Recently while conducting a workshop regarding the development of business through networking activities. We looked hard at hours, cost and energy spent on our networking activities. This included associations, groups and all open and closed networking groups. We determined what our time is worth on an hourly basis including gas, expenses, taxes and insurance. Many were amazed as they calculated their hourly worth and multiplied it by the number of hours spent per month in networking activities. We posed this question, what is your ROI? –return on investment. Many discovered that they were spending more time, energy and money in activities that were NOT bringing a desired result in their personal growth, or in their bank accounts!
We also looked at who we are spending our time with. We explored our values and principles of living and conducting our business. The question was asked, do you find yourself associating with people who share these values and principles? Are they likely to inspire you to grow or encourage you to stretch in your daily business? In addition what type of clients are you seeking to do business with? Do they align with your principles and values? Do the people you network with hold these same standards? Are they likely to bring you the type of referrals or new clients that you desire to do business with?
These questions and more will help you to discover what your POTENTIAL ROI might be over the course of a year.
So ask yourself these questions. . .
Do I spend my time in events that help me grow and encourage me along my path to success?
Am I truly gaining a positive ROI in personal development, new business and quality of life?
Is my business showing a steady pattern of growth as a result of my investment in these groups and organizations?
In some cases it might be time for you to trade up! Consider aligning yourself with
People who are extremely growth driven
People who are goal-directed
People who are huge-thinkers
People who are ultra-positive
People who have your respect
People who have your trust
People who have a proven track record
What is your time worth and how are you spending it? Invest wisely and produce a great return in your personal life, business and community today
Networking ROI - To learn more about this author, visit Kathleen R. Smart's Website.
Like this article? Share it with your friends
 |
Related Articles |
|
 Networking Mistake Myopia
|
| |
Many people who sell find themselves dreading it, doing it stressfully and being reluctant with networking. This is one of a series of articles to turn networking misconceptions into better understandings - and sale...
|
|
The Do’s and Don’ts of Networking
|
| |
Networking is the process of building and maintaining relationships.
|
|
Endless Referrals
|
| |
The intent and theme of Bob Burg's book, "Endless Referrals" is how to get people to know you, like you, and trust you. They should also want to see you succeed, and want to help you to find new business.
|
|
Networking Tips for Introverts or How to Break The Ice Without Fear of Falling Through
|
| |
Do you “freeze up” when you are in a room full of people with some great networking opportunities? Are you timid, shy, and bashful around people at business and social gatherings? If you admitted that this descrip...
|
|
NETWORKING ISNT SELLING OR IS IT
|
| |
Most experts agree that networking isn't selling. The question is....are they right or wrong?
|
|
|
Kathleen R. Smart
(Visit Kathleen's Website)
I am the CEO and founder of SmarterIdeas
Inc., a training coaching and consulting
firm and the Co-Founder and COO of the
International Business Academies Limited.
(IBAL)
My advocacy is to assist business
professionals in identifying their
purpose, vision and mission and planning
short and long term strategies for
personal and business success. www.sm
arterideas.com I have traveled as far
away as Nigeria and look forward to more
travel in Europe/
The International Business Academies
Limited (IBAL) is a global community of
shared knowledge and wisdom for
developing, promoting and inspiring
“inside-out” business leaders. The IBAL is
founded on the idea that investment in
knowledge and longevity of relationship
has endless possibilities and great
dividends. www.ibalnet
.com
I host the Connect Grow Profit Radio
Network, on business building subjects
featuring advisors and members of the IBAL
Network. These programs are geared to
building relationships and exploring
cultural issues within the USA and the
International Community. I look forward to
the growth of each of our members and the
communities around the world. www.blogtalkradio.com/ibalnet
|
|
 |
|
|
|
|
![[Get Copyright Permissions]](http://license.icopyright.net/images/icopy-w.gif){kind=small}
