Dennis Yu

I splurged and got a $30 bowl of soup.

At first, I thought I should get the $9 bowl that I normally have— amazingly delicious and filling. It would be a waste to spend 300% as much on this one that had oxtail in it. But then I decided that I was worth it. And it would leave me with regret not knowing how pho at level 10 (credit Glenn Vo ) would taste. I’m glad I did, instead of leaving in defeat. And I did finish it, too— a ton of meat. Sometimes do things for yourself. Reward yourself— you’re worth it.

I splurged and got a $30 bowl of soup. Read More »

I USED TO take pictures of places.

Beautiful sunsets and monuments and the like. But then I stopped. My pictures had no people in them, especially not me. I felt that having me in the photo would have corrupted a great shot. And I didn’t like how I looked. Plus, it would be pompous to be taking so many pictures. I’m not a famous person, nor do I want to be paparazzi. But then I realized that there were thousands of people who already have taken a picture of the Statue of Liberty, Nike’s headquarters campus, the LAX airport, and so forth. Put yourself and loved ones in the picture to have something truly unique that you will cherish for years to come. Take pictures with people, not just places.

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Can you guess what the #1 job is that young adults want to have, according to a recent poll?

To be an INFLUENCER. Yes, to be paid just to be who they are– to have people extend them the red carpet and royal treatment everywhere as if they lived in a Disney movie. Pop the bubble and you risk teenage outrage– hey, nothing wrong with wanting nice things, going on luxury vacations, or getting someone famous on your podcast. But wouldn’t it be so much better to do something that creates so much value that people talk about you and seek you out? We’re all intrinsically worthy and special– so this is not about self-esteem. It’s about having a product or service that generates cash, which you can then fund your business and your lifestyle. Because if you don’t have a business, then you’re relying upon charitable donations. Develop a talent– it could be as simple as following clients around with a camera and pressing the red button at key moments. I spent today with two billionaires doing just this– getting access to private boardroom meetings because I have enough skill to press a red button and behave like an adult. Rather than self-declare that you’re an INFLUENCER, redirect your efforts into your learning and your craft. Because how many of the people who keep insisting they are honest, really are? How many truly wealthy people go around saying they’re rich? When was the last time you drove through a slum with signs for “drug-free, safe neighborhood” and believed those places were safer than the ones without such signs? You can be an INFLUENCER. But if you have to say you’re one, well…

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Worth

Imagine if the score of the game was based on how many points each player thought they should be able to score. The referee would simply tally up the wishful points from the players on each team and then declare which team won! We had a candidate demand triple the starting salary of his position. Rather than actually do a few tasks to demonstrate he was capable of the senior role, he tried to negotiate. He offered to dock his requested pay by 10%. But our response was that he should be paid what he thinks he’s worth. Any less and he wouldn’t be happy with his job. So then he said that he needed the money because he has high family expenses. But so do many of us, and this is not the welfare system. The Facebook and Google systems reward you by performance, not taking into account the race, age, gender, or number of children of the person making the ads. We might not like the result, but it is fair. And the same is true in a cross-country race or marathon race. It’s how fast you can demonstrate you can run. Not how good you look in your outfit, how hard you plead with the clock at the finish line, or how fast you think you could maybe run. Reward people by what they can do, not what they hope. But still, give them the opportunity to prove themselves and make available the training facilities for those who are earnest and respect the game.

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Want the program I use to build other personal brands, including my own?

The “secret” is to assemble “high authority” content that you boost for $1 a day. A lot of people talk generically about how to build a personal brand, why you should be authentic, and why you should “follow your dreams”. Getting pumped up is a good thing– and even better is having some process behind what is usually randomness for most people. This is how we have our specialists assemble our content, determine what is high authority, and grow personal brands. What do you think?

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Have you seen…

— A public speaking coach who says umm all the time.— A motivational speaker who has to pump themselves up every morning.— A social media marketer who relies upon spamming for business.— A dating coach who has insane relationship problems.— A business coach who has never run a business before. The coaching profession has absolutely exploded. Now everyone is an author, speaker, and coach. Take a weekend seminar and hire a ghostwriter– that’s all it takes. Then pay $500 to get yourself “featured” on Forbes, Inc, Entrepreneur, and Huffington Post. Pay $20 on Fiverr to get 5,000 followers on Facebook, Twitter, and Instagram. Pay $3,000 to get a blue checkmark on Facebook and Twitter. People want “instant authority”, and the influence peddlers are happy to fill the need. Why put in the work to develop a real skill or a real business when you can be an “influencer” by checking the boxes above? I speak at a few dozen conferences a year. So I can tell you that behind the scenes is a lot of fraud by well-intentioned people. The time it takes to put together a solid presentation, coordinate logistics, travel all over the place, and so forth, means the time that used to be for hands-on execution disappears. Dunning-Kruger is alive and well- and knowing what that is will change your life. I’ve not put together a presentation in years. Instead, I open a web browser and start sharing, going where the audience has questions. And I’ve cut way back on travel since the team needs me, my body needs me to treat it with respect, and I need to focus on priorities. The concept of #LDT is Learn > Do > Teach. In other words, teach only from your direct, demonstrable, step-by-step experience. The flood of instant coaches will give way to mentors. ** Mentors share experiences and are motivated by love for their students. ** Fake coaches share vague aphorisms and are motivated by their self-promotion. ** Mentors have systems and clear processes to transparently guide people along the way. ** Fake coaches have speeches and videos that tease you, designed with escalating price tags. ** Mentors have successful students that are living proof of their mission and process. ** Fake coaches have pictures they took with famous people at events, where they stood in line to get their photos. Next time you hear someone say they are an influencer, replace it with the word “famous”. Then see how ridiculous this sounds by attempting to introduce yourself, with a straight face, to friends and colleagues as someone who is famous. Let your students and customers do your promotion for you. We screen all potential clients and specialists for their goals in what we call a 3×3 Goals Sheet. Most get rejected because their focus is only on themselves, instead of service to others. They want sales and Lamborghini’s (nothing wrong with having money, in itself), but not by creating even greater value for others. We’ve turned down a lot of really bright, hard-working people because we know their own values will disqualify them later. And we bring on the earnest, underprivileged unskilled folks who wouldn’t get hired elsewhere when we see potential and cultural fit. Your competitive advantage is your people, which stems from your culture. So your culture is not some inspirational poster on the wall from HR, but something you actively share and live. Because if you don’t, then you’ll attract the self-promoters in droves, unconsciously incompetent about the Dunning-Kruger that plagues them. Expect this problem to continue to grow in the future.

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Maintain a photo album

If you’re an author, speaker, coach, founder, entrepreneur, or public figure of any sort, you must maintain a primary photo album of your speaking and networking pictures. These galleries generate the highest authority and engagement for your personal brand at the lowest cost, especially if you boost to audiences of the conferences you’ve spoken at. When people click into a gallery, you’ll get many other clicks (and often likes), which is why your interactions can be greater than reach sometimes). And this generates stories, which drive further organic engagement. Make sure to add descriptions to all photos. Don’t attempt to sell here– whether promoting your products or services or including links. You’ll get killed algorithmically, and it just makes sense to educate for mid-funnel behavior. Follow Logan Young here as an example of what anyone can practically accomplish– no matter how “busy” you are, if you don’t have money, or whatever other real or perceived barrier. If you believe you have a message worth sharing, then you ought to at least be doing this on a public figure page (not a user profile).

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Guard your time jealously– it’s okay to charge for it.

Most of the popular speakers, bloggers, podcasters, and other public figures are nearly flat broke, even though they’re ranked #1 in various lists and have huge audiences. Why? Because they’ve focused on delivering amazing content (in itself not a bad thing), building their network (to bring on good guests to interview), and otherwise being busy in the production and editing of content. But they don’t treat it like a BUSINESS. And because they’re not looking at monetizing or perhaps even don’t have a list, they don’t have the funds to hire people to run operations– to build courses, project manage, sell consulting, and so forth. That’s the chicken and egg. The general public believes these folks to be super rich since they’re hobnobbing with billionaires and flying all over the planet. But folks on the inside know the reality– that travel eats up time, that most keynotes cover only travel plus a modest stipend, and that there is a lot of free consulting involved. So the trick is to make more money, as there just isn’t more time to come up with more content. None of us has the time to ideate on starting a new show, to sleep less, to take time away from our families, and to give to the well-deserving startups and entrepreneurs. Guard your time jealously– it’s okay to charge for it.That’s why you blog, make videos, post on Facebook, and so forth– the community can consume your KNOWLEDGE for free, without depleting your precious time. photo credit: Robert Scoble

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