The 5 Part Process to Networking Effectively - From the Archive
Aug 4, 2023
09:06
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Learn about the speaker's approach to networking effectively, including debunking common myths and outlining a five-part process. Discover the benefits and challenges of connecting members of your network with each other. Learn the five part process to networking effectively, including having an abundance mindset, putting in the work, finding common ground, and treating networking as a courtship rather than a transaction.
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Quick takeaways
Building a network should focus on creating genuine relationships and preparing for potential failure in business by assuming it's imminent unless you have a strong network to rely on.
When building your network, aim to pair every member of your network with another to ensure value creation and strengthen your connections.
Deep dives
Building Your Network Before the Flood
Networking is crucial for business success, but it's important to approach it authentically. Rather than being a transactional activity, building a network should focus on creating genuine relationships. Just like Noah's Ark, preparing for the flood in business means assuming failure is imminent unless you have a strong network to rely on. Your network can provide knowledge, expertise, capital, and strategy necessary for survival. So build it before you need it, depositing value into relationships for months or years before making withdrawals. Focus on mutually beneficial connections and avoid abusing your network or asking for too much.
Pairing and Adding Value to Your Network
When building your network, it's essential to establish connections beyond yourself. Just as Noah had two of every animal on the ark, aim to pair every member of your network with another. This strategy ensures value creation among your connections and strengthens your network. Have confidence and offer something interesting and helpful. While it may be tempting to keep connections exclusive, celebrating when two people from your network become friends or do business together is a winning mindset. Lastly, building a great network requires effort and investment. Treat it like dating, finding common interests, and showing genuine care for the other person.
Episode 483: Shaan Puri (https://twitter.com/ShaanVP) shares how he thinks about networking (without the sleaze). Simply put, you should build your network like Noah built his Arc. Wtf does that mean? Listen to find out.
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