Networking

First step - Plan Ahead.

The biggest investment you make into networking is your time. And most people don’t budget it adequately to maximize their results. They show up late and leave early. Reverse this - show up early and leave late - and give yourself enough time to connect with people before and after meetings officially start.

Here is a little secret I’m going to share with you that very few people do. Plan and block time to evaluate your results after the meeting.

Was that group a good match for you?
Look through the business cards you collected - did you have an opportunity to really connect with those people?
How will you follow up?

These are just a few questions you should be asking yourself after each meeting. This is just as important as showing up in the first place. Most people skip this step and end up frustrated and overwhelmed because they don’t take the time to “get organized.”

Step number two. Choose wisely where and who you network with.

Again and again people ask me, “There are so many different groups, what are the basic groups and where can I get the biggest bang for a buck?”

First, you have to know that there are no right and wrong groups in general -they are just right or wrong for you.

There are basically four main categories of groups out there:
Professional associations. Most every larger city will have local chapters of organizations that bring together professionals involved in the same trade. Attorneys, Consultants, Contractors, Manufacturers, and so on - all like to hang out together. With a bit of research you can easily find such groups near you.

Non-profit organizations. Personally, I think everyone should be involved in some organization that allows them to give back to community. And there are a lot of good causes to get involved in. This gives you good visibility, and access to other local leaders you might find hard to meet otherwise. Plus - it’s just a good habit to contribute time and money to help others.

While you shouldn’t count on getting business from these groups right away, when you do - it will be worth your while many times over - trust me.

Professional networking meetings. Like those organized by your local Chamber of Commerce or other, privately owned groups. While probably the most popular, these can often be a “total mixed bag”, and unless you have a solid plan to “penetrate” the group fast and position yourself as a highly visible COI (more on that later) you’ll be terribly disappointed with results you get from such groups.

Lead Exchange Groups. These typically allow only one person in each profession and meet regularly only for the sole purpose of exchanging leads with each other. While groups composed of well established professionals can be really effective in cross promoting each other’s businesses, in most lead-exchange groups there just two or three people that end up giving and getting most referrals - and everyone else just isn’t getting it.

Frankly, I think that unless you find a group with really savvy, well-established professionals in it - these groups are totally ineffective for the amount of time and money that you are asked to invest in them. (OK, I can just see the flood of emails on this one from people determined to prove otherwise!)

Finally, remember that depending on your business and who your clients are, your best place to network could be a golf-club membership and weekly round of golf. Or a monthly first class flight from one major city to another. And don’t overlook people who already have you as a client. Hey, I stumbled upon an entirely new niche, simply because my daughters needed braces!

Step number three is to prepare your ABC - and that stands for Audio Business Card

Share This