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  • Digg it UP - The Great Debate: Quality or Quantity?

    How to Remove Opposition from Your Organization
    After Solomon became king, he followed the instructions of his father, King David, to eliminate all his foes. This episode is record in 1st Kings 2:1 - 2:46 of the bible. Politically, it was an astute thing for a leader to do in order to become more powerful. He eliminated his oppositions by killing them off.Today, in some political hotspots of the world, we can still see some of them. But how about our work environment? Some work places have developed political hotspots of their own. Obviously, we cannot kill the oppositions off, but there are other subtle ways of eliminating them. In this article, I have listed down some ways managers can use to eliminating their oppositions legally. If you have more, please let me know.It's a sad thing - an insecure manager will sometimes try to eliminate his/her staffs even though the latter can be very competent, talented or even loyal employees. It does not matter whether you are really against the manager; as long as the manager thinks you are, and then you are out.Talking about losses
    ximizing the number of people in your network?

    The answer is that each person's needs are different, and the way to optimize the value of your network is to determine the necessary level of strength required to accomplish your goals, and then maximize the number of people at that level.

    For example, if you are selling investment banking or strategic consulting services, you need a high strength level for someone to buy your services. These are big-ticket items which require a high level of trust in their provider. Ideally, you have a small number of close relationships with senior executives who are in a position to buy these services. You may be tempted to try to meet everyone in your golf club, but that is both unrealistic and unproductive. Instead, develop a substantial relationship with the top thirty most relevant to you.

    However, if you are a celebrity trying to sell movie tickets, your relationships can be much weaker but your number has to be much higher. Movie stars mainly make money by selling people the chance to watch a movie for $5-$10 per view. They try to have ties with as many fans as possible.

    There is

    Top Seven Common Mistakes Found in Car Classifieds Ads
    The number of people today posting used car classifieds ads shows an upward spiral. Looking at the used car classifieds they write and guessing the amounts they spend to advertise their product (used car), one will naturally wonder how these people sell their car for a decent price. By closely following the ads, one can find more than 80% of the classified ads make one or more of the seven mistakes listed below.1. Not Describing the CarWhile writing used car classifieds, classic car classifieds or muscle car classifieds, a lot of people tend to miss out the exact model name and year of manufacture in the ad. Include such details in a positive manner and it doesn't take too many words.2. Not Leaving a Phone NumberMany people who write used car classifieds today think they can manage their used car sale with just an email address. People like to talk to potential sellers before they make a decision to buy your car. Never make a mistake by not including your phone number.3. Bragging About the Condition of the CarExperts have long debated just how big your professional network should be. Should you focus more on the quantity or quality of your relationships? The easy answer, of course, is "both." Unfortunately, though, there are only so many hours in the day. Building and maintaining relationships take time; building stronger relationships takes more time.

    Given that your time is limited, the number of your relationships and the average strength of your relationships end up being inversely proportional. The more people you know, the less well you know them. If you want to build stronger relationships, you're going to have to do so with a smaller number of people. You can spend all of your time with your close friends and family (strong ties, low number), or spread yourself thin across a wide number of people (weak ties, high number). However, maintaining both high strength and high number is physically impossible. How can you find the proper balance between strength and number?

    This debate has been exacerbated by the proliferation of social networking sites that make it feasible to have a personal "network" of several thousand people. The leaders of some of the networks have taken some strong stands on the issue:

    • Thomas Power of Ecademy says, "Go for volume over 'quality,'" arguing that there's no such thing as a quality person vs. a non-quality person. He walks the talk -- he's personally met with several thousand Ecademy members one on one.
    • At the other end of the spectrum, Mike Walsh, CEO of Leverage Software, says, "Look for quality," and encourages people to look for networking sites with features that help you evaluate whether a certain contact is worth pursuing or not.
    • And Adrian Scott of Ryze, discussing some changes in Ryze's policies and functionality, said, "We'd like to create an environment that encourages quality, rather than quantity for its own sake."
    Those absolutes are difficult to sustain in practice. For example, LinkedIn very strongly positions itself on the quality of its membership and encourages members to focus on people you've worked with before in some capacity. Their tips on who to invite say:
    • Only invite those you know well
    • Only invite those you trust
    • Only invite those you want to forward things to you
    But at the same time, the design of the site encourages people to maximize their number of connections. The more people you're directly connected to, the fewer number of degrees away you are from people, on average. With more direct connections, you can see more people, more people can see you, and you're more likely to come up at the top of searches, which by default order the results by "degrees away from you." The FAQ may encourage quality over quantity, but in practice, quantity is also rewarded. This is a fundamental tension in LinkedIn's design. What allows LinkedIn to still be a valuable application is that quantity also carries a cost: more link requests which you are likely to reject. Some of the most-connected people on LinkedIn have complained about the number of irrelevant requests they're getting. That's exactly the way the system should work; those people are paying the price for linking indiscriminately.

    Another interesting example of the value that people place on quality relationships is the new Ecademy BlackStar program: a lifetime membership, plus some exclusive coaching, introductions, and other services, all for a $4,500 one-time fee. While that might seem prohibitively expensive, apparently many see the value -- over 2,000 of Ecademy's 47,000 members have already applied. The fact that people will pay that much money is proof that people value online network systems such as Ecademy. Membership is limited to 25 new members per month, "because Thomas Power and Roger Hamilton have limited time available to serve BlackStar Life Members and wish to provide exceptional service and intimacy levels," and "to ensure quality levels, service levels, and qualification levels." While Thomas may practice the volume approach for himself, he recognizes that it's not necessarily the approach everyone wants or needs, and that building stronger relationships requires doing so with a smaller number of people.

    So, back to the original question: How do you find the right balance of strong ties with highly relevant people vs. maximizing the number of people in your network?

    The answer is that each person's needs are different, and the way to optimize the value of your network is to determine the necessary level of strength required to accomplish your goals, and then maximize the number of people at that level.

    For example, if you are selling investment banking or strategic consulting services, you need a high strength level for someone to buy your services. These are big-ticket items which require a high level of trust in their provider. Ideally, you have a small number of close relationships with senior executives who are in a position to buy these services. You may be tempted to try to meet everyone in your golf club, but that is both unrealistic and unproductive. Instead, develop a substantial relationship with the top thirty most relevant to you.

    However, if you are a celebrity trying to sell movie tickets, your relationships can be much weaker but your number has to be much higher. Movie stars mainly make money by selling people the chance to watch a movie for $5-$10 per view. They try to have ties with as many fans as possible.

    There is

    Cold Calling Openers That'll Make Prospects Practically Sit Up And Beg To Do Business With You
    Imagine your blood racing as the previously closed doors of the executive suites magically open … because you know the secret words.The words that establish trust, build your credibility as the authority, and compel the decision maker to meet with you and only you.The words that get you face-to-face, high-level meetings, trim weeks off of the sales cycle and add tens of thousands of dollars to the size of the contract. Words that repeatedly level the playing field and position you as equal to your executive-level prospects.Words That Keep Gatekeepers From Asking Annoying QuestionsLike, "Who are you?" "Don't you know, he doesn't handle that sort of thing?" and "Could you send me something in writing?"To really "get" the power of the words you gotta know that your high-level prospects are consumed with finding answers to three pressing questions:1. How to increase revenues2. How to decrease expenses.3. How to quantifiably improve communications.To grab the executives' undivided attentio
    eaders of some of the networks have taken some strong stands on the issue:
    • Thomas Power of Ecademy says, "Go for volume over 'quality,'" arguing that there's no such thing as a quality person vs. a non-quality person. He walks the talk -- he's personally met with several thousand Ecademy members one on one.
    • At the other end of the spectrum, Mike Walsh, CEO of Leverage Software, says, "Look for quality," and encourages people to look for networking sites with features that help you evaluate whether a certain contact is worth pursuing or not.
    • And Adrian Scott of Ryze, discussing some changes in Ryze's policies and functionality, said, "We'd like to create an environment that encourages quality, rather than quantity for its own sake."
    Those absolutes are difficult to sustain in practice. For example, LinkedIn very strongly positions itself on the quality of its membership and encourages members to focus on people you've worked with before in some capacity. Their tips on who to invite say:
    • Only invite those you know well
    • Only invite those you trust
    • Only invite those you want to forward things to you
    But at the same time, the design of the site encourages people to maximize their number of connections. The more people you're directly connected to, the fewer number of degrees away you are from people, on average. With more direct connections, you can see more people, more people can see you, and you're more likely to come up at the top of searches, which by default order the results by "degrees away from you." The FAQ may encourage quality over quantity, but in practice, quantity is also rewarded. This is a fundamental tension in LinkedIn's design. What allows LinkedIn to still be a valuable application is that quantity also carries a cost: more link requests which you are likely to reject. Some of the most-connected people on LinkedIn have complained about the number of irrelevant requests they're getting. That's exactly the way the system should work; those people are paying the price for linking indiscriminately.

    Another interesting example of the value that people place on quality relationships is the new Ecademy BlackStar program: a lifetime membership, plus some exclusive coaching, introductions, and other services, all for a $4,500 one-time fee. While that might seem prohibitively expensive, apparently many see the value -- over 2,000 of Ecademy's 47,000 members have already applied. The fact that people will pay that much money is proof that people value online network systems such as Ecademy. Membership is limited to 25 new members per month, "because Thomas Power and Roger Hamilton have limited time available to serve BlackStar Life Members and wish to provide exceptional service and intimacy levels," and "to ensure quality levels, service levels, and qualification levels." While Thomas may practice the volume approach for himself, he recognizes that it's not necessarily the approach everyone wants or needs, and that building stronger relationships requires doing so with a smaller number of people.

    So, back to the original question: How do you find the right balance of strong ties with highly relevant people vs. maximizing the number of people in your network?

    The answer is that each person's needs are different, and the way to optimize the value of your network is to determine the necessary level of strength required to accomplish your goals, and then maximize the number of people at that level.

    For example, if you are selling investment banking or strategic consulting services, you need a high strength level for someone to buy your services. These are big-ticket items which require a high level of trust in their provider. Ideally, you have a small number of close relationships with senior executives who are in a position to buy these services. You may be tempted to try to meet everyone in your golf club, but that is both unrealistic and unproductive. Instead, develop a substantial relationship with the top thirty most relevant to you.

    However, if you are a celebrity trying to sell movie tickets, your relationships can be much weaker but your number has to be much higher. Movie stars mainly make money by selling people the chance to watch a movie for $5-$10 per view. They try to have ties with as many fans as possible.

    There is

    Owning Your Own Craft Business - Is it Really Possible?
    How many get rich quick schemes have you seen on the Internet or advertised on late night television? Some of them sound pretty feasible, don’t they? Have you ever found yourself considering buying into one of these plans? Have you ever actually taken the plunge? If you were successful, you would not be reading this article. Even though the marketing for these schemes is genius, they are what they are, schemes. The reality is that the only way to get rich quick is to win the lottery or inherit a fortune.Yet the reason the get rich quick schemes seem so reasonable is because the argument for owning your own business is usually a good representation of how many of us feel. The commute back and forth to work, the daycare if you are a working parent or caregiver, the overtime, the corporate red tape and the boss that is less than fair or friendly. Wouldn’t it be a dream come true to own your own business and leave all that behind? I don’t know many people who haven’t at least thought about it, even if just for a minute.The reality is tha
    focus on people you've worked with before in some capacity. Their tips on who to invite say:
    • Only invite those you know well
    • Only invite those you trust
    • Only invite those you want to forward things to you
    But at the same time, the design of the site encourages people to maximize their number of connections. The more people you're directly connected to, the fewer number of degrees away you are from people, on average. With more direct connections, you can see more people, more people can see you, and you're more likely to come up at the top of searches, which by default order the results by "degrees away from you." The FAQ may encourage quality over quantity, but in practice, quantity is also rewarded. This is a fundamental tension in LinkedIn's design. What allows LinkedIn to still be a valuable application is that quantity also carries a cost: more link requests which you are likely to reject. Some of the most-connected people on LinkedIn have complained about the number of irrelevant requests they're getting. That's exactly the way the system should work; those people are paying the price for linking indiscriminately.

    Another interesting example of the value that people place on quality relationships is the new Ecademy BlackStar program: a lifetime membership, plus some exclusive coaching, introductions, and other services, all for a $4,500 one-time fee. While that might seem prohibitively expensive, apparently many see the value -- over 2,000 of Ecademy's 47,000 members have already applied. The fact that people will pay that much money is proof that people value online network systems such as Ecademy. Membership is limited to 25 new members per month, "because Thomas Power and Roger Hamilton have limited time available to serve BlackStar Life Members and wish to provide exceptional service and intimacy levels," and "to ensure quality levels, service levels, and qualification levels." While Thomas may practice the volume approach for himself, he recognizes that it's not necessarily the approach everyone wants or needs, and that building stronger relationships requires doing so with a smaller number of people.

    So, back to the original question: How do you find the right balance of strong ties with highly relevant people vs. maximizing the number of people in your network?

    The answer is that each person's needs are different, and the way to optimize the value of your network is to determine the necessary level of strength required to accomplish your goals, and then maximize the number of people at that level.

    For example, if you are selling investment banking or strategic consulting services, you need a high strength level for someone to buy your services. These are big-ticket items which require a high level of trust in their provider. Ideally, you have a small number of close relationships with senior executives who are in a position to buy these services. You may be tempted to try to meet everyone in your golf club, but that is both unrealistic and unproductive. Instead, develop a substantial relationship with the top thirty most relevant to you.

    However, if you are a celebrity trying to sell movie tickets, your relationships can be much weaker but your number has to be much higher. Movie stars mainly make money by selling people the chance to watch a movie for $5-$10 per view. They try to have ties with as many fans as possible.

    There is

    Give Yourself a Raise or Owning Your Section
    Originally the title of this article was going to be “Owning” your section – as in running it as if it were your own little restaurant. Like you I thought it might be to long and may not grab your attention. But I’m sure “Give yourself a raise” did the trick and got you here.What do the titles have in common you ask? We all want to make more money and we know the boss isn’t going to give us a raise over the measly $2.13 we already earn. So how do we give ourselves a raise?Simply by taking over ownership of the section/station we work in. That’s right taking over ownership. That doesn’t mean we have to purchase anything or put a huge capital investment on the table for the owners. What we do have to invest is some time and effort and the pride of ownership.We walk into work everyday saying “If I owned this place, things would be different.” “I would make so much more money” “I would make sure all the guests were receiving great service.” On and on we go. Well now you can “Own your own restaurant.” At the very least your own sec
    indiscriminately.

    Another interesting example of the value that people place on quality relationships is the new Ecademy BlackStar program: a lifetime membership, plus some exclusive coaching, introductions, and other services, all for a $4,500 one-time fee. While that might seem prohibitively expensive, apparently many see the value -- over 2,000 of Ecademy's 47,000 members have already applied. The fact that people will pay that much money is proof that people value online network systems such as Ecademy. Membership is limited to 25 new members per month, "because Thomas Power and Roger Hamilton have limited time available to serve BlackStar Life Members and wish to provide exceptional service and intimacy levels," and "to ensure quality levels, service levels, and qualification levels." While Thomas may practice the volume approach for himself, he recognizes that it's not necessarily the approach everyone wants or needs, and that building stronger relationships requires doing so with a smaller number of people.

    So, back to the original question: How do you find the right balance of strong ties with highly relevant people vs. maximizing the number of people in your network?

    The answer is that each person's needs are different, and the way to optimize the value of your network is to determine the necessary level of strength required to accomplish your goals, and then maximize the number of people at that level.

    For example, if you are selling investment banking or strategic consulting services, you need a high strength level for someone to buy your services. These are big-ticket items which require a high level of trust in their provider. Ideally, you have a small number of close relationships with senior executives who are in a position to buy these services. You may be tempted to try to meet everyone in your golf club, but that is both unrealistic and unproductive. Instead, develop a substantial relationship with the top thirty most relevant to you.

    However, if you are a celebrity trying to sell movie tickets, your relationships can be much weaker but your number has to be much higher. Movie stars mainly make money by selling people the chance to watch a movie for $5-$10 per view. They try to have ties with as many fans as possible.

    There is

    Extracting Real Benefits from Travel & Expense Management
    For your company to truly reap the rewards of a structured corporate travel policy, it must focus on one thing above all else: compliance. Unfortunately, while the explosion in convenient Self Booking Tools gives you a lot more freedom of choice, it also makes compliance a great deal more challenging. Any technology that supports an increase in compliance to policy has merit; it will save your company money and bring back the benefits of corporate travel.Today's diversity of choice in self booking tools makes compliance through denial of access a very difficult protocol to enforce. What you really need is a funnel through which 100% of your company's travel activity must pass. In the corporate world, the only viable funnel is the payment mechanism – getting paid is the ultimate leveler. If you use a corporate credit card as the payment mechanism, supported by a corporate expense management software solution, and suppliers who can report back to you a reasonable level of data, you stand a very good chance of supporting the compliance objecti
    ximizing the number of people in your network?

    The answer is that each person's needs are different, and the way to optimize the value of your network is to determine the necessary level of strength required to accomplish your goals, and then maximize the number of people at that level.

    For example, if you are selling investment banking or strategic consulting services, you need a high strength level for someone to buy your services. These are big-ticket items which require a high level of trust in their provider. Ideally, you have a small number of close relationships with senior executives who are in a position to buy these services. You may be tempted to try to meet everyone in your golf club, but that is both unrealistic and unproductive. Instead, develop a substantial relationship with the top thirty most relevant to you.

    However, if you are a celebrity trying to sell movie tickets, your relationships can be much weaker but your number has to be much higher. Movie stars mainly make money by selling people the chance to watch a movie for $5-$10 per view. They try to have ties with as many fans as possible.

    There is no one right solution overall; your needs will likely be different from one context to another. For example, the movie star will want to develop strong ties with producers and directors.

    Because time is the constraining factor, seek out strategies that allow you to build stronger relationships or reach more people with the same amount of effort. The effective use of technology offers several such strategies:

    Take private conversations public.
    Rather than carrying on an email conversation with just one person about a topic of mutual interest, move it to a discussion forum or mailing list, where more people can participate and offer their input, as well as benefit from your knowledge and ideas. Or cc: a few other carefully selected people to include in the conversation.

    Start a newsletter or blog, and make it personal.
    Make it possible for hundreds, or even thousands, to keep up with what's going on in your life and business. Rather than making it an impersonal article or collection of articles, make it about your personal experience, even when talking about your business. This approach is what helped Chris Pirillo grow Lockergnome to nearly a million highly loyal readers.

    Write more effective emails.
    Once you learn how, it doesn't take much longer to write a good email than a bad one.

    Master mail merge.
    As we discussed last month, the effective use of mail merge, even in small quantities, can dramatically increase your ability to keep "high touch" with a large number of people.

    Focus on quality venues.
    For example, having an article published in a major periodical is going to serve you better than being in "Joe's E-zine." It may take a bit more time to pitch it, but no longer to write it.

    Say less in more places.
    If you have time to make, say, 10 good contributions a week to discussion forums, it's probably preferable to post one message each in 10 different networks than 10 in a single group. You're helping more people, instead of becoming a boor in one location.

    Above all, respect that there is no one right approach, and that what works for you may not work well for someone else. Seek out venues where you will meet the kind of people who can support you -- and who you can support -- in achieving your professional goals, determine the strength of relationships you want with them, and gradually grow the number of people in your network at a pace that allows you to maintain the relationships you've already created.

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