Building a Networking Relationship: 1 of 7

“How Do I Go About Getting Others To Know, Like & Trust Me?” In the world of business and professional networking, that is the $64,000 question.

One answer is Never Stop Giving. The Golden Rule of Networking states “give first, get second.” In short, if you want to get things from your network, you need to give to it. Focus on giving to others … give referrals … give additional contacts … give opportunities … give information … give encouragement … give support … give, give, give.

When you give to others they cannot help but Know, Like and Trust you. As a result, the people you give to will want to return the generosity. In addition, you will develop the reputation of being a “generous person.” This will inspire others to want to contribute to you, as they come to believe that you are likely to give back.

This is powerful and should become almost a daily habit.

• Share information with others and they will share information back.
• Give referrals to centers of influence in your network and they will go out of their way to return the deed.
• Help your prospective clients with things unrelated to what you sell and you will be forever on the top of their mind (perhaps referring you clients down the road).
• Be supportive of your clients and vendors and they will “rave” to others about you.

With everyone you encounter, ask yourself, “In what way could I help them?” When the answers come to you, take action. That will build Know, Like, and Trust like nothing else.

Creating Solid Networking Relationships

We create solid relationships with people in our lives when we set about to make three things happen. This can be distilled down into three simple words: Know, Like & Trust.

You build relationships when people get to know you and you get to know them. You build relationships when you get the people you know to like you. And you build relationships when you do the things that allow other people to trust you.

Here is a simple reality – people do business with people they Know, Like & Trust. You do business with people you Know, Like & Trust. All things being equal, you will do business with someone you Know, Like & Trust.

You likely have the accountant, banker, or financial planner in your life because, all things being equal, you Know, Like & Trust them. In fact, all things being UNequal, you would still opt to do business with the person you Know, Like, & Trust. Think about it. If you have automobile insurance, there is no question you could find the same coverage for less. Yet, you stay with the same agent. Why? You Know, Like & Trust that person.

Know, Like & Trust is a powerful component of human nature. If you can get people coming to the conclusion that they Know, Like & Trust you (this is at a very gut level), they will more likely be moved to help you … refer you clients … introduce you to centers of influence … direct you towards beneficial opportunities.

Networking: Is It More Than Just Finding People?

“It’s Not What You Know, But Who You Know.” Chances are you’ve heard that once or twice in your life from a well-meaning parent, a mentor, or supportive colleague. But how much truth is there to this?

Who you know IS more important than what you know…in some regards. The world has more than its share of brilliant people that don’t reach their true potential because they work in a vacuum with limited contact with other people. At the same time, far less brilliant people rise to great heights merely on the connections they have. Bill Gates is not the smartest computer person. He is simply a smart computer mind with a plethora of connections.

But as much as WHO you know is important, the world also has more than its share of individuals that seemingly know lots of people but gain very little from this network. How is this possible? Quite simply, it is more than just WHO you know.

Effective networking is not just about knowing lots of people, making dozens of phone calls, posting on LinkedIn, and attending events. Nor is effective networking just about connecting with and being connected to others. Effective networking is about having meaningful relationships with those you are connected to.

Success will not come from filling your database with the names of thousands of people but from creating relationships with a reasonable number of those people. Which people?

  • Existing contacts and centers of influence, such as bankers, attorneys, accountants, and outplacement professionals.
  • A wide variety of people whose businesses are directly related, indirectly related, and even seemingly unrelated to what you do.

Whatever the case, the important thing is to build a solid RELATIONSHIP with them.

Networking Works!

There is tremendous value in networking and networking adds value to you. Networking is much more than prospecting and selling. In general, it involves interacting with those around you (face-to-face, over the telephone, e-mail or text, and even using social media). G (Results)Nevertheless, you engage in networking for the purpose of the people around you and at the same time position yourself to receive help.

Now it may not work HOW you would like it to work. For example, you go to a networking event hoping to meet accountants who might know of people interested in buying a franchise. To that end, nothing pans out, but you do learn of a job-transition group that you were not aware of. Networking did not work HOW you wanted, but it worked.

Networking may not work WHERE you want it to work. The next day standing in line to get coffee, you strike up a conversation with someone who reveals in polite conversation that they are looking for more freedom in their professional life. Networking did not work WHERE you wanted, but it worked.

Finally, networking may not work WHEN you want it to work. For example, again, you go to a networking event hoping to make contacts to help you find clients interested in franchising. You seem to come up empty. Then a month later, a year later, or even a decade or more later, someone reconnects with you from that event looking to be your client. Trust me, this happens. Again, Networking did not work WHEN you wanted, but it
worked.