What Network Will The World Cup Be On Benefits and Drawbacks of Business Networking

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Benefits and Drawbacks of Business Networking

Business networking has a world of positive benefits. However, with every positive comes at least a few negatives. So without further delay, let’s start with the positives/pros in business networking support:

The first point on the upper side is;

You are active in gathering business contacts and let yourself be seen. Many people complain that they just aren’t meeting enough of the right people to help guide their careers.

When you are actively involved in business networking, you are increasing your chances of meeting the right people. Additionally, if you are networking correctly by sharing referrals, introducing people, and following up with those you meet, the rewards will speak for themselves.

The second positive point is;

Your 1v1 skills will slowly develop into expert status. This is a benefit that isn’t talked about much, but through trial and error, building great relationships will seem easy. Consider the fact that when your 1 to 1 skills are sufficient, you will see a phenomenal increase in the positive results you get using all other communications, for example; phone, e-mail, etc.

Third, on the optimistic side is;

Once you are consistent, you will notice that your center of influence expands. If you are actively engaged in meeting, communicating and generally helping many individuals, you will be liked and respected. When these kinds of things happen, your center of influence increases and you will become respected by default.

4, on the high side is;

Networking regularly gives you the opportunity to talk a lot about your profession. You will have the opportunity to educate many people about what you do when you meet them. This situation makes you stand up and more knowledgeable about your profession.

The fifth benefit of business networking is;

You are greatly increasing your overall options. While networking for better business returns, you will meet a plethora of individuals who are not directly related to your goals. Meeting such individuals can benefit you in other ways such as; finding a good plumber that helps you get hired in a new company and any other specialist in a certain field. A personal referral usually has more merit.

And now for the alternatives or downsides/disadvantages of business networking:

#1. If you are an extreme example of a socially inhibited individual, going out and networking can be very traumatic for you. I’m not saying it’s something you can’t overcome, but it could very well turn out to be a less than positive experience.

#2. You may find some events that you may not like. This is an occupational hazard of business networking in which you attend business networking events with high expectations but are disappointed with the outcome. As with anything, that’s no excuse for giving up, but it happens.

#3. The people in your newfound network were as open as you could wish. It is very true that many people talk about a good game, but in the heat of the moment, when you need them most, they can let you down.

#4. An unruly, undesirable individual can enter your life through networks. I know this is an aspect that is not discussed very often, but I have to be honest. Sometimes you can attract individuals through your friendly networking activities, which can result in wasted energy if not detrimental to your career.

And #5. Networking doesn’t work for everyone. Yes, there are some individuals out there, rare as they may be, where networking and building relationships with different people just isn’t their cup of tea. A small minority of people will find that no matter how hard they try, they just won’t produce the desired results. This is sad but it is true.

So now you see the pros and cons on both sides. I personally believe that business networking is very important and can work for most people in a positive way. Now, you must be asking yourself, “Is it bad or good?” The answer is “Good” and “Bad”. Everything depends on the point of view of “you”, the reader.

Want to learn more tips about business networking? I just finished my new guide to professional networking success:

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