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entrepreneurship

JIFU’s Business Building Tips

By JIFU Success No Comments

JIFU wants YOU to build your business and grow your entrepreneurial skills, so we gathered some basic tips and ideas to help kickstart your upward trajectory. For more, visit jifu.com.

 

Provide Value

Every businessman should know what value their idea or company brings to the market. Another huge piece of the puzzle is educating potential consumers on that provided value. You can do this through internal education and external marketing.         

 Invest Time

Most people know the importance of investing money, but what about time? Time is one of our most important and valuable assets. Be sure to invest your time in the things and people who will offer a good return.    

Strive to be educated 

It is important to work with other professionals, your team, and leaders in your industry to continue bettering yourself. By staying up to date on the newest technologies and movements nonmatter how long you’ve been in the industry, you will always be in the know. 

Prepare for obstacles 

Even the best and brightest business people run into roadblocks along the way. The ones who make it through the hard times are the entrepreneurs who prepare for it before it comes. Obstacles are inevitable, but preparation is necessary for any market. 

Seek new perspectives

It can be easy to be stuck in a consensus bias feedback loop. This happens when the only people you are receiving feedback from are people who think and act as you do. By seeking new perspectives, your business will become more resilient. 

 

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Encouraging Your Downline

By JIFU Success No Comments

A huge part of affiliate marketing is managing and encouraging your downline.

Give Recognition

Sometimes all an unmotivated worker or salesman needs is recognition for their hard work. As a leader, your job is to congratulate the best on your team for exceptional contributions in return on investment. This serves two purposes. The person who receives recognition will be more likely to continue their desirable actions. Additionally, team members who are not performing well may start modeling themselves after the best among them. Recognition creates motivation that sometimes lacks from even the best downline.

Develop a Management Style

As a leader of your team, everyone will be looking to you for information and inspiration. As such, you must master the art of management. Curate your own management style, perhaps by modeling it after a leader who you admire. This will allow you to be a reliable resource for the members of your downline. It is easy to get discouraged when you feel ill-managed, eventually leading to a decrease in productivity.

Increase Communication

Staying in touch with your downline will help your bottom line in the end. Brushing up on your communication skills will make you a more effective leader and salesman. Being able to convey your message clearly to your team is key to activating your team into success. Along with this, any good marketer has to continually update their communication skills to keep up with the changing communication channels.

Keep Focus

While the most motivated on your team will likely remain focused, this is not always the case with the average person. It can seem like boredom and loss of interest is nearly inevitable, especially if someone thinks that their plans are not working out the way they intended them to. It is your responsibility to do your best to make sure that this does not happen. By keeping connected with your downline, you can get ahead of these sorts of issues.

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These are only a few tips to help you motivate and encourage your downline. It is also important to realize, however, that sometimes certain people are not cut out for the hard but rewarding life of an entrepreneur. It takes a strong leader to cultivate a team of people who are as work-oriented as you are!