Key Person of Influence (Revised Edition) Summary

Key Person of Influence (Revised Edition)

The Five-Step Method to become one of the most highly valued and highly paid people in your industry
by Daniel Priestley 2010 202 pages
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1.6K ratings

Key Takeaways

1. Become a Key Person of Influence (KPI) in Your Industry

"Until you are a Key Person of Influence in the industry you love, your full-time job is to become one."

What is a KPI? A Key Person of Influence is someone who is well-known, highly valued, and well-connected within their chosen field. They attract opportunities, earn more money, and have the power to make projects successful.

The KPI Method: To become a KPI, focus on five key areas:

  1. Perfect your pitch
  2. Publish your ideas
  3. Create products
  4. Build your profile
  5. Form strategic partnerships

Benefits of being a KPI:

  • Increased income and opportunities
  • Greater recognition and status
  • More enjoyment and fulfillment in your work

2. Master the Art of Pitching Your Ideas

"A perfect pitch often results in a strikeout. But when it comes to the perfect pitch made by an entrepreneur looking to launch a product or company – well, that perfect pitch often results in a home run."

Craft a compelling pitch: Your pitch should clearly communicate your value, uniqueness, and the problem you solve. It should be engaging, provocative, and contagious.

Elements of a strong pitch:

  • Articulate the problem and how you noticed it
  • Explain the impact of the problem
  • Present your solution
  • Provide proof or credibility
  • Ask for what you want
  • Leave people uplifted and excited

Practice and refine: Continuously work on your pitch, seeking feedback and refining it until it becomes second nature. Remember, if your pitch sounds too rehearsed, you haven't rehearsed it enough.

3. Publish Your Insights to Establish Credibility

"It's no coincidence that the word 'authority' has the word 'author' in it."

Why publish? Publishing your ideas establishes credibility, demonstrates expertise, and helps you gain ownership over your niche. It also allows people to learn more about you and your ideas without direct interaction.

Types of publishing:

  • Books
  • Articles and blogs
  • Podcasts
  • Video content
  • Reports and white papers

Tips for effective publishing:

  • Focus on your unique insights and experiences
  • Choose a format that suits your strengths and audience
  • Consistently produce valuable content
  • Use publishing as a tool to connect with other influencers in your field

4. Create Valuable Products to Scale Your Impact

"Money moves towards hot products."

Product ecosystem: Develop a range of products and services that work together to maximize value for your customers and your business. This could include:

  • Digital products (e.g., online courses, apps)
  • Physical products
  • Productized services
  • High-value implementation solutions

Product development strategies:

  • Solve a specific problem for your target audience
  • Focus on implementation, not just information
  • Create products for different price points and customer needs
  • Continuously innovate and improve your offerings

Remember: Your products should be an extension of your ideas and values, helping you scale your impact and income.

5. Build a Strong Personal Brand and Online Presence

"You are who Google says you are."

Importance of online presence: In today's digital world, your online presence is often the first impression people have of you. A strong profile helps you attract opportunities, convert leads, and establish yourself as a KPI.

Building your online presence:

  • Utilize social media platforms (e.g., LinkedIn, Twitter, Facebook)
  • Create and maintain a professional website or blog
  • Share valuable content consistently
  • Engage with your audience and industry peers
  • Optimize for search engines

Goals of building your profile:

  1. Generate leads and inquiries
  2. Convert leads into sales
  3. Increase customer spending
  4. Boost purchase frequency
  5. Reduce marketing costs
  6. Enhance your overall brand

6. Leverage Partnerships for Exponential Growth

"The spirit of partnership generates a multiplier effect. Rather than two people competing over how to slice a pie, they work together to build a bakery and produce more pies than they know what to do with."

Power of partnerships: Partnerships allow you to leverage others' resources, expertise, and networks to achieve exponential growth. They can open doors to new opportunities and markets.

Types of partnerships:

  • Affiliate partnerships
  • Co-promotion agreements
  • Product creation collaborations
  • Joint ventures
  • Strategic alliances

Keys to successful partnerships:

  • Focus on creating win-win situations
  • Clearly communicate expectations and terms
  • Be reliable and follow through on commitments
  • Continuously look for ways to add value to your partners

7. Embrace Resourcefulness and Take Action Now

"Resources show up after Resourcefulness."

Overcome the illusion of limited resources: Your success is more dependent on your resourcefulness than on the resources you currently have. Focus on what you can do with what you have, rather than what you lack.

Cultivate resourcefulness:

  • Ask better questions
  • Expand your network
  • Be willing to stretch into the unknown

Take action now: Don't wait for the perfect time or conditions to pursue your goals. Commit to becoming a KPI and start taking steps today.

Overcoming obstacles:

  • Embrace the power of momentum
  • Surround yourself with supportive people
  • Stay focused on your "Big Game"
  • Regularly reignite your passion for success

Remember, becoming a Key Person of Influence is a journey that requires consistent effort and dedication. By focusing on these key areas and taking action, you can position yourself as a leader in your industry and unlock new opportunities for success and fulfillment.

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