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Create Your Own Team Of Experts Who Will Work For Free |
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Submitted by Maria Simone
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Don't run your business in the dark! Surround yourself with experts who have skills, talents, contacts and access to capital to help you launch and grow your business. Let others become magnets for what you need next.
So the old saying goes "if I only knew then what I know now". I say "why wait to have the experience"?
Avoid the "hard knocks" that people insist on having by building a TEAM of people that have demonstrated success in the areas you're about to venture into. Think about what it would be like to have someone in your life that has been down the same path that you're about to go down, who is freely sharing with you what's in store. You'll be able to plan better, make better informed decisions, as well as save lots of time and money by avoiding the most commonly made mistakes.
What do I call my TEAM?
Make it formal and professional to lend credibility. I like ADVISORY TEAM or ADVISORY BOARD as it relates to business. Others call it MASTERMIND GROUP, and MENTOR GROUP.
Who should be on it?
Here are a few examples of the "profiles" of those who would provide a well-rounded experience:
1. Someone with experience developing a business--- starting a business, experience with acquiring funding, dealt with legalities of having a business, launch, growth, exit strategies, etc.
2. Someone that has actually launched or worked with a company that has achieved your desired revenue goals in yours or a similar industry. EX: One of my companies is a fashion accessory company so I sought out the advice of Nick Graham who had founded the very successful "Joe Boxer" brand in 1987.
3. Someone that responsibly represents YOUR desired market that can give you feedback and credibility along the way. EX: My husband’s friend launched an animation company that produces cartoons promoting environmental issues. The Honorable Al Gore is on their Advisory Team.
Someone not related to your business but well-grounded and "wise" in other areas of life. This person will help give you perspective and support your desire to have balance in your life.
What to say?
In short, approach these people and request a short meeting where you'd have the opportunity to ask them some relevant questions about your business that they would completely relate to. Can they validate what you're doing? Did they have similar experiences they could share with you? Is there anyone else they would recommend you speak to? Any special advice they could give you?
How to follow-up?
Request that they allow you to check in with them once a month to share your progress and to seek their guidance. People generally will be honored to be able to support you at such intervals and won't think to ask for anything in return.
Not only will they get to help the next generation succeed, the relationship itself will start attracting more people, customers, capital and other resources to your project.
Bio:
Maria Simone (simone@manifestsuccessguru.com) is a speaker, mentor, author and dynamic business development and marketing expert who has launched several companies and has raised millions of dollars in funding. She helps inventors, start-ups and service providers attract experts, customers, resources and capital. Receive a free business start-up kit at http://www.manifestsuccessguru.com
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LinkedIn Recommendation:
 George Ishee - We are now helping companies automate their sales pitch to generate more leads! - Teo is someone that you trust, know is diligent and hardworking. He is creating a web based network that will help people network online and grow their business. I have worked with Teo and recommend him to anyone as he always is someone you can count on. - August 17, 2008, George was with another company when working with Teo at Net-Teams, Inc. |
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