3 Major Misconceptions About Networking

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Posted 20 September 2010 - 12:59pm by misner
Ivan R Misner

Once you overcome these misconceptions, there will be nothing to stop you building powerful network that provides continuous business and opportunities. Think about the most successful people you know. What do they have in common?

Probably this: They have built a network of contacts that provide support, information,
 
and business referrals. They have mastered the art and science of networking, and
 
business flows to them almost as a matter of course.
 
It has taken these successful networkers years of hard work and perseverance to
 
build their networks. It will take a similar commitment for you, too. However, many
 
people, before building networking prowess, need to overcome three major networking
 
misconceptions.
 
1. “How do I network if I’m not a naturally outgoing person?”
 
Go ahead and breathe a sigh of relief—because you don’t have to become Mr. Public
 
Speaker, Person About Town, to be a successful networker. Most business people, given
 
a little real-world experience, naturally develop a certain level of comfort in dealing
 
with customers, vendors, and others in their day-to-day transactions. Even people who
 
are not gregarious or outgoing can form meaningful relationships and communicate.
 
Over years of teaching people the art of networking, I’ve found many techniques that
 
can make the process a whole lot easier—especially for those who consider themselves
 
a bit introverted. For example, volunteering to be an ambassador or visitor host for a
 
local business networking event can be a great way to get involved without feeling out of
 
place.
 
Think about it. When you have guests at your house or office, what do you do? You
 
engage them, make them feel comfortable; perhaps you even offer them something to
 
drink. What you don’t do is stand by yourself in the corner thinking about how you hate
 
meeting new people.
 
By serving as a visitor host at your local chamber event, you effectively become the host
 
of the party. Try it! You’ll find it much easier to meet and talk to new people.
 
2. “Getting business by person-to-person referral sounds like something that used
 
to happen when my great-grandfather was selling horse-drawn buggies. Why
 
should I waste my time on a marketing method that’s generations out of date?”
 
Yes, networking has been around a long time. It used to be the way that most businesses
 
operated. In a small community, where everybody knows everybody, people do business
 
with the people they trust, and they recommend these businesses to their friends. Small-
 
town professionals naturally tend to refer business to each other, too—usually to those
 
who return the favor, but often simply on the basis of whose service will reflect best on
 
the referrer. If you’re a plumber and you refer a customer to a dentist you know, you
 
don’t want that customer complaining to you a week later about what a lousy dentist you
 
sent him to.
 
Today, most people do business on a larger scale, over a broader customer base and
 
geographic area. More people now live in cities, and in even a small city most people
 
are total strangers to one another. The personal connections of the old-style community,
 
and the trust that went with them, is mostly gone. That’s why a system for generating
 
referrals among a group of professionals who trust one another is so important these
 
days, and it is why referral networking is not only the way of the past but the wave of
 
the future. It’s a cost-effective strategy with a long-term payoff. It’s where business
 
marketing is going, and it’s where you need to go if you’re going to stay in the game.
 
As the great hockey player Wayne Gretzky said, “I don’t skate to where the puck is, but
 
where it’s going to be.”
 
3. “Networking is not a hard science.”
 
I once suggested to the business dean of a large university that the business curriculum
 
should include courses in networking. His response? “My professors would never teach
 
that material here. It’s all soft science.”
 
I should not have been surprised, because I’ve run into this attitude many times at
 
many business schools. But it shocked me to hear it at a progressive major university.
 
We give people bachelor’s degrees in marketing, business, and even entrepreneurship,
 
but we teach them hardly anything about the one subject that virtually every entrepreneur
 
says is critically important to his or her business—networking and social capital. Why
 
don’t business schools teach this subject? I think it’s because most are made up of
 
professors who’ve never owned a business. Almost everything they’ve learned about
 
running a business they’ve learned from books and consulting.
 
Can you imagine a law course taught by someone who’s not an attorney, or an
 
accounting course taught by anyone without direct accounting experience? Yet we put
 
business professors in colleges to teach marketing and entrepreneurship with little or
 
no firsthand experience in the field. Is it any wonder, then, that a subject so critically
 
important to business people would be so completely missed by business schools?
 
The science of networking is finally being codified and structured. Business schools
 
around the world need to wake up and start teaching this curriculum. Schools with vision,
 
foresight, and the ability to act swiftly (the way business professors say businesses should
 
act) will be positioning themselves as leaders in education by truly understanding and
 
responding to the needs of today’s businesses.
 
At the end of our conversation, I asked the dean, “How are courses on leadership any less
 
a soft science than networking?” He didn’t have an answer.
 
Update: The school has replaced this dean with a new one who believes that emotional
 
intelligence is an important thing to teach our college students. There may be hope yet!

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