The secrets of effective networking

Before we talk about specific networking tips I want to address a critical aspect of networking that is often overlooked.

Sometimes we are so eager to network that we do not stop to consider whether or not we are investing our energy in the right places.

Growing your business through networking

Listen, you can go to all of the networking meetings under the sun and collect hundreds of business cards while you are at it but if you’re not hanging out with people you can do business with, you might make some new friends, you will not necessarily grow your business.

If you want to grow your business by networking it is imperative that you network with: people who are your ideal clients, people who know your ideal clients and / or people who do business with your ideal clients. It is that simple.

So, before you sign up for your next networking event, ask yourself if it is a good fit for your business!

When you network with people who need your products / services (or know others who do) there will be a natural interest in knowing more about your business. Stop, not so quick - the story of you and your business comes later.

During networking events..

First, let’s walk through what happens at a networking event and I will give you a tip for each step.

› Step 1: Meeting people

Enter the room with confidence, stand up straight and smile. Look for a friendly face and introduce yourself. If you do not see an opportunity to meet someone right away do not panic. A sure fire way to strike up a conversation is to get in a line (to sign in, for food, for drinks, for the restrooms).

You can also approach the person hosting the event and ask for an introduction. In addition, if the list of attendees is available prior to the meeting you can identify someone you would like to meet and approach someone to ask if the person you are looking for is at the meeting.

› Step 2: Getting to know people - the "ed" principle

Instead of trying to be interestING (focusing on the "ing") be interestED (focus on the "ed") in the person you are talking with.

You do not have to worry about what you will say (except for your brief pitch which comes later). In fact, you can make it a goal to talk as little as possible, I promise you will be remembered as a marvelous conversationalist. Memorise this phrase: "Tell me more about..." and use it! Just relax, be yourself and listen.

› Step 3: Giving First

Yes I know, the reason you are networking in the first place is because you want to get something. You want to meet more of your ideal clients and meet people who can refer to your ideal clients.

But do not forget, networking is a two way street. It is about building relationships. I know you have something interesting to share, so why not give first? Perhaps you can recommend a great book or website, share an article, or maybe you can make a valuable introduction.

› Step 4: Your perfect pitch

Eventually the person you are talking with may ask you what you do, so be ready! Do not ramble on about how long you have been in business or how your business process works. Do prepare a fabulous, short, and memorable pitch (10-30 seconds long) that clearly communicates what you do and for whom you do it.

› Step 5: Ending a conversation

Remember, all conversations must end at some point so do not be afraid to politely excuse yourself and thank the person for her time.

Reasons to wrap up can include going to get another drink, something to eat, going to the restroom, or needing to talk with someone before they leave. Whatever the reason, be honest and be genuine.

› Step 6: Follow up and follow through

This one is so simple and important yet somehow it frequently gets ignored. If you promise to do something (call, send an article, make an introduction) do it!

Building relationships

Think about making use of these networking tips the next time you plan to do some networking. The truth is people do business with people they know, like, and trust.

This occurs over time and is all about building relationships, not about collecting business cards. Be yourself, be real and have fun!