the space.”
Most of you will have less money than some of the leaders
in your space. Even if you have less money than other players
in the market, that doesn’t mean you’re at a disadvantage.
Although they may be able to outspend or outadvertise you,
you can certainly outwork them by using social media, per-
sonal visits, mail, e-mail, networking, and so on. Create cam-
paigns using the resources you do have. There is no shortage
of energy, effort, creativity, or how much you can make con-
tact with your clients. Use variations of campaigns of offers,
information, video, links, third-party validation, mail, e-mails,
phone calls, and personal visit combinations to counter the
expensive and often wasteful ad campaigns used by the bigger
players. Warning: When using activity to counter “deep
pocket” advertising of competitors, never underestimate how
much activity it takes to be noticed and to maintain attention
in your space. For example, people think that they can post
twice a day on Facebook or Twitter and that they are creating
an effect. You don’t understand massive action if you think in
twos and you defi nitely are underestimating the size of the
Internet if you think a couple of posts are going to get you
noticed. Like every other aspect of growing your business, you
have to keep showing up over and over and make it obvious
that you are not going away.
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The good thing about social media is anyone can play in
the space, regardless of his or her fi nancial situation. It allows
for unlimited creativity, and rewards only those who use it
consistently and persistently. When I fi rst started playing with
social media, I posted twice a day. I don’t know what I was
thinking—it was a moment of “little think.” We simultane-
ously began sending out e-mail strategies once a month and
found ourselves getting requests from people who wanted to
be removed from our e-mail campaign. My colleagues sug-
gested I back off. That is when I woke up and came to my
senses. Instead of backing off, I made the order to increase
the number of posts to 10 times what we had been doing.
I then instructed my employees to start sending out electronic
strategies twice a week instead of monthly (eight times) and
began personally posting comments on Twitter 48 times a day
(once every 30 minutes). Each of them was written by me, and
they were set up to be dropped in at a certain time. Although
you might assume that the complaints and “unsubscribe”
requests would increase with this massive outfl ow campaign,
they didn’t. Instead, we started receiving e-mails and posts
of admiration for my activity level, and compliments for my
willingness to provide people with free sales and motivational
information. The questions came fl ooding in: “How can you
do all this? How big is your staff? Where do you fi nd the time?
Do you ever rest?” And for every person commenting, there
had to be another 1,000 thinking something similar . . . and who
do you think they were thinking about? This was not expen-
sive to do and only cost me energy, effort, and creativity. At
the same time I was doing this, the guy who most people com-
pare me with was asked what he thought about social media.
He responded, “I am still evaluating it.” While he is evalu-
ating, I am beating it to death. I posted one day on Twitter,
“I am going to make Twitter my little bitch.”
This is a great example of domination and outrageous
think and action that doesn’t cost money. Think about dom-
ination like this: You can’t dominate if you don’t penetrate,
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THE 10X RULE
and you won’t penetrate by using reasonable levels of activity.
Your biggest problem is obscurity—other people don’t know
you and aren’t thinking about you.
Another problem for all of us is just getting through
the amount of noise in the marketplace. You have to do two
things: (1) get noticed and (2) get through the noise. In my
case, had we made a decision to back off in order to satisfy
a few complainers, we would not have expanded our contact
base. The more I posted, the more people liked us. The more
we put out, the more people we helped. As we blasted on this
new program, we even saw posts from competitors mocking
me. Yet even these comments brought attention to me and
my business. Two things will happen when you take the right
amount of action: (1) You will get a new set of problems and
(2) your competition will start promoting you. I love it when
I have made such an impact that others who don’t even know
me are having conversations that raise awareness about my
business, my products, and what I am up to.
Determine the capability, actions, and mind-set of those
against whom you compete. Do what they will not do, go
where they will not go, and think and take actions in 10X quan-
tities that they cannot comprehend. Don’t get too involved in
competing on best practices; take your actions to a point con-
sidered unreasonable by the world, where you are doing those
things that only you and your company would, could, or are
willing to do—something I call “only practices.”
For one company I once consulted with, we identifi ed
places in which “only practices” could be employed. We dis-
covered that the industry in general struggled with the prac-
tice of following up with customers. So we looked at what our
competitors would not do and found that none of them would
call back clients as they left the store. This led the company
to immediately initiate programs during which clients were
called back as they drove out of the parking lot. Managers then
immediately started calling clients’ cell phones as they left the
company’s premises and asked them to return. If the call went
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83
to voicemail, the manager left a message requesting the client
to, “Please come back immediately. I have something you must
see.” Or the manager would send a text suggesting that the
company had something to show the client right away. If there
was no successful contact made, another manager repeated
the callback program that same day and again the next morn-
ing. The results were crazy. Almost 50 percent of the clients
returned immediately, and almost 80 percent of those became
buyers at that time. Another 20 percent returned as a result of
the later calls and increased the sales of that organization to
new levels. This is an example of “only practices.”
It doesn’t matter what you do—it does matter that your
goal be to dominate your sector with actions, that are imme-
diate, consistent, and persistent and at levels that no one else
is willing to operate at or duplicate. Take any action, and take
it to a level that will separate you and your company from
everyone else who might be in your space. Be willing to
spend every last bit of energy, effort, and creativity on dis-
tinguishing yourself as the only player there. Learn how to
dominate by being fi rst in the minds of your market, your
clients, and even your competitors. Market conditions won’t
improve until you improve the way you think and approach
the market. Even if you are in a weak market, you suffer less
when you dominate it. Weak markets actually create oppor-
tunities because the players in those markets typically have
become dependent and weak because they don’t know how to
operate in a more challenging environment. Don’t feel sorry
for them; dominate them. They’re not having bad luck; their
average think and actions are simply failing them. The mar-
ketplace is brutal and will punish anyone and everyone who
does not take the right amounts of action. Now is the time
to shift into making your every thought and action aimed at
dominating your sector, market, competition—and the every
thought of your potential clients. Quit thinking about com-
peting. Despite what everyone says, it’s not healthy. It’s for
sissies.
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