Silent auctions are a great way to raise additional funds at any event. Putting together the right basket makes all the difference. Themed baskets are the best way to accomplish this. While individual gift certificates for restaurants and local businesses are great, they may only appeal to a few individuals at the event. Combine them with other items to make the basket stand out and appeal to more bidders. Test and sell your product and note results. Begin the business on a small scale to allow time, experience, research, advertising, marketing, and strengthening of personal business knowledge and skills. Lessons learned will benefit the growth for a successful business.
What a great article! Never in my life would I have considered joining a MLM because of the shady practices of some companies in the past but I have been blown away by the legitimate companies who have embraced this sales model in the last five years.
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I’ve always been drawn to the direct sales and network marketing industry. I really believe that you don’t have to be salesy and pushy to get results. That being said, I’ve started out slowly with my Watkins business and I’m focusing my efforts on using attraction marketing to bring interested clients to me instead of chasing after them and hounding my friends and family.
Only six years ago, Churchill Downs Inc. (CDI), then the operator of five serious race tracks, accounted for 8% of all US thoroughbred races and earned 88% of its corporate revenue from horse racing. Reading through CDI’s annual report for 2016, its apparent that things have changed in a big way in those six years.
The Mother’s Club at school did a rummage sale every year, and there was always the question of what the money would go to, as Bill Gates remembers. Some went to the summer program where inner city kids would come up to the campus. Some of it would go for teachers. That year, they put three thousand dollars into a computer terminal down in the funny little room that we subsequently took control of. It was kind of an amazing thing.