Monday, May 20, 2013

Young Entrepreneur Network - Wednesday

YEN meets every Wednesday 8:15 to 10:15pm at ABSNA. People of like-mindedness come together and learn from one another on various topics from what business to do to problems they face in their existing business. The power of network has made millions of businessmen become successful in what they do. Come and ......



Most people would like to venture into business but do not know how to. More than 99% of them tend to start their businesses in industries that are in the top 1% of the highest failure-rate for business. The success rate of businesses in developed countries is less than 0.1%.

Why loose all your life savings and get into debts of hundred thousands of dollars if you can learn from others? The smart businessman learns as much as he can from the people he networks with and builds upon what he has learnt to increase his chances of success. If you are thinking of starting your own business or if you are currently operating a small business, come and join CEOD YEN Network.

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Tips

Everyone should start networking as soon as possible.

Networking is an ability that employs and hones research and communication skills. It is a powerful tool to discover opportunities for both work and personal ventures. Through networking sessions, you get to meet a wide range of personnel from various industries eager to explore possibilities and solutions beneficial to both parties.

Networking has been proven to be a key factor of entrepreneurial success. However, to maximize the full potential of this tool, one needs to be discerning in his/her selection of networking sessions. Attend sessions you deem most advantageous to your cause, thereby, reducing time wastage in moot opportunities. Alternatively, to further ensure effective networking, you can create your own networking groups and regulate the personnel attending.

Another critical determinant an aspiring entrepreneur has to take into consideration during networking sessions is to ascertain the risks involved in proposed ventures. Do not jump into any without adequate research. Doing your homework will equip you better in making informed decisions. In time, you will also realize that high-risk businesses do not necessarily guarantee high returns. Sometimes, a low-risk venture can generate high returns.

Successful businesses often rely on strong networking abilities. Mastering the skill early will, more often than not, increase your chances of making it good in business. With CEOD, you have a learning platform to seek partners, ask questions and maximize your potential as an individual or/and as a company.

Start networking today.