Monday, December 21, 2009

Small Business Networking - Create a Breakfast Club

The small business network is the single most powerful thing that you can join in order to bring our business to the next level. This group also acts as an insurance policy against disaster.

Some business owners do not have time to participate in a full network. Here is an alternative method that you can use to help your business today.

It's called a breakfast club. This is a small networking group of business owners that meets once a week, or once a month for coffee and donuts (or whatever you want to eat).

These meetings are not formal, but they do serve a single purpose- to get more business for each of the owners present at the meeting.

The way these meetings work is that the meeting can only consist of members that are non-competing with each other. Perhaps you have a lawyer, a dentist, a plumber, an accountant, and a web designer.

Each of these members has their own customer list, but they are not able to provide any of the other services of the other members. During that particular month of business, these business owners will try to find out additional services that their customers may need help with.

This allows the business owner to be more full-service for their customers, which is an added bonus and helps keep the customers around longer.

When the owners get together, they swap customer leads with each other. They will explain the needs of each customer and then give the leads to the person that can help them.

Now, the new business has a qualified lead, because the original business owner told the person that they had someone that could help them.

The new customer visits the business and is already pre-sold before they even walk in the door. All that the service provider has to do is assure them that they can solve the problem as best as possible and close the deal.

There is no cold calling in this situation, because the lead is pre-qualified. This is only one of the benefits of a breakfast club. If you have the time, you can expand it to a full-blown network, capable of many other things.

However, if you only have the time to meet once a month, you can still benefit greatly from this small act of lead exchanges. Just think, all you have to do is get a cup of coffee once a month and you can gain thousands of dollars worth of new business.

Joshua Black is the developer of the Underdog Millionaire's Guide to Networking. This guide gives you over 118 different tips that you can use to build a small business network. Check it out at: http://www.how-to-business-network.com.

By : Joshua_Black

Build a Small Business Network Or Die

If you are a small business owner, did you know how badly the odds are stacked against you that you will succeed? 16 out of 17 small businesses fail. 95% of small businesses will never reach their 5th birthday.

If your business is not already 8 years old, chances are it never will be. So how do you give yourself the edge that all of the other wished for? Build a small business network. Read on to find out more.

The network is the key component that will put your business up there with the ones that have made it.

Almost every ultra-successful business owner knows that it's not WHAT you know, but WHO you know.

Building a successful business is all about the right connections and being able to admit that we can't do this alone.

It does not matter what business you are in, or whether you only run a web-based company or a physical business.

Networking is the key to building a better business above the 95% of the other guys that will never get there.

A business network offers unbelievable advantages, from getting specialized mentoring and helping others, to having a nearly-endless stream of qualified customers call you without requiring any advertising to get them.

Networks are built around the idea that you need to give before you can get. Successful member of a network will agree to a code of ethics that everyone will follow.

Each member of the network agrees to help any other member in need when that person's skills are required.

Having a network at your fingertips is like having the best part of each person's mind available to call on when the specialty needs a solution.

If you need a lawyer, call your legal friend. If someone needs website help, they might call on you. Maybe you need human resources help or the wisdom of someone highly successful. You can also barter for free services by trading your services with someone for something you need.

While all of the other businesses are out there floundering and paying full price at the same time, you will have a tight-knit group of people that you can call upon day or night to help solve your problems.

You can also use your network as a mastermind group, where you periodically meet to solve a single problem that a member is having.

If the whole group puts their mind to a single problem, more can be accomplished that each member working on it alone. Networking is the key to building your business more that you ever thought possible.

Joshua Black is the developer of the Underdog Millionaire's Guide to Networking. This guide gives you over 118 different tips that you can use to build a small business network. Check it out at: http://www.how-to-business-network.com.

By : Joshua_Black