In business are you a puppy with a ball or a dog with a bone?
Watch this video
When you are in business, you need to be like a dog with a bone. Please watch this video to understand what Ivan means.
If you bring people into your network who embrace your core value, you will create an amazing network. Incorporating the philosophy of Givers Gain ® into my organization was one of the things that have really set BNI aside from the other networking groups. We have inculcated this core value into the fabric of BNI. Therefore, “Givers Gain ®” became part of the very DNA of the organization. That is incredibly special.
Years ago, I was sharing those words with a well-known business consultant and friend. He was going to be speaking at a big BNI conference the next day. He listened to me and said, “Oh Ivan, you know that’s not true, am I right? You know that the Founder of every organization thinks that some key philosophy is embraced by most everyone in a company. It is really not so” I told him, “No, it really is inculcated into the DNA of the company. Most everyone knows it in BNI. Don’t believe me – confirm it yourself. Ask your audience about it tomorrow.”
He was astonished and said to me, “Ivan, do you know how incredible it is that almost everyone in an organization at all levels of that organization understand the company’s guiding core value? Do you?
I understand how amazing that is. Therefore, I do not take it for granted. It is one of the things that make BNI special. “Givers Gain®” is BNI’s principle core value. It is based on the age-old concept of “what goes around comes around.” Furthermore, if I help you, you’ll help me – and we’ll all do better as a result of it.
In conclusion, he owed me dinner that night based on a little wager we had.
Weekly networking presentations with LCD’s
It is very important to be prepared to introduce yourself by breaking down your business into your LCD’s (Lowest Common Denominators). Each week, create a business educational curriculum to train your sales force to focus on just ONE aspect of your business.
For example, each week just focus on:
When you want to nail a presentation, start by explaining your lowest common denominators, or the most immediate, universal value of your business. Your LCD is your secret weapon.
Click on the graphic below, or click here, to see this video. Learn more about developing this training approach for your weekly presentations.
There were a fair number networking groups around when I started BNI in 1985. However, they were either really mercenary or too social. I knew the only way BNI could stand out as a networking organization is by having a genuine focus on giving first and getting second.
Years ago, a brand new BNI member shared with his local BNI Director that he had just had an epiphany. “You know,” he said, “this whole concept of Givers Gain, and helping other businesses so they help you, it’s a little bit like taking off your bib and putting on an apron. I have lived my professional career trying to find ways to close deals and get what I want in business by having others help me. I think I’ve missed the point. Networking is really about trying to find ways to help other people. You take off that bib and put on an apron, you help others and they will help you.”
When I started BNI, I focused the meetings on building relationships by helping others first and that’s what the philosophy “Givers Gain” is all about. This philosophy is a standard that we should all apply to ourselves and how we behave with other people, not a stick we use to get someone to do something we think they should be doing. If you bring in other people into your network who embrace and employ this core value, you will create an amazing and powerful network. Therefore, take off that bib and put on an apron!
There are Four Behavioral Styles you will find in others when you are networking. Do you know your behavioral style? Please watch this video to learn about these different styles.
Go-Getters: (Driven, Bold, Decisive, Strong Desire to Lead)
Promoters: (Energetic, Outgoing, Fun-Loving, Positive, Talkative)
Nurturers: (Patient, Helpful, Understanding, Sentimental, Reserved)
Examiners: (Effective, Efficient, Thorough, Research-Oriented)
If you pay careful attention to the behavioral characteristics of others, you will improve how you communicate with them effectively by adapting to their style.
Today the BNI Foundation is supporting the National Education Association’s “Read Across America Day”. Therefore, go find a classroom and volunteer to read a Dr. Seuss story to the students. For example, in this video, I share a story about reading to my kids when they were younger, the Dr. Seuss classic, “And to Think That I Saw It on Mulberry Street“.
Originally published: December 21, 1937
From a mere horse and wagon, young Marco concocts a colorful cast of characters, making Mulberry Street the most interesting location in town. Most noteworthy, Dr. Seuss’s signature rhythmic text, combined with his unmistakable illustrations, will appeal to fans of all ages. Finally, who will cheer when our hero proves that a little imagination can go a very long way. Now over eighty years old, this story is as timeless as ever.
Beth and I own a property management company (this would be a good story to share someday). We’re in Galveston setting up a new property for lease. Therefore, we were walking through a Home Depot to get what we needed to make the property ready to lease. We were walking by these house numbers and out of the blue, she started this video about my first business.
As a 14-year-old, I started my first company to help a neighbor sell his stick-on house numbers he manufactured. I took over his sales of reflective numbers and I hired a sales team. However, I did so well, I made him tired and he consequently went out of business
Please watch this video about how I eventually launched my entrepreneur spirit by the numbers.
The PRICE system is a commonly known management tool for tracking performance in a business context. People who want to track, analyze, and manage their performance or the performance of others can use this system as a tool for accomplishing that. Many members of BNI have asked me about tracking the referrals they receive. The PRICE system can be an excellent tool for you to manage and assess your referrals in BNI. Furthermore, the system can be applied to individual members or the progress of an entire Chapter, whichever you prefer.
PRICE is an acronym for Pinpoint, Record, Involve, Coach, and Evaluate.
Pinpoint – involves determining the general theme(s) of the goals and objectives that you or your Chapter may have. It may be as simple as the total referrals you wish receive. It can however, be more specific by breaking it down into inside or outside referrals (referrals from members or from people that members refer). You can even decide to track referrals by the actual value of the referral.
Record – involves taking your goals and putting them in measurable and observable terms. Measurable terms include things such as quantity, quality, or time frame. This part of the process involves tracking your goals in writing. It requires that you take the actual quantity or value of the goals you have established over a time period that you determine (we recommend one year) and record them as they occur.
Involve – requires clear communication and providing feedback to the other members of your Chapter. Share your PRICE goals or develop Chapter PRICE goals that can be distributed and discussed at the Chapter. Discuss progress over time and make sure to review and discuss your PRICE goals regularly.
Coach – is one of the most important parts of a successful PRICE system. Share your PRICE goals with your local Director. Ask for their feedback. Use the live internet BNI-Yahoo Chat site and bulletin board to get feedback on your program (see page ______ for more details). Ask the Leadership Team of your Chapter for assistance, seek out a mentor from your Chapter to help you (or volunteer to mentor someone else).
Evaluate – involves summarizing the data after a year to take a look at your progress. Make sure to recognize your successes and determine future strategies to improve performance.
The best management tool in the world – is the one that is used regularly. There is no magic to setting and tracking performance. It is accomplished using simple but specific methods that are used consistently. Success is the sum of small efforts that are repeated day in and day out. Tracking your success – is done the same way.
Ivan Misner welcomes you to and officially opens the 2017 International Networking Week with this video. Please share this video in your BNI chapter meetings this week. For more information about International Networking Week, please view our website and watch the video at http://internationalnetworkingweek.com/
Many people offer advice about what it takes to be a great networker (myself amongst them). One thing that is left out of that equation, however, is what other people think about what it takes to be a great networker. Networking involves interacting with others. So what do “they” think it takes to be a great networker? This is important because we all need to be cognizant of other people’s expectations and adjust our behavior accordingly if we want to make the kind of impression that will work to build a powerful personal network.
Recently, I took the opportunity to gather almost 3,400 survey responses from business people around the world. I gave them a list of almost 20 different characteristics on networking and I asked them to pick the top behaviors they’d like to see. From those responses, I have identified the top characteristics of what people believe makes a great networker and have listed them here.
Check out my blog next month for more characteristics of what people believe makes a great networker.
Get every new post delivered to your inbox