Brand and Business Leverage Through Book Publishing

Brand and Business Leverage Through Book Publishing

Brand and Business Building?

When you think of the word brand, what comes to mind, and where does it fit in your business-building strategy?

In layperson’s terms, a brand is about the widely held perception by which a business becomes known. It is usually seen in the slogan or tag accompanying a business name.

A typical example is Nike, who is known for the slogan – 'Just do it!' Nike is associated with decisiveness and action without excuse. Another is Coca-Cola, which is supposedly ‘The real thing.’

Now, whether you believe that or not is another thing, these slogans are used to frame the perception a company wishes you to hold when thinking about them. It is all too easy to come up with desirable, flashy concepts that appeal to the minds of onlookers and retail customers, and it's quite another thing to live by it.

Brand Building through Book Publishing

Similarly, in the book publishing world, it is relatively easy to rank as a bestseller once you understand the criteria and maths involved. It is possible to manipulate the statistics in your favour. 

For example, if an author buys 5000 of their own books from Amazon, well, that equates to 5000 sales and potential bestseller status. There are many who have done that for the status and to frame the perception of their onlookers. A best seller speaks to sales but not necessarily impact.


Image Source: Amazon

This type of practice can end up as a gimmick that will eventually come back to bite if your reason to do it is purely to sell rather than impact your audience.

With this all-important issue, book publishing can plug a much-needed gap, and when done properly, you can have the best of both worlds. After all, becoming a best seller means greater exposure, visibility, and publicity, which is valuable, especially when its roots are in the objective of impacting lives with applied knowledge that works.

With book publishing, you have the opportunity to help people view you as an expert in your field. So, let’s loop back and review why you may wish to publish a book as part of building your brand and, therefore, your business.

Why Publish a Book?

A book is a vehicle for organising, articulating, and publishing your message of expertise so that many can be helped where they struggle with the problems your expertise can solve. It imparts insight into the nature of those problems and provides clear steps by way of the solution that can be applied.

Some of the most influential books are those that share the author’s journey with the struggles they have now found solutions to. Why? Because experience is more powerful than theory alone. In terms of the customer journey, it helps with that part of the journey where they get to know, like, and trust you.

When you take that knowledge embedded within the personal journey of your struggles and discoveries and combine it with real-world case studies and examples of successful application, it helps to break the isolation of their journey reader further. It enables them to know that there is a possible solution.

Your book is the articulation of your solution, and it showcases your expertise and ability to solve problems your audience may be seeking. It amplifies your authority and credibility and allows your reader to test-drive your solution.

Many may seek your skilled input beyond a DIY application if your insights speak to the gaps in their application, and they are able to start to change the trajectory of their life and business.


Image Source: Scribe Media

Stepping out into Authorship

Unpacking your expertise
A great place to start is to unpack your knowledge and expertise onto paper in no particular order. This is often referred to as a brain dump. From that place, you can then start to organise your notes under categories or themes. If you try to do both at once, it may slow the process down. For a bit of fun, why not use an egg timer and do it against the clock to sharpen focus?

If you have got this far, you are doing well, but it is a wasted effort if you do not go on to complete this process. Research shows that approximately only 3% of people go on to complete the writing of their book.

There could be many reasons, including perfectionism, writer’s block, uncertainty about the process, and low confidence. Some people express themselves better in writing than verbally; for others, it is the other way around. Maybe, for some, the ‘imposter syndrome’ sets in because they perceive it to be too prestigious.

Things that could help are being interviewed by someone or recording your expressions in order to retain your voice and style of expression. Alternatively, you could consider getting someone to write your book once they have grasped the core points of your message. This is something that footballers and managers do. They hire ghostwriters to help them get their books out there. There are many ghostwriters, whether for fiction or non-fiction. 

You could go to a freelance site like fiverr. On the other hand, if you are a changemaker, you might prefer a more personalized approach compared to a traditional commercial approach to ghostwriting, so that would require more in-depth research to find someone who resonates with your criteria and will assist you throughout the process to break the overwhelm.

Authorship via Books
You can learn how to write a book by picking up the books of those who have inspired you and observing their literary style and organisation of expertise. Here is an example of one regarding leadership.

Authorship via Book Fayres
If you prefer the offline world where you can meet people face to face, you should visit a book fayre. They will cover everything from writing to publishing and promoting. Many agents and dealers will be advertising their publishing services.

Authorship via Teaching
The process of publishing a book can be daunting for many, so it may be unsurprising that only about 20%  go on to publish their book.  After all, beyond the writing and publishing of your book, there is the promotion to think about as well.

You might wish to enroll in an online masterclass in order to become an author, and there are many out there from those who want to be the next Malcolm Gladwell or otherwise.  

Authorship via Online Summits 
Suppose you want to garner the wisdom of people across the globe. In that case, online summits are a great idea because they focus on sharing the knowledge and experiences of many authors, which will bring many different facets to your authorship journey.

Some are paid in that either you pay to attend, or if you take part as one of the speakers, there is an expectation to cross-promote the event and the other speakers with a financial reward. In other words, the speaker becomes an affiliate of the summit.

There are others that are not so. These types of summits draw those who genuinely want to share and simply encourage you to share with no expectation of reward, which I prefer these days and have contributed to. 

Roger Bannister Effect

The great thing about exposing yourself to people who have been there and done it is that when you see so many authors who have gone before you who have just done it, it helps to raise the belief that it can be done and that you can do it. I often refer to this as the Roger Bannister Effect.


Image source: Wikimedia

Roger Bannister broke the 4-minute mile, and when he did so, many went on to break it because, in his accomplishment, his demonstration broke the limiting belief that it was impossible. Nelson Mandela is often quoted as saying, “It always seems impossible until it's done.”

Publishing

There are a few options depending on how much control you want over the editing, marketing, and royalties. You might decide to self-publish and get your book on Kindle and Amazon. 

You can also get help publishing your book on Amazon and Kindle through freelance sites, which is an obvious starting place for many who are starting out. If you decide to use Amazon as a start, consider how you will capture the contact details of prospective readers first so you can grow your audience, not just your book sales.

You might wish to hire a publisher who will offer in-house publishing and promotional services. You might even consider a major publisher if you have an already established audience, but be prepared for less control and royalties.

I recall writing my first book publishing project, and I will share this experience on my personal blog at some point, as there were many things that went well and things that did not, but it was a valuable experience, one that I can build on. 

The key thing is to get started. There is no substitute for experience; you can always iterate and improve as you go along. So now it's your turn.

Become an author of your expertise and turn the impossible into possible so that you can make a difference and impact the lives of those seeking what you have to offer.

 

 

About: Anita Narayan. (United Kingdom) My life's work is about helping individuals to greater freedom through joy and purpose without self-sabotage, so that inspirational legacy can serve generations to come. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.
 

 

 

 

 

 

David https://markethive.com/david-ogden

THE ESSENCE OF ENTREPRENEURSHIP

THE ESSENCE OF ENTREPRENEURSHIP

 

 

The entrepreneurial spirit is a gift that inspires others to become the best they can be. Entrepreneurship is the act of starting a business, and it requires creativity, drive, and the ability to solve problems. 

An entrepreneur takes a risk and works hard to make money. There are many types of entrepreneurs. Some start businesses from scratch, and others buy already-established companies. Some entrepreneurs work alone, while others need employees to help them run their businesses. 

The word “entrepreneur” comes from the French word “entreprendre,” which means to start or undertake a business venture. Although it can be a lot of work, entrepreneurship is rewarding and very fulfilling. The essence of entrepreneurship is having a dream and a vision for changing the world, being willing to take risks, and sometimes being misunderstood. 

Also, be willing to put in the work, put in more than those around you, and be ready to be the one who is not afraid of the darkness but rather the one who steps into it first. Entrepreneurship is more than just having a great idea and starting a business; it’s about changing lives and improving our world.

 

 

From passion and positivity to leadership and ambition, here are the entrepreneurs that best define the entrepreneurial spirit.

Armour Of Entrepreneur – Main Features

Passion

No one embodies the word "passion" quite like Richard Branson, founder of the Virgin mega-brand. Part of Branson's passion lies in his insatiable appetite for starting companies. Founded in 1970, the Virgin Group has expanded to more than 200 companies, ranging from music, publishing, mobile phones, and even space travel. "Businesses are like buses," he once said. "There's always another one coming."

Positivity

Jeff Bezos knows the power of positive thinking. Living by the motto that "every challenge is an opportunity," Bezos set out to create the biggest bookstore in the world with a little internet startup called Amazon.

Adaptability

Having the ability to adapt is one of the greatest strengths an entrepreneur can have. Every successful business owner must be willing to improve, refine and customize their services to continually give customers what they want.

Leadership

A good leader is someone with charisma, a sense of ethics, and a desire to build integrity within an organization–someone who's enthusiastic, team-oriented, and a great teacher. All of these attributes were embodied by the late Mary Kay Ash, founder of Mary Kay Cosmetics, a company that has helped more than half a million women fulfill their dreams of owning a business.

Ambition

At age 20, Debbi Fields didn't have much. She was a young housewife with no business experience, but what she did have was a great chocolate chip cookie recipe and a dream to share it with the world. 

Fields opened her first Mrs. Field's store1977, despite being told she was crazy to believe a business could survive solely on selling cookies. Fields' headstrong determination and ambition helped her grow her little cookie store into a $450 million company with more than 600 locations in the U.S. and 10 foreign nations.

 

Once More – The Main FIVE

– Passion, Positivity, Adaptability, Leadership, Ambition

Most of it you cannot learn from books. It is in your character, in your experience, and in your life journey. 

You hear it all the time from famous entrepreneurs: Long before they were running multimillion-dollar companies, they were flexing their entrepreneurial skills by selling lemonade on the corner, building gadgets in their garage, or hosting weekly college beer pong tournaments. It seems that behind every successful mogul is a kid who grew up knowing they were born for business.

 

If you notice where those who represent some of the most successful entrepreneurs come from, much of the world is missing out. In many countries, private business was interrupted by political developments – it was sometimes very limited, often totally prohibited. In some parts of the world, it was not possible for teenagers to sell products house-to-house or set up their first small business in a garage.

Those who spent their youth in countries with limited opportunities now have to catch up with many. Sometimes it's like jumping on a moving train and not knowing where the train is going. And that's why people from these countries, without business tradition or continuity, need something extra. A good dose of :

 

  • Courage 
  • Enthusiasm
  • Self-confidence
  • Persistence
  • Support of their loved ones

While they often lack the money for investment to have a good start, if they have true entrepreneurial courage in their hearts and can mobilize their energy, then with a little luck, they have a chance of success. 

 

 

 

David https://markethive.com/david-ogden

Elon Musk buying Twitter

The social network Twitter was opened to the public almost 16 years ago, on July 15, 2006. It allows users to post and read posts posted by other users, known as tweets.
US billionaire Elon Musk has agreed to buy the Internet company Twitter for $ 44 billion. The company announced it 25th April 2022. Musk will gain control of the influential social network used by millions of people around the world. Following the completion of the transaction, Twitter shares will be withdrawn from the exchange they entered in 2013.

Already in early April, Musk announced that he had bought a 9 percent stake in Twitter. In mid-April, he came up with an offer to take over the entire company. The company said today (25th April) that its board of directors unanimously approved the transaction.

Now the agreement has yet to be approved by shareholders and regulator.
According to Musk, it is necessary for Twitter to be transferred to private ownership in order for it to develop and become a real platform for free expression.

"Freedom of speech is the foundation of a functioning democracy, and twitter is a digital square where fundamental issues for the future of humanity are discussed," Musk said in a press release to Twitter today. "Twitter has huge potential. I look forward to working with this company and the user community to leverage it," he added.

The future of Twitter is uncertain,  boss Twitter CEO Parag Agrawal told employees after announcing the deal. 
The takeover is expected to be completed within a few months, with Musk indicating for a long time that he wants to fundamentally change the way the social network works with tens of millions of users around the world.
However, the details of his plans, which apparently concern the moderation of the content and transparency of the platform, are not clear, which is also reflected in Agrawal's words. "Once the agreement is reached, we do not know which direction the platform will go," he told Reuters.
According to Musk, it is necessary for Twitter to be transferred to private ownership in order for it to develop and become a real platform for free expression.

Comments from web:

And it has recently been written that shareholders will try to dilute Musk's share and somehow prevent a "hostile" takeover. Suddenly he buys Twitter. The turnaround is really interesting.

….
As the rich man begins to buy the media, his entry into politics approaches.

                           Thanks for reading

                                                                Margaret

 

David https://markethive.com/david-ogden

What is cryptocurrency?

What is cryptocurrency?

 

Bitcoin is a form of cryptocurrency 

Cryptocurrency is a form of digital money that is designed to be secure and, in many cases, anonymous. It is a currency associated with the internet that uses cryptography, the process of converting legible information into an almost uncrackable code, to track purchases and transfers. Cryptography was born out of the need for secure communication in the Second World War. It has evolved in the digital era with elements of mathematical theory and computer science to become a way to secure communications, information and money online. The first cryptocurrency was bitcoin, which was created in 2009 and is still the best known. There has been a proliferation of cryptocurrencies in the past decade and there are now more than 900 available on the internet. Here's everything you need to know about cryptocurrencies. 

How do cryptocurrencies work? 

Cryptocurrencies use decentralised technology to let users make secure payments and store money without the need to use their name or go through a bank. They run on a distributed public ledger called blockchain, which is a record of all transactions updated and held by currency holders.

Units of cryptocurrency are created through a process called mining, which involves using computer power to solve complicated maths problems that generate coins. Users can also buy the currencies from brokers, then store and spend them using cryptographic wallets. Cryptocurrencies and applications of blockchain technology are still nascent in financial terms and more uses should be expected. Transactions including bonds, stocks and other financial assets could eventually be traded using the technology.  

What are the most common cryptocurrencies? 

  • Bitcoin:
     
    Bitcoin was the first and is the most commonly traded cryptocurrency to date.  The currency was developed by Satoshi Nakamoto in 2009, a mysterious figure who developed its blockchain. It has a market capitalisation of around $45 billion as of July 2017. 
  • Ethereum:
     
    Developed in 2015, ethereum is the currency token used in the ethereum blockchain, the second most popular and valuable cryptocurrency. Ethereum has a market capitalisation of around $18bn as of July 2017. However, ethereum has had a turbulent journey. After a major hack in 2016 it split into two currencies, while its value has in recent months reached as high as $400 but crashed briefly to as low as 10 cents.
  • Ripple:
     
    Ripple is another distributed ledger system that was founded in 2012. Ripple can be used to track more kinds of transactions, not just of the cryptocurrency. It has been used by banks including Santander and UBS and has a market capitalisation of around $6.3 billion.
  • Litecoin: 
    This currency is most similar in form to bitcoin, but has moved more quickly to develop new innovations, including faster payments and processes to allow many more transactions. The total value of all Litecoin is around $2.1 billion.

Why would you use a cryptocurrency?

Cryptocurrencies are known for being secure and providing a level of anonymity. Transactions in them cannot be faked or reversed and there tend to be low fees, making it more reliable than conventional currency. Their decentralised nature means they are available to everyone, where banks can be exclusive in who they will let open accounts.  As a new form of cash, the cryptocurrency markets have been known to take off meaning a small investment can become a large sum over night. But the same works the other way. People look to invest in cryptocurrencies should be aware of the volatility of the market and the risks they take when buying.

Chuck Reynolds


Marketing Dept
Contributor
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden

Why the feds took down one of Bitcoin’s largest exchanges

Why the feds took down one of Bitcoin’s largest exchanges

Tracing Mt. Gox’s stolen coins led feds to Alexander Vinnik

  This week, one of Bitcoin’s largest and most notorious coin exchanges

was brought down by law enforcement — and police and prosecutors are now beginning to explain why. On Thursday, the Department of Justice unsealed an indictment against Alexander Vinnik — thought to be the operator, or one of the operators of Bitcoin exchange BTC-e — charging him with 21 counts of money laundering and other related financial crimes. The counts range from operating an unlicensed money transmittal business to a variety of money laundering charges, including laundering associated with ransomware payouts and a theft from the now-defunct Mt Gox exchange. More generally, the indictment paints BTC-e as a hub of criminal activity, laundering the proceeds of everything from drug trafficking to ransomware attacks.

As some suspected, Vinnik’s alleged crimes go beyond just operating the exchange. Feds believe he played a role in the theft of more 800,000 bitcoin — about $400 million at the time — from Mt. Gox, a staggering loss that ultimately shuttered the exchange. According to the indictment, 530,000 of those bitcoin ended up passing through wallets controlled by or associated with Vinnik, although his role in the larger scheme remains unclear.Vinnik’s alleged crimes go beyond just operating a Bitcoin exchange

Vinnik himself is in custody, arrested while on vacation in Greece, but the Bitcoin world is still sorting through the larger implications of his arrest. BTC-e was one of the last major exchanges outside the reach of conventional finance, and now that it’s gone, it’s unclear what might replace it. There are many legitimate uses of Bitcoin, but Bitcoin transactions have also become essential for online crime — whether it’s ransomware or Silk-Road-style online marketplaces. There will continue to be demand for exchanges like BTC-e, and ____. With feds directly targeting exchanges that don’t play by the book, the split between the two halves of Bitcoin is becoming starker and starker.

BTC-e, founded in 2011, always stood out as an anomaly among the major Bitcoin exchanges. Even a cursory look at BTC-e flagged it as a little strange. “Their exchange prices always seemed weird and out of line with every other exchange, and I had wondered why,” Matthew Green, a professor at Johns Hopkins University told The Verge in an email.

Nicholas Weaver wrote at Lawfare that BTC-e was noted for its “sketchy ownership and control.” The exchange was supposedly located in Eastern Europe, but there were no clues as to who ran it — until now.300,000 bitcoin from Mt. Gox went to wallets tied to “BTC-e administrative accounts” But the big surprise in the indictment is how closely tied BTC-e is to a massive theft at Mt. Gox, one that eventually bankrupted the exchange in 2014. Founded in 2010, Mt. Gox dominated the Bitcoin world for years, at one point processing 80 percent of all bitcoin-to-currency transactions. Mt. Gox first suffered a multimillion-dollar theft in June 2011. When the exchange collapsed in 2014, the equivalent of nearly half a billion dollars was unaccounted for.

On Wednesday, in the wake of the arrest of Vinnik, WizSec published a blogpost presenting the findings of an investigation into the Mt. Gox thefts that they have apparently been preparing for years. According to WizSec, the Mt. Gox hot wallet private keys were stolen sometime in 2011, and the hacker (or multiple hackers) continued to steal bitcoin through 2012 and 2013. The bitcoin were laundered through wallets controlled by Alexander Vinnik. The indictment claims that 300,000 bitcoin were stolen from Mt. Gox went directly to three connected BTC-e accounts “directly linked” to “BTC-e administrative accounts” that only BTC-e admins and operators could have had access to.

At least one of the accounts — under the name “Vamnedam” — was controlled by Vinnik and “others known and unknown.” (The “others known” are either not named in the indictment or have been redacted from the published document.)Many of the charges allege more straightforward money laundering" More bitcoin from the theft were sent to other Mt. Gox wallets and wallets at a third exchange — the now-defunct Tradehill, which operated out of San Francisco, California. From there, they eventually ended up at BTC-e, in an account that was directly controlled by Vinnik. WizSec also claims that the wallets that laundered Mt. Gox coins also handled “coins stolen from Bitcoinica, Bitfloor and several other thefts from back in 2011 and 2012.”

It’s not clear whether Vinnik was directly involved in the Mt. Gox theft, or how close he is to any of those previous thefts, or even the CryptoWall ransomware hackers whose funds he is accused of laundering. But when it comes to Mt. Gox, at least, BTC-e’s proximity to the theft is fairly suspicious.“Anybody who thought about this for a second understood that law enforcement was working on a case against BTC-e" While the Mt. Gox allegations are the most eye-catching, many of the charges that brought down BTC-e allege more straightforward money laundering. The very first count listed in the indictment is for operating an unlicensed money-transmitting business: a criminal charge based on failing to register with FinCEN, an intelligence network that’s mandatory for all financial companies dealing with US customers.

Participating in FinCEN comes with a range of requirements, from registration to internal anti-money laundering programs. Since 2013, it’s been clear that Bitcoin exchanges had to follow those same rules, and for the most part, exchanges have complied — and prosecutors haven’t been shy about filing charges against services that don’t. In recent years, BTC-e has been the largest Bitcoin exchange not registered with FinCEN, a distinction that made it an obvious target for law enforcement, even without Vinnik’s alleged Mt. Gox involvement. “Anybody who thought about this for a second understood that law enforcement was working on a case against BTC-e,” said Jerry Brito, executive director of Coin Center. “The question was just whether the government would catch them.”“designed so that criminals could effect financial transactions under multiple layers of anonymity”

Where other counts in the indictment focus on money transfers linked to theft and ransomware, the first two — operation of an unlicensed money transmitter and conspiracy to commit money-laundering — focus on the technological capabilities of BTC-e itself, claiming that the exchange had a “criminal design.” “BTC-e’s system was designed so that criminals could accomplish financial transactions with anonymity and thereby avoid apprehension by law enforcement or seizure of funds,” the indictment says, pointing out that BTC-e only required “a username, password, and an email address,” unlike “legitimate payment processors or digital currency exchangers.” The indictment also points to suspicious usernames like “ISIS,” “CocaineCowboys,” “blackhathackers,” “dzkillerhacker,” and “hacker4hire” as additional support for the money-laundering allegations.

The language in the indictment about BTC-e’s “criminal design” mimics the indictment against Liberty Reserve — an anonymous currency service taken down by law enforcement in 2013 — which also accused the online exchange of having a “criminal design” and a system “designed so that criminals could effect financial transactions under multiple layers of anonymity.” (The Liberty Reserve indictment also took the time to point out that account names on the site included “Russia Hackers” and “Hacker Accounts.”) BTC-e’s website claimed that they required customers to provide proof of identity — namely, a scanned ID card and a scanned utility bill or bank statement — and forbid any US customers, letting them off the hook for FinCEN registration. But neither turned out to be true, according to the indictment.“Exchanges will go one of two ways. Either they’ll clean up their act… or they’ll go fully underground.”

Now that BTC-e is down for good, it could have a profound impact on the criminal ecosystem more broadly. BTC-e handled about 5 percent of total Bitcoin transactions, but recent research found that as much as 95 percent of ransomware cashouts happened through the platform. With most comparably sized exchanges already registered under FinCEN, the takedown could make it both harder and riskier for criminals to cash out — something law enforcement seems to be counting on. In the same Lawfare piece, Weaver says he thinks taking down BTC-e “will probably prove more important than the AlphaBay and Hansa takedowns” in fighting online crime. For Bitcoiners less invested in law enforcement’s war on dark web marketplaces, the lesson is a more ambiguous one. Cornell professor Emin Gun Sirer says the focus on FinCEN compliance could lead to a lasting split in Bitcoin markets, as exchanges face the choice of whether to comply with US government demands.

“Exchanges will go one of two ways,” Sirer says. “Either they will clean their act, by first shopping for the most lenient jurisdictions and complying with relevant KYC/AML laws, or they'll go ‘fully underground,’ and operate with no rules, behind Tor and other anonymous communication technologies. The most colorful drama ahead will involve exchanges, such as Bitfinex, that operate in the gray zone, where they seem to neither comply with relevant laws nor go fully underground.” For a technology with a surrounding community built on libertarian ideas, that may be a difficult pill to swallow. But as the past week has made clear, those that don’t will be taking a very serious risk.

Chuck Reynolds


Marketing Dept
Contributor
Please click either Link to Learn more about -Bitcoin.

David https://markethive.com/david-ogden