Cover: Inked: the ultimate guide to powerful closing and sales negotiation tactics that unlock yes and seal the deal, Jeb Blount

Praise for Harvey’s Seven New York Times Best-Selling Books

“If anyone can ‘write the book’ on sales success, it’s Harvey Mackay. He is a proven leader in sales. My advice: Follow the leader to a stellar sales career!”

—John C. Maxwell

“Harvey Mackay is a champ at sales—and he doesn’t pull any punches with his heavyweight advice.”

—Muhammad Ali

“In today’s world the only thing that you have going for you is YOU. But are you the best YOU you can be? Now a book that can guide you to be more and have more.

—Suze Orman

“Don’t share this book with your competition; share it with your people. I’m going to do just that. Will it make a difference? Your competitors won’t like the answer.”

—Ken Blanchard

“There are three kinds of business experts. There’s an expert, there’s a world-class expert, and there’s Harvey Mackay—THE world-class expert.”

—Jeffrey Gitomer

“A mother lode of timely, hard-earned, bite-size, street-smart golden nuggets . . . invaluable for job seekers, employed or unemployed.”

—Stephen Covey

“He is fast, smart, funny . . . and frighteningly right.”

—Gloria Steinem

“Harvey’s business acumen shows through on every page. . . .There’s so much warmth, wisdom, and wittiness in this book that it would be well for everyone to read every page.”

—Billy Graham

“Harvey Mackay is the only person I’ll listen to while standing in shark-infested waters . . . real stories from the real world with real solutions.”

—Larry King

“Harvey Mackay is one of the greatest writers of our time.”

—Norman Vincent Peale

“Enjoy Harvey’s cookbook for success. . . . It gives the reader the best of his wisdom . . . truly the best kind of chicken soup for anyone and everyone in business and in life.”

—Mark Victor Hansen and Jack Canfield

Other Titles by Harvey Mackay




Swim with the Sharks Without Being Eaten Alive

Beware the Naked Man Who Offers You His Shirt

Dig Your Well Before You’re Thirsty

Pushing the Envelope: All the Way to the Top

We Got Fired! . . . And It’s the Best Thing That Ever Happened to Us

Use Your Head to Get Your Foot in the Door

The Mackay MBA of Selling in the Real World

You Haven’t
Hit Your
Peak Yet!

Uncommon Wisdom
for Unleashing Your Full Potential





Harvey Mackay

Wiley Logo












To my loving parents, Jack and Myrtle Mackay, who were my first teachers. Without their love and guidance, I would probably have never made even the first step that would lead me eventually to the exciting career I have been lucky enough to enjoy. Thanks Mom and Dad—you always were the best!

To my amazing family, my beloved wife, Carol Ann, and our children, David, Mimi, and JoJo—who have taught me so much over the years. Many people have great families, but I know each and every one of mine is truly extraordinary in so many ways, and they will always be the very heart of my life.

To my 11 grandchildren, each of whom I love dearly, and who have kept me up-to-date on this always-changing world we inhabit. These kids teach me something new every day and are the perfect recipe for staying young at heart!

To our employees who have continued over many years to make us all proud of how much we will do to keep our customers happy. They take unbelievable pride in manufacturing something as simple, but necessary, as an envelope and have made us all proud to say we are MackayMitchell Envelope Company.

To my readers and audiences, whose feedback inspires me.

To my friends, who always make me practice what I preach.

Foreword

I’ve had the pleasure of calling Harvey Mackay my friend for more than 35 years, since he recruited me—hard—to consider a job coaching the University of Minnesota Golden Gophers football team.

Once you meet Harvey you never forget him. He has a tremendously commanding presence. He’s the kind of guy who could convince the Saudis to buy sand.

In December 1983, I was fired from my job coaching the University of Arkansas football team. Harvey called me on the phone within hours, singing the praises of his alma mater. In his signature style, he managed to get me to visit the Twin Cities in the dead of winter and convince me that it was the warmest place on earth.

The only thing I knew about Minnesota was that every time I looked at the back page of USA TODAY, the temperature there was in the single digits or teens, sometimes above zero. Minnesota had lost 17 of 18 games by an average score of 47–13. Harvey is such a salesman that he told me the Gophers only lost to Nebraska by 10. He forgot to mention it was 10 touchdowns. The school was without a head coach not because it was taking its time and being choosy, but because the five people to whom it had offered the job had all turned it down.

Harvey picked me and my family up at the airport and the wind chill was 45 degrees below zero. He knew I hated cold weather, so he threw a raccoon coat around me, a raccoon coat around my wife, Beth, stuffed the two kids in the backseat of the car, drove us to the downtown Marriott, and kept us in the hotel for two solid days of negotiations. He never let me go outside once. And he wouldn’t take no for an answer.

We ended up having a wonderful two years in Minnesota and took the Gophers to a bowl game in our second season and beat Clemson. The people were friendly, the fans exuberant, and the climate not quite arctic. Plus Harvey and I became best friends. We joke that we’re like brothers from another mother.

I suspect some of that affinity stems from the fact that we are both extremely competitive. For example, we have played more than 100 rounds of golf together, and we have a traveling trophy to mark the occasions. To protect the identity of the innocent, I won’t tell you what the stats are.

This competitive streak started for Harvey at a young age. He was a champion golfer in high school and won two St. Paul City golf championships and was runner-up in the State High School Championship when he three-putted the last hole. And he has never forgotten that. He went on to play varsity golf for his Minnesota Gophers. He also won the state table-tennis championship for 16 and under. He has run 10 marathons and was the number 1 ranked senior tennis player in Minnesota.

Harvey has carried that spirit through to his business life. And now he’s once again sharing his best strategies with his readers.

Harvey has done it all. He took a failing envelope company and built it into the $100 million MackayMitchell Envelope Company in Minneapolis. In addition to his seven New York Times best-selling books—three that hit #1—he’s been writing his nationally syndicated column since 1993. He’s also one of the best speakers I’ve ever heard and is in several speakers’ halls of fame. Toastmasters International named him one of the top five speakers in the world.

Harvey has made giving back to his community a priority in his life. For seven long years, he was the chairman of the Hubert H. Humphrey Metrodome task force in Minneapolis, and was rewarded by throwing out the first baseball when that stadium was built. He played a key role in landing the 1992 Super Bowl for Minneapolis, and he was a catalyst in obtaining an NBA franchise for the city—the Minnesota Timberwolves.

Harvey has been a board member of more than 20 nonprofit organizations committed to helping people and communities, and has served as president of many of these organizations. He was president of the Minneapolis Chamber of Commerce, Envelope Manufacturers Association, and the national University of Minnesota Alumni Association. Harvey was a member of the Board of Trustees of Robert Redford’s Sundance Institute for 12 years, and served on the boards of the Minnesota Orchestra, Guthrie Theater, American Cancer Society, and American Heart Association, to name only a few.

Perhaps his biggest honor was receiving the coveted Horatio Alger Award in the Supreme Court Chambers. This prestigious award is given to distinguished Americans “who demonstrate individual initiative and a commitment to excellence, as exemplified by remarkable achievements accomplished through honesty, hard work, self-reliance, and perseverance.”

What I like best about Harvey is his fanatical attention to detail and his follow-through. If he promises you something, he always delivers more. When I left Minnesota, he told me he’s my 9–1–1 for anything I need. And boy, has he delivered.

Few people know it, but Harvey has told me plenty of times that if he had his life to do over again, he would be a high school or college coach because he loves to share his knowledge or, as he calls them, street smarts.

I beg to differ: Harvey has already been a coach all his life. He’s been coaching millions of people through his books, speeches, and nationally syndicated column. Now he’s written what I think is his best book yet. As the title says, You Haven’t Hit Your Peak Yet! Harvey was born to write this book, and maybe he’s finally reaching his peak. This book is a culmination of his illustrious business career.

As I’ve already mentioned, Harvey is a super salesman. Well, I believe a coach is fundamentally a salesperson. Before I became a coach, I was a salesman in the business world, and one of the most important lessons I ever learned was: “You don’t sell anyone. You help people get what they want.”

Harvey has spent his entire life helping people get what they want. He has once again shared the kind of wisdom that they don’t teach in school, covering an incredible range of topics that will help everyone from aspiring entrepreneurs to seasoned pros hit their peak. It’s a long climb, and Harvey is there every step of the way.

I could go on for pages about what this man can do, but I think I should let his words speak for him. Soak up his lessons and go tackle that mountain!

—Lou Holtz

Sports commentator, analyst, and Hall of Fame football coach

Acknowledgments

At the top of the peak for helping with this book was Mary Anne Bailey, who has been part of my “kitchen cabinet” since the 1990s. Her help in researching, organizing, fact checking, and proofreading was insurmountable. She has a mastery in polishing prose and is a consummate professional with unlimited knowledge and patience.

The term “chief of staff” understates the pivotal contributions Greg Bailey has made to this book in every way. Greg continues to be my right hand—and so much more—in the entire spectrum of my professional life. He has an effortless ease in sourcing topics and keeping the book and me on schedule, all with a fanatical attention to detail.

My sister and editor Margie Resnick Blickman has an eagle’s eye for detail and remains as astute and valuable as ever. She has been a tremendous sounding board over my entire career.

No matter what I write, I run it by Neil Naftalin, a member of my “kitchen cabinet” and best man at my wedding. His meticulous eye is great for checking the elusive fact.

The Wiley team, starting with publisher Matt Holt, made me feel like a teammate, even though I was a rookie to their imprint. Senior Editor Zachary Schisgal was my key contact during this entire book and couldn’t have been more responsive. He was always there with an answer or an update. His judgment and advice are unparalleled. Kelly Talbot proved to be a terrific book editor whose stellar advice kept my lessons lively and timely.

My cover photographer, Stephanie Rau, brought the best out of me and managed to find my “good side.”

Valerie Boyd of Valerie Boyd Design has designed several of my book covers as well as other publications and lent her creativity to this project as well.

Christi Cardenas was the right hand of my very first agent, Jonathon Lazear, and continues to be a terrific sounding board.

My Mackay Roundtable members—all 35 of them—have had a tremendous impact on my life, as we continuously seek each other’s advice.

Our executive assistant, Karen Thompson, keeps the home/office fires burning and is always there with a witty and often humorous quip that has earned her a Nurse Nag tagline.

My business partner, Scott Mitchell, CEO of MackayMitchell Envelope Company, and all of our hard-working employees who practice the principles in this book, keep me on my toes in this always-changing business world.

And my family, my wife of nearly 60 years, Carol Ann, and our three wonderful kids: David, Mimi, and Jojo, and their families keep me forever grateful. They may be last here, but they are first in my heart always.

Introduction

I’ll be the first to admit that I have lived a somewhat charmed life. No, I didn’t start out with any specific advantages, with one exception: tremendous parents who encouraged me to reach for the stars. They imparted simple, lasting wisdom that launched me on a remarkable journey.

Building my envelope manufacturing company, becoming a New York Times #1 bestselling author and motivational speaker, and volunteering to spearhead some amazing events and projects have provided me with experiences that money can’t buy. More than five decades of business have taught me that I still have plenty to learn, and I am grateful for the wisdom that my family, friends, and mentors have shared with me over the years.

Through my seven New York Times best-selling books (three that hit #1) and nationally syndicated columns, I’ve shared advice and offered information in brief snippets. I usually address one subject at a time in the hope that busy readers can benefit from the message and apply it to their own situations.

But this book truly is my master class, a compendium of the best lessons I have learned over a lifetime of work with people who have picked up where my parents left off. My love of storytelling is a gift from my father—an Associated Press newspaperman through and through—and my mother, a teacher who instilled in me a love of lifelong learning. Family, friends, business associates and competitors, community leaders, and a long list of acquaintances have presented me with opportunities that have stretched my imagination. They encouraged me to share what I’ve learned, what worked, what didn’t, what I would change, and what I am so thankful for.

And that is what led to this book. I hope you can find inspiration on the following pages and live your best life.

My message to you is, first, don’t be afraid to fail. But more importantly, don’t be afraid to succeed.

1
Adversity

Adversity can be your best friend

Nearly three thousand years ago, the classical author Homer opined, “Adversity has the effect of eliciting talents which in prosperous circumstances would have lain dormant.” Homer is something of an expert on adversity, having penned the great story of the Trojan War in The Iliad and The Odyssey.

On the other side of the world, the Chinese symbol for crisis has a dual meaning: danger and opportunity. That’s an intriguing thought, really. Life is fraught with both danger and opportunity, and when cool heads prevail, opportunity wins most of the time. An Asian adage says, “When fate throws a dagger at you, there are only two ways to catch it: either by the blade or by the handle.”

Remember Mother Teresa’s response to dealing with adversity? “I know God will not give me anything I can’t handle. I just wish that He didn’t trust me so much.”

As you can see, coping with adversity is not unique to any particular culture or any specific era. Modern commentator Paul Harvey put it this way: “In times like these, it helps to recall that there have always been times like these.”

Adversity is a constant in this world, and none of us are immune to it. It can also be the precursor to wonderful change. A business associate told me he has just learned to “cooperate with the inevitable.” More often than not, he has conquered the inevitable with that attitude.

Retailing giant J.C. Penney was asked the secret of his success. He replied, “Adversity. I would never have amounted to anything had I not been forced to come up the hard way.” I’ve dealt with my own share of ups and downs. I’d have to agree with Mr. Penney: The tough times have not only made me smarter, they’ve made me stronger.

I’m not very adept in the kitchen, so I was curious when a friend sent me a cooking story. She heard it in a sermon at church and thought I’d get some inspiration from it. It inspired me, to be sure. But more than that, it reminded me that no matter what adversity comes my way, the way I respond will mean the difference between defeat and triumph.

A young woman went to her mother and told her about her life and how things were so hard for her. She was tired of fighting and struggling. It seemed as soon as one problem was solved, a new one arose.

Her mother took her to the kitchen. She filled three pots with water and placed each one on a high fire. Soon the pots came to a boil. In the first she put some carrots, in the second she placed some eggs, and in the last she added ground coffee beans. She let them sit and boil, without saying a word.

In about 20 minutes she turned off the burners. She took out the carrots and placed them in a bowl. She removed the eggs and put them in a bowl. Then she poured the coffee into a bowl.

She asked her daughter, “What do you see?”

“Carrots, eggs, and coffee,” she replied.

Her mother brought her closer and asked her to feel the carrots. She did and noted that they were soft. The mother then asked the daughter to take an egg and break it. After pulling off the shell, she found the hard-boiled egg. Finally, the mother asked the daughter to sip the coffee. The daughter smiled as she tasted its rich aroma. The daughter then asked, “So what does it mean, mother?”

Her mother explained that each of these objects had faced the same challenge: boiling water. Each reacted differently. The carrot went in strong, hard, and unrelenting. However, after being subjected to the boiling water, it softened and became weak. The egg had been fragile. Its thin outer shell had protected its liquid interior, but after sitting through the boiling water, its inside became hardened. The ground coffee beans were unique, however. After they were in the boiling water, they had changed the water.

“Which are you?” she asked her daughter. “When adversity knocks on your door, how do you respond? Are you a carrot, an egg, or a coffee bean?”

I’ll still let others take care of the cooking, but I will never look at a cup of coffee the same way again.

Mackay’s Moral

When adversity is on the menu, make sure you order it well done.

Bouncing back from deflating times

Failure is all too common in business. Anyone who has ever run a business wakes up regularly with nightmares about the what-ifs.

Successful businesspeople, however, know that even if adversity strikes, they can work around it. They are resilient.

In the mid-1990s, Microsoft was dominating its market and Apple Computer’s sales were sagging. Steven Jobs, who had co-founded Apple in 1976, left in 1985 after a power struggle with the board of directors. Apple struggled too, until Jobs returned as CEO in 1997. He recognized the big problem and fixed it by establishing a spirit of innovation at the company. If brands like iMac, iPod, iTunes, and iPhone ring a bell, you’ll know what Jobs had been up to at Apple. And you will see one of the best examples of resiliency in an ever-changing industry.

Tylenol currently controls about 35 percent of the North American pain reliever market. But in 1982, you couldn’t give Tylenol away. A psychopath put cyanide into some Tylenol capsules, causing eight deaths. Although it was clear that Johnson & Johnson had done nothing wrong in the manufacturing of the pills, the company accepted responsibility and pulled more than 31 million bottles from the shelves at a cost of $100 million. The company also offered to exchange the capsules for tablets, taking another financial hit.

But their response, putting customer safety before corporate profit, helped restore confidence in both the company and the brand. Then-CEO Jim Burke said, “It will take time, it will take money, and it will be very difficult; but we consider it a moral imperative, as well as good business, to restore Tylenol to its pre-eminent position.” Sales recovered quickly. Resilient? You better believe it.

Sure, those are two extreme examples. But if those companies can bounce back on such a large scale, they should inspire others facing smaller challenges.

Sales slumps, production slowdowns, labor issues, and changing customer preferences affect many businesses. The strong survive not because they are determined to conduct business as usual, but because they find ways to rise above the issue at hand.

Remember, you can’t live life with an eraser. You can’t anticipate every possible problem, no matter how hard you try. But you can resolve to face challenges as they arise. Keep your mind wide open for solutions, listen to those around and under you, reprogram your brain for success, and dig in.

Remember, you can’t live life with an eraser. You can’t anticipate every possible problem, no matter how hard you try.

Many events and technologies could have spelled disaster for envelope companies like MackayMitchell Envelope Company. Fax machines, email, instant messaging, online catalogs, online bill paying, the 2001 anthrax scare, 9/11, recession—you name it. There was one threat after another. We could have been in the tank 20 times.

But we changed our business focus as necessary, cultivated new business, and managed to survive and thrive. Sometimes during great challenges, the same work hours did not always apply, vacations for our employees were put on hold, and wages held in check. It wasn’t forever, but it was survival. We would have had a hard time telling our employees that we weren’t resilient enough to provide them with jobs. It wasn’t just about us. We had a lot of families depending on our flexibility. And we still do. We are always looking for ways to protect our business against the next threat, even if we haven’t identified it yet.

When it comes to dealing with adversity, keep in mind this story of the oak tree:

A great oak grew on the bank of a stream. For 100 years it had withstood the winds, but one day a violent storm felled the oak with a mighty crash into the raging river and carried it out toward the sea.

The oak came to rest on a shore where some reeds were growing. The tree wondered how the reeds still stood after the strong winds.

“I have stood up against many storms, but this one was too strong for me,” the oak said.

“That’s your problem,” the reeds replied. “All these years you have stubbornly pitted your strength against the wind. You were too proud to yield a little. We, on the other hand, knowing our weakness, just bend and let the wind blow over us without trying to resist it. The harder the wind blows, the more we humble ourselves, and here we are!”

It is better to bend than to break. Companies and workers who can bend and not break have the gift of resiliency that lets them bounce back from adversity.

Mackay’s Moral

Don’t let hard times turn into end times. Let them lead to your best times.

The worst failure is the failure to try

Failure can become a weight or it can give you wings.

That is the message I hear every spring when I attend the Horatio Alger Awards Ceremony in Washington, D.C., where 10 new members are inducted annually. I was honored to be one of them in 2004. During the short speeches given by new members to the audience, which includes more than 100 scholarship students, the message I hear over and over again is: Don’t be afraid to fail.

The Horatio Alger Association of Distinguished Americans is a nonprofit organization based in Alexandria, Virginia, that was founded in 1947 to emphasize the importance of higher education and to honor the achievements of outstanding Americans who have succeeded in spite of adversity. The association is named for Horatio Alger Jr., a 19th-century author of hundreds of stories in the “rags-to-riches” genre, extolling the importance of perseverance and hard work.

The association gives the annual Horatio Alger Award to people who exemplify its ideals. It also grants scholarships and is one of the largest providers of need-based scholarships in the United States. All scholarships are funded by the generosity of Horatio Alger members and friends. Since the inception of its scholarship programs in 1984, the association has awarded more than $180 million in need-based college scholarships to 25,000 young people.

Perhaps the most important lesson these young scholars learn is that failure is not fatal. They hear about pathways to success that include episodes of difficult times, the temptation to give up, and the persistence to carry on. The members reinforce that failure is merely an opportunity to start over again, wiser than before. Inspired by these real-life success stories, combined with scholarship help and an amazing ready-made network of resources, these young people have opportunities to earn college degrees and jump-start their professional aspirations. And they have a clear understanding that failure is not the end of the road. It is potentially a new entrance ramp to the highway of life.

No one sets out to fail intentionally. Still, failure happens, sometimes because of bad luck or uncontrollable circumstances, but other times from entirely preventable causes. Whatever your career goals or personal objectives are, your chances of avoiding failure will improve if you address these all-too-common errors:

The heroes in Horatio Alger’s stories demonstrate that you can’t avoid setbacks and disappointments. As Robert F. Kennedy said, “Only those who dare to fail greatly can ever achieve greatly.”

Mackay’s Moral

Make your stumbling blocks your stepping stones.