If you knew that meeting just one more person could drastically increase your income, would you step up your networking efforts? Well, that special kind of connection happens more often than you might think and you never know who will blossom next. It could be you. So it’s important to make networking a major part of your marketing plan.
I hope that you’ll find some inspiration in a networking success story from Guy Martin, co-owner of Las Vegas-based construction firm Martin-Harris. The company operates in multiple states and just a couple of years ago was already making hundreds of millions of dollars in revenue. In the true spirit of entrepreneurial excellence, company officials kept networking to create new opportunities to grow. A couple of years ago, just one new connection led to an incredible leap forward. That single new relationship led them to a new revenue stream that now accounts for 80-percent (yes, 80%) of the company’s annual revenues!
Guy is just one of many mentors serving in the Clark County Business Development Education Program (CCBDEP), a small business capacity-building program in Southern Nevada. We were hearing Guy’s story as we sat comfortably in a beautiful facility provided by yet another mentor organization, Nevada State Bank (NSB). CCBDEP administrator Tom Akers had met bank representative Rosalee Hedrick while networking. They soon learned that they had common goals and the rest is history. This partnership is yielding great gains for dozens of small firms who now have access to the resources and expertise that the County, mentors and partners have to offer. I am very excited to be among the partners!
TIPS FOR BETTER NETWORKING
Remember, it’s not about overloading on business cards and trying to make a sale. It’s about building solid, long-term relationships. I remember feeling very excited several years ago when I met a potential client who expressed a desire to work with me. I must admit that I began to feel a little discouraged when the work did not materialize as quickly as I had envisioned. Then, about two years after our initial meeting and occasional conversations, I got a call out of the blue–the client was ready. We are now a couple of years into a great working relationship.
I’ve heard many networking experts recommend–and I agree– that the best way to start building a relationship is not by trying to make a sale, but rather to find out how you can be of service to your new contacts. Show genuine concern. Do you offer free newsletters, articles, CDs or other helpful tools that might prove helpful in meeting their needs? If so, making such tools available would be a good place to start. It is great a way for potential customers to sample your work, as they begin building confidence in your ability to help solve their problems and achieve their goals!
Schedule networking as a regular element of your marketing plan. Determine where you will network, when, why and how often. Crunched for time? Try starting with just a few hours per week in settings where many of your potential clients gather and build from there. Here’s wishing you networking success!
If you wish to use this article, feel free, as long as you make sure to include the following: Corporate communication consultant Juana Hart Akers delivers group workshops, coaching and consulting services in marketing, public relations, presentation skills and communicating change. To learn about services, programs and workshops, email info@jhart.tv or call 702-257-6646. To get your free pdf copy of Juana’s eBooklet “Before You Contact the Media” visit the J-Hart Communications website at www.jhart.tv .
Tags: business, marketing, marketing plan, Networking