Thursday, August 28, 2008

Off-Topic Tip: Someone else’s iPod

Borrow someone else’s iPod for your next run or workout. It’s a great way to mix things up. You’ll find yourself picking up the pace to songs and genres that you might never have guessed would move you. And you can always hit skip if Cindi Lauper comes up. Or maybe not...

Wednesday, August 20, 2008

Google Sent Me a Refrigerator

That's right. Google sent me a refrigerator. It is without a doubt the strangest corporate gift I've ever received. It came with a certificate indicating that my company has generated over one million leads on Google Adwords, and a nice letter acknowleging the milestone.

By one million "leads", of course, they mean one million paid clicks. I know how much each one of those clicks costs me on average, so my first thought was "Whoa! That is a LOT of money!" I already knew how much we're sending Google monthly, but the total over my company's short lifetime came with a bit of sticker shock.

My next thought was, "And all I get is a lousy mini-fridge?"

Don't get me wrong. I do appreciate the gesture, but it's on par with what you'd expect to get when you buy a used car or open a checking account. I've been offered trips to China from companies with whom we spend less.

Then again, we couldn't do what we do without Google. So the other way to look at it is Google did give me a lousy mini-fridge... and my car, and my house, and jobs for my team - even the fancy little office I'm sitting in.

Not a bad return for buying a million clicks.

Tuesday, August 19, 2008

Award Count Grows for L&M Guitar


"Learn & Master Guitar" has just received the AEGIS award for the Training/Education category! The AEGIS awards are one of the video industry's premier competitions for peer recognition of outstanding video productions.

"Learn & Master Guitar" has also previously been awarded two bronze Telly Awards. The Tellies are a bit more prestigious, but let's face it, the folks at AEGIS got it right. No way L&M Guitar was a bronze! :)

Congratulations to Steve Krenz, Nathan Adam and Jared McDaniel on their recognition for a work of true excellence. We now have entire teams doing what those three did almost entirely on their own. Many, many thanks to them for the countless hours invested when all this was little more than a dream!

Friday, August 8, 2008

A Milestone for L&M Piano

It's been about eight months since we released Learn & Master Piano, and we just received a thank-you letter from our first student (that we know of) to complete the entire course.

I love when our customers take the time to write us thank-you letters. We get them all the time for Learn & Master Guitar, and we've been getting them for Piano as well, but this is the first from a Learn & Master Piano graduate. The original is two pages long and it came to Will Barrow, our instructor, the old-fashioned way: through the mail. I've edited it down to the highlights:

Dear Will,
I have just completed Session 28 of your piano course! You have opened my eyes and ears to piano vistas I could not have imagined.

I am 70 years old. I took piano lessons as a child but stopped playing when I went to college. My fingers itched to play, but I had not touched a piano in over 50 years. What to do???

Then I discovered you. And chords, and progressions. What a window on the world of piano music you provide! Classical music has always given me pleasure, but with you, I heard and appreciated for the first time the great styles of popular music: Blues, Ragtime, Stride, Country, Boogie Woogie...

All aspects of the course were professional and first rate. The curriculum design was brilliant! The way you introduced a topic, and led me to perfect a skill was terrific.

Wow! With the base you have provided, I have a lifetime of enjoyment ahead of me (my mother was still alive at 101).

Thank you again. You have immeasurably enhanced my life. Keep playing and teaching!

Sincerely yours,
Jack Laschenski


I love those last two paragraphs. Congratulations to all who worked so hard on this course. You have made a difference in one man's life, and many others. And congratulations to you, Mr. Laschenski. May you enjoy many more years of making great music!

Tuesday, August 5, 2008

Lights. Camera. Action!

Yesterday we (Legacy Learning Systems) started filming our 4th course, Learn & Master Ballroom Dance. It’s hard to believe how far we’ve come since our first production. Our team has grown and our systems have been drastically refined. This is also our first production in our new 4,500 square foot studio. No more filming in cramped living rooms and music studios!



Our instructors, Jaimee Simon and Mark Short, are fantastic. Not only are they incredible dancers, but even more importantly, they really know their stuff when it comes to instruction. They are career instructors and it shows. Frankly, they’re making our job incredibly easy.



The goal is to have the project out in time for Christmas. Ambitious to be sure, but we’re feeling confident.


Tuesday, July 29, 2008

How to Build a World Class Advisory Team

One of my main goals this year has been to expand my group of mentors and advisors, so they’ve become a bit of a recurring theme on this blog lately. The results have been remarkable. In the last year, I have developed relationships with a variety of business leaders who, frankly, I’m humbled to even be able to get on the phone. Their advice has been invaluable.

A few of you have been on me to share exactly how I’ve gone about getting all these guys on my team, so I’ll do that here. I’ve definitely learned a few things along the way.

Keep in Informal
I have never actually asked anyone to “be my Advisor.” Doing so seems like a major request, especially of someone who doesn’t know me and who’s time is scarce and valuable. Instead, I simply ask for their advice. This is far less intimidating and it gives the relationship room to grow naturally.

Maximize Their Time - The Advisor Summary
There is a secret to finding great advisors, and this is it. Making the most of very small amounts of your advisors’ time will make them LOVE helping you. No one likes to feel like their time is being wasted, and the corollary is equally true. Make it extremely easy for them to give you a lot of assistance with very little time and they will love you for it.

My favorite way to do that is with what I call an “Advisor Summary.” It has been by far the most important tool in building my advisor relationships – a secret weapon of sorts. It’s about eight pages long and looks very much like the Executive Summary of a business plan. Really, that’s what it is. It is formally written and presented. It has sections on “Who We Are” (mission/vision), “Where We Are Now” (personnel, projects, market reach, etc), “Where We Are Going” (expansion plans, 3-5 year picture), and “Key Challenges and Opportunities.” In case they don’t have time to read all of it, each section also has a two or three sentence “super-summary.”

Of course, they do read all of it. In fact, they eat it up! After reading it, most offer to get together to discuss and then spend a great deal of time giving me specific input on my plans, usually over a long meal. Collectively, their input has been the best education I’ve ever had. It’s fabulous.

I believe the reason these men have responded this way is because so few people who ask their advice put nearly as much time and effort into maximizing the value of their time. Doing so makes it very easy for them to offer real help.

Keep in mind that not everyone will be so anxious to help. Some (in my experience, about half) will not respond at all. When it happens, don’t waste a single moment worrying about it.

Obviously, an Advisor Summary could take many forms. Mine works well in the business world, but variations could also be used by pastors seeking counsel on growing their churches, missionaries on their ministries, and corporate employees on their departments, major projects or even their careers in general. The point is if you want the advice of very busy people, honor their time by making it as easy as possible for them to help you.

Preparing a really good Advisor Summary will take a great deal of your time. It certainly did for me. Once you have one, though, revising and updating it becomes relatively simple. Preparing it is also a very useful exercise in and of itself. Trying to boil down everything you know about your company and what it’s facing into a few short pages will force you to get very clear about what the real issues are.

Ask Specific Questions
This goes back to maximizing your advisors’ time and impact. Don’t just tell them about your business, career, or ministry and ask for their general advice. They’ll give that anyway. Instead, give some serious thought to what is giving you the most trouble. Then ask very specific questions.

At the end of my Advisor Summary, I always attach five or six “Key Questions” written specifically for that advisor. They are always direct, practical, and relevant to the real issues I am facing at that moment. I describe specific problems and request specific answers. I usually get them.

Be aware that people will often judge your intelligence by the quality of the questions you ask – and rightly so.

No Handholding
Your advisors are there to give periodic input on the major issues you face, not hold your hand through every step of the process. Don’t expect them to meet with you every week or even every month. The longest and most treasured mentor relationship I have is with someone I meet with only a few times a year. Meeting that infrequently forces me to get clear about the real issues I’ve been facing, rather than wasting his time discussing that week’s crisis-of-the-moment.

Seek Appropriate Advisors
Most of my advisors are extremely successful business leaders who head companies much larger than mine. Most lead businesses that have some similarities to my own. All of them are men I respect. These things are key. And while you do want advisors who are ahead of you, keep it within reason. If you are just starting a very small business, seeking counsel from the heads of major corporations might not be the best use of your time or theirs.

Give Back
You will never be able to fully repay your best advisors for the value of their time and assistance. Try anyway. Give back as much as you can. This generally doesn’t mean financially, but give your advisor as many expressions of gratitude and honor as you can. Use their advice wherever appropriate and be sure to tell them when it works. Look for ways to bless them, their families, and their staff.

I also try to understand my advisors’ lives and businesses as much as possible and, in time, I do offer my own advice when appropriate. Whether it’s actually helpful to them is another matter, but it shows them I care and it generally seems to be appreciated.

Lastly, and perhaps most importantly, I make it a point to pray for each of my advisors. I ask the Lord specifically to bless them for blessing me, and I believe that He does. Few business leaders have anyone praying specifically for their success. That’s tragic.

Friday, July 18, 2008

It's the Product, Stupid!

A few days ago, I had an opportunity to meet with Mike Hyatt, the President and CEO of Thomas Nelson. I’ve mentioned him here before and I’ve been reading his blog off and on for a few years now, so it was a treat to finally meet him in person.

While telling him about the launch of Learn & Master Guitar, Mike stopped me when I described how quickly things ramped up during our first year. He wanted to know “what was the hardest part about getting the word out?” I thought about it for a bit before admitting that, honestly, it seemed pretty easy. I had already spent five years marketing a similar product at another company, so the marketing strategy was no great mystery to me.

The hard part, I told him, was developing the product. It took a large investment and nine months of incredibly difficult work (thank you Steve Krenz!), but when we finally launched, people wanted it. They wanted it because it really was like no other home-study guitar course available. And since it was internet based, word spread fast.

Mike gave a knowing smile and picked up a bright yellow button that had been sitting on the coffee table between us. In big black letters it read, “It’s the Product, Stupid!” I laughed. Apparently, “It’s the Product, Stupid!” is a mantra Mike has been preaching to his team at Thomas Nelson. As he put it, “when the product is right, everything else is easy.”

I am a marketing guy. I like to believe that the right sales copy and marketing strategy can sell anything. Often it can (for a while), but if the product is lousy, it's definitely an uphill battle.

Marketing is about getting people to want what you have to offer. Offer what they already want and marketing gets very, very easy.