Powerful Networking: Focus on building connections, not closing sales

Written by Julie Chance


You can find numerous references inrepparttar business literature aboutrepparttar 119912 importance of a company's mission. These sources emphasize thatrepparttar 119913 mission is not to make a profit; that a profit isrepparttar 119914 outcome of and reward for fulfillingrepparttar 119915 mission. Inrepparttar 119916 same sense,repparttar 119917 mission of networking is not to gain business and close sales. The mission of your networking activities is to make connections, develop relationships, and help others. The outcome of these activities will ultimately be increased business. It'srepparttar 119918 reward, notrepparttar 119919 purpose. Matt Soltis, in his book Strategic Networking, says, "Although an early supporter of business networking, I became quickly disillusioned with it as a mainstay of my marketing plan. I found that something was missing from those long sessions of glad-handing and exchanging business cards. I had collected a pocketful of business cards but little else.

"While I was analyzing my needs and talents it was pointed out by my personal coach that I had a behavioral style that lent itself to chatting, while listening took a back seat. How could I learn if I would not listen?

"Atrepparttar 119920 next opportunity to network, I intentionally listened, never interrupted, and found myself very interested inrepparttar 119921 other person's business. When I spoke, I asked questions, just a few, but selective so that they elicited answers aboutrepparttar 119922 other person's needs. I had stumbled on torepparttar 119923 answer I was looking for. I wasn't there to find clients. I was recruiting others to look for my clients and pledging to reciprocate as I learned more about their business. I was participating in something I later described as strategic referral networking."

So how can you approach networking from a prospective that ultimately leads to increased business? First, it is important to understand that developing a network is a process, and it is about building relationships. A key objective of effective networking is to find out about others - their concerns, problems, needs, and wants. Become a problem-solver and a resource. Listen for problems you can help others solve, either directly or by referring them to someone else in your network.

Practicerepparttar 119924 fine art of questioning (and listening). Asking open-ended questions, and really listening torepparttar 119925 other person's responses, is one ofrepparttar 119926 most important networking skills. Some key questions or statements you can use to elicit additional information include:

What would be an example of that? Please expand on that. Tell me more. How do you do that?

Be curious. Develop a true interest in others, what they do, and what they need.

Follow up and stay in touch. Developing a network is not about attending a bunch of meetings, having a meal, and going home. After all,repparttar 119927 word "work" is part of "network." Remember, developing a network is a process. Ivan Misner, founder of BNI, describes networking as a process of developing visibility and credibility. Only then will your activities lead to profitability. It may take as many as five to 15 contacts with an individual over a period of weeks, months, or even years to developrepparttar 119928 kind of visibility and credibility that leads to profitability.

Mission Position

Written by Anita Paul


Ahh,repparttar mission statement. For some companies it simply describes their purpose for existing. For others it permeatesrepparttar 119911 overall culture ofrepparttar 119912 company. Some see its value, while others neglect to give it even a passing thought. Whatever your position on having a corporate mission statement, you should know that your image is tied to your mission. And companies that don't have a clearly defined image usually don't have a mission statement. All success-bound companies need one, if for no other purpose than to stay focused on your core competencies,repparttar 119913 very reason you’re in business inrepparttar 119914 first place.

Your mission statement is a one-sentence description of why your business exists. What do you do? What product or service do you provide? To whom do you provide this service?

When developing your mission statement, be sure to avoid business-babble and industry-speak. This definitive statement of your business’ existence should be easy to remember and to relay to your audiences, and it should be simple enough forrepparttar 119915 average customer to understand it.

Take a tip from these top companies:

Microsoft Corporation: To enable people and businesses throughoutrepparttar 119916 world to realize their full potential.

Motorola, Inc.: Motorola, Inc. is a global leader in wireless, broadband and automotive communications technologies and embedded electronics products.

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