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What We Can Learn From Bill Clinton About Networking

What We Can Learn From Bill Clinton About Networking

Last week Alain Gervais, one of my readers called me to ask me the difference between networking and referrals. He had been successfully generating referrals and wondered if he was missing something. By the way I love to get feedback from my readers, and love to hear about successes you are having. This kind of feedback makes this task worthwhile.

I explained that like referrals, networking is a powerful business tool that every business owner should use extensively. However networking is more about establishing relationships with people you can count on for referrals to useful contacts or for helpful advice. So networking is a strategy for generating referrals, but that is not its only purpose. Networking takes practice and focus, and is a vital but free business development tool, that is often overlooked and under-estimated.

When I first arrived in Canada, I knew no one and spent much of my time building my network, today I know hundreds of people I can turn to for quality advice, referrals and interesting perspectives when I am testing new ideas. Although sometimes it is hard to quantify the benefits of networking while you are doing it, I believe networking has been one of my most important business building activities over the years.

Street-Smart Marketers know that networking is not a numbers game, but an opportunity to spend quality time in a meaningful conversation with people who can help you and whom you can help in return. Don't fall into the trap of trying to meet as many people as possible at an event, but rather spend quality time with a select few.

Networking is very definitely a two way street, you must focus on helping others meet the kind of people they need to meet as well as having them introduce you to people you want to meet. Whenever you part company with a networking partner, make a point of asking, "How can I help you?" or "Is there anyone I can introduce you to?" When asking for referrals, make it easy for people to help you, by being clear about the kind of people you want to meet and why it would be beneficial for them to meet you. This way you won't leave people guessing what you want.

If you do a lot of networking, remember to keep good records. Bill Clinton recently told the New York Times that for most of his life, one of his final tasks of the day was to make a 3X5 card for each person he had met that day. On the card he would write all the relevant contact information, along with other important information including how and where they met, and any other information he had gleaned from that contact.

If it is a discipline the President of the United States found valuable to keep track of the people he met, it is something we should all do with every contact we meet. Building your database, may provide you with one of your most valuable busies assets you own. What's more it costs nothing to do, but can return huge benefits over the years. Instead of sing 3X5 cards, this task can easily be achieved with a good contact manager program such as ACT, Maximizer or Goldmine. Don't try and rely on your memory. As your database grows, it becomes impossible to remember everything about each contact.





What We Can Learn From Bill Clinton About Networking - To learn more about this author, visit Michael Hepworth's Website.

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Anne Barr
Anne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website

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Joe Dager is President of Business901, a progressive coaching company providing no-nonsense direction in areas such as Lean Six Sigma Marketing and organized referral marketing. What others say: In the past 20 years, Joe and I have collaborated on many difficult issues. Joe’s ability to combine his expertise with “out of the box” thinking is unsurpassed. He has always delivered quickly, cost effectively and with ingenuity. A brilliant mind that is always a pleasure to work with.” - James R. If you want to learn more about Business901, start a conversation with us. We can be found @ Web/Blog: Business901.com Web/Blog: FundingYourNonprofit.com LinkedIn Profile Follow me on Twitter - Visit Joe Dager's Website

Linda Richardson
Linda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website


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Michael Hepworth
(Visit Michael's Website) The StreetSmart Marketer's business is training and coaching owners of entrepreneurial service businesses to rapidly become customer acquisition experts. His popular free marketing tips magazine is read by thousands of business owners around the world in more than 47 countries. You can get it free at www.streetsmartmarketer.com

Michael Hepworth is a Platinum author on EvanCarmichael.com
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