How do you achieve excellence in any area within a short period of time? The key is through modeling. Modeling is the technique of finding role models who are the best in their field and then studying and distilling the mental models and strategies that make them the best in what they do. By learning and applying their strategies, you will be able to produce the same phenomenal results they do, or maybe even better. While the role model may have taken thirty years of trial and error to find the winning formula and perfect his strategy, you will be able to shorten your learning curve considerably by replicating his winning patterns.
In fact, if you study the most successful people in history, they all employed the power of modeling. They believed in standing upon the shoulders of giants rather than to re-invent the wheel. The Wright Brothers and early flight pioneers got their ideas of aircraft design by modeling the body structure and flight movement of birds. Ancient Chinese monks developed the art of Kung Fu by observing, modeling and imitating the fighting techniques of animals (tiger, monkey, snake and bear) and insects (praying mantis).
The government of Singapore managed to turn a 'dot' on the world map, basically a trading port, into a first world economy with a GDP (Gross Domestic Product) per capita ranked 18th in the World (World Development Report, 1993) in just 28 years! This was achieved by modeling the best practices of countries like Switzerland (governance and banking), Israel (warfare), the United States (Commerce) and the United Kingdom (law and education). As you can see, modeling is not just about copying someone else. It is about distilling the best practices of a whole range of excellent role models, taking the best from each of them and developing an even more powerful strategy.
So if you want to be an excellent investor, who better to model than Warren Buffett, the world's greatest investor? Warren Buffett is currently the second richest man in the world with a personal fortune of $42 billion (second only to Bill Gates $46 billion). The amazing thing about Buffett is that he made all his money without making or selling any kind of product or service. He made it entirely by investing in the stock market. Over the last 49 years, he managed to achieve a 24.7% annual compounding rate of return, which means he made his money double every 2.9 years! How does he achieve this remarkable feat when 97% of professional fund managers cannot even beat the S&P 500 consistently every year? That's exactly what got me so excited to study and model this genius a few years ago.
By reading every single book written about Buffett as well as his own personal writings, I found that the beliefs he has about the stock market and the strategies he uses go completely against what mainstream finance teaches and what professional fund managers do.
If you learn and use the same recipe, you are going to produce the same cake. So, let's get started! Before modeling someone's strategies and techniques, it is first important to understand and model the person's beliefs. A person's beliefs is what drives their decision-making patterns and the actions they take. The reason why Buffett is able to make more money than any other investor in the worlds is because he has very different beliefs about how the stock markets acts and how to buy stocks. If you want to model his success, an important step would be to adopt his beliefs and strategies.
The Worlds Greatest Athlete
And what is your job search, after all, if not a marketing campaign?
The product is YOU. The audience is the person or people you're hoping will make you a job offer. They also have desires, needs and expectations about the person they will ultimately hire. And your task is to get them to believe you're the perfect product for them.
Apply these same time-tested marketing techniques used by the world's most successful companies, and your "career marketing campaign" will be just as powerful and rewarding.
1. Identify your objective. Before you launch any campaign, you have to be clear about what you want to accomplish. If yours is "get a job," you've got some work to do. Be as specific as possible. Precisely what job? At what salary? Working for which department? Is there a division, group or supervisor you'd especially like to work with? By being crystal clear about your objective, you can measure every step you take against it. Everything you do, from the way you craft your resume to the way you dress in your interview to the answers you provide to questions should always be moving you closer to your objective.
2. Know your audience. So just who is this person you're going to convince to "buy" you? You had better know more than a name. How old are they? How long have they been with the company? Are they casual or formal, liberal or conservative? How long have they worked in their industry? Where did they work in the past? Are they on the rise in their career, or on the decline? And what about the company itself? How well do you understand the culture, the current business environment, their position in the marketplace? The more you know about the person or people doing the buying, the better your chance of making a meaningful connection with them. How do you find out? Ask. Engage them in conversation, or casually ask a few questions of an assistant. Google them. Ask others in the same industry. Become a detective, and you just might uncover the clue that will get you one step closer to success.
3. Understand their needs. One of the great paradoxes of success is, in order to get what you want, you have to give someone else what they want. How can you do that if you don't know what that is? If you've already gained an understanding of the people you'll be interfacing with, you're halfway there. Now you have to probe deeper. What qualities are they looking for in a new employee? What are their specific needs? Not just the job description, but from their personal point of view. What is their "pain?" In other words, what problem are they trying to solve or avoid in this hiring process? What is their hope? Interviewers often ask job candidates where they'd like to be in five years. Why don't you try and discover the same thing? Where would they like to be in five years ? and how can you help them get there? The more you understand the needs of your "audience," the better you can position yourself and the qualities you bring to the table as the answer to their prayers.
4. Create your campaign. Here's where it gets fun and interesting, and where all your research pays off. Just as if you were putting together a puzzle, you can now take the information you've gathered and craft a meaningful, persuasive, memorable "campaign" to sell your audience on YOU. Remember, your message begins with your very first communication and continues at every subsequent encounter. Consider carefully what you say, how you say it, how you look, your attitude and tone of voice, your energy level. Every single element should be chosen consciously to be appealing and valuable to your audience, and move you closer to your objective ? that dream job!
Here's a fact you, as a personal career marketer, must always remember: you will never land your ideal job unless you can convince someone to give it to you.
By carefully choosing each step you take, you will make that all important connection. Then you and your "audience" will come out winners!
Both Adam Khoo & Keith Harmeyer are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Adam Khoo has sinced written about articles on various topics from Recreation and Sports, Web Development and Computers and The Internet. Adam Khoo is an entrepreneur, best-selling author and a self-made millionaire by the age of 26. Discover his million dollar secrets and claim your FREE bonus report 'Get Out Of The Rat Race Now' at. Adam Khoo's top article generates over 90500 views. to your Favourites.
Keith Harmeyer has sinced written about articles on various topics from SEO Articles, Business and Finance and Public Speaking. Keith Harmeyer is EVP of Marketing and Creative Services at C2 Creative in New York City. He is a marketing, communication and presentation skills expert, author, speaker and creator of The SuperSkill, a proven method for using traditional marketing techn. Keith Harmeyer's top article generates over 5400 views. to your Favourites.
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