Want to build a massive business empire, create great amount of wealth, be wildly successful? Live the laws explained in this book - The Go-Giver by Bob Burg and John David Mann. It is truly a little story about a powerful business idea, just as the tagline says.
Bob Burg is a former top sales professional, now a highly sought-after conference speaker world-wide and an author. He was named by the American Management Association as one of the Top 30 Most Influential Thought Leaders in Business for 2014.
John David Mann is a successful entrepreneur and award-winning co-author. His ‘Take the Lead’ (with Betsy Myers) was named by Tom Peters and the Washington Post as Best Leadership Book of 2011.
Wealth creation is the outcome of being a giving person, according to the authors, inspired from their own business experience. The book weaves a beautiful, unputdownable story to elucidate what they call “The 5 Laws of Stratospheric Success”. My own experience bears out the truth of these laws.
If you are looking to transform your organization's culture to create the foundation for exponential growth and success, gift this book to every employee.
Here are few excerpts from the book to inspire you to read the book end-to-end. It is a few hours read, not only because the book is 122 pages short but also because it is written in a very engaging style. Read it and it may as well become the turning point in your life.
1. … be a giving person, period: one who gives thought, gives attention, gives care, gives focus, gives time and energy - gives value to others. Not as a quid pro quo, not as a strategy to get ahead, but because it is, in and of itself, a satisfying and fulfilling way to be. - Arianna Huffington
2. … the more successful <people> are, the more willing they are to share their secrets with others.
… The interesting thing is, the bigger they are, the nicer they are.
… I believe that a person can reach a certain level of success without being particularly special. But to get really, really big, to reach the kind of stratospheric success we are talking about, people need to have something on the inside, something that’s genuine.
3. … the majority of people operate with a mindset that says to the fireplace, “First give me some heat, then I’ll throw in some logs.” Or that says to the bank, “Give me interest on my money, then I’ll make a deposit.” And, of course, it just doesn’t work that way.
4. Most of us have grown up seeing the world as a place of limitation rather than as a place of inexhaustible treasures. A world of competition rather than one of co-creation.
5. In life, you often don’t get what you want. But, here’s what you do get - You get what you expect.
6. Go looking for the best in people, and you’ll be amazed at how much talent, ingenuity, empathy and goodwill you’ll find.
7. Ultimately, the world treats you more or less the way you expect to be treated. … you’d be amazed how much you have to do with what happens to you.
8. A very useful thing to remember: appearances can be deceiving. … Truth is, they nearly always are.
9. … the Golden Rule of Business - All things being equal, people will do business with and refer business to those people they know, like and trust.
10. … the point isn’t to have <your customers> pay you more, it’s to give them more. You give, give, give. Why? Because you love to. It’s not a strategy, it’s a way of life. And when you do, then very, very profitable things begin to happen.
… but I thought you said you are not thinking about the results.
That’s right, you are not. But that doesn’t mean they won’t happen.
11. All the great fortunes in the world have been created by men and women who had a greater passion for what they were giving - their product, service or idea - than for what they were getting.
And many of those great fortunes have been squandered by others who had a greater passion for what they were getting than what they were giving.
12. It means that you get to determine your level of compensation - it’s under your control. If you want more success, find a way to serve more people. It’s that simple.
… It also means there are no limitations on what you can earn because you can always find more people to serve.
The Reverend Martin Luther King, Jr, once said, ‘Everybody can be great because anybody can serve.’
Another way to say that might be, ‘Everybody can be successful because anybody can give.’
13. “There are people who get rich, and there are people who do good. My belief system said you are one or the other, you can’t be both.”
… “And I saw that my old belief system was only getting in the way. It wasn’t serving. So I decided to change it.”
“Have you ever made up a story? … Life works the same way. You just make it up. Being broke and being rich are both decisions. You make them up, right up here.” She tapped her finger to her temple. “Everything else is just how it plays out.”
What you focus on is what you get.
14. There are three universal reasons for working. Survive - to meet your basic living needs. Save - to go beyond your basic needs and expand your life. And serve - to make a contribution to the world around you. … Unfortunately, most people spend their entire lives focussing on the first. A smaller number focus on the second. But those rare few who are truly successful - not just financially, but genuinely successful in all aspects of their lives - keep their focus squarely on the third.
15. Changing my focus from seeing what I could get to what I could give was when my career started to take off.
16. … by a network I don’t necessarily mean your customers or clients. I mean a network of people who know you, like you and trust you. They might never buy a thing from you, but they’ve always got you in the backs of their minds. … They are people who are personally invested in seeing you succeed, you see? And, of course, that’s because you are the same way about them. They are your army of personal walking ambassadors.
… You want to know what makes that kind of network happen? Stop keeping score. … most of the time, what people call ‘win-win’ is really just a disguised way of keeping track. Making sure we all come out even, that nobody gets the advantage. … When you base your relationships - in business or anywhere else in your life - on who owes who what, that’s not being a friend. That’s being a creditor.
… Make your win about the other person … Forget win-win - focus on the other person’s win.
… if you place the other person’s interests first, your interests will always be taken care of. Always. Some people call it enlightened self-interest. Watch out for what other people need, with the faith that when you do, you’ll get what you need.
17. Money. Position. … a history of outstanding accomplishments. …. These things don’t create influence. - influence creates them. … Putting other people’s interests first <creates influence>.
18. Have you ever wondered what makes people attractive? I mean, genuinely attractive? Magnetic? … They love to give. That’s why they are attractive. Givers attract.
19. I believe there is one reason, and only one reason. that we have stayed together so long and are as happy together today as we were forty-eight years ago - more so, in fact. That reason is this: I care more about my wife’s happiness than I do about my own. All I’ve ever wanted to do since the day I met her is to make her happy. And here’s the truly remarkable thing - she seems to want the same thing for me.
20. “Besides, ladies.” She tapped her index finger a few times in her temple. “It’s what’s inside that makes you beautiful, not the wrapping.”
… My husband gave me the most surprising gift of all. He gave me the wake-up call of a lifetime - when he walked out of the door and never came back. … It took me one full year to unwrap, open, understand and use that gift.
… When I said that my life as a mom, wife and household manager left me with nothing the marketplace wanted, I was wrong. There was something else I’d learned over those years, and that was how to be a friend. How to care. How to make people feel good about themselves. And that, my friends, is something the marketplace wants very much - always has, always will.
... What I am here to sell you on is you.
People, remember this: no matter what your training, no matter what your skills, no matter what area you are in, you are your most important commodity. The most valuable gift you have to offer is you.
Reaching any goal you set takes 10% specific knowledge or technical skills - 10%, max. The other 90 plus percent is people skills.
And what’s the foundation of all people skills? Liking people? Caring about people? Being a good listener? Those are all helpful, but they are not the core of it. The core of it is who you are. It starts with you.
As long as you are trying to be someone else, or putting on some act or behaviour someone else taught you, you have no possibility of truly reaching people. The most valuable thing you have to give people is yourself. No matter what you think you are selling, what you are really offering is you.
… You want people skills? Then be a person. … It’s worth ten thousand times more than all the closing techniques that ever have been or ever will be invented. It’s called authenticity.
21. He thought about Gus’ long, rambling conversations, his easy manner with potential clients, his erratic, extended vacations. He smiled. “You just love what you do. You love talking with people, asking them questions, learning all about then, finding ways you can help them, serve them, fill a need, share a resource …
22. It’s not better to give than to receive. It’s insane to try to give and not receive.
Trying not to receive is not only foolish, it’s arrogant. When someone gives you a gift, what gives you the right to refuse it - to deny their right to give?
… In fact, every giving can happen only because it is also a receiving.
23. … if the secret of staying young, vibrant and vital throughout life is to hang on to those precious characteristics we all have as children but which get drummed out of us - like having big dreams, being curious and believing in yourself - then one of those characteristics is being open to receiving, being hungry to receive, being ravenous to receive.
… having big dreams and being curious and believing in ourselves - those are all aspects of being receptive, they are all the same thing as being receptive.
… Inside every truth and every appearance, there’s a bit of opposite tucked inside. … So, the secret to success, to gaining it, to having it, is to give, give, give. The secret to getting is giving. And the secret to giving is making yourself open to receiving.
24. The point is not what you do. Not what you accomplish. It’s who you are.
25. I just told you we are giving this contract to your competition. Your response was to thank me and give them a compliment. You’ve got heart.
26. And, the 5 Laws of Stratospheric Success are:
i. The Law of Value - Your true worth is determined by how much more you give in value than you take in payment.
ii. The Law of Compensation - Your income is determined by how many people you serve and how well you serve them. Your compensation is directly proportional to how many lives you touch.
iii. The Law of Compensation - Your influence is determined by how abundantly you place other people's interests first.
iv. The Law of Authenticity - The most valuable gift you have to offer is yourself. In other words, your authenticity is the most valuable gift that you can offer.
v. The Law of Receptivity - The key to effective giving is having the humility to stay open to receiving. Having big dreams and being curious and believing in ourselves are all aspects of being receptive.
These are not new ideas. Just that most of us understand them only intellectually without living them at a much deeper level - emotionally and spiritually. One of the reasons my clients have created wealth and fulfilling business success is because they get coached to live these principles viscerally instead of these being mere intellectual ideas in the head. That's the magic the authors have weaved with their book. They have made available to us, through the enchanting story, the age-old wisdom in a way that it awakens us from deep within and connects us to our inner knowing. As a result, who YOU are shifts and then everything outside shifts.
Wishing you the joy of deeply fulfilling, joyous stratospheric success. It is not given to a few special ones. It is available to all of us. We are at the source of it. It is an act of creation. Each one of us has an equal opportunity to make the choice to create it in our life.
Then, let me end with wishing you the courage to make that choice.
Write something about yourself. No need to be fancy, just an overview.