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27 Timeless Pearls of Wisdom from a Legendary Marketer (Must-Read Brilliant Fastlane Advice)

Anything related to matters of the mind

MTF

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I was browsing through my old Evernote notes and rediscovered this brilliant little known article from Gary Halbert (and actually, his student Mitch Axelrod who made notes after attending Gary Halbert's and John Carlton's event).

I'm pasting it below with the most interesting parts in bold (many of them sound like taken straight from The Millionaire Fastlane ):

Here Are 27 "Pearls Of Wisdom"
I Dug Up Last Weekend:

1. Don’t worry about improving your image. Improve your substance. The world is starved for substance. Most people are working on image. Few work to improve substance. Those who do will stand head and shoulders above the rest.

2. Fail fast. Drop losing projects immediately. After trying to find a solution to a marketing problem which simply didn’t exist, Gary Halbert wrote three words on the white board which most of us were thinking in our heads:

Drop This Project!

It's not easy to let go of things we’re emotionally attached to, but it’s necessary to move on.

3. Most people are self-absorbed. Appeal to their selfish side. Forget your point of view. It doesn’t matter. If you want to sell Johnny Jones what Johnny Jones buys... you MUST see Johnny Jones through Johnny Jones' eyes. What does he want more than anything?

4. Gary said, "If I found the cure for AIDS, everyone would get it. How much money I make would not be an issue. When you discover something important enough, the goal is to make sure everyone who wants or needs it can get it. Shift attention from how much can you make to how many people can you help. The money will come."

5. NOTHING is risk-free. LIFE is not risk-free. You’re a heartbeat away from a Christopher Reeves moment. If you can’t accept risk, you are living on the wrong planet. What risk can you take which might alter the quality of life as you know it?

6. Hire experts. Don’t try to do everything yourself. Especially when it comes to the most important parts, including copywriting and crafting your sales message. Don’t spend a fortune on the unimportant things, then economize on the pivotal items. Know when to bring in the experts.

7. Outspend the other guys. Many businesses do things on the cheap. Shoestringing and bootstrapping are successful strategies when money is tight. When money is there, spend it. A business campaign can rise or fall based on the money behind it. Don’t hesitate to invest money, especially on the important things. If you don’t have it, find someone who does and share the bounty. 100% of nothing is still nothing!

8. You don’t want to sell just one million books (widgets, etc.). You want anyone who wants what you have to be able to buy it. Don’t set arbitrary limits. Find a way for everyone who wants what you have to get it. It will enrich you in the process.

9. Don’t become a student of products... but... do become a student of markets. Know your markets better than you know your products. If you fall in love with your product, it will blind you to reality. Fall in love with markets. If there isn’t a market, reconsider or drop the product. Use the SRDS (Standard Rates and Data Service directory) to find your buyers (www.srds.com). It’s not a cheap resource, but it’s vital if you plan to reach a pool of hungry fish.

10. Don’t do LMS… ("Lesser Mortal Shit") [a Halbertism]. Delegate everything except your highest value work. If you run out of highest value work, do the next most valuable work. Don’t do $10/hour work or you won’t ever reach your highest and best value.

11. Two things will get a person’s attention and interest: Showmanship and the "Reason Why". To get the attention of the person you’re after, a little theatre will go a long way. Be creative. If you’ve got 20 big fish to catch, don’t send a letter... but... do send a courier. Gain their interest with a powerful "reason why". Why would they... why SHOULD they... give you their time and attention? What’s the most compelling "reason why" you can give which satisfies their self-interest? If you don’t know, ask your buyers.

12. Understand the Triangle of Marketing… #3 is the copy, #2 is the message, and #1 is the audience. Make sure you have the right/best/hungriest/rabid audience, or your message and copy won’t ever get seen, heard or read. A mediocre message to a great audience will always do better than a great message to a mediocre audience. Know your audience, hone your message, and don’t scrimp on copy. Like an interesting story, good copy gets read.

13. Don’t care about what ANYONE thinks. How often do we hesitate and delay because of what others might think? We thwart our success and happiness worrying about what other people think. We don’t regret the shots we do take, even when they don’t work out. We do regret most of the shots we don’t take. Follow the real desires which lurk deep in your heart. Don’t worry about what others think.

14. Tell your story. A powerful story creates an emotional link. I call this the "E-Link". John Carlton, one of the world’s highest-paid copywriters, says personality is missing in most marketing messages. He suggests we "pinch-them-in-the-butt" and tap the passionate "sweet spot". Tell a story. Connect it to what the person can DO (results, accomplishments), and how the person will FEEL (the strongest E-Link). What story can/will you tell?

15. Gary wrote on the board...

Greedy People Lead
Lives That Suck!

Enough said.

16. "Gun-to-the-head-thinking" can get you out of a jam or tough time. If someone had a gun to your head, and to save your life you had to craft the best message you could, what would you say?

17. There’s too much bad news. We can’t hear the voices of light. Cats find the sun spots. They seek the patches of light. (Did you catch that? That's where the name of the seminar came from... "Patches of Light" seminar.) How can you be a source of light?

18. Speak… "from down below." If you want your credibility to soar, don’t speak from your mouth; speak from your pelvis. Imagine your entire chest cavity as one big voice box. Speak "from down below"… and you will create a stronger, more powerful presence. (Thank you, Burt Dubin for this little-known sage advice used by opera singers to get the most from their precious instrument.) [Gary's Note: I have no recollection of Burt's statement.]

19. You’re NOT in the marketing business. You’re in the ARITHMETIC business. If your arithmetic doesn’t add up, you won’t have a business for very long. Start counting.

20. You want to sell your products and services to "addicts" - profound, irrational, passionate, rabid, insane people who buy frequently and spend a lot. That’s your IDEAL buyer. Where are they? How can you reach them? What will you say to them?

21. 10,000 hours… that’s how long it takes to become really good at something. That’s 2,000 hours per year for five years. It can take doctors and other professionals twice that long (10 years), and most self-made millionaires take four times that long (that’s right, 20 years is the average time it takes for self-made millionaires to achieve "overnight" success). You can’t invest a few hours in something and expect to become an expert. There are many self-proclaimed "pseudo-gurus" who emerge after one or two successes and claim expert status. Experts hone their chops over time. What’s your expertise? Hone it, refine it and continuously improve it.

22. The "instant-gratification-society" claims millions of lives each year who fall for the Success BS that the road to success, fame and fortune is quick, easy, painless and risk-free.

23. Entertainers, artists and musicians practice 10,000 hours to hone their chops, most of it in solitude and anonymity. Entrepreneurs suffer ups and downs, ins and outs of all kinds over many years before they hit their stride and achieve consistent and lasting success.

24. There are no shortcuts. Then again, why should there be? The journey, the process itself is the reward. The achievement of a goal or objective is icing on the cake. The real payoffs are what we learn, how we grow, who we meet and how much we pass on to others.

25. If we polish up and internalize these pearls of wisdom, especially those which challenge our existing boundaries and beliefs, the payoff can be priceless.

26. If we seek out and embrace critics, we will learn things we could not know otherwise. It’s courageous to listen to the truth, especially when it’s unpleasant. Seek the truth and embrace it. Don’t run from it or hide from it. The truth WILL set you free.

27. Things I disagree with most can often be the truth which does me the most good. Beware of what you defend, protect and reject. It just might be a life-changing gift in disguise.

This weekend I opened up to the possibility that my view is skewed (it is), and my thinking is broken (we all have blind spots). That doesn’t mean I’m broken, just my thinking. Last weekend I didn’t defend, protect or project an image or vested interest. I didn’t try to prove I was right, look good or be inauthentic. As a result, I got astounding insights and an amazing amount of valuable input.

I hope in sharing these Pearls of Wisdom they make as much a difference in your quality of life and quantity of prosperity as I know they will for me.

With my highest esteem, I am yours truly,

Mitch

----

Here it is online: http://www.thegaryhalbertletter.com/newsletters/zfzs_pearls_of_wisdom.htm

You'll find a lot of his advice repeated in one way or another in @IceCreamKid's posts, @MJ DeMarco's posts, @Andy Black's posts (I see your head nodding at the "Shift attention from how much can you make to how many people can you help" part haha) and many other posts by some of the smartest guys here. Truly life-changing gold stuff.
 
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GIlman

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Mentors can be great, but it's hard to find GOOD ones. But there is no excuse to not be learning from the experience of others, there are tons of virtual mentors (MJ and FLF, Gary Halbert, Andy Black, Books by leaders, etc).


Sent from my iPhone using Tapatalk
 

MTF

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@GIlman - that's true, it's hard to find a good mentor, especially a local one. That's why I have a habit of consuming almost every single piece of content I can get whenever I discover someone who resonates with me. I still remember how sad I was after finishing 1000+ pages of Gary Halbert's brilliant newsletter. It wasn't just reading material - it was like getting to know him and learning from him almost as if he were my private mentor (his writing style helped a lot).
 

AustinS28

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Number 3 reminds me of the book e-myth. Love that one.

This Steve Jobs quote came to mind on number 2

"People think focus means saying yes to the thing you've got to focus on. But that's not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I'm actually as proud of the things we haven't done as the things I have done. Innovation is saying "no" to 1,000 things."

Nice list here.
 
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Andy Black

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I still remember how sad I was after finishing 1000+ pages of Gary Halbert's brilliant newsletter. It wasn't just reading material - it was like getting to know him and learning from him almost as if he were my private mentor (his writing style helped a lot).

I must re-read the Gary Halbert's letters. They're tremendous.


This Steve Jobs quote came to mind on number 2

"People think focus means saying yes to the thing you've got to focus on. But that's not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I'm actually as proud of the things we haven't done as the things I have done. Innovation is saying "no" to 1,000 things."

^^^ I love this.

I've done lots of different things over the last few years, and feel I'm finding my focus by the process of elimination.

Here's a post where I was wondering how to find your focus:



And this all reminds me yet again of this tremendous Dan Sullivan video (which I've posted about dozen times in the forum already!)

I LOVE the graphical representation of finding your focus through "Not this. Not this. Not this."

I'm also inspired by the thought that it's possible to spend your whole life motivated and fascinated by one activity, and to be more and more motivated and fascinated by it as you grow older.

Here's the video.
 
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Weaponize

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4. Gary said, "If I found the cure for AIDS, everyone would get it. How much money I make would not be an issue. When you discover something important enough, the goal is to make sure everyone who wants or needs it can get it. Shift attention from how much can you make to how many people can you help. The money will come."

Filled with awesome.

8. You don’t want to sell just one million books (widgets, etc.). You want anyone who wants what you have to be able to buy it. Don’t set arbitrary limits. Find a way for everyone who wants what you have to get it. It will enrich you in the process.

Awesome reframing...

27. Things I disagree with most can often be the truth which does me the most good. Beware of what you defend, protect and reject. It just might be a life-changing gift in disguise.

Guilty.

This weekend I opened up to the possibility that my view is skewed (it is), and my thinking is broken (we all have blind spots). That doesn’t mean I’m broken, just my thinking. Last weekend I didn’t defend, protect or project an image or vested interest. I didn’t try to prove I was right, look good or be inauthentic. As a result, I got astounding insights and an amazing amount of valuable input.

Inspiring!

+rep thanks for this @MTF
 

MTF

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MTF

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Bumping my own thread because Gary Halbert's advice is truly timeless.
 

Argue

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I love #13. It's funny because I have an idea that's truly lurking in my heart with desire. I told my co-worker about it and he said it's a pointless idea.

That caused hesitation in me to take action- but after reading this, I have no doubt. I'm gonna take action and if it fails, I drop it. No love lost.
 
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