Business networking through Meet up Group is the process of developing relationships in order to enhance knowledge, increase business and expand one’s sphere of influence.
Your Meet up Group network could include everyone from friends and relatives, business connections, your social network, current and previous co-workers, and members of groups to which you belong.
Business networking is a really valuable way to expand your knowledge, learn from the success of others, attain new leads, and tell others about your business. Active networking is vital to growth.
Business Networking 101 - Effective Networking Strategies
Frustrated because your governing board members lack zeal for the cause and won't raise money?If you're the CEO or a board member, your nonprofit organization needs you to galvanize that board. It's board development time. But...What if certain extenuating circumstances suggest a direct approach to the governing board is not a good idea at this time? Try advisory councils.Advisory councils are a great way to re-charge the juices in a nonprofit organization's leadership and advancement experience. Here are a few reasons why:Recruits individuals who may not (yet) qualify for governing board membership. Expands opportunities for attracting new talent, perspective, and participation to the organization, people who are honored by the appointment and eager to contribute. Attracts additional leadership to the organization without threatening current governing board members, i.e. you need not be forced to invite one to leave in order to invite another to join. And, if there's a problem on the governing board, you can by-pass it by choosing to wage that battle another day. Engages leaders who want to serve but do not want to assume fiscal responsibility (governing board only) for the nonprofit organization. Interests potential members who are often over-committed but still want to be involved, so they like the typical council's limited number of meetings per year. Helps focus members, thus raising probabilities of success, via "single-purpose" councils. If your council exists to "give or get," members who accept an appointment have already made a commitment to be financially involved. Offers an opportunity to increase diversity among the organization's influentials. Acts as a farm team for developing leadership for the governing board and other organizational opportunities. Represents the organization or one of its departments, matching council members' professional expertise or interests in a best fit. There are more reasons why advisory councils can be your leadership or advancement panacea. Add your own experiences to the list.Perhaps your nonprofit organization reserves to the governing board the authority to appoint councils and/or members. This can be appropriate, depending upon your organization's history and needs. But you may want to expedite the creation of advisory councils and the recruitment/appointment of members by developing a brief advisory council blueprint and then request the board pass a resolution empowering the CEO to develop advisory councils and enlist members later as the organization may require. You can also use the blueprint as a job description for orienting new council members.Here's an example of what an advisory council blueprint might entail:Mission: To advise the CEO on matters pertaining to leadership in the organization and the community.Counsel: Expertise, insight, strategic thinking, innovative ideas, networking, trend analysis, encouragement, vision casting, leadership, advocacy, mentoring, support, community opportunities and contributions.Membership: Members will be appointed for their leadership, expertise, wisdom, and contacts, which they can use to build the effectiveness and reputation of the organization. They shall be people of good character whose lives and work will by association be a credit to each other and the organization. Members will be appointed by the CEO.Terms: Members will serve without terms (or you can develop terms) for as long as the CEO and the council member consider the service mutually beneficial.Members should attend meetings faithfully and agree to support the organization financially on an annual or project basis.Meetings: Councils will typically convene four times per year in meetings called by the CEO. Special meetings may be called from time to time.Authority: Councils serve in an advisory capacity with the consent of the Board of Directors. Advisory council recommendations will have no legal or binding authority upon the organization but will likely influence the course of the organization's development.One last thought you should make a cardinal rule: The worst thing you can do is appoint advisory council members and then not use (converse, convene, listen, engage, etc.) them. Putting people on a council that goes nowhere wastes their time and disrespects their talent. Fool them once and you won't fool them twice.Advisory councils are a wonderfully flexible and potentially high-impact tool. Skillfully employed by a CEO or board, advisory councils can act like a chlorine shock to the organization's leadership pool. They can help make things clear so you can once again see where you're going and how you're going to get there.
There are many benefits of business networking:
1. Increased business.
Networking is great for generation of referrals. You get high-quality referrals through networking, and much higher quality leads than other forms of marketing.
2. Strong connections.
Betruedesign networking opportunities opens the door to talk to highly influential people that you won’t otherwise be able to find easily. You have a great source of relevant connections in your network that you can call on when you need them.
3. New opportunities.
You gain opportunities like joint ventures, partnerships, business, client leads, job, speaking and writing opportunities. Active networking increases your likelihood of receiving new opportunities for business, career advancement, and personal growth. Make sure the opportunities you get involved in should align with your goals and vision.
4. Career advice and support.
You get quality advice from your network on all sorts of things related to your business or even your personal life. Networking opens the door to valuable suggestions and guidance from experts and experienced people. Your sphere of experienced peers will be able to answer even your toughest questions.
5. New ideas.
Exchanging information on challenges, experiences and goals is a key benefit of networking. Your network can be an excellent source of new perspectives and ideas. By talking to experts, you can gain insights from a different perspective. You see things in a new light.
6. Raising your profile.
Networking helps you build your reputation as a knowledgeable, reliable and supportive person if done right. Regularly attending professional and social events will help you get noticed and advance your career.
7. Positive influence.
It’s important to surround yourself with positive, uplifting people that help you grow and thrive as a business owner.
8. More knowledge.
Networking is a great opportunity to exchange best practice knowledge, learn about the business techniques of others and stay abreast with latest industry developments.
9. Increased confidence.
By continuously putting yourself out there and meeting new people via a Meet up Group, you’re stepping outside your comfort zone and building invaluable social skills and self-confidence. You get increased confidence by regularly networking and pushing yourself to talk to people you don’t know.
Strong lasting friendships tend to form as a result of networking because mostly all are like-minded business owners.
11. Satisfaction from helping others.
Business owners have problems and issues within their business that needs solving, and it’s a great satisfaction helping others.
In short networking sessions organized by Betruedesign is actually about building long-term relationships and a good reputation over time.
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