An E-Zine of

May, 2005
 
 
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My Networking Isn't Working
90 Day Challenge
It's Really a Good Thing...
Business Cards
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small office productivity tip
Learn to Say "No" -- Then Say It!

Simply saying "No" can shave hours off the time you spend at work and away from family and friends. Friends, family, neighbors and business associates can, inadvertently, keep you from getting the work done in fulfillment of your goals.

Be ruthless and rigorous in evaluating the time you spend in idle conversations, in non-productive meetings and in organizations that, while you're working them to the fullest, aren't producing results. If it isn't working, you can, of course, keep doing what you're doing, but you can also do it differently or not at all.

 

may reading
Get More Referrals Now. Kind of says it all. Check this book out for ideas you can use to generate powerful, mutually-beneficial referral relationships.

Blog this Book...

 

 
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My Networking Isn't Working...It's Just Work

Two sets of computers are set up to "talk" together, and no: this is not the start of a bad joke. One set, wired as master-slave works about as you'd imagine: the master computer has access to files, hardware and programs on the slave computer. The slave gets little if any benefit from its relationship to the master. Now take a look at another set of computers connected as peer-to-peer. They share resources -- files, programs and hardware --  and the sharing of those resources is mutually beneficial. Further each computer's owner decides how much or how little the other computer gets access to.

Business networking, unfortunately, looks a whole lot more like master-slave than peer-to-peer with one person vying to gain as much benefit from another person as possible without giving anything up. We've al seen them: the networking sharks. They stroll right up to you and try to sell you and when they can't, they drop you without so much as an insincere attempt at asking you what you do and who you are as a person.

You come home late, having eaten suspect chicken wings, with a handful of business cards and thinking, tiredly, of having to get up the next morning and do it all over again.

Stop networking

Most of us don't know who we're going to the chamber after hours or other "networking events" to meet. We're just looking to collect as many business cards as possible. We'll cold call them later, send them information they didn't ask for, put them on an internet newsletter we didn't get permission to put them on or put those cards in a drawer (until we have more time). Business networking is pointless if you're unclear who you need to meet to further your business. For example: a financial planner may enjoy his conversations with other members of his profession and may think the water purification person could make a great customer one day, but if he goes out with the purpose of meeting people who could best help him and knows lots of his potential customers, say an attorney who specializes in wills and trusts (and knows lots of people with retirement savings and inheritances to manage), he could be "in like Flynn" (whatever that means).

Stop Selling When Networking

Try this on: when you network, your job is to meet people who can best help you find lots of future customers or to find people who you can best help (who, in turn, will have a great incentive to see you win). When you go "networking" looking for customers, what you're really doing is prospecting. Remember what I said about why people are at those networking events?

Repeat after me: "They're not looking to buy." As a speaker at one "networking event," I asked who was in attendance came because they were looking to make a purchase -- lipstick, copiers, financial plans, anything? Virtually no takers. When I asked, however, who was in the room looking to find someone ready to purchase or to whom they could sell -- almost everyone. This disconnect between intentions is striking. if people there are interested in finding people ready to buy and the targets of their attentions are also looking for the same thing. What can people do effectively? They can go to these events to look for people with whom they can build mutually-beneficial relationships.

Know What You Want Before You Get There

While you can just go and "wing it," it's a better use of you time and you sound more capable when you know exactly who you want to meet

Pick key networking events and attend them regularly. Marketing experts like Leighton Haynes of Twin Phoenix Marketing, will tell you that you start to attain object permanence after about 7 iterations -- they need to see your card, your newsletter, you seven times or so for you to gain credibility. You may know what you want before you get there, but it will be pointless to go and ask people to do business with you if they haven't' gotten the chance to get to know, like and trust you.

Connect with the Competition

Don't overlook congenial contact with your direct competition when you're out meeting new people. More and more companies are looking for talented people to subcontract work to when they're overloaded or may be interested in forming a consortium or affiliate group. Consider what you might be comfortable with beforehand, then see what opportunities your relationship-building generates.

Now, Who Are You Again?

Follow-up. Follow-up. Follow-up. Within about two business days, new contacts aren't quite sure who you are when you call to reconnect. A brief email or note sent the same day or early the next after an event, keeps you "top-of-mind." Personal notes work very well, as long as they're received in a timely way. I keep a book of postcards and stamps in my briefcase and send notes in many cases as I'm leaving an event or follow-up meeting. Its a small courtesy that makes a difference. Try to refrain from putting in a solicitation in your note. Remember: they didn't come to that event looking to be sold to, so send them your collateral information only when they've expressed interest in receiving it.

When calling to schedule a time to meet and talk further, know not only how they can help you -- that's the easy, low-hanging fruit. Think about how you may be able to help that other person. When you meet, you can discuss your mutual needs and begin strategizing on ways you can help each other. Begin to establish trust and respect and don't try to get everything done in one meeting. Leave them a little hungry to talk with you further.

Networking No-No's

Post Networking Newsletters: Ask permission to put a new business acquaintance on your newsletter list. Spam, no matter how its served, is still spam (and no, Dad, sautéing Spam with maple flavoring didn't fool us kids for a moment). Instead send them an email note thanking them for taking the time to talk with you at the event and give them a link to your newsletter and it's opt-in link. Let it be their choice. Think about it: if you've just met them and are thinking to send them your newsletter, so did every other enterprising person there. Some associates I know, shred the business cards of those who break this cardinal rule.

Leave your Game Face in the Car: People want to do business with people who are credible and, frankly, interesting. This doesn't mean that you have to appear a certain way to be considered credible. One company for which I worked, offered its key people smile and handshake training (I left shortly after that), thinking that a gleaming smile and a firm handshake would lull people into ignoring broken promises and missed deadlines. Try this: be someone worth finding -- a person who keeps her word everywhere, who's sincerely interested in others and wanting to make a difference.

Want to talk with Lalita, a Certified Referral Coach and Trainer, to see how she can help you get more worth out of your networking as well as help you build your business? Call for a complimentary evaluation session

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