(You’re in for a real treat. In this post, I’m publishing an answer I gave to one of my coaching clients, in which I describe one of my moneymaking strategies. I won’t do this often. So sit back and get ready to take notes.)

Some people, however, wanted a “taste” of what kind of answers I give. Fair question. So I’ve decided to reprint an answer from a question I received the other day from a coaching student.

Question: “Michel, I don’t have a proven product, and I don’t have my own list. What should I do?”

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John Chow recently posted a call to moneymaking British-Columbia bloggers for a newspaper interview in his province. (Too bad it’s not about Canadian bloggers, since I’m in Ottawa, Ontario, and I would have loved the extra publicity).

Nevertheless, this is an interesting topic I wanted to cover in this blog because a lot of people are asking about it. In fact, we discussed it on a call with Clayton Makepeace, entitled “Blogging For Dollars.” People raved so much about the call that they’ve begged Clayton for a second one. (And yes, by popular demand, we’re doing one in March, so stay tuned!)

But let me share, however, some of the things we discussed on the call — along with a few tidbits on how you can make money with a blog.

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When I say that you do not have to drive sharp bargains, I do not mean that you do not have to drive any bargains at all or that you are above the necessity for having any dealings with your fellow men. I Mean that you will not need to deal with them unfairly. You do not have to get something for nothing, but can give to every person more than you take from him.

You cannot give everyone more in cash market value than you take from him, but you can give him more in use value than the cash value of the thing you take from him. The paper, ink, and other material in this book may not be worth the money you pay for it, but if the ideas suggested by it bring you thousands of dollars, you have not been wronged by those who sold it to you. They have given you a great use value for a small cash value.

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A rapid stream ran by the writer’s boyhood home. The stream turned a wooden wheel and the wheel ran a mill. Under that primitive method, all but a fraction of the streams potentiality went to waste.

Then someone applied scientific methods to that stream — put in a turbine and dynamos. Now, with no more water, no more power, it runs a large manufacturing plant.

We think of that stream when we see wasted advertising power. And we see it everywhere — hundreds of examples. Enormous potentialities — millions of circulation — used to turn a mill wheel. While others use that same power with manifold effect.

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This another phase of advertising which all of us have to consider. It enters, or should enter, into all campaigns. Every business man receives a large number of circular letters. Most of them go direct to the waste basket. But he acts on others, and others are filed for reference.

Analyze those letters. The ones you act on or the ones you keep have a headline which attracted your interest. At a glance they offer something that you want, something you may wish to know.

Remember that point in all advertising.

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A person who desires to make an impression must stand out in some way. Being eccentric, being abnormal is not distinction to covet. But doing admirable things in a different way gives one a great advantage.

So with salesmen, in person or in print. There is uniqueness which belittles and arouses resentment. There is refreshing uniqueness which enhances, which we welcome and remember. Fortunate is the salesman who has it.

We try to give each advertiser a becoming style. We make him distinctive, perhaps not in appearance, but in manner and in tone. He is given an individuality best suited to the people he addresses.

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We cannot depend much in most lines on the active help of jobbers or of dealers. They are busy. They have many lines to consider. The profit on advertised lines is not generally large. And an advertised article is apt to be sold at cut prices.

The average dealer does what you would do. He exerts himself on brands of his own, if at all. Not on another mans brand.

The dealers will often try to make you think otherwise. He will ask some aid or concession on the ground of extra effort. Advertisers often give extra discounts. Or they make loading offers — perhaps one case free in ten — in the belief that loaded dealers will make extra efforts.

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