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Business Bull Riding with Jeffrey Hayzlett: What is your ‘118’?

Business Bull Riding with Jeffrey Hayzlett: What is your '118'?

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By Jeffrey Hayzlett, from his book, The Mirror Test: Is Your Business Really Breathing?

The 118 is my version of what some people still call “the elevator pitch” — an out-of-date name for the worthy idea that you need to see what your company offers (and you)_ in the span of an elevator ride.

The 118 comes from the 118 seconds you actually have to pitch: 8 seconds to hook me and up to 110 seconds to drive it home. The first eight seconds is the length of time the average human can concentrate on something and not lose some focus. It is also the length of time of one of the toughest rides in the world: a qualified ride in professional bull riding. In these first eight seconds, you must be compelling, strong, and focused to be successful. You must hold on as one of the meanest, toughest animals in the world tries to throw you off — just like any good prospect will. Make it those 8 seconds and I’ll give you 110 more to drive your message home with no bull. But if you have not sold me at the end of the 118, I will start to tune out. At that point, we are moving forward to a sale or not.

I speak at hundreds of meetings, conferences and events worldwide every year, and I am constantly amazed by the inability of entrepreneurs, business owners, their managers, or their sales and marketing representatives to deliver a great, relevant 118.

The 118, like the elevator pitch before it, sells much more than a business’s products or services and unique selling pro[position (USP). It is an essential piece in building your brand.

Purchase replay: THE MIRROR TEST: A New Way To Look At Your Company’s Marketing and Sales Strategy. Presented by Jeffrey Hayzlett, bestselling author, celebrity CMO, digital thought leader and cowboy.

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Other quotes from Jeffrey Hayzlett:

Your marketing will and should reflect the personality of your company, and if you are not genuine, you won’t last very long.  Anyone who says otherwise is just trying to sell you something.

So it is with social media and will be again with the next “big thing” in marketing. Hard and fast, it too shall come again, startling us with its power and speed and forcing us to mistake it for something it can never be: the be all, end all.

You may not think customers are always right, but now they are always in charge.

Conversations are about talking and listening and then acting

The Holy Grail of Marketing is the one-to-one relationship.

Think “story” not “Placement.”

Scale is the new black. Leverage everything to make many out of one.

Make your business as transparent as possible.

Buzz is not sales.

 

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