Networking Now:

Growing your business through the power of relationships

By Ivan Misner
The Number One Networking Requirement

So many times, I hear of people joining networking groups and then becoming disillusioned because the referrals don’t immediately start pouring in. The fact is, whatever you pay to join a referral/networking group is only an admission price–it gets you into the room where opportunities may come your way, but it doesn’t entitle you to referrals. It’s not enough to simply show up and participate. You must perform to make the most of these opportunities and new contacts.

Despite the built-in structure and focus on referrals, a strong-contact group member can fail to generate referrals or to receive referrals for himself or herself. Networking skills are the number one requirement for generating more referrals. Being in the setting of a networking group simply makes it easier to use these skills. Simply being a member of a strong-contact group does not entitle you to expect or receive referrals. Nor does being a member of a casual-contact group limit the number of referrals you can generate or receive, if you have the skills and use them.

Develop the skills of a master networker by constantly looking for ways to help or benefit your networking partners and earning a reputation as someone who can get things done, no matter what the organization or situation. For example, one extremely savvy and successful networker I know records the names and cell phone numbers of every member of her networking group, and when new members join, she adds them to her “tele-rolodex” immediately. She has found that she has a better chance of seeing closed business between her contact and the person to whom she makes the referral when she can introduce them immediately–right when she learns her contact’s needs.

For more information on developing the networking skills that will help you make the most of your networking opportunities, click here. For even more on networking skills, click here.

This entry was posted on Tuesday, September 2nd, 2008 at 6:00 am and is filed under Connections, Ivan Misner, Networking, Networking Education, Networking Prep, Referrals. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

5 Responses to “The Number One Networking Requirement”

  1. Bob Nicoll Says:

    Absolutely spot on. Being there is only a part of the journey. Being fully engaged in the process—now that is where the action is!!

  2. Roopa Syed Says:

    So True!!! Just being part of the group wont do the job. you have to provide value to the group and then can ask for the referrals. the law of reciprocity definitely works if done skillfully.

  3. 5 Reasons Why You Should Network « Twin Cities Thursday Happy Hours Says:

    [...] integrity, which are two of the most crucial business traits you can have. Don’t rush into networking as a tool for referrals, if you are able to do it right, the business aspect will [...]

  4. Richer Business At Home Says:

    Right on! This is my case. I use facebook,twitter,google groups and the like. It took me 2 years to finally realise what you say.

    Thanks

    Michel Richer

  5. Narendra Damani Says:

    This is game where one need to have highest level of persevarance.Apart from regular timely attendance one also need to work continously for the group to keep it happening.
    Regards,
    Narendra Damani BNI Awesome Bangalore




Leave a Reply


  • About Me Visit My Site
    BOOKS BY IVAN MISNER
    Discover what Santa Claus, Easter Bunny, and Six Degrees of Separation all have in common! Then learn the 52 Weekly Networking Success Strategies.

    Buy it now at Amazon.com


    Secrets from top sales professionals that will transform you into a world class salesperson.

    Buy it now at Entrepreneur Press.com



    Proven techniques for achieving success in business and life.

    Buy it now at Entrepreneur Press.com




    Get Networking Now via e-mail
    MORE FROM IVAN MISNER
    Share ideas, contacts and, most important, business referrals with the world’s largest business networking organization.
    Visit BNI.com

    The Referral Institute will teach you how to harness the power of word-of-mouth marketing to drive sales.
    Visit Referral Institute.com

    Your resource for information on and about personal and business networking.
    Visit Networking Now.com

    Ivan’s monthly networking column on Entrepreneur.com
    Visit Ivan's Column

  • Recent Comments

  • Categories

  • Archives

  • Top Tags:

    social capital Richard Branson Referral Institute networking Necker Island emotional intelligence degree butterfly effect business networking Brian Tracy BNI >
  • Recent Posts