Posts Tagged ‘Referrals’

How to Avoid a Bad Networking Experience

If you’re a member of a networking group that meets on a regular basis, you’ll be very aware of the focus on keeping a steady flow of visitors coming along to the meetings.  This needs to happen for a number of reasons;

  • One of the reasons we network is to expand our personal contact sphere and visitors help us do this.
  • New visitors always add energy to the room and will, usually, enhance the meeting.
  • Most networking groups are looking to grow and some of the visitors may well decide to join.
  • In a referral networking group, visitors do pass referrals -  if they have a need represented in the room.
  • If a member has a need represented by a visitor, that visitor may receive an opportunity to do business.
  • A visitor may prove to be a great referral partner for one or more of the members – even if they don’t choose to join the group.
  • Strategic alliances can also develop between members and visitors providing excellent, ongoing business opportunities for both party’s.

This is not an exclusive list and all of these things are, of course, dependent on the appropriate relationship developing but you can see the great benefits that visitors bring to a meeting.

As members, we tend to judge the visitors that come along from our own perspective but it’s easy to forget that they, too, will be making their own judgements.

They will be judging us as individuals,  judging our businesses and judging the networking group that we belong to – and all this from their experience at a single meeting.

A survey was carried out a few years ago asking people what their biggest fear is.  Surprisingly, the fear of dying only managed to make it to No. 3!   At No.2 was the fear of entering a room full of strangers and at No.1 was the fear of public speaking.

Given that many networking groups expect everyone in attendance to deliver a short presentation about their business, the results of this survey only highlight the fact that many of us are stepping way outside of our comfort zones when we go networking.  Particularly when visiting a new group for the first time.

As members, it’s really important that we’re mindful of the fact that many visitors will feel very ill at ease when they come to a meeting and we need to treat them in a way that ensures that they feel welcomed, valued and included throughout the meeting.  In fact, I think we need to make sure that they get a ‘warm and fuzzy’ feeling about their experience.

After all, no-one joins a networking organisation, they join the people in the room.  Not to mention the fact that, as I mentioned earlier, they are judging us, our businesses and the group by their experience.

The challenge with this is that members also share these very same fears and this can manifest itself in networking groups appearing to be cliquey.   Members can slip into the habit of getting into small groups and talking to their fellow members – their friends – and not talking to the visitors, which can result in visitors feeling excluded and getting a bad impression.

It’s our responsibility to make sure that all members are aware of this ‘fear factor’ and are constantly paying attention to visitors, making sure that they’re not left alone or left talking to other visitors without any member in attendance.  We need to actively include them in the group at all times and this is especially critical if we’re looking to grow our group.

If you’ve ever invited a visitor to your group only for them not to turn up on the day, don’t judge them too harshly.  It may just be that having to step outside of their comfort zone, in this way, got the better of them.  Give them the benefit of the doubt.

Always remember that many people find networking a pretty scary experience so, if you treat them accordingly, you’ll find that the early stages in new relationships will develop much more quickly, that visitors to your networking group will be far more likely to join and you’ll get visitors recommending your group to their contacts.

Happy networking.

Steve Bimpson

 

 

7 Steps to a Profitable Relationship – Part 2

In Part 1, we talked about the 3 steps on the ladder that we go through whilst developing Visibility in the relationships that we have.

The first step is Awareness, that moment in time when people first come into contact with us.  Either when they meet us in person or when they hear about us, in whatever way that may happen.

Step 2 is Familiarity.  This is the point when people start to recognise you or your name.  Interestingly, you don’t have to actually meet people to get on to this second step.

Step 3 is when people start to Know & Like you.  This is when the relationship is starting to develop quite nicely, ready to move it on to the next phase.

The next phase is all about building Credibility and the steps we need to move through in order to gain credibility in our relationships.

Steps 4 & 5

You know when you’re on the 4th and then 5th ‘rungs’ on someone’s relationship ladder when they start to display a level of Confidence and then Trust, both in you and in what you do.  This is a very important development in your relationship and moves you in to the realms of having Credibility in this particular relationship.

People are very unlikely to refer a personal contact to anyone that they don’t see as being credible.  At least, not without making that referral with lots and lots of qualification and, effectively, removing any endorsement of the person being referred to their contact.

Given that the type of referrals we all look for are those that are accompanied by a powerful endorsement of us, and of what we do.  Having a high level of credibility is essential if we want to achieve this.

So what are some of the things that you can do to make sure that people develop Confidence and then Trust in you?

  • Keep developing the relationship – and develop it socially, as well as from a business perspective.  The more that people like you, the more confidence they will have in you and the more inclined they’ll be to trust you.
  • If you want to be trusted, be trusting.  Personally, I always assume that I can trust people, at least to some degree, from the moment I meet them.  I may not show them a major level of trust to begin with but I adjust that level based on results – and people can go down my scale of trust much faster than they can move up it.  Of course, if they do move down the scale, they have to work far, far harder to move back up it, again.
  • One way of showing confidence and  trust is by giving referrals to the people that you would like to have refer to you.  It’s one way that we can invoke the Law of Reciprocity.  It may be that you qualify those referrals in the eyes of your contacts.  i.e. Tell your contact that you don’t know the person you’re referring them to, that well, and that you aren’t personally familiar with their work so can’t endorse it.  On those occasions where your contact may have to resort to Yellow Pages or Google, talking to someone that’s known, even just a little, is no bad thing.  They should just be considered on an equal footing with those people from the directories but the great thing is that you have given something in your new relationship.
  • Always make sure that you do what you say you’re going to do, no matter how small that thing may be and no matter whether it’s a business or a personal undertaking.  If you don’t do what you say you say you will do, it will affect the way that you are perceived.
  • In a similar vein, don’t promise to do something if you can’t do it well.  Rather, refer someone that can do it well.  The fact that you’d be willing to do something badly wouldn’t reflect well on you.
  • Make sure that you have a high level of knowledge and skill in your field so that, whenever you have occasion to demonstrate that knowledge or skill, you can do so, effectively.
  • Give knowledge, skill, information and introductions whenever you can.  Doing all of these things will help build your credibility, particularly, if you’ve gone out of your way to help and don’t expect anything in return.  So, do go out of your way to help and don’t expect anything in return.  If you do that, everything else takes care of itself.
  • In your business, always deliver your product or service to the highest standards.  Always focus on looking after your clients and making them feel valued.  Don’t give anyone any cause for complaint, no matter what lengths you need to go to.  Why?  Because people that are just getting to know you will ask their contacts about you – and you never know who those contacts may be.  At the end of the day, if you want to get referrals, you need to be referable.

Of course, there are many other things that you can do.  Just use your creativity and I’m sure that you’ll come up with things that I haven’t thought of.  And if these things also happen to relate to your business in some way, that would be an added benefit.

Bear in mind that it does take time to gain credibility and, as everyone is different, some people will require more time than others.  But you can affect the time taken by investing more of your own time in to doing more of those things that will build the relationship.

As you do more of these things, so you will move up to Step 4, Confidence and then to Step 5, Trust.

Never forget that you’re in control of the process involved in moving up this relationship ladder.  You simply have to take action and engage in those activities that will build the relationship.

From steps 1 to 3 we built Visibility in our relationship.  Having moved from step 3 to steps 4 & 5  we’ve now firmly established our Credibility.

Tune in to part 3 of the 7 Steps to a Profitable Relationship to find out about the last two steps that will bring us the Profitability that we’ve been working towards.

Steve Bimpson

The True Nature of Giving

If we want to build relationships that result in us receiving referrals (Referral Networking) then we have to be prepared to give referrals or, at least, give something of true value to those people that we are in these relationships with.  After all, it’s a little arrogant of us to expect others to give us something if we’re not prepared to give something of equal value to them.

In fact, we have to give first, sometimes over and over and over again, to create reciprocity in others.  Particularly, where we have instigated the building of this relationship and where we are interested in the relationship delivering the kind of result we would like it to.

The True Nature of GivingWhether we’ve instigated the relationship or not, if it’s important to us,  then there is something that we need to understand and it’s a real contradiction in terms that can take a bit of getting our head around.

Even though we’ve built this relationship with a view to generating referrals for our own business we mustn’t approach the relationship in this way.  When we take into account the “Universal Laws of Success in Networking” then we start to realise that building these relationships are all about what we give and not about what we receive.

For instance, the Law of Cause and Effect is all about sewing and reaping, about every effect having a cause.  Therefore, if we want to receive something then there has to be a cause first.

We have to sew the seeds and then nurture them.  That’s the fundamental Law of the Universe.

The Law of Attraction, as discussed at length in “The Secret”, talks about us attracting into our lives the people, places and circumstances that are aligned with our thoughts.

If we’re thinking about the referrals that we want to recieve, we will attract into our lives other people that are thinking the same way.  If all parties in the relationship are thinking about what they can take, where will it come from?

The Law of Reciprocity states that people want to pay you back for what you do for them or for what you give to them.  So by giving something of value or doing something of value for someone, they will have a natural desire to want to reciprocate.

If all we are doing is waiting for what we want from the relationship (referrals) then the other party will, almost certainly, reciprocate by doing exactly the same – waiting!

The Law of Compensation says that whatever you put in, you will get out.  You will always be compensated in full for whatever you do.

If we don’t “do” anything in this relationship, what level of compensation are we going to receive?

Whether we like to hear it or not, we really don’t get something for nothing and there are clues to this all around us.  Most of us simply don’t listen, or just don’t understand.   So, for the sake of clarity, let’s define exactly what the true nature of giving is or, at least, should be.

  • When we give, we are taking an action of some kind.  This action is a “cause” and it will produce an “effect”.   Trust me when I tell you this and trust that it will come back to you.  Just make sure that what you give is of good intention and good value to the recipient.
  • We must give without attachment, condition or expectation of what will come in return.  In keeping with the Law of Attraction the attachment, condition or expectation will have a wholly negative affect on the giving.  At best this will mean that anything we receive will come with its’ own attachment, condition or expectation.  At worst the act of giving will be completely negated.
  • Giving should be a habit.  It’s something that we should practice all of the time and in all aspects of our life.  Certainly, not just in our business – and not just because we’re trying to generate referrals.  If giving isn’t something that we do as a matter of course, then the power that comes from giving, will be restricted.
  • If we stop giving it’s usually to wait to see what comes of what we’ve already given.  This creates an attachment, condition or expectation and it will have a negative effect on what you receive.  If you stop giving, you’ll also stop the flow of receiving because the two are inextricably linked.
  • Understand that what you receive may not come from where you would expect.  In fact, if you’re expecting it to come from somewhere, you’re creating an expectation, or condition, linked to your act of giving.  Just trust that you will sew what you reap.  That what goes around, comes around.  And don’t forget that it usually comes back to you magnified!

The fundamental aim of networking-in-business.com is to help everyone understand how networking really works.  To help them realise that success in networking starts and finishes with what we give and not what we receive.

If everyone out there networking simply waited to see what business/referrals they would get, they’d all be waiting a very, very long time.

Don’t go making that most fundamental of errors, yourself.  Give freely, without attachment, and trust in the Universal Laws.  They ONLY work!!

Steve Bimpson