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 INSIGHTS & JOY

A business newsletter with Pizzazz!

"We help leaders become better marketers
using a holistic business approach!"

April 2006

Making your footprints in the sands of time...

 


Last Saturday evening, I was privileged to attend the Sales and Marketing Executives International Academy of Achievement Hall of Fame dinner in Dallas. The honoree's comments were inspiring and I couldn't resist making a few quick notes so that I might share some of their thoughts with you. The first third of this year is now history. What shall we do during the remaining eight months? Peter Legge advised Saturday's SMEI attendees to "look inside and you will find just what you can do." That is good advice, I think.  

    
 
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IN THIS ISSUE

Listen to free enterprise achievers

Smiles make the day!

$ Million Marketing Tips

Ten common irritants to avoid

Marketing Facets - The Market Focused Guide to Company Analysis

Listen to free enterprise achievers

Last Saturday evening, I was privileged to attend the Sales and Marketing Executives International Academy of Achievement Hall of Fame dinner in Dallas. SMEI recognizes notable lifetime contributions to the free enterprise system through personal and corporate success in sales and marketing. Honorees reflect ethical standards, professionalism, leadership, and excellence.

The honorees offered some passionate words about the values they hold and today's changing business environment. I couldn't resist making a few quick notes so that I might share some of their thoughts with you. Those entering the SMEI Hall of Fame admitted that they set higher standards for themselves, their firms, and their associates. People, they agreed, were the heart and soul of the business. Maxine Clark, if fact, founded Build-A-Bear so that she could build a company with a heart and soul. Now, her teddy bear shops are popping up everywhere!

Everything is changing, they agreed, and it is important to recognize the advantages of bringing youth into an organization to help keep up with the reality of change. Several use college interns to great advantage, turning part-time interns into full-time employees after graduation. Fully one-third of Dr. Kurtenbach's Daktronics workforce is comprised of interns. He works closely with the local college to select students for jobs throughout his large format visual communications firm.

Another focus appeared to be on international opportunities. Most of the honorees have international reach, and they see free enterprise accelerating in much of the world. Mark Dixon and The Regus Group now operates professional business centers in 60 countries. Anheuser-Busch is ubiquitous in the global marketplace.

Peter Legge, an internationally acclaimed speaker and author, made the keynote address on Saturday. He stressed the idea that "the responsibility is yours." His question to us was, "when you are called to account, what did you do with the time, the talents, and the opportunities granted you?" I can tell you, the silence that followed his question gave hundreds of us a moment of sober reflection. Continuing his upbeat presentation, Mr. Legge said, "When your passion combines with your talents and gifts, you become unstoppable!" Wow!

Mr. Legge talked about the American bald eagle. The eagle embodies three vital attributes, vision, daring, and courage. He suggested, therefore, that the eagle is a good symbol for the entrepreneur in our free enterprise system. Success comes to those who have the vision to see opportunity, the daring to plan a course of action, and the courage to implement the plan and persist until successful. Again stressing personal responsibility, Peter Legge concluded by advising us to "look inside and you will find just what you can do."

This year, the six honorees were:
Stephen Burrows, CEO and President, Anheuser-Busch International, Inc., St. Louis;
Maxine Clark, Founder and Chief Executive, Bear of Build-A-Bear Workshop, St. Louis;
Mark Dixon, Founder and Chief Executive, The Regus Group, London;
Dr. Aelred Kurtenbach, Founder and Chairman, Daktronics, Brookings SD;
Scott Walker, Chairman and CEO, BillMatrix Corp., Dallas; and
Peter Legge, CEO and President, Canada Wide Magazines & Communications, Burnaby, BC.

You can learn more about SMEI's Academy of Achievement at www.academyofachievement.org.


Smiles make the day!   
People...

No matter what you do, someone always knew you would.

A first-class mistake is to treat anyone as a second-class person.

People are funny. They spend money they don't have to buy things they don't need to impress people they don't like!

The only time some people don't interrupt is when you are praising them.

There are two kinds of people: those who think there are two kinds of people, and those who think it's not that simple.

People who say they don't get all they deserve probably don't know how lucky they are!

Most people are willing to change, not because they see the light, but because they feel the heat.

Some people look ahead, many look back, but most look confused.

It's easier to pull your weight when you quit dragging your feet!

People are funny. They want to be at the front of the line, in the back of the church, and in the middle of the road.

Most people like the good old days best...they were younger then!


$ Million Marketing Tips

TIP: Can you tell clients, in one compelling sentence, why they should buy from you instead of your competitors? Work on it!

TIP: In many cases, you must create the market, overcome apathy or inertia and get customers to act. If you are first to spur action, you get the business.


Ten common irritants to avoid

1. Drivers talking on cell phones
 
2. Junk mail disguised as personal or government mail
 
3. Friends who want to know why you need to stop at the drug store
 
4. Doctors who keep you waiting and waiting
 
5. Trucks and SUVs too large to see through or around
 
6. Everyone skinnier or younger than you
 
7. People in their 30s and 40s who call you "Sir" or "Ma'am"
 
8. Friends who watch TV while they talk with you
 
9. People who can eat like pigs and not gain weight
 
10. People who complain about how long it takes their hair to dry because it's so thick
 

Marketing Facets - The Market-focused Guide to Company Analysis

Marketing Facets - The Market-focused Guide to Company Analysis. Marketing Facets is a practical resource for those involved in determining the current health of a company and gauging its future prospects. I designed my 103-page guidebook to be a supplement to other evaluation procedures and information normally gathered during a thorough due diligence or
business valuation process. The workbook takes a holistic approach, assembling facts and management assumptions in key areas to help analysts form and support conclusions. 

Marketing Facets is a valuable resource to private investment fund managers, individual investors, venture capital specialists, investment banks, and valuation specialists. Marketing Facets can also serve as a guide for C-level executives who wish to perform their own company analysis as part of normal business planning, or in advance of efforts to refinance, acquire or divest.

Marketing Facets is available in electronic form via the Internet, on CD/ROM, or in print with a ring binder. 
> Electronic in MS Word .doc or Adobe .pdf format via the Internet @ $79.95
> CD/ROM format @ $85.95 including U.S. shipping and handling
> Ring binder version and CD/ROM combo @ $99.95 including U.S. shipping and handling

Consulting is also available. Please contact me for additional information.
Telephone: 972.931.7993  Fax 972.931.0542
  rpmorgan@morganmarketingsolutions.com.
 


P.S. Ninety-five percent of our engagements originate as a referral from helpful people like you! If you know someone who:

> Wants to develop a more productive marketing program, or
> Needs help building and implementing an effective operational business plan,

I would appreciate the opportunity to discuss the situation with you.

Our ideal client is a business owner or CEO between 30 and 60+ years old. Usually with a financial, engineering, or production background.
Who is often impatient, and interested in improving company performance.
Comes alive
when you ask, "How's business?" He, or she, is practical
but also enjoys the finer things in life. So, you may see my ideal client driving a Lexus or SUV to Neiman Marcus...and to Sam's Club.
Who do you know that fits this description?

A client speaks:  "The implementation guide will be very useful to use as a check-off as your recommendations are acted upon. Some recommendations have been thought about in the past and no action taken for various reasons. With your review, I have been rethinking my positions and will act! The most important issues are those that will 'free up' some of my time to be used in the C store operations and in greater sales efforts."  John D., Dumas, Texas

 

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©2006 Morgan Marketing Solutions, Inc. All rights reserved. Other distribution permitted with proper attribution.


Richard P. Morgan CMC
Morgan Marketing Solutions, Inc.
Two Galleria Tower, Suite 10008
13455 Noel Road, Dallas, TX 75240-6620

Telephone 972.931.7993  fax 972.931.0542
email
rpmorgan@morganmarketingsolutions.com
www.morganmarketingsolutions.com

Author, Marketing Facets - The Market-focused Guide to Company Analysis
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