Showing posts with label networking. Show all posts
Showing posts with label networking. Show all posts

Wednesday, July 28, 2010

Don't switch off

A client of mine called me today and we were chatting about how his business was doing. He'd been struggling to get enough work in for his family team over the past year. Times have been tough in the building sector.


He told me that he and his wife had been out for a meal a few weeks ago and the locally owned gastro pub they chose was looking a little tired but the food was fantastic.

Remembering what I'd taught him - never miss a business opportunity - he took a note of the owners details and contacted him later to show him their portfolio.

It hasn't got him the pub job - yet - but it did get him a three month contract to do a major project in one of the family homes.

Turns out that the pub is one of three they own in the area and, if all goes well with the current job, he'll be well positioned to take on the renovation work that's planned for them.

Sometimes being in the right place at the right time can get you work.

But, if you 'switch off' when you are out socially, you might not realise that you're in the right place, at the right time, right now!

Terry Rees and his family owned property maintenance and repair business is based just outside Norwich.
http://www.propertymaintenanceandrepair.co.uk/

Friday, August 7, 2009

Help Others - Help Yourself

I'm always brightened by the enthusiasm within new and pre-start businesses at sales & marketing training sessions. Yesterday was no exception. A diverse collection of traditional and innovative business ideas. I wish them all success as they are putting in plenty of thought, action and hard work.

I'm certain that doing those training days does my businesses brain the world of good too.

How could you help others that might help you too?

Monday, March 9, 2009

Maximising your Networking Investment

I went to BNI leadership training today. I'm doing an extended term as Chapter Director. I don't mind, I really like the job.

The thoughts of a 7:30am start and 5 hours of training doesn't always seem like a good idea as the alarm goes off when it's still dark and evil thoughts of pulling a 'sicky' go through your half-awake brain.

But the end result was worth it.

Looking beyond the practical stuff of how to run effective networking meetings and chapter growth, what really comes shining through is the real purpose, and benefit, of putting aside a couple of hours every week to attend.

Making the financial commitment to be a BNI member for a year is not insignificant and shouldn't be taken lightly. Every member needs to maximise the potential they have of generating new business and profits to ensure a good return on their investment.

Every moment you are in a BNI meeting should be focused on that one goal. But managed incorrectly, it can turn sour and unprofitable very quickly.

Being a 'Hunter' and simply looking for every opportunity to capture business from other members and their contacts is unlikely to go down well and you could face the prospect of less business rather than more as members lose confidence.

BNI, and any networking for that matter, needs to be looked at as a medium to long term investment.

I would be reluctant to hand over an introduction to my best, most lucrative and sensitive customer until I am completely satisfied that you will do a fantastic job that will give me credibility for introducing you! So you need to prove to me that you are great at your job, you are committed to staying with the group (I don't want to be having to 'recommend' your replacement to my clients in 2 or 3 months) and that you are doing what ever you can to help the other members.

Offering to take on a role in the running of the Chapter is not only a great way to show your commitment, but also increases your own visibility within the group. If you do the role well you gain credibility as well as getting visibility.

BNI is not the only form of networking and the structure approach is not for everyone, our own Antidote Network for example provides a great alternative business forum. But I really do think that BNI is a great form of generating business and my profits would suffer without it.

If you're in BNI, or thinking of joining, make sure you maximise it's potential - hold up your hand and offer to help. You'll probably benefit more than you think.

Information about my BNI Chapter, Innovation.

Information about the Antidiote Network

Alloy CRM helps businesses increase sales, revenue and profit both on and off-line

Wednesday, March 4, 2009

Someone made me think about networking

As the Chapter Director of a BNI (Business Network International) group in Norwich, I was passed the contact details of someone who had shown interest in visiting and maybe joining our group. I sent out the appropriate invitation and received a reply that said they had spoken to most of our members at other networking events and they were not able to sell to them then, so there would be no point in joining. I sent them a polite (hopefully) reply explaining what networking is really about.

Yes there will always be an element of the hunter in us all at networking events, some events are more suited to it than others. Andy Bounds excellent book The Jelly Effect explains how to maximise this process well. He goes through the process of identifying your 'Big Fish' in the room and succeeding in securing a meeting later to discuss business opportunities.

However groups like BNI work on a different dimension. They are based on relationships. Understanding what your fellow members do, how they add value and their ideal target customer gives us the background knowledge we need to find them suitable prospective customers in our daily travels and maybe within our own client base.

To do this effectively we spend a great deal of time understanding each others business and gaining confidence and trust in their ability to fulfil. That's not a quick win. It takes time to build that sort of relationship, but once it's there is very sound and can be very lucrative.

So if you're just about to look at networking as a new form of marketing then make sure you understand how networking works before you blunder out there and think it's a waste of time.

Roy Gough of Alloy CRM helps businesses increase sales both on and off line.