Latest / What is Business Development? / Episode 155: “The Genius Code” with Justin Michael
Transcript
- 0:03Speaker 1: Welcome to the Business Development Podcast, brought to you by
- 0:06Speaker 1: the Global Business Development Association, delivering the strategies and tactics
- 0:11Speaker 1: to boost your career and corporate growth.
- 0:21Speaker 2: Hello, BD pros, and welcome to the BD Podcast, the
- 0:25Speaker 2: official podcast of the Global Business Development Association. And today
- 0:30Speaker 2: we're here with our repeat guest, Justin Michael. It's so
- 0:33Speaker 2: great to have him back. Now, let me ask you
- 0:36Speaker 2: this question, folks. What if the most valuable asset you
- 0:41Speaker 2: own isn't your business, your network, but it's the knowledge, experience,
- 0:47Speaker 2: and perspective you spent a lifetime building? Now, most people
- 0:52Speaker 2: have far more value inside of them than they realize.
- 0:56Speaker 2: But you know what also has some great value inside
- 0:58Speaker 2: of it? It's the Business Development Body of Knowledge. It's
- 1:02Speaker 2: available on Amazon. This is the official guide to our
- 1:06Speaker 2: business development profession from the Global Business Development Association. When
- 1:11Speaker 2: you read the book, you can then take the online
- 1:14Speaker 2: exam for your business development professional certification from GBDA. Just
- 1:19Speaker 2: go to gbdassociation.org. And while you're on Amazon, why don't
- 1:25Speaker 2: you roll over and see This great new book, hot
- 1:28Speaker 2: off the press, published in August. And it's Justin Michael's
- 1:33Speaker 2: newest book. It's The New Genius Code. And let me
- 1:38Speaker 2: tell you a little bit about Justin. He has 20
- 1:41Speaker 2: plus years in enterprise tech sales, including Salesforce and LinkedIn,
- 1:45Speaker 2: a thousand plus professionals coached, 250 plus organizations trained, and
- 1:51Speaker 2: 10 plus bestselling books that all help generate a billion
- 1:56Speaker 2: dollars in pipeline. And his co-author is another powerhouse publisher,
- 2:01Speaker 2: Jeremy C. Jones. He's a five-time number one Amazon bestselling author,
- 2:06Speaker 2: a military veteran, entrepreneur, and authority-building strategist. Now, the book,
- 2:14Speaker 2: The New Genius Code, discover your unique advantage, package your knowledge,
- 2:18Speaker 2: and monetize your unique genius. Justin and Jeremy, they reveal
- 2:24Speaker 2: the practical framework for identifying your unique genius, turning what
- 2:29Speaker 2: you know into intellectual property and building an intellectual enterprise
- 2:34Speaker 2: around the ideas only you can bring to the world.
- 2:38Speaker 2: Because in a world overflowing with information and increasingly shaped
- 2:42Speaker 2: by AI, knowing more is no longer enough. It's about
- 2:47Speaker 2: recognizing what your life has been already prepared you to know,
- 2:52Speaker 2: and finally doing something meaningful with it. So with no
- 2:57Speaker 2: further ado, let's welcome back to the show, Justin Michael. Justin,
- 3:00Speaker 2: welcome back.
- 3:02Speaker 3: So great to be here. Thanks for supporting all the
- 3:04Speaker 3: books and your book's incredible too. So comprehensive, really. Yeah.
- 3:09Speaker 2: Yeah. Well, thank you, Justin. I think the last time
- 3:11Speaker 2: we exchanged messages about my book, I said, Justin, I'd
- 3:13Speaker 2: love to get your feedback on it. I sent it
- 3:15Speaker 2: over to you and you sent an email back saying,
- 3:18Speaker 2: this is like an encyclopedia. So I don't think there was,
- 3:25Speaker 2: I wasn't completely revealing in the size and scope of
- 3:29Speaker 2: the book. But still, I appreciate your feedback. I appreciate
- 3:34Speaker 2: your glowing remarks about the book. And it's always fantastic
- 3:38Speaker 2: to have you back on the show. I know the
- 3:40Speaker 2: audience loves always hearing about the innovative sites. I mean,
- 3:43Speaker 2: you're always at the tip of the spear, as we say,
- 3:46Speaker 2: really looking at what is coming down the road and
- 3:49Speaker 2: you're always about five clicks ahead of everybody. So I
- 3:52Speaker 2: can't wait to really jump into your book. And again, folks,
- 3:55Speaker 2: we're talking about the new Genius Code. It's available on Amazon.
- 4:00Speaker 2: So Justin, tell us a little bit about, just refresh
- 4:04Speaker 2: everybody's memory, how you got into the BD game and
- 4:07Speaker 2: why did you write the book? Yeah.
- 4:10Speaker 3: So I've been doing sales since 2001 and I started
- 4:13Speaker 3: in telemarketing when I was 21. So that Makes me
- 4:17Speaker 3: 46 going on 47 now and 14 books and 13
- 4:21Speaker 3: in my name. I have another coming sequel to tech-powered
- 4:24Speaker 3: sales called AI-powered sales. But genius code was critical because
- 4:28Speaker 3: as I transitioned into consulting or doing side hustles and
- 4:32Speaker 3: going and doing advisory, consulting, fractionality, the side hustle, if
- 4:36Speaker 3: you will, when I'm coaching other people to become coaches
- 4:40Speaker 3: and consultants, because remember you featured the seven-figure formula all
- 4:43Speaker 3: about client acquisitions. solopreneurs really struggle with what am I
- 4:48Speaker 3: an expert at? And it's a great paradox and irony
- 4:51Speaker 3: because they typically have 10, 15, 20, even 25 plus
- 4:55Speaker 3: years of experience and they face imposter syndrome or just confusion.
- 5:00Speaker 3: People don't realize that 40% of Americans side hustle. So
- 5:05Speaker 3: even if you have a non-compete or anti-moonlighting clause, most
- 5:09Speaker 3: people I talk to have an LLC, they're on a
- 5:11Speaker 3: board of a startup, they're doing some GTM advisory. People ask, well,
- 5:15Speaker 3: what will I go do and monetize? And I say, well,
- 5:17Speaker 3: take the last five jobs that you had and imagine
- 5:20Speaker 3: that you were devising them all strategically right now at
- 5:23Speaker 3: the same time. That's the reveal. I've also called that
- 5:28Speaker 3: the Matryoshka dolls metaphor, you know, the Russian nesting dolls,
- 5:32Speaker 3: because the skills you have sort of like white belt,
- 5:36Speaker 3: yellow belt, green belt, purple belt, they build within, right?
- 5:39Speaker 3: So within the account executive skill set is your SDR
- 5:42Speaker 3: skill set. And you could even argue, at the very
- 5:45Speaker 3: highest level of full cycle selling, is top of funnel, hunting,
- 5:49Speaker 3: and outbound. So there is a uniquely genius skill everyone
- 5:54Speaker 3: on this call has. I believe that's God-given. I had
- 5:57Speaker 3: someone say, well, I don't believe in God. And I said, well,
- 5:59Speaker 3: maybe it's DNA or the Akashic Record. If you have kids,
- 6:03Speaker 3: you see this. When I always say, like, you know,
- 6:05Speaker 3: I learned the bridge of Fear Elise, you know, da-da-da-da-da-da-da-da.
- 6:10Speaker 3: It's difficult to play the bridge, though. And I can
- 6:12Speaker 3: sight-read it. But it took me like multiple Christmases to
- 6:15Speaker 3: do this, holidays. And then I go to YouTube and
- 6:19Speaker 3: see this five-year-old Chinese kid and he's just like playing
- 6:22Speaker 3: Rachmaninoff by ear and switching hands. And I'm like, I
- 6:25Speaker 3: don't think my gift is music. I think I'm, you know,
- 6:30Speaker 3: Chet Holmes, pig-headed discipline. And I learned it with iron will,
- 6:36Speaker 3: but it wasn't coming to me like that kid.
- 6:39Speaker 1: Yeah, yeah.
- 6:40Speaker 2: We all have that natural genius inside of us. And
- 6:43Speaker 2: I really like what you said about everybody has a
- 6:47Speaker 2: unique history, a unique path. And you not only talk
- 6:51Speaker 2: the talk, you walk the walk. In every book I've
- 6:54Speaker 2: read of yours, you're very candid about your personal journey and,
- 6:59Speaker 2: most importantly, your failures. And I think that makes us
- 7:03Speaker 2: the most human. And there's no AI out there that had...
- 7:07Speaker 2: a life story of failures and trials and tribulations. And
- 7:12Speaker 2: I think that is really such a compelling component to
- 7:17Speaker 2: your book. So I can't wait to jump into your book.
- 7:21Speaker 2: Let's talk about the key takeaway number one from your book. Yeah.
- 7:26Speaker 3: So I have this distinction. I just did a workshop
- 7:29Speaker 3: as bonus content. So if you buy the book, I
- 7:32Speaker 3: think you'll have access to this. But There is a diagram,
- 7:35Speaker 3: and I actually put this in Seven Figure Formula, and
- 7:38Speaker 3: the distinction is around gifts and talents. Now, there was
- 7:42Speaker 3: a book by Carol Dweck called Mindset. Her argument is
- 7:45Speaker 3: you either have a growth or fixed mindset. But the
- 7:48Speaker 3: first thing you want to understand is that you are
- 7:51Speaker 3: a razor with many blades. So you have something inside
- 7:55Speaker 3: of you that you do naturally very easily, but you
- 7:58Speaker 3: may not know how to monetize it. So the distinction
- 8:01Speaker 3: between gifts and talents is the way I phrase it.
- 8:04Speaker 3: For me, I played music. I was pretty good academically,
- 8:10Speaker 3: pretty good in sports. But when it came to writing books,
- 8:13Speaker 3: at 10 years old, I was told, hey, you're one
- 8:14Speaker 3: of the best writers we've ever seen come through this school.
- 8:17Speaker 3: And I got that feedback over and over again, to
- 8:19Speaker 3: the point where in my mid-20s, they were saying, well,
- 8:21Speaker 3: your genius is communications. And I would joke and say, well,
- 8:25Speaker 3: am I going to be a bartender or a personal trainer?
- 8:27Speaker 3: What am I going to do with this? That's funny.
- 8:30Speaker 3: My grandma would say, well, If all else fails, you
- 8:32Speaker 3: could always type. You type really fast. I'm like, well,
- 8:35Speaker 3: it's the 90s. It's like 2000s. That's not going to
- 8:38Speaker 3: make you a lot of money now. Like machines can
- 8:40Speaker 3: just type, right? Robots. So distinguishing internally within yourself what
- 8:45Speaker 3: you are most gifted at. And let me give you
- 8:47Speaker 3: an example. Client comes to me. He wants to learn
- 8:49Speaker 3: to do a consulting business. I said, well, what are
- 8:51Speaker 3: you best at? Well, you know, I'm really good at
- 8:53Speaker 3: closing deals, selling IT, doing cybersecurity.
- 8:56Speaker 2: Cool.
- 8:56Speaker 3: What else? It's like, well, oh yeah, I do public speaking.
- 8:59Speaker 2: Oh, nice.
- 8:59Speaker 3: Like, have you done that professionally? Made money?
- 9:01Speaker 2: Oh no.
- 9:01Speaker 3: But I mean, what do you mean you're good at it?
- 9:03Speaker 3: They're like, yeah, well I can just, it's weird. Like
- 9:05Speaker 3: I just get on stage in front of 5,000 people.
- 9:07Speaker 3: Like at our last kickoff, I just got up. I
- 9:09Speaker 3: didn't prepare at all. And I brought down the house
- 9:10Speaker 3: and everyone loved it and said it was genius. So
- 9:14Speaker 3: some people would rather, you know, be in a firing
- 9:17Speaker 3: squad than do public speaking. But this client, it's the
- 9:20Speaker 3: easiest thing in the world. And he's never turned it
- 9:23Speaker 3: up to 11. He's never, put friction against it because
- 9:26Speaker 3: when it comes so easily to you, you don't really
- 9:28Speaker 3: think to push. So we get weirdly attracted to our
- 9:31Speaker 3: talents and things that are hard and we try to
- 9:34Speaker 3: like whittle away at them versus finding the thing that
- 9:37Speaker 3: is innately God-given so easy and then taking that and mastering.
- 9:41Speaker 3: And the last point I'll make is this. It's pretty
- 9:43Speaker 3: easy to be good at things. A lot of people
- 9:44Speaker 3: can sing. A lot of people dance. A lot of
- 9:46Speaker 3: people can sell. But to become elite, top 1%, one
- 9:49Speaker 3: of the best in the world, the best in the world,
- 9:52Speaker 3: at writing, at selling, it's very difficult. It can take 10,
- 9:55Speaker 3: 20 years, 10,000 hours. And so if you're going to
- 9:58Speaker 3: pick something that you want to master effortlessly, it should
- 10:02Speaker 3: fall within that band of your unconscious competence. And there's
- 10:06Speaker 3: like five or six levels of genius from kinesthetic and
- 10:09Speaker 3: sports too. I don't really get into that in the
- 10:11Speaker 3: book because my book is really about helping people monetize
- 10:17Speaker 3: a business skill. because I want to help people make
- 10:19Speaker 3: money too. Like if you're amazing at claymation and you're
- 10:22Speaker 3: going to sit there with clay, it's a long shot.
- 10:24Speaker 3: Like you could get an Academy Award for making clay,
- 10:26Speaker 3: but I don't know if you're going to make a
- 10:28Speaker 3: half million a year doing that. Maybe a few people do. Claymation,
- 10:32Speaker 3: top 1%.
- 10:33Speaker 2: Yeah, yeah, yeah. That's the key point. I think so
- 10:39Speaker 2: many people talk about, oh, follow your passion, follow your
- 10:42Speaker 2: natural genius, but there's no way to... survive off of it.
- 10:47Speaker 2: My grandfather was a genius painter and actually painted in
- 10:52Speaker 2: Montmartre in Paris, you know, with some great artists. And
- 10:57Speaker 2: I said, well, why didn't you follow that passion? He said,
- 11:00Speaker 2: I needed to eat. So, you know, you have to
- 11:04Speaker 2: do that. And I really like what you say. You
- 11:06Speaker 2: talk about these ways to kind of discover them, right?
- 11:09Speaker 2: Like the one gentleman you mentioned, you know, yeah, I'm
- 11:12Speaker 2: good at sales and that sort of thing. but oh yeah,
- 11:15Speaker 2: you know what? I got up on the stage and
- 11:17Speaker 2: everybody told me I was genius. And sometimes it's a
- 11:19Speaker 2: matter of asking others or maybe listening to what other
- 11:22Speaker 2: people say about you. Right, Justin?
- 11:25Speaker 3: Yeah. So that's a, that's a technique in the book
- 11:28Speaker 3: and an exercise in the workshop is, and I basically
- 11:31Speaker 3: loved this in the book business of expertise by David
- 11:34Speaker 3: C Baker. If you haven't interviewed him, it's a great book.
- 11:36Speaker 3: He advises a lot of agencies. He had an exercise there.
- 11:39Speaker 3: It wasn't really formalized, which is to ask five, 10,
- 11:42Speaker 3: 15 people, what is my expertise? Well, I'm saying that
- 11:46Speaker 3: in this book, like ask people, what am I most
- 11:48Speaker 3: gifted at? What do you think I'm a genius at?
- 11:49Speaker 3: And people would joke, you know, somebody like scotch, you know,
- 11:52Speaker 3: like someone would just mess with you. But, you know,
- 11:54Speaker 3: like actually in the early days of LinkedIn, you could
- 11:57Speaker 3: tag people's skills. We call it skill bombing. So you
- 11:59Speaker 3: could be, you know, cat wrangling or, you know, licking frogs.
- 12:02Speaker 3: You could, you could try for some people. I'm never serious.
- 12:05Speaker 3: I have a fun time at all of this. So,
- 12:08Speaker 3: but asking the people closest to you and you're going
- 12:10Speaker 3: to get weird responses. You're so compassionate. You love seeing
- 12:13Speaker 3: other people win. You could ask your kids, your friends,
- 12:17Speaker 3: your neighbors. You could ask business people. Part of what
- 12:20Speaker 3: I'm doing as a coach is I'm translating those qualitative
- 12:23Speaker 3: factors that are kind of oblique, that are kind of
- 12:27Speaker 3: amorphous and going, oh, well, you're extremely disciplined at fitness,
- 12:33Speaker 3: but that turns into like a mental model for mindset coaching. Oh,
- 12:36Speaker 3: that's interesting. Holding people accountable to be more disciplined. Think
- 12:39Speaker 3: of like Jocko Willink and he was like this amazing
- 12:42Speaker 3: Navy SEAL. But then a lot of what I'm tapping
- 12:44Speaker 3: him for is just his mindset of just getting up
- 12:46Speaker 3: at 3 a.m. every day, right? So translating your genius, like,
- 12:52Speaker 3: I mean, I love to eat. Like, you know, I
- 12:54Speaker 3: could have been a food critic because I love to
- 12:56Speaker 3: write and I love to eat. But I don't mean
- 12:58Speaker 3: like quantity. I mean like seeking out interesting foods, right?
- 13:02Speaker 3: Anthony Bourdain style. So, yeah, so that's like the second tool.
- 13:07Speaker 3: I'd say a third tool that's just helpful for this
- 13:10Speaker 3: podcast comes from Naval Ravikant and comes from some Alex
- 13:13Speaker 3: Ramosi videos. And it's called the pyramid of leverage. The
- 13:17Speaker 3: reason I want to bring that up is because in
- 13:20Speaker 3: the pyramid, you have the ability to write code or
- 13:24Speaker 3: the ability to do media, right? Either like, like kind
- 13:28Speaker 3: of like YouTube or writing or, or blogs, podcasts, courses,
- 13:33Speaker 3: that stuff is free. That is sweat equity. It's your time.
- 13:36Speaker 3: So if you don't have capital and you don't have
- 13:39Speaker 3: investors and you haven't raised money, what can you do?
- 13:42Speaker 3: Exactly what Tony's doing, build a podcast like that, which
- 13:45Speaker 3: could lead to clients, which could lead to a book.
- 13:48Speaker 3: So the form factors where we flip it, where it's
- 13:52Speaker 3: like the razors on the blade or the blade and
- 13:56Speaker 3: here are the razors, either way you look at the metaphor,
- 13:58Speaker 3: is okay, now you've isolated what it is. So for me,
- 14:01Speaker 3: it was communications. So that became... I did sales. I
- 14:05Speaker 3: wrote the most comprehensive B2B linguistics model, which I called heuristics.
- 14:11Speaker 3: And there's a book called The Science of Selling by
- 14:14Speaker 3: Dave Hoffeld. So maybe I saw the word there. So
- 14:16Speaker 3: I'd like to credit. I'm big on attribution. Well, then
- 14:19Speaker 3: I took it and I did, you know, 14 books,
- 14:21Speaker 3: 13 in my name. I've done boot camps. I've done courses.
- 14:26Speaker 3: I've done tons of services. So workshops with companies, advising
- 14:31Speaker 3: companies on retainer, advising people one to one. I've trained
- 14:34Speaker 3: sales teams, SDR teams, AE teams. I've helped other people
- 14:38Speaker 3: become coaches, sort of like the dojo model. So that's
- 14:41Speaker 3: explored a lot in the book. It's like, where are
- 14:44Speaker 3: you going to get your leverage now? Well, then you
- 14:46Speaker 3: get enough money that you're making 50 grand a month,
- 14:48Speaker 3: 100 grand a month. You're making millions of dollars. Now
- 14:50Speaker 3: you can afford to hire the coders. Now you can
- 14:53Speaker 3: afford to have a team, even if you arbitrage that team.
- 14:57Speaker 3: So the book really goes deep in that, of like, okay,
- 15:00Speaker 3: now you've identified the skill. Now how will you monetize it?
- 15:04Speaker 3: And there's so many ways to do that. If you
- 15:05Speaker 3: think of like Sandler or Challenger or all these different
- 15:08Speaker 3: training companies that have licensed, you can license out your IP.
- 15:11Speaker 3: So there's a lot of cool models to do that
- 15:13Speaker 3: where you can just fly solo, Tim Ferriss style, four-hour
- 15:16Speaker 3: work week, which is kind of what I've done living overseas.
- 15:20Speaker 2: Yeah, I like how you talk about this pyramid because
- 15:23Speaker 2: it's kind of a pathway that builds upon itself. And
- 15:27Speaker 2: that foundation is understanding what you're really good at, what
- 15:31Speaker 2: your genius is, But then the monetization process kind of
- 15:36Speaker 2: builds upon itself, all based on leverage. And as you indicate,
- 15:40Speaker 2: there are pathways to be able to leverage that. And
- 15:46Speaker 2: it sounds like the first step is really after you've
- 15:49Speaker 2: identified what that genius is and that passion is, it's
- 15:53Speaker 2: really kind of exploring all of the different pathways with
- 15:57Speaker 2: somebody like you, most likely, that can kind of coach
- 15:59Speaker 2: them on, okay, well, based on this kind of genius,
- 16:04Speaker 2: here are the most likely pathways for you that will
- 16:07Speaker 2: incrementally leverage, right? So, you know, because it's got to
- 16:12Speaker 2: be customized to each individual, right? If somebody is really
- 16:15Speaker 2: good at writing books, but they are horrible at speaking,
- 16:19Speaker 2: probably not a good idea to start a podcast. I mean,
- 16:23Speaker 2: you're going to be podcasting into the ether for a
- 16:26Speaker 2: long time. So how do you coach your clients to
- 16:30Speaker 2: kind of really figure out what's that right pathway.
- 16:34Speaker 3: What's funny, my dad used to say the world is
- 16:36Speaker 3: starving for content. And it's very much true. Like you
- 16:38Speaker 3: go on Netflix and you just can't find a movie.
- 16:40Speaker 3: You go on Amazon, you can't find a movie. And
- 16:41Speaker 3: yet there are millions of options. So productizing yourself, productizing
- 16:49Speaker 3: your genius, you first, like there's this great quote, like
- 16:51Speaker 3: the world needs people that come alive. I think it's
- 16:53Speaker 3: like Howard Thurman. I'll have to get the origin of that.
- 16:57Speaker 3: But If you pick a content source that you hate,
- 17:01Speaker 3: it's not going to happen for you. Like Seth Godin
- 17:02Speaker 3: just did blogs and it got massive. Some people just
- 17:05Speaker 3: build these crazy Instagram channels and then you can make
- 17:09Speaker 3: it happen in the DMs. YouTube, some people love YouTube.
- 17:13Speaker 3: It's not my cup of tea. There's a ton of
- 17:15Speaker 3: editing and admin and marketing. So we build these big
- 17:18Speaker 3: course hubs sort of based on Russell Brunson and Expert
- 17:21Speaker 3: Secrets through the Alex Hermosi type way. What I tell
- 17:27Speaker 3: clients is imagine doing something that is media, it's content
- 17:30Speaker 3: you're producing, but you're doing this for a hundred hours.
- 17:34Speaker 3: So is that flying all over the world and giving
- 17:35Speaker 3: speeches in person? Is that blogging? Is that podcasting? Is
- 17:39Speaker 3: it a sub stack? For me, I've spent at least
- 17:43Speaker 3: 50 to a hundred hours on every book. I mean,
- 17:45Speaker 3: it's like thousands of hours promoting and people see that
- 17:48Speaker 3: as like a fate worse than death, but I've helped
- 17:51Speaker 3: dozens of people write books and I've sent a lot
- 17:53Speaker 3: of them to Jeremy Jones to publish them. And he's
- 17:55Speaker 3: a great publisher coach as well, because having that platform,
- 17:59Speaker 3: I think Michael Hyatt wrote this book called Platform. And
- 18:02Speaker 3: I love that idea. And then there's two essays that
- 18:04Speaker 3: everyone should look at, which is A Thousand True Fans,
- 18:07Speaker 3: which came out in 2005. And then Andreessen Horowitz redid
- 18:11Speaker 3: that as A Hundred True Fans. But what's happening in
- 18:14Speaker 3: the long tail of the economy is you can write
- 18:17Speaker 3: a really powerful book and a hundred people or a
- 18:19Speaker 3: thousand people can read it. And you can run a
- 18:22Speaker 3: seven figure consultancy off something that niche.
- 18:26Speaker 2: Yeah, and I like what you're saying here because so
- 18:29Speaker 2: many people, they think they need to rush out and
- 18:33Speaker 2: get some sort of capital injection, whether it's through venture
- 18:36Speaker 2: capital or friends and family, whatever the case might be.
- 18:40Speaker 2: And a lot of what you're talking about is really
- 18:43Speaker 2: something that can scale with time and the right channels.
- 18:49Speaker 2: And it's kind of the classic quote of how did
- 18:52Speaker 2: you get rich? Well, it was really slow in the
- 18:54Speaker 2: beginning and then all of a sudden at the end, right?
- 18:57Speaker 2: Because what you're talking about is something that is exponential
- 19:01Speaker 2: growth where you're spending the time, you're investing the effort
- 19:05Speaker 2: to build those 100 raving fans or those 1,000 raving fans.
- 19:10Speaker 2: And that takes time. Often, often it takes time unless
- 19:14Speaker 2: you already have a massive audience. And those folks, this
- 19:19Speaker 2: fundamentally gets down to business development. And why is business
- 19:23Speaker 2: development different than sales and marketing? Because sales and marketing
- 19:26Speaker 2: are linear. Double the number of ads, you get double
- 19:28Speaker 2: the number of impressions. Pick up the phone, double the
- 19:30Speaker 2: number of calls, you're going to get double the number
- 19:33Speaker 2: of meetings. But if you win customers and those two
- 19:39Speaker 2: or three customers that you pick up become raving fans
- 19:41Speaker 2: of yours, they're going to tell two or three of
- 19:43Speaker 2: their friends. They become raving fans. They tell two or
- 19:47Speaker 2: three and it becomes organic. It's exponential. We've talked about
- 19:52Speaker 2: this before in previous podcasts. And so I think what
- 19:55Speaker 2: you're talking about is something very powerful, but it's also
- 19:59Speaker 2: important to have somebody like you, an independent objective coach
- 20:03Speaker 2: who can say, okay, you know, maybe you need to
- 20:06Speaker 2: tweak your approach a little bit on this channel. You know,
- 20:09Speaker 2: you're not, doing what is necessary, and let me help
- 20:15Speaker 2: guide you. I think the other important thing for folks
- 20:18Speaker 2: that are business developers listening to this, they're thinking, okay, well,
- 20:22Speaker 2: I don't have a side gig. Why is it important
- 20:24Speaker 2: to me as a business developer? Because your power as
- 20:28Speaker 2: a business developer is the network, is your audience. You
- 20:32Speaker 2: take that from day one. You start building your audience
- 20:35Speaker 2: as a business developer. It doesn't matter what job you're in.
- 20:38Speaker 2: Those are trusted relationships you take on for your entire life.
- 20:42Speaker 2: I have somebody I worked with 25 years ago. He
- 20:46Speaker 2: saw LinkedIn posts recently, and his company needed business development support.
- 20:52Speaker 2: He reached out to me after 25 years and said,
- 20:55Speaker 2: so great working with you. I love what you're posting online.
- 20:59Speaker 2: We need help. So it compounds on itself, and it's
- 21:04Speaker 2: so exciting to always have you back on the show, Justin.
- 21:07Speaker 2: talking through some of these really amazing concepts. So let
- 21:11Speaker 2: me kind of summarize the top three things we discussed today.
- 21:14Speaker 2: Number one, find that genius. And, you know, it's something
- 21:19Speaker 2: that you are innately good at. And tactic number two
- 21:24Speaker 2: is how do you pick it? You know, you don't
- 21:27Speaker 2: sit isolated in a room and dream up a lisp
- 21:30Speaker 2: and randomly pick something. Ask your friends, your family, your coworkers,
- 21:34Speaker 2: because your coworkers probably will see things that your family
- 21:37Speaker 2: can't see and really get that diverse view of what
- 21:42Speaker 2: people say about you and have fun with it. Listen
- 21:45Speaker 2: to what they say and write those down. And then
- 21:49Speaker 2: the third thing is really building this pyramid that compounds
- 21:53Speaker 2: upon itself on that foundation of a solid genius to
- 21:57Speaker 2: understand the different pathways that you can start to leverage
- 22:01Speaker 2: And all of those progress over time. And often you
- 22:06Speaker 2: don't need a lot of money to implement what Justin
- 22:10Speaker 2: talked about today. And folks, again, as a reminder, we
- 22:13Speaker 2: talked about Justin's latest book, The New Genius Code. It's
- 22:18Speaker 2: available on Amazon. Grab your copy today. Justin, how can
- 22:23Speaker 2: folks connect with you and follow your work and buy
- 22:27Speaker 2: the rest of the other 12 fantastic books that you have?
- 22:31Speaker 3: Yeah. Yeah, I'm just on Amazon, Justin Michael or LinkedIn.
- 22:35Speaker 3: Justin Michael is the best way to do it. Reviews
- 22:38Speaker 3: save lives. So I appreciate that. And yeah, I appreciate
- 22:41Speaker 3: you supporting, Tony.
- 22:43Speaker 2: Yeah, well, it's always great having you on the podcast, Justin.
- 22:47Speaker 2: And again, congratulations to you and Jeremy for publishing another
- 22:52Speaker 2: fantastic book. I can't wait to have you back on
- 22:55Speaker 2: the show again, Justin, after you publish your next one.
- 22:59Speaker 3: It's coming, man. Yeah, Power of Tales. It's coming soon.
- 23:03Speaker 2: Bring it on. Bring it on. We love it here
- 23:05Speaker 2: at the BD Podcast.
- 23:10Speaker 1: Thank you for listening to the Business Development Podcast. Join
- 23:14Speaker 1: our free community of corporate partners and business development professionals
- 23:18Speaker 1: advancing the art, science, and ethics of the business development
- 23:23Speaker 1: profession at gbdassociation.org.