Transcript
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Welcome back to BBB growth. I'm dan
Sanchez with sweet fish media. And
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today we're concluding the deep dive on
thought leadership. Through the month
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of june, I've been interviewing experts
practitioners, actual thought leaders
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and have been reviewing resources books
as well as giving some my own ideas on
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this show about the topic of thought
leadership marketing shoot. I even
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debated somebody who kind of had took a
stance against that leadership
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marketing just to see where we could
land. And this episode is going to be
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summarizing uh some of the lessons I've
learned after diving deep into this
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topic. Now, even before this topic, I
did try to read every single book I
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could possibly find around the Topic of
thought leadership marketing or
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becoming a thought leader. And there
was about, I don't know, 20 so or so of
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them and then maybe like 10 that were
like somewhat related around like
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personal branding or something like
that. Um quite a few books and I can
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say that there is without a doubt,
something different about actually
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talking to the experts themselves. Um
you can read their books, but you get a
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much better feel for the material and
what's being said after talking to
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actually talk to people about it,
actually, working through the nuances
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of it. So if anybody's ever interested
in that in particular, I think I
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probably didn't need to do a whole
podcast episode and how to use a
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podcast to learn and accelerate your
own expertise because it's, it's been
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phenomenal. I've done this twice now
with the deep dives here on GDP growth
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and I could just feel my, my own
knowledge and handle over subjects,
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like growing rapidly just from actually
talking to the people that really know
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their stuff. But today I wanted to
summarize a lot of the lessons I've
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learned through this process of this
deep dive into the topic. So here they
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are first thought leadership is a thing,
It is real thought leadership.
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Marketing is not a buzz word, it's not
a fad, it's going to be here to stay.
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It's existed for a few 100 years at
least at least, but was only coined In
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the 90s as far as the term thought
leadership, right? So that hasn't been
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around for too long, but it's been a
thing for a while, like building
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influence through your expertise or
your original ideas on the subject has
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been around for a long time, being able
to do marketing that way has been
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around quite a while. Um dating all the
way back to josiah Wedgwood who was a
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famous potter, but also like brilliant
when it came to business and marketing
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strategies. Uh a lot of modern
marketing concepts get dated back to
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josiah Wedgwood and that's kind of
another episode in and of itself, like
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the brilliance of that man from Back in
the late 1700s kicked off the the
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Industrial Revolution, but I'm not
gonna diverge into a history lesson
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here. Let's dive back into thought
leadership. Thought leadership fits
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somewhere between brand and demand jin
because obviously if you're positioning
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yourself as a thought leader, of course
it's a perception play, it's a big
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picture thing, which kind of falls into
brand, but it also does a fantastic job
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of generating demand. And I can tell
you just as someone who's kind of
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started their journey on linkedin
recently and built up uh like a crowd
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of friends and just people that we're
talking about marketing all the time. I
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can already see it happening just a
little bit for myself and I've gotten a
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taste um when people show up to sweet
fish media wanting to ask about
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podcasting services and people are our
podcast, try to just ask like, how did
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you hear about it will be like, oh,
I've been reading dan for a while and I
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just showed up because he recommended
it. That's the power of thought
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leadership to a degree when you start
to build an authority on something and
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again, I've only had a small taste of
it. Uh James Carberry has been doing
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this a lot longer and lots of other
people doing this way longer than me,
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but I've done enough to do get like a
little taste of it. Um it is real, it
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does generate demand so that when
people show up to sales, they're ready
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to buy their interested. They've been,
they've been, they are convinced that
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you're the one who has the answers to
their problems, which makes the whole
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sales sales cycle so much smoother.
Thought leadership marketing also
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impacts your positioning and I'm
convinced as essential for category
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design, right? To build a whole new
category, you have to lead and you're
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leading with thinking, right? That's
what category category is. It's not
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it's not a physical thing. A new
category is essentially a position in
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people's minds, right? So if you're
going to create a new category in
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people's minds, you have to lead their
thoughts. Thought leadership is the
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backbone of category creation. Of
course, there's a whole ton that goes
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into category creation. Thought
leadership is not the only part that
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plays there. Um but it is an essential
pillar of it because you're gonna have
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to lead people to creating that new
category in their mind. And of course
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it affects positioning. If you're doing
thought leadership marketing as a heavy
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marketing strategy for to influence
your your marketing. It's honestly a
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positioning play. You're really trying
to convince people that you are the
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thought leader in the space, in this
unique aspect that you're trying to
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drive that it might not be creating a
whole new category, but you're trying
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to differentiate yourself through
thought leadership marketing.
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So at this point you get to the part
where it's like, well how do I become a
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thought leader then? And that was the
question I asked about a year ago
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before I started reading any books, I
was like, oh great. Like that
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leadership marketing sounds cool, even
though it's a little cringe e because
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so many people have called themselves
thought leaders without actually having
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any substance to their message. Um but
it's still worthwhile. And I went on
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this journey to try to figure out like
how does one become a thought leader,
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especially if you're not already
starting with a level of authority? And
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that's a lot of my reading was focused
around that and this this is what I
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discovered. It's not just through um
reading, it's also through a lot of the
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interviews that I've done here on B.
Two B growth, some in this deep dive
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and some that predated this deep dive.
I've been kind of having interviews
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about this topic for a while, and
here's the general path that I've found.
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Um and it's not a unique path, like as
I've talked to other people, it's what
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I've found is that like this these are
kind of like well known things. Um
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everybody kind of gives it a different
word or a different phrase. And while I
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have three major points, people might
break it up into four or five points,
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maybe sometimes two points. Um but when
I've talked to other thought leadership
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practitioners, I have discovered that
we all have similar thinking, that we
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just give it different terms in how we
describe the path to becoming a thought
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leader. So this one is my own. Um but
like I said, there's many, many others,
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um and these are my three, I guess you
could call them pillars, I call them
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three essential ingredients to becoming
a thought leader and I call it being
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expertise,
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having original ideas an authority or
to simplify it, you have to be an
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expert, you have to be a contributor
and you have to be an authority in
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order to be what I'm calling an
authentic thought leader. If you're
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missing any one of those three
ingredients, you're not an authentic
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thought leader, you can be a faker, you
can be a charlatan or you could just be
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unknown because you're not an authority
and nobody knows about your awesome
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original ideas, right? And I covered
that in a different episode on
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authentic thought leadership. I won't
diverge into that now, but here's kind
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of the step by steps in order to build
each one and I generally, well you kind
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of build them all at the same time,
they kind of go in an order, right?
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Like if you're not an expert, you
should probably start there. You need
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to learn and grow and become an expert
in the topic. Yesterday I published an
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episode called The 30 30 30 plan um
that I think is a great quick start to
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becoming an expert, but there's also a
lot of people listening right now where
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you're already kind of an expert in
this thing, you're beyond professional,
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like people pay you a lot of money just
for your time to listen to you talk
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about this one subject for the, for
people like you, it's good to do an
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inventory and make sure that you know
everything there is to know about the
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topic. Like actually go and read all
the research reports, actually make
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sure you understand what people are
asking there on the, on the on google
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search engine. Like you'll find a list
of keywords and make sure you have good
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answers for all of those. Um I would
just make sure to cover all your bases.
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Um read every book on the topic that
you haven't already right. And in order
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to know the existing conversation,
because that's important to make sure
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you you are indeed an expert before you
move on to trying to create original
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ideas, because oftentimes you'll come
up with an idea other, otherwise you'll
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come up with an idea that already
exists and that's kind of embarrassing
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when you're like, champion this idea
and six months go by and somebody's
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like, actually somebody already said
that. Yeah, it was published in this
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book. Uh, yeah. You haven't read that
yet? Uh, yeah. You don't want you don't
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want to be caught in that situation.
You want to try to have read everything.
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And I understand what the history on
this topic has been, where it's where
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it's going and what the current
conversation is currently taking place
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on the topic.
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But once you've gotten there, once
you've been there, you can start
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contributing original ideas. Now, I'm
not saying you can't have a hypothesis,
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I thrown out a lot of hypothesis is on,
can you, Is that right? Hypothesize? I
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don't know, I've thrown out a lot of
ideas on thought leadership marketing,
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but I haven't, I've read all the books,
but there's still a lot, I don't know.
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I still have a lot of people I need to
talk to. I'm only a year into the topic
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and while I've gone really deep this
year, I'm still throwing them out.
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There is just ideas. They're not
validated. I've tried some of them,
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most of them myself, but that's not
enough evidence to say with uh with
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authority. Thus safe. The research, the
data, the empirical evidence points to
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this being true. No, I'm not there yet.
Um so it's okay that while you're in
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the learning phase to throw out a
hypothesis, especially, I would even
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recommend doing it publicly. Like I am
here on this podcast um because that's
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part of the learning process, right? If
you do it publicly and say things like,
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hey, this is just an idea. This is what
I was thinking. Then people can
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actually show up and with humility. You
can accept their feedback or critiques
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or they tell you that actually know
somebody else invented that already.
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And then you can humbly accept it,
which is a lot easier to do when you
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didn't throw it out there as as fact.
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So once you've gotten to that point,
you can actually develop some original
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ideas and these are some of the three
um, most common ways of doing it.
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There's a lot of ideas around how to
generate ideas in the thought
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leadership, marketing market or in the
space. But these are the ones I found
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to be the most prominent are most
likely is one you do original research.
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There's nothing like doing your own
research where you actually have
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empirical evidence of really good
survey work or lots of
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interviews that you can actually
catalog and show empirically that
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something is this or at least based on
the one research report you've done
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right house. If you've done it over
multiple years or done a longitudinal
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study over time that only gets stronger
and stronger and stronger. So there's
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multiple ways to do research. But
original research is one of those ones
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that we all know works really well for
doing thought leadership marketing.
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Another one is just unique. Takes. This
was probably the most common. Um, but
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you have to be the most careful with
because unique takes or having a
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different angle on things because maybe
you have a different background or your
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your company's trying to become a
thought leader in this space and has a
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unique take because of your expertise
or experience in a certain field or
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you've done a certain thing. Um,
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but generally those are the fastest
ones because. Oftentimes when you are
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going into a subject and you have
expertise from an unrelated subject or
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another subject that's close but still
doesn't cover a lot of the same
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material. Oftentimes you can have
unique unlocks, um, unique insights
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about how things could be done just
based on the overlap of bringing in new
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information and a new project
management style that didn't exist in
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this niche before that existed
somewhere else. And you brought it in
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that could be thought leadership, right?
Um, so there's lots of unique, lots of
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ways to do that, but just finding other
fields to bring ideas in to bring fresh
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ideas and from other fields to solve
old problems. And then the last one is
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just finding the problems that your
audience is dealing with and then
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trying lots of stuff to solve it, and
then sharing your learnings as you
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start to find things that work better.
Obviously it's overlaps with the last
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one of having you unique take. But I
think if you have to start somewhere,
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just start looking for the problems
that nobody else has solved, yet,
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problems that lots of people are
talking about in the niche and then
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just going after even making it a
journey, like posting it on social Hey,
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like I've noticed everybody struggles
with this. Um I've seen some takes on
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how to solve it, but I don't think it's
enough. I want to be able to solve it
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to this degree. I don't know what the
answer is yet, but I'm going to start
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finding it. And then actually posting
your learnings along the way is a great
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way into my next third pillar right
here, which is authority, right? We
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talked about expertise, we talked about
bringing, being a contributor with
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unique and original ideas and the last
one is authority. Like if you can be an
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expert and have unique ideas, but if
nobody believes you, nobody trusts you,
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it's a problem. So we have to be able
to build up that kind of trust and a
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big part of that. Like I said before is
uh an episode I already recorded was
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learning in the light like starting
your journey early, especially on
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social media or wherever your niche is
hanging out online or in person and
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getting in front of them and talking
about it. Even as you're early on, even
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as a student, you can start asking good
questions and learning. This is a way
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to start building a third authority
early on from day one, you can start
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doing this, it takes years to build the
authority, but it starts, you know,
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when is the best time to plant a tree.
Yeah that whole thing. Another way to
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build authority is by using a podcast
using a podcast throughout the journey
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of becoming a thought leader is
probably like in my opinion like the
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secret hacked and going through all of
this. Um You can use a podcast to learn
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and become an expert because you can
interview the experts um like I have
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with thought leadership and then threw
it, you kind of build association with
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them. People start to see you like oh
dance hanging out with so and so and so
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and so and so and so he must be in the
thought leadership because he's hanging
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out with all the thought leadership
people on his podcast and posting about
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it right? Like you start to just build
credibility just through pure assoc
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association. Um It's a great way to uh
package and then distribute your unique
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ideas like I have in this podcast, and
then it's a great way to build
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authority because the whole time you're
creating content with it and then
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distributing it out there and people
are listening and consuming and getting
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to know your ideas right? A lot of you
have listened to a lot of these
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episodes already and I've had people
reach out to me on linkedin and be like,
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hey, like I I wasn't subscribed to be
to be growth before, but now I am
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because I've been really eating up all
this content on this one subject um and
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that's happened quite a few times, so I
know it's happening, I know it's
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working and I'm just sharing it for my
personal perspective to kind of like be
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a little bit vulnerable because it
almost feels inauthentic to talk about
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what I'm doing and why I'm doing it.
But I'm also trying to share with you
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everything that I'm thinking and
learning and trying um while also
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trying to build authority, but in the
most helpful way possible. And I think
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that's a really important note when
building authority, you actually have
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to do it for the, for the benefit of
other people, not to put yourself up on
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the pedestal, but to help genuinely
help other people. I put a lot of time
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and effort into linkedin and a lot of
that comes back in revenue for sweet
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fish, but honestly, I don't really, I
don't always expect it to, I go and
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record 5, 10, sometimes 15 minute long
video is just to help explain something
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to people or not even just people like
a person, a person has a particular
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thing they're asking me about and I
just do it to serve and to bless and to
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help as many people as I possibly can
without going so overboard that I'm not
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actually getting my job done here at
Sweet Fish, right? Um I'm trying to
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help and bless as many people as I
possibly can. If you kind of take that
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approach to thought leadership, you
will build authority, especially when
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you're doing it humbly, you're you're
not getting defensive when people
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challenge your ideas, I even invite
people to challenge my ideas um when
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you're doing it humbly and you're
trying to just be helpful, it goes a
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long way in building authority,
especially as a thought leader.
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And the last thing I just want to point
out about thought leadership is the
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number one rule of thought leadership.
You can't call yourself a thought
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leader. It's noble to aspire to become
a thought leader because if you're a
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genuine and authentic thought leader
that wants to just help people or help
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a niche or an industry that's a good
and noble task. But and you should
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aspire to it, but you can't call
yourself a thought leader. If you're
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listening to this, you have Thought
Leader written anywhere on any of your
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material about yourself, take it off,
Just do us all a favour, remove it. If
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you're a thought leader, like other
people will say it about you. You don't
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have to say that about yourself.
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The 2nd rule of thought leadership is
you can't call yourself a thought
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leader right to kind of reference Fight
Club, right? Just don't do it. There's
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it's so important that I I like to
reference Fight Club because I'm like,
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it's so important. It needs to be the
first to rules because so many people
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break it and build a bad name for
thought leadership marketing when it is
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a really true and worthwhile thing to
pursue because it is effective
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marketing. It's also good and genuine
marketing that's actually useful. It's
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not wasteful. You're actually helping
people, you're going and solving the
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problems. You're adding your unique
point of view. It takes a lot of work,
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takes a lot of work. So it's not like
it's not like just passively done, you
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have to actually work at it and it
takes years to build the expertise,
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takes years to build and work through
your ideas to prove them. It takes
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years to build the authority, but it is
a worthwhile path. It's the path that I
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want to be on. It's a path that I'm
taking and I'm only just starting in my
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journey towards that. But you will
never hear me call myself a thought
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leader, It's not worth it. I am a
student, I have some ideas. I still
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have a long, long way to go and even if
I get there someday I still wouldn't
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call myself it because it's just one of
those things that just doesn't need to
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be said if you are, you are if you're
not, it didn't matter because you
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didn't call yourself one anyway. And
that way we can actually clear up some
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of the crunchiness that's going around
about this topic now to wrap up this
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deep dive for this month. I want to
take a poll on linkedin. But if you
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don't have time to see that poll
tomorrow about these deep dives, I'd
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love to get your feedback. Please find
me on linkedin dot com slash I. N slash
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digital marketing dan let me know if
these deep dives are worth it. It's
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something that as they don't know, I
guess I'm the, I don't know what to
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call myself, but I'm in charge of GDP
growth Swedish media. I guess we don't
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really have a title for it. Um I'm
still trying to figure out how to
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always make this podcast better, how to
make the content go further, reach more
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people and of course be more helpful,
right? Like I said, I want to be more
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helpful to more people and that the
overall show is the most helpful that
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it can be. So any feedback you've given,
I appreciate it so much. Come find me
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on linkedin. Um you can also go to
Sweet Fish Media dot com. Just go to
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the contact for and be like, hey, I was
listening to be, to be growth, this is
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my feedback and then we can get it
there. Thank you so much for listening
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and thank you for in advance for your
feedback.