Early to Rise Saturday
September 18, 2004
By Michael Masterson

Today: 

* 4 things that all successful ads have
* The only important thing to look for on a "healthy" 
bread or cereal label
* Do you remember what life was like in the U.S. in
1958?

Plus:

* This Week's Most Compelling "Speak Out" Topic
* This Week in Early to Rise
* This Week's Pop Quiz
* Answers to This Week's Pop Quiz

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WEALTH

How to Write a Moneymaking Ad

About 20 years ago, David Ogilvy observed that
successful print advertisements have certain
characteristics -- and these observations still hold
true:

* Copy has priority over illustration.
* Body copy is set in serif type.
* Copy is set in three columns, 35 to 45 characters
wide.
* Copy is set in black type on a white background.

You can't go wrong by sticking to the basics. Direct
marketing is based on selling through words, and good 
print advertising emphasizes that by giving the words 
priority and making them easy to read.

Forget about clever. Disdain awards given for ads
that are "different." Your purpose as a marketer is
to create sales by communicating strong ideas.


HEALTH

Is "Country Garden Seven-Grain, Cracked-Wheat,
Stone-Ground, Natural Harvest Bread Good for You?

When you're shopping for healthy bread and cereal,
don't be fooled by a deep-brown color or by terms
such as "multigrain," "cracked wheat," "seven-grain," 
"stone-ground," "100% wheat," or "enriched flour."
Instead, look for only one thing on the label: "100%
whole grain." The manufacturer can't use that phrase
unless the main ingredient in the product is a whole
grain (wheat, rye, etc.).

If you can't find 100% whole grain, look for a
product that contains the highest percentage of
whole-grain ingredients. 

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WISDOM

Bill Bonner Remembers 1958

"Back in 1958, America was a not only a net exporter
 . . but  the largest net exporter in the world.
Now, it is the largest importer.

"Back in 1958, America was the world's largest
creditor. Now it is its largest debtor -- with a net
financial deficit of $4 trillion dollars.

"Back in 1958, the national savings rate was over
10%. Today . . . it is near 1%.

"Back in 1958, total debt in the U.S. was under 150%
of GDP. Today it is over 300% . . . a level never
before seen.

"Back in 1958, a gallon of gas cost . . .  what . . . 
we don't recall, but we remember spending 25 cents
for a gallon only a few years later. We also remember 
someone coming out to pump the gas and clean the
windshield while we waited. 

"We're not saying 1958 was better. Back then, if you
wanted to buy a house or a car, you had to save up to 
make a down payment. And we had to watch Amos & Andy
or The 
Honeymooners on TV; we had no reality shows or
celebrity boobs at half time. And you couldn't come
down here to Nicaragua and work in an air-conditioned 
office as though 
you had never left home.

"In 1958, our family built a house. We do not recall
any hassles with zoning boards, building inspectors,
environmental panels or other busybodies. Our father
designed it and built it himself . . . following his
inner architect. It is still standing . . . as big an 
eyesore as ever.

"And when Eisenhower spoke, you didn't have the
pleasure of trying to figure out how the sentences
fit together or what they meant; they were pretty
straightforward. And you didn't have the thrill of
trying to guess what the dollar would be worth next
year . . . or how America could possibly pay its
bills. 

"Nor did we have the benefit of at least 80% of the
laws now on the books. People were still allowed to
call each other names or make jokes without going to
jail. You could still 
drive around country roads and throw beer cans out
the window.

"And can you imagine . . . when you took a trip on an 
airplane, you were treated as though you were an
important customer, rather than someone bent on the
destruction of the planet. There were no x-rays . . . 
no body searches . . . no moronic questions . . . no
Homeland Security. In fact, there was no Homeland at
all . . . just a big, open, free, cheap, solvent,
loony and agreeable country we called America.

"We miss it."

(Source: Bill Bonner's "Daily Reckoning")


This Week's Most Compelling "Speak Out" Topic

In the General Discussion forum of our website, the
thread titled "Marketing Question/Scenario: A
Temporarily Free Service?" has the potential to be
interesting and useful. Long in to share your
thoughts on the matter.
(http://speakoutforum.com/forum/viewtopic.php?t=307)

Do you have a comment or question on this -- or any
other topic that would be of interest to your fellow
ETR readers? Post it on "Speak Out"

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This Week in Early to Rise


9-13-04 Proven Secrets for Super Successful Meetings

Ram Charon, author of "What the CEO Wants You to
Know," tells us that the reason many business
meetings fail to come up with a workable game plan is 
that though it looks as if the group has come to a
general agreement, what they have really done is
bought into "silent lies and a lack of closure." The
way to avoid that problem is to make sure that
everyone at the meeting is part of the
decision-making dialogue -- and, usually, that means
you have to limit the number of people involved. 


9-14-04 What You Can Learn From Kilwin's Ice Cream
Shop About Attracting Customers

Two stores directly across from each other provide an 
interesting study. The first, "The Nutrition
Cottage," is a medium-sized health food store
featuring nutritional supplements, vitamins,
groceries, and a juice and coffee bar. The second,
"Kilwin's Chocolates and Ice Cream," is a small shop
offering "old fashioned" candy and ice cream. How are 
they doing?


9-15-04 What Is a "Good Investment"
 
What makes a "good" investment? How do you know if
one particular investment opportunity is better than
another? What are the important factors to consider
when deciding whether an investment is "good" or
"bad"? Specifically, what do you need to know? Today, 
Dr. Steve Sjuggerud answers those questions.


9-16-04 What Is Holding You Back? Are You Putting Off 
Your Dreams?

How are you doing with your transformation? Are you
moving forward at a rewarding rate? Or have things
slowed down recently? Is your life visibly changing
the way you want it to? Or are you still stuck with
the same problems?


9-17-04 The Solution to High Gas Prices 

You've been working hard at a blue-collar job for
years and, suddenly, you've got a big problem: You
just had a heart attack. What do you do now? As
Justin Ford tells us today, the answer for Peter P.
was real estate.


This Week's Pop Quiz

How much do you remember about some of the things you 
learned this week in ETR? The answers to this week's
Pop Quiz are at the end of today's message.

Part I:

1. In my experience, there is a limit to the number
of people that can effectively deal with a particular 
problem or issue. As a result, depending on the
intended purpose of a business meeting, it's a good
idea to limit the number of people who attend. My
rule for roundtable meetings, for example, is "no
more than eight." What is my recommendation for
brainstorming sessions? (a) 3, (b) 6, or (c) 12.
(Message #1213)

2. In Message #1214, we looked at two businesses in
downtown Delray Beach, Florida -- Kilwin's Chocolates 
and Ice Cream and Nutrition Cottage. I suggested
several reasons why Kilwin's is doing much more
business than its neighbor across the street. How
many can you remember?

3. In simplest terms, you can rate an investment by
looking at its risk vs. return ratio. In other words, 
the lower the risk and the higher the expected
return, the better the investment. True or False?
(Message #1215)

4. If you feel that you've made pretty good progress
toward achieving your goals but are currently
stalled, you need to admit to yourself that you have
probably slipped into a "comfort zone" -- a way of
seeming to be making progress without really getting
anywhere. What is the best way to get out of this
rut? (a) Just sit and wait and, eventually, you will
have a breakthrough, (b) forget this goal and try
something else, or (c) take action. (Message #1216) 

5. In Message #1217, Justin Ford told us the story of 
Peter P., who tells us that one of the secrets of his 
success as a real-estate investor is to "drive slow." 
What does he mean by that?

Part II: Quick Tips/It's Good to Know

6. One good reason to use a credit card instead of
cash/check is because, under the federal Fair Credit
Billing Act, if you have a problem concerning
merchandise or services that you have charged, the
credit-card company will step in to try to resolve
the situation. True or False? (Message #1213)

7. One 12-ounce can of soda has the equivalent of
almost (a) 2 teaspoons of sugar, (b) 10 teaspoons of
sugar, or (c) 2 cups of sugar. (Message #1214)

8. You can qualify for a reverse mortgage on your
house if (a) you're over the age of 62, (b) you're
over the age of 72, or (c) you are no longer living
in the house. (Message #1215)

9. In the U.S., the marketing business is (a)
growing, (b) dying, or (c) at a standstill. (Message
#1216)

10. In Message #1217, we made the point that many
people earn less than they could because (a) they
lack skills, (b) they don't work hard enough, or (c)
they have low self-esteem and a fear of failure.

Part III: Word to the Wise

11. You might use the word "dialectic" when
describing (a) a discussion, (b) a piece of art, or
(c) a haircut. (Message #1213)

12. To "peregrinate" means to (a) raise homing
pigeons, (b) study a subject in depth, or (c) travel
from place to place. (Message #1214)

13. A "placebo" has something to do with (a) making
maps, (b) testing drugs, or (c) composing music.
(Message #1215)

14. A "compendium" is (a) a short, complete summary,
(b) a long, drawn-out explanation, or (c) a series of 
footnotes. (Message #1216)

15. If I were to describe you as a "functionary," I
would mean that you are a worker who holds an office
or performs a particular official function. True or
False? (Message #1217)


Answers to This Week's Pop Quiz

1. a - When it comes to brainstorming, I have found
that three is the perfect number for generating
breakthrough ideas.

2. (1) Kilwin's has its irresistible products in
plain sight, while Nutrition Cottage uses signs
posted in the window to try to promote them. (2)
Kilwin's has a fan blowing the aroma of chocolate
into the street and offers free samples, while you
can't even see inside Nutrition Cottage. (3) Kilwin's 
sells one thing and one thing only: delicious sweets. 
Nutrition Cottage has a mixed message of health
products, smoothies, and coffee.

3. True 

4. c - Nothing you can tell yourself, nothing you can 
say to others, nothing you can think or feel or
imagine is going to get you out of the mental bog
you're mired in. The only thing that can rescue you
is action. Physical, get-up-and-do-something action.

5. Peter has identified two neighborhoods where he
finds the best value and growth potential. Whenever
he drives home from just about anywhere, heâ??ll cut 
through one of them. Other times, heâ??ll zigzag
through the two neighborhoods specifically looking
for new â??for saleâ?? signs. And heâ??ll drive
slow. He knows not just most but every single
property thatâ??s for sale in these neighborhoods -- 
whether they're listed by a real-estate agency or by
an owner -- just about the moment they become
available. This has allowed him to act on rare
opportunities the moment an under-priced property
appears on the market. And thatâ??s key . . .
because properties offering good value donâ??t tend
to stay on the market long. 

6. True 
7. b
8. a

9. a - In 2004, U.S. businesses will spend $168
billion on advertising (television, cable, radio,
Internet, magazines, and signage -- not including
direct mail), according to PriceWaterhouseCoopers
Global. That's up about $13 billion from last year.
Projected spending is $175 billion next year and $186 
billion in 2006. 

10. c
11. a - A "dialectic" is an exchange of logical
arguments.
12. c

13. b - A "placebo" is an inactive substance that is
used as a control in a test to determine the
effectiveness of a drug.

14. a
15. 

Michael Masterson
Copyright ETR, LLC, 2004

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