Monthly Archives: May 2009

Memorial Day

In May of 1868, three years after the conclusion of the American Civil War, General John Logan, commander of the Grand Army of the Republic, asked that we “remember those lost….by gathering around their sacred remains to garland the passionless mounds with choicest flowers and raise above them the dear flag they saved.”

It is Memorial Day here in the U.S., and once again I’d like to take the opportunity to honor all those who have served in uniform in all countries in defense of freedom and human dignity, and who have responded to their nation’s call; especially those who have been injured, and most fervently to the families of those who, as Lincoln noted, “gave their last full measure of devotion.” May we all earn and honor that sacrifice.

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Million Dollar Club and Mentor Hall of Fame Meeting

We had a combined meeting of the Million Dollar Club and Mentor Hall of Fame in New York on 4/1/09 – 4/3/09 and here you see:

The group
Sitting (Laurel Barr, Libby Wagner, Molly Smith, Suzanne Bates)
Standing (Chad Barr, Phil Symchych, Mark Smith, Maria Weiss, Alan Weiss, Andrew Sobel, Alan Fortier, Kim Wilkerson, Sussan Quelle, Guido Quelle)

The hotel’s hilarious error in our signage in four different places, which Maria Weiss insisted they keep up for the entire meeting for good luck.

The view from one of the suites

Four of the chefs (Phil Symchych, Laurel Barr, Libby Wagner, Suzanne Bates) invited to prepare desert in our private kitchen at the amazing Valbella Restaurant.

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Babysitting in New York

We’re spending the weekend in my daughter’s condo watching the granddaughters and cat while she and her husband are in Florida at a wedding.

It’s been glorious thus far, temperature in the 70s. I was able to get my hair cut by Toshi at the John Barrett Salon in Bergdorf Goodman, where I’ve gone for over a decade. Toshi has one of the finest views of Central Park around. I arrived early, so I hung out at the park for a while, watching the runners, the horses, and the dogs.

Later, we all (sans cat) visited the omnipresent street fair that shuts down Sixth Avenue for a half-mile at a time. They sell everything, from crepes to pickles, and clothing to cosmetics. They were selling scuba lessons and “Kiehl’s for Dogs” (I kid you not). My favorite baby tee-shirt: “Don’t pacify me, I want food.” Favorite adult tee-shirt: “I can only please one person per day. This isn’t your day. Tomorrow doesn’t look so good, either.”

Pictures of the kids to come, they were covered up like rare plants in a stroller that should require a license to operate.

Outside of Central Park

Inside of Central Park

Street Musicians Awaited

The View from Toshi’s Station

Scenes from the street fair I

Scenes from the street fair II

The Pickle Man

Architecture on the lower West Side

The Empire State Building looms overhead

© Alan Weiss 2009. All rights reserved.

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Posted in The Best of Life | Leave a comment

$0-$300,000 Workshop Grads, Warwick RI, May 19-20, 2009.

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Posted in Announcements | 1 Comment

The Real Risk of Risks

For consultants and their clients, it’s helpful to try to get a grip on risk, since the “fear of fear” is driving people into bunkers these days. (Did YOU know that the stock market is up about 30% since its March low point? How could you, no one talks about it much!)

Here are some criteria to decide if risk is real or imagined (or pandemic) for you and your clients:

• What is the source? Has the source been accurate more than it’s been inaccurate?
• Separate probability and seriousness. It’s probable I’ll slip on ice in the winter, but the seriousness is always minor. It’s improbable that a plane will crash, but the seriousness is catastrophic.
• Use a “risk/reward” ratio (I’ve written about this in several of my books). What is the relative reward vs. the relative risk? Does the former outweigh the latter by a significant factor?
• Can you reduce the probability or mitigate the seriousness (preventive and/or contingent actions)?
• How many assumptions went into the risk assessment? (The more assumptions it will happen, the less likely it is.)
• Does it really affect you directly? Does it even affect you indirectly?
• Is the potential loss tangible, or merely ego-based?

You get the idea. Don’t allow yourself or others to crawl into burrows because the world is a dangerous place. We get up every morning on a hunk of rock traveling at 85,000 MPH around an unstable, exploding star.

If you can live with that, and you must, you can live with just about anything, if you choose.

© Alan Weiss 2009. All rights reserved.

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Posted in Consulting Philosophy | 2 Comments

The Perceptual Recession

I’ve been telling consultants that this is largely a “perceptual recession,” and that stress is resulting from uncertainty, lack of trust in traditional people and institutions, and a feeling of powerlessness. I commend you to Daniel Gilbert’s piece today in the New York Times:

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Posted in Personal Improvement | 6 Comments

Alan Weiss Telecast Hosted by RainToday®

Getting Paid What You’re Worth: How to Use Value-Based Fees at Your Firm
Thursday, May 21 from 2:00-3:30 p.m. EDT
Consultants should get hired for the value they provide. Yet, far too many consultants bill by the hour. It’s a backward way of doing business that limits wealth, stunts growth, and creates conflict with your clients.

Join this teleseminar with internationally-renowned consultant Alan Weiss, author the seminal book, Value-Based Fees: How to Charge and Get What You’re Worth , to exponentially increase your business and improve your client relationships by learning to use value-based fees. Specifically, learn to:
- Have the necessary confidence in your services to adopt value-based fees
- Put together a value-based fee for a particular consulting engagement
- Increase your value to your clients
- Write a value-based fees proposal
- Transition from hourly billing to value-based pricing
(Alan Weiss community members receive $30 off the normal teleseminar price of $79.)

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Consulting Opportunity

Hospital interim management job, southern California. Reports to the Director of HR. Major duties include developing competencies, creating or finding outsourced educational offerings, preparation for Joint Commission and state surveys, possibly assisting with recruiting and hiring. Original term for 3 months could extended on a month to monthly basis. Expenses include flight to home every other weekend, rental car and apartment.

Contact:
Leslie Furlow, PhD
AchieveMentors, Inc
USPO Address
P O Box 38
Cleburne, TX 76033

877-331-4321 voice
866-203-0622 fax
817-291-6303 mobile
leslie@achievementors.com

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What Price Glory? Or: Can We Get Some Air in Here?

This is an unscientific, undocumented, and probably unpopular analysis of what I’m learning as King of Social Media. (I’m reminded of a great review of a leading actor in King Lear by Eugene Field: “He played the king as though under momentary apprehension that someone else was about to play the ace.”)

Here are my anecdotal observations.

If people visit linkedin twice a day for 15 minutes each time, that’s 2.5 hours in a five-day week. (I’m discounting weekends, though I shouldn’t, because social media wandering is clearly a full-time avocation, but I want to be conservative here.)

If they visit Facebook four times a day for 10 minutes each, that’s roughly 3.3 hours.

If they Twitter six times a day for five minutes each time, that 2.5 hours. (Or 12 times at 2.5 minutes each—you get the idea.)

If they post on their blogs three times a week (rather important to keep a blog active and interesting), and the creation and posting of the item takes 30 minutes (and I think I’m really low-balling this one), that’s 2.5 hours.

And now I’m going to add just two hours to the week, that accommodate reading others’ blogs, replying to commentary, following up social media stuff off-line, updating profiles, uploading photos, and so on.

Drum roll, please: We now have a five-day week on a conventional 40-hour basis with about 13 hours engaged in what is somewhat inappropriately termed “social media.” I understand that those hours may well extend into evening or early morning time. On the basis of a 40-hour week, that’s 33% devoted to this stuff; but even on the basis of a 12-hour day, the percentage is 22%.

If you were devoting less than half of those 13 hours, say, six hours, to other professional marketing pursuits, I estimate you could do any one of the following during that week:

• Write 2-3 chapters in a book.
• Create and post 10-12 position papers on your web site.
• Call, at a moderate pace with follow-up, 30 past clients and/or warm leads.
• Send out a dozen press releases.
• Engage in a full day of self-development or a workshop.
• Create three speeches or a complete multi-day workshop.
• Create a new product to be sold on your web site.
• Create, and develop a marketing plan for, a teleconference.
• Create and record three podcasts.
• Create and tape a video.
• Contact 30 prior clients for testimonials, referrals, or references.
• Attend two networking events.
• Create and distribute two newsletters.
• Complete at least half of a professional book proposal for an agent.
• Respond to 50 or more reporters’ inquiries on, say, PRLeads.com.
• Seek out two high-potential pro bono opportunities.
• Contact and follow up with five trade associations for speaking opportunities.

You get the idea. Don’t forget, in my unscientific analysis, I’ve halved the hours I think are really being invested in full-fledged social media activity based on an already conservative estimate of what they truly are. And I’m not even counting other networks or platforms, just the four I’ve mentioned.

And over the course of a couple of months, you can easily do ALL of the bullet points, if you have a mind to do so. I’m just allocating six hours a week, just over an hour a day.

My current evaluation is this: Don’t confuse occupation with avocation. I’ve never said that “social media” are evil or will not help someone find a buyer somewhere at some time. Heck, I’ve become an avid blogger, and I visit Facebook and now Twitter daily. Yet I can still do all of the bullet points above and work only 20 hours a week.

If you’re serious about corporate consulting and coaching, and the blog you are currently visiting IS located at www.contrarianconsulting.com, then I’d continue to advise that you’re not going to find those buyers on social platforms. Is it impossible? No. Have some people done it? They claim so. But if you’re engaged in social browsing at the EXPENSE of those bullet points, then that’s not a good disposition nor apportionment of time. If you can do both, and still live a balanced and fulfilling life by your terms, then go for it.

I’m posting intellectual property, for free of course, on Twitter, just as I do here. I do find that these platforms present a great way to pay back, to contribute, and to share. You have to be judicious in your selections, however, since some people just want “air time” and you only have so much air.

© Alan Weiss 2009. All rights reserved.

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Posted in King of Social Media | 23 Comments

Travel Advisory

Beware: In the infinite lack of wisdom of the TSA, you will shortly be required to ensure that your passport or license name matches EXACTLY your ticket name. If your ticket says, “John A. Adams” and the ID says “John Adams,” you will be detained and maybe miss your flight. Australia already does this with visas, but at least you’re already in the country.

Bureaucracies have a way of perpetuating themselves by increasing input, not output, so this kind of nonsense isn’t going away unless the politicians are inconvenienced by it. Look at your ID, and then make sure the airline uses that exact name on your ticket. And be prepared for delays caused by people who haven’t done that and start protesting to the deaf ears of our watchdogs, in between strip searches.

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Posted in Announcements | 2 Comments