Top 5 Social Networks for Budding Entrepreneurs

For budding entrepreneurs, getting business ideas off the drawing board can be difficult; luckily social media offers excellent resources. It is essential for every business to have web presence if they want to become relevant in the world of e-commerce. A business does not necessarily have to sell products to venture into internet marketing; various services offered by a company could also be advertised online. Doing this nowadays is much easier through social networking sites that are geared towards business. Here are our top 5 list of must join social networking sites for every start-up business.

Linkedin – This website has wide database of business contacts with an active membership of over 50 million professionals. Whether you are working for a company or an individual contractor, this is a great place to build a wider network, socialize, exchange business ideas, industry know-how’s and job opportunities. Although this is a free website, there are some features that come with a premium membership.

Entrepreneur Connect – From the same company who publishes Entrepreneur Magazine, this social network gears towards idea sharing and business tips rather than personal advertising. The site connects people with suppliers, service providers and business consultants. There are also groups within the site, catering to specific types of businesses as well as a blogging platform. Top business bloggers also have the opportunity to have their articles featured on the main page.

StartupNation – This is a great source of ideas, business advice, classifieds and network opportunities for small business. The site also offers an entrepreneur’s forum, allowing users to interact with other business people and get relevant information without the sugar-coat. The site also features a knowledge hub with step-by-step advice, web casts, e-books, elevator pitch contests and more. A great source of information, however since the site is fairly new, the network is not that wide yet.

Perfect Business – For the serious entrepreneur, the Perfect Business is a good place to start. Like other entrepreneurial sites, it offers networking opportunities, ideas exchange and advice. What sets it apart is their Business Plan Builder Software that comes with a Gold membership ($27/month) that helps you turn your ideas into a solid, well written business framework. They offer three types of membership; Free – with limited access, Gold – all access pass and comes with the business planning software and Fast Track – includes Gold membership plus 1-on-1 consulting.

Xing – is the second largest business social networking site next to Linkedin. The site connects professionals, job seekers, coop partners, businesses and experts while also encouraging ideas exchange. They have over 40 thousand specialized groups and also offer networking events and special limited discount deals for all its members. The site also has a clean look that lets users easily create a profile, a personal homepage, join groups, and track jobs, events and appointments. Another good thing about this site is their accessibility through Xing Mobile app.

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