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Archives

September 13, 2007

Make More Money with the Right Connections...
Communicating with Difficult People to Get What You
Want... Consider Your Own Space... How to Dress for
Success... and More.

** Make More Money with the Right Connections
By Adrian Newman, Founder of e-Wealth Daily

Networking acts in the same way that an elastic band does. It's an opportunity to stretch your personal or business resources to the limit — but know that it can also be tricky to expand.
 
No matter how difficult it can be to do, networking is an essential aspect to being a successful entrepreneur. Knowing powerful or useful people in business or the trade industries can only improve your business or personal contacts in the long run.
 
Having small- or big-time contacts in your industry could pay you big dividends in the short term or long term.
 
Just think that, at some point, you may be in a jam when it comes to money or you could be in need of an appropriate buyer or contact. Having a reserve of contacts will only improve your chances of getting out of that tight spot.
 
Whether it's for a job, funding for your business or a new idea, or just getting an idea out to other businesses or individuals, you should be aware of the networking guidelines that are in place, both positive and negative.
 
In most cases, you only have one chance at a first and lasting impression, which could color the rest of your relationship with the individual you are meeting.
 
I like to think of it as making new friends; kind of like the first time you introduce yourself to your neighbors. You know that sooner or later your neighbor will come over to your house and ask to borrow your ladder, lawn mower, or some ingredients for cooking, for example. Plus, you may do the same — so you want that first impression to put you in good standing with your neighbor.  

Networking should be looked at in much the same way. At some point, someone just might be able to help you out with a favor or vice versa (remember: this can lead to benefits for you down the road when you're in need). The following do's and don'ts of networking come from experiences I've had while attending trade shows and public events. Try to keep these in mind at all times.
 
Do:

  • Contact friends, relatives, and former colleagues on a regular basis.

  • Make a personal connection in some way with the person you're talking to (this works easily with college and university alumni, as well as past friends and colleagues).
     
  • Use your contacts; the easiest way to network is to ask a person you already know for the name of someone else; when you call this new contact, make sure you mention the name of the person who suggested you contact him/her. Be sure to mention the other person in a positive light to your new contact.
     
  • Ask people who you have come into contact with for information, advice, or referrals to others who might be of some help to you in the future.
     
  • Set up face-to-face meetings.

Don't:

  • Sit around waiting for someone to contact you.
     
  • Sound like a telemarketer.
     
  • Let rejection get the best of you; instead, make it drive you to work harder.
     
  • Exploit individuals (whether it's asking for a job, financing help, or in-depth business help).
     
  • Talk about yourself too much.
     
  • Insist on talking in person (networking conversations always took place face–to-face in the past, but with technological changes, it's often now done over the telephone or by e-mail).
     
  • Stop networking because you're comfortable with your situation or are worried about having to keep in touch with too many contacts.

As many of you already know, the business world can be tough and disheartening. Your personal and/or business situation could quickly change right before your eyes. That's why you need to keep in touch with the people who could help you when you are in a bind. Networking is more than just a means of taking advantage of new opportunities. You should also think of it as a means of providing you with a safety net; you never know who could help you find a new position or who could provide you with last-minute financing.
 
If you stretch your networking resources to their limits, much like an elastic, they will snap. But if you expand on them from time to time, then you will have more options and freedom than you could ever imagine.

 


** Communicating with Difficult People to Get What You Want
By Doug D'Anna, the "Hundred-Million-Dollar Man"

There are so many different types of personalities that we all have to deal with on a daily basis. Some can be particularly challenging. But if you cultivate your own positive mental attitude — and do not surrender to other people's emotional roadblocks — then you will be sending them a clear message that you don't participate in negative behavior. You need to set limitations on — and expectations for — what you will and will not accept.
 
If you want to come out on top of a difficult situation, then you need to learn to deal with different types of personalities. People react to situations differently and if you want a win-win outcome, then you'll need to change your way of dealing with these different personalities.
 
Maybe you can identify with some of these difficult or challenging personalities:

  1. Rebel: Always has to challenge the head of the group. They require some confidence in the situation to get them started. Hear them out and use this knowledge to your advantage.
     
  2. Aggressor: A hostile tank that likes to run over people. They only respect those individuals in the group who have the courage to challenge them. Ask questions that will not only put their balance off, but that will also reveal how to persuade them.
     
  3. Lost in Space: The ones who don't listen to anyone, no matter how much advice they seek. They also act as though they don't hear you when you speak to them. They play to their self-interests.
     
  4. Volcano: The name speaks for itself. Volcano — ready to erupt at any time. Identify their triggers and use the opposite to get what you want.
     
  5. No-Can-Doer: They think in terms of impossibilities rather than possibilities. To move them your way, paint the picture they want to see.
     
  6. Manipulator: Always point a finger at everybody else in the group, blaming them for being irresponsible. Ask questions that identify their area of responsibility and then use future pacing to show additional outcomes.
     
  7. Baggage Carrier: They are wounded by their past so much that they cannot deal with anything. They will demand hours of your time so as to focus on their problems. Avoid long-winded conversations with baggage carriers. Move the conversation toward solutions — and then move on.
     
  8. Walking Wounded: They have surrendered to the negative aspects of their life and cannot move on. They love to gossip about other people in order to make their own lives look better. Make it a policy to only say positive things about people — and let them know it.
     
  9. Chronic Complainer: You can't win with this personality type. They feel so dissatisfied about themselves that they have to take it out on everyone else. Make it clear that you only surround yourself with positive people — no matter what — and then watch complaints disappear.

And there are a lot more personalities out there as well. The point is that to deal with difficult people, you need to cultivate your own positive mental attitude and not surrender to their emotional outbreaks. Don't criticize these types of personalities. It will only be a waste of your breath. However, you can still get what you want from them by speaking to them directly about how you feel.
 
Don't use definitive terms with them such as "always" or "never." Have you had arguments that have included phrases such as, "You never pick up your clothes!" or "You always leave the kitchen a mess!"? You cannot make a point if you don't establish a true sense of perspective on the situation.
 
Never use any form of language that creates resentment or compares one person to another. It's perfectly okay to discuss the situation openly, without anger or humiliation. Make sure to define the other person's strengths throughout the conversation and listen attentively to his/her story.
 
Usually, when a person tells you his/her story, he/she will begin to have some self-actualization of the way he/she has been behaving. Add a few questions to the mix and you've got yourself a constructive conversation that sets the stage for a win/win situation. Admit to your own mistakes and learn to give praise when all is said and done. The old adage holds true: "You can catch a lot more flies with honey than you can with vinegar."

 


** Consider Your Own Space
By John Hurd, Chief Wealth Researcher

For many people looking to make money outside of the 9-to-5 office bubble, the place they start is in the home.

With just a personal computer, an Internet connection and a phone line, there are thousands of home businesses that just about anyone can run.

Whether it is selling items in online auctions or collecting revenue through affiliate programs, the cash potential of these businesses is enough of a lure for many people to skip the commute and simply stay home.

Now, a home business isn't a new concept at all. Growing up, my mother went to get her hair done in the basement salon of a neighbor. The woman had a full working salon down there with big mirrors, noisy hair dryers and all. Our accountant also worked from his home in a small office at the front of his house.

There is one difference however between these older home businesses and some of the newer opportunities that have arisen in the past few years.

In the case of the hair salon in the home, the woman running the business knew that she had to have a separate space for her work away from her family. None of her children’s toys were to be found in the salon and likewise you wouldn’t find her hair scissors lying on the kitchen table.

Establishing your own private workspace is essential when running a home business. In addition to what you can file on your taxes, there are other benefits to having an exclusive workspace.

You probably know that personal motivation can fluctuate. Some days you have the energy to avoid distractions and stick to the task at hand. Whereas some days you'll let the television keep you from getting any work done.

With a dedicated workspace, you'll be able to isolate yourself from the distractions of your home. Sure you could just step out and do the laundry or clean the bathroom, but once you're in your home office, putting those extra tasks aside becomes easier.

A second word of advice is to not let yourself fall into a casual attitude while working from home. The reason many offices have a dress code is that dressing professional helps people maintain a professional attitude while they do their job. A friend of mine is a teacher who also tutors from home in the evenings. Rather than change out of her teaching attire and getting in to a relaxing at-home outfit she keeps up her professional appearance until the last student has left for the evening.

By taking some of the office standards you may have once had to follow home with you, you'll be in a position that could help your home business achieve the success you desire.

 


** How to Dress for Success
By Michael Newman, the "Money Finder"

Over my years being involved in and around all kinds of businesses, there’s one thing I have learned that is very important. If you want to be successful, you must look the part.

As the old saying goes, “you must dress for success,” and you know what, it couldn’t be truer. If you want people to take you seriously and either give you a job or listen to what you have to say, you must appear to be credible. Because, after all, if you look like you can’t take care of yourself, how can you expect others to trust you’ll take care of their business?

Of course, looking the part can vary from industry to industry. When I was coming up, attire in the business world was a little bit different from what it is today. People wouldn’t be caught dead going into a business meeting without being dressed in a suit and tie. Nowadays however, especially with the technology industry growing so rapidly, there has been a more relaxed atmosphere when it comes to personal attire. However, there are some constants that will never change. I’ve comprised a list of what to wear and when, and how it could help you achieve success or further your career.

  1. First Meetings/Interviews — When you’re meeting a potential customer for the first time, or attending a job interview, it’s of extreme importance to look your best. This is because you want to give off the impression that you’re an organized, respectable person who is the only choice for your colleagues. In any case, for a man, I’d suggest wearing a suit, or if you don’t have one at least a nice shirt and tie, regardless of the industry. For a woman, I’d suggest wearing a business suit as well. If you don’t have one, then a nice blouse with a professional skirt or dress pants will do.

  2. The Workplace — Depending on where you work; your dress code may vary slightly. However, there are a couple of general rules you should follow. First, always look neat. This means don’t wear clothes that look like they’ve had more sleep than you this week. Generally speaking, try to keep your shirt tucked in, because it carries a certain professional aesthetic about it. Of course some shirts, for both males and females, aren’t designed to be tucked in, so if that’s the case you can leave it out. In any event, try to carry a professional and neat demeanor into your workplace. Your employers will notice it, and you could be rewarded.

  3. Business Casual — In many offices, the standard for employees is usually business casual. Be very careful with the term “business casual,” because it’s quite different from “casual” standing on its own. This means leave the clothing you would normally wear to the pub or the club in the closet and dress in something a little bit more professional. Business casual usually means slacks and a collared shirt or nice dress shirt. Also, leave the sneakers at the front door and pick up a pair of comfortable, casual shoes.

  4. Hygiene — Finally, it’s important to keep up-to-date with hygiene. Make sure you brush your teeth and wash yourself so you appear fresh and clean. Also, make sure your hair is neatly styled on your head and on your face. A shaggy, out of control face that hasn’t been shaved for a while can look dirty and unprofessional, so make sure that if you have facial hair it’s kept neat and tidy.

By practicing these tips to help you dress for success, you could come into the money you feel you deserve!

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