Jon Spoelstra Archives

Yesterday, I wrote about one idea from Jon Spoelstra’s book Ice To The Eskimos.

Well, brace yourself, because today, I got… another. Says Spoelstra:

“Pay bonuses for failure”

Spoelstra believed that the best companies any business could imitate were high-tech companies, because high-tech companies have to constantly innovate.

How do you innovate?

You gotta have ideas.

How do you have ideas?

You gotta get over the notion that’s been beaten into so many of us — via previous jobs, via decades of being at the mercy of professional teachers who accomplished nothing in life except a teaching diploma, and via that smarty-pants girl named Lydia, who always raised her hand in class, and was so smug about it — that there is always a right answer and a wrong answer, and while it’s good to have the right answer, it’s catastrophic to have the wrong answer.

In other words, people are afraid of failure.

Of sounding and looking dumb.

Deadly afraid of it.

Not good for coming up with new ideas.

So you gotta coax them out of their hardened protective shell.

Spoelstra’s method was to actually pay people extra for failing ideas. If somebody on his team tossed out an idea that went on to be a proven failure, the tosser-outer would get a monetary prize.

This is how the Nets (the NBA team Spolestra was working with) came up with innovations of all kinds — some small, others worth millions of dollars to the franchise, all of them previously unimaginable to anyone.

I read this. And I told myself, “I should try doing the same.”

Then I told myself, “No, that would be crazy. It would never work.”

Then I told myself, “Perfect. Sounds like a great experiment to try.”

So here’s my offer to you today:

Send me an idea. If it fails, I’ll send you $100.

A few added rules to give some structure to this offer:

1. Let’s limit the scope to ideas about how I could make more money, specifically via this newsletter, or the courses and trainings I’ve created for it, or the coaching I offer on and off.

2. I will pay you $100 if I actually put your idea in practice and find it does NOT work.

For that to happen, your idea has to be credible enough and tempting enough that I actually want to give it a try.

As a negative example, “Sell meth via email” sounds vaguely criminal, and I would not want to attempt it, even if it’s to prove you wrong.

As a second negative example, ”Start a YouTube channel” is so broad, open-ended, and intimidating-sounding that I would not choose to tackle it, even though there might be a perfectly failing idea hiding there.

3. What do you get if I try out your idea and it turns into a smashing success? You get the pleasure of seeing your intelligence manifested in the world. Plus, I will put you on the throne of the kingdom of Bejakovia for a day, and all the happy citizens will know your name, and the great deeds you have accomplished.

So there you go.

$100 for your failing idea.

Take a bit of time. Think about what you know about my newsletter, my assets, my skills. Think about what you know about internet marketing in general.

Come up with an idea how I could do better. Send it to me. And if it fails, it pays.

Yesterday, I was flying from Girona, Spain to Zagreb, Croatia. It was not a pleasant flight. I tried to distract myself by opening up a valuable marketing book I’ve been reading:

Ice To The Eskimos, or, How To Market A Product Nobody Wants

I’ve been at this book for a couple of weeks already. I’m a very slow reader, which means I’ve just started chapter 5.

“Finally,” I said to myself as I started reading. “Now we’re getting into the sexy stuff, getting new customers!”

But that’s a classic mistake I was making.

Sure, the chapter 5 stuff sounded sexy.

But there were 4 chapters that the author thought were more important to write about before that.

The author of this book is Jon Spoelstra. Spoelstra was a sports marketer who was brought in to boost sales at the New Jersey Nets back in the 1990s.

Here was Spoelstra’s first and most important lesson:

Back in the early 90s, the New Jersey Nets were the worst team in the NBA. They had no stars. They even had no kind of home team advantage — New Jersey residents support the New York Knicks. To top it all off, there was a legitimate curse on the franchise.

The owners brought in Spoelstra to try to turn things around.

They told him to devise a strategy to lure people from Manhattan to buy Nets tickets. After all, Manhattan is so rich and so near, and so full of people hungry for entertainment.

Spoelstra refused.

He called it his Ulysses Method.

Spoelstra plugged up the owners’ ears with wax. He lashed himself to the mast of the Nets ship, so he would not be tempted to heed the siren song that leads to certain ruin, trying to woo customers from a sexy segment of the market where he just. could. not. win.

Instead, Spoelstra focused on unsexy New Jersey. Result:

The Nets went from zero sold-out games the year before Spoelstra was hired, to 35 sold-out games a few years later.

During the same time, the Nets also managed to increase revenue from local sponsorships from $400k per year to more than $7 million per year.

How Spoelstra achieved this is clever and worth knowing, and Spoelstra’s book is worth reading.

But none of it would have mattered much if not for the basic Ulysses Method.

I’m telling you this because I needed being told this myself.

When I first read Spoelstra’s chapter about the Ulysses Method, I impatiently sped through.

“Sure of course makes sense. But not really relevant to me. I am in no danger of chasing after markets where I can’t win.”

A few days passed. With a bit of space and time, I slowly realized Spoelstra’s warning applies very directly to me, and to stuff I’m trying to do now.

So I’m sharing the Ulysses Method with you now, because maybe you can use it as well.

All right, on to my offer to you for today:

If you feel you never learned the fundamentals of copywriting, and you’ve just been winging it based on what you’ve observed others doing, then my Copy Riddles program might be the fix you’re looking for.

Copy Riddles covers the A-Z of copywriting in 20 individual rounds.

Each round covers a specific copywriting topic or technique. The topics and techniques get progressively more sophisticated and rarefied as the 20 rounds go on.

But just like with Spoelstra and his Ulysses Method, the most important stuff is right there in rounds 1 and 2.

Internalize just those two rounds, or have them internalized for you, simply by following the Copy Riddles process, and you will be ahead of 95% of the people who call themselves professional copywriters, including many who make a good living at it.

For more info on Copy Riddles:

https://bejakovic.com/cr/