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Networking ROI



Networking ROI
   

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.

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About the Author


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
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