Category: Business

How to Improve Your Networking Leverage in Business?

network marketing

Networking is a very important phase in any business. This strategy can help you increase business exposure and meet new people—who can be potential customers or partners. Due to the rising technology, networking is becoming easier for many aspiring entrepreneurs. You can conduct business transactions and inquiries through Skype, Whatsapp, Kik, and many more communication apps. If you need help in starting a business, you can also visit the best business loan provider in Singapore today. Despite the level of technology affecting the levels of networking, there are still some techniques and guidelines that you can follow.

Be Humorous to a Certain Extent

Humor has always been a part of forging business connections. It can be used as a relief method from a day of complex business negotiation. Also, if you inject humor in the way you speak, people will think that you are fun to be with. It’s very likely that people will agree to have more meetings with you—a clear advantage for your business. You need to set a limit, though. Understand that people should still see you as a modern tactician with a funny side, and not a clown.

Entice and Withdraw

This may be an old technique, but it can still work wonders for your networking process. To entice is to keep people interested, then you withdraw the offer strategically. If you’re new to this technique, then it will take a couple of tries before you can perfect it. This networking technique is all about the psychology of the reward—what’s in it for your customers? What’s in it for the people that you’re dealing with? Develop a flexible spiel and keep practicing.

Negotiate Effectively

Networking is also about negotiation, especially if you want to achieve a certain goal. Mastering the art of negotiation may take time, and you need to be exposed to lots of people. The basic notion that you have to remember is that you should always know about your stand. Be firm in your decisions so you can be respected. Aside from that, you should also respect the other side.

By improving your networking leverage, you can increase the growth of your business twofold—or perhaps even more. Understand your business well and always refine your networking skills.

How to Make Money selling eBooks (The Right Way)

Sell_eBook_Online

Sell_eBookWith the creation of the modern eBook, many people were able to read different kinds of literature and content. Currently, there are millions of eBooks circulating in the Web today, spanning dozens of niches and subcategories. Have you ever wondered what’s it like to write eBooks and sell them to groups of people? Like other eBook writers and entrepreneurs, you can now do the same. You just need to think about several things.

You Need to Find Your Niche 

It’s tempting to write an eBook about one niche and write another about a different niche, especially if writing has been your passion. However, you need to focus on one niche first. Pick the niche that you are most passionate about i.e. payday loans, not the one driven by market statistics or other factors. Now that you have chosen a niche, you can now proceed to the planning stage.

Everything is in the Outline 

Just like any hardbound or paperback novel, you need to have an outline of the eBook that you want to make. Depending on your niche and focus, your outline should be properly segmented. This will serve as the backbone of your eBook. If you don’t have an outline, your eBook will become a mess and won’t make it big in the market at all.

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The Writing Process 

Writing an eBook is laborious, even if you’re just aiming to make it around less than 100 pages. You still need to sit down in front of your laptop and work accordingly—day by day. The work can also be stressful if you have a deadline imposed by a publisher or a literary agent. Nevertheless, you should press on. Imagine that you’re doing a work of art and you need to toil so that it will become exquisite in the eyes of people. Try to aim a standard number of words per day so you won’t be stressed too much.

The Selling Part 

You can put up your finished eBook in any well-recognized website, and Amazon is one of them. Another way is to link an online purchasing process in your blog or website; this is a common technique of entrepreneurs who are selling information-based products. Pick the one that’s adequate with your plan.

At first, the money will come in slowly. As you become more popular and reliable, torrents of cash will pour in. Until then, just be patient and always remember to work hard.

How Negotiation Creates an Impact in the Business World?

negotiation tips

Negotiation is the process getting what you want in the most diplomatic way possible. Every day, you’re negotiating with someone—whether for that extra gravy in your meal or additional scoop in your ice cream cone. From small things to multi-million business deals, negotiation clearly has a mark in this world, across all industries. To understand the deeper concepts of negotiation, you can analyze many different factors.

Negotiation is more than Table Talks

You probably witnessed many business deals in TV, Internet, or even in person. It’s normal to think that the whole process of negotiation is all about lengthy table talks. However, that is just scratching the surface. Before you can even reach to that point of table discussion, many factors are at hand. What concepts and strategies are you going to bring to the table? Who are your opponents? What are the possible things that they can throw against you? What cards are you going to play now to win the negotiation? These are just some of the guiding questions that every negotiator must face. If you’re going to engage in negotiation, make sure that you have ample time to prepare. Learn about the situation, the environment, and even the strategies of your foes.

You Need a Goal

Negotiation doesn’t just occur because two parties decided they want to claim something for themselves. Both parties have respective goals, and their negotiators keep these goals in their mind. Aside from having a goal focused on the negotiation aspect, you need to stick to a larger goal in life. This will push you forward into being a good negotiator. Make sure that every negotiation process that you’ll undergo is connected to your main goal or vision.

negotiationBig Projects Always At Risk
Not all negotiations will result into something nice or beneficial. There are many situations wherein large companies are stalled because of failed negotiation processes. Sometimes, negotiations are also protracted, delaying many resources and wasting too much time. By understanding the risk, you can now work hard in tweaking your negotiation tactics.

In a single negotiation meeting, global forces can change and organizations can work against each other. If you’re in the negotiation table, keep your emotions under control and focus on your current directive.