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143. The Hype Handbook, an Interview with Author Michael F. Schein

143. The Hype Handbook, an Interview with Author Michael F. Schein

FromThe Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics


143. The Hype Handbook, an Interview with Author Michael F. Schein

FromThe Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

ratings:
Length:
55 minutes
Released:
Mar 12, 2021
Format:
Podcast episode

Description

Do you think that hyping up yourself or your business is a good thing, or does it feel a little shady to you? Join me in this episode of The Brainy Business as I interview Michael F. Schein, author of the book The Hype Handbook: 12 Indispensable Success Secrets from the World's Greatest Propagandists, Self-Promoters, Cult Leaders, Mischief Makers, and Boundary Breakers, who, among many other topics, discusses his take on that and how he personally believes hype to be a good thing. After Michael featured The Brainy Business in Psychology Today as the #1 psychology podcast that every businessperson should listen to, he was also kind enough to send me an advanced copy of The Hype Handbook, which is full of great stories across history and different disciplines. I read the book and loved it and couldn't wait to talk with him on this podcast about the 12 ways businesses can use hype to find their audiences and create a dedicated following. In today’s episode, Michael offers invaluable tips and advice such as positioning yourself against ideas with which you disagree, packaging and branding yourself effectively, being confident in your own unique way, embracing theater and drama, using facts and figures in a way that is not boring, and so much more. We also touch upon topics that have been discussed in past episodes of The Brainy Business, such as herding, biases, framing, and many others. I hope you love everything recommended via The Brainy Business! Everything was independently reviewed and selected by me, Melina Palmer. So you know, as an Amazon Associate I earn from qualifying purchases. That means if you decide to shop from the links on this page (via Amazon or others), The Brainy Business may collect a share of sales or other compensation. Time Stamps [0:00] – Introduction to this episode's guest, Michael F. Schein. [3:15] – Michael shares his background, explaining how he got into the business he's involved in now and why he wrote The Hype Handbook. [5:51] – Melina praises The Hype Handbook, pointing out that she loves the connections that it makes throughout history. [8:29] – Melina and Michael comment on the problem with trying to copy what others have done in that it's not going to be innovative when you do it. [10:48] – Michael explains why he used the word hype in his book title and what the word means to him, giving hip hop music as an example of something that has had to use hype to succeed. [13:18] – Melina mentions her favorite TED talk and talks about the importance of appreciating your first follower. [14:02] – Michael offers abstract art as an example of something that was generally hated when it first came out but is now so popular it’s almost mundane. [15:48] – Michael discusses the first strategy from the book – make war, not love – emphasizing that it's the foundation on which the other 11 strategies are built. [19:04] – Michael suggests positioning yourself against an idea that a lot of people seem to share in your industry, which you fundamentally disagree with (there are followers waiting for whomever is first to speak up). [20:10] – Michael shares Basecamp as an example of how positioning yourself against ideas works and is powerful. [22:56] – Melina points out that even though Basecamp is user friendly, some people do still prefer more complex systems. [24:15] – Michael expounds upon another one of his strategies – packaging and branding. [26:18] – We learn that we should focus on our weaknesses rather than our strengths and see if there is a way to turn the weaknesses into strengths. [28:47] – Melina and Michael agree that confidence in things such as pricing is crucial. [30:55] – Michael mentions his Psychology Today article in which he named The Brainy Business as the #1 psychology podcast businesspeople should listen to. [33:44] – Michael provides his insight on survivorship bias and the importance of hyping yourself up. [36:24] – Michael offers Tony Robbins as an example of someone who fits his
Released:
Mar 12, 2021
Format:
Podcast episode

Titles in the series (100)

Consumers are weird. They don't do what they say they will do and don't act how we think they "should." Enter Melina Palmer, a sales conversion expert with a personal mission to make your business more effective and brain friendly. In this podcast, Melina will take the complex concepts of behavioral economics (the study and science of why people buy - or not) and provide simple, actionable tips you can apply right away in your business. Whether you're a small business or thriving corporation, Melina's tips can help your business increase sales and get more customers.