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Hi Again !

We're back for Part 4 of this blog series about the benefits of Considering Joining a Business Network Group.

The first parts covered how Network Groups can put "Dollars in your Pocket" (Part 1), help you become a "Better Public Speaker" (Part 2), and can "Provide a Source of Referrals for your Clientelle" (Part 3).


 

 

Have you started to see some of the additional benefits yet !

 

 



Well today we add another -

"Improved Goal Setting and Accomplishment"


If you have a Business Plan for your job, you know that the biggest challenge for most is staying on track with the goals and tasks you set in the plan.

You can have it all mapped out for the year on January 1st, but if you dont do the daily, weekly or monthly activities that you need to do, then on December 31st, you may not have achieved the goal that your Business Plan was shooting for.

Being a member of a Business Network Group helps you build that structured approach towards improving your business, because there is sequence of things you are expected to do to get the most out of the group - similar to the sequence of activities you are expected to do to accomplish your Business Plan.

  • 1) Attendence ! The biggest one for network groups ! If you belong to a chapter that meets weekly at 7am or 8am, and you only show up once a month because you cant get out of bed in time each week, then you are not preparing yourself well enough the night before to have enough rest to be able to get up when the alarm goes off at 6am !
    Also, to be remembered by the other members of the group so they can refer you business, you must be VISIBLE - namely, you must be in regular attendance. (Of course if you have an early business appointment that morning here and there, then thats no problem, but if you miss regular meetings because you are not disciplined enough to drag yourself out of bed at that time then you are not doing your part)

Now some groups meet in the evenings or at lunch, but still you need to make the dedication to be there regularly. This helps get you in the structured mentality to think ahead and dedicate to something to help your business.

  • 2) Do 'Once a Month Visits' to one other member's place of business, to learn more about their service, and in turn, a different member each month should also be visiting you at your place of business to learn more about your service. Over time, the majority of the group will have visited you and learned more about the value of your service, and likewise you've learned more about many others so you can reciprocate referrals by being informed about their service.

The more we learn - and are impressed by someone or something - the more likely we are to refer them business when the opportunity arises.

  • 3) Prepare and plan for your 10 minute speech when your turn comes around. Each week every member gets a 30 second 'elevator speech' to define their business, and in addition 2 selected members for that week speak for 10 mins each in front of the group. The schedule rotates, so every few months you get to expand on your weekly 30 second pitch and go more in depth about your service.

When you know you have a speech, you must prepare theweek (or night !) before so you can deliver an impactful speech and leave your audience more informed - and hopefully more impressed with what you do.

  • 4) Showboating, or showing your product promotional items. This also goes on a rotational schedule, but each week, 2 members get to bring in and display samples of their products, or promotional items like pens, calendars, pads, photos, before and after pics, press releases etc and display them on a table at the front of the room for people to see - kind of like a mini Expo Table !!!!

This gets you thinking about what items you could be using to further your business. You also get to see what others are using and maybe they can give you ideas for your own business.

 

These are all examples of goals and expectations set forth when joining groups like these.

Now the reason these are all helpful for your own personal Business Plan is because it motivates you to stick to the goals that are set forth for you by the group - the same way that you set forth your own goals in your business plan.

 

The difference is that in a Network Group, you have some people there to help motivate you and keep you accountable to reach these goals - whereas on your own Business Plans, many times YOU are your own accountability manager, and it is often much harder to stay on track when you know that no-one else is tracking your activities.

 

So to recap:

1) Dedicating to scheduling your weekly or monthly time to attend a Network Group gets you on that mentality that you should also schedule - and stick to - the items on your personal Business Plan, like "send out 50 postcards per week" or "Make 10 calls / day or 25 calls per week" or whatever the goal to call and check in on past clients for example. Schedule it, and stick to it.

2) Visiting other members monthly. Well this gets you in the habit of getting out in your community and visiting vendors, potential clients, or anyone who could potentially refer you business. Again, very easy to put aside as you sit in front of your computer, but if you KNOW it is whats needed to be successful in your business, it should be scheduled and done with no excuses.

3) Many of us need to prepare for listing presentations, or other presentations for potential clients. So this one is pretty straight forward. These groups get you in the habit of preparing and delivering your presentation so you are ready for it and confident when you are doing it in front of customers.

4) And this one was big for me, because I didnt have much promotional material before I joined my Network Group. But since I've been there, I have developed pamphlets, fliers, letter openers, pens, and other items, that have ALL been received well by the people I've sent them to, and just serve to keep your name (and face :o) in front of them - on their fridge, their desk or wherever.

 

So reason #4 for considering joining a Business Network Group is to
"Improve your Goal Setting and Accomplishment"

 


Series Posts To Date:

Part 1: Dollars In Your Pocket

Part 2: Become a Better Public Speaker

Part 3: Provide a Source of Referrals for your Clientelle

 

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 Sheldon Neal is a local Realtor® with RE/MAX, specializing in Homes For Sale in the Bergen County, NJ area.

 

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34 Comments on 7 Reasons to Join a Business Network Group - PART 4 ~ "Improved Goal Setting - and Accomplishment !"

AUG
20
2009
733,669 Points 231 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Sheldon... so true on what a networking group can do for you, besides new business. Part of what you wrote about, sounds like you are in Le Tip? I wasn't in a BNI group, so I am not familar with their operation. I do need to go back and read your whole series...

jeff belonger

7:38pm • #1
509,625 Points 70 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Hi Jeff ! - Thank you and yes it is LeTip that I am a part of - in fact I am the President of our chapter !

7:42pm • #2
460,544 Points 1 Featured Post Outside Blog Called Shot Master

Hi Sheldon, it would be a treat to hear you presiding over one of these meetings. :o)

8:16pm • #3
469,487 Points 3 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Sheldon..This is a very smart way to keep your name out there and get referrals..good series

HELPFULHANNAHtwitter@helpfulhannah

8:24pm • #4
422,653 Points 20 Featured Posts Localism Sponsor Called Shot Master

Well, Sheldon you continue to come up with these wonderful reasons!  I might have to go down to the City and see what groups they have there.... there aren't any up here :-)  Great job on this series! Thanks, Sheldon! I mean. Mr. President. LOL!

8:42pm • #5
1,480,039 Points 275 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

OK, Sheldon!  You've got me thinking.  I'm starting my list of people who I want in my little group.   Hmmm.

8:46pm • #6
509,625 Points 70 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Shirley ! Maybe I'll webcast one soon !!!!

Hannah - Gotta keep in front of my peeps !

Mary !!! lol - We dont have to be so formal - just "Pres" will be fine !! lolol !Thanks for following the series, I have 3 more to go !

Pat - the right people is key ! If you assemble them - it will be a huge hit !

9:10pm • #7
566,349 Points 79 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

HEY...I want to be in the group of people who  commented on this post! =) THX Sheldon!

9:16pm • #8
243,154 Points 25 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Sheldon,

So I'm having lunch with a business associate who is telling me how he just joined Rotary and I said, "I'd like to join," before I could consider what I was saying and all thanks to your series.  It should be exciting.

10:07pm • #9
232,189 Points 74 Featured Posts Outside Blog Called Shot Master

 hi Sheldon, re "If you belong to a chapter that meets weekly at 7am or 8am, and you only show up once a month because you cant get out of bed in time"...

 Gawd, I'm sooooooooo not a morning person but... can be bribed with industrial strength espresso and gourmet cookies. Not very business like but one of the very few reasons I'll get up early. Seriously, excellent series you have here, thx for adding it to the group!

10:13pm • #10
177,495 Points 6 Featured Posts Localism Sponsor Hit Router

Sheldon, I may have mentioned this before, but I really enjoy this series.  Your network group sounds very interesting and you have presented several compelling reasons to join. 

10:24pm • #11
123,820 Points 4 Featured Posts Localism Sponsor Outside Blog

7 AM?  That would be a 4 AM wake up call for me.... Perhaps a lunch group... Loving your series!

10:51pm • #12
AUG
21
2009
1,028,142 Points 27 Featured Posts Outside Blog Called Shot Master

My marketing guru has been with either Le Tip or BNI for about 2,000 years, I think. He can't say enough good things about both of them. Unfortunately, all the chapters here have Realtors, as well as a waiting list just in case a Realtor leaves a chapter.

12:33am • #13
335,636 Points 14 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

My goodness, I certainly hope people have a business plan. Do you think there are still people out there that don't have them? Its very important otherwise you have no real goals in mind.

Anyway, thanks for the tips.

12:38am • #14
108,507 Points 2 Featured Posts Outside Blog

Structured networking groups are a great way to network.  I also belong to a LeTip chapter.  These networking groups give opportunities to mentor and help one another succeed.

1:26am • #15
305,168 Points 7 Featured Posts Called Shot Master

Hi lil bro-You are doing splendidly on these series posts. Keep up the great work. Have a super weekend. :-)

7:23am • #16
566,991 Points 21 Featured Posts Attended Rain Camp Called Shot Master

Great series, Sheldon!  I originally thought you were in BNI, like me.  This post proved me wrong...we only have 1 ten minute speaker per week and our weekly speeches are 60 seconds.  I am not familiar with LeTip, but it seems to be pretty similar to BNI.

8:24am • #17
509,625 Points 70 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

janeAnne - Well thanks for joining us ! :o)

Fran ! You have made my day ! I hope you find it as rewarding as many do ! ...it does take some time and patience sometimes, but in the long run, there are so many great benefits of these groups that it's usually worth staying the course ! Good Luck !!!

Marti ! Thank you sir, and your group is the perfect fit for this, I thought I had added it to the first parts too, but I am going to make sure they are in it now ! Cheers Marti !

Erik ! Thanks and that was the goal of this series, so thank you :o)

Sherry ! Well you're looking pretty sassy in your new profile pic Ms Scales !!!! Glad you have checked out my little series ! Nice to see you :o)

Jim - Yes that is the problem for Realtors, they often have the Realtor spot filled and have that waiting list. But maybe you can start your own chapter - many Realtors do that :o)

JC - People still procrastinate brutha, and neveer get round to it ! Cheers !

Charles - Very well put, they can be a huge asset to your business :o)

Sharon L - Thank you :o)  you have a great weekend too !

Sharon T - Yes the two groups are very similar. We do 2 speakers because if you had 50 members and only 1 speaker / week, you would only speak once a year !!!!!  But yes, the structures are very similar :o) Hope you are enjoying the series ! Cheers !

8:58am • #18
134,520 Points 1 Featured Post Outside Blog Attended Rain Camp

Hi, good reminders, thank you for sharing I started referral networking last year and it will pay off, what I need to add to my agenda is visiting other chapters to expand my network. So I have a to do :-) Have a great weekend

10:12am • #19
509,625 Points 70 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Barbara ! - Definitely check out other chapters, and other vendors, suppliers and local businesses. If you learn more about them, they get to know you too, and its a whole big win win for all if dont right !!! Good luck to you Barbara !!!! Thanks for stopping by this way :o)

10:22am • #20
1,139,505 Points 76 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Sheldon:  So I can make more money, become a better speaker, have a network of professionals to meet additional client needs AND I can stay on target for my business plan.  What's not to love?

10:23am • #21
509,625 Points 70 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

.... by George I think ya got it Chris Ann !!!! LOLOLOL !!


In fact I KNOW you get it :o)

Cheers !

... and say Hi to Neil Cavuto for me ;o)

Sheldon !

10:25am • #22
317,970 Points 32 Featured Posts Outside Blog

Another Good Post in the series Sheldon.  I have started to go to Chamber meetings and mixers now.  Still have a goal of looking into the networking groups in September once school returns to session

12:07pm • #23
419,612 Points 71 Featured Posts Outside Blog Called Shot Master

I've never heard of Le Tip; I will have to check it out.  Some good advice here, my man.

Have a great weekend!

3:16pm • #24
AUG
22
2009
3 Featured Posts

If you are not yet involved in some networking groups - try your local chamber of commerce.  Get involved with some committees and you will find great people to start your own networking group.  Personally, I love the ones that meet early in the morning.  It's a great way to start the day.

2:39pm • #25
509,625 Points 70 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Nice Paddy Good luck they can be very rewarding !

J-Sard ! - Cheers mate - thanks for coming by !

Jane - I'm with you - I like the early meetings, I have my whole day ahead once they're done !!

3:07pm • #26
722,422 Points 47 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

The MOST treasured marketing material here in the south *from my personal experience, is sports schedules.  People call me up, stop by the office and ask ... "do you have the nascar or baseball or football schedule yet"  Not only am I on the frig for the season, I'm in demand next season too.

11:46pm • #27
AUG
23
2009
402,500 Points 4 Featured Posts Attended Rain Camp Called Shot Master

Sheldon - Well done my friend... I just wish I had the dedication you have to do the Le Tip thingy.... I just can't do 7:00 AM I know you're already up with your newborn so you are used to it....lol Great post for the challenge. We need to do lunch again sometime soon.. Be well..

3:11pm • #28
509,625 Points 70 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Tammy ...just sent out my NFL Schedules :o)

Hi Bob ! Thanks, but each of us has their 'thingy' that we subscribe to !!! lol... this one works for me, but others have different business plans that they dedicate to - to each their own ! ... and yes, lunch is on, hows Thurs or Friday ?

9:42pm • #29
AUG
24
2009
555,424 Points 31 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Sheldon - no wonder you chose this topic as your series!  You make a wonderful spoke person for your organization and you've done a great job with this series!  BRAVO!

3:27pm • #30
509,625 Points 70 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

LOL ! Can you tell I am very passionate about these groups !! lol Thanks Pam !!

3:42pm • #31
AUG
27
2009
193,448 Points 1 Featured Post Localism Sponsor Outside Blog

Great point Sheldon. Not to mention the friendships that happen as a result of such meetings

1:04am • #32
509,625 Points 70 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Yep ! I spend a lot of time with some of the peeps from my netwrok group outside of my meetings !

8:39am • #33
SEP
02
2009
164,063 Points 7 Featured Posts Localism Sponsor

I like how you added about being consistent with it.  Networking doesn't work anywhere if you don't go about it in a concerted, consistent manner.  Great one!  I loved this series, Sheldon!

~Renae

12:58pm • #34

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Sheldon Neal ~ That British Agent ~ Bergen County NJ

Maywood, NJ

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