“Penny Wise and Pound Foolish”

Written by Sue and Chuck DeFiore


This saying came to mind when reading my Icop newsletter. JL was discussing things that Chuck and I talk about allrepparttar time. A couple of weeks ago while listening to Jim Edwards’ audio newsletter he ranted aboutrepparttar 104768 “psycho freebie seekers” (love that name). Jim rants almost as well as Dennis Miller.

Anyway these two newsletters and what they had to say have been rolling around in my head for a couple of days now. What came to mind is that people who run Internet businesses from their home are no different than those who ran businesses out of their home inrepparttar 104769 80’s…..they don’t want to pay for anything. You would think with allrepparttar 104770 failed businesses they’ve had it would dawn on them that it is because they have done no research, no business plan, no determination on whether or not there is a market for their business in their vicinity. They don’t do mission statements. I could go on and on.

Unfortunately, too many people still think all they need is a computer, fax, and some business cards. In fact, they don’t even give outrepparttar 104771 business cards, they leave those in their office in nice little card files. A lot of good that’s doing them.

They will spend money on allrepparttar 104772 trappings but not on education, mentoring or consulting. As Chuck once said to me when I started my first business, and didn’t do any marketing “You will berepparttar 104773 most organized business in bankruptcy court”. It was a wake up call.

As Jim and JL discussed, and Chuck and I run into every day, people want to pick our brains for information and answers. After all, they have been conditioned that IT’S FREE. They feel it is their right to do so.

The Internet especially has made people think that information is FREE. Yes, it is, but those of us who have niches, and have written books all put in a lot of time, effort, and energy in researching, writing and marketing our products. SO NO IT IS NOT FREE. We worked very hard to put together excellent products torepparttar 104774 best of our ability and WE EXPECT TO GET PAID FOR THEM.

Networking - It's Important!

Written by Sue and Chuck DeFiore


Networking opportunities are everywhere. Don't let them pass you by.

1. Recognize that there is more to networking than greeting people. Develop a step-by-step plan for how you'll build relationships and how you can effectively tell your story. Don't forget your 30 second commercial to tell your story.

2. Zero in on specific groups of people. Who arerepparttar ideal prospects for your business? Do they live nearby? What activities do they participate in? Try networking groups meetings. For those of us in lease purchasing we network with real estate agents, accountants, financial planners, and a multitude of others.

3. Determine where you'll be most likely to find your ideal prospects. Do they belong to specific organizations or associations? Do they frequent particular events, performances or recreational facilities? Again, for those of us in lease purchasing, investors, buyers and sellers are justrepparttar 104767 beginning.

4. Identify organizations, events, professional groups and social clubs whose members meet your profile characteristics, and get involved. Get to know people, and let them know what you do. Volunteer for committees, attend conferences, and maximize opportunities that might spin off fromrepparttar 104768 formal sessions. For those of you in lease purchasing, and even other businesses, become an expert. Give seminars, speeches, write articles. Become involved and get your name out there.

5. Work on your ability to make small talk. Have some prepared topics in mind—current events, sports, vacation plans. And be sure to ask open-ended questions ofrepparttar 104769 other person like "What is it you enjoy most about your work, or where you live or your free time?" Remember, too, that having a good conversation depends greatly on being an active, courteous listener. Again, your thirty second commercial is a must. And let's emphasize again being a good and courteous listener.

6. Explore organizations dedicated to business networking. Chambers of commerce, tenant associations and networking clubs offer opportunities for you to meet and greet. Look forrepparttar 104770 groups in your area. Many times your local paper has a certain day ofrepparttar 104771 week that lists all of these types of meetings. If you don't see it, call your paper and ask about it.

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