What we can learn from Walt Disney

When you think of being visionary, compare your vision with Walt Disney’s vision for Disneyland 65 years ago:

“Physically, Disneyland is to be a small world in itself. Encompassing the things that were good and true in American life… dedicated to the ideals, the dreams and the hard facts that have created America.

“I don’t want the public to think about the world they live in when they are inside our world created for them. Beyond physical places, we want to bring people along into an entirely different world, with our philosophies and ideas, our characters, our stories, our past, present and future, so they are a part of it and never want to leave.

“At age 12 or at age 62, we want them to feel curiosity, wonder, awe, fascination, joy, and attachment. Within this world, we want them to experience discovery and adventure, fun and entertainment, education, participation, and recognition. They will not just come to visit our places or to the theater to see our films. They will bring us into their homes and into their hearts. We will never settle for having customers or fans — they will be Disney people. This world will never be completed. It will always be under construction, expanding, diversifying, playing more and more roles in peoples’ lives.”

Our thanks to Rick Houcek for sharing this visionary document.

We share such field-tested strategies in our 3-CD “Make Yourself a STAR (Someone They Always Remember).” For details, email JerryBellune@yahoo.com

Next: With vision, you flourish

Early Christmas gift – make it their idea

When our friend Mac Toole was serving as a SC lawmaker, he had a wise strategy.
He would set out to convince one of the top leaders to introduce a bill his constituents wanted. It was easier to convince one leader than 123 other legislators. 
The leader would get the credit, Mac’s constituents would get what they wanted and everyone was happy. You can get a lot done in life if you don’t hog the credit.
I learned that early in peddling Watkins Products door to door in college to keep gas in my car. My best selling product was a lemon pie filling that was out of this world. My mother used it all the time. 
She said it cut a half hour off the time it took her to make lemon pie – and it tasted like she made it from scratch.
When I called on the ladies of the houses in my territory, I would ask if their families liked lemon pie. 99% said yes.
I would tell them how fast and easy it was for my mother to make lemon pie. 
I would offer them a bottle with the guarantee that if they didn’t like it, they would get their money back. It then became their idea that the lemon pie recipe was theirs. I used it to open doors and sell them other household products.
Always let your prospects think that whatever they buy was their idea.
PS. All of us at our little newspapers wish you and yours the happiest of holidays and the best in the new year.

Next: Take care of the pennies in 2021.

How to get high email open rates

Have you heard marketers or bloggers brag about the high number of addresses on their email lists? I heard a blogger claim more than 5 million. It makes me wonder how many actually open his emails and what it costs him to mail to thousands of addresses that don’t open his messages.

A good open rate for your emails is only 15%. In other words, 85% of the people you email don’t bother opening them.

This should be a concern. The more email addresses on your list, the more Constant Contact, Mail Chimp or whatever service you use will cost. You’re paying to mail to people who don’t want your email.

To keep our open rates high, our tech whiz Katie Ritchie segments and prunes our lists to keep our costs down and avoid emailing to those who don’t open them.

The more dead weight Katie deletes, the higher open rate we get because we reach those who want our information.

Our news web site has almost 20,000 visits a day. Our Writing Tips have a super high 45% open rate because readers specifically asked to receive those emails.

That’s the special sauce for open rates. Delete the non-opening addresses.

We share such field-tested strategies in our 60-minute CD “Why Advertising Fails & What You Can Do About It.” For details, email JerryBellune@yahoo.com.

Copyright 2020, The Bellune Co., Inc.

Ignore your balance sheet at your own risk

Do you only check your profit and loss statements? Your balance sheet tells you much more than your profit and loss statement, says our friend Ruth King. It actually tells you how profitable your company is.

Your balance sheet shows your current assets divided by current liabilities.

Current assets are cash, accounts receivable, inventory and prepaid expenses.

Current liabilities are accounts payable, taxes payable, deferred maintenance revenue and current part of long term debt.

Increasing current ratio means increasing profitability. Decreasing ratio, most of the time, means decreasing profitability.

Your balance sheet also tells you if:

  • You may be running out of cash
  • You have a collection problem
  • You are taking on too much debt or too much inventory.

Your balance sheet is your weather vane. It gives warning signs of impending problems so that you can take care of them before they become major crises.

If you want more information on how to understand your balance sheet, order Ruth’s book, The Courage to be Profitable: Get and Stay Profitable in Less than 30 Minutes a Month. It’s available on Amazon, on Audible, or if you want an autographed copy, call her at 770-729-0258.

Sign up for Ruth’s complimentary newsletter at rking@profitabilityrevolution.com

We share such ideas in Maverick Entrepreneurs’ Million Dollar Strategies.

For a $20 personally autographed copy, contact us at 803-331-6695.

Copyright 2020, The Bellune Co., Inc.

Use covid-19 to strengthen your team

Retired university professor Preston Hardy wrote us the other day with the story of a boy in rural Ohio who became the first human survivor of rabies. 

His doctor lacked the training to deal with such a devastating infection where everyone else had failed. Instead of treating his young patient for rabies, which he did not know how to do, the country doctor treated each symptom as it appeared. 

He knew how to treat a patient with high fever, or one experiencing kidney failure or one who had swollen limbs. 

The tireless doctor treated each symptom that arose. Finally there were no more symptoms. You don’t actually have to “cure rabies,” to cure rabies.

A crisis like we’re experiencing is a great time to use the doctor’s example for team building. A series of short-range goals can help unite your employees while demonstrating to all of them that an overwhelming catastrophe does not have to be overcome all at once. It is more effectively dealt with in small steps. An added advantage of team building is enhanced productivity.

We share such field-tested ideas in “Million Dollar Strategies of Maverick Entrepreneurs.” For a $10 copy of the $20 book, email JerryBellune@yahoo.com.

Next: How to survive covid-19 nonsense.

Copyright 2020, The Bellune Co., Inc.

What can you control in trying times?

Our friend Jill Konrath admits it’s tempting to slip into “poor me” thinking. But we have a single option right now. We need to focus on what we can control.
Our brain loves challenges. It rises to the occasion, scanning memory for useful information. It pulls together unlinked thoughts to find new strategies. Ditch the word “problem.” Instead, say: “We have a real challenge here.” Ask yourself:

  • How can we attract new clients?
  • How can we keep our current clients?
  • What greater value can we create?
  • How can we make it easier for our customers to make buying decisions?
  • How can we increase our share of each customer’s business with us?”
  • How would Zig Ziglar or another successful salesperson handle this?
  • Which prospects need what I have?
  • How can I best show them?

When you do this, new ideas emerge.
Let’s be blunt. Nearly 90% of entrepreneurs need to improve their sales skills.
Spend time preparing for your calls.
Do your homework on prospects.
Learn about their issues and concerns.
Figure out how your offer will help with what they’re trying to accomplish.

We share such field-tested strategies in “Uncover Your Inner Sales Genius.”
Claim your free electronic copy by filling out the form at the top of the page.
Already on my mailing list? Email me for your free electronic copy at JerryBellune@yahoo.com .

What are you doing to survive today? Share your ideas with us and other readers by emailing JerryBellune@yahoo.com .

Next: Focus on success – not fear

Copyright 2020, The Bellune Co., Inc.