Entrepreneurship 01 (May 08 - Jun 10)

Re: Entrepreneurship 1 (May 08 - Feb 10)

Postby kennynah » Thu Feb 04, 2010 6:37 pm

iam802 wrote:"Business opportunities are like MRT trains, there's always another one coming... and if it's big enough, I want it for myself"

- a certain gahmen


wahahahaha....hahahaha...ROFL
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Re: Entrepreneurship 1 (May 08 - Feb 10)

Postby winston » Wed Feb 24, 2010 7:40 pm

The Top 10 Ways to Position Yourself as an Expert Using Social Media
By David Riklan

Let's start by answering a very simple question:

As a small businessperson, entrepreneur, or Internet marketer, why would you want to position yourself as an expert?

The answer is very simple. Everybody trusts an expert. And, as every salesperson will tell you, individuals want to do business with people they know, like, and trust.

It doesn't matter whether you are a doctor, lawyer, accountant, auto mechanic, business owner, or consultant. Being seen as an expert in your niche will help your business and your career.

I have found that the best way to brand yourself as an expert is by using a 10-step strategy that leverages Social Media. This includes LinkedIn, Twitter, Facebook, YouTube, and blogs.

The prerequisite to using this technique, of course, is to first become an expert in your field. This can be done through education (by getting a degree or getting certified), through experience, or by doing research.

Having a degree or certification is the most powerful approbation you can present to the world. (Just think of how many doctors sell health advice in books and newsletters.) But your personal experience and any studying you've done on your own is also effective in positioning you as an expert -- sometimes more so. Have you gone through bankruptcy? You're an expert in that field. Have you dedicated your off hours to learning search engine optimization? You're an expert.

However you "become" an expert, it gives you with the necessary proof to position yourself as such to your potential customers. And once you have this proof, the fun begins. Because the quickest and easiest way to build your reputation is by using the power of the Internet and social networking. Connections can be made instantly and thousands of people can be reached at one time.

Here's the 10-step process:

Step 1. Determine how you are going to brand yourself or your company. How do you want people to see or perceive you?

Step 2. Create a profile that will match your brand. It can include your degrees or certifications, your experience, your knowledge, and any material you've written or created.

Step 3. Create accounts at all of the major sites where you can brand yourself -- LinkedIn, Twitter, YouTube, Facebook, SelfGrowth, and Squidoo. Then post consistent information on each of these sites with proof of your expertise.

Step 4. Get your knowledge out there by participating online. Many social media websites -- including LinkedIn and Facebook -- provide a place for you to answer questions posted by other users. All you need to do is review the questions, post a detailed, informed, and succinct answer, and include a way for people to contact you.

Step 5. Get published on the Internet. The easiest and fastest way to get published is by creating a blog. There are many free tools out there for blogging, including Wordpress and Blogger. The more quality information you publish in your area of expertise, the more you are perceived as an expert.

Step 6. To increase the impact of your social media presence, interlink between the social media sites and have them all crosslink to your website or blog. For example, have LinkedIn link to your blog, have Facebook link to your blog, and have your blog link back to LinkedIn and Facebook.

Step 7. Develop a strategy for enhancing your credibility with simple, informational videos highlighting your area of expertise. They can be as short as 3-4 minutes. Record them with a flip camera or a video cam on your computer and upload them to YouTube.

Step 8. Leverage the power of these sites for search engine optimization. If you follow the steps above, you'll find that your name will come up high in the search engines. Google loves social media websites.

Step 9. Be active on these sites. You need to become part of the community. Social media websites are not just places to post information and broadcast your ideas. They are designed to be interactive. The more you interact, the more people will get to know, like, and trust you -- and respect you as an expert.

Step 10. Finally, become a voice of your industry. You can do this by researching relevant news stories and reporting on them to your followers. You will soon be recognized as a source of great information in your area of expertise.

As you go through each of the above steps, your reputation as an expert will grow exponentially, especially in your particular niche. And as I said at the beginning of this article, that will lead to trust... which will lead to more business for you.

Source: ETR
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Entrepreneurship 1 (May 08 - Feb 10)

Postby kennynah » Wed Feb 24, 2010 9:20 pm

every now and then, i receive invitation to be Linkined by sometime acquaintances but mostly strangers... i usually delete these emails and sometimes "junk" them.... it is so intrusive to email people who are strangers without some proper introduction.... like simply walking into someone's office without prior appointment or without knocking the door...
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Re: Entrepreneurship 1 (May 08 - Feb 10)

Postby winston » Thu Feb 25, 2010 7:40 pm

"A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer."

Nolan Bushnell
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Re: Entrepreneurship 1 (May 08 - Feb 10)

Postby winston » Tue May 18, 2010 8:01 pm

"In business, you get what you want by giving other people what they want."

Alice MacDougall
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Re: Entrepreneurship 1 (May 08 - May 10)

Postby winston » Thu May 20, 2010 7:05 pm

You Don't Have to Be a Walmart… By Marc Charles

I'm sure you've heard of the $1.2 trillion Chinese export market. It's where some of the largest companies in the world make their money. They buy products manufactured in China for pennies on the dollar... and sell them in the U.S. for a huge markup.

But you don't have to be a Walmart to get in on this opportunity.

I've profiled hundreds of successful entrepreneurs using this model. And they all started with limited or no experience and not much money.

How did they do it? They harnessed the power of the Internet to:

* Research the hottest markets for Chinese goods
* Find products and manufacturers
* Sell to customers primed to buy

All this without maintaining a bricks-and-mortar store or a warehouse.

One entrepreneur imports "designer" sunglasses for as little as $.90 each and resells them on eBay, Yahoo!, Amazon (and dozens of other sites) for 20, 30, 50, and sometimes 70 times what he paid for them!

A husband and wife team started importing flags from China in 2001 and reselling them on the Internet. Today, they've expanded their offerings and are generating more than $25 million a year.

And a lady in California sells footed pajamas (yes, like the ones children wear) for adults. She came up with the idea and then found a Chinese company to manufacture them. These days, she's bringing in $1.8 million a year.

These entrepreneurs sell very different products but they all have these things in common. They...

* Work from home
* Work when they want to work
* Earn a very handsome income

And there's plenty of room for newcomers, whether you want to make this a full-time venture or a part-time gig. There are thousands of hot products available for import from China at deep discounts.

When I refer to a hot product, I'm talking about one that can be sold quickly and profitably on the Internet.

Right now on eBay, for example, products that appear to be hot are electronic gadgets (including cell phones, laptops, iPods, and iPads), fashion boots, backpacks, dorm decor, and other school-related items.

Another huge market is herbs and natural remedies. According to MarketResearch.com, the herbal supplement market in the U.S. exceeded $4 billion in 2009, and it's growing like wildfire. This morning, I found more than 1,900 herbal products offered by Chinese companies.

Not only are thousands of high-demand products being made in China, the recent currency turmoil works in your favor. I won't go into the economic details here, but one thing is certain. Most Chinese products will become even cheaper for importers in North America and Europe.

And know this...

One of the best things about importing (when you do it the right way, and I can show you how) is that it requires very little start-up capital. You won't have to buy a shipping container full of goods. Most manufacturers let you buy small quantities so you can test your market.

On top of that, an importing business doesn't require office space or employees. You don't have to deal with mountains of bureaucratic red tape. And with drop shipping, you don't have to maintain any inventory. The products are sent directly to your customers.

Source: ETR
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Re: Entrepreneurship 1 (May 08 - May 10)

Postby winston » Tue May 25, 2010 6:45 pm

"The entrepreneur builds an empire; the technician builds a job."

Michael Gerber
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Entrepreneurship 1 (May 08 - May 10)

Postby kennynah » Tue May 25, 2010 7:47 pm

winston wrote:"The entrepreneur builds an empire."


first you need a license from MIW to sell lemonades at east coast to cyclists...

a few years ago, they insisted that people who peddle breakfast packages at car parks had to be licensed... i dont see them anymore... dont kid...seng ah paw is a lousy place to dream of building a global business... the policies dont promote it for ah beng and ah seng... it is great only for colombo plan scholars....
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Re: Entrepreneurship 1 (May 08 - May 10)

Postby winston » Thu Jun 03, 2010 7:20 pm

"There is only one way to make a great deal of money, and that is in a business of your own."

J. Paul Getty
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Entrepreneurship 1 (May 08 - Jun 10)

Postby winston » Thu Jun 10, 2010 7:57 pm

"An entrepreneur tends to bite off a little more than he can chew, hoping he'll quickly learn how to chew it."

Roy Ash
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