Business Alternatives

In: Business and Management

Submitted By angel1850
Words 898
Pages 4
Why Build an Awesome Professional Network?
People do business with people they know, like and trust. Companies don’t make decisions, people do. Your professional network can open doors for you that otherwise could not be opened. For better or for worse, it’s not just what you know or are capable of doing, it’s who you know, that’s important for career advancement and business development. You can also learn a tremendous amount from people in your network who have experience and expertise.

How to Learn How to Build Your Professional Network
After realizing the incredible importance of professional networking, I began scouring the web, Amazon, and bookstores for resources. I found there were resources on related topics, such as interpersonal communication, but not many great resources on business networking specifically.

I began asking everyone I know who has had a successful career, built a successful business, or simply knows a lot of people for their advice on how to build a professional network. After compiling the best advice I received, studying every relevant book and resource I could find, experimenting, and practicing, I learned a lot about how to effectively make new contacts and build relationships.

After years spent practicing and testing new techniques and strategies, making a lot of avoidable mistakes, and meeting and building relationships with lots awesome people, I’ve learned a lot and decided to write a book on it to share my knowledge. Here’s just 10 business networking tips you can use to grow your professional network.

1. Be Helpful
When people in your network get stronger, you get stronger. By helping people in your network get stronger, they may be in a better position to be able to help you in the future. In addition, per the law of reciprocity, people may be more motivated to return the favor.

Share your expertise and ideas.…...

Similar Documents

Litigation and Alternatives

...Litigation and Alternatives The dispute between NonLinearPro and Quick Take Video take place because an employee make the mistake of not reading an agreement before signing it. NonLinearPro now has a leasing contract for three months for the equipment Quick Take Video returned and refuses to make payment. The following will give the complaints each party could have and their options for resolving the complaints. The complaint NonLinear Pro would have against Quick Take Video would be not receiving payment for equipment leases to Quick Take Video as specified in the lease agreement. Quick Takes can claim NonLinear Pro lease is not binding because the equipment was not suitable for their company and they returned it once the issues came about. Hal has several options when it comes to the suit. He can pay the $5,000 to make the suite go away. He can send in a response to the compliant and send a cross complaint and allow the suit to go to litigation. Hal can also use one of the alternative dispute resolutions to mitigation the issue to maybe gain a better financial outcome than going through litigation. As stated in by Cheeseman (2010), arbitration and mediation can be alternatives to litigation and all three can give some of the same advantages. They both will be cheaper in the fact there is no lawyers involved and so therefore the cost of handling the complaint is cut but there is the cost of the arbitrator or mediator. Never the less the cost is cheaper than......

Words: 694 - Pages: 3

Alternative Energy

...BIOL 101 Alternative Energy Solar and wind power 10/14/2012 [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] Abstract This paper will review solar and wind energy as the alternative energy sources to replace fossil fuels and nuclear energy. Solar and wind energy has experienced phenomenal growth in recent years due to both technological improvements resulting in cost reductions and government policies supportive of renewable energy development and utilization. Fossils fuels and nuclear energy have been the world’s main source of energy for years but, with global warming and with a recent melt down at a Japanese nuclear plant many are questioning is it time to use other alternatives energy sources. Although both alternative energy sources are safer than fossil fuels and nuclear energy the world has been reluctant to switch power sources. The recent severe energy crisis has forced the world to develop new and alternative methods of power generation, which could not be adopted so far due to various reasons. Solar energy represents our largest source of renewable energy supply. The Sun is naturally Earth’s most abundant energy source and will be around for billions of years. This is a resource that essentially human beings won’t be worried about running out of anytime soon. Wind......

Words: 1443 - Pages: 6

Alternatives

...Alternatives As a first alternative, Nintendo could consider hiring more employees to meet the demand of its customers. In the text, it is stated that Nintendo was unable to keep up with the demand of customers for the Wii for many years. It was also stated that Nintendo had the least employees of the three major gaming console production companies. By hiring more employees, Nintendo can meet the demands of the market which would help the company to sell more consoles. The increase in the sale of consoles would therefore cause an increase in the sale of games. With an increase in the number of employees, there is also a risk that the supply of Wii U consoles will outpace demand potentially causing members of the production team to be laid off. Also, a new production team could result in many of the consoles produced to have problems. To solve the risk of the supply issue, Nintendo should hold management team discussions to figure out what number of employees they to need meet demand without outpacing it. To prepare for the issue of inexperienced workers, Nintendo should take their time in hiring only the highest quality employees they can find. As a second alternative for developing the Wii U, Nintendo should consider continuing to be the leader in developing more new and interesting ways to play videogames. One of the key selling points for the original Wii was that it made Nintendo the first major game console producer to implement motion sensing technology into...

Words: 618 - Pages: 3

Litigation and Alternatives

...Litigation and Alternatives Wilma McDonald LAW 531 August 14, 2012 Candice M. Deisher, Esq. Litigation and Alternatives The video “Litigation and Alternatives” features a dispute between Quick Takes Video (Quick Takes) and Non-Linear Pro (Non-Linear), which involves the use of a new video editing system. Quick Takes stated that the verbal agreement with Non-Linear consisted of using the new editing system for a three-week trial period. Non-Linear stated they have a signed lease agreement with Quick Takes for a minimum of three months. Non-Linear presented Quick Takes with an invoice in the amount of $5,000, which Quick Takes refuses to pay because of the inefficiency of the editing system and its belief that a lease agreement was never agreed upon (University of Phoenix, 2012). Both parties have options for resolving this matter. This paper serves to discuss the traditional litigation system and the nontraditional forms of Alternative Dispute Resolution (ADR) to gain a better understanding of the benefits and risks for both Quick Takes Video and Non-Linear Pro. Traditional litigation normally involves a substantial amount of time, unwarranted publicity, and detail-oriented......

Words: 705 - Pages: 3

Alternative Funding

...Alternative Funding Non-profit organizations, such as PEACE Domestic Violence Agency, after receiving grants, may continue to struggle finding adequate funding options. The obvious ways to obtain funds is through grants and donations. Grants are not always easily obtained and most donations are a one-time contribution. Discovering alternative methods for obtaining funding may take an ample amount of brainstorming. For PEACE Domestic Violence Agency, unfortunately, grants will not cover the cost to effectively run the organization. Alternative funding methods must be selected. Examples of alternative funding options to explore are fundraisers, opening a thrift store, soliciting local businesses, selling commemorative bricks and/or benches, and holding special events in the community. Fundraisers may include bake sales and carwashes organized and conducted by the staff only to protect the identity of the victims. PEACE will open its’ own thrift store selling donated items and handmade crafts the victims will create within a therapy group and all the proceeds will benefit the organization. Special events to take place in the community could be a talent search contest where the contestants pay an entry fee and the crowd will vote on the best performer. The event will also include information booths regarding domestic violence education and prevention and the specifics of what PEACE offers to victims and the community. Event goers will also have the option to purchase the......

Words: 302 - Pages: 2

Alternative

...equipment in the Squamish plant was very old, by 2007, only 15% of the machinery in the plant was new, efficient, numerically controlled equipment. Alternative 1. Focus on single line productions, reduce operating cost and re-structure company by centralization Pro: 1. Continue and enhance cost leadership strategy by decreasing product cost and operating more efficient 2. Quality and reliance will also be improved by replacing aging equipments 3. Centralization structure can enforce product line focus and improve communication among divisions. In addition, it will make incentive programs more effective and reinforce a shared vision. Cons: 1. It will be costly to replace the old equipment and re-structure the company 2. The risk is high due to requiring high investment and uncertain issue of re-structuring company 2. Expand into standard crane market and improve customer services Pro: 1. It may increase sale by entering into different market and improving services Con: 1: It will move away from company focus. In addition, the cost may increase and the company will lose competitive advantage in the market. The risk is high due to high investment and without competitive advantage 2: The main current issues of the company will not be solved. 3. Sell the company pro: Cash out of your business and get rid of headaches. It will release you from the responsibilities of ownership and management, and free you to pursue other......

Words: 493 - Pages: 2

Alternatives

...Alternative 1 – Acquiring SSI The second alternative under consideration by ASFC Ltd is acquiring SSI Ltd. This alternative is very profitable (see Exhibit # X) and meets one of the two constraints mandated. The pros and cons are listed below in Table # X. Table 1: Pros/Cons of Acquiring SSI Pros | Cons | * SSI has strong growth aspects * SSI has a strong presence in Western Canada and could help improve ASFC’s presence * Nicole Gagnon, VP of Sales supports the purchase of SSI Inc. * Choosing to acquire SSI has a positive NPV and reaches the revenue growth goal by doubling revenue by 2014 * Comes with profitable line of Petsnax * Allows ASFC to enter into the premium snack market with SSI growing by 10% annually, this will allow further penetration of market | * SSI’s employees have expressed concerns with the move * There are cultural differences between SSI and ASFC * Has not reached the margin goal (see exhibit X) * Petsnax is not a usual offering of ASFC and Jeff Karpenko would like to sell it * SSI’s head office is in Edmonton, whereas ASFC’s is in Toronto – would require a move and unhappy employees | Exhibit X - Acquisition of SSI Acquisition Costs | $ (8,500,000.00) | Initial Investment Cost1 | $ (31,638,022.67) | PV of Synergistic Savings2 | $ 3,616,200.00 | PV of Future Cash Flows3 | $ 39,426,739.41 | Initial Costs of Integration | $ (4,500,000.00) | Sales of Assets | $ ......

Words: 482 - Pages: 2

Alternative and Alternative Communication

...ugmentative and alternative communication (AAC) is an umbrella term that encompasses the communication methods used to supplement or replace speech or writing for those with impairments in the production or comprehension of spoken or written language. AAC is used by those with a wide range of speech and language impairments, including congenital impairments such as cerebral palsy, intellectual impairment and autism, and acquired conditions such as amyotrophic lateral sclerosis and Parkinson's disease. AAC can be a permanent addition to a person's communication or a temporary aid. Modern use of AAC began in the 1950s with systems for those who had lost the ability to speak following surgical procedures. During the 1960s and 1970s, spurred by an increasing commitment in the West towards the inclusion of disabled individuals in mainstream society and developing the skills required for independence, the use of manual sign language and then graphic symbol communication grew greatly. It was not until the 1980s that AAC began to emerge as a field in its own right. Rapid progress in technology, including microcomputers and speech synthesis, have paved the way for communication devices with speech output and multiple options for access to communication for those with physical disabilities. AAC systems are diverse: unaided communication uses no equipment and includes signing and body language, while aided approaches use external tools and range from pictures and communication......

Words: 504 - Pages: 3

Alternatives

...burden of proof on the providers of opportunities; to some degree, the providers must be able to demonstrate that their granting of opportunities to white males is not discriminatory.... [tags: Affirmative Action] :: 1 Sources Cited 1138 words (3.3 pages) $19.95 [preview] Affirmative Action - Affirmative action caught in tale of the two cities of Boston, Massachusetts and Denver, Colorado. Since the late 1980s, race and sex-based contracting preference programs in the U.S. cities have faced significant challenges in the courts (Rubin). On February 7th, Boston Mayor Thomas Menino announced his plan to eliminate a 15 year old program that required bidders on city construction contracts to subcontract 15% of work to minority-owned business enterprises and 5% to women-owned firms (Rubin).... [tags: Affirmative Action] 870 words (2.5 pages) FREE Essays [view] Affirmative Action - Affirmative Action Though Affirmative Action is a current controversial issue, it is far from new; its decree has been long in the making. Perhaps it originates from amendments 13-15, the series of amendments that outlawed slavery, guaranteed equal protection under the law, and forbid racial discrimination when voting, respectively (Sykes 1). The Supreme Court’s decision in 1896, in the case of Plessy V. Ferguson, mandated separate but equal treatment for African Americans (Sykes 1).... [tags: Government Affirmative Action Essays] :: 10 Works Cited :: 10 Sources Cited...

Words: 481 - Pages: 2

Alternative

...Alternative Financial Services The world of finance is a growing industry, which helps provide the needs for individuals and businesses alike. Within the field of finance, there are many different sectors such as commercial banking, insurance, investment banking, and most importantly, Alternative Financial Services. The term Alternative Financial Services is described on the Federal Deposit Corporations website as follows: Alternative Financial Services (AFS) is a term often used to describe the array of financial services offered by providers that operate outside of federally insured banks and thrifts (hereafter referred to as "banks"). Check-cashing outlets, money transmitters, car title lenders, payday loan stores, pawnshops, and rent-to-own stores are all considered AFS providers. To sum things up, Alternative Financial Services are basically ways to receive money without using a more traditional way, such as getting a loan from a commercial bank. The different [I would delete “different” – seems repetitive with “incredibly diverse”] types of Alternative Financial Services are incredibly diverse, often described as a melting pot of providers. These different services include car title lenders, pawnshops, rent-to-own stores, and last but not least, payday loan stores. Alternative Financial Services have become increasingly popular since the Great Recession, mainly due to the strict credit regulations among commercial banks. Due to its deep roots in......

Words: 2226 - Pages: 9

Alternative Energy or Alternative Future

...Alternative Energy or Alternative Future Throughout the course of history, technological breakthroughs have paved the way for human advancement in all areas. Civilization has advanced so fast that the results from the breakthroughs are now having an impending damaging effect on the environment. Environmental degradation has long been a threat but presently this threat is exponentially greater since it has been compounding within the last century. These threats have forced the hand in researching and developing alternative technologies to maximize the potential of renewable energy sources. The requirement to reduce harmful emissions, toxins and pollutants needs to be a main concern. The ongoing change of this world deserves a modified stance on how it needs to be guarded. This world needs to shift priorities in order to develop alternative energy sources further so reliance on fossil fuels will decrease to prevent any additional environmental ruin. A key approach to alleviating the process of the evolving global warming issue is to reduce the GHG (greenhouse gas) emissions released in to the environment. Global warming causes a slow increase in the temperature worldwide. The continued temperature increase will cause drastic ecological changes affecting the world. According to Mckibben from Sojourners Magazine, “Global warming isn't happening slowly, and it's not a problem (just) for the future. We've already burned enough coal and gas and oil to increase the......

Words: 1423 - Pages: 6

Alternatives

...Alternatives: In 2006, shortly before the market exit, the executive team of Wal-Mart had several alternatives to minimize financial losses and re-establish lost reputation. The first option for them was to create joint venture agreements with German retail chains. These agreements would help the corporation to reduce investment risk, as local players are well aware of the German consumer’s shopping habits and preferences. Furthermore, they would allow the firm to understand the legal environment in Germany. However, there are challenges attached to this option. Collaboration can only be successful with the right local partners in terms of having similar suppliers, strategies, and operations.  The second option for Wal-Mart was to exit the German market, as it would enable company to focus its resources to profitable locations around the globe. The third option for Wal-Mart was to re-establish its presence in German markets by setting up a new company with a new name. That would allow the company to stay in the market while simultaneously fixing its reputation. To address the issues with the store layout, management should adjust to local preference by implementing the new stores in smaller units. Walmart needs to evaluate several market entry strategies before entering new market. The first option for Walmart is to create joint venture agreements with local partners as it helps them to reduce its investment risk and understand the local culture. However, there are......

Words: 532 - Pages: 3

Alternatives to Curtail Egregious Business Behavior Other Than Legislation

...Since the beginning of the last century, there has been a trend of egregious business behavior. Governments and regulators have been required to tighten guidelines and regulations to assure the protection of the public. Unfortunately, greed has proven to be too strong to resist, and they have caved in to conflicts of interests. Corporations are now facing global measures designed to expose and control bad ethics and governance practices, but this is only one side of the situation. They cannot afford the loss of reputation, revenue, reliability, and credibility. Thus, they have to make sure to contribute more to ethical behavior other than what is already established by the law. To succeed, corporations must give their employees the tools for ethical behavior. Many of them have developed codes of ethics to address their unique business situations. By developing a code of ethics, an organization makes it clear that employees and members cannot claim ignorance as a defense for unethical conduct. A professional code of ethics sets a standard for which each member of the profession can be expected to meet. The code outlines what behaviors are unacceptable and what measures are taken if an employee violates the code of conduct. Establishing an ethical standard for business conduct involves more than a written policy. The most compelling support for an ethical standard is adherence to and enforcement of that standard by those who institute it, and by those for whom it is......

Words: 455 - Pages: 2

International Business - Are Wipro’s Forays Into the International Markets with Respect to Entry Mode Etc. Right If Not What Are the Alternatives You Would Suggest

...Need Answer Sheet of this Question paper, contact aravind.banakar@gmail.com www.mbacasestudyanswers.com ARAVIND – 09901366442 – 09902787224 International Business 1. Do a SWOT analysis for Wipro in the Indian market context and discuss the appropriateness (or otherwise) of its domestic strategy. 2. Are Wipro’s forays into the international markets with respect to entry, mode, etc. right? If not, what are the alternatives you would suggest? 3. How can Wipro’s corporate strategy be kept flexible enough to adapt to increasing competition and changing realities? 4. Attempt a ‘technology road map’ for Wipro for the next five years Chart a course of strategy w.r.t. markets, which the company can adopt. 1) In what way has operations management let competitive advantage to Li & Fung? 2) How effective is Li & Fung’s value chain configuration? Ineffective? Discuss. 1) Is gross domestic product per capita a useful indicator of International competitiveness in the EU? 2) Is it fair to point the blame for the EU’s poor international competitiveness at inflexible labor markets, regulated goods and services markets, and a general lack of competition? What alternative explanations might be suggested? 3) What appears to be the problem with the EU’s banking sector? 4) Is the number of patents registered a useful indicator of superior International competitiveness? Why do you think the USA does well in this area? 5) Should......

Words: 363 - Pages: 2

Alternative Fuels

...1. Internship with BIOCOM for Summer 2012 This summer I will be interning with the BIOCOM agency which is a leader in the alternative biofuels industry. The BIOCOM Institute was created to support science education and help provide opportunities for students, teachers, and scientists to work together within the life science industry. The mission of the BIOCOM Institute is to serve as a bridge between university students and life science companies to create a wide-range of education initiatives that advance scientific learning. The Institute has been successful at partnering with key agencies, life science companies, and areas of learning to encourage change through network collaboration and outreach programs. These communities have come together to create innovative solutions for meeting local and state science education and workforce needs. The BIOCOM Institute helps to ensure a prosperous and productive future for the life science industry. Through the Economic Development for a Green Economy (EDGE) initiative I will be able to work with San Diego based companies that are in the alternative biofuel industry. The EDGE Initiative will provide me with the education, training and placement services in the growing biofuels/ biotechnology industry I need to get myself ready for graduate school. This will allow me to see the inner working of this fast growing industry and what it takes to be an industry leader in this new and emerging field. This will also help me to better......

Words: 1236 - Pages: 5