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[C411]Characteristics Of Successful Entrepreneur
by Munish Rathee, Mun


Based on the training and consulting I have done with practitioners across North America and the United Kingdom, I have identified the following three characteristics of successful Leading Practitioners.
•Sturdy visibility and reliability amid high influence referral sources
•Web sites that are client centered, easily navigate able, and highly noticeable on the internet
•Have a status for creating a better client experience.
How do you boost your visibility and credibility amongst referral sources so everyone who spends time in front of your target market can confidently and efficiently speak about you and your proficiency?
You do this by making sure referral sources know who you are and what your expertise is. This requires that you have a distinctive value proposition and have recognized who the high influence referral sources are. Once you have your memo and know your top referral sources, your next step is to communicate your message to referral sources that could benefit from knowing about your proficiency and service.
Your objective is to have referral sources know enough about you and your expertise so they can easily and confidently say to potential clients, "Let me give you the name of a specialist who can help you ....
The following are three action steps you can take to increase your visibility and credibility among high influence referral sources:
•Conclude your message: Provide transparency about what you do, who you do it for, the value you offer, and how you distinguish your services.
•Explain your target market: Know the individuality of your best clients and referral sources so you have matched your core strengths and values with those of an alert market.
•Spend time with quality referral sources who are consistently in front of your target market:
1.Set up 2-3 purposeful lunches a week - learn about referral sources' key goals and tell them your core message.
2.Stay in touch with referral sources by sending articles of interest.
3.Invite referral resources to events and trainings.
4.Send letters of introduction about your services; include your brochure or a brochure on collaborative practice.
5.Contact your clients' providers ( i.e., if you are a lawyer, contact clients' mental health professional and let him/her know about Collaborative Practice)
6.Congratulate referral sources who are in the news.
7.Set up interviews to study about referral sources' practice so you can develop your own professional network and refer your clients to the best professionals in your community.
8.Help your referral sources to be successful - bring as much value as you can to your referral sources.
By spending the time identifying who your best referral sources are and then consistently doing the activities to strengthen those dealings, you will see a boost in class referrals and you will pull towards you advantageous clients who are a good fit for your services and expertise. The end result is more control over building a practice that you take pleasure in and brings important value to your clients.



There are many advantages to working online from your home: time with your family, a flexible schedule that allows you to be there for your children and spouse when they need you, as well as enormous savings in terms of commuting and daycare.

Any Internet business opportunity worth pursuing should have the following seven characteristics: Ignore these at your own peril.

1. Genuine/lawful. If you are to consider a business opportunity, it must be legitimate and legal. There are many purported business opportunities online that are neither. When evaluating an offer, the best course of action is to consult the State Attorney General and the Better Business Bureau.

2. Proven. While publications concerning some type of new fad may make the related business opportunity look golden, you should stay clear of uncharted waters. If other people are successful in that line of business, it is evidence that success can be had. If it is a completely new type of business and nobody is yet successful with it, how do you know that success is even attainable?

3. High demand. In order to achieve optimal success, every market opportunity which you contemplate ought to be highly desired. Regardless of the goods or services being offered, your chances of succeeding will be enhanced if the goods or services are very desired in the market.

4. Low initial start-up costs. Businesses are inherently risky. Your risk grows with the start up costs. Unless you are an experienced business person, avoid business opportunities with high start up costs. If your start up costs are under $1,000 and the business doesn't succeed, it would be far less of a financial loss than if the start up costs were in excess of $250,000 and the business doesn't succeed.

5. The time to reach profitability is minimal. It feels like it is to time consuming especially when it comes to business. This will likely include the time that is required to develop your business to the point that it is earning a profit. Your chances of success will be greater if you choose a business opportunity that has the potential to become profitable quickly.

6. Potentially long-lasting. Do Cabbage-Patch Dolls and Beanie-Babies sound familiar to you? While it might be possible to make some quick cash by jumping on the latest fad, business is hard work. Choose a business opportunity that you reasonably believe will still offer excellent potential 29 years from now. It would be tragic to spend a year or more building your business on a fad only to have the fad wither away just as your business is becoming profitable.

7. Opportunity for scaled growth. People who start small businesses generally have a dream of freedom from monetary and time pressures. In order for your business opportunity to provide you with the freedom that you seek, it will be necessary to grow your business. Employees will have to be hired. A manager should be brought on board at some point in time. The longer term goal is a well-run business that requires little, if any, of your time, hired employees take care of and manage every aspect of your business. If you really want freedom as a business owner, the venture that you choose must be capable of expansion to a larger scale project.
Article Source : Free Legal Advice On Line

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Both Munish Rathee & Jennifer Stromsteen are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Munish Rathee has sinced written about articles on various topics from Legal Matters, Computers and The Internet and Site Promotion. Munish Rathee working for Ferris consulting, the site provides consultancy for .. Munish Rathee's top article generates over 5400 views. to your Favourites.

Jennifer Stromsteen has sinced written about articles on various topics from Real Estate, Brain and Anger Control. J Stromsteen has many years expertise in the finance, real estate, insurance, and home business industries. She contributes to the website
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