Viewers of Gold's truTV show "Hardcore Pawn" may not be prepared for the Les Gold they meet in the pages of his book, where, all puns aside, he appears to have a "heart of gold". The 62-year-old pawnbroker and reality TV-star sounds like someone yanked from the Vaudeville stage when he compares a salesperson to a performer and describes his experiences as a young man learning to "outperform fear". Gold's book is a mixture of pawnshop anecdotes about the weird stuff his clientele has pawned—a Bentley, a monkey, Abraham Lincoln's hair—and his secrets to success. While the pawnshop stories are the most engaging, Gold's stories about personal success are also interesting. An entrepreneur at heart, Gold, as a hungry 12-year-old Hebrew School student, bought pizzas and sold them by the slice to his hungry classmates. When "Hardcore Pawn" started, Gold's personal goal was three million viewers (unheard of on truTV) and he achieved it. His "higher purpose" in pawn broking, he says, is "helping people", and he wants pawnshops to be respected—which may be a less realistic goal. Fans who watch Gold's TV show for its sleaze factor will be disappointed by this book—it's alternately interesting and charming, and even sweet. (June)
Businesses these days talk a lot about figuring out what the customer wants. Well, here's your first lesson: the customer doesn't know what he wants. This book is going to show you how to convince him he wants the thing you're selling.
Les Gold has been in business since age twelve, when he started selling used golf clubs from his dad's basement. Now he owns Detroit's biggest pawnshop, American Jewelry and Loan, and is the star of the hit reality TV show Hardcore Pawn.
As a third-generation pawnbroker, Gold grew up in the business, dealing with customers who could be unruly and violent as often as they were friendly. He became good at selling just about anything and at buying items for what they were worth. Although he started at his family's small pawnshop, he has now expanded into a fifty-thousand-square-foot former bowling alley, making a thousand deals a day.
On any given day, he could be taking a vintage car in to pawn or chasing down a thief who's just stolen a gold chain from the store. No business school in the world can teach you as much about buying, selling, negotiating, managing employees, dealing with customers, advertising, tracking trends, and predicting the economy's ups and downs.
In this entertaining, honest book, Gold takes you inside some of his weirdest, wackiest deals and steals. From the monkey his dad once took in to pawn to the deal Gold made for a stripper pole, he has no boundaries for what he considers to be part of his business-and neither should you.
You will learn:
How to tell an emotional story when you're selling-and take emotion out of the transaction when you're buying
Why judging your customers before you know them can kill a potential deal
How to deal with risk, both mental and physical
How to communicate with employees (even if they're your own kids)
Why investing in relationships with your community is time well spent
Why your business should never be limited by what others tell you it should be
No place in the world prepares you better for the working world than a pawnshop, and Les Gold takes you inside his shop to share what he's learned from fifty-five years in the most interesting job in the world.
1115765181
For What It's Worth: Business Wisdom from a Pawnbroker
Businesses these days talk a lot about figuring out what the customer wants. Well, here's your first lesson: the customer doesn't know what he wants. This book is going to show you how to convince him he wants the thing you're selling.
Les Gold has been in business since age twelve, when he started selling used golf clubs from his dad's basement. Now he owns Detroit's biggest pawnshop, American Jewelry and Loan, and is the star of the hit reality TV show Hardcore Pawn.
As a third-generation pawnbroker, Gold grew up in the business, dealing with customers who could be unruly and violent as often as they were friendly. He became good at selling just about anything and at buying items for what they were worth. Although he started at his family's small pawnshop, he has now expanded into a fifty-thousand-square-foot former bowling alley, making a thousand deals a day.
On any given day, he could be taking a vintage car in to pawn or chasing down a thief who's just stolen a gold chain from the store. No business school in the world can teach you as much about buying, selling, negotiating, managing employees, dealing with customers, advertising, tracking trends, and predicting the economy's ups and downs.
In this entertaining, honest book, Gold takes you inside some of his weirdest, wackiest deals and steals. From the monkey his dad once took in to pawn to the deal Gold made for a stripper pole, he has no boundaries for what he considers to be part of his business-and neither should you.
You will learn:
How to tell an emotional story when you're selling-and take emotion out of the transaction when you're buying
Why judging your customers before you know them can kill a potential deal
How to deal with risk, both mental and physical
How to communicate with employees (even if they're your own kids)
Why investing in relationships with your community is time well spent
Why your business should never be limited by what others tell you it should be
No place in the world prepares you better for the working world than a pawnshop, and Les Gold takes you inside his shop to share what he's learned from fifty-five years in the most interesting job in the world.
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For What It's Worth: Business Wisdom from a Pawnbroker
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Product Details
BN ID: | 2940171473648 |
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Publisher: | Ascent Audio |
Publication date: | 06/18/2013 |
Edition description: | Unabridged |
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