Marketing School - Digital Marketing and Online Marketing Tips

Everything Is Down - Here's How Our Businesses Are Being Impacted And What We Are Doing.. Why We Network With Our Competitors

11 snips
Apr 28, 2025
Discover the transformative power of networking in the business realm. Learn how long-term relationships can weather economic storms and adapt to market shifts. Unpack the complexities of trade dynamics and the impact of tariffs. Hear insights on collaborating with competitors for mutual growth. Personal anecdotes reveal how in-person connections can lead to unexpected opportunities. Plus, explore leadership styles and the financial challenges businesses face today, urging a shift from immediate concerns to long-term strategies.
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ANECDOTE

Networking Sparks Unexpected Deals

  • Eric Siu and Neil Patel share how spontaneous networking at big events leads to lucrative deals and partnerships.
  • They illustrate the value of meeting like-minded people in person for unexpected business opportunities.
INSIGHT

Events Fuel Long-Term Deals

  • Business deals from events often take more than a year to close, emphasizing patience.
  • Events contribute significantly to RFPs, with about 40% close rates on prior year meetings.
ADVICE

Use Business Groups to Pitch

  • Engage in business groups like YPO for pitching and networking to gain customers.
  • Apply to speak and pitch at events to increase visibility and biz opportunities.
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