The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Start with the why

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

Cyberdeth

Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Jan 10, 2018
51
75
112
44
Sydney, Australia
I just watched this TED talk by Simon Sinek where he describes his golden circle which basically says that all sales and basically a business' purpose, should really start with one question. Why? What do you think about it?

How great leaders inspire action
 

Don't like ads? Remove them while supporting the forum. Subscribe.

TreyAllDay

Whatever it takes
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Feb 9, 2016
562
1,708
495
30
Edmonton, AB
This is one my favourite ted talks - quite popular, I think one of the most watched. I used this framework when working in marketing for a large national retailer and it was the key to my success in almost all marketing-related initiatives.

If you think about it - it's common sense really. Even as people, we can't build meaningful, purpose-driver lives without understanding our OWN why.

Anyway - not sure how relevant this is to my smaller-sized business doing $250k a year, as opposed to the $50 million dollar a year company I used this on.
 

ChrisV

Legendary Contributor
EPIC CONTRIBUTOR
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
May 10, 2015
3,143
6,824
1,512
Islands of Calleja

TreyAllDay

Whatever it takes
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Feb 9, 2016
562
1,708
495
30
Edmonton, AB
Yea loved it. I think it really pairs well with Chapter 45 in Unscripted about branding.

Oddly enough though I'm not a HUUUUGE fan of some of his other videos. He has one talk that is shared on FB lots with inspirational music and the "WATCH THIS IF" stuff pasted on top. Basically just him saying millennials are hard to manage in workplaces and employers need to adjust lol.
 

Ronak

Gold Contributor
FASTLANE INSIDER
Summit Attendee
Speedway Pass
Sep 13, 2013
492
1,603
479
This is one my favourite ted talks - quite popular, I think one of the most watched. I used this framework when working in marketing for a large national retailer and it was the key to my success in almost all marketing-related initiatives.

If you think about it - it's common sense really. Even as people, we can't build meaningful, purpose-driver lives without understanding our OWN why.

Anyway - not sure how relevant this is to my smaller-sized business doing $250k a year, as opposed to the $50 million dollar a year company I used this on.

Can you elaborate on how you used it in your previous job? Interesting concept but I'm not clear on how it translates to action, it would be helpful to hear some examples.
 

TreyAllDay

Whatever it takes
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Feb 9, 2016
562
1,708
495
30
Edmonton, AB
Can you elaborate on how you used it in your previous job? Interesting concept but I'm not clear on how it translates to action, it would be helpful to hear some examples.

I love ranting about my marketing past, so sure lol.

What Simon Sinek talks about is really just a fancy way of talking about company values/culture and how it translates into your consumer marketing. I came in to this business when it was going through a transition in leadership (auto repair franchise). The business was stagnant because customers/employees didn't believe in the brand, nobody was making the right decisions driven by any brand values, customers didn't understand what differentiated us. The issue was they were marketing themselves as "auto experts" (which every competitor was doing), the brand focus was on something called "CAR LOVE" basically you love your car so you take it to the experts. Basically really low BLAH energy in the whole place.

After some digging we found that the reason most franchisees joined was because of the founder, his focus on INTEGRITY (specifically that word).. We also found that in auto repair most customers worry about getting screwed over, and they desperately want to visit shops with integrity as well as with a great customer experience. Basically what made people passionate about their work was Integrity. So we basically did a 2 year reinvention of the brand focused on something called "Experience Integraty" - integraty was sort of a cute play on the business name (Integra).

The key with starting with WHY is an internal change first. We got employees excited again about the brand - they started talking about how to demonstrate "integraty" even if it was small things like doing more charitable work, learning more to better serve the customers, demonstrating honesty even when it was difficult. Managers actually had a "WHY" or value system to hire people based on and not just "do you have the skills" When we changed the outward facing marketing that's when people really clicked - we had MORE traction in commercials for a auto repair shop, without even MENTIONING the word "Auto repair" - customers knew it was for a mechanic shop but they latched onto the "WHY" - the subject "integrity" and trusted the brand more.

Grey revenues from $30-$50 Million in the 3 years I was there and grew franchisees by 30% after just shifting the brand focus.

Here's an example of an ad that drove sales the most - keep in mind the product isn't even mentioned.
 

Sponsored Offers

MARKETPLACE Not sure how to start? This free book will teach you how to build a successful web design business
If there’s one thread I see repeated over and over again on the forum, it goes like this: “I...
  • Sticky
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
Any scholarship programs for those who can't afford the course? Broke but need this course :)...
  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
It's an affiliate link, so it's hard to give those up! The affiliate links are automatically...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
A week ago someone asked if one of my courses is still relevant (referring to the Upwork...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Thanks for clearing that up. What do you recommend for those who are still in the process of...
  • Sticky
MARKETPLACE Kill Bigger Incubator
I have not offered one of these in a while, but it looks like I have time to take on an...

What are Fastlaners Currently Reading?



Forum Sponsor

Grow an online business:
- Start immediately!
- Master business skills!
- 100+ Fastlane students enrolled!
Review & Details >

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom