The Latest Gold Rush
gold nugget

Dear Rain,

With the big push for online social networking, I could spend all my time online, posting and responding to a myriad of sites. Where is the balance of human interaction when promoting my services as a coach?



Dear Reader,

This is a question close to home! It’s so easy to get lost in the world of the internet. Social networking reminds me of the gold rush of the 1900’s. Everyday more and more people join in hoping to make a fortune. Everyone seems to be doing it, writing a book about it and teaching a course about it. They say it is a wonderland of easy money, yet there is something about it that makes me wonder....

What really happened in the gold rush wasn’t a pretty picture.

Most miners worked all day hoping to strike it rich and still left or died broke. Historians say only 1% of those who struck large amounts of gold were able to create ongoing wealth with it. The rest used it within a few years. The real long term winners of the gold rush were the merchants. Store owners and makers of tent canvas pants (Levi Strauss) made fortunes and continued to do so for years afterwards.

This may seem a little off topic, however there is an invaluable lesson to be learned in this history. A golden nugget, if you will.

There are 3 stages to a gold rush:

Stage One: Make it rich with the gold.

Stage Two: Make it rich teaching how to pan (with supplies, of course) for gold.

Stage Three: Make it rich selling the story of hidden gold.

A lot of folks doing really well with social networking are selling money-making programs that teach you how to use these social networking sites, promising it will make you rich. What stage do you think we are in?

Once the market is flooded, it becomes a challenge to recreate the first stage that the experienced early miners are now trying to sell you. So the push is there, but by whom?

Personally I love social networking. Since I spend every work day on my computer, I truly enjoy the short interruptions that remind me there is someone out there who I like and who is wanting to connect with me. It wasn’t this way in the beginning, however. In the beginning there was so much to learn and so many people. I started with 30 friends, thinking, I have never had more than 30 friends in real life, how could more than that be manageable? Over time as my friends are now in the hundreds, I have found my balance through listening to my own energy and staying with groups that support me as I support it. (Thank you AT friends!) It is through that kind of energy exchange that creates balance.

As a coach, think about how you feel when you are interacting with your potential clients in person. What do you LOVE about it? Now think about your time when you do social networking. How does that kind of interaction feel? What do you LOVE about it? Let’s use the Wow Factor Scale to see where your energy is. On a scale from 1- 10, 1 being, “I need this to stop this now.” and 10 being, “Yahoo! give me more,” what is the number when you think about meeting people in person to attract coaching clients? What is your number when you think about internet social networking to attract coaching clients? Focus more time on the networking plan that gives you a bigger Wow.

Now ask yourself, would you spend all day networking in person? Why not?

What is it about the internet (with the exception of living in PJs) that creates a feeling of networking longer? As I have written before, I am…"learning to live an authentic life, moment by moment; choice by choice." When you are looking for balance with the time you spend on the computer connecting, and the time you spend with real people connecting, what is your authentic choice? What do you really want to do, in this moment?

Just as much as people have made a ton of money through the internet so have many people have made a ton with personal contact. There are people who still dig for gold today because they absolutely love it, and there are those who decided to do something else. Where do you want to be when the gold rush is over?

smiles and inspiration!

Rain

You can find out more about Rain and life coaching at her website

www.CoachingwithRain.com

Copyright 2008 by Rain Fordyce

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