#TapTip: Importance of goal setting for decision making

Here’s a #TapTip vlog about the importance of setting goals in order to compare your decision outcomes with what you need to achieve according to your plan.

Posted by: Yael Tamar Greenberg


The article about Cassanova McKinsey can be found here.
   
tapTank is a platform to manage goals, achieve & stay motivated with a little help from your friends. Friends that achieve together grow together.

Sign up to be an early adopter here:
www.taptank.com/alphainvite

More of us on the web:
http://www.facebook.com/tapTank
Follow us on Twitter at http://twitter.com/TapTank
On linkedIn: http://www.linkedin.com/company/2262377

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“The 10K hour rule” : if you want to achieve, spend 10K hours at it

Key to success in any field is, to a large extent, a matter of practicing a specific task for a total of around 10,000 hours.

By Yael Tamar

In his book, Outliers, Malcolm Gladwell builds an impressive case of why very talented people succeeded. He uses examples of famous composers, musicians and scientists to show that it was not by talent alone that they got to being incredibly good at something. 

He calculated that one needs to work on something for about 20 hours of work a week for 10 years in order to convert your “talent” to greatness. In other words, talent is simply “practice makes it perfect.”

Some examples that Gladwell gives are the Beatles, who before becoming the most popular band in the world logged more than 10,000 hours of playing on stage in a German bar (over four years, sometimes 10 hours a day), an experience to which other bands could not come near.

Another example is Bill Gates, who by sheer luck had logged in more than 10,000 hours of programming by the time he dropped out of Harvard.

Of course these historical examples have to do a great deal with opportunities. The Beatles got invited to perform at the German club and Bill Gates lucked out to be one of the 50 guys in the world (allegedly) who had an unlimited access to a computer at the time he grew up in.

However, opportunities present themselves all the time. We just have to have an eye for them and work hard logging in hours at something we want to be great at.

And this is good news for most of us!

Start planning your achievement today, sign up for http://taptank.com

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#TapTime with: Daniel Feldman, #SocialMedia Manager of @Waze

Author: Farhana Rahman

Daniel Feldman  TapTime with: Daniel Feldman, Social Media Manager of @Waze

You can tap Daniel for: Customer engagement advice, help building a fantasy football team. I’m going to tap him for Hebrew lessons.


Daniel will tap you for: Networking purposes

Where do I start talking about Daniel? He’s one of those personalities that makes look forward to getting on Twitter. When asked of his interests, Daniel responded, “I play squash, fantasy football, cook, go salsa dancing and study for an MA degree in conflict research resolution and management. I also work at Waze which is an amazing, top of the line startup. Shameless plug: For those who aren’t familiar with Waze, its a free GPS application that routes you around traffic http://www.waze.com

Daniel landed his first position in Social Media in 2008, ‘before anyone even knew what social media was,’ while living in Israel and seeking a position as an English teacher. He originally used social media to keep in touch with his friends. As time went on, he used it to “keep up with my interests, get useful ideas that I can use at my company, as well as make connections that could serve me well in the future.”

He also likes connecting with people of positions similar to his, such as: Liz Heron (Social Media editor at New York times), Meghan Peters (community manager at Mashable) and Martin Beck (Social Media/Reader engagement at LA times). In approaching people of such influence, Daniel simply tweets them with direct questions, and comments.

Most of Daniels connections are in the U.S, Canada, Israel, Taiwan, the U.K, Hungary, and Australia. But from what I have seen, he really has ‘em all over. Feel free to reach out to him through Waze, or his personal Twitter handle.

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Hand Out Those Business Cards in a Natural Way

Author: Farhana Rahman

The biggest rule-of-thumb when it comes to handing out business cards is to not hand them out like playing cards. Presentation is key. That doesn’t mean presenting your card on a mini silver platter though! If handling a small number of cards, you don’t even need a business card holder, so long as your cards are easily accessible, and neat. Also-do make an impression in your delivery. Show your personality, and add a humanistic element to your card.

I like to perk myself up before handing one of my cards over to a person-of-interest, and I like to come off as a personable professional, rather than a pitchy annoyance. Below is one approach I take. Works very well for me:

Clearly you could see that I am being personable and professional- not pitchy or ridiculously fake. People love praise, so praise them. Let it all come naturally, because the whole point of exchanging business cards is in the prospect to have a professional future with the contact.

One thing I learned the hard way: Business cards- never leave home without ‘em!

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#TapTime with: @AboutDotCom #Video Producer: @Pelpina Trip

Author: Farhana Rahman

TapTime with: About.com Video Producer: Pelpina Trip

Pelpina Trip

You can tap Pelpina for: Production and hosting of videos, host events, conduct presentations, help with brand awareness, review products/websites on video, etc.

Pelpina will tap you for:
“I would love to help with a company or product’s brand awareness if someone wants to talk about their social media/marketing/PR expertise on video with me (Skype works), and I would love to teach you Dutch over Skype if you can create a cool Twitter background for me!”


I must say, Pelpina is as close to ‘Superwoman’ status as a woman can get. She’s smart as a whip, oozes with intelligence, has an endless list of accomplishments, is a proud mother, and is super humble! And she’s also very pretty. :-)

Pelpina first gave social media a try after she noticed a co-worker checking out ‘The Facebook’ in early 2005. Like many of us, she hesitated to join, but got addicted within weeks. As she continued using it, she came to realize that social media than sharing photos and funny websites, “Reading stories in the news about the impact of social media on politics in other countries truly made me think about social media’s influence. And when I was an intern at a local TV news station, I decided to give it a serious try. I worked my way up, became a web producer, and within months - became their social media reporter.”

While holding that post, Pelpina turned to social media “to find interesting stories, connect to people, and build a network of social media professionals.” This led to her finding her next job, as the host/producer of WebBeat.TV. She loves connecting with anyone who uses social media to benefit themselves and others in a positive manner, typically entrepreneurs, internet influencers, and social media professionals/techies such as bloggers, podcasters, and video producers.

Feel free to connect with Pelpina on Google Plus, Twitter, and Facebook. You can come back to me anytime, to tell me I was right about the ‘superwoman’ part.
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Someone just launched your product. Close up shop?

By Yael Tamar

So you have an idea for a great product. You’ve been obsessing over it for some time now; and not only that, you’ve been working on it full time. You’re an entrepreneur…

And then one day a friend sends you an article that [Insert company name here, e.g. Google, Facebook or smaller players] has just launched something very similar to what you thought was going to make you rich. 

Do you close up shop and go back to your full-time job?

The answer is, not so quickly. Remember, competition is a good thing. I am sure [Insert company name here, e.g. Google, Facebook or smaller players] is not the only one who has a similar idea to yours. 

The way it works is when you create an initial offering, you initially guess what people will need or like. However, users will dictate to you eventually what they really need and want. 

That’s why companies do what they call a Beta with their new product. They monitor users’ behavior for a few months to see whether the product has answered the need those users have. 

You run several pilots to cover all kinds of users to see which kind of products or services that you offer are in the highest demand. 

After 6 to 12 months of such testing, you evaluate and streamline our activities using a 80/20 principle - which 20% of activities you provided brought 80% of the revenues and then you focus on those activities. 

Let’s assume that [Insert company name here, e.g. Google, Facebook or smaller players] is really top-notch in a specific area of operation and covers the whole nation geographically. Then if you fail to offer added value to users in that area and your potential users chose not to use your service or rate it badly, you will not offer that service and focus on more profitable activities.

However, this is not the most likely outcome at all! OK, maybe statistically, it is, but if you take different measures and steps to be a successful startup (Example: Lean Startup methodology created by Eric Preis), then statistics are on your side. 

The more you try, the higher is the probability you will succeed. That’s why the most successful entrepreneurs are the most persistent ones. 

Good luck!

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Approach Successful People with Ease!

Author: Farhana Rahman

Are you one of the many people who feel a degree of intimidation in approaching successful people? This could include anyone… a superior at work, management of an establishment, affluent people with a high level of influence, etc.

Personally I’m not afraid to approach these people, because of a little outlook that I taught myself. Works great for me! Allow me to explain in the video below:

In addition to treating successful people as… people, you can’t allow yourself to worry about making the other person ‘like’ you. We all have a lot to learn from each other, so allow your confidence to shine through in a personable manner. Talk about what the person would find useful and fascinating, don’t just throw a bunch of trigger words at them (that’s annoying.)

It’s understandable that you wouldn’t want to risk losing what could be a valuable relationship. Even so, what really matters is making an impression. That’s what plants the seed. Even if you flub here and there, you can redeem yourself as you follow-up, because the connection has been made, and the seed has been planted.

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#TapTime with #PR & #Media Maven: @SabrinaGFadlun

Author: Farhana Rahman

TapTime with PR & Media Maven: Sabrina G. Fadlun

Sabrina Fadlun


You can tap Sabrina for: Multilingual, PR and media support. She’s also fantastic in editing documents. And oh, she also says, “I can also teach how to cook great Italian home meals once I learn how to do it myself!”

Sabrina would tap you for: Insight on tech, journalism, convos on the arts and movies. Plus points for anyone with a sense of humor!

Sabrina acknowledges that social media is the present and the future. She calls it “the real way of communication and outreach to millions of people all over the world sharing similar passions and interests.” And trust me, she is a fantastic communicator with an outstanding understanding of cultures around the world.

When she first started using social media, Sabrina wished to gain professional contacts. But as she progressed, she came to realize that she was losing sleep from the enjoyment that came with engaging with a multitude of people “despite language, religion, ideology, belief or any other kind of barriers.” Most of this Italian beauties current contacts are in Israel, and are English speakers in their mid-late 30’s.

In addition to collaborating with her on TapTank, be sure to reach out to Sabrina on Twitter, and you’ll see why so many high-profile people in many industries adore her. And here she is on LinkedIn!

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How can you improve negotiation skills by using body language cues?

by Yael Tamar

This was one of those pictures that make you grunt and worry that you’ll never get that modeling contract. “Hey, Gil! Could you please take down that awful picture of me? Oh wait, on the second thought…”

On the second thought, leave it. I will use this horrendous piece as an example of how to pick up on body language cues from a person’s body language and how to use it to your advantage.

Right before this picture was taken I was thrown a ball and asked a question. This is a mirror image and so I’m looking to the right as I am responding. I am right handed (as you can see, I caught the ball with the right hand). A right handed person looking to the right while answering is constructing a memory, as opposed to creating a story. At least I am not lying!

The fact that I was looking up means that I was accessing visual information as opposed to auditory or other sensory form.  Basically, me looking up toward my right while holding the ball with my right hand means that I was most likely remembering a past event.

Of course, if you’re a fan of the Lie to Me TV show, you’ll know what I am talking about.

There’s a huge science to picking up cues from body language and how that will take you to another level in negotiations, but we’ll review just a few critical ones here.

1. Visual cues

When you hear a promise or an excuse, look for cues that it’s a genuine one. As you saw above, a right-handed person will look to the right when remembering and to the left when making stuff up. See if they are getting impatient or distracted and if they are looking at their watch or phone. That means you are losing their attention and need to change your pitch/approach.

 

Watch what your counterpart is doing with their body:

folded armsWhere are his/her hands, are they folded?

(They are closed up to your idea.)                                

rubbing hands togetherIs he/she rubbing his/her hands together?

(An indication that they expect to receive something)

rubbing neck embarrassedAre they rubbing their neck?

(They are embarrassed.)

rubbing noseAre they rubbing their nose?

(They are not telling the whole story)

 Are they scratching their head?

 (They really don’t know)

Are they touching their ear?

(They can’t really hear what you say.)

tilting headAre they tilting their head?

(They are interested and contemplative)

2. Gain rapport by imitation

It’s called mirroring in NLP. Try to imitate a person’s style and gesture, but do it subtly. E.g. imitate their tone of voice, speed of speech, posture and quirky movements (e.g. tapping the table with a pen) without being too obvious about it. This will help you get their rapport and then you can lead the dance. You can even try to match their breathing!

You can further correct the “wrong feeling between you” by mirroring, taking the lead of another person’s nervous or hostile motions and gradually reducing them and transforming them to a more friendly approach. 


3. Be on their side, literally

Sit on the same side of the table if possible, and no matter what, don’t sit on the opposite end. Sitting next to each other raises the feeling of a common goal and of a mutual interest.

4. Be genuinely interested

Just like you can pick up on the cues from the body language of others, some people can read you like a book. Make sure you know what you are talking about and exude confidence. Don’t look up or to the side when answering a question and keep your own position is as open as possible. Show that you’re interested in the other person and be as much engaged as possible. For me, I find it easy to keep repeating the phrase in my head: “I’m going to close this deal” or “They are going to love me” during the meeting.  


Tune in as we’ll be giving more advice on how to gain rapport and use body language cues in negotiation


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#TapTime with: #Entrepreneur & Buff of Finer Things in Life, Lori Lewis

Author: Farhana Rahman

TapTime with: Entrepreneur & Buff of Finer Things in Life, Lori Lewis


You can tap Lori for: Assisting charities through Social Media. She is always willing to help out a great deal, and rarely asks for anything in return.

Lori would tap you for:
Making connections to add to her tribe of people that appreciate the performing and visual arts. She also wants to be connected to people that love food, wine, and travel. But no snobs please- only average people! She also would love to connect with writers and photographers for her site.

Lori Lewis is the founder, and owner of everydayopera.com. It is an online magazine and 24-hr podcast that features food wine and travel. Celebs in each of those fields frequently pop in (she’s just so well-connected like that!) Her friend, Michael Sean Wright of Nice Fish Films previously worked with her in radio. They wanted to bring the world of finer things together by building a platform. Michael came up with the name, and designed the blog.

Lori feels that “social media is the best thing in the world. now I can Skype with people overseas, the reach is worldwide- not just people in the country. Many people became real friends.” She is not afraid of approaching anyone famous, or execs, “…cause I’m excited about what they are doing, and what I am going. I rarely have anyone not respond to me.” Lori’s background in media helps her quickly identify her tribes. She believes that you should talk 80% about others, and 20% about yourself.

Her secret to approaching persons-of-interest is to do so the old-fashioned way: call them directly. It’s particularly easy for her to approach people in the music industry because she was in radio, so it’s easy to call other radio stations. Meeting people in person is the most important thing to Lori. She absolutely enjoys collaborating with people she met through social networks, that sense of unity and everyone helping each other out is very gratifying. She’s on the computer at least 12 hours a day!
What I personally appreciate most about Lori is that she treats up-and-coming artists with the same level of respect as established artists. That’s a rare find for someone as connected and sought-after as she is. Connect with her on Twitter, and you totally have to check out her site (I know I felt a little smarter and more refined after my first few visits!)
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#TapTime with: #Master of #Marketing: Gary J. Nix- @Mr_McFly

Author: Farhana Rahman

TapTime with: Master of Marketing: Gary J. Nix (@Mr_McFly)



You can tap Gary for:
 Marketing strategy tips. He also has a fantastic sense of humor that is known to perk people up!

Gary will tap you for: Strong connections and good conversations.


Aside from being a Global Influencer, Gary J. Nix is a high ranking MIB Agent and an Online Marketing Specialist for a Digital Marketing & Design agency.

Gary has been known to be an early adopter evidenced by my days of using IRC, ICQ, AOL Chatrooms on dialup, BlackPlanet, etc.—all of which can easily be considered prevenient forms of social media. He additionally taught himself HTML to learn how to create, design and deploy effective email marketing campaigns. In turn, meshing social media into his work seemed natural.
He originally sought networking and learning/teaching opportunities through social media. He told us, “You never know who you’ll meet in life’s travels and social media clearly expands on that hypothesis. Global Influence and its upcoming, subsequent world domination are cheerfully gained byproducts.”

As he continued using social media, his goals have not shifted. In fact, the opportunities to influence and be influenced have grown virtually exponentially. Valuable information is easier to obtain, or at least accessible in a swifter manner than before. You will find Gary in Twitter chats such as #brandchat. He believes that “conversing with others is an absolute social act.”


Check out these 3 links Gary suggests you check out:
 
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Crowdsourcing: An Entrepreneurs Best Friend

Author: Farhana Rahman

The dictionary definition of ‘crowdsource’ is to outsource work to an unspecified group of people, typically by making an appeal to the general public on the Internet.

This is a common practice amongst entrepreneurs of any level, because sometimes they simply don’t have the time to complete tasks, or aren’t capable of completing tasks on their own.

First-time entrepreneurs can easily make their loads lighter with the help of a crowd! From coming up with catchy names or slogans for your new venture, to the creation of logos or compilation and editing of videos- the possibilities of what can be achieved through crowdsourcing are endless.

According to Astrophysicist Chris Lintott, there are three surprise perks that he noticed came along with his projects: 1) Crowdsourcing led to serendipitous discovery. 2) Crowdsourcing led to impromptu collaboration amongst strangers. 3) Crowdsourcing kept people engaged with the project. 

But think about it, there are just so many other perks to it! Through crowdsourcing, there is a huge pool of talent working on the side of the entrepreneur- and in record time! Plus, there costs get cut dramatically because large projects get broken down into much smaller groups- and because of that you can make sure that only the cream-of-the-crop tackles your tasks.

Have you ever crowdsourced? What are your thoughts on it?

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What can you learn about getting along with your cofounders from a penguin?

Which mechanisms you can employ when creating a startup with others and how can you deal with any arising problems through perspective you learn from a penguin. 

Posted by Yael Tamar Greenberg

Let’s start with a joke I heard this week*:

A man was walking down the road with a penguin when a policeman saw them and approached the man. 

“Take that penguin to the zoo.”
“Do I have to?”
“Take that penguin to the zoo now!”
“Oh all right then”.

So the man and the penguin head off to the zoo.
 

The next day the policeman sees the man and the penguin going down the same road again and gets very cross.

“I thought I told you to take that penguin to the zoo.”
“I did. Yesterday we went to the zoo, today we’re going to the cinema.

___________________________

Before you hear the ending of the joke, you think, “What a dumb ass; why didn’t he take the penguin to the zoo? And don’t penguins need snow to survive?”

Apparently though, it happens to the best of us. We all walk around with a penguin of sorts. And when someone else tells us to put it where it belongs, we think they mean something entirely different. And that’s when it all starts. The inevitable cofounder argument.

More than 90% of startups fail, due primarily to self-destruction rather than competition. For the less than 10% of startups that do succeed, most encounter several near death experiences along the way**. One of the leading causes of startup self destruction is fights between founders, which are surprisingly common***.

Most of the fights happen because of the people involved and, let’s face it, their egos. Everyone is looking at the situation from their own perspective, and for many of us, it’s difficult to look a situation from any point of view but ours. At times when it seems that we had agreed to take that penguin to the zoo, the next day the penguin strikes again because we all meant something entirely different while talking about the same thing.

Cofounder disputes are inevitable. Don’t think that you are immune because you communicate well at the beginning or you’re best of friends. As stress increases, and trust me, it will increase, your relationship with your cofounders may escalate to become one of the prominent challenges your startup will face. That’s one of the reasons why it’s advisable not to start a business with your best friend. As they say, diversify, because you only have one best friend.  Nevertheless, you can minimize the risks and the effects of cofounder arguments, and you can certainly ensure that they will not kill your company. 

Here are some tips to minimize the cofounder drama and avert its deadly grip:

1. Chose your cofounders carefully and wisely

Don’t start a company with someone you dislike just because they have a skill you need. Don’t start it with your best friend because you feel they may want to feel left out. Don’t start a company with anyone you have some misgivings about hoping that it will be alright.

2. Don’t split the equity equally

This kills startups because they don’t have a clear leader, and because the cofounders are afraid to enter arguments to start with.

3. Match expectations of each cofounder

Make sure everyone knows what they are expected to be doing, how much work is required of them and how long they are expected to work before they may start getting paid.

4. Prepare the cofounders to face the challenges of being a part of a startup

Startups experience ups and downs all the time. Some of us may enjoy getting a stochastic adrenalin rush while others may get really frustrated. Make sure your cofounders have entrepreneurial outlook and are ready to face challenges.

5. Don’t vest all equity upfront

pivot startup quora cartoon

   

Make sure to have share vesting based upon time milestones (e.g. 10% after 6 months of involvement and then quarterly vesting of the rest of the shares over the next three years) and have everyone sign a share repurchase agreement allowing the company to repurchase the shares from a founder upon leaf.  

6. Make sure the cofounders are aware that you will pivot your idea

Some cofounders become very attached to the original idea and may not like it when, upon feedback from people in the industry such as investors, mentors, users and other entrepreneurs, the idea may change anywhere from “slightly” to 180 degrees.

7. Learn to see the world through your cofounder’s eyes

duel rock paper scissors


Finally, when you do experience an argument, in the same way as if you were a married couple (or a ménage-a-troi?), try to see the situation from the other person’s point of view.

A relationship with a cofounder is very similar to a marriage:

@ If you like your cofounders, you stay together till death does you apart (or at least until the exit) and there’s just not an option of divorce (a cofounder leaving).

 

@ And because you have gone through steps 1-6, there’s no way you have the case of a bad co-founder on your hand.

Doing the dishes is very much a drag, and you fight every night about who will do it. One of you is not pulling enough weight. It’s a given in any human relationship.

Nevertheless, at times of argument, try to view the situation from your cofounders’ perspective, e.g. where they are coming from and why they think the way they do.  

Then try to convince them to go your way by giving them proper credit, respect and agreeing to take most of the responsibility for implementing new ideas. Any relationship crisis, at home or at your startup, could be solved with the same simple tactics that start with perspective.

And on that we’ll be talking in a separate blog. Stay tuned!

____________________________________________

* I’d like to thank Halit Lichtenson, a startup coach of Savyon, Israel, and the CEO of Myway.biz, for telling the penguin joke during a group coaching session at the Gvahim Accelerator.

** It’s Not How Big It Is, it’s How Well It Performs

 http://steveblank.com/

*** 18 Mistakes that kill startups http://www.paulgraham.com/startupmistakes.html

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#TapTime with the #Entrepreneurs Behind @Rawporter!

Author: Farhana Rahman

TapTime with: The Entrepreneurs Behind @Rawporter (Learn more of their raw news app here!)



You can tap the men behind Rawporter for: marketing, branding, and design help. They can also help advise you on how to make new connections to open new doors, and on how to work with different frameworks. One of them even volunteers to teach kayaking!

The men behind Rawporter would tap you for:
feedback on their free app, and connections with other people who would be interested to download it.

The co-founders of Rawporter spend the bulk of their time keeping up with the hustle and bustle that comes along with enhancing their recently launched app. They consistently make sure that the beta is polished and functioning properly while working on adding to their user base. They are consistently planning for the future, because they know that it is just one thing to just build a product, but they go an extra mile by doing a lot of research, and working off of user feedback. A lot of feedback from immediate network circle.

The founder of Rawporter, Kevin Davis, took his first jab at social media when his younger brother introduced him to Friendster. Kevin found it interesting and automatically knew it was something that would stick around and get increasingly popular. Kevin originally depended on social media to share things with his family members, and slowly gain popularity. Co-founder Rob Gaige originally heard about people using social media from a marketing perspective. He independently researched peoples trends, to make his marketing approaches more current and real. Rob started connecting with professionals to build a larger user base. Kevin and Rob, as well as their developer Michael Robinson, acknowledge that Facebook, LinkedIn and Twitter serve different purposes. They turn to LinkedIn for media connections, Twitter to reach out to large masses of people, and Facebook to create stronger bonds with their followers and cultivating relationships.

The men of Rawporter noticed that a large amount of people enthusiastic about their app hail from the music and entertainment industries. Bearing that in mind, they envision themselves cultivating relationships with them through our service for additional exposure, and for crowd sourcing. They admire the fact that their users collectively have many diverse interests, and seek many ways to cater to them.

Rawporter is always happy to connect and engage with people through their Facebook, LinkedIn and Twitter accounts. And iPhone users- don’t forget to download their app!
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