Wizard of Ads Monday Morning Memo

By: Roy H. Williams
  • Summary

  • Thousands of people are starting their workweeks with smiles of invigoration as they log on to their computers to find their Monday Morning Memo just waiting to be devoured. Straight from the middle-of-the-night keystrokes of Roy H. Williams, the MMMemo is an insightful and provocative series of well-crafted thoughts about the life of business and the business of life.
    ℗ & © 2006 Roy H. Williams
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Episodes
  • Ambition and Happiness
    Apr 21 2025

    “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”

    “Life… Liberty… and the pursuit of Happiness.”

    We published those words 229 years ago when we declared our independence from Britain. That document was the earliest expression of what has come to be known as the American dream.

    Jefferson’s Declaration did not free us from the tyranny of Britain. It merely communicated our collective desire to be unfettered and unrestrained.

    Do we now feel unfettered and unrestrained? I think not.

    It seems to me that our current view of the American dream sees raw ambition as “the pursuit of happiness.”

    Ambition is like sexual hunger. It is satisfied with accomplishment only for a moment, and then the hunger returns. Ambition will lead you to momentary satisfaction, but it will not lead you to happiness.

    John D. Rockefeller, the world’s first billionaire, was worth 1% of the entire U.S. economy when he was asked,

    “How much money does it take to make a man happy?”

    Rockefeller answered, “Just a little bit more.”

    Ambition is never contented.

    Am I condemning ambition? I promise you that I am not. I am merely pointing out the deep chasm that separates the unending hunger of ambition from the high and lofty contentment of happiness.

    An old man named Paul wrote a letter to a young man named Timothy 2,000 years ago. Near the end of that letter, Paul wrote about old people and hypocrites and slavery and wealth.

    Paul then added two sentences that have echoed in my brain for the past 60 years.

    “To know God and to be deeply contented is the true definition of wealth. For we brought nothing into this world, and it is certain we can carry nothing out.”

    Happiness cannot spread its wings while wearing the handcuffs of our ambitions. The shining light of Hope is made of a stronger and happier substance than our dark dreams of future accomplishment.

    Ambition can bring you recognition, reputation, and riches. But those are no substitute for friendships, family, and contentment; for these are the three strong cords from which happiness is woven.

    Have you figured it out yet? Happiness is not material. It is relational.

    With whom do you have a meaningful relationship?

    Roy H. Williams

    We have solved the mystery of the roving reporter!

    The wizard received this email from Italy a couple of days ago:

    Dear Roy and Pennie,

    Talya and I found this quaint restaurant with tables in its wine cellar and thought you’d love this place. (I don’t drink, but thought it appropriate to pose with a glass of wine — which our son-in-law ordered.) If your future plans bring you to Vincenza, Italy, this is one stop you won’t regret. Avital sends her warmest regards.

    – DEAN

    (You will find the photo that accompanied this email on the final page of today’s rabbit hole. I’m Ian Rogers.)

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    RANDOM QUOTE:

    “As we start looking for the good, our focus automatically is taken off the bad.”

    - Susan Jeffers

    THE WIZARD TRILOGY


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    5 mins
  • The Creation & Extraction of Value
    Apr 14 2025

    “If we train our children only to harvest, who will plant the seed?”

    I wrote those words after contemplating the short-sightedness of so-called, “performance marketing,” on March 11, 2010.

    “Performance marketing” is the new name for direct response advertising. It works best when it extracts the value from a well-known brand. Its objective is to bring in a lot of money quickly.

    That is why business owners are attracted to it.

    But here’s the caveat: value cannot be extracted from a brand unless it has first been created. You cannot squeeze a good reputation dry unless you first build a good reputation.

    Do you see the problem? When you have finally squeezed the last ounce of value from a good reputation, you don’t have a good reputation anymore.

    As I was contemplating that last line I just wrote, the words “extraction of value” popped into my mind. I typed those words into the Google search bar. The AI Overview that appeared at the top of the page whispered to me in a conspiratorial tone:

    “‘The extraction of value’ refers to the process of capturing or appropriating value from other stakeholders, often through exploiting a monopoly or manipulating competitive market processes, rather than creating new value.” – WIKIPEDIA

    The eight words that leaped out of the paragraph were, “exploiting… or manipulating… rather than creating new value.”

    Do you remember that famous scene in the movie There Will Be Blood when Daniel says to Eli,

    “If you have a milkshake, and I have a milkshake, and I have a straw… There it is. that’s the straw, you see? Watch it. Now my straw reaches acroooooooss the room and starts to drink your milkshake. I… drink… your… milkshake! I drink it up!”

    That is the voice of performance marketing.

    The healthy alternative to performance marketing is sales activation within a relational ad campaign.

    Sales activation is like shearing the wool from a sheep. You can do it again and again and the creature is never diminished by it.

    Performance marketing is like slaughtering that poor sheep, piece by piece. It is painful, and there is nothing left when you are done.

    I apologize for putting that horrible image into your mind, but we are talking about your business.

    I’m sorry if I stepped over the line.

    Roy H. Williams

    You will find 4 examples of what the wizard calls “sales activation within a relational ad campaign” on the first page of the rabbit hole. I can hear what you are thinking right now. And to that, I say, “You’re welcome.” – Indy Beagle


    Roving reporter Rotbart will be away on a secret mission in Italy for the next two weeks. He didn’t tell us exactly what it was, but here are our top 3 guesses. One: He is studying the original manuscripts of Leonardo Da Vinci for a special series of investigative reports to be aired on PBS this autumn. Two: The roving reporter was invited to the Vatican to meet with the Pope. Three: There is no secret mission. He is just eating gelato at a seaside cafe with his lovely wife, Talya, while gazing at the beautiful Mediterranean Sea. We will update you next week when we know more. – Ian Rogers

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    5 mins
  • Incisive and Insightful
    Apr 7 2025

    I was watching a few of Evan Puschak’s “Nerdwriter” videos when I heard my own inner voice composing a thank you note to him. In the quiet of my mind, I told Evan that I have always found his analysis of literature, movies, music, photographs, and paintings to be incisive and insightful.

    Incisive



    Insightful

    Those two words, back-to-back, hit me so hard that I stumbled and fell backward into a bottomless chasm of grief over the loss of Andrew Cross.

    Evan Puschak is incisive.

    Andrew Cross was insightful.

    “Incisive” conjures the precision of a scalpel as it slices open a surface to reveal what is hidden inside.

    “Insightful” describes the inner workings of intuition as it quietly assembles a mosaic in the mind.

    I was going to say that I have a “parasocial relationship” with Evan Puschak and Andrew Cross, but then I decided that I should check to make sure that “parasocial relationship” means what I think it does. Here’s what Captain Google told me.

    “A parasocial relationship is a one-sided, imagined connection or bond a person develops with someone they don’t know personally, usually a media figure or celebrity, often feeling a sense of intimacy or familiarity despite the lack of reciprocity.”

    Yep. It means exactly what I thought it did. 🙂

    This is Andrew Cross, the Desert Drifter.

    “Years ago, I ventured into a canyon alone. I thought I saw something perched high on a cliff. I looked closer. It was an ancient ruin of some kind. I assessed the climb to reach it, and I backed down. It looked too intimidating, but I’m not who I was back then.”

    “Nerdwriter” Evan Puschak has built a YouTube channel of 3.2 million subscribers over the past 13 years.

    “Desert Drifter” Andrew Cross built a YouTube channel of 484,000 subscribers in just 13 months. Both men are 36 years old.

    I continue to watch with anxiety as Andrew climbs impossible stone cliffs,hundreds of feet high, to examine the ruins of 1,000-year-old Native American cliff dwellings.

    I never suspected that Death would be waiting for Andrew at the corner of 1st Street and North Avenue near his home in Grand Junction, Colorado.

    While he was still with us, Andrew took hundreds of thousands of people like me with him – one at a time – to explore remote places that few people will ever see. And he never failed to share his wonder:

    “I had finally arrived. Arrived at what? Was the ruin itself what I was really searching for after all? As I looked around at the remnants of what once was, I pondered the reason I do all of this in the first place.”

    “Confucius once said, ‘By three methods we may learn wisdom. First by Reflection, which is noblist. Second by Imitation, which is easiest. And third by Experience, which is the bitterest.’”

    “These open desert spaces provide opportunities for all three of those. And they always beckon me to return. As long as I am able, I will answer their call, to discover more about myself and the people who have called this place ‘home.’ As you join me, my hope is for you, too, to find space for reflection, and the pursuit of wisdom.”

    “Thank you for accompanying me on this journey.”

    It was a delight to spend those hours with you, Andrew.

    The world is smaller now that you are gone.

    Roy H. Williams

    Michael Drew helps authors turn their big ideas into nationwide influence and income. He has guided more than 130 book authors onto major bestseller lists — including The New York Times and The Wall Street Journal. His methods are not just for seasoned authors. Michael...

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    7 mins

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