B (34:34)
Positioning is critical. Positioning is something that I think a lot about. I don't think I have it figured out yet, but I have seen how powerful it can be. So let me give you a couple examples. I'll start with positioning for books, and then I'll start talking about positioning for life. So any product, the way that it is positioned and packaged is probably 50% of its success. A couple examples from books. Atomic Habits has a chapter later in it where I talk about deliberate practice. It could have been a book about deliberate practice where I talk about habits, but instead it's a book about habits where I talk about deliberate practice. And I think the way those two books would sell, the difference is enormous. If you don't know what deliberate practice is, it takes 30 seconds to unpack it and describe it. How is it different than regular practice, and so on. You don't get 30 seconds. When somebody's thinking about buying a book, you're not there at the store to explain it to them. So the packaging, the positioning of the book, which I would describe as pretty much anything that you see on the COVID has to sell itself in seven seconds, you know, and just by virtue of growing up in society and being part of the world, you know that having good habits is favorable and having bad habits is unfavorable. And I don't need to sell anybody on that. All I need to sell you on is, hey, if you only read one book about habits, Atomic Habits should be the one. And that's a much different pitch. And so the positioning and packaging makes a big difference. Another example, one that. So Author's Equity is this book publisher that I helped co found. We have a book coming out called the Overthinker's Guide to Making Decisions. And that is basically a book about choices It's a book about choosing and making decisions. It could have been called something else. You know, it could have been called the Decision Guide or the Power of Choice or something. You know, it could have been called that. But the Overthinker's Guide to Making Decisions is a great package. It's a great frame. I have told multiple people about it, and they. The reply to me has been, oh, I need that. And that's usually a sign that you got the packaging right, is that, you know, people are interested in that way. So those are two examples of positioning for products. And I think any. Any product, the positioning and packaging is a critical part of the success. Before I go on to positioning about life, I just want to mention a few things that make for good positioning. So a lot of this is our principles from direct response copywriting. It's a good domain to study or a good place to look for examples. But one of the core principles of direct response copywriting is that you should try to solve or address a timeless and enduring desire that people have and so many books and other products. But I. I think a lot about books, so many books are kind of adjacent to a desire people have. They're not the actual desire. And then you're kind of in this uphill battle where you're trying to convince somebody to pay attention to something that they don't actually care about, but you want to address a timeless and enduring desire. So a lot of what makes for a really good book title is part of what makes for good packaging. So good book titles usually have three or four qualities. The first quality is it addresses a timeless or enduring desire. The second quality is it tells you what the book is actually about, which sounds kind of obvious, but a lot of the time people kind of like keyword stuff. Titles, you know, they say, like, how to make Millions, Be happy and Live the dream. And you're like, that's not even what this book is about. But whatever. The second thing that. Or the third thing that they do is that they are an unmistakable or an ownable phrase. So what that usually means is that it's a little bit weird when you first hear it. A lot of the really iconic book titles, they are phrases that you do not hear elsewhere in life. So man's search for meaning. Basically, you only hear that in the book title. Nobody uses that phrase in daily life. How to Win Friends and Influence People, Even to. Even now, describing it as winning friends sounds kind of odd, you know, but it's. It's odd enough that there's no mistaking what you're talking about. They can own the real estate in the reader's mind. Atomic habits. Before the book came out, you would not describe a habit as atomic. You might have said it was little or small or tiny or something like that, but you wouldn't say atomic. It's a weird way to describe a small habit, but that's good because you can own that phrase. So unmistakable. Addresses a timeless or enduring desire, tells you what the book is actually about. And the final piece is that usually there's an element of contrast, some element of surprise. So rich dad, poor dad, or the life changing magic of tidying up. I thought tidying up was a small thing. Now you're telling me it's life changing. Atomic habits. Tiny changes, remarkable results. You know, you want some kind of contrast between sometimes it's small to big, sometimes it's the easy thing, the easy thing you can do to accomplish the hard thing. But there needs to be some form of contrast. A good example that's not like a self help book or a business book is Astrophysics for People in a hurry by Neil DeGrasse Tyson. I thought astrophysics was something that was going to take seven years and a PhD. No, actually, just read this book in an hour and a half. And so the contrast is something that's compelling. So if you have those four elements, that usually leads to good positioning and packaging. All right, so that's just on the product side. Separately, there's a whole other discussion about positioning, which is like life positioning. How can you put yourself in good positions for things to happen? And there are so many ways that you could do this. I'm sure that you can think of many too. Sometimes it's just about putting yourself in positions for good things to happen. So we talked earlier about sharing your work publicly. Every episode that you publish, every blog post that you put out, every social media post you put up is a little bit of surface area that somebody could discover and you could have some interesting interaction for atomic habits. On launch day, I had an interview on CBS this Morning. And yeah, it was, it was a big. It was a big moment for me because it changed the launch of the book from hey, some guy is releasing a book to this is a thing. You know, here's a piece of national media. It's people are paying attention. Basically it made it feel credible and real. And the way that it happened is I wrote an article, blog post on my site four years earlier called the Physics of Productivity. And it was just me trying to be clever, taking Newton's three laws and applying them to productivity. And it sat there for four years, and it was fine. It was an average article. It didn't go viral or anything, but it did fine. And then a year before Atomic Habits came out, a reporter at the New York Times stumbled across my website and liked it, and they linked to it in an article. Well, some producer at CBS read that article and was like, hey, can we have you come on and talk about those productivity principles? So, so I went on and I did a segment for CBS about a year before the book came out. It was. It was maybe like 10 months or something. And I did that segment for like three minutes, just a little interview. And as soon as it got done, I went to Gayle King and I said, I have a book coming out in 10 months and I want to come back on the show and talk about it when it's ready. And she said, sure, we'll have you back on. You just need to be make sure that we're your first interview. Like, we want to have the first, you know, release. I said, deal. What's your email address? And so I got her email and I sent it to my publisher and we got it all linked up. So when I wrote that article four years earlier, I had no idea that that was going to work out like that, you know, but it was a little bit of surface area. I was putting myself in a position for good things to happen by trying to create something of value in an enduring format. You know, again, we talked about what has a long half life. That blog post had a half life of at least four years. And I put myself in a good position for things to break my way. You don't know how it's going to happen, but, you know, if you try your best each time and you keep creating some surface area, you're going to catch a break at some point. So that's like a business example. There are tons of examples with margin of safety, especially with finances. You know, if you give yourself a large margin of safety, in other words, your expenses for your life are much less than what you're taking in. You can handle a lot of things coming your way. And so that is positioning yourself well for the unexpected elements of life. You know, we have a family situation with some medical stuff, and there were, you know, there was some customized medical equipment that somebody needed because of what they were dealing with. And it's $200,000 and it's like some huge expense. But if you give yourself a huge margin of safety and you've been saving for years. You don't know what that's going to be, right? It could be that. It could be. I. So one of my little things that I'll say sometimes is like, life is going to come for you. You just don't know when. You don't know when it will be your turn. But it will come for you. There will be something. So that that expense was not our turn. But a couple years later, my wife fell and broke her knee into four pieces, and I had to take six months off of work. I'm, like, super thankful to previous James. Right, like James from 10 years earlier that built this business where I could actually take six months off of work to take care of her and the kids. Because what was I going to do if I didn't have that margin of safety? But I put myself in a position where I was able to make that happen. And so each year I look at my position both in terms of, like, flexibility and in terms of finances, and I just. I don't really even care about our net worth that much. What I care about is, am I in a stronger position this year? You know, like, as long as each year it's getting a little bit stronger, the margin of safety gets a little bit larger, um, the ability to handle stress or uncertainty gets a little bit better. Then you know, you're positioning yourself better each year. And so there are lots of ways to apply that positioning concept.