Marketing Ideas #13 Black Friday Sale

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It’s not so much that a bunch of stores are having a big sale before the holidays but rather the name that accompanies the sale. Black Friday Sale, where did that even come from to begin with? Let’s take a great holiday time and cover it with the sale to end all sales. It is like more people talk about Black Friday than Thanksgiving. When did a one-day sale become some popular, other than Valentine’s Day? Talk about marketing at its finest.

We now celebrate more holidays in retail stores than we do with our family. I can just imagine way back when people lovingly gave a few handmade or long saved for gifts to one another, that that tradition would become the bonanza it has become today. I hope that I as well as others can recognize the true meaning of all of this holiday time and be truly thankful for the things we are blessed with. I hope that all of us take the time to really reflect on the things we are thankful for and spend quality time with our friends and family. Here are a couple of videos to get you ready for Black Friday.

Tips for Black Friday Shopping

Nido Qubein: Stairway to Success Part 3

This is the third and final in a series about Nido Qubein and his book, Stairway to Success.

Developing a plan for success involves three things:

  1. Setting Goals
  2. Setting Priorities
  3. Developing Strategies

“Good personal planning involves no more than determining how you will get from your present circumstances to the future you have created through your vision.” - Nido Qubein

I tend to set pretty ambitious goals for myself, and I do so by writing or printing them out and hanging them around my office. Up until last week I listed goals on my blog for page views and other meaningless stats. I have since pulled those off because I personally think those are the wrong goals to have because of their small measurable impact. I am instead working on a new set of goals that I might not publicly post for this blog and its growth. Goals are a must and should be taken vary seriously.

“Wisdom ofttimes consists of knowing what to do next.” - Herbert Hoover

Setting priorities gives you a place of reference when you come to a situation in which you are unsure of where to go. Knowing your goals and making them your priority makes day to day decisions easier. Suppose your goal is to save $2,000 and you are buying Christmas gifts for your family and extended family. It is easy to want to splurge on the people you love even if it goes against your goal of saving money. Is there a way to save money and still buy / create gifts for your family? Of course there is. It might take a little more imagination than cruising the isles of Best Buy, but it can be done.

More important, the issue of saving money vs. buying Christmas presents for your family shouldn’t even be an issue. Nido talks about the different levels of planning and problems. Most problems like the one above can be addressed early and then shouldn’t ever be an issue down the road at Christmas time. If you plan ahead with your goals and set priorities you should be able to navigate your way through most problems fairly easily.

“There usually are half a dozen right answers to “What needs to be done?” Yet unless a [person] makes the risky and controversial choice of only one, he will achieve nothing.” - Peter F. Drucker

Developing your strategies for success in any area of your life is like having a playbook in sports. Could you imagine if a professional sports team just said: “Aw…this week, let’s just wing it and see what happens”? My guess and I am sure yours as well would say they are guaranteed to lose.

Your strategies should meet these criteria:

  • They must specify actions to be taken.
  • They must specify the person or persons who is to take the actions.
  • They must establish a time for beginning the actions.
  • They must establish a deadline for completing the actions.
  • They must establish criteria for determining when the actions have been satisfactorily completed.

This can be addressed pretty easily by stating what the problem or goal is that you are trying to achieve or overcome. Then developing a plan of action to tackle that issues in a systematic and bit sized way. You need to set an “end game” for that issue when you get to your defined goal or conclusion.

I have brought you through roughly half of the book Stairway to Success by Nido Qubein. If you would like to learn more, I would highly suggest buying it or checking it out of your local library. Although I did not read this book before I started out on my own quest for success in business and life, I have been using many of the same techniques learned by other teachers and writings. I think this book has the plan well laid out and is a solid package of advice for building upon your success in any facet of your life.

Here are the first two parts, Nido Qubein Part 1 and Nido Qubein Part 2

Nido Qubein, Stairway to Success: Part 2

This is the second in a series about Nido Qubein and his book, Stairway to Success.

After writing the first post about Nido Qubein and one of his books, I thought I would take a minute and explain why I am even talking about this to begin with, and why here on a marketing blog.

Boiled down and condensed, Nido Qubein says we are our greatest marketing tool. There is nothing in the world that can replace what each of us knows on any given subject or topic. If you were to put me in a room full of sports enthusiasts, I would be pretty lost. I wouldn’t feel the need to run and hide, but I wouldn’t be able to keep up with the stats, players, teams, so on and so on. But, if you were to put me in a room with economists and monetary theorists I could hold my own.

The greatest thing we as individuals can do is find the things we can do and love and develop those talents to be the best they can be. I didn’t take any marketing classes in high school or college. I didn’t learn theory on marketing and how to persuade people to buy things. I instead picked up some books and started reading from some of the best marketers around. I started following blogs, learned about web marketing and permission based marketing.

What I came to realize is that if I had taken some of those classes and had been taught those more “traditional marketing techniques,” that experience probably would have skewed my perception on marketing. Instead of reading about people in turkey costumes being targets of water balloons, you would be reading about proper banner sizes for your store and approachable vs. unapproachable color combinations.

The main message Nido Qubein is hitting hard at in his book is that each of us has a choice. That choice is the ability to determine our future, our success, our wealth and much more. According to William Jennings Bryan, “Destiny is not a matter of chance, it is a matter of choice; it is not a thing to be waited for, it is a thing to be achieved.”

Creating a Vision

“Many people go through life unaware that this creative power lies within them. Yet we all have it. You can create the future you want. It’s all a matter of forming a vision, committing yourself to that vision and acting in harmony with the vision.” - Nido Qubein

Here we come back to having that choice again in how we are going to be 2 or 3 years from now. First we have to choose what our life, business, physique or emotional status is going to be. Then you break down those goals into smaller, more manageable pieces. When all of this is done with the commitment of the head and heart it is much more likely to stick around than your last New Year’s resolution.

Crossing your own Rubicon

“Crossing the Rubicon” is a popular idiom meaning to pass a point of no return. It refers to Caesar’s 49 BC crossing of the river, which was considered an act of war. -Wikipedia

I am not saying that you have to start war with anything, but I think the point Nido is trying to make is there needs to be a catalyst. It’s like an alcoholic making the commitment of sobriety after hitting rock bottom, or a morbidly obese person starting recovery after being told life will be cut short otherwise. The event has to be significant and memorable to the effect of when things are tough you can look back to where you have come from since then as a source of encouragement. For me this was when I quit my traditional day job around Christmas of 2007 (almost been a year, WOW!).

I made the choice back then that I would no longer let others determine my fate, but I would pursue the things I enjoyed and learn those things to the best of my ability. I can tell you it was worth every bit of it and I would never take back that choice. I did have my doubts from time to time and ups and downs like anything else, but this is true anywhere and under any circumstance.

To be continued…

You can find the first in the Nido Qubein series part 1 here and part 3 shortly.

Scratch Beginnings And How The American Dream Is Still Alive

Adam Shepard Scratch BeginningsOne of the coolest things about being a blogger and having an audience is the wiliness of others to offer free things for reviews and exposure. I like books and try and read them whenever I get a chance. If anyone knew me when I was a kid they would probably laugh as I never used to read. One of the most recent books I received was Scratch Beginnings by Adam Shepard.

I probably finished Scratch Beginnings in about 3-4 sit down sessions of reading, so it was a quick and very enjoyable read. Adam set out shortly after graduating college on a social experiment to achieve the “American Dream.” The intro informs us that he was to ride a train to a southern city with $25 in his pocket, the clothes on his back and a duffel bag. In one year time his goal was to have $2,500 saved, a furnished apartment, running car and be in a position to continue his upward movement.

Being roughly the same age as Adam and battling some of the same life choices in the pursuit of a career, lifestyle and calling, I can relate to him a lot. I believe that his experience throughout the book can be just about anyone’s experience. To make the experiment more convincing Adam chose not to use his personal credit, college education or contacts to his benefit.

The first 60 days he admits were the hardest and yet the most rewarding. Most of that time was spent in a homeless shelter looking for steady work while trying to stay fed and in good health and spirits. I would say 1/3 of the book was just about his first few days of his quest for the American Dream and really shows what the process is like to start all over with nothing. This could ultimately be a situation anybody could find themselves in due to any variety of circumstances.With a goal, determination and some support it really shows how far and how quickly someone can pull themselves back up again.

I would recommend purchasing the book and it can be found on Amazon for about $14, more than reasonable. If you want to find out even more about Adam Shepard and Scratch Beginnings head over to his site scratchbeginnings.com.I had a chance to ask Adam some more questions about his time during and since his experiment. Here they are:

Josh: On pg. 188 you talk about the journey, process, setting goals, finding passion and giving it your all. How much do you believe surrounding yourself with successful people helped you in your journey like Derrick (someone who helped you)?

Adam: More than “helped”, I think it defined the success of my journey. Maybe I could have succeeded on my own, maybe not. But in the end, that wasn’t the point. The point is that WE made it, together. And by choosing to surround myself with positive people that have my same focus, made this so much easier. I was so much more inspired that I wasn’t the only one fighting for the American Dream.

Josh: You also mention having a long-term, 5-year plan and the importance of having a goal even if it changes. I love goals and find them extremely valuable. How has your goal changed since embarking on your experiment, where do you see yourself in 5 years?

Adam: Certainly, my goals — more specifically — have changed since this book came out simply because I see that there is a market for me to talk about the issues surrounding the American Dream, but the fundamentals for my 5 year plan are the same. There still isn’t a quick fix to what I want to do…I still have to build a little bit every year. Actually, to be quite honest, achieving my goals is more difficult now, because now there are more opportunities for me to lose focus. It’s easy to shoot for the top when you’re broke…hell, there’s nowhere to go but up. But, when you’ve got a little money, a little success, it’s easy to steer off course and buy things you don’t need or do things that aren’t productive.

So, my goals have gotten bigger and more profound, but so have the obstacles, so it’s even more important to stay focused and grounded as I enjoy more success.

Josh: In the country with the highest rate of consumption and desire for “things” you resisted splurging on the non-essentials but rarely. Have the changes you made in your spending and thriftiness continued even through the present? Do you still shop at discount stores and supermarkets?

Adam: Oh, absolutely. And that’s what’s so important. Now, I’ve got a little bit of money in the bank and I could go out and buy “things” or I can be smart and I can really set some things up (investment-wise, for example) for myself. When you’re broke, it’s easy to be thrifty. Hell, you’re broke! But when you have money to spend, keeping it in your pocket is a challenge.

If you go to Amazon.com, you can watch a two-minute clip (or it’s on youtube; search my name) and you can see the car I drive now (cost me $400) that I’m doing pretty well.
I definitely still shop at discount stores and supermarkets. I just made a trip to Target for clothes (first in 5 years, actually, where I stocked up my wardrobe) and I splurged big time. I spent $300 and I’m not sure when I’ll have to go back. :)

Josh: It seems that once you have gone from something to nothing and back again possessions take on a new meaning. Having starting from scratch, did the “things” you acquire seem to not matter as much as you once believed, could you lose it all again and not really care?

Adam: Of course, and I think that’s the irony in this entire project. I was aspiring for “things” ($2500, a car, an apartment), but in the end, I discovered that the foundation of the American Spirit is built on character: integrity, work ethic, friendship, compassion for others. Things are things. And absolutely, I could lose it all today and start over again, because it’s an attitude. So, things aren’t as important as how I treat others, for example. (Now, don’t get me wrong. I would love to drive around in a BMW, and perhaps one day I will. But, that’s only after I’ve built a happy life on top of a strong character.)

Let the free market decide how to run the market

*Note: do not read this unless you want to hear a lot of griping, I mean a lot.

In the last two weeks we have seen the most handouts ever given to a bunch of private investors in our country to make up for the investors’ mistakes.

(Gripe time)

This is a bunch of BS! If you and I make a bad investment mistake, no one is going to cover our losses. But the idiots in charge of our country throw out crazy statements like: “The investors are too big to fail” or “We have to protect the market.” Then they turn around and do the worst thing possible, BAIL THESE COMPANIES OUT!

I am going to go and bash my head against the wall for a minute. Be right back.

Whew, now I feel a little better. All of these bailouts are done with our (taxpayers’) money. This might be ok if there was any say in the matter, but there isn’t. I can’t go to a town hall meeting and state my position, nor can I write my representative or senator and gripe to them. In the end, there is no oversight on how the government chooses to spend OUR money.

During the last two weeks we have seen approximately $400,000,000,000 (Yes, 400 BILLION) used to bail out the banks, insurance companies and investment firms, including adding liquidity to the market (meaning: giving these same people cheap, cheap money, the same cheap money that got us into this mess to begin with). This means every man, woman and child in the United States is now $1,333 more in debt in addition to the $88,000+ that each family is in debt already. Who gave the government the right to decide what to do with my money and my future?

In reality, the government has no money to loan to these companies, so instead the government borrows money from the PRIVATE federal reserve (it is neither federal nor does it have reserves) at interest and bails out the investors with that money. This means our income tax and debt burden just increased because a small group of people made some very bad investment decisions. Am I the only one going crazy here?

Next time you are paying $4.00+ per gallon of gas or milk you can thank our own government for the mess. Regardless of what anyone says or who they blame it on, it is our own fault for electing people into office who don’t care about any of us.

Now that is over. Here are some videos people might find interesting.

Dollar Collapse - Peter Schiff - Freddie And Fannie Socialist Bailout = Hyperinflation

Listen to Peter Schiff the voice of reason.

History of the federal reserve

Money, Banking and the federal reserve

85 Billion Bail Out for AIG

AIG Bail Out: Another After-Hours Party as the Fed