Dan Danford is an accomplished entrepreneur who loves to read! This program, developed with the St. Joseph Area Chamber of Commerce, was developed to bridge the gap between great ideas and personal success. Each week, Danford will lead an Internet discussion about a popular business, finance, or personal growth book. Designed so that busy people can read along, and then take simple steps to implement great ideas in their own lives or business.

Monday, April 19, 2010

Magic Words for Business

This book was recommended by Dodie Jacobi, a respected business consultant in Kansas City. She suggested that it offers great insight into the social media environment, and is an easy read, too. If you own or work in a smaller business those are magic words: helpful and easy. I bought Crush It! that same day. I read it the next weekend.

I agreed to “lead” a discussion on this book blog because Dodie was right. Gary Vaynerchuk is a compelling character. His story is unique and wonderful. He used social media and other resources to crash one of the most exclusive parties in the business world – the wine industry. His fresh approach, enthusiasm, sincerity, and (yes) charisma allowed him to jump multiple rungs of the success ladder. That’s what any of us want, right?

And his story is not just about marketing, either. I know my way around marketing, and another marketing book isn’t necessary for my personal library. Gary’s approach blends both life and business lessons, along with a bit of Zig Zigler or Dale Carnegie. Why Now Is The Time To Cash In On Your Passion is the book’s sub-title and Vaynerchuk clearly thinks that’s the important theme for success.

His three simple rules appear on the book’s second page:

• Love your family.
• Work superhard.
• Live your passion.

Now, the business implication is that social media and networks create the perfect opportunity to live your passion. Whether it is wine, motorcycles, or personal finance (to randomly select a few!), there is a community of like-minded people seeking expert commentary. And, since you are passionate about it, you can find an audience. Eventually, that audience can be lucrative enough to pay your bills.

Chapter Two’s lesson is that our personal uniqueness is an asset. I really enjoyed this chapter because Gary talks us through his personal story. In some ways, it’s the perfect American tale, from immigration at three years old, to eventual status as “Social Media Sommelier” (ABC News) and Wayne’s World Wine Aficionado (nightline). Like most success chronicles, it’s a great story and it makes fun read.

Chapter Three is – in many ways – the essence of this book. “Developing your personal brand is key to monetizing your passion online.” In the author’s case, that meant offering truthful information about wines in easy-to-understand terms. If you’ve ever browsed a wine store or bought a traditional book about wine, you understand how refreshing that is! You also understand why Gary Vaynerchuk has become so successful.

The point is that almost everyone has similar opportunity. We all care about different things and we all bring unique perspective to them. And we all have the ability to communicate that perspective in a variety of ways. We can write, talk, act, speak, or even create original art to share our message. And, if we are passionate enough and work hard enough, we can prosper because of it.

Questions for blog discussion:

1. Think about a successful person you know. In a few words, what is his or her passion?

2. How about Bill Gates or Warren Buffett? Again, in a few words, what separates them from others in their field? Describe their personal brands.

3. How does the Steve Jobs personal brand differ from Bill Gates?

4. If you achieved international success as a businessperson, how might people describe your personal brand?

4 comments:

  1. This comment has been removed by the author.

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  2. Ok, so I had a response that answered all these questions and I accidentally hit back and it erased it. Here's an edited version:

    Some of my friends have gone into business (one has a store front, others just in their spare time) making business out of their passions of art, photography and music.

    Gates and Buffett both have a personal brand of being extremely good at what they do.

    While Jobs is just as, if not more successful than Gates, he has a much cooler personal brand. He gives presentations wearing jeans and a T-shirt, while Gates is more of the nerdy, computer geek guy. Wow, those Apple commercials really work, right?

    People would describe my personal brand as swift, honest and grammatically correct (at least most of the time). I am easily annoyed with BS and talking in circles. Maybe it is from my years as a journalist, but I tend to see through the crap and get to the heart of the matter. And then I edit it down for space.

    I think that's why I like this book so much, so far. He writes like he speaks. I was very impressed by this until I read that he dictated the book. Oh well, he knows his strengths. I look forward to reading more.

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  3. Ahhh! I see an error after saying I appreciate good grammar. That's one thing I do appreciate about the online culture -- people are more likely to forgive errors online than in print!

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  4. Yeah, and if you produce enough prose, there will be errors! Jobs and Gates present an interesting comparison. Obviously, both are mega-successful in the computer business, but Jobs is like the most popular kid in 6th grade, while Gates is setting in the corner with a book (guess which one I identify with?) Compltely different styles, but each has used his style to advantage. When it comes to branding, I guess the lesson is that each of us has strengths, and our brand builds around that. Just find a way to magnify those traits - adding some expertise and passion - through social media.

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