Tag Archives: entrepreneurship

What is your business plan for 2017?

employees-entrepreneurs Now is the best time to review your successes in 2016, and begin to plan for 2017. This is especially true for start-ups and part-time or full-time entrepreneurs that would like to make this coming year a breakout one.

Here are some simple steps to fine tune your plans for 2017.

1) Eliminate waste. Review your monthly expenses. If there is any expense that is not critical to your operations, it must be eliminated or reduced. It is also wise to shop around for competitive services if you have not done so already. The smaller the size of your company, the more critical it is to examine and review any and all unnecessary expenses.

You can view any unnecessary expense as if someone were reaching into your wallet and stealing your hard earned profits. The problem is that you undoubtedly gave them permission to do so. A big problem for small entrepreneurs is recurring monthly expenditures that do not contribute substantially to their bottom line.

2) Make sure that the products and services you offer are top notch and that they meet the needs of your customers. Review each of your products and services, and examine ways to improve them in terms of functionality, quality, speed of execution, etc. Ask your customers directly by phone or by email how you can improve your products, or if there are additional products that they would like to see from you.

3) Based on the input you receive from your customers, make plans to expand your product offering. Above all, do not be a one-trick pony to your customers. Even if you have a main product, see if there isn't a way to offer some kind of premium service or an extension to one of your products or services that might command a premium price that some customers would be willing to consider.

4) Consider outsourcing smaller tasks for which you may not have staff with the particular skills to accomplish the job. A good place to outsource micro-jobs is Fiverr. For a guide to Fiverr that will make your outsourcing job much easier, I have a free Fiverr Finesse – Outsourcing Guide for you.

Just send email to info@goldfinchdigitalpublishing.com with your request, and I will send it to you. It is a 250-page guide with text and data that will help you quickly locate Fiverr vendors in over 120 categories.

Here is a video that explains all about the course, but of course, you will not have to pay for it, It is completely free.

Fiverr Finesse – Outsourcing Guide video

I wish you the best possible success in all your endeavors for 2017.  

Make sure you are a member of Markethive to help promote your business in 2017.  Login here —> Markethive

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Alan Zibluk Market Hive Founding Member

How to gain more MarketHive subscribers on a daily, weekly and monthly basis?

How do you increase your number of MarketHive subscribers, or "children" if you will?

I think LinkedIn is one of the best ways to accomplish this.  It seems at though, I may have finally cracked the LinkedIn code to do this, well sort of.  Today, I got 12 new invitations to connect with me this morning in my inbox, and I have added 981 connections so far this month.  This is a fairly rapid increase, that I believe few people are currently doing now, on LinkedIn.  

In addition, all of those new connections have been invited to join MarketHive.  (I am currently getting nearly a 1% response rate on invitations to MarketHive). I am actively trying to find a way to increase that percentage, but it is resulting in nearly one new MarketHive sign-up per day.

I don't know how many entrepreneurs realize that their first level connections are already in their sales funnel?  Everyone looking to market on LinkedIn needs to think this way.  Ok, it may not be exactly the same, but it is very close to it.  Everything depends on what you do with those connections.  

Some kind of automation is needed here for sure.  The manual way of messaging in LinkedIn will take you nearly forever to send a message to thousands of first level connections.  Btw, the LinkedIn limit for invitation requests per day is 40 maximum with a free account or a paid account, (Sales Navigator has a limite of 100 per day).  There is a limit of 250 messages per day to your 1st level connections on all LinkedIn accounts.  If you do that every day manually, that is a very time consuming process, for sure!

I am in the process of setting up a step-by-step training program on how to use LinkedIn to promote Markethive.  I may also expand it to a complete LinkedIn training as well, depending on the level of interest.  In any case, this is something anyone can do.  It can be done, even with a free LinkedIn account.  With additional low-cost automation software solutions, the process can be greatly accelerated.  

All for now.  Thanks for your interest.  

Best possible sucess in all your endeavors!

John Lombaerde

Alan Zibluk Market Hive Founding Member

How are Elon Musk and Orbital Velocity like the life of an Entrepreneur?

 

 

Strange title, this one, I know. I remember a famous tweet by Elon Musk saying that getting to space is relatively easy. He explained that you need to achieve Mach 3 to be able to reach space and escape the earth's atmosphere. Then you would come back down to earth again.

In order to stay in orbit, however, you need to be going much, much faster. You need to be traveling at Mach 30 in order to propel yourself fast enough to stay in orbit around the earth.

Here is a link that provides some explanation about this phenomenon.

https://what-if.xkcd.com/58/

I thought, this is similar to many Internet Marketing hype headlines. You know, the ones that say "Newbie Internet marketer makes $20,117.30 in 60 days with no previous Internet experience!" Well, maybe this headline is all hype, but again, maybe this person did achieve this result in 60 days.

Ok, sounds good, but what happened after that? Did that person fall back to earth again, after achieving that success and never managed to make a dime again after that? No one wants that kind of "one-hit wonder" success, right?

The headline would be so much more impressive if it said, "Newbie Internet marketer achieves 6-figure sustainable income, within 60 days, and is still going strong after 3 years". The headlines never say anything like that do they? They are always about the push-button, easy way to success, right?

So don't bother to open that email with a fantastic rags to riches headline. Who cares about flash in the pan success? To be truly successful, any start-up must exceed their intial altitude and achieve a self-sustaining orbit. Isn't that the goal?

In his book Startup Leadership: How Savvy Entrepreneurs Turn Their Ideas into Successful Enterprises – Derek Lidow has studied this phenomenon, and currently teaches Entrepreneurial Leadership at Princeton University. He uncovers the gems of principles that can be applied universally across industries, cultures, and geographies. He separates those that are merely entrepreneurs from those that can be considered entrepreneurial leaders that are able to create self-sustaining businesses.

There are unique skills required to nurture a start-up, and there are additional skills needed to navigate any company beyond the initial phase into continued success. Derek Lidow's book is highly recommended. (Available on Amazon and elsewhere)

Best of success in all your entrepreneurial endeavors!

John Lombaerde

Alan Zibluk Market Hive Founding Member

Why Entrepreneurship Is Important?

Market Hive marketing tools

Why Entrepreneurship Is Important?

What would you think if you saw a sign that read, "Entrepreneurs Wanted"? Many people would see such a sign as a rare opportunity to fulfil a lifelong dream.

They've long envisioned a life where they could make their own hours, follow their passions, and not have to feel as though the people above them are trying to keep them down.

Others would view such a sign with suspicion.

They might ask, "What's the catch?" They might even come up with a list of reasons why they can't take a chance, begin a new self-made career, and become more successful than they ever thought possible.

While a degree of scepticism can be healthy, all too often people talk themselves out of a business opportunity because, well, they're scared.

They might even look at the lives of successful people and think that those people were simply lucky; that they were at the right place at the right time.

 In fact, the difference between those people who are incredibly successful and those who grind it out in an unfulfilling job day in and day out is that the successful people seize opportunities that come their way.

The nine-to-fivers may look longingly at opportunities, but let them slip through their fingers.

Truth be told, there's never been a better time to find a business opportunity and follow your dreams. To a large extent, the Internet has levelled the playing field. If you have a computer and online access, there are unparalleled opportunities presented to “create wealth”. The question becomes, how do you separate the wheat from the chaff? How do you know when an opportunity is the real deal?

First, you need to drop any notion of finding success with multi-level marketing. While multi-level marketing may have made a few people at the top wealthy, no MLM today is creating wealth for those who are just joining.

Second, you need to forget direct sales. Very, very few people are have a natural talent for selling; for the rest of us, direct sales is difficult or impossible, and a sure path to frustration, discouragement, and failure.

Third, you need to embrace a company that has a proven system for marketing. So many Internet businesses fail today because business owners simply don't know how to market. After all, you can have the most attractive website in the world, but if you can't drive traffic to your site, you'll never see a penny.

Fourth, you need to find a great product. In this Information Age, the product should be related to the Internet and have enormous growth potential.

Society has a way of convincing us that wealth arises from those that work hard and get a well-paying job in some financial institution on Wall Street.

While I do not dispute that you can get really wealthy managing other people’s money as a fund manager or if you like to run an investment company like Warren Buffet, you can join in the fray.

For the most of us, we just like to do our own thing and enjoy the freedom that exists in creating our own perception of a business.

Fifth, you want to find affiliate with a company that will take the time to understand your personal and financial goals, and help you in any way they can to reach those goals. Essentially, it's the reverse of what you often find in the corporate world – where the people at the top keep you down.

You want to find a business opportunity where the people at the top – the wealth masters, so to speak – reach down and give you a hand up. They should be able to set you up with the carbon copy of a system that almost runs on auto pilot.

They should have eliminated the need for selling, explaining, bothering people, and pitching friends and family. Instead, they should have perfected a powerful, automated, turnkey marketing system that provides you with the best home business opportunity on the planet.

So does Markethive fulfil the above criteria?

Does it allow powerful social contact and interaction with social marketers – YES

Does it allow a powerful Blogging Platform to maintain contact with your customers – YES

Does Markethive allow powerful contact with your existing Domains – YES

Does it allow east contact with your subscribers – YES

Does it have a powerful lead generation and lead follow-up system – YES

Does Markethive allow you to produce videos – YES

 

For more information visit my Markethive site

Contact me, Brian Walters on Skype: tuneup_bj

Then you'll be glad that you took advantage of the "Entrepreneurs Wanted" sign!

Alan Zibluk Market Hive Founding Member