Are non Fortune 500 Companies Important?
September 30, 2009 by Chris
Filed under Leadership Skills
This may sound like a very weirdo question but I have specially got this point forward today so that you can expect the unexpected, still confused, well, you will get your minds clear as you read on. We are talking about the importance of not so fortune 500 companies that are not making any billion dollars today but tomorrow probably they may rake in good money. Talking about any companies today means you got to be talking about the biggest companies in the US, the fortune 500 – as they call it. These companies are not only just making billions of dollars per year but are raking in good sales each year with increase in the profitable revenue.
The not so fortunate companies are the small companies, they may sound un attractive because of their low revenues, say some of them might not be even earning a million dollar per year but in actual terms, these are the most attractive of all let gets into a brief discussion as to why you shouldn’t be following the fortune 500s!
- Big company, big talks but hell lots of time and money – the bigger the company, the bigger the managerial levels. If you are thinking your deal would be passed just meeting one official, it’s not the end. There may be even more official to talk to and you will never know the person you are meeting is going to take the decision.
- Apart from the costs of presentations, you will have to spend a lot of money if you are meeting the official outside office premises for wining and dining purposes. And if do get in to any deal with the company; the legal fees would be much higher than your expectations.
- Lots of people think, if they are in some way making a deal with a billion dollar company than they are going to make good money, this is a misconception; in fact, the money from the project might go to some other fortune 500 companies. Your company has a small contract so you will get a smaller portion of money.
- Bigger companies often have lots of pending bills, their processing is really slow and more the number of days they keep the money, they will get good amount of interest especially when their balance is running in to some billion dollars.
Its natural for any one to get attracted towards big companies and big deals but it nearly will consume whole of your time, investment and resources, with the same amount of money, investment and resource you can strike a much bigger deal with a good profit sharing ratio with not so fortune 500 companies, read ahead to know more:
- Small company, small talks but big money – the smaller companies run faster because of decrease in the managerial levels and by the time you keep waiting for project to start on with bigger companies, you could already be starting the second business venture with the smaller companies. Small companies might not have big budgets but you get good earnings for your services.

- You can use normal means to contact them rather than spending on putting advertisements in newspapers or magazines, you can save lots of money by not gathering a huge sales force, which you have to do in bigger companies.
- Even if the economy is in recession, your deal wont be affected. The smaller the company, the smaller the investment and small investments are not affected by changes in the economical cycle.
- Small companies have smaller valuation periods and hence quicker results. The bigger companies don’t take risks easily they try the project for few months before taking any major decisions, so evaluation period is more and so you will have to keep spending money for presentation, services, resources, etc.

- The larger the companies, the larger the competition and bigger companies face competition from multinationals so its very crucial for company to stand in the competition. Smaller companies hardly have any competitors so everything is easy going.
Big companies are big companies, nothing can match the high feeling of being on cloud nine, working with fortune 500 companies but it has its own pros and cons and after reading the above points, I guess, you would have got some idea as to what goes in to striking a deal or just a single meeting with officials from big companies. Start working with smaller companies and earn good money, one day you might be surprised to see big companies wanting you as their partners.
How To Make Customers Buy Instantly?
All businesses revolve round just one common thing, one common aim that is to SELL – NO MATTER WHAT? If you are new to the business you might be just simply excited about the idea of setting up your own business unit but as time moves on you will understand the deeper perspective of what it takes to run a full fledged successful business unit. Big companies spend billions of dollars every year to advertise and market their products, are they crazy? Of course not, for the amount of profits they would be making from products sale would be much more than they actually spend in advertisements. We browse internet for any small thing we get confused about, if you want to buy groceries you order online, you want to play games – there are free games available, and so many different things you can do like networking, blogging, people find information on internet relating to studies, projects, research, etc. we log on because its free, there is not much amount of money we spend to get an internet connection.
Selling is part and parcel of any business and I often wonder how people market their products through online networking and blogging. Blogging is getting popular these days because it has become one platform for anyone to speak whether its good or bad, companies blog about their products while customers blog about their experiences, it helps to bond with each other and companies can understand their client needs more properly. It’s all in a talent of written words that people pull out their credit cards and buy products online. Today we are going to learn a few tips that will help you market your products on Internet more deliberately, use your spoken words as sword which will break the barrier and people will start buying your products.
The first and foremost things about blogging, is that you need to fully know about the product features, its uses and how better it is than rest of the products in markets. Don’t try to sell what you really don’t know about – I often keep giving this advice to young entrepreneurs, they want all the success in one day by putting forward everything they see but this doesn’t work if you want a real success in longer run. Sell only the things you know about and are confident about. Get your people interested in your products through sheer product selling and also if you rake up an agreement with similar type of company you can well get their customer’s list which will be beneficial to you. You know your customers and can target them.

Make a team of affiliates which will work for you, through this you can save loads of your valuable time and putting it in good use to do more product and market research. Don’t be very finicky about asking your customers the credit card numbers the very first time, let them browse the whole website, talk to your representatives, do proper product analyses and then decide on buying. The number of times the customer logs in your site will well let you know whether he is going to go for your product or no, so there are 99% chances, you can win their hearts by talking to them or giving them free offers.
Your website profile’s content and the way you write your product’s information is very important as this is the only one chance you can tell your buyers about the product and make their decisions firm in to buying your product. Your written words, are all it takes to take a yes or a no from your potential customers so make sure to know properly what you are writing. You don’t need to beg them in your writing but use words that will encourage them to use and buy your product, you can create the bond with the customer by talking a little about personal stuff that may ensure them to believe what you are saying and there are more chances that they might go for your product.

Internet has become a platform, where you can get free information for everything and anything you wish to get on planet earth. When you provide free information over your network to your readers and pay attention to their comments or suggestions they give, it will create a lasting bond. Writing kind words to let them know they are important also has its share in making them buy your product. In no way you should be forcing them to buy the product out of compulsion only because you want to complete your sales targets.
Letting your customers buy your products doesn’t come instantly, it’s a gradual process, let your customers become your loyal readers first and take them in to confidence and let them know about your important company policies, give them the best of products you can with good amount of services.
How To Become Rich Doing Business
September 14, 2009 by Chris
Filed under Leadership Skills
“Living Life King Size”, is a dream for many, but not all can fulfill their desires in this traumatic world of cheats, hooligans, burglars and spoilt brats. Of course, it’s the fact that some people become filthy rich by doing the above of activities but earning money hard way and then enjoying the pleasures of life is an altogether a different prideful thing in anyone’s life. Today, majority of big business houses have their own profiles over the Internet earning billions of dollars per year, what makes it to be the top earners in the industry? What does one do to become like their idol? These are some of the questions that keep craving in majority of us, given the fact that we know ourselves how to do it, no one actually takes the steps to make their dreams come true. It’s the confidence, will power, taking high risk, resources and above all the person’s capabilities that decide whether s/he would be a game.
Starting a business on your own and that too running it successfully is not a joke, thinking over the ways logically to attract audience is all it takes to make it big. Many businesses fail due to the lack of enthusiasm and willingness to strive harder to achieve the targets. Internet business doesn’t require much manpower but it surely requires good brains, which if put together can lead to a great success. Just having your site over the Internet is not going to gain any thing; you have to pull in experts from SEO field, web designing team, the representative for the site and many other such professional services. With just a little success at hands you cannot be rich over night, building power money takes time and it will happen once it has reached the top position of all the efforts put in from the start. Some times I see people arranging the money by selling their properties or assets, do that only when you are very sure of the outcome if your plan is not disaster proof then you are going to suffer hard way so its best to start from small and then go on to build a bigger enterprise by the profits you earn.
Some people sell their properties or assets or even their ambitious websites out of compulsion, I only realized that

selling websites is a good deal once the blogging business started earning profits, you don’t even have to let go off your valuable assets instead build a good blogs network, attract crowd and sell it off to third party to the price as per its popularity. Once I got hand of this sort of business, there were few of my projects in line, which I developed and sold off and those websites are really doing well. You get well paid on Internet for the brains you are running and not the number of websites or blogs you have, people get attracted towards ventures which are money yielding and not money spending.
Internet has opened lots of scope for people in the field which were totally unawares all these years, there are content writers, proof readers, grammar experts, specialist in English diction, SEO masters, web designers – the people in such fields were not asked about but today they are in great demand and command respect from the people they are working for if you belong to any of these field then you surely got to make it big in coming years. And one day you might never know, I would be commenting on your blogs network, internet permits only few people to get over it and make money and you are the selected one, go for it and make the maximum you can from this vast opportunity knocking your door!











