So How In The World Do The Benefits Of Networking Lower The Risk Of Being An Entrepreneur?

Please follow and like us:

So How In The World Do The Benefits Of Networking Lower The Risk Of Being An Entrepreneur?

So you definitely went into business for yourself, in order to earn enough money, to continuously enjoy some type time freedom, correct?

And as you constantly work towards that end. Can you at least, (kind of sort of), semi appreciate the fact, that the overall benefits of networking, definitely lower your risk of being an entrepreneur. Say what?

Nod your heads cadets.Because it’s definitely true. The remainder of this particular post and possibly series. Is dedicated, to trying to prove it, beyond any reasonable doubt.

Let’s be crystal clear, right up front. Your business, service and or entrepreneurial endeavor.

Will most certainly, always have a certain element of risk associated with it.You and I, cannot lose track of that undeniable fact.

But there is absolutely no viable reasons why, the inherent risks, can’t be dramatically reduced and or expertly managed. Don’t you agree?

So How Or What Do You Need To Consistently Do In Order To Profit From The Benefits Of Networking!

So glad you asked. First of all, have you ever heard of an industry, which is often referred to as, the “over capacity” industry?

If you’re thinking, it involves, or totally revolves around some sort of excess inventory concept. You’re partially right.

And definitely on the right track. Basically, this is a five trillion (with a T), a year industry. Huh?Which definitely shows no signs of slowing down and or going away any time soon.

In fact, if you and I were to tap into, even one percent a year, of this outrageously large market.You’d still be taking about an industry, which is worth 500 billion (with a B) dollars a year. Say what? Exactly.

No Matter What Size Any Particular Market Is! (How Do The Benefits Of Networking Help Lower The Risk Of Being An Entrepreneur?)

Case in point. Let’s say you’re one of the senior marketing directors, of an extremely successful, exotic beverage distributorship.

And you specialize in distributing, some extremely great tasting, gourmet coffees, exotic flavored teas, lemonades, cocoas.

As well as, some higher end, wines and or champagnes. Some of which, typically retail, for somewhere between, $379-$575 per bottle.Huh?

Effectively Segmenting Your Lists And Customers Is An Incredibly Profitable Marketing Strategy!

And since you’re already aware, your ideal customer, (whose typically female.) Between the ages of 19-55. (And the primary reason why, your ideal customer is usually female, is because, your ideal female customers, typically purchase your teas, coffees, lemonades,wines, champagnes and cocoas.

Where as typically, your ideal male customers, within the same basic age demographics, don’t normally purchase as many different beverages.)

And her total lifetime customer value metrics, is usually, somewhere between $900-$5,500 dollars. Give or take, over the next five to seven year period.

Let Whatever Your Total Lifetime Value Of A Customer Or Client Metrics Work For Not Against You!

Case in point. Since your company, is definitely looking for, some non traditional ways, of (not only), initially reaching your ideal female customer.

But you’re also sincerely interested, in consistently doing so, for literally pennies on the dollar.Correct? Absolutely.

So let’s, (not only), look at the long term.But also focus, on initially leveraging, part of you marketing budget, to produce some long term, positive, viral word of mouth buzz.

And start generating, a ton of social media excitement as well.Okay. Here’s how.

You Can Either Waste A Ton Of Money Or Resources On Dismally Performing Traditional Advertising Mediums! (Or You Can Take Those Same Dollars And 5X Your Typical Results By Properly Marketing Your Extremely Valuable Products Or Services!)

You get wind of the fact, a major, (non directly competing) vendor, who typically sells a ton on teddy bears, about a week before, and maybe a day or two after Valentines day each year.

Then the demand dramatically cools off, correct? Until the following year. Which means, you arrange to purchase about 100 (or X) number of 5-7 foot teddy bears, at the dealers actual hard cost.

Say in the middle of the brutally hot summer months.Huh? Exactly. Because (truth told), it really doesn’t matter when you, and or your major competitors buy these stale (over capacity type) of extremely slow moving inventory.

Because here’s what you’re going to start doing with them.

The Overall Benefits Of Networking Are Many!

Initially, since one of your top, local joint venture (JV) partners, is a women-s facial provider. You’re going to first, (give the owner), if she female, a seven foot teddy bear on the house. Say what? That’s correct.

But the only stipulation is. She must leave prominently displaced at the shop. So all of her current and future and future customers, can see, (not only) see it. And comment on it etc.

But so they, (and the staff) can also constantly take pictures and post some really cool video clips of it, all over social media. 

And if at least one of the owners of the facial provider is a man. You’ll give him a seven foot teddy bear, to give to (, either) his spouse, and or live in significant other.

This Is Where And How Your Market Tested Entrepreneurial Ideas And O Strategies Start To Really Pay Off!

Remember. Your company is a higher end beverage distributor, correct? So what’s with the buying in bulk, (excess teddy bear inventory) and occasionally giving them away, to local, non directly competing vendors?)

Thought you’d never ask? You want to keep and nurture, some constant, positive, viral word of mouth and mouse buzz. For literally pennies on the dollar.

And the 5-7 foot teddy bear, which you strategically purchase, at a discount.Will definitely help you accomplish just that.

You Definitely Don’t Have To Be A Certified Marketing Guru And Or Marketing Gurete In Order To Consistently Generate Some Bankable Results!

In the interest, of both time and space. In part two (and beyond), you’ll discover, at lest three more proven ways, he benefits of networking, definitely lower the risk, of you being an entrepreneur.

P.S.Now as is customary during this part of our show.

Please share your extremely valuable comments (in the comments section below) that you can

apply to your business, product or service in the next 30 days or less!

As always, if you got any value out of this post, please share this post on your favorite social media sites or tweet this.Thanks!

And if you’re currently registered with either twitter and or Linkedin,and you’re ready to start power networking.Let’s get connected now!

And be sure you grab your explosive free 22 step small business marketing idea kit series, because it will help you increase your gross front or back end profits by as much as 25% in the next 90 days or less.

And help you master your effective communication in marketing skills.(No matter what your particular niche market is.)It’s a $97 dollar value and it’s free!