“I’ve made millions of dollars through LinkedIn” – Jeff Ragovin, Buddy Media

Our LinkedIn success stories have illuminated previously why it’s important to find the right person at a company. For Jeff Ragovin, doing just that has netted his company “over two to three million dollars”.

“I look at my network on LinkedIn,” Jeff tells us, “And I look at that as a gold mine.” As the VP of Sales and Business Development at Buddy Media, Jeff brings in marquis clients like Anheuser-Busch, Microsoft and New Balance by reaching out to the right person with a valuable proposal. Jeff says they’re more inclined to reply when approached via LinkedIn, because “they already have the opportunity to look you up … and maybe even see in your network where you have 14 recommendations. So there’s trust.” Perhaps that trust is why Jeff likes to keep his network “large but lean”.

“It’s not a numbers game,” Jeff says. “It’s not about how many people can I have in my network. With LinkedIn, it’s about how many qualified people that are valuable to me.” Jeff’s track record suggests that success is found in quality, rather than quantity. Though as quantities go, $2-3 million is nothing to sniff at.

LinkedIn User Snapshot

Who: Jeff Ragovin, VP, Sales and Business Development, Buddy Media (New York, NY)

How: Jeff has brought in “millions of dollars” through LinkedIn by finding the right person at a company to offer a valuable proposal to.

LinkedIn Tip from Jeff

Come recommended and reach out to the right person at the right company:

• Update your professional summary and request recommendations from your LinkedIn contacts who know what you do best
Search for the right person to connect with by job title, company, location or keyword
• Review profiles to see if they’re a fit for your proposal and request an introduction through a common connection, or send an InMail directly to that person

Check out the Learning Center to learn more about using LinkedIn

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comments

  1. Two points I like this post:

    1. “…it’s about how many qualified people that are valuable to me.”
    2. “they already have the opportunity to look you up”

  2. I myself have made millions by trying different lines of business from when I was nineteen years old. It is about starting with a eating place beside highway and then health insurance and building a garment manufacturing business.Success came at real estate business. Now I am engaged in an investment business apart from doing a senior level job in a big company.Target is to make million in every month in near future.Written an ebook on my life How I MADE THE MILLION

  3. [...] Millions with LinkedIn Tuesday, December 9th, 2008 | WebProNews | admin LinkedIn has posted a "success story" about a guy that has used the social network to help him make millions of dollars. It’s [...]

  4. I have just started my own business online, selling computers, hardware and components. i am really struggling with the ‘essence of making it work!’ I to have the determination and the drive to be successful and will do all i can to achieve this. I am in desperate need of advice from people who know what they are doing. I am 18 so have a long time ahead of me to make this work, however am also on a very tight budget! Any advice that anyone who has already made it or are in the process of. would be most gratefully received. you can email me directly at peter_halligan@hotmail.co.uk

    Please feel free to take a look at my site…. http://www.klickcomputers.co.uk

    Thanks in advance

    Regards
    Peter Halligan

  5. Thanks for the recommendations. I will try them with my new security business. I agree, targeting the market is the best way.

  6. I haven’t really been using Linkedin to network. Several months back I signed up because a friend invited me. Via osmosis I have become connected to a small group of colleagues and friends. This post has given reminded me that the simplest things in life are easy to overlook. I am jazzed! I can’t wait to using Linkedin to spread the word about my video email marketing software and training company jiveSYSTEMS (http://www.jivesystems.com).

    Thanks for giving me the insight I needed!

  7. I created a group on LinkedIn for sponsorship and marketing professionals, called Sponsorship Insights. It took off and now has more than 2,000 members from all over the world. The equity that I have earned and the position it provides me as the “thought leader” and “connector” has led me to create a website and blog and change the name of my business. http://www.sponsorshipinsights.com. While I haven’t made my millions yet, the network I have built using this tool and common sense is invaluable.

  8. [...] story has a little more elbow grease to it than others. He cites best practices in the LinkedIn Blog testimonial, and it appears through good LinkedIn networking, sound decision making, and some patience [...]

  9. [...] can you really make money by using LinkedIn?  Check out this great article on LinkedIn’s Blog “I’ve made millions of dollars through LinkedIn”.  You can’t afford not to be in this [...]

  10. Since I’ve been using LinkedIn I’ve been amazed at the results I’ve gotten.

    Like Jeff, LinkedIn has been and continues to be a leading source of new business for my company Bloom Search Marketing Inc.

    I’ve found that participating in LinkedIn Answers by answering questions in my field of expertise has allowed me to help others while showcasing my knowledge of search marketing in front of a wider audience. This one activity alone has provided me with tremendous results by allowing me to connect with interesting people and by directly bringing in new contracts.

    It doesn’t hurt to have people familiar with your work recommend you either!

    Needless to say, putting effort on LinkedIn has been one of the best uses of my time when it comes to growing my business.

  11. This article has opened my eyes to a valuable use of this site. I had never thought of utilizing this site for recommendations. I am excited to add this feature to my career networking. Great article!

  12. Thanks for helping with my investigation on tips & techniques of how to take that next step to profitability using LinkedIn. As a recent member and profitability coach, your experience and wisdom should help my clients tremendously.

    http://www.captureprofits.com

  13. [...] made millions of dollars through LinkedIn” states Jeff Ragovin, Buddy Media. He says it’s important to find the right person at a company. For Jeff, doing [...]

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