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Thursday, 20 August, 2009#

The Fundamentals of Networking – Do Your Homework

Many of my readers of Gems are networkers. It is the life we live and breathe. So, I think it appropriate to spend some time talking about the principles of networking. I want to go back to basics and discuss what makes us successful in the beginning of this business. Self-development and character building is important, but in the business of network marketing, you also need to have the skills of a networker. I mean, just because someone is a good person doesn’t make them a good driver of a car. The same applies to networking.

In the next few Gems, I would like to address three basic areas of networking: Prospecting, Inviting, and Presenting. But before we get into any of that, you need to do your homework first.

I think of a network marketing company as a cake with many pieces. If I don’t like one of the pieces, I would not join that particular company.  These ‘pieces of cake’ include considerations such the wider direct selling industry, the company’s background, the network, the corporate management, the compensation plan, and the products.

Make sure you know about the industry, and the difference between pyramiding and legitimate networking. Make sure you know the company you will represent. A good network marketing or direct selling company must have a good, strong sales force or marketing team in terms of the actual network, and the corporate management must be intact and effective. There needs to be that balance. Also, immerse yourself in the compensation plan to ensure it is structured for longevity. If a company has no limits to its payouts, then you know the company won’t last.

Be sure you actually try the products. If you are promoting the products of a company, it is hypocritical and ineffective to promote something you have never used, or a product that you don’t even like. Another consideration is to find out what type of training and support the company offers. This is an important factor in your growth as a networker.

Before you even think about your prospect list or earning potential, make sure you have done this basic background research and that you have taken the time to understand the industry, the company, the compensation plan, and the products. As your life as a networker develops, you will be very thankful that you did.

Sincerely,

Joseph Bismark

Group Managing Director, QI Ltd

Interesting story? How about sharing?
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Thursday, August 20, 2009 7:41:28 AM UTC #    Comments [1]  |  Trackback

 

Friday, August 28, 2009 5:17:16 AM UTC
Hari Om,
When i first saw Quest opportunity in Jan 2005, i knew it then that this was the only opportunity in which i will be able to achieve my dreams. I fell in love with the numismatic product, the company and its mission RYTHM. It touched my heart , and today i am networking since 4 years. I never knew what was networking until i came accross Quest. Earning money was one of the aspects , but as i underwent training i realised the importance of vision and dreams in life. I realised the importane of helping people in life.. I remember seeing your training CD on emptying our minds and doing it as beginner. Today is the time that in this challenging moments in India , I have been closely keeping my beautiful team together because we all believe in Quest and we are with Quest.. Networking has bounded us all and we are a family today. As i always repeat here to all- " Quest is my Mother , she has nurtured me spiritually and financially , i will never leave her .."
Regards and Prayers,
Mamta Chhabria
The Visionaries - India
MAMTA CHHABRIA
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QuestNet Mr Joseph Bismark

Profile

When Joseph 'Japadas' Bismark became the Group Managing Director of multimillion-dollar global conglomerate QI Group of Companies in December 2008, the face of the organisation that he co-founded a decade ago began to change immediately. His role of Executive Chairman of QI Group's subsidiary QuestNet also took on new life.

Even as Mr Bismark took over the mantle from his partner, he had already established a firm channel of communication with employees of the organisation and thousands of entrepreneurial aspirants through his popular Gem of Wisdom (GOW) series.

A firm believer in the power of teamwork, he has repeatedly stated, "I am only as good as my team".

A man of immense spiritual character and inspiration to his family, friends and business partners worldwide, Mr Bismark's leadership style is as unique as the man himself. His views and actions serve as a constant reminder that success is not just built on material achievements, but also on spiritual growth, inner satisfaction and peace, which we acquire through meaningful service to others. His musings on this Gems of Wisdom blog help ensure that employees and customers of the company never lose focus of the fundamental values on which the QI Group was built.


What are the Gems of Wisdom?

"Welcome to the blog of the Gem of Wisdom (GOW) series. This is the place where I am able to share my thoughts and reflections on life with all of you. My treasured employees within the QI Group have long been privy to these Gems through an internal QuestNet company email I send out a few times a week, as well as through the QI Group intranet. As many of the email and intranet's readers have shared the GOW with their friends and associates outside of the company, I have had more and more requests to make my little Gems available to a wider audience.

It seems there are many people out there who want to take a more proactive approach in analysing the world around them and their place within that world, both literally and spiritually. And so, here I am, entering the online universe in a humble attempt to spread a bit of what my own life experiences have taught me through these Gems of Wisdom. I hope you enjoy reading them as much as I enjoy writing them; such is the joy of sharing. Please join me in not only sharing my thoughts, but in sharing your own thoughts, comments, feedback, and even your own Gems of Wisdom, with me."

-- Joseph Bismark

Gems for All

True to that philosophy, Mr Bismark has empowered his team to give a voice to the changes they seek, helping him to lead the organisation into a new decade of excellence. Gems of Wisdom is that voice through which even the most junior employees of the group are able to take part in the evolution of the company and share their personal thoughts. By turning his Gem of Wisdom series into the Gems of Wisdom blog, Mr Bismark has opened that channel to everyone.















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