Marketing Isn't About Closing A Sale, It's About Opening A Relationship with Mike Kim: An EOFire Classic from 2021

6 Jul 2024 · 26 min

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Podcast Episode Summary: Marketing Isn't About Closing A Sale, It's About Opening A Relationship with Mike Kim

Podcast Overview Podcast Title: Entrepreneurs on Fire Host: John Lee Dumas Episode Title: Marketing Isn't About Closing A Sale, It's About Opening A Relationship Guest: Mike Kim Original Release: 2021 (Classic Episode) Description: Mike Kim, a strategist for personal brands, discusses the importance of building relationships in marketing. He emphasizes personal branding through storytelling and self-awareness.

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Key Takeaways

Introduction to Personal Branding

  • Marketing Philosophy: Marketing is not merely about closing sales, but about cultivating relationships.
  • Personal Brand Strategy: Mike Kim has consulted for influential thought leaders and emphasizes the importance of recognizing one's own inherent skills rather than defining oneself solely through a job title.

Value Bombs

  1. Self-Perception: Entrepreneurs often see themselves through their organizations or jobs instead of recognizing their own skills.
  2. Empathy in Selling: To market effectively, become the person you're trying to sell to. This process reveals both strengths and weaknesses.
  3. Storytelling: Share three pivotal stories to connect with your audience:
  4. Founding Story: How you got into the industry.
  5. Business Story: The journey of how your company started.
  6. Customer Story: Client testimonials and experiences.

Building a Campfire Around Your Brand

  • Campfire Analogy: Ask if what you’re sharing is warm and inviting like a campfire, encouraging community and exchange of ideas.
  • Unique Identity: Avoid being a "pale imitation." Strive to showcase your unique experiences and skills.

Identifying Unique Skills

  • Reflection Exercise: List your previous jobs and skills, focusing on actions and contributions rather than job titles.
  • Core Questions: Reflect on what frustrates you, what breaks your heart, and what problems you want to solve.

The Power of Personal Stories

  • Using Stories to Stand Out: Incorporate personal stories in marketing to avoid being "blender gray"—a metaphor for unoriginality in branding.
  • Structure of Stories: Flip the traditional narrative structure to start with the inciting incident, making the story more engaging.

Audience Engagement Strategies

  • Authenticity vs. Oversharing: Strive for authenticity without oversharing struggles. Focus on solutions rather than problems.
  • Transformation Journey: Identify who you need to become to serve your audience effectively.

Marketing Framework

  • Book Recommendation: Mike Kim's book, *You Are the Brand*, presents an 8-step framework for building a cohesive personal brand.
  • Avoid Random Acts of Marketing: Integrate various marketing strategies into a cohesive approach rather than disparate efforts.

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Conclusion Mike Kim's insights underline the significance of storytelling and self-discovery in building a personal brand. By focusing on relationships rather than mere sales, entrepreneurs can create a more authentic and engaging brand presence.

Additional Resources

  • Book: *You Are The Brand* by Mike Kim

[Link to Purchase](https://www.youarethebrandbook.com/)

  • Podcast Website: [Entrepreneurs on Fire](http://eofire.com)

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Final Thoughts Fire Nation, the journey towards building a meaningful brand begins with self-awareness and authentic storytelling. Consider the questions posed by Mike Kim to uncover your own unique narrative and build a campfire that others will want to gather around.

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Transcript

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0:01Boom! Shake the room, Fire Nation. JLD here and welcome to Entrepreneurs on Fire. are brought to you by the HubSpot Podcast Network, the audio destination for business professionals with great shows like Gold Digger Podcast. Today, we're pulling a classic episode from the archives, and we'll be breaking down how marketing isn't about closing a sale. It's about opening a relationship. To drop these value bombs, I brought Mike Kim into EO Fire Studios. Mike is a strategist for personal brands. He's consulted for thought leaders like John Maxwell and Donald Miller. He is the author of the book, You Are the Brand.

0:34In today's foundation, we'll talk about your relationship, becoming the person you're trying to sell to people, sharing three simple stories that lead to an insightful incident. There's a lot of cool stuff here and oh, so much more. And a big thank you for sponsoring today's episode goes to Mike and our sponsors. Nudge, hosted by Phil Agnew, is brought to you by the HubSpot Podcast Network, the audio destination for business professionals. Ever notice how the smallest changes can have the biggest impact? On Nudge, you learn simple evidence-backed tips to help you kick bad habits, get a raise and grow a business.

1:05Oh, and it's the UK's fast growing business podcast. A recent episode on how to win any argument shares decade long research into persuasion from a world leading neuroscientist. Listen to Nudge wherever you get your podcasts. Mike, say what's up to Fire Nation and share something that you believe about becoming successful that most people disagree with. What is up, Fire Nation? It is awesome to be with you. JLD, here's what I think. Life is short, but it's the longest thing you ever do. So spend more time with loved ones, eat great food, never pass up a great adventure. That's what I truly believe about living a successful life.

1:46You know, you've been on some adventures over the past few years, brother. One of them took you to Puerto Rico and, you know, some of them have taken you to other parts of the world as well. So you are definitely living and breathing that, which I think is super cool. And we're going to be diving deep into why you, Fire Nation, are a brand. And, you know, as I teased in the bullet points, we're going to be going through a lot of different things for you as an individual need to know to build your brand the right way. So let's just dive right in because, Mike, I want to know what should Fire Nation do first?

2:21Not second, not 10th, not 25th. What should we do first when we're building our own personal brand? You ask yourself this question and JLD, this is so appropriate for the show. it's an analogy that I use. Ask yourself, can I build a campfire around it? And what I mean by that, is it warm? Is what you're sharing online encouraging? Is it life-giving? Is it a light in the darkness? Is it a place where stories can be exchanged? Is it a place where community can be formed? That's exactly what you've done with Fire Nation. It's what so many of your colleagues and friends have done. They've shared themselves, shared their ideas, their expertise, their reputation, their personality in a way that is attractive to people, in a way that is holding space for people.

3:13And it's a place where people can form these communities. It's why you have Podcasters Paradise. It's why you have the crew down in Puerto Rico. That's really the first step. Ask yourself that question and use it as a litmus test. Well, I do love that phrase, building a campfire around it. I mean, one thing that I always talk to my audience about is finding your zone of fire because it's so critical that you have that passion, that you are bringing value to the world. There's enthusiasm as well as expertise and it feels warm and it feels right and it feels exciting. And I love that vision of the campfire.

3:49I mean, that's just one thing that we as humans will always be drawn towards. Like when it's dark out and there's a fire, we want to get close to that fire. We want to sit around it. We want to look into it. We want to roast marshmallows. We want to have conversations. And how can you, Fire Nation, feel that way around the brand that you're building for yourself? But one thing I still find people struggle with, Mike, and this is what I want to move into next is actually identifying the skills and experiences that we as individuals have that we can then go ahead and turn into a business that we can then go ahead and build a campfire around.

4:25A lot of people are doing what I like to say, becoming a pale imitation of other individuals. And then they wonder why they're not succeeding because nobody wants a pale imitation of somebody else. They want the unique, special version of you. They want your campfire that is unique, that is solving a massive pain point that they have. So how can we identify those skills and experiences, Mike, that we can then turn into a business? This is what I did, and I don't know how I stumbled upon this exercise. I think it was just out of frustration years ago when I started out. I looked at all the different jobs I had.

5:04I used to teach SATs to high school students. I don't know if you even knew that. No, I didn't. I worked at Chase Mellon Investor Services, working their phones. I did a semester of telemarketing between college semesters. I worked as the music director of a church, and I was the CMO of a company. And one day, JLD, I wrote down everything I did at these jobs, not just what was on the job description, but literally everything I did. Did I mentor people? Did I mentor young teachers? Did I talk my CEO off the cliff a few times? Did I work with volunteers? Did I speak from stage? Certainly, did I do all these things?

5:38So I wrote these things down and I wrote down, you know, I spoke at the stage and I, you know, performed music and I hosted conferences and I mentored people and I sold products at, you know, that job. And then I took my pen and I crossed out the end of every sentence. And instead of saying I spoke at church or I led music teams or recruited volunteers there, it just said, I spoke and I marketed and I hosted conferences and I mentored and I coached. And bro, I tell you, when I looked at that list staring back at me, it was like I saw myself for the first time. Because for so many of us, regardless of where you are on your entrepreneurial journey listening in right now, we tend to see ourselves first through the lens of the organization or occupation that we work for rather than really seeing that those skills are inherent to us.

6:29So I want to encourage you, even if you've been in the entrepreneurial journey for a while, look at what you're still doing every day and ask yourself, list those things out and ask yourself, should I be doing these things? And then start to cross them out and you'll see yourself and how you're spending your time in a completely new light. So Fire Nation, I really hope that you're putting yourself in these scenarios that Mike's talking through and trying to picture like, what would my list look like? Like what would my list of attributes look like that might light me up that might be my campfire?

6:59And Mike, here at Fire Nation, we love personal examples. So give us some personal, realistic, and specific examples of how you personally have helped brands, how you've helped businesses, how you've helped leaders find clarity in their messaging. Let's really give some case studies here. Yeah. So here's the little framework that I ask every client that I work with. And I've been privileged to work with some very, very well-known clients in the industry, my industry, with John Maxwell, Donald Miller, Daniel, Eamon. And whether it's them or people starting out, ask them these three questions. Number one, what pisses you off?

7:40I'm from Jersey, so I'm a little salty. Number two, what breaks your heart? And number three, what's the big problem you're trying to solve? And oftentimes, we don't know the answers to one or more of these questions. So a really good example of this would be with a young lady that came to one of my workshops. Her name was Courtney. and I was asking her these questions. I said, what's the big problem you want to solve? And she said, well, I want to help people kind of rearrange things inside their home because I've studied this electric meter and it gives off this low level radiation and I want to help them kind of understand how to reconfigure their diet, their home, the energy in their home, the way their space is laid out.

8:25And it didn't really have any context. So when I went into the other two questions, well, what really ticks you off and what really breaks your heart? I was getting to the core of her message, and she started JLD to tell me a story. And this is for you, Fire Nation. It's like your story frames the context for the content that you're sharing. And she began to open up and tell me, well, I moved 10 times in 10 years because we're a military family. And I noticed my young kids were getting headaches all of a sudden in these random homes that we lived in, and for no reason, couldn't figure out what was going on.

8:58So I did some research, dug into this. And then what broke my heart was I realized that some of these appliances are giving off low-level radiation and they're pretty harmful, especially if your head is leaning towards or your bed is pointing towards this electric meter in your house. And I was like, wait, what? And JLD, I tell you, within three minutes of her telling me this story, I understood why she did what she did and what drove her. That is a really simple example of how just having a story and asking yourself the answer to these questions can frame the marketing, not just for your entire brand, but even for individual products or services or coaching programs.

9:41And the fact that I can even reverse engineer your story for Podcasters Paradise and Entrepreneurs on Fire using those three questions shows why you have such clarity. I can even picture you driving to work and looking for a podcast daily. And you've shared that story so brilliantly. Well, what pissed you off? There wasn't an entrepreneurial show daily. What broke your heart? You hated going to work and not feeling like your soul was being fed. So what's the big problem you're trying to solve? You decided to do something about it. And here we are all these years later and look at what you built.

10:17Fire Nation, we all have stories. We all have stories. You cannot live life without stories. And that's why I love when I share with this to people, like, why do we love history? Not like we love like the history and like going, you know, back and like studying all the wars. And I'm not talking about that kind of history. I'm talking about like the history of us, the history of humankind and why is his story broken up into history? It's his story. It's her story. It's your story, Fire Nation. We all have stories. So ask yourself these questions that Mike is talking about. You may be shocked at what you uncover.

10:57And we have some more fire coming up as soon as we get back from thinking our sponsors. Welcome to the world of entrepreneurship. More things added to your to-do list every day and less time to accomplish the things that matter most. Add to all that the number of tools it takes to run your coaching programs, online courses, growing team, and your physical product sales, and you've really got your hands full. Doing business has never felt harder. But what if there was a way to simplify everything, a way to manage your entire business with a single platform? Sounds like you'll need a miracle to make it happen, doesn't it?

11:31Well, I'm here to tell you that you don't need a miracle to hit your goals you just need HubSpot. HubSpot's all-on-one customer platform can make growing your business infinitely easier. Imagine this, a platform that gives you high quality leads, helps you close deals faster, and one that promotes customer loyalty and happiness. And if you're looking for record-breaking quarters, those are just ahead too. It's not a miracle, it's HubSpot. Visit HubSpot.com to get started today. Entrepreneurs on Fire is sponsored by Better help. As entrepreneurs, the comparison game is real and we've all experienced it to some degree, whether it's comparing your recent launch to someone else's or second guessing your team set up because another business owner said having more employees is better.

12:15There's one truth. Comparison is the thief of joy. Not sure how to get out of the cycle of comparing your business to others? Well, therapy can help you focus on how you want to run your business versus how others say you should be doing it. Therapy can actually be helpful in a number of ways. It can help you learn positive coping skills, how to set boundaries, and help empower you to start being the best version of yourself. And all of these skills are so important when it comes to running a business. So if you're thinking about starting therapy, give BetterHelp a try. It's convenient, flexible, and all online.

12:47Just fill out a brief questionnaire to get matched with a licensed therapist. Stop comparing and start focusing with BetterHelp. Visit betterhelp.com slash fire today to get 10 % off your first month. That's betterhelp.com slash fire. So Mike, we're back and I love a good challenge. You love a good challenge. And in fact, you like to challenge people straight up to become the person that they are trying to become and that they're trying to sell with their brand online and build that campfire that we've been talking about all episode around what it is that they share. So we talked a little bit about this, but let's even go deeper here.

13:34Let's really break down this campfire. Let's really throw this challenge out to Fire Nation, this gauntlet that you want to plant in the sand. People do it one of two ways. And of course, over the last couple of years, we've seen the rise of image when it comes to personal branding because of very visual platforms like Instagram and YouTube. And oftentimes people will ask me, well, what's a personal brand? We all know branding is about identity. It started with farmers branding, using an iron to identify their cattle. And in the course of just researching for my upcoming book and for the various programs that I've done, I came across this guy named Josiah Wedgwood.

14:13He was born in the 1700s and he was an English potter and he won this pottery competition held by Queen Charlotte. And in a brilliant move, he's like the father of modern marketing. He called all his pottery after that Queensware. And he's actually the person that pioneered these ideas of money back guarantees and free delivery. Now, whether it has to do with cattle or with pottery or our personal brands, branding has always been about identity. And when we look at a personal brand, And what I mean by that is it's a composite of your ideas, your expertise, your reputation, your personality. Unfortunately, for a lot of folks out there, they go one of two ways.

14:55The first way, first group of people is they sell a false version of themselves. And I'm going to give an extreme example, but we've seen people do this and we've been suspect at times where people will rent a mansion on Airbnb, for example, stage a photo shoot and imply that it's their house. They won't say it, but they'll imply it. And these folks don't realize that attention isn't owed. It's earned. Like, dude, I know you have earned every bit of fanfare. And you started from zero, just like everybody else. And so you have these group of people that try to sell an image. And on the flip side of that, you have folks who are oversharing in the name of authenticity, which is a big word right now, authenticity.

15:36But what's unfortunate about this group of people is that they're selling their struggles instead of solution. They're like a car wreck on the highway. They get a lot of attention, but it's very short-lived and it's not for the right reason. So when I talk about becoming a brand or saying to folks, you are the brand, this is you. Become the person that you're trying to sell to people. Do the hard work of it. Entrepreneurship has a funny way of bringing out the best in you, but also revealing the roughest parts of you. And the question that I ask to my clients, my coaching students all the time is, who do you have to become in order to serve the people you want to serve?

16:16Do you have to become a better marketer, a better communicator, more emotionally grounded? Like, what is it that you need to do to become the person that you're trying to be in order to serve the people you want to serve? And that's really how I look at that. So Fire Nation, I'm over here taking notes and I hope you're really taking and absorbing all of this as well. I mean, I loved that phrase, the rise of image. I mean, think about that. I mean, this is the world that we've moved into and become the person you are trying to sell to people. I mean, that may sound obvious, but unfortunately, it's not obvious practice.

16:52And who do you have to become Fire Nation to serve the people you want to serve? know the people you want to serve. Okay. Now, how do you become that person that is capable and able to serve the people that you want to serve? Now, Mike, I want to talk about something that is very important and very difficult to do. How can we say something that's unique? I mean, something that just doesn't sound like all the other hollow promises that everyone is making every minute of every day. It's like we now just have this world of pale week imitations of other people where they just see somebody say something and they're having success doing that.

17:33So they just say the exact same thing and they're like, now I want that level of success or let me just piggyback on X, Y, or Z. And it's just so obvious that they're not building a campfire. They're like trying to like steal a twig that's on fire from somebody else's campfire to get some of that heat, to get some of that fire. So how can we just take a stance? How can we say something that's unique and special and is going to get us momentum and traction around our own campfire? Well, I love that you use this phrase, a pale imitation. One of the phrases I use is never be blender gray. And the way you do that is personal stories.

18:14So let me tell you a story, right? And this is an aside, JLD, but as a communications guy, as a copywriting guy, I always tell people, never make a point without telling a story and never tell a story without making a point. And that's one of the most natural ways we can stand out from the crowd. When I was a kid, my mom got swept up in the home juicing craze, you know, the juice man juicer. And then a little while later, there's this fitness guru, I don't know if you remember him, Jack LaLanne. And this guy had multiple gyms around the country and he came out with a competing product called the power juicer.

18:47And he was doing all these pull-ups on TV because he used his own juicer, of course, And he just outsold the competition because of the personal brand that he had, because he leverages personality, his stories. Now, I remember my mom bought this juicer. And I remember I was probably like eight years old when I first drank it. And it tasted disgusting. I don't know what she put in it. Like radishes, dude, beets, lettuce, spinach, moss from the backyard. I don't know. Oh, so funny. And the juice was this weird shade of gray with a tiny hint of brown and green. and it was nutritious, but it tasted horrible and it was not appealing.

19:24And that is how a lot of people's brands are. You're good at what you do. You're an expert at what you do, but your story, your marketing, your message is blender gray. That's what I started calling that color, blender gray. And it's your personal stories that keep you from being blender gray. And the easy way to tell these stories is to think of any story that we were taught to write in high school or college and flip the script. And what I mean by that is this. Most of the time we're taught when you write a story, you start with the introduction, which is the exposition, then you have an inciting incident, and then you have a resolution.

20:05The key is to flip the inciting incident and put that first. right and we do this in everyday life we were just untaught this we have to unlearn this because of english class right and we get into writing mode so you might say something like this oh how was work today hun well oh my gosh you never guess what this idiot mike kim did today on the podcast that's what you would say to kate right like if i did something stupid today right and i meet you for dinner out in puerto rico dude how are you doing like what's what's wrong like what's what's goes on bro i got out of the car just now and i dropped my phone i broke it right we that's the everyday way we tell stories we we start with the inciting incident even like those animal videos on national geographic it's it doesn't show the zebra grazing for 20 minutes it's the zebra with a lion hiding behind in the stalk ready to pounce on them that's the inciting incident so when when And Fire Nation, when you hear a guy like me talk about using storytelling in your marketing, I don't want you to hear that I'm asking you to write your life story.

21:15I'm asking you to share three simple stories leading with the explosion or the inciting incident. Your founder story, which is how you got into the industry. Your business story, which is how your company started. And the customer story, which is the story of your clients, your case studies, your testimonials. And it's those three stories that will make you stand out. Fire Nation, put the inciting incident first. Like if you can just walk away with that and start practicing that in your business and life, you are on the right track. And I love those three stories, the founder story, the business story, and the customer story.

21:52And that's using case studies, testimonials, et cetera, Fire Nation. So Mike, you wrote the book, You Are the Brands. give us the 911 on this. Like why does Fire Nation need to read this book? Where can they go to consume more of this content that you've been sharing? And then we'll say goodbye. So the reason I wrote this book is because there are a lot of good programs out there that sell disparate parts of what it means to build an expert business. And there's nothing wrong with that. Wonderful products on podcasting, you know, touche to JLD for what he's built. I've taken his programs. They're killer.

22:30There are programs on copywriting and blogging and Facebook ads. Where the challenge is, is that nobody really teaches you how to put all these things together. And for many people, they end up just committing random acts of marketing. And they throw all these things against the wall. And it's sort of like Dr. Frankenstein, piecing together a creation that's made of all these disparate parts. In the book, You Are the Brand, I outline an eight-step framework that helps you put it together so that you don't feel like Dr. Frankenstein and end up with this monster, a non-revenue generating, very expensive monster.

23:09And it is a challenge when we're trying to build a concrete business out of something as intangible and as ethereal as our ideas, our expertise, our reputation, and our personality. And so that's really why I wrote this book. It's how I built the brands for some of today's most influential thought leaders, how I built my own brand. And it shows you how this little weird world of marketing really works. And most importantly, why the best strategy for success is to simply tell the truth. And you can find the book at youarethebrandbook.com and on Amazon, Barnes & Noble, and all the other stores worldwide.

23:50Fire Nation, you need to realize that when you hear some interesting information. When you hear somebody who's an expert in their area of expertise, when you hear someone like Mike, who's actually gone through the process that he now teaches and goes into detail with within his own book, You Are The Brand, you need to invest in yourself. And it's not the dollars and cents that the book costs. It's the time, the energy, the bandwidth to apply this knowledge to your life. This is how you win at such a high level. So you know this, Fire Nation, you're the average of the five people you spend the most time with.

24:30You've been hanging out with MK and JLD today, so make sure you keep up that heat. And if you head over to eofire.com and type Mike in the search bar, the show notes page will pop up with everything we talked about here today. Best show notes in the biz. And one more time, Mike, where do we go URL-wise to learn more and pick up this book. Youarethebrandbook.com. Youarethebrandbook.com, Fire Nation. Get over there. And Mike, thank you for sharing your truth, your knowledge, your value with Fire Nation today. For that, brother, we salute you and we'll catch you on the flip side. Hey, Fire Nation, today's value bomb content was brought to you by Mike and Fire Nation.

25:10Over the last decade, I've interviewed more than 3 ,000 of the world's most successful entrepreneurs, and I've created a revolutionary 17 step roadmap to your financial freedom and fulfillment. I put it all into my first, that is my first traditionally published book, The Common Path to Uncommon Success, which was personally endorsed by Seth Godin and Mr. Gary Vaynerchuk himself. The Common Path to Uncommon Success is a step-by-step guide that you need to achieve the lifestyle of your dreams, financial freedom and fulfillment. Visit UncommonSuccessBook.com to learn more and order your copy today.

25:47I'll catch you there, Fire Nation, or I'll catch you on the flippity flip side. Nudge, hosted by Phil Agnew, is brought to you by the HubSpot Podcast Network, the audio destination for business professionals. Ever notice how the smallest changes can have the biggest impact? On Nudge, you learn simple evidence-backed tips to help you kick bad habits, get a raise, and grow a business. Oh, and it's the UK's fast-growing business podcast. A recent episode on how to win any argument shares decade-long research into persuasion from a world-leading neuroscientist. Listen to Nudge wherever you get your podcasts.

From the publisher

From the archive: This episode was originally recorded and published in 2021. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.

Mike Kim is a strategist for personal brands. He's consulted for thought leaders like John Maxwell and Donald Miller. He is the author of the book You Are the Brand.

Top 3 Value Bombs

1. Regardless of where you are on your entrepreneurial journey, we tend to see ourselves first through the lens of the organization or occupation that we work for rather than really seeing that those skills are inherent to us.

2. Become the person you're trying to sell to people. Do the hard work of it. Entrepreneurship has a funny way of bringing out the best in you, but also revealing the roughest parts of you.

3. Share 3 simple stories that lead into the insightful incident. Your founding story, which is how you got into the industry; your business story, which is how your company started; and the customer's story, which are the stories of your clients and testimonials.

The 8-Step Blueprint to Showcase Your Unique Expertise & Build a Highly Profitable, Personally Fulfilling Business - You Are The Brand Book

Sponsors

HubSpot HubSpot's all -on -one customer platform can make growing your business infinitely easier. Visit HubSpot.com to get started today

BetterHelp This episode is sponsored by BetterHelp. Give online therapy a try at BetterHelp.com/fire and get on your way to being your best self

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