Business Lyceum

e-Letter
Practical Instruction in the Arts and Sciences of Making Money


Editor/Publisher:  J.F. (Jim) Straw

FEBRUARY 2005

Greetings & Salutations:

In last month's issue, I asked you  ... 

Do People Really Believe They Can Get Rich ... Overnight ... Without Working ... Using Some 'Secret' Method or Technique?

Can the absurdity of the get-rich-quick, bullstuff-ads be justified or, at least, defended?

The answers I received from you ran the gamut from light-hearted smart remarks to the officiously serious.

From  those answers, I have confirmed my own opinion that we ALL want to believe there is an easier way - and  - someone just might know a "secret" we can use - but - we must recognize the fact that ...

"You cannot teach a man anything; you can only help him to find it within himself." -- Galileo

So, even if only 10% of the information provided by the less-than-totally-truthful guru is factual, there will be those among his (or her) customers who will find what they need within themselves.  Those people will attribute their success to the promoter who awakened the 'spirit of success' within them. -- They won t even realize how much they had been mislead until much later, when they look back and compare what they have done to what they had been lead to believe they were supposed to do.

To illustrate, let me tell you...

A true story from my own experience.


As you know, back in my younger days, I made some outrageous money as a Finder.  Then, in 1978, I created my Finder s Fee course ... which has since become the 'bible' of that industry. -- I have often told the story about how that course came into existence.

Back when I was just a kid, growing up on the farm, I discovered that I could make a few extra bucks by putting buyers and sellers together and charging a 'commission.' -- If farmer Brown had a tractor (or whatever) for sale, I would make an arrangement with him to give me a commission if I could find him a buyer.  Then, when I found another farmer who needed such a tractor, I would introduce him to farmer Brown and, if he bought the tractor, I would get my commission. t It was 'easy money' because I knew almost everyone in the county, what they had for sale, and what they might buy.

Later, when I was in the Army, I learned that used car salesmen would pay me what they called a 'bird dog' fee, if GIs I brought to their lots bought a car. -- Again, I was earning Finder s Fees, introducing buyers to sellers, but I didn t know it at the time.

Sometime during my stint in the Army, I somehow acquired an old book about unusual businesses.  In that book, there was a rather lengthy chapter about earning Finder s Fees.  That chapter mentioned that Finder s Fees could be earned in the fields of Industrial and Oil Field Equipment (just like farm tractors), Closeouts, Liquidations, Collectibles, and a whole world of areas I had never even considered.

Even before I got out of the Army, I had started earning bigger and bigger Finder s Fees on all kinds of products and services ... just introducing buyers to sellers ... as I had 'learned' in that old book. -- By the mid-1970s, I was known internationally as a successful finder ... earning some outrageous fees for  'finding' some of the most diverse products and services you can imagine.

For 10 years, I firmly believed that my 'success' as a finder was due to what I had 'learned' from that single chapter in the old book I had read.  And, had anyone ever asked, I would have 'testified' that I owed my success to that author.

As I pursued my career as a finder, I read everything I could find about Finder s Fees. -- Everything I read was 'bullstuff.'   None of it even vaguely   resembled the 'truth' about being a finder - and - when I was able to actually speak to the authors, I learned that they, personally, had never earned any Finder s Fee, but they had 'read' about it (maybe in the same book I had read).

In 1978, when I decided to 'teach' people how to really and truly earn Finder s Fees, I went back into my archives and retrieved the old book I had read ... thinking I would use the chapter on Finder s Fees in it to start my course.

Guess what? -- Rereading the chapter on Finder s Fees in that old book, I learned that what the author had written was actually even more misleading than the 'pure bullstuff' I had read since.  (It s a good thing I had never given the author a testimonial.)  But, something in that book had inspired me to decide to become a finder.

So ... you see ... even though over 90% of the information provided by the less-than-totally-truthful guru is factual, there will be those among his (or her) customers who will find, within themselves, the inspiration to succeed.  Those few will give glowing testimonials to the efficacy of the promoter s teachings ... fully believing that the information he (or she) provided was instrumental in their success ... not realizing that it was their own thinking that produced the results.

Once those people have made the decision to succeed, it matters not that over 90% of what they have read is worthless.  They will ... as I did in my pursuit of finder s fees ... adapt, adopt, develop, and implement the methods necessary to achieve their success.

By the way, I m talking about 'bullstuff information' here, not 'bullstuff advertising.' -- Even 'bullstuff information' can inspire a person to succeed. -- 'Bullstuff advertising' only benefits the promoter.

Although 'bullstuff advertising' is a corruption, until a person is well versed in a business method, technique or application, it is almost impossible for them to discern the difference between bullstuff information and the real thing.  Therefore, unfortunately, even the very best of information may be, and   often is, unwittingly labeled as 'bullstuff' by those who do not know.

But ...

All it takes to succeed (in any business) is a decision to be successful.
Once the decision is made, you will do it!

It really doesn t matter what inspires you to make that decision.  Whether the information you are relying upon is the best, most reliable and factual dissertation ever written on the subject, or pure 'bullstuff,' your decision to do it ... no matter what it is you decide to do ... will produce the results you anticipate and expect.

Think about it!  Relate your decision making to anything (or everything) in your life. -- When you are indecisive, you wander around in a state of perplexity  ... nothing seems to be going right.  Then, when a decision (about anything) is finally made, the stress is relieved and you can go on about whatever you are doing and accomplish your intended goal.

Even if the decision is to give-up, or quit, or just forget it ... the result is the same. -- You do it!!

When YOU finally and unequivocally decide that you are going to succeed at something (anything), you will do it. -- That s why all of the great teachers of 'success motivation,' emphasize goal setting.  Because, once you decide upon a goal, you will find a way ... even though you stumble and fall along the way ... to get to that goal. -- The decision to get to your goal is all it takes!

Decide, today, that you will have a successful, profitable business.  Once your decision is made and you know without doubt what your goal is, forsake all other avenues to success. -- Then, whether you follow my teachings or the teachings of a less-than-totally-honest guru, you will succeed.

The decision is yours and yours alone!


Now, let's do some  ... 

Questions and Answers, Comments and Other Good Stuff!

Paul K was faced with an ages-old dilemma ...

"Since you have so much experience, in so many different areas of business & real estate, I would like your advice as to the best way to break the "paralysis of analysis" &  the "fear of rejection" when starting a "real estate investing" business?"

Paul ...

All you have to do is remember,  "The  worst that can happen is the answer will be NO." - and - "They can kill you but they can't eat  you."

Anywho ... that's the reasoning I use.



James A. Ehle needed some advice ...

"When I read your emails and website information, I honestly feel I am reading "real" input, not some glitzed out page of mixed up babble. -- My Question. -- What do you think of using Mini-Websites for selling information both off and on line? I have a website in the wings that I am offering self produced information products and a newsletter, but they are not all along the same line of subject matter. Would a Master Website work, with individual pages describing each product, or would an individual website featuring only the single item work better? -- I am also looking for a merchant account or service that can handle credit cards for both on and off line sales."

Jim:

The only way you can tell for sure is to "test" both individual sites and a master site.  Depending upon what you are offering, either or both might work. -- Sorry.  Ain't any other way.

Believe it or don't ... your best bet for a merchant account is through your  local bank where you have your business account.


Jacques T.Bastide wanted me to tell you about ...

A new system that allows you to send Real Greeting Cards from the Internet!

Looks like it could be a great addition to your marketing mix - and - you can try it free at:

http://www.sendcardsfast.com/special2/


Jim Morris said ...

"If you are in some sort of niche on the Internet, there is no doubt you have uncovered the mother of all keyword research tools, Wordtracker. -- Wordtracker is the ultimate tool to uncover niche keywords, keyword trends and whether there is enough demand in a niche market.  Find new keyword phrases to position yourself in front of, and build more targeted traffic to your website.  Well, let me show you a neat way to use Wordtracker's service for free, that almost feels like you're at a paid service. -- A new tool I uncovered is called NicheBOT.  It uses WordTracker Trial results and lists the number of competition pages in Google if you used quotes around the search or without."

You can check it out right here:

http://www.nichebot.com



Dan Tierney wanted to know ...

" I want to sell consumer electronics, like video games, computers, computer hardware/software, computer games, peripherals, video cards, game cards.  -- How would you find those people who want to buy that?"

Dan:

As I explain in my Affiliate Marketing course ...

Every product or service has forums, discussion groups, and ezines.  By entering those forums, discussion groups, and ezines, you gain contact with the kind of people who would buy those products or services.



Ryan Berg says ...

"Test-drive  my copywriting services totally free and see for yourself what kind of sales copy I can create for your online business."

Why not give him a try. -- It won't cost you anything and you might end up with sales copy that pulls their  socks off.

Try it at:

http://www.doublesalesguaranteed.com/freeoffer.html



Chuck Huckaby wanted you to have this ...

"I have 120 Instant Buzz Invitations reserved for your readers. -- If they would like no cost traffic for their websites. This month, I've received over 27,982 no cost ad impressions and significant traffic and revenue. -- Perhaps they'd like a share?"

Here's the link...

http://www.1sthowtoworkathome.com/Instant-Buzz-Invitation.html



Bud Somers  wants to give you a donut ...

" You know what the bakers did in the old days to create "Good Will" and get their customers to come back over and over again? --  They gave the "13th DONUT" for free! -- We have developed a NEW "13th Donut" ever business can use."

Check it out!

http://www.Make-More-Sales.com



Well  ...  that's it for this month. -- In order to make every issue responsive to YOUR needs, please send me your questions; or tell me what sources or resources you need to build your business; or give me any thoughts you want to share with your fellow members.

Believe it or don't  ...  I ain t a mind-reader. -- If n you doesn't tell me what you need, I may never touch upon the information, sources or resources you need.

This is your publication for you to use to your benefit  ...  I am just your moderator.

 Until next month, keep well  ... 

J.F. (Jim) STRAW
Grande Panjandrum


Thoughts For The Month!

"Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing happened." -- Winston Churchill


Can you stump the old master? -- Betcha can't!

Over the past 40 years (man and boy), I have made bundles of money in direct selling, service contracting, wholesale merchandising, entertainment (I was a professional Trumpet player, vocalist & Radio Announcer), freight forwarding, import/export, retail merchandising, warehousing, real estate, electronics manufacturing, finder's fees, closeout merchandising, financial brokerage, business consulting, steel fabrication, gold and coal mining, offshore banking, mailorder, writing, and publishing. -- That being the case ...

No matter what business you're in ... whether you're just starting, well on your way, or at the top of the heap ... I've probably been where you are, done what you are doing. -- So ...

Anytime you have a question about 'how' to do something in your business - or - if you have any comments about anything I've said in issues of this e-Letter; or if you want to add your 2 cents worth ... just "ask" me or "tell" me.

Send your Questions, Comments or 2 Cents Worth to ...

with "Question" - "Comment" - or, "2 Cents Worth" in the SUBJECT.

If I, personally, don't have an answer to any question you may ask, I will contact some of the professionals in your field of endeavor (I will probably know one or more personally) to get the real 'skinny' for you.

Note: If you want to ask a question anonymously just tell me so when you send in the question. -- Nobody but you and I will know who asked the question.


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