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Casual Articles - How to Gain Maximum Value from Your Networking Time
Repetition is How We Keep Focused on Our Ideals en, Listen and Listen – spend time really hearing what other people are saying. Get them talking about themselves there business and what challenges they are facing. Great networkers create relationships first. Time spent listening; gathering information will enable you to really understand how you can help someone. This is always the primary activity – give first.Use Mission and Vision Statements for Impact, Excitement and SuccessMission and vision statements can be used in many ways and to be successful, should be used in many ways and instances. Create a mission statement that has impact; write a vision statement that excites and describes success. Read below to see how others have used these statements and how your business mission statement and written vision statement for the future can help you, either as an entrepreneur, business leader, manager or individual.For Impact:25 years of literacy For over 25 years, Literacy Volunteers’ collective impact have fulfilled their mission statement “to train and support community volunteers in the delivery of free, confidential literacy services to adults who want to improve low-level reading skills and/or learn English as a second language, applying philosophies and techniques that are student-centered and geared to the proficiency level, interests, needs and goals of the learner.”Local man’s passion for missions strong, even on d 6. Create Future Opportunities – networking is a process and one off meetings are rarely going to lead to business. When you meet someone that shows an interest in what you have to offer, ask him or her if they would like to meet for coffee/lunch or would like to have a phone conversation to take things further. The follow up with prospects, suspects or potential partners takes more time but is often where the real value in networking happens. Be selective about who you do this with and again have a purpose for that follow up “coffee meeting” 7. Pay it Forward – think about how you can help other people. Can you introduce them to a possible partner or business opportunity? Do you have some great resource that they could benefit from? This is what makes great networkers stand out from ordinary networkers. Continually ask yourself “how can I help this person?” and “What one piece of information, advice or one contact could I give to this person?” 8. Ask For Help – Whilst listening is important getting a great outcome for yourself is equally important so knowing your purpose for the event is the first ste Franchise Opportunity - Questions To Ask The Franchisor - #33 One of the best ways to get business is through networking. That’s what the majority of people I speak to tell me. So what is networking, what makes it so invaluable to its supporters and how can you maximise your networking time.Finding The Right FranchiseWhether it’s hamburgers, pizza, telecom, coffee, Internet, muffler parts, or seniors’ services, there are Franchise opportunities available to evaluate. There are great Franchise systems, good Franchise systems, and bad Franchise systems. The challenge is to ask the right questions to find the right system that will fit your goals and dreams. The key is to ask the questions – and listen closely to the responses. Only then can you determine if the Franchise opportunity is the right fit for you. So whether it’s food services like burgers or coffee, professional services like telecom or IT, or manual services like cleaning or oil changes, ask the questions and record the answers.How Big Is The Market?The Franchisor should have a good handle on the available market for the product or service that you will be offering as a Franchisee. Presumably the Franchisor has done extensive research on the current market size, as well as the potential market size for the future.The Franchisor should be willing to share that information with you so you can assess the data to My definition of networking is “Creating mutually beneficial relationships with like minded people with whom you can offer and receive value, knowledge and support over time” I remember when I first established One Step Further, I went along to a network evening in central London at which various entrepreneurs and senior city executives were to speak about their businesses and what they had learnt on their paths to success. They say that the number one fear is public speaking; death is number two and in the top five is walking into a room full of strangers. Well that evening that was firmly my number one fear. I arrived early and walked into the area where I was offered a glass of champagne and an attendee list. I scanned the list and suddenly felt that awful feeling of “what on earth am I doing here?” Senior Manager of company X, MD of Company Y, Director of ABC, I was in awe of a list of names! However, I was determined to brave it out. As people started to arrive I smiled nervously at a few people praying that someone would take pity on me and speak to me. Fortunately they did and we had an interesting 10 minute conversation about their business. I managed to repeat that scenario 2 or 3 times that evening before being released from my fear and ushered into a room to listen to the speakers, all of which were highly entertaining and gave me inspiration for what might be achieved if you follow your passion. That was April 2003 and all through that first year, I continued to attend similar events. I became the one introducing myself to the nervous newcomer hoping for someone to talk to. So what changed? I decided that if I focused on other people’s business, other people’s interests and engaged them in conversation it made for a much more enjoyable experience. Sooner or later most people do say, “So what do you do?” which comfortably let’s you talk about what you offer without it appearing a “sales pitch” I have also found that if you are up front about why you are at these types of event and actually say what you want people respond. I spent my first 5 or 6 networking events gaining confidence speaking to different people and learning about their businesses and getting more comfortable talking about what I offer and how it might benefit them. I have also learnt that just attending an event doesn’t get you the business. You need to have a goal for each event, be it – help 10 people with a problem, target 5 people in sales positions or speak to 10 people in the IT industry. Having a goal gives you focus, enabling you to maximise your time and start you on the road to building meaningful and useful relationships. Gaining contacts doesn’t get you the business either. You need to have some method of follow up. For example, phoning them the next day or sending them some material or useful information to them. Personally I send all new people I meet an email which serves 3 purposes. 1. It brings me back into their thoughts. 2. It gives them my contact details (in case they mislay my business card!). 3. I offer them the opportunity to subscribe to Quickstart, my weekly enewsletter for business owners. I also enter all their details into my contacts database with a note about what their business is about, what we discussed and any memorable snippets about them. This also enables me to be able to refer them onto people who might be looking for their service at some future point and to send them some valuable resources or information that I subsequently come across. This approach really works for me, as this is how I have got all of my clients to date. I have now become much more focused about which events I go to. After all if an event is not going to have people there that may generate business or business relationships in areas that my business is focused on, it is another “time stealer” Networking is a critical part of the “marketing pie” but without careful planning and thought it can be time consuming and unproductive. In order to avoid networking becoming another time stealer, here are my top 10 tips to maximise your time at networking events. 1. Know Your Purpose - Is the event for making new business contacts, meeting possible business partners, learning about or updating yourself on industry trends or increasing your support team. Think ahead of the event so you can prepare your answer to “so what do you do?” in the context of your purpose for that specific event and your overall business goals. 2. Prepare Yourself – dress appropriately for the event so you feel comfortable and think about how you can also stand out and be noticed and remembered. You are marketing yourself and representing your company – how do you want to be perceived? Do your business cards act as a great marketing tool? Making time before the event to really think about impact will serve you well once you “get into” the event itself. 3. Challenge Yourself – both a fun thing to do and something to stretch your skills. You could aim to speak to all the people in blue ties, all the people who are first time visitors (this is sometimes noted on the attendee list) get 20 business cards or find 5 people who will give you feedback on your latest marketing idea. This challenge should be connected to your overall business objectives. Random activities are not productive. 4. Seek Help From Your Host – if you are a first time attendee or do not know anyone, ask the host to introduce you to 2 or 3 people who fit your purpose for that event. Connecting with the host is not only polite but can also enable you to optimise how and with whom you spend the limited time you have. 5. Listen, Listen and Listen – spend time really hearing what other people are saying. Get them talking about themselves there business and what challenges they are facing. Great networkers create relationships first. Time spent listening; gathering information will enable you to really understand how you can help someone. This is always the primary activity – give first. 6. Create Future Opportunities – networking is a process and one off meetings are rarely going to lead to business. When you meet someone that shows an interest in what you have to offer, ask him or her if they would like to meet for coffee/lunch or would like to have a phone conversation to take things further. The follow up with prospects, suspects or potential partners takes more time but is often where the real value in networking happens. Be selective about who you do this with and again have a purpose for that follow up “coffee meeting” 7. Pay it Forward – think about how you can help other people. Can you introduce them to a possible partner or business opportunity? Do you have some great resource that they could benefit from? This is what makes great networkers stand out from ordinary networkers. Continually ask yourself “how can I help this person?” and “What one piece of information, advice or one contact could I give to this person?” 8. Ask For Help – Whilst listening is important getting a great outcome for yourself is equally important so knowing your purpose for the event is the first ste The Importance and Awesome Power of Project Management in Today's Business Environment or 3 times that evening before being released from my fear and ushered into a room to listen to the speakers, all of which were highly entertaining and gave me inspiration for what might be achieved if you follow your passion.Why is project management important and what awesome power exists with project management in today’s business environment? The first reasons that come to my mind about why project management is important (based upon more than 35 years of my personal project management experience), are tighter budgets, diminishing resources, more and more time constraints, and competition to improve the ways we do business. The awesome power of project management makes it possible to focus on priorities, track and measure performance, overcome challenges and problems, become flexible enough to adapt to change and achieve higher performance and a higher probability of success in each project.What do we mean by a project? A project can be defined as an endeavor with a clear start and finish, a set of defined goals and objectives and a sequence of activities. Some examples of projects include constructing a new facility, developing a new product or service, restructuring your business organization, planning a special event, developing a strategic plan, planning a move, rearranging the office floor plan, etc.Project That was April 2003 and all through that first year, I continued to attend similar events. I became the one introducing myself to the nervous newcomer hoping for someone to talk to. So what changed? I decided that if I focused on other people’s business, other people’s interests and engaged them in conversation it made for a much more enjoyable experience. Sooner or later most people do say, “So what do you do?” which comfortably let’s you talk about what you offer without it appearing a “sales pitch” I have also found that if you are up front about why you are at these types of event and actually say what you want people respond. I spent my first 5 or 6 networking events gaining confidence speaking to different people and learning about their businesses and getting more comfortable talking about what I offer and how it might benefit them. I have also learnt that just attending an event doesn’t get you the business. You need to have a goal for each event, be it – help 10 people with a problem, target 5 people in sales positions or speak to 10 people in the IT industry. Having a goal gives you focus, enabling you to maximise your time and start you on the road to building meaningful and useful relationships. Gaining contacts doesn’t get you the business either. You need to have some method of follow up. For example, phoning them the next day or sending them some material or useful information to them. Personally I send all new people I meet an email which serves 3 purposes. 1. It brings me back into their thoughts. 2. It gives them my contact details (in case they mislay my business card!). 3. I offer them the opportunity to subscribe to Quickstart, my weekly enewsletter for business owners. I also enter all their details into my contacts database with a note about what their business is about, what we discussed and any memorable snippets about them. This also enables me to be able to refer them onto people who might be looking for their service at some future point and to send them some valuable resources or information that I subsequently come across. This approach really works for me, as this is how I have got all of my clients to date. I have now become much more focused about which events I go to. After all if an event is not going to have people there that may generate business or business relationships in areas that my business is focused on, it is another “time stealer” Networking is a critical part of the “marketing pie” but without careful planning and thought it can be time consuming and unproductive. In order to avoid networking becoming another time stealer, here are my top 10 tips to maximise your time at networking events. 1. Know Your Purpose - Is the event for making new business contacts, meeting possible business partners, learning about or updating yourself on industry trends or increasing your support team. Think ahead of the event so you can prepare your answer to “so what do you do?” in the context of your purpose for that specific event and your overall business goals. 2. Prepare Yourself – dress appropriately for the event so you feel comfortable and think about how you can also stand out and be noticed and remembered. You are marketing yourself and representing your company – how do you want to be perceived? Do your business cards act as a great marketing tool? Making time before the event to really think about impact will serve you well once you “get into” the event itself. 3. Challenge Yourself – both a fun thing to do and something to stretch your skills. You could aim to speak to all the people in blue ties, all the people who are first time visitors (this is sometimes noted on the attendee list) get 20 business cards or find 5 people who will give you feedback on your latest marketing idea. This challenge should be connected to your overall business objectives. Random activities are not productive. 4. Seek Help From Your Host – if you are a first time attendee or do not know anyone, ask the host to introduce you to 2 or 3 people who fit your purpose for that event. Connecting with the host is not only polite but can also enable you to optimise how and with whom you spend the limited time you have. 5. Listen, Listen and Listen – spend time really hearing what other people are saying. Get them talking about themselves there business and what challenges they are facing. Great networkers create relationships first. Time spent listening; gathering information will enable you to really understand how you can help someone. This is always the primary activity – give first. 6. Create Future Opportunities – networking is a process and one off meetings are rarely going to lead to business. When you meet someone that shows an interest in what you have to offer, ask him or her if they would like to meet for coffee/lunch or would like to have a phone conversation to take things further. The follow up with prospects, suspects or potential partners takes more time but is often where the real value in networking happens. Be selective about who you do this with and again have a purpose for that follow up “coffee meeting” 7. Pay it Forward – think about how you can help other people. Can you introduce them to a possible partner or business opportunity? Do you have some great resource that they could benefit from? This is what makes great networkers stand out from ordinary networkers. Continually ask yourself “how can I help this person?” and “What one piece of information, advice or one contact could I give to this person?” 8. Ask For Help – Whilst listening is important getting a great outcome for yourself is equally important so knowing your purpose for the event is the first ste Communicating Change; Don't Let Them Hear It on the Grapevine iness either. You need to have some method of follow up. For example, phoning them the next day or sending them some material or useful information to them.When do you tell employees about bad news? When do you tell them about good news?Many organisations have difficulty determining the answers to the former question and do not enough thinking about the latter question and few ask the question, "What do our employees consider to be bad or good news and what news are they interested in hearing?" at all.Further still, not enough thought is given to how the communication of news can shape the culture of an organisation.Bad news or even extremely good news is difficult to keep completely secret. Good or bad, pending major news announcements generally require discussions between senior executives, the human resources function, the finance function and significant groups of line management. Sometimes it requires the pulling together of a project team.Employees are not stupid. They notice when HR, finance and line management are having long meetings locked away in a room. They notice when people are pulled off their normal jobs to conduct a study. They notice when people they regard as friends stop talking about what they are doing.At so Personally I send all new people I meet an email which serves 3 purposes. 1. It brings me back into their thoughts. 2. It gives them my contact details (in case they mislay my business card!). 3. I offer them the opportunity to subscribe to Quickstart, my weekly enewsletter for business owners. I also enter all their details into my contacts database with a note about what their business is about, what we discussed and any memorable snippets about them. This also enables me to be able to refer them onto people who might be looking for their service at some future point and to send them some valuable resources or information that I subsequently come across. This approach really works for me, as this is how I have got all of my clients to date. I have now become much more focused about which events I go to. After all if an event is not going to have people there that may generate business or business relationships in areas that my business is focused on, it is another “time stealer” Networking is a critical part of the “marketing pie” but without careful planning and thought it can be time consuming and unproductive. In order to avoid networking becoming another time stealer, here are my top 10 tips to maximise your time at networking events. 1. Know Your Purpose - Is the event for making new business contacts, meeting possible business partners, learning about or updating yourself on industry trends or increasing your support team. Think ahead of the event so you can prepare your answer to “so what do you do?” in the context of your purpose for that specific event and your overall business goals. 2. Prepare Yourself – dress appropriately for the event so you feel comfortable and think about how you can also stand out and be noticed and remembered. You are marketing yourself and representing your company – how do you want to be perceived? Do your business cards act as a great marketing tool? Making time before the event to really think about impact will serve you well once you “get into” the event itself. 3. Challenge Yourself – both a fun thing to do and something to stretch your skills. You could aim to speak to all the people in blue ties, all the people who are first time visitors (this is sometimes noted on the attendee list) get 20 business cards or find 5 people who will give you feedback on your latest marketing idea. This challenge should be connected to your overall business objectives. Random activities are not productive. 4. Seek Help From Your Host – if you are a first time attendee or do not know anyone, ask the host to introduce you to 2 or 3 people who fit your purpose for that event. Connecting with the host is not only polite but can also enable you to optimise how and with whom you spend the limited time you have. 5. Listen, Listen and Listen – spend time really hearing what other people are saying. Get them talking about themselves there business and what challenges they are facing. Great networkers create relationships first. Time spent listening; gathering information will enable you to really understand how you can help someone. This is always the primary activity – give first. 6. Create Future Opportunities – networking is a process and one off meetings are rarely going to lead to business. When you meet someone that shows an interest in what you have to offer, ask him or her if they would like to meet for coffee/lunch or would like to have a phone conversation to take things further. The follow up with prospects, suspects or potential partners takes more time but is often where the real value in networking happens. Be selective about who you do this with and again have a purpose for that follow up “coffee meeting” 7. Pay it Forward – think about how you can help other people. Can you introduce them to a possible partner or business opportunity? Do you have some great resource that they could benefit from? This is what makes great networkers stand out from ordinary networkers. Continually ask yourself “how can I help this person?” and “What one piece of information, advice or one contact could I give to this person?” 8. Ask For Help – Whilst listening is important getting a great outcome for yourself is equally important so knowing your purpose for the event is the first ste Office Furniture Imported From China is Growing in Volume ng new business contacts, meeting possible business partners, learning about or updating yourself on industry trends or increasing your support team. Think ahead of the event so you can prepare your answer to “so what do you do?” in the context of your purpose for that specific event and your overall business goals.The number of office furniture manufacturing facilities is increasing in China to meet with the demand and need in the US. Offering an amazing price discount for basically the same products as their US competitors, they are gaining new business from office furniture dealers, both online and in retail establishments. When it comes to buying office chairs in bulk for an office environment, price can make all the difference in the decision making process. The Chinese market for office manufacturing, as compared to other countries which also provide volume shipments, has a market which seems to be growing at a rapid rate. With many different choices listed on a site like Alibaba, a directory of international manufacturers and shipment companies, China comes up with the most listings. New office spaces can require a large amount of working capital for buying furniture and buying in bulk can be necessary. It is also important to save time and make sure to get the right products necessary at the lowest cost. Imported chairs in bulk, such as task chairs for standard employee use and high-end exe 2. Prepare Yourself – dress appropriately for the event so you feel comfortable and think about how you can also stand out and be noticed and remembered. You are marketing yourself and representing your company – how do you want to be perceived? Do your business cards act as a great marketing tool? Making time before the event to really think about impact will serve you well once you “get into” the event itself. 3. Challenge Yourself – both a fun thing to do and something to stretch your skills. You could aim to speak to all the people in blue ties, all the people who are first time visitors (this is sometimes noted on the attendee list) get 20 business cards or find 5 people who will give you feedback on your latest marketing idea. This challenge should be connected to your overall business objectives. Random activities are not productive. 4. Seek Help From Your Host – if you are a first time attendee or do not know anyone, ask the host to introduce you to 2 or 3 people who fit your purpose for that event. Connecting with the host is not only polite but can also enable you to optimise how and with whom you spend the limited time you have. 5. Listen, Listen and Listen – spend time really hearing what other people are saying. Get them talking about themselves there business and what challenges they are facing. Great networkers create relationships first. Time spent listening; gathering information will enable you to really understand how you can help someone. This is always the primary activity – give first. 6. Create Future Opportunities – networking is a process and one off meetings are rarely going to lead to business. When you meet someone that shows an interest in what you have to offer, ask him or her if they would like to meet for coffee/lunch or would like to have a phone conversation to take things further. The follow up with prospects, suspects or potential partners takes more time but is often where the real value in networking happens. Be selective about who you do this with and again have a purpose for that follow up “coffee meeting” 7. Pay it Forward – think about how you can help other people. Can you introduce them to a possible partner or business opportunity? Do you have some great resource that they could benefit from? This is what makes great networkers stand out from ordinary networkers. Continually ask yourself “how can I help this person?” and “What one piece of information, advice or one contact could I give to this person?” 8. Ask For Help – Whilst listening is important getting a great outcome for yourself is equally important so knowing your purpose for the event is the first ste Jobs en, Listen and Listen – spend time really hearing what other people are saying. Get them talking about themselves there business and what challenges they are facing. Great networkers create relationships first. Time spent listening; gathering information will enable you to really understand how you can help someone. This is always the primary activity – give first.Are you interested in working part time but not sure of which route to take? Consider becoming a part time legal secretary or word processor. Where working as a waiter or waitress one is usually paid minimum wage but the hourly rate for a part time legal secretary or word processor ranges from around $12.00 per hour up to $35.00 p/hr (Edgar operators make up to $35.00 an hour) depending on which state you live in. One of the requirements to work in law firms is knowing Microsoft Word. You might already know Microsoft Word.If you do why waste your time making a salary that is low? Legal secretaries and word processors are always needed because of the demand to process, revise and edit legal documents daily. Some law firms run 24 hours a day, 365 days a year, even on holidays. There are other things to consider like typing speed and registering at employment agencies for working in a law firm. Another perk of working for law firms is that if you work past 8:00 p.m. at night depending on the state you live in you will be sent home in a car, free.One of the greatest obstacles to overcome when 6. Create Future Opportunities – networking is a process and one off meetings are rarely going to lead to business. When you meet someone that shows an interest in what you have to offer, ask him or her if they would like to meet for coffee/lunch or would like to have a phone conversation to take things further. The follow up with prospects, suspects or potential partners takes more time but is often where the real value in networking happens. Be selective about who you do this with and again have a purpose for that follow up “coffee meeting” 7. Pay it Forward – think about how you can help other people. Can you introduce them to a possible partner or business opportunity? Do you have some great resource that they could benefit from? This is what makes great networkers stand out from ordinary networkers. Continually ask yourself “how can I help this person?” and “What one piece of information, advice or one contact could I give to this person?” 8. Ask For Help – Whilst listening is important getting a great outcome for yourself is equally important so knowing your purpose for the event is the first step, knowing how people can help you is also vital. Be brave and ask for what you want otherwise how will people know? Your time is precious and so each person you speak with needs to be aware, before they leave you, what it is you do, who you do it for and how they might be able to help you further. 9. Keep Circulating – Enjoy the event, have great conversations and focus on what your purpose is. However, spending 2 hours of a 2 ? hours event talking to one person is not making the most of the event. Develop a great moving on strategy so you don’t spend too much time in one place. If a particular person is engaging and you both feel you are getting mutual benefit from the conversation ask them if they would like to meet up at a future date. Then move on 10. Review and Follow Up – Take some time after each event to assess how successful the event was against your purpose and your challenge. Reconnect with those people you said you would and plan the meetings phone calls and actions you promised. Having taking the time to attend the event to not continue the process after the event is an unproductive activity and not good time management. As the saying goes if it’s worth doing it’s worth doing well and random activity at random events with random follow up is not a good strategy and not good use of your time. ©2005 Beverley Hamilton
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