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October 23, 2017 by admin

My Pinnacle Network fields a Movember team

Take a look at the calendar. One week from Wednesday begins Movember, an international fundraiser for men’s health issues. Team My Pinnacle Network will once again be looking to raise funds and awareness for men’s health issues such as prostate and testicular cancer, mental health and suicide. Right now, that team consists of yours truly, Joe D’Eramo. But like Italian dinner tables and donuts, there’s always room for more.

What’s involved? Simply go to this link and register. Part of the registration is to select a team. Ours is “My Pinnacle Network”. Once registered, it’s a matter of raising funds and growing a mustache. The latter begins on November 1. Shave your entire face and then commit to growing some kind of mustache during the month.

The fundraising can start as soon as you join. Movember has all sorts of tools to reach out to your network. My Pinnacle Network will help with that effort as well. We will provide updates on your progress via our social media pages and this enewsletter.

Who can join the team? Any My Pinnacle Network member, male or female. That’s right. Ladies can and do participate in Movember efforts. Mo Sistas get involved by:

  • Registering online and raising money
  • Organizing events
  • Making a donation
  • Supporting and showing love for the Mo
  • Purchasing Movember merchandise

So, if you would like to jump into this very worthwhile cause and be part of My Pinnacle Network Movember team, register here.

Whether you can grow a halfway decent mustache or not (I certainly can’t), it’s an extremely worthwhile cause and a great way to celebrate what’s come to be known as gratitude month. We hope you will join the My Pinnacle Network Movember team.

Filed Under: Coverage

October 3, 2017 by admin

Is your networking meeting on your calendar?

If you are in a networking group, is your networking meeting on your calendar? If so, for how many weeks/months in advance? A month? Two months? Or is it marked for the rest of the calendar year and beyond?

What can often happen when people join a networking group is that a certain complacency can set in. The meeting becomes part of your routine. While in some ways routine is good, in networking not so much. Particularly, if you are in a monthly group.

As a member of a group that meets monthly, that meeting should be more like an event. Most people don’t want to miss events. That’s why they mark events on their calendars, so they won’t miss them and won’t schedule anything at that particular time.

While it may seem like a small thing, marking your calendar with your networking meetings for several months in advance symbolically represents a commitment to that group. A commitment you’ve reinforced by putting it to paper or, in most cases, a calendar item on your handheld or computer.

Does that mean you make every meeting? Not necessarily. Life events still happen. Yet it’s probably safe to say the networker who books their networking meetings and events in their calendar well in adavnce will make it there more times than one who doesn’t. And in networking, being their is more than half the battle.

 

Filed Under: Blog

October 3, 2017 by admin

What’s the best referral you ever gave?

That’s a question we have asked at several My Pinnacle Network meetings this month. The response from one of the attendees at My Pinnacle – Plymouth caught yours truly off-guard:

“The best referral I ever gave was you,” said John Adams, of Adams Communications. “I introduced you to Steve Dubin*.”

Technically, it was more of a cold lead and one other person (Stephanie Gray) had recommended Steve as well. Still, there’s no way either John or Stephanie could have known the career/life-altering impact this referral might bring. They made the introduction because they were following the fundamentals of good networking:

1. Listen to what the other person does.
2. Think of who you know in your contact sphere who might be a good match.
3. Provide contact info and follow up.

Now, if you knew that every introduction/referral you made had the potential for a long-term working relationship and eventually a partnership, you’d go that extra mile every time you made an introduction, right? The point is you never know where a simple introduction might lead. But if you do it as a practice, as John and Stephanie did/do, good things can happen.

*Steve and I have now worked together for more than 10 years to build PR Works, a full-service public relations and advertising company. Additionally, we launched My Pinnacle Network approximately five years ago and have expanded the network to 11 locations. Yes, I’d have to say, that was a pretty good introduction.)

Filed Under: Blog

October 3, 2017 by admin

Listen: It’s not who you know, but what you hear

Think about the referrals you have passed. What was the genesis of that referral? More than likely, the referral involved your listening skills more than any other variable.

First, you probably heard a friend, colleague or peer talk about his or her business and what their needs are. If you were truly listening, that registered in your memory on a certain level.

Next, in your travels–be it at your place of business, networking group, coffee shop, etc.–you heard somebody express a need for a certain product or service. You interjected and said, “I know somebody who might be able to help you!” And that is how a lead/referral is born.

So, if you’re in a networking group and you’re wondering why you have not received a referral, perhaps you’re not asking the right question. Maybe you should be asking, why have I not passed a referral?

Clearly, there are exceptions to this rule, but when it comes to referrals you have to give to receive. And the only way you can give is to know what people want or need. That you can only do by listening.

Now, there’s probably not one of us who has paid attention to every single word every person has said at a networking meeting. We should, but we don’t. Fortunately, it’s an area where you can improve quite easily.

Make it a point to listen at your next networking meeting. Bring a notebook and be sure to write down at least one type of referral your fellow members are looking for as each gives his or her elevator pitch. You would be surprised how much registers in your memory when you put it in writing. From there, all you really have to do is go about your life and business and just listen–the opportunities are out there.

Filed Under: Blog

October 3, 2017 by admin

The secret killer of networking groups – resentment

Last week’s topic discussing the correlation between gratitude in elevator pitches and success in networking groups struck a real chord with readers. This week’s topic is essentially the opposite of gratitude: resentment. And it can be a death sentence to not only leads, but it can cast a cloud over an entire networking group.

If you have been in a networking group for any length of time and done your share of one-on-ones, you may have heard grumblings from fellow members about certain members not passing them business. These grumblings were probably louder if your fellow member had passed leads to the member they are complaining about. If you are in a situation where somebody is bashing a fellow member, it’s your job to get them off the “whine without the cheese”.

That’s not saying they might not have a beef. Yet complaining about somebody not passing referrals never solved the problem. If anything, it creates an animosity that casts a cloud over your group and makes others uncomfortable-and that diminishes the effectiveness of the group.

So, what do you do? Politely suggest to your fellow member to take a good look in the mirror and ask themselves a few questions:

  • Have I done a thorough one-on-one with this person (you’d be surprised how many people expect referrals without having sat down with said person)?
  • Did I present myself in a way that makes me easy to refer? Sometimes preparing a list of businesses you’re looking to be referred to and a list of how you can help them makes it much easier to pass a referral.
  • If it’s a scenario where you have passed your fellow networking group member a lead, did you take following steps:
    • Contact the lead to let them know somebody from your networking group would be reaching out to them?
    • Did you follow up with your fellow group member to see whether they connected with your referral and whether or not it was the right kind of referral?
    • Follow up with the referral.

If this exercise turns up nothing, suggest they set up another one-on-one (you can do as many of those as you need, there is no limit). This is an opportunity to be direct. An example of what to say might be:

“I was hoping we’d be good sources of leads and referrals for each other. Is there anything you can tell me about your business that might help me pass more referrals your way?”

Granted, this is not really addressing the problem. But once they answer that question, most people will reciprocate and ask how they can help you. That should lead to a discussion that will lead to an answer. Nine times out of 10, the reason one networking group member is not passing leads to another is about them and not the other member.

No matter what the reason for not passing leads, this exercise is really meant to stop the bad mouthing and resentment and get back to work on passing leads and referrals. That’s why when discussing people in your networking group with other members it’s best to follow the golden rule–if you can’t say something nice, don’t say anything at all.

Grumbling about what you’re not getting from other group members typically makes you look as bad as the person you’re complaining about. And the last thing you want is that frustration giving other members of your group a reason to hesitate in passing referrals to you, too.

Filed Under: Blog

October 3, 2017 by admin

Transforming a cold lead into a warm referral

So, you do a one-on-one with somebody from your networking group and he/she gives you a lead. Now what?

That depends largely on the information provided. As a practice, you want to try and get a phone number and an e-mail address. In fact, e-mail is often an easier ice-breaker to introduce yourself and the connection to person providing the lead.

Once you have the lead’s contact info, the follow-up process should start before you end your one-on-one meeting:

  • Confirm next steps – Will the person who gave you the lead reach out to that person? If so, by when. Offer to make the initial introduction to the lead via e-mail. Mention you met with John/Jane Doe from your networking group and they suggested we should connect. Be sure to cc John/Jane on the e-mail.
  • Let it breathe – Don’t expect an immediate response, particularly if the lead hasn’t heard from Jane/John about you. Give it two business days before taking the next step.
  • Call the lead – Again, reference John/Jane and how they thought it would be beneficial for the two of you to connect. Be sure to reference the e-mail you sent and that you are just following up. Hopefully, the discussion takes its course and you can set up a meeting.
  • Follow up with your networking member – Let Jane/John know if you connected with their lead. If more than a week goes by and you haven’t been able to connect, let them know that as well.

When somebody gives you a lead, there’s a responsibility of follow-up that falls on both of you. Otherwise, it’s a cold lead, which is just one notch above a cold call–and that goes against the grain of why we join networking groups.

Know that when you give or get a lead, it’s going to require effort on both parties to make it a warm referral and be prepared to do the follow-up to make that happen.

Filed Under: Blog

October 2, 2017 by admin

Advanced networking strategies

You’ve heard it said that every business has a marketing plan. Even if you don’t have a marketing plan written down, that’s a marketing plan—though probably not as effective as a thought-out and plotted strategy. The same can be said for your networking. In other words, write out a networking plan.

The vast majority of people in networking groups—some who even have the audacity to write about it in an e-newsletter—don’t have a written-out networking plan. You may think, “do I really need one?” It’s a valid point, especially if you have had some success generating leads off your networking efforts. But it’s not a bad thought if you are looking to be more efficient in your efforts and tracking.

What could that plan look like? Probably, whatever you want it to look like. As stated above, what you are doing now is a networking plan. So, start there with something like:

Networking groups:
· My Pinnacle Network – meets first Tuesday of the month

Networking events (minimum of one per month; possible candidates):
• Attend Chamber of Commerce after hours
• South Shore Networking Group
• 508 and 774 networking group

Post-Networking (to be completed within 3 days after meeting or event):
• Add new contacts to address book
• Send follow-up note to new contacts
• Thank event host
• Set up one-on-one with current member or guests of networking group

This is just one scenario. It can be different for every networker. You may want to set up tasks in Outlook with reminders to help you stick to your plan. You may want to create some sort of spreadsheet to track these efforts. It really depends on your personal preferences.

The beauty of this exercise is the focus it brings to your networking. You may think of things you want to add to your networking efforts and haven’t—adding your networking group members to your e-mail list or connecting on LinkedIn. The power of writing down a networking plan takes it from just what you do to actionable steps.

Filed Under: Blog

October 1, 2017 by admin

Tom Hanks and “Thank you”

If that sounds like a Jeopardy clue, it really could be. The question would be, “what gets people to open an e-newsletter?” As the art of e-newslettering has evolved, it’s placed a great importance on your subject line. It really must be like a headline for an ad or newspaper story. And while it’s not terribly creative, “thank you” generally gets the most opens. But “thank you” may have a challenger: Tom Hanks.

A recent meme we reposted on Facebook had an extraordinary response from our network and beyond. So much that we thought perhaps it could replace “thank you” as the most effective line. If you are reading this, you’re making this case.

When it comes to networking, the great Tom Hanks really can’t touch “thank you” for many reasons. First and foremost, Joe and the Volcano. But mostly because thank you is such a small gesture that means so much.

Yes, thank you is a show of gratitude and that’s also important. It’s also recognition of an effort made by somebody else. Regrettably, not as many people notice the things other people do. A thank you can go a long way towards deepening any relationship, but particularly a networking one.

Is there someone in your network that you should or could be thanking? Why not make that connection today? Sometimes those thank yous can turn into more—for no particular reason.

 

Filed Under: Blog

October 1, 2017 by admin

Do you like being sold?

To clarify, let’s say you’re at a networking event. You meet somebody. After you both tell each other a little about what it is you do, you then find yourself in the spin cycle of them telling you why you need their product or service.

So, do you like being sold?

Another example. It’s a day after the networking meeting you get a call from a guest you spoke to for a minute or two after the session. They want to set up an appointment to discuss your (fill in the blank) needs. Whether it’s a product you may or may not need, how do you feel on the call?

Again, do you like being sold?

For most, the answer is “probably not”. For the rest of us, the answer is “hell no!”

Networking works based on the principle that you prefer to do business with people you know beyond a cordial “hello”. Why? When you know somebody, you tend to share information about your business. Things like how your computers are running, whether you’re looking to hire or looking to relocate your business. And if you’re comfortable enough with a business acquaintance to share that information, then you are probably open to hearing the following response:

“I know somebody who does (fill in the blank), would you be open to meeting/talking to them.”

Then, it’s your choice about taking the next step and that’s a huge differentiator than the example at the beginning. Chances are, you will take that next step because you need that product or service and, most importantly, the person was referred by somebody you know and (within reason), trust.

That’s essentially why networking has a much higher percentage of translating to business than cold calling and trying to sell people you just met.

One of the things we emphasize at the beginning of a My Pinnacle Network meeting is that fellow members are not potential customers but your sales force. Your job as a member is to educate them about your business and your offerings. Essentially, you are preparing them for when one of their contacts says one of those key phrases-e.g. I wish I had a better (fill in the blank)-that they are ready to offer an introduction to you.

That’s not to say that My Pinnacle Network members don’t employ the services of other members. They do. But it’s almost always because that member has heard the elevator pitch, has done a one-on-one and thought, “that’s something I can use for my business”.

That’s not to say there’s no place for sales in networking. Far from it. But in a networking group, you really have to be sold on the member every bit as much as their product or service. And that’s the very distinct difference between selling and networking.

Filed Under: Coverage

October 1, 2017 by admin

Working your networking group for fun and profit

Networking isn’t rocket science. It’s common sense, common courtesy and bit of effort.

To get the most of any networking group, we suggest the following –

Show up early. Get there 15 minutes prior to start time. Show commitment and have a chance to connect with other early birds before the whirlwind of the meeting begins.

Tune in. Turn off your cell phone. Turn on your focus. Takes notes on how you can help others.

Your turn to speak – differentiate. Client stories are more memorable and compelling than a punch list of your services. Tell a recent client story that underscores what you do well.

“How you can help me” – See the “how you can help me” outline on our website. This should include key phrases to listen for, the specific niche and demographic of your best prospects, best referral sources for you, the best way to introduce you.

Be genuine. Don’t overstate your capabilities. Don’t overpromise next steps.

Be a connecter – Be the reference desk. Every connection has a ripple effect. Ripples lead to waves.

Keep your antenna up? Look for opportunities for others. Listen for “hot buttons” for your colleagues.

Recruit members to strengthen the group – Who could add more energy and introductions to the group? Who do you know that seems to be everywhere, knows everyone? Encourage them to check out the group.

One-on-One meetings – Try to meet with each member of the group to create a more personal link and to better understand their business. Prepare for this meeting. See if you can bring one introduction to the meeting. Make it a “Rolodex” meeting. Bring your smartphone, laptop or tablet with your personal database information – conversation may lead to an immediate introduction.

Follow up, follow through. Respond to introductions within 3 working days. Show a sense of urgency and sincere interest.

Keep in touch. Make sure all group members are on your E-newsletter list, Holiday list, business event/seminar list, etc.

Filed Under: Blog

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