In the book, Think and Grow Rich, Napoleon Hill talks about building your network into your Mastermind Group which is simply a refined network that will help you in your path towards obscene wealth and success. There are many examples of people in the book Think and Grow Rich that built their own networks to help them achieve the success they are looking for.

In the chapter, Desire, Napoleon Hill talked about how Edwin C Barnes had the Desire to become a business partner of Thomas A Edison. He achieved his objective by building a network that helped him get to the point where he was an equal and become the partner of Thomas Edison.

Knowing where and how to start building your network is the toughest challenge. Below I have set out four basic steps as part of your Networking Plan.

Step 1. Define Your Desire

Napoleon Hill teaches us in Think and Grow Rich that you can only achieve what you truly Desire and this is also true of networking. What is your desire of building your network and the people in your network?

For example your Desire of your network might be to build a network of like minded businesses, for instance you might be a builder and your network you want to build might include painters, decorators, architects, Loan specialists etc. The Desire of your network maybe to bring 60% of your business from your network.

Essentially what you must do when starting to build your network is to identify what you Desire your network to be. Make sure that you write out your Desire at the top of the page so that you can easily visualize what your Desire is.

Step 2. Set Out Your Goals

Once you have a clear Desire, your next step is to define the goals of that desire. Earlier I gave you the example of a network that you might desire as a builder. The desire of the builders’ network was to have painters, decorators, architects, loan specialists in the network. In the goals section of this four step process you must identify specific targets.

In Napoleon Hills chapter, Autosuggestion he states that for you to achieve your Desire it must be something that you can see as tangible. Simply having the desire to be Rich will never allow you to achieve anything, but having the desire to make $400,000 Cash is a tangible desire and goal you can achieve. The same is true of networking.

If you are building your network, you need to state in your goals specifically which painters, decorators and architects you want to be apart of your network. You should write those tangible goals down because these are the people you want to build your plan around to achieve your network.

Step 3. Develop Your Plan

The third step in your Networking Plan is to work out how you are going to network with these Target people. Your plan must involve a lot of research to identify where they spend their time and how you are going to meet them in a networking environment.

For example, your target architect maybe a member of Rotary so your plan that you are developing maybe to find a way through your current network to join the same Rotary Group that your target architect is a member of. In your plan you may identify that you will go to four meetings and introduce yourself four times before asking to have coffee with this person or to meet at some other function to get to know them more intimately.

Before you set those meetings into stone you need to do some research on their business but also the right questions to ask them. Remember the key to being a Master Networker is to make the target feel important and ask them about their business. It should not be your agenda to push your business down their throat. You will find that after a period they will naturally ask you about yours and when that situation arises it is your turn to introduce your business.

One of the other tasks that I recommend that you as part of this step is to practice the delivery of your questions. I also recommend that you commit your questions to memory before meeting with these Target people. The reason you should do this practice is to ensure that your delivery of the questions is natural rather than being staged. I strongly encourage you to ask a colleague to help you master these questions and to practice how you deliver them during a networking function.

Step 4. Implement Your Plan

Once you have developed your plan, the final phase is to implement your plan and to get out and start meeting the people you want to make apart of your network.

The bottom line is this, networking is a skill and like any skill it will take time to practice and that is why you must follow the four step process. Remember, elite swimmers do not win Olympic gold without a clear plan and a lot of practice and networking is no different. To finish off I want to simply outline the four steps in your networking plan.

Step 1. Define Your Desire
Step 2. Set Out Your Goals
Step 3. Develop Your Plan
Step 4. Implement Your Plan

About the Author:

If you would like to read Think and Grow Rich by Napoleon Hill simply visit my website. Alternatively if you would like to learn more about marketing your business online visit Online Marketing.

Q1. Why did you choose to start your business?

Everybody loves to tell their story and this question really opens the door for them to talk about them and their business. Unlike when we were younger, in business we must talk about our business to survive or no one will know who you are.

Q2. What is it that you enjoy about your position and your career in this industry?

One of two things will happen with this question. They will either whine and winge about their role or business or alternatively they will tell you every positive thing that has happened.

Q3. How do you distinguish your company for your competitors?

This is the chance for the person you are talking to, to give you an advert on their business. To share with you why they are the leaders in their industry and what makes them different to all their other competitors.

Q4. How do you promote your business to your customers?

Learning how they promote their business to their customers may in fact open an opportunity for you to both work together in marketing each of your business. You may also pickup hints and tips to market your own business. The key role in business is to find ways to expand your sphere of influence and learning how they promote their business may enable you to use that technique to market your own. You may also be able to refer them to a colleague who would be interested in working with them. This will earn you a reputation as a powerful source of information and influence.

Q5. How has your industry evolved over the years? What changes have you seen?

Learning how their industry has changed helps you see how long they have been in business and their understanding of their industry. Most people will have a tendency to throw facts and figures your way which may help you or they expand both of your businesses or maybe there is a way to work together.

Q6. What new trends and opportunities do you see evolving in your industry?

No industry stays stagnant and there are always new trends and opportunities emerging. This is once again your opportunity to learn about their industry but also the chance for you to find new opportunities for your business.

Q7. If someone wanted to enter your industry what advice could you share with them?

This question is about seeing if they are prepared to share. This question is designed to help you work out how easy they are prepared to help those around them and those they do not know. This in turn teaches you about their character.

Q8. Can You Share with Me, a Memorable incident that has occurred in your business?

Everyone has heartwarming and good will stories that they want to share. This gives you a chance to learn what they consider an important and memorable moment. It helps you learn more about them and what they consider important.

Q9. If you new that there was no chance of failure, what would you do with your business?

Opportunities in business can come from anywhere and at anytime. The key advantage of this question is to look for opportunity. You may find an opportunity to help someone to make their goals a reality or through your networking you may be able to facilitate the person achieving their goals and in the long make some money for yourself.

Q10. How would your customers describe the way you do business?

This question gives the person you are talking to the opportunity to share with you positive stories from customers on how they have helped them in the past. This is your chance to learn more and more about your networking partner.

The ten questions I have outlined in this article are designed to help you learn about the person you are networking with. These questions are designed to help you learn about their character and whether they will be a powerful member of your mastermind group.

Look, remembering these questions can be a little challenging especially if you are in a highly stressful networking environment or meeting place. My recommendation to you is to copy these questions onto a small card and laminate the card. The card should be the size of your business cards and they should fit into your wallet. If you ever forget any of the questions you can always pull it out of your wallet as a quick refresher. An easy way to do this is to simply excuse yourself to go to the bathroom and discretely review the questions in the bathroom.

To finish off I want to reiterate the ten questions to help you start a conversation in a networking environment:

Q1. Why did you choose to start your business?
Q2. What is it that you enjoy about your position?
Q3. How do you distinguish your company for your competitors?
Q4. How do you promote your business to your customers?
Q5. How has your industry evolved over the years? What changes have you seen?
Q6. What new trends and opportunities do you see evolving in your industry?
Q7. If someone wanted to enter your industry what advice could you share with them?
Q8. Can You Share with Me, a Memorable incident that has occurred in your business?
Q9. If you new that there was no chance of failure, what would you do with your business?
Q10. How would your customer describe the way you do business?

About the Author:

IF you would like to read Think and Grow Rich by Napoleon Hill simply visit my website. Alternatively if you would like to learn more about marketing your business online visit Online Marketing.

To do this, you first need to provide something of value, something relevant to your field or business that will generate interest among your peers. Arm yourself with research before you attend an important conference, so you’re ready with a well informed and researched presentation. Or if you are a member of your professional association, or the Rotary Club, for instance, plan to speak in public. This will a long way to demonstrate that keep up-to-date with current developments in your field and reinforce the perception that you are valuable asset in any organization or project.
From a business perspective, it is important to connect to and seek out other professionals involved in your field, or in your town. This is in no way to suggest that you forge friendships solely to further your business interests. Only that meeting relevant people is part of your professional networking plan.

A relevant person is one that you have a mutual interest contacting, based on the way your professional world operates. If your professional world is on a more local level, this probably means something different than if you are interested in creating contacts in your specific business field.

Few of the ways to find these relevant people involve religiously looking through the newspapers to identify the key players. Be on an alert during conversations, as a name that could be of use might just crop up. You might just also ask people who you think can help you with these names.

The next step is to contact relevant persons individually. This is usually best done in writing. Send a brief letter about your company or your work, and ask for suggestions. Make sure you can express specifically what you liked about something you saw from this person, and let her or him know you would be interested in meeting at a specific conference or group meeting.

Do not try to be cute or self-depreciating. Also, do not flatter the person or gush about how great they are. Keep the communication to the point and professional. Additionally, do not write in a way that seems to demand a response. Be sure to phrase your letter in such a way that lets the person know you would appreciate some insight or a meeting, so long as it is not an inconvenience. And do not take it personally if you do not receive a response. Most of the time it just means that the person is swamped. You can be polite and introduce yourself if you see him or her at a conference or meeting down the road.

One-on-one meetings are a great way to get the ball rolling. When you’re next at a conference, just go up and introduce yourself to a relevant contact. If you send your introductory letter first, it will make talking that much easier. Meeting people in these face-to-face encounters helps you in your network-building, and puts you in the public eye. So people always remember you, what you do and who you are. Especially when you follow up, when you connect to keep communications open with others, they will respond. And help you build a rich and successful network.

About the Author:

Vlad Ehrsam runs a very interesting website at Full Info on Business, it’s one of the webs most up to date Business sites, while you’re there sign up for the free newsletter.

These business networks have a business model that is also known as multi level marketing. The business model follows the system of appointing individual distributors that work with the company by selling the products as well as appointing other distributors under them. Basically the earning of the individual is partly from margins generated by sale of goods and a percentage of sales achieved by the distributors they appoint. A business network individual grows by appointing distributors under him and motivating them to appoint more under them. The level of earning under each network depends upon the network statistics and percentages as laid down by the parent company.
Many innovative business networking schemes keep cropping up anew day after day and one need not be surprised if an invitation comes your way. They are easy to run and easy to sell. This is so, because these business networks target the people near and around a business person, like relatives, friends, colleagues and acquaintances. When a good business networking opportunity comes across, it becomes keeping in touch and earning money all the more fun.

These business networking schemes also help increase your circle of friends and acquaintances and help to increase one’s social influence and business presence that may be unrelated to the network business itself.

The best way to go about taking up a business networking proposition is to select the bets available sponsor. The sponsor should be able to guide a new independent distributor in the initial stages of business and help learn the finer nuances. He or she should be able to act as a friend, philosopher and guide. Taking the business slow at the beginning would be good, so that a new distributor can break teeth into it. Most business networking programs offer excellent and peerless training sessions that change your outlook towards life forever.

No question about it; you provide one of the most valuable services imaginable. However, without an ongoing and ever-increasing number of new, quality prospects, you’ll eventually run out of people with whom to share the benefits. You might even end up asking yourself that most dreaded of questions in the world of sales, which is, “Who do I talk to next, now that my original list of names has run out?” That thought can be downright discouraging, can’t it? Then again, it need not happen.

About the Author:

For more information on business networking please make some time to visit business networking.be.

Once your business is available to everyone, you can consider that you have entered the global market, this certainly tells that your business has turned international. Once you have gained this height you can opt for a customer support center, which in other ways optimizes your business capabilities to the general public. It is very important to have a call center in order to make sure that your customer can come back to you for more and more products.

When you work with business networking, you are going to be in a place where you can take advantage of the networks of others, without having risk to yourself. When you reach out to work with others, you will be kept updated on the latest news and events, and you will also find that you are in an important place to be able to teach and inform others. This builds up a great deal of trust and rapport that is important to any business.

Succeeding alone is extremely difficult, if not impossible. You need the contacts and the alliances that business networking can bring, and you’ll find that one of the best places to get that is Giblink Revenue Sharing Program, where people are making connections that will change the way their business operate. You’ll find creative people who are looking to work together towards better business networking, and you’ll find an important place for your talents.

These success strategies can surely take you a step ahead in your business.

About the Author:

Sylvia Victor has been studying marketing techniques for several years. She has learned from some of the best experts in the industry. With giblink2.0, you connect your ideas and indentity to the world. Learn about social networking and build the global business of your dreams at Giblink Revenue Sharing Program

For this reason, you may be thinking about starting your own business on the Internet. You have probably heard about Internet businesses raking in billions of dollars annually, and would love to have a piece of the pie. However, before you begin, make sure that you take some time to educate yourself about doing business online.

Selecting the Right Internet Business

One of the biggest reasons for failure, whether a business is online or offline, is that the business owner didn’t choose the right business for them. Specifically, they start a business in a field that they know little or nothing about. It is usually best to start a business in a field in which you already have some experience. However, you can also take advantage of a business opportunity where you will be taught how to build and market that business step-by-step by someone who has already done it.

Money will be very tight in the beginning, and unlike a traditional brick and mortar business, most people who are starting their own business on the Internet rarely borrow any start-up money. Instead, they generally keep their regular job, and build their business on the side, using money from their paychecks. You don’t need a fancy office or employees to get started, in most cases. Plan to do the work yourself, and only outsource that which you do not have the skill to do.

You must also realize that it takes time to build your business to the point where it is profitable. You aren’t going to become a millionaire overnight, in the next two weeks, or even in the next year - but realistically, you can have a profitable business running in as little as a few months, in most cases.

One of the best ways to get started online is with affiliate marketing, which is also referred to as referral programs. A referral program will enable you to earn commissions by selling someone else’s product. This is a great way to get started making money online and truly prepares you for doing business on the Internet.

Launching Your Internet Business Web Site

Once you’ve decided what type of business you would like to have, and what products you would like to sell, your next step will be to develop your web site. Your web site should look professional and be specifically designed to sell the products you’re marketing.

You must also develop a strategy in which to use your web site to sell your products. Although there are many ways you can do this, the easiest way to get started is by publishing a blog. A blog, which is short for web log, is a personal online journal that can be viewed by the public.

The author of a blog, referred to as a blogger (web logger), usually makes entries to the blog daily or weekly. These entries usually contain commentary on specific issues, helpful tips, information, or instructions with regard to the subject matter and recommended appropriate resources. This is where the products you’re marketing come in. You can take this opportunity to recommend products via affiliate links and make some sales.

The great thing about blogs is that they have the potential to create a lot of repeat traffic to your web site, as your readers will return each day to read your latest post. In addition, Search Engines love blogs, as they are loaded with valuable content and updated very frequently.

Visit Blogger to learn more and set up a free blog. Or, if you have a web site and would like to set up your own blog, visit WordPress.

Marketing Your Web Site and Products

Just as selecting the right business and products is a very important part of your success, your marketing strategy is just as important.

Your marketing strategy must include both short-term and long-term strategies in order to be successful.

Short-term marketing strategies will provide you with a temporary increase in traffic and must not be solely relied upon. Your short-term strategies may include: purchasing advertising, participating in targeted forums, search engines marketing, etc.

Long-term marketing strategies will provide you with a steady stream of traffic, which will continue over time - even years later. Your long-term strategies may include: building an opt-in list, blogging, social networking sites, social bookmarking sites, giving away branded items, such as software, writing and distributing content, such as articles, etc.

By using both short-term and long-term marketing strategies, you will increase your traffic significantly.

Conclusion

No matter what you decide to do online, your attitude will play a major role in your success. You must have a positive attitude and a sincere desire to succeed. You must also be highly motivated and be willing to work hard and take the necessary steps to make it happen.

Success is a choice - you can choose to not take any action and things will stay just as they are right now. Or, you can choose to take action and take the necessary steps to change your life. The choice is yours.

About the Author:

Shelley Lowery is a successful well-known Internet Marketer and the owner of www.Web-Source.net . Join Shelley in the most exciting business opportunity in Internet history. Make up to $5000 or more weekly with a proven automated residual income system that is making many members wealthy in a very short period of time. www.BoardYourShip.com

]]> http://online-business.iklanta.com/?feed=rss2&p=4 http://online-business.iklanta.com/?p=3 http://online-business.iklanta.com/?p=3#comments Sat, 04 Oct 2008 00:41:20 +0000 admin http://online-business.iklanta.com/?p=3 There are some really great ways to make some good money online and it isn’t just a dream. You will have to design a web page that will draw a steady and growing stream of highly targeted traffic. Once you have accomplished this goal it is now time to offer products and/or services to your avid consumers. They are paying close attention to your site and now they want more. The first challenge you will face will be converting your visitors into buyers.

This is the focus no matter if they are buying a product directly from you or an affiliate product. People always visit sites and are looking for something free. To help persuade your visitors to consider buying anything you will have to make advertising like the content that attracted them to the site in the first place. Two of the best ways to turn your traffic to cash with out having to develop or promote a product of your own are attracting paid advertising and affiliate products.
Attract paid advertising can be used with great success when your site is getting a lot of visitors interested in a specific topic. You will be able to sell ad space to businesses that have related products. The business will pay you a specified amount to be linked on your site. To make any real good money you would have to have many advertisers and many web pages. Many of the old advertising schemes don’t generate the high business they used to and so the fee is much smaller now than it was in the past. If you are not interested in having to search out advertisers that would possibly be interested in your market.

Then go Google. Google’s AdSense program is a great market place. It evaluates the content on your site and serves ads it thinks will be of interest to your readers. When someone clicks on the ad Google gets a fee from the company and then pays you a portion of it. This is an easy hands free moneymaker. This will definitely give you some cash from your site traffic. Ad brokering companies offer similar services. Companies like Real Media and Burst Media are popular companies who offer these services. Make sure to look at the terms and conditions of any company because they all are different.

Promoting affiliate products is a fabulous way to make good money on line and very easy to set up. This is basically a no-risk partnership between you and the product producer. You will want to find a product that is related to what your site content is about. You will promote this product on your site and every time one of your visitors buys the product you will a percentage of the sale. When you sign up for the affiliate program you are issued a special affiliate URL that tracks the visitors you send to the company’s web page. If sales are generated from the people sent on your URL code then you get paid.

However, like all businesses, there are lots of pitfalls in the affiliate marketing business. Committing some of the most common mistakes will cost the marketers a large portion taken from the profit they are making everyday. That is why it is better to avoid them than be regretful in the end.

Mistake number 1: Choosing the wrong affiliate.

Many people want to earn from affiliate marketing as fast as possible. In their rush to be part of one, they tend to choose a bandwagon product. This is the kind of products that the program thinks is “hot”. They choose the product that is in demand without actually considering if the product appeals to them. This is not a very wise move obviously.

Instead of jumping on the bandwagon, try top choose a product in which you are truly interested in. For any endeavor to succeed, you should take some time to plan and figure out your actions.

Pick a product that appeals to you. Then do some research about that product to see if they are in demand. Promoting a product you are more passionate about is easier than promoting one for the sake of the earnings only.

Mistake number 2: Joining too many affiliate programs.

Since affiliate programs are very easy to join, you might be tempted to join multiples of affiliate programs to try and maximize the earnings you will be getting. Besides you may think that there is nothing wrong and nothing to lose by being part of many affiliate programs.

True, that is a great way to have multiple sources of income. However, joining multiple programs and attempting to promote them all at the same time will prevent you from concentrating on each one of them.

The result? The maximum potential of your affiliate program is not realized and the income generated will not exactly be as huge as you were thinking initially it would. The best way to get excellent result is by joining just one program that pays a 40% commission at least. Then give it your best effort by promoting your products enthusiastically. As soon as you see that it is already making a reasonable profit, then maybe you can now join another affiliate program.

The technique is to do it slowly but surely. There is really no need to rush into things, especially with affiliate marketing. With the way things are going, the future is looking real bright and it seems affiliate marketing will be staying for a long time too.

Mistake number 3: Not buying the product or using the service.

As an affiliate, you main purpose is to effectively and convincingly promote a product or service and to find customers. For you to achieve this purpose, you must be able to relay to the customers that certain product and service. It is therefore difficult for you to do this when you yourself have not tried these things out. Thus, you will fail to promote and recommend them convincingly. You will also fail to create a desire in your customers to avail any of what you are offering.

Try the product or service personally first before you sign up as an affiliate to see if it is really delivering what it promises. If you have done so, then you are one of the credible and living testaments aware of its advantages and disadvantages. Your customers will then feel the sincerity and truthfulness in you and this will trigger them to try them out for themselves.

Many affiliate marketers makes these mistakes and are paying dearly for their actions. To not fall into the same situation they have been in, try to do everything to avoid making the same mistakes.

Time is the key. Take the time to analyze your marketing strategy and check if youa re in the right track. If done properly, you will be able to maximize your affiliate marketing program and earn higher profits.

Author: Dina Fedorova, finding a Home Business that’s Right for You, has a passion to help ordinari people start and run their Own Home Based Business.Visit my site and download “Dotcomology:The Science of Making Money online”. Absolutely Free at: http://www.Net-Plus-Profit.com