Entrepreneur tips:How to increase your influence online

Hello Friends

1) Internal Risks are those risks which arise from the events taking place within the business enterprise.
The various internal factors giving rise to such risks are:-
o Human factors:- They may result from strikes and lock-outs by trade unions; negligence and dishonesty of an employee; accidents or deaths in the industry;incompetence of the manager or other important people in the organisation,etc.
o Technological factors:- They may result in technological obsolescence and other business risks.
o Physical factors:- They include the failure of machinery and equipment used in business;fire or theft in the industry; damages in transit of goods, etc.

2) External risks are those risks which arise due to the events occurring outside the business organisation. Such events are generally beyond the control of an entrepreneur.
The various external factors which may give rise to such risks are :-
o Economic factors:- They result from the changes in the prevailing market conditions.They may be in the form of changes in demand for the product, price fluctuations, changes in tastes and preferences of the consumers and changes in income, output or trade cycles.
o Natural factors:- are the unforeseen natural calamities over which an entrepreneur has very little or no control.They result from events like earthquake, flood, famine, cyclone, lightening, tornado,etc.
o Political factors:- have an important influence on the functioning of a business, both in the long and short term.

As an entrepreneur, one of the main aspects of running your business is to market it. Part of marketing directly relates to your brand; which, in turn, determines your overall influence. Building an influence online is the easiest way to help improve your branding and networking amongst those within your market place.
Unfortunately, entrepreneurs often approach building an influence online completely wrong. Hours upon hours are invested to network with others only for the contacts to fall through. Likewise, time spent on building influence often is quickly destroyed when the entrepreneur pushes too aggressively with their marketing message.
1. Make sure your business Web page is the best it can be. Why spend time trying to get people to your website if it is not designed to be easy to use and doesn’t have the information people need? Be sure that your website navigation is working and easy to understand and that you have stellar content.
2. Develop relationships. One of the best ways to increase your influence is to get to know people. Use Facebook, Twitter, and LinkedIn and comment in forums and on blogs. Don’t just talk about your website or your products, actually take the time to get to know people and talk about what is important to them. As you develop relationships, your sphere of influence will increase because your contact base will expand and people will know that you are a person that can be trusted.
Developing relationships with people in your market and beyond is easy with the social media websites that are available today. Be active on Facebook and Twitter. When you comment in forums or on blogs don’t just say “good post” or “nice article”, give an opinion – you don’t always have to agree with the person as long as you are respectful. This shows honesty and that you’re not just spamming them and using their blog or forum as a vehicle for your backlinks......read more http://news.bytrade.com/info/916-Entrepreneur-tipsHow-to-increase-your-influence-online.htm