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Feb 21 2018

7 Tips To Turn Your Contacts Into Powerful Connections

Business and personal success is all about making the right connections and finding the people who will lead you to new opportunities. However, many believe that success in networking is defined by the volume of exchanges (how many cards can you collect) when in reality there is little to no value in the quantity.

A lot of us are going about connecting in the wrong way. The real objective should be to connect with, learn from, and build real relationships with fewer people who are different than us and could challenge us to stretch our thinking.

Of course friends, family and acquaintances are important, but in business they can only get us so far. To reach our full potential we need to create meaningful connections with people who see things differently than we do, ask very different questions, imagine different possibilities, and challenge us to rethink the way we do the things that matter most.

Success in expanding a valuable list of contacts is solely based on the power of the connection you make.

 

How do you go about making and building powerful connections?

 

  1. Ask yourself, who would be a valuable connection?

Challenge yourself to move beyond the questions “Who is my ideal client?” and “Who do I need to meet to pitch my product?” Instead, put the focus on why connecting with a certain person or group is important to all parties? How does meeting this person potentially impact everyone financially and socially? If this connection is made, what is the likelihood it can be maintained over the long term?

  1. Ask yourself, what is my value as a connection?

It is important to know and understand your role. What can you bring into the relationship? What can you give before you can think about getting?

  1. Ask for a strategic introduction.

If there’s a specific person you’re planning to connect with, do some Facebook, Twitter and LinkedIn research to see if you have a contact who knows that individual directly, or at least knows someone who works for the same organization. If you can find it, a third-party endorsement will give you a powerful edge.

  1. Follow-up and put it on a calendar.

After clicking with a powerful new connection, don’t drop the ball. Never ever wait for everyone to email back and forth for a date. It won’t happen. Drive the date, suggest the time, and get it on the calendar. This provides value to your connections.

  1. Deepen the relationship.

Immediately following a conversation with a person of interest, dots down a number from one to ten on the back of their business card, indicating their potential to help you advance your business. For anyone who scores a six or above, adds a brief note about them, such as “three-year-old daughter, developing a new food services business, traveling to Montreal.”

The next day, send an email to the person, saying that you enjoyed the conversation, and reference one of your notes, like “Have a great time in Montreal!” You can also assist in some way, by sending a link to an interesting Montreal travel article or offering to introduce the person to a friend who works in the same field.

  1. Maintain the connection.

Create a schedule for keeping in touch, whether you reach out to X number of people each week, or set aside X amount of time each day to networking.

  1. Save your time and minimize connections that lack value.

If a connection isn’t of value and you cannot provide value, let it go. It’s best for both parties.

Finally, networking is like exercise and making powerful connections takes time and practice. You may fail a couple of times but don’t worry about it. In the end, you will find much better contacts and people who can benefit one another.

Women’s rights advocate and gender equality specialist, Darine BenAmara has dedicated her career to supporting other women. She is an international speaker, writer and advocate. Darine has significant international experience advancing women in leadership, leading global diversity and inclusion programs and advocating for women at work. Inspired by the many women she met, she designed “The Smart Woman”, an initiative helping women to overcome the challenges of networking and learn how to create smart connections to fulfill their career goals.

 

Connect with Darine on Facebook, Instagram, Twitter and LinkedIn. Don’t forget to subscribe to The Smart Woman newsletter for more networking tips.

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Written by Dwania Peele · Categorized: Darine BenAmara · Tagged: connections, Darine BenAmara, networking

Apr 16 2015

10 tips to Cut costs, Increase sales, and Save time

Jemi

For every small business, there will always be costs to be paid out. The trick is to receive more business than having to pay bills. Whether you are a small start-up company or a retail store, these tips you can do right now. Marketing and advertising doesn’t have to cost you a lot of money. With a little planning and some time, you can achieve the results you want. Try all of these tips once and track the progress. If it works, great! Do it again. If it doesn’t, note why you think it didn’t and how you would do it over again.

Tip#1 Know your customer! A pet peeve of mine is when an entrepreneur will tell me that EVERYONE is their customer. Although it is true that we can take business from anyone, there will be a group of people that will be your primary customer. This is the “type” of customer that buys from you regularly. They say 80% of your business will come from 20% of your customers. Get to know your customers very well. Learn about their buying habits, their education, and lifestyle.

Tip#2 Following the previous tip, create a customer management system. This means a database where you place all your customers information including birthdays, anniversaries, spouse’s name and number (for gifts), and any other information that you can use to personalize the experience for your customer. These types of small gestures will bring a lot of business over time and a loyal clientele base.

Tip#3 Hire a student. College and University students are looking for experience in their field. You can hire them for an hourly basis or per contract. For example, I had a business mentor that didn’t have time to punch in her receipts into her excel so she hired an accountant student to simply punch in her numbers. The student gets extra money and the business owner has more time to do what they love to do.

Tip#4 Do not go with a very elaborate website. Start with something small and simple then work your way up when your business grows.

Tip#5 Try a joint venture. During your travels as an entrepreneur you’ll find some great people in the same industry but are not your competition.(For example; a makeup artist and hairdresser) These two professions are not in competition but they do cater to same market. You can join together on marketing (IE one business gets one side of a postcard, and the other has the opposite. Together you can split the cost of printing and get your business out there twice as fast)

Tip#6 Know your competition. Do a SWOT analysis of your greatest competition. “S” stands for strengths. What does your competition do better than you? “W” stands for weakness. What does your competition lack? “O” stands for opportunity. How can you improve your business from your strengths and weaknesses? “T” stands for threats. Where can your competition really hurt your business?

Tip#7 Barter goods. When you make great connections with other businesses, you can sometimes barter for goods. This means providing a service for a service instead of using money. You may give a service of printing business cards to get your car detailed for instance. This is a win-win relationship.

Tip#8 Track your invoices, receipts, and bill payments. When you have a handle of your finances, you are able to see where you are making the most money and how. Keep a journal and calendar on when bills need to get paid and when invoices are being charged.

Tip #9 Conduct surveys regularly. The best way to improve your business is to find out directly from your customers. Give coupons or discounts to your customers for participating in the survey.

Tip #10 Give out useful information for free. Your brain is full of so much expertise. Create opportunities to showcase your talents. You can hold free webinars. Volunteer to speak at different engagements. Write articles for different newspapers.

These ten tips will increase your bottom line immediately and save you money. Not every business owner has thousands of dollars to hire an advertising agency. Become an expert in your own marketing.

For more information contact Jemi Echevarria, marketing campaign manager at

(647)785-5851 or jemiechevarria@gmail.com

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Written by Dwania Peele · Categorized: Jemi Echevarria · Tagged: advertising, barter, bill payments, Canadian Small Business Women, college, competition, connections, cut costs, entrepreneur, free, hire, increase sales, information, invoices, Jemi Echevarria, joint venture, marketing, pay bills, planning, receipts, retail store, save time, small business, start-up, student, surveys, SWOT analysis, university, volunteer, webinars, website

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