P.T. Barnum Got a Bum Rap For This…
I once met with a businessman who wanted my help to grow his financial planning business.
I passed…
…not just because his services seemed shady…
…but also (and primarily) because he kept referring to his prospects and customers as “suckers.”
P.T. Barnum often gets the credit (or the rap?) for saying, “There’s a sucker born every minute.”
That’s a shame for Barnum because there’s no evidence he actually said that, and there’s tons of evidence he didn’t believe that.
The quote unfairly associates Barnum with the liars and cheaters who like to build businesses on the back of “suckers.”
Yes, Barnum was a showman and master promoter. (He launched “The Greatest Show on Earth” on this day in 1873).
But for Barnum, advertising was NOT a way to find suckers and fool them.
Advertising was a way to “let the fact be known…” that you have a “good article for sale.”
Note that phrase “good article.”
In his book, “The Art of Money-Getting,” Barnum says, “You may advertise a spurious article, and induce many people to call and buy it once, but they will denounce you as an impostor and swindler, and your business will gradually die out and leave you poor.”
Amen, P.T. Barnum.
He continues…
…if you have a good and genuine article for sale, you must advertise relentlessly.
“…advertising is like learning—‘a little is a dangerous thing!’” Barnum writes. “So a man who advertises at all must keep it up until the public know who and what he is, and what his business is.”
Why am I sharing this?
Because I suspect you don’t want to be associated with the liars and cheaters who like to build businesses on the back of “suckers.”
For every businessperson I meet who chase “suckers,” I meet countless others who offer “genuine” products and services…
…but fear they come off as hucksters and pests if they market too much.
Do as Barnum says, and you’ll be fine.
Promote your product/service honestly. Do so regularly.
When you do this, you offer prospects something that will help them. You reach out your hand and lead them forward.
This isn’t something to be ashamed of. This is something to celebrate.
All of this reminds me of The Story Power Profit Pack (Pointer #30) in which I say you don’t have to trick prospects and treat prospects like suckers to sell:
“You don’t have to trick people into consuming your content… When you trick a prospect to engage, it often burns you in the end. You eventually end up with an angry ex-prospect who has discovered the truth or a customer who’s a bad fit and will be more trouble than they’re worth.”
Speaking of the Profit Pack…
It’s the most popular of my genuine products. It contains 52 strategies, tips, and tactics to transform your content from ignored to adored…
…and you can get it here.
Don't go away yet..
p.s. Coaches, authors, and consultants hire me to power-up their creative content and storytelling to captivate prospects, stand-out and book more business.
Whenever you're ready, here are several ways I can help you become a storytelling stand-out so you'll land more clients without pitching and prodding:
1) Get the Story Power Profit Pack -- 52 Strategies, Tips, and Tactics to Transform Your Content from Ignored to Adored.
2) Watch the free, 7-minute Micro-Training: “The 3 Most Important Storytelling Keys to Captivate Prospects and Inspire Them to Act -- Without Pitching and Prodding.”
3) Become a Story Power VIP: Master how to discover, assemble, and deliver business-building stories. Twice-monthly live masterclasses. Members-only content. One-on-one feedback and consulting sessions. And more… If you'd like to learn more about our VIP program, just reply to this email and put "Story Power VIP" in the subject line. I’ll contact you with more details.
4) Work with me one-on-one: If you’re interested in working directly with me -- to discover, assemble, and deliver powerful, business-building stories -- simply reply to this email and change the subject line to "Private Client." Tell me a little about yourself, your business, and what you'd like to accomplish, and I'll reply to discuss options.
5) Invite me to speak at an event: I can tailor a presentation that meets the specific needs of your organization. Informative. Entertaining. Virtual or live. Potential for continuing education credits when applicable for your group. If interested, reply to this email and change the subject line to “Speaking Engagement.” I’ll circle back to discuss the possibilities.
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