Karma in Business Networking

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Successful people are always looking to help others without any thoughts, Unsuccessful people are blocked by thought, Whats in it for me?

When we help someone in our Network, we setup a positive cycle.

We never know how that person will eventually help us in sometime future.

Even if that does not happen, at least you get happiness from helping someone and sometimes the positivity itself helps you achieve many of your goals.

So keep posting requirements and referrals for others in LetzGain, the positive cycle will benefit you in a strong way!

Essence of Powerful Network

Power Network

1. Name the 3 Businesses that won Government Awards Last Year
2. Name the last 3 New Listings on Stock Market
3. Name the last 3 Startups from India who won the Innovation Awards

How did you do?
.
.
.
The point is, none of us remembers the headlines of yesterday !!

Even though these businesses must be the best in their fields !!

Applause dies !!

Awards are tarnished and
achievements
are forgotten …..!!

Here’s another quiz:

Let’s see how this goes:

1. Name 3 Trainers who helped you learn something to improve your business

2. Name 3 Business friends who helped you through difficult times.

3. Name 3 Customers who stood by you in difficult market conditions

4. Name 3 people who referred you New Customers

5. Name 3 Business Friends with whom you enjoy spending time
.
.

Easier…..right?😊

The Business people who make a difference in your life are NOT the ones with prestigious  awards and loads of money !!

Life is full of people in your Business Network who have made the world a better place for YOU !!

Cherish them !!

Hold Them Tight !!

Build relations which make difference to Your business and You can make difference to theirs.

Important News for Micro Small Medium enterprises in India

Big Amendment to MSMED Act on February 7th, 2018

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved change in the basis of classifying Micro, Small and Medium enterprises from ‘investment in plant & machinery/equipment’ to ‘annual turnover’.

This will encourage ease of doing business, make the norms of classification growth oriented and align them to the new tax regime revolving around GST (Goods & Services Tax).

Section 7 of theMicro, Small and Medium Enterprises Development (MSMED)  Act, 2006 will accordingly be amended to define units producing goods and rendering services in terms of annual turnover as follows:

  • A micro enterprise will be defined as a unit where the annual turnover does not exceed five crore rupees;
  • A small enterprise will be defined as a unit where the annual turnover is more than five crore rupees but does not exceed Rs 75 crore;
  • A medium enterprise will be defined as a unit where the annual turnover is more than seventy five crore rupees but does not exceed Rs 250 crore.
  • Additionally, the Central Government may, by notification, vary turnover limits, which shall not exceed thrice the limits specified in Section 7 of the MSMED Act.

At present the MSMED Act (Section 7) classifies the Micro, Small and Medium Enterprises (MSMEs) on the basis of investment in plant and machinery for manufacturing units, and investment in equipment for service enterprises. The criterion of investment in plant and machinery stipulates self declaration which in turn entails verification if deemed necessary and leads to transaction costs.

Taking turnover as a criterion can be pegged with reliable figures available e.g. in GST Network and other methods of ascertaining which will help in having a non discretionary, transparent and objective criteria and will eliminate the need for inspections, make the classification system progressive and evolutionary, help in overcoming the uncertainties associated with the classification based on investment in plant & machinery/equipment and employment, and improve the ease of doing business. In addition the amendment will provide flexibility to the Government to fine-tune the classification of MSMEs in response to changing economic scenario without resorting to the amendment of MSMED (Micro, Small & Medium Enterprises Development) Act.

The change in the norms of classification will enhance the ease of doing business. The consequent  growth and will pave the way for increased direct and indirect employment in the MSME sector of the country.

Better way to build a Business Network: Networking 101

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” It wasn’t as lucrative as I thought it would be.” When was the last time you heard yourself think like this as a freelancer? Most probably at a networking event. There is a very intricate association between networking and freelancing. As a freelancer you are always interested in widening the horizons of your networks and attending networking events seems like a simple linear solution to this concern. However, networking events come with a limited scope with many conditions applied. First of all you need to be an extrovert and vouching for chances needs to be your forte. Your face value or personality might overpower or superimpose the character of your talent. Networking events are a lot like elevators pitch. If you have communicated effectively or presented yourself impressively within that short span of time, then you may expect some returns or else it’s a miss .

Beyond Networking Events

You can construct a robust network of relevant contacts without swinging between different networking events like a pendulum. You can strategize on the most rewarding networking experience right from the comfort of your favourite couch in your home. You can effortlessly and seamlessly unlock a whole new world of real network, real connections, relevant conversations, community feel, mutual growth and bring alive phenomenal potential right on your phone screen with ‘LetzGain‘.

Network better with LetzGain– A phenomenal app based platform to enable networks, empower freelancers and SMEs with robust business leads and contacts, enable them with a seamless networking experience and enhance the multitudes talent out there by matching with opportunities that can do justice to creativity and expertise.

30,000+ Leads worth 30,000+ Crore Rs have been exchanged on LetzGain within few months among growing 70,000+ users and this is just the nascent state of an incredibly flourishing innovative way to network and shrink the world of opportunities.

A DNA of Networking & Word-of-mouth

The DNA of LetzGain is made up of networking and word-of-mouth publicity. Networking events are passé. There is no need to chase contacts when the right contacts can flourish right in front of you. This immensely empowering simple app can catapult you into a world buzzing with:

  1. Valuable contacts
  2. Relevant conversations
  3. Systematic follow ups
  4. Real time discussions
  5. Constructive feedback
  6. Mutual benefits
  7. Surprisingly hassle free experience.

Real time notifications in the app never let u miss a single business lead and you can entrap maximum potential with this tool. There is utmost privacy and there will be no spams camouflaged as opportunities. A simple, transparent, powerful and rewarding platform – that’s LetzGain for you.

Business Networking can’t get simpler than this.

Download the app here.

Burst it with LetzGain. Signs that you are in a Networking Bubble !!

Real

What’s the difference between a great idea and a great success story? Networking!

The art of connecting with the right people, strategizing available contacts and building the foundation of new ones forms the crux of networking. The irony today is that everybody is networking yet great ideas are not transforming into success stories as seamlessly as they should.

You might not believe us, but the fact is that there is a huge networking bubble that you might be zorbing inside, unaware the the real Adrenalin rush of networking, the real potential of phenomenal networking lies outside this bubble.

Signs that you are Networking wrong:

  1. Connecting With the Wrong People

It is very important to establish that mere addition of volumes in your contact list is not called networking. If you are a freelancer or working as an SME and you are considering networking with an HR manager of an MNC, this contact might not help you network as much as the contact of an independent entrepreneur or a start  up aspirant can. Remember that in networking, the potential of the other person is not as important as the relevance of the other person in your contacts.

  1. Forcing  a Connection

There is a difference between Networking and forcing a contact. Period! Networking does not include being unprofessional and desperate to connect with someone who might help your prospects. Polite reminders or professionally drafted follow up emails should not be replaced with desperate and repeated phone calls or intruding into someone’s personal space.

  1. 3. Making it all about you

Networking is not a one way route. Never was. If you are thinking that networking is about manipulating your contacts into helping you gain, then stop right there. Networking I about nurturing potential together and empowering each others potential.

  1. Telling your story to everybody

Just like how each and every contact might not be relevant for you, in the same way, your introduction might not matter to everyone alike. If you are a freelancing food blogger, telling your story to a world renowned doctor might still be equivalent to braking up the wrong tree. Desperately throwing around your introduction trying to impress everyone around, is not even the N of Networking.

Burst the Networking bubble with LetzGain

The DNA of LetzGain is made up of networking.

Network better with LetzGain– A phenomenal app based platform to enable business networks, empower freelancers and SMEs with robust business leads and contacts and enhance the multitudes talent out there by matching with opportunities that can do justice.

30,000+ Leads worth Thousands of Crore Rs have been exchanged on LetzGain within few months among growing 70,000+ users. If the statistics is not astonishing enough, here is how LetzGain spells the real networking.

  1. Connecting with the right people

A platform that has relevant connections for everyone, LetzGain can help reduce the time wasted on contact or networks with no promise. This dynamic platform is buzzing with the right connection.

  1. Building a connection

LetzGain is not about forced connections. It is about building and nurturing connections with mutual interest. Real networking is never forced, it is constructed with positive interactions and enhancing communication, both of which LetzGain enables.

  1. Making it all about mutual association

With LetzGain, you can refer contacts, refer yourself and get referred. This enabling platform is not just about a one time gain but a robust support of networks that promote potential.

  1. Telling your story to potential leads

With LetzGain, there is no scope of pursuing an opportunity with no potential. This application enables relevant communications. You can connect with people who would genuinely want to hear you out rather that begging for attention.

Read “Real Networking starts with LetzGain.

Receive the pay you deserve! We bet every Freelancer can relate!

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So all the freelancers & consultants out there, have you ever taken up work that doesn’t do complete justice to your abilities? Sadly, a lot of you will nod to this question because as a freelancer, uncertainty and the fear of bleak projects in the future haunts one and all.

To be precise, this is exactly what you are doing wrong as a freelancer. There is definitely a route to success and the first milestone in that route is ‘Knowing your worth’ and demanding for what you deserve. By doing this you are not being uptight, you are not being overconfident, you are not being arrogant and you are not being foolish. Standing by what you deserve is a difficult terrain but once you strongly put your foot down on this, you emerge out honed and empowered as a professional.

Know Your Worth

If you don’t respect yourself as a professional, sadly, nobody will. You might not have demonstrated your worth, but everybody knows their own substance and you surely do know yours as well. Leaves the doubts for the rest of the world to dwell on, you set out to conquer the great heights with belief in yourself and the assurance of your worth.

Learn to say No

This ability pretty much comes naturally with knowing your worth. If you are paid less for the effort you put in or if you are doing menial work as compared to your potential and abilities, then learn to say ‘No’. Let go of the fear of a bleak future, let go of the insecurity that in the future even this work you might not get. Trust us, a lot of success stories around the world have started with a NO, a determination to not settle for anything less than what you deserve.

Give It Your All

Once you know you are on the right path, give it your all. As a freelancer, you have the privilege to work exactly what your are excited and motivated about. Once you are armed with a realization of self worth and the determination to say No to whatever demeans your self worth, give your all to whatever opportunities you can conquer. You rise to your full potential when you decide to vanquish all challenges and work beyond possibilities.

What if you still don’t get what you deserve

Quite scarily, this is very much a possibility that even after encompassing every bit of optimism and energy into achieving what you deserve, you might not get there. There can be many reasons-

  1. You were not at the right place at the right time.
  2. You couldn’t sell yourself enough( Yes, selling yourself is a thing in freelancing and there is nothing derogatory about it)
  3. You don’t know the right people.
  4. You have to strive too much for opportunities and after that you are left with too little time and energy to do justice to those opportunities.

The buzzword here is ‘Networking’. Build a great also reliable Network with LetzGainA phenomenal app based platform to enable networks, empower freelancers and SMEs with robust business leads and contacts and enhance the multitudes talent out there by matching with opportunities that can do justice.

30,000+ Leads worth 30,000+ Crore Rs have been exchanged on LetzGain within few months among growing 70,000+ users. If the statistics is not astonishing enough, download the app for a seamless interactive medium with zero hidden costs and a valuable network waiting for you.

BONUS: It demands only few minutes of your week :)

Download the app here.

How to Combine Offline and Online Networking?

eeting people in person has lot of advantages that an Online Network can never substitute but that does not mean that online Network for same “networking purpose” will not be beneficial.

We meet our close friends often but that does not stop us from interacting and having hundreds or even thousands of friends in Facebook. Both have their own value.

While there are many in person networking clubs and events for SMEs to generate Leads in structured and UN-structured ways. LetzGain brings a very easy to use online platform where you can post requirements and not only get responses from vendors but you discover leads which are nothing but requirements posted by other LetzGain Members (Business Owners).

LetzGain is Top Ranked online Business Network of SMEs optimized for Leads and referral sharing.

Ovenderful: Simran’s journey, Tips on Networking & more!

74c10243-7e6b-43f2-9f13-af49fc56ec6dShe did with her life what a lot of people yearn to do but can seldom muster the courage for.

Simran Oberoi Multani decided to empower her passion for healthy baked goodness with a clear business goal. Today, when salary digits are more important than anything else for the young generation, Simran took an interesting bold step to let career be driven by what drives her.

Ovenderful- The luscious blend of sweetness & health

There are lots of bakeries everywhere and it’s a pretty fragmented market. So how did Simran make a difference?

Well, unlike any other bakery, her innovative endeavor doesn’t come between your stubborn sweet tooth and inspirational fitness level. In fact, this is where the two coexist.

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Ovenderful is a niche home bakery, which specializes in healthy , wholesome and inclusive baking. All products are free of preservatives and artificial food colours. The bakes are freshly made by hand, using alternative flours which are healthier such as wholewheat, ragi/ millet, semolina, almond flour, rice flour and so on, along with chemical free sugar or natural sweeteners such as figs, dates, jaggery, fruit-based purees, cane sugar.

The range of bakes also include child friendly, vegan, egg free, nut free, gluten free, dairy free, lactation friendly , diabetic friendly bakes.

A Woman Entrepreneur’s Quest for Networking

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Simran dealt with her share of hiccups while setting up the business. First of all, the concept of healthy bakes itself is elusive and it takes strategy to convince people that something healthy can be tasty too. Finances always remain a problem for entrepreneurs as not everybody had an elite line of venture capital and seed fund ready to nourish the business.

Simran emphasized on networking a lot. In this age of powerful digital marketing, the strength of network connections and word of mouth still holds acres of ground. Simran feels that the community of women entrepreneurs should be a mutually empowering circle as, in a country with such great demographic dividend when it comes to women, the level of ease for business for women is still at a very nascent level.

Ovenderful & LetzGain – A quirky-sweet Combo for Success

What does a small business owner with little to invest on marketing but phenomenal potential need? A transparent platform that empowers goals and brings professional communities together to help building up the business blocks seamlessly.

This is why Simran chose LetzGain.

A simple app, with tremendous innovative potential- That’s how Simran defines LetzGain.

 

She believes that with a tool as approachable and affordable as LetzGain, a lot of dreams can be ignited with relevant leads, transparent communication, mutual empowerment and unrestricted flow of ideas. Simran reiterates that the strength of LetzGain lies in the fact that it is conceptualized on the core threshold of networking and communication.

With live chats, easy referrals and a dense network of promising freelancers and business owners, LetzGain is a vast platform of lucrative opportunities.

While Simran’s association with LetzGain is only recently, she has already been able to curate an array of mutually beneficial associations that can lead to gratifying business relations.

The Road Ahead For Ovenderful

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Simran believes that the forte of an entrepreneur should be focussed endeavours and sustainable growth. For Ovenderful, she has ambitious goals and an undying zest for remaining undeterred by ups and downs and taking the concept of healthy baked goodness to the world.

Ovenderful LetzGain Profile.

This Article is bursting major Freelancing myths!

It’s Time to ‘Myth Proof’ Your Idea of Freelancing

Freelancers are the ones who couldn’t find jobs and thus, took up whatever work they could take up. This atrocious myth is fast dissipating from the minds of people but still has a really long way to go.

Freelancing as a profession has always been blurry. While you might guess what a doctor’s life would be, you can’t guess much about freelancing unless you jump on the field and get your hands mud dirty. For plenty of you out there, maybe its the boulder of myths that is holding you back. Here is a comprehensive list of myths and the associated realty. Thank us later !

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  1. You are a Freelancer! You got to be FREE!

Freelancers tend to get bullied a lot for this. Freelancers are supposed to have ample time in their lives, after all, they don’t have a demonic boss to feed on their time.

The Gospel Truth: A freelancer is mostly working for more number of hours a week just so that he/she can continue freelancing. The few initial months or years are always challenging as well as motivating for a freelancer and he/she strives to stretch the limits. There is no IN and OUT time. There are no biometric gates to make sure you were in office. But there is always a raging fire inside, pushing you to perform incessantly.

Freelancer Myth vs Reality

  1. It’s Everyone’s Cup of Tea

You might be the best performer at your corporate office. If you can handle a job, you can handle a freelance assignment.

The cup of reality: If lured by greater work-life balance associated with freelancing, you are thinking of ditching your job, you got to access your chances of excelling as a freelancer. Freelancing is an extremely challenging and gruelling platform. Also, since freelancing always carries a certain degree of uncertainty, it takes a certain kind of fearless and doughty personality to take it up.

  1. Freelancing is not a career! It’s a Wall!

We all need walls of support to lean back on. So when your boss gives you that ugly pink slip, freelancing is what you can lean back on. That’s how all the freelancers in the world were born.

The Wall Smashing Truth: There are professionals in the world who willingly quit their job for freelancing. Freelancing can be an option but mostly it’s a choice. Like there are dream jobs in the world, there are dream freelancing portfolios as well.

  1. All it takes is a cool and quirky website

You website can be your note churning machine. All you need to invest in, is a website.

Reality: The Web of ‘Truths’: Sure, you can go ahead a invest time and money on your website but please understand that your website is only one aspect of your freelancing career that can take care of SEO, traffic as well as give a digital presence to your idea. It can’t be you HR, marketer, salesperson, business head and CEO. All that, you need to be yourself.

  1. It’s FREElancing

Getting work done from a freelancer is the cheapest option. Freelancers don’t have much choice, so they are going to accept whatever you offer.

A free dose of reality: Freelancers are often highly sought after professionals at par with industry standards. Freelancers are passionate for their work and deserve to get paid accordingly.

More power to freelancers! More respect for freelancers!

Network with the best of freelancers and build a community of passionate professionals like yourself with ‘LetzGain’.

Click here to download the app!