making your networking more profitable
Transcription
making your networking more profitable
making your networking more profitable PO Box 693, CLAREMONT WA 6910 ABN 53 080 023 052 Phone: (08) 9284 2464 Mobile: 0413 420 538 Email: gonetworking@iinet.net.au You need to get out there and meet people to generate business…. HOW TO ENJOY AND GET THE MOST OUT OF BUSINESS NETWORKING EVENTS ....by Ron Gibson In business, personal connections are everything. People prefer to do business with those they have previously met or who have been recommended to them by people they know. This is strong incentive for business people and professionals of every kind to build their personal networks. The most successful people in business are invariably the best connected. Having connections makes growing a business so much easier. During a weak economy, the businesses that have built a network survive and prosper when other businesses are struggling. In troubled times people with a strong and expansive network have a circle of people they can call on for referrals and opportunities. To say you don’t have the time to get out there and meet people because you’re busy with work today, means that when you’re not busy tomorrow and you’re looking for business to keep the revenues flowing, you’ll have hard time of making it happen. Why? Because you won’t know enough people to contact and offer your products or services or ask for that introduction to the “buyer” you want to get in front of. One of the best ways to meet people who can help you grow your business is by attending networking events. These might be “after-hours” meetings hosted by your local chamber of commerce, lunches organised by industry groups, business breakfasts and the myriad social functions associated with conferences, seminars, trade shows and so on. Networking at events can open a lot of doors for both yourself and your business. (The good thing about a networking event is the informal and relaxed setting you’re in – it’s an atmosphere where people who might be interested in your business are more comfortable to talk with you because both of you are outside the “buyer/seller” context. When you cold call potential ”buyers” and potential “referral sources” they generally have their defences up because they feel like they are being sold to. What’s more, at a networking event, hard to get to decision makers are free from their gatekeepers who screen their calls and e-mails.) 2 The value of networking events cannot be denied or overlooked as a critical way to meet people who can take your business to the next level. Attending networking events is one thing. But making the most of them is quite another and requires the ability to connect with others and engage them in a way that makes them interested in conversing with you. The questions that you ask, the ideas you bring to the table and your people skills combined with your networking strategy and your willingness to give of yourself first (before you ask for anything) are the fundamentals of what it takes to make solid connections for business. Networking, done rightly, can generate the lion’s share of your business. As you read this article, you will gain insight to my philosophy of networking and get practical, real-world how-to advice on how to make the most of networking events, conferences and other face-to-face opportunities. Advertising, brochures, websites and on-line networking via LinkedIn and Twitter all have a potential role in the growth of your business, but nothing can consistently connect you with prospects and land you new business like face-to-face networking can. Where to go? The best events for networking are the ones your ideal clients/customers and referral sources go to. (There’s an old and true saying in sales and it goes something like this: when you’re hunting elephants, find out where they gather and go there.) Most people in business belong to an industry or trade association. Simply ask your clients and referrers what meetings they go to and ask if you can tag along with them. At the meeting, have your client/referrer introduce you to people they know. And if anyone asks what you are doing there, tell them you want to learn more about the industry and to meet people and get to know them. You are 100% missing out on good business if you aren’t going to networking events. But you need to choose the “right” events. If you’re at the right event, you’re bound to see someone you must speak to. The sheer number of networking events happening in any given month can be overwhelming, so choose the type of events most suited to you. If you’re not a morning person, breakfast meetings may not be your thing. If you don’t like mixing and mingling at after-hours drinks gatherings, find another kind of event. It’s more productive, not to mention, more enjoyable to find organisations with activities you enjoy at a time of the day that works for you. Keep in mind that all networking does not have to be workrelated. Beyond meetings and functions organised by your local chamber of commerce and business/industry association and networking/referral groups like BNI and Rainmakers, you can make valuable connections with like-minded people by joining a civic organisation like Rotary, by getting involved with a charity or community group, by joining a sporting or leisure club, by starting your own networking group or by taking a course or class of some kind. (For more ideas on where to go to expand you’re your circle of contacts and connections, read my article entitled, NETWORKING OPPORTUNITIES ABOUND:42 WAYS TO RAISE YOUR PROFILE IN YOUR LOCAL COMMUNITY. 3 Getting out to networking events will do more to build your business than making cold calls, advertising and spending money on a website or well-designed brochure. My philosophy of networking. The ability to network, and network well, is one of the biggest factors in business and personal success. For me, networking is about making friends and building real (strong and authentic) relationships. There are no tricks or systems. A great network is formed by a genuine desire to meet and get to know people and, most importantly, help them to succeed and prosper. The more friendships and relationships you have, the more clients you’ll have, the more business you’ll have. It’s as simple as that. The hardest part is making the effort. I like being friendly. I’m almost always the first person to say hello and initiate a conversation. I believe that most people are friendly and are happy to talk to me. I believe if I focus the conversation on the other person (rather than on myself), listen to what they say and add to the conversation where appropriate, I will likely make a good connection. Be yourself. Talk real, act real, be real and you will find that good things will follow. I believe that most people go to networking events to better themselves and their business. If I can help them move closer to meeting their goals then it could be the start of a good relationship that will better me and my business too. I believe that until people get to know me better and realize that I can help them in some meaningful way, they are probably more interested in themselves. I believe helping people helps me. If people see having a relationship with me can be useful to them, they will work at making the relationship useful to me. Giving begins the process of receiving. I believe that if I make myself valuable to others they will want to make me part of their network. Successful networking should be genuinely selfless and altruistic, always giving referrals, making introductions and opening doors for others without remembering your simple favours or keeping score. I know that it is up to me to make people aware of what my business is about. I know that the chances of getting a referral are greatly increased if people understand exactly what I do and the problems I solve. I also know that I’m kidding myself if I think that by just doing good work for my clients I’m going to get all the referrals I want. I’ve learned that I need to be doing something every day to make referrals continually happen and this includes reminding certain individuals that their referrals and introductions are important to me. I work hard at trying to give three or four quality referrals a week. I’m always on the lookout for people to connect. When you constantly look out for opportunities to put people together those opportunities easily appear. I never feel bad about asking for referrals and introductions because I’m always giving them. When I go to networking events, I’m always on the lookout for people who I can connect to my clients and others I know. These actions are a great way to build your reputation as a well-connected and respected individual. You will also start to attract more 4 opportunities for yourself and your business. If you are not sure what will come of the referral or introduction that you are making simply state that up front and then follow up by saying that you think the connection could be helpful and briefly describe how. Giving starts the process of receiving. For me, real networking is more about what happens after you meet someone rather than the initial meeting itself. The key to getting the results you want from networking events is meeting people afterwards and getting to know them better and keeping in touch. What are networking events for anyway? Networking events are great for meeting new people, but they are not the place to bend someone’s ear for an extended period. That initial encounter should be just about rapport building, discovering common ground and creating interest in taking the conversation further. Your goal is to start a conversation or relationship that can be continued at a later date. It’s the follow up and ongoing e-mails, phone calls and in-person meetings that turn new networking contacts into relationships and transform relationships into business. Networking is about helping people. This is the most basic rule and the reason selfish people fail at networking. Call it karma or whatever you like. What goes around, comes around. Your networking success will depend on how successful you are at helping others. Think about it. If you cannot or will not help others who can live comfortably without you, why should they go out of their way to help you? The most important concept that will help you get the most out of your networking efforts is to understand that you can provide value and be helpful to others without selling them your products or services. When you meet someone you like, ask yourself, “How can I help this person?” “What one piece of information or advice could I give this person?” “Who can I introduce this person to?” Everyone goes to a networking event to better themselves in some way. When you’re meeting people, the question you have to ask yourself is, “How can I make this person better off as a result of connecting with me?” I like to get my contacts to tell me about a business challenge they are grappling with. That way, I might know somebody who can help…and that’s a good way to start a new relationship. For networking to work for you, you must have an attitude of helping people. A good networking conversation is one where you find out how you can help each other. People respond to anyone who will help them get what they want. So find out how you can help as many people as you can. Become their lead source, referral source, information source. They will be motivated reciprocate by helping you get what you want. Make it known to your contacts that you are interested in helping them and serving them. If you do this consistently in your conversations and electronic communications 5 your reputation will rise dramatically and, as a result, you will attract more business and referrals. What you can do for people means nothing until you take action to follow through and do it. Have an objective when you go to a networking event. That way, you will feel more purposeful and find your actions more directed instead of wandering around the room aimlessly. It could be that you’d like to meet a certain individual whom you know will be attending. Maybe you choose to find two potential referral sources for your business or for a friend’s business. Perhaps you’d like to meet the speaker or re-connect with a certain someone you met at last month’s meeting and who you’d like to get to know better. If you cannot come up with a specific goal for the event, introduce yourself three or four people and learn about their businesses and then make them aware of yours, which is an excellent goal for almost any networking occasion. Don’t leave until you achieve your goal/s. Identify specific people you want to meet or talk with. Determine how many conversations you want to initiate and the number of post-event meetings you want to set up. If you can have a meaningful conversation with two or three people and agree to talk again later, then you’ve had a successful event. It’s about quality contacts versus quantity. When I go to a networking event, my aim is to make two to four meaningful contacts and invite them to meet me for coffee. It’s incredible what can happen over a cup of coffee. A good conversation in a relaxed setting often leads to good business and referrals for me. Often, people are tempted to distribute and collect as many business cards as possible during a business event. You will get better results by setting a goal of making between two and five new contacts at each networking event you attend. By limiting the number of contacts, you are able to focus on quality connections, deeper conversations and building rapport and trust with each person. If you’re not sure why you’re going to an event or if your heart just isn’t in it, your time is better spent elsewhere. Many people show up to events late, sit by themselves, speak only to people they know and then sneak out early. These people leave thinking, “Well that was a waste of time”, when actually it was a wasted opportunity. You are there to meet people. I have attended many networking events where groups of people would just sit at one table or stand around together and talk amongst themselves. That’s a waste of time and opportunity. Whenever I go to a networking event with a colleague, we split up to meet new people. Being on your own allows you to focus on why you are there and that is to meet other people. It’s up to you to connect. So be proactive. Don’t just stand around waiting for others to approach you. Even if you are reserved by nature, now is the time to break out of 6 your comfort zone. Everyone else in the room is there for the same reason as you and that is to meet others. So take comfort in knowing that nobody is going to snub you, if only because you might somehow be of value to them. Getting along to networking events can seem daunting at first, but only if you let it. Once you get started going to these events you will find them to be rewarding experiences. Maybe you have some feelings of apprehension at events with people you don’t know? Realise you’re not alone. If you ask most people who attend business networking events, they will tell you (if they were being honest) that there are certainly some feelings of anxiety and uncertainty when it comes to meeting new people. Rather than thinking that you’re the only one in the room who’s not feeling right at home, instead understand that you are amongst the majority of people who feel the same way you do. If you’re going to talk to people you already know, make sure it fits with your objective, not just because you feel safe. Here are some insights and tips to help you enjoy yourself more, have better conversations and create more opportunities when you’re meeting new people: • Initiate conversations with a simple “Hello there. I haven’t met you yet.” or “Hello there. I don’t think we’ve met before. I’m…….” or “ Hi. We haven’t met. I’m……” (said with enthusiasm) is generally the way to go, rather than trying to figure out the perfect opener. If you are on your own, you could start with something like, “I’m here by myself, do you mind if I join you for a while?” • What do you say after “Hello”? I like use the context. The place I’m in, the event I’m at often gives me fodder to get the conversation going. And I like to lead with a simple, non-threatening question. If it’s my first meeting with a new group, I’ll say something like, “Nice to meet you John. This is my first time here. Are you a regular? What can you tell me about this meeting?” If I’m at a conference, I’ll ask the person something to do with the conference, such as “How are you enjoying the conference so far?” or “What did you think of the last speaker?” or “What do you think of the venue they picked for this conference?” Sometimes, instead of leading with a question, I’ll comment on something I see. Whether I’m in a queue, at a party, in someone’s office or wherever, I’ll comment on something I see. This usually invites a positive response from the other person and the conversation typically goes from there. When I’m meeting someone for the first time in a professional/business/workrelated context, I’ll often ask them about their job, and I may continue with questions such as, “What do you do precisely in this job?” or “How did you get into this field?” A good alternative to asking about the other person’s job at the beginning of a conversation is asking about the company or organisation they work for. Consider questions such as, ”How did you start working at this company?” or “What’s it like working for XYZ company?” (For a whole host of ice-breakers and opening lines that you can use to start conversations in networking situations see my article entitled, “STARTING CONVERSATIONS WITH NEW CONTACTS”.) And, later in this article, you’ll find some of the best questions you can ask to make your networking conversations more enjoyable and more fruitful. 7 It’s easy to arrive at an event, see a friend or colleague and spend your time catching up with them. But you must also commit to meeting new people and initiating new relationships. Aim to meet three or four new people at each event. If you keep this goal in mind, you will be conscious of the time you spend talking with any one person. • The key to initiating a good connection in person is to forget about yourself, focus on the other person, and ask a question about them. It doesn’t have to relate to you or what you have to offer ― just a question that they can answer. “What did you think of the speaker tonight?” is a good question. Or, if you happen to know something about their firm, ask about it, for example, “I’ve seen ABC and Associates in the news recently, haven’t I? You’re involved in that new Z project, aren’t you?” is an even better question. See my article entitled, “STARTING CONVERSATIONS WHEN YOU”RE NETWORKING” for a whole host of ways to make that allimportant initial connection. When you get an answer to your question, pay attention to it. Everything you say next should relate directly to what the other person said. For example, “Good speaker, you say. What appealed most to you about her talk?” This is a much better way to kick start a conversation than beginning with some blurb about you or your business and can make a good initial connection. So, when do you talk about yourself? Ideally, when you’re asked! • Don’t ever feel that someone will not want to chat with you, no matter what level they may have achieved professionally. In the end, people are all the same. The idea is to have something that is interesting enough or important enough to gain the person’s attention. Hint: Make the conversation about THEM and THEIR world. Try to provide them with something they can use such as information, a resource, a lead or a referral. • Look for people who are open for a conversation. Sometimes the biggest challenge for people at a networking event is knowing who to approach. No one wants to just “barge in” and find themselves intruding on a private discussion. At the same time, you are there to meet people and that means initiating and breaking into conversations. Knowing how to read body language is important. At your next event take a look at how people are standing physically grouped together. You will see that people stand with their bodies clearly indicating whether or not they are open to having someone approach and join them. What you are looking for is “open” verses “closed” groups. When two people are facing each other and getting in to a deeper level of conversation, their body language says they are preoccupied and would not appreciate being interrupted. The same applies to groups of three or more individuals. When they are standing close together in a closed circle, it indicates they are having a private discussion or they are not interested in meeting someone else at the moment. These are “closed” groups. They would not be groups to break into and introduce yourself. 8 “Open” groups are the ones to join: they make it easier for you to break into conversations in progress. If two people are standing at an angle (i.e. their stance is open and facing the crowd) and it appears they are not deeply engaged in conversation or they are glancing around the room, it’s a safe bet they will be happy for someone to join them. Make eye contact, smile, walk up and say something like, “Hello. I don’t think we’ve met before. I’m (your name).” The same rule applies to groups of three or more individuals. If the group is standing in an open circle which has a gap for someone new to move into, plus one or more members of that group makes eye contact with you, again, it’s a safe bet you’ll be welcomed into the conversation. All it takes, is for you to approach the group and stand on the periphery just where the gap is. If no-one acknowledges you, say nothing to begin with, just listen and tune into the conversation. When there is a lapse (pause) in the conversation, simply ask if you can join in. “Mind if I join you for a while?” You will get a “yes” of some kind and then you just have to fill the gap in the circle. It is also important to know that when you first break onto a group like this, it is not the time to introduce a new topic or, worse, attempt to take over the conversation. Just listen in and add to the conversation where appropriate. Eventually the conversation will shift to who you are and what you are about. You are likely to get a positive response when you approach someone on their own or a group of three or more people. The dynamic of two makes it difficult to break into a conversation and you could be waiting on the sidelines for some time. When you’re at a networking event, stand in open twos or threes so that other people feel they can join the conversation. Don’t close your group off. Don’t sit down until the event’s program begins. If there is no program, you can sit once you have connected with someone. If you accidentally enter a group involved in a private conversation, excuse yourself with something like, “I’m sorry. I didn’t realize this was a private conversation. Excuse me.” You can always join that group later when they are less involved. Find someone who is all alone. People by themselves will often be the most open to meeting others. Introduce yourself and then make a comment related to the event, group, venue, sponsor, speaker, trade booth or workshop. Making small talk about the situation or environment you are in can help you ease into a meaningful conversation. “So Tony, what’s your connection with this group/organization?” Approach someone who looks friendly, someone smiling with open body language and making eye contact with you. It is easier to approach someone who at least appears to be approachable. And you want to be sure that others feel comfortable approaching you. If you see a person standing alone, invite them into your conversation. They will be grateful to you for doing this as you have taken them away from the uncomfortable position of standing on their own. Your kind act could eventually lead you to some new business or opportunity via the person you helped in their moment of need. 9 You really can only comfortably meet about three or four people in the time you have available at most events; sometimes a few less and sometimes a few more. You want to meet people who can connect you to more business. In other words, choose the right events for your business. If you want to meet accountants or property developers or architects, find out where they meet and go there. Look up industry associations, check out relevant industry publications and ask your clients and prospects which organizations they belong to and what events they attend. You need to go where your prospects are or where the people who can connect you to your prospects are. If you’re naturally shy, you may want to arrive early and that way the next person to arrive will usually come up and speak to you. Go with a client or referral ally. There are three advantages to this strategy. First, by committing in advance to attend an event with a friend, you are less likely to find a last minute excuse not to go. Second, the odds are that your friend will know people you don’t know and consequently you will have a much easier time meeting new people. Third, you get to strengthen your relationship with your friend. Look the part. Appearance does matter. People judge you from what you look like 3 metres away, so dress professional when you go to a networking event. Be genuine. Business networking is about being the authentic, real you. Putting on a fake persona or mask and trying to be someone you’re not will do you no good. No one likes a phoney. No matter how great you are and how great your product or service is, it won’t matter one bit if others feel you have something to hide. Always be authentically you, represent your business honestly and build genuine relationships with your network contacts. The financial rewards will definitely flow. Genuineness creates a climate of trust and enhances communication. When I go to events, I participate and get involved. Nothing more, nothing less. I say hello and introduce myself. I ask questions. I listen. And I add to the conversation where appropriate. It’s that simple. I show myself through my passions and interests and my willingness to learn about others. I enjoy meeting people and helping people for itself and not for what it will get me. I say this is who I am and what I do. If you like what I say, great, and if you don’t, that’s okay, but here I am and I’m enjoying myself and being myself. I don’t try to force my business into the conversation because “business” will arrive in conversation all by itself as a matter of course. People will talk about what they do in business and they’ll be curious about what I do. That’s what happens at a networking event. I don’t have to force anything to happen .I can just relax and have some fun and so can you. Don’t be that guy. You know the one. He goes around to everyone in room, interrupting conversations in progress, just to shove his card in your hand and talk about his business. And then he moves on without enquiring about your business. Take the time to have real conversations. If someone you meet doesn’t interest you, don’t pretend that you are interested in him or her just to keep the conversation going. You can’t fake liking or being interested in 10 someone. If you try, you will come across as insincere. Spend your time with people who feel right to you. (Later in this article, you’ll see how to “exit” a conversation.) Interestingly, in the book entitled The Tipping Point, Malcolm Gladwell points out that we will have something in common with 1 out of every 2.73 people we meet. So there’s no need to try to force a connection with someone in whom you’re not interested. If you’re continually out there meeting new people, you’re going to naturally “connect” with about 1 in every 3 people you meet. Don’t pitch and sell at networking events. Whenever I go to a networking event, I’m always reminded of what not to do. There’s always someone (or several someones) who think their purpose in being there is to hand their business card to everyone they meet and pitch and sell their wares. These people don’t get it. They’re continually forcing their business into the conversation, slipping in pieces and parts of a sales pitch, trying to make a sale. BIG MISTAKE! If you’re attempting to sell to people when you’re meeting them for the first time they will be put off by your approach. They won’t want to talk to you. And they won’t want to be around you in the future because they know you are going to pressure them and try to sell them something they don’t need. (Okay, in some cases, you might get the sale but you’ll have a hard time getting referrals, repeat business and a good reputation.) Few (if any) people go to networking events looking to buy. So you have to ask yourself what is the point of trying to sell to people who aren’t in buying mode. Think beyond the short-term gain and focus on relationship building. After all, wouldn’t you prefer to get ongoing referrals from a long-term relationship than one sale from a passing contact? Trying to sell someone you just met is off-putting. You will shut the door on the potential for a future relationship. BIG QUESTION: How do you know if you’re selling? BIG ANSWER: If you’re talking about the features and/or benefits of your product or service, if you’ve offered them a brochure and if you’ve given them an invitation to learn more about your business over coffee, then you are selling. Unless they have specifically asked for this information. If they haven’t asked, you’re selling. Here are some how-to pointers to help you have better, more productive conversations when you attend networking events: • Think conversation, not sales pitch. After the initial pleasantries, try to learn something about the person you’ve just met. Ask a question. For example: “What is your connection with so’n’so/this group/all these people?” or “What made you decide to come along to this meeting?” or “Have you been to one of these meetings before?” And, when you have established enough rapport: “What is your business about?” or “What’s keeping you busy at work these days?” It is not about interrogating people. You are not going to fire a whole bunch of questions at them. Indeed, just one or two engaging questions is often all it takes to get a conversation going. And, if you talk with anyone for five minutes, you will usually find something in common such as a shared interest or experience or maybe a common acquaintance or goal. Find common ground and you’ll have plenty to talk about. It helps making “connecting” easier and opens the door for you to move forward and discuss business from there. 11 The people who get the most out of networking begin a connection with casual conversation, engaging questions and meaningful dialogue so they can get to know the other person. • Remember why you are there: to meet people. And the whole point of meeting people is to give you a starting point for developing a relationship. New contacts almost never become clients/customers or referral sources as a result of a one-time meeting. It’s the follow-up that gets things to happen for you. (For insights, strategies and tools to help you follow up successfully with your new contacts, see my article entitled, “EFFECTIVE FOLLOW-UP FOR SUCCESSFUL BUSINESS NETWORKING”) Networking events are not the place for pitching, selling and closing business on the spot. They are an opportunity to meet people to then follow up with. • Hold back from talking about your business. Instead, ask the other person about their business. In networking situations, we are often tempted to tell others everything we can about our business. It is like we have this idea that if they know all about what we do they’ll recognize how much they need us. It’s a better approach to learn about the other person’s business before telling them about yours. Ask them what they do. Then, when they answer, ask even more questions. For example: “How did you end up working for (name of company/firm)?” “Where did the idea come from to start your own business?” “What do you like most about what you do?” ”How do your clients/customers benefit from dealing with you?” “Who makes a good client/customer for your business?” In my opinion, it’s better not to talk about your business until you are asked. At that point, you’ll be able to give the person you are networking with information that is relevant to them and they will be ready to hear it. To make the most of a networking event, detach yourself from the outcome of having to generate new business. Your focus should be on finding something in common and establishing a rapport as you are meeting new people. The other stuff will take care of itself as a natural by-product of your “relaxed” approach. Inevitably, they will eventually start asking you about what you do. Now you’ve just created the opening to talk about your business, without even trying. • Make friends first. Your goal is to make people feel that you are someone they can trust. Someone they can believe. Someone they can potentially do business with. The less you focus on getting business, the more likely it is that you will make a successful connection. Everyone understands we are all in business fundamentally to generate profits. But your chances of gaining a new client or a referral are greatly increased if you are also perceived to have a wider purpose to life than just closing your next piece of business. The most important lesson to learn from the best connected individuals is that little of their networking activity is carried out with any specific business goal in mind. They concentrate on having meaningful conversations with the people they meet and getting to know them as “people” and not solely as “prospects”. (Some people say to me, “I never know what to say at these events. What do you talk about?” My response to that is ”When you’re out with friends, what are some of the typical topics of conversation you have?” They reply, “Family, friends, work, kids, 12 travel, weather, leisure, current events, restaurants, sports, shopping, movies, pets.” Then I say, “So why would it be any different to talk about these things when you’re making new business contacts?” Most people go to networking events in search of new business opportunities. That’s okay, depending when you get down to the subject of business itself. In my opinion, it should be later rather than sooner. First, concentrate on finding out about the other person and making friends. Good things will often follow. • Learn to ask questions that uncover issues or challenges that the person (or their business) is facing. You can then position yourself as a potential solution to one or more of those issues. When I feel a measure of rapport has been established, I like to ask the other person a question like, “What are the biggest challenges for you business right now?” or “What’s on your worry pile back at the office this week?” or “What’s going on in your business these days that’s taking up a lot of your time?” • If you meet someone who seems to need your business’s product or service, resist the temptation to move into sales mode then and there. You don’t want to risk blowing your business opportunity by talking too much about your wares. Simply exchange cards and agree to talk further at a later date. Whenever I find myself in a situation like this, I’ll say something like, “Let’s find a better time to continue this conversation. Can I call you tomorrow so we can discuss this further?” Or, I might say, “Why don’t we continue this conversation in a more private setting over a coffee/over lunch/over a drink after work? Can I call you to arrange a meeting?” Other variations of these phrases are, “Would you be interested in grabbing a coffee sometime so we can continue this conversation?”, “If I could help you with that would you be interested?” and “Can I call you in a week or so to discuss the services I offer?” As a general rule, it’s best to defer the sales pitch for a better occasion and get on with meeting some other people. • Be careful not to spend too much time on subjects of mutual interest. It’s tempting to spend half an hour or more talking about things you like. Don’t. Your opportunity to meet others awaits you. You can expand the conversation over coffee, at lunch or over a drink after work at a later date. If you’ve made a good connection, the other person will be happy to talk with you again. • When you meet someone interesting who could potentially refer business to you, invite the person to get together with you one-on-one for breakfast or lunch or simply for coffee so that you can “hear more about what they do” and “brief them on some on some of the things you do for your clients/customers”. Let me give you come ideas about the kind of language you might use in this situation: “Do you want to meet for breakfast or lunch sometime and see what we can do for each other? We’re both out in the market place talking to similar kinds of people and maybe we can be making introductions for each other.” 13 “I think we might be serving the same types of customers. Could we get to know each other better so maybe we could help each other out with referrals and introductions?” “I’ve enjoyed meeting you. Why don’t we have lunch sometime and find out if there’s anything we can be doing to help each other do more business.” “Would it be all right for me to call you in the near future for a more In-depth conversation? (Then, after you leave their presence, make a note on the back of their business card that will remind you of what you talked about.) “Can I give you a call next week to set up a time to talk in more detail?” “Would you like to get together on Friday and work through the idea? ”I’m really interested in learning more about what you do, but I don’t want to keep you from the chance to meet other people here tonight. Why don’t I call you tomorrow and we’ll find a time when I can buy you a cup of coffee?” “Let’s get together sometime and explore how we can help each other get more business. It sounds like we’re trying to find the same kind of clients.” “I’d like hear more about your business and what you do for your clients. And I’d like to tell you a little what we/I do. You want to go for a coffee sometime?” “It sounds like you and I have contacts that are in each other’s target markets. Would you be interested in having coffee sometime to talk about this further? Maybe we can help each other over time with referrals and introductions.” “I think we might be able to help each other do more business. Do you want to talk about it sometime?” “I can certainly see some synergy between what you and I do. Can I give you a call next week to set up some time for a longer conversation?” “It sounds like I might know people you want to meet for your business and vice-versa. Would you be interested in talking about this further? Perhaps we can help each other with referrals and introductions.” Don’t try to sell and close business at a networking event. If you do, each person you meet will be turned off by your approach. Instead, focus on getting to know people and what their business is about so you can follow up as appropriate. • Listen more to learn more. Ask engaging questions and listen, without interrupting, to what the other person is saying. Pay attention to what is important to the person you are networking with, discover what they want for their 14 business, what issues and challenges confront them and what motivates and inspires them and you will be better placed to help them (or find someone in your network who can). If you identify an opportunity to do business with the person you have just met, it would be quite appropriate for you to say something like, “Can I call you about the problem you have with…..? Now isn’t the time or place but maybe your problem is something that I can give you help with.” or, “I think I can help you with that. Can I give you a call?” Listen completely, without the intent to respond immediately or show your knowledge. Learn to be silent. Give the other person time to finish before you jump in with new thoughts of your own. Your silence is an opportunity to listen not only for words and ideas, but for feelings. Silence encourages those who are speaking to elaborate. Pay attention to what people say, rather than simply waiting for your turn to speak. You should never be so focused on what you have to say that you forget to listen. As you listen to people, look for opportunities to ask questions based on what you hear. Tune in to THEIR problems and issues. Think about how can your product or service provide a solution? And if it can’t, is there anyone you can refer them to? If you can help the person, you’ve just started a new relationship. Let others talk and listen to what they have to say. You might find that they offer something you need. You might realise that you have something unique to offer them. You might know someone to whom you could refer them. Or you might see an opportunity for the two of you to help each other. It’s well worth the time it takes to listen. Listening multiplies the value of the information you receive. You can also gain a reputation for courtesy concern for others—positive traits for success. • As people are talking, stay in the present moment and be genuinely interested. When you’re distracted thinking about the work waiting for you back at the office or your next appointment, that comes across as you not wanting to be there. Body language, arms folded and a rushed air about you is a big turn off to the other person. • • Avoid wandering and scanning eyes when in conversation with someone, concentrate on that conversation. Your goal is one-on-one attention. Engage people. Send the right message: physically face the person completely. The most offensive thing you can do while participating in a conversation is to look around the room as if you’re trying to spot somebody or find someone better to talk to. (If 15 you’re looking for someone in particular at an event, why not ask the person you’re with to help you find them.) Looking over someone’s shoulder when you are talking to them is plain rude. You are letting them know that you really aren’t interested in them. • Balance the amount that you talk with the amount the other person is talking. Talk too much and the other person will tune out. Ask too many questions and they’ll feel like they are being interrogated. The rapport-building sweet spot is usually somewhere in the middle. People want to know a little about you and you need to know a little about them. It’s how people discover if they are interested in developing a relationship with each other. • Be open to meet anyone and everyone. If you have specific individuals you want to meet at an event and you can’t find them or you have difficulty approaching them don’t be too concerned and think your time is going to be wasted. You may meet other people and make connections you never dreamed of. Allow yourself to be open to possibilities. You never know who else they could put you in touch with. • Don’t be pushing buttons on your mobile phone or looking around for others to approach when you’re engaged in a conversation. Again, your goal is one-onone attention. It’s best to get to understand the other person and their business situation before you start unloading information about your business on them. • Usually once you get chatting, you can tell if the initial meeting will lead to another conversation and, potentially, an ongoing relationship. You may meet someone who just isn’t interested in you or what you have to say. They may be distracted. They may hijack the conversation, talk incessantly about themselves and never ask you anything. Don’t take it personally. If they aren’t interested, don’t waste time continuing the conversation. When there’s an appropriate pause in the conversation, excuse yourself and move on. If they’re unpleasant and talk only about themselves, they probably wouldn’t be a good customer/client or business referral partner for you anyway. The primary purpose of attending networking events should be to meet people and establish a “connection” with them, rather than sell your widgets. Once you have made the connection, you can arrange a follow-up meeting to discuss business at a later date. When you meet someone who you would like to speak to further, ask if you can call them before moving on to your next conversation. If the person is open to this, ask for their card. 16 Pay attention to what people say about their problems and issues. It will help you make connections for them. Remember, conversations that don’t lead to direct business may lead indirectly to business by referrals. You never know who THEY know. The only thing you should be selling at a networking event is your interest and willingness to help others. If you do that, you’ll sell plenty. It’s a hell of a lot easier to build trust by providing something of value than giving a sales pitch. Attempting to hard sell people when you’re meeting them for the first time will not only put them off buying from you but also kill any future opportunity to gain referrals from them. If you are looking to improve your ability to make those all-important connections, read my articles entitled, “HOW TO SKILFULLY CONVERSE WITH PEOPLE” and “NETWORKING KNOW–HOW:ENGAGING DURING THE CONVERSATION.” Network for “advocacy” rather than “prospects”. A room full of people at a networking event does not represent a room full of potential clients/customers to whom you can sell your stuff. It does, however, represent a room full of potential advocates. We can all be advocates for each other. If you take the time to have real conversations, you can develop a circle (network) of people who will brag about you to others. And you can brag about them. When we talk about ourselves, nobody really listens. If we can get others talking about us, it’s more powerful and, therefore, more profitable. The real power of your connections is in who THEY know: there are many more opportunities there. The vast majority of new business you will get in the future will not come directly from the people you meet at networking events. It will come indirectly as a result of your contacts dropping your name and bragging about you over lunch, on the golf course, at parties and in numerous other situations to people you have never heard of: people who would never have considered doing business with you until their trusted friend (and your advocate) recommended you. So to be sure you are getting the best return for your investment of time at a networking event, look for more than prospects for your business. Focus on meeting people who can refer you, introduce you and open doors for you. You don’t need to go after “buyers” at networking events. There is a variety of other people who can be just as valuable including, potential strategic allies and referral partners, influencers, opinion leaders and others who can endorse you and recommend you. If you just go and look for customers/clients, there is always that tension that you are sizing people up and down–trying to figure out if it is worth investing time in someone. 17 Take the stress out of your conversations altogether. Rather than looking to turn your contacts into clients, look to turn THEIR relationships into clients. This approach takes all the pressure off you “to sell” and means the other person feels no pressure from you “to buy”. Sure, there might be potential buyers of your products or services at networking events but they didn’t go there to be sold to by you or anyone else in the room. That’s a conversation for another time and place. Simply exchange cards and agree to talk in depth at a later date. Remember, the real power of networking is in the 2nd degree: it’s who THEY know. You need to be able to tell people what you do so they can talk about you to their friends. But people won’t do that if you try to sell to them. BIG QUESTION: What is the purpose of building a network anyway? BIG ANSWER: Word-of-mouth referrals. People refer business to people they know, like and trust. Think about when you needed a service provider. Maybe to fix something at your house or solve a problem at the office. Chances are you asked some friends who they would recommend if you didn’t know someone yourself. As a business service provider then, it pays to know as many people as possible who will give your name when asked for a recommendation for the type of service or solution you offer. The whole point of networking is to attract business and referrals. Rather than spend a lot of money on chasing business with marketing tactics that cost too much and produce too little, you really want to get into a position where business comes to you as a result of your network recommending, referring and introducing you. It’s the reward, not the purpose. Most companies have a mission statement: an easy to remember sentence or paragraph illustrating the business’s goals and purpose. Disney’s mission statement says, “To make people happy”. Boeing’s says, “To push the leading edge of aviation, taking huge challenges doing what others cannot do”. 3M’s says, “To solve unsolved problems innovatively”. Note that these companies’ missions are not to make a profit: profit is the outcome of and reward for fulfilling the mission. In the same sense, the mission (or the point) of networking is not to sell and close business. The mission of your networking activities is to make connections, build relationships and help others. The outcome of these activities will ultimately be increased business and referrals. Remember, it’s the reward, not the purpose. So often, people forget about the importance of relationships and trust because they are so focused on getting business. Your networking efforts will be more fruitful if you focus on becoming known and trusted instead of making an immediate sale. As you stay in touch and develop your relationships, you should have ample opportunity to discuss business in depth. Think long-term and relational instead of immediate and transactional in your networking conversations. Be ready for “What do you do?” When you are meeting people for the first time at a networking event, the question “What do you do?” invariably arises. This is a golden opportunity to arouse interest in your business. That is why having a value proposition is 18 so important. It is a clear statement about how a person or company benefits from using your product, service or solution. An effective value proposition gets people asking you questions about your business. BIG QUESTION: What response do you get when you tell people what you do? If your answer to the question “What do you do?” does not regularly start a conversation about your business, you need to change your answer. Here are some tips to help you craft a value proposition that will arouse interest in your business: • You need to distill the “value” your product, service or solution delivers to others into a handful of words (one or two sentences) that are understandable and meaningful to those who are unfamiliar with your business or even your industry. Write these words down. Read them out loud and re-write and practice them until they sound natural and unscripted • Use natural, jargon-free language that your mother would understand. Avoid using acronyms. Share your message with your family, friends and others who want you to succeed. Ask them for feedback. • Don’t focus on what you are selling but on the results or successes you create for others. Your value proposition should clearly tell your listener how your clients/customers are better off once they “buy” from you. • If you are unsure how people and companies benefit from doing business with you, ask your best clients/customers “why they buy from you” and “what they say about you to others”. Get them to tell you “what problem you solved for them”, “what need you filled for them” or “what gain you created for them”. Write this information down and get comfortable with the words. Once you clearly understand the value you create for others, you will know how to communicate your value proposition. • Be able to say what you do in a short sentence as well as a long sentence and a few sentences. You want to be understood and easily remembered but different people in varying roles and industries warrant different lengths of your value proposition. • Your value proposition (no matter how good you think it is) should never be used to introduce yourself. It should be in your head and ready for when the opportunity arises and only when it arises. i.e. when someone asks what you do. Networking is about connecting with people and making friends. If you are asked what you do, by all means use your value proposition, otherwise just focus on finding common interests and sharing ideas. If you are constantly manipulating the conversation so you can slip in pieces and parts of your value proposition, it will show. Nothing turns off others more than listening to someone who has a heavy selling agenda. 19 • Too often people have fallen into the trap of rambling on and on about their business when asked what they do. A better approach is to reveal small amounts of information about yourself and then check to see if the listener wants to know more. “I can tell you a little more, if you’re interested.” “Tell me if you’d like to know more. I don’t want to fire-hose you with stuff about my business.” • In crafting your value proposition, ask yourself “how do companies and individuals benefit from doing business with me/” and “who is my product/service/solution for?” It is important not to generalise about the type of clients/customers you want to attract. Many people, when describing their target audience, use the words “anyone” “someone” or ”everyone”. This is too vague. Instead you should be specific in order to paint a clear picture of what type of opportunities you are looking for. For example: family businesses, farm businesses, home-based businesses, young married couples, retirees, mining companies, architects, retailers, and so on. • We all think that we communicate clearly what we do, but few of us do this well. Ask people in your network for their perception of what you do, for whom and when people and companies need your help. • Practice, practice, practice. Spend enough time practicing your value proposition so it sounds unrehearsed. Then you can really get your value across in your networking and business development conversations. Your goal is to entice your listener to want to know more. Here’s a formula that might work for you. Create a simple, two-sentence answer to the question “What do you do?” In your first sentence, specify your ideal clients/customers and the biggest problem your business can help them solve. In your second sentence, convey the biggest benefit or outcome people gain after they get started doing business with you. Here’s what I often say. “I work with service companies that need their people to be better at generating business from networking.” or “I’m in the business of helping people gain more clients and referrals from their networking activities.” Then I’ll follow this with a negative-reverse question such as, ”I’m guessing that’s something that doesn’t even remotely interest you?“ (This is designed to take all the pressure off the other person and will most likely result in a truthful response.) If the response is something like “you’re right”, then I drop what I do and ask and learn about them. (Remember, I’m networking for advocacy. I’d like to earn their trust and their referrals down the track.) If the person does show some interest, I’ll continue with a few words about the kind of results/successes I create for my clients. For example, “My clients typically see significant increases in sales and new business following the networking and relationship building training I do for them.” If the person shows further interest, perhaps asking, “how do you do that?” or a similar question, rather than shift into “sell” mode and as so many people do, explain their product or service in detail, I’ll stay in “marketing“ mode and provide an example that illustrates what I do and the benefits enjoyed by my clients. “A recent financial services client was not getting nearly enough referral business from accountants, lawyers and other business professionals. By becoming more proactive in expanding and working their networks, however, they started getting more referral business almost immediately. And by having a systematic, well-thought-out referral process in place, I helped them to increase the rate of new 20 client acquisition fivefold in just three months. Now my client says they are getting all the referrals they need and can handle.” Now, if the person is really interested and wants additional information, I will suggest a more suitable setting where we can have a more in-depth conversation. “Let’s find a good time to continue this conversation over a cup of coffee together. Can I call you tomorrow to arrange a meeting?” If I’m in conversation with a lawyer I’d say, “I help lawyers build productive referral networks”. Ditto, accountants, financial planners, bankers, architects, etc. A variation of this is, “I teach business and salespeople how to use networking to increase sales.” Good questions lead to better conversations. The best conversationalists are curious about everything. That’s why they are good at asking questions. Questions allow you to find out about people. Questions help you establish a rapport with people when you meet them for the first time. Questions help people feel good about having a conversation with you. Questions build the “like you”, “trust you”, “rate you” factor. Questions save you from those awkward moments of silence when conversations stall. Here are ten of the best questions you can ask to make your networking conversations more enjoyable and, ultimately, more profitable. 1. Have you come along way to be here? Variation 1: Have you travelled far to get here? Variation 2: Where have you come from to be here today? Commentary: This is a simple, friendly opener that will work for you in any networking situation. 2. What brings you along to this event? Or, What brought you out here today/tonight? Variation 1: What’s your interest in this seminar, conference (or whatever)? Variation 2: What do you hope to learn/want from networking at this event? Variation 3: Are you here for any particular reason? Variation 4: What made you decide to attend this meeting? Variation 5: How is it that you’re here at this event and not doing something else? Variation 6: How did you come to be here at……..? So who invited you to this event? Commentary: This is a good early question that is easy for the other person to answer and it gives you context and purpose for their presence. Maybe there’s a problem they are trying to solve. It might also help you to find things in common. It’s a fact that others find you more interesting when you ask questions. 3. What is your connection with this group? Variation 1: How do you know our host/s? Variation 2: How did you hear about this event? Variation 3: How do you know (speaker, organiser/sponsoring group of the event? Variation 4: How did you end up at an event like this? Variation 5: How did you get involved in this group? 21 Variation 6: How long have you been (a member of, involved with) (specific group)? Variation 7: How did you choose to join this organisation? Commentary: Another good early question to get the conversation going. It might also throw up common acquaintances and interests. 4. How do you find this whole networking thing? Do you much networking? Variation 1: What do you like most about coming along to these types of events? Variation 2: What other events have you found helpful to attend? Variation 3: Where else do you go to network? What other groups do you belong to? Variation 4: Have you been to a (meeting type) before? Variation 5: How did you find out about this event? Variation 6: Do you find these meetings helpful to your business? Variation 7: What do you think of the show/meeting/event so far? Variation 8: How did you find the speaker’s topic? If you get a short reply, follow up with, What did you find most interesting about the presentation? Commentary: This question helps to break the ice during that awkward period right after introductions and offers the chance to talk about something common to both parties. It’s not about interrogation. You are not going to fire all of these questions at someone in the one meeting. 5. What is your particular area of expertise? Variation 1: What are the problems you solve and how do you do it? Variation 2: What do you do differently or better than other similar firms/business? Variation 3: What separates you and your company/firm from your competition? Variation 4: Tell me a little about your business/what you do? Variation 5: What have you been doing today? What are you doing for the rest of the day? What are you working on right now? Commentary: This is a better way of asking a person straight out “What do you do?” It allows you to find out what the person is really good at and how their business compares to their competition. They’ll be pleased you asked. 6. How did you end up in the “widget” business? Variation 1: What made you decide to become a nurse/lawyer/accountant? Variation 2: How did you get started in the (fill in the type of business/profession the person is in here) business? Variation 3: You mentioned that you were in (industry/profession). What got you started in that direction? Variation 4: What led you into this profession? or How did you get into banking? Variation 5: What was behind your decision to go into business for yourself? Variation 6: How did you come up with the idea for your business? Variation 7: When you were a kid, what did you want to be when you grew up? Variation 8: Did you always see yourself as an accountant/lawyer/(whatever)? 22 Commentary: This question delves deeper, giving the person a chance to tell their “story” which could provide some insightful and valuable information for you. It also shows you are interested in the person and they will feel it. 7. What do you enjoy/like most about your business/job/what you do? Variation: What is the most rewarding aspect of your business/line of work? Commentary: It’s is a question that elicits a good, positive feeling and leads to a more interesting conversation about the person’s business or work. 8. How’s work going for you? Variation 1: What have you been working on today/lately? Anything interesting? Variation 2: How is project X going? Variation 3: What is your biggest business challenge right now? Variation 4: What’s your big audacious goal for this year? Variation 5: What are some of the bigger issues for your industry/profession these days? Variation 6: What’s occupying most of your time at work at the moment? Variation 7: What’s keeping you busy? Commentary: This tells you what is taking up room in the person’s diary and where they might be frustrated or challenged—this information comes in useful for follow up and might even uncover an opportunity for your services. It also gives the person a chance to talk about the “great” things they are doing. 9. How am I going to know when I meet a really good prospect for you? Variation 1: How would I recognize a good business opportunity for you? Variation 2: Who would be a good prospect for me to connect you with? Variation 3: What do you need/want for your business right now? Variation 4: What kind of people are you looking to meet here? Variation 5: What is the best way to refer business to you? Variation 6: How would I recognise a good potential client for you and what would I say to that person to describe what it is that you do? Variation 7: Who is your ideal client/customer? Who are your best prospects? Variation 8: What kind of people could I introduce you to that would help you grow your business? Commentary: Though there are many ways to help your network contacts, what you can probably provide most frequently are leads, referrals and introductions. This question and its variations helps you understand enough about the person’s business to recognize an opportunity for them when you hear one. When you find yourself asking questions like this, you will know that you are networking rightly. Questions assist us in establishing rapport and making connections because they oblige the other person to talk and open up. 10. How can I help you? or What can I help you with? You can’t just ask this question. You have to mean it. And if someone does request your help, take action on it. By asking and not following through you will do more damage to your reputation than if you had just kept quiet in the first place. Variation 1: What could I do to help you grow your business/get the word out about your business? 23 Variation 2: Who can I introduce you to here tonight? Variation 3: How can I help drum up some business for you? Variation 4: What is a good business opportunity for you? Variation 5: I come across many people in my line of work (or, I think what you do is great). What kind of person would be a good referral for you? Commentary: Powerful stuff! The best way to start a relationship is to help someone. This question must be asked sincerely and only after a measure of rapport has been established. It is the one question that will separate you from the pack…and it will lead to more referrals and more business. If you want to get something from someone you have to give them something first. 10.1 How do you feel about getting together next week for coffee? It would be great to learn a bit more about your business and see if we can help each other. Variation 1: Why don’t I give you a call next week to arrange a meeting? There could be a few ways we could work together and it would help me to explore what opportunities you’re looking for as I might be able to introduce you to a few people. Variation 2: I have some thoughts that could help you with that, if you are interested. Why don’t we get together for coffee sometime? Variation 3: Can I give you a call next week to set up a time to talk in more detail? Variation 4: Would you like to get together on Friday and work through this idea? Commentary: This is a terrific way to finish a conversation with someone you have just met. You have made a connection and now you would like to get to know the person better. You are asking for permission to follow-up. And how easy is it going to be to make that call: you have already agreed to a coffee catch-up. It is just a question of setting a date. That’s why you went along to the event in the first place. Obviously, asking these questions won’t help you to connect with people (and would be shallow) if you don’t actually care about the answers. You need to approach networking with a real commitment to listening and learning about others. By asking the right questions and listening to what others have to say, you WILL get to do more business. Some personal questions to help you “engage” and “connect”….. How have you been doing? How’s your day going today? Married?/ Kids?/ Plans in this area? Tell me about your children (or family members). What do you enjoy doing when you’re not working? What do you do for recreation or hobbies? How did you get involved in…? Who helped you get involved in…? What were you doing previously? With what company did you work previously? 24 What (did, do) you enjoy most about that? What is the best thing you learned about that? Where have you learned the most about…? Who taught you the most about…? What did you take away from the experience? How has that impacted you? What (was, is) the biggest challenge with that? What advice would you give someone else about that? What are your thoughts on…? Tell me about yourself. Where are you from? Did you grow up in the area? What do you stand for? What gadget or piece of technology can you not do without? What do you want to leave behind when you leave the planet? On a plane, “Are you travelling for business or pleasure?” Some business questions….. What have you got lined up for the weekend/rest of the day/week? How’s work going for you? How are things outside work going for you? How did your company get involved in…? What kind of challenges are you and your company facing? What’s the most important priority to you and your company right now? How have you been handling that? How’s that working out? What effect has that had on you/your company? How did you overcome that? How does that process work now? What challenges does that process create? What are the best things about that process? What does everyone else at your company think about that? What innovative (products, services) has your company introduced over the last couple of years? Talk about the culture you’re trying to foster at your company. Can you elaborate? So how do you do that/make that happen? How do you manage to get so much done? What are some of the things that have helped you get where you are today? What does it take to be successful in your position? How are you able to juggle so many different responsibilities? What advice would you give to someone who wants to achieve your level of success? How did you build such a successful business?/such a large organisation? How did you achieve your level of success? What are the secrets behind the success of your business? How did you become CEO of this company? What do you do for fun? How do you relax? What do you do in your spare time? As busy as you are, how do you balance your work and personal life? What successful people have been you mentors? What businessman and businesswoman do you most admire? Best advice you ever received? 25 What trend are you on and what happens if it changes? (A good question to put to CEOs and other senior execs. You’ll get them thinking with this question and they’ll like you for asking it.) So, what do you want to achieve next? (This question uncovers clues about how you can help them get there.) See my articles, “HOW TO SKILFULLY CONVERSE WITH OTHER PEOPLE” and ENGAGING DURING CONVERSATION” for more of the very best questions to make friends, build rapport and create new business opportunities. Use your business cards wisely. There are people who believe that s/he who gives out the most business cards wins the game. Networking doesn’t work like that. Give out your business card only when there is good reason to. This means only when you and the person you are networking with have discussed why you need to reconnect/talk again later. Your networking will not be productive if you are handing out business cards indiscriminately–it will either not help you make connections at all (your cards will go in the bin) or will attract the wrong connections (e-mail spammers and other pushy individuals trying to sell you stuff you don’t need). Moreover, successful people will not have a positive impression of you if you’re firing out your business cards indiscriminately as they will see this as an act of desperation or ignorance. Challenge yourself not to give out your business cards until you have identified a reason to exchange contact information. Write notes, in private, on the back of the cards you receive, including the date, the place and what you talked about. Make a note of anything else you think may be useful in remembering the people you meet more clearly. This will come in handy when you are following up with your contacts and help to ensure that you don’t get them mixed up with someone else and have embarrassing encounters later on. If I give you my card, I’m not inviting you to add me to your automated newsletter. Always ask people for their permission to sign them up for your newsletter. It is just rude to expect people to “opt out” of something they never opted into to start with. It’s more important to get THEIR card than to give out yours. If you give your card to someone, there’s every chance that it will get lost and you won’t hear from the person again. On the other hand, if you can get their card, you can follow up the next day with an e-mail, phone call or a hand-written note and start what could become a long-lasting business relationship. Handing out your card to everyone within your reach is not networking.It’s spamming. The rule of thumb is that if you give your card out only when asked for it, you’ll be sure not to hand it out inappropriately. When meeting someone for the first time, it is the natural inclination of most business people to make sure they give out their card before the conversation is over. There is a better way and a way that won’t appear that the only thing that you are concerned with is getting something from them. Focus your attention on them by asking openended questions and adding to the conversation where appropriate. You don’t want to seem like you are interrogating them, yet you do want to learn as much as you can about them in the time you have together. When the conversation/meeting is over, in private, write down some of the key points that were discussed and this will give you everything you need to send a follow-up 26 communication the next day, mentioning some of the key points from your chat. It is impressive when someone gets an email or hand-written note like that. It shows people that you were actually listening to them and that they are important to you. Your contact details (i.e. your “electronic” business card) are there in your email signature. Or you can drop your card in with the hand-written note. You might even wait for either a second in-person meeting to give out your card or a second hand-written note to include your card. Bring a pen with you for making notes about your conversations on the back of business cards you collect. As you develop your relationship with the other party you will want to start to learn more about them and what they do. This will put you in a position to serve them better and keep an eye out for business you can refer their way. If you approach each new relationship with the attitude of how you can help and serve this person, they will be moved to do the same for you. By not foisting your card on someone or going into an unsolicited sales-pitch about who you are and what you do, it actually says more about you than words possibly could. Of course, as your relationship grows you will want to share more about yourself and your business just as you would expect the other party to do for you. This is how the pros do it and it is a manner that doesn’t make you appear desperate or that you are only concerned about yourself. Your networking will not be productive if you are handing out your business cards indiscriminately as if they were cheap flyers. Want more referrals? Put “I welcome referrals”…..“Know someone who needs what we/I do? Please send them our/my way”…..I’d be delighted to meet your introductions”….. or “Happy to advise your family and friends” on your business card and website. Know how to end a conversation. Sometimes people find that ending a conversation is more difficult than starting one. We don’t want to be rude or hurt the other person’s feelings so we struggle to disengage. The good news is there are various polite ways to exit a conversation when you’re looking to move on and meet others. Here are five of them: 1. After you have listened to someone talk about their business, introduce the person to someone else that might be of interest to them and then politely excuse yourself. You could say something like this: “Jane, I’d like to take you over and introduce you to Roger. He is also involved in the mining industry and I think the two of you would have things in common to talk about.” After Jane and Roger exchange pleasantries, you immediately exit the conversation by saying something like, “Well you two probably have things to talk about. Roger, I’ll catch up with you later and Jane it was great meeting you.” Don’t stay too long with one person. Make a suggestion that it would be useful for both of you to meet some other people in the room. If you don’t know anyone else in the room, you can invite a complete stranger into 27 your conversation. The way to do this is to turn to someone standing nearby and say, “Would you like to join us for a while?” Now you have someone new to talk to. 2. Sometimes, introducing your conversational partner to some one else isn’t an option and you just have to excuse yourself. The way to do this is to state your objective up front then excuse yourself to go and do it. For example. “I came along this evening hoping to meet someone who (whatever), so I’m going wind my way around the room and see if there’s anyone like that here. I’ve enjoyed talking with you.” Or, “I can only stay for a while and I want to talk with some people I know here. Will you excuse me?” Or, “It’s my first time at one of these events for a long while and I’d like to say hello to some of the other members too. It’s been good chatting with you.” Here are some more exits that will allow you to move on to your next conversation: “I want to go over and talk to…….Why don’t you join me and I’ll introduce you?” “Good meeting you. Will I see you at other meetings? “I want to wander around and meet everyone. Nice talking to you.” “I want to have a word with (person’s name). “Good meeting you. Will I see you at more of these events?” “I’d better move on/keep moving.” Shake hands and move on. “I’d better let you move on/keep moving.” ”Do you have a business card? I’d love to be in touch.” “I have something I need to ask (person’s name) about. Please excuse me.” “Why don’t we go and meet some other people here.” “Charles, I must get going. Catch you next time.” “It’s been great meeting you. Will I see you at future meetings?” “I’m sure there are other people here you’d like to meet” “I should let you get back to your table.” “I don’t want to monopolise your time” “I shouldn’t keep you. I suppose you’d like to meet some other people.” “It’s been good talking to you. Maybe I’ll see you a bit later.” “Wow, this is quite an event don’t you think? Well we should probably keep moving. It was great meeting you Brad.” “This has been great, but we probably shouldn’t ignore everyone else.” “My boss tells me to circulate when I’m at these events, so I’d better do that. ”I’m going to start saying my goodbyes. I’ve enjoyed talking to you.” “I’m going to continue my search for someone who knows about widgets.” “I want to catch up with a few more people before I head off for the day/evening.” “I’d like to continue meeting people” “I see someone I need to speak with.” “There’s a few more/some other people I’d like to talk to.” “It’s been very interesting but I should let you mingle a bit and I’ve got to say hello to some people too.” “Sam, this is a networking event, so I better let you go and meet other people.” “I’ll let you get back to (whatever the person was doing prior to talking with you). Enjoyed meeting you.” 28 “I know you’re here to meet others so I won’t take any more of your time.” “We should probably keep moving. I enjoyed talking with you John.” “I’m going to look for a friend who said she’d meet me here.” “Thanks for letting me join you. I’d better keep moving.” “I ought to say hello to some other people.” “Lynne, if you’ll excuse me. I’m going to get a drink/try some of the food.” “Maybe we should both talk to some other people now. It’s been good talking with you.” “I’m sorry Dave, but I must get going.” If you’re one-on-one, and you really want to move on, try asking, “Have you had a chance to meet some of the other people in the room” and offer to introduce the person to someone you know. Clearly, this is not such a good idea if the person is a bore as you will not be thanked for dumping them on a colleague. 3. Ask your conversational partner to come with you. For example. “I want to ask the the speaker a question. Want to come with me?” or “I want to get myself a drink. Want to join me?” or “Let’s meet some people here.” 4. Create a follow-up opportunity. For example, “I’d like to hear more about your business and tell you about some of the things we do for our clients. Would you like to go for lunch or coffee sometime?” or “Let’s talk again and see if there’s anything we can do to help each other.” or “Why don’t we continue this conversation another time. Can I call you next week to arrange a meeting?” or “This has been good. I think we might be able to help each other create some business opportunities. Can I call you tomorrow to talk some more?” or “I wonder if there are any ways in which we can collaborate with one another. Do you want to have a longer conversation over coffee?” 5. You can always just keep it simple. “It was nice meeting you (person’s name). Enjoy the event.” Shake hands and move on. There’s no need for further explanations. Just be polite and you’ll disengage on a positive note. 5.1 One of the single best things that has helped my success with networking is by ending every conversation with one of the following phrases: “Please let me know if there’s anything I can do for you.” “Please let me know if I can help you in any way.” “It’s been nice getting to know you. If I can help you in any way at all, just let me know.” When you make this a habit, you will quickly build a valuable level of trust and sincerity that will set you apart. A few more thoughts…… If you meet someone who doesn’t feel right to you, just excuse yourself and move on. Networking is about creating authentic connections, so don’t force yourself to make friends with someone you don’t like. You can say something like, “I don’t want to take up anymore of your time”, then shake hands and take your leave. Or, 29 you could say that you need to speak to more people before you leave and excuse yourself. If the thought of bowing out of a conversation is difficult for you, just know that you’re doing the other person a favour by freeing them up to talk to other people. When exiting a conversation, use the person’s name. “Jason. I’ll give you a call in the morning.” “It’s been good talking with you Julie.” Be straightforward and honest. Don’t say you have to get back to the office and then be seen standing around for the next 30 minutes talking to other people. A good time to finish a conversation is right after you have been speaking, rather than right after the other person has spoken. You risk appearing rude by breaking off right after the other person has spoken. Watch out for signs that the other person you are talking to wants to get away. Shifting eye contact is a classic. Another is when the energy and enthusiasm of the conversation is waning. With practice, you get the hang of moving on. For even more help with finishing up your conversations, see my articles entitled, CONCLUDING A CONVERSATION: HOW TO DISENGAGE FROM PEOPLE and 84 WAYS TO WRAP IT UP WHEN IT’S TIME TO TALK TO SOMEONE ELSE. Realise that people want to talk to others too. So don’t monopolise anyone for too long. No more than 15 or 20 minute conversations is appropriate. Staying top-of-mind. Most of the people you meet at networking events will not need your product or service right now…but they may well do in the future. So how do you make sure they remember you when they need you or when they have a friend who needs you? The answer is, get their permission to add their name to your mailing/newsletter list. That way you will have the opportunity to consistently be in front of them. True networking never looks like networking. If you’re networking the right way, you are getting to know the people you’re networking with and letting them get to know you. You are learning to understand their business and how you can help them achieve their business goals and you’re educating them about your business and how they can help you reach your goals. There’s nothing pushy about it. Instead of coming across like someone who’s making contacts for mercenary and self-serving reasons, you’ll look like a person who’s connecting with other people in a very real and mutually beneficial way. Networking only works if you and the other person take the time to get to know each other. Get on a first-name basis with the host. The host is the best connected person in the room as s/he is the one who brought everyone together. Seek out the host, strike up a conversation and make the connection. A good host will point you in the direction of some key people s/he feels you should know. A really good host will make the introductions personally. You can even ask the host to introduce you to someone you particularly want to meet. Being introduced by the host makes it easier to connect with 30 people. When it’s time to leave, find your host and express your thanks for the invitation and say goodbye. The next day, send a “thankyou” to the host. Say your all goodbyes. As you’re leaving the event, go around to the people you’ve met and say goodbye, confirming any promises you made to them earlier. Keep it short and positive. Networking events aren’t the only place to make connections. Everywhere you go is a networking opportunity. It’s simply a matter of being friendly and initiating conversations. Unplanned encounters at your kid’s sporting events, in line at the bank or supermarket, on a plane, in restaurants, at parties and so on provide opportunities to be capitalised on or lost. When you assume that everyone is a potential valuable contact and you are prepared to initiate a conversation you increase the potential for your own success. Big opportunities have a way of appearing in the most unlikely of places. It’s called serendipity. Networking is a way of life, not just another event you schedule in your diary. Growing your network is something you have to work at continually if you want to make a success of it. You should always be on the lookout to meet new and interesting people. If you are friendly and have the right motives this can be easy and fun. By seeking to be helpful and useful to others, you will not only meet more people but also see a noticeable improvement in your networking results. Some things are better done in person and networking is definitely one of them. Regardless of how technology advances, face-to-face interaction continues to be the best way to make solid connections and drive business development and growth. You get so much more done face-to-face. Conversations are more effective, non-verbals make things more clear and human (55% of our communication is body language) and it’s just plain true that people still put more value in real life human contact than they put into words in a tweet, post or text. It will always be this way. Phone calls and emails are fine and there is a place for on-line networking, but nothing beats face-to-face networking. Nothing. Not ever. At all. Period! Take the time to get out there and shake some hands and engage in conversations. You will create plenty of opportunities to do more business. Chances are that your local Chamber of Commerce, Business Association or Rotary Club has some great real-life business-building opportunities awaiting you. The bottom-line benefits of getting involved in such organisations will far outweigh the cost in time and a few dollars. Don’t get so involved with on-line networking sites like LinkedIn, Twitter and Facebook that you cut back on in-person networking. Nothing beats face-to-face conversation for making strong business connections. You will do more business with in-person, face-to-face networking! In-person networking creates real, in-depth relationships in a way that social media does not. 31 According to research, 90 percent of communication is conveyed through non-verbal actions and behaviours. You can stay in touch by phone or e-mail, but a face-to-face conversation builds rapport and trust like no other interaction or communication. That is the basis for the most productive relationships. You get to spend more time with your contacts by meeting them in person. This gives you a better opportunity to establish rapport, ask more questions and make an impression. That means you are more likely to be remembered. And that means you are more likely to get referrals. Warning. I’ve seen people who replace in-person networking completely with online networking. THAT DOES NOT WORK! You have to put the face-to-face element into your networking and relationship building. Who’s going to buy from/hire/refer someone from an e-mail/online relationship? I’m more inclined to do business with or refer someone whom I have previously met in person. And so is just about everyone else, including you. Are you on LinkedIn? LinkedIn is not a game to “accumulate” names. I get bombarded by invitations to join people’s networks on LinkedIn from people whom I’ve never met before, had no interaction with and worst of all—in their invitation message they give me no compelling reason to be associated with them or they don’t even suggest we meet for coffee (or get on the phone) to explore potential opportunities for mutual gain. What does this say about these people? Who are they trying to add to their network, by using this method? How are they planning to use their network, accepting people they don’t know or hardly know into it? And how strong do they think such a network will be, when they need it? For example, when they are looking for a job, and need a reference from a person in their network they haven’t met and had nothing to do with. Or when they are trying to get an appointment with a targeted prospect and want a referral or introduction from someone in their network who knows little or nothing about them. (For the record, I will accept an invitation to connect with someone on LinkedIn only if I have met them previously and it was a positive experience. I will also invite the person to go for coffee, lunch or a drink after work to reinforce the connection. For your “online” connections to be solid and valuable, there really needs to be an “offline” component to them.) When you invite someone to join your network on LinkedIn, explain why you want to connect with that person. Don’t just use the standard connection script. Some people might accept all invites but your “best” contacts only accept invites if there is a compelling reason to do so. All too often, online networking is lacking in intimacy and sincerity. I seems to me, that increasing use of the internet and other communication technologies are to blame for declining relationships among networks of people. Take the time to get to know members of your LinkedIn network. Ask them to meet with you in person. It helps to build the relationship. 32 Big question: Are you substituting an e-mail, tweet, post or text for in-person, face-toface activities, thinking that is going to grow relationships and your business? Consider the following……. In 15 minutes you can learn more about someone and they about you in person than in six months online. Finding common ground comes much easier from having a conversation on the phone or in person. And making decisions on what the next step is and putting a plan in motion can happen in one minute on the phone or in person as opposed to multiple e-mails. Learn to blend your online and offline networking activities. If you meet someone online and strike up an online relationship that has value and interest to you, then take it offline to enhance that relationship and help it progress. If you meet in person, then stay connected online to enhance the relationship and help it progress until you meet in person again. The key to successful business networking is GENEROSITY. Those who are successful at networking know that networking is never simply about getting what you want. It’s about getting what you want AND making sure that the people who are important to you get what they want too. What I’m talking about here is friendship. Friends help each other. At networking events, think “what am I here to give”. The name of the game of networking is give, give, give. It makes getting that in-person meeting, that referral, that personal introduction, that favour you want so much EASIER. There is a principle of reciprocity in networking that is very powerful. It is simply this: if you do something nice for someone else, they will be moved to reciprocate, to “even up” the relationship by doing something nice for you. Reciprocity begins with an act of generosity with no expectation of anything in return. Reciprocity is a wonderful thing. By and large, if you take the time and effort to show interest in someone else’s business and offer advice and referrals to them, you will receive the same back from them at some stage. It may take time, but any relationship worth having generally does take time to build. If you approach networking thinking you will get a quick return then you will find yourself asking “Why is this highly touted tactic so frustrating?” Acts of generosity benefit the giver in a “pay it forward” manner. This creates more benefits than the effort takes…just one small favour could be a powerful catalyst in the growth of your business. Think about how you can help your network contacts. Can you introduce them to a business opportunity or an opportunity to speak publicly or to be on a panel? Do you have some great resource that they could benefit from? What one piece of useful information or advice could you give them? Continually ask yourself “What can I do to help this person?” This is what makes networking work for you. A big part of networking is about “paying it forward” and reaping the rewards of others wanting to help you back. Not because they feel they owe you but because they just want to. Isn’t that the way you are? Here are just a few things you can do to help those who are important to you: 33 • Post their information on your website or in your newsletter. Benefit: You help promote them and their business. • Invite them to attend an event with you. Benefit: You help them increase who they know. • Let them know about a meeting of a professional organisation, a networking event, a speaker or some other event you think will interest them. Benefit: You help them increase who they know. • Recommend a book they will enjoy. Benefit: You nurture the connection. • Send an article you know will interest them. • Provide insight or advice about a challenge they are facing. • Buy them lunch. Benefit: You get to know them better. They will like you for that. • Ask them to contribute to your firm’s newsletter or another newsletter you know about that would be relevant to their business. Benefit: You help them gain visibility and credibility. • Nominate them for recognition and awards. Benefit: You honour them. Powerful! • Send their information in your next client mailing. Benefit: You spread the word about them. • Introduce them to a potential client or referral source. Benefit: You increase their business revenues. This is the most powerful and rewarding way to network. • With their permission, quote them in one of your articles as an expert. Benefit: You enhance their reputation. • Invite them to speak at an organization in which you are involved. Benefit: You open doors to new opportunities for them. • Ask them to speak at a training session your company is hosting. Benefit: You help them gain visibility. • Ask them if they’d like a recommendation on a professional networking site such as LinkedIn. Benefit: Who doesn’t want to be recognised favourably and publicly? Your efforts on behalf of others will often encourage them to be on the lookout for opportunities they can bring your way. The BEST way to get a referral is to GIVE one. I caught up with my friend Mario for coffee recently. Not long into the conversation Mario said, “So Ron, how can I help drum up some business for you?” We spent the next 15 minutes identifying potential buyers of my services who Mario knew and would be happy to introduce me to. Then we spent another 15 minutes exploring who I knew that 34 Mario wanted to meet for his business. That’s friends helping each other for you and it all started with Mario’s act of generosity. Are you generous enough to your friends? Friends helping each other with introductions and referrals beats the hell out of cold calling for appointments with decision makers. Never forget that real networking is always a 2-way street for you and the other person. Keep listening to those you meet and for ways to help them or notice if they have something useful for one of your contacts. This is not a selfless act of philanthropy or being unrealistically optimistic. It is sound relationship-building practice that consistently generates profitable returns. Your contacts will always be grateful for your help and will be even more likely to keep their eyes and ears open for the chance to repay your kindness. And doesn’t doing a favour for a friend just make you feel good anyway? Follow up with those good connections you have made. Attending networking events is worth little if it doesn’t result in actual relationships and business. Why would you undo all the good work you did in meeting new people by not following up and expanding those initial conversations? You have 24 to 48 hours to follow up. After that it is often too late! Few people follow up with their new contacts. When you commit to diligently following up your new contacts, you will stand apart from the rest and take a big step towards building a strong network that will supply you with a steady stream of business and referrals. You can go to 20 networking events a month, but if you don’t follow up with those good connections you’ve made, it’s all for nothing. Following up is easy when you create a reason to follow up. If you are asking good questions and really listening during your networking conversations, you are more likely to hear a need that you can help with later. Then, based on the need you picked up on, you can call or e-mail your new contact with an idea, a resource or piece of information that they will find helpful. Make sure it is something they actually want and is not just about your product or service, unless, of course, they have specifically asked for that information. A good time to create a reason to follow up is during your initial conversation. When you meet someone interesting and with whom a potential relationship exists, consider following up with an invitation to join your network on LinkedIn. They get to see everything about you and vice-versa, including shared connections and other information that can move your relationship forward faster. If you are unable to identify a need and you still want to follow up with the person, here are 9 easy follow-up actions you can take: 1. Connect them (electronically) to someone you think they would like to meet. 2. Forward an article on a topic that will interest them. 35 3. Invite them to coffee so that you can “hear more about what they do” and brief them on some of the things you’ve been able to do for individuals like them. 4. Invite them to an event you are attending. 5. Invite them to connect with you on LinkedIn. 6. Follow them on Twitter. 7. Send them a friend request on Facebook. 8. Forward information on a seminar or event they might find of interest. 9. Introduce them to an opportunity that will help increase their profits. 10. Link them to useful resources. The best follow-up from a networking event is one that provides value to the recipient. If you have taken the time to learn and understand what might be useful to your new contacts and you are generous with your contacts and resources, you will find it much easier to follow up with them. Do not use the first contact after a networking event as an opportunity to pitch your business. “Hi John. Nice to meet you and by the way if you are looking for (your product or service) I can help you.” That not-so-subtle approach says, “I’m not really interested in you unless you want to buy from me”. An experienced networker knows it may take a few conversations to move into sales mode but when you get there, you have a better chance of success. I go to a lot of networking events throughout the year. So I give out a lot of business cards. Often after an event I will get an e-mail from someone I’ve met that reads like this….”It was great meeting you at------event. If you ever have a need of our services in the future don’t hesitate to call me”. “Visit my website at www.” This is no way to follow up with anyone—impersonal, no value provided. Generic messages of this kind read like spam and are likely to annoy the receiver. If you move into sales mode too quickly, you may ruin any chance you have of making a sale. Just as you would rather do business with people you know, like and trust, others want to do business with you for the same reason. It’s only when you sit down one-to-one with people that you begin to find areas of commonality and synergy. And it’s only when people get to like and trust you that they will start to feel that you are someone they can do business with or refer their friends to. You need an effective follow-up action plan. When you go to networking events, you will leave with piles of business cards. What you do with those cards is critical to getting results. With too many people, those cards end up sitting around for months and nothing is done about them. If you don’t have a follow-up plan you will become overwhelmed with the amount of cards piling up. Essentially, at that point, the cards and contacts you have spent all that time and money making becomes useless. Follow-up is an ongoing process. Don’t think you need to make a sale or get referrals from your first or second contact with someone. 36 As a rule, people won’t buy from you or refer business to you after an initial meeting at a networking event, so you will need to re-connect with them a number of times before you’ll see results. Statistics show that we need to contact (reach out to) potential clients and referral sources 4 to 8 times (sometimes less, but rarely) before they actually become a client/customer or consider referring any business our way. This means sending e-mails, making phone calls and meeting in person with your contacts to build the layers of trust needed for successful revenue-generating relationships. Your networking follow-up should strive to create value in people’s lives by helping them to solve problems, by connecting them to other people who can help them and by sending them helpful pieces of information they can use to achieve their goals and overcome their challenges. This is how you get more business and referrals to flow to you. Big questions: Do you have a contact management system so you can follow up with those good connections you make? And, do you have a process for staying in touch after the initial follow-up? Don’t include a sales pitch for someone to buy your products or services in your initial follow-up communication unless that person has specifically asked for them or indicated a need for them. Don’t ask someone to meet up to learn more about their business and then spend the entire time talking about your business. If you invite someone to learn about their business, stick to that agenda. If the other person asks about your business then you can talk about it. Too often people use learning about someone’s business as a trick or plot to pitch their own products or services. Follow-up, done rightly, turns people you have met into people you know. When you meet someone you’d like to know better, someone you think could become a networking ally, invite them to meet you for coffee, lunch or a drink after work and discuss the details of each other’s business further. Here are some sample follow-up notes that might suit the situation for you…… Hi John, It was great meeting you at the Local chambers networking lunch yesterday. We should meet up for coffee/lunch sometime in the next two or three weeks. When are you free? By the way, I noticed on your website that your company sells XYZ services to ABC businesses. I know a few people that could be interested in your services. If you’d like, I’d be happy to make some introductions for you. Regards. Hi Jane, I enjoyed meeting you at the networking breakfast today. We seem to have a bit in common and, if you’re interested, I’d like to have a longer chat with you at some point. If we get to know each other better, maybe we can be helping each other find some fresh business opportunities by introducing one another to people we know. 37 Indeed, based on our conversation this morning, it seems to me that I probably know some people who could be interested in your services. I’ll try calling you during the next week or so to see if you’d like to go for a coffee. Of course, you’re welcome to call me if you have a free moment. Cheers. Hi Rob, It was a pleasure to meet you at…….. Regrettably, we did not get much time to talk and, if you have the time, I would appreciate catching up with you and finding out a bit more about your work at ABC Company. I’ll try calling you early next week to see if we can arrange a time to get together. Cheers. Your follow-up doesn’t always have to relate to business……. Hi Mary, It was nice to meet at….. I remember you talked about your love of Thai food. I’m attaching a link to a great website that features all Thai restaurants in town. Cheers. (By doing this, at the very least you will get a response, and at the very most, you will establish a brandnew networking connection.) Remember, the initial meeting following the event is NOT a sales call—it should be a relationship building session. Rome wasn’t built in a day. Use this meeting to learn more about the person’s business, their issues and challenges and, yes, how your company can be of assistance. The key hear is to ask questions and LISTEN. As you show interest in them and their business, they are more likely to become interested in you and your business. Your goal at this meeting is to “end the conversation with the future in mind”. In other words, create a commitment and obligation to do something. Whether, it’s something you are going to do for each other, something you are going to do for them or something they are going do for you. This gives you a reason to stay connected and helps to build relationship momentum. As you follow through with ongoing e-mails, phone calls and in-person meetings your contact is more likely to work with you or refer someone else to you. Follow-up begins at the event during the conversations you have. You need to personalise your follow-up communication by mentioning something you spoke about. A generic “Nice to meet you” won’t cut it. Make notes on the back of cards you collect so you remember your conversations. 38 If you really connected with someone clearly state your interest to keep in contact. Are you on LinkedIn? When you meet someone interesting and with whom a potential relationship exists, consider following up with an invitation to join your network of contacts on LinkedIn. They get to see everything about you and vice-versa (if they are also on LinkedIn), including shared connections and other information that can move your relationship forward faster. For further help and advice on making your networking follow-up easier and more rewarding, see my article, “EFFECTIVE FOLLOW-UP FOR SUCCESSFUL BUSINESS NETWORKING” And some final thoughts to leave you with…… • • • • • • • • • • • • • • Say thankyou a lot…..and put it in writing. Actively look for opportunities to connect people you think will benefit from knowing each other. After the event, review whether or not you met your objectives and identify where you might improve. Set a target number of events to attend (one a month, quarter, etc). Join a networking /referral group. Attend events for parallel/allied industries. Attend one or two events a year that are out of your normal parameters, exposing you to new people who you may never have thought might be helpful. Look for ways to network beyond networking events. Sometimes the best connections are made when there’s no pressure to network. Be friendly and look for opportunities to connect with others wherever you go. Help your clients, prospects and other contacts get more business. Effective networking will do much more to grow your business than cold calling or any well-designed brochure. Make keeping in touch with your key contacts part of your daily routine. Take the time once a week to have lunch with someone who is important to you. Attend at least one networking event a week– this will help you keep your commitment to networking: you will build a momentum for gathering leads and contacts which will keep your business pipeline filled on a permanent basis. Get to know your contacts better. The more you know about someone, the easier it is to make connections for them and uncover opportunities for your services. There are four things I like to get to know about my business friends. 1. Who their family members are and what they’re about. 2. What their interests are outside their work. 3. What their talents are, their skills, their 39 • • • • • • • • • • successes, their achievements—I can’t advocate them and their business without knowing this vital information. 4. Who THEY know, who they do business with, what memberships they have, what boards/committees they sit on—this tells me who I want them to introduce me to. Let your contacts get to know you better. The more they know about you, the easier it is for them to make connections for you. Ask your contacts to introduce you to people they know. Be a connector. It’s important to make connections between people you know and people you just met. If you meet someone who would benefit from someone you know, make the connection. (It’s always best if you arrange a 3-way meeting where you can make the connection in person.) While it’s important that you get to know your existing contacts better, you also need to meet new people and grow your circle of influence. The sooner you can find common ground with someone, the sooner the barriers between you disappear. Unless you get to know your contacts, you will never know who they can put you in touch with. Reciprocate. Give something back to anyone who gives you something. Show up early. If the invitation says 5.30pm for 6.00pm, get there at 5.30pm. The first half hour is often the most productive for networking. Stay a little late. Some of your best contacts will be made when the “official” part of the event is over and in the final moments prior to their departure. As you leave the event, send a text message to those good connections you made, saying you enjoyed meeting them. At the end of the day, we go to networking events so we can grow our businesses. We meet people and (by following up and staying in touch) build relationships so we will receive referrals from them over time. And if they recognise that they struggle from the problems you can resolve, they’ll buy from us too. What this article is about is how to do it well so you can increase your marketing, business development and sales success. Although increased sales/business is the end goal, we don’t engage in business networking to sell. We do it to find and develop authentic relationships/friendships with people who we can help and who can help us. When we detach ourselves from the need to make a sale and focus on how we can help others to succeed and prosper, we contribute to their success as well as our own. You need to get out there and meet people, if you want to grow and sustain your business. There’s a direct correlation between the hours you spend making connections and profit. The more hours, the more profit. 40 Remember these guidelines when you venture out of your office into the world of networking functions and events. Make the most of the time you spend while you’re there. I hope this helps. I have personally found that by implementing the strategies and tactics laid out in this article my networking efforts have consistently resulted in real business, real relationships and real referrals. Both my business life and personal life have benefited and I hope yours will too! Happy networking. Maybe we will see each other at a networking event some day.☺ Now that you’re better equipped to make those all-important network connections, the challenge is how to successfully transform your connections into revenue-generating relationships. For real-world answers and solutions to this challenge, read my articles entitled ”EFFECTIVE FOLLOW-UP FOR SUCCESSFUL NETWORKING” and “TRANSFORMING YOR CONTACTS INTO BUSINESS”. Referred to as “That Networking Guy” by many organizations, Ron Gibson provides in-depth networking training and coaching, focusing on business growth and development. Get Ron to speak at your next conference or sales meeting about how to bring in more business, more consistently and more often. Ron can be reached on mobile 0413 420 538 and email gonetworking@iinet.net.au “We can attribute tens of millions of dollars in additional sales and new business to the networking skills training programs that Ron Gibson has run for our people.” — Norm Roberts General Manager, Mobile Lending Perth CBD and Mt Lawley ANZ Banking Group Footnote: Through the years my experience has been that many (around 30%) of my most profitable relationships established with other business people began while networking at events, breakfasts, lunches, social outings, etc. These are not people I see on a regular basis, just like minded individuals that I have had the good fortune to meet once or twice then stay in touch with via e-mail monthly, quarterly or in some case just a couple of times a year. The common factor in all cases though is that I have followed up and met with the individual face-to-face, usually over a cup of coffee, for a substantive conversation. My point here is that not all of your future business and opportunities will come from strong relationships you have with the likes of strategic partners, referral allies and long-standing clients and customers. So if you’re not continually meeting new people and following up and staying in touch with them, you’re missing out on getting a ton of new business….It’s that simple. making your networking more profitable PO Box 693, CLAREMONT WA 6910 ABN 53 080 023 052 Phone: (08) 9284 2464 Mobile: 0413 420 538 Email: gonetworking@iinet.net.au You need to get out there and meet people to generate business…. HOW TO ENJOY AND GET THE MOST OUT OF BUSINESS NETWORKING EVENTS ....by Ron Gibson In business, personal connections are everything. People prefer to do business with those they have previously met or who have been recommended to them by people they know. This is strong incentive for business people and professionals of every kind to build their personal networks. The most successful people in business are invariably the best connected. Having connections makes growing a business so much easier. During a weak economy, the businesses that have built a network survive and prosper when other businesses are struggling. In troubled times people with a strong and expansive network have a circle of people they can call on for referrals and opportunities. To say you don’t have the time to get out there and meet people because you’re busy with work today, means that when you’re not busy tomorrow and you’re looking for business to keep the revenues flowing, you’ll have hard time of making it happen. Why? Because you won’t know enough people to contact and offer your products or services or ask for that introduction to the “buyer” you want to get in front of. One of the best ways to meet people who can help you grow your business is by attending networking events. These might be “after-hours” meetings hosted by your local chamber of commerce, lunches organised by industry groups, business breakfasts and the myriad social functions associated with conferences, seminars, trade shows and so on. Networking at events can open a lot of doors for both yourself and your business. (The good thing about a networking event is the informal and relaxed setting you’re in – it’s an atmosphere where people who might be interested in your business are more comfortable to talk with you because both of you are outside the “buyer/seller” context. When you cold call potential ”buyers” and potential “referral sources” they generally have their defences up because they feel like they are being sold to. What’s more, at a networking event, hard to get to decision makers are free from their gatekeepers who screen their calls and e-mails.) 2 The value of networking events cannot be denied or overlooked as a critical way to meet people who can take your business to the next level. Attending networking events is one thing. But making the most of them is quite another and requires the ability to connect with others and engage them in a way that makes them interested in conversing with you. The questions that you ask, the ideas you bring to the table and your people skills combined with your networking strategy and your willingness to give of yourself first (before you ask for anything) are the fundamentals of what it takes to make solid connections for business. Networking, done rightly, can generate the lion’s share of your business. As you read this article, you will gain insight to my philosophy of networking and get practical, real-world how-to advice on how to make the most of networking events, conferences and other face-to-face opportunities. Advertising, brochures, websites and on-line networking via LinkedIn and Twitter all have a potential role in the growth of your business, but nothing can consistently connect you with prospects and land you new business like face-to-face networking can. Where to go? The best events for networking are the ones your ideal clients/customers and referral sources go to. (There’s an old and true saying in sales and it goes something like this: when you’re hunting elephants, find out where they gather and go there.) Most people in business belong to an industry or trade association. Simply ask your clients and referrers what meetings they go to and ask if you can tag along with them. At the meeting, have your client/referrer introduce you to people they know. And if anyone asks what you are doing there, tell them you want to learn more about the industry and to meet people and get to know them. You are 100% missing out on good business if you aren’t going to networking events. But you need to choose the “right” events. If you’re at the right event, you’re bound to see someone you must speak to. The sheer number of networking events happening in any given month can be overwhelming, so choose the type of events most suited to you. If you’re not a morning person, breakfast meetings may not be your thing. If you don’t like mixing and mingling at after-hours drinks gatherings, find another kind of event. It’s more productive, not to mention, more enjoyable to find organisations with activities you enjoy at a time of the day that works for you. Keep in mind that all networking does not have to be workrelated. Beyond meetings and functions organised by your local chamber of commerce and business/industry association and networking/referral groups like BNI and Rainmakers, you can make valuable connections with like-minded people by joining a civic organisation like Rotary, by getting involved with a charity or community group, by joining a sporting or leisure club, by starting your own networking group or by taking a course or class of some kind. (For more ideas on where to go to expand you’re your circle of contacts and connections, read my article entitled, NETWORKING OPPORTUNITIES ABOUND:42 WAYS TO RAISE YOUR PROFILE IN YOUR LOCAL COMMUNITY. 3 Getting out to networking events will do more to build your business than making cold calls, advertising and spending money on a website or well-designed brochure. My philosophy of networking. The ability to network, and network well, is one of the biggest factors in business and personal success. For me, networking is about making friends and building real (strong and authentic) relationships. There are no tricks or systems. A great network is formed by a genuine desire to meet and get to know people and, most importantly, help them to succeed and prosper. The more friendships and relationships you have, the more clients you’ll have, the more business you’ll have. It’s as simple as that. The hardest part is making the effort. I like being friendly. I’m almost always the first person to say hello and initiate a conversation. I believe that most people are friendly and are happy to talk to me. I believe if I focus the conversation on the other person (rather than on myself), listen to what they say and add to the conversation where appropriate, I will likely make a good connection. Be yourself. Talk real, act real, be real and you will find that good things will follow. I believe that most people go to networking events to better themselves and their business. If I can help them move closer to meeting their goals then it could be the start of a good relationship that will better me and my business too. I believe that until people get to know me better and realize that I can help them in some meaningful way, they are probably more interested in themselves. I believe helping people helps me. If people see having a relationship with me can be useful to them, they will work at making the relationship useful to me. Giving begins the process of receiving. I believe that if I make myself valuable to others they will want to make me part of their network. Successful networking should be genuinely selfless and altruistic, always giving referrals, making introductions and opening doors for others without remembering your simple favours or keeping score. I know that it is up to me to make people aware of what my business is about. I know that the chances of getting a referral are greatly increased if people understand exactly what I do and the problems I solve. I also know that I’m kidding myself if I think that by just doing good work for my clients I’m going to get all the referrals I want. I’ve learned that I need to be doing something every day to make referrals continually happen and this includes reminding certain individuals that their referrals and introductions are important to me. I work hard at trying to give three or four quality referrals a week. I’m always on the lookout for people to connect. When you constantly look out for opportunities to put people together those opportunities easily appear. I never feel bad about asking for referrals and introductions because I’m always giving them. When I go to networking events, I’m always on the lookout for people who I can connect to my clients and others I know. These actions are a great way to build your reputation as a well-connected and respected individual. You will also start to attract more 4 opportunities for yourself and your business. If you are not sure what will come of the referral or introduction that you are making simply state that up front and then follow up by saying that you think the connection could be helpful and briefly describe how. Giving starts the process of receiving. For me, real networking is more about what happens after you meet someone rather than the initial meeting itself. The key to getting the results you want from networking events is meeting people afterwards and getting to know them better and keeping in touch. What are networking events for anyway? Networking events are great for meeting new people, but they are not the place to bend someone’s ear for an extended period. That initial encounter should be just about rapport building, discovering common ground and creating interest in taking the conversation further. Your goal is to start a conversation or relationship that can be continued at a later date. It’s the follow up and ongoing e-mails, phone calls and in-person meetings that turn new networking contacts into relationships and transform relationships into business. Networking is about helping people. This is the most basic rule and the reason selfish people fail at networking. Call it karma or whatever you like. What goes around, comes around. Your networking success will depend on how successful you are at helping others. Think about it. If you cannot or will not help others who can live comfortably without you, why should they go out of their way to help you? The most important concept that will help you get the most out of your networking efforts is to understand that you can provide value and be helpful to others without selling them your products or services. When you meet someone you like, ask yourself, “How can I help this person?” “What one piece of information or advice could I give this person?” “Who can I introduce this person to?” Everyone goes to a networking event to better themselves in some way. When you’re meeting people, the question you have to ask yourself is, “How can I make this person better off as a result of connecting with me?” I like to get my contacts to tell me about a business challenge they are grappling with. That way, I might know somebody who can help…and that’s a good way to start a new relationship. For networking to work for you, you must have an attitude of helping people. A good networking conversation is one where you find out how you can help each other. People respond to anyone who will help them get what they want. So find out how you can help as many people as you can. Become their lead source, referral source, information source. They will be motivated reciprocate by helping you get what you want. Make it known to your contacts that you are interested in helping them and serving them. If you do this consistently in your conversations and electronic communications 5 your reputation will rise dramatically and, as a result, you will attract more business and referrals. What you can do for people means nothing until you take action to follow through and do it. Have an objective when you go to a networking event. That way, you will feel more purposeful and find your actions more directed instead of wandering around the room aimlessly. It could be that you’d like to meet a certain individual whom you know will be attending. Maybe you choose to find two potential referral sources for your business or for a friend’s business. Perhaps you’d like to meet the speaker or re-connect with a certain someone you met at last month’s meeting and who you’d like to get to know better. If you cannot come up with a specific goal for the event, introduce yourself three or four people and learn about their businesses and then make them aware of yours, which is an excellent goal for almost any networking occasion. Don’t leave until you achieve your goal/s. Identify specific people you want to meet or talk with. Determine how many conversations you want to initiate and the number of post-event meetings you want to set up. If you can have a meaningful conversation with two or three people and agree to talk again later, then you’ve had a successful event. It’s about quality contacts versus quantity. When I go to a networking event, my aim is to make two to four meaningful contacts and invite them to meet me for coffee. It’s incredible what can happen over a cup of coffee. A good conversation in a relaxed setting often leads to good business and referrals for me. Often, people are tempted to distribute and collect as many business cards as possible during a business event. You will get better results by setting a goal of making between two and five new contacts at each networking event you attend. By limiting the number of contacts, you are able to focus on quality connections, deeper conversations and building rapport and trust with each person. If you’re not sure why you’re going to an event or if your heart just isn’t in it, your time is better spent elsewhere. Many people show up to events late, sit by themselves, speak only to people they know and then sneak out early. These people leave thinking, “Well that was a waste of time”, when actually it was a wasted opportunity. You are there to meet people. I have attended many networking events where groups of people would just sit at one table or stand around together and talk amongst themselves. That’s a waste of time and opportunity. Whenever I go to a networking event with a colleague, we split up to meet new people. Being on your own allows you to focus on why you are there and that is to meet other people. It’s up to you to connect. So be proactive. Don’t just stand around waiting for others to approach you. Even if you are reserved by nature, now is the time to break out of 6 your comfort zone. Everyone else in the room is there for the same reason as you and that is to meet others. So take comfort in knowing that nobody is going to snub you, if only because you might somehow be of value to them. Getting along to networking events can seem daunting at first, but only if you let it. Once you get started going to these events you will find them to be rewarding experiences. Maybe you have some feelings of apprehension at events with people you don’t know? Realise you’re not alone. If you ask most people who attend business networking events, they will tell you (if they were being honest) that there are certainly some feelings of anxiety and uncertainty when it comes to meeting new people. Rather than thinking that you’re the only one in the room who’s not feeling right at home, instead understand that you are amongst the majority of people who feel the same way you do. If you’re going to talk to people you already know, make sure it fits with your objective, not just because you feel safe. Here are some insights and tips to help you enjoy yourself more, have better conversations and create more opportunities when you’re meeting new people: • Initiate conversations with a simple “Hello there. I haven’t met you yet.” or “Hello there. I don’t think we’ve met before. I’m…….” or “ Hi. We haven’t met. I’m……” (said with enthusiasm) is generally the way to go, rather than trying to figure out the perfect opener. If you are on your own, you could start with something like, “I’m here by myself, do you mind if I join you for a while?” • What do you say after “Hello”? I like use the context. The place I’m in, the event I’m at often gives me fodder to get the conversation going. And I like to lead with a simple, non-threatening question. If it’s my first meeting with a new group, I’ll say something like, “Nice to meet you John. This is my first time here. Are you a regular? What can you tell me about this meeting?” If I’m at a conference, I’ll ask the person something to do with the conference, such as “How are you enjoying the conference so far?” or “What did you think of the last speaker?” or “What do you think of the venue they picked for this conference?” Sometimes, instead of leading with a question, I’ll comment on something I see. Whether I’m in a queue, at a party, in someone’s office or wherever, I’ll comment on something I see. This usually invites a positive response from the other person and the conversation typically goes from there. When I’m meeting someone for the first time in a professional/business/workrelated context, I’ll often ask them about their job, and I may continue with questions such as, “What do you do precisely in this job?” or “How did you get into this field?” A good alternative to asking about the other person’s job at the beginning of a conversation is asking about the company or organisation they work for. Consider questions such as, ”How did you start working at this company?” or “What’s it like working for XYZ company?” (For a whole host of ice-breakers and opening lines that you can use to start conversations in networking situations see my article entitled, “STARTING CONVERSATIONS WITH NEW CONTACTS”.) And, later in this article, you’ll find some of the best questions you can ask to make your networking conversations more enjoyable and more fruitful. 7 It’s easy to arrive at an event, see a friend or colleague and spend your time catching up with them. But you must also commit to meeting new people and initiating new relationships. Aim to meet three or four new people at each event. If you keep this goal in mind, you will be conscious of the time you spend talking with any one person. • The key to initiating a good connection in person is to forget about yourself, focus on the other person, and ask a question about them. It doesn’t have to relate to you or what you have to offer ― just a question that they can answer. “What did you think of the speaker tonight?” is a good question. Or, if you happen to know something about their firm, ask about it, for example, “I’ve seen ABC and Associates in the news recently, haven’t I? You’re involved in that new Z project, aren’t you?” is an even better question. See my article entitled, “STARTING CONVERSATIONS WHEN YOU”RE NETWORKING” for a whole host of ways to make that allimportant initial connection. When you get an answer to your question, pay attention to it. Everything you say next should relate directly to what the other person said. For example, “Good speaker, you say. What appealed most to you about her talk?” This is a much better way to kick start a conversation than beginning with some blurb about you or your business and can make a good initial connection. So, when do you talk about yourself? Ideally, when you’re asked! • Don’t ever feel that someone will not want to chat with you, no matter what level they may have achieved professionally. In the end, people are all the same. The idea is to have something that is interesting enough or important enough to gain the person’s attention. Hint: Make the conversation about THEM and THEIR world. Try to provide them with something they can use such as information, a resource, a lead or a referral. • Look for people who are open for a conversation. Sometimes the biggest challenge for people at a networking event is knowing who to approach. No one wants to just “barge in” and find themselves intruding on a private discussion. At the same time, you are there to meet people and that means initiating and breaking into conversations. Knowing how to read body language is important. At your next event take a look at how people are standing physically grouped together. You will see that people stand with their bodies clearly indicating whether or not they are open to having someone approach and join them. What you are looking for is “open” verses “closed” groups. When two people are facing each other and getting in to a deeper level of conversation, their body language says they are preoccupied and would not appreciate being interrupted. The same applies to groups of three or more individuals. When they are standing close together in a closed circle, it indicates they are having a private discussion or they are not interested in meeting someone else at the moment. These are “closed” groups. They would not be groups to break into and introduce yourself. 8 “Open” groups are the ones to join: they make it easier for you to break into conversations in progress. If two people are standing at an angle (i.e. their stance is open and facing the crowd) and it appears they are not deeply engaged in conversation or they are glancing around the room, it’s a safe bet they will be happy for someone to join them. Make eye contact, smile, walk up and say something like, “Hello. I don’t think we’ve met before. I’m (your name).” The same rule applies to groups of three or more individuals. If the group is standing in an open circle which has a gap for someone new to move into, plus one or more members of that group makes eye contact with you, again, it’s a safe bet you’ll be welcomed into the conversation. All it takes, is for you to approach the group and stand on the periphery just where the gap is. If no-one acknowledges you, say nothing to begin with, just listen and tune into the conversation. When there is a lapse (pause) in the conversation, simply ask if you can join in. “Mind if I join you for a while?” You will get a “yes” of some kind and then you just have to fill the gap in the circle. It is also important to know that when you first break onto a group like this, it is not the time to introduce a new topic or, worse, attempt to take over the conversation. Just listen in and add to the conversation where appropriate. Eventually the conversation will shift to who you are and what you are about. You are likely to get a positive response when you approach someone on their own or a group of three or more people. The dynamic of two makes it difficult to break into a conversation and you could be waiting on the sidelines for some time. When you’re at a networking event, stand in open twos or threes so that other people feel they can join the conversation. Don’t close your group off. Don’t sit down until the event’s program begins. If there is no program, you can sit once you have connected with someone. If you accidentally enter a group involved in a private conversation, excuse yourself with something like, “I’m sorry. I didn’t realize this was a private conversation. Excuse me.” You can always join that group later when they are less involved. Find someone who is all alone. People by themselves will often be the most open to meeting others. Introduce yourself and then make a comment related to the event, group, venue, sponsor, speaker, trade booth or workshop. Making small talk about the situation or environment you are in can help you ease into a meaningful conversation. “So Tony, what’s your connection with this group/organization?” Approach someone who looks friendly, someone smiling with open body language and making eye contact with you. It is easier to approach someone who at least appears to be approachable. And you want to be sure that others feel comfortable approaching you. If you see a person standing alone, invite them into your conversation. They will be grateful to you for doing this as you have taken them away from the uncomfortable position of standing on their own. Your kind act could eventually lead you to some new business or opportunity via the person you helped in their moment of need. 9 You really can only comfortably meet about three or four people in the time you have available at most events; sometimes a few less and sometimes a few more. You want to meet people who can connect you to more business. In other words, choose the right events for your business. If you want to meet accountants or property developers or architects, find out where they meet and go there. Look up industry associations, check out relevant industry publications and ask your clients and prospects which organizations they belong to and what events they attend. You need to go where your prospects are or where the people who can connect you to your prospects are. If you’re naturally shy, you may want to arrive early and that way the next person to arrive will usually come up and speak to you. Go with a client or referral ally. There are three advantages to this strategy. First, by committing in advance to attend an event with a friend, you are less likely to find a last minute excuse not to go. Second, the odds are that your friend will know people you don’t know and consequently you will have a much easier time meeting new people. Third, you get to strengthen your relationship with your friend. Look the part. Appearance does matter. People judge you from what you look like 3 metres away, so dress professional when you go to a networking event. Be genuine. Business networking is about being the authentic, real you. Putting on a fake persona or mask and trying to be someone you’re not will do you no good. No one likes a phoney. No matter how great you are and how great your product or service is, it won’t matter one bit if others feel you have something to hide. Always be authentically you, represent your business honestly and build genuine relationships with your network contacts. The financial rewards will definitely flow. Genuineness creates a climate of trust and enhances communication. When I go to events, I participate and get involved. Nothing more, nothing less. I say hello and introduce myself. I ask questions. I listen. And I add to the conversation where appropriate. It’s that simple. I show myself through my passions and interests and my willingness to learn about others. I enjoy meeting people and helping people for itself and not for what it will get me. I say this is who I am and what I do. If you like what I say, great, and if you don’t, that’s okay, but here I am and I’m enjoying myself and being myself. I don’t try to force my business into the conversation because “business” will arrive in conversation all by itself as a matter of course. People will talk about what they do in business and they’ll be curious about what I do. That’s what happens at a networking event. I don’t have to force anything to happen .I can just relax and have some fun and so can you. Don’t be that guy. You know the one. He goes around to everyone in room, interrupting conversations in progress, just to shove his card in your hand and talk about his business. And then he moves on without enquiring about your business. Take the time to have real conversations. If someone you meet doesn’t interest you, don’t pretend that you are interested in him or her just to keep the conversation going. You can’t fake liking or being interested in 10 someone. If you try, you will come across as insincere. Spend your time with people who feel right to you. (Later in this article, you’ll see how to “exit” a conversation.) Interestingly, in the book entitled The Tipping Point, Malcolm Gladwell points out that we will have something in common with 1 out of every 2.73 people we meet. So there’s no need to try to force a connection with someone in whom you’re not interested. If you’re continually out there meeting new people, you’re going to naturally “connect” with about 1 in every 3 people you meet. Don’t pitch and sell at networking events. Whenever I go to a networking event, I’m always reminded of what not to do. There’s always someone (or several someones) who think their purpose in being there is to hand their business card to everyone they meet and pitch and sell their wares. These people don’t get it. They’re continually forcing their business into the conversation, slipping in pieces and parts of a sales pitch, trying to make a sale. BIG MISTAKE! If you’re attempting to sell to people when you’re meeting them for the first time they will be put off by your approach. They won’t want to talk to you. And they won’t want to be around you in the future because they know you are going to pressure them and try to sell them something they don’t need. (Okay, in some cases, you might get the sale but you’ll have a hard time getting referrals, repeat business and a good reputation.) Few (if any) people go to networking events looking to buy. So you have to ask yourself what is the point of trying to sell to people who aren’t in buying mode. Think beyond the short-term gain and focus on relationship building. After all, wouldn’t you prefer to get ongoing referrals from a long-term relationship than one sale from a passing contact? Trying to sell someone you just met is off-putting. You will shut the door on the potential for a future relationship. BIG QUESTION: How do you know if you’re selling? BIG ANSWER: If you’re talking about the features and/or benefits of your product or service, if you’ve offered them a brochure and if you’ve given them an invitation to learn more about your business over coffee, then you are selling. Unless they have specifically asked for this information. If they haven’t asked, you’re selling. Here are some how-to pointers to help you have better, more productive conversations when you attend networking events: • Think conversation, not sales pitch. After the initial pleasantries, try to learn something about the person you’ve just met. Ask a question. For example: “What is your connection with so’n’so/this group/all these people?” or “What made you decide to come along to this meeting?” or “Have you been to one of these meetings before?” And, when you have established enough rapport: “What is your business about?” or “What’s keeping you busy at work these days?” It is not about interrogating people. You are not going to fire a whole bunch of questions at them. Indeed, just one or two engaging questions is often all it takes to get a conversation going. And, if you talk with anyone for five minutes, you will usually find something in common such as a shared interest or experience or maybe a common acquaintance or goal. Find common ground and you’ll have plenty to talk about. It helps making “connecting” easier and opens the door for you to move forward and discuss business from there. 11 The people who get the most out of networking begin a connection with casual conversation, engaging questions and meaningful dialogue so they can get to know the other person. • Remember why you are there: to meet people. And the whole point of meeting people is to give you a starting point for developing a relationship. New contacts almost never become clients/customers or referral sources as a result of a one-time meeting. It’s the follow-up that gets things to happen for you. (For insights, strategies and tools to help you follow up successfully with your new contacts, see my article entitled, “EFFECTIVE FOLLOW-UP FOR SUCCESSFUL BUSINESS NETWORKING”) Networking events are not the place for pitching, selling and closing business on the spot. They are an opportunity to meet people to then follow up with. • Hold back from talking about your business. Instead, ask the other person about their business. In networking situations, we are often tempted to tell others everything we can about our business. It is like we have this idea that if they know all about what we do they’ll recognize how much they need us. It’s a better approach to learn about the other person’s business before telling them about yours. Ask them what they do. Then, when they answer, ask even more questions. For example: “How did you end up working for (name of company/firm)?” “Where did the idea come from to start your own business?” “What do you like most about what you do?” ”How do your clients/customers benefit from dealing with you?” “Who makes a good client/customer for your business?” In my opinion, it’s better not to talk about your business until you are asked. At that point, you’ll be able to give the person you are networking with information that is relevant to them and they will be ready to hear it. To make the most of a networking event, detach yourself from the outcome of having to generate new business. Your focus should be on finding something in common and establishing a rapport as you are meeting new people. The other stuff will take care of itself as a natural by-product of your “relaxed” approach. Inevitably, they will eventually start asking you about what you do. Now you’ve just created the opening to talk about your business, without even trying. • Make friends first. Your goal is to make people feel that you are someone they can trust. Someone they can believe. Someone they can potentially do business with. The less you focus on getting business, the more likely it is that you will make a successful connection. Everyone understands we are all in business fundamentally to generate profits. But your chances of gaining a new client or a referral are greatly increased if you are also perceived to have a wider purpose to life than just closing your next piece of business. The most important lesson to learn from the best connected individuals is that little of their networking activity is carried out with any specific business goal in mind. They concentrate on having meaningful conversations with the people they meet and getting to know them as “people” and not solely as “prospects”. (Some people say to me, “I never know what to say at these events. What do you talk about?” My response to that is ”When you’re out with friends, what are some of the typical topics of conversation you have?” They reply, “Family, friends, work, kids, 12 travel, weather, leisure, current events, restaurants, sports, shopping, movies, pets.” Then I say, “So why would it be any different to talk about these things when you’re making new business contacts?” Most people go to networking events in search of new business opportunities. That’s okay, depending when you get down to the subject of business itself. In my opinion, it should be later rather than sooner. First, concentrate on finding out about the other person and making friends. Good things will often follow. • Learn to ask questions that uncover issues or challenges that the person (or their business) is facing. You can then position yourself as a potential solution to one or more of those issues. When I feel a measure of rapport has been established, I like to ask the other person a question like, “What are the biggest challenges for you business right now?” or “What’s on your worry pile back at the office this week?” or “What’s going on in your business these days that’s taking up a lot of your time?” • If you meet someone who seems to need your business’s product or service, resist the temptation to move into sales mode then and there. You don’t want to risk blowing your business opportunity by talking too much about your wares. Simply exchange cards and agree to talk further at a later date. Whenever I find myself in a situation like this, I’ll say something like, “Let’s find a better time to continue this conversation. Can I call you tomorrow so we can discuss this further?” Or, I might say, “Why don’t we continue this conversation in a more private setting over a coffee/over lunch/over a drink after work? Can I call you to arrange a meeting?” Other variations of these phrases are, “Would you be interested in grabbing a coffee sometime so we can continue this conversation?”, “If I could help you with that would you be interested?” and “Can I call you in a week or so to discuss the services I offer?” As a general rule, it’s best to defer the sales pitch for a better occasion and get on with meeting some other people. • Be careful not to spend too much time on subjects of mutual interest. It’s tempting to spend half an hour or more talking about things you like. Don’t. Your opportunity to meet others awaits you. You can expand the conversation over coffee, at lunch or over a drink after work at a later date. If you’ve made a good connection, the other person will be happy to talk with you again. • When you meet someone interesting who could potentially refer business to you, invite the person to get together with you one-on-one for breakfast or lunch or simply for coffee so that you can “hear more about what they do” and “brief them on some on some of the things you do for your clients/customers”. Let me give you come ideas about the kind of language you might use in this situation: “Do you want to meet for breakfast or lunch sometime and see what we can do for each other? We’re both out in the market place talking to similar kinds of people and maybe we can be making introductions for each other.” 13 “I think we might be serving the same types of customers. Could we get to know each other better so maybe we could help each other out with referrals and introductions?” “I’ve enjoyed meeting you. Why don’t we have lunch sometime and find out if there’s anything we can be doing to help each other do more business.” “Would it be all right for me to call you in the near future for a more In-depth conversation? (Then, after you leave their presence, make a note on the back of their business card that will remind you of what you talked about.) “Can I give you a call next week to set up a time to talk in more detail?” “Would you like to get together on Friday and work through the idea? ”I’m really interested in learning more about what you do, but I don’t want to keep you from the chance to meet other people here tonight. Why don’t I call you tomorrow and we’ll find a time when I can buy you a cup of coffee?” “Let’s get together sometime and explore how we can help each other get more business. It sounds like we’re trying to find the same kind of clients.” “I’d like hear more about your business and what you do for your clients. And I’d like to tell you a little what we/I do. You want to go for a coffee sometime?” “It sounds like you and I have contacts that are in each other’s target markets. Would you be interested in having coffee sometime to talk about this further? Maybe we can help each other over time with referrals and introductions.” “I think we might be able to help each other do more business. Do you want to talk about it sometime?” “I can certainly see some synergy between what you and I do. Can I give you a call next week to set up some time for a longer conversation?” “It sounds like I might know people you want to meet for your business and vice-versa. Would you be interested in talking about this further? Perhaps we can help each other with referrals and introductions.” Don’t try to sell and close business at a networking event. If you do, each person you meet will be turned off by your approach. Instead, focus on getting to know people and what their business is about so you can follow up as appropriate. • Listen more to learn more. Ask engaging questions and listen, without interrupting, to what the other person is saying. Pay attention to what is important to the person you are networking with, discover what they want for their 14 business, what issues and challenges confront them and what motivates and inspires them and you will be better placed to help them (or find someone in your network who can). If you identify an opportunity to do business with the person you have just met, it would be quite appropriate for you to say something like, “Can I call you about the problem you have with…..? Now isn’t the time or place but maybe your problem is something that I can give you help with.” or, “I think I can help you with that. Can I give you a call?” Listen completely, without the intent to respond immediately or show your knowledge. Learn to be silent. Give the other person time to finish before you jump in with new thoughts of your own. Your silence is an opportunity to listen not only for words and ideas, but for feelings. Silence encourages those who are speaking to elaborate. Pay attention to what people say, rather than simply waiting for your turn to speak. You should never be so focused on what you have to say that you forget to listen. As you listen to people, look for opportunities to ask questions based on what you hear. Tune in to THEIR problems and issues. Think about how can your product or service provide a solution? And if it can’t, is there anyone you can refer them to? If you can help the person, you’ve just started a new relationship. Let others talk and listen to what they have to say. You might find that they offer something you need. You might realise that you have something unique to offer them. You might know someone to whom you could refer them. Or you might see an opportunity for the two of you to help each other. It’s well worth the time it takes to listen. Listening multiplies the value of the information you receive. You can also gain a reputation for courtesy concern for others—positive traits for success. • As people are talking, stay in the present moment and be genuinely interested. When you’re distracted thinking about the work waiting for you back at the office or your next appointment, that comes across as you not wanting to be there. Body language, arms folded and a rushed air about you is a big turn off to the other person. • • Avoid wandering and scanning eyes when in conversation with someone, concentrate on that conversation. Your goal is one-on-one attention. Engage people. Send the right message: physically face the person completely. The most offensive thing you can do while participating in a conversation is to look around the room as if you’re trying to spot somebody or find someone better to talk to. (If 15 you’re looking for someone in particular at an event, why not ask the person you’re with to help you find them.) Looking over someone’s shoulder when you are talking to them is plain rude. You are letting them know that you really aren’t interested in them. • Balance the amount that you talk with the amount the other person is talking. Talk too much and the other person will tune out. Ask too many questions and they’ll feel like they are being interrogated. The rapport-building sweet spot is usually somewhere in the middle. People want to know a little about you and you need to know a little about them. It’s how people discover if they are interested in developing a relationship with each other. • Be open to meet anyone and everyone. If you have specific individuals you want to meet at an event and you can’t find them or you have difficulty approaching them don’t be too concerned and think your time is going to be wasted. You may meet other people and make connections you never dreamed of. Allow yourself to be open to possibilities. You never know who else they could put you in touch with. • Don’t be pushing buttons on your mobile phone or looking around for others to approach when you’re engaged in a conversation. Again, your goal is one-onone attention. It’s best to get to understand the other person and their business situation before you start unloading information about your business on them. • Usually once you get chatting, you can tell if the initial meeting will lead to another conversation and, potentially, an ongoing relationship. You may meet someone who just isn’t interested in you or what you have to say. They may be distracted. They may hijack the conversation, talk incessantly about themselves and never ask you anything. Don’t take it personally. If they aren’t interested, don’t waste time continuing the conversation. When there’s an appropriate pause in the conversation, excuse yourself and move on. If they’re unpleasant and talk only about themselves, they probably wouldn’t be a good customer/client or business referral partner for you anyway. The primary purpose of attending networking events should be to meet people and establish a “connection” with them, rather than sell your widgets. Once you have made the connection, you can arrange a follow-up meeting to discuss business at a later date. When you meet someone who you would like to speak to further, ask if you can call them before moving on to your next conversation. If the person is open to this, ask for their card. 16 Pay attention to what people say about their problems and issues. It will help you make connections for them. Remember, conversations that don’t lead to direct business may lead indirectly to business by referrals. You never know who THEY know. The only thing you should be selling at a networking event is your interest and willingness to help others. If you do that, you’ll sell plenty. It’s a hell of a lot easier to build trust by providing something of value than giving a sales pitch. Attempting to hard sell people when you’re meeting them for the first time will not only put them off buying from you but also kill any future opportunity to gain referrals from them. If you are looking to improve your ability to make those all-important connections, read my articles entitled, “HOW TO SKILFULLY CONVERSE WITH PEOPLE” and “NETWORKING KNOW–HOW:ENGAGING DURING THE CONVERSATION.” Network for “advocacy” rather than “prospects”. A room full of people at a networking event does not represent a room full of potential clients/customers to whom you can sell your stuff. It does, however, represent a room full of potential advocates. We can all be advocates for each other. If you take the time to have real conversations, you can develop a circle (network) of people who will brag about you to others. And you can brag about them. When we talk about ourselves, nobody really listens. If we can get others talking about us, it’s more powerful and, therefore, more profitable. The real power of your connections is in who THEY know: there are many more opportunities there. The vast majority of new business you will get in the future will not come directly from the people you meet at networking events. It will come indirectly as a result of your contacts dropping your name and bragging about you over lunch, on the golf course, at parties and in numerous other situations to people you have never heard of: people who would never have considered doing business with you until their trusted friend (and your advocate) recommended you. So to be sure you are getting the best return for your investment of time at a networking event, look for more than prospects for your business. Focus on meeting people who can refer you, introduce you and open doors for you. You don’t need to go after “buyers” at networking events. There is a variety of other people who can be just as valuable including, potential strategic allies and referral partners, influencers, opinion leaders and others who can endorse you and recommend you. If you just go and look for customers/clients, there is always that tension that you are sizing people up and down–trying to figure out if it is worth investing time in someone. 17 Take the stress out of your conversations altogether. Rather than looking to turn your contacts into clients, look to turn THEIR relationships into clients. This approach takes all the pressure off you “to sell” and means the other person feels no pressure from you “to buy”. Sure, there might be potential buyers of your products or services at networking events but they didn’t go there to be sold to by you or anyone else in the room. That’s a conversation for another time and place. Simply exchange cards and agree to talk in depth at a later date. Remember, the real power of networking is in the 2nd degree: it’s who THEY know. You need to be able to tell people what you do so they can talk about you to their friends. But people won’t do that if you try to sell to them. BIG QUESTION: What is the purpose of building a network anyway? BIG ANSWER: Word-of-mouth referrals. People refer business to people they know, like and trust. Think about when you needed a service provider. Maybe to fix something at your house or solve a problem at the office. Chances are you asked some friends who they would recommend if you didn’t know someone yourself. As a business service provider then, it pays to know as many people as possible who will give your name when asked for a recommendation for the type of service or solution you offer. The whole point of networking is to attract business and referrals. Rather than spend a lot of money on chasing business with marketing tactics that cost too much and produce too little, you really want to get into a position where business comes to you as a result of your network recommending, referring and introducing you. It’s the reward, not the purpose. Most companies have a mission statement: an easy to remember sentence or paragraph illustrating the business’s goals and purpose. Disney’s mission statement says, “To make people happy”. Boeing’s says, “To push the leading edge of aviation, taking huge challenges doing what others cannot do”. 3M’s says, “To solve unsolved problems innovatively”. Note that these companies’ missions are not to make a profit: profit is the outcome of and reward for fulfilling the mission. In the same sense, the mission (or the point) of networking is not to sell and close business. The mission of your networking activities is to make connections, build relationships and help others. The outcome of these activities will ultimately be increased business and referrals. Remember, it’s the reward, not the purpose. So often, people forget about the importance of relationships and trust because they are so focused on getting business. Your networking efforts will be more fruitful if you focus on becoming known and trusted instead of making an immediate sale. As you stay in touch and develop your relationships, you should have ample opportunity to discuss business in depth. Think long-term and relational instead of immediate and transactional in your networking conversations. Be ready for “What do you do?” When you are meeting people for the first time at a networking event, the question “What do you do?” invariably arises. This is a golden opportunity to arouse interest in your business. That is why having a value proposition is 18 so important. It is a clear statement about how a person or company benefits from using your product, service or solution. An effective value proposition gets people asking you questions about your business. BIG QUESTION: What response do you get when you tell people what you do? If your answer to the question “What do you do?” does not regularly start a conversation about your business, you need to change your answer. Here are some tips to help you craft a value proposition that will arouse interest in your business: • You need to distill the “value” your product, service or solution delivers to others into a handful of words (one or two sentences) that are understandable and meaningful to those who are unfamiliar with your business or even your industry. Write these words down. Read them out loud and re-write and practice them until they sound natural and unscripted • Use natural, jargon-free language that your mother would understand. Avoid using acronyms. Share your message with your family, friends and others who want you to succeed. Ask them for feedback. • Don’t focus on what you are selling but on the results or successes you create for others. Your value proposition should clearly tell your listener how your clients/customers are better off once they “buy” from you. • If you are unsure how people and companies benefit from doing business with you, ask your best clients/customers “why they buy from you” and “what they say about you to others”. Get them to tell you “what problem you solved for them”, “what need you filled for them” or “what gain you created for them”. Write this information down and get comfortable with the words. Once you clearly understand the value you create for others, you will know how to communicate your value proposition. • Be able to say what you do in a short sentence as well as a long sentence and a few sentences. You want to be understood and easily remembered but different people in varying roles and industries warrant different lengths of your value proposition. • Your value proposition (no matter how good you think it is) should never be used to introduce yourself. It should be in your head and ready for when the opportunity arises and only when it arises. i.e. when someone asks what you do. Networking is about connecting with people and making friends. If you are asked what you do, by all means use your value proposition, otherwise just focus on finding common interests and sharing ideas. If you are constantly manipulating the conversation so you can slip in pieces and parts of your value proposition, it will show. Nothing turns off others more than listening to someone who has a heavy selling agenda. 19 • Too often people have fallen into the trap of rambling on and on about their business when asked what they do. A better approach is to reveal small amounts of information about yourself and then check to see if the listener wants to know more. “I can tell you a little more, if you’re interested.” “Tell me if you’d like to know more. I don’t want to fire-hose you with stuff about my business.” • In crafting your value proposition, ask yourself “how do companies and individuals benefit from doing business with me/” and “who is my product/service/solution for?” It is important not to generalise about the type of clients/customers you want to attract. Many people, when describing their target audience, use the words “anyone” “someone” or ”everyone”. This is too vague. Instead you should be specific in order to paint a clear picture of what type of opportunities you are looking for. For example: family businesses, farm businesses, home-based businesses, young married couples, retirees, mining companies, architects, retailers, and so on. • We all think that we communicate clearly what we do, but few of us do this well. Ask people in your network for their perception of what you do, for whom and when people and companies need your help. • Practice, practice, practice. Spend enough time practicing your value proposition so it sounds unrehearsed. Then you can really get your value across in your networking and business development conversations. Your goal is to entice your listener to want to know more. Here’s a formula that might work for you. Create a simple, two-sentence answer to the question “What do you do?” In your first sentence, specify your ideal clients/customers and the biggest problem your business can help them solve. In your second sentence, convey the biggest benefit or outcome people gain after they get started doing business with you. Here’s what I often say. “I work with service companies that need their people to be better at generating business from networking.” or “I’m in the business of helping people gain more clients and referrals from their networking activities.” Then I’ll follow this with a negative-reverse question such as, ”I’m guessing that’s something that doesn’t even remotely interest you?“ (This is designed to take all the pressure off the other person and will most likely result in a truthful response.) If the response is something like “you’re right”, then I drop what I do and ask and learn about them. (Remember, I’m networking for advocacy. I’d like to earn their trust and their referrals down the track.) If the person does show some interest, I’ll continue with a few words about the kind of results/successes I create for my clients. For example, “My clients typically see significant increases in sales and new business following the networking and relationship building training I do for them.” If the person shows further interest, perhaps asking, “how do you do that?” or a similar question, rather than shift into “sell” mode and as so many people do, explain their product or service in detail, I’ll stay in “marketing“ mode and provide an example that illustrates what I do and the benefits enjoyed by my clients. “A recent financial services client was not getting nearly enough referral business from accountants, lawyers and other business professionals. By becoming more proactive in expanding and working their networks, however, they started getting more referral business almost immediately. And by having a systematic, well-thought-out referral process in place, I helped them to increase the rate of new 20 client acquisition fivefold in just three months. Now my client says they are getting all the referrals they need and can handle.” Now, if the person is really interested and wants additional information, I will suggest a more suitable setting where we can have a more in-depth conversation. “Let’s find a good time to continue this conversation over a cup of coffee together. Can I call you tomorrow to arrange a meeting?” If I’m in conversation with a lawyer I’d say, “I help lawyers build productive referral networks”. Ditto, accountants, financial planners, bankers, architects, etc. A variation of this is, “I teach business and salespeople how to use networking to increase sales.” Good questions lead to better conversations. The best conversationalists are curious about everything. That’s why they are good at asking questions. Questions allow you to find out about people. Questions help you establish a rapport with people when you meet them for the first time. Questions help people feel good about having a conversation with you. Questions build the “like you”, “trust you”, “rate you” factor. Questions save you from those awkward moments of silence when conversations stall. Here are ten of the best questions you can ask to make your networking conversations more enjoyable and, ultimately, more profitable. 1. Have you come along way to be here? Variation 1: Have you travelled far to get here? Variation 2: Where have you come from to be here today? Commentary: This is a simple, friendly opener that will work for you in any networking situation. 2. What brings you along to this event? Or, What brought you out here today/tonight? Variation 1: What’s your interest in this seminar, conference (or whatever)? Variation 2: What do you hope to learn/want from networking at this event? Variation 3: Are you here for any particular reason? Variation 4: What made you decide to attend this meeting? Variation 5: How is it that you’re here at this event and not doing something else? Variation 6: How did you come to be here at……..? So who invited you to this event? Commentary: This is a good early question that is easy for the other person to answer and it gives you context and purpose for their presence. Maybe there’s a problem they are trying to solve. It might also help you to find things in common. It’s a fact that others find you more interesting when you ask questions. 3. What is your connection with this group? Variation 1: How do you know our host/s? Variation 2: How did you hear about this event? Variation 3: How do you know (speaker, organiser/sponsoring group of the event? Variation 4: How did you end up at an event like this? Variation 5: How did you get involved in this group? 21 Variation 6: How long have you been (a member of, involved with) (specific group)? Variation 7: How did you choose to join this organisation? Commentary: Another good early question to get the conversation going. It might also throw up common acquaintances and interests. 4. How do you find this whole networking thing? Do you much networking? Variation 1: What do you like most about coming along to these types of events? Variation 2: What other events have you found helpful to attend? Variation 3: Where else do you go to network? What other groups do you belong to? Variation 4: Have you been to a (meeting type) before? Variation 5: How did you find out about this event? Variation 6: Do you find these meetings helpful to your business? Variation 7: What do you think of the show/meeting/event so far? Variation 8: How did you find the speaker’s topic? If you get a short reply, follow up with, What did you find most interesting about the presentation? Commentary: This question helps to break the ice during that awkward period right after introductions and offers the chance to talk about something common to both parties. It’s not about interrogation. You are not going to fire all of these questions at someone in the one meeting. 5. What is your particular area of expertise? Variation 1: What are the problems you solve and how do you do it? Variation 2: What do you do differently or better than other similar firms/business? Variation 3: What separates you and your company/firm from your competition? Variation 4: Tell me a little about your business/what you do? Variation 5: What have you been doing today? What are you doing for the rest of the day? What are you working on right now? Commentary: This is a better way of asking a person straight out “What do you do?” It allows you to find out what the person is really good at and how their business compares to their competition. They’ll be pleased you asked. 6. How did you end up in the “widget” business? Variation 1: What made you decide to become a nurse/lawyer/accountant? Variation 2: How did you get started in the (fill in the type of business/profession the person is in here) business? Variation 3: You mentioned that you were in (industry/profession). What got you started in that direction? Variation 4: What led you into this profession? or How did you get into banking? Variation 5: What was behind your decision to go into business for yourself? Variation 6: How did you come up with the idea for your business? Variation 7: When you were a kid, what did you want to be when you grew up? Variation 8: Did you always see yourself as an accountant/lawyer/(whatever)? 22 Commentary: This question delves deeper, giving the person a chance to tell their “story” which could provide some insightful and valuable information for you. It also shows you are interested in the person and they will feel it. 7. What do you enjoy/like most about your business/job/what you do? Variation: What is the most rewarding aspect of your business/line of work? Commentary: It’s is a question that elicits a good, positive feeling and leads to a more interesting conversation about the person’s business or work. 8. How’s work going for you? Variation 1: What have you been working on today/lately? Anything interesting? Variation 2: How is project X going? Variation 3: What is your biggest business challenge right now? Variation 4: What’s your big audacious goal for this year? Variation 5: What are some of the bigger issues for your industry/profession these days? Variation 6: What’s occupying most of your time at work at the moment? Variation 7: What’s keeping you busy? Commentary: This tells you what is taking up room in the person’s diary and where they might be frustrated or challenged—this information comes in useful for follow up and might even uncover an opportunity for your services. It also gives the person a chance to talk about the “great” things they are doing. 9. How am I going to know when I meet a really good prospect for you? Variation 1: How would I recognize a good business opportunity for you? Variation 2: Who would be a good prospect for me to connect you with? Variation 3: What do you need/want for your business right now? Variation 4: What kind of people are you looking to meet here? Variation 5: What is the best way to refer business to you? Variation 6: How would I recognise a good potential client for you and what would I say to that person to describe what it is that you do? Variation 7: Who is your ideal client/customer? Who are your best prospects? Variation 8: What kind of people could I introduce you to that would help you grow your business? Commentary: Though there are many ways to help your network contacts, what you can probably provide most frequently are leads, referrals and introductions. This question and its variations helps you understand enough about the person’s business to recognize an opportunity for them when you hear one. When you find yourself asking questions like this, you will know that you are networking rightly. Questions assist us in establishing rapport and making connections because they oblige the other person to talk and open up. 10. How can I help you? or What can I help you with? You can’t just ask this question. You have to mean it. And if someone does request your help, take action on it. By asking and not following through you will do more damage to your reputation than if you had just kept quiet in the first place. Variation 1: What could I do to help you grow your business/get the word out about your business? 23 Variation 2: Who can I introduce you to here tonight? Variation 3: How can I help drum up some business for you? Variation 4: What is a good business opportunity for you? Variation 5: I come across many people in my line of work (or, I think what you do is great). What kind of person would be a good referral for you? Commentary: Powerful stuff! The best way to start a relationship is to help someone. This question must be asked sincerely and only after a measure of rapport has been established. It is the one question that will separate you from the pack…and it will lead to more referrals and more business. If you want to get something from someone you have to give them something first. 10.1 How do you feel about getting together next week for coffee? It would be great to learn a bit more about your business and see if we can help each other. Variation 1: Why don’t I give you a call next week to arrange a meeting? There could be a few ways we could work together and it would help me to explore what opportunities you’re looking for as I might be able to introduce you to a few people. Variation 2: I have some thoughts that could help you with that, if you are interested. Why don’t we get together for coffee sometime? Variation 3: Can I give you a call next week to set up a time to talk in more detail? Variation 4: Would you like to get together on Friday and work through this idea? Commentary: This is a terrific way to finish a conversation with someone you have just met. You have made a connection and now you would like to get to know the person better. You are asking for permission to follow-up. And how easy is it going to be to make that call: you have already agreed to a coffee catch-up. It is just a question of setting a date. That’s why you went along to the event in the first place. Obviously, asking these questions won’t help you to connect with people (and would be shallow) if you don’t actually care about the answers. You need to approach networking with a real commitment to listening and learning about others. By asking the right questions and listening to what others have to say, you WILL get to do more business. Some personal questions to help you “engage” and “connect”….. How have you been doing? How’s your day going today? Married?/ Kids?/ Plans in this area? Tell me about your children (or family members). What do you enjoy doing when you’re not working? What do you do for recreation or hobbies? How did you get involved in…? Who helped you get involved in…? What were you doing previously? With what company did you work previously? 24 What (did, do) you enjoy most about that? What is the best thing you learned about that? Where have you learned the most about…? Who taught you the most about…? What did you take away from the experience? How has that impacted you? What (was, is) the biggest challenge with that? What advice would you give someone else about that? What are your thoughts on…? Tell me about yourself. Where are you from? Did you grow up in the area? What do you stand for? What gadget or piece of technology can you not do without? What do you want to leave behind when you leave the planet? On a plane, “Are you travelling for business or pleasure?” Some business questions….. What have you got lined up for the weekend/rest of the day/week? How’s work going for you? How are things outside work going for you? How did your company get involved in…? What kind of challenges are you and your company facing? What’s the most important priority to you and your company right now? How have you been handling that? How’s that working out? What effect has that had on you/your company? How did you overcome that? How does that process work now? What challenges does that process create? What are the best things about that process? What does everyone else at your company think about that? What innovative (products, services) has your company introduced over the last couple of years? Talk about the culture you’re trying to foster at your company. Can you elaborate? So how do you do that/make that happen? How do you manage to get so much done? What are some of the things that have helped you get where you are today? What does it take to be successful in your position? How are you able to juggle so many different responsibilities? What advice would you give to someone who wants to achieve your level of success? How did you build such a successful business?/such a large organisation? How did you achieve your level of success? What are the secrets behind the success of your business? How did you become CEO of this company? What do you do for fun? How do you relax? What do you do in your spare time? As busy as you are, how do you balance your work and personal life? What successful people have been you mentors? What businessman and businesswoman do you most admire? Best advice you ever received? 25 What trend are you on and what happens if it changes? (A good question to put to CEOs and other senior execs. You’ll get them thinking with this question and they’ll like you for asking it.) So, what do you want to achieve next? (This question uncovers clues about how you can help them get there.) See my articles, “HOW TO SKILFULLY CONVERSE WITH OTHER PEOPLE” and ENGAGING DURING CONVERSATION” for more of the very best questions to make friends, build rapport and create new business opportunities. Use your business cards wisely. There are people who believe that s/he who gives out the most business cards wins the game. Networking doesn’t work like that. Give out your business card only when there is good reason to. This means only when you and the person you are networking with have discussed why you need to reconnect/talk again later. Your networking will not be productive if you are handing out business cards indiscriminately–it will either not help you make connections at all (your cards will go in the bin) or will attract the wrong connections (e-mail spammers and other pushy individuals trying to sell you stuff you don’t need). Moreover, successful people will not have a positive impression of you if you’re firing out your business cards indiscriminately as they will see this as an act of desperation or ignorance. Challenge yourself not to give out your business cards until you have identified a reason to exchange contact information. Write notes, in private, on the back of the cards you receive, including the date, the place and what you talked about. Make a note of anything else you think may be useful in remembering the people you meet more clearly. This will come in handy when you are following up with your contacts and help to ensure that you don’t get them mixed up with someone else and have embarrassing encounters later on. If I give you my card, I’m not inviting you to add me to your automated newsletter. Always ask people for their permission to sign them up for your newsletter. It is just rude to expect people to “opt out” of something they never opted into to start with. It’s more important to get THEIR card than to give out yours. If you give your card to someone, there’s every chance that it will get lost and you won’t hear from the person again. On the other hand, if you can get their card, you can follow up the next day with an e-mail, phone call or a hand-written note and start what could become a long-lasting business relationship. Handing out your card to everyone within your reach is not networking.It’s spamming. The rule of thumb is that if you give your card out only when asked for it, you’ll be sure not to hand it out inappropriately. When meeting someone for the first time, it is the natural inclination of most business people to make sure they give out their card before the conversation is over. There is a better way and a way that won’t appear that the only thing that you are concerned with is getting something from them. Focus your attention on them by asking openended questions and adding to the conversation where appropriate. You don’t want to seem like you are interrogating them, yet you do want to learn as much as you can about them in the time you have together. When the conversation/meeting is over, in private, write down some of the key points that were discussed and this will give you everything you need to send a follow-up 26 communication the next day, mentioning some of the key points from your chat. It is impressive when someone gets an email or hand-written note like that. It shows people that you were actually listening to them and that they are important to you. Your contact details (i.e. your “electronic” business card) are there in your email signature. Or you can drop your card in with the hand-written note. You might even wait for either a second in-person meeting to give out your card or a second hand-written note to include your card. Bring a pen with you for making notes about your conversations on the back of business cards you collect. As you develop your relationship with the other party you will want to start to learn more about them and what they do. This will put you in a position to serve them better and keep an eye out for business you can refer their way. If you approach each new relationship with the attitude of how you can help and serve this person, they will be moved to do the same for you. By not foisting your card on someone or going into an unsolicited sales-pitch about who you are and what you do, it actually says more about you than words possibly could. Of course, as your relationship grows you will want to share more about yourself and your business just as you would expect the other party to do for you. This is how the pros do it and it is a manner that doesn’t make you appear desperate or that you are only concerned about yourself. Your networking will not be productive if you are handing out your business cards indiscriminately as if they were cheap flyers. Want more referrals? Put “I welcome referrals”…..“Know someone who needs what we/I do? Please send them our/my way”…..I’d be delighted to meet your introductions”….. or “Happy to advise your family and friends” on your business card and website. Know how to end a conversation. Sometimes people find that ending a conversation is more difficult than starting one. We don’t want to be rude or hurt the other person’s feelings so we struggle to disengage. The good news is there are various polite ways to exit a conversation when you’re looking to move on and meet others. Here are five of them: 1. After you have listened to someone talk about their business, introduce the person to someone else that might be of interest to them and then politely excuse yourself. You could say something like this: “Jane, I’d like to take you over and introduce you to Roger. He is also involved in the mining industry and I think the two of you would have things in common to talk about.” After Jane and Roger exchange pleasantries, you immediately exit the conversation by saying something like, “Well you two probably have things to talk about. Roger, I’ll catch up with you later and Jane it was great meeting you.” Don’t stay too long with one person. Make a suggestion that it would be useful for both of you to meet some other people in the room. If you don’t know anyone else in the room, you can invite a complete stranger into 27 your conversation. The way to do this is to turn to someone standing nearby and say, “Would you like to join us for a while?” Now you have someone new to talk to. 2. Sometimes, introducing your conversational partner to some one else isn’t an option and you just have to excuse yourself. The way to do this is to state your objective up front then excuse yourself to go and do it. For example. “I came along this evening hoping to meet someone who (whatever), so I’m going wind my way around the room and see if there’s anyone like that here. I’ve enjoyed talking with you.” Or, “I can only stay for a while and I want to talk with some people I know here. Will you excuse me?” Or, “It’s my first time at one of these events for a long while and I’d like to say hello to some of the other members too. It’s been good chatting with you.” Here are some more exits that will allow you to move on to your next conversation: “I want to go over and talk to…….Why don’t you join me and I’ll introduce you?” “Good meeting you. Will I see you at other meetings? “I want to wander around and meet everyone. Nice talking to you.” “I want to have a word with (person’s name). “Good meeting you. Will I see you at more of these events?” “I’d better move on/keep moving.” Shake hands and move on. “I’d better let you move on/keep moving.” ”Do you have a business card? I’d love to be in touch.” “I have something I need to ask (person’s name) about. Please excuse me.” “Why don’t we go and meet some other people here.” “Charles, I must get going. Catch you next time.” “It’s been great meeting you. Will I see you at future meetings?” “I’m sure there are other people here you’d like to meet” “I should let you get back to your table.” “I don’t want to monopolise your time” “I shouldn’t keep you. I suppose you’d like to meet some other people.” “It’s been good talking to you. Maybe I’ll see you a bit later.” “Wow, this is quite an event don’t you think? Well we should probably keep moving. It was great meeting you Brad.” “This has been great, but we probably shouldn’t ignore everyone else.” “My boss tells me to circulate when I’m at these events, so I’d better do that. ”I’m going to start saying my goodbyes. I’ve enjoyed talking to you.” “I’m going to continue my search for someone who knows about widgets.” “I want to catch up with a few more people before I head off for the day/evening.” “I’d like to continue meeting people” “I see someone I need to speak with.” “There’s a few more/some other people I’d like to talk to.” “It’s been very interesting but I should let you mingle a bit and I’ve got to say hello to some people too.” “Sam, this is a networking event, so I better let you go and meet other people.” “I’ll let you get back to (whatever the person was doing prior to talking with you). Enjoyed meeting you.” 28 “I know you’re here to meet others so I won’t take any more of your time.” “We should probably keep moving. I enjoyed talking with you John.” “I’m going to look for a friend who said she’d meet me here.” “Thanks for letting me join you. I’d better keep moving.” “I ought to say hello to some other people.” “Lynne, if you’ll excuse me. I’m going to get a drink/try some of the food.” “Maybe we should both talk to some other people now. It’s been good talking with you.” “I’m sorry Dave, but I must get going.” If you’re one-on-one, and you really want to move on, try asking, “Have you had a chance to meet some of the other people in the room” and offer to introduce the person to someone you know. Clearly, this is not such a good idea if the person is a bore as you will not be thanked for dumping them on a colleague. 3. Ask your conversational partner to come with you. For example. “I want to ask the the speaker a question. Want to come with me?” or “I want to get myself a drink. Want to join me?” or “Let’s meet some people here.” 4. Create a follow-up opportunity. For example, “I’d like to hear more about your business and tell you about some of the things we do for our clients. Would you like to go for lunch or coffee sometime?” or “Let’s talk again and see if there’s anything we can do to help each other.” or “Why don’t we continue this conversation another time. Can I call you next week to arrange a meeting?” or “This has been good. I think we might be able to help each other create some business opportunities. Can I call you tomorrow to talk some more?” or “I wonder if there are any ways in which we can collaborate with one another. Do you want to have a longer conversation over coffee?” 5. You can always just keep it simple. “It was nice meeting you (person’s name). Enjoy the event.” Shake hands and move on. There’s no need for further explanations. Just be polite and you’ll disengage on a positive note. 5.1 One of the single best things that has helped my success with networking is by ending every conversation with one of the following phrases: “Please let me know if there’s anything I can do for you.” “Please let me know if I can help you in any way.” “It’s been nice getting to know you. If I can help you in any way at all, just let me know.” When you make this a habit, you will quickly build a valuable level of trust and sincerity that will set you apart. A few more thoughts…… If you meet someone who doesn’t feel right to you, just excuse yourself and move on. Networking is about creating authentic connections, so don’t force yourself to make friends with someone you don’t like. You can say something like, “I don’t want to take up anymore of your time”, then shake hands and take your leave. Or, 29 you could say that you need to speak to more people before you leave and excuse yourself. If the thought of bowing out of a conversation is difficult for you, just know that you’re doing the other person a favour by freeing them up to talk to other people. When exiting a conversation, use the person’s name. “Jason. I’ll give you a call in the morning.” “It’s been good talking with you Julie.” Be straightforward and honest. Don’t say you have to get back to the office and then be seen standing around for the next 30 minutes talking to other people. A good time to finish a conversation is right after you have been speaking, rather than right after the other person has spoken. You risk appearing rude by breaking off right after the other person has spoken. Watch out for signs that the other person you are talking to wants to get away. Shifting eye contact is a classic. Another is when the energy and enthusiasm of the conversation is waning. With practice, you get the hang of moving on. For even more help with finishing up your conversations, see my articles entitled, CONCLUDING A CONVERSATION: HOW TO DISENGAGE FROM PEOPLE and 84 WAYS TO WRAP IT UP WHEN IT’S TIME TO TALK TO SOMEONE ELSE. Realise that people want to talk to others too. So don’t monopolise anyone for too long. No more than 15 or 20 minute conversations is appropriate. Staying top-of-mind. Most of the people you meet at networking events will not need your product or service right now…but they may well do in the future. So how do you make sure they remember you when they need you or when they have a friend who needs you? The answer is, get their permission to add their name to your mailing/newsletter list. That way you will have the opportunity to consistently be in front of them. True networking never looks like networking. If you’re networking the right way, you are getting to know the people you’re networking with and letting them get to know you. You are learning to understand their business and how you can help them achieve their business goals and you’re educating them about your business and how they can help you reach your goals. There’s nothing pushy about it. Instead of coming across like someone who’s making contacts for mercenary and self-serving reasons, you’ll look like a person who’s connecting with other people in a very real and mutually beneficial way. Networking only works if you and the other person take the time to get to know each other. Get on a first-name basis with the host. The host is the best connected person in the room as s/he is the one who brought everyone together. Seek out the host, strike up a conversation and make the connection. A good host will point you in the direction of some key people s/he feels you should know. A really good host will make the introductions personally. You can even ask the host to introduce you to someone you particularly want to meet. Being introduced by the host makes it easier to connect with 30 people. When it’s time to leave, find your host and express your thanks for the invitation and say goodbye. The next day, send a “thankyou” to the host. Say your all goodbyes. As you’re leaving the event, go around to the people you’ve met and say goodbye, confirming any promises you made to them earlier. Keep it short and positive. Networking events aren’t the only place to make connections. Everywhere you go is a networking opportunity. It’s simply a matter of being friendly and initiating conversations. Unplanned encounters at your kid’s sporting events, in line at the bank or supermarket, on a plane, in restaurants, at parties and so on provide opportunities to be capitalised on or lost. When you assume that everyone is a potential valuable contact and you are prepared to initiate a conversation you increase the potential for your own success. Big opportunities have a way of appearing in the most unlikely of places. It’s called serendipity. Networking is a way of life, not just another event you schedule in your diary. Growing your network is something you have to work at continually if you want to make a success of it. You should always be on the lookout to meet new and interesting people. If you are friendly and have the right motives this can be easy and fun. By seeking to be helpful and useful to others, you will not only meet more people but also see a noticeable improvement in your networking results. Some things are better done in person and networking is definitely one of them. Regardless of how technology advances, face-to-face interaction continues to be the best way to make solid connections and drive business development and growth. You get so much more done face-to-face. Conversations are more effective, non-verbals make things more clear and human (55% of our communication is body language) and it’s just plain true that people still put more value in real life human contact than they put into words in a tweet, post or text. It will always be this way. Phone calls and emails are fine and there is a place for on-line networking, but nothing beats face-to-face networking. Nothing. Not ever. At all. Period! Take the time to get out there and shake some hands and engage in conversations. You will create plenty of opportunities to do more business. Chances are that your local Chamber of Commerce, Business Association or Rotary Club has some great real-life business-building opportunities awaiting you. The bottom-line benefits of getting involved in such organisations will far outweigh the cost in time and a few dollars. Don’t get so involved with on-line networking sites like LinkedIn, Twitter and Facebook that you cut back on in-person networking. Nothing beats face-to-face conversation for making strong business connections. You will do more business with in-person, face-to-face networking! In-person networking creates real, in-depth relationships in a way that social media does not. 31 According to research, 90 percent of communication is conveyed through non-verbal actions and behaviours. You can stay in touch by phone or e-mail, but a face-to-face conversation builds rapport and trust like no other interaction or communication. That is the basis for the most productive relationships. You get to spend more time with your contacts by meeting them in person. This gives you a better opportunity to establish rapport, ask more questions and make an impression. That means you are more likely to be remembered. And that means you are more likely to get referrals. Warning. I’ve seen people who replace in-person networking completely with online networking. THAT DOES NOT WORK! You have to put the face-to-face element into your networking and relationship building. Who’s going to buy from/hire/refer someone from an e-mail/online relationship? I’m more inclined to do business with or refer someone whom I have previously met in person. And so is just about everyone else, including you. Are you on LinkedIn? LinkedIn is not a game to “accumulate” names. I get bombarded by invitations to join people’s networks on LinkedIn from people whom I’ve never met before, had no interaction with and worst of all—in their invitation message they give me no compelling reason to be associated with them or they don’t even suggest we meet for coffee (or get on the phone) to explore potential opportunities for mutual gain. What does this say about these people? Who are they trying to add to their network, by using this method? How are they planning to use their network, accepting people they don’t know or hardly know into it? And how strong do they think such a network will be, when they need it? For example, when they are looking for a job, and need a reference from a person in their network they haven’t met and had nothing to do with. Or when they are trying to get an appointment with a targeted prospect and want a referral or introduction from someone in their network who knows little or nothing about them. (For the record, I will accept an invitation to connect with someone on LinkedIn only if I have met them previously and it was a positive experience. I will also invite the person to go for coffee, lunch or a drink after work to reinforce the connection. For your “online” connections to be solid and valuable, there really needs to be an “offline” component to them.) When you invite someone to join your network on LinkedIn, explain why you want to connect with that person. Don’t just use the standard connection script. Some people might accept all invites but your “best” contacts only accept invites if there is a compelling reason to do so. All too often, online networking is lacking in intimacy and sincerity. I seems to me, that increasing use of the internet and other communication technologies are to blame for declining relationships among networks of people. Take the time to get to know members of your LinkedIn network. Ask them to meet with you in person. It helps to build the relationship. 32 Big question: Are you substituting an e-mail, tweet, post or text for in-person, face-toface activities, thinking that is going to grow relationships and your business? Consider the following……. In 15 minutes you can learn more about someone and they about you in person than in six months online. Finding common ground comes much easier from having a conversation on the phone or in person. And making decisions on what the next step is and putting a plan in motion can happen in one minute on the phone or in person as opposed to multiple e-mails. Learn to blend your online and offline networking activities. If you meet someone online and strike up an online relationship that has value and interest to you, then take it offline to enhance that relationship and help it progress. If you meet in person, then stay connected online to enhance the relationship and help it progress until you meet in person again. The key to successful business networking is GENEROSITY. Those who are successful at networking know that networking is never simply about getting what you want. It’s about getting what you want AND making sure that the people who are important to you get what they want too. What I’m talking about here is friendship. Friends help each other. At networking events, think “what am I here to give”. The name of the game of networking is give, give, give. It makes getting that in-person meeting, that referral, that personal introduction, that favour you want so much EASIER. There is a principle of reciprocity in networking that is very powerful. It is simply this: if you do something nice for someone else, they will be moved to reciprocate, to “even up” the relationship by doing something nice for you. Reciprocity begins with an act of generosity with no expectation of anything in return. Reciprocity is a wonderful thing. By and large, if you take the time and effort to show interest in someone else’s business and offer advice and referrals to them, you will receive the same back from them at some stage. It may take time, but any relationship worth having generally does take time to build. If you approach networking thinking you will get a quick return then you will find yourself asking “Why is this highly touted tactic so frustrating?” Acts of generosity benefit the giver in a “pay it forward” manner. This creates more benefits than the effort takes…just one small favour could be a powerful catalyst in the growth of your business. Think about how you can help your network contacts. Can you introduce them to a business opportunity or an opportunity to speak publicly or to be on a panel? Do you have some great resource that they could benefit from? What one piece of useful information or advice could you give them? Continually ask yourself “What can I do to help this person?” This is what makes networking work for you. A big part of networking is about “paying it forward” and reaping the rewards of others wanting to help you back. Not because they feel they owe you but because they just want to. Isn’t that the way you are? Here are just a few things you can do to help those who are important to you: 33 • Post their information on your website or in your newsletter. Benefit: You help promote them and their business. • Invite them to attend an event with you. Benefit: You help them increase who they know. • Let them know about a meeting of a professional organisation, a networking event, a speaker or some other event you think will interest them. Benefit: You help them increase who they know. • Recommend a book they will enjoy. Benefit: You nurture the connection. • Send an article you know will interest them. • Provide insight or advice about a challenge they are facing. • Buy them lunch. Benefit: You get to know them better. They will like you for that. • Ask them to contribute to your firm’s newsletter or another newsletter you know about that would be relevant to their business. Benefit: You help them gain visibility and credibility. • Nominate them for recognition and awards. Benefit: You honour them. Powerful! • Send their information in your next client mailing. Benefit: You spread the word about them. • Introduce them to a potential client or referral source. Benefit: You increase their business revenues. This is the most powerful and rewarding way to network. • With their permission, quote them in one of your articles as an expert. Benefit: You enhance their reputation. • Invite them to speak at an organization in which you are involved. Benefit: You open doors to new opportunities for them. • Ask them to speak at a training session your company is hosting. Benefit: You help them gain visibility. • Ask them if they’d like a recommendation on a professional networking site such as LinkedIn. Benefit: Who doesn’t want to be recognised favourably and publicly? Your efforts on behalf of others will often encourage them to be on the lookout for opportunities they can bring your way. The BEST way to get a referral is to GIVE one. I caught up with my friend Mario for coffee recently. Not long into the conversation Mario said, “So Ron, how can I help drum up some business for you?” We spent the next 15 minutes identifying potential buyers of my services who Mario knew and would be happy to introduce me to. Then we spent another 15 minutes exploring who I knew that 34 Mario wanted to meet for his business. That’s friends helping each other for you and it all started with Mario’s act of generosity. Are you generous enough to your friends? Friends helping each other with introductions and referrals beats the hell out of cold calling for appointments with decision makers. Never forget that real networking is always a 2-way street for you and the other person. Keep listening to those you meet and for ways to help them or notice if they have something useful for one of your contacts. This is not a selfless act of philanthropy or being unrealistically optimistic. It is sound relationship-building practice that consistently generates profitable returns. Your contacts will always be grateful for your help and will be even more likely to keep their eyes and ears open for the chance to repay your kindness. And doesn’t doing a favour for a friend just make you feel good anyway? Follow up with those good connections you have made. Attending networking events is worth little if it doesn’t result in actual relationships and business. Why would you undo all the good work you did in meeting new people by not following up and expanding those initial conversations? You have 24 to 48 hours to follow up. After that it is often too late! Few people follow up with their new contacts. When you commit to diligently following up your new contacts, you will stand apart from the rest and take a big step towards building a strong network that will supply you with a steady stream of business and referrals. You can go to 20 networking events a month, but if you don’t follow up with those good connections you’ve made, it’s all for nothing. Following up is easy when you create a reason to follow up. If you are asking good questions and really listening during your networking conversations, you are more likely to hear a need that you can help with later. Then, based on the need you picked up on, you can call or e-mail your new contact with an idea, a resource or piece of information that they will find helpful. Make sure it is something they actually want and is not just about your product or service, unless, of course, they have specifically asked for that information. A good time to create a reason to follow up is during your initial conversation. When you meet someone interesting and with whom a potential relationship exists, consider following up with an invitation to join your network on LinkedIn. They get to see everything about you and vice-versa, including shared connections and other information that can move your relationship forward faster. If you are unable to identify a need and you still want to follow up with the person, here are 9 easy follow-up actions you can take: 1. Connect them (electronically) to someone you think they would like to meet. 2. Forward an article on a topic that will interest them. 35 3. Invite them to coffee so that you can “hear more about what they do” and brief them on some of the things you’ve been able to do for individuals like them. 4. Invite them to an event you are attending. 5. Invite them to connect with you on LinkedIn. 6. Follow them on Twitter. 7. Send them a friend request on Facebook. 8. Forward information on a seminar or event they might find of interest. 9. Introduce them to an opportunity that will help increase their profits. 10. Link them to useful resources. The best follow-up from a networking event is one that provides value to the recipient. If you have taken the time to learn and understand what might be useful to your new contacts and you are generous with your contacts and resources, you will find it much easier to follow up with them. Do not use the first contact after a networking event as an opportunity to pitch your business. “Hi John. Nice to meet you and by the way if you are looking for (your product or service) I can help you.” That not-so-subtle approach says, “I’m not really interested in you unless you want to buy from me”. An experienced networker knows it may take a few conversations to move into sales mode but when you get there, you have a better chance of success. I go to a lot of networking events throughout the year. So I give out a lot of business cards. Often after an event I will get an e-mail from someone I’ve met that reads like this….”It was great meeting you at------event. If you ever have a need of our services in the future don’t hesitate to call me”. “Visit my website at www.” This is no way to follow up with anyone—impersonal, no value provided. Generic messages of this kind read like spam and are likely to annoy the receiver. If you move into sales mode too quickly, you may ruin any chance you have of making a sale. Just as you would rather do business with people you know, like and trust, others want to do business with you for the same reason. It’s only when you sit down one-to-one with people that you begin to find areas of commonality and synergy. And it’s only when people get to like and trust you that they will start to feel that you are someone they can do business with or refer their friends to. You need an effective follow-up action plan. When you go to networking events, you will leave with piles of business cards. What you do with those cards is critical to getting results. With too many people, those cards end up sitting around for months and nothing is done about them. If you don’t have a follow-up plan you will become overwhelmed with the amount of cards piling up. Essentially, at that point, the cards and contacts you have spent all that time and money making becomes useless. Follow-up is an ongoing process. Don’t think you need to make a sale or get referrals from your first or second contact with someone. 36 As a rule, people won’t buy from you or refer business to you after an initial meeting at a networking event, so you will need to re-connect with them a number of times before you’ll see results. Statistics show that we need to contact (reach out to) potential clients and referral sources 4 to 8 times (sometimes less, but rarely) before they actually become a client/customer or consider referring any business our way. This means sending e-mails, making phone calls and meeting in person with your contacts to build the layers of trust needed for successful revenue-generating relationships. Your networking follow-up should strive to create value in people’s lives by helping them to solve problems, by connecting them to other people who can help them and by sending them helpful pieces of information they can use to achieve their goals and overcome their challenges. This is how you get more business and referrals to flow to you. Big questions: Do you have a contact management system so you can follow up with those good connections you make? And, do you have a process for staying in touch after the initial follow-up? Don’t include a sales pitch for someone to buy your products or services in your initial follow-up communication unless that person has specifically asked for them or indicated a need for them. Don’t ask someone to meet up to learn more about their business and then spend the entire time talking about your business. If you invite someone to learn about their business, stick to that agenda. If the other person asks about your business then you can talk about it. Too often people use learning about someone’s business as a trick or plot to pitch their own products or services. Follow-up, done rightly, turns people you have met into people you know. When you meet someone you’d like to know better, someone you think could become a networking ally, invite them to meet you for coffee, lunch or a drink after work and discuss the details of each other’s business further. Here are some sample follow-up notes that might suit the situation for you…… Hi John, It was great meeting you at the Local chambers networking lunch yesterday. We should meet up for coffee/lunch sometime in the next two or three weeks. When are you free? By the way, I noticed on your website that your company sells XYZ services to ABC businesses. I know a few people that could be interested in your services. If you’d like, I’d be happy to make some introductions for you. Regards. Hi Jane, I enjoyed meeting you at the networking breakfast today. We seem to have a bit in common and, if you’re interested, I’d like to have a longer chat with you at some point. If we get to know each other better, maybe we can be helping each other find some fresh business opportunities by introducing one another to people we know. 37 Indeed, based on our conversation this morning, it seems to me that I probably know some people who could be interested in your services. I’ll try calling you during the next week or so to see if you’d like to go for a coffee. Of course, you’re welcome to call me if you have a free moment. Cheers. Hi Rob, It was a pleasure to meet you at…….. Regrettably, we did not get much time to talk and, if you have the time, I would appreciate catching up with you and finding out a bit more about your work at ABC Company. I’ll try calling you early next week to see if we can arrange a time to get together. Cheers. Your follow-up doesn’t always have to relate to business……. Hi Mary, It was nice to meet at….. I remember you talked about your love of Thai food. I’m attaching a link to a great website that features all Thai restaurants in town. Cheers. (By doing this, at the very least you will get a response, and at the very most, you will establish a brandnew networking connection.) Remember, the initial meeting following the event is NOT a sales call—it should be a relationship building session. Rome wasn’t built in a day. Use this meeting to learn more about the person’s business, their issues and challenges and, yes, how your company can be of assistance. The key hear is to ask questions and LISTEN. As you show interest in them and their business, they are more likely to become interested in you and your business. Your goal at this meeting is to “end the conversation with the future in mind”. In other words, create a commitment and obligation to do something. Whether, it’s something you are going to do for each other, something you are going to do for them or something they are going do for you. This gives you a reason to stay connected and helps to build relationship momentum. As you follow through with ongoing e-mails, phone calls and in-person meetings your contact is more likely to work with you or refer someone else to you. Follow-up begins at the event during the conversations you have. You need to personalise your follow-up communication by mentioning something you spoke about. A generic “Nice to meet you” won’t cut it. Make notes on the back of cards you collect so you remember your conversations. 38 If you really connected with someone clearly state your interest to keep in contact. Are you on LinkedIn? When you meet someone interesting and with whom a potential relationship exists, consider following up with an invitation to join your network of contacts on LinkedIn. They get to see everything about you and vice-versa (if they are also on LinkedIn), including shared connections and other information that can move your relationship forward faster. For further help and advice on making your networking follow-up easier and more rewarding, see my article, “EFFECTIVE FOLLOW-UP FOR SUCCESSFUL BUSINESS NETWORKING” And some final thoughts to leave you with…… • • • • • • • • • • • • • • Say thankyou a lot…..and put it in writing. Actively look for opportunities to connect people you think will benefit from knowing each other. After the event, review whether or not you met your objectives and identify where you might improve. Set a target number of events to attend (one a month, quarter, etc). Join a networking /referral group. Attend events for parallel/allied industries. Attend one or two events a year that are out of your normal parameters, exposing you to new people who you may never have thought might be helpful. Look for ways to network beyond networking events. Sometimes the best connections are made when there’s no pressure to network. Be friendly and look for opportunities to connect with others wherever you go. Help your clients, prospects and other contacts get more business. Effective networking will do much more to grow your business than cold calling or any well-designed brochure. Make keeping in touch with your key contacts part of your daily routine. Take the time once a week to have lunch with someone who is important to you. Attend at least one networking event a week– this will help you keep your commitment to networking: you will build a momentum for gathering leads and contacts which will keep your business pipeline filled on a permanent basis. Get to know your contacts better. The more you know about someone, the easier it is to make connections for them and uncover opportunities for your services. There are four things I like to get to know about my business friends. 1. Who their family members are and what they’re about. 2. What their interests are outside their work. 3. What their talents are, their skills, their 39 • • • • • • • • • • successes, their achievements—I can’t advocate them and their business without knowing this vital information. 4. Who THEY know, who they do business with, what memberships they have, what boards/committees they sit on—this tells me who I want them to introduce me to. Let your contacts get to know you better. The more they know about you, the easier it is for them to make connections for you. Ask your contacts to introduce you to people they know. Be a connector. It’s important to make connections between people you know and people you just met. If you meet someone who would benefit from someone you know, make the connection. (It’s always best if you arrange a 3-way meeting where you can make the connection in person.) While it’s important that you get to know your existing contacts better, you also need to meet new people and grow your circle of influence. The sooner you can find common ground with someone, the sooner the barriers between you disappear. Unless you get to know your contacts, you will never know who they can put you in touch with. Reciprocate. Give something back to anyone who gives you something. Show up early. If the invitation says 5.30pm for 6.00pm, get there at 5.30pm. The first half hour is often the most productive for networking. Stay a little late. Some of your best contacts will be made when the “official” part of the event is over and in the final moments prior to their departure. As you leave the event, send a text message to those good connections you made, saying you enjoyed meeting them. At the end of the day, we go to networking events so we can grow our businesses. We meet people and (by following up and staying in touch) build relationships so we will receive referrals from them over time. And if they recognise that they struggle from the problems you can resolve, they’ll buy from us too. What this article is about is how to do it well so you can increase your marketing, business development and sales success. Although increased sales/business is the end goal, we don’t engage in business networking to sell. We do it to find and develop authentic relationships/friendships with people who we can help and who can help us. When we detach ourselves from the need to make a sale and focus on how we can help others to succeed and prosper, we contribute to their success as well as our own. You need to get out there and meet people, if you want to grow and sustain your business. There’s a direct correlation between the hours you spend making connections and profit. The more hours, the more profit. 40 Remember these guidelines when you venture out of your office into the world of networking functions and events. Make the most of the time you spend while you’re there. I hope this helps. I have personally found that by implementing the strategies and tactics laid out in this article my networking efforts have consistently resulted in real business, real relationships and real referrals. Both my business life and personal life have benefited and I hope yours will too! Happy networking. Maybe we will see each other at a networking event some day.☺ Now that you’re better equipped to make those all-important network connections, the challenge is how to successfully transform your connections into revenue-generating relationships. For real-world answers and solutions to this challenge, read my articles entitled ”EFFECTIVE FOLLOW-UP FOR SUCCESSFUL NETWORKING” and “TRANSFORMING YOR CONTACTS INTO BUSINESS”. Referred to as “That Networking Guy” by many organizations, Ron Gibson provides in-depth networking training and coaching, focusing on business growth and development. Get Ron to speak at your next conference or sales meeting about how to bring in more business, more consistently and more often. Ron can be reached on mobile 0413 420 538 and email gonetworking@iinet.net.au “We can attribute tens of millions of dollars in additional sales and new business to the networking skills training programs that Ron Gibson has run for our people.” — Norm Roberts General Manager, Mobile Lending Perth CBD and Mt Lawley ANZ Banking Group Footnote: Through the years my experience has been that many (around 30%) of my most profitable relationships established with other business people began while networking at events, breakfasts, lunches, social outings, etc. These are not people I see on a regular basis, just like minded individuals that I have had the good fortune to meet once or twice then stay in touch with via e-mail monthly, quarterly or in some case just a couple of times a year. The common factor in all cases though is that I have followed up and met with the individual face-to-face, usually over a cup of coffee, for a substantive conversation. My point here is that not all of your future business and opportunities will come from strong relationships you have with the likes of strategic partners, referral allies and long-standing clients and customers. So if you’re not continually meeting new people and following up and staying in touch with them, you’re missing out on getting a ton of new business….It’s that simple.