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Monday, May 9, 2005
Message #1409

"A man is known by the company his mind keeps."
Thomas Bailey Aldrich
  • 2 ways to take advantage of one of the biggest advantages of direct-response marketing
  • The kind of exercise that improves the health and strength of your heart
  • Keep exploring the "neighborhood"
  • A little book that made a big difference in an important part of Michael Masterson's life
  • Can (should) the government do anything to protect you from identity theft?
  • What the word "edification" means

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WEALTH

Marketing Tests That Could Improve Your Bottom Line

One of the biggest advantages of direct-response advertising is that you can test an offer on a small group of targeted prospects. If it works, you can then "roll out" to a larger group and reasonably expect similar results. By the same token, if your test does poorly with a particular type of list, you can be pretty sure that you shouldn't bother mailing that offer to similar lists.

What should you test? Here are two recommendations that have the potential to make a significant difference in your profitability:

1. Test your mailing with and without certain elements. You may find that response is just as high without that costly buck slip or brochure.

2. Try a split test of a $49 selling price vs. $79 vs. $99. Surprisingly, the lowest price does not always win.

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- Charlie Byrne


HEALTH

The Cardio Myth, Part 2

If you want to increase the health and strength of your heart, you don't need to spend hours on a treadmill or run for miles and miles. In fact, doing that can be counterproductive.

Endurance exercise actually makes the heart, lungs, and muscles smaller, so they can perform longer with less energy. But what you gain in efficiency, you lose in reserve capacity. In other words, while you might be able to handle an hour-long jog, you compromise your ability to produce bursts of energy. In your later years, it is this reserve capacity that provides protection from heart attacks.

So if you want to improve the health and strength of your heart, focus on short intervals of intense exercise punctuated by brief periods of recovery.

(Reference: "The Doctor's Heart Cure" by Dr. Al Sears)

- Jon Herring


WISDOM

You May Not Know Why You Are Where You Are ... but Don't Let That Stop You From Learning as Much About It as You Can

"An infant who has just learned to hold his head up has a frank and forthright way of gazing about him in bewilderment. He hasn't the faintest clue where he is, and he aims to learn. In a couple of years, what he will have learned instead is how to fake it: He'll have the cocksure air of a squatter who has come to feel he owns the place. Some unwonted, taught pride diverts us from our original intent, which is to explore the neighborhood, view the landscape, to discover at least where it is that we have been so startlingly set down, if we can't learn why."

(Source: Annie Dillard in "Pilgrim at Tinker Creek")


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TODAY'S MESSAGE

A Great Way to Recharge Your Reading Habits - and Enjoy the Benefits of a "Well-Read Life"

by Michael Masterson

Do you ever wish you had more time to read? Do you sometimes wish you had a better knowledge of science? Of geography? Of economics?

Would you like to find some extra reading time and use it to ...

  • Make more money?
  • Have more fun?
  • Understand more about the world?

I used to feel that way. But my busy life crowded out the extra time. If I could find 15 minutes to read every day (usually before falling asleep), I was lucky.

I don't feel that way now. These days, I spend at least two hours a day reading. I read three daily newspapers, about a dozen weekly or monthly magazines, numerous periodicals and books. I love books - fiction for my pleasure and non-fiction for my edification. (See "Word to the Wise," below.)

Reading has made me a better boss, a smarter parent, a more understanding spouse, and a much more successful businessperson. Right now, as I write this, I'm in the middle of the following books:

From each of these books I'll take something - a productivity tip here, an interesting fact there; a good story here, and a quotable quote there. I read each at the pace it deserves; some slowly, some quickly. And I have taught myself to stop reading a particular book the moment I decide there is little or no benefit in continuing.

Reading has always been an important part of my success and happiness. I am not unusual in that regard. Most of the most accomplished men and women of our time credit a good part of their success to reading.

My reading took a step up about a year ago when I read a manuscript copy of a book that's just been released called "The Little Guide to Your Well-Read Life." It was written by Steve Leveen, the president and CEO of Levenger Inc., the well-known catalog company.

You should get yourself a copy of it. Not only will you thoroughly enjoy Steve's story - how he found his own "well-read" life - but you'll be motivated and informed about starting one of your own.

An example:

"When my wife, Lori, and I founded Levenger and started selling 'tools for serious readers,' our customers graciously purchased our reading lights, bookcases, and notebooks. Yet there was one repeated request we could not fulfill. Again and again customers said to us, 'What I need is more time to read. I just wish you could give me that.'

"As a merchant, I found it frustrating to hear customers express such a deep desire and not be able to satisfy it.

"But then I met a fellow who made it his hobby to ask people about their favorite books in order to build his own ideal reading list. I learned about people who fill their libraries with hundreds of carefully chosen books they would like to read. I discovered readers who read lots of books by listening to them. I encountered people who praised their reading groups for how much more they gained from books shared this way.

"Other readers described how they retained more from their books if they wrote in the margins or made summaries in notebooks. Still others became born-again readers due to some signal event (often a personal setback) and expressed how grateful they were for their rebirth.

"I began to wonder if I should collect these techniques and stories to share with our customers. If I couldn't literally give them more time, perhaps I could give them tools for getting more books into the time they had."

And that's exactly what Steve did with this very well written 120-page gem of a book. "The Little Guide to Your Well-Read Life" is a leisurely read (you can do it in a single sitting) that is chock full of amusing anecdotes, useful reading techniques, and simple wisdom that will please you immediately and reward you long afterward.

I'm reading it for the second time now and it's better than the first read - which was very good. There are not too many experiences in life you can say that about.

Get your copy of "The Little Guide to Your Well-Read Life" by going to Booksense.com or Amazon.com.


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TODAY'S ACTION PLAN

How do you find the time to read? How do you decide which books to read? What are you reading right now? Tell us about your "well-read life" on Speak Out.


IT'S GOOD TO KNOW

Congress vs. Identify Theft

Identity theft - high-volume identity theft - has been big news lately. Writing in The New York Times Magazine, Richard A. Clarke reminded us that just a few months ago, "executives from ChoicePoint and LexisNexis [data brokers that make money by selling personal information about you] and various experts had to explain to Congress how the identity data of more than a million Americans had been compromised."

Aside from asking questions, is there anything Congress can do about it? More than you might think. For example, says Clarke, "Congress could prohibit companies from storing or selling your Social Security number [and other personal information] without your written permission; set minimum security standards for companies that do store your Social Security number and require third-party audits against that standard; prohibit companies from using your Social Security number as an identifier."

Well then ... why don't they?


WORD TO THE WISE

"Edification" (ed-uh-fih-KAY-shun) is intellectual improvement or enlightenment.

Example (as I used it in Today's Message): "I love books - fiction for my pleasure and non-fiction for my edification."


Michael Masterson
Copyright ETR, LLC, 2005

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