Sunday, May 24, 2020

Rags To Riches

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PAGE 252.
HOW I WENT FROM RAGS TO RICHES.

To give you the nitty-gritty of what it 
takes to succeed online, it is important 
to tell you my story. So let me share 
how I got started: how I made money, 
how I lost money, and how I’ve made 
my F.U. Money on the Internet.

I figured out much of what. I know now 
from the school of hard knocks.

In March of 1997 , I was confused as 
heck. Like most people, I had no life 
direction. I wasn’t sure whuat I wanted. 
By that point, I’d experienced many 
business failures and I was up to my 
eyeballs in debt. My self-esteem was 
low. Let me tell you—it was NO fun 
waking up in the middle of the night 
worrying about how I was going to 
pay the bills.

I had read Think and Grown Rich by 
Napoleon Hill. Although I had done a 
lot of thinking, there wasn’t enough 
riching. Then I read How to Win 
Friends and Influence People by Dale 
Carnegie. I just didn’t know how I 
could “influence” my friends to loan 
me money to pay muy bills.

I did all the things that most people do, 
like buying self-help books and tapes, 
going to seminars, and even walking 
on hot coals. I did all the things that 
the gurus teach: goal setting, positive 
thinking, affirmation, visualization—all 
that stuff. Most of it didn’t work for me. 
I was still broke. I wasn’t making 
enough money. I certainly wasn’t 
fulfilling my dream.

That’s when I made a discovery that changed my entire life’s direction. I stumbled across a book in a used bookstore called Scientific
Advertising by Claude Hopkins.

The title appealed to me because all my business failures up until that point had 
boiled down to one problem: lack of customers. I bought the book for three 
dollars. I must have read it ten times in 
a row. That book changed my life.

The book revealed to me that there’s actually a science to marketing and 
attracting clients. From that point on, I 
was hooked on this marketing stuff. I 
started buying all the marketing books 
I could get my hands on. I started 
studying ads and sales letters. I 
wanted to know what makes people 
tick and what motivates people to buy.

Most people buy magazines to read the articles. I would buy magazines to read 
the ads. People throw away their junk mail; I read my junk mail before I opened my bills. 
In fact, I was getting all kinds of junk mail because I purposely ordered stuff from mail order companies so I could see different 
offers and pitches. I wanted to be sold to.

HOW I ACCIDENTALLY MET MY MENTOR.

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Scientific Advertising


Scientific Advertising is a book written by Claude C Hopkins in 1923 and is cited by many advertising and marketing personalities (such as David OgilvyGary Halbert, and Jay Abraham) as a "must-read" book. According to Paul Feldwick, it has sold over eight million copies.[1] David Ogilvy wrote that "Nobody should be allowed to have anything to do with advertising until he has read this book seven times. It changed the course of my life."[2]
The book is cited as being the original description of the process of split testing and of coupon-based customer tracking and loyalty schemes. In the book, Hopkins outlines an advertising approach based on testing and measuring. In this way losses from unsuccessful ads are kept to a safe level while gains from profitable ads are multiplied. Or, as Hopkins wrote, the advertiser is "playing on the safe side of a hundred to one shot".
The book is widely considered the foundation of direct marketing.

In popular culture

In the TV-series Mad Men, season 1 episode 11, the character Peggy Olson reads Scientific Advertising to prepare herself for work. She is a copywriter.

References

  1. ^ Feldwick, Paul (2015). The Anatomy of Humbug. Leicestershire: Matador. p. 6. ISBN 978-1784621-926.
  2. ^ David Ogilvy: Ogilvy on Advertising. Pan Books (London and Sydney). 1983, p. 203 (without "at any level")

External links




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