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Message #1774
Tuesday, July 18, 2006

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  • WEALTHY: If you're not making $70,000 a year, read this ... (Jay Livingston)
  • HEALTHY: Time to toss your toothpaste (Dr. Al Sears)

  • WISE: Jodi Rell on the bottom line

ALSO IN THIS ISSUE:

  • Selling with silence (Yanik Silver)
  • Add "anathema" to your vocabulary

* Highly Recommended *

Turn Your Mind into a Cash-Generating Idea Machine

Imagine sitting in a meeting...a seemingly unsolvable problem is before the group.

Everyone is silent and stuck for ideas. But you come up with the thought that saves the day!

Everyone wonders why they didn't think of it. But only you know the answer to that question. It's because they didn't know HOW to look at the problem.

Ideas, not money, are the true currency of business and personal success.

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- Charlie Byrne


"This is the real bottom line. A person, with a paycheck, in his pocket, every other week, forever and ever, Amen."

- Jodi Rell

Confessions of an Amateur Communist

By Jay Livingston

A little secret I learned two years ago has allowed me to more than double my income.

You can use this same secret yourself. Perhaps it'll work just as well for you.

And the beautiful thing is ...

You won't have to change companies or go back to school ...

You won't have to storm into your boss's office, demanding a raise ...

You won't even have to work any harder!

But I can almost guarantee that this secret will dramatically improve your financial situation if you're an employee ... and that, if you're an employer, telling this secret to your employees will increase your profits significantly from day one.

Here's the secret ...

In a quick ETR message to employees looking to break out of their ruts, Michael Masterson was callous enough to suggest that anyone making less than $70,000 a year needed to figure out a way to get closer to his company's "profit stream."

In other words, that if you were floundering along with an average salary, you simply needed to find a way to more directly contribute to your company's bottom line.

It's a paradigm shift that involves doing something most humans find very difficult: putting your own self interests aside, for just a moment.

The trick is: Whenever you take an action at your company, whenever you start a new project or hire a new person or suggest a plan of action, you ask yourself: "Does what I'm doing here contribute to this company's profit stream?"

If the answer is no, you find something else to do.

For me, that question was anathema.

I was an editor with a financial publishing firm, and had been an editor (with an English accent, like "edi-tah") and writer my whole career. A career that spanned some 15 years and included stints with some fairly prestigious newspapers and magazines from New York to Washington, D.C. to Chicago ... along with numerous awards and incremental pay raises.

All the while, I was blissfully, almost purposefully, unconcerned with what the "hacks" in advertising were up to. (Usually, I assumed it was something nefarious, possibly involving double-entry accounting or even the transportation of immigrant labor in overheated boxcars.) I figured the sales guys lived crass, empty lives, chasing nickels and dimes and kowtowing to "the man" before passing out in their cots somewhere uptown.

Then, within a span of about six months, I had a kid ... and then read Masterson's article.

It was a one-two punch.

Suddenly, my eyes opened to the possibility that, some day, this kid might need health insurance, a place to sleep, clothes, food, tickets to the movies, keys to a working automobile, and some kind of financial compensation upon the unfortunate occasion of his parents' demise.

So, I figured, let's give this man's advice a try.

I started by asking myself: "Okay ... so how does my company make money? And how can I help it make more money in the most direct way possible?"

The answer was simple.

Instead of using my writing and editing abilities, such as they were, to create reports and newsletters ... I would switch over to the copywriting side. Where, suddenly, I would be SELLING the reports by writing ... drum roll, please ... sales copy.

Sounded simple. It was. But it was not easy.

I paid my dues, listened and learned, and pounded out literally dozens of drafts of my first sales letters, each successive draft more ridiculously horrible than the last. But after a while, all my mentors and helpful readers along the way helped me become a decent copywriter.

My stuff started pulling good "numbers." (I love those kinds of words now!)

After years of holding myself above the riffraff, I was down in the trenches, selling stuff. I was bringing in millions of dollars for my company - instead of merely drawing a paycheck as a highfalutin "edi-tah" and snickering at the sales "geeks."

Obviously, I'm damn happy I made the switch. (So is my wife, by the way. She no longer has to clip coupons - although she still does and always will, I'd bet.)

The idea of "getting closer to the profit stream" shocked me awake after 15 years of slumber, and got me not only closer to the profit stream but, more importantly for me, closer to some really interesting people who were making real decisions. Closer to the ideas that were shaping the company's future ... closer to the risks and the rewards ... and, perhaps most important of all, closer to the fun.

Today's Action Plan: Think about what you do each day in terms of what it's bringing - or not bringing - to your company's bottom line. If you're not making $70,000 a year, you're probably not close enough to the profit stream.

Here are some examples of what you can do about that:

If you work for an auto dealership and you're a mechanic, get your butt on the sales floor and start moving Chevys. That's what your boss is really trying to do, because that's what brings in the money and helps the company survive.

If you work at a hospital answering phones, find a way to work in the supply department, where you can improve controls and lower the hospital's expenditures.

If you work in middle-management and oversee staff, find a way to contribute to strategy, and figure out ways for your team to improve your company's bottom-line profits in the most direct way possible.

Or if, like me, you think copywriting might be the way to go, look into AWAI's copywriting program

It's ironic: By putting the company's interests first, and trying in good faith to do what you can to build the business, YOU will be rewarded as a result.

[Ed. Note: Jay Livingston is a professional copywriter. He lives in Delray Beach, Florida with his wife Melissa and their 3-year-old son Nate, who will soon be taught to get closer to his company's profit stream by cutting the neighbors' lawns.]


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Italian Sales Secrets, Part 2

By Yanik Silver

In my last article for ETR, I told you about some of the techniques Italian salespeople used to sell bags full of clothing to my wife and me on our trip to Italy.

Here's another sales secret I learned in Italy: You don't have to say a word to make the sale.

A few steps down Florence's "5th Avenue," my wife and I walked into Gucci. There were lots of items in there with the famous Gs that we don't have over here in the States.

I immediately sprinted over to a burgundy Gucci motorcycle helmet and stuck it on my head to continue the tradition of being an obnoxious American.

After making a fool out of myself, I wandered up into men's shoes and found a pair of loafers I loved. I asked the saleswoman to help me find my size, and she brought them out for me to try on.

Then she did something I've never seen before in a retail shop. She kept absolutely silent. My wife and I talked about the shoes and whether or not I should get them. We discussed their comfort and fit.

And the whole time, the saleswoman didn't say a word. In negotiations, we know that silence is a powerful tactic. And, guess what? The same goes for sales.

A typical sales rep would be telling me how great the shoes look, describing their careful construction, and listing the many occasions they'd be appropriate for.

But I wasn't cajoled or pushed or pressured into buying. The saleswoman stood by, attentive but silent. The choice to buy or not to buy was my own.

I'm sure you can guess what happened. I talked myself into buying the shoes.

[Ed. Note: Yanik Silver will be revealing one of the most profitable "hidden" Internet income opportunities around in ETR's Secrets of Easy Internet Money teleconference series. And be sure to check out his website.


Reader Feedback: "ETR is the best on the Web!"

"I have recently subscribed to your ETR website and have found it 'the best' on the Web! You're doing an excellent job, and I feel privileged to be a recipient of your hard work. Thank you! I have also recently ordered Michael's book - Automatic Wealth . It has been very helpful in training my thoughts and actions into the proper channels.

"Have a nice day - and thank you again for your wisdom and knowledge!"

Lynn Conway
Monmouth, IL


Would You Brush Your Teeth With Garage Floor Cleaner?

By Al Sears, MD

Last week, I explained that a preservative in many health and beauty products could be exposing you to unnecessary - and dangerous - amounts of estrogen. After the startling results my Wellness Research Foundation turned up on cosmetics, I looked at the daily products I was using myself ... and then I threw out my toothpaste. Here's why ...

One of its ingredients - sodium lauryl (laureth) sulfate - was originally used as an industrial garage floor cleaner. (This chemical makes the foam and bubbles as you brush your teeth.) In your mouth, it forms nitrates that are known carcinogens, which can lead to cancer.

The toothpaste included another chemical - PEG-6 (polyethylene glycol). It's used as a thickening agent. It's also used in oven cleaners for its ability to dissolve grease. And research pegs PEG-6 as cancer causing. No one seems to know what concentrations are safe and how much it would take to cause cancer ... but dosing ourselves daily doesn't seem wise to me. Especially since it's not necessary.

Here's a simple alternative: Sprinkle some baking soda on your toothbrush. Then add a splash of hydrogen peroxide. They are both very cheap and you can buy them at any grocery store. It may not be trendy or glamorous, but these two simple ingredients do a far better job of cleaning your teeth than most toothpastes. Hydrogen peroxide also kills bacteria better than any mouthwash and is ideal for gum health.

[Ed. Note: Dr. Sears, a practicing physician and the author of The Doctor's Heart Cure and 12 Secrets to Virility, is a leading authority on longevity, physical fitness, and heart health.]


Recommended Reading: The Man Who Carried a Drum

By Michael Masterson

If you like Civil War profiles, family dramas, and/or love stories, get a copy of The Man Who Carried a Drum: 108 War Letters and Love Letters of a Civil War Medic. It's a captivating profile of Harvey Amasa Chapman (1825 to 1909), who served as a medic and drummer in the 121st Ohio Volunteer Infantry from 1862 to 1865.

The book is the culmination of a lifelong ambition of David Wesley Chapman, a longtime AWAI member that I met about seven or eight years ago at one of AWAI's first copywriting Bootcamps.

David stood out among his peers at Bootcamp because of his physical size (a big, strapping guy), his friendly nature, and his ambition to become a successful writer.

Besides earning his living as a professional writer, he told us then, he wanted to write and publish a book about his family's history.

David left the Bootcamp fired up to make a career transition. But when he got back to his regular life, the daily necessities gradually claimed their hold on his schedule.

He didn't give up, though. Year after year, he'd return to Bootcamp, improve his skills, and make new contacts.

Then, several years ago, Katie Yeakle, Executive Director of AWAI, told me that David was writing full-time and doing well. And Katie just gave me a copy of his newly published book, in which he had written:

"To: Katie, MM, DM, PH, BB, and everyone at AWAI.

"Thank you for imparting the knowledge, skills, and confidence I needed to pursue writing as a career. You made all the difference, and I'll always be grateful."

There are few better feelings in business than to realize you've helped someone realize a longstanding goal. I'm happy for David and confident that this good book of his will be the first of many more.

What's your dream? What are you doing about it?

[Ed. Note: David Chapman will be returning to the ETR Bootcamp this November to learn how to market his book. Join him by reserving your own spot.]


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Word to the Wise: Anathema

"Anathema" (uh-NATH-uh-muh) is any person or thing that is intensely disliked. The word is derived from the Greek for "a curse."

Example (as used by Jay Livingston today): "For me, that question ['Does what I'm doing here contribute to this company's profit stream?'] was anathema."

 


Michael Masterson
Copyright ETR, LLC, 2006


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