Why You Have To Understand How Our Models Of Knowledge Have Changed

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Thursday, 7.26pm

Sheffield, U.K.

Postmodernism was a reaction to modernism. Where modernism was about objectivity, postmodernism was about subjectivity. Where modernism sought a singular truth, postmodernism sought the multiplicity of truths. – Miguel Syjuco

How do you sell a pen to someone?

You’ll remember something like this in The Wolf Of Wall Street.

The chap the film is about, Jordan Belfort, built his reputation on his skill at telephone sales back when telephones were a thing.

And he still teaches how to sell these days – it’s the way that the books teach you how to do it and it’s the way many trainers set out their material.

The video I was watching yesterday of Larry McEnerney from the University of Chicago described a few models of knowledge that are worth knowing about.

One form of knowledge is believing that what you know is right.

For example, if you write a business plan or a sales letter – you believe that what’s in there is correct.

If someone doesn’t agree with you, then you feel the need to explain yourself – defend your position.

In this model you’re right because you know what you know.

Maybe you’ve created a new system, a different way to do something, an improvement on a method – this must be good, right?

Well, it is in a positivist system, one where there is objective truth and you’ve just found it.

You’re told by people who think this way that you have to believe in your product – you have to have a kind of missionary zeal.

You must believe, if you are to sell.

Another form of knowledge is believing that you get the big picture – and know you’ve found a gap.

All this stuff exists and you know about it – you know what the problems are and so you can see a space where you can create a product.

But sometimes spaces exist because there is nothing of value in that space.

This kind of thing assumes that knowledge is bounded – you can put a box around it and see what is not there.

Both these approaches are at the heart of the way we’re taught to express ourselves for much of our lives.

You’ve created something new or spotted a gap in the market – well then, you must have a business.

You must have found something useful.

Well… not exactly.

A more current model of knowledge – a post-modern version – is one that’s based around the idea that knowledge is what people who should know agree is knowledge.

Knowledge emerges from the interactions of a community – and sometimes they accept new ideas and sometimes they discard old ones – and all the time they decide what is right and wrong.

That’s right – it’s not objective truth but the subjective views of people that create the truth.

What does that mean in practice?

It means that if you try and sell someone an idea because you think it’s a good, new one, or because you think there is a gap in the market you’ll often find that the majority of people back away from you.

And that’s because their world is created by the voices of their community – the people in the business they work with, the managers, the leaders.

And before you can effectively sell to them you need to know what they are saying.

You have to start by listening – not by selling.

It’s only by listening that you’ll start to see how the people you’re selling to see the world.

And when you do that you can appreciate their point of view – and then add your contribution.

If you acknowledge what they know, show that you have listened and you care – then they might be willing to give you a change and listen to you in turn.

We live in a world that’s increasingly a collection of communities, of tribes, each creating their own knowledge worlds.

If you’re not in that world, you’re a tourist – so don’t expect to be taken seriously until you make an effort to integrate.

And that starts by being willing to listen.

Cheers,

Karthik Suresh

Why Does Your Copy Fail Even If It’s Clear, Organised And Persuasive?

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Wednesday, 9.23pm

Sheffield, U.K.

It is my practice to try to understand how valuable something is by trying to imagine myself without it. – Herb Kelleher

I was reminded recently on Twitter about the concept of semantic line feeds, something that I wrote about here some time back.

It’s an almost unknown concept – certainly to people who write using Microsoft Word or any other WYSIWYG tool.

Which got me thinking about tools and their impact on what we do.

Let’s say you’ve spent your life so far working in a certain way using certain tools – it’s hard to imagine any other way of doing things.

It’s the way you’re used to working – it’s familiar.

To someone used to a Windows PC or a Mac – the idea that you could be far more productive using a terminal and command line just sounds weird.

How is that possible – are you talking about that DOS kind of thing?

Surely it’s easier to do things using modern tools?

That “surely” is a trap, as the philosopher Daniel Dennett points out – it tells you someone is trying to slide something past you that they don’t know for certain.

So, I can tell you with certainty that you will be orders of magnitude more productive if you learn to use a command line.

But that isn’t the point of this post.

The point is that I thought I would write about technique – because of how the global lockdown is affecting the way I write.

I’m using paper more, mainly because if I use a screen the small people in the house complain and want their own screen time.

But if you sit down and write using a pencil and paper they go away and hide in case you ask them to do the same.

And I’ve re-realised that doing a first draft on paper and then typing it up seems to result in better prose – the editing process works.

But you knew that.

And so did Google, it appears, because it brought up a video on my YouTube feed of Larry McEnerney from the University of Chicago talking about how to write more effectively.

That’s several hours that I now need to set aside – but from what I’ve seen so far there are a few gems that we would do well to internalise.

Let’s say you’re writing some sales copy – what is it that matters?

Is it that it’s clear? Organised? Persuasive?

“No,” says Larry. It needs to be valuable.

And he has a formula to memorise.

The opposite of valuable is useless. So remember:

  • Clear x Useless = Useless
  • Organised x Useless = Useless
  • Persuasive x Useless = Useless

If something is useless, it acts like a zero in a multiplication.

However good your technique, whether you write on paper or on a computer, on the command line or using Word, with semantic line feeds or plain old paragraphing – if what you’re writing is useless no amount of technique will make it anything else.

What makes something valuable, McEnerney explains, is not what we think.

We might think that value exists in the world out there.

It doesn’t.

You might think value resides in your text.

It doesn’t.

Value exists in the minds of readers.

And this should make you stop and ask, “Which readers?”

Not all readers are going to think what you do is valuable – but you’re writing for the ones who will.

So you should always start by getting a clear idea of your audience – who are you writing for?

Then, if you write poorly, your readers will first slow down and re-read your piece, then start to misunderstand your points and then get frustrated and then stop.

They’ll do all four only if they have to, of course.

If they don’t like what you’re writing and don’t need to read it they’ll jump straight to stopping.

Now, it’s not possible to summarise a whole course in a short post – and I have a lot left to learn.

But here’s the point to take away.

From now on, when you write a piece of copy, come up with a new business idea, hit on a better way to do something – imagine a person you’re trying to sell this idea to.

This person is not interested in why you think what you think.

They don’t want a detailed explanation from you – they don’t want to know what the inside of your head looks like.

What they want to know is: “Why should I think the way you want me to?”

And your response should make them think to themselves: “Because it’s valuable to me!”

Cheers,

Karthik Suresh

How To Completely Extinguish The Red Heat Of Creativity

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Monday, 9.14pm

Sheffield, U.K.

Don’t confuse the teacher with the lesson, the ritual with the ecstasy, the transmitter of the symbol with the symbol itself. – Neil Gaiman, Stardust

What is society?

Ok – that’s a big question – so let’s focus on one aspect of society.

The aspect of contracts.

A contract is an agreement – something that sets out how two people treat each other.

But what’s important about that contract?

Is it the words that are written on the page or is it the intention that is trying to be expressed by those words?

Well, if you’re a lawyer, you’ll probably look at the words to form an opinion but in a court the intent will probably be taken into consideration.

It’s usually not that simple when you look into it – because of all the stuff that builds around the core – two people trying to figure out how to work with each other.

The purpose of this post is not really to talk about contracts but to use a contract as an example of the problem we find again and again whenever we try something new.

At some point, some day, a person has a bright idea.

This idea is forged in the pressurised cubicle of creativity and forms red hot and perfect.

It’s brilliant, it’s new and it works.

The kind of thing, for example, that’s described in this passage in the Hitchhiker’s Guide to the Galaxy:

“And then, one Thursday, nearly two thousand years after one man had been nailed to a tree for saying how great it would be to be nice to people for a change, a girl sitting on her own in a small café in Rickmansworth suddenly realized what it was that had been going wrong all this time, and she finally knew how the world could be made a good and happy place. This time it was right, it would work, and no one would have to get nailed to anything.”

You’ve had this kind of idea, every so often.

Now, you show the idea to a few other people and they love it.

Maybe they ask you to teach it to them.

So you oblige, you run a few workshops, a few classes.

Maybe write a book.

And now this idea is out in the world.

It starts to attract followers, collides with other ideas, creates supporters and detractors.

The idea, as it spreads out into the world, starts to change – as it gets further away from the heat of the centre it cools, and is affected by what else is happening around it.

Some people don’t like this and they erect thinking walls around the structure – creating routines and processes and rules.

Rituals.

Rituals are so easy to create – so unavoidable as a result.

Management standards like ISO 9001 are like religious books, the auditors and assessors like priests and acolytes.

Don’t get me wrong – I really like ideas – this website is dedicated to exploring them.

But it’s a very short step from being open to ideas to closing yourself to new ones.

Especially if you start to take your own ideas too seriously.

For example, the other day I was irritated by a professor at a rather good university and his treatment of a subject that I think I understand.

I felt he didn’t get it but he was perfectly happy saying that his alternative method was better.

I’ve just read his piece again and it still annoys me.

But…

What’s also clear is that he doesn’t have direct experience of the concept he is criticising.

So, if you really want to make up your own mind you have to read the core material and then figure out what you want to believe in.

Go to the source, or if you can’t, as close to the source as you can get.

The further away you are the harder it is to get enlightened.

For example, the Nobel prize winning physicist Richard Feynman, once visited a classroom and asked them about how light is polarized when reflected.

They could explain it perfectly.

Something like If light strikes an interface so that there is a 90 angle between the reflected and refracted rays, the reflected light will be linearly polarized.

So he asked them to give him an example – and they couldn’t.

The could recite the mantra – the words that related to the idea.

But what they didn’t realise was that it talked about light reflecting off a surface – like the sea they could see from their classroom window.

Full disclosure – I was one of those kids (not in Feynman’s class – in a different class in a different place) that could recite the words perfectly and miss the point completely.

And this is physics – something that works more or less the same wherever you are.

What hope is there for less defined areas of study?

Which is why we resort to shouting very loudly and hoping people listen or arrange things so that we control what’s happening and they are forced to listen.

Social media and Intellectual Property are built on such methods.

This post is not going to resolve this problem.

At one extreme you have people who say that the truth cannot be taught, you must go to the centre for yourself.

At the other you have the jealous guardians of the way – the way of power for themselves – embodied in rituals and structure and rules and control.

You will have to work out for yourself where you are and which direction you want to go in.

And if you come up with something new…

Try not to become religious about it.

Cheers,

Karthik Suresh

Why You Should Take The Time To Understand The Stories People Tell Themselves

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Sunday, 9.33pm

Sheffield, U.K.

There’s always a story. It’s all stories, really. The sun coming up every day is a story. Everything’s got a story in it. Change the story, change the world. – Terry Pratchett, A Hat Full of Sky

If you get the chance to watch children think – you will see just how much stories matter to them.

Stories are how they make sense of the world – how it was created, how it works, their role in it.

Today, for example, the little people in my house had a discussion about what created the universe – talking about religious views and the scientific view.

They got the points on both sides pretty quickly – because they were re-telling stories they had heard on both topics.

When we get older we forget that we used to see the world through stories and start to think we see the world as it really is.

But, we’re just fooling ourselves.

The urge to tell a story about what we’re seeing is just as strong whether we’re six or sixty, nine or ninety.

I’d go as far as to say there is no truth – there is only story.

I picked up a book called What is narrative therapy? by Alice Morgan – which is all about helping people use stories to improve their lives.

Morgan talks about stories as events, linked in sequence, across time, according to a plot.

What you do is select from all those things that you’ve seen and that have happened to you the events that stand out in your mind.

You string a thread through those events – linking them together to form a sequence of happenings over time.

And they’re not random – they form in accordance with a plot – the narrative you tell yourself and others.

There is a story you tell yourself about how you got to where you are right now.

I could tell the same kind of story.

If you want to start a new business, you’ll craft a story of what’s going to happen – the events that will take place in the future.

And if you want to make a decision – it will be made on the basis of the story you tell yourself about what’s going to happen when you’ve made that decision.

Stories matter – they are the fundamental, the primary way in which we see the world.

It’s like having story glasses on.

Wearing those glasses, things that don’t matter to your story fade away, are not even seen.

But the things that matter stand out, burn more brightly.

If you have a story about why you were passed over for promotion because of your vindictive boss – the events that help that narrative are the ones you’ll notice and string together and use in your plot.

Now, because stories are so important, you have to learn how to harness them.

Some stories are destructive – they cause you to make poor choices – and you have to rewrite them.

That’s where something like narrative therapy might be useful.

In other cases, you have to understand other people’s stories before you can work with them.

For example, let’s say you want to sell your service or product to someone – how would you go about it?

Most people would tell the prospect their story – all about themselves and why you should buy their stuff.

But what would happen if you listened to the prospect’s story – listened to how they saw the world and what they needed?

And then, if you could give them what they needed with your product or service – show them how you could finish their story.

If not – show them how you can build something that will.

As human beings we crave story – not just on TV or as entertainment – but at the pulsing core of our beings.

Maybe that’s the thing that makes us different from animals – not our ability to calculate or do sums – but our ability to tell stories and re-create reality.

If you can see what is there – well, so can a snail.

If you can imagine the impossible – isn’t that what makes you human?

Isn’t that the story you want to tell about yourself?

Cheers,

Karthik Suresh

This Is The One Principle You Should Always Keep In Mind

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Saturday, 9.18pm

Sheffield, U.K.

When it is useful to them, men can believe a theory of which they know nothing more than its name. – Vilfredo Pareto

You’ve heard of the Pareto Principle, but do you really understand it?

I thought I did but then a video from Miglautsch Marketing popped up on my feed.

It’s a tribute video to a direct marketer called John Wirth, one of whose ideas was around a Bathtub model of customer value.

This bit is interesting because what it reinforces is the Pareto principle in direct marketing.

In any list that you reach out to you’ll get 80% of your results from 20% of the list.

The argument here is that you shouldn’t try and worry about working the tail of the list but instead work on the next one – so you’re always getting 80% of the value and then moving on.

I suppose this sort of idea says worry less about lifetime value – what you get from each person on that list over time – and instead make sure you’ve got hot water coming into the bath and letting cooler, dirty water out.

That way things keep bubbling away nice and warm.

I think that’s the metaphor, anyway.

But the really interesting bit, the one I related to, is later in the video when Miglautsch talks about basketball.

He used to play as a kid, he says, and was pretty good, but he wasn’t good enough to get into the starting five.

He was number 6 or 7, and so he got less time on the court and when he did come in, it wasn’t with the best players on the other side.

And this is the thing you should get.

The main thing that matters is time on court.

Every once in a while I have to watch kids at a sports club – say they’re doing tennis.

There is a game where everyone lines up and then the coach lobs them a ball one at a time.

If they hit it, they get to go back to the end of the line for another go.

If they miss, they have to sit down.

This is the stupidest thing I have ever seen a coach do with kids.

What they’re doing is giving the kids that are already good more chances to get better, and the ones that need the practice less time.

What they should do, if they’re trying to get everyone to the same standard, is get the good ones to sit down so the poorer ones can practise some more.

Or just give everyone the same number of shots.

Anyway, if you’re competitive you probably think this is ok – but then you should be even more worried if you’re the one sat on the bench.

If you’re sat on the bench you’re never going to catch up – those other kids will always get more time and more practice and play against better competition than you will.

All else being equal, that is.

You can do two things to beat this.

You can put in more time on the court.

I once saw a kid do this at school.

We all went home for the holidays and lazed around.

He still went to the school grounds every day and practised his shots.

When the next term started he was sinking every shot he took and suddenly he was always on the starting team.

So, if the competition takes a rest and you keep working then you can get ahead.

The other way is to find something else where you can be in the starting team.

Miglautsch took up skiing and got very good at it.

And that’s something worth looking out for in your own career.

If you try and follow someone else – if you try and become what someone else is – then you’re going to have a difficult path ahead.

Especially if that person also plans to get better.

If, for example, you want to be the next John Grisham or James Patterson, be prepared to wait a while.

But there’s nothing stopping you from being the next you, as long as what you do is valuable and unique.

It’s hard to become a big fish in a pond that’s already full of big fish.

Much better to find your own pond – one where you have no competition and can grow as big as you want.

So, here’s the thing.

If you find yourself in a situation where you are consistently on the bench – stop and look around.

And go find yourself a new game to play.

Cheers,

Karthik Suresh

Why Should Someone Take A Bet On You?

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Friday, 7.37pm

Sheffield, U.K.

Once people see you pulling off one role, they think you’re a safe bet to do a similar role. – Margot Robbie

You know when you look at the same thing from a different point of view, you see different things?

For example, you are probably very comfortable with the idea of a payback period.

You put your money into a project and you get it back in three years.

That makes sense – and, depending on the project, more money turns up later.

I was listening to Ryan Holiday, the author of Ego is the enemy among other works being interviewed on the economics of the book business.

And he talked about earnouts.

In essence, if a book publisher wants to buy your book they give you an advance.

That’s a payout that you get up front – it lets you live and buy noodles while you write.

Then, you write the book and it goes on the shelves and the sales start trickling in.

The first thing that needs to happen is the book needs to earn out – it needs to pay back for the publisher who took that bet on you.

Same thing, different point of view.

Now, imagine what happens when you go for a job interview – how does the boss of the company look at you?

Well, most bosses I suppose, have a role that needs filling – a job that needs to be done.

That calculation is one where they think, “Well, I could be making £50 an hour so I’ll hire someone else to do that job at £10 an hour.”

But really, what you want to have them think is, “Wow, I could sell the skills this person has and make back the money I pay them in six months, and the rest is all profit.”

So, in the book business, the money that comes in first goes to pay off the investment the publisher has made.

And that first part is the same with jobs – where the sales pay for you to be in work in the first place.

And many places actually need a multiple of salary to come in – they might work on two or three times the salary to get to the profit levels they want.

But here’s the thing.

Once you’ve reached a point where your earnout is complete, why should the company get everything else?

In the book trade you start to get a percentage – a bit of those future sales.

And that’s the money that matters – the trickle over time that gives you an income.

I think this whole area is one where people could really do with looking at themselves from an investor’s point of view.

Some people work in jobs where they are cheap – anyone could do that and no one will worry about replacing you and getting someone else in.

Some get paid a lot but deliver just enough to pay their way or not enough to justify keeping them – and eventually that tends to catch up with them.

They might be lovely people – but they’ll still be let go with reluctance.

Some go for the big payout, asking for as much as possible – and they get it while they’re winning, but get thrown out just as fast if they make a wrong move.

But none of this really matters if you’re looking at the long term.

If you look at earnout, the payout you get actually has to last you all the way until the payback has happened – from now to when.

Then you start to get anything else.

But at that point you have to do nothing more as well, the revenues roll in from the product you’ve created, the asset you’ve built.

That asset could be a book, a product or the service you’ve developed.

So, if you’re in a position when you have to ask for money to develop that asset – well, you should be very conscious of the earnout equation.

Because if someone takes a bet on you, and pays you up front, you need that earnout to work out.

Otherwise you might not get a second bet – almost certainly not with the same person.

But all this talk of payout and payback and earnout is simply a way of looking at what’s going on.

It just describes how the bet will pan out as the future does.

The most important thing that needs to happen for any of this to be relevant is that you have to work on producing that asset.

Production is what matters.

If you want someone to bet on you – make sure you’re the kind of person who produces something of value.

Cheers,

Karthik Suresh

Why You Should Be Turning Flywheels, Not Playing On Swings

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Thursday, 7.49pm

Sheffield, U.K.

It takes a long time to get good at something, so it’s important to begin as early as possible so that we can improve and begin to see the compounding benefits of the work over time. – Priscilla Chan

Small things matter over time – often more than big things.

Jim Collins writes about this as the flywheel effect.

A flywheel is a wheel with a very heavy rim, a wheel that’s hard to turn.

If you put your back into it, however, you’ll start to overcome its inertia – the weight keeping it in place.

And then, as you turn it, it will move, first slowly then faster and faster until it starts to be pushed along by its own weight, with only a small bit of additional effort required from you to keep it going.

You now have momentum on your side.

A swing, on the other hand, is quick to get on and start going – and you go quite high and it feels good.

Then, at the end, you go the other way and it feels good.

There is a reason swings are rarely used in machinery and flywheels are.

Collins argues that the metaphor of a flywheel is useful to keep in mind when thinking of what to do with your business.

It’s rarely the big swing, the giant push that gets results.

Instead, it’s the gradual build up of capability and competence and experience that does.

It’s easy to believe that it’s the big hitters that matter – the ones that make the difference in a game.

They may the most visible, the most flamboyant.

And you may think that they make a difference – but that’s because you don’t see all the people who tried ot make a big hit and failed.

But all around you, everywhere you look, you can see people who did something day after day and built their careers and their businesses and their reputations.

The sudden elevation to fortune is a romantic myth – something that we try and bring to life because we love stories.

That’s why shows that have a competition with a winner are so appealing – we want to believe it’s possible to jump the queue and get there faster.

It wouldn’t be much fun watching a show following the twenty-year career of an intern who eventually becomes a CEO.

Sometimes it’s easier to hope than work – to wait for that big change instead of working it out day after day.

But when you do put in the hours, the time – the focused effort to build up your capability – then eventually you’ll find that what you’ve created starts working for you.

As Collins says there isn’t one push that matters – all the ones matter until you reach the point where what you’ve created becomes self-sustaining, reaches a tipping point – where it now pulls you forward with little additional effort.

And that’s a good position to be in.

After all, you could be on a swing where, just as soon as you reach your furthest potential, everything starts to go backwards.

Cheers,

Karthik Suresh

How Do You Work Out Your Brand Personality?

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Saturday, 9.51pm

Sheffield, U.K.

The metaphor is perhaps one of man’s most fruitful potentialities. Its efficacy verges on magic, and it seems a tool for creation which God forgot inside one of His creatures when He made him. – Jose Ortega y Gasset

I’m getting a lot of my inspiration from TED talks at the moment – mainly because I watch them while putting the kids to bed in a bid to avoid falling asleep myself.

And Morgan Spurlock’s talk The greatest TED talk ever sold came up on my feed.

It’s about Spurlock’s vision to create a film about product placement but the bit that caught my attention was twelve minutes in where Spurlock decided he needed an expert to help him understand his “brand personality”.

He went to Olson Zaltman, founded by Dr Gerald Zaltman who came up with the Zaltman metaphor elicitation technique, or ZMET.

The process they used with Spurlock came up with the idea that his brand personality was “mindful-playful”, which seemed to sum up his approach of going into deep, important subjects in a different, imaginative and irreverent way.

So, what is ZMET and how does it work.

It turns out that it was patented and I came across another associated patent on using the technique along with physiological monitoring.

The basic point Zaltman makes is that most communication is non-verbal, although that’s debatable, so market research methods that are based on verbal means miss the stuff that isn’t being said – the things people are less aware of.

The ZMET is a way to make these “hidden” preferences more visible.

The picture above takes elements of the MET that’s described in the patent – 14 steps in all.

The process starts with something like a storyboard – select images that are important to you and talk about them, tell stories to the researcher.

Sort your images into groups – try and see what’s common about them.

The reason you’re doing this is to study something – yourself perhaps – or your product brand – so dig into that product using all the senses you have, including sound, shape, touch, smell, taste and feelings.

From all your images select one that is the most representative – what describes you best.

Now that you’ve seen all you’ve seen, think about what you couldn’t get – talk about that.

Talk about the opposite of what you are.

Talk about the one critical message you want the audience to get.

And talk about what they will want to hear least – what’s the message they will be most resistant to.

Now, if you’ve done all this you have a rich trove of material to work with – lots and lots of metaphors.

Then you put things together to create a mental map – what I’m used to calling a conceptual model.

Something like “mindful-playful”.

It would be nice to see if there are other groupings like that but I didn’t find that in my brief search, no doubt there are papers on the topic.

The thing with this method is that it’s like a storyboard on steroids.

We know we’re told to collect pictures of what we want – get that image clear.

But this approach takes those images and really digs into them to find out what’s underpinning them – and that’s why I think it’s really quite powerful.

Personally, I might do it with drawings, just because that’s even more organic.

You know – talk to someone about the important events in their lives and get them to draw rough sketches, sort of like I’ve done in the picture.

But really, it’s about trying to hear what’s often not said.

And it’s when you do that that you discover what’s at the very core of who you are.

And when you do that you know everything you need to know to get your brand personality right.

Cheers,

Karthik Suresh

How Do You Know When To Walk Away From A Prospect Or Promoter?

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Friday, 9.18pm

Sheffield, U.K.

A neurotic is a man who builds a castle in the air. A psychotic is the man who lives in it. A psychiatrist is the man who collects the rent. – Lord Robert Webb-Johnstone

I’ve had some interesting conversations recently and one of them reminded me about how to walk away – when do you know you have to do it?

You will come across a great many opportunities in life – which often come along with a friendly face trying to get you to buy into them.

Sometimes that face belongs to you.

It’s not always clear what you should do – will you miss the opportunity of a lifetime or will you breathe a sigh of relief that you dodged that bullet?

Cliches exist in this space because they’re true.

I spend a lot of time listening to people and I’ve started to realise one thing.

If you listen for long enough and ask enough questions you’ll start to get a feel for the kind of foundations an idea is built on.

Some ideas have no foundation, they are right down there at ground level already.

These are ideas with little ambition, few prospects.

I think we all start with these kinds of ideas when we first come up with them – it’s the equivalent of a child’s lemonade stand.

Isn’t that sweet, we think, and hand over some money for a drink.

Although I have to say, I’ve never actually done that – in this modern age the kids seem to reach straight into my wallet for some kind of sponsored activity or the other.

But, most business ideas you come up with that have to do with you personally spending time on they are, by definition, hard to scale – because there’s only one of you.

If you create crafts or art or do photography, there is a limit to what you can do yourself – unless you change your model.

For example, you can create a franchise, do online training or focus on design and outsource production and delivery.

At the other and are ideas that are rather on the fantastical end.

This is where someone comes up to you with a plan to create the next YouTube or the next Apple or the next something that already exists.

These are what you should recognise as castles in the air.

There is a recognisable shape to the idea, something plausible and similar has been done before.

But, does this person you’re talking to have the ability, experience and finances to make it happen?

How sound are his or her foundations?

You see, we shouldn’t really be swayed by the statistics that say things like 95% of all startups fail.

What we should do is look at the characteristics you need to succeed at anything at all in the first place.

And, if you want to succeed, it helps if you know what you’re doing.

It helps if you have a background in the subject, some knowledge, some ability to deliver, a track record of some kind.

Every once in a while you will find someone that enters a field that is completely different to theirs and disrupts it – creating a whole new industry and category of products and services.

But even those people will have a history – one that is built through testing and learning and failing and succeeding.

They will have foundations.

And foundations matter – because that’s what you build on.

Without them, you have nothing.

People will tell you that foundations don’t matter – what you need is belief.

And sometimes belief can keep a castle up there – you only have to look at what happened before the dot com boom and the housing boom and the tulip boom to know that belief is a very powerful thing.

Belief can support a castle in the air while gravity is busy doing its own thing watching over apples.

That doesn’t make it a sensible long-term strategy, however.

All it takes is for gravity to notice that there’s some funny business going on and you will find that the ground starts coming at you rather quickly and in an inconveniently unstoppable way.

That’s usually the bust part of the journey.

But these ideas are really tempting – be honest, how many of you stayed away from crypto during the hysteria in 2018?

I didn’t.

Here’s the thing.

It’s sometimes very hard to tell whether something is solid or not.

All you can do is think for yourself – don’t believe everything you’re told.

Ask questions.

Pointy ones – ones that try to figure out what’s really going on.

Because you’re trying to see if there is some substance to the story, if it’s built on solid foundations.

And if it’s not?

Walk away.

Cheers,

Karthik Suresh

How To Make Your Writing And Ideas More Interesting

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Tuesday, 9.31pm

Sheffield, U.K.

Imagination is more important than knowledge. For knowledge is limited to all we now know and understand, while imagination embraces the entire world, and all there ever will be to know and understand. – Albert Einstein

I’ve been thinking about writing some marketing copy – and when it comes to doing something or finding a way to procrastinate – I find myself usually doing the second.

Why do something when you can read about how to do it instead?

You could just sit down and write something… but would it be any good?

What is it that makes a piece of writing or an idea interesting?

A book called The lively art of writing by Lucile Vaughan Payne caught my eye as I thought about this – and it has an interesting central idea.

Here’s the thing that Payne asks you to sear into your brain.

“All writing is the sound of one voice speaking, and all writing can be heard.”

Good writing – the kind of writing that works – makes you sit up and listen.

And that’s because when you read you actually hear the words – writing is simply a magical way to capture the words someone says in letters, where they stay until you release them by speaking them to yourself.

Good writing is a conversation between the writer and the reader.

If you forget this – if you write for an audience, for a market, for a group – then what you come up with is probably something else – a bland lecture perhaps, a list of things, meaningless prose.

It’s about as satisfying, Payne writes, “as a conversation with a wall.”

If you want an example of this kind of writing just take a look at the stuff I was writing back in 2016.

Now, I’m not saying that what I’m doing now is an example of what good looks like.

But, I gave myself ten years and a million words to get the hang of how to do it and I’m three and a bit years in and at 770,986 words – 70% of which are in this blog.

And all I want to be able to do is write simply and clearly, in a way that makes it easy for you to read.

And why would anyone want to do this?

Well, I suppose it’s because words matter – they shape the way we think and see, and what we see and think shapes our words.

For example, Charles Faulkner, in a TEDx talk, shows you how people react to words viscerally, instinctively.

He pours salt into two containers, and then turns them around.

One is labelled salt, the other cyanide.

Most people, you included, would probably avoid the bottle labelled cyanide, even though you saw both being filled from the same source.

Just like right now on supermarket shelves the one beer you can be confident of still finding is Corona.

Faulkner says that knowledge isn’t enough, quoting Einstein.

You have to be able to imagine, because that’s what pulls you forward, what creates something new.

Knowledge is all about what you know already – and it can be really quite dull.

Imagination, on the other hand, is vibrant and exciting, and it’s fuelled with words and story.

So, if you need to write some marketing copy for your service why not try asking yourself this.

How would you tell your best friend about what you do?

Did they get it?

And if they did – begin with those words and the chances are that you’re off to a good start.

Cheers,

Karthik Suresh