VRIN Scoring - Your Success Prediction

Alright guys, today's post is about something I have recently been researching after discovering. There is a measurement concept regarding somebody's success and status that bases the assessment off of four key aspects.

The "VRIN" Score acronym stands for the following four factors of measurement;

1. Value
2. Rarity
3. Inimitable
4. Non-substitutable

Each letter category within the VRIN Score system is out of 10. The higher the number, the better. This means there is a maximum attainable score of 40. If you are scored at 40, you are essentiallty projected to be a billionaire. Somebody such as a minimum wage worker is a 1, or something low and around that lower number range.

So let's start with over-viewing value. Basically, this VRIN category scores your concept or business model based off of the amount of value that it provides to the customer or recipient of the product or service. Also, it's a measurement of the perceived value of the product or service being provided. Having a high perceived value will give a higher score in this category. 

Next, we have rarity. This letter represents how innovating your concept is, and whether or not it is found out in your market already. If you have a high rarity, you are considered the niche authority. Essentially, this means you are the go-to person for your service or product. This is extremely lucrative. Having high rarity is effectively monopolizing your niche and dominating your target market over all competitors.

Third, we have the inimitable rating over your concept. If your product is difficult to replicate or your service is unique in the sense that nobody else can provide it, you also have a boost in the rarity category. But it overall increases your score in the inimitable category because what you are doing has high innovation that nobody else is able to provide to others.

Finally, Non-substitute value. This is an assessment of your competition's ability to provide your service or product, and essentially describes your monopoly value as well. If you are high in this category, that means that your business cannot be replaced by another product or service.

Overall, if you rank highly in each of these categories, your business is in a prime tipping point for massive success. All there is to do is to effectively get your now-prepared and high value, irreplaceable and innovating idea out there and gain sales and establish your brand.

Hopefully this brief assessment of the VRIN Scoring system is beneficial to you all in developing and creating the best and most optimized product or service possible, and that it has provided valuable insight that will further yourself and your business. I hope you have enjoyed! To discuss this further, let's Skype or do a Google Hangout conference, or simply email me at connorjsmithmarketing@gmail.com.

Thanks much!

Introduction to Networking; The Power of People

Throughout the extent of my blogging so far with The Success Blog, I have covered various topics ranging from how to close sales in person or over the phone, CRM systems, the influences to a person's mindset and how it effects their drive, and what categories of people make the most influential impact towards our hustle for success.

Now, I will be delving into Networking, which is a decently broad category of sales and marketing in general that covers interaction between people and how you can benefit from certain interactions, and how to leverage the power of connection to further yourself and make money.

So, please stay tuned with my blog over the duration of the next few days to a week to learn about the power of networking and connections, and how leveraging them properly can cut massive corners with gaining success and shoot you to the top far quicker, bypassing massive obstacles with other's resources otherwise impassable or very difficult and time consuming to overcome. 

"Sometimes it's who you know, not what you know" 

Thanks much! Any questions, shoot over to connorjsmithmarketing@gmail.com.

Overview of www.connormarkets.com

Hello everyone! My name is Connor Smith. This is my personal business website, where I will be posting daily blog posts, tweets, and other content that I create in order to further you all as a business person. 

I will be mentoring the audience of this site on internet marketing concepts and how to drive traffic to any website, how to optimize the conversion rate of that site, and ultimately make sales from that process in the end. Also, I will be posting content very frequently regarding sales and negotiation, as this is the driving force behind any business's success. 

You may have the best website in the world, or the highest quality product or service out there, but without adequate knowledge of sales and marketing and how to effectively negotiate, you'll never acquire clients. 

My goal with this website is to educate and train entrepreneurs, hustlers, or other aspiring business people with the skill set and knowledge necessary to find massive success. Check my blog often for my daily posts! I'll also be releasing high value content for absolutely free to further your knowledge as the blog and my site progresses. 

The first free content that I will be releasing relatively shortly is a vital e-book on boosting your success with Instagram, and how to effectively grow an account and market yourself with it.

Stay tuned, and thank you all so much!