how wide is your reality gap?
DESCRIPTION
In working with a wide variety of authors and thought leaders I've noticed a strange phenomenon that I now refer to as “the reality gap.” It basically means that there is content that a thought leader or author creates and there is content that the market buys.TRANSCRIPT
How Wide Is Your Reality Gap?
Peter Winick
The Reality Gap
Content that the market buys.
Content that a thought leader or author creates.
REALITY GAP
Suggestions for Traction1) Don’t create in isolation. • Creative process need not be a solitary • Collaboration is better while you are developing content. • Pull from a variety of constituents
– Other thought leaders– Potential clients– Past clients– Like-minded thinkers– Potential end users of your content
• Clients that are involved in creating their own solutions are far easier to retain and they have a vested interest in your success
Suggestions for Traction2) Fail often and fail fast • There are more tools available today than ever before
for creating and deploying content effectively• Far too many authors stick to the formats
or modalities that they know best • Try as many things as you can• The faster that you are able to fail
the quicker you’ll learn what isn’t working and be able to adjust andtry again
• Not failing doesn’t mean you’re succeeding, it means you’re not trying a wide enough variety of alternatives
Suggestions for Traction3) Only do what you love and what you’re great at• Reality gap exists is because the thought leader knows what
they know relative to their work better than anyone else• Not nearly as gifted when it comes to:
– Sales– Marketing– Business Development– Social Media– PR– Product Development– Client Relationships
• Work with experienced experts that have the specific skills that you lack will close the gap
Suggestions for Traction4)Know what the actual impact of your work is on
your clients• Often thought leaders think that the value of their work
is X when in reality is Y• Be sure you are effectively
communicating to end users • Understand how they are actually
benefiting from your work • Real-time feedback = Better understanding
of the actual work value • Top dollar is paid for content that drives a behavior change
that moves a key business metric and therefore has a measurable ROI
Suggestions for Traction5) Monitor your competitors• Learning from others successes and mistakes
is cost effective much easier to do today than ever before
• The first one to market with the “newest” gizmo, gadget or trend is not always the winner
• In the world of content “first mover” advantage is typically a fallacy
• Understand the trends in your space • Make sure you are not being left behind by innovations in
marketing or technology
If you’re only offering keynotes and workshops and your competitors are taking market share with e-learning or video-based content, you’ll
eventually fall too far behind to catch up.
About Peter Winick Peter Winick has over twenty years of experience working with a variety of thought leaders, authors and gurus to help monetize their content through books, keynote speaking, consulting, and the creation of training services, products and assessment tools. From the strategic stage to the creation of sales and marketing solutions, he helps companies use thought leadership as a strategic marketing tool that drives business results. Visit www.thoughtleadershipleverage.com for more info.