The Business Exchange Swindon & Wiltshire Edition 36: April/May 2018 | Page 30

HOW TO BECOME A NETWORKING PRO

Networking in business : A valid marketing tool or a waste of time ?

By Fiona Scott
Networking is for many business owners , an essential part of their marketing mix and there are many local , regional and national organisations which offer a staggering range of opportunities for business owners , directors and staff to meet , engage and perhaps pass business to each other .
Although not for everyone , networking is central to the development and growth of many businesses , particularly in the SME and B2B sectors . This might be for purely lead generation but also for support and friendship among like-minded individuals . Running your own business – even if you employ staff - can be a very lonely experience .
Networking can also be an area of
marketing which can easily be a waste of valuable time . So if networking is for you – what are some key hints and tips from those who are recognised across the South West for being experts ?
John Raine , owner of office and business products company Tarka , was recently named Networker of the Year at the South West Business & Community Awards . He ’ s
also launched a programme of professional support for those who want to network effectively and fear they are not making the most of the opportunity .
John , 76 , was one of the first members of the national organisation 4Networking – which as its HQ in Taunton , Somerset and now has 5,000 active groups around the UK . The organisation has thousands of members
from sole traders running an enterprise from home through to corporates who want to engage with other businesses in their communities , large and small .
John joined 4Networking in 2006 and is well known throughout the network . He is now a senior regional leader supporting other leaders across the UK to effectively manage their groups and local membership .
JOHN RAINE ’ S TOP 10 NETWORKING TIPS
1 . Mindset – make sure you look happy and friendly , be positive and ready to engage immediately with everybody in the room .
2 . Friendly but business-like – make smart decisions about who you want to talk to in the room . If possible , find out who ’ s going to be attending beforehand and make a plan of who to make contact with .
3 . Business cards - some people say they ’ re old hat now , but that ’ s not true – they are a necessary tool .
4 . Be present – look into people ’ s eyes directly and have a firm and friendly handshake .
5 . Summarise – give a concise summary of your business , not a lecture and let them know how networking has worked for you .
6 . Listen – be interested and ask open questions such as ‘ how ’ s business been lately ?’, or ‘ what are your successes ?’, or ‘ what have your challenges been ?.’
7 . Plan – if you exchange business cards , do it with a purpose . For example , ask if it ’ s okay to follow each other on social media or can I call you tomorrow ( and make the call ).
8 . Email – only email if that ’ s been mutually agreed between you . Make a judgement about if they ’ re serious about receiving your email or they ’ re just trying to get rid of you .
9 . Relationship – remember it ’ s always relationship first , business second . The 4Networking mantra is ‘ meet , like , know , trust ’ and it works .
10 . Connect – look for business opportunities between other businesses outside your own which you see as obvious . People will thank – and remember you – for it .

IF YOUR BIGGEST BARRIER IS YOU – THEN CHANGE YOUR MINDSET

I arrived in the South West in June 2014 – I had no network and knew no one . I was starting a new business . Now four years later I have a healthy local network , a great business and I have made some good friends .
I thought it would be easy but it wasn ’ t ! Why ? It was me . I had to take a long look at me , my beliefs , my fears , my brand . I had to start again after 30 successful years . I was my biggest barrier .
So , what did I do ?
1 . Find your tribe . I found all the fantastic business magazines ( this was one of them ). I read the local newspapers and identified the key businesses , the key decision makers , the people who were making a difference in the South West .
So , who are they ? Who do you know already ? Who do you want to connect with ? Research !
Don ’ t try to meet everyone at every event – it ’ s a big mistake . Get clever on where you spend your time .
2 . Make the right approach . Be interesting and be interested ! Build the rapport . It ’ s not all about you ! The less you speak the more you will hear . Ask about thembe curious . Find out about their needs – are they Latent ( they are not aware ), Direct ( they tell you ) or Assumed ( you think you know them ). Make them feel special . Show you care . Give back . Help them .
3 . Have the right mindset . I had to battle with myself , my fears and insecurities . I told myself “ I am OK , I can do this , I know my business , I have huge experience and I only want to meet great people .” I had to close down my negative ‘ self talk ’.
4 . Follow up and look after your contacts . Give back , help them and never ever give up .
We cannot survive in a bubble , so networking is why we need to continually build and maintain our networks . You are OK – You can do it !
Nicola McHale , CEO Mentor and Coach , Founder Vi International and Vistage Chair .
For more info : www . viinternational . com
nicola . mchale @ viinternational . com Mobile - 07887 616606 UK . linkedin . com / nicolamchale
30 THE BUSINESS EXCHANGE 2018