Unexpected Insights for the Christian Entrepreneur Pt.3

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(If you didn’t read Part 2 of this series, check it out here)

“Let us stop just saying we love each other; let us really show it by our actions.” – 1 John 3:18 (NLT)

I think if I had one message to share with the world it would be this: IT’S NOT ABOUT YOU. This idea applies to every area of life. Let’s focus on how it pertains to business for now.

Businesses don’t exist for their own sakes. Sure, you become entrepreneurs to earn money and to try to live the life you dream of. Hopefully you also hope to make the world a better place and improve the lives of others through your work. But ultimately, your business is not about you.

Walmart founder Sam Walton reminds us that “There is only one boss. The customer.” Without customers, you have a hobby, not a business. So why do so many companies treat their customers and clients like anything less than the very reason they exist?

Why do many entrepreneurs fall in love with their product or service, to the detriment of the people who they are designed to serve? Theodore Levitt gives some terrific illustrations of this point in an article he wrote for the Harvard Business Review in 1975 called “Marketing Myopia.” Using examples from Hollywood to oil companies to railroads, Levitt shows numerous billion dollar mistakes companies and entire industries have made because of their preoccupation with their products instead of their customers. Many businesses have made themselves obsolete in the process.

(I strongly encourage you to read “Marketing Myopia” and take notes. The historical and practical lessons are profoundly valuable.)

Instead of being enamored with what we offer, we need to make our customers our number one business priority. How do our products serve them? How do they want to be served? How could they benefit them even more according to their expressed desire?

Elsewhere I have called this mentality “lowercase syndrome.”

As a Christian entrepreneur, you put God first, others (aka your customers/clients) second and yourself last. You should esteem others more highly than yourself, offering yourself as a servant, even as Christ humbled Himself to become a servant (Philippians 2:3-7).

Should you try to earn as much money as possible? Absolutely! Do it by offering the most value in the marketplace, becoming the most trusted provider of whatever you sell and making it as easy as possible for your ideal customers to buy from or work with you.

(John Wesley, founder of the Methodist church, had 3 rules concerning money. The first rule is to make as much as you can.)

For many of us, business is what the Lord has purposed for our lives. Do you think He designed a plan for you that required you to focus on yourself, your needs, your desires? Of course not. Selfishness is never God’s desire. He wants you to consider the needs of the people around you. Your business might be one of His ways to help you think about yourself even less.

Be a good steward of your opportunities. Be a blessing to each and every one of your customers instead of thinking of them as walking dollar signs.

In the words of advertising legend Leo Burnett, “What helps people, helps business.” I think God is pleased with that.

Unexpected Insights for the Christian Entrepreneur Pt. 2

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Read Part 1 of Unexpected Insight for the Christian Entrepreneur.

“On hearing it, many of his disciples said, ‘This is a hard teaching. Who can accept it?’ Aware that his disciples were grumbling about this, Jesus said to them, ‘Does this offend you?

“From this time many… turned back and no longer followed him.” – John 6:60-61,67 (NIV)

Although Jesus’ spoke His words to everyone, they weren’t accepted by everyone. In fact, scripture says that many people deserted Him because of His teaching.

Was this a surprise? Of course not. Verse 64 indicates that Jesus knew some would stumble. So why did He say what He did, knowing that He would alienate a significant portion of His audience?

Because the truth is the truth, no matter who rejects it. The truth will appeal to some and offend others. But the essential message itself must never be changed or watered down to make it more palatable to a wider “market.”

What in the world does this have to do with your business? More than you may think. Take a look at this Charles Atlas advertisements from the 1930s:

COMICAD_charles_atlas_3

Can you think of anyone who might find this (or the many other similar ads he ran) offensive? Did the potential backlash stop him from running them (and making a huge impact on the culture of the day)? Clearly not.

Atlas wasn’t worried about the people who might not like what he had to say. He wasn’t trying to convince them of anything. But the men who could relate to these messages were more than happy to send him money.

This is what Charles Atlas stood for, and he became an icon taking that stand in his unique, in-your-face manner.

So, what’s at the heart of your business, product or service? What do you stand for? Boldly take your stand right there, even though some people won’t like it.

(Example: In the copywriting arena, there’s always the long copy vs. short copy debate, or direct marketing vs. Madison Avenue-style general advertising. It’s simple enough to pick a side, and when you do, you instantly inherit opposition.)

There are 3 kinds of people you’ll encounter: 1) people who want what you offer, and with whom you can have a mutually profitable relationship, 2) those who never intend to buy from you and 3) people who don’t know you. If you want your business to become everything it’s capable of becoming, you need to tell your story, stand up for your position and be yourself. You and your message will resonate strongly with the people in group #1.

Who cares about group #2? Does it matter if they hate your ads or are offended by your stance on issues?

Individuals in the 3rd group will self-select their way into one of the first 2 groups as they get to know you.

Here’s the thing: if you dilute your message to appeal to everyone, it’s more difficult to tell the difference between people who are really with you and the ones that are “tire kickers.”

“Hard sayings” have a way of pre-qualifying your crowd.

In His 3 year earthly ministry, Jesus never backed away from the speaking the truth, even when it was harsh. As a result, He made more enemies than true followers. But in the subsequent months and years, those faithful few turned the world upside down for Him.

So here’s the point (which I’ve probably taken too long to get to): you can water down your message or choose not to take a bold stance on issues that are important to you and you’ll have access to a bigger crowd. But that crowd will be full of lukewarm listeners.

On the other hand, you can tell your story full-strength and create fired-up disciples and evangelists along with some folks who really dislike you and your cause. But there will be no lukewarmness.

Which way will you choose?

Tags: “christian entrepreneur”  business  marketing  advertising  messaging  bible

Unexpected Insights for the Christian Entrepreneur, Pt. 1

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“The horse is made ready for the day of battle, but victory rests with the LORD.” – Proverbs 21:31 (NIV)

There is an interesting dynamic at play that Christian entrepreneurs in every industry have to deal with: finding a balance between taking action and having faith in God as Provider. How do we avoid going to one extreme or the other?

The verse above paints a clear picture we can apply to our business lives.

As people of faith, we know that God has promised to supply all of our needs (Philippians 4:19), and we should trust Him fully for this provision. But does that mean we sit idle and wait for Him to do all the work? Obviously not.

Ultimately, victory and success comes from His hand. (That’s even true for people who don’t believe it!) But He still expects us to “make the horse ready for battle.” It’s less a matter of God “helping those who help themselves” (which isn’t in the Bible, by the way), and more an issue of cooperating with what He wants to do.

In most cases, the Lord uses His people to accomplish his will in the world. He works through us. E.M. Bounds said that “Men are God’s method…When God declares that “the eyes of the Lord run to and fro throughout the whole earth, to show himself strong in the behalf of them whose heart is perfect toward him,” he declares the necessity of men and his dependence on them as a channel through which to exert his power upon the world.”

He wants us to be willing co-workers (1 Corinthians 3:9).

What does that mean in practical terms?

It means do your part. If you want to win the battle, you have to prepare the horses. If you want to get customers, you have to market your products or services. If you want to retain clients, you have to treat them right and provide them with real value.

Do the best work you possibly can, then leave the results up to your Provider.

Read Unexpected Insights for the Christian Entrepreneur Pt. 2.

Juxta-Positioning

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Positioning is establishing your identity in the mind of your audience. Your positioning can be bad or good, strong or weak.

The best kind of positioning is when you can “own” a word or concept. Google IS online search. Kleenex equals facial tissue. Volvo is synonymous with automotive safety.

Sometimes, it can be appropriate to position your company, product or service relative to an established brand. Juxtapositioning, as it were.

There are countless ways to juxtapose your business, product or service with competitors. Here are 5 of the most common:

  1. Us vs. Them – offering uniqueness of a company or product over against a competitor
  2. Before & After – demonstrating a unique end result
  3. True or False – exposing the uniqueness of reality over common perception
  4. Exotic vs. Commonplace – uniqueness of origin, philosophy or perspective
  5. Ancient vs. Modern – discovering the uniqueness of ideas from a forgotten era

When your unique value proposition (UVP) is strong, but demonstrably different than the leaders in your field, Us vs. Them juxtapositioning is appropriate.

Slow Lube Lansing Positioning

As an example, take this photo from an auto shop in Lansing, IL (one of Chicago’s south suburbs). While Jiffy Lube and others offer 10 minute oil changes, emphasizing speed, this shop takes the opposite approach — a “slow lube.” It makes you wonder: what are the other guys really doing to you car? What are they missing or messing up? The contrast is stark.

Why try to compete with the other shops on speed? Quality and “proper service” aren’t even on their radar.

Before and After is simple, right? Think exercise machines and acne medication. Demonstrate how the future can be better and brighter with your product or service.

Where misconceptions are hurting people in the market, or just keeping them from buying from you, become a mythbuster. Remember those commercials sharing the “truth” about how corn syrup is as safe as sugar? That’s full-fledged True or False juxtapositioning at work:

Exotic vs. Commonplace can be best seen in the way we Westerners love products from the East, from green tea to yoga. The opposite is also true. People from around the world clamor to get their hands on American products and brands.

People get bored. We associate the familiar with the results and experiences we already have. To have a new experience or better results, exotic products hold special appeal.

Ancient vs. Modern plays on the notion that we’ve traded something significant from the past to make way for the electronically-enhanced artificial present. Technology, as much as we love it, seems to have trumped wisdom. Instead of reaching out to touch someone, we have touchscreen phones and tablets.

There’s a longing for “the good ol’ days.” (I reckon there has been ever since Adam and Eve.)

Titles including “The ancient art of…” or “long-lost secrets of …” have a mysterious attractive quality. They help sell millions of books, courses, classes and products every year.

The-Ancient-Art-of-Tea Positioning

How can you use these juxtapositioning techniques to strengthen your place in the market?

 

What Marketing is All About

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“You’ve gotta come and see this!” my wife exclaimed as she ran into my office (which is any room with no kids in it at the time) last night.

“What is it?” I was curious what had made her so excited in the middle of the night.

“Just watch,” she said, unpausing the DVR. She played the commercial for the 2014 Honda Odyssey.

Normally she doesn’t get excited about commercials, but this one had her head spinning. “Honey, I need that van!” kept rolling off her lips for the rest of the night.

Honda is really onto something here.

What Makes This a Great Commercial?

There’s nothing particularly brilliant about the special effects. It’s not thigh-slappingly funny. But it got the only thing that truly matters right.

It showcases the built-in vacuum.

The commercial is brilliant because it highlights a brilliant move Honda made when they designed this car.

honda-odyssey-2014-built-in-vacuumimage via theshoppingmama.com

Maybe they hired a mind reader, or maybe they just asked van drivers what they wanted in a new van. However they came up with the idea, they’re now offering something that moms and dads (the ideal customers for vehicles like this) have been wishing they’d had for years.

That’s what marketing is all about folks. Finding out what people want and helping them get their hands on it.

Honda’s the first car manufacturer to offer this innovation (if I can call it that), but they won’t be alone for long. Their unique selling proposition won’t be unique for long.

What do they need to do to keep the advantage?

P.S. Are you having trouble crafting your own rock-solid USP? You should consider this.

Worst of Signs, Pt. 2

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Here are a couple more instances of crummy signs in my south Chicago neighborhood.

Teeth Sign Chicago

This is a billboard for a dental practice just off the highway. Maybe it’s just me, but it seems terribly offensive, or at least insensitive. But it’s been in the same spot for several months, so maybe it’s working better than I think. Of course, since the sign isn’t keyed to produce trackable leads (in direct response fashion), it’s hard to know for sure, even for Dr. Atcha.

Pops Sign Lansing

If I have to point out what stinks about it, you need some help, too.

If I ever sign up for Pinterest, I’ll be sure to have a board dedicated to the good and bad advertisements I see around Chicago. There are plenty of both.

Did you see It Was the Best of Signs, It Was the Worst of Signs Pt. 1?

It Was the Best of Signs, It Was the Worst of Signs

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dad highest rank

This billboard by the National Responsible Fatherhood Clearinghouse and the Ad Council is one of the best advertisements I’ve ever seen. It doesn’t qualify as direct response or direct marketing, but it is promotional.

More than that, it’s emotionally powerful. For proud dads like myself, for those who are saddened by the lack of father figures in our nation, and particularly for military families, these 7 words speak volumes.

It’s among the best of signs because it’s targeted, which makes it laser-guided towards specific emotional responses. The imagery aims right at the heart.

Does your advertising evoke the right emotions in your target audience?

support

I mentioned this sign in an interview I did last year as being one of the dumbest signs I’d ever seen. I went back to take a picture of it in the window of a shop in south suburban Chicago.

The handwriting is nice, but that’s about as far as the positives go. And if I’m not mistaken, that shop is no longer open.

This is among the worst of signs because it is wrongly focused. Businesses cannot walk up to would-be customers and say “Hey, give me some of your money.” Businesses only stay in business because they provide value to their customers.

The business exists for the customer, not the other way around.

The sign doesn’t offer any reason whatsoever for the reader to support the business. I could understand a sign that says “Support American Businesses.” That’s asking the customer to do something that is in the best interest of the economy of his country. That means it’s good for him in the long-term.

This particular sign comes much closer to panhandling than marketing. It’s just asking for support without promising anything unique or valuable in return. What reason does anyone have to support them?

Are you giving your audience reasons why they should do business with you in your advertising? Are you telling them what’s in it for them? If not, you’re completely missing the point.

How to Earn All the Twitter Followers You Deserve

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Last time I Googled “how to get more Twitter followers,” 579,000,000 results came up. This is clearly a topic on many people’s minds.

First, a question: Would you rather have thousands of followers who never interact with you or your content, or 100 raving fans who retweet regularly and click all your links? Do you value quantity over quality?

All things being equal, bigger is better. But the point is that the size of your audience isn’t the only factor you should be concerned about developing.

Real Life Matters
Your personality outside of Twitter has a huge impact on the size and type of following you attract. Just ask Tim Tebow or Ashton Kutcher. Celebrities get massive numbers of followers instantly because of who they are, even when they break all the “rules” of Twitter etiquette.

I believe the foundation of creating the audience you deserve is actually being someone worth following. Do you have something valuable to share? Do you offer unique perspective to the people reading your tweets? Are you actively brightening their day in some way? If not, you probably won’t attract or keep the kinds of followers you want.

Now you have to let the world know what you can do.

Get the Bio Right
They say you only get one chance to make a first impression. In many cases, your profile picture and 160-character bio will determine what potential followers will think of you. It can make the difference between gaining attention and getting ignored.

You’ve experienced it yourself; when you see a profile that doesn’t have a photo, you second-guess whether it’s even a real person. With all the fake accounts, spammers and bots, you never know.

Beyond that, you have a few lines to tell everyone who you are, what you’re about and what they can expect when they click the Follow button.

If you have a website, blog, portfolio, etc., you should always include a link. That let’s you demonstrate how awesome you are without the character limitation. You can link to a free valuable resource to get followers to start consuming your content right away.

There’s an App for that
Your profile and your tweets should always be appropriate, appealing and applicable.

Appropriate: Know who your audience is and who you’d like to be in it. Share content appropriate for that audience. It wouldn’t do much good for Nike to share a video about pulled pork sandwiches.

Appealing: On the other hand, Nike’s followers want to know about sports, sports gear and health/wellness issues. What does your audience care about? What are they worried or excited about right now. Tweeting on those subjects, adding your expertise and sharing resources are powerful ways to you grow and nurture loyal, attentive followers.

Applicable: As much as possible, members of your Twitter community should be able to do something with the content you share. They can open hilarious videos that make them LOL. They can click links to help them fix them save on car insurance. Or they can see the world through your eyes for just a minute.

For the most part, no one wants to know all the intimate details of your daily routine. Tweet stuff that matters to your followers.

Are You Talking About Yourself…Again?
Some how-to articles tell you how often to send out different kinds of tweets. What percentage should be links? What tweet/retweet ratio should you use?

I don’t know if any of these figures can be proven to work better in every instance.

You’ll probably agree that high-quality content is always welcome. Good jokes go over well, no matter what percentage of your tweets they comprise.

If you create content for the purpose of educating, entertaining or otherwise improving your follower’s day or life, why hold back? You could probably get away with 100% of your tweets being links to your website.

That being said, interacting with your followers and your colleagues is usually a really smart thing to do. Everyone likes @mentions. Replies and retweets can only strengthen the bonds you have.

Developing a great Twitter following is less about learning techniques than most social media gurus would like you to think.

For example, a widely-taught tactic for growing a big audience is to follow people who you’d like to follow you, then unfollow the ones that don’t. Sure, you will get about half of those individuals to follow back, but think about it: you don’t follow them because you care about their tweets. You just want them to read and respond to yours.

If everyone on Twitter followed all the people they wanted to sell to but had no interest in listening to, what would that look like? It would be horrible. Everyone talking, no one listening. That’s not what social media is supposed to be about.

Naturally, knowing how to operate in any environment (online or off) is important. But if you don’t start with value creation, you’re neglecting human nature. People exchange their time for things that are more valuable to them than other things they could be spending their time doing.

Become a reliable source for those kinds of things and you’re on the right path to growing your ideal audience.

Raise the Bar on Your Value Proposition

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What is Rolex’s unique value proposition (UVP), really?

What do they do that no other watchmaker does? Do they make the world’s most accurate timepieces? The most durable? Nope. The most aesthetically pleasing? I’d give that a “no,” but I guess that one is debatable. Do they offer special features that can’t be found in other watches? Not really.

So what is it that makes Rolex so special? If we think about that for a moment, we may gain insights that will immediately impact the way we run and market our businesses.

Two Unique Conversations

apple vs. samsung marketing war

I’ve long been an advocate of finding your uniqueness. If you’ve been reading my stuff for any length of time, you’ve heard this conversation on numerous occasions. But my thinking about how uniqueness works out in the real world is evolving. Two conversations have really sparked my changing perspective.

My first inspiration came during a conversation with a brilliant marketer, my good pal Chuck McKay. He was explaining to me how there’s really no way for products to be truly unique anymore — at least not for more than a few months. Companies that create technological advancements that customers get excited enough to pay for usually see copycats coming up right behind them almost immediately.

Exhibit A: The multi-billion dollar global battle, Apple vs. Samsung.

Jack Welch said that “If you don’t have a competitive advantage, don’t compete.” So what do you do in an environment where your advantages can be ripped off so quickly?

Well, the force that creates loyal, enthusiastic customers (ones who don’t make price the the primary factor in their buying decisions) for companies like Apple, Rolex and Harley-Davidson can work just as well for you.

Boiling It All Down

You may point to the way that strong brand positioning is propelling companies like Rolex forward, and you’d be correct. But what really lies behind this branding thing? More importantly, how can you use it to build of loyalty and top of mind awareness like a Nike.

The second conversation I mentioned earlier was more of a conversation I had in my own mind after reading an article written by Kimanzi Constable. When you boil it all down, business is about relationships and experiences. Branding is about relationships and experiences, both real and imagined.

unique relationship as value proposition

Have you ever seen images of fans at a Michael Jackson concert? People went bananas! Security personnel and paramedics were always on hand to handle people who whipped themselves into a frenzy and often passed out.

Good music was only part of the cause. You can bet these folks didn’t pass out every time a Michael Jackson song came on the radio. But at the concert, perfectly rational, even-keeled people became emotional, delirious fanatics . Their relationship with Michael may not have been personal, but it was very real.

Your favorite musicians may have a similar effect on you. Music creates powerful emotional experiences and, in a way, we have vicarious relationships with musicians (and other fans) through the art they perform.

Those experiences and relationships are where true uniqueness can be found. Even in a commodity business where unique value propositions are hard to come by, you can create unique experiences with customers. Just like famous musicians, you may never see them face to face, but the unique relationships you forge can be very real.

Years ago, I had a manager who told me that “every man should own a Rolex.” Rolex represents success, refinement and even masculinity for those who own them and those who desire them. This is the unique relationship Rolex has with its customers. The brand is capable of providing them with a highly-esteemed status symbol, one that draws both admiration and jealousy, in a way no other timepiece can quite replicate. The brand is an extension of the owner’s self-image, the self he wants to portray to others. He will gladly pay thousands of dollars to accomplish that.

Building Your Unique Value Relationship

Even if you have an established USP/UVP, you should start to think about your marketing and branding in terms of relationships instead of propositions. There are countless ways to build your unique value relationship (UVR). Since it is unique to each individual, I can’t tell you the best way for you to put everything together. But here are some principles to get you started.

1) Make and keep bold promises. Inspire, excite and challenge potential or existing customers. Most of your competitors will never do anything to shake people up and make them take special notice. They’re too busy playing it safe.

2) Provide remarkable customer service. Treat the customer like royalty (note how royalty and loyalty rhyme, at least in English). Give ridiculous guarantees and take away as much of the risk as possible from your customers. Make it easy to buy, easy to ask questions and get answers. Go further than your competitors are willing to go to take care of your customers’ needs. Live the Golden Rule. Don’t just say you care–prove it.

3) Stand for something. Or against something. Be a hero, an advocate. Champion the cause of your audience. Few things build and strengthen relationships like a shared goal or a common enemy.

4) Create an exclusive clique. Starbucks initiates customers into a whole new world of coffee enjoyment. I worked there for years, so I’ve seen the effect firsthand. These people are forever ruined to Folgers. But it’s more about being a member of an elite class of coffee connoisseurs than the quality of the drink. I had plenty of people tell me that Dunkin Donut’s brew tastes just as good.

If there’s anything in the world that’s a commodity, it’s coffee. Starbucks still found a way to become unique. It’s all in the experience.

5) Make the most of your location. Be THE neighborhood auto body shop. Or accountant. Claim your territory and dominate it. To steal a popular slogan, like a good neighbor, you should be there.

I believe the only way to free your business permanently from the commoditization rat race (a.k.a. the economy of today and tomorrow) is to develop and maintain a uniquely valuable relationship with people you can truly help. That is something no competitor can rip-off or destroy.

Go get started. Today.

Authenticity, Awesomeness and the Red Herring of Altruism

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Greetings, good people.

An apology before I get started.

This may turn out to be a little bit of a rant. We won’t be discussing a particular marketing concept or copywriting technique. There are a few ideas “out there” right now that I want to talk about. I still think you’ll be get some good information and insight from this conversation, but I apologize for going off-road.

Be Yourself, Doggone It

“Authenticity” is a huge buzz word these days. That’s both a good and a bad thing.

Many of the gurus and would-be teachers online now are pumping the message of authenticity. Be yourself. Speak with your authentic voice. Don’t try to be anyone else, no matter how much you admire them. Nothing wrong with being that unique individual you were created to be, right? Right!

In a copy-and-paste world, I guess that advice is necessary. When everyone seems to be winning but you, it’s tempting to start mimicking what others are doing. Besides, most of our instructors have told us at one time or another not to “reinvent the wheel,” as it were. Find something that works, and model it.

One the other hand, a 27-point list on how to be myself may be counterproductive.

Hear me on this: don’t chase authenticity. Being yourself is simple, even if it isn’t easy. Anyone who makes a big production out of this idea is sending you on a snipe hunt. That includes me. Check out this quote from American president, Woodrow Wilson.

“If you think about what you out to do for other people, your character will take care of itself. Character is a by-product, and any man who devotes himself to its cultivation in his own case will become a selfish prig.” The same is true for authenticity.

By all means, be yourself. If you’re not sure what that means, it’s time for some introspection. Write in a journal, spend some quiet time in deep thought, turn off the TV or radio and pay attention to what’s really going on inside. You’ll probably learn a lot.

We are all imposters and copycats anyway. To an astounding degree, we figure out who we are and who we’re not from the people around us. From infancy forward, we imitate our parents and role models and build our personalities on the scaffolding they set up.

Is that Awesome or What?

It wouldn’t be an exaggeration to say that I’ve seen a dozen articles, blog posts and other references to “being awesome” in the past two weeks. Gotta admit, all the chatter is starting to bother me.

What in the world does that statement even mean? It’s fairly arbitrary and generic. What is the standard for awesomeness? How do we measure it? Who’s the final judge when there’s a disagreement over levels of epicness (another word that’s hotter now than when Homer penned the Iliad)?

Here’s a thought. Don’t worry about being awesome. Now, it’s important and praiseworthy to pursue excellence in your field. But that’s more concerned with the pursuit of technical expertise or specialized knowledge. There’s a subtle difference.

I don’t think you can just write an article that says, “Be Awesome or Die.” But there is material out there right now that says exactly that. I don’t see anyone telling me “How Win the Kentucky Derby Right Now!” There’s no way you could sell that idea. On top of that, would you be frustrated if you read the article, and when you woke up the next morning, you weren’t ready to compete in the Derby? Would you wonder what’s wrong with you that you couldn’t get it to work? Do you need any extra frustration in your life?

“How to Become a Solid Marathon Runner in 8 Weeks” makes more sense. Specific, realistic, quantifiable.

My advice? Whatever you’re doing, do your best every day. And every day, try to get better. If you keep getting better, you’ll be pretty epic by the time you’re through. How awesome it that?

Altruism

According to legend, one day Pablo Picasso sat in a restaurant in Paris drinking a cup of coffee. A woman recognized him, approached him and asked him to draw sketch of her. Being the gentleman that he was, Picasso obliged. When he was finished, she took the drawing, and asked “How much do I owe you?”

“$5,000,” was Picasso’s reply.

“$5,000?!” she exclaimed. “But it only took you three minutes!”

“No,” he answered, “it took me all my life.”

What do you think Picasso would say about this romanticized notion of the starving artist? The one who creates masterpieces for the love of the craft, and would never commercialize his art. He will suffer poverty before “selling out.”

The question of art versus commerce is ridiculous. I’ve loosely labeled this idea altruism, that is, doing for or giving to others without seeking anything in return. Not looking for any benefit for yourself.

What does altruism have to do with anything? I’m glad you asked.

Honestly, not very many people are talking about being altruistic nowadays. Everyone seems to be telling you more and easier ways to become one of the rich cool kids. But I know for a fact that a lot of people feel guilty for charging what their services are worth. Or they’re scared to ask for it. Or they question whether it’s right to make people pay them to do what they love to do.

Get those thoughts out of your mind.

It is not greedy to charge what you deserve. If your plumber loves fixing pipes, should he charge you less to do it? Of course not.

Be as bold as Picasso in the anecdote above. Know the value you provide, and ask for pay commensurate with the value you bring to the table.

I’m not sure true altruism exists on planet earth. There is some degree of self-interest involved with every action. But in business, the question is a red herring. Thinking about it is nothing more than a waste of time. Stay focused on doing the best work you can do, creating as much value as possible, and earning what you’re worth for it.

Generosity is good. In most cases, I recommend being charitable on the back end. Earn as much as you can, then give as much as you can (in the words of John Wesley, founder of the Methodist church) to deserving causes.

Feet on the Ground

Wow, that really did turn into a rant. I violated my own principle of talking about one thing, but then again, the overriding topic was getting your mindset right and protecting yourself from time-draining thought processes.

We’ll get back to the regular format next time. Thanks for letting me get that out. If you have any thoughts, disagreements, or whatever, feel free to let me know. I look forward to hearing from you.

(originally published May 10, 2011)