Could These Two Secrets to Getting Advice Be Helpful to Successful Business Women?

Successful business women know the importance of having mentors at various stages throughout their lives. Whether it was in school, sports teams, dance or other activities, who among us doesn’t remember having someone who offered the help, support and advice that helped us get some challenging times.

Business is tough enough for success business women so why not have some people you can count on for support. Many people will tell you what they think you want to hear, not enough will tell you what you should hear.

And receiving and accepting candid feedback is a main reason why successful business women get that way. They use it to avoid costly mistakes and make better decisions to achieve their business goals and professional aspirations.

Mentors are important to those who may be lacking the experience, knowledge or skills required in a certain task or position. Successful business women can leverage the capabilities of others to help them when their lack of experience could be a liability.

After all any stretch assignment has potential pitfalls where your lack of experience could cause you to fail. This is where a mentor can help. You learn from their mistakes, not just from yours.

But how do you know what type of mentor you need? Who would be the best person to help? How can successful business women find them?

The first step requires an objective self-assessment – You can’t find a mentor until you “find” (know) yourself. Only after you know what you need, can you find a mentor to help.

Ask yourself what do I really need in a mentor – if it’s for career then maybe you want to know what jobs you should be taking now. What course and/or training are needed? What assignments should successful business women be thinking about taking to give them the right experience given their career choices?

Or maybe you’re in a new role or stretch assignment. You might want to ask a mentor – What are the barriers to success? How do I get around them? Who should I involve? What other skills are needed? And so on. Determine and understand what you really want.

Step 2 – After you have answered these questions, ask yourself how a mentor can help you.

Mentors can help with a promotion, developing skills, identifying strengths, getting help with weakness and as well as business progress. They can also be business development sponsors for successful business women.

The right business related mentor is also someone who knows your field, can help you learn new things and is willing to give his or her time to help you. Often they have the knowledge and skills, open-mindedness, accessibility, trustworthiness and reliability.

Sometimes their great success comes with great egos which can be a problem. Just because someone has significant cache doesn’t mean they will help you. Successful business women will also need to determine the structure of the mentoring relationship – in person, virtual and global or network. And if the mentoring relationship is for long term or just for short period of time.

Successful business women may not find a mentor over night. They will need to continually be reaching out to people who they think could help. Meeting with them, sharing ideas and concerns. Over time you will determine if they are the right person for you: can they be the mentors that you need to help you and your business.

Internet Niche Marketing Software – What To Look For When Picking Niche Softwre

There are many kinds of internet marketing software available online. Some of these tools come
in all shapes and sizes. In this article I will discuss what to look for when choosing niche
marketing software. Having the right tool will help you to investigate the many niches that are
available online. First let me answer this question.

What is niche marketing?

Niche marketing is when an internet marketer concentrates on a small market segment of a topic
with the objective of achieving dominance of that segment. Niche marketing can be very
profitable if you choose the right niche to market. Finding a profitable niche market can be a
challenge for many internet marketers. One of the problems faced by many is deciding what
niche to market and how to market it when there are several millions of other web pages doing
the same thing. Competition can be fierce!

What should I look out for when choosing niche marketing software?

There are many factors to consider when you are thinking about purchasing niche marketing
software. Apart from making sure that the software deals with your needs, it is important to
make sure that you feel comfortable using the software. You may use this software for many
things so its important that you like using it.

Some other considerations to bare in mind are –

– When you are faced with purchasing software, you will at some point through the purchasing
process sit face to face with the niche software sales letter. So its very important that
when you visit the sales letter for the software that you read everything on it. Be sure
that you know what you are getting for your money. What can it do for you? And… What can’t
it not do for you? Does the software provide your needs?

– I’ve bought into a number of niche marketing software products in the past. I have at times
felt like I needed to pull my hair out. Why you say? Because the data that the niche
software was using was inaccurate data. The results that the software calculated was coming
from an unreliable source on the net. Sometimes I had a good search count for a particular
word, the next time I checked it was a different and sometimes lower search count. It all
got confusing and frustrating for me. So be wary and ask the product owner, where does the
keyword source come from.

– Go to your favorite search engine and look for any good and bad reviews of the product you
are looking to purchase. By doing this, it will help you make up your mind about whether or
not you should buy into this software. Look for case studies and testimonials from others to
see what they said about the product

– If and when you do decided to purchase the internet niche marketing software, be sure to
read the manual. This is important as you need to fully understand what all the functions,
terms and search results mean. By doing this you will have complete control over what you do
with the software and you will have less chance of misusing the software.

These are just a few things you need to consider when you are purchasing internet niche
marketing software. I have been using a great niche marketing software tool that helps me find
under the radar niche markets to target. I have found this software to be reliable and very
useful for my internet marketing campaigns. The product owner is also very helpful in any
queries that I have… so what I’m saying is that the product comes with good tech support.
Its reasonably priced too. Check out the link below for more info.

Market Mood Swings And How To Benefit From Them

You must have heard many news like – market dropped due to some political upheaval in the middle east or the market soared due to some referendum in Europe. In the age of globalisation, all the markets and businesses across the world are intertwined, hence any geopolitical event has the potential to move the global markets.

But where does that leave the investors? What should be their ideal approach to counter such uncertain situations? The good news is – whether markets fall or rise, it’s an opportunity for the investors. Here’s how.

Investors In The Market Cycle

The reason we say that whether market falls or rises, it’s always an opportunity for the investor is because if the market falls, all the stocks on your watch-list, most likely, will be in the buying range. And when the market rises, it’s a perfect point for you to sell the stocks which have reached their target price.

The key point is – if you have a long-term perspective in stock investment, it will be your armour against all the uncertainties of the stock market.

Let’s take a look at the market phases which comprises the market cycle.

The Bear Market

The bear market is a market condition where the prices of the securities fall considerably and the market goes through a significant downturn. In such situations there is widespread pessimism about stock prices and a lot of panic selling takes place which further escalates the downturn.

Though it’s a nature of the market to swing up and down, intraday traders and short-term investors, who deal in huge quantities, have no other option but to sell their holdings to minimise their losses.

However, long-term investors have an advantage in this phase, as they can choose to hold their stocks while they also have an alternative to average their existing stocks and buy new stocks. Always remember, the bear market is a perfect opportunity to enter the market and build a robust portfolio.

Market Accumulation Phase (Consolidation)

This phase takes place after the markets have hit the bottom and some value investors think that the market situations is good to buy as the worst is over. Valuations of stocks are very attractive in this phase while the market sentiment is still bearish. Which makes it an ideal time to enter the market. In the accumulation phase, prices are flat, as the disillusioned sellers start selling while the wise investors pick it up at a healthy discount. Owing to such turn of events, market starts to pick up.

To get through such phases, investors should just be patient and hold their stocks. Giving in to your impulse of selling stocks due to continuous consolidation will only bring you losses. It’s just a phase which passes sooner or later.

The Bull Market

The bull market simply means that the market is on its upward drift. The market index goes high and all the major stocks start soaring. This is the phase investors invest for. One thing investors should ensure while going through this phase is that it’s not a buying period, it’s the time to review your portfolio and sell stocks which have reached their target price. In a way, all the investment, and calculated risks you take while the market was down pays off when you reach this phase. If you make the right choices, you will be handsomely rewarded.

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