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Level from a High Level Network

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Lessons from a high level network

Reasons why Building a network is the HIGHEST VALUE SKILL you can develop.

By Douglas Vermeeren, The Modern Day Napoleon Hill

Douglas Vermeeren - Modern Day Napoleon HIll

Why is the most valuable skill you can generate? It will be the one that opens the most doors of opportunity, gives you the most benefit and support and naturally creates the most income. Over the years I have been able to study more than 400 of the worlds top achievers much like what Napoleon Hill had done to write the landmark book Think and Grow Rich. While engaged in this research there were two powerful things that occurred. One of these things was an observation and the other was a result.

The observation was that EVERY single top achiever that I met with attained their success because of who they surrounded themselves with. The old adage Your Network equals your Net Work is unquestionably true. Associations at high level opened up opportunities not available to the general public. High level networks gave access to support, systems, clients and more high level introductions. Without a powerful network you are limited to your personal efforts and your connections are limited.

Nearly all results in life come through our interactions with others. If you have a low level of network you will have a low level of results.

The results I experienced were first hand success and wealth. Obviously success is not a destination but an ongoing series of experiences. As I began to level up my connections my results have continued to rise. Those that entered my network helped me, mentored me, opened my eyes to possibilities I had never experienced or considered. My network literally taught me what success could look like. Perspective is a powerful thing and generally eh result of who you spend the most time with. We are all teaching and influencing each other. If you surrounding yourself with inadequate teachers and influences you will live far below your potential. 

Below are some of the most important lessons I have learned from having a high level network. 

The #1 Habit and skill of the rich is high level networking.

Your network determines your net worth. But first you must decide what is of worth to you and what you value most.

Networking is not about simply making a sale it is about creating relationships that make selling easier.

Your network is a safety net that allows you to solve bigger problems.

Your network will determine your quality of life more than any other factor.

All wealth comes from your ability o connect with other people. 

Social capital is the most important asset a company or individual can build in todays marketplace.

Your highest value skill will be your ability to connect with people who can help you get what you want.

Access is the most highly sought after opportunity today.

Your rolodex is your greatest asset.

It is better to have 100 friends than 1000 rubles. Russian Proverb

We become the combination of the 5 people we spend the most time with.

We rise to the level of the things we allow to influence us.

The people you have in your network determine the opportunities that you have access to.

People help their friends most.

It’s not what you know, it’s who you know.

Everything you want is only a relationship away.

The pre-internet concept of six degrees of separation is now obsolete. You are now closer to everyone you want to connect with than every before.

All high level success is created by a team, not an individual.

How well are you known in the network that matters.

True networking is rarely done. It’s not about exchanging business cards or meeting for coffee. It is creating synergistic long term connections that create powerful outcomes for all involved.

The highest connections  come because what you are doing has meaning.

Curiosity is at the foundation of connection.

If you are the smartest person in the room you are in the wrong room.

Business success is a CONTACT sport.

Connection is a result of shared emotional experiences. Nothing bonds better.

A circle of influence is never created by accident.

Good networks don’t build themselves.

You’ll never do a $1 Million dollar deal at a $10 breakfast.

Be so on-purpose that people want you in their network.

Decide in advance what you want from your connections.

Networking is rarely about attending a networking event.

First impressions can determine your final outcomes.

Your Highest Value Skill is NOT sales

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Your Highest Value Skill is NOT Sales.

Some business gurus are telling people that they need to develop their Highest Value or most valuable skills.That part is right! You need to focus on the skill that will give you the highest return on your efforts.

What they got wrong is that they are teaching that it is sales. Sales is important, but its not the first step.

Your network is. You can’t sell unless you have someone to sell to. And the level of your network will determine the level of the people who you get to sell to. Lastly I would also suggest that sales is not the most valuable thing your network could offer you either. You will find that networking to sell is the weakest kind of networking. Instead network to find more valuable things. Most of the time in life and business your highest value skills and assets are things that will give you long term returns not a short term sale or commission.

Here are 4 to think about:

1) Support and resources 

Who in your network can help yu with the things you need to grow your business. This can be education and mentorship, financial support, help implementing systems or even introductions to other people. There is truth to the russian proverb which states, “It is better to have a 100 friends than 1000 rubles.”

2)Opportunities 

Most of the big opportunities in my life have come through other people. Some of these opportunities have been to attend or speak at big events, become involved in excellent investment opportunities or attend high level events or meet celebrities. Recently one of my contacts in the UK invited me to have tea at Kensington Palace with the Royals and attend ASCOT. Your best opportunities in life will come through those you know.

3)Team members or business systems

At high level networking events it is not uncommon to meet people with specialized skillset who are very successful at what they do. These opportunities are fantastic occasions to find people, services or systems that you can use to strengthen your own business.

4) Customers (but not in the way you think) 

Low level networkers look for single individual customers — you need to look for people to collaborate with that have large groups of your customers.)

Again sales is an important skill, but it isn’t the one that will create the most wealth or success for you. The skill you need to develop is your ability to build a higher level network.

Hope this is helpful.

#douglasvermeeren #highestvalueskill #1businessskill #topbusinessskill #entrepreneurofinfluence #moderndaynapoleonhill #businessnetworking #networking #networkingtips

Something you need to know

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Too often people want short cuts. They want their success to be recognized and rewarded immediately. What they fail to understand is that faking it until you make it always gets found out and it actually prevents your success rather than creates it. People know when you’re faking it. When you do the work in private before you proclaim your proficiency you are respected and rewarded. Those who matter most to your success immediately recognize those who have done the work to be qualified. And while a good marketer may have temporary success they never have the staying power that a true business or individual of value possess. #douglasvermeeren #entrepreneurofinfluence #privatepreparation#prepare #power #success #fakeit #fakerich #businesscoach

Does your Business Coach Suck? – Entrepreneur of Influence, Douglas Vermeeren

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Does your business coach suck? Entrepreneur of Influence

By Douglas Vermeeren

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It seems that everywhere you look someone is calling themselves a coach or consultant. But with so many choices how do I know who can best help my business? Before you ask a business coach or consultant if they can help you it’s important to understand who you really are.

Let me share what I mean: I don’t help business owners. I help entrepreneurs. Most business owners don’t know the difference and so therefore they are getting the wrong people helping them.  Many entrepreneurs don’t know the difference either and that’s why they are upset when they have an experience with a business. Business coaches can’t help entrepreneurs.

The real challenge is that traditional business is not the same as entrepreneurship. Let’s share some differences: (Neither of these are in any particular order)

Traditional Businesses

  • Typically use traditional methods to generate business
  • Typical set up as a brick & Mortar location
  • Are biased towards real world connections, marketing and relationships versus online
  • Often have employees
  • They often have restrictive business rules
  • Often there is higher regulation
  • Higher bar and cost of entry
  • Slower to change and adapt
  • Focused on long term strategy and wealth development
  • They often provide or create the asset or service they sell themselves
  • They are held back by geographical boundaries
  • Their growth is measured through structure (ie. Number of locations or number of staff)
  • Organization and structure is the fundamental skill
  • They operate according to business hours
  • Most are not concerned about their passion and purpose during business hours
  • They do their best efforts in marketing (typically a shotgun approach and within their community)
  • Generally maintains normal business hours
  • As a business owner they are more of an operator than an entrepreneur
  • Customers found through traditional marketing, direct mail, in-person networking, sharing of business cards
  • Often tries to develop alone
  • Learning is to keep pace with marketplace (Versus an entrepreneur who learns to set the pace)
  • Most businesses are concerned about a local or regional market

 

Even just by looking at some of the things above you can imagine what most business coaches are equipped to teach you. They are fantastic and effective at sharing strategies and systems that thrive under these circumstances.

Let’s take moment to look at the entrepreneur.

Modern Entrepreneurs

  • Fast and skinny (what I mean by this is that they are Fast: flexible and can make things happen much faster than tradition business. Skinny: They don’t have a high overhead of cost and they can shift fast without a lot of retooling or effort.)
  • They typical use technology in more effective ways
  • They have fewer rules that are more flexible
  • Often there is less regulation
  • Lower bar of entry
  • More adaptable to ideas and change
  • Able to take advantage of shorter term payoffs
  • Does not have normal business hours
  • Marketing is directly focused and little is wasted
  • Understands the power of systems and delegation
  • Mobile
  • Entrepreneurs understand the importance of virtual assistances, remote teams, work for hire or creative employment agreements
  • Entrepreneurs understand how to create Joint Ventures, Affiliate partners and strategic alliances
  • Growth through systems rather than structure
  • Sales is an essential skill (versus business where if you take out a big enough ad in the yellow pages or elsewhere people may come to your location -sales skills secondary)
  • Entrepreneurs understand the power of attraction marketing and influence selling
  • Entrepreneurs thrive on their passion and purpose daily
  • Most entrepreneurs don’t have business cards (they use social media)
  • Vision led
  • Very connected to other entrepreneurs (more likely to connect to peers for support, advice or learning)
  • Seeking out and engaging in trends
  • Entrepreneurs understand the power of positioning and influence
  • Entrepreneurs seek a global reach and are minimally concerned about local or regional markets
  • Entrepreneurs understand the power of collaboration
  • Entrepreneurs understand the power of leverage
  • Entrepreneurs understand the importance of community
  • Entrepreneurs define scaling and grow by the number of transactions they create not by the size of their structure

A simple glance over these two lists reveals several important differences between an entrepreneur and a traditional business owner.

As stated earlier most business coaches int he marketplace today are wonderful at supporting people in the traditional business model. They understand, often through their own experience how business unfolds. The big challenge with this however is that they expect your business to unfold in the same way.

Traditional businesses are barely sustainable in the current marketplace, but they do not thrive. Traditional business in todays marketplace are always in a constant uphill battle for marketshare against those who are operating by the entrepreneur rules.

Before you choose someone to mentor, coach or consult your business it is essential you understand where they would like to take you.  A recent survey conducted by Entrepreneur Magazine revealed that a staggering 87.8% of business coaches in the marketplace were teaching and sharing outdated strategies and were able to produce only marginal growth. The same research also determined that many business programs offered through schools and universities performed only slightly better at 71.2%.

The programs that utilizes the support of other entrepreneurs and peer learning had a success rate that generated significant positive outcomes in relation to the investment required. Moral of the story: Make sure you know what support your re actually seeking and then confirm that the one seeking to help you is qualify to do so.

1*deEsgUdkRbHpNp3HDEWwAAOver the last two decades Douglas Vermeeren has conducted extensive first hand research into the lives of the worlds top achievers. He has the success strategies of top business leaders from Nike, Reebok, Fruit of the Loom, FedEx, KFC, United Airlines, Microsoft, Disney and others to share with you. ABC television and FOX Business refer to him as the modern Day Napoleon Hill.  He has authored 3 books in the Guerrilla marketing series and is the CEO of Entrepreneur of Influence . He is a regular featured expert on FOX, CNN, ABC, NBC, CTV, CBC, The Huffington Post, NY Daily News and others.

Entrepreneur of Influence – Business Success tip #3. – Douglas Vermeeren

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You’ve heard that you earn to the level you learn. While this is true it’s incomplete. Not only are you required to learn, but you must implement and grow. You must become better than you’ve ever been before in order to receive benefits that you’ve never experienced.

One of the most powerful things that you must become is a master delegator. This principle multiplies your ability to expand. You must learn to learn from others and also use their talents, skillsets, knowledge, networks and resources. The strongest businesses are built by those who understand that expansion comes through collaboration and implementation.

 

 

#entrepreneurofinfluence #douglasvermeeren #entrepreneur #entrepreneurs #entrepreneurship #businesscoach #businesscoaching #1businesscoach #topbusinesscoach #businesstips #entrepreneurcoach

Entrepreneur of Influence – Business Success tip #2 – Douglas Vermeeren

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How customers feel about your brand is just as important as the product they purchase. However most entrepreneurs don’t spend a lot of time thinking about, planning and creating more powerful touch points during their interactions with others.

My challenge to you today is to take some time and think more about the touch points you create with your clients. 

Finding a Mentor – Entrepreneur of Influence

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Finding a mentor – Entrepreneur of Influence,

By Douglas Vermeeren

I frequently get the question How did I get access to more than 400 of the top business leaders and achievers? How was it that they agreed to meet with me? How was it that I was able to get them to teach at the Entrepreneur Business School?

I have indeed been blessed to have these high level leaders teahc me and my students. But it wasn’t by accident.

Most people think that you simply choose your mentors and they will happily teach you what they know. While many mentors are prepared to help they also choose who they want to help. They don’t want to give their experience and power to those who will do nothing. Or even worse to those who will create a mess. They want to be proud of the additional successes they create. Mentors look for those who they can help and be proud of. You’ve also heard that when the student is ready the teacher will appear. If you aren’t happy with the mentors who are appearing in your life you might want to take a look at how you are conducting your life.

1*deEsgUdkRbHpNp3HDEWwAACome join me on The Entrepreneur of Influence Podcast where I share more about how you can take your business ot higher levels of success in todays marketplace!

#knowthyself #lifecoachingtips #entreprenuerlife #douglasvermeeren #entreprenuerofinfluence #entreprenuer #entreprenuership #entrepreneurshipeducation #entrepreneurbusinessschool #entreprenuers