Tuesday, September 9, 2008

My Notes from Jonathan Jay's first session

Here they are - please help me clean them up / add to them, if you can


  • Enthusiasm can be more important than skill
  • Be the Harrods not the WallMarts in pricing
  • The price you set is the value you place on yourself asnd that is the single most important factor in your business
  • Ask yourself what additional products or services you can offer your existing customers
  • How can you leverage your time in such a way that people pay you more money for the same or less amount of your time?
  • Just because we’re broke doesn’t mean everyone else is
  • If you’re passionate, you may forget it’s a business – passion needs to be underpinned by good business sense
  • When you are “new to the circuit”, some customers will want to snap you up (and others won’t) – so concentrate on the ones who will by magnifying the value of your ‘newness”
  • Position your fees with the top players in your niche area
  • Exchanging personal time for money is a bad business model, so you need to change it if you are going to move forward
  • One of the most critical factors is the revenue model and 80 percent of the revenue is linked to marketing
  • 80 percent of your time should be linked to your marketing model
  • Focus your time on your marketing strategy – you can learn everything you need to know about marketing in twenty hours max
  • If you’re not making money, make contacts – network!
  • Whatever is being written and televised about the most is a clue about what your strategy should include
  • Your biggest payday will be when you have created an entity that you can sell
  • To break the business model of time for money, marketing is key
  • If you have a market place that wants something, you can be average and still have outstanding results
  • Get the audience right and then get the message to that audience right
  • You should have an affinity to the very specific niche market you are targeting
  • Copywriting is what people are most embarrassed about
  • You need to learn how to write in such a way that people will buy from you
  • Think about the return on investment – not the cost

2 comments:

Jim said...

Useful Model for success so worth thinking about our rating in each part of the puzzle and asking how we improve on each. My sense is that we are right back into our sales/marketing conundrum ..

Copywriting
Generating qualified leads
Repeat business
Testimonials
Proof of benefit

J

Hemal said...

Thanks Brad for your synthesis of this
Good work by Jonathan, but also your synthesis ;)