Posted by Gediminas Grinevicius on Thursday, November 19, 2020 Under: Personal Development

I want to talk about the relationship based economy. What is relationship based economy? And are you ready for it?

The more we get into this new age of social media, of social proof, of publicity, the more our business will become a relationship based economy, because long gone, the days where there were only a few big brands, and everybody was buying from the few big brands.

Now, people don't believe in advertising anymore. You put an advertisement on television or radio, people just don't believe in that stuff anymore. It's all based on recommendation. It's all based on relationship. It's all based on trust. And that trust usually comes from a person. Nobody wants to buy your brand. Nobody wants to buy your product. Everybody wants to do business with you, personally as a person. Knowing this and having this in our mind, how can we use this to our own advantage?

Social media just made the playing field very equal for everybody, whereas before, only huge brands with big budget could buy advertisement on television, or newspapers or radio and so on? Now, you can reach as many people as the big brands do with social media. You could be on Facebook and doing a Facebook Live video that will reach more people that some big brands advertising on television do.

The rules became different. And if you know that, then how can you build a bigger business? How can you build a more successful business? How can you make more money? Simple, by building more relationships. It's called social capital. The question is, how many relationships can you build? How many people's lives can you impact? And one way is directly communicating with people. When you message somebody, or you comment on somebody’s post, you support somebody, you say nice things to them, you compliment them, and so on, that builds a relationship, but as a one to one.

Also, you can build relationships with people through your social media content. If I'm making this video, and you see this video, then you see another, and another and another, over time, guess what happens? We have a relationship, even though I'm not talking directly to you, you are watching my content, maybe it's a video, maybe it's a post, maybe it's a written text, over time, you get the feel of what type of person I am, who I am, what I believe in, what I don't believe in, and so on. And that builds the relationship.

You can now build relationship with masses with loads of people through your social media content, whether that's Facebook, whether that's Instagram, whether that's YouTube. Over time, you can build relationship with hundreds, sometimes thousands, or maybe 10s of thousands of people, or maybe even hundreds of thousands of people who will start following you on your social media.

The question is, will you use this tool? Or will you be one of those people who just sits on the side and observes other people use that and they go, “Oh, how lucky they are.” But you have the same opportunity. You have the same phone in your hand, you have the same social media, all you have to do is start producing content, is start talking to people. That’s all you have to do.

That’s my training and tip for you. Hope you got value some value in this blog post, if you did, feel free to share it with other people. If you would like more amazing trainings check out “Network Marketing Success Training” group There are 10 amazing lessons in this training course that will help you get the breakthrough in your business!

Yours in success


In : Personal Development 

Tags: building relationships that will grow your business 
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