The Importance Of Role Models For Entrepreneurs

Do you think you have the capability to become an entrepreneur? There are lots of successful entrepreneurs present in this world today. It is very important to find the right kind of qualities that are required to become successful in this field.

Some people try to begin from the scratch but it is quite difficult to reach the top fast in this way. This is the reason why the young generations of entrepreneurs try to model their behavior on people who have already achieved success in this field.

There are various role models for entrepreneurs. It is very important to choose the right kind of model. When you hear of a role model the first thought that comes to your mind is of people who have reached heights are very popular all over the world.

These people too surely had their own role model who they used to follow. A role model is actually meant for following. Your model can also be a person who belongs to your family or even or your friend circle.

The person might not be well known and popular all over the world but he has made something for himself. You can look for such people in your family. If you have someone very close to you who has already made it to the top then you can even get good suggestion as well as tips from the person.

You must understand the importance of the role models. They will help you learn how to become a successful entrepreneur. The most important thing that entrepreneurs must have is the will to win.

The entrepreneur role models usually help the budding entrepreneur to learn about the various qualities that are necessary to become successful and reach the top. One of the things that you need to find out is the common trait between all the successful owners.

You must always remember that owning and managing a company is not too easy. You need to have enough guts to take proper decisions and also be ready to tae risks. Role models for entrepreneurs might differ from one person to the other but the characteristic traits of these successful people usually remain the same.

You need to follow these traits. People who are successful as entrepreneur are always good leaders. So you must also make sure that you become a good leader and mange your team in the best possible way.

Team work is very important because you alone cannot take your company to the top, you will need help from the employees. This is the reason why you also need to learn how successful entrepreneurs deal with their employees. This is why role models are so much essential.

Get More Leads Through Email Marketing

First thing, I would say that to start email marketing campaign we need a list of quality data. So collecting a good list of data will be the first step of your success in email marketing. Now you have to think twice before buying data from other sources. So what would be the next step to collect a good quality of data? If you are going to buy list of email IDs from other sources then ask them about the sources of data. It is a very important point that couldnt be ignored while in the process of purchasing data from some of the other sources.

In this, I just want to say that if they have collected data from relevant sources then you can earn more leads through that data otherwise its useless if data was grabbed from unrelated sources. So be aware of this thing before buying users email IDs list from any of the sources. I think that it would also be a good idea to utilize your own data that comes from your portal and use it for re-marketing. After utilizing your own data, send emails to them who might be interested in some other relevant services or products.

An attractive and creative email always helps in generating good number of leads so make a good email template before sending to them. In this, you would be required to mention your unique selling points that make difference from others. And use the good contents inside the email followed by action plan.

Other thing, Take a help of trusted email sending platform to send bulk emails. For this, you may hire any of the email marketing agencies that work better in the market. You may also ask them for a free demo test before subscribing premium services. After taking a free demo test, you will be able to understand that your messages are getting delivered or not. So make sure all of the things before sending emails.

If you follow these steps carefully then you would be able to generate some more leads online through your email marketing campaign. Let us start and get more business.

Get Your Business Listed On Biggest B2b Portal

Growing Web portals online has encouraged all the small business owners in the market to come and promote their businesses over internet. Small businesses like small manufacturing unit, exporters, and suppliers from any field of business. Web Portals are similar to Websites or Web Pages which are informative in nature. Again an informative website is a collection of web pages online which offers vivid variety of information related or concern to the business it offers or the idea what the designer or the owner has in his mind. These business portals nothing different from the hard bound business directories we people generally have at home just that web portals are the electronic version of the same. Web portals acts as online B2B directory where B2B stands for business to business which means that it specifically facilitate or comes in handy to the business owners of any area but if seen other wise they are equally helpful to the general public like us as we about equally require business listing around us. Also with the growing exposure to internet we who working professionals or students or business owner do roughly 10 percent of our daily shopping from internet, if not we at least look for the required products online once before going to the shop.

In India the business related web portals or Indian b2b portal are really growing these days, with the increased reach of the consumers and business owner in India the scope of business owners to list their businesses online has also grown. India nurture a uncountable numbers of small cottage size businesses on its chest, spread over the India from north to south and east to west. India B2B portal are has high scope of business listing on them together with business variety provided that the consumers and business owners are well aware of these websites.

Listing businesses with online B2B directory not only help support your business by promotion it online to be visible to numerous visitors and potential customers. It also builds BUSINESS LEADS, BUSINESS CONTACTS, and POTENTIAL CUSTOMERS for any business listed online.

India B2B portal offers its visitors and customers to list their business for free as well as paid, under various business listing categories. It offers highly interactive interface for the visitors and easy index-able business categories to help both the list-ers and the visitors to find their required elements on the business portal.

With various membership schemes available for paid business listing keeping different business sizes in mind and numerous visitors recorded daily, it is believed that the growth of business is confirmed with business listing.
Business portals stand more efficient than the individual websites if seen through ROI criteria. If compared return is not much as per the investment is concern for private websites. Whereas it is just contrary for web portals, business owners get much more benefits than they may get from private website of their business, for example business lead from all over the region. Indian b2b portal is the best way to go for any business owner, small, large, manufacturer, exporters, or any kind of trader, situated in India. Not only that it benefits business situated over India, but also others by providing contact details of the traders who are based in India. This facility helps majority of the business owners who are not based in India but still wants to get into business with Indian marketers.

Online B2B directory offers wide variety business categories for businesses from agriculture, transport, hardware, medical and many others to choose from. Directory being available online is visible to masses worldwide also and is update every day. Indian b2b portal offers genuine business listings which saves time of the visitors or potential customers. All these facilities makes Indian b2b portal one of the major and best BUSINESS 2 BUSINNESS Portal in India.

The Influence Of Internet On Modern Business

An Internet Marketing program has two sides. One is the part devoted to individual customers. The other is the business to business component. E-commerce programs as well as advertising, sales support, customer service and public relations are all elements of an internet marketing program.

Similar companies compete against one another while being only a click of the mouse away. In other words, a buyer can locate numerous sellers offering similar merchandise, similar prices and similar offers in a very short time period. As more people and businesses become comfortable with the internet, the marketing landscape will continue to evolve quickly in the coming years.

Use of the internet has exploded during the last few years in both the consumer and business-to-business markets. Although the experts still debate the future of the internet, no one doubts it is having an impact on how business is taking place in the twenty ‘first century, even with all of the – – dot crashes – – of the late 1990s. Here are some facts about the internet that highlight its tremendous growth and presence in society:

– The most common products consumers’ research online and purchase off-line (at the store or outlet) are: automobiles, computer, hardware, travel, electronics, books, appliances, music, sporting goods and clothing.

– Over 25 percent of all business-to-business purchases are placed through some type of internet connection.

– The five top business-to-business e-commerce products are computers and electronics, motor vehicles, petrochemicals, utilities, papers and office products.

– In 2004, 10 percent of business-to-business advertising dollars were spent on the internet. The total amount spent was $8.7 billion.

– About 54 percent of the e-mail users have responded to an e-mail advertisement. Almost half purchased a product.

– Internet retail sales account for almost 2.5 percent of all retail sales.

Business-to-business marketers were among the first companies actually to make profits using the internet. In today’s marketplace, the web is becoming the communication tool of choice for many business-to-business companies. The internet provides opportunities for communication, customer service, sales support, collaboration and e-commerce.

Some companies use the internet for every aspect of their business including taking orders, inventory control, production scheduling, communications plans, sales programs, service departments and support programs. The change from traditional communication channels such as salespeople, telephone and – – snail mail – -to the internet and e-mail happened quickly in some companies and more slowly in others.

Now, convincing top management of the benefits of internet marketing is essential. There is still a lack of internet expertise in the business community. As a result, many companies are turning to marketing agencies for guidance.

To conclude, the influence of the internet on various businesses and industries has been clearly noted in today’s world. The presence of the internet and e-commerce is so sweeping that the various applications of web technology are now essential elements of a fully integrated marketing communications program.

An Overview Of Entrepreneurship

In the field of business, the people involved in the playoffs are called the entrepreneurs. They are also referred to as businessmen. They own and run their own businesses. In the strictest sense, the definition of what a real entrepreneur is varies.

The only certain thing is that, entrepreneurs are very much involved in today’s American business arena. Tracing history back, it is said that the term entrepreneur has been conceivably recognized as an adamant part of the economic world only in the mid 1970s. The concept has then started to evolve with various meanings depending on the understanding of the society that gives meaning to it.

In an online dictionary as defined by the Webster’s Revised Unabridged Dictionary, in the year 1913, entrepreneur has been defined as the person who makes some products for his own benefit or account. This gives about the idea that the term has successfully evolved way back in the year 1913. Now such definition may quite be blurry.

How can a person be called an entrepreneur when he does nothing with that product aside form creating it? What term will be labeled to a person who takes other people’s products and make a success out of them? Will they be not branded as entrepreneurs too? According to Merriam-Webster dictionary, an entrepreneur is someone who organizes, who manages, and who assumes the risks posed by the business or enterprise world. Now this definition of an entrepreneur is richer in content compared with the first one. Risks-these are literally faced by entrepreneurs as they pursue with any type of investment in the market.

In a much formal definition of Ashoka, an entrepreneur goes to refer to an organizational society that promotes nothing but social change. Social entrepreneurs are those individuals who open up some new and major possibilities in the areas of health, education, environment, and all other areas of the human needs.

To drive a stricter point, the business entrepreneurs are those who lead the innovations in the world of commerce while the social entrepreneurs are those who drive social change in the society. In more ways than one, such definition all the more points out that those business entrepreneurs not only start with any type of business but they do promote change within the business range.

Dale Tucker, a personal entrepreneur, goes to define the term as an individual who decides to take hold and control of his own future and therefore become a self-employed person either by creating his own business or by working with a team just like what multi-level marketing means. On the other hand, Mark Hendricks suggests that for one person to be called an entrepreneur, he needs to be particularly daring. He must be able to meet the challenge of either winning or losing in the business. He therefore must be open to the possibilities of the results of the competition.

So how can an entrepreneur be tailored to be one? What business skills are required in order to become an entrepreneur? There are pointers that must be looked into before someone may divulge into any business venture. The following are some of the qualifications to look into:

Planning and organization. These include the setting up and the attainment of specific goals, qualification to enter into a commitment, and then being able to keep up with work schedules.

The capacity to handle money. Budget must be carefully determined, loans must be secured, funds must be raised, and all of the finances must be recorded. For all these things, an entrepreneur must be an expert.

The selling of products and ideas. An entrepreneur should be acquainted with the proper way of selling. In the world of business, the products whether they take the form of materials or ideas need to sell out in order to gain profit.

Management. Anyone who does not have the management skills is not fit to be an entrepreneur.

The ability to work with people. A good rapport is always needed in an entrepreneur. If he is unable to influence people then he will not likely succeed.

The ability to be a risk-taker. In the world of business, wins are not always secured. There are only two possibilities: winning and losing. Whichever phase confronts him, a good entrepreneur knows how to handle it.

What Is Your Fear Of Network Marketing Mlm

Network Marketing / MLM has had a bad rap and many people who can benefit the most from what MLM Companies offers are in fear of Network Marketing / MLM. In this article, I will try to defuse three common fears that I have heard from a significant amount of people.

It cant be a legitimate business Legitimacy, is a classic fear of Network Marketing / MLM. The business model is new and unique to many people. No one wants to be involved in an illegal pyramid scheme. To start, I will say Multi-Level Marketing is a legitimate business model. Its all about duplication or leverage. Yes, there have been some illegal Companies that tried to portray themselves as a MLM business. It is essential to conduct your investigations to learn about the Company; their business, products, customers and compensation plan. The compensation plan must not be weighted toward recruitment of new Business Owners rather than the sales of products and services.

Im not a sales person Apparently no one wants to be a Sales person. Network Marketing is a Relationship building and marketing business. This implies no selling, rather networkers build relationships and offer solutions to people in their networks. Dont let your fear of selling develop to a fear of Network Marketing / MLM. You wont become a Sales person, but you can become an excellent networker who provides solutions to the people in your network.

Only people at the top make any money Another fear of Network Marketing / MLM from prospective Business Owners is their ability to make money. Well, there are many people I know that have defiled this non-logic about Network Marketing / MLM. They have made a significant amount of money even though they are relatively new to their MLM Companies. The true nature of the MLM business structure implies that up-line leaders will increase the amount of money they can make when their down-line Business Owners are productive. So, its imperative for leader to train and build leadership capabilities in the down-lines.

There is no reason for fear of Network Marketing / MLM. For prospective MLM customers and Business Owners, MLM can deliver benefits that other business structure cant / wont deliver to you.

For customers, MLM Companies provide;
Unique products / services
Cheaper pricing

For Business Owners, MLM Companies;
Enables you to build your business at a price that you cant get anywhere outside of Network Marketing. To Learn More
Handles your IT solutions, customer service and back office for your business. These will save a lot of cash and you cant get this with a traditional business.
Enables you to build and enhance your skills through training.
Enables you to create Passive income for yourself.

My personal advice to anyone who wants to be involved with a Network Marketing / MLM Companies is to conduct due diligence checks before being involved. Not to miss incredible opportunities to build your business and wealth for fear of Network Marketing / MLM.

To learn discuss more about these and other issues download my free eReport HERE to open your mind to the amazing world of Global business in the 21st century.

Entrepreneurial Options

Very few people ever got rich by working for someone else. Leaving aside pop musicians, sportsmen and similarly gifted people, the only way to acquire wealth by work is to build a business of your own. The type of business you decide upon will depend on: a) how much money you have available as start-up capital and working capital; b) your business idea; and c) your confidence level.

There are three types of business: 1) the traditional one in which you are reliant solely on your own efforts; 2) a franchise where you follow a proven idea and receive considerable training and back-up from the franchise company; and 3) network marketing.

Each business type has its pros and cons.

The traditional business requires considerable financial input, either from your own resources or part-funded by your bank. You may need to rent premises; buy equipment; hire staff; pay for advertising, brochures, stationery, and stock. A frighteningly high percentage of this type of business fails in the first year. To succeed you need: a good idea, considerable financial backing, good health, an understanding spouse, and stamina. If you do succeed you will own the business outright and benefit from all the profits.
Franchises have a high success rate. Banks like them because each franchise operation has a proven track record and thus the banks can accurately judge the risk, consequently they will lend money for this sort of start-up. However, all the support and training comes at a price: the initial entrance fee is likely to be very high, and a percentage of the business’s turnover has to be paid to the franchise company.
Network marketing, also known as multi-level marketing, has many advantages and few disadvantages. The entrance fee is low and the ongoing expenses are even lower. A network marketing business can be started in your spare time – in fact that is the best way to approach it. Start small, and keep at it. The secret is perseverance, get past the first year and you should find the business has a sound foundation from which you can build a serious income. It is said that 95% of those who survive ten years in network marketing become wealthy beyond their wildest expectations.

So which type of business is for you? If you wish to provide a service or product where you have previous experience from, say, a former employment, the traditional business will be probably be the best choice. However, if you are just tired of working for someone else and making them rich and wish to strike out on your own, then a franchise or network marketing must be the preferred option.

The choice then is determined chiefly by the funds you have access to, and the time and effort you wish to put into your enterprise. A franchise will require substantial funds and 100% commitment. You are jumping in at the deep end, although the franchise company will provide training and support to help you to swim.
On the other hand you can ease yourself gently into network marketing by starting part-time while you continue with your current employment, building your business by ploughing back profits if necessary. Persevere and there will come a time when the income from your own business will be sufficient to support you financially. You will then be able to leave your employment and concentrate on your business, spending more time on it or enjoying considerable free time with your family.

Top Internet Marketing Trends

With a view to keep ourselves up to date, we should be aware about the ongoing trends in the field of Internet Marketing. Awareness of the latest trends helps us to predict our place in the Digital Marketing world. Currently, our website or our e-shop may be doing good business. However, in future we may drop down.
To save ourselves from reducing our top rankings, we must be aware about the ongoing trends of the digital world. Some of the Internet Marketing trends are mentioned below:-
Most important is the rule of Conceive, Absorb and Involve. As this concept provides the ideas like search engine or social network. It focuses mainly on consumers and technologies. With the change in technology, the look of social networks as well as search engines, their terms and conditions are definitely going to change.
The top notch companies such as Amazon, Face book, Google and many others keep on innovating at a rapid speed. This drives the visitors attention and it plays an important role in capturing their minds. The ways of their innovation vary such as some amendments can be done in content, some in devices while some in infrastructure. Our online activities create an impact on the visitors as well as other companies. We must keep ourselves updating with a view to create a big picture which can add value to our business.
Consider creating better adaptive models which can replace and absorb the new technologies rapidly. Certain companies adopt these models very quickly and march ahead with crowd. This provides the pioneer advantage otherwise it can be too late to change.
The ramp up time to examine and implement new technologies is imprudent. More than 100 billion dollar is invested in the online business. This is a like a drop in the sea when we analyze the future of IT market in the coming five years.
To survive in the market, more firms get evolved and accustom rapidly to the upcoming trends. At the same moment, they have the facilities such as infrastructure and mutuality that can assist them in better innovations.
From the practical view point, we can see Internet is not just the part of any computer or desktop, it has become the part of peoples lives as it is accessible on tablet devices, smart phones. People can have it at any place at any moment. The search visibility has increased from User interface to online Googles game.
This enforces us to think that 5 years forth, the IT field will have completely new look. This rapid change in technologies as well as consumer behaviors leads the online business to change too.

To grab the position in the growing Internet Marketing field, its worthwhile to approach an ecommerce development company or an experienced Internet Marketing company that can assist the online business owners to amend as per the latest trends.

We, at ZestTech Solutions provide the latest Internet Marketing services that will enhance your online business and make you prefect to meet up the market demands. Internet Marketers @ ZestTech keep themselves updated with the latest trends that are adopted by Internet kings Google , Yahoo, Face book are a few. Keep reading our blog for further better information regarding new innovations in the field. Thanks for visiting. !!!

Read More: http://www.zesttechsolutions.com/internet-marketing

How to Sell Your Advertising and Design Businesses

Every advertising & design business owner dreams of the day they sell their firm, cashing out, exiting with satisfaction, and spending the rest of their life on a lovely beach. In reality, only a few owners get this great opportunity, though many get the opportunity to sell their advertising & design businesses. If you want to be one of those few owners who get the opportunity to walk away with great peace of mind, you should take your time and plan the sale of your advertising & design company ahead. This article will talk about how you can position yourself in order to get the most money when cashing out.

When Is The Right Time To Sell Your Company? The best time to sell your advertising & design company is when it is performing at its peak. This is the best time when you can easily find lots of potential buyers. If your business ceases to make profits, you will have a real hard time finding the buyer for it.

Can You Sell Your Advertising & Design Company? Does your business depend on you to make money? If yes, then you should take measures to make sure your advertising & design agency makes profit that is completely independent of you. Also, make sure it won’t be difficult for the new owner to put lots of efforts to make money from your company after acquisition. For this purpose, you should provide them with a solid blueprint. The key to selling your business successfully is building a tangible value within your company. Ask yourself honestly, can your advertising & design agency be sold? If it can’t be sold, take the following things into consideration.

List of Assets That Can’t Be Sold Let’s have a look at those assets that potential buyers may not be willing to pay for. Business Owner – buyers want to buy the tangible value that you have built in your advertising & design company. Employees – most buyers will not be willing to pay for the existing employees. However, in some cases, where the buyer wants to continue to operate your firm, they will value your -key- employees. In most cases, new acquirers want to have their own people to handle customers.

Less known brand – if your brand is less known, buyers will not want to pay for it.

List of Assets That Can Be Sold There are some assets that the potential buyer would be willing to pay for. These assets are: Long-term clients – potential buyer will be very much interested in paying for this because it is guaranteed revenue. To know more please us. http://www.turnerbutler.co.uk/freebusinessvaluation.html Client list – potential buyer will be willing to pay for regular clients. Hard assets – these may include furniture, equipment, and fixtures etc.

Strategic value – keep your main focus on building this asset. This is mainly because you can make huge money from this.

Whatever Happened To Business Ethics

Live one day at a time emphasizing ethics rather than rules.”
Wayne Dwyer

Whatever Happened to Business Ethics?

Ethics: The discipline dealing with what is good and bad and with moral duty and obligation; a set of moral principles; a theory or system of moral values; the principles of conduct governing an individual or a group; a guiding philosophy; a consciousness of moral importance.

Corruption: Impairment of integrity, virtue, or moral principle; depravity, decay, decomposition; inducement to wrong by improper or unlawful means (as bribery); a departure from the original or from what is pure or correct.

Whatever Happened to Business Ethics?

After the Enron and WorldCom incidents, there seemed to be some progress in the business culture toward operating with some type of ethical guidelines but, after recent experiences, I wonder if we have made any progress.

What I find disturbing is that many individuals and organizations think it is completely okay to be unethical, if it gets them what they want. Even though I am a huge supporter of free markets and capitalism, there can be a dark side if the operation is void of ethics.

I agree with info-commercial guru Kevin Trudeau that the mandate of all publicly traded companies is to make money for the shareholders — end of story. The result is a conspiracy theorist’s dream come true where, at all costs, a profit must be made. Ethics are not part of the picture.

Here are examples that most of us have heard.

-HMOs withholding acceptance because their numbers are off this quarter
-Insurance companies intent on delaying or refusing payment so executives can get performance bonuses
-Information about the harmful effects of drugs withheld from the authorities
-Misleading advertising to induce sales
-Protection of reputations with cover-ups
-Used car dealers turning back the odometer
-Building contractors taking deposits and not completing their work

And on it goes!

What is most disconcerting is the group of individuals who actually don’t see anything wrong with that type of conduct. In fact, in some university ethics classes, students did not see anything wrong with lying to get what they wanted.

But the point here is that it is not okay to compromise your ethics to get ahead.

Here’s a quote that outlines my general sentiments.

“The truth is that good ethics sometimes is good business, but sometimes it’s not. It depends on one’s goals and how one defines good business. Sometimes, good ethics can end in bankruptcy. Of course, so can bad ethics.

A fairer statement is that good ethics can be a very powerful business asset and that good things tend to happen to companies and individuals that consistently do the right thing and bad things tend to happen to those that even occasionally do the wrong thing.

But the crucial point is that the moral obligation to live according to ethical principles is not dependent on whether it’s advantageous. People of character do the right thing in the pursuit of virtue, not self-interest.”
Michael Josephson
Author and Business Professor

So the question is:

Are you a person or business of character that is committed to doing the right thing?

I recall, from my automotive-consulting days, that a sales manager asked the sales rep to lie about previous history and damage to a used car they were selling. The sales rep did it to keep his job but he had sold his soul.

The reality is there are no excuses for unethical conduct.

Thankfully now some individuals are being held accountable for their actions. In addition, individuals who did not take part in the unethical conduct but had knowledge of such events or actions are also being held accountable for their sin of omission.

You are not immune from prosecution if you have knowledge of unethical conduct.

I agree with Michael Josephson. In the long term, ethical conduct is a very powerful and positive asset to you and your organization.

I know that most of us at some time or another have either pushed the ethical limits or at least thought about it.

The key is: Don’t cross the line.

Be courageous and do the right thing.

Lives have been destroyed because of unethical and corrupt conduct. It is time we all took a stand.

Yes, each of us can make a difference and reap rewards from our good conduct.

Not that long ago, I was asked to be part of a mastermind group. Two of our primary objectives were:
-to set a good example; and
-to expect ethical conduct in the personal and professional development industry.

That’s an example of how we can each do our part to make a difference.

Lawmakers now understand there has been little consequence or accountability for unethical behavior in business but recent jail terms for guilty executives provide new hope.

I have found that individuals who are clear and strong in their identity, values, purpose, and passion are far less likely to succumb to the peer pressure of unethical or corrupt conduct.