A Social Network To Achieve Goals

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43 Things, Goal Setting, Social networking

” In the absence of clearly defined goals, we become strangely loyal to performing daily trivia until ultimately we become enslaved by it ” wrote Robert Heinlein, the leading American writer of science fiction.  How many of us have got so stuck in the routine that we are not able to do what we want to do?

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India- Big Market for LinkedIn

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career management, LinkedIn, online recruiting, Social networking

Everyone speaks of social networking and building your net image these days. I have written of LinkedIn from time to time- having joined it way back in 2005. I am not one bit surprised to see that India has emerged as the fastest growing market for LinkedIn as per their CEO, Jeff Weiner.

Using LinkedIn To Build Your Network

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A Step A Day, LinkedIn, Social networking

A recent article by Sarah Jane Tribble in the New York Times speaks of how social networking sites like LinkedIn have helped people get jobs in tough times- through their network of contacts. The figures about LinkedIn are very impressive. Apparently it has more than 25 million members with an addition of 1.2 million per month. LinkedIn’s philosophy is “Relationships Matter”. Here are the benefits of joining LinkedIn.

Indian Entrepreneurs & Social Networking

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Entrepreneurs, Social networking

Reuters has a blog post about recent cases of Indian entrepreneurs hitting it big through social networking sites such as DesiMartini and MingleBox .

Reliance Entertainment plans to invest US $100 million on its own social networking website BigAdda.com.

The blog post lists some facts why Indian Entrepreneurs and Venture Capitalists bet on social networking business models :

• 44% of the total number of Indians who logon to the internet use the social networking websites

• Out of that, Orkut which is owned by Google owns 64% of the social networking market share. It is estimated that Orkut has approximately 69 million users as per August 2007 estimates. Out of which, at least 16.9% Orkut users are from India.

• Nasscom in its 2007 report has estimated that the number of broadband subscribers, currently 1 Million, will hit 20 million users in the next 3 years and the number of internet users in India which is currently 40 million will rise to 100 million users by 2010

• According to our source, 54% of India’s population is under the age of 20 years which is nearly 540 Million people under 20 years of age

• India is known as the IT hub of the world

• India signs up more than 7 Million new telecom users each month. Indian telecom service providers such as Bharti, Vodafone, Essar, and Tata Teleservices are considering the proposition of adding social networking services to their user base

• According to a Telecom Regulatory Authority of India (TRAI) Report, the number of Indians using their mobiles to login to the internet has almost doubled last year from 16 million to 38 million just last year

• With a population of more than a billion people, India has become the golden pot for investors worldwide.

These are impressive numbers indeed and speak volumes of the potential business opportunities ahead for entrepreneurs in this space.

Networking or Not Working?

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Social networking

Social networks are an integral part of our daily lives. But here is a view that should set you thinking.

Are you spending too much time on social networking? Lissa LaMotta writes of “The Dangers of Being Too Social”.

She writes: Before you’ve realized it, you’ve torched hours “networking” when you should have been plain old working. Free, addictive and multiplying like rabbits, online social networks help people stay connected with those they know and spark relationships with those they don’t–including customers, suppliers, partners and advisers.

The article is a good commentary on today’s trend to “connect” with people on the net. I liked the bit about “costing” your time spent on such networks.

My take is:

• Network by all means but let it not become a top priority
• Set aside some time each day for this rather than being “available on-line” 24/7
• There are social networks and social networks and more social networks….choose those networks which give you value and focus on one such instead of signing on for too many indiscriminately

While you are scrambling to join more networks, what have you gained from your existing ones?