Thought Leaders Magazine | Issue 4 | September/October 2010

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  • 8/8/2019 Thought Leaders Magazine | Issue 4 | September/October 2010

    1/15

    Thought

    Leaders helps

    clever people be

    commercially

    smart.

    #tlmagupdate from the leadership council - p.1

    making your writing shine - p.2

    why we are exposed if we dont proprietise our practice - p.3

    the power of positioning - p.4

    awareness enhances attitude - p.5

    commitment - make a stand - p.5

    hidden value in organisational thought leadership - p.6

    develop an idea bank - p.7

    do you have a blue card - p.7are you correctly valuing your thought leadership? - p.8

    going from white belt to black belt as a million dollar expert - p.9

    is anybody really hearing your really important messages? - p.10

    the biggest product mistake you can make - p.11

    whats your mojo manifesto - p.12

    thought leaders summits - p.13

    thought leaders online world - p.14

    SEPTEMBER OCTOBER 2010 | #tlmag

  • 8/8/2019 Thought Leaders Magazine | Issue 4 | September/October 2010

    2/15

    Just the other day

    Dan Gregory, the Creative Director of

    Smart - one of Australia's leading

    advertising agencies and the man

    behind the phenomenal turn around of

    the Coke Mother product re-launch,

    was describing Thought Leaders to a

    major international bid team. He

    described Thought leaders as...

    A cross category, multi disciplinary

    think tank who drive innovative

    solutions to social, political and

    economical challenges.

    This is a grand statement of intent and a

    definite possibility in our near future.

    Driving Thought Leadership Globally

    Thought Leaders is a group of loosely

    coupled networks each centered

    around a Mentor. We are a live

    community that meet physically.

    Our digital platforms facilitate live

    conversations. Each City (Dojo) will have

    at least 10 active mentors who each aresupporting a vibrant community of

    5-150 people. We will be in at least 20

    locations around the world, all City (i.e.

    New York, not country based as in USA)

    and are focused on the Developed

    World.

    The idea is that in time these

    communities can come together as a

    cross category, multi disciplinary think

    tank who drive innovative solutions to

    social, political and economical

    challenges.

    For this to happen we need to be more

    than just talk.

    My focus for the next 12 months is to

    assist the Thought Leaders Leadership

    Team (i.e. our mentors) to grow their

    local communities by

    assisting every great thinker they meet

    to be commercially smart.

    Thought Leaders Structure

    Thought Leaders is a co-operative (no

    shares). It cant be sold or bought

    and while I founded it, I dont own it.

    The Mentors are the members of the

    co-operative and we have two levels

    of mentor, Associate and Partner

    Mentor.

    The Partners are the operational

    leadership team and hold a member

    status in the co- operative structure. We

    operate in a decentralised business

    model in that there is no head office

    and mentors are empowered to makedecisions that advance our interests at a

    local level.

    What can you do to be involved?

    1. Keep focussing on being

    commercially smart as a Thought

    Leader

    2. Keep developing your intellectual

    property and refining your thinking

    3. Get engaged with your community ata local level attending Monthly

    Mentoring sessions and Summits

    4. Drop me a line if you think you have

    what it takes to be a Thought Leaders

    Mentor

    Keep thinking!

    M@

    Founder of Thought Leaders

    (Matt Church)

    update from the leadership councilthe SPIRIT of belonging to Thought Leaders...

    SEPT OCT 2010#tlmag -1-

  • 8/8/2019 Thought Leaders Magazine | Issue 4 | September/October 2010

    3/15

    Writing articles for publication is a

    great way to raise your profile and

    let people experience your

    thought leadership. But the world

    is suffering from information

    overload. What can you do to

    make your article easy and

    interesting to read, and easy for an

    editor to publish?

    Choose a topic that addresses a

    problem your audience wouldcommonly experience. Raise this

    problem in your opening

    paragraph. A question is a good

    way to attract a readers attention

    and motivate them to read your

    article.

    Focus on the reader, not on

    yourself. For example, asking Do

    you wish you could have a long

    weekend, every single week? ismore engaging than saying Im

    obsessed with helping people to

    improve their lives.

    Dont try to cover too much in

    your article. You dont have to

    cram everything you know into a

    single piece. To position yourself

    as an expert, it is better to cover a

    smaller topic area, in more depth.

    Can you summarize your article in

    one sentence? If not, you are

    probably covering several

    different ideas. Choose one, and

    save the other information for

    future articles; you now havetopics for several more pieces.

    Structure your article clearly. Use

    headings to break up the text and

    to give the eye some easy points

    of access. For your headings, use

    questions or short statements,

    rather than single words. For

    example, instead of Happiness,

    use Happiness is a Choice or Can

    you Choose to be Happy?.

    Headings of this type keep the

    reader thinking and wondering

    what comes next.

    Offer several pieces of practical

    advice. Your article needs to offer

    value in exchange for the readers

    time. It should not just be an

    advertisement for your services.

    Articles that hold back the magic

    formula leave the reader feeling

    cheated and that they have

    wasted their time. However, dont

    go to the other extreme and

    provide a list of 50 pieces of advice this becomes overwhelming,

    and cannot be absorbed all at

    once.

    Include some paragraphs that are

    very short and succinct and that

    make an important point. These

    can form pull-outs for the editor

    to enlarge, to catch the readers

    eye. These are like sound-bites

    for radio or TV they are write-bites.

    Keep your sentences short.

    Breaking a long sentence into two

    can give your writing more

    impact.

    Use bullet points for lists, rather

    than stringing the items together

    in a long sentence.

    Include a story or case study to

    show the reader how your advice

    can be applied.

    Use active rather than passive

    language. This helps the reader to

    picture some action occurring.

    Instead of saying A plan can be

    developed, say Make a plan.

    When you have finished thearticle, see what you have said.

    Now rework your opening

    paragraph this is what will hook

    your reader!

    Shelley Dunstone helps people win in

    a world without precedent, and is a

    Thought Leaders Mentor based in

    Adelaide. She has published countless

    articles, has contributed chapters to two

    of the Ideas Books (published by

    Thought Leaders) and is also the author

    of a best-selling textbook for lawyers.

    Contact details:

    Web www.shelleydunstone.com

    Email [email protected]

    Phone 0417 846 108

    making your writing shine!

    Focus on the reader,

    not on yourself...

    SEPT OCT 2010#tlmag -2-

    mailto:[email protected]?subject=http://www.shelleydunstone.com/mailto:[email protected]?subject=mailto:[email protected]?subject=http://www.shelleydunstone.com/http://www.shelleydunstone.com/http://localhost/Users/ladmin/Dropbox/TL%20Magazine/Submissions%20-%20NEW/emythhttp://localhost/Users/ladmin/Dropbox/TL%20Magazine/Submissions%20-%20NEW/emyth
  • 8/8/2019 Thought Leaders Magazine | Issue 4 | September/October 2010

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    It was Michael Gerber, author of

    the business book classic, The E

    Myth, that popularised the term

    proprietisation in a business

    context. I first read this life

    changing book nearly 20 years

    ago and its principles excited me

    so much that I founded a highly

    successful franchise business

    partly to prove the principles set

    out in the book. The Tap Doctor

    (those little cars with taps on theroof) has become Australias

    biggest plumbing franchise and

    this largely due to its proprietary

    uniqueness.

    Gerber suggested that,

    irrespective of whether you intend

    to franchise your business or not,

    you should always think in terms

    of proprietisation. I interpret this

    to mean the art of capturing the

    look and feel of your business as

    well as the positioning and

    systems (hard and soft) that make

    your business stand out from

    others in the same space.

    Most people in our Thought

    Leader community are principally

    technicians running businesses.

    Actual business skills are

    sometimes secondary, often

    something we acquire through

    painful lessons that can cost

    plenty of time and money. As

    Gerber said, we need to

    understand the difference

    between our business and the

    technical work of that business.

    The idea of proprietisation

    addresses with the fact that we

    may not always be as passionate

    tomorrow about what we are

    doing today. As infoproneurs we

    become vulnerable when we lose

    our passion or become sick or

    incapacitated

    Proprietisation ensures that you

    will not always have to trade time

    for money. As thought leaders it

    may be difficult to think in terms

    of proprietisation but at some

    point in the life of our business it is

    important to consider how your

    business will carry on without you.

    In some cases it may seemimpossible to separate the

    business from the individual,

    whilst you can choose to create a

    business name outside of yourself

    there are many examples of

    individuals who have turned their

    name into a brand and in some

    instances an institution, including

    Jims mowing, Dick Smith, Harvey

    Norman, Myer and Charles

    Schwab.

    I recently participated in the

    Mentor Accreditation Program

    where we were given a graduation

    jacket embroidered with the

    Thought Leaders logo. Various

    other items that sported the logo

    included a thumb drive, a set of

    note files and a carry bag. It seems

    Thought Leaders is now taking the

    idea of proprietisation seriously,

    which not only helps build the

    brand but also helps everyone

    identify more strongly with what

    Thought Leaders is. In the

    accreditation we spent some time

    analysing the logo and why it

    properly represented the ThoughtLeaders mission of helping make

    clever people commercially smart.

    As in the case of t he Thought

    Leaders logo, it is important that

    the look and feel of your business

    properly reflects your mission

    statement.

    The point at which you choose to

    proprietise your business is a

    personal choice. Getting money

    through the door for the service

    we provide is obviously the

    priority but dont forget about the

    P word, it could be the key to

    you future freedom and leverage.

    If youre a clever person it is always

    commercially smart to Proprietise!

    Why we are exposed ifwe dont

    Proprietise our Practice.

    SEPT OCT 2010#tlmag -3-

    Tim Wise is a Thought Leaders

    Mentor based in Perth. with awealth ofhands on experience in

    SMEs, Public Companies and

    Franchising.

    Contact Details:

    Web: www.wisespeak.com.au

    Email: [email protected]

    Phone: 0413 056 880

    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  • 8/8/2019 Thought Leaders Magazine | Issue 4 | September/October 2010

    5/15

    Location, Location, Location!

    For thought leaders in-residence,

    our mantra should borrow from thisintent, but the purpose should be

    different: Position, Position, Position.

    Thats what I say!

    Let me unpack that last sentence:

    You will notice I have used the term,

    thought leaders in-residence and by

    this I mean thought leaders who are

    already operating an established

    practice where business is coming in

    the door. Perhaps you aregenerating between $80k-250k and

    working hard and wondering how

    do I make $500k or even $1,000,000

    each year. If thats you, then read on.

    Positioning can be used as a

    strategy at any time but for it towork best, you must have an idea of

    what you do and can demonstrate

    you can do it.

    The second key term in my opening

    was the catchcry of Position,

    Position, Position, used to

    emphasise the key strategy that too

    many thought leaders forget early in

    their practices. If you want to move

    out of the 70 hour weeks, earn moremoney, and specialise or niche

    further, you need to re-position

    yourself. I mean how else can you go

    from $1,500-2,500 per day to

    $10,000 per day with the same

    client? The fast track is positioning.

    How to use positioning to

    advance your business

    Positioning can be achieved

    through a number of channels or

    mediums, such as advertising, press

    etc, but I believe the simplest and

    most effective form of positioning

    that actually makes you money

    rather than costs you m oney, is what

    I call Thought Leadership

    Partnering.

    Thought Leadership Partnering is

    where you take an existing client

    you have had individual success

    with, and introduce talent to them

    that will rock their world. Quite

    simply, you bring an established

    thought leader into their business,

    and watch them strut their stuff,

    and rub shoulders with them the

    whole way; in effect, bringing great

    expertise to your client, bringing

    work to a fellow thought leader, and

    bringing yourself the power of

    positioning all whilst being paid!

    Now obviously you need to broker a

    match of thought leader to the

    organisation.

    In your favour is within the Thought

    Leaders network we are blessed to

    have a group of talented Mentors

    who know the code of positioning.

    That is, Mentors position you back,

    big time. The net result is your

    existing client is impressed at the

    people you know, but more so with

    the great regard in which you are

    held.

    5 Tips for Thought Leadership

    Partnering

    1. Choose an established thought

    leader who complements, but offers

    something different to your work.

    The Thought Leaders Mentor group

    is the best place to start with

    demonstrated experience , and an

    intricate working knowledge of thecode.

    2. Always introduce and close.

    Whilst you have brought in the

    talent, never give away the space

    you have worked hard for. Do the

    introduction for the days training,

    MC the conference etc. It helps if

    you are physically positioned as

    much as intellectually.

    3. Use the time wisely. By bringing

    in an established thought leader

    into your space, spend as much time

    with them! It is the cheapest form of

    mentoring you will find. The lessons

    you learn will be worth more than

    the gig.

    4. Work with your positioning

    partner to leverage more

    investment. If your client has had a

    great experience, they probably

    want more. If you dont offer, you

    miss out, but more importantly the

    client misses out!

    5. Enjoy the experience! Sometimes

    working on your own gets tough.

    Working in collaboration with

    someone is great fun and you will

    have a blast.

    Darren Hill is a Thought Leaders

    Mentor based in Darwin, who brings

    something different to the table. A

    behavioural scientist, entrepreneur

    and highly sought after speaker,

    Darren assists organisations in putting

    people first at work.

    Contact details:

    W: ww w.changeworksnt.com

    E: [email protected]

    P: 08 8945 3199

    the power ofpositioning

    SEPT OCT 2010#tlmag -4-

    mailto:[email protected]:[email protected]:[email protected]
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    The Thought Leaders community is chock-full of clever people who are passionate

    about changing the world one idea at a time! We have fabulous conversations

    exploring these ideas and how to bring them into practical application in the

    different arenas in which we operate. We also generally understand the importance

    of having the right attitude as we expand our thinking. Knowing the theory is one

    thing, but knowing what to do on a daily basis to keep our spirits up is sometimes a

    very different thing indeed.

    As we work on developing our thought leadership including clarity of topic,

    offering and delivery modalities, just being positive is not going to cut it. We need

    an ability to realistically assess our current situation then implement steps to

    identify & deliver best possible results. As I explored in last months edition, I

    believe that the key success criteria is the ability to maintain a sense of optimism in

    our approach.

    So, what does that take? The first of three vital elements to optimise our thoughtleadership journey is attitude awareness. This includes being alert to the triggers for

    ups and downs in our mood, as well as having an ability to recognize cycles during

    the day/week/month. Scheduling tough work for peak attitude times and easing

    offin the lulls can massively increase your effectiveness.

    Stay tuned next month for keys to

    boosting the optimism in your

    Thought Leadership through

    activity management.

    SEPT OCT 2010#tlmag -5-

    We all want our customers to be so in love with

    us that they are prepared to line up for hours or

    days for our new products like they do at Apple.

    Or to want to work for us so badly that a resume

    is sent every 25 seconds like they do at Google.

    The reality is that generating commitment in an

    organisation over a long period of time is tough

    to do. We hear how we need to be creating

    movements and tribes of devoted followers, but

    some days it feels like an achievement if we can

    just get people to show up.

    What is the magic that makes the difference? Institutions, organisations, tribes or movements that

    are able to sustain commitment from their people over time are generally successful at doing one of

    two things making a stand against something or fighting for a cause. There is a third option of

    course fear. And while some organisations and managers might still try to operate out of this

    paradigm, the reality is that it doesnt work.

    Tribes from the bohemians of the early nineteenth century through to hippies and rock and roll were

    all founded on the magic of making a stand or fighting for a cause. Or both. Its a more elegant way

    of thinking about the idea of creating an enemy, mooted in the old leadership and organisational

    theory literature.

    I once worked for a plaintiffpersonal injuries law firm. As far as being a lawyer goes, this is a pretty

    tough gig. The media and the public are not very enamoured of the practice area and the tag of

    ambulance chaser is never far away. Its hard to attract staffand hard to maintain enthusiasm

    amongst a constant flow of negativity from media, colleagues, family and friends.

    The firm however had an amazing culture, every employee felt part of a fight for the cause of justice

    and individual rights. They recited speeches by the great US attorney Clarence Darrow. They were

    phenomenal at building a culture of success around the stories of their work, of celebrating being in

    David and Goliath battles. They fought some of the most high profile litigation in Australia. They

    even formed an association with Erin Brokovich.

    Is Apple making a stand for great design? Is Google fighting for the cause of instant information

    access? Think about what your business does. And then re-think it. How are you making a stand or

    fighting for a cause? Fear is not an option.

    awareness enhances attitude commitment - make a stand

    Helen Macdonald is

    Australias Corporate

    Optimist and a Thought

    Leaders Mentor

    W: www.helenmac.com

    E: [email protected]

    P: 0419 930 864

    Libby Sander is a

    Thought Leaders Mentor

    in Brisbane and is an

    expert on organisational

    design and performance.

    Contact details:

    W: www.libbysander.com

    E: [email protected]

    P: 0409 436 650

    mailto:[email protected]?subject=mailto:[email protected]?subject=mailto:[email protected]?subject=mailto:[email protected]?subject=mailto:[email protected]:[email protected]://www.libbysander.com/http://www.libbysander.com/mailto:[email protected]?subject=mailto:[email protected]?subject=mailto:[email protected]?subject=mailto:[email protected]?subject=http://www.changeworksweb.com/http://www.changeworksweb.com/
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    Commercialising intellectual property

    for strategic advantage and better

    business results is a key role for

    thought leaders within organisations

    as it provides for strong brand

    differentiation in the market place and

    enables the organisation to use the

    thought leadership approach to

    champion strategic initiatives.

    Two often overlooked or hidden

    benefits of Organisational Thought

    Leadership are:

    1. Recruitment and retention of

    talented staff; and,

    2. Converting existing knowledge

    into systems and processes while

    at the same time developing

    shared vision and commitment.

    Both these benefits are of significant

    value as they provide the foundation

    for doing better business by reducing

    costs, increasing productivity and

    delivering the ongoing improved

    performance that comes from a

    workforce with a shared commitment

    to great results.

    Thought leaders in organisations

    come in many shapes and sizes and

    one useful lens is to look at them as

    either individual or group thought

    leaders. Individual thought leaders see

    the world differently and can be

    viewed as mavericks or m isfits.

    However, when identified and

    managed as thought leaders these

    people become strong advocates for

    areas of strategic importance and

    make a major contribution to

    organisational success. Alternatively,

    group thought leaders are often

    referred to as team players, yet their

    ability to facilitate group learning and

    capture organisational knowledge is

    overlooked and opportunities fall by

    the wayside.

    When ignored or left untapped,

    individual and group thought leaders

    at best underperform and can often

    undermine performance or leave the

    organisation in search of a role that

    makes use of their special talents.

    Identifying and harnessing the talents

    of individual and group thought

    leaders in organisations is a vital task

    for CEOs and executive leaders as they

    seek to optimise business results.

    In my 20 years as a CEO, one of the

    most effective development strategies

    I used was to form project teams of

    prospective thought leaders. By

    combining individual and collective

    thought leaders with other staffwe

    were able to capture what we do

    around here and how we can do it

    better and turn this knowledge into

    models for implementation. As well as

    making the most of our people we

    gained a real performance boost for

    using our service model and the

    process developed a passionate group

    of thought leading advocates who

    took responsibility for implementing

    change throughout the business.

    Developing thought leaders in

    organisations is a win - win strategy as

    not only does it provide a point of

    difference in the market it also

    enables the hidden benefits of better

    performance in the existing business

    to become a reality.

    Dr Andrew OBrien is a Thought

    Leaders Mentor based in Melbourne

    whose focus is on Organisational

    Thought Leadership and working with

    executive leaders to nur ture Thought

    Leadership for commercial advantage..

    Contact details:

    W: w ww.andrewob.com

    E: [email protected]

    P: 0417 552 135

    hidden value in organisationalthought leadership

    Developing ThoughtLeaders withinorganisations is a win-win strategy...

    SEPT OCT 2010#tlmag -6-

    http://www.helenmac.com/http://www.helenmac.com/
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    Thought Leaders develop a bank of thoughts or ideas that can be accessed in a moment

    and can be instantly customised to any audience or situation.

    For this to work though, you need to capture the essence of an idea quickly and have a system for

    depositing ideas, reviewing them and withdrawing them as required.

    I believe that you should never speak about something unless you have given it considerable

    thought. Even when faced with a spontaneous request to speak, you can still speak from a well

    considered space, assuming you have done some prep work on your Idea Bank .

    An Idea Bank is constantly being enhanced, re-worked and customised. It is a well organised,

    chunked down catalogue of mini presentations. The IP snapshot system we teach in the Million

    Dollar Expert Program allows for different people to deliver the same message and adjust it for

    their style and environment.

    7 benefits of an Idea Bank1. You can speedily prepare a great

    speech2. You are free to customise content

    whilst preparing

    3. The message can be picked up and

    effectively delivered by others

    4. You don't have to rehearse speeches

    word perfect

    5. You demonstrate your knowledge

    impressively when asked to speak

    6. Others can present the same message

    and adjust the content to suit their

    personal style

    7. You can extend or shor ten the speech

    duration as required

    In short, it's about creating a set of key ideas and messages that you draw upon at different times

    and present in a different sequence depending on the outcome you are looking to achieve. The

    ideas in your bank are all valued differently, some are big ideas, some lesser. A presentation may

    need a few smaller ideas to make t he big ones work.

    The more ideas you have in your bank the better, but only if you can access them easily.

    If you are not currently in possession of a Thought Leaders blue card, then what are

    you waiting for? The Monthly Group Mentoring with a Thought Leaders Mentor is

    extremely high value and should not be missed out on.

    Each and every month, Thought Leadersblue card holders join a monthly group

    mentoring session and spend an hour with a

    Thought Leaders Mentor and other

    members of the community, specifically to

    learn and share in Thought Leadership.

    The sessions are invaluable, and not only do

    you get to attend the sessions of the Mentor

    you signed up with, but you can also attend

    ANY and ALL of the Thought Leaders Group

    Mentoring sessions on the planet!

    So, for example, there is a high possibility that in

    your nearest capital city, there are several

    sessions each month, run by different Thought

    Leaders Mentors. The Monthly Group

    Mentoring are held in locations an d venues

    of the Mentor s Choice.

    The mentors list out their Monthly Mentoring

    Sessions in the events calendar on Thought Leaders Central, so keep an eye

    on the calendar, and get along to experience some time with a mentor and

    other members of the Thought Leader Community.

    Get along to the next session in your area!

    1. Go to http://www.thoughtleaderscentral.com and click on the events tab.

    2. Find the Monthly Mentoring events with a Thought Leaders Mentor.

    3. If you dont yet have a blue card, come along and attend a session with one of the mentors.

    4. If you enjoy the monthly mentoring, sign up for 12 months and get your own blue card.

    SEPT OCT 2010#tlmag -7-

    do you have a blue card?develop an idea bank

    Matt Churchis the founder ofThought Leaders Global and

    continues to be the driving force

    behind many of the countrys

    leading thinkers.

    www.mattchurch.com

    [email protected]

    P: 02 8966 4700

    SEPT OCT 2010#tlmag -7-

    mailto:[email protected]://www.mattchurch.com.au/immersionmailto:[email protected]:[email protected]://www.mattchurch.com/http://www.mattchurch.com/http://www.thoughtleaderscentral.com/http://www.thoughtleaderscentral.com/http://www.mattchurch.com.au/immersionhttp://www.mattchurch.com.au/immersionhttp://www.mattchurch.com.au/immersionhttp://www.mattchurch.com.au/immersion
  • 8/8/2019 Thought Leaders Magazine | Issue 4 | September/October 2010

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    Getting clear on your IP or unique

    thoughts is one key step for your

    thought leadership. But it is only

    part of the story. Working out the

    commercial value, or what to

    charge clients and customers for

    this knowledge, is the other part

    of the equation.

    Many thought leaders struggle

    with placing an economic valueon their knowledge, and when

    they do try to put numbers around

    their knowledge they fall back into

    approaches such as:

    Time where you work out your

    fees based on an estimate of

    how many hours work you do (in

    effect, charge by the hour), or

    Market rates where you work

    out what others in your industry

    are charging and do the same.

    Both these approaches are

    fundamentally flawed, and will see

    you charging a lot less that you are

    worth.

    You see, fees are all about the

    other person and the value they

    place on the object or service. If

    they see the value, they are willing

    to pay higher fees. What you need

    to do is to "sell" the value you add

    to the business. If you can't define

    the benefit of your thought

    leadership, then you will struggle

    to convince a buyer it is valuable.

    To understand the value you add,

    you need to look at your thought

    leadership through yourcustomers eyes. Businesses buy

    outcomes. They want to solve a

    problem, find solutions and make

    more profit. Your job is to help

    them do that. As a thought leader,

    you are not selling ideas, but the

    benefits of your ideas to the

    bottom line of the business.

    Where you provide outcomes, you

    are instantly worth more than a

    simple wages employee who is

    paid by the hour, and more than

    the competition who merely

    provide activities not solutions.

    I often hear thought leaders

    comment that they find it difficult

    to measure the impact they have

    on businesses. This is often a

    smokescreen for emotional blocksto being accountable for

    outcomes. If you are serious about

    stepping up into thought

    leadership, then there are always

    ways to measure the impact you

    make on businesses. If you collate

    detailed case studies, conduct

    surveys or gather qualitative and

    quantitative data on the impact of

    your thought leadership. It will

    add a zero to what you charge.

    And because ideas have a

    different value to different people,

    there is no reason for your fees to

    be the same across the board. Your

    fees can vary as you add

    different value to different people.

    This may not always be possible,

    but dont rule out the option of

    charging different amounts to

    different clients. This is particularly

    relevant when you are delivering

    extended programs internally.

    Another trap thought leaders fall

    into when valuing their

    knowledge, is their own "stuff"

    around money. Dont let price be a

    judgement of yourself as a person.

    So, as a thought leader, you need

    to balance your knowledge with

    your commercial success, and

    make some smart decisions aboutwhat you are truly wor th. You are a

    thought leader charge

    accordingly.

    Steve Major is a Thought

    Leaders Mentor based in

    Brisbane. He is an expert inhelping thought leaders make

    smarter decisions.

    Contact details:

    Web: www.decisionhq.com

    Email: [email protected]

    Phone: 07 3298 6583

    are you correctly valuing yourthought leadership?

    If they see value, theyare willing to pay higherfees...

    SEPT OCT 2010#tlmag -8-

    http://www.decisionhq.com/mailto:[email protected]?subject=mailto:[email protected]?subject=http://www.decisionhq.com/http://www.decisionhq.com/
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    Matt Church has developed a

    great model for strategising and

    achieving the growth of your

    practice. You can see the different

    levels, and their associated belts in

    the picture. Each additional $10k

    per month income into your

    practice gets you another belt, justlike progressing through the belts

    in a martial art.

    The key to the model is to have

    the focus and take the actions that

    are appropriate to your level.

    Ive actually got a black belt in the

    martial art that I study - Aikido.

    There is a particular throw called

    koshi nage (translates as 'hip

    throw') which can have you flying

    through the air upside down and a

    long way offthe ground. It's not

    something that a white beltshould try!

    Its the same in your practice.

    There are some things like writing

    a book which are a bit like koshi

    nage, you want to have at least a

    blue belt before you attempt it.

    Yellow - Nice One!

    If you have made it to yellow belt

    in your practice, the first thing to

    do is acknowledge how far youve

    come. The vast majority of writers,

    speakers, coaches and trainers

    never get to $20k a month. I read

    that when I made it to white belt

    in my practice and had generateda six figure income through my

    coaching, that put me in the top

    9% of coaches. In other words

    91% of professional coaches arent

    even at white belt.

    Its easy to get so caught up in

    how far there is to go that we

    forget how far weve come. If you

    have made it to yellow belt that is

    a pretty cool achievement - give

    yourself a pat on the back.

    OK - enough with the self

    congratulations - time to get to

    work and earn that green belt!

    Focus - Value

    The focus for moving from yellow

    to green is value.

    Firstly, value your expertise andcharge for it accordingly. I used to

    charge $150 an hour for my

    coaching. Just quietly that was

    never going to get me to green

    belt (let alone black belt). I did the

    maths. Almost overnight I put my

    fees up to $500 an hour. Then a

    very strange thing happened.

    People paid me. It made me

    realise that it was what was going

    on between my ears that was

    keeping my income where it was,

    not what other people were

    willing to pay. Of course I then had

    to deliver that much value.

    Also value your time. Green belt

    means selling and delivering

    $7500 a week - $1500 a day. You

    are going to be busy, and it's time

    to cut out any activity that is

    valued at less than that. Its alsotime to get some admin support

    to allow you to focus on your high

    value activities.

    Good luck!

    Going from White belt to Black belt

    as a

    Million Dollar ExpertPart II - Yellow Belt to Green Belt

    SEPT OCT 2010#tlmag -9-

    Peter Cookis a Melbourne based

    Mentor and an expert in the White

    Belt to Black Belt j ourney.

    Contact Details:

    W: www.petergcook.com

    E: [email protected]

    P: 0407 077 210

    have thefocus andtake the

    actions...

    http://www.petergcook.com/mailto:[email protected]:[email protected]:[email protected]://www.petergcook.com/http://www.petergcook.com/
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    Toms job was to read the dials on

    the equipment and to write down

    what it said, and so he came to be

    in the Dyes chemical plant on a

    Sunday, when all oth er Yorkshire

    men were tucking into Sunday

    roast. Luckily for Tom he was at the

    other end of the site when the

    Pfaudler reactor ruptured

    and shot its lid through

    the roof of the building

    like a rocket and landedignominiously against the wall of

    my office. Luckily, for me I was

    home eating Yorkshire pudding!

    The point of this tale was that

    either no one told Tom what to do

    and why, or alternatively he did

    not hear. Whatever the answer,

    Tom duly recorded the increases

    then carried on down the yard

    while the chemicals ignited.

    Organisations have to deliver ever

    increasing numbers of

    compliance, health and safety and

    regulatory messages but many

    continue to deliver these in a way

    that does not resonate with

    audiences and does not hit home.

    The tolerance of regulators of

    incidents and compliance

    breaches is waning and now more

    than ever before, directors and

    executives are being held

    personally responsible for anti-

    competitive activities, accidents,

    incidents and deaths,

    many of which were avoidable.

    The thought leadership

    competency of Mindsets is all

    about ensuring messages hit

    home. In a one to one

    environment its all about findingpeoples preferred way of

    receiving information and

    targeting your communications

    that way, but in a group

    environment, particularly with

    your critical messages, it is about

    covering all the bases.

    If you can find ways to

    communicate with most of the

    people most of the time you will

    be streets ahead of other leaders.

    In the Organisational Thought

    Leadership Programme we use a

    nine box model which builds on

    and beyond the work of Howard

    Gardiner, to map out what is g oing

    on for your audience.

    To introduce you to this, there areeffectively 3 levels in which your

    audience is sitting. There are those

    who are fresh to the topic, the

    beginners who are going to be

    gathering information and trying

    to make sense of the information.

    At the next middle level there are

    the people with intermediate

    knowledge who will be busy in

    their minds arranging the

    information, seeking patterns,examples and looking for

    meaning and distinctions. Finally,

    there are those with an

    understanding of the topic who

    are seeking a deeper meaning

    and context.

    I challenge you now, next

    time you are structuring an

    important boring

    communication piece, thinkdeliberately about these

    groups of people and the

    stages they are at,

    considering their needs to

    receive, rather than yours to

    deliver.

    Tom at least still had a job to do

    after the destruction of the plant:

    cleaning the 300 local cars sprayed

    with fluorescent dye particlesfloating on t he Yorkshire breeze.

    But... will we keep ours, if our

    compliance messages float offin

    the wind too?

    Jenny Vickers is a lawyer expert in

    helping businesses do compliance

    differently and is a Thought Leaders

    Mentor based in Auckland.

    Contact details:

    Web www.zeopard.com

    Email [email protected]

    Phone +64 9 529 1500

    is anybody hearing your really

    boring, important messages?

    Consider others needs to

    receive, rather than yours todeliver...

    SEPT OCT 2010#tlmag -10-

    http://www.shelleydunstone.com/http://www.shelleydunstone.com/
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    The major challenge of being a

    Thought Leader is to leverage your

    ideas. And, one way you can do

    this is to create a product.

    They allow us to express our ideas,

    earn more money and build our

    reputations without us being there

    to deliver the benefits in person.

    When creating your products,

    choosing the right one at the right

    time is crucial. The key is to k now

    your place in the food chain. At the

    bottom are simple ideas withsimple designs. As you move up

    the food chain your products

    become more complex and so

    does the design cost plus the

    leverage you receive.

    Four factors determine where

    you are on the product food

    chain:

    1. Your income and design budget,

    2. The depth and breadth of your

    intellectual property,

    3. The spread of your delivery

    modes, and

    4 . The quality and size of your

    client base/audience.

    The biggest mistake you can make

    is to choose a product that doesn't

    fit your food chain level. Forinstance, when you start out you

    might love to have a custom

    designed board game. And, this is

    simply not going to work. You're

    not realistically going to be able to

    afford it, you won't have the

    quality and breadth of ideas to

    base it on and you won't have the

    client base in place to take

    advantage of the end result.

    A simple framework for choosing

    the right product for your Thought

    Leaders practice is the three Cs:

    Capture, Create and Congregate.

    1. Capture

    The first level of product creation is

    to capture what you're already

    doing. For instance, in Speaker

    mode you can make an audio or

    video recording of you in action.

    The beauty of 'capture' mode is

    that its affordable, takes very little

    time and builds upon your current

    activity.

    2. CreateThe second level of product

    creation is to combine a number of

    your ideas into a single artifact.

    For instance, a trainer may create a

    card or board game. The aim of

    'create' mode is to take your

    current activity to a new level. It

    builds a different level of service

    and delivers it in a new format.

    3. Congregate

    The third level of product creation

    is to build your own communit y.

    For example, a membership site

    where you charge a monthly

    subscription fee filled with ebooks,

    audio and video resources. This

    level requires a considerable

    collection of intellectual property

    and an existing pool of fans to

    draw upon. In the early days of

    your practice, this is too resource

    hungry to be effective plus you

    won't have the numbers to make

    your online space come alive.

    Instead, you can build to this level

    by compiling email lists,

    connections on Linked In, friends

    on your Facebook fan page and

    Twitter followers.

    To avoid making a big product

    mistake, review where you're at on

    the food chain before deciding

    whether to capture, create or

    congregate.

    SEPT OCT 2010#tlmag -11-

    GeoffMcDonald is the creator ofthe Bookrapper concept and isa Thought Leaders Mentor basedin Melbourne.

    Contact Details:

    W: www.ideasarchitect.com.au

    E: [email protected]

    P: 0407 830 902

    The biggest product mistake you can make

    mailto:[email protected]?subject=mailto:[email protected]?subject=http://www.ideasarchitect.com.au/http://www.ideasarchitect.com.au/
  • 8/8/2019 Thought Leaders Magazine | Issue 4 | September/October 2010

    13/15

    Rapidly manifest great results by

    just being you in ways that

    others value!

    Ever been in this situation?

    You are keen to create more

    business or clients.

    You are at an event such as a social

    event, a training course, a

    networking event or a conference &

    you meet someone new and they

    ask:

    So, what do you do?

    Umm err well I sort of... do

    some stuff Im really good at

    cough, splutter, sip your drink

    (change subject)...

    So, what do you do?

    Or,

    You start to talk about what you

    do and three minutes later their

    eyes glaze over, they politely stifle a

    yawn & start looking for

    somewhere else to go.

    Of course, this has never happened

    to me and Im sure wouldnt have

    happened to you!

    But it did happen to a friend of

    mine once. Maybe one of your

    friends had a similar experience

    Step 1: Creating your Mojo

    Manifesto

    Your Mojo Manifesto is a simple

    four to ten word declarative

    statement which consists of two

    elements:

    1. It captures the essence of who

    you are, at your best, when you are

    in service of others and the planet.

    2. It is one idea expressed in a way

    that creates your key message as a

    compelling benefit for others.

    It is not a slogan or motivational

    saying. It is not a way of trying to

    get people to buy your ideas/

    services, it is an authentic way of

    proudly communicating what you

    are about in a way that is simpleand relevant for others.

    The cool thing about capturing

    your Mojo Manifesto is that it

    expresses who you are as unique

    and valuable to others while

    liberating you from insecurity and

    neediness.

    It feels good, and is very attractive.

    An example of a Mojo Manifesto

    is:

    Thought Leaders: Helping clever

    people be commercially smart.

    Step 2: Rapidly manifesting

    great results

    The three levels of Manifestation:

    To create or bring into reality the

    existence of something in our lives,

    there are three levels of power in

    which we operate. These things are

    going on constantly, and for us,

    mostly unconsciously, whether we

    like it or not, or whether we like the

    results or not.

    Level One: Thoughts - Thinking

    about it. Visualizing it. Gettingemotional about it.

    Level Two: Communication How

    others hear and see you, through

    what/how you speak, listen, write,

    make requests, how you appear,

    how you conduct yourself, your

    products and even your consistency

    with your message.

    Level Three: Action This is the

    power zone of manifestation - the

    greater the action you take - the

    faster results will manifest.

    The irony of really nailing your Mojo

    Manifesto is that your thoughts,how you communicate and your

    actions will automatically align with

    this statement because it is a

    natural expression of you.

    Your professional life becomes a gift

    and a source of fulfillment.Ivan Waters is a Thought Leaders

    Mentor based in Melbourne and is an

    expert in helping finding effective and

    sustainable ways to easily get results.

    Contact details:

    Web: www.loveyourbody.com

    Email: [email protected]

    Phone: 0408 625 907

    whats your Mojo Manifesto?

    SEPT OCT 2010#tlmag -12-

    http://www.loveyourbody.com/http://www.loveyourbody.com/mailto:[email protected]?subject=mailto:[email protected]?subject=http://www.loveyourbody.com/http://www.loveyourbody.com/
  • 8/8/2019 Thought Leaders Magazine | Issue 4 | September/October 2010

    14/15

    It was Charlie Jones who saidthat the key factors that make a

    difference between who you are

    today and who you will be in 5

    years time are the books you

    read and the people you meet.

    We reckon he was right, but now,

    the change can h appen quicker,

    and the ways you can learn are

    more diverse.

    We have been running meetingsfor thought leaders for almost 10

    years. A Thought Leaders event is

    so unique.

    Where else in the world would you

    get to attend a program where the

    audience is as stimulating as the

    presenters? In the past, the only

    way you could really know thiswas in the breaks. Those short

    sessions where you duck to

    the loo, grab a muffin, chat

    to some new people briefly

    and then, almost with regret,

    have to break up the chat to go

    back into the learning session.

    Well, what if the whole program

    was as good as the break? What if

    you just had a whole event

    dedicated to the mutual sharing of

    ideas between some truly great

    thinkers and subject matter

    experts?

    The Summits are built around the

    phenomenally successful Open

    Spaces format. This structured

    approach to unstructured

    meetings has been used in the

    United Nations assembly

    discussions and in small regional

    communities in the outback. It

    works!

    Of course

    you have to

    take our word for it the first time.

    After a few minutes though, you

    will come to see this as one of the

    most natural and effective ways for

    people to get together to share,

    learn and meet.

    There are four principles of

    Open Space...

    1. Whoever comes are the right

    people

    2. Whatever happens is all thatcould have

    3. Whenever it starts is the right

    time

    4. When it is over, it is over

    And, there are two laws...

    The Law Of Two Feet implies that

    if, after being part of a session you

    are no longer interested in it, you

    have permission to leave. The law

    puts responsibility for your own

    actions on your own shoulders.

    Bumblebees And Butterflies are

    for those people who wish to use

    their two feet and 'flit' from

    meeting to meeting. These people

    can pollinate and cross-fertilize,

    lending richness and variety to the

    discussions.

    Its elegant in its simplicity!

    Not only do we not apologise for

    the likelihood that you might just

    think differently when you finish

    the day - we hope that is exactly

    what happens. Indeed, that is the

    role of thought leadership.

    So what do you do? Well, go to the

    registration site and invest $990

    and get our all you meet specialdeal. Thats right. You can attend

    any of the advertised dates and

    locations. You can register by

    going to

    www.thoughtleaderssummits.com

    And, come to the first one as our

    VIP Guest!

    a new wayto share,learn & meet

    SEPT OCT 2010#tlmag -13-

    sydneyThursday 6 May 2010

    Thursday 5 August 2010

    Wednesday 20 October 2010

    brisbaneWednesday 2 June 2010

    Wednesday 1 September 2010

    Wednesday 1 December 2010

    melbourneWednesday 30 June 2010

    Tuesday 24 August 2010

    Wednesday 27 October 2010

    aucklandTuesday 18 May 2010

    Friday 27 August 2010

    Friday 26 November 2010

    http://www.thoughtleaderssummits.com/http://www.thoughtleaderssummits.com/http://www.thoughtleaderssummits.com/http://www.thoughtleaderssummits.com/
  • 8/8/2019 Thought Leaders Magazine | Issue 4 | September/October 2010

    15/15

    Where Why What to do

    Its not what you know but also who you know.

    This is the key place to meet, network and

    communicate directly with the whole Thought

    Leaders membership community.

    Build a profile Join the local community group

    Introduce yourself to a local mentor

    Blog your thoughts

    Be coolserve dont sell

    You get tonnes of great information on how to

    capture, package and deliver your expertise.

    Create an RSS feed to the episode list

    Watch videos, post comments, share the

    content with your friends, clients and

    colleagues via facebook, twitter etc

    Read streamed articles and specifi

    c thoughts onhow you go about developing your expertise.

    Set up an RSS feed

    Post comments Share the content

    Get short bursts of mentoring.

    Stay up to date with latest networking and

    learning opportunities

    Follow

    Re-tweet the stuffyou like

    Its the one stop portal for all these different

    online places. Link to all in the Thought Leaders world

    They are the live, belly-to-belly, face-to-face

    experiences that combine the multiple benefits

    of sharing, learning and meeting.

    Participate

    Ability for to you apply to become a Thought

    Leaders Accredited Mentor.

    Branding

    Licensing

    Positioning

    Navigating your way around the

    online world