August 20, 2017

5 Social Media Rules Every Entrepreneur Should Know

5 Social Media Rules Every Entrepreneur Should Know... NAIJA INVEST

Social media can level the playing field between industry leaders and upstarts, between multinational corporation executives and small-business owners, making peers of all participants. Yet appearances can be deceiving. To borrow from George Orwell’s Animal Farm, all social-media users are equal, but some are more equal than others.

So what makes the difference between a following of 500 and a following of 500,000? While A-list celebrities can have an advantage over most everyone else, other social media darlings have grown their base of fans more organically, and you can learn from their strategies.

What follows are five keys culled from darlings of the current social media landscape for increasing your influence in a way that can make a difference to your business strategies.

1. Produce quality content.

If you want to make your mark on social media, first and foremost you should provide quality content. “Content is twofold,” says Mari Smith, a social-media marketing expert and author of The New Relationship Marketing: How to Build a Large, Loyal, Profitable Network Using the Social Web (Wiley, 2011). “It’s generating your own, [being] a thought leader. The other element is what I call OPC — other people’s content — and not being afraid to share that.”

5 Social Media Rules Every Entrepreneur Should Know... NAIJA INVEST

5 Social Media Rules Every Entrepreneur Should Know… NAIJA INVEST

One man who successfully balances both elements is entrepreneur, investor and author Guy Kawasaki. “He’s a self-professed ‘firehose of content,’ ” says Smith. “He has a way of creating a nice blend of other people’s content as well as his own thoughts and opinions.” Not only that, but according to his Twitter bio, Kawasaki repeats every tweet four times in order to reach all time zones.

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