Thursday, July 12, 2007

Networking a million dollars

So lately I've been reading a book, one some of you have probably read before, titled "The One Minute Millionaire." This is somewhat significant for me, since in the past I've had my reservations about reading books meant specifically written to show you how to be filthy rich. To be sure, I still have grave reservations about anybody or anything whose singular goal is to put a million bucks in your pocket, because I believe that that much money is very powerful and ought to be earned and the person to whom it belongs ought to know how to use it to the benefit of those around him, lessons he hopefully learned along the way of acquiring said million dollars.

I've always thought that these make-a-pile-of-money books really ought to not be written about money at all, but rather about principles that can be used everywhere in life, including, but not limited to, finances. Take the principle of accountancy for example: you can account for a lot of things -- time, money, physical resources, shelf space, whatever. Wouldn't it be better to teach somebody how to be a good accountant and then have that person extend the principles of accounting to every applicable part of his life instead of stopping at teaching a person to be a good financial accountant only?

Anyway, to get back to the point, this book actually does focus on good principles and habits that improve a person's whole person and emphasizes constructive motives, means, and ends.

About 1/3 the way through the book, when it actually starts getting to talking about how to make a million dollars, they present this analogy of a lever doing the work of moving the million dollar idea where you are the fulcrum and the lever is your resources and the forces pushing down on the lever are things like your network, a mentor, your team, skills & tools, etc.

While talking about networking, they bring out the point that you really only need to find the one "key contact" in your infinite network, or the list of people you know and the people they know, and so on. You don't have to sell a widget to a million people, you just have to sell a million widgets to one person. Or for some other applications, you might just need to find the person that knows a million people who want widgets.

At the moment, I'm working on a photo and album management system called Webatography.com which, like software always is, 80-90% done. I'm looking for ways to promote it and get it in front of people's eyes. What this website does is allow you to organize your photos and build albums out of them that you can post anywhere on the Internet. It has huge application for real estate buyers and sellers as well as eBay sellers and bloggers and such. I'd like to leverage my network to get this thing flying, and that's why I'm writing this post. How can I build a network from the people I know (you guys) which will help me find the people that are going to pay for this service? Word-of-mouth advertising is the best because a) its free and b) it actually works.

I know Nate has quite a pile of expertise in networking, and has a couple of huge networks of his own, so I especially want to hear from you. Abe is bored most of the day, so maybe I'll hire you on (with a salary even?!) as help in this venture. I'm sure my network is full of the skills that will make this succeed, I just have to learn how to find them.

I appreciate your input, and have a nice day.

1 comment:

  1. Sound like fun I have already given you some feed back and whatever you want me to work on I can help.

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