This document discusses the importance of networking for entrepreneurs and professionals. It states that networking allows access to new potential clients and opportunities through contacts and introductions. The document recommends greeting new contacts with openness, willingness to help, and offers to stay in touch. Online networking through websites, social media, and video platforms can significantly expand one's network by leveraging the viral sharing of information. Maintaining contacts and using referrals are emphasized as important aspects of networking.
2. Entrepreneurs of the Information Age must build
contacts to survive in this world of intense
competition.
3. This is a lightning fast, changing world. Business is
negotiated in a fraction of a second.
The question is, how does a person that has just
begun a business have access to such
transactions?
5. The average person knows 250 people and each
one of those people knows 250 people. So, for
each new person you meet you gain access to a
potential new group of 62,500 people through one
progression.
6. Mathematical Progression
250 X 250 =
62,500
62,500 X 250 =
5,625,000
5,625,000 X 250 = 3,906,250,000
3,906,250,000 X ……….. WOW!
The entire world’s population is connected
7. We are constantly being introduced to new people
every day. Remember that each one of them
represents 62,500+ potential clients and perhaps
in many countries.
8. Networking is one of the most profitable activities
a person could engage in
9. Simple Rule
Greet each new person with an openness to learn
more about that person, a willingness to help, and
an offer to stay in touch.
10. It pays to network at networking events, and
to keep communication skills sharpened.
11. Networking is a 2 way street you
receive according to what you give
12. Always ask for referrals at the conclusion of a
successful business transaction.
13. There are hundreds of new contacts around you
every day.
Watch for “Divine Appointments.”
Don’t miss opportunities to Network
14. BUSINESS NETWORKING is the process of
creating a mutually beneficial relationship with the
other business people and potential clients.
16. Look for the best Networking Groups. Most of the
good ones operate as exchanges of business
information, ideas and support.
Sofia Business Network http://biznik.com/sofia-bulgaria
Bulgarian Chamber of Commerce http://www.bcci.bg/
17. The power of INTERNET ON-LINE NETWORKING is in
the innate viral effect so unique to the internet.
- Websites
- Twitter
- Facebook
- Linkedin
- Skype
- YouTube
- Messengers
On-line Meetings - Go to meeting.com
- Webinars
18. What is social media?
Social
media includes web sites where the world goes to
find information about things, including your business
Think
of social media free places to advertise your
business
Use
the two most popular sites that have hundreds of
millions of users worldwide: FaceBook and Twitter
19.
Twitter has 500M users
The purpose of Twitter is to communicate to your followers in 140
characters or less
Used to broadcast a “tweet” with current information, and point
people to specific information
Anyone can create a free Twitter account at http://www.twitter.com
20.
Facebook has almost 1 Billion users worldwide
The purpose of Facebook is to share information
Any company can create a free page on Facebook at
http://www.facebook.com/pages/create.php
Example: http://www.facebook.com/starbucks
Example: http://www.facebook.com/mcdonalds
Example: http://www.facebook.com/barackobama
· Use it to communicate with customers, make announcements
· Give readers pointers to other sites, information and pictures
· Have a page for your company, and for individual products
21.
The world’s largest collection of video clips
6 billion hours of video are watched each month
You can create a free YouTube account at
http://www.youtube.com
You can upload videos up to 10-minutes long for
free
22.
An online diary where you write whatever you wish
It can be about your company, your products, your thoughts
You can create a free blog at http://www.wordpress.com
The most viewed blogs are businesses in their own right
HuffingtonPost
TMZ
BusinessInsider
Engadget
Editor's Notes
Over a period of time as they gain experience they become valuable and gain access to invaluable, intangible assets called CONTACTS.
It is rightly said that WHO you know is equally important as what you know.
There is no chance that at least one person out of so many could not be a source of information about a great opportunity. Maybe it is an investment opportunity, maybe a person that could help you to learn a new technique for business or a new client or many new clients.
Like many things networking is something that you can become more proficient at with practice.
It only takes a moment’s conscious decision to become a networker. It does not require more of your time.
All it requires is a slight shift of attitude and to adopt a simple rule.
This approach is equally applicable to every form of networking, whether in business or social contexts.
No matter the encounter takes place in person or, as frequently happens in the Information Age, “ON-LINE.”
Practice making friendly conversation and even if no relationship develops they will remember you as a “nice” person if they are asked about you later.
If you feel you are too busy to go to Network events, then only attend those vital to your professional or business standing.
Take advantage of the opportunities that come your way through “chance” meetings during the normal course of your day.
Believe in “Devine Appointments,” because they happen.
Before you go to a meeting or have an e-mail conversation with a contact, spend 2-3 minutes thinking about what you have to offer and what you want to achieve from the opportunity.
Ask for help as people are less threatened and they don’t feel like you are selling.
In this case you are looking for “quality” of relationship to help achieve your company mission.
You already have the quantity through the 250 X 250 = 62,500 X each new contact method.
One way or the other….
The bottom line of your business can improve almost immediately.
It could be developing a new client relationship or learning a new business skill.
When you are business networking with a group of like minded business people it is an enjoyable and satisfying experience.
When networking, take most of the time to place an effort with people who can help each other out for the LONG TERM.
When networking, take most of the time to place an effort with people who can help each other out for the LONG TERM.
You can join networks that have thousands of members and thousands of new members every week.
You find new contacts through new contacts through new contacts, etc.
The purpose of social media is to share information with other people. It can be personal information like photos or thoughts, or company information about products and services.
Comments: According to Nielsen Ratings data in September 2011, the average US online user spent 30 hours per month online, and almost 8 hours of that was on Facebook. The #2 slot went to AOL with 2 hours 53 minutes per month, and Yahoo was #3 with 2 hours 12 minutes. (link)