During my trip to Stockholm this week, I met with a 26 year old entrepreneur. Johan has just moved to Stockholm from his home in the South of Sweden and has a limited network. He is marketing a product to the Marketing Directors of major FMCG (Fast Moving Consumer Goods) companies and is being encouraged to build his network in order to get the connections he needs.
As we sat down to chat, Johan immediately told me his biggest challenge. "I am only 26, I don't know many people. I understand the importance of being able to help other people before asking for their help, but I'm not sure I have much to give."
This was a problem I heard many times during my time with BRE, and have written about before. As far as I am concerned, Johan has already overcome his major obstacle.
As long as you are willing and prepared to help other people in your network, then people will be happy to help you. They can tell who is genuinely interested in them, even if they are not in a position to help immediately, and who is 'hunting' for what they can take.
Experienced and well-connected business people networking with a 26 year old new to the City will not expect Johan to be in a position to help them at the moment but many will be more than happy to help him. It may be that they benefited from such advice and connections when they were younger. They may see future benefits from associating with someone who is likely to develop their business, they may just hope that he will do the same for another young entrepreneur in the future.
Having the right mindset is the most important thing, even if the opportunities to help are not there yet. Besides, show a real interest in other people and you may be surprised just how much you do have to give.
Thursday, November 12, 2009
What do I have to give?
Posted by
Andy Lopata
at
11:06 am
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Labels: finding a mentor, givers gain, mentoring, networking tips, working with a mentor
Tuesday, July 07, 2009
The Need for Greed
One of the key underlying principles of networking is the mantra introduced by Dr. Ivan Misner across BNI Groups worldwide. The principle of 'Givers Gain' dictates that you must be focused on giving to your network first and the rewards will follow and it is one that I agree with.
Sometimes, however, it's possible to go too far.
A good friend of mine is a case in point. He has a tremendous reputation for his generosity. He is always looking to help others and goes out of his way to be amenable. This is despite the fact that his own business is struggling and he really needs to focus on his needs first. He said to me recently that if he doesn't win more business in the next month he may have to find employment and shelve his company.
It is possible that his amenability is a actually a cause of his own struggle. My friend is so focused on seeking opportunities to help other people he forgets to ask for help for himself, or doesn't recognise opportunities for himself when they come along.
Last week I said to him that I was going to introduce someone who could be very helpful in opening some important doors for his business. As soon as I described some of the projects this contact was working on, my friend began to list who he knew who could help on those projects.
"That's tremendous", I said. "But this is a connection for you and your business. You need to focus on that initially, don't lose the opportunity.
"I know you're right", he said. "But I'm not greedy."
"You've spend the last twelve years not being greedy. Maybe that's one reason you're so needy".
My friend has been so focused over the years on helping other people, not only has he not asked for the help he needs, when a new introduction has come his way he has been more focused on who else could benefit from the new contact than focus on his own needs.
He has a bank of people who he has helped and who would love to help him, but he doesn't feel comfortable asking for their help. As a result, they cannot recognise the right opportunities for him and he is struggling.
Givers Gain works on the understanding that your network will want to help you if you continue to help them. That only works, however, if they understand how to help you and if you accept that help when it comes your way.
It's fine not to be greedy, but not to the extent it leaves you needy.
Posted by
Andy Lopata
at
9:10 am
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Labels: bni, business networking, givers gain, ivan misner, networking skills, referral marketing