One of my favorite shows on TV of late is Shark Tank.

The show cen­ters on aspir­ing, brave, and some­times down­right idi­otic inven­tors and entre­pre­neurs who pitch their ideas in front of a group of mer­ci­less, seem­ingly heart­less mul­ti­mil­lion­aires, beg­ging for invest­ment capital.

Some of the advice that come from these “sharks” are pretty obvi­ous and com­mon­sen­si­cal, espe­cially to peo­ple who’s been in busi­ness for as long as I have.

But a lot of it is bril­liant. Bril­liant, but also brazen, unabashed, and bru­tally hon­est. It’s not for the faint of heart. If you don’t like see­ing peo­ple, along with their hopes, dreams, and busi­ness ideas being shred to pieces on TV, then this show is cer­tainly not for you.

The more I watch that show, the more I learn. It’s not just a fas­ci­nat­ing pro­gram, it’s a million-​​dollar edu­ca­tion in just one hour a week. And for free to boot. If you ever get a chance to watch that show, do it. You’re going to learn so much. It’s an amaz­ing show.

If an idea or busi­ness is dumb, dead, or down­right dread­ful, they will say it. Often, in no uncer­tain terms. They have to. After all, their money is on the line.

But then again, so should it be with you.

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I was recently inter­viewed by a print mag­a­zine about how I started my busi­ness. In it, I offered sev­eral tips and ideas on how to carve a niche in the mar­ket­place that I per­son­ally applied.

I real­ized some of these tips were par­tic­u­larly pow­er­ful. So I wanted to reprint some of my answers here for you.

If you know my per­sonal story, you know how niche mar­ket­ing played an impor­tant role in my career.

Long story short, as the child of an alco­holic I feared rejec­tion immensely, which led to a reclu­sive child­hood. We all fear rejec­tion to some degree. But for me, it was debilitating.

I wanted to over­come my fears and decided to dive into the world of sales in order to fight them head-​​on. Years passed and many fail­ures ensued until I finally became the top pro­duc­ing sales­per­son in Canada for a major For­tune 500 company.

How did I accom­plish that?

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I’m in Austin, Texas this week to attend a wed­ding — con­grat­u­la­tions to Heather and Bran­don! — and a week­long, pri­vate sem­i­nar with my mas­ter­mind group. But while I’m here, I’ve got some good news and some bad news…

The bad news — for me, not you — is that, a week before leav­ing, I suf­fered a sacroil­iac joint injury. It was likely caused by my bad pos­ture related to my exist­ing her­ni­ated discs, which as a result is caus­ing ago­niz­ing sci­at­ica.

For the first three days, I was com­pletely immo­bile. It took me an hour just to get out of bed! Any slight move­ment would cre­ate shoot­ing pains in my lower back, par­tic­u­larly in my but­tocks, and would go down my leg with aches and a “pins and nee­dles” feeling.

It’s excru­ci­at­ing. In fact, I almost backed out of the Austin trip. But being able to regain some mobil­ity, I took a chance at the last minute. Luck­ily, the air­line pro­vided me with a wheel­chair. Cur­rently, I’m walk­ing with two canes and a back brace.

Now, the good news…

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The other day, one of my read­ers asked me the fol­low­ing ques­tion, which I found rather inter­est­ing: “Why should the author of a prod­uct be included in their sales copy?”

Seems like a pretty redun­dant ques­tion, right? Espe­cially to any vet­eran copy­writer or mar­keter worth their salt.

But the ques­tion didn’t stop there. The reader offered the fol­low­ing insight, which explains why this issue was such an impor­tant one to him, and why I felt com­pelled to answer:

“Specif­i­cally, why do my read­ers need to know who I am or what I bring to the table? How does telling them my qual­i­fi­ca­tions increase the strength of my copy? My prod­uct solves a med­ical con­di­tion. But I am not a doc­tor and I have never had this con­di­tion myself. I’ve spent a year research­ing the best method to cure this con­di­tion. I have a list of 20,000 peo­ple with this con­di­tion and con­verse with them a lot. I know pretty much every­thing there is to know about this con­di­tion and have made it into an ebook.”

The answer is quite sim­ple, actu­ally. In fact, in his attempt to defend him­self (i.e., that he’s not a doc­tor but has lots of expe­ri­ence and spe­cial­ized knowl­edge about his mar­ket), the reader answered his own ques­tion. Let me explain…

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Scotty Stevens asked me an impor­tant ques­tion. So impor­tant that I’ve decided to reprint it here, with his permission:

“How far would you travel to meet a poten­tial client, if they had the deposit ready for your ser­vices? My girl­friend thinks the cus­tomer is pulling the strings if they don’t at least meet me halfway. Before, I’ve always trav­eled as far as it takes, even if it meant dri­ving all the way to the cus­tomer, but is that set­ting a weak precedent?”

Good ques­tion, but it’s the wrong one.

“How far would you travel” is irrel­e­vant. A bet­ter ques­tion is, do they value your time? Do they respect it enough that they are will­ing to pay for it? In other words, are they will­ing to cover your travel expenses and pay for you to go out of your way for them?

If so, then I’d be will­ing to travel anywhere.

I would always con­sider trav­el­ling to meet a prospect if the project was large enough, and pro­vided they paid for what is com­monly referred to in this indus­try as “TMI” (i.e., travel, meals, and inci­den­tals). And in some cases, for my time, too.

(By the way, travel includes lodg­ing, and inci­den­tals include pho­to­copy­ing, long-​​distance calls, Inter­net con­nec­tion in the hotel room, car rental, etc.)

Plus, I would ask them for an advance so I can take care of my own expenses. I would avoid get­ting them to han­dle my trip on their end. I would want to have full con­trol over the choice of air­line, hotel, restau­rants, etc.

If you were dri­ving to meet them, then the client — or, in this case, the prospect — should pay for your gas, nor­mal wear-​​and-​​tear on your car (such as $[X] per mile), your meals, and any inci­den­tals. And lodg­ing too, if you were stay­ing overnight.

There’s a very good rea­son for this.

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Yes­ter­day, I had a tweet burp.

(If you’ve been liv­ing under a rock in the past year, a “tweet” is a brief, text mes­sage on micro-​​blogging plat­form Twit­ter.)

I call it a “tweet burp” because it’s some­thing like a brain fart. But I pre­fer “brain burp.” Rea­son is, unlike a brain fart where one for­gets some­thing basic or says some­thing mean­ing­less, what I thought, and sub­se­quently tweeted about, was sur­pris­ingly meaningful.

And for some, even profound.

They are tips on how to Twit­ter bet­ter. (Try to say that 10 times in a row really fast!) Let me share it with you by post­ing some of the high­lights here.

Some of these tips are not extra­or­di­nary, of course. Most of them are sim­ply com­mon sense. But they are some of the things I do in my own social media involve­ment that has proven to work well for me. I rec­om­mend you do the same…

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The lifeblood of your busi­ness is your list of cus­tomers and prospects. Wouldn’t it be great to grow it faster?

Accord­ing to the Inter­net Mar­ket­ing Center’s 2006 sur­vey, online adver­tis­ers are cap­tur­ing con­tact infor­ma­tion from an aver­age of between 5% and 10% of the peo­ple who visit their web­sites, and of those, only 1% to 2% become pay­ing customers.

That SUCKS!

How would you like to uncover a lit­tle known way to do 4 to 7 times bet­ter… with­out hav­ing to attract a sin­gle addi­tional vis­i­tor to your website?

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