We hope that you enjoy the eBook and ask that you make addictional recommendations on the checklist so we can all improve.
Years ago, when I was a police officer in Mississippi, I created a safety program for preschool children. I used two frog puppets named “What” and “To Do.” Imagine two frogs ribbit in the form of a “What,” then a “To Do” followed by fake French laughs. They told the kids to:
“say no, get away and tell someone.”
We taught that class to every child from preschool to fourth grade in Oktibbeha County, and I was very honored to have been part of that mission.
I still believe that it is important for people to know what to do in every situation. How can you succeed when you don’t know what success looks like? If you go to Kroger without a list, you end up with ice-cream and cookie dough. Try traveling out of the country without a plan. In order to be successful, step one of your plans would be to update your passport. The same goes for networking events.
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For three years I had the privilege of working with Tena Mayberry, former owner of Century II. She was one of the best business leaders that I ever worked with and taught me quite a lot. She impressed me so much that when I had to write a SWOT Analysis (strengths, weaknesses, opportunities, and threats) on a business leader, I selected her. I sent her a note afterward to share that with her, and her response was hysterical. Tena called me on my mobile and laughingly asked, “Why are you telling people my weaknesses?”
To Tena, a professional has three duties. The first is to do their very best for their employer, not just to do their job, but to lead. Second, be part of one or two business groups. When she says be part of, she means to take a leadership role, not just cut a check for membership. Lastly, and to her the most important, be part of one or two non-profit groups. Her view was that a professional has an obligation to help others in a leadership role.
I knew this but had never heard anyone lay the role out so clearly. A professional that only does their job is limited and one dimensional. If they only do their job in a business group, then they are selfish. Only when the professional understands that they must give back, contribute to their professional field, and achieve in the role are they truly a professional.
To continue with this thought, here are two reasons to network.
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The first reason is to project influence, and the best way to project influence is to be present. Your role at these events could be to represent your company, yourself or your brand. It is not to pass out business cards and try to sell everyone in the room. As a rule, business will happen here because people see into your heart and know who you are.
A few examples of events/groups:
Business events – chamber event, banquets, lunch-and-learns, etc.
Civic group events – Rotaries, Kiwanis, Jaycees and many more.
Non-profit events – American Heart Association, Second Harvest, Alzheimer's Association and many more.
The second reason is to grow your professional network and increase your business opportunities. Again, your role at these events could be to represent your company, yourself or your brand. It is still not to pass out business cards and try to sell everyone in the room, but it is understood that the purpose of the meeting is business growth.
This second reason is the purpose of our eBook, What To Do. When you are networking to grow your professional reach, remember there are three goals to every event that you attend:
1. Meet someone new
2. Hold a relevant conversation
3. Earn a follow-up meeting
While attending any networking event, you should have a plan of action in order to be successful. It is always a good idea to use the rule of “Be.”
· Be there
· Be prepared
· Be focused
· Be ready to work
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To help to know “What to Do,” (insert, French frog rabbits and laugh) I’ve prepared three checklists for you.
1. Preparing for the event
2. Things to do during the event
3. How best to follow-up, post-event
There is no way this could be a comprehensive list, and I would love your input. Let me know what other tips that should be included, and we’ll all benefit.
Thanks,
Thom
Chapter 1
What Does Success Look Like?
... or rather what does it not look like?
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Before you know what success looks like, here is a quick example of what it is not.
Last summer I attended a morning Chamber of Commerce business-networking event and noticed three professional mistakes that the attendees were making.
The first thing I noticed was that many people stayed within their own friend groups, walking into the event and visiting with the same people every time. They missed the entire point of a networking event. It is not a reunion, but an opportunity to meet new people to expand your professional network.
The second thing I noticed was that many people attended the event just to drink and eat. There are places that you can go to eat and drink called restaurants. That is their purpose; the purpose of a business-networking event is to work.
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The most critical mistake I noticed was that most people that did try to “network” had it confused with passing out and collecting business cards. They were running around handing out business cards so that the recipients could throw them away later. Why would they throw away the business card? Because there was no attempt to establish a connection.
Before you attend the business-networking event, there is some prep work that must be done. Similar to a sales call, a professional does not just show up without a plan. The goal is to meet new people, to increase your professional network and personal brand. It is not to sell at the event.
There are things that you can do to help yourself get ready and maximize your investment in time.
Success begins with a plan.
CHAPTER 2
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An Elevator Pitch is a short, well-crafted business pitch telling someone who you are and why they should have a follow-up meeting with you, at which time you can present yourself and your business. The name represents the amount of time you’d have with a decision maker if you were in an elevator together going from the bottom of the building to the top. An Elevator Pitch should be universal and could be used during a networking event, cocktail party, while shopping or even at sporting events. You must have a long version as well as a short version. Practice will allow you to deliver the pitch in a conversational manner so that it does not sound “sales-y” or canned. A properly worked, rehearsed and delivered Elevator Pitch is the key to that next meeting and your success.
What are the basic components?
Your Name
Your Company’s Name
Your Defining Statement (think of this as your personal tagline)
Why Should I Schedule a Follow-up Meeting with You?
HINTS: Make it personal; tell me how you can help me and why would I want to follow-up with you.
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Don’t |
Don’t assume people know anything about you |
Don’t run long on your pitch |
Don’t let the pitch sound too canned |
Don’t come across as a salesperson |
Don’t be anxious or timid |
Don’t use trade jargon |
Don’t share facts that can be researched |
Do |
Do treat everyone as a new prospect |
Do keep it short and to the point |
Do practice to the point that it is conversational |
Do come across as a problem solver |
Do be confident |
Do use language that everyone can understand |
Do share the environment and success |
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Remember that the goal of your elevator pitch is to earn a follow-up meeting. Once you have earned the follow-up meeting you can share your "WHY" story. They say you should get the "WHY" and they are correct, but you should also remember that WHY is an acronym.
W -will
H - help
Y - you
Therefore, when I share my "WHY" story the other professional should hear: Thom Coats will help you. If the other professional is not part of the story then why should they listen?
A few other key tips:
Speak with a future, not focused on the past.
Use word pictures to tell the story.
Attach a "high value" to the other professionals
CHAPTER 3
Before the Event
Your checklist of things to do before attending an networking event.
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Before you attend the business-networking event, there is some prep work that must be done. Like a sales call, do not just show up without any planning. Have a goal to meet new people to increase your professional network and personal brand -- not to sell. There are things that you can do to help yourself get ready and maximize your investment in time. Use this checklist to prepare before you attend the next networking event.
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Pro-Tip: LinkedIn Checklist
CHAPTER 4
Here are a few recommendations on what to do during a networking event.
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CHAPTER 5
What to do after an networking event.
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This cannot be a comprehensive list and as you develop your own “go-to” item, please share.
We are all in this together, so share your best networking tip. It may be the thing that helps someone make that big connnection!
CHAPTER 6
What is the evolution of a Connector?
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Before you become a Connector,it is important to understand the evolution of a Connector.
Most people believe that business networking is showing up at some event with a stack of business cards. These are the folks sitting at a table passing their cards around without ever knowing your name.
They make zero connection with you or your needs. It’s all about getting their name out to as many people they can.
I label this person a schmoozer.
If you want a visual of this activity, watch the YouTube video, Kids in the Hall – “Businessmen Networking.” Unfortunately, this is a very common misunderstanding of the sales profession.
Don’t become a schmoozer.
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Research, Plan, and Execute
A professional that understands the purpose of networking will do three things. Before every event, they will research the venue, attendees, and purpose of the event. A professional will have a plan and then execute that plan: when to arrive, who to speak to, where to stand, what to wear, etc. Next, they will execute, execute, and execute.
How does a Networker evolve into a Connector?
You must be a Networker in order to become Connector. While Networking is having a plan and following the plan of action; a Connector follows a set of rules:
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Connectors understand that by helping others achieve success, they never have to worry about their own success.
Thom Coats
Connecting is understanding the why behind the plan. I’ll explain these rules or traits in a future post. You can sum the traits of a Connector with the following statement.
Thom Coats
Learn more about C|SUITE and how we work together and grow.
C|SUITE
2019
csuitebiz.com
Thom is a business developer whose entrepreneurial instincts and clear vision have assisted in the growth of multiple companies.
Thom stands at the forefront of the solutions based technology industry with 25 plus years of New Business Development serving roles from sales, district manager to Vice President of Sales with corporations such as Century II, Paychex, and NFIB. He is responsible for building new business relationships in the eastern region of the US for mid to large organizations to help them leverage technology in improving their business processes. Thom’s passion is to help his client succeed by implementing solutions that work.
With an array of interests and affiliations, Thom stays connected to the community through investing time and energy on the Board of Directors and Executive Committee for the Murfreesboro Symphony Orchestra, founder of the UnStuck Business Academy, and active in the Walter Hill Church of Christ.
As a third generation entrepreneur, Thom has great insight in understanding what clients want and need. He and his wife have three sons and daughters-in-law. On Thom’s desk is the same Bible that sat in his father’s office and his grandfather’s before. This keeps him grounded in remembering who he is and where he came from.