2011: A Community of Go-Givers
- Posted by chicagosean
- on December 27th, 2010
The Go-Giver: A Little Story About a Powerful Business Idea
As an admitted Library nerd, every so often I accidentally come across a book that has such a profound message that it is amazing I hadn’t come across it earlier. The Go-Giver by Bob Burg and John David Mann is one such book.
This book is a quick read (I am a slow reader and I finished it in two days), but its message is powerfully laid out via five simple laws – ideally formatted for the Minimalist Trader.
2011 is shaping up to be a big year in Social Media and “The Go-Giver” provides an excellent blueprint for those of us who blog and share information on StockTwits or twitter. If you’re doing it right, you’re noticing that the more value you provide and the more authentically you present it, the more you receive back exponentially.
Howard Lindzon discusses the concept of “Social Credits” (click for an interview) as a new form of currency or street cred. It’s a tough metric to measure, but its power is felt in myriad ways. And it doesn’t matter what your subject matter is. You can be a financial blogger like Josh Brown, aka The Reformed Broker, a motivational force inspiring people to take calculated risks like Tyler Tervooren at Advanced Riskology, or an adventure traveler like Ted Nelson at TravelingTed.tv. Whatever your niche, if you’re passionate about it and you let your personality come through, you can’t help but create value worth sharing while building a store of social credits.
With this in mind, I’m looking forward to creating and sharing more in 2011 and I will be using the Go-Giver’s five laws listed below as my guide. Do yourself and your business a favor and pick up The Go-Giver: A Little Story About a Powerful Business Idea
The Law of Value
Your true worth is determined by how much more you give in value than you take in payment.
The Law of Compensation
Your income is determined by how many people you serve and how well you serve them.
The Law of Influence
Your influence is determined by how abundantly you place other people’s interests first.
The Law of Authenticity
The most valuable gift you have to offer is yourself.
The Law of Receptivity
The key to effective giving is to stay open to receiving.
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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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My name is Sean McLaughlin and I trade my own account from my home office on the Northside of Chicago, IL. I’ve worked at prop firms, started and ran a small hedge fund, was a member of the Chicago Board of Trade, and have learned – the hard way – to seek simpler ways of trading, investing, and living. More »
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