A Business Coaching Question: Which Has Greater Intellectual Property, Training Or Selling?
Just recently I was speaking at Mall Of America and I placed a fun bet with the event organizer, Jeff Mills of the Midwest Super Conference in Minneapolis, Minnesota.
I told Jeff that I would be his top closer at his event.
Jeff, told me, “Glenn, Joel Bauer is speaking at this event and I am sure he is going to be the top closer.”
Joel today is one of the best pitchmen in the world—I would argue the best—and to watch Joel is to instantly realize he is the best.
However, going head-to-head with Joel didn’t phase me.
I simply looked Jeff in the eye and stated, “I will beat Joel. And I will be the top closer at your event.”
NOTE: One of our Business Coaching Speed To Market Principles: “Always put yourself in a position that demands that you will succeed.”
Just this week I received a special Fed Ex parcel from Jeff, delivered to our International Office in Sarnia, Ontario, Canada.
And it was a surprise gift from Jeff announcing that I won the bet!
Refer to the photo that includes Jeff’s hand written note on top of the gift that I won.
This leads to an important question I want you to consider. When it comes to your Intellectual Property, what has more value: sales or training.
In other words is sales more important or is training more important when it comes to valuing your Intellectual Property?
Here is my quick response to this question: Without sales, a business simply cannot exist no matter how great the training.
At the same time, without great training, a company cannot exist long term even though it has a great sales process.
In other words in both scenarios a company cannot leverage the power of Zipf’s Law. (In an over-crowded market place, your ideal clients will choose the company/person perceived to be on top.)
Both are extremely important. And both can be leveraged through a concept called ‘Asset Bundling.’ In other words, 1 + 1 = 3 or 4 or greater.
This is another real life example of why you must create an education system (training) that embeds a sales process.
On a final note: Sales is the ultimate metric of how well your marketing is doing; and a properly created training system will leverage sales 24/7 and allow you to leverage the power of Zipf’s Law.
If you are positioned properly, Zipf’s Law is the ultimate weapon that perpetuates your sales at a subconscious level and compels your ideal clients to do business with your for a lifetime!
This is exactly what has caused our company to become one of the fastest growing B to C and B to B high level coaching programs today.
Create More Value, Make More Money
To Properly Valuing Your I.P.!
Glenn
P.S.
A Freekishly Powerful Concept Based On Gresham’s Law To Help You Develop The Confidence To Play Big…Right Now.
Live In Front Of The USS Midway In San Diego, California…
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September 25th, 2009 at 7:05 pm
Congrats bro … You nailed it!!!
Really proud for you.
JP Maroney
aka “Mr Monetizer”
September 25th, 2009 at 7:29 pm
Here are some strong reasons for hiring your own business coach. Business Market
September 25th, 2009 at 7:46 pm
Hey JP:
Thanks for your comment. The real reason I nailed it is because of the success of our clients.
One of these days I am only going to run video testimonials. We have over 24 hours of video testimonials!
Social Proof, or as we call it, “Client Proof” is crucial in a day and age of ‘who can you trust’?
G.
September 25th, 2009 at 7:56 pm
Geez,
I wish I could hire you.
There is nothing more frustrating than knowing What to do but not knowing HOW to do.
September 25th, 2009 at 8:50 pm
Hi Glenn, It was good to speak to you this afternoon from your speaking engagement in San Diego. This is a great video lesson to us in a great context~the site of the U.S.S. Midway. I believe all businesses are at war with an unseenenemy (a type of submarine). You can help us hunt for the submarine(the source of the torpedo) and destroy it. We will be #1 on the waterway of our choice. From http://PlayOnGolf.com we look forward to working with you very soon in your inner circle.
September 25th, 2009 at 9:58 pm
Tim:
Speed To Market: ‘All truth is the detection of an analogy.” You are right, there is a strong metaphor lying in the water behind me.
Thanks, Tim. I look forward to welcoming you into Inner Circle on Monday.
G.
September 25th, 2009 at 10:01 pm
Stevie:
Thanks for your honesty and you are correct. The key is knowing when to do something and in the correct order within our ‘Speed To Market’ paradigm.
Don’t hesitate to phone our Int’l office and speak with Karen…519.542.3043.
Incidentally, I can fully relate to the money problem. Not that long ago I too was faced with insurmountable debt.
Do whatever you can to ‘get close to the source of momentum’.
Glenn
September 26th, 2009 at 5:40 am
Hi Glen, I wasn’t one of the (TOP-15) people picked but I am still having a problem with the (3) Most Negative Experiences that I went through.I’ve had a lot. Parents,2 Brothers have passed away and I have an older sister in a convalscent facility who may not last that much longer. Which leaves me another older brother and a younger sister that I don’t associate with. I’m single,52yrs. young on SSI,I live alone and I’m barely making it. Cash advances are killing me. So, you have a good idea where I’m coming from, so, where do I BEGIN? And I think You and Sam are Great Together.
September 26th, 2009 at 1:26 pm
Congrats Glenn.
I was here to see you speak at event in Atlanta last year and have been to 2 major events since. I’d still hand you 1st place in best presenter I’ve seen, so I ‘m glad to see you are turning the sales as well. I still recommend you to the most successful people I know as I’m sure they’d benefit from your tremendous offerings.
-Randy Barnes
Atlanta GA
ps – now I must proofread and spell-check as I feel like I’m back in the 8th grade
October 1st, 2009 at 12:19 am
Randy…
Thanks. Look for something very big coming soon.
In the meantime, please feel free to register as an affiliate.
Thanks and let me know how I can be of further assistance to you.
G.