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How Benjamin Franklin Got His First Fifty Customers

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31–33 of 33 posts

Re: How Benjamin Franklin Got His First Fifty Customers

#31

>>>and stated it as a scheme of a number of friends, who had requested me to go about and propose it to such as they thought lovers of reading Wow. That's right out of the later playbook of Edward Bernays. Set up a fictional committee that "endorses" something in order to enhance its marketing.

I think the point is less about social proof here and more about understanding that a good portion of rejection from investors and prospects could simply be the way you are pitching elevates you above their level, and their natural ego -based response will be to reject it, find holes in it, etc... If you want to succeed at pitching investors or finding customers, it would do you well to check your vanity at the door,…

That is lying. Dishonesty is effective; that doesn't make it honesty.

Re: How Benjamin Franklin Got His First Fifty Customers

#32

I'm not sure this would help you with raising VC or angel money, in fact it would probably hurt you. All VCs are looking to invest in the next Bill Gates, Steve Jobs, Mark Zuckerberg, etc. They believe, probably more than they should, in the cult of personality school of investing. If anything you'd probably want to act toward them as if you did it all yourself.

Interestingly enough Ben Franklin actually agrees with you earlier in the book. "Most People Dislike Vanity in Others, Whatever share they have of it themselves; but I give it fair quarter wherever I meet with it, being persuaded that it is often productive of good to the possessor, and to others that are within his sphere of action."

Be strict with what you put out, be lenient with what you meet.

Re: How Benjamin Franklin Got His First Fifty Customers

#33

Earlier quoted context omitted.

Ben Franklin claimed he ate rocks?

No, Tesla claimed Tesla ate rocks in his autobiography. And many more interesting claims, like that Tesla always knew his own weight to the pound, and quit smoking in a day by deciding to. (The smoking claim is actually the most believable, but it's mixed in with silly claims about eating rocks and "abs like a crocodile". I'm serious.)

On the weight thing, as a former wrestler I can always guess my weight within a pound. I'm feeling 191 ... strips naked ... 191.

Did have to strip naked to get the number I wanted though.

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