Author: Arif Raza

The Enduring Benefits of Relationship Building Events

Posted on by Arif Raza

The Enduring Benefits of Relationship Building Events

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Networking today should really be called “relationship networking” because, after all, it is about building profitable relationships. However, there are quite a bit more benefits to networking than just profits. In fact, when you build relationships that are successful, you can improve your business overall in various ways. In this article, we will tell you about the enduring benefits of relationship-building events.

The Benefits of Relationship Building Events

Better Communication All-Around

Communication between all members of your team will empower your success in business. You can conduct team-building exercises that can help facilitate clear and concise communication between everyone. Schedule some time to have your team members in a relaxing environment that encourages discussion. This relationship workflow model should be a regular portion of your overall business management plan.

Productivity Rises Over Time

Better communication between you and your team members will create collaboration opportunities that will increase your productivity. In time, you will see how collaboration fuels growth where everyone works on the same end result. This effective communication prevents duplication of work tasks, and therefore you will have better output from each team member.

Your Team’s Morale Thrives

One of the best rewards of great team communication is the improved morale among everyone. When you have enthusiastic team members, it creates a wonderful work environment that your employees will look forward to coming to every day.

Everyone is Motivated

If you wonder why relationship development is important for your business, it is because it motivates your staff. People are motivated by good vibes and potential rewards for their hard work. When your team members are motivated to this extent, they believe in each other’s abilities. This is because you as the team leader have already opened up the lines of communication. 

Your Team Leaders Will Stand Out

When you conduct these team communication exercises, you develop relationships to grow your business. As these relationships grow, you will discover the members of your team who show many leadership qualities. These natural leaders will stand out as they are usually the people who speak up first and are the most eager to participate in exercises. These leaders take the initiative early on to solve whatever problem your business faces at that moment. These people generally have a positive attitude and can motivate other members of the team.

The Creativity Flow Increases with Your Team

When your team is working in a functional, positive, and motivated workplace, creative instincts begin to take over. Your creative team will be motivated to come up with fresh and innovative ideas. The possibilities are limitless when your creative people feel that any idea they may have will be heard due to the improved communication happening among your team.

Promotora Systems, Inc. can help the small business entrepreneur build win-win relationships  with our coaching programs. We can assist you in every stage of your business development. Contact us today to begin your business assessment.

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The Best Ways to Find Local Business Events

Posted on by Arif Raza

The Best Ways to Find Local Business Events

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It does not matter if your business is local or global, everyone has a place they call home. It is always beneficial to network in your local community for many reasons. Becoming part of your community is a great relationship strategy.  You never know who you are going to meet while participating in local events. When you learn how to build profitable relationships at local business events, your business can grow significantly. Read on to discover the best ways to find local business events.

Steps to Host A Successful Business Event

Start A Community Group with A Non-Business Common Interest

Network by example with having a good work-life balance. It can be anything that you have a passion for. You can have a jogging group at the local park, a dinner club, social meetups, or anything else you can imagine. These casual gatherings can build relationships that can lead to great new colleagues.

Get Involved in A Local Cause

Do you have a cause that you care about? If so, why not consider volunteering at a local nonprofit organization? This is how to develop your business with networking on the local level. You can build win-win relationships with other like-minded individuals while you help other individuals in need.

Host Your Own Local Event

Of course, one of the best lead generation strategies to find new clients is to host your own local business event. Your event can be as simple as an open house into your business, a meet-and-greet luncheon, or any other event type that you wish. This is how to add value to your relationships because if you provide them with a meaningful and successful business event, your connections will continue to build relationships.

When hosting your local networking event, make sure that you identify relevant connections and add them to your invite list. Keep in mind that this is a business event after all and not a social gathering. So, choose your invitees carefully.

Join a Community-Based Facebook Group

In recent years, Facebook has brought many local communities together in many situations. The platform has local groups for nearly any interest. Find these groups on the platform that are business related and meet locally. They will post any upcoming events on their page. You can view the profiles of other attendees beforehand and see make your networking plan. Don’t forget to keep in contact after any meetups with your new connections through this same group to keep your dialogue going and cultivate the relationship.

Use Word-of-Mouth to Find Quality Connections

Recommendations from friends and members of your community do still work, especially on the local level. Ask these people about any professional events they may attend regularly. Although their events may be in a different industry than yours, this can still open up the potential to optimize your networking and expose you to a whole new group of individuals that you may not have ever met in another situation.

Promotora Systems, Inc. can assist you with all your network management needs. We are experts in relationship management for the small business entrepreneur.  Contact us today to grow your business by developing relationships at local business events.

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The Best Metaverse Business Events to Look Forward to in 2023

Posted on by Arif Raza

The Best Metaverse Business Events to Look Forward to in 2023

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Today many business events happen in the metaverse, i.e. virtually. These events have become remarkable for showcasing the latest innovations in the tech world with hybrid events. The conferences are filled with the latest innovations in technology, keynote speakers, workshops, and unlimited networking opportunities to find new clients. Read on to learn all about the best metaverse events happening in 2023.

Steps to Host A Successful Business Event

CES January 5-8, 2023 in Las Vegas and online

CES is an event for global innovators. The conference is going to be held as a hybrid event happening online and in Las Vegas. There are many opportunities to meet new partners and have discussions with colleagues about immersive tech, A/R/VR, robotics, gaming, and artificial intelligence. The event is known for its technology innovations, product launches, and media reach. Some notable exhibitors at CES include Amazon, LG, Google, Microsoft, Sony, and many more.

Who should attend CES: developers, manufacturers, and suppliers that work in business consumer tech

Spie January 24-25, 2023 (estimated) in San Francisco (onsite only)

This on-site event in San Francisco focuses on the next generation in hardware and other technical topics such as 3D display techniques, human perception and UX in immersive displays, novel imaging systems, and display engines, plus much more.

Who should attend Spie: engineers, entrepreneurs, and researchers

SXSW March 10-19, 2023 in Austin, Texas, and online

South by Southwest is a conference that brings together the latest in interactive media, film, tech, VR, and robotics. Other topics covered at this event include voice technology, wearables, security and privacy, cryptocurrency, and XR.

Who should attend SXSW: gamers, content creators, and global professionals

IEEE VR +3D March 25-29, 2023 (estimated) virtual only

This event focuses on the creators and researchers of tech. The IEEE Conference on VR and 3D is the best international event to present research results on virtual, augmented, and mixed reality. Topics covered include animation in VR and AR, developing XR applications, the metaverse, and much more.

Who should attend IEEE VR+ 3D: Developers, educators, scientists, researchers, and anyone interested in XR tech

Nvidia GTC March 2023 TBD virtual only

This conference brings in many leaders from large tech companies such as Zoom and Microsoft to speak about AI, omniverse, high-performing computer graphics, and much more. A vast amount of learning sessions are available at the conference covering the following topics: robotics, game development, accelerated computing, speech AI/NLP, Cloud XR, cybersecurity, graphics, autonomous vehicles, and design collaboration.

Who should attend Nvidia GTC: researchers, developers, creators, and innovators

Laval Virtual April 12-14, 2023 Espace Mayenne, France, and online

This international event comes highly recommended by past attendees to attend on-site. This is due to the awesome events, networking opportunities, and workshops. If you cannot attend in person, you can attend via Laval Virtual World application. This conference allows you to meet the best innovators, VR/AR technicians, and international XR experts in the field.

Who should attend Laval Virtual: CEOs, managers, tech geeks and startups

MIT Reality Hack Boston TBD 2023 Boston and online

Keep your eye out for this amazing conference happening virtually and on-site in Boston next year. MIT Reality Hack is the largest hackathon in the world with more than 400 hackers attending. This event consists of many great tech workshops and talks, collaborations, plus much more. There is also a prize pool at the event with the winners receiving $12,000 based on their VR projects.

Who should attend MIT Reality Hack: technology lovers, creators, brand mentors, etc.

Global XR Conference 2023 December TBD

This online global conference is held exclusively on AltspaceVR. This is where attendees can connect and discuss the future of the metaverse. Other great things about this event include business sessions, and workshops related to AR/VR/MR/ER. Global XR Conference is free of charge. You just need to register so you can join the more than 2,000 attendees worldwide.

Who should attend: anyone interested in VR/AR technology

Meta Connect 2023 TBD on Facebook

This one-day online event will cover many topics in the VR world. Communities come together to learn about the latest XR innovations. The event hosts “Reality Labs” to see the future of AR and VR. Don’t miss the informative talks from Mark Zuckerberg, CEO of Meta Platforms, and Nanci Li, the product lead AR/VR Reality Labs.

Who Should attend Meta Connect 2023: Gamers, engineers, researchers and developers

Now that we have given you a preview of these informative and exciting metaverse events coming in 2023, you can begin thinking about which to attend to learn from industry colleagues,  optimize your networking, and grow your business.

Promotora Systems, Inc. can empower your success with our many business development services. Contact us today to begin your journey into the future of metaverse events.

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How To Host A Successful Business Event

Posted on by Arif Raza

How To Host A Successful Business Event

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One great way to get your business to the next level is to host an event. There are many moving parts in planning any event, and it can seem like a daunting task. Promotora Systems, Inc. can help you with all the steps involved in planning. Read on to learn the steps to host a successful business event.

Steps to Host A Successful Business Event

Begin ASAP

Face it, planning a successful business event will take a considerable amount of time. The larger the event, the more time you will need to plan it. A time span of at least 6 months is optimal for an event with at least 500 attendees. Smaller events can take as little as a couple of weeks, depending on the details.

Get together a short list of your goals for your event. For instance ask yourself: “Am I looking to find new clients and create strategic partnerships?” The answer to these questions will help create your attendees list.

Find Your Attendees

Once you have identified your event’s objectives, you can target these connections as invitees to your business event. You need to understand your target audience immensely so you can determine if their attendance is beneficial to the event. Do some research on your target audience such as their demographics, behaviors, and motivations they would have to attend your event.

Make Your Plan

Once you have established your attendee list and estimated your event budget, you can make your plan. At this stage, you could have a written event plan that can be an outline of your plan’s success. This written plan can help you manage all aspects of the event planning process including your event team, the venue, catering, and all other logistics.

Great Branding Will Go a Long Way

Leading with your brand is a great way to make your event stand out. Create a strong branding presence such as an overall theme for your event. Make sure this theme is unique to your brand and industry. Be sure to create a memorable logo to accompany your event name. Even a tagline for your event posted on social media platforms can go a long way in branding your event.

Set Up All Components of Your Event with Your Team

Now that your event team is established, it is time to implement all the elements of your event. These include:

  • Venue management
  • Booking speakers/talent
  • Catering
  • Safety/security
  • Marketing

Get Your Sponsors Set Up

Make a list of potential sponsors who you wish to support your event. It is a good idea to do some research to find the most appropriate sponsors for your event. Remember that sponsorships follow the rule of reciprocity because they also want to build win-win relationships. You will need to reach out to potential sponsors with customized proposals that detail the benefits their company will enjoy sponsoring your event.

Begin Promoting Early and Build Up Over Time

Along with planning your event, the promotion and event marketing must be done in stages. For instance, very early on, you can promote your event via a TBD or save-the-date announcement. An early ticket sales promotion can draw interest early on. Once you have booked your keynote speaker or talent, you can announce it on all your social media and networking platforms. Make sure your target audience is aware of when your event registration is starting and closing. The key is to build anticipation for your event in the months and weeks leading up to it. Be sure to pique their interest so they are sure to attend.

Promotora Systems, Inc. has many coaching programs that can help you with event planning and your next business event. We also have many lead generation consulting and business management services available. Contact us today to empower your success.

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How to Find Business Events Online

Posted on by Arif Raza

How to Find Business Events Online

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Attending networking events can provide the exposure your business needs to take it to the next level. If you are looking to attend networking events to develop your business, you can easily find such events if you know where to look. Read on to learn about where to find the networking events that will help you find new clients.

Where To Find Business Networking Events on the Web

Online Business Networking Sites

There are a few great websites where you can find conferences and networking events. There are two that are considered to be the best. They are:

Eventbrite is an event-based website. On there, you can find listings for many networking events, both free of charge and paid. On Eventbrite, you will find conferences, discussions, workshops, and much more. The website has filters in which you can find events in any region in several categories including travel, health, tech, and more.

On Meetup, you can find free and low-cost in-person meetups anywhere. The website allows users to find meetups through very specific filters to find people in any industry. The website also has a filter for career and business events so you can find local career-focused groups to optimize your networking.

Social Media and Online Common Interest Groups

If you haven’t already joined industry-related groups on social media platforms such as Facebook and LinkedIn, do it now. You can use these social media platforms to get information about upcoming business networking events. For instance, you can develop your business through LinkedIn by joining industry-related groups. Make sure you are active in the groups and check postings regularly. Your colleagues, through these groups,  may post about a business networking event coming up soon that you may want to attend.

If you do a Google search, you can easily find some common interest groups that you could join. Search for organizations and subscribe to their newsletters. These organizations usually hold networking events from time to time, as well as seminars and classes.

Contact Your Alumni Organization

Contact your university’s alumni association and sign up. These organizations host a wide array of events that are prime for networking. These events open up a whole new batch of connections and spread a wider net with your networking. Another plus: These organizations host reunions and holiday parties, so not only will you reconnect with former classmates and colleagues, you can make unlimited new connections.

Contact Local Organizations

Never underestimate the power of relationships through networking locally. A quick online search will connect you to your local Chamber of Commerce, and organizations such as Rotary, Kiwanis, and Lions Clubs in your area. These local organizations have many business and networking events year-round. Make sure you sign up for their periodic newsletters where they will surely post about upcoming events.

Talk to Your Colleagues

You can always speak to a co-worker briefly, even online through a messaging app such as Slack, and ask them if they have heard of any recent online sites for events. You can also ask about their connections on LinkedIn.

Another good source for networking events is your mentor at work, one that has many years of experience in your industry. This individual has surely attended many business events in their career.

Promotora Systems, Inc. can show you how to develop your business through networking at events both online and in-person. Contact us today to enroll in one of our coaching programs.

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How To Get Public Speaking Engagements As A Business Coach

Posted on by Arif Raza

How To Get Public Speaking Engagements As A Business Coach

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Public speaking engagements are one of the best ways to grow your business. You may not realize that these speaking engagements are another form of networking. The benefits of public speaking can be numerous, including establishing your credibility in your industry and growing your platform. 

If you are not sure how to find and get the best public speaking engagements, we can help. Read on to learn how you can acquire great paying public speaking gigs to empower your success.

How A Business Coach Can Get Public Speaking Engagements

Decide What Your Goal Is, and Work Toward It

The first step in this process is deciding your ultimate goal for your business. You need to discover your primary purpose for getting into public speaking. For instance, do you want to establish a side gig or second career as a public speaker, or do you want to increase the sales of your product or service?

Outline Your Speech

Draft an outline of your speech with your main topics highlighted. Create one or more topics with outlines that include catchy titles and subheadings. When you approach a venue to book a speaking engagement, you should come to them with some added value for your speech. For instance, when you approach the venue manager, you could say, “I am a great public speaker. Here is an outline of the speech I would like to present.” This will let the manager know that you are confident in your abilities and have specific ideas.

Join your Local Chamber of Commerce

Besides the local chamber, you could also join a civic group like Kiwanis or Rotary Club. Look for places where people speak publicly on a regular basis. After joining and attending some gatherings, you will be asked to give a presentation on your expertise. This is a great way to get public speaking practice and even make some contacts for speaking gigs in the future.

Establish Your Presence Online

The next step is to create a professional, dynamic website and a page on a social media platform to promote your public speaking. This is how you can generate leads on LinkedIn and other social media platforms. Make sure the website and page contain plenty of contact information so those prospects can reach you easily. Steer all potential clients to both of these pages. This is where leading with your brand will help you get those speaking gigs.

Start Small and Locally

Find places locally that host speakers. Then find the contact person and either call or email them an inquiry. Try to find local networking events, conferences, and meetups locally. This is a great way to get your feet wet with public speaking, where you start small, and as your confidence grows, you go to bigger venues and events.

Regional Conferences

After you have spoken several times on the local level, you can now move up to regional conferences. Do some research and find conferences that are relevant to your industry. For instance, those in the travel industry may want to attend a related trade show and try to secure a speaking engagement there. Bear in mind that competition for speaking at this level is fierce, so you will have to up your presentation game to secure yourself a slot.

Make a Demo Reel

To get booked at a national speaking level, a demo reel is a must. Hire someone to film one of your speeches. Then find a consultant to edit your best moments into a 5- to 10-minute showcase of your public speaking. Once these are finished, add these to your website and all relevant social media platforms.

Set Your Goal For the Year

A good goal to set is 12 speaking engagements in one year. This is not as easy as it sounds. On average, you will have to approach maybe 60 venues to secure those dozen gigs. Early on, make a list of venues to approach. It is a good idea to have a varied selection of venues for proposing. These can include:

  • Previous local and regional venues
  • Potential local and regional venues
  • Regional conferences in your industry
  • Charities and nonprofits

Promotora Systems Inc. can show you how to develop your business with our various coaching programs that can take your business to the next level. Contact us today to empower your success.

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7 Tips for Networking Online

Posted on by Arif Raza

7 Tips for Networking Online

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We know networking is important for business, but we don’t always know how to network effectively online. The key is to use your current network and grow those relationships, but that’s easier said than done. This week we’ve put together 7 tips to help you network more effectively online.

#1: Do an online audit

Ensure your social media accounts are current and that they show the information that you want to present to the world. You are your own brand, and potential new contacts are going to check you out online. An audit and, if necessary, an edit of your web identity will help you make the impression you want once you get started with online networking.

#2: LinkedIn is your friend

LinkedIn is a great tool to help you grow your network. The free version is great, but if you want all the bells and whistles, then you’ll want to invest in the premium version. This small fee each month will give you even more access and information about the people you want to connect with. If you set aside a few minutes each day to share content and create meaningful connections, you’ll be amazed at how quickly your network will grow.

#3: Participate in virtual events

There are tons of online communities that do virtual meetups, such as a morning coffee or happy hour. These events are typically free to join and give you an opportunity to meet people online in a stress-free environment using Zoom or another video conferencing platform. While these meetups don’t allow for the same level of intimacy as in-person events, it is a good alternative, especially if the people you are looking to network with are outside of your city or state.

#4: Participate in online chats

Facebook and LinkedIn have many groups you can join that will allow you to network with hundreds, even thousands, of people you wouldn’t have the opportunity to network with in-person. A simple search on the platforms will populate a list of groups that might be of interest to you. Just search out the groups with people in your career field or a topic you are interested in, and your options for networking will be limitless.

#5: Reconnect with your current network

While you are busy building new connections, don’t forget about your current ones. You will want to keep those connections fresh so that they can help introduce you to their network. Always be looking for opportunities to help people within your current network. This will show them that you aren’t just interested in what they can do for you, but also what you can do for them to help them grow.

#6: Take your time

Building your network is a marathon, not a sprint. You will want to take your time forming connections and nurturing them. This is an ongoing process and not something that you’ll be able to accomplish in just a few days. Take the time to get to know your connections and give them an opportunity to get to know you.

#7: Don’t wait to get started

Start focusing on growing your network now. Since we know it takes time to cultivate a relationship, you’ll want to start making those connections. Online networking makes getting started a breeze; all you have to do is create a profile and reach out to a few people you know. As you form connections with people you already know online, you’ll start seeing more and more people you’d like to connect with. So, the sooner you get started, the better.

These are just a few tips to help you network effectively online. There are many different approaches you can take, but it’s important to remember that forming genuine relationships with people in your network takes time and effort, so make sure you are ready to make that commitment. If you need help getting started, contact us and we can help.

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LinkedIn Lead Generation Secrets for Beginners

Posted on by Arif Raza

LinkedIn Lead Generation Secrets for Beginners

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If you are not sure how to use LinkedIn to develop your business, we can advise you on how to generate leads on LinkedIn and build win-win relationships for the long haul.

How To Generate Leads on LinkedIn

Define Your Lead Generation Goals

The lead generation process is a long-term, ongoing task. You need to have a goal other than just to get more leads, and putting a pitch out there blindly can be counterproductive. Since lead generation takes time, you will need to keep track of your goals. Make a definitive list of goals and Key Performance Indicators (KPI) to keep your focus clear.

Keep in mind that when you define your goals and focus on them, it helps you identify relevant connections and what type of content you want to create to convert them.

Optimize Your LinkedIn Profile

To begin the lead generation process, you must first build your brand. You accomplish this by optimizing your LinkedIn profile. A well-constructed profile heightens your credibility and professionalism. Your LinkedIn profile should contain:
  • Basic profile information such as a professional photo, work experience, special projects, achievements, and more.
  • Testimonials and recommendations from clients, colleagues, or former employers, which are added to your LinkedIn profile.
  • Add relevant SEO keywords to your headline, experience, about section, and all content.
  • Search for and connect with prospects.

Actively Engage With Your Connections

Once you make your quality connections, you must engage with them consistently on LinkedIn. When you actively engage with your connections on LinkedIn, you increase your profile views and receive more invitations to connect.

One of the best ways to remain active with connections on LinkedIn is by joining industry-related groups on the platform. Nearly every profession and niche is represented in LinkedIn groups. Post and engage with other members of the group regularly. Add comments and like others’ posts to increase your visibility even more. This is also the best way to generate even more quality connections.

Build Your Content Strategy

Do not forget that your content strategy is directly connected to how to generate leads on LinkedIn. When your content is authoritative, it nurtures your relationship with your current connections and will draw new ones in. Pick a topic that you consider yourself an expert. You want relevant connections to be a part of your network, so tailor your content to attract those you want in your professional circle.

LinkedIn Outreach

To have lead generation on a wider scale, consider running an ad campaign on LinkedIn. If you run the right campaign, it will increase your company’s message and visibility even more. LinkedIn makes it easy for you to target your ad campaigns based on your connections because the platform has all the pertinent information about your target audience.

Promotora Systems Inc. can help you with lead generation consulting and assist you with your LinkedIn networking strategy to find new clients and create strategic partnerships. Contact us today to get started.

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Top 5 Reasons Why Business Collaboration Helps Grow Businesses

Posted on by Arif Raza

Top 5 Reasons Why Business Collaboration Helps Grow Businesses

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Collaboration is a great way for a small business entrepreneur to create strategic partnerships, find new clients, and facilitate your business development. In this article, we will explain how collaboration fuels growth for your business.

A Different Perspective

 

When working alone, it can be quite easy to get into a routine or a rut with the creative process. Collaborators can breathe fresh life into the project. When you work with others, it can inspire you to get past any “blocks” you may have with moving your project forward.  Collaborators can brainstorm with you and can provide inspiration, provide a new angle in problem-solving and add a whole new perspective.

 

It Grows Your Network

 

The average business person knows approximately 600 other people. When you collaborate with someone, you open the floodgates to an entire new network. Out of that pool of people, there can be a significant amount in your industry that can be future collaborators.

 

When you collaborate with others in your industry, you are continually growing your network. For instance, if you collaborate with a colleague that you met on LinkedIn, you can tap into that collaborator’s own network. Your contact may know of other collaboration opportunities, and your mutual connection can introduce you to some relevant connections. Either way, your collaboration is one of the best ways to get more exposure for your business.

 

Co-Opetition

 

Co-Opetition is a concept where businesses work together to co-promote their products or services. A good example of this is if an airline teams up with a luxury resort and offers a bundle package to consumers. This is a win-win relationship for both companies as both stand to make a profit from the co-opetition.

 

Saving Money By Combining Resources

 

When collaborators work together, they can also reduce costs for each business by combining their resources. The shared resources can be used in many ways including the costs for any rental spaces at trade shows, or splitting the overhead costs for the entire project.

 

Collaboration Only Adds to Your Expertise

 

When you create collaboration opportunities, you build win-win relationships, but it also adds to the overall credibility of your business. You also get the added value and insights from the collaboration that your business gains, as well as all their expertise.

Promotora Systems Inc. has many coaching programs to help small business entrepreneurs build relationships and empower their success. Contact us to begin your journey.

A Different Perspective
When working alone, it can be quite easy to get into a routine or a rut with the creative process. Collaborators can breathe fresh life into the project. When you work with others, it can inspire you to get past any “blocks” you may have with moving your project forward.  Collaborators can brainstorm with you and can provide inspiration, provide a new angle in problem-solving and add a whole new perspective.
It Grows Your Network

The average business person knows approximately 600 other people. When you collaborate with someone, you open the floodgates to an entire new network. Out of that pool of people, there can be a significant amount in your industry that can be future collaborators.

When you collaborate with others in your industry, you are continually growing your network. For instance, if you collaborate with a colleague that you met on LinkedIn, you can tap into that collaborator’s own network. Your contact may know of other collaboration opportunities, and your mutual connection can introduce you to some relevant connections. Either way, your collaboration is one of the best ways to get more exposure for your business.

Co-Opetition

Co-Opetition is a concept where businesses work together to co-promote their products or services. A good example of this is if an airline teams up with a luxury resort and offers a bundle package to consumers. This is a win-win relationship for both companies as both stand to make a profit from the co-opetition.

Saving Money By Combining Resources  

When collaborators work together, they can also reduce costs for each business by combining their resources. The shared resources can be used in many ways including the costs for any rental spaces at trade shows, or splitting the overhead costs for the entire project.

Collaboration Only Adds to Your Expertise

When you create collaboration opportunities, you build win-win relationships, but it also adds to the overall credibility of your business. You also get the added value and insights from the collaboration that your business gains, as well as all their expertise.

Promotora Systems Inc. has many coaching programs to help small business entrepreneurs build relationships and empower their success. Contact us to begin your journey.
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How Collaboration Among Ideas Creates A Powerful Network

Posted on by Arif Raza

How Collaboration Among Ideas Creates A Powerful Network

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When a small business entrepreneur collaborates with you, it brings about a myriad of ideas to the table. This collaboration significantly helps to identify relevant connections to create an outstanding network. In this article, we will tell you how you can empower your success and build win-win relationships through collaboration.

How Collaboration Fuels Growth for Your Network

Collaboration Brings New Ideas to the Table

Your network can be a wonderful source of new ideas. While you collaborate, new ideas get exchanged. Your collaborator may want to consult with someone else in their circle. This, in turn, will bring them into your fold as another valuable person to add to your network.

Raises Your Business Profile

Collaboration raises your business profile no matter the circumstances. When you begin a collaboration, try to broadcast your new alliance on the relevant social media platforms such as LinkedIn, Facebook, Twitter, and other industry websites. This also helps build your company’s reputation by showing your professionalism, knowledge, and expertise. You may find yourself getting attention from people in the loop that may eventually approach you with offers and opportunities.

Gain More Industry Knowledge and Peer Support

Collaboration coinciding with networking is the best way to gain access to new and valuable information. This opportunity is often overlooked as a benefit of collaboration and networking. Peer support is another great benefit of collaboration that helps build your network. When you discuss common industry challenges and opportunities, it leads to some sage advice and guidance on the next steps to take.

Collaboration Strengthens Business Connections

Networking is all about sharing, not just taking. Collaboration builds trust as you work toward your common goal. When you engage with your connections and offer any assistance, you are planting the seed for your company’s growth. You will earn a reputation in your industry as someone who likes to help others. The chances are that the rule of reciprocity will come into play later on when you seek assistance.

Collaboration Builds Confidence For Your Network

When you collaborate, it gives you the confidence to create a powerful network. The priceless social skills you learned while collaborating can help you increase your comfort zone in the future. This can help you approach others and build relationships to grow your network and make it stronger.

Promotora Systems Inc. has many coaching programs that can assist you with network management and discover collaborative projects. Contact us today to get started on all your business development needs.

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