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Posts Tagged ‘Into’

Turn “Socializing” into “Networking”

Turn “Socializing” into “Networking”

Most professionals know they must network in order to achieve long-term business success. I remember as far back as high school being told by my guidance counselor that I needed to “meet a lot of people and build a network.” That was great advice back then and even better advice today.

It’s critically important to participate in the public arena and interact with the people who could become your clients, provide you with valuable information or help you further your causes and beliefs.

While they understand the importance of networking, many professionals do a lousy job of it. It’s easy to show up at an event, grab a drink, eat some free hors d’oeuvres, say “hi” to a couple people, then go home and pat yourself on the back for being involved in the community.

Unfortunately, that’s not networking. It’s merely socializing.

There’s nothing wrong with socializing. In fact, it’s generally a good thing, but it’s not efficient. In order to convert socializing into networking, you need to have a three-tiered goal planted in your mind before you even enter the venue where networking will take place.

I call it “goal-based networking,” and here’s how it works:

Goal #1
“I will get a direct opportunity”

This could be a new client, an invitation to join a prestigious organization, a job offer, a promise to donate money to your pet cause. While Goal #1 is ideal, it unfortunately doesn’t happen at most networking events.

Goal #2
“I will get a solid lead on a direct opportunity”

This is almost as good as the first goal, because it moves you closer to what you really want. Goal #2 should happen at the vast majority of networking events you attend. If it doesn’t, you’re not meeting enough people or not asking the right questions.

Goal #3
“I will meet new people and learn valuable information”

This is the bare-bones minimum goal that you should achieve at every single networking event you attend.

Make a commitment to network more and remember to think about these three goals before walking into your next networking event. Setting these goals consistently over a long period of time will maximize the return from your investments in networking. That means you increase your public profile, connect with the right people and become that person who always seems to know about business happenings long before your colleagues do.

Well that’s another nice mess you’ve gotten me into: More from John Hearn

Well that’s another nice mess you’ve gotten me into: More from John Hearn
The profit motive, free enterprise, private property rights and markets will then cause the economy to grow at an acceptable rate and generate the income and wealth that will make us all better off. In contrast the interventionists believe that …
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Why do Many Forex Traders Lose Money? Here is the Number 1 Mistake
Why do major currency moves bring increased trader losses? To find out, the DailyFX research team has looked through over 40 million real trades placed via parent company FXCM’s trading platforms. In this article, we look at the biggest mistake that …
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January 2016 US housing starts 1.099m vs 1.170m exp
Again, the time of year can make the data prone to falls but there’s no real worries in this report … Founded in 2008, is the premier forex trading news site offering interesting commentary, opinion and analysis for true FX trading …
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Black money has been going out & coming back: KV Chowdary, CVC
Let me make it clear that these are mere estimates or rather guesstimates (of Indian money stashed abroad). The one amount you referred to was an observation made by a senior government officer. There has been no scientific and systematic study to say …
Read more on Economic Times


An Insight Into Demo Forex Trading Accounts

An Insight Into Demo Forex Trading Accounts

Countless websites have been set up with the sole intention of imparting adequate trading knowledge to those aspirants who could like to make easy money. If you fall in that segment, you might find the rest of the passages to be highly beneficial because I will illustrate certain complexities associated with these portals. Some other intentions of these websites will also be outlined in the rest of the sections.

I have already listed out the primary function of a demo forex-trading account. The account will be preloaded with imaginary currency. A real time forex market will be simulated with the aid of a suitable web technology. You can trade with this account; the profits will be added at regular intervals to the original sum. Likewise, if you decide to purchase certain currencies, the provision for the same will also be included with the demo account. In other words, the ability to buy or sell prices (just as it is done on a real world forex trading market) will be simulated extensively by these portals.

The 24-hour availability of the demo forex-trading account is another factor that is to be considered. Thus, you will be able to practice your skills and flex your strategies at any time of a day. This is also done to portray the original forex trading. Forex trading is not just confined to one exchange. During these hours, the trading takes place at different parts of the globe. Since the market is available 24×7, you will be able to trade at any given point of the day. This also eliminated the need to spend a major share of the day staring at the computer screen waiting for that perfect moment to exercise your strategies.

As a rule of thumb, the imaginary currency included with the demo forex-trading account falls in the $ 50000 bracket. It is very much possible to invest the same amount while trading under real world conditions. Nevertheless, industry experts often ask aspiring candidates to initiate trading with smaller sums. Losses are imperative during the initial months and since you are trading with nominal amounts, it might not influence your overall outlook of the market. With the passage of months, it is imperative that you must start trading with higher sums. This will aid in realizing higher profits.

It is better to take your time and then start wagering in the forex market. It is true that people make millions overnight with forex trading. It is also true that approximately 95 percent of the traders lose their hard earned monies exercising the wrong strategies. Consider joining discussion forums and meeting up with professed traders before you opt for a mini forex trading account. Ample aid will be given in these discussion forums. Mingling with the experts, will double your chances of striking gold in the forex market.

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