Showing posts with label 80% Rule of Networking. Show all posts
Showing posts with label 80% Rule of Networking. Show all posts

Making Networking Effective – Your Timing is Everything

Monday, 9 May 2011

Your timing of delivering your story makes all the difference of whether or not a meeting is successful or not.  A story or pitch is only effective once you’ve fully engaged the other person.

WHY THEY WANT TO BE THERE

“Interested, but need to be engaged” is what I call people who have agreed to network with you.  They agreed to network because of a mutual connection or desire to help, so they are interested.

You want them engaged from the start; therefore you must begin the meeting by showing them why they want to be there.  We all have self-interest and desire to be appreciated.  We also know when those two elements are fulfilled; we are far more likely to engage in whatever activity lies ahead of us.

While not scientific, the chart below will illustrate where to put your attention to get the most of a meeting.











Let’s slice up the meeting into four sections and

Initial Impression: It starts with simple professional courtesy, being on time, etc., but it continues with setting the stage by establishing why you wanted to meet, expected outcome and that you are looking to network with them.

Selling Phase: The initial impression you want to set is that there is a good meeting ahead, which gets their interest.  Now you want to stoke that interest, by beginning with them and using the 80% rule by offering help from your network via connections or information and understanding if there are other areas you can help.  During this time you do not focus on yourself at all.

Telling Phase: The connections and help you offer have opened the door for you to make a very simple pitch.  The pitch should be the 2-3 important messages that want your connection to remember after the meeting.   To make a message about a skill or experience memorable is to accompany it with an outcome or important lesson.  If someone would like to learn more about any of the 2-3 message, they will ask.

Remember to always watch your networking contact’s eyes and body language.  Take a tip from my experience, just because I thought a point was compelling it does not mean everyone does.  I’ve tried using a different way to explain my message.  At the first sign of a loss of interest, it’s time to move to the close.

Close: To send your contact with motivation to help, close the meeting with your follow-up actions.  Most people will respond with their own actions, if they do not, it’s not a cause for worry.  Once a meeting starts to finish most people begin to think about the rest of their day.

Changing your contact from ‘interested’ to ‘engaged’ will make the world of difference.

Hope this helps.

Mark



http://TwitJobs.net The Career Community

Should you ask for Informational Interviews?

Monday, 14 February 2011

A colleague on Linked recently posed a question to me on how to improve their response on requests for informational interviews.


My answer was to just ask them for a networking meeting and do not use the term “informational interview”. My experience in trying both paths is that the term “informational interview” has two perceptions/barriers that lower your chances of getting someone to agree to meet with you:

People do not like to say “No”: There is always an expectation of a job with anything called an interview. No matter how hard to tell yourself or the interviewer, there’s always the hope that the interviewer will end the meeting by pulling a job opening out of their desk drawer.

As an interviewer, you know there is no role and will likely need to say “We’re not hiring”, “You are an amazing candidate, but…” or “No” to the candidate who asks if there are any available positions. So why agree to meet with someone so you can disappoint them? It’s easier to just ignore the request.

Interview requires preparation: If there is no job, but you are doing an interview – it means like you have to act like there is one and be ready. If you think this person is important to meet, so do others. So why make them do work to meet with you.

A request to network has no implications or expectations. You simply state you are interested in the industry and want to get their insight. Be prepared with questions on how their firm operates and you will walk away with loads of insight. If a role does pop up, you’ve got an inside edge on how to tailor your resume and get ready.

With luck, you may get other connections in the firm – which is great as the more people you can tell your story, the higher your chances of getting connected to positions that come open. Ask any good sales person, they are always working multiple contacts at each firm.

My advice is to ask for a cup of coffee, not an informational interview.

For tips on how to ask for a meeting, see my post on “Sharing the Secret Sauce”.

Good luck today!

Mark Richards

www.candidateschair.com

Job Search from a Candidate's Perspective - Advice and tools for search organization and networking



http://TwitJobs.net The Career Community

7 Lessons To Better Networking With Social Media

Tuesday, 10 August 2010



Social media allows us to discover, connect, and engage with new people of interest. While most people are open to new connections and receiving messages from people they don’t know, there is a fine line between reaching out and “spamming.” The challenge is to make a connection clearly and effectively without wasting people’s time.
Many of us are on both sides of this relationship — sometimes making the connection, sometimes receiving the invitation. To help navigate these waters a little better, I’ve outlined seven key lessons for improving your social networking skills.

1. Find a Person’s Preferred Communication Channel


social media imageIf you want to contact someone you have never communicated with before, do some research. Find the person’s preferred communication channel. If they have a website, check out their contact page and see if they encourage people to contact them in a particular way, and follow their suggestion.
It also helps to discover what level of participation they have on various social networks (TwitterFacebookYouTube) to see which places may be best to engage them. When is the last time they posted on Twitter or Facebook? Do they respond to the @replies they receive on Twitter or comments on a Facebook page? Get a sense of their preferred means of communication, and make contact where they are.
Lesson: Go where they are.

2. Say Just Enough


This cannot be emphasized enough, and it is probably my toughest challenge. In the age of social media, we may be able to get the attention of more people, but we get it for a much shorter amount of time. One of the biggest mistakes I see people make, is that they send long e-mails or social media messages explaining all the reasons they want to connect. You are likely have not earned not earned the five minutes of the recipient’s time that it will take to read that message.
Brevity is built right into Twitter, making it a great platform for making a first connection. However, if you use other channels, keep it simple. If there are 700 words you eventually want to get across, include only 50 in the first contact. Let the person choose if he or she would like more. You can fill in the rest later. I prefer a less complete 50 words than 700 words that tell me more than I need to know.
Lesson: Less is more.

3. Don’t Expect a Response


inbox imageI often see e-mails with phrases like “Please respond,” or “please get back to me.” Unless it is an old friend or a colleague, if you are contacting someone new, you are not entitled to a response. If the person wants to get back to you, he or she will. It is much better to say “If this is not of interest, feel no need to get back to me.”
At times I hear people complain because they reached out to someone and never heard back. The fact is most people do not have the time to get back to everyone who contacts them to say, “not interested.” Open a door without adding pressure. There may be times to follow-up, of course, but don’t do so with resentment or frustration.
Lesson: Say what you need to and then let it go.

4. Clarify Early


This may seem like common sense, but don’t wait for the last line of your message to say that you want to meet for lunch, or ask your contact if he’d like to speak at an event. Put it right up front. If he cannot provide what you’re looking for, he’ll know sooner rather than later, and will appreciate you for it.
Lesson: Say it up front.

5. What You Want is Not the Point


open door imageYou may think that what you want is a phone call or lunch meeting to discuss your big idea. But communication is more than any one project or meeting. What you really want is an authentic connection.
In a very real way, it doesn’t necessarily matter if the person is interested in discussing your project idea. What matters is whether you are making a connection.
If you focus on the relationship more than the specific request, and the person has a pleasant experience reading your opening communication, it is likely the door will remain open for possible collaboration in the future, and the next e-mail you send will more likely be fruitful.
Lesson: No one knows what the future may hold, so make the moment count. Ensure the door stays open, even if no one is walking through it right now.

6. Be Open Without Needing


Needy never goes over well. Statements like “I really need to talk to you,” or “it is essential that we speak,” show your general insecurity. There is a huge difference between being open to collaboration and “needing” it.
Do not make contact until you find that place in yourself that is totally comfortable with any outcome, including a strong “no” or no response at all. Only then can you make authentic contact. When you do, openness rather than need will come through in your words.
Lesson: Speak from openness rather than need.

7. Give Space


tin can phone imageThe key questions people have when someone new reaches out to them, particularly those who are quite busy, are “Do I have time to bring this person into my network? How much time will they take?”
Therefore, it is generally not helpful to send too many e-mails. Doing this may send the signal that you are going to take a lot of the recipient’s time and send numerous e-mails every day, and communicating with you will take great effort.
Instead, give communication some space. Unless something is very timely, let a bit of time pass before sending a response. Let communication have some breathing room. Once there is some level of trust, you can experiment with more immediate information exchange.
Lesson: Focus on thoughtful instead of continual contact.

Soren Gordhamer  - Better Social Networking 

http://TwitJobs.net The Job Community

Never Justify "Just" Networking

Monday, 28 June 2010

Before my networking meetings, my wife usually asks me “Why are you meeting them?” You should be asking yourself that same question. In fact, you should have a three part answer.

ONE: How can you build a relationship with the person

TWO: How do they move you closer to a hiring manager or help you prep for an interview

THREE: What commitment(s) are you seeking from them (contact names, an introduction, advice, insight into a company, etc.)

If you don’t’ have a compelling answer, then seriously reconsider rescheduling the meeting until you can. My advice is to never justify networking for networking’s sake. Justify it because of what you can achieve from the meeting.

Why? Here are three reasons to reschedule if you are not ready.

ONE: The person did not agree to meet you, they agree to help you.

TWO: You are one of many people this person is meeting, so you only get one chance to impress

THREE: The best time ask for help is during the meeting, not in a follow-up e-mail.

In the midst of networking, especially after several months, it is easy to fall into a routine and treat each meeting the same. I can vouch for this with personal experience from both sides of the table.

So always remember to ask and answer “Why are you meeting them?” – it’s a great start to make sure you have a great meeting.

Good luck today!

Mark Richards

www.candidateschair.com – Tools and Advice from a Candidate’s viewpoint to help get past job search roadblocks and keep your spirit strong. Please take a visit.



http://TwitJobs.net Share ('DiggThis’)

#1 networking rule: Practicing the 80% rule

Monday, 31 August 2009

If you think someone is important with whom to network, then chances are you are not alone. Those people will be well sought after.

How do they decide with whom to share their networking contacts? Assume you are on par with the other candidates in being polite, prompt, etc. So what will set you apart?

Make the meeting a true networking meeting where both people feel they have gotten a benefit by practicing what I call the “80% Rule”. 80% of your networking should be figuring out what you can offer the other person.

My friend, Jeff Arnesen of Houlihan Lokey, one of the best networkers I’ve met, tipped me off : Give first, get second. With 8,000 contacts, Jeff can offer more than the average networker. He offers them when he feels the person with whom he meets is there to build a relationship.

This is how you should start the meeting and set the tone that you came to network, not just to get three or four more names with whom to network. Trust me, with 600+ networking meetings under my belt – you’ll get those names and then some.

If you take care of your networking contact – they will take care of you. Learn about their business, what is a target client, how do those clients make decisions, and what is a good networking contact for them. Then think about the people you’ve met or know – is there someone you can connect them.

See the Toolkit at www.candidateschair.com for ideas on 80% Rule on the types of connections you can make for different people you meet.

Good luck today!

Mark Richards

www.candidateschair.com
Job Search from a Candidate's Perspective - Advice and tools for search organization and networking




http://TwitJobs.co.uk - Jobs Fed Into Your Life

 
 
 
TwitJobs Blog Footer