Retire Tomorrow, Work From Home
You might have already heard or read such claims but may not have acted on them yet. Well, it’s not your fault as the step to take is a big leap and there needs to be a foolproof plan to ensure at least sustenance after you’ve quit your job. Moreover, despite your qualifications, there’s no guarantee that you’ll get adequate money making opportunities.
What’s Reputation Management?
It’s a known fact that people will hire the most well known plumber and the most highly accredited electrician in times of requirement. Reputation has always been the distinctive factor between earning just enough to meet your ends and building an empire. In today’s digital age, more than your capability, it’s your reputation that decides how much you can earn. This is why all the big companies like Amazon, eBay, Alibaba etc have an inbuilt reputation management system at their core to maintain good business.
Reputation management is nothing but the process of publicizing good feedback and correcting and/or suppressing the negative feelings through sustained efforts. It’s not a new phenomenon and companies as well as individuals have been using it knowingly our unknowingly from times immemorial. However, with the advent of Internet and development of new data analysis techniques, online reputation management has taken the world by the storm.
Need for Online Reputation Management
ORM as it’s commonly called is a procedure involving data monitoring and analysis to provide actionable suggestions for corrective measures to improve your image and undertake effective reputation management.
Unlike its offline counterpart, online reputation management is much more volatile and spreads like a wildfire. This makes it a far more potent tool when handled properly. However, if it’s ignored, the same ORM can lead to defamation of your name through your critics or competitors.
Therefore, this intangible asset has indeed become an inescapable requirement for running a successful business or for making money online as a freelancer working from home.