Ivan Misner: Networking
How Deep Is Your Network?
You have a lot of contacts, but how well do you really know them? Strengthen the relationships you already have and you'll grow a strong network you can always depend on.
By Ivan Misner
| February 24, 2006
URL:
http://www.entrepreneur.com/marketing/networking/article83756.html
Recently someone I barely knew contacted me and asked if I would
promote his business service within my networking organization. I
considered this person a business associate, but definitely not
someone I knew very well. That request made me think about how many
people assume that if they've met you, they can ask for
something that only a close associate would be willing to do.
Master networkers know that having a good contact doesn't
necessarily make someone a good connection. Having run an
international networking organization for more than two decades,
one of the most important things I've learned is that it's
not "what you know," or even "who you know."
It's "how well you know them" that really counts in
building a powerful personal network.
This means your network must not only be broad, it must also be
deep. Unfortunately, I believe most people focus on the broad
aspect more than the deep aspect. In other words, they concentrate
on making more and more contacts hoping to find that one special
person who'll solve their business needs this month.
When developing a reliable and effective network, it's very
important to keep depth in mind as much as breadth! What do I mean
by this? When you need to rely on others to help you out (promote
your program to their client base or cross market your products),
it's critical that you've done the work of strengthening
your connections well in advance of your need.
When you're considering asking someone in your personal
network for a favor, ask yourself if they're a
"contact" or a "connection." In this context, a
contact is someone you know, but with whom you haven't fully
established a strong relationship. On the other hand, a connection
is someone who knows you and trusts you because you've taken
the time to establish credibility with them.
Unrealistic expectations of your network come from trying to
"use" your network for support that your contacts might
not feel you deserve, or feel they have no obligation to provide.
You really do have to earn the loyalty and engagement of your
referral sources. You want your network to have very deep
roots.
In Southern California, we have many huge, tall and lush
eucalyptus trees that topple over fairly easily in heavy winds
almost every year. When they're uprooted and blown over by the
wind, you can see that their root system is broad and wide, but not
very deep at all. Don't let this happen to you! The following
are some tangible ways to deepen the roots of your
network:
- Build quality relationships. Take the time
necessary to deepen the relationships between you and your referral
sources. We're all so driven and pressed for time; but in order
to deepen your networking relationships, you must make the time to
go beyond the normal business interactions with those from whom you
want to be able to ask for support. Invite them to appropriate
social functions, backyard barbecues and sporting events. Get to
know these key people outside of the business environment whenever
possible. The more of a friendship you can count between you, the
more expectations you can both have from each other's
networking efforts.
- Think about where you can network to help build
deep roots. There are the tried-and-true places to network,
such as referral groups, networking mixers, social events and
online networks. I talk about several different types of networks
that you should consider in my article, "Want to Join a Networking Group?."
Remember, however, that it's not enough to just show up; you
must establish credibility with people before you can expect them
to help you in some way. When someone tries to hurry the process,
they tend to hurt relationships--not build their business.
- Change your focus from "what's in it
for me?" to "what can I offer you?" This is
perhaps the most powerful technique for deepening and
widening your networks. When building a deep network, do the things
you can to bring business and contacts to your networking partners.
Share pertinent information with them and invite them to business
meetings that'll position them favorably with others they need
to get to know. Keep in mind that you want to get to the point
where your networking partners know you always have something to
give them. In short, do what it takes to "earn" the help
you might need to ask for down the road. It's no wonder the
most effective and powerful networking entrepreneurs live by the
philosophy that "givers gain."
I hope you're seeing a trend in each of these points. When
deepening your network, you want to focus on giving to your
referral sources. It's that tried-and-true analogy of farming
versus hunting when building a business through word of mouth. Give
your time, give your knowledge, and give what your referral sources
need to succeed. As you develop stronger networking skills,
it's better to put on the farmer's overalls and cultivate
the connections you need to be able to call in support for programs
and products you want to promote.
We all know the best time to plant an oak tree was 25 years ago;
however, the next best time is right now! It's never too late
to change your focus and develop business relationships with very
deep roots--as well as far-reaching breadth.
Dr. Ivan Misner is Entrepreneur.com's "Networking"
columnist and a New York Times bestselling author.
He's also the founder and chairman of BNI, the world's
largest referral organization with thousands of chapters in dozens
of countries around the world. His latest book, Masters of
Success, can be viewed at www.MastersofSuccess.biz.
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