|
The lyrics of a
sweet song we learned in church are:
Giving's not
subtracting, it's adding don't you see? What you lose becomes another's
gain. Sharing's not dividing, it's multiplying life. Like the flowers
after morning rain.
Topic for Discussion: What is Marc Katz's
philosophy of success?
Answer: He says, "I keep what I have by
giving it away."
Topic for Discussion: How can we make money
if we give everything away for free?
Answer: Good question! There are hundreds
of churches and other non-profit organizations that raise money or collect
goods and then give them to people in need. This is not Marc's business model.
What he is saying is that he has learned in life that when he gives, it comes
back to him. The people or the charity he gives to end up circling back to do
business with him. Sometimes, someone connected to someone Marc donated to
comes to him to do business.
Marc
also said he is a big plagiarizer. This means he steals ideas and he doesn't
steal ideas from small business, he steals them from big business. His lifetime
guarantee idea came from the idea of the "Good Housekeeping Seal of Approval."
His
strong commitment to charities comes from studying big foundations. He reminds
us that people who run big businesses are, "not stupid." Big businesses
establish foundations and other programs to assist those in need because it
always pays to be nice.
Other
business owners we know who subscribe to this strategy talk about it as the way
they launched themselves in business.
Topic for Discussion: Why is volunteering
to work with a non-profit organization good for the soul and also such a good
marketing technique?
Answer: Albert Black is founder of On
Target Supplies and Logistics. His passion is community service and by accident
he found this to be his best marketing strategy. Albert gives of himself
because he loves people and love life. Yet, when you want to sell something, it
is difficult to know who actually has the checkbook!
When
you work on a good cause, you will meet people who will often tell you who they
know and who might possibly be your next customers. Albert worked with the
Chamber of Commerce and when he received an award for service, John Castle was
present at the event. Today, John Castle is on Albert's board. John also leads
EDS, one of the country's largest companies, and as you might guess, EDS is now
one of Albert's customers, too.
You think about
it: What have you given in the past? What can you give? What should you
give?
|