Wednesday, January 20, 2010

Look for Synergies

People new to networking will often look to 'network' with people from completely different businesses. Last week an IT provider said he was reluctant to attend an event because many of the other attendees were also 'in IT'. I asked one of these other people who he preferred to network with. He said, "Thats easy. Other people in IT services and support. They know what I'm talking about and we very rarely compete even though it may look like we do something similar. The opportunities for working together or referring each other far outweigh any competitive concerns."

The reality is that people in similar businesses can form relationships much quicker than with those in different fields.

As I wrote in As I wrote in 'Applying the 7 habits to your business networking' habit 6 is 'Synergise'. Look for synergies whenever you meet people and add them to your network. The value of future collaboration will exceed the sum of what each of you could achieve on your own.

According to Wikipedia a synergy is where different entities cooperate advantageously for a final outcome. Simply defined, it means that the effect of the whole is greater than the sum of the effects of the individual parts. Although the whole will be greater than each individual part, this is not the concept of synergy. If used in a business application it means that teamwork will produce an overall better result than if each person was working toward the same goal individually.

*From the best selling Seven Habits of Highly Effective People by Stephen R. Covey

Good Networking!
Dave Clarke
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Monday, January 18, 2010

What are you doing for others?

The third Monday of January every year is a public holiday in the United States to celebrate the life of Martin Luther King. One of his famous quotes is very apt with regard to success in business networking:

"Life's most persistent and urgent question is: What are you doing for others?"

The most successful networkers are not looking for people to sell to. They are constantly looking out for opportunities to connect others to what they need. They build relationships by doing that with people who get to know, like, and trust them. As I said in 'How to make your follow up productive', it is the giving of opportunities to others that will produce opportunities for you as people reciprocate.

Good Networking!
Dave Clarke
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Friday, January 15, 2010

How to make your follow up productive

A couple of days ago in 'Why follow up is so important' I wrote about the importance of follow up in networking. You get to know people by spending time in conversation with them and others at regular networking group meetings. You get to know, like and trust them by following that up with One2One interactions.

You should treat that as an opportunity to really understand the other person rather than an opportunity to pitch. If you are not regularly finding yourself able to give referrals, connect people and share your knowledge then you need to be asking better questions. It is by getting to know, like, and trust people and giving them opportunities that will produce opportunities for you as people reciprocate.

As I wrote in 'Applying the 7 habits to your business networking' habit 5* is 'Seek First to Understand, Then to be Understood'.

*From the best selling Seven Habits of Highly Effective People by Stephen R. Covey

Good Networking!
Dave Clarke
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Wednesday, January 13, 2010

Why follow up is so important

I ran a business networking seminar this week when I asked 2 questions.

1. Do you agree that all things being equal people do business with and refer business to the people they know, like and trust?

2. Do you agree that all things being unequal people STILL do business with and refer business to the people they know like and trust?

The answer to both was a resounding yes, so I asked another.

"Why then do you spend most of your networking time getting to know lots of people a bit?"

You don't get to know, like and trust people by meeting once or twice. You get to know them by spending time in conversation with them and others at regular networking group meetings and by following that up with One2One interactions. That's follow up and you don't get to know, like and trust someone without it.

Good Networking!
Dave Clarke
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Monday, January 11, 2010

Keep in touch

In my National Networker column this month I wrote about keeping in touch;

How often has someone said to you "Let's keep in touch" and that's the last you heard from each other? This excellent cartoon from the New Yorker collection shows how it is often:


















When you agree to "keep in touch" it means to maintain communications so that you keep up-to-date with knowledge about each other. That is how you continue to get to know each other and how you can help them and they can help you. We have more and more ways of keeping in touch than ever as this illustration shows:



You really have no excuse for not keeping in touch! Become one of the who do regularly keep in touch and you will stand out from the networking crowd.

Good Networking!
Dave Clarke
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Tuesday, January 5, 2010

How to get your Network to Advocate You

In 'How to get what you want from your networking in 2010' I wrote about setting yourself targets for your networking activities as part of an overall strategy. The ultimate aim of your business networking is to create a network of advocates who regularly promote you and your services without being asked or paid and when you are not there.

The number one way of getting your network to regularly advocate you is to advocate them first.

Remember habit 4 of Stephen R Covey's Seven Habits of Highly Effective People is think Win/Win. Applying this in networking means developing a giving mentality and becoming an Advocate for others.

In this podcast I explain this and some of the other ways of motivating others in your Inner Network to advocate you.

Good Networking!
Dave Clarke
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Friday, January 1, 2010

Baby Boomer Entrepreneur, What Is Your Problem?

Roman Ross and I met for breakfast at a truck stop in Dallas. It was a great way for old friends to begin the new year. We like the buffet at the truck stop, having met there for breakfast before. It has good food and lots of variety, all at a reasonable price.

We were greeted by a very gracious server who seated us and brought menus. Roman asked her if there would be a buffet. The server told us the buffet wouldn't be open for about thirty minutes. Or, we could order anything we wanted from the menu. Roman told her we would wait for the buffet. The server brought us coffee. While we waited, we began to discuss the problems of the world, especially the new ones that have unfolded since our last visit.

New Year's Day is always a good time to discuss the topic of change. Change influences options. For many of us baby boomers, change seems to have reduced our options. We are older. For many of us, our problems are health related: vision, mobility, high blood pressure or diabetes.

Perhaps our problem is from our history. We might have issues lingering from earlier in life. We might not have the "right college major". We might have dropped out of college. We migh not have gone to college.

Perhaps our problem is from our present. We are getting a divorce. We don't have a job. Our industry that we have worked in all our life is dead, downsized, or outsourced. Our car isn't running.

The key to our future is recognizing and understanding problems. This is not about problems in the since of our personal sources of vexation and perplexity. We must understand the problems of people around us. We must think of problems in the sense of being a question raised for consideration or a solution.

All around us, people have problems that require solutions. People are eager to find solutions to their problems and will look upon you as a hero if you can show them effective solutions. They will pay you to help them find solutions when they don't know how to solve their problems.

Just as I was sharing my point about the word "problems" having two definitions, I noticed the servers were opening the buffet. Before I could suggest to Roman that we head over, I realized that people were getting up all over the restaurant. They were making their way to the buffet in mass.

Roman and I just sat and drank a bit more coffee. We watched the people serving themselves. The buffet became our case study on solving problems of people around us. We saw how the restaurant manager became the hero for 25 - 30 people by opening the buffet...by providing what the people wanted.

Though it was not obvious when we first arrived, it looked like nearly everyone in the restaurant was waiting for the buffet. Presumaby, we were all hungry. We could have ordered from the menu pretty much anything that we would have taken from the buffet. But we all wanted the buffet.

The solution to our hunger problem was not just food, but food delivered in a special way. The buffet gave us a package with options under our control. We could have what we wanted, with any combination we wanted, and as much as we wanted. As one of the hamburger commercials promises, we could have it "OUR WAY" and we had control of the maximum price.

Having once been a restaurant owner, I enjoy referring to delivering your product or service in such a special way as your "special sauce". YOUR special sauce is what makes your solution different and...to the taste of your customer. A hamburger can be a commodity like a light bulb if there is no way to tell one from another. A hamburger becomes special when your special sauce gives the hamburger a taste that makes your customer drive across town...to get a hamburger that tastes exactly the way they want it to taste.

So the way we create opportunities or options in our future is not to study the problems that limit us. Success is in studying the problems limiting those around us. We want to offer solutions to their problems. Our problems must have our "special sauce"...the way that not only fills their hunger, but in a way exactly according to their taste. Our special sauce makes it impossible for anyone else to solve their problem our way. Your problem is to find solutions to things vexing and frustrating those around you. The solutions to the problems of others are your doorway to new opportunities.

So, baby boomer entrepreneur, look around and discover the problems of health, the problems of the past, and the problems of the present...the problems that limit and vex those around you. Be the leader in solving a problem or some aspect of the problem, so you can help those around you. We call that a niche. What problem of others will you adopt for the purpose of finding solutions? To whom will you be a hero? So, baby boomer entrepreneur, what is your problem?


Shallie
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PS...Do you need help with your baby boomer business? Do you want to develop your special sauce? Join our free mailing list. Just fill on the box in the top right corner of this page. I will share with you some of the best business building tips available for free on the Internet. We can help you find your problem, the one that will solve the needs of your customers and will make you their hero.

Wednesday, December 30, 2009

How to get what you want from your networking in 2010

Yesterday I posed the question 'What do you want from your networking in 2010?'. The way to ensure you get what you want is to go about it strategically. Set your goals and plan the activities that will help you achieve them.

The temptation is to set yourself the goals you have as targets. The problem with this is that you may be targeting things outside of your control. The important thing is to target yourself with those activities that you do control and that will lead to the results you desire.

I discussed this in 'Applying the 7 habits to your business networking'. Habit 3 of Stephen R Covey's Seven Habits of Highly Effective People is 'Put First Things First!' Set yourself targets for the things that YOU can control.

In 'Applying the 7 habits to your business networking' I included these as examples:
• The amount of time you can devote to networking
• The number of events you can attend
• The number of 1-2-1’s you can arrange
• How much time you can spend online
• Building a contacts database
• What introductions you can give
• Choosing the right networking organisation for you

Listen to this short podcast for the simple steps involved in developing a strategy to generate more business from your network.

Good Networking!
Dave Clarke
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Tuesday, December 29, 2009

What do you want from your networking in 2010?

As you reflect on the year gone by and maybe make some resolutions for next year it is worth thinking about what you want to achieve through your business networking activity.

In 'Applying the 7 habits to your business networking' I wrote about Stephen R Covey's Seven Habits of Highly Effective People. Habit 2 is Begin with the End in Mind. Unless you know what you want from your networking then how can others help you?

Once you have clearly identified what you want that's a great start. Combine that with going about it in the right way and you are well on the way to achieving your networking goals.

Take a listen to this podcast on the subject;
'Why are you networking & are you prepared?'
Good Networking!
Dave Clarke
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Thursday, December 24, 2009

Merry Christmas & Happy New Year


Season's Greetings!
Dave Clarke
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