type
in, you know, ABC retailer Promotion
470
00:32:19.279 --> 00:32:22.400
Code to see if there's one.
We can cry, you know, and
471
00:32:22.160 --> 00:32:25.279
yeah, why pay more? Right. So you put it in and you
472
00:32:25.359 --> 00:32:30.230
go. It'll bring up some website
and it'll say, oh, we don't
473
00:32:30.349 --> 00:32:32.109
here's a code. But you know, and of course they never work,
474
00:32:32.430 --> 00:32:37.750
or they rarely work. But what
happened was they were putting a pixel on
475
00:32:37.069 --> 00:32:43.670
your computer and then they were getting
credit for that sale with that retailer.
476
00:32:44.150 --> 00:32:46.740
Well, you see how that's fraudulent, even though maybe the original reason that
477
00:32:46.819 --> 00:32:50.900
you went there could have been a
totally different yeah. Well, they had
478
00:32:51.019 --> 00:32:54.220
nothing to do with the customer was
already ready to make a purchase and these
479
00:32:54.259 --> 00:32:59.049
people were jumping in line at the
last minute and they were getting credit.
480
00:32:59.490 --> 00:33:02.529
And then there's also these networks,
and the networks represented the buyers and the
481
00:33:02.650 --> 00:33:07.650
sellers, which she I don't know
what could go wrong. They're a lot
482
00:33:07.730 --> 00:33:13.759
of fraud. But affiliate marketing is
getting much more ethical and they're using technology
483
00:33:13.839 --> 00:33:21.000
well and companies are getting better at
understanding the true value of paying these commissions.
484
00:33:21.160 --> 00:33:22.880
And so it was. It was
interesting. I don't know that I'll
485
00:33:22.880 --> 00:33:27.150
have another book on that, unless
maybe he writes another one, because it's
486
00:33:27.190 --> 00:33:30.190
just not a there haven't been many
books about that topic. But it was
487
00:33:30.309 --> 00:33:34.829
one that I think marketers should know
about. Yeah, I think one of
488
00:33:34.910 --> 00:33:38.549
the most compelling aspects of what was
in the book in the affiliate marketing is
489
00:33:38.710 --> 00:33:43.980
that you generally only paying for an
actual action that takes place. So if
490
00:33:44.019 --> 00:33:45.420
a sale takes place or if you're
asking for a lead, you don't have
491
00:33:45.460 --> 00:33:49.220
to pay until you actually get one
of those, and so that's the a
492
00:33:49.259 --> 00:33:52.660
lure of it. The trick,
of course, is the accounting of all
493
00:33:52.779 --> 00:33:54.970
that, and so that book blows
apart a ton of the when he says
494
00:33:54.970 --> 00:33:59.809
the checkered passed in the subtitle,
he spends quite a better time on the
495
00:33:59.849 --> 00:34:02.410
checkered past and really a bunch of
the pitfalls right that you could fall into
496
00:34:02.529 --> 00:34:06.250
doing it. So there was one
guy who talked about in the book who
497
00:34:06.289 --> 00:34:12.920
went to prison. Yeah, so
listen up. Yeah, take away from
498
00:34:12.920 --> 00:34:15.079
him on this one. Is the
best that he claims. It's the best
499
00:34:15.119 --> 00:34:19.880
marketing channel when you do it properly, and now I will I testify.
500
00:34:19.920 --> 00:34:23.750
I think that when you can use
partners that there's massive leverage in that.
501
00:34:23.909 --> 00:34:27.989
So I might agree with him on
that. One thing they can do is
502
00:34:28.110 --> 00:34:30.949
what he suggested is that if you
have a program that you can go figure
503
00:34:30.989 --> 00:34:35.510
out your top ten publishers and go
look at their conversion race and the revenue
504
00:34:35.829 --> 00:34:38.539
and then look at their site and
how you're being promoted there and see if
505
00:34:38.579 --> 00:34:43.860
that's actually making sense. And then
he actually has a site that cook people
506
00:34:43.900 --> 00:34:47.099
can go to call affiliate Greatercom,
where you can sort of tests and vets
507
00:34:47.219 --> 00:34:52.539
the quality of affiliate program if you've
already got one going. So it definitely
508
00:34:52.539 --> 00:34:55.610
an interesting for a into the mechanics
and the pitfalls and the future of affiliate
509
00:34:55.650 --> 00:35:00.489
marketing. Very eliminating, worth while
read. As always, I learned a
510
00:35:00.610 --> 00:35:05.289
lot from this month's books. Really
Stellar collection of books here. So tell
511
00:35:05.289 --> 00:35:07.480
us a little bit about the new
books that you've got coming up on the
512
00:35:07.599 --> 00:35:10.440
marketing book podcast. Okay, so
the next time we meet there's only to
513
00:35:10.480 --> 00:35:16.400
be four books and they're all nonfiction. Okay, really get back on track
514
00:35:17.400 --> 00:35:22.230
and the books we're going to talk
about next time. So please stay tuned.
515
00:35:22.550 --> 00:35:29.030
Our sales truth debunk the myths,
apply powerful principles win more new sales.
516
00:35:29.110 --> 00:35:36.940
By Mike Weinberg. The seventh level. Transform Your Business through meaningful engagement
517
00:35:37.380 --> 00:35:43.019
with your customers and employees. By
Amanda Slaven same side selling, how integrity
518
00:35:43.099 --> 00:35:50.369
and collaboration drive extraordinary results for sellers
and buyers. By Ian Alsman and content
519
00:35:50.570 --> 00:35:55.690
based networking, how to instantly connect
with anyone you want to know by a
520
00:35:55.769 --> 00:36:01.329
guy named James Carberry who evidently has
a podcast called the B tob growth show,
521
00:36:01.570 --> 00:36:05.880
so he's probably listening to this right
now. So Hey, James,
522
00:36:06.840 --> 00:36:09.800
but James and next episode, the
next episode of the Book Talk, we're
523
00:36:09.800 --> 00:36:12.920
going to be talking about you,
my friend, but it's only going to
524
00:36:12.960 --> 00:36:15.320
be good stuff. So that's it
for this month's be to be growth show
525
00:36:15.360 --> 00:36:20.230
book talk. To learn more about
the marketing book podcast, Visit Marketing Book
526
00:36:20.269 --> 00:36:23.590
podcastcom. And to learn more about
James and his excellent book, the if
527
00:36:23.630 --> 00:36:32.139
it closed, visit pure mirrorcom.
That's spelled pure muirecom. And, as
528
00:36:32.139 --> 00:36:36.780
I mentioned earlier, if either of
US can recommend a specific sales or marketing
529
00:36:36.860 --> 00:36:39.219
book or other resource for whatever situation
you find yourself in, connect with us
530
00:36:39.219 --> 00:36:43.380
on Linkedin, where we can chat
and we'll do our best to get you
531
00:36:43.500 --> 00:36:46.449
pointed in the right direction. And
remember, keep learning, because these days
532
00:36:46.570 --> 00:36:54.289
the big learners are big earners.
Hey there, this is James Carberry,
533
00:36:54.329 --> 00:36:58.610
founder of sweet fish media and one
of the cohosts of this show. The
534
00:36:58.650 --> 00:37:01.119
last year and a half I've been
working on my very first book. In
535
00:37:01.239 --> 00:37:06.320
the book I share the three part
framework we used as the foundation for our
536
00:37:06.400 --> 00:37:08.840
growth here at sweetfish. Now there
are lots of companies that ever he's a
537
00:37:08.920 --> 00:37:13.280
bunch of money and have grown insanely
fast, and we featured a lot of
538
00:37:13.360 --> 00:37:16.469
them here on the show. We've
decided to bootstrap our business, which usually
539
00:37:16.510 --> 00:37:21.869
equates to pretty slow growth, but
using the strategy outlined in the book,
540
00:37:22.269 --> 00:37:24.989
we are on pace to be one
of inks fastest growing companies in two thousand
541
00:37:24.989 --> 00:37:30.059
and twenty. The book is called
content based networking, how to instantly connect
542
00:37:30.059 --> 00:37:32.099
with anyone you want to know.
If you're a fan of audio books,
543
00:37:32.139 --> 00:37:35.980
like me, you can find the
book on audible or be like physical books.
544
00:37:36.019 --> 00:37:39.019
You can also find it on Amazon. Just search content based networking or
545
00:37:39.059 --> 00:37:45.849
James Carberry car be aary, in
audible or Amazon and it should pop right
546
00:37:45.889 -->
up.