Thursday 5 November 2015

ENTREPRENEURIAL TRAITS: NETWORKED

Network is a group or system of interconnected people or things. It also can be an association of individuals having a common interest, formed to provide mutual assistance and helpful information. Network helps us to interact with people and engaging them for mutual benefits. Network always be the easiest to start networking with the people to whom you are closest: friends, family, neighbours, present and former co-workers or employers, faculty, classmates, and anyone else with whom you have frequent contact.
            Ones who want to interact with people must have a characteristic that stands out so someone can notice us among the group of people. First thing first, be innovative. A business network needs to embrace a next-generation platform for better performance, thus we have to bring innovations into our activity. For instance, just automating what you already do is necessary, not sufficient.
            Secondly, learn and practice from others. Before we conduct anything that needs us to interact with people, we must learn the steps before making a mistake. We can learn how to structure the industry or firm by following forum or talk about business by Multi-Level Marketing (MLM). Whatever they did and success, we can duplicate as long as we willing to listen and be taught to followed the system.
            The purpose of networked is it can help to establish a new business or grow an existing one. We also can use network to find an investor, customers, staff, suppliers, and business partners with minimal cost. The advantage of networked it is the way of inexpensive to promote anything. It also can help us to discover opportunities and overcome potential issues from being isolated. Networked can become more effective to spend money with rather than spending it on advertising. Example of the field that applied networked as their principle is medical, computer science and business.
            Nowadays, networked is more dominant by using internet. Thus, it is important to be on the net. Many peoples utilizing the internet as their main marketing tool. You can set up your site with autoresponders so when you capture leads, the autoresponder can follow up with that person. Take an example of one of the social networking that we have today, Instagram. Instagram is the best medium for us to market our products and service in creative ways. With a lot of editing tools, we can be creative and will increase attention from other users. Indirectly, our business will experience a fast growing.
            Get to know the co-founder of Instagram, Kevin Systrom, he is an American entrepreneur, a computer programmer and CEO of Instagram. He with Mike Krieger launched Instagram in San Francisco on October 6, 2010. Instagram got 100,000 users in their first week, and sold it for $1 billion less than two years later. Kevin Systrom once said entrepreneurs should not be afraid to have simple solutions to simple problems.

            Kevin does not use the biggest employees for building up Instagram. The success of Instagram is by having the best people working on it and having the group or system of people in place. Kevin surrounds with people who willing to share their ideas, giving an opinion. He also knows what the users of Instagram want by observing their behaviour. This shows that Kevin Systrom only uses the network to build up his career and business.

No comments:

Post a Comment