Realty411 Magazine Featuring Lori Greymont | Page 38

P By Mark Hanf, Pacific Private Money eople are always asking me how I was able to build my private lend- ing business so quickly. How did I attract several hundred investors in just a few short years? Well, the simple truth is that I discovered how to network effec- tively. Networking, as I define it, is how I went from zero borrowers and zero investors to writing nearly 1,000 loans and attracting over 400 investors during the past five years was a result of daily conversations and a series of mini-explosions in growth, all from forming new relationships. Now when it comes to networking and talking with people, here’s an important EFFECTIVE NETWORKING for Your Business Success PacificPrivateMoney.co few questions to find When I attend an event, my goal is not a certain number of connections but at least ONE KEY connection. the act of building your business one relation- ship at a time. Effective networking is based on the premise that “how we show up” in the world is key to attracting success. My view of Effective Networking is based on three premises: • Our lives succeed or fail gradually, one conversation at a time. • People don’t like being talked to. They want to be talked with. • The simple truth is, people do busi- ness with people they like. out who they are and what they’re doing, Loans@PacificPriv and whatever they say, I find a way to be agreeable and compli- Pacific Private Money Inc. • CA Dept mentary about it. So, for example, I’ll find out where in the area they’re from, and I might say “oh, yeah, that’s a really nice area”; or if they tell me they’re doing fix & flips I might say “yeah, I have several friends who are doing really well with that. How’s it going for you?” As I probe about them, whatever I find out, I’m agreeable and complimentary about it. So the initial interaction with some- one is not so much “how are you” but “who are you”. People love to talk about themselves, so I always make the initial interaction revolve around them first. And the most important component I bring to each conversation is authen- ticity. People need to perceive you as authentic. They need to perceive your compliments and agreements as genuine and not forced. concept: When you meet people, try to speak and listen as if this is the most im- portant conversation you will ever have with this person. Because, quite frankly, it is. First impressions are always the most important – we all know this. So make sure that your first impression is an attractive one. One of the methods I employ is a strategy best described by expert networker Scott Ginsburg, who wrote The Power of Approachability, and here’s how he puts it: “Make people fall in love with you by helping them fall in love with themselves first. You do that by giving them a front row seat to their own brilliance”. The way I try and do that whenever I meet someone is to immediately engage them with a A key point to keep in mind is that, while no single conversation is guar- anteed to change your life, any single conversation CAN. The conversa- tion IS the relationship. As I network, I’m ever mindful of a quote from real estate expert Robert Helms, who said we are all just one relationship away from an explosion in our business! I know this to be true, because Realty411Guide.com Lea you len cop boo Attr PAGE 38 • 2015 WE MAKE BORRO reWEALTHmag.com