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Saturday, 11 July 2009
Networking
Business networking groups bring together people who, most times, are self- employed, successful entrepreneurs or corporate folk paid truly paid for their efforts. (see commissioned salesperson) The types of businesses these networkers represent vary, but the commonality is they meet to share, learn and become better at their craft.
The networking meetings are held at times that are fairly convenient even for the most type A business owner. Early morning, mid-day or evening are the popular meeting times and all involve food of some type, contests, and sometimes cocktails.
There is a networking etiquette that is a mix of business sense and remembering what your mother taught you. Be nice. Smile. Be genuine. Don't show up looking to dazzle everyone you meet with your slick sales pitch. To be sure, meet a lot of people, hand out a lot of cards, but give before taking. Listen more than you talk. Question more than you answer. Care about someone else and their plight.
What's in it for me? That's the common question in many business conversations. Here's what you get by joining a networking group:
New contacts--what business can't use more contacts? The fellow businesspersons you meet might be able to use your service. They also know lots of people and aren't shy about recommending you.
You look like an expert to your customers. As you meet new professionals, you won't hesitate to recommend them to your customers to handle tasks you don't. Your stock will rise appreciably with your customer for being such a willing problem solver.
Education. The meetings always revolve around a guest speaker who will bring to you valuable information about topics ranging from accounting to law, sales to hiring an employee and much more.
Friendship. Everyone can use more friends. Imagine playing golf with those that share your passion.
Advice. Ask around and fellow networkers will be glad to dispense it for free and many have already faced the same situation you now have.
Find a local networking group and get involved. It will be one of the best decisions you ever made. Go ahead. Write it down. Your to do list is waiting.
Friday, 3 July 2009
Network Marketing Do's and Don'ts
Why did you become a network marketer? Most people immediately respond, “for the money!” However, this is not the real reason.
No one subjects them to the hard work of building a business just for little pieces of paper with the faces of dead presidents. The truth is you work in order to obtain what those little pieces of paper can bring you.
The first thing you need to do is to find the reason WHY you are a network marketer. Is it the freedom to choose whatever you want to do whenever you want to do it? Maybe you are looking for a different lifestyle. If there is one thing that is critical to your network marketing success, this is it. If you don't have a reason, there is no motivation to succeed.
A network marketing business is a teaching and coaching business. If you don't like interaction with other people, a network marketing business probably is not for you. There's a concept that most network marketers just can't seem to get a handle on. You do not sponsor “reps,” you sponsor “people!”
If you have to find a reason why you are building your business, then doesn't it stand to reason that other people will have to do the same thing? If that's the case, then why is it that network marketers continually focus on how much money your prospect can earn?
There's no way you are going to convince “Joe Sixpack,” to get out of his Lazyboy recliner unless you find out what his motivation is. Most network marketers literally pound in the amount of money Joe can earn. They bombard him with message after message about how “Successful Sam” has just purchased his 10th Porsche, refurnished his 25,000 square foot cottage and promise Joe that he can do the same!
Just how realistic is this approach? Joe isn't stupid. He works long, hard hours at his job in order to provide for his family and truly believes that the best thing he can hope for is saving enough money by summer to pay for a camping trip. Then here you come, promising Joe that he can have everything that Sam has and he can have it if he will just sign that piece of paper making you his sponsor!
You will probably sponsor a few people that way, but if you are in business for the long haul you need to change your approach and do it fast.
The proper approach is so simple, but in your rush to sponsor another “rep” instead of helping another person, all too often you talk yourself into and straight out of sponsoring the Joes of the world.
God gave you two ears and one mouth and he did it for a reason. We are supposed to “listen” twice as much as we “speak.”
Instead of pouncing on Joe with the latest and greatest network marketing program of all time, find out what Joe wants and needs. Ask him questions, lots of questions. In fact, in your first meeting with Joe, don't even mention your business! Yes, that's what I said. Don't even bring it up. Remove yourself from the super duper network marketing persona and spend time making a new friend.
Follow these recommendations and you are set to grow your business exponentially.