Category: Entrepreneur

Trump Network Review

When I first heard Donald Trump was starting a multi-level marketing company I thought, here we go again, Donald Trump is going to prey on a bunch of simple, naive people who will buy into all the hype and probably end up getting burned. We all know Mr. Trump likes to make money, money, money, money! So, Im thinking, what is his plan with this Trump Network launch? He must be just promoting this company, or letting them use the rights to his name for a certain period of time for a big pay check, or some type of royalties. Is he really entering the MLM world??

The answer is an astounding YES. Anybody that has read all of Donald Trump’s array of books or been to an event where he was a guest speaker, then you would probably know that he has always been a big admirer of network marketing. He was actually giving a speech 5 years ago and someone in the crowd asked him what he would do if he had to start all over, and he said I would get into network marketing. Of course that brought a few chuckles from the crowd. Then do you know what he said? A few of you might be laughing, but you know what? Thats why youre down there and Im up here! True story.

Donald Trump has never been politically correct, and he has also never been someone who gets to the show late. He has made many risky moves over the years that has had people cringing down at him thinking he was crazy. But in the end most of his moves have ended up making him look like a genius. He has literally helped transcend areas of New York City with some of his risky real estate moves, arguably the most powerful city in the world.

After hearing about Mr. Trump entering the MLM industry I did a little research and found out that the Direct Selling industry is a $32 Billion industry in the U.S., over $100 Billion worldwide, and not ONE company has more than 5% market share!! Not even Amway! What does this mean? This means that there is a serious opportunity for a company to come in and take over a large portion of the market. In almost every industry there is usually a few major players who dominate the market and build barriers to entry for its competition. Theres Ford, GM, and Chrysler. Theres Nike, Adidas. Theres General Mills, theres Proctor and Gamble, theres Microsoft, Dell, Apple. I could go on and on

The one thing there has never been in the network marketing world has been a brand name. Anyone that understands true marketing understands that branding is EVERYTHING. Once you build an influential brand, bringing new products to market is a completely different game than it is for the company that does not have that brand presence. That other company must spend MUCH MORE money and time promoting their new product or service in order to have a successful launch.

I dont think anyone in the world could mobilize the network marketing industry, give it the credibility and the exposure that Donald Trump could. The MLM industry is a very competitive industry and that is the main reason why there is so much bad press out there, but when you look closely at it, all the companies in MLM have different products or services, but they all have ONE thing in common: they are promoting an opportunity to earn an income building an organization of people selling that companys particular product or service. So who better than Donald Trump to be marketing a new business opportunity that anyone can get involved in and have unlimited earning potential? When you really think about it MLM companies are selling the ability to become an entrepreneur and own your own business. And Donald Trump is a worldwide icon of Capitalism and the poster child of an Entrepreneur.

I know that Donald Trump is VERY protective of his brand so I would be willing to bet that he did some serious investigation before taking the leap into the MLM world and putting that brand at risk. According to some executives over at the Trump Network, Mr. Trump and his team looked closely at 26 companies before they chose to partner with Ideal Health and re-launch as the Trump Network. Ideal Health is a twelve year old company that specialized in one main product line for ten years: customized nutracueticals based on metabolic functional testing. They use the premier metabolic functional testing lab in the world, Metametrix Labs, based in Atlanta, GA. Yes, they are another health and wellness company, BUT they have a unique line of products that are actually priced much lower than you would be able to get them through a natural path doctor or nutritional specialist. The master plan is to launch many best of breed products over the next few years that fall into the Trump criteria of quality.

The most compelling reason however, that I believe the Trump Network will end up taking up some significant market share is because of this new Wealth Creation System they are launching in the middle of May, 2010. They have created a system that I believe will transform the network marketing industry forever. This will not be an industry where the only people that can be successful are people with a huge power of influence and/or a huge database of people to tap into. The most difficult part about this business has always been getting enough people exposed to your opportunity, and being able to invite those people to take a proper look at the business so they can make a sound decision.

Donald Trump and the Trump Network have created a system called The Wealth Creation System that will give the average person, who may not have a huge network of people to talk to about the business, the ability to get massive exposure and funnel those exposures into a professional sales funnel that gives professional presentations and plugs new marketers and customers into a training and education platform seamlessly.

The reason I know this system will work and will explode peoples’ businesses is because of one thing and one thing only: The Trump Brand. Because of this new system, getting enrolled in the Trump Network will be more like buying into a franchise, instead of rolling the dice and spending your time and energy in a typical network marketing company with no brand recognition. I own multiple franchise locations with two separate successful franchises myself, and the reason we were able to be profitable right out of the gate was because we had a strong local brand already established, so when we opened our doors people recognized our name and came in. But more importantly, when we send out direct mail pieces and do radio and TV campaigns, our potential customers open the mail, or listen to our ads, because they know who we are. This is why several mom and pops have closed their doors around me over the past 6 years. They cannot compete.

Most people that are involved in the network marketing or direct sales industry do not understand the power of branding and marketing. Even if they have been successful and have huge organizations they have built these organizations with serious dedication, hard work, and a lot of time. The reasons I have outlined above are why this company will dominate the MLM world and become a powerhouse people will build organizations in one to two years that took several years to build in other MLMs. Do you realize how much time and money has been spent on opening up different countries as these other network marketing companies have gone international? MASSIVE AMOUNTS. As the Trump Network expands into other countries, the marketing strategies will be so simple compared to other MLMs it is almost laughable. Trump is heavily branded in 18 countries and he is revered as one of the greatest entrepreneurs of all time. When this company goes international toward the end of this year GAME OVER. I just hope all the people out there who are smart and savvy, but might not quite yet understand the power of branding and marketing, dont miss out.

Entrepreneurs and innovators are the backbone of our technologies and industries. America and the world celebrate entrepreneurs daily and for good reason. If it weren’t for the entrepreneur, our world would not progress and markets would proliferate. One of the worst things that can happen to an entrepreneur who has a product or service that is experiencing rapid growth is to start outsourcing through temporary professional staffing firms. Progress and growth are great but there are times when entrepreneurs get in their own way when it comes to human resources staffing.

Entrepreneurs make some common mistakes when trying to increase staffing but do not leave it to the professionals who know HR staffing and what is required to efficiently hire temporary help to aid the entrepreneur. For one thing, entrepreneurs tend to micromanage every aspect of their business and will want to know everything concerned with the temp company. That’s fine and well but when it comes to paying for the extra time and effort involved in documenting all details, the entrepreneur finds sticker shock. It wise for the entrepreneur to step aside and let the professional do their job.

There are other mistakes the entrepreneur will makes such as have too many bosses when a singular decision by an outsourcing human resource staffing professional will make based on simple experience. Too many cooks in the kitchen, kills the souffle. Some entrepreneurs approach their temp professional agency with unrealistic timelines and budgets. The entrepreneur must understand that some HR staffing takes time to carry on background checks, proper interviews and selections.

A fatal mistake by some entrepreneurs is they dump everything in the temp agency’s lap and take off for parts unknown thinking that they can conduct it all by telephone or email. When entrepreneurs do not take the time to work closely with the temp professional firm and expects results by a certain deadline, the house of cards will collapse. But don’t blame the outsourcer. The entrepreneur must take a look in the mirror and study the reflection.

The relationship between entrepreneur and interim HR staffing firm is definitely symbiotic. Let the outsourced company take over and perform miracles by following their professional guidelines. The entrepreneur should have a hands-off policy but observe and work closely while the magic happens. Then the right personnel can be hired in a timely manner and work to move the business to success.

If you dream of seeing your dream business ideas being changed to reality then you need to invest your time and energy in an entrepreneur workshop. In an entrepreneur workshop you will be given aid to implement your business strategies. Opportunities will be created for you to start your online business.

This workshop is like an incubation cell where budding or future entrepreneurs are nourished and guided for a certain period of time till they get the confidence to perform and get started smoothly with their ideas.

In their classrooms day/night dome camera observes you day and night and like a responsible reconnoiter they take note of your requirements. There would be many like you in this cell so naturally everyones requirements can not be same. Each has to be given special attention, as these workshops deeply believe in your caliber and your most cherished dreams.

Here you will find out the keys to become a successful entrepreneur. You need to have some specific goals regarding money and finance. For this you definitely need special skills and should be aware about the application of business tools. There is a significant gap between your current status and the position where you want to see yourself after some time as a successful business entrepreneur.

This workshop actually aims at bridging those gaps for you. You will receive step by step guidance in all the business aspects during this period. They will make you capable so that you can sit facing your computer and start implementing your plans without any difficulty.

The business of an entrepreneur workshop runs by making your business turn into reality. You might type anything on the net browser, and receive tremendous comments about how to make money in various fields of business, be it online business, business of imports and exports while sitting at home and many more. But it is difficult to get a guide where people will instruct you to properly to develop your own business successfully.

Actually, the relevant question is why any one should else be interested in your dreams? But these workshops are quite different, they will give you case studies, take you for visits and field work from where you will get an idea about how to get started with your own business plans. With these experiences you will naturally grow a business acumen, which is quite general and on the other hand quite worth implementing in your unique plans.

You need to save yourself from the fake institutions which can drain your money and at the same time not offer you with any thing significant. It is easy to fall victim to such e-business scams. So find out properly before you go for such an opportunity.

Are you still looking for a job? Think about creating your own. There are a lot of business social networks to help you connect with other entrepreneurs and get the business ideas off the ground.

Here are the top 7 business networking sites and apps. Each helps entrepreneurs succeed by providing them with the guidance, tools and resources they need to start a business and gain exposure.

1. StartupNation

Most social networks for business neglect the content aspect that makes StartupNation so useful. With articles, forums, blogs, on-demand seminars, and podcasts, entrepreneurs will be better prepared for their ventures and have the resources required to make better business networking decisions.

There are a wide range of topics being discussed on StartupNation right now, including business planning, marketing and web-based business. The site also offers a series of competitions, such as an elevator pitch business networking competition. If youre an entrepreneur or hope to become one, this site is definitely one you cant miss out on.

2. LinkedIn

Its difficult to leave LinkedIn off of any business social network list because its so useful for anyone whos either searching for a job, is trying to network with like-minded individuals, or starting a business. LinkedIn offers many resources for entrepreneurs, such as groups, including the very popular On Startups group that has over 54,000 members.

Entrepreneurs on LinkedIn should brand themselves properly so they can attract the right kind of business opportunities, and perform searches to find service providers or partners. As an entrepreneur, you should also be looking to participate in LinkedIn Answers, events and business networks to spruce up your profile and become a valuable member to your LinkedIn network.

3. Entrepreneur Connect

Entrepreneur Media, the company that produces Entrepreneur Magazine, started a business social network years ago specifically for small business networking. Like all business social networks, you have the opportunity to create your own profile, explore the community and network. Unlike most social business networks, this one frowns upon too much self-promotion and applauds idea sharing.

You can use this business social network to connect to service providers, suppliers, advisers and colleagues. Just like LinkedIn and Facebook, there are business groups that you can join or create. Another cool feature is that youre able to start your own blog and possibly have it appear on the main page of the business social network.

4. Biznik

This isnt another LinkedIn clone. Instead, Biznik brands itself as a business social network that doesnt suck. The Biznik community is composed of freelancers, CEOs, and the self-employed. Like the other business social networks, this is a place for you to share ideas, instead of posting your resume. It is mandatory for all members to use real names and provide real data, and Biznik editors actually review all profiles to ensure compliance with that policy.

5. Cofoundr

The Cofoundr business social network is made up of idea makers, entrepreneurs, programmers, web designers, investors, freelancers and executives. The primary purpose of joining this network is to start a new web venture. Unlike most of the business networking sites already listed here, Cofoundr is a strictly private network, which means that you cant view member profiles before you register for an account.

Membership requires having a valid university or work email address, which means high schools students and younger arent allowed. The first thing you have to do is sign up, then specify your abilities and the people you are trying to business network with and finally, post your idea on the bulletin board or in the forum.

6. Perfect Business

If you want to meet thousands of serious entrepreneurs, experts and investors from a variety of industries, then Perfect Business might be the business networking site for you. The type of people youll find are potential business partners, potential clients and advisers. Additionally, the site has leading business partners like Entrepreneur and Virgin Money.

From business social networking to a video center where you can learn from successful entrepreneurs, a business plan builder and even an investor center, youll have most of the resources you need to start a business.

7. CityHour

Much more than a contact manager, CityHour social networking app easily syncs with your LinkedIn and Facebook accounts to instantly transform a collection of static digital contacts into an actionable network full of new people and opportunities. So whether you are looking to jumpstart new business efforts, explore career opportunities or create new partnerships,

with CityHour youre just a few taps away from a meeting that could change your life.

Oh, did we mention that its absolutely free?

One hundred business owners walked into a bank. Eighty left empty handed.

Thanks not a joke. Its a stark reality of how the financing world works in 2015.

Traditional bank financing is a great tool for growing your business but we do not live in traditional times, and even as the American economy improves, access to this financing does not seem to be getting any easier. When traditional channels are no longer an option, the world of Alternative Lending is an excellent choice. These lenders offer competitively priced products, fast turnaround times, transparent terms, and require minimal documentation.

Market Street Funders offers a fast, free search for business owners to find business financing. MarketStreetFunders.com helps businesses identify the right type of capital needed and then matches them with lenders eager to work with the business. Lending options include:

Business Advance Short term working capital matched to future revenue. Repayment is made through small daily drafts. Requires the least amount of documentation and funds within days.

Business Loan Traditional loan product for larger amounts or longer terms. Simple interest loans with no prepayment penalty. Requires greater documentation and a slightly longer approval process.

Factoring Solutions Ideal for businesses with large purchase orders, invoices, or accounts receivables. Get paid immediately on invoices and purchase orders or turns accounts receivable into cash.

MarketStreetFunders.com was developed as a solution to the existing business financing search ritual, which many business owners find to be inefficient, while at the same time, rarely leading to the most competitive offer. Concurrently, traditional, bank-originated small business lending continues to be on the decline: the unmet demand is estimated at $80 to $120 billion per year.

The companys proprietary process leverages technology, deep industry knowledge and existing funder relationships to provide a fast, competitive and transparent growth solution for entrepreneurs. Most funding solutions will have a 3- to 18-month repayment period, with some loans up to $1,000,000 and 60-month repayment periods. Commissions are transparent and there are no origination fees.

Market Street Funders co-founder and CEO Tom Abel said, Today, when you want to buy a plane ticket, you dont call the airlines; you go to a search comparison site like Kayak or Expedia to find the best price. Market Street Funders provides the same kind of one-stop shopping for business loans and funding. Within hours of completing an application, business owners can compare financing offers side by side.

There are minimum qualifications to apply. A business must be at least six months old and have $8,000 in monthly sales. The online application requires some documentation; typically a few months bank statements. Approval and pricing are based on the strength of a business, cash flows, predictable revenue streams, historical performance, and other common sense factors. Funding solutions can be tailored for a variety of purposes, including inventory and purchasing, working capital, marketing, expansion, renovations and repairs, and hiring.

Co-founder and COO Erik Williams added, As entrepreneurs ourselves, we have first-hand knowledge of a sometimes untapped business culture of ingenuity and innovation. Our singular mission is to match entrepreneurial passion with the capital necessary to fuel it and make the process simple.

Prior to founding Market Street Funders Tom Abel was the Chief Operating Officer of Swift Capital, a recognized leader in the alternative lending industry? He also served as Executive Vice President and Director of Small Business Banking at MBNA America and later Bank of America. Abel is a small business owner, entrepreneur, and stakeholder in several early stage ventures.