Sunday, 29 September 2013



A NEW NETWORKERS GUIDE

I am just finalising the launch of the first monthly networking event, TopTips@TheLoft, at The Business Loft  tomorrow. This got me thinking about how difficult I found networking as a new business person. I fell into all the usual traps of forgetting my business cards and spending a fortune on attending events without any significant business development outcomes.

Networking costs money so don’t waste it. Here are the a few things I learnt along the way…….

Tips for Effective Networking

* Do your research to find the right networking event for your business need
* Prepare by setting out what you want to achieve from the networking event

         o   New contacts and potential clients

         o   Knowledge

         o   Preferably both

* Think carefully about what you wear but be yourself

          o   Do not go ‘suited and booted’ if that is not your style

          o   Dress for smartness and confidence

* Make  sure you have lots of business cards with you

*  Remember the 80:20 rule - get the other person to talk about themselves and their business 80% of
    the time

* People buy from people so don’t sell to them, develop a relationship

* Exchange business cards and write on theirs to remind you of important details about them

* If you discover a link to what your business offers only briefly tell them how you can help. Do not
   start to sell to them

* Follow up after with an email within 24hrs

* Follow email with a phone call, within 48 hours of email, to set up an appointment

* Get 3 strong leads to follow up from each networking event

* Always evaluate your networking activity regularly to make sure there is a good return on    
   investment

It can be a daunting prospect to walk up to someone and start a conversation. Some people prefer to wait until people come to them. I used to think this was a complete waste of time until I experimented and tried it out. Much to my amazement some people did come over to talk to me. One of them was from the Royal Bank of Scotland and became a new client!

Whether you approach others or they approach you there is still a need to think of some questions so that your nerves don’t get the better of you and make you talk only about yourself! So here are some tips…….  

Opening a Conversation

·         Decide what makes you a little more comfortable engaging with a group or just one individual.

          o   If you are not sure, try it out at an event  and you will soon
               know which is best for you

·         Introduce yourself and shake hands.

          o   The hand shake is very important in the business world.

          o   Practice a firm handshake as a week one says under confidence & a strong one dominance
               and controlling

·         Give good eye contact and smile

          o   Body language is so important for a first impression

·         Start with the simplest of questions to open a conversation

           o   “How far have you come today?”

           o   “How many of these type of events do you go to?”

           o   “What networking events do you find are best for your
                 business?”

·         Comment about the weather, sport or a topic linked to the event to open up the conversation.

·         Move on to some more delving questions

          o   “What was it that interested you about this event?”

          o   “What do you know about the speaker……… today?”

          o   “What line of business are you in?”

·         Now ask them questions about their business.

·         Use mostly open questions that start with ‘How,’ ‘What,’ Where’ and ‘When’

          o   This opens the conversation up and stops them giving ‘Yes’ or ‘No’ answers

·         Learn to enjoy finding out about the other person and what their business is

·         Ask one or two questions later on that are linked to the services/products you provide

          o   Do not start selling to them just note when you find a ‘gap’ you could fill

         o   Make a mental note to follow this person up afterwards as they are a ‘Hot’ Lead

Now get Networking and Enjoy Yourself!

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