Matching Up With A Compatible Business Partner – Ms Johnnie Wright – Coastal Vacations

Matching Up With a Compatible Business Partner

• If you thought that marriage was a difficult relationship to enter into and maintain, you have obviously not experienced the turbulent waters of a business relationship. Much like a mismatched marriage, hooking up with the wrong business partner at the wrong time will lead to disastrous consequences for your business – sometimes it will be impossible to recover from them! The idea of matching up with a compatible business partners will eventually hit the majority of entrepreneurs. The need for another entrepreneur who brings to the table skills and contacts lacking and who will help to get a business either get started or climb to the next level of competitiveness cannot be discounted. Born from necessity, there is now a web presence of a company that seeks to bring business partners together. Imitators soon followed, and at this point in time there is no shortage of websites that will help the aspiring entrepreneur to hook up and partner up with others who will be able to get a business up and growing. Yet caution is still the need of the hour and just like dating sites will seek to match you up with the potential spouse of your dreams, a failure to be honest and open with your wants and needs and a lack of a good dose of gut level common sense can still set you up for failure. Here are some tips for those who are looking to match up with a compatible business partner:
• 1. Your potential business partners should have a skill set and also relevant work or business experience that complements you and your business. Enthusiasm is not enough to make the cut.
• 2. Do not settle for a partner who brings similar strengths and abilities as you already have to the table. The goal is not to double your effort but to take advantage of the much needed skills and knowledge that someone brings to your business which you lack.
• 3. Just as important as the hard skills are the soft skills. Somebody may be a whiz at computer programming, but if she or he lacks that go-getter attitude that you have, then this match will not flourish. The personality conflicts will prevent a harmonious work relationship.
• 4. Take your time when meeting a potential partner. Do not blindly jump into a business relationship but get to know the person, their goals and ambitions, and also their shortcomings.
• 5. Age works two ways. While it is tempting to hook up with a business partner who is of similar age as you, do not limit yourself! A younger person will bring an enthusiasm and zest to your business which you might be lacking – although you might not know it – while an older individual will bring life experience and quite possibly also years of business acumen which you simply have not been able to have.Understand that taking on a partner is not a guarantee for business success. Instead, it is a way of stacking the odds in your favor!

 

No Real Secret To Marketing Network Success – Coastal Vacations Travel Club

Despite the claims made by internet sites that only their most recent book on marketing network success reveal the secrets needed to earn a lot of money, there are not any real secrets involved. It is a matter of dedication and hard work that make people successful at network marketing and over the years people have attempted to share information about why they failed, but most of those with an introduction to network marketing already know what will not work.

For those thinking about getting into network marketing the secret to survival is caution and skepticism, especially when dealing with companies that only conduct business on the internet. Everyday, there are new offers for making money in a hurry without doing any real work. If you are type of person who believes that line, you are exactly the type of person the scam artists are looking for. In the brick and mortar business world there is not such thing as a free lunch and it is no different in the cyber world.

A basic understanding will help everyone decide which of the network marketing opportunities offer them the best chance for success, but once the decision is made, it will depend on how much work they are willing to put into their new endeavor how much success they achieve. Network marketing is a business and a job. Ask anyone who has ever sold products through a party plan type of business and they will tell you it can be rewarding but it requires work.

The biggest difference between that type of business and network marketing is the name as they both depend on working with others inside a network or friends, family. Business associates and acquaintances to get the business off the ground. It then requires continuous commitment to the job and in finding others looking to make money through sales and distribution.
The network marketing business is simple in its theory, where a company has products to sell and they hire independent contractors, better known as distributors to sell the product for them. In return, they receive a cut of the sale, a percentage offered as a commission on all sales directly made by the distributor. To earn even more money and to add to the company’s sales force, the distributors are encourage to recruit others to work as distributors, in return offering them a percentage of their recruits’ sales as a commission.

How many levels this goes through may be different in many companies, but three to seven levels is typical, depending on the industry. Some companies require two separate legs to the downlines, the term used for those who became distributors under their guidance, which requires people be placed into positions in the downline on alternate legs. The more people who join under each leg, the commission for the recruiter increases.

It is also common for companies to offer non-cash prizes such as trips and cars to help boost their distributors’ recruiting efforts, but the main focus, and the way anyone makes any money is by selling the product.

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