#1 Skill of Successful Entrepreneurs and Professionals.

© Expressive Business Strategies 2005 – 2008, All Rights Reserved

Entrepreneurs of the Information Age must build contacts to survive in this world of intense competition.

This is a lightning fast, changing world. Business is negotiated in a fraction of a second.

The question is, how does a person that has just begun a business have access to such transactions?

The answer is……

Contacts

The average person knows 250 people and each one of those people knows 250 people. So, for each new person you meet you gain access to a potential new group of 62,500 people through one progression.

Mathematical Progression

250 X 250 = 62,500 62,500 X 250 = 5,625,000 5,625,000 X 250 = 3,906,250,000 3,906,250,000 X ……….. WOW!

The entire world’s population is connected

We are constantly being introduced to new people every day. Remember that each one of them represents 62,500+ potential clients and perhaps in many countries.

Networking is one of the most profitable activities a person could engage in

Simple Rule

Greet each new person with an openness to learn more about that person, a willingness to help, and an offer to stay in touch.

It pays to network at networking events, and to keep communication skills sharpened.

Networking is a 2 way street you receive according to what you give

Always ask for referrals at the conclusion of a successful business transaction.

There are hundreds of new contacts around you every day.

Watch for “Divine Appointments.”

Don’t miss opportunities to Network

BUSINESS NETWORKING is the process of creating a mutually beneficial relationship with the other business people and potential clients.

“Master Mind Group”

“Coordination of knowledge and effort, in a spirit of harmony, between 2 or more people, for the attainment of a definite purpose”

Book- “Think and Grow Rich” – Chapter 10 Author- Napoleon Hill- 1938 – Wilshire Books ©

Look for the best Networking Groups. Most of the good ones operate as exchanges of business information, ideas and support.

Sofia Business Network http://biznik.com/sofia-bulgaria

Bulgarian Chamber of Commerce http://www.bcci.bg/

The power of INTERNET ON-LINE NETWORKING is in the innate viral effect so unique to the internet.

- Websites - Twitter - Facebook - Linkedin - Skype - YouTube - Messengers

On-line Meetings - Go to meeting.com - Webinars

What is social media?

Social media includes web sites where the world goes to find information about things, including your businessThink of social media free places to advertise your businessUse the two most popular sites that have hundreds of millions of users worldwide:  FaceBook and Twitter

Twitter has 500M users The purpose of Twitter is to communicate to your followers

in 140 characters or less Used to broadcast a “tweet” with current information, and

point people to specific information Anyone can create a free Twitter account at

http://www.twitter.com

Facebook has almost 1 Billion users worldwide The purpose of Facebook is to share information Any company can create a free page on Facebook at

http://www.facebook.com/pages/create.php   Example: http://www.facebook.com/starbucks    Example: http://www.facebook.com/mcdonalds    Example: http://www.facebook.com/barackobama ·         Use it to communicate with customers, make

announcements ·         Give readers pointers to other sites, information and

pictures ·         Have a page for your company, and for individual

products       

The world’s largest collection of video clips

6 billion hours of video are watched each month

You can create a free YouTube account at http://www.youtube.com

You can upload videos up to 10-minutes long for free

 

An online diary where you write whatever you wish It can be about your company, your products, your

thoughts You can create a free blog at http://www.wordpress.com The most viewed blogs are businesses in their own right    HuffingtonPost    TMZ    BusinessInsider    Engadget