There are only two kinds of Networking—giving and taking. The latter just doesn't work!
Manish Gvalani, CFA
Leading an A-Team of Wealth Advisors and building an Unbreakable Future. I also publish a weekly newsletter covering longevity, investing, and human psychology.
There is a saying that keeps coming up when people discuss networking or socializing for opportunities or professional progress i.e. “Your network is your net worth.” – Porter Gale
It sounds like a loaded gem of wisdom but it's incomplete in its direction.
If these statements nudge you to step out of your comfort zone and attend seminars/events/launches to network with people, odds are high that the time spent will not generate much ROI. Let me elaborate -
All these are examples of going to social events with a sucker mentality i.e. "What's in it for me?" or "How can I benefit from this?" or "Who can I impress today with my background?"
These are agendas running in the background, and sometimes you may even be aware of it, but your personal bias steers you towards taking, towards self-interest, towards maximizing - and it's that tendency that makes the experience of many networking events come across as a drag on people.
What if you went with a giving mentality i.e. nothing in it for you !!! NOTHING. No self-interest, no maximizing opportunity, seeking no admiration of any kind.
But you will take the opportunity to learn something new, meet someone new, understand their backgrounds, explore a different industry and its workings, dive into a new world of which you have no idea, engage with someone, and learn about what drives and motivates them, etc.
Just imagine your curiosity taking the steering wheel and guiding you toward new terrains where everything is new and unexplored for your senses, and you are immersing yourself in it like a kid does in a candy store.
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The benefits could be multifold -
None of these causes any stress or anxiety, as you are not seeking anything for yourself. So no one has to fit in to your expectations. You are there just to give and there is no perfect way to give. It's the intent that counts and it's that intent that shows up in the free-flowing conversation too with people in these networking events.
Networking is an art. And when you get good at it, people enjoy your presence and your undivided attention, making them share with you stuff that could just be game-changing in ways you didn't imagine.
That's when your ROI is tenfold - when you were not even expecting anything from the exercise.
I will let Chris London sum it up - “Networking with integrity creates a greater willingness of all parties to be part of a human conduit to serve as energy and resource to one another. Sometimes you will give more than you receive, and sometimes you will get back more than you give. It’s not about keeping score.”