Expert in networking Gil Petersil supplies valuable advice on shifting economies as well as the future of crypto and how to succeed in a more challenging market.
Gil Peters is a networking strategist, business and life coach, and the co-founder and director of partnerships at MeetPartners, a collection of companies that combines education-based projects for business and personal development. His professional experience spans more than twenty-four years in networking strategy and coaching.
Through an interview, Peters provided insights from his work regarding the development of business strategies, Blockchain technology’s future, and how the secret to successful marketing is a successful network.
What defines your particular (and very successful) business strategy method?
I’m pretty mobile across the globe. This is why I’m taking strategies and models for strategic planning from various companies, industries, and countries. It provides me with a broader view of the global economy and the way the economy evolves. It also shows how companies with similar sizes and industries across diverse countries can be doing different things.
They use entirely different methods of networking, and the ways they establish relationships with clients, investors and their communities, their networks, and their teams in the manner they interact and build trust, as well as build loyalty, is constantly changing. It’s exciting to me.
Through the time of your career thus far, what have you observed as your business strategy evolves?
The first thing to note is that COVID caused the world economy to become sick. Then the different economies became better in their ways. From what I’ve observed as I’ve been monitoring other economies around the globe where I’m currently working, Every economy has had a slight shift.
They weren’t able to return to how they were. Israel is an example. It hasn’t returned to how it used to be Strategical. What’s changed is that many successful individuals in this country are focused on their strategy for business externally. They want to make an enormous dramatic, profound, and significant difference across the globe… But what I don’t find is the companies that are trying to create the same impact in Israel, which isn’t ideal since the majority of countries that follow COVID can repair themselves.
There are some countries that I am very enthusiastic about, such as the UAE and the UAE, particularly the rapid growth they’re experiencing with web3, all connected with the universe and NFTs.
I have been involved in this space for the last year and a half. However, in the past, I’ve changed my life completely to change how we pay our team members, how we deal with payments, and the type of clients we’d like to collaborate with: customers who are open to new opportunities web3 and crypto bring in. If a business has no strategy to deal with which, and even if they don’t see this in their plans, I believe this company may face a problem.
In this regard, blockchain tech and NFTs currently receive an extremely mixed reception in the discourse of the masses. Some have a clear stance opposed. However, some support it, and millions of people are entirely uninterested or unaware of the concept. How do you envision the market evolving? And what modifications must be made to allow the binary opinion about blockchain technology to shift to a broader range of views?
As a scholar of human-computer interaction, I’m sure that everything related to crypto has created a more efficient way to interact financially as I view it. Blockchain has completed a new degree of security for connections and transactions to occur. It’s now easier to transact than before. From an entrepreneurial perspective, the most we need is more development and the use of the software.
The crypto-space is a user-friendly interface, but the experiences of developing relationships and making deals are currently not quite there. It’s what’s on the horizon, and, yes, some people might be nervous about it – however, when I was 13, I was given my first modem and could join the Internet.
In the past, people were terrified of the Internet and didn’t understand what the Internet was. I think we’re traversing the chaos of a new economic system that’s building. I’m thrilled because it’ll provide us with an opportunity to reset our networks of friends and create a new network that will bring us greater freedom, wealth, and more happiness – whatever it is that people would like.
Moving away from cryptocurrency, numerous economic issues are impacting the world, most notably increasing global inflation. What are the best methods for new entrepreneurs and startups that can break into the market with success when the market is in turmoil?
It’s all about what you think about the economy. I don’t think there are any terrible economies. I notice markets evolving; I’m not sure what it is. We’re seeing more people than we did in the past. We have greater access to money than we did in the past. The people have loans available. All is well. It’s time to stop claiming that the economy is terrible. Yes, consumers are spending differently. Therefore, you need to change your marketing strategy! This is why I’m so active, as I help businesses transform their strategies for marketing. The process of changing your marketing strategy is simply changing the way you interact with your network.
I suggest this to entrepreneurs:
- Do not try to do everything by yourself.
- If you’ve got a great idea, don’t just go out and implement it.
- Look for ten companies doing the same thing, although they are small and beginning to grow – and collaborate with them to work together more.
Additionally, determine who your ideal client is. Entrepreneurs must think about, “Who do I truly want to serve as a client and why? And to do that, who do I truly want to partner with? Because I know that I cannot do it alone.” It signifies humility, and many entrepreneurs aren’t highly humble. It took me several successful failures to realize the importance of humility.”
