Tag Archive | "network member"

Develop Your Networking Relationships

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Develop Your Networking Relationships


Business people spend a lot of time networking, some times it is important to slow down and develop relationships with the people that you have added to your network.  In the book “The 29% Solution” by Dr. Ivan R Misner and Michelle Donovan, they discuss tactics for building better relationships with your network members.  The more we get to know our network members the more credibility we build with them.

Here are 5 questions to ask your network member that will allow you to develop a deeper relationship.

1.  What would yo like to accomplish with your business this year?

2.  What are your challenges this year?

3.  What is standing in the way of your meeting yur goals?

4.  How can I help you?

5.  What do yoiu need to help you be successful?

Pay attention to what you hear, make notes and set out to help your network member.  It is important to spend time working on your network instead of doing more networking.  The deeper you develop your network the more valuable it becomes.

Hazel M Walker, owns three award winning franchise’s. She is a 10 year owner of two BNI Franchises where she teaches members how to leverage their time and network to build each others businesses. She is also a Referral Institute franchise owner and teaches Business Owners how to harness the Science of Referrals to develop Referrals for Life. Hazel is a published author in New York Times best sellers Masters of Networking and Masters of Sales. As a member of the National Speakers Association she travels the world speaking to businesses and women’s organizations on the topics of networking to create a life you love.

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Dating and Business Networking

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Dating and Business Networking


Dating and business networking are in essence the same activity, they are both based on relationships that take time to create.  Both require that you take time to nurture and build the relationships to the mutual benefit of both parties.

I had a date with a guy that I had met briefly at a casual fund raising event.  He followed up and ask me out on a date.  I agreed and met him for a drink and a lite meal, all very casual, just as I would the first time that I set down with a fellow network member.   After about 2 hours of very casual conversation about our families, professions and hobbies  and a couple glasses of wine, he leans over and makes the following statement….”How about you and I go out to the car and make out like teenagers.”  When I said no, he called it a night, and has not contacted me again nor I him.   Wow, he completely destroyed his credibility with me.

Unfortunately,   I see this very same thing happen in business networking all the time.  One of the biggest mistakes that net-workers make is trying to rush the relationships.  Much like my date did.

Every relationship goes through a process, in the world of networking it is called the Referral Institute calls it The VCP Process  Here are each of the steps;

Visibility – this is the point in the relationship when you first meet.  You might have a conversation, trade contact information and move on.  This might happen several times.  The key to this level of relationship is that you remember the person.  That’s all, you just have to remember each other in order to have visibility.  There is just some basic knowledge of one another.  This is the phase that my date and I were in, just starting to gain knowledge about one another.

Credibility – this is the second phase of the relationship.  You have met each other several time, you have created trust with one another.  The longer that you know each other, work with each other, support each other the higher the credibility, the deeper the trust.   At this phase of the relationship you and your networking buddy begin help each other.  The relationship continues to grow.   There is trust in the relationships.  This would be the romance phase of the relationship when dating. Hanging out, doing things together and building the relationship that would lead to the next phase of the relationship. Possibly even, “Making out like teenagers.”

Profitability – this is the third phase of the relationship, complete trust in one another, you open your  network and customer database to each other and begin to take a proactive approach to helping each other.  You have a deeper understanding of each others businesses, and know how to develop referrals, connections and open doors for each other.   In the dating world, this could be engagement, moving in with each other, or possible marriage.

Like my date who wanted to go from “Visibility” straight to “High Level Credibility” many net-workers try to do the same thing.  After one or two casual conversation they are asking for referrals and connections before it is appropriate to do so. Or, they meet you and immediately go into a sales pitch, selling to you before they have even had the opportunity to create any kind of a relationship.  Instantly, they destroy their own credibility and lose the opportunity to create what might have been a successful relationship.  All because the rushed the process.

So, in dating and networking, SLOW DOWN, do not try to skip over phases of the relationship building process, take time to create a solid relationship, and don’t ask for something you have not taken the time to earn.

Hazel M Walker, owns three award winning franchise’s. She is a 10 year owner of two BNI Franchises where she teaches members how to leverage their time and network to build each others businesses. She is also a Referral Institute franchise owner and teaches Business Owners how to harness the Science of Referrals to develop Referrals for Life. Hazel is a published author in New York Times best sellers Masters of Networking and Masters of Sales. As a member of the National Speakers Association she travels the world speaking to businesses and women’s organizations on the topics of networking to create a life you love.

Posted in Business 101, Networking, RelationshipsComments (1)

5 Tips on Hosting a Networking Event

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5 Tips on Hosting a Networking Event


Hosting your own event is a great way for you to connect your network.  There is great advantage to hosting private networking events for you and your network.  You want to make sure to make the most of these events.  Here are 5 tips to make sure you are successful.

people networking

people networking

1.  Find a good location.  You want to have a place to host your guest, this can be a restaurant with a private room, your home or another location where

2.  Make a list of the network member whom you want to invite.  I try to make sure that I am putting the right people in the room so that I can introduce them to one another.  I use Evite to send my invitations, this is an on-line invitation that takes your RSVP’s, allows you to read comments and send thank you notes.

3.  Food – this up to you.  What type of event are you having, a private sit down dinner for your guest, or a more casual networking event with finger foods and drinks.  Make sure you know your budget, these do not have to be expensive events.  They can be as simple as cheese & crackers with some wine and soft drinks.

4.  Connecting your members, make sure that you are connecting members to one another.  You are the host and you know who is in the room.  If you are hosting a great event there will be new people as well as some whom already know each other.  One of the things that I often do is tell my guest that their entry requires that they bring someone to the event that I have not met.  This allows new people to be in the room and I have the opportunity to meet some knew people.

5.  Make your event regular and by invitation only.  Soon you will have a buzz of people who will want to attend your events.  My events are once per quarter with the last event of the year being a private Christmas Party.   The purpose of the events that we host are to keep in front of our clients, introduce them to one another, and introduce new people into the group. 

Give some thought to whom you would like to have in the room.  The graduates of our Referral Institute Programs are always invited, then we give thought to whom else will be in the room.  Sometimes we will ask that attendees bring their best customer, bring someone from their network who has never attended before, their boss, or someone that I the hostess, has never met before.  Having a good mix of people who know each other and people who don’t makes for a great networking event.

These event will keep you in touch with your network, keep your network in touch with each other, and allow the network to meet new people whom they may be able to do business with.  So, next year, plan some private networking events for yourself and your network.

Hazel  owns and operates a franchisee of Referral Institute, a worldwide referral marketing training organization. As a Master Trainer, Hazel provides business-expansion expertise to entrepreneurs and corporations by teaching business professionals comprehensive referral marketing stratagem. In 2006, her franchise earned both the Top-Grossing Franchise award and the honor of hosting the Referral Institute International Conference.

 

Posted in Business 101, Career, Home Business, NetworkingComments (0)

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