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The Power of Effective Networking

Networking is a way of life. Everyone networks. Networking is a prime requisite to build contacts and flourish in a professional environment. Whether you are looking for an insurance agent, an auto mechanic or a consultant, you are likely to ask your friends, neighbors and co-workers for recommendations.  When you approach networking as part of your lifestyle, it requires a more structured, deliberate approach, but it ultimately boils down to talking with other people, expanding your circle of contacts, gathering information and hopefully connecting with "decision makers" who you may potentially do business with. Unless you do the necessary networking, your circle of contacts will not grow thereby limiting your exposure. When the economy is good, networking is important. In tough times or tough job markets, networking is essential. How does one go about networking so that they are able to improve their contact lists and their business? Here are some points that will he...
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Free Lead System to Help Capture More Prospects to Turn Into Gold

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Loyalty in Business - Should I Remain Loyal or Try A New Business?

Business Loyalty. Stay I stay or should I try a new business? Can you imagine how many times you would lose business when the next opportunity rolls out the red carpet for relationship building?  Lost business is hard to reconnect, especially when you realize the only way to reconnect is by creating a better package deal that might not be the wisest investment for the consumer. Gaining business in your own backyard is just the beginning on learning how to engage with other. Simply put, you have to sell yourself to everyone. From a new client, to former client or even a neighbor.  I am sure your eyebrows went up when you read former client but the truth is, you have to stay in the front of your former client to keep their business or ask them to return back to your business. Especially if you have changed companies and want to seek them as your new client. Recently, I bumped into a former business relationship at a networking meeting. We had lost touch over the past fe...

Properly Managing Your Referral Network !!!

Referrals from past customers and networking partners are the lifeblood of a successful loan officer. If you are a newly licensed loan officer or a seasoned pro, growing your sphere of influence through your past customer data base and networking are the keys to sustained success. Continual contact with your past customer database though email, mail, and phone calls will help make you the go-to person for questions regarding mortgage products.  Creating an environment where past customers contact you regarding their friends and families mortgage questions or concerns will lead to an ever-increasing number of referrals. Monthly newsletters, timely updates about the market, and holiday campaigns are just a few ways to stay in-touch. To create an effective networking system, you can join or create your own team of like-minded professionals that will help you grow and sustain your business. There are numerous local networking groups that will help you in your networking endeavor...

How To Make Networking Boost Your Sales Success !!

Many self-employed individuals and people aiming to earn more sales commission think of networking as a form of prospecting. They enter networking mode ready to smile, to meet people, and to give out their business cards.  They focus on coming away with qualified prospects, good referrals, and even new sales. Too many reap frustratingly mediocre results, though, because their own common sense works against them. elevator speech essential  : Especially at events known up-front as networking events (e.g. a chamber of commerce mixer), many view a good elevator speech as an essential tool to get others interested in what they offer. They view their elevator speech as a critical step toward getting people to recognize how valuable and important their product or service must be.  They expect this to generate the interest that leads to business opportunities. Yet, even the much-rehearsed, ever-developing elevator speech typically under-delivers because of faulty underly...

Networking Tips for Introverts --

Some professionals love meeting and greeting. They enjoy attending events and working a room, and they seem to be natural born networkers. I am NOT one of these people. I'm a classic, textbook, introvert who, despite knowing the importance of networking, sometimes still finds it to be a challenge.  It's because networking doesn't come easily to me that I understand the trials of trying to network as an introvert. In fact, networking tips for introverts has become one of the most popular topics in my workshops. Experts tell us that 70 to 85 percent of jobs are filled through networking. It's a bit more difficult to get statistics for entrepreneurs. Yet, we know that if the "know, like, trust" rule of business holds, networking is key for business owners as well. So what can introverts do to improve in this crucial area? Do your homework : Nothing is quite as uncomfortable to an introvert as entering a room full of total strangers. In the past, you mig...