Posted by admin in Scarlett O'Hara, Gone With The Wind, Darkness At Noon, Capitalist, Arthur Koestler, Los Angeles, Owner, Actor, Money, Mt. Everest, Edvard Munch, Businessman, Alexander and the Terrible, Truitte Rose, Fatherhood, Entrepreneur, Horrible, No Good, Sales Calls, Contract, Judith Viorst, Very Bad Day, Corporate Rain
One of the joys of fatherhood is discovering the insights and blunt wisdom of children’s books. My eight year old daughter, Truitte Rose, had a favorite book last year titled “Alexander and the Terrible, Horrible, No Good, Very Bad Day” by Judith Viorst. I couldn’t read it to her enough. It chronicles a day in a boy’s life where nothing goes right.
I too had a bad day last week at my company, Corporate Rain. I hit my chair dealing with client crises, fighting a cold, losing a valued associate, dealing with a minor credit card fraud, and reading a dense legal contract. On the side of my desk there was a Mt. Everest of overdue sales calls I needed to get to. And this was before 12:00. I was frustrated. I was angry. I was having a terrible, horrible, no good, very bad day.
As an entrepreneur I’ve learned that a day like this can be dangerous—not because of the circumstantially difficult day, but because of my internal reaction to it.
On such a day I invariably feel I have to push hard—to move, move, move—to rush, rush, rush—to compensate. And when I give in to this feeling, I make poor judgments. I make mistakes. I insult people and lose my temper. My whole mien becomes frenetic, forced, faked and joyless.
As an owner, it’s hard to slow down while Rome is burning around you. You’re responsible. (Only you can prevent this forest fire!) I’ve had to learn the efficiency of hitting the pause button, of not trying to be more than I am, and, especially, not making crucial decisions on such days. For me, when I have a very bad day, everything sort of emanates from a dark, bleak, shrunken part where I exist only as a miasma of cosmic insufficiency; that essential place where dwells the cowed and frightened child, as well as the cornered beast. So my “professional” response is to assume the trappings of a sanguine and competent businessman and push through. But, in fact, the real good me is not present. The fact is that on a terrible, horrible, no good, very bad day I am in reality one dark, primordial, primal scream inside: a rootless Edvard Munch template, an enraged troll.
Over the years I’ve lost money, sales, friends, and reputation on days like this. While grinding my teeth and determinedly…getting…it …all…done, I have frequently caused myself harm under the guise of mechanically doing my duty to God, country and the capitalist way. Only slowly have I learned to overcome this hubristic folly.
Many years ago, when I was a callow, arrogant, idealistic, difficult young actor (often the bane of my fellow thespians and directors), one of my first professional roles was in a play in Los Angeles called “Darkness At Noon“, based on a novel by Arthur Koestler. I played a tortured political prisoner. It was an especially intense role and my rehearsal process was unhealthily over committed to the point of almost masochism. There was an old Portuguese actor in the company named Lorenzo. He’d had a long and picaresque life and he was kind, wise and a generous acting colleague. One day in rehearsal he took me aside, sat me down, put his hands on my very tense shoulders and said simply, “You can’t push the river, Timothy. Flow with it.” That’s all he said.
I think it’s hard for any entrepreneur to follow that advice. We live to push the river. But the fact is, you can’t.
So what’s the answer to the terrible, horrible, no good, very bad day? Well, I guess my answer is just to stop on those days. Go to the movies. Or, as Scarlett O’Hara says at the end of a very bad day in Gone With The Wind, “Home. I’ll go home…After all, tomorrow is another day.”
My special thanks to this week’s blog muse, my sweet daughter Truitte Rose. Thanks, Truitte.
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Rosalind Russell once said, “Flops are part of life’s menu and I’ve never been a girl to miss out on any of the courses.”
I posted about failure and the entrepreneur last week. This week let’s consider failure and sales. And I mean this in the most positive way. Really.
One of the accidentally formative experiences in my life was spending ten years as an actor. One of the key things an actor must learn early is dealing with rejection. An actor must accept rejection (failure) on a daily basis. He deals with constant and very personal rejection. It’s a splendid preparation for sales. Put simply, to survive my actor’s life I had to find satisfaction not in the occasional success–actually getting a role–but in the process of auditioning itself. Likewise in sales, happiness must be found in the process, as well as the results.
Rejection is a big part of the salesman’s life. My solution, and my company Corporate Rain’s solution, to dealing with this conundrum is simply to look on all interactions with potential clients as service. Every moment should be a variation on “How can I help?” This creates a tonality and a truth of caring and mutuality. It is the correct selling ambiance. And it is simply karmically efficient. Certainly long-term, reputation-based sales success is generated from many small, trust-building actions, including getting even more courteous when rejection comes, as it does much of the time in the sales process.
Earlier in my life I chanted as a Buddhist for a year. One of my favorite Buddhist prayers thanks God for challenges and failures, not successes. Thereby you learn and grow. The lotus flower is born out of the muck.
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I’m a failure. Many times a failure. It’s probably the most salient fact about me as an entrepreneur. And failure is my friend.
In fact whatever success has happened in my business life is directly related to my many failures–failure as an academic, failure as an actor, failure as an opera singer, failure as a Broadway producer. Still I did all those things with passion and a committed heart and one day found myself a successful entrepreneur, seemingly without even planning to be. Honestly, I don’t believe the mantle of success, however minor that success be, would ever have been fitted to me without fully embracing a lifetime of failures and personal botches. Somehow a glomeration of insufficiencies, by some magical alchemy, created a new being of entrepreneurial adequacy and fulfillment.
I realized my debt to failure several years ago, when one of my employees asked me the secret sauce of what I did as an entrepreneur and salesman for my company Corporate Rain. My rather pompous and condescending reply, I recall, had something to do with bromides like hard work, honesty, preparation–the usual suspects. But my employee interrupted me saying. “No, no, no. I want to know the special, personal thing you do that makes you really good.” After stuttering a minute, the only thing I could come up with was that I got good by being quite bad–over and over again.
My client and entrepreneurial colleague Walt Lawrence, of Concussion Advertising in Dallas, recently sent me a quote. I’ll share it. It’s excerpted from a famous speech Theodore Roosevelt gave on April 23, 1910.
“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly; errs and comes short again and again; because there is not effort without error and shortcomings; but who does actually strive to do the deed; who knows the great enthusiasm, the great devotion, who spends himself in a worthy cause, who at the best knows in the end the triumph of high achievement and who at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who know neither victory nor defeat.”
Thanks, Theodore.
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Posted by admin in Donald Trump, Personal Goal, New York, Metro North, Underwood Typewriter, Harvard Business School, Entrepreneur, Entrepreneurship, Albert Einstein, Brand, Corporate Rain
It’s good to know where you’re going before you begin to go there.
My minister tells great stories. Here’s one. Supposedly true. It concerns Albert Einstein who was notoriously absent-minded. Einstein was taking a ride on the Metro North train out of New York. The conductor comes by to collect the tickets. Albert pats his pockets and can’t seem to find his ticket. The conductor recognizes him and tells Einstein not to worry about it. He goes through the rest of the train collecting tickets. On his way back he sees Professor Einstein on his knees on the floor frantically looking for his ticket. The conductor once again tells him not to worry, it’s alright if he can’t find his ticket. Albert Einstein looks up from the floor and says, “But I can’t remember where I’m going.”
There are many things I do poorly as an entrepreneur. I am a poor administrator. I am impatient with meetings. I am not good with the quotidian details of spread sheets and day-to-day financial analysis. I am a poor technologist. My personal organization is frequently inchoate. And this is but a short list.
Nevertheless, I’ve led my firm, Corporate Rain International, for sixteen years. Probably the chiefest reason I’ve managed to get by is that I am very clear about where I want to go, who I want to be, who I want to have as clients, who I want as employees and associates, and what I want my brand to represent.
Harvard Business School I ain’t. For example, when I started out, I typed my bills on an old Underwood typewriter. Even then (1996) that pretty much classified me as a dinosaur. I knew nothing. But I very clearly did know where I wanted to be in five years, ten years, and fifteen years. I had a clear unalloyed personal goal. I knew where I wanted my journey to take me.
There are lots of ways to be a successful entrepreneur. The entrepreneurial pilgrimage I’ve chosen involves creating value in my life. Unlike many entrepreneurial colleagues, my ambition isn’t to be a master of the universe. Though I am successful one day at a time, money is also not it for me (though I’d love to be very rich). But those goals are also fine. (I’m a huge admirer of Donald Trump, though not remotely interested in being like him.) However, as naive a point as it is, it’s really necessary to know where you personally want to go if you are to get there. Thanks, Albert.
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Posted by admin in Karma, Christian, Gandhi, Charity, Buddhism, Finances, Entrepreneur, Salesmanship, Entrepreneurship, Eleemosynary, Corporate Rain
Eleemosynary. It’s one of my favorite words that almost no one knows the meaning of. It’s a word that will stump almost every spelling bee champion. It derives from the Greek “elos” meaning compassion and “eleemosyne” meaning alms. In contemporary terms eleemosynary means “relating to charity or charity donations.”
We’re approaching a new year, a time for new thoughts and new plans aborning. Yet I find myself looking back this week. And, as usual, I wish I’d been more efficacious at embodying the eleemosynary values I believe in and trumpet. The litany of little omissions and sins could lead me into a veritable orgy of self-recriminations. Ah, hypocrisy. However, as always, I try to post about practical concerns of entrepreneurship and salesmanship. And, I guess, thereby, write about everything else, too.
The truth is that an eleemosynary entrepreneur is ultimately more selfish than competitors driven only by desire for lucre or personal aggrandizement. Almost all religious faiths bespeak this basic verity, most notably Buddhism in its doctrine of Karma. Personally I am a kind of weak-kneed Christian. I attend church consistently to discipline the habit of focusing for an hour a week on what is of ultimate value. Hopefully this commitment has at least a faint echo in my business actions during the week. Gandhi famously said we must embody the change we wish to see in the world. Oh, dear. I seem to be falling short.
Nevertheless, my belief is that generous giving, both of the spirit and of finances, is ultimately the most selfish of actions. My deepest hope for my company Corporate Rain International is that it institutionally embody the selfishness of deep kindness, unsentimental compassion, and communicated grace for all it touches. Including myself.
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Posted by admin in ROI, CEO, Afghanistan, Speech, President Obama, Obama, Sales, Corporate Rain, Entrepreneur, Business, Service
I think President Obama may be making a very simple sales mistake in his self presentation of late.
This came to me as I was listening to him give a speech last week. He was talking about Afghanistan. I found myself getting annoyed and couldn’t put my finger on it. It wasn’t the content, which, on this occasion, I generally agreed with. It was something else.
As always it was a pleasure to hear the sonorous, rhythmic, euphonious incantations of this charismatic man. The phrasing was, as always, elegant and graceful. But as I listened I realized what was bothering me. It seemed like every word was “I”, “me”, “mine”, “my administration”, or some other self-referential pronoun. This is not good salesmanship.
For me, good salesmanship cannot reflect such self-absorption. Eloquence and presentation can certainly dazzle initially. But a self focus eventually can result in a long term impression of solipsism or even jejune narcissism.
When selling a product or service what works is focusing on “the other”. What works is focusing on the “you”, “your need”, “your anxiety”, “your ROI“, a focus on how you can help your client (or your nation) to achieve.
This process requires a practical humility, a concentration on service, not celebrity. Most of the successful business entrepreneurs I know have this practical quality. This does not mean they are without enormous self-esteem. As CEO of my own company, Corporate Rain, I have always found the most selfish way to be is to be “unselfish”, to focus on the other.
For all his many gifts and attractive qualities, I think President Obama may ultimately prove a poor salesman for his agenda, if he doesn’t get the center of attention off himself.
Merry Christmas to all.
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Posted by admin in Freddy Benson, Glengarry Glen Ross, Alec Baldwin, Wall Street, Lawrence Jamieson, Steve Martin, Roy Waller, Matchstick Men, Nicholas Cage, Michael Caine, Michael Douglas, Gordon Gecko, Salesman, Entrepreneur, Corporate Rain, Sales, Selling, Don Draper, Sales Process, Blog, Mad Men, Service
I recently was forwarded a posting from www.madmenshow.com by Robin Greene, who blogs frequently and well on sales initiation (with her partner, Sheryl Tuttle) at New Business Pipeline. Robin’s forwarded blog was a love bouquet to Don Draper of Mad Men as the best salesman of all time on television. However, the blog concluded with a list of, to quote, “…the best salesmen, con artists, sweet-talkers, swindlers, and bullshitters in movies.” Wow.
The juxtaposition and equivalency of salesmen, con artists, sweet- talkers, swindlers, and bullshitters is breathtaking. And yet it fully reflects the popular view of salesmen as somewhat lower than whale shit. The list includes such luminaries as Gordon Gecko (portrayed by Michael Douglas in Wall Street), Blake (portrayed by Alec Baldwin in Glengarry Glen Ross), Freddy Benson & Lawrence Jamieson (portrayed by Steve Martin and Michael Caine, respectively, in Dirty Rotten Scoundrels), Roy Waller (portrayed by Nicholas Cage in Matchstick Men), etc. You get the idea. A veritable concatenation of the villainous and the predatory.
Certainly when I began my late-in-life adventure as a salesman and entrepreneur, my idealistic and somewhat bohemian family didn’t quite know what to say. They probably thought I had become apostate to all that was fine and good. A Faustian sellout to filthy lucre. A crazed lemming descending into the rat hole of venality.
But what makes a good salesman in reality is the opposite of the amoral knaves of popular myth. You simply don’t win in the long term by fooling people. You win through sincere care and concern. That is a naive but very real truth.
Unlike the popular cliches about salesmen, long-term sales success comes from focusing on service and candor in all aspects of the sales process. A liar and a villain is eventually known by his works. Gordon Gecko aside, you don’t successfully sell with deception and legerdemain.
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Posted by admin in Princeton University, Economics, Keynesian, Mel Brooks, Balanced Budgets, Small Business, Healthcare Reform Bill, Socialist, Free Market, Business, Entrepreneur, Paul Krugman, New York Times, Lillian Hellman, Mary McCarthy, Corporate Rain
Mary McCarthy famously said of Lillian Hellman, “Every word she writes is a lie–and that includes ‘and’ and ‘the’.” In terms of his conclusions, that pretty much describes the depth of my disagreement with Paul Krugman, columnist for the New York Times.
I disagree with just about every opinion Paul Krugman voices. I am a believer in the free market, he seems to be a committed socialist. I am a fiscal conservative with a fierce belief in balanced budgets, he an unapologetic Keynesian. I feel the current health care reform bill will be catastrophic for small business and employment, he feels it is salvific. (Note his most recent op-ed in the December 4 New York Times.)
Nevertheless, I view Paul Krugman as by far the most useful popular economic writer out there. He has a real didactic gift for simply explaining his process, analyses, and conclusions. I would love to have him as a professor (which he is at Princeton University). He’s a damn good (and unpretentious) writer. He’s just a terrific explainer. He illuminates the most byzantine financial matters with a clarifying ease that is most helpful to me as an entrepreneur seeking to understand the world macro-economic picture.
I bring this up because I increasingly notice people of both liberal and conservative persuasions are losing a fair-minded and objective openness to quality argumentation.
It is a practical value for an entrepreneur to constantly be open to new thoughts, to consider the discomforting. For me, one way to enforce this discipline is to actively read and engage with those I disagree with. I really try to keep my firm, Corporate Rain, a forum for open discussion with colleagues and employees. Healthy dialogue and disagreement in a corporate community is creative and energizing. It fosters a frisson of aliveness and passion.
That said, ultimately there is only one boss, and, in the immortal word of Mel Brooks, “It’s good to be King.”
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Still thinking about simplicity this week. One thing I have found is that if I try to sell everything, I sell nothing. It’s just hard as hell for me to stop talking sometimes.
In a sense, this is a case of “Physician, heal thyself“, as I am constantly pounding my clients to focus their sales message into a simple essence. When it comes to my own selling it is a learned discipline to know when to stop. When it’s your baby, every descriptive detail is a gem of rare price. But the fact is that loquaciousness is the enemy of illumination.
It’s really true that less is more, most of the time. I was reminded of that last Sunday in church, of all places. My minister told the following story in his sermon to illustrate a biblical point, but the story works fine as a lesson about simplicity.
Two ranchers from Texas are bragging to each other about the size of their respective cattle-raising operations. One of them says, “Well, I’ve got 15,000 head of cattle out there on the range all wearing my ‘Flying A’ brand.”
“Flying A!” the other one sniffs. “My brand is the Bar T, Circle L, Cross Creek, Flying Z, Bent Fork, Double Back, North Canyon brand.”
“Wow!” says the first rancher. “How many cattle are you running?”
“Well,” the second rancher confesses grudgingly, “Not as many as you have. Most of mine don’t survive the branding.”
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Posted by admin in White House, Obama, Jack Webb, Entrepreneurship, Sales Campaigns, Wall Street Journal, Peggy Noonan, Sales, Corporate Rain, Entrepreneur, Simplicity, Service
There was a thoughtful essay by Peggy Noonan in the Wall Street Journal last weekend (November 14/15). She feels that much current political rhetoric from the Obama White House is both condescending and convoluted. She speaks to the point that the public wants direct talk. She says, “Politicians in general no longer assume that we all operate on the same intellectual level, with roughly the same amount of common sense”. She quotes the actor Jack Webb on the old TV show Dragnet, playing Detective Joe Friday, “All we want are the facts, ma’am”. Ms. Noonan recognizes there is a strong universal longing in the current political body politic for simple talk and clear explanation.
But, for me, there is a larger lesson in Ms. Noonan’s useful essay. And it is one that is applicable to both sales and entrepreneurship.
I am asked almost daily to strategize sales campaigns for my clients at Corporate Rain International. (My company specializes in initiating the sales process with high-level executives). Often the biggest part of my consultative job is convincing clients to simplify their message. More than half of the initial sales job is articulating a clear value that can solve a problem (i.e. increase profit, reduce cost, gain market share, etc.) for a potential buyer. The complex brilliance of my clients is often of little interest to their audience. Winnowing down a simple core value can often seem a process of almost insulting oversimplification to a client who has poured their heart and soul and essence into a product or service. Yet it is only the final result that is the compelling factor in initiating a dialogue leading to a sale.
A buyer is interested in an end result, an outcome. (“All we want are the facts, ma’am”). If the result is compelling and clear, the client will then be enthused to explore the rococo details of how the sausage is made. Otherwise — not.
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