TIPS ON EFFECTIVE NETWORKING


By Leslie Grossman, President of the New York City Chapter of the National Association of Women Business Owners, and President and Founder of Communications/Marketing Action, Inc.

When I started my firm 11 years ago, I thought I had no time or energy to network. It wasn't until three years into my business that I decided to give networking a try, and very quickly discovered that it was one of the easiest and most effective ways to grow, both professionally and personally. I joined the National Association of Women Business Owners (NAWBO) and was surprised by the many opportunities to get referrals. Who knew that a few years later, I'd find myself president of the New York City Chapter!

My membership has proved beneficial in so many ways. Initially, I joined one of NAWBO's lead groups -- a small group of members that supports one another with referrals and through the day-to-day challenges of running a business. Only one person per business category can join the group, so if someone had a contact looking for a marketing/communications firm, that referral went directly to me.

Over the years, I've developed wonderful relationships and built a solid support system of women entrepreneurs that I respect and trust. Now I get to pass my "wisdom" on to new members who are as determined to turn their dreams into thriving businesses as I was when I first joined the organization.

While NAWBO is a personal favorite, there are other organizations across the country dedicated to women small business owners, as well as groups for entrepreneurs of both sexes that provide excellent networking opportunities.

In today's competitive environment, networking is an invaluable marketing tool that no small business can live without. Here are a few tips on how to network effectively and have fun at the same time!

1. Capitalize on your natural talents.
According to Dr. Helen Fisher, a leading anthropologist and author of a new book called The First Sex: The Natural Talents of Women and How They are Changing the World, women don't have to learn how to network - they're born with the ability. "You can see this in a playground," says Dr. Fisher. "Little girls form groups and then work to build harmony within their tight circles."

2. Join a professional association or organization.
Business groups such as NAWBO provide a variety of networking opportunities, including lead groups, educational seminars and special events. You'll get to meet women entrepreneurs in many industries and at different stages of growing a business. Also consider joining the local chapter of the professional organization for your chosen field. Some professions even have associations specifically for women, such as the Women's Bar Association and Women in Advertising. To learn more about your options, search the Internet, contact the SBA or call your industry's trade publication.

3. Write a one-sentence description of your business.
A simple positioning statement defines what you do and how your business is different from others. In networking situations you typically have 30 seconds to grab a person's attention and have them understand what it is you do. If you go on for three minutes or more and the person you're talking to still doesn't "get it," you've probably lost them and your potential for doing business.

4. Take advantage of "tricks of the trade."
Even if you can't afford to exhibit your products or services, simply attending a trade show or organization puts you in the right place at the right time to do some heavy-duty networking. It seems that a large number of women business owners have already figured out the value of trade shows. According to the American Express/NAWBO survey, 43 percent of women small business owners already use them to grow their firms versus 23 percent of male owners. You go girl!

5. Be resourceful.
Don't discount good, old-fashioned "word of mouth." Carry your business card with you to the grocery store, shopping mall, gym . . . everywhere. You never know where your next client or customer will come from. And don't rule out your friends and relatives as possible contacts. Tell them what your business is about, even if they'd never use your product or service. Your Aunt Sadie may have a friend who has a daughter who needs exactly what your company has to offer. You never know . . . .

6. Give referrals, get referrals.
Be generous. In networking situations, learn about the other person's business. If you know a potential client or customer, offer to call that contact on their behalf. Make sure that your co-networker is crystal clear about what you do and the kind of business that you want to attract. Don't be shy -- ask them to suggest a potential contact who they are willing to call for you. Remember, sometimes it appears one-sided, but in the world of networking, "What goes around, comes around" eventually.

7. Mentor and be mentored.
As you network, you'll form contacts who will prove extremely beneficial to you and your company. Some will send new business your way; others will share the lessons they've learned so that you don't have to make the same mistakes they did. Don't ever take this support for granted. You can create formal or informal mentoring opportunities, but establishing these relationships will benefit you both professionally and personally.

8. Use the Internet.
Surprisingly, a recent American Express/NAWBO survey found that only a very small percentage of women and men entrepreneurs take advantage of the Internet to network. It's an invaluable way to reach potential customers and clients here and abroad; connect with other entrepreneurs; find employees and learn more about your industry. Want to start a business? Learn about going global? Seek advice from small business authorities? Then bookmark the Small Business Exchange and other sites dedicated solely to small business owners and/or to women, including NAWBO.com, ivillage.com and womenconnect.com. If you're based in
New York, feel free to e-mail NAWBO, New York City at nawbonyc@aol.com.

9. Embrace the competition.
Talk to "the enemy"? Absolutely. As you hone your networking skills, you're bound to meet other women and men in your field. Don't give away trade secrets, but don't be afraid to strike up a conversation either. As Dr, Fisher suggests, rely on your innate ability (men call it "women's intuition") to pickup and assemble a variety of cues, including body language. Use what comes naturally to know whether or not to share information. You can learn a lot from the competition, especially those who have been on their own longer than you have. Many remember what it was like starting out and are happy to share their wisdom.

10. Less is more.
While networking is time well spent, it still takes time out of your busy schedule and money out of your pocket. Don't feel compelled to join every organization out there. Determine which groups are best suited to your specific needs, then join one or two. My final word of advice: be an active member. You won't meet anybody just sitting home reading the group's newsletter!

 

Ken Roys, CEO

BTF Management Consultants Inc

866-385-1900 Toll Free 713-983-7904 Fax

Ken.Roys@btfmanagement.com

www.btfmanagement.com