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Women-centric Networking Organizations Part 2: Utilize Your Advantages and Resources

By
Services for Real Estate Pros with Inner Architect

This is the second in a series about Women-centric networking groups and organizations. The idea is that women are natural organizers, fantastic listeners, and very willing collaborators. I hope that you investigate the following list, give us feedback on what you have uncovered, and provide opinions on the best places for women AND men to network.

Networking Resources

1. Women Empower: "a web site for women, by women. A collaboration between woman of all levels of experience helping each other succeed, making friends, and helping the community

2. Business Networking International: BNI although I am not an advocate of this group, it has provided many people with solid leads and contacts and it is worth investigating under the right circumstances

3. American Marketing Association: AMA.org although this is for the marketing professional it is a great place for contacts and ideas on how to run a marketing campaign

4. Women In Small Business: a meeting that "connects women, resources, and strategies"

5. Women's Business Exchange: formed in 1979, this group helps women achieve business and personal growth through networking

Note

San Francisco Realtors Exchange aka SFRex.com is a once a month meeting of the commercial real estate community and affiliates. It is a dynamic meeting held at very eclectic locations in and around San Francisco's Financial District



Joanna Quan
Keller Williams Realty - Alamo, CA
Realtor, SRES, Notary

Hi Dean

I'd like to hear your thought about BNI.  Please feel free to message me in private.  I'm not a member, just interested in your perspective.

Jul 19, 2008 04:08 PM
Dean Guadagni
Inner Architect - San Rafael, CA

Hi Joanna!

My concerns with BNI are as follows:

1. Mix: If you join a group you must be concerned with the types of "businesses" represented. Many groups have coaches, florists, massage therapists, and other professions that may be less than advantageous to your niche

2. Referral Process: there seems to be a real pressure to give referrals and often this pressure leads to poor, unqualified or what I call junk referrals--not a referral at all

3. Power Partners- You have a power partner that is synergistic to your business ex Realtor and Loan Officer or Appraiser. If your power partners are week or if they have a favorite somebody who they give their referrals to and not you--you are not going to fair well in that group

dean

Jul 21, 2008 05:01 AM
Joanna Quan
Keller Williams Realty - Alamo, CA
Realtor, SRES, Notary

Hi Dean

Thank you for the input.  Those are actually the exact reasons I hesitate about joining BNI.  At the same time, I've attended meetings for a friend and I strongly believe in the concept and believe it can be completely lucrative if you fit in with the other members.  If you don't...then it won't. 

As far as weak power partners...I spoke to someone about that as well.  They said that it is just about business and just because you don't like the way a person does business doesn't mean that your referral would not. I don't completely agree with that because you are held accountable to the person you refer as well as the recipient of the referral because they are "trusting" you to lead them well.

Jul 21, 2008 05:16 AM
Dean Guadagni
Inner Architect - San Rafael, CA

Joanna, First let's quantify what BNI really is in my opinion. It should be named BRI aka Business Referrals International. This is not about networking. They do not teach networking skills. They do not promote other networking events or groups. They barely provide any time for networking in every meeting.

#1 Reason in my opinion this is not a networking group or organization? Only ONE professional from each business is allowed (or business niches within one big business) within each group. They set up a contentious atmosphere where people are NOT welcome if they impinge upon somebody else's "territory" aka profession. 1 Realtor, 1 florist, 1 massage therapist and so on

My experience was BNI is not for everyone. It is a good fit for many service providers house cleaners, mechanics, etc. It is a great place for many people but not great for one and all in my humble opinion:

1. Referrals (the ones that were actually good) went to the oldest most established members

2. The embarrassment factor of not having a referral to give when each meeting has their "Referral Giving" sections does not address

    a.) What is a Referral

    b.) How to qualify a referral

    c.) Do not give referrals without a "warm" call in first

3. BNI is a business, they make money and that is why they exist. I find their premise that they are there to serve their membership as inaccurate. If that were the case then each member would pay monthly fees that were in line with the number of good referrals they were given and the dollars those referrals produced

4. Cooked numbers--many members in my former group admitted to "cooking" or embellishing the actual dollar amounts their monthly referrals brought into their businesses. When asked why they for the most part felt "caught up" in the group feeling

5. NOT ENOUGH PRESENTATION time. There is no networking during the meetings! Everything has to be a dance card on your own time "date." I go to meetings for this very reason as my time is tight. BNI does not in my experience give enough networking time.

6. As for Power Partners your friend is absolutely dead wrong. Was this a BNI employee?

Rule #1 your personal and business reputation rides on everyone you refer out. If somebody does a poor job it reflects upon you

7. Nepotism- There is a weird nepotism in some groups where a power partner will not give up their main referal recepient no matter what you do for them.

8. Power Partner Does Not Fit: Example a friend was a Title Rep. His power partner was seller's Realtor-agent. That agent had NO control over ordering title insurance so he never got any of the agent's deals

I hope this helps out-

dean

Jul 21, 2008 06:08 AM
Joanna Quan
Keller Williams Realty - Alamo, CA
Realtor, SRES, Notary

Doug

Thank you for taking the time on your thoughtful comment.  I don't disagree with you and I'm not a member of the chapter that I have visited for many of the reasons that you listed. 

This post will be helpful to others who have thought about becoming BNI members as well.  Thanks.

Jul 21, 2008 09:02 AM
Anonymous
Anonymous

Joanna, I do not advocate membership in BNI BUT I do NOT discourage it either. Although it seems as if I am sitting on the fence it is very simple. Every person is different. What works for me may or may not work for another person.

I encourage everyone to investigate their local BNI chapter. One thing is for sure--I made friends while I was a member.

dean

Jul 21, 2008 09:25 AM
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