Friday, August 31, 2012

Do you like Networking? 3 Ways to Get Over It

Here's how to make networking work for you--and your business.

Networking is at the top of the list of things that make me the most uncomfortable.
Most people who know me are surprised to learn this, because I am a consummate extrovert, but, in truth, I find it daunting to talk to people I have never met, and I hate pretending to be interested in people who are clearly networking to social climb. In the past two years, however, networking has become a very important part of how I grow my business.
Consider these three ideas to take the discomfort out of networking and use it to create real value for your business:

Listening is the best way to start a conversation.
Most people think about networking from the perspective of what they are going to say. Instead, think about networking in terms of what someone else might have to say to you. Last week, I was at an event with other business owners, and a woman mentioned a new sales manager who had just joined her team. Rather than bringing up my own recent hiring challenges (which happened to be at the top of my worry list), I asked her how long it had taken her to find the new recruit, and when she confirmed that the process had been long, I asked what resources she had found most helpful in her search. She gave me several ideas I had never even thought of, let alone tried.

Honesty begets honesty.
Networking tends to bring out the braggarts, the people for whom everything is going just great: stellar sales, smooth cash flow, and growth potential to last a lifetime. We can all spin our stories to sell the audience on how great our businesses are, and doing so is sometimes a great survival skill. However, I find that ditching the PR pitch and honestly talking about my challenges has saved my business more than once. About a year ago, at a networking event, I had a powerful conversation with a business owner I had just met about some financing issues I was having, and it's a damn good thing I did. He gave me excellent tips on how to assess the potential peril my business was in, and several specific ways to reverse the problem. Had I kept quiet about my woes, I would have missed a valuable learning opportunity.

Everyone has something interesting to impart.
Networking makes people nervous, because they worry they may be thrown together with people with whom they have nothing in common. In my experience, the people who are the most different from me are also the most likely to teach me something valuable. Stepping outside of your circle is one of the most effective ways to begin thinking outside your box--and networking is the perfect chance to get access to a bevvy of different types of thinkers, all in one location. At an entrepreneurs breakfast earlier this year, I sat at a table with no one I knew. I gave myself the assignment to learn about each person's business, and in the process, I discovered--from a leadership researcher!--a print-on-demand method I could use to make T-shirts to promote my brand. I also found out from the owner of a consulting business about a website-creation tool that would let me sketch out how I want my site to be reorganized. And, just by chance, I wound up talking to an IT guy who tipped me off to an alternative resource for searching for new suppliers, and they proved to be more effective than the one I had been using. None of these people are in my industry, nor did their products overlap with mine, yet they each told me about something I could use.
So think again before you consider skipping a networking opportunity or contemplate hiding out by the buffet table. Networking can make the entrepreneurial journey less lonely, provide you with great nuggets of advice, and force you to do something outside your comfort zone--all of which are fundamental to growing your business.


Monday, August 27, 2012

Dealing with Social Media

Dealing with the Social Media Imposed Discouragement

One of our readers said recently, "My single biggest problem is social media. I don't feel as enthused about my week and my weekly paycheck while others are blasting their success across Facebook and Twitter. I feel discouraged by reading their excitement."

Here's a kick start in dealing with the social media excitement of others.
Social media puts everyone on the same playing field. It gives us all a chance to toot our own horns so to speak.

What's Behind the Discouragement?

Saturday, August 25, 2012

How You Can Get Leads on Linkedln

If you’re not yet active in social media platforms, you’re missing out on potential opportunities and business. From Twitter to Facebook and all points in between, social media is essential to getting your brand out there.
With LinkedIn, a networking site for professionals, you can easily connect with like-minded people in your field. You can also be connected to prospects that may need your products or services. If you are new to the social media field, read on to learn about how to present yourself on this network.

Monday, August 13, 2012

What does one new downline member cost you? Here's how to calculate it in 5 steps...


I have a very serious question for you today. It's a question that gets right at the heart of how successful your network marketing business is ... and can become.

It's a question that every business needs to be able to answer.
But it's a question most cannot.
Here's the question: What does it cost you to obtain one new customer?

Or in the case of network marketers...
What does it cost you to add one new team member to your downline?

Most network marketers don't know the answer to this question.