5 top tips to make your speed networking session a success

Most businesses would agree — referrals and face-to-face contact are the best ways to build and nurture business relationships — however, contrary to this many businesses spend many thousands of pounds placing advertising and sending marketing via email or though the post. 

Why you should get involved with speed networking?

If meeting someone is the best way to judge whether you can do business with them why don’t more businesses get involved with networking? Well, for many people it seems to be a little bit of nerves that can keep them away from meetings — so, if a breakfast or lunch seems too daunting how about the best and quickest form of networking — speed networking?

Speed networking is not a new concept, however, in a time when we seem to be spending more and more of our working day communicating online and through email it makes a refreshing and interesting change to your business development strategy. Arguably, speed networking will give you access to more people in one hour than you might normally meet in a month. It’s quite normal to feel a little apprehensive but do a little prep work beforehand those nerves should be calmed.

As ever preparation is key

1. Make sure you have a great opener for each of your pitches — just 10 seconds will do, covering an introduction, what your business is about or what you are looking for.  

2. Try to think about the different types of people and businesses you are going to meet and how you could change your intro to meet their needs — you’ll have far more success if you can slightly tailor your pitch to each person. 

3. Be practical — remember your business cards and a pen to make notes (on the back of each card is a good idea) and remember people’s names!

4. Not everyone is going to seem suitable for you or perhaps be interested in your product or service right now, but, remember to “think outside the box” — the product or service may not be suitable today but what about next month or in year’s time when you have diversified or grown? Consider whether a contact could become a mentor or a partner or a franchisee? The people who gain the most from these sessions are those that are the most open minded. 

5. Although it may seem counter intuitive, do your best to help the people that you meet — try to offer solutions to them and their challenges. You’d be surprised at how this “pay it forward” mentality has helped many businesses — perhaps not immediately but at some point. You’ll impress your new contact and you never know they may well recommend or use you in the future. 

Networking for success

Many of the most successful entrepreneurs are those that have spent their time networking — building trustworthy, reliable contacts across their industry, in support services and a wide variety of geographical locations. Meeting people and developing positive relationships is surely the key to a successful business?

So, hopefully now you should feel a little more prepared for a speed networking session? Come along and try a session at the West Kent B2B, 27th March. And let us know how you get on ……

Networking in a digital age

As the digital world continues to develop and it seems that more and more of our communication takes place online, over email or via social media is the art of networking face-to-face becoming obsolete? The growth of social media and other networking applications such as crowdfunding sites has undoubtedly led to employees spending longer in front of their screen and less time out meeting contacts, peers and clients face-to-face. Unarguably, online has opened up many businesses to otherwise unreachable international markets and information that would have previously taken weeks to research is now available at your fingertips. The growth in this technology has opened up many alternative commercial channels for businesses, large and small; however, it has also meant that employees now spend time sifting through vast swathes of information – making decisions as to what is useful and what is not.

Networking is an important skill

As the tide of social media has continued to grow there has also been a growth in the number of people discussing the need for face-to-face meetings and nurturing those so-called softer skills of networking and developing relationships. Interestingly, Julia Hobsbawm has long heralded the need for businesses to maintain more face-to-face contact and the need for employees to “come out from behind their screens “ and actually meet people. She has such weight within the business community that the Cass Business School based in the City, London have recently made her their inaugural, honorary Professor of Networking. Julia has long argued that the process of building networking skills is integral to the development of a solid, productive team, that networking is less of a soft, additional skill and that is should be brought to the forefront of business skills that firms should be demanding from their employees. Proving that an ability to network matters and can make a difference to the bottom line of a firm takes the skill swiftly away from its lightweight roots or comical images of standing alone in a conference room with a handful of business cards and takes it into the realms of relevant, contemporary business thinking. 

Larger firms recognise the need to network

Hobsbawm argues that, in fact, it is a disservice to think that employees don’t want to or aren’t capable of networking in this way. Large businesses such as BT and Regus have proven business techniques that show that in order for employees to work at their best, face-to-face contact is required. They ensure that new managers go out and meet all their teams – even though their corporate policies rail against “unnecessary travel”. To run a successful business is obviously a far more intricate operation than employing people to sit behind desks connecting through their PC’s. Employees should, and need to be encouraged to take the opportunity to network as and when they can. Hobsbawm comments that these opportunities may also come from the most unusual of places, but are necessary in order to push those employees onto the next stage of their career (and prevent them from becoming disillusioned). Businesses themselves need to aspire to be dynamic and forward thinking – they must remember to look beyond their own walls and engage with the wider world. 

Networking whether it is in your social circle, with peers at a curated external networking event (such as those run by the CIPD), or at a focussed business to business conference or exhibition should be a firm and regular fixture of any business. Starting a relationship online is great, but the cement that will hold and build that business relationship into a longstanding, mutually profitable one will be done face-to-face.