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Two Proven Keys to Happiness

happyThere’s a rising call for developed countries to track happiness, rather than just income and wealth. Economists say that the goal of a “rational actor” is to maximize his or her “utility” – their fancy term for happiness – over the course of his or her life. Perhaps governments are trying to catch up with the economists!

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Leicester University in England has tracked happiness for the past 30 years. Consistently, Denmark – not Disneyland – has topped their list as the happiest place on earth.

We wondered why … why are the people in Denmark so darn happy?

Is it the weather?

Average temperatures in Copenhagen are about 68 degrees in the summer and around zero in the winter. We don’t know about you, but that’s not our idea of great weather!

Is it the taxes?

Like her sister Scandinavian countries, Denmark has some of the highest taxes in the world. Now, granted those taxes are matched with some of the highest benefits for any citizenry.

Is it their lifestyle or their habits?

Danes are some the heaviest drinkers and smokers in the world?

Is it their diet?

One of the staples of the Danish diet is herring – this is a country that eats a lot of herring!

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marylynnSo it can’t be the diet, because … maybe it’s just my personal taste, but ick!

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georgeNow there a lot of theories about what makes the Danes so happy. One of my theories is that they drink so much, they don’t remember whether they’re happy or not!

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Seriously, theories are fine, but we thought we should look at what the research shows is driving this happiness.

Professor Kaare Christensen at the University of Southern Denmark found that Danes have low expectations. Because of this culture of expecting less, the people are happy when good things happen.

This made us think of something Tony Robbins said – if you’re not happy, you have a choice. You can either change your conditions or your expectations. But what if you don’t want to change your expectations?

Tal Ben-Shahar, who teaches the most popular class at Harvard University, found that the single most significant predictor of happiness is close relationships with friends and family. We found it interesting that 92 percent of Danes belong to some sort of social club.

Maybe that’s why social media has become so bigg! What do you think?

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Sources

University of Leicester Produces the first ever World Map of Happiness

Why Danes are smug: comparative study of life satisfaction in the European Union

Denmark: The Happiest Place on Earth

Denmark ‘happiest place on earth’

The REAL Happiest Place on Earth

And The Happiest Place On Earth Is…

(Image by nookiez)

Are You Fishing for Customers in the Wrong Hole?

“If you want to catch a trout, don’t fish in a herring barrel.” – Ann Landers

George said he’s been fishing at times when he would have been happy to catch any fish at all. He’s even had times when his friend a few feet away was catching all kinds of fish.

So he found out what his friend was using – what bait or lure – and changed his, but he still didn’t catch any fish. He concluded he was fishing in the wrong hole.
 

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Fishing for business
Sometimes we experience the same thing when we’re fishing for business. We’re putting our line out but we don’t get any bites.

It may be that the customers aren’t where we’re fishing – they’re in another hole!

For example, maybe your customers are primarily shopping for your product or service online and you’re only marketing offline or vice versa.

People don’t use the internet for that

George remembers having a debate with one of his business managers. This happened to be a plumbing business. They were discussing how to allocate advertising dollars between various media. George thought they needed a bigger online presence. His manager insisted that customers wouldn’t go online if they had a plumbing emergency.

After surveying calls that came in, the manager reported back to George that an overwhelming majority of the people who had called with a plumbing emergency during that time period had found them via the internet.

Sometimes we think we know where our customers are, but our perceptions are clouded by our own biases. Fortunately, there’s a way to find out for sure.

Today’s bigg action item – survey your customers.

Find out how they learn about new things. The odds are your future customers are probably a lot like your current customers.

How one car dealer did it

One example of this is a car dealer. He had the employee who pulled the customer’s car into the service bay record what radio station was playing. He analyzed this information to determine which radio stations to use.

Is there some way in your business to naturally find out what media your customers use? If there is, develop a system to track the information so you know in which hole to cast your line.

Work with your direct mail supplier

Here’s another example from George’s service businesses. His mailing service was able to take his customer lists and ping the national databases to see where their existing customers fit in. Then they had a good profile of the people to target with future advertising – target people who are similar to your existing customers.

Survey them directly

You may just have a survey form that your customers fill out. Offer them some incentive to take the time to complete your survey. It may be a product or service you offer that’s relatively inexpensive …

… or cut a deal with another merchant – maybe even work a trade – to offer an incentive to your customers (e.g. movies, dessert, or gas)!

Related posts

There’s Gold In Them There … Customers!

Marketing With A Cause

(Image by runrunrun)