The Power of a Network

The Power of a Network

Your network is your net worth.

Given time, a strong network leads to more wealth, more fun and more success.

Some people go online and ‘friend’ hundreds of people across several social networks. They look at them proudly and marvel at the size of their growing network. In truth though, they don’t have a network; it’s a very loose connection at best. 

A network is a group of people who share opportunities. you can pick up the phone to them, they happily take your call and they trust that you will have something valuable to say. If you think of your network in those terms, how many people do you have in your directory that fit the criteria? How many people do you regularly share opportunities with? If the number is low, you need to make this a major priority. You will never sustainably increase your wealth without first increasing your network.

As a Key Person of Influence, this will be much easier than you think. People love being able to take a call from a person who is clear about the game they are playing, who’s credible, valuable and renowned for something.

With these things in place, the quality of your network will develop at pace, but there’s even more that can be done to ramp things up. The best-way to rapidly grow your network is to become part of existing, trusted networks and then show up consistently with a view to being of service. 

Get in the habit of spotting great opportunities for others. Quite often I will see something in a blog and email it to a friend. Quite often I will connect two people who I know can do business together. Quite often I will share an idea with someone if I think it would be beneficial.

I don’t spot opportunities for friends because I am looking for an immediate reward. I do it because I believe that it strengthens my network. With a strong network around me, I feel safer to step into the unknown and take calculated risks in order to reach my goals.

One of the best ways to build a powerful network is to get involved with a community of like-minded people who are striving to achieve the same goals as you. Regular contact with a like-minded community will allow you to build relationships with people who can be powerful allies if the right opportunity arises.

Tiarne Shutt

Worimi | First Nations Finance | Artist | Writer @ ruffle feathers. newsletter

4 年

Absolutely agree. When I ventured out on my own and began my business, my network came through for me in ways I couldn't believe!?

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Ian Loots

Owner at P.I.Agencies - Innovative Solutions - Connecting the dots to fulfil your vision

5 年

So true Mike - "Get in the habit of spotting great opportunities for others", especially across different industries or markets, People tend not to see these because they're wrapped up in their own environment Seeing the wood and not the trees :-) there is so much more to a tree than just the wood, Sum of the parts is so much more valuable??

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Colin Arthur Hunt

EzyGrowth, EzyLeadership, EzyAccounts, EzyAcademy & EzyNDIS Founder??Entrepreneur??Franchisor??Mentor??Business Growth Coach??CFO??Virtual Manager\Controller??Accountant??Bookkeeping

5 年

Mike that’s great providing it includes people with constructive alternate opinions and ideas to help maintain a balanced view and stay positively grounded.

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Greg Smith

Collaborator on work that matters with people who care ?? Lead Generation Curator ?? Client Retention Specialist ?? Facilitator of 'human experience' journeys to help grow your biz ??

5 年

Great article Mike. It’s rewarding when you help make those connections for others or when it happens in reverse.

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Kylie Anderson

Helping High Driven Female Coaches Scale Online from £10k to £30k and beyond | Business Coach | NLP Master Practitioner

5 年

So true and a great article, love some of the ideas you share.? I'm a bit known for connecting people. Always thinking about who can connect, have similar synergies or might just get on.? Today I connected two awesome investors together, I know they are going to share a tale or two and then who knows from there.

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