Spray and Pray Networkingstring(25) "Spray and Pray Networking"

August 26, 2013
, , , , Marketing/Sales, Networking, Networking Prep, Networking Tactics, Referrals, Relationships, Sales, Strategy, Success, System 13

An associate of mine once told me about an interesting experience she had when she struck up a conversation with a woman at a networking function.  When the woman asked my associate what she did for a living, my associate explained that she  helps small business owners build their businesses through networking and referrals.  The woman smiled quite confidently and said, “I’m a business owner myself and I’m actually really good at networking!  I’ve been doing it for a long, long time.”

This, of course, ignited my associate’s interest so she said to the woman, “I’m always interested in the tactics of successful networkers; do you mind if I ask you what your secret is?”  The woman flashed a self-satisfied smirk, stood up straight with an air of accomplishment, and said, “Well, I always make sure to go to networking functions with a friend and when we enter the room we draw an imaginary line right down the middle.  If my friend takes the right side, I take the left side and vice versa.    Once we each choose the side of the room we’re going to cover, we agree to meet back together at a certain time, and then we spend the entire time networking only on our individual side of the room trying to gather as many business cards as possible.  When the time comes for us to reconvene with each other, we compare how many business cards we each collected and whoever has the least is the loser so they then have to buy lunch for the one who collected the most.”

My associate inquired further, “So what do you do each do with all of the business cards you gather?”  Donning her proud smile yet again, the business woman said, “That’s the beauty of it.  I enter them into my prospect list and begin to send them information about my services!  Since I have all their contact information, I figure why not pitch my services to them–they’re all potentially good prospects, right?”

When my associate told me this story, she was appalled that the woman would network in this way and I wholeheartedly agree that this is NOT an effective way to network.  Instead, it’s a classic example of how some people use networking as a “face-to-face cold-calling” technique which I like to call “spray and pray”–it’s basically just like taking a networking spray can (so to speak) full of meaningless information, dousing the room of people with your spray, and praying that you’ll hit a few people who will respond to the generic concoction you’ve sprayed them with.

Networking is not . . . I repeat NOT . . . about simply gathering contact information and spamming people at a later date.  In reality, that’s nothing more than glorified cold calling–Brrrrr–it gives me the chills!  I used to teach cold calling techniques to business people many, many years ago and though cold calling may work some of the time, I did it long enough to know that I didn’t ever want do it again.  Nearly three decades ago, I decided to devote my entire career to teaching the global business community  that there is a much better way to build long-term business than “spraying and praying”–not only is it better, it is the absolute best way to grow any business–the secret to effective networking and long term business success is investing in strong, mutually beneficial business relationships based on trust.

Have you ever had an experience with someone who adopted the “spray and pray” networking style, or have you ever been a “spray and pray” networker yourself?  If so, please share your story here–I’d love to hear your experiences!

Does Your Networking Group Put Enough Emphasis on Quality?string(58) "Does Your Networking Group Put Enough Emphasis on Quality?"

May 6, 2013
, , , , , , , , Building Relationships, Collaboration, Connections, Givers Gain, Marketing/Sales, Networking, Networking Prep, Networking Tactics, Referrals, Relationships, Success 7

In order for a networking group to be successful and thus ensure optimum networking results for each of its members, the first thing the group needs to do is ensure they are embracing quality.

Embracing quality means being very selective about who you bring into the group.  The only people you should be inviting into the group are quality business professionals who have a positive, supportive attitude and are good at what they do.  If an individual does not meet these criteria, they should not be permitted into the group, period.

Effective networking is dependent on the quality of the relationships are developed within any given networking group, therefore it should go without saying that embracing quality also means building deep relationships among all referral partners in order to generate more referrals.  If your network is a mile wide and an inch deep, you won’t be getting the referrals you expect.

Another aspect of embracing quality is ensuring quality participation which means there absolutely must be accountability within the group.  One of the greatest strengths of a good network is that many of the members are friends.  One of the biggest weaknesses, however, is that . . . well . . . many of the members are friends; friends don’t generally like to hold other friends accountable.  You need to remember, as do your fellow networking group members, that the purpose of your group is not to be a friendship club–your purpose is to be a referral group and in order to generate quality referrals, all members of the group must hold each other accountable for maintaining quality participation.

If you expect the best from your fellow referral partners, you’ll get it.  Likewise, if you expect less than the best from them, you’re guaranteed to get that as well.  Why accept mediocrity when excellence is an option?  Accountability within a group will help all involved to achieve excellence.

The last part of embracing quality is applying the Givers Gain® philosophy within the networking group (i.e., when each member focuses on helping their fellow members achieve goals, gain referrals, and grow business, their fellow members will reciprocate by helping them back in the same way).  The more members who live this philosophy (particularly as it relates to referrals), the more successful a group will be.

How does your networking group currently excel at embracing quality?  Which aspects of embracing quality could your group stand to improve upon?  Please share your thoughts in the comments section and I’ll be more than happy to offer suggested solutions to any challenges your group may be having with putting enough emphasis on quality. Thanks!

Building Your Network Effectively–Where to Start . . .string(60) "Building Your Network Effectively–Where to Start . . ."

January 14, 2013
, , , , , , , , , Building Relationships, Business, Introducing Yourself, Marketing/Sales, Networking, Networking Prep, Networking Tactics 3
If you’re having a hard time building your network because you’re concerned people can’t seem to understand or relate to your business, it’s helpful to remember that before you can begin to network effectively, you need to find a way to explain your business in a way that people will easily understand. 
We ALL need to heed this rule of thumb and be able to clearly and simply communicate what it is that we do by pinpointing key aspects of our business for our potential referral sources.

My advice to anyone confused about how to clearly explain what it is that they do is to ask yourself these questions and write down your answers:

  • Why are you in business (other than to make a living)?  Why do you do what you do?  How does your business serve others?
  • What do you sell?  Most important, what are the benefits—not the features—of your products or services?
  • Who are your customers?  What are your target markets?  Be specific.  Look at all segments of your business to determine the niche or niches you prefer to work with.
  • What are your core competencies, and what do you do best?
  • How well do you compete?  How do you stand out from your competition?

These questions will help you explain what your business is all about, and make you more effective at implementing a comprehensive referral system.  By communicating these aspects of your business to referral sources, they’re learning how they can refer you; and that’s what networking is all about.

Are You Utilizing the Networking Tools at Your Fingertips?string(58) "Are You Utilizing the Networking Tools at Your Fingertips?"

March 29, 2012
, , BNI, Educational Resources, Ivan Misner, Networking, Networking Prep, Networking Tactics, Online Networking, Referral Institute, Referrals, Video Blog 3

In this video, I talk to my friend Vince Vigneri, one of the most effective networkers in the U.S., about the difference between networking and networking effectively.

Vince explains that just because people say they network, it doesn’t mean they network effectively and, often times, their lack of effectiveness can be attributed to the fact that they aren’t using the resources that are right at their fingertips!

Watch the video to find out where to get education on building a powerful personal network, as well as what kind of tools and resources are at your fingertips so you can start networking effectively for real results and stop winging it. 

What tools and resources have you discovered which aren’t mentioned in the video?  Please–by all means–share your discoveries in the comments section below so others can benefit as well!

Do Your One-to-One Networking Meetings Seem Like a Waste of Time?string(65) "Do Your One-to-One Networking Meetings Seem Like a Waste of Time?"

December 22, 2011
, , , , , , , Guest Blog, Networking, Networking Prep, Networking Tactics, Referrals, Video Blog 14

Have you ever heard someone in your network say, “If you don’t do one to ones effectively, you might as well talk to yourself”?  Well, it really is true–if your one-to-one meetings seem more like a waste of time than productive, relationship-building, referral generating sessions that equal time well spent, I highly recommend you watch this fantastic video.

In this short video, Lawrence Conyers of UK based Anson Corporate Media, who is not only an experienced networker but also a gifted and creative photographer, videographer, and artist, demonstrates the actions, behaviors, and strategies that make the difference between one to ones that will take you and your business to new heights of success and one to ones that will take you . . . well . . . nowhere.

Take a few minutes to watch this video (Not only will you learn from it, I’m willing to bet you’ll get a good laugh as well!) and let me know what you think of  it–I think the “Cup of Tea” acrostic is pretty clever and I also realize that now I’ll have to add “great actor” to Lawrence’s list of creative talents! 😉  Also, I’d love to hear about your experiences with one to ones–what tactics have you employed that got great results and what tactics do you think make for a complete waste of time?

To learn more about Lawrence Conyers and Anson Corporate Media, please visit: www.AnsonCorporateMedia.co.uk

If You Don’t Have One, People Could Be Avoiding You . . .string(63) "If You Don’t Have One, People Could Be Avoiding You . . ."

November 10, 2011
, , , , , BNI, Building Relationships, Introducing Yourself, Networking, Networking Prep, Networking Tactics, Video Blog 10

Have you ever been to a networking event and purposely avoided someone you really wanted to talk to because you were embarrassed you couldn’t remember their name?  Well, if you’re not wearing a name badge at networking events, other people could be avoiding you for this very reason!

In this short video, my friend Kevin Barber and I explain why name badges are an extremely important tool for effective networking and why you should always be sure to wear a name badge at networking events.

Do you have an exemplary story that demonstrates how name badges have come in handy for you, or how the lack of a name badge (whether yours or someone else’s) affected your networking?  If so, I’d love to hear it so please share it in the comments section . . .

 

 

Becoming a Notable Networker–Tips and Insightsstring(52) "Becoming a Notable Networker–Tips and Insights"

September 30, 2010
, , , , , , , , , , , , , , , , , , , , , Networking, Networking Prep, Networking Tactics 4

If you really want to succeed at networking, take a look at the following tips and insights:

  • Notable Networkers are people who are skilled at networking and committed to the idea that givers gain. By helping other businesses get new clients or customers, they get new business sent their way.
  • The key to building a word-of-mouth-based business is mutual support, not necessarily friendship.
  • Organizations that network effectively provide opportunities to develop and exchange quality business referrals. Being a member of a well-organized network is like having dozens of salespeople working for you, each referring prospective clients your way.
  • A Notable Networker must have a positive and supportive attitude. Good networking involves providing a positive and supportive environment for other businesspeople.
  • A Notable Networker must have and use the right tools to network skillfully, including an informative name badge, business cards and a business card carrying case to hold others’ cards.
  • Networking is an acquired skill; it requires listening to CDs, reading books and articles, talking to people who network well, and practicing what you’ve learned.
  • Effective networking requires practice, practice, practice–and then more practice.

Is there a bullet point in this list you would like me to expand on? If so, leave a comment and let me know; I’m more than happy to oblige. 🙂

The First Phase of the VCP Process–Visibilitystring(51) "The First Phase of the VCP Process–Visibility"

August 2, 2010
, , , , , , , , , , , , , , , , , Building Relationships, Connections, Credibility, Networking, Networking Prep, Networking Tactics, Profitability, Referrals, Visibility 4

Last week I wrote a blog explaining the VCP Process, which is a huge part of the foundation of networking. Because this process is so crucial to effective networking, I promised to write a blog entry for each of the three phases (visibility, credibility and profitability), and today I’m going to talk about why it all starts with visibility.

The first phase of growing a relationship is visibility: You and another individual become aware of each other.  In business terms, a potential source of referrals or a potential customer becomes aware of the nature of your business–perhaps because of your public relations and advertising efforts, because of your social media presence or perhaps through someone you both know. This person may observe you in the act of conducting business or relating with the people around you. The two of you begin to communicate and establish links–perhaps a question or two over the phone or via e-mail messages about product availability. You may become personally acquainted and work on a first-name basis, but you know little about each other. A combination of many such relationships forms a casual-contact network, a sort of de facto association based on one or more shared interests.

The visibility phase is important because it creates recognition and awareness.  The greater your visibility, the more widely known you will be, the more information you will obtain about others, the more opportunities you will be exposed to, and the greater will be your chances of being accepted by other individuals or groups as someone to whom they can or should refer business.  Visibility must be actively maintained and developed; without it, you cannot move on to the next level, credibility.

I’ll talk more about credibility next week, but it’s important to understand that visibility brings the opportunity to build credibility, and credibility is what will get you to profitability, where you’ll actually benefit from your efforts. So many times people try to jump straight from visibility to profitability, and that’s not real networking; it’s just an obvious ploy to get something from your new contacts. That’s nothing more than a bad attempt at direct selling and a big waste of time.

So, how do you go about creating more visibility for your business? What are some strategies that have really worked out well for you?  I’d love to hear your comments.

Strengthening Relationships with Referral Sourcesstring(49) "Strengthening Relationships with Referral Sources"

July 15, 2010
, , , , , , Building Relationships, Credibility, Networking, Networking Prep, Referrals 10

To be an effective networker, you should always be working on strengthening your relationships with your referral sources.  So, what’s the best way to do this?  It really depends on the referral source and what he or she responds to.

There are a number of actions you can take to build good will and credibility in your relationships, and the list below contains an array of examples.  Of course, this is not an exhaustive list, so you should feel free to add your own actions to it.

  • Send a thank-you card.
  • Send a gift.
  • Call a referral source.
  • Arrange a one-on-one meeting.
  • Extend an invitation.
  • Set up an activity.
  • Offer a referral.
  • Send an article of interest.
  • Arrange a group activity for clients.
  • Nominate a referral source.
  • Display a source’s brochure.
  • Include a source in your newsletter.
  • Arrange a speaking engagement.
  • Invite a source to join your advisory board.

This is an important topic so, in the coming weeks, I’ll be posting a handful of blogs explaining in more detail how to do each of these things effectively. Be sure to come back to find out more about this. In the meantime, I’d love to hear your comments about what actions have been fruitful for you when working on strengthening relationships with your network partners.