Hello Reader,
We trade value between 6 currencies of exchange:
A far deal trades one of these 6 currencies for another, at a rate of exchange that benefits everyone.
Living in New Zealand, I often have to exchange monetary currencies. Somebody pays me in US Dollars, and I have to convert that currency into New Zealand dollars to buy something at a local store.
The conversion rate between these currencies can fluctuate. On some days, $1 USD is worth $1.57 NZD. Other days, it's worth $1.65. The rate of exchange between these currencies is determined by the market, and the going rate fluctuates up and down.
Looking beyond the currency of 💰 Money 💰, there are also currencies of 😃 Happiness 😃, 🏅 Reputation 🏅, 📣 Attention 📣, ⏰ Time ⏰, and even 💡Innovation 💡.
If you want to make a trade, from happiness to money, or time for reputation, you decide what is a fair trade.
What's a fair trade? As Publilius Syrus said, "Everything is worth what it's purchaser will pay for it." If you can find someone to make an exchange and agree it's a fair deal, then that's the going rate.
If you're having a hard time making an exchange, here's an easy hack: donating one of these currencies can incentivize a trade between two others.
The Rule of Thumb - give generously four times before you make a request - uses the donation of 💡Innovation 💡 and 📣 Attention 📣 to earn the right to request 💰 Money 💰 or ⏰ Time ⏰ .
When I held a Virtual Book Launch Party for the #MarketingYourselfBook last week, I was asking people to donate ⏰ Time ⏰ and 📣 Attention 📣. In return, I offered 😃 Happiness 😃 and 💡Innovation 💡. We played some fun games and had a great time.
This weekend, I contacted everyone who had written an endorsement for the book, and asked them to copy/paste their review onto Amazon.
This was a delicate exchange. I was asking them to donate time ⏰ Time ⏰ to give me 🏅 Reputation 🏅.
So I wanted to make their donation of ⏰ Time ⏰ as minimal as possible. I copy/pasted their pre-written review from my Endorsements page, and sent them the link to leave an Amazon review. Instead of asking them to re-do their work, the burden of my request was much lighter, since all they had to do was copy/paste and click.
(Click that link above if you'd like to give me 5 stars! ⭐️ ⭐️ ⭐️ ⭐️ ⭐️ )
(You can also leave a review on Goodreads, if you prefer.)
All this week, I will be exchanging 🏅 Reputation 🏅 for 📣 Attention 📣. Whenever someone posts on the #MarketingYourselfBook hashtag, I make sure to like, comment, and share the post.
If you'd like to join the conversation, click to review and contribute to:
To everyone who bought a book or left a review, THANK YOU! I appreciate your support.
If you'd like to join the club, click to get your copy of Marketing Yourself.
Generative AI improves your Productivity, Creativity, and Strategy - but only if you build the GenAI Habit. Learning how to incorporate GenAI Training into your day will help knowledge workers prepare for the future of work.
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