Thursday 30 April 2015

Authentic Networking

By Noeline Kirabo

Networking can be referred to as a process that fosters the exchange of information and ideas among individuals or groups that share a common interest. It involves creating a group of acquaintances and associates and keeping it active through regular communication for mutual benefit.[1] Networking is based on the question "How can I help?" and not with "What can I get?"
Networking may fall into one of two categories - social or business. In the latter category, one of the implicit objectives is to form professional relationships that may boost one's future business and employment prospects[2].

For some, networking is about compiling a huge database of names, usually by collecting business cards. Others see networking as the opportunity to get in front of people and personally prospect for business. Still others perceive networking as nothing more than hanging out, with no specific intention except to be seen and socialize.

Ivan Misner (2012); defines networking as - "The process of developing and activating your relationships to increase your business, enhance your knowledge, expand your sphere of influence or serve the community."

Every young entrepreneur is cautioned as they launch their venture to focus their energies on building strong and effective business networks. This soon turns out to be a way of life even as the business or venture grows. Fortunately networking is not limited to entrepreneurs only but rather cuts across all career paths and choices. The business world thrives on networking and so does the employment arena.

As an organisation we were challenged to pull up our socks and get in shape regarding networking. One of the core skills we had to learn is pitching - the ability to interest potential partners and investors in less than a minute. The pitches got better and better but they were not yielding the required results so often times we felt frustrated and exhausted. A wise man helped us identify what was the missing link in our networking efforts.

In an effort to sell ideas or businesses, we soon forget that we are selling to people who want to feel connected to the world around them. People do not buy into ideas, they buy into the connection they have with the idea and its relevance in their lives. So to effectively network, you have to take into consideration what the other person needs and the feedback regarding how they feel about your value proposition.

Having said that; it is important to be authentic and real even as you network.  Nobody wants to buy into a fake idea. If people perceive you as unauthentic, they are likely to brand your idea in a similar way. We have therefore learnt along the way that brilliant ideas are sold by brilliant people. A good idea will not make up for your lack of values or morals. In selling your idea, you sell who you are.

To be successful with business networking, you should understand that it is really about helping others as a way of growing your business. The people you help are more willing to help you or connect you to people they know, therefore it is worth being authentic even as you offer authentic propositions.


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