5 of 5 people found the following review helpful:
5.0 out of 5 stars
Should you buy a book of testimonials? Yes - you should, November 4, 2008
This review is from: Industry Transformers (Paperback)
I got this book during my first year of being a participant in "The Strategic Coach" Program.
So let me start out by saying that I've Drunk the Kool-Aid - and I'm a fan of Dan Sullivan's Strategic Coach Program. Beyond being a fan, I've benefited greatly from what I've learned in the Strategic Coach program, and Dan Sullivan's books and audio programs.
"Industry Transformers" profiles several individuals who have truly transformed their businesses. The book is basically an interview format, and by reading the interviews, one can gain insight and inspiration; along with action ideas to transform your business.
Author and markeitng guru Dan Kennedy says that books are crumby products; but excellent sales letters. In some respects, Industry Transformers is a collection of Dan Sullivan's and the Strategic Coach's best performing clients; and these are testimonials of the clients success applying the principles and methods outlined in Dan Sullivan's programs.
But that said; These people truly have transformed their businesses and industries; and these success stories are full of clues and ideas that will help almost anyone's business.
I learned a lot from this book - and I believe that by reading case studies of successful people, one gains insight and inspiration to change one's own business.
I recommend this book, I read it in one long evening; I was so inspired by the stories I couldn't put it down.
Recommended highly.
Help other customers find the most helpful reviews
Was this review helpful to you? Yes
No
4 of 4 people found the following review helpful:
5.0 out of 5 stars
8 ways to write your own ticket as an entrepreneur, September 20, 2010
This review is from: Industry Transformers (Paperback)
Author Dan Sullivan interviews 8 highly successful entrepreneurs, each of whom has created a "Unique Process" for their companies.
A Unique Process lets entrepreneurs deliver their skills and experience in distinction ways. They can:
* differentiate themselves from competitors and avoid commoditization;
* establish profitable, unbreakable relationships with clients; and
* charge more, while continually developing proprietary "intellectual capital" to sell.
All of which makes for a virtuous circle.
There are 8 ingredients that transform unique-process entrepreneurs into industry transformers. Any one of these can transform your business:
Ingredient #1: Overcoming Adversity
They treat their uncertainty, anxiety and fear as fuel for personal achievement. They treat shortcomings and shortfalls as opportunities to grow. They treat obstacles as opportunities to change their thinking and methods. And they treat failures, breakdowns, and setbacks as opportunities to learn and improve.
Ingredient #2: Passion
Successful entrepreneurs realize their greatest satisfaction comes from seeing other people succeed as a result of their wisdom and skill. Also, their greatest purpose lies in creating new capabilities of their own to make themselves of even greater use to their clients and the world at large.
Ingredient #3: Differentiation
You can differentiate your business by first understanding that the problem is never the problem (in Sullivan's words). In other words, customers never really want to buy your widget, purchase your technology or sign up for your class. What they want is peace of mind before and satisfaction after you make the sale. Beyond that, customers want greater enjoyment, satisfaction, and excitement in their lives. It's your job to give it to them.
Ingredient #4: Value Creation
Successful entrepreneurs follow the value-creation formula LRC, which stands for Leadership, Relationship, and Creativity.
* With leadership, you are giving clients a clear sense of direction in a world of confusing choices.
* With relationship, you provide the confidence your clients need to make important decisions. In a sense, you are holding their hand under difficult circumstances.
* With creativity, you continually find new ways to meet the needs and desires of your clients.
Ingredient #5: Transformation
Whether they say so or not, many of your clients want to transform their lives. They don't just want a new widget or gadget. They want dramatic change -- they want to become new, better, different people. When you are the only one who understands your clients' deepest desires and you deliver something that meets those desires, you help transform them.
Ingredient #6: Bypass
There's no need to worry about competitors when you can go around them. Entrepreneurs who bypass the competition spend little energy and time worrying about how "everybody" does it in their industry. Instead, continually innovate new ways to achieve extraordinary results. They define and meet the client's needs in ways that competitors don't. So, they have no competition.
Ingredient #7: Intellectual Capital
It's not enough to have creative, new ideas. You have to capture, package, and sell them so that others can use them and the marketplace knows where those ideas came from. Your packaged creativity creates intellectual capital that sets your business part, while creating new revenue streams. Another virtuous circle.
Ingredient #8: Monopoly
The full term is a value creation monopoly. It's defined as the permanent and practical ownership of a market niche that no competitor can comprehend or duplicate. It's the final ingredient and happens when you do everything else correctly, using your unique process to dominate your marketplace.
Highly recommended.
Help other customers find the most helpful reviews
Was this review helpful to you? Yes
No
3 of 3 people found the following review helpful:
5.0 out of 5 stars
Pure Genius, June 28, 2008
This review is from: Industry Transformers (Paperback)
I can confidently say this is the most profound book I have read on the subject of entrepreneurship PERIOD!
The book is eight interviews with clients of 'The Strategic Coach' program who have completely transformed the playing fields in their industries. Dan Sullivan has put these interviews conveniently into eight sections that define industry transformers and provided his extremely unique and valuable commentary at the start of each section.
It's extremely profound to read about these entrepreneurs who are in industries such as carpet cleaning, accounting, mortgage brokering etc. which a lot of people would consider boring industries, completely transform them into extremely interesting and fun businesses.
Another insight I got from the book is how entrepreneurship can change the world. These entrepreneurs aren't in the game just to make money for themselves but they are actually changing the world and when you read the interviews, you really understand that fact on a deep and profound level.
This book isn't just about changing industries, it's also a journey that allows a person to become the best person that they can through entrepreneurship.
Paraphrasing one of the interviewees "The Strategic Coach is an eco-system for personal development." I completely agree with this statement and I would strongly urge you to purchase this book.
Help other customers find the most helpful reviews
Was this review helpful to you? Yes
No