Networking has always proved to be beneficial in almost every situation related to business since decades. Dennis Waitley states that “If you are not networking that means you are not working”.
Networking can be defined as activities or process through which one can interact with others to exchange information and develop professional or social contacts (Goldberg, 2015).
As an entrepreneur networking is must not because it’s good to be familiar with various people but becomes crucial in finding the right people which can benefit your business. Apart from finding the right people suitable for your business, networking helps the business in various ways such as marketing through word of mouth, penetrating the market share, finding suppliers and even finding your customers in many cases.
More importantly, networking is not only about formally talking with different people at various networking events but is all about developing long term relationships with people who can mutually benefit each other. It can be linked with the relation we share with our friends we share and the main difference is that they are our business friends as they are related with our business interests and operations.
One of the thing which I really like about networking is that it provides with a opportunity to talk and listen to different people which allows you to learn various things about yourself and your business and ultimately develops our feedback process.
Networking has always played a vital role in my life and has also helped in tackling complex situations more smoothly.
It has also helped me in finding efficient business partner for my start-up idea which I will soon implement in the coming future. In addition, I have been benefited from various networking activities as it has helped me in developing relation with various people who can benefit my business in long tern.
Additionally, It has also provided me with crucial knowledge on various topics which I was not familiar before.
Various networking events and activities have proved to be beneficial at some extent and will continue to provide various useful inputs and outputs in the coming future as well.
- Goldberg, M. (2015). 5 Reasons Why You Should Network. [online] HuffPost. Available at: https://www.huffpost.com/entry/5-reasons-why-you-should-network_b_8065976 [Accessed 24 Apr. 2019].