Marketing Brain Trust

Rest assured that no matter how smart you are, you do not know everything about marketing. You don't even know anything about marketing your product! You can't figure everything out yourself, or see all the angles, or provide every bit of critical thinking.

The solution? Create a marketing brain trust.

Use the mastermind principle which says more brainpower brought to bear on an issue means more ideas and greater insight. Gather together a mixed bag of thoughtful, intelligent people who have an interest in helping you create breakthroughs in your enterprise.

Adding brains to the brain trust produces non-linear results. Breakthrough results. Unreasonable results. Quantum Results. Because of the interactions among several people's ideas bouncing off each other, the increased thinking- effectiveness can be multiplicative or even exponential.

Enroll people into your marketing brain trust. Find people who have a vested interest in your success, or the success of your business. You can't have a great brain trust unless people are truly committed.

Your marketing brain trust can take different forms. If you want it to be official (and tax deductible) call it your Board of Advisors. Make it the board's job to help you pilot your venture. You can even ask each advisor to be accountable for a specific segment of information or knowledge, but their real role and true benefit is to work as a group - to release the mind synergy.

Meet periodically - monthly or quarterly - in person, or by phone, video conference, the Internet, or some combination. Check in with individual brain trust members between meetings. Keep them up to date on your progress; let them know how you are doing. You can pay your advisors and honorarium, or give them options on future ownership.

A different approach is to form a marketing mastermind group. This is less formal and less committed than a Board of Advisors. Gather the mastermind members together periodically and provide refreshments - dinner or perhaps just a case of wine. (I find that red is better than white for masterminding.) Entertain them while they ponder specific issues with you.

The job of the marketing mastermind is to bring alternate perspectives, help you create ideas, and in general, think things through in a way that looks differently than you would yourself.

Let your master-minders know topics in advance, and provide them with appropriate backgrounders to get their creative juices flowing. You may also ask them to suggest topics based on what they already know about you.

Try to make this group diverse. Your mastermind members need not be familiar with your particular business; in fact they need not be business people at all. Get artists, scientists, musicians, technologists, writers, humanitarians, hackers, theologians, philosophers, and psychologists - all sorts of creative thinkers, along with marketers, entrepreneurs and executives, to complement those members familiar with your specific business.

You should limit the size of your mastermind group to no more than ten or twelve people, although you can get started with as few as three or four. Really, any number is going to be an increase over just you.

Lastly, create a simple Roster of Marketing Brains. This is the network of friends, associates and acquaintance you can call on who are expert thinkers in specific areas, and might have some vested interest in seeing you succeed. Some of these people you barter with, some do it because they think what you are up to is cool and going to make a difference in the world, some of them you pay as consultants. You may never gather all these people together at once, but assemble them in ad-hoc groups to tackle whatever issues are at hand.

These three marketing brain trust formats are not mutually exclusive; you might have them all. After all, the when it comes to creative minds, the more the merrier.

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To find out more about kicking your marketing strategies into high gear to increase your sales and profits, get in touch with Paul Lemberg at http://www.marketingsuccessdaily.com

In The News:


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Updated : Sat, 11 Oct 2008 11:50:43 GMT

Mugabe Hands Ministries to His Party - New York Times


Voice of America
Mugabe Hands Ministries to His Party
New York Times - 52 minutes ago
By CELIA DUGGER JOHANNESBURG - In a step likely to lead to the collapse of a painstakingly negotiated power-sharing deal, Zimbabwe's Robert Mugabe, in office for 28 years, has unilaterally declared that his party will retain the most powerful ...
Mugabe 'gives Zanu-PF key posts' BBC News
Zimbabwe's Mugabe hands key ministries to his party Reuters
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Publ.Date : Sat, 11 Oct 2008 10:57:49 GMT

Paulson Indicates Need to Purchase Bank Equity `Soon as We Can' - Bloomberg


Ottawa Citizen
Paulson Indicates Need to Purchase Bank Equity `Soon as We Can'
Bloomberg - 7 hours ago
By John Brinsley and Rebecca Christie Oct. 11 (Bloomberg) -- US Treasury Secretary Henry Paulson indicated that pumping government funds into banks is a priority and said financial markets will remain volatile.
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Publ.Date : Sat, 11 Oct 2008 04:21:05 GMT

McCain calms supporters, urges respect for Obama - Los Angeles Times


The Associated Press
McCain calms supporters, urges respect for Obama
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Publ.Date : Sat, 11 Oct 2008 09:04:20 GMT

Morgan Stanley, Goldman May Gain Investment From US Treasury - Bloomberg


Wall Street Journal Blogs
Morgan Stanley, Goldman May Gain Investment From US Treasury
Bloomberg - 7 hours ago
By Christine Harper Oct. 11 (Bloomberg) -- Morgan Stanley and Goldman Sachs Group Inc., the biggest independent US investment banks, may reap cash infusions as part of Treasury Secretary Henry Paulson's plan to buy stakes in financial institutions, ...
As Stock Falls, Morgan Looks to Japanese Bank New York Times
Morgan Stanley hangs on Mitsubishi's $9bn pledge guardian.co.uk
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Publ.Date : Sat, 11 Oct 2008 04:30:39 GMT

Thai protest leaders released on bail, vow new rallies - AFP


GulfNews
Thai protest leaders released on bail, vow new rallies
AFP - 20 hours ago
BANGKOK (AFP) - Leaders of Thai anti-government protests were granted bail Friday after surrendering to police and immediately vowed new rallies, raising fears of mounting turmoil days after deadly street clashes.
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Publ.Date : Fri, 10 Oct 2008 15:31:03 GMT

Palin violated ethics law, inquiry concludes - International Herald Tribune


Washington Post
Palin violated ethics law, inquiry concludes
International Herald Tribune - 1 hour ago
By Serge F. Kovaleski NEW YORK: Sarah Palin, the Republican vice-presidential candidate, abused her powers as governor of Alaska by pressuring subordinates to try to get her former brother-in-law, a state trooper, fired, according to an investigation ...
Palin ethics lapse cited Los Angeles Times
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Publ.Date : Sat, 11 Oct 2008 09:58:28 GMT

Stevens's Reputation 'Sterling,' Powell Says - Washington Post


Washington Post
Stevens's Reputation 'Sterling,' Powell Says
Washington Post - 8 hours ago
By Del Quentin Wilber Former secretary of state Colin L. Powell told jurors in the corruption trial of Sen. Ted Stevens yesterday that the powerful Alaska Republican had a "sterling" reputation among the nation's military and political leaders.
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