Tuesday, December 15, 2009

7 Steps to Networking Success

In today's economic climate, networking is an essential activity to maintain your business' viability. When you get out there and meet people, developing deep and lasting relationships, you are insuring your business' client base. It is commonly known that people buy from people that they like and trust; networking is the key to building these quality relationships. So, how do you maximise your networking activities?

1. Think Local

Start your networking activities by attending networking events in your local area. Do not seek to cover all areas; rather develop meaningful relationships in the client area you focus on most. Research your local networking groups and aim to attend a few. When people recognise you are actively engaged in the community and are a familiar face at networking events, they will be more likely to show an interest in you.

2. Be Consistent and Committed

Networking is like building any other relationship; it is achieved through consistency. You will achieve the best results if you make a commitment to attend most, if not all, of the events offered by the networking groups that you join. When you do attend be punctual and be prepared to stay for the duration of the event. A token appearance will not allow you to build meaningful relationships, nor will it make a good impression on the people there.

3. Be Confident

If you have decided to put the time into networking for your business, approach the activity with confidence. You need to be able to actively engage people in conversation, and be confident enough to talk to strangers. The pay-off is that these people won't be strangers for long, and the more you get used to talking to new people the easier it becomes. If you have difficulty with new crowds of people, perhaps consider doing a public speaking course first, or start with a small networking group where you can build your confidence.

4. Be Friendly

When you meet new people, or reconnect with people you have met previously, remember to be friendly and approachable. The key to effective networking is showing an interest in other people; get them to open up and tell you about themselves. It might be a good idea to prepare a few "ice breakers" before you attend an event. You could ask questions about their business, what their business challenges are, and what they like about their job. Ask questions that allow the person to feel comfortable sharing with you and the conversation will then flow naturally.

5. Be Prepared

One of the best things about business networking is that it forces you to think about your business and how you want to be perceived. Before you start networking decide how you want to present your business to people. Think about the future direction of your business and how your new relationships might help you move forward. When you are prepared you can quickly and easily answer other networkers' questions about your business, which will better enable them to refer the right business back to you.

6. Actively Listen

Everyone networks for the greater good of their business. When you actively listen to people you will come away from the event with the right knowledge to make quality referrals. You might have met an accountant at a recent event who spoke to you about his passion for "x". The next day your local "y" says he needs someone to do "x". Because you were actively listening you quickly match up the two and are able to make a referral.

A note of warning here: only refer to people when you feel comfortable doing so. You are not obliged to pass on referrals just because you are part of the same network. This is why building trust and confidence in your fellow networkers is crucial.

7. Follow Up

Do not go to a networking event and then expect things will just happen. Networking is an ongoing activity that needs to be constantly reinforced, just like a personal friendship. If you have permission, you can stay in contact via email. It is also a nice idea to send small cards to thank people for their time speaking with you. If you feel that you would really like to connect with one person in particular, organise a one-on-one with them. Think of a unique and personal way that you can maintain contact with people. But, do not spam people or be too pushy. Remember, you are building a meaningful relationship and the hard sell is the quickest way to ruin that connection.

Happy networking!

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Ho, Ho, Ho! Holiday Networking Can Be Fun - And Fruitful!

If you're looking for a job, you're probably sick of people (like me) telling you how important it is that you diligently work your circle of contacts.

There's nothing wrong with online job listings and recruiters. Sometimes that's exactly what will lead you to your next job. It's a simple fact, though, that your next opportunity is much more likely to come to you via other people. Your network.

Still, you may be feeling like you've tapped that resource dry. You've talked with everyone you can think of and you can only be in touch so much; you don't want to wear out your welcome, so to speak.

And while you've tried to purposefully expand your connections, maybe that process is taking longer than you'd hoped.

If networking has begun to feel like so much heavy lifting, cheer up; you're in midst of networking nirvana...the packed holiday social season!

There's a good chance your calendar is bursting with commitments through the end of the year. Included will be family gatherings, parties with friends and neighbors, receptions at your kid's school... you name it.

But wait! Those aren't exactly gatherings of industry peers.

Exactly.

Holiday parties may be just the ticket when it comes to a whole new source of leads. Think of the people you're going to be rubbing elbows with. Maybe you haven't seen some of them for quite a while. Others might be folks you don't normally think of in the context of your job search.

While you're scoping out the hors d'oeuvres, sipping an eggnog and chatting someone up, get the scoop regarding what's going on at her company. Find out who may be planning to hire in the first quarter. And so on.

You never know who might be the source of valuable information or the conduit for an introduction that could lead to your next opportunity. Talk to everyone.

The added bonus? Holiday parties are festive! People are in a good mood. And people who are in a good mood tend to be more helpful.

So enjoy yourself - circulate - and ask some purposeful questions. You just may walk away with a job lead or two along with some holiday cheer.

Rebecca Metschke helps professionals improve their marketability. The author of The Interview Edge (http://www.TheInterviewEdge.com), a comprehensive career guide to career management, she also writes a daily blog posting strategies, tips and advice for those whose careers are in transition ( http://blog.TheInterviewEdge.com ).

Article Source: http://EzineArticles.com/?expert=Rebecca_Metschke

Small Business Networking Events

Small business networking events can help you find existing opportunities that may not be available through other marketing channels. Taking a consistent and professional approach to networking as part of a long term strategy can help you find out about:

  • What other businesses can do for you.
  • What opportunities exist to sell your products/services.
  • What your competitors are doing.

Many business owners who are new to networking make the mistake of trying to sell to everyone they meet. No-one likes a pushy sales person. If you go to small business networking events with the mindset that you need to sell there and then you are likely to fail.

Network events - insights

  1. The purpose is to leave an impression not to make a sale.
  2. The people you meet are likely to know someone who can benefit can your products/services.
  3. The aim to to build long term relationships. Not to make a quick sale.
  4. Listen to your target market, listen to their needs, then fit your solutions to their business requirements.

Small business networking events can be free of paid for so even startup companies with a tighter budget can attend. That's not to say that some of the paid for events aren't worthwhile either.

Enterprise Network events cover the following areas:

  • Manufacturing Network
  • Finance & Professional Services
  • Technology in Manufacturing
  • Creative & Digital Industries
  • Women in Business
  • Innovation

Enterprise coaches and enterprise hubs also benefit early stage businesses. Growing a business in a recession can be tough but we're all in the same boat to get over to a small business networking event and talk to other business owners.

For further information visit Small Business Networking Events.

Article Source: http://EzineArticles.com/?expert=Michael_J_Greenwood

Business Networking Events For Early Stage Businesses

People make businesses work. Knowing your market is very important and getting to know other business owners is key to success. Making profits involves forming relationships with people who can provide you with opportunities. But it must always be a win win situation. Both parties must get something out of the deal. If your business is one sided, i.e. you take money but don't deliver on expectations, then your business cannot be sustainable.

Growing your business

Recession are tough and it is tempting to cut out your marketing budget. But running a company with no marketing will soon lead to failure. You must speculate to accumulate so sitting in the office and waiting for sales to just roll in rarely works. Maximise on your existing customers by upselling complimentary services but bear in mind that you need new customers too to grow your business. Get out there to your local business networking events particularly if you are a startup business.

Business networking in Barnsley

Barnsley is a small town and reputations spread fast. Getting to know local businesses in your area is a fantastic idea. You never know when someone will need your services. Also, it isn't just about who you meet at business networking events. It's about who they know too.

Making the most out of events in Yorkshire

Yorkshire is a friendly place of business. There's a lot going on in the county and it seems that many people want to be in business there. Lots of networking events exist in Barnsley and the rest of Yorkshire namely the free networks that are setup by Enterprising Barnsley.

Article Source: http://EzineArticles.com/?expert=Michael_J_Greenwood

Build a Small Business Network Or Die

If you are a small business owner, did you know how badly the odds are stacked against you that you will succeed? 16 out of 17 small businesses fail. 95% of small businesses will never reach their 5th birthday. If your business is not already 8 years old, chances are it never will be. So how do you give yourself the edge that all of the other wished for? Build a small business network. Read on to find out more.

The network is the key component that will put your business up there with the ones that have made it. Almost every ultra-successful business owner knows that it's not WHAT you know, but WHO you know. Building a successful business is all about the right connections and being able to admit that we can't do this alone.

It does not matter what business you are in, or whether you only run a web-based company or a physical business. Networking is the key to building a better business above the 95% of the other guys that will never get there. A business network offers unbelievable advantages, from getting specialized mentoring and helping others, to having a nearly-endless stream of qualified customers call you without requiring any advertising to get them.

Networks are built around the idea that you need to give before you can get. Successful member of a network will agree to a code of ethics that everyone will follow. Each member of the network agrees to help any other member in need when that person's skills are required. Having a network at your fingertips is like having the best part of each person's mind available to call on when the specialty needs a solution.

If you need a lawyer, call your legal friend. If someone needs website help, they might call on you. Maybe you need human resources help or the wisdom of someone highly successful. You can also barter for free services by trading your services with someone for something you need. While all of the other businesses are out there floundering and paying full price at the same time, you will have a tight-knit group of people that you can call upon day or night to help solve your problems. You can also use your network as a mastermind group, where you periodically meet to solve a single problem that a member is having. If the whole group puts their mind to a single problem, more can be accomplished that each member working on it alone. Networking is the key to building your business more that you ever thought possible.

Joshua Black is the developer of the Underdog Millionaire's Guide to Networking. This guide gives you over 118 different tips that you can use to build a small business network. Check it out at: http://www.how-to-business-network.com.

Article Source: http://EzineArticles.com/?expert=Joshua_Black

Small Business Networking

The small business network is the single most powerful thing that you can join in order to bring our business to the next level. This group also acts as an insurance policy against disaster. Some business owners do not have time to participate in a full network. Here is an alternative method that you can use to help your business today.

It's called a breakfast club. This is a small networking group of business owners that meets once a week, or once a month for coffee and donuts (or whatever you want to eat). These meetings are not formal, but they do serve a single purpose- to get more business for each of the owners present at the meeting.

The way these meetings work is that the meeting can only consist of members that are non-competing with each other. Perhaps you have a lawyer, a dentist, a plumber, an accountant, and a web designer. Each of these members has their own customer list, but they are not able to provide any of the other services of the other members. During that particular month of business, these business owners will try to find out additional services that their customers may need help with. This allows the business owner to be more full-service for their customers, which is an added bonus and helps keep the customers around longer.

When the owners get together, they swap customer leads with each other. They will explain the needs of each customer and then give the leads to the person that can help them. Now, the new business has a qualified lead, because the original business owner told the person that they had someone that could help them.

The new customer visits the business and is already pre-sold before they even walk in the door. All that the service provider has to do is assure them that they can solve the problem as best as possible and close the deal. There is no cold calling in this situation, because the lead is pre-qualified. This is only one of the benefits of a breakfast club. If you have the time, you can expand it to a full-blown network, capable of many other things. However, if you only have the time to meet once a month, you can still benefit greatly from this small act of lead exchanges. Just think, all you have to do is get a cup of coffee once a month and you can gain thousands of dollars worth of new business.

Joshua Black is the developer of the Underdog Millionaire's Guide to Networking. This guide gives you over 118 different tips that you can use to build a small business network. Check it out at: http://www.how-to-business-network.com.

Article Source: http://EzineArticles.com/?expert=Joshua_Black