Tag Archives: #martiallaw

ARE INFLUENCER’S THE NEW EDITORS IN CHIEF?

ARE INFLUENCER’S THE NEW EDITORS IN CHIEF?

Influencer marketing is one of the most misunderstood concepts in business.

Garyvee

by GARYVEE

 @garyvee

4 days ago · 2 min read

Influencer marketing is one of the most misunderstood concepts in business.

There is no doubt in my mind that influencers are the next editors-in-chief. Which is to say, if an editor-in-chief dictates what comes out of an outlet…

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ARE INFLUENCER’S THE NEW EDITORS IN CHIEF?

Influencer marketing is one of the most misunderstood concepts in business.
Garyvee
by GARYVEE
 @garyvee
4 days ago · 2 min read

Influencer marketing is one of the most misunderstood concepts in business.


There is no doubt in my mind that influencers are the next editors-in-chief. Which is to say, if an editor-in-chief dictates what comes out of an outlet that is trusted, say a Washington Post, an ABC Worldwide News, or what was Life Magazine–that’s exactly what’s happening with influencers.

Now, that audience respects that human and that human is endorsing that brand.

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WHY INFLUENCER MARKETING ISN’T “SELLING OUT”

I would argue against the belief that influencer marketing is “selling out”. That, somehow, the audience doesn’t believe the influencer. I would argue, there’s an interesting depth and psychology behind influencer marketing. People that love somebody as an audience actively appreciate brands that subsidize that person’s life. Now, that influencer can continue to entertain or inform them the other 330 days a year. There’s a subconscious trade going on, between the audience and the brand that’s subsiding the livelihood of that influencer.

That brings almost a weird appreciation… like thank you _____ brand. If that brand wasn’t paying this influencer, they’d have to go back to working a regular paying job and their fans really enjoy their comedy, their looks, their information, and/or their content on a daily basis. 

HOW TO WORK WITH INFLUENCER’S

With this in mind, there are a few things to remember when working with influencers. In general, collaboration involves three things. Number one, influencers are underpriced and overpriced so really do your homework on who the influencer is. Do they have a manager that’s asking for a big number or are they just a regular person? Can you compensate them with your product or service for free?  That is always a good trade. 

Next, I think the way to work with influencers is to let them have 100% control of the context of the content. I am consistently blown away by the naiveté of brands that try to dictate to influencers how they should make the creative. It always feels awkward, it doesn’t land, and it doesn’t convert–even if the influencer says “Yes.” A lot of influencers have gotten smart enough to say no. 

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Number three. Volume of an influencer marketing campaign matters. I talk a lot about volume content because I’m blown away by many brands. They do a campaign with six influencers and then decide if that’s good or not. We live in a world where there are tens of millions of micro and macro influencers in play for almost any brand on the earth. So, that’s something. That’s part of the strategy people should think about.

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Why Empathy Is One of the Most Overlooked Skills in Business

Empathy fuels productive conversations.

Aytekin TankVIP CONTRIBUTOREntrepreneur; Founder and CEO, JotForm 06/11/20

It was a sunny day in April. The air was crisp and the walk ahead of us enjoyable.

I stared at the beautiful Embarcadero situated near our San Francisco office, feeling grateful for working close to such a stunning view.

Then I shifted my gaze over to Tim, my walking mate for the afternoon. We were on one of many walking meetings we’d shared over the past year. But this time was different.

Tim, a normally talkative employee, was dragging his heels and appeared disgruntled whenever I asked for status updates. He kept his head down, answering only in curt replies.

Something was off.

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As his supervisor, I could have easily approached his behavior with a stern stance, by grilling him, or asserting my authority. But 14-plus years of entrepreneurship have taught me one thing: A harsh, adversarial response is never the answer.

Instead, I slowed my pace and asked him how things were going at home. “Is everything OK?”

Tim confided then that his father had recently had a stroke, and that he was taking turns spending nights at the hospital, leaving him tense and run-down.

I nodded. “I’m so sorry, that sounds very hard.”

“How can I support you?” I offered.

We spent some time talking over how to alleviate some of his load at work, and even scheduled some days off for him to be with his family.

After our conversation, it was as if a weight had been lifted. In our meeting afterward, he began eagerly participating, even offering feedback I hadn’t asked for.

Showing genuine care and concern only took a few seconds of my time, but it was enough to let Tim know that I was on his side. 

Related: How Companies Are Leading With Empathy

One of the most overlooked skills in business

Empathy — the capacity to recognize and understand other people’s feelings, to “put oneself in someone else’s shoes” is a critical leadership skill. Common sense tells us that it’s a basic human quality most founders would have in their arsenal, but in fact, it’s one that many leaders often get wrong.

In a commencement speech on June 15, 2014, American business magnate and philanthropist, Bill Gates, stood before an audience of Stanford grads and spoke of channeling optimism into a conviction to make things better.

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“If we have optimism, but we don’t have empathy,” he said, “then it doesn’t matter how much we master the secrets of science. We’re not really solving problems; we’re just working on puzzles.”

This has been true to my experience as the CEO of my company JotForm. We started with one goal: Create a drag-and-drop tool that enabled people to quickly build forms, even if they didn’t know how to code. As a software engineer, I’ll be the first one to say I’m the biggest nerd I know. I enjoy taking a complex issue and making it easy and accessible.

I’ve had the privilege of growing our small startup to a business with over 250 employees and seven million users worldwide.

And what I’ve learned from being a founder all these years is that people, not software, matter most. Connecting with our team and our customers is the real vision that keeps us moving forward.

I believe the secret to our success lies in empathy.

Beyond sympathy

Our culture admires a certain business stereotype: the die-hard leaders who push the envelope and only care about themselves. But at what price?

A shortage of empathy in the workplace accounts for an increasing lack of employee engagement, which impacts productivity. This costs businesses more than $600 billion per year.

How does this happen? Simple: by confusing empathy with sympathy.

Sympathizing — feeling sorry for an employee’s situation isn’t the same as understanding their feelings and needs, or building rapport.

Instead of becoming annoyed with their employees or commanding them to pick up the slack, effective leaders know how to express themselves by showing real concern and asking how they can improve the situation.

While valuable, sympathy is only a surface-level response that keeps you at a distance.

Empathy, on the other hand, is a perspective shift — it’s genuinely imagining yourself being in the other person’s shoes, and allows you to connect on a deeper level.

 

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Related: You Must Lead With Empathy to Achieve These 5 Crucial …

Empathy fuels productive conversations

“As a leader, you should always start with where people are before you try to take them where you want them to go.” – Jim Rohn, Entrepreneur and Author

Many entrepreneurs mistakenly believe that empathy is something you’re either born with or not. But as CEO of Microsoft, Satya Nadella, emphasizes, empathy is a muscle that needs to be exercised.

Nadella, who went through numerous personal challenges — trying to obtain a green card to come to the United States, building a new life for himself and his family, adjusting to his children’s disabilities — all of these struggles gave him the emotional insight and sensibility to create a collaborative company culture.

He didn’t just relate to employees and customers on an intellectual level, he understood that everyone needs to feel supported in one way or another.

Empathy isn’t only human and caring; it’s also practical, as Peter Bregman points out in a story for Harvard Business Review. It can turn a confrontational conversation into a collaborative one — allowing all parties to arrive at a shared truth.

When we can take our hard lessons learned and channel them into the ways we communicate with our team, we foster engagement. We do this by actively listening, being open to feedback, and approaching employees with attention and care.

“Empathize first,” Bregman writes. “It doesn’t take long, and it’s not complicated. Just start with the relationship — even if you don’t feel like you have an established one — because showing care and concern is what creates that relationship.”

Simply asking if someone is OK is enough to let them know you’re willing to show up when it counts.

Related: 3 Ways Increasing Your Empathy Makes You a More Effective Leader

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The Wealthy and Everyone Else

Originally written and published on 04/27/20 by Grant Cardone

It’s not a secret I have always been interested in wealth. Since I was a little kid and watched my mother worry about money I have been interested in learning what the wealthy knew that we didn’t know. I have spent a lifetime studying the differences and been lucky enough to adopt some of the principles that separate the wealthy from almost everyone else.

In one month twenty-six million people in the USA lost their jobs and even more had their pay reduced…the stock market lost trillions in valuation, people worldwide are concerned about their finances and their health…and thirty two million businesses in America had their revenues either stopped or interrupted.

While money won’t buy you happiness, it’s the only thing that pays the rent, health care, toilet paper, mask, food and the like. Unfortunately during this time, like any other crisis, the wealthy will get wealthier and everyone else will end up with less. It’s sad but it’s true. And this redistribution has been happening since the Great Depression (or before) and it makes me question again, how the wealthy treat money differently than others.

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HERE ARE MY TEN OBSERVATIONS OF HOW THE WEALTHY VIEW AND TREAT MONEY DIFFERENTLY THAN OTHERS.

The Wealthy                               Everyone Else

1. Money is Good                         1. Money is Bad

2. Investors                                   2. Spenders

3. Uses Debt                                 3. Used by Debt

4. Money & Happiness               4. Money or Happiness

5. Tax Savvy                                  5. Tax Victims

6. Seeking Freedom                    6. Seeking Comfort

7. Buys Time                                7. Sells Time

8. Multiple Flows                         8. Single Flow of Income

9. Wealth Driven                         9. Income Driven

10. Opportunity Focused           10. Obstacle Focused

I am sure there is more you can add to this list. Add your favorite difference in comments and if you have a question I will do my best to answer. I wrote a book called The Millionaire Booklet that covers these difference in detail and you can get it free.

I trust you will get through this time and are in a better position on the other side.

One more big difference between the wealthy and the non-wealthy is the ability to execute.