Business networking for entrepreneurs is a symbiotic relationship between different entrepreneurs in which different entrepreneurs come together, pull resources together and benefit from each other.
IMPORTANCE OF NETWORKING
From the definition given in the above paragraph, it is clear that there should be some importance accrued to it -networking. Some of these benefits include
1. NETWORKING MAKES YOU TO BE SEEN
As an entrepreneur you need to maintain regular contact with your clients and also make new clients in the process, networking makes that possible .
One of the ways to be seen is by attending business luncheons, and other networking events that can keep you always in the minds of your potential clients, business partners and investors.
2. NEW POTENTIAL CONNECTIONS
Potential connections could come in form of contacts and referrals, which could in turn result into customers for you which you can in turn add to your client base.
Through this medium, you can be able to strike some partnership deal ,establish some joint ventures, or new come about new or refined ideas that could lead to the expansion of your business.
3. STAYING ON TOP OF YOUR GAME
Networking also helps you to know current updates as it relates to your field. Staying on top of your game will enable you envisage challenges and also avoid them.
To stay informed at all times, you need to network and one of the ways to do that is by attending seminars, functions, conferences and what have you.
4. GETTING TIPS AND INSIGHTS
One of the benefits of business networking is that you get empowered with knowledge as it relates to your field and even beyond because you are applying some of the tips and experiences of your connections i.e the people who are affiliated with you.
Now imagine going into a special kind of trade and you get professional advice from someone who is a pro in that field, it means ghat you won’t need to go through the same hurdles the pro went through, you just have to apply the right approach to it as given by the expert and you can in turn save a great deal of money and also time.
HOW TO MAKE THE MOST OF YOUR BUSINESS NETWORKING
Now if you are reading this you may be wondering and asking yourself this question ” how do i even start networking ? “. I tell you readers, it doesn’t take much especially in this day and age where the social media is there.
You don’t need to meet only at conferences anymore, while on social media Platforms like Facebook, Twitter, instagram and the likes, you can easily talk to your partners, clients and also get new clients and partners.
Once you commence whatever meeting with your clients or partners or what have you, you have to show this vital skill which is LISTENING.
While doing that, you should focus primarily on how to add value to the client before thinking about yourself first.
This will boost your relationship with hom or her and also will create room for trust.
BUSINESS NETWORKING GROUPS
While going about your entrepreneurial journey, you need to get yourself familiar with some platforms where you can see potential opportunities for you to network. Below are a few among many.
1. MASTERMIND GROUPS
2. COMMUNITY SERVICE GROUPS
3. PROFESSIONAL ASSOCIATION
4. SOCIAL MEDIA GROUPS LIKE WHATSAPP AND FACEBOOK GROUPS
5. BUSINESS NETWORK INTERNATIONAL