![]() |
![]() |
Real Estate Information |
|
![]() |
![]() |
Random Whimsy: Uncensored Interview with Dan LokDan Lok Norman Williams, publisher of "Big Money Publishing Newsletter," recently did a Q&A about me. 1 - Can you tell me about your business background Sure, Norman. My name is Dan Lok. Ive written hundreds and hundreds of unstoppable ads and magnetic sales letters for clients in more than 39 different industries. Your readers may not know my name, but I wouldnt be surprised if theyve been "sold" with some of the irresistible copy Ive written. My writing has sold over $17.3 million dollars of merchandise and services by mail, e-mail, retail and websites. Ive earned my reputation as "The Copywriting Whiz Kid" from years in the trenches of advertising - writing ads and sales letters that create fortunes for businesses and entrepreneurs. In fact, when I first got started as a rookie copywriter, I really was a kid…just 16! My Unique Selling Proposition was... “I Dont Get Paid Until YOU Make Tons Of Cold, Hard Cash!” I put it all on the line with a message that was unmistakable: what I write has to make big bucks for my clients... or... I dont eat. Under that kind of "make or break" pressure, Ive been forced to figure out one thing - how to create CONSISTENTLY the most powerful, irresistible, Hoover Vacuum that money right out of their wallets advertising possible. Ive learned to create advertising that makes a ton of cash... and then a ton more. It was that, or go learn to live on a diet of "almost made it" and that was something I wasnt willing to swallow. 2 - As a person on the Internet, how did you get started Id love to tell you it was all part of my grand plan, but the truth is -- I got started by pure accident. A webmaster approached me and pulled me into the 21st Century. He said, “Dan, dont be a dinosaur! You need a presence on the net. Let me build a website for you!” I decided to go ahead, “Heck, why not” I thought. Thirty days later, my website launched into cyberspace. 3 - How long have you been in business online I think the answer is going to surprise you. Ive been writing for other online marketers for a couple of years now. One year on Internet equals to 3 years in the real world. So I guess, Im pretty old in cyber terms! But it was only about 6 months ago that I created my very first Dan Lok website and started actively promoting my products and services online! Norman, you have to understand this… Until recently, I purposely avoided the spotlight and the chance for self-promotion, despite being one of the worlds highest-paid freelance copywriters. Fame isnt a big "carrot" to me. Im far too busy and much more interested in helping my small business clients get big…and rich. Im not a "household name" because instead of spending all my time preening in the spotlight and working on my celebrity status, Im out in the trenches day in, day out, working for the little guys, helping them turn into the BIG guys and gals. 4 - What online businesses you are involved with First of all, Norman, want to clear up what I think of as a misconception that most people have when it comes to Internet marketing. In my opinion, theres no such thing as an "online business." Business is just business. When people say, "I have an Internet business!" Its like saying "I have a classified ad business" or "I have a direct mail business" A real estate developer doesnt sell or buy the Internet. A developer buys and sells properties and uses the Internet to MARKET his/her business. You MARKET your business via direct mail. You MARKET your business via classified ads. You MARKET your business via the Internet. Direct mail is a medium for marketing, TV is a medium for marketing, and the Internet I is a medium for marketing, too. So just because you market your products and services online, it doesnt mean you have an “online” business. And simply because you have several websites, it doesnt mean you run several “Internet” businesses and are a Super-Cyber Entrepreneur. At best…youre a webmaster. Now let me get down off my "soap box" and go back to your original question: I have one main company: Quick Turn Marketing International, Ltd. But despite the fact that I have just one company, I have 5 or 6 websites, including:
Each website is distinct with its own purpose and specific objective. All are inter-linked and create my Internet "presence." 5 - How did you learn what it takes to succeed In order to learn, you need a teacher, so Im a big believer in mentoring. Why re-invent the wheel Finding a mentor is really the shortcut to success because youre learning from someone whos already been there and done that. Its important to learn from people who have already achieved success and know the "tricks of the trade" that can get you there, too. Im a sponge and absorb information and ideas whenever and wherever I can. Ive found that highly successful people are always soaking up information as fast as they can get it, and are always in a learning mode. Ive applied that concept to my life, too. You should see my car; it looks like a tape factory that exploded! I love reading but I cant resist the it-goes-where-you-do advantages of audio learning. Theres always a cassette or CD in the dash with a couple in the backseat and a few more in the trunk. Ive got a "revolving door" policy when it comes to informational tapes: I just rotate till Im full, and then I dump the box and go get some more. I think people who quit learning have started the dying process. 6 - What office equipment do you use I have a computer, a printer, a fax machine, and a telephone in my office. Thats it. Oh yes, I do occasionally resort to paper and pencil 7 - Do you do all of your business online Absolutely NOT! I still make the bulk of my money off-line. In fact, I think only 15% of my revenue comes from the Internet. I think its dangerous to only market via only ONE medium One of the concepts I teach is called “Multiple Streams of Revenue." It simply means that you should develop a variety of streams of revenue that feed into a big river that will flood you with income. Different revenue streams mean different things to different people:
For guys who currently do their business primarily on the Web, this is a "push" to get your direct mail chops honed. Get your list together, with names and physical address. Why is this diversification so important when the Web is seen as the oasis for income and wealth Just ask the guys who relied exclusively on outbound calling, or blast faxing, or email spamming for their wealth… and were shocked when these methods were outlawed. The methods were outlawed and they were out of business. With a variety of revenue steams feeding your business, if you wake up one day to a blank monitor screen, you wont have to panic. 8 - What are your biggest gripes about the Internet There are amazing goods and services to be found on the net, but too many people are selling nothing but crap. You wont find more “junk” offers and business schemes in any other marketing mediums than in cyberspace. The scams that once choked our mailboxes now choke the Internet with thousands and thousands of bogus, fly-by-night websites. Its a tough medium to "police" and control, so buyers really have to beware or risk losing their shirt on everything from bad investment advice to supplements for erectile dysfunction! 9 - Do you mostly do publishing or other enterprises Besides Quick Turn Marketing International, Ltd, I also have equity in five privately held companies. I serve on the board of directors for most of those companies as a marketing advisor. Two of the companies are multi-million dollar businesses. Another two are start-ups. One is a small high-tech company that is doing less than $300,000 a year. I am also a major shareholder of another company investing in US tax liens and deeds. 10 - Are there any tips or advice you would like to offer You mean marketing-wise Theres so much I can talk about -- its my business after all -- I dont know where to start…or where to start charging just kidding! Theres a lot stuff you can do to boost your business, but here is "Dans Top 10 Plus One" list: 1 BE DIRECT MAIL-WISE. Only 4% of retailers in the USA use direct mail. In Canada, this figure is even lower. And yet...dollar for dollar, nothing sells products as effectively as direct mail. If youve got a limited budget, this is where your marketing dollars should go. Start collecting your customers names, addresses and telephone numbers today. Frankly, Ive talked about using direct mail until Im blue in the face. But its not "sexy" and people tend to overlook it. So please dont be one of those people. 2 GREASE THE WHEELS. Bribery may be a bad thing when youre dealing with someone in law enforcement, but it works like a charm with potential customers. Example, a hardware store puts on free coffee and hot dogs for lunch every day. Customers who come in to have a “free lunch” might order lots of other things. Bribe your customers to do business with you. If youre an information marketer, offer FREE reports, tapes and videos to urge prospects to order now. If youre a Widget sales representative, offer 3 months of service on every Widget unit installed. 3 HEADLINERS. Stick a powerful headline on all your ads, letter and promotion. A headline is an "ad" for your ad. 80% of your promotions success or failure lies in whether your headline can express your unique positioning statement -- that golden phrase that captures in just a few words the "essence" of what you have to offer and how it will benefit a customer. A good headline has "legs." It can go the extra distance as an opening line for your sales and telephone people and goes a long way towards establishing your "brand." 4 YOU CAN SEE THE DIFFERENCE. Dont get talked into wasting your money on anything you cant measure and, most importantly, anything that doesnt bring you extra sales. You cant pay your bills with “image” and “exposure”. All it does is feed your ego and thins out your wallet. Measure everything meticulously. "Measurability" is one of the great plusses of direct mail. If you send out 10,000 letters and get just 21 responses and 11 clients, you can see immediately that its time to pull the plug before another penny is lost. 5 PLAYERS. Where possible, sell only to “players." No, I dont mean poker players, ball players, or "players" in the game of love. Players are consumers who want what you sell, can afford to pay for it, and may even be willing to pay a PREMIUM for your goods/services. The rationale behind this concept is that its a whole lot easier to make money by selling half as much but at double the price. 6 GIVEAWAYS. Instead of blowing your money on "fancy pants" advertising that makes you LOOK GOOD, take the money you and give it to your best prospective customers players so that theyll FEEL GOOD. Good feelings and good emotions are what drive sales, and a giveaway is the perfect technique to get the good vibrations going. You can work wonders with a simple sample or a "trial use" period for your product or service. A clothing shop could offer a free T-shirt. A restaurant could offer a free main course. A new car retailer could offer a free dinner with any test drive. 7 INFO PRODUCTS. My favorite way to attract and "attach" new customers is with a free report or audio tape. Theres that FREE word again Create something that positions you as the expert and educates the customers on why they should buy from you. Give it as a gift to some and then "leverage" your product and sell it to others to create an additional revenue stream. 8 GLASSES AND A FAKE MOUSTACHE. No, dont disguise YOU…disguise your advertising message. Research clearly shows that Advertorials -- ads that look like editorial articles -- get 500% more readership than ads that are obviously ads. Do people buy magazines or newspapers to read the ads Of course not! You read the stories, I read the stories, and everybody else on planet Earth buys the daily paper, picks up a magazine, or watches TV for the stories. 9 HE SAID/SHE SAID. Actively collect and use testimonials. Like a referral, a testimonial is a third party endorsement and therefore is much more believable than what you say about yourself. Hardly anyone except mail order companies uses testimonials. If nobody else in your industry uses testimonials, you get an instant edge and immediately "corner the market" on rave reviews just by doing this ONE simple thing. 10 A 24/7 SALES "REP". A proven sales letter is a truly efficient and loyal salesperson. An effective sales letter never sleeps in, take sick days, or forgets to turn up for work. Plus, if you get a “real” winner, you can use it again and again for a long, long time. 11 CALL GIRL/CALL BOY. Dont be a stranger to the people who buy from you. Use the telephone to follow up with your best customers. Dont call to sell. Call to educate and cement a relationship. And a word to all you budding imaginative, innovative, and "daring" types: When it comes to marketing, dont try to be creative or cute. Pretty ads dont sell squat. The advertising campaigns that win media awards from "peers" seldom win sales awards for clients. 11 - Do you use any clip art in your publications No. What I offer is distinctive. I dont want to dilute that message by using a dime-a-dozen graphic that does nothing to differentiate me from the competition. 12 - Are people more interesting than product stories Sure. People are always more interesting than product stories. Consumers see themselves in people stories. 13 - What are your goals and aspirations for the future Sitting on the foundation of my success, I now have the luxury of doing what I like best: sharing my knowledge and wisdom with other entrepreneurs to help them make their own businesses more profitable. Also on the radar: Become a #1 best-selling author. Travel around the world. Set up a Dan Lok foundation and raise $100,000 for the BCs Children Hospital. Learn scoop diving. And then theres ski-diving…I really want to, but Im scared. Ill have to work a little longer on conquering the fear. I can go on and go on. I have a list of 50 to 60 short-term goals. But Ill let you in on a secret: I dont call them “goals.” Goals are something we strive for. My plans for the future are on my "To Do" list because I KNOW Ill get them done. When Ted Turners father passed away, he left Mr. Turner two things. The first was a billboard business. The second was this quote: “Set goals you CANNOT accomplish in your lifetime. After you accomplish them, theres nothing left” Ive adopted that philosophy in both my business and personal pursuits. I think BIG. I set goals I CANNOT accomplish in my lifetime. My long-term goal is building a $100 million-dollar marketing empire. Ive got a lifetime to try! And if I reach that goal, Ill set a new one! So my advice to everyone is this: to be BIG, you first need to think BIG. 14 - What software do you use to make your websites I have no idea!!! Im a marketer not a technology expert. I hired a web-master and a web-designer to build all my websites. I dont even know how to use Front Page! As a matter of fact, I barely know how to use my auto-responder. My job as the CEO of the company is to bring in the revenue. Period!!! Full stop! Everything else… I surround myself with experts to assist me. And I think thats the key to growing any business. Surround yourself with people who are “smarter” than you. An important lesson Ive learned the hard way - “If youre the smartest guy in your business, youre in big trouble.” One of the big paradigms in business now is outsourcing what you dont do well and concentrating on what you can do well. For example, a mousetrap factory might outsource its order and fulfillment needs to an outside shipping company so that it could concentrate its money and resources on creating a bigger, better mousetrap. The bottom line is the bottom line. Seek professional advice and pay for it if you need to barter it if you can. Pay your people well. Acknowledge them constantly and consistently. Sell them on your vision. Share the wealth and youll have a team thatll go to WAR and fight for you. 15 - What are your favorite books or computer programs
16 - What is your best time for working on your computer Im a computer night-owl. When the sun goes down, I log on. During the day, I am either writing ad copy or on the phone with clients and clients-in-the-making. Copyright 2004 Quick Turn Marketing International, Ltd.
| ![]() | ![]() | ![]() | RELATED ARTICLES Get PHP pages indexed in the Search engines A simple method to convert files from Php to Html Extensions, on an Apache Server No More Estate Agent Fees Follow a few simple guidelines, and marketing your own home can be easy. And it will save you thousands. How Much Risk is Necessary to Grow Your Business A business owner is thoroughly responsible for their own financial survival and possibly the financial survival of their employees. Business owners, for the most part, seem to be "risk takers", who really dont easily "go with the flow". They are inventive and somewhat confident, as just having their own business does mandate that they possess these qualities. Relocating for Retirement Which Realtor Can Help You I am a native of Tidewater Virginia, which encompasses counties and towns in the Chesapeake Bay area from Virginia Beach, to Hampton, Newport News, Williamsburg and New Kent County. Even before I entered the real estate profession I watched the real estate market change and evolve over many decades. The Tidewater area, which includes Greater Williamsburg, is a pleasant location for retirement mainly because of the temperate climate and convenient location on the Eastern seaboard. Many military retirees who have served much of their career in the area simply opt to stay in Southeastern Virginia when they retire. How To Sell Your Website Fast Dear Website Owner, The Magic of Design There was a time people thought the world was flat. At another point in history it was believed that women didn’t have the know-how to run a business or change a tire. Then there was the one about man not being able to fly. Over time all of these fairytales have proven untrue. Should your Sell your Home yourself Should you sell your home yourself Yes and no. Yes, you should leave the option of selling on your own open and no, you shouldn’t rule out using the services of an agent to help you sell. There are a considerable number of advantages of using an agent to sell your home but their services do come at a price – up to 6% commission on the sale price! That’s quite a sum, a precious $6,000 for every $100,000 your home is worth. Agents are not indispensable. With the advent of the Internet, a fairly sizeable number of owners have been able to successfully sell on their own. Statistics have it that 80% of home buyers begin their search for a home online. So, putting your home details on the Internet is one effective medium of advertising your home and reaching out to a large number of buyers. Networking 101 As a new business owner you must wear many hats. Increase Your Buying Power With Capital Gains Reinvestment When it comes to selling property capital gains reinvestment can be an important strategy for homeowners and commercial and business owners.The Internal Revenue Service requires capital gains tax to be paid on the sale of all capital assets, including properties.Once the sale occurs the tax expense can be enormous, but with a little ingenuity capital gains tax can be avoided and the tax burden relieved.The sale of a home or an investment property can facilitate incredible steps forward for anyone in the real estate market.Planning, education and consulting the experts are the keys to increased buying power! When a Real Estate Agent May Not Be The Best Option Historically, when homeowners wanted to sell their home, the first call made would be to a Realtor.Since the early 1900’s, Realtors have represented homeowners during the process of selling their home, which is usually to another homeowner.Real estate brokers hold state regulated licenses that allow them to market real estate on behalf of the owner.The national average for broker commissions is approximately five percent.In many cases, another broker will bring the buyer and receive typically fifty percent of the commission.When the majority of homeowners sell their home, they believe a real estate agent gives them the best chance to maximize the amount they receive and the agent commission will come out of their proceeds at closing.This is a process that takes place everyday throughout America. Turf Wars: Author/Landlord Offers a Few Words of Advice for Tenants Richard Rusdorf, author of "The Landlords Handbook: A Complete Guide to Managing Small Residential Properties," managed a 400-plus-unit apartment building in Chicago 20 years ago. The past president of the Chicago chapter of the Institute of Real Estate Management, he has served as a real estate broker, consultant, writer, architectural photographer, and certified property manager. With such a diverse background in real estate, Rusdorf has plenty of perspective on what peeves both landlords and tenants. Tenants number-one point of contention, he says, is "responsiveness to complaints -- even if theres nothing that can be done about the problem." Residential rental properties are a literal obstacle course of sticky situations. These fairly tight quarters are home to many people with specific concerns that they expect their landlord to address and pay for yesterday. Landlords, whether at fault or not when tenant complaints arise, find themselves between a rock and a hard place on such issues as security, water quality, the neighborhood, neighbors, their guests, and noise. Real Estate Bankruptcy Although real estate bankruptcy cases no longer dominate the bankruptcy courts dockets as they did in the early nineties, but they continue to be filed with great frequency in UK. At its essence, the real estate bankruptcy is a two party dispute between mortgagee and mortgagor. Real estate bankruptcy cases are typically filed after a foreclosure sale has been set. Upon learning of the bankruptcy filing, a secured creditor has a number of available options, all or some of which should be exercised, depending on the facts of the case, to maximize loan recovery. Plan Your Success In Seven Ways Many businesses lose money yearly because they don’t think creatively about the future.They run their businesses doing what they think they should: dealing with customers, dealing with problems, ordering for their business, and paying their expenses. They act like their business is a job. They are surviving and that’s it. They are not looking at the big picture. They need to use their business as a stepping stone to success. Picturing themselves as a successful business person, and setting up a plan to succeed. You Have To Love The Location, Say These Owners Of Orlando Florida Villas It has been said that in real estate there are three things that count the most: location, location and location.I recently discovered how powerful this concept can be. Before Selling Your Home Here are some important steps you should take before you put your house on the market: Dont Sign That Lease Yet Youre being transferred to a new city in another state for a position that you start in exactly two weeks. You fly to your new hometown to select an apartment. You have exactly two days to make a decision and sign a lease, so when, after much searching, you find a vacancy in a relatively decent property, youre anxious to sign when the lease is placed in front of you. Resist the urge. As mentioned in previously in our report "Avoiding Tenants Tribulations," wearing rose-colored glasses can easily fool you into believing that your best interests as a tenant will be protected. Your desire to find a home and wind up what can be an exhaustive search process can push you into signing on the dotted line before youve read and understand all of the fine print of your lease. Can I Have Your Autograph Being a celebrity means dealing with fan demands for autographs, ranging from polite and appropriate to rude and overbearing. One time Katherine Hepburn was performing on Broadway and tried to exit backstage through a crowd of jostling autograph hounds. Bodyguards helped her to her limo and once safely inside the very private star rolled down the window and shouted," Run em down! Well clean up the blood later!" The crowd scattered and the limousine sped away, pausing long enough for Hepburn to roll down the window and wave goodbye to her fans, accompanied by an evil laugh. Strangely enough, when she lived in Beverly Hills the seclusion loving Hepburn developed the habit of sneaking into her neighbors houses as a hobby. She became expert at climbing trees, avoiding alarms and dogs, and revealing herself just before her nervous neighbors called the police. Anchors Away! If we want to fill our heads with the doom and gloom society seems to thrive on, all we need to do is turn on the local news at night. To make that quantum leap toward personal happiness and success in life, sometimes we just need to do what so many people seem to be talking about lately: “clean house” and take personal inventory of the people we associate with most. Is it time to stop filling your Landlord’s Wallet Is it time to stop filling your Landlord’s Wallet Opening a Bank Account Doesnt Have To Be Difficult If youre a young person who has just begun to earn some money, it is very important that you know how to open a bank account. Once you do, youll have taken the first step in a long-term process of financial independence and growth. ![]() |
home | site map |
© 2005 |