Making Business Relationships - Important to Success?

Discussion in 'General Marketing' started by mickylee7, Jan 19, 2012.

  1. #1
    Hi guys,

    i just wanted to know what you thought about Business relationships. I am just 16 years old and i made $70 profit with my new business yesterday. They were my first few sales and they came from cold-calling companies and offering them my Social Marketing Promotion services.

    During one of these calls i ended up having a long conversation with a Woman who claimed she was also into social marketing and that she had many contacts. She sounded very business-minded and was very interested in forming a business relationship with me. The deal was that if i come across anyone that needs a website designing, i send them to her and receive 50% of the profits. She said that in return she has a lot of valuable contacts who may be interested in purchasing our Real Facebook Fans and Customers.

    I am really happy i have made a business partnership so early on, what do you guys think about business partnerships? Have they helped you out or increased your business?

    Thanks,
    -Michael
     
    mickylee7, Jan 19, 2012 IP
  2. pegre

    pegre Peon

    Messages:
    104
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #2
    First of all Michael- congratulations on your first profit! 16 years old -that's impressive :)

    And yes, forming business relationships are incredibly important to growing your business. However, always make sure that there's an equal give and take on both sides and that you're not being taken for a ride by your business partner.
     
    pegre, Jan 20, 2012 IP
  3. mickylee7

    mickylee7 Peon

    Messages:
    2
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #3
    Thank you Pegre!

    Yes i am starting to see already that my first business relationship is benefiting me well, i will be sure to get my share of the partnership!

    Thanks,
    -Michael
     
    mickylee7, Jan 20, 2012 IP
  4. Raph777

    Raph777 Peon

    Messages:
    25
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #4
    Hello

    I agree with pegre. You should always be careful with who you are partnering up with.

    Having a business partner is a massive opportunity to make great profit online. Being a solo internet marketer can of course make you a lot of money but when you get a partner the possibilities are so much larger. No one has created a huge online business by themselves, of course there is no problem going at it by yourself but the opportunities with having business relationships with other people are endless.

    It's one of the best decisions an internet marketer can make. Creating relationships with all kinds of people online definitely will work as an advantage towards you and your business.

    Seeing that you have only just started online I wish you all the luck and success.


    Raphael Vasilas
     
    Raph777, Jan 20, 2012 IP
  5. Matt_Baker

    Matt_Baker Peon

    Messages:
    391
    Likes Received:
    4
    Best Answers:
    0
    Trophy Points:
    0
    #5
    Wow that was awesome.. a 16 year-old made his own money.. well I think you should continue what you are doing.. engaging in the Internet marketing business is not a race you have a lot of time to study more.
     
    Matt_Baker, Jan 20, 2012 IP
  6. PHPGator

    PHPGator Banned

    Messages:
    4,437
    Likes Received:
    133
    Best Answers:
    0
    Trophy Points:
    260
    #6
    Business Partnerships are imperative, especially in this market. I don't think people should be afraid to put a little effort into getting them either. There's a few people in the past that I have done free work for. The reason I did it is because I wanted to show them that I knew what I was doing, but also in hopes that it would eventually come back in return.

    Shoemoney talked about this a lot about a year ago. A very small web development company came knocking on his door. They offered to provide him with free web development services. They ended up totally redoing his website for free based on his recommendations. The end result is that Shoemoney marketed their business for a very long time and they quickly became the company to go to for Wordpress themes that could convert to sales online. They were charging a lot of money, and their business relationship with Shoemoney which was spurred by putting some effort in at the start is what propelled their business to something very profitable.
     
    PHPGator, Jan 20, 2012 IP
  7. Alvin31

    Alvin31 Peon

    Messages:
    98
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #7
    Wow 16 years old making a good money.i suspect you come from USA/Europe right
     
    Alvin31, Jan 20, 2012 IP
  8. trudent

    trudent Peon

    Messages:
    63
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #8
    Congratulation guys! Making online money.
     
    trudent, Jan 21, 2012 IP
  9. rhdcnmu

    rhdcnmu Peon

    Messages:
    2
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #9
    Hi Michel Just i want to know about your Social Marketing Promotion services.
     
    rhdcnmu, Jan 21, 2012 IP