I have been trying to think about how I can
talk about this subject and address it in a way that would
be fair and balanced without injecting too much personal opinion
and have decided to first talk about the types of groups and
then later on be more specific. It is important to remember
that you will have preferences that may not align with mine,
but that each of us share a common goal in our networking.
More business and possibly more friends.
So lets begin by analyzing the various types of groups. There
are many different types of groups, but it is easier to categorize
them by the meeting format rather than using individual categories
like chambers of commerce or women's groups.
Most groups fall under one of 4 main categories. These are
Social Networking, Business Networking, Leads Groups and Networking
with a Program.
Social Networking
Social networking is a part of our daily lives whether we
realize it or not. Each time we attend any function that involves
a group of people we are networking on a social level. Whether
we are attending a charity event, going to a party at a friends
house, going to a religious service, or attending an organized
social networking event, we are in a networking environment.
In most cases a large part of participation in these groups
is not related to business. However, there are always opportunities
to meet people who could be or know prospective clients. When
you attend these types of functions, it is advised to have
some business cards in your pocket in case you meet someone
else who is networking for their business, but remember that
business networking is not the primary purpose of the function,
so be very casual in the way you approach others about your
business.
Social Networking Tip:
Never assume that any individual at these functions is not
a good prospect for your business. You will find many opportunities
there. It is just good to remember that people are there for
many reasons and may not want to talk about business.
Business Networking
Believe it or not there are very
few groups or organizations that are simply "business networking groups".
This category, for the purpose of our discussion is reserved
for groups that do not have speakers or programs. An example
of business networking would be similar to a chamber of
commerce after hours. In business networking, you simply
gather together with other business associates to talk about
your businesses.
I find it much better to have a lot of time to talk to people
about my business rather than have a brief period to talk
and then have to sit down and listen to a program. This format
enables you to really get to know people in the allotted amount
of time. In some cases you can even do business with someone
who you have met for the first time.
This format allows you to get to know people very well and
sometimes helps to jump-start the relationship without having
to meet for lunch or coffee at a later time. The only thing
that makes this format difficult is if you are shy. For the
shy individual it is sometimes not easy to just walk into
a room and start talking to people they do not know.
Business Networking Tip:
Build a core contact group of people that you see at several
different meetings. This will give you a broad base of contacts
through these people as they are building their networks.
Always get to know the "most popular people" in
the room. They will often know most of the others and can
help to expand your network quickly
Leads Groups
Leads groups are very structured. This is the largest segment
of business networking. There are several formats to leads
groups that vary in slightly different ways. In most cases
the leads group involves sitting around a large table. Usually
a leads group is limited to one person per industry. So
if you wanted to be a part of a leads group that already
has one of your type of industry, you could not join that
group until there is an opening for you created by that
person leaving.
Usually leads groups are about 5 to 20 persons in size. In
most leads groups you are given a set amount of time to stand
up and talk about your business ranging from 2 to five minutes
depending on the size of the group. This is a dedicated time,
no one else speaks and you take turns.
Leads groups are good for people who are shy or for those
who have difficulty in a meeting with no structure. If you
are a member of a good leads group, members are actively seeking
referrals for other members. This can lead to a great deal
of business if you consider the fact that everyone has a personal
network of about 200 hundred people. This does not mean that
it is the best format of meeting or not a good format, but
rather it is good for you if you prefer structure.
Leads groups generally meet early in the morning or for lunch.
Leads Groups Tip:
Be sure to enable the members of your leads group to help
you. Give them tools that they can carry to represent you
when they encounter someone who needs your product or service.
Be sure that everyone understands what you do and who your
best prospects are.
Networking with a Program
A lot of trade associations and chambers of commerce follow
this format. The meeting usually starts with open networking
for a period of 15 minutes to an hour. It is then followed
by a presentation by a guest speaker or a current member.
In this environment, you will not have much time to really
get to know people unless you always attend the meetings.
In most cases these meetings are best for initial contact
followed up by meeting prospects for coffee or lunch. It is
advised that you use a system of taking notes and qualifying
prospects for later follow-up.
Generally these meetings end after the presentation and people
linger for 15 to 30 minutes before clearing the room.
Networking with a Program Tip:
Get to know the leaders of the organization. In most cases
they will know a great deal about the members as they work
their way up the ranks into a leadership role. These individuals
can be of the most help when seeking prospects or referrals.
Summary
As I said at the beginning of this article, your feelings
on these definitions may vary from mine. It is important
when seeking meetings to attend or groups to join that you
have defined goals on what you are trying to accomplish.
Be specific when setting these goals.
Remember business does not always come in the first contact
or meeting. Be consistent for best results. Try to balance
your networking with a combination of the types of groups
and meetings that you attend. Each has it's own unique benefits
and can help you with a well rounded presence in the business
community.
Part Two
In "Part One",
I spoke briefly about the four types of networking groups.
Now, let's take a look at a category of networking groups.
One category that most people are familiar with is the Chamber
Of Commerce. Chambers serve a long standing role in the business
community. It is a role of development and support. A Chamber
Of Commerce can offer business both small and large with networking
opportunities, training programs, legislative assistance and
a host of other benefits. A Chamber Of Commerce can be a local,
statewide, national, or international organization with separate
memberships for each. If you belong to an area Chamber of
Commerce, you do not belong to a state or national Chamber.
Each plays their own role in the business community.
Some Chambers of Commerce take more of a role in the community
to influence policy while others might focus more on business
development. Most of them however have a wealth of information
for the member that goes unused by most.
For example, let's say you have a business and you have a
question about a city ordinance that relates to your business.
Most often a Chamber of Commerce can provide you with the
answer to your question. Each of them has a database of members
that can often be accessed through some point. Usually computers
are made available to members with databases that can be searched
for information on other members.
When looking for networking opportunities within a Chamber
Of Commerce, most people think only of leads groups or the
common after hours. The reality is that any function hosted
by a chamber of commerce holds opportunities for networking
with other business owners and business leaders.
Chambers of Commerce generally have a yearly membership of
several hundred dollars for an individual or company. There
are various levels of membership that can be had. Most Chambers
offer an executive level membership that includes exclusive
meetings between a more elite level of business people. When
looking for this type of prospect, you can often gain access
to them by joining at this level. The problem you might have
is actually paying for this level or attending the functions
as they are provided.
I and many other experts on networking recommend anyone who
networks to be a member of several groups. This should include
a Chamber of Commerce. Keep this in mind when considering
a Chamber of Commerce. If you are involved in your community
in other business networking organizations like the Rotary
Club, a local Merchant's association, or smaller networking
group, you might want to consider joining a Chamber of Commerce
in another part of town. This will make you a part of that
community as well and open the doors to increased prospects
and opportunities.
In any event, you should always attend a Chamber of Commerce
function in any area several times and find out what types
of assistance they can offer for the growth of your type of
business. Do not join any group just for the sake of joining
a group. Find out what types of members attend the functions
that are offered to determine the amount of exposure you will
have to your target prospect.
When you attend a Chamber of Commerce meeting for the first
time, look for the most popular person in the room, the one
who everyone seems to want to talk to and get to know them
first. This way you will make faster connections to the rest
of the group. Often the leaders of the group can help you
to get in the mix quicker.
Look for people who do what you do and analyze their strengths
and weaknesses for opportunities to build alliances with them.
If they have been a member for a long time, it is likely that
they have most of the business in their industry at this point
in time. It is hard to compete in such circumstances, so try
an alliance before you bang your head against the wall trying
to compete or just giving up.
Chambers of Commerce have been around for many years and
there are all types, including minority and international.
Be sure to visit many before deciding which to join and your
membership dollars will serve you better.
Part Three
I am about to share with you something that I talk to people
about a lot. It is focused networking.
In each business, we have a target market or the perfect
prospect. If you have been in a particular business for any
length of time, you should know what type of person or business
owner falls into this category for you. If not, it is time
to figure out who this might be.
In networking for business it is important to have a well
rounded networking schedule. You should attend many different
types of groups in order to reach a broad spectrum of people.
If you only attend a business after hours, you may run into
several people who provide the same product or service as
you. In this environment, it is important to know what makes
you different from them. In most cases this is not a company
thing, but a personal thing. When you have reached the point
that you can relate what makes you different, you will do
very well in a competitive environment.
One of the groups that you are likely to attend is a trade
association. In my first exposure to networking many years
ago, I attended meetings for a group that specialized in the
creation of multimedia. I went to the meetings each month
in the hope of building a relationship with others who might
be able to help me find some work in the field. The opposite
happened. I found myself in the ultimate competition. I should
have been there to learn about trends in the industry and
to get background information of my competitors, there was
literally no work to be had in an environment with all of
my competition!
What happens if you attend the trade association meeting
of your target prospect? It is likely that you may be the
only person in the room selling your product or service. If
you do your homework before you go and discover the mission
of the group, it is easier to prepare for that kind of opportunity.
In this environment, you may be sitting through a presentation
by a speaker that you know nothing about, so to maximize your
networking opportunity, arrive early and leave late. Talk
to as many people as you can in the time that you have to
network before the presentation begins. If you see someone
in the group that you know, approach them and ask them to
introduce you around in the room. This will help you to shortcut
the process of meeting people. It also gives a friend an opportunity
to refer you personally in a group of their peers.
It is important to be creative when looking for meetings
to attend. Attend many, and you will have more opportunities
to work with. Set a goal to visit all the types of groups
at least once a month for maximum exposure and optimum contacts.
Part Four
What is a leads group? Leads groups seem to be the most popular
form of networking judging that comment by the fact that there
are more leads groups in existence that have been around for
a long time than most other types of groups.
Leads groups are often referred to as closed groups. This
means that there can only be one type of a business represented
in a group. Lets say that I am a web designer. In a closed
group I would be the only web designer represented in the
group. Other web designers would be allowed to visit, but
if they wanted to join the organization they would have to
find a group that did not have a web designer. If there was
no opening in an existing group for a web designer, the person
would have to go on a waiting list until an opening became
available, or a new group was formed.
Most leads groups meet once a week. There are some that only
meet once a month. Leads groups offer something that a lot
of people need. Structure and discipline. What do I mean by
this?
Structure - In a leads group you do not have to be a master
net worker. As a matter of fact, you can be a shy person and
still have success in a leads group. Most leads groups allow
a given amount of time to tell other members about your business.
This usually ranges from one to five minutes. In this allotted
amount of time you can go into great detail about your business
including describing what type of leads you are looking for.
The format is usually accomplished by sitting around a large
table, and a leader moderates the time and asks questions.
The meetings are generally held early in the morning or at
lunchtime.
Discipline - In a leads group you are expected to show up
for the meetings. Theoretically, if a leads group had only
15 members and several people did not show up, it would be
difficult to have a reasonable meeting. To insure against
this happening most groups require that you assign a substitute
when you can not attend. This substitute should be a person
in the same industry as you so that the balance of the group
is not affected. In this situation, if you have a tendency
to miss a lot of meetings, it would not be good to join a
leads group. If you miss a lot of meetings without a sub,
you will be ejected from the group.
The upside? In a leads group you will get to know people
very well over time and get an idea of their abilities to
fulfill the needs of a referral. This is good if you do not
have time during the week to meet with people one-on-one in
order to get to know them. A dedicated group will provide
you with a steady stream of leads that you can utilize to
expand your business.
The downside? Well, sometimes the leads become a paramount
obligation and people feel pressured to pass them. If they
are passing leads that are just names and numbers without
a true expressed need, the leads generally lead you nowhere.
Another issue is a member of the group whose quality of product
or service does not meet the standards that you would want
to refer to someone. It is difficult to pass a solid qualified
lead to someone who will not provide the kind of service that
you would expect them to.
There are also a few groups in existence that are in essence
leads groups. They allow freedom to go to any meeting you
wish as long as you are a member. The format is the same,
seated at a table, and there is usually a time limit. The
problem with these groups is that people wander in and out
and without a lot of time to talk individually, you still
have to set appointments outside of the group to really get
to know someone. Without the discipline, the freeform leads
group usually does not last for a long period of time. Often
these groups open and close with great regularity leaving
the members to search for another meeting to attend.
In closing, I would like to add that there is no wrong or
right group to belong to. Visit groups and you will find the
ones that are right for you. It is often beneficial to belong
to three types of groups to get the most out of your networking
efforts.
Part Five
Online networking web sites. Are they really networking and
are they really working?
They have been springing up all over. They are based on contact
management. They are direct in messaging, e-mailing, and even
in the six degrees of separation. They go by many different
names and have various methods of finding people. The problem
with these sites is that they are not really networking. Do
you disagree?
To be effective in networking requires building a relationship
with another person. This is difficult to do through messages
and e-mail. If you have ever had a discussion with a person
through e-mail or instant messaging, I would like to ask if
you ever found yourself in a situation where you had to actually
pick up the phone to find out what a person was really talking
about?
In relationships conversation is extremely important. The
communication is key. The thing that we may not really pay
attention to is the importance of tonal inflection in the
voice and the added benefits of body language in expressing
ourselves. These are the things that online networking is
lacking.
Since the most important aspect of having a relationship
with another person is based in trust, it is difficult to
develop trust in someone that you have never seen nor heard.
It is even more difficult to get a person to do business with
you without some type of face to face contact.
With this in mind, will these web sites last or are they
merely a passing craze? Are they popular simply because we
are looking for success in any way that it might come to us?
Time will tell.
It is my advice that if you are looking for new contacts,
step away from the desk and out into the community. Online
networking is less effective for getting business than it
is putting your resume online to get a job. All of the people
are faceless and voiceless and no one really wants to do business
with an e-mail. Or do they? With the thousands of people out
there who are selling what you need, including those in your
own community, how do you decide what to buy? My guess is
that you end up buying most premium products and services
from someone that you have met in person, even if it is just
a clerk in a store. I am of course excluding buying products
through an online store.
So then what is the future of online networking? We have
seen both the success and the pitfalls of sites such as Myspace,
but it will be some time before we truly know the impact as
the norm of society shifts into a new method of thinking.
Summary
In summary, any type of networking is essential to your success.
The relationships you will form in the early stages can blossom
into relationships that last for many years and carry you
into the full potential of your life and career.
Jeff Glaze is available to speak to your
group and can be contacted at 678-508-5975