031: Rusty Shelton on Authority Marketing and Writing Books

Rusty Shelton

Rusty Shelton has written 2 books, and his latest one, Authority Marketing: How to Leverage the 7 Pillars of Thought Leadership to Make Competition Irrelevant, is about using books to help spread your message and grow your business.

I sat down with Rusty in his Hill Country office to talk about media, authority, marketing, and more. In this interview, learn…

  • How Rusty got into the publishing world, and how he got started on his first book.
  • The “why?” behind writing a book– it’s not about getting rich from selling a lot of copies. (“The worst way to make money from a book is buy selling it.”)
  • Why every company is a media company.
  • Why books are different than other forms of media, and why writing one is different for your brand than other forms of content.
  • 3 types of media channels
    • Rented media (Facebook, etc)
    • Earned media (PR, speaking, referrals, etc)
    • Owned media (this is the new channel that didn’t exist for most of human history, at least not a global scale)
  • 3 types of audiences– the stadium analogy
    • your customer and partners
    • people who have a seat in the stadium, but haven’t bought yet.
    • outside the stadium
  • The big marketing mistake companies make with the stadium
  • How to set up compelling Lead Magnets.
  • How to convert earned media to owned media.
  • Content strategy as your personal newspaper
    • Don’t fill it with ads or op-eds
    • Think like the media, not a marketer– focus on the needs of the audience
  • Why personal brands can be more powerful than big corporate brands
  • How to use visuals to promote your personal brand
  • How your personal brand is important, even for referral-based work
  • 3 ways to publish
    • Traditional publishing with a major publisher, an advance, etc. Takes about a year. Getting harder and harder to get this if you don’t already have a big stadium.
    • Independent– you get the editor, design the cover, etc. You can sell these in bookstores, but there’s more work involved, and you shouldn’t expect to be on a lot of shelves.
    • Assisted self publishing, or hybrid (like Greenleaf Books, Advantage | Forbes Books)
  • Doesn’t matter as much as it used to, but, the book has to be good, and it can’t look like it was “self-published”.
    • You need to have an audio book if you’re trying to reach business audiences. (Joel Block here in Austin help us do our reading, which took 9 hours for 35,000 words, and yielded an 8 hour audio book.)
  • Do an online brand audit– type your name into Google. Are you there? Do the results line up with what you want your prospects to see?
  • What’s holding me back from writing a book?
    • How to “eat the elephant”, and why you don’t need to write a 100,000 words.
  • Sales for Nerds the book– it’s coming. What have I done?!?!?! What would you like to see covered in the book? Let me know on Twitter

Books

Authority Marketing Book CoverAuthority Marketing: How to Leverage the 7 Pillars of Thought Leadership to Make Competition Irrelevant

And Rusty’s previous book:

Mastering the New Media Landscape: Embrace the Micromedia Mindset

The wine

Monte Real RiojaMonte Real Rioja 2009 from Spain. Delicious, a bit of BBQ and smoke. Feels right at home in the Texas summer.

 

 

bottle_0002_oban-14yo

Where to find Rusty:

Where you can find Reuben: @Sales4Nerds, @Mimiran, Mimiran.com (the easy CRM for people who are awesome at serving clients but would love some help getting more).

listen-on-apple-podcasts-sales-for-nerds

You can also  listen on Overcast, or Subscribe on AndroidPlayer.fm.


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030 David A. Fields on Building an Irresistible Consulting Business

DavidAFields

David A. Fields shares his journey from a teenager trying to save up money to buy a computer, to becoming a consultant, to helping other consultants with the business of consulting. He recently wrote one of the most useful books on consulting I’ve read, The Irresistible Consultant’s Guide to Winning Clients: 6 Steps to Unlimited Clients & Financial Freedom. (Seriously, read this book, it’s not the typical 20 pages of content and 200 pages of filler.)

In this interview, David shares his story, and advice from his book, including:

  • The critical lesson he learned selling shoes: it’s not about the shoes, it’s about the feet. (This sound really simple, but it’s not easy to pull off in practice, even for some of the 8-figure firms David helps.)
  • How he “fell into” consulting, then got worried because his partner had to quit 4 weeks later, and how “on a lark” he started working with other consultants.
  • Why he loves consulting.
  • Why you don’t have to be super smart, innovative, or even better than the competition. (And why attempts at differentiation probably lose more business than anything else.)
  • You have to show the client that they can trust you to solve the problem without hurting them. (And what you have to do with your approach to build trust.)
  • Why consulting is bought, not sold.
  • How to perform “The Turn” from marketing and relationships (social norms) to an actual sales opportunity (market norms) with 7 simple words: “are you open to a separate conversation?”
  • How to structure and set fees, including using the “heart attack question” to bound the budget discussion.
  • Some encouragement on building a consulting practice: “This isn’t a business about doing things perfectly, it’s about doing the right things.”
  • Plus, David and Reuben get into details on structuring proposals.

A quick recap of the 6 Steps from David’s book:

  1. Think “right side up” (client first)
  2. Maximize impact with the prospects you have (the right people, the right problem, the right solution, at the right time, with the right fishing line) As consultants, “we don’t hunt, we fish”.
  3. Build visibility, with 2 of the 5 channels (speaking, writing, networking, trade associations, digital presence). However, 1 of the channels must be networking.
  4. Connect, connect, connect
  5. Become the obvious choice (“Discovery” is the key here, and will be the title of one of David’s upcoming books)
  6. Propose, negotiate, and close (including how to offer different options and how to handle price objections).

Books

Irrestible Consultants Guide to Winning Clients

The Irresistible Consultant’s Guide to Winning Clients: 6 Steps to Unlimited Clients & Financial Freedom

The wine

Reuben had some Marquis de Calon (Bordeaux, Saint Estephe 2010)  53% Cabernet sauvignon, 38% Merlot, 7% Cabernet Franc, 2% Petit Verdot. Plum, red current, coffee, earth. Yum.

David does not drink alcohol (despite trips to Bordeaux and Italy), but here’s his recipe for irresistible iced chocolate:

1 tbs cacao powder*
1 tbs carob powder*
1 handful unsalted cashews*
1 frozen, ripe banana for sweetener
20 oz water

Blend all ingredients in a high-power blender (Vitamix or Blendtec) for 50 seconds on high. Pour over glass of ice cubes.

*David uses raw, organic ingredients, but it’s not required.

bottle_0002_oban-14yo

Where to find David:

Where you can find Reuben: @Sales4Nerds, @Mimiran, Mimiran.com.

listen-on-apple-podcasts-sales-for-nerds

You can also  listen on Overcast, or Subscribe on AndroidPlayer.fm.


Get alerted when there are new episodes (1x/month):