Why Managers and IT Professionals Need to Practice Attraction Marketing Principles
There is no such thing as job security, especially in the IT industry. It matters not whether – like me – you have thirty-plus years of experience, an MBA, are a Certified IT Project Manager, have published a book, or any other past accomplishment. Potential clients or employers only care about the value you can bring to their organization today. It was this way in 2001 when the tech industry tanked, and is again in this economy, forcing us to continuously adapt, retool, rethink and re-behave.
No longer is it “safe” to rely on a single source of income. No longer is it a “sure thing” that our 401-Ks will even retain their values, let alone provide gains over time. According to IRS statistics, 93% of public stock market traders lose money each year. According to the Social Security Administration, over half of Americans must continue working at age 65 or later to supplement their retirement.
In an environment where our “superior” resumes are thrown in a stack of thousands for consideration, we must change our approach. Recruiters are overwhelmed with sellers and a tiny fraction of buyers.
The solution is to think strategically, but from from new angles; to find new ways of attracting customers or clients; to become the hunted rather than the hunter.
We do this by becoming mentors, experts in our field, leaders willing to educate and train our prospects without expecting anything in return. Only by first earning trust and respect will our prospects be willing to do business with us, hire us, or invest their precious capital. This concept is called Attraction Marketing, and it’s no longer the exclusive domain of network marketing plans and affiliate programs. It is based on a long-held principle that, helping others achieve their financial (or life) goals automatically helps you achieve yours.
In years past, relying on a single employer to provide for our families was a point of honor and virtue. Today, it’s a case of “what have you done for me lately.” In today’s economy, we need a second source of income just to cover our teenagers’ text-messaging bills, let alone to stock up a lagging retirement fund.
It is time for managers and professionals — technical or administrative — to become entrepreneurs, to find one or more alternative source of income, and to automate that source so that it consumes a minimum amount of bandwidth. Can Attraction Marketing do all that? It certainly can!
For example, you can have a full-time job while mentoring others online in your spare time, building your expertise and followings on various Social Networks. It may not provide instant cash, but the lifetime dividends this “investment” returns can be enormous.
So, what is your passion? What is your favorite hobby? Do others think you’re already an expert in something? Are any ideas coming into your head as you’re reading this that you believe others would find interesting? Are you willing to share your expertise for free in order to attract a loyal following on the Internet? If you answered “yes” to any of these questions, then you qualify to build an Attraction Marketing business. If built correctly, it will take little of your daily time — in fact, much of it can work on auto-pilot — allowing you to continue with your job and life.
The bottom line is this: In this economic climate, how are you going to retire at any age without multiple streams of income? Your job consumes forty-plus hours per week. If you could invest one hour per day to build a lifetime of revenue, would it be worth it?
Something to think about.
Dan James is Senior VP at LarkinSoft (http://www.LarkinSoft.com), a consulting firm specializing in systems that help businesses thrive on the Internet. See Dan’s blog, and more information on Attraction Marketing, at his website, http://www.DLJames.com
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