Nurture Your Network
How much time do you spend nurturing the business connections you’ve made?
Chances are, you’re not spending enough.
As a freelance copywriter, I’ve learned that my business connections are some of the most valuable assets I have. My network is at least as important as my copywriting skills.
Daymond John, creator of FUBU clothing and one of the “Sharks” on the TV show Shark Tank says this: “I’ve learned, like with anything else, business is only as good as your connections and your resources.”
The inventors and entrepreneurs who appear on Shark Tank know this, which is why they’ll sometimes accept less favorable terms to get connected with the one Shark they believe will be most beneficial to the success of their product or company.
In the video clip below, Dave, the owner of Clean Bottle, gets two strong offers, one from Robert Herjavec and one from Mark Cuban.
Robert offers $60,000 for 5%, which is what Dave originally asked for. Mark offers $60,000 for 8%.
Based on the numbers alone, Robert’s offer is much more attractive. It is the offer I would have accepted. But ultimately, Dave accepted Mark’s offer because Mark is the owner of the Dallas Mavericks. Dave placed a high value on Mark’s network of connections in the sports world.
Remember: Business is not a solo enterprise. Many people contribute to the success of a business, not least of which are the people you know.
So nurture your network and treat it like the valuable asset it is.
-Ryan M. Healy
P.S. One of the ways I nurture my network is by staying in touch via mail.
This is why I use Send Out Cards. It makes staying in touch easy and affordable. I’ve been using it for 3+ years for both personal and business contacts.
I strongly encourage all service providers to use Send Out Cards to nurture and develop their business contacts. Click here to learn more about Send Out Cards.
