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Network Marketing Monday – Five Stumbling Blocks To Successful Networking And How To Overcome Them

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The ability to connect with people is essential to success in any business.  Professional networking events present opportunities to interact with others on a personal level and to develop profitable relationships.  These occasions are critical for anyone who wants to grow a business or promote a career.

Many people are simply not comfortable walking into a room full of strangers and striking up conversations.  Here are five common stumbling blocks that you may face and tips to help you overcome them.

  1. A Reluctance to Talk to Strangers- You were taught at an early age not to speak to people you don’t know. It’s not safe. In certain situations, this is still good advice. In business, however, talking to strangers is a way to generate interest and support for your products and services. If you only talk to the people you already know, you will miss out on opportunities to make new connections and establish valuable contacts. To get past your discomfort in talking to strangers, set a goal for yourself before you attend any networking event. Decide how many new contacts you want to make or how many strangers you want to meet. In some cases, you may specifically target individuals whom you’d like to know. Next come up with some icebreakers or conversation starters. Have questions prepared that you can ask anyone you meet at the event. You may want to inquire about other people’s business, their connection to the sponsoring organization or their opinion of the venue.
  2. Lack of Formal Introduction- It’s much easier to make a new contact when there is someone else to handle the introduction and pave the way. If you wait for another person to make the move you may not meet anyone.  At networking events, the goal is to meet as many people as possible. This is the time to take the bull by the horns, walk up to people you don’t know, introduce yourself and start a conversation. You can do this if you have prepared your self-introduction in advance. You will not introduce yourself the same way on every occasion. Perhaps it is your first time to attend an association meeting. In that case, you might want to say that as part of your introduction. Let people know who you are, why you are there and give them a reason to ask more about you.
  3. Fear of Seeming Pushy- You may think that you will turn people off if you are assertive and that if they want to talk to you, they will make the first move. If this is your line of thinking you will find yourself spending your time alone at the reception or meeting function and leaving without a single new connection.  Being open, friendly and interested does not turn people off. You will not come across as overly aggressive if you seek out the “approachable” people.  These are the ones who are standing alone or who are speaking in groups of three or more.  Two people talking to each other are not approachable because they may be having a private conversation and you would be interrupting.
  4. Thinking Others May Not Like You- There is always the risk that the other person is not interested in you and doesn’t want to meet or talk to you; it happens. If that is the case, don’t take it personally. Nothing ventured is nothing gained. When you get a cold shoulder, smile, move on and say to yourself, “Next?”
  5. Having Your Intentions Misunderstood- Approaching someone of the opposite sex to begin a conversation may seem more like flirting than networking. This is more of an issue for women than men. Women have an equal place in the work arena and need to make professional connections the same as men do. Women in business can no longer afford to hold back when there is opportunity at hand. Neither men nor women will have their motives misinterpreted if they present themselves professionally in their attire and if they keep the conversation focused on business issues or topics that are not personal or private. Whatever your stumbling blocks, face them before the next networking event and devise a personal plan for getting past them.  Once you do, you will find yourself connecting with confidence and courtesy on every occasion and the results will be reflected in your bottom line.

 

 

 

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Entrepreneurship

Network Marketing Mondays – Effective Networking In 5 Simple Steps

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Read Time:2 Minute, 43 Second

‘Tis the season for conferences and seminars! Many of my friends have all been conference-hopping in recent weeks and we’ve been discussing how fruitful these gatherings can be when you can make great and lasting contacts. But how do you come away with something more substantial than a stack of business cards? Here are a few tips to keep in mind.

  1. Speak Up! – One of the women in my mastermind group reminded me of that today. She recently attended an event where, for the first time, she came out of her shell and started telling people what she did. She was met with great enthusiasm and people asking her for samples and wanting to refer her to others. All because she spoke up. Now that doesn’t mean you go up to someone and talk non-stop! It does mean that you go into a conversation with a clear description of who you are and what you do or write.
  2. Be a Productive Networker – Your networking will not be productive if you are handing out business cards indiscriminately or asking someone who isn’t the right person to read your work. Or maybe you’re listening only partially to someone and then writing them off if they don’t seem to have what you want. Productive networking is about building long-term relationships. Why long-term? Because it’s highly unlikely that you or your contact have what the other wants at that very moment. The idea is to keep in touch until you do. In the meantime, you want to offer value or be of service so that the other person feels it’ll be worthwhile to stay in touch with you.
  3. Engage in Two-Way Conversations – When the other person is talking, listen up! Who is the person and what do they need? They’ve come to the event for their own reasons. What are they? Can you assist? Get a clear understanding of what the person does and respect it! For instance, don’t push a science fiction novel on an agent who only handles non-fiction. Tell the other person what you’re up to, but don’t babble. Think attraction be engaging, not desperate!
  4. Maintain the Connection – Ask for permission to stay in touch–don’t just add the person to your email list. Decide how you’ll stay in touch. Occasional emails? A monthly newsletter? In “Making a Literary Life”, author Carolyn See suggests writing notes to a different contact daily. Try to attend events where your most important contacts are involved, even if it means taking a trip. It’s just one more thing that helps them take you seriously.
  5. When the Time Comes, Be Specific – Use your contact only when they can help you the most. “Ask early, ask often” doesn’t apply here. Know exactly what you want from the person. Tell him or her, in detail, how they can help you. Make it easy for them! If you have developed the relationship well, the person will be more than happy to lend a hand. And when they’ve done so, be gracious–write thank you notes!

One Last Note: Be patient. Building a network takes consistent, persistent effort. If you truly believe in what you’re doing, and it shows in your work, others will believe in you as well.

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Network Marketing Mondays – Defining Multi-Level Marketing (MLM)

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As the name suggests, MLM (Multi-Level-Marketing), basically involves selling a company’s product directly to the customer by way of networking. Traditional retail selling is left to the brick-and-mortar businesses. MLM is executed through a multi-layered distributor system where payments by the company are made to the distributors according to the distribution level they are in. Distributors are responsible for the business development and the revenue generation for the company.  The key features of MLM include networking, flexible timing and convenience.

Networking is the backbone and the soul of MLM. Word of mouth and trust play major roles in the success of MLM. People known to the distributor trust him or her recommendations and try out the products. If the products do have the impact on the customers, then these customers most often recommend these same products to other people they know. And so the snowball rolls.

There’s nothing quite like the flexibility of working for yourself. A MLM distributor can work for as long as he or she wishes to. Therefore, the time, money and efforts to be invested in MLM is totally on your choice. You may pursue it full-time or part-time as suits you. Along with the convenience of flexible timings, MLM distributors generally work from home. They don’t have to show up in the office daily and they can work the hours that fit around other important things in their life.

Startup capital is usually very small as a MLM distributor. Therefore, you run little financial risk. But, do measure the risk-return ratio before venturing into any MLM business opportunity. Is this a get rich quick business? NO. It takes a lot of time to grow in MLM. But, if you are determined to succeed there is nothing to stop you. Results will show.

 

 

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Network marketing Monday – Becoming a Super Person

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I was reading a magazine when I saw an article about Christopher Reeve.  The caption simply read, “Super man.”  People might have remembered him for his timeless portrayal of Superman.  But they will never forget his tireless crusade on behalf of disabled everywhere.  The tragic horse-riding accident that left him paralyzed also gave him wings to soar above his physical limitations.  That’s not to say that it wasn’t difficult for him.  He even contemplated suicide at one point.  So it made me think, what characteristics did he have that made him so strong?

  • Courage

Most of us shy away from a challenge.  Maybe we don’t like confrontation, or maybe we just want to take the path of least resistance.  But there comes a time when we, individually, must face our deepest fears.  It could be accepting a job that moves you halfway across the country.  Or walking out on a relationship that should have ended ten years ago.  Whatever is keeping you from enjoying your life needs to be examined, evaluated, and executed.  No one’s going to do it for you.  Be brave.

  • Optimism

Ever hear the old glass half full/half empty analogy?  Well, it’s true.  You have a 50/50 chance of being positive or negative.  Which side do you find yourself on most of the time?  Negative thinking can be a very hard habit to break.  But the good thing is, it is easily remedied.  How?  Speak positively.  Act positively.  Replace negative self-talk with uplifting messages that you tape to your mirror and day planner.  And before you know it, you will think positively.  Action precedes attitude.  A good attitude is contagious, so surround yourself with people who are upbeat and encouraging.

Self-determination

Where do you see yourself in 5 years?  10 years?  A person without a goal is like a bus without a driver.  Don’t let limitations, either real or perceived, keep you from your objective.  And don’t listen to the naysayers, even if at times you think they must be right.  If something is important to you, stick with it.  You will be amazed at what you can do.

There is a bit of a superhero in all of us.  Sometimes, it takes an unexpected event to bring that hero out.  And sometimes, we can help someone else see that hero in themselves.

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Network Marketing Monday – A Secret Technique that Entrepreneurs Can Use to Almost Guarantee Success!

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If you were to walk up and ask successful and unsuccessful entrepreneurs what they did to succeed or fail, most of them would cite some mentor or lack of trait. But if you were to ask the exact same group if they used this secret, 99% of successful entrepreneurs would say yes – and almost all of the unsuccessful entrepreneurs would ask what you were talking about…

The secret to being a successful entrepreneur is very, very simple. It is called “Quantifiable Goals”. It might sound complicated, but when you have finished reading this article you will completely understand what it means – and why it is so important.

Let’s say, for example, that you walk into a room full of entrepreneurs, and ask them to state their goals. To state why they are ultimately in business for themselves. Most of them will respond with something along the lines of time or money. But watch them puzzle when you ask them WHY they want to earn money or have that extra time. This is the most essential part of Quantifiable Goals. Anyone can say he wants to make money, but why? Is there something in particular he wants to buy? Something he wants to do with that time? Once you establish WHY you want that extra time or money, you have just taken a big step towards success. You now have a goal. For example, you want that extra money to buy a house. Buying a house is your goal. Now comes the Quantifiable part.

How much are you going to spend on this house? $250,000? $1 million? You need to come up with a dollar amount or time amount, something of quantity, to properly set your goals. That way, once you earn that $250,000 or gain those 3 hours, you have essentially obtained your goal.

But waking up one morning and deciding to earn $250,000 doesn’t make it happen. So how do you achieve your long-term Quantifiable Goal? By breaking it up into smaller, medium term quantifiable goals. For the example we have been using, buying a house for $250,000, your medium-term goals would most likely be monetary. You could set goals to complete two projects that would each bring you $125,000, or even 10 projects that would bring you $25,000, or break it down even further. But what good are these goals anyway? They are still difficult to achieve, and how do you know what to do to achieve these goals?

Well, you break each of your medium-term quantifiable goals into short term goals. For example, if you chose to get two projects with a price tag of $125,000 each, your first goal might be to think of what kinds of projects you can do that would bring that kind of money in for you. Your next goal would be to close the sale on such a project, and then to complete the project, and finally to collect payment. That way, each medium-term goal is broken down into manageable tasks.

At this point, you want to break everything down into a flow chart to help establish your goals. Put your life quantifiable goal at the top on its own piece of paper. Then, put each of your medium-term goals on their own paper in a horizontal line directly beneath your life goal. Then directly below each medium goal, fill a sheet with the short-term goals that it will take to achieve each medium-term goal.

Now that you know the secret, what are you going to do about it? I suggest following the visualization techniques given, and build yourself a “life pyramid” on a wall that is visible while you are working. Glance at it every so often, and it will keep you on track. Reward yourself when you complete your goals – from the smallest achievement to completing the entire pyramid. It will most likely be the most positive experience in your life to see that pyramid completed – and the construction process of the pyramid itself will set you on the right path.

 

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Network Marketing Monday – 7 Tips To Thriving While Working From Home

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So, you’ve decided to start a home-based business. Congratulations! and welcome to the fast-paced world of entrepreneurship. While there is a lot to learn, your effort will be worth it. The thrill of growing your business, the freedom and flexibility to set your own hours, and the possibilities of ever-increasing financial rewards are all wonderful reasons to start your home-based business.

Now that you’ve decided to start your business, you might be wondering “How can I get it off to the strongest possible start?” These seven tips will help:

  1. Set up a separate working space in your home. It doesn’t matter if this is a small bedroom, one part of the garage, or a corner of the living room. The important thing is to have some space that you can designate as your working area. This will give you the space and room you need to craft your dream.
  2. Stock your working space with materials. This sounds basic, perhaps, but one underlying element of success is that you have easy access to the tools, materials, and other resources you need. Gathering everything close by also keeps you from wasting time searching for it, so this step can be considered a time management strategy, too.
  3. Speaking of time management, your third step is to define the parameters of your business. What days and hours will you work? When will you market? When will you provide services or products to clients? How will you keep all of this straight?
  4. Balance action with planning. One of the most common pitfalls to successful entrepreneurship is getting too caught up in action without enough planning. Stated another way, this means that you confuse “being busy” with “working on important projects.” The best approach is to plan your next couple of goals and then work backwards to create step by step action plans to reach them. Once you have the plan, then it’s time to take action.
  5. Network like crazy. One of the fastest ways to grow any business is to make connections with other people. Be sure to share your passion and enthusiasm with others at every opportunity. Let people know who you are and what you offer. Remember, people can’t buy if they don’t know you’re selling.
  6. Present a professional image. If you want to be treated professionally, present a professional image. Set up a separate bank account for your business. Install a separate phone and fax line. Create professional marketing materials. Be courteous and pleasant in all your customer-facing interactions. Basically, be someone people want to do business with.
  7. Automate your business as much as possible. Granted, you are just one person (right now) and might have a lot of extra time to take care of all the details. This might work for now but won’t work into the future as you get busier and busier. It’s best to set up automatic systems and processes right from the start to free up your time to concentrate on the most profitable activities.
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