1 00:00:37,371 --> 00:00:38,171 Hello. 2 00:00:38,221 --> 00:00:39,961 Welcome to another episode. 3 00:00:40,001 --> 00:00:40,361 How was your week? 4 00:00:40,921 --> 00:00:42,761 Hope you had a fabulous week. 5 00:00:43,391 --> 00:00:46,021 This week, I want to talk about 6 00:00:46,251 --> 00:00:49,101 networking and in particular, why 7 00:00:49,111 --> 00:00:51,411 networking events are a waste of time. 8 00:00:52,187 --> 00:00:53,657 Yeah, I know the queen of 9 00:00:53,657 --> 00:00:54,716 networking has said it. 10 00:00:56,397 --> 00:00:58,267 I think networking events 11 00:00:58,367 --> 00:00:59,807 are a waste of time. 12 00:01:00,547 --> 00:01:01,947 And I get that right now. 13 00:01:01,947 --> 00:01:04,047 You might be wondering how on earth am 14 00:01:04,047 --> 00:01:06,677 I meant to build my multimillion dollar 15 00:01:06,677 --> 00:01:08,657 network if I don't put myself out there? 16 00:01:08,977 --> 00:01:09,377 How on earth? 17 00:01:10,047 --> 00:01:10,897 Am I meant to do this if 18 00:01:10,897 --> 00:01:12,107 I don't meet new people? 19 00:01:12,127 --> 00:01:13,227 And if I don't attend 20 00:01:13,297 --> 00:01:14,407 these type of events? 21 00:01:14,457 --> 00:01:16,077 Janine, I get it. 22 00:01:16,457 --> 00:01:18,147 And really don't get me wrong. 23 00:01:18,147 --> 00:01:19,117 I still want you to 24 00:01:19,117 --> 00:01:20,297 put yourself out there. 25 00:01:20,637 --> 00:01:23,627 It just doesn't involve 30 second well 26 00:01:23,627 --> 00:01:25,677 rehearsed elevator pitches, and it 27 00:01:25,727 --> 00:01:28,767 does not involve plastic name tags. 28 00:01:29,617 --> 00:01:31,487 The main issue I have with 29 00:01:31,487 --> 00:01:33,417 networking events is that they 30 00:01:33,447 --> 00:01:36,492 push quantity Over quality. 31 00:01:36,982 --> 00:01:39,462 The idea is to walk away with as many 32 00:01:39,482 --> 00:01:41,002 business cards as possible, right? 33 00:01:41,122 --> 00:01:41,932 I get that. 34 00:01:41,932 --> 00:01:43,352 But how much do you 35 00:01:43,352 --> 00:01:44,732 really know about them? 36 00:01:45,272 --> 00:01:47,032 What are their interests? 37 00:01:47,032 --> 00:01:48,112 What are their hobbies? 38 00:01:48,122 --> 00:01:50,342 What, what's going on for them right now? 39 00:01:50,342 --> 00:01:51,932 Do you really know anything about 40 00:01:51,932 --> 00:01:53,782 their business ethic and whether 41 00:01:53,782 --> 00:01:55,742 that actually aligns with yours? 42 00:01:56,242 --> 00:01:57,172 Whether you'd like to actually 43 00:01:57,172 --> 00:01:58,072 work with them right now? 44 00:01:58,072 --> 00:01:58,622 Do you know? 45 00:01:59,172 --> 00:02:00,552 What help they actually need and 46 00:02:00,552 --> 00:02:02,402 what's really, really going on for 47 00:02:02,402 --> 00:02:06,242 them versus the Instagrammable facade 48 00:02:06,242 --> 00:02:08,872 that's created to share the, Hey, look 49 00:02:08,872 --> 00:02:10,812 at where I've been photo on socials. 50 00:02:11,532 --> 00:02:13,582 Now, I even remember hearing the 51 00:02:13,582 --> 00:02:16,122 most observed story while I was 52 00:02:16,142 --> 00:02:18,292 at an event where I was actually 53 00:02:18,322 --> 00:02:20,752 teaching networking at this event. 54 00:02:20,752 --> 00:02:21,056 So. 55 00:02:21,217 --> 00:02:22,767 And during this event, this woman 56 00:02:22,767 --> 00:02:24,637 approached me and after talking, she 57 00:02:24,637 --> 00:02:26,907 mentioned that to attend the session, 58 00:02:26,917 --> 00:02:29,517 her boss had said to her that to get 59 00:02:29,517 --> 00:02:31,777 the ROI on the session, she had to bring 60 00:02:31,787 --> 00:02:34,097 back 10 business cards the next day. 61 00:02:34,927 --> 00:02:36,467 It was like they were turning this 62 00:02:36,707 --> 00:02:38,917 connection event into something 63 00:02:38,917 --> 00:02:41,207 that was innately inhuman. 64 00:02:41,207 --> 00:02:42,027 Something that. 65 00:02:42,162 --> 00:02:44,422 Literally became another measurable KPI. 66 00:02:44,422 --> 00:02:45,842 And my response to her was, you know 67 00:02:45,842 --> 00:02:47,192 what, you know, those bowls over 68 00:02:47,192 --> 00:02:48,402 there, as you come through the door, 69 00:02:48,712 --> 00:02:50,022 the bowls where everyone's sticking 70 00:02:50,022 --> 00:02:52,042 that business card in to win the free 71 00:02:52,052 --> 00:02:53,492 prize draw at the end of the evening. 72 00:02:53,952 --> 00:02:55,422 I said to her, go there, put 73 00:02:55,558 --> 00:02:56,838 out the 10 business cards. 74 00:02:56,848 --> 00:02:57,588 There you go. 75 00:02:57,788 --> 00:02:59,735 the ROI has been done for your boss 76 00:02:59,735 --> 00:03:01,514 and you may even win the door prize. 77 00:03:02,084 --> 00:03:03,234 Tell you it's crazy. 78 00:03:03,404 --> 00:03:04,174 It's crazy. 79 00:03:04,504 --> 00:03:07,394 This concept of collecting the number 80 00:03:07,424 --> 00:03:08,994 of business cards and contacts that 81 00:03:09,004 --> 00:03:11,444 you can hopefully add to your LinkedIn 82 00:03:11,454 --> 00:03:14,074 profile or your chase list without 83 00:03:14,124 --> 00:03:16,274 even connecting properly with another 84 00:03:16,274 --> 00:03:17,905 person is totally absurd to me. 85 00:03:18,505 --> 00:03:20,705 Another example, I was at another 86 00:03:20,705 --> 00:03:22,795 speaking event and the MC decided 87 00:03:22,795 --> 00:03:24,905 to introduce me as the Queen 88 00:03:24,905 --> 00:03:26,435 of Networking and he went on 89 00:03:26,435 --> 00:03:28,995 to say, I know how you network. 90 00:03:29,015 --> 00:03:30,165 You've got two hands. 91 00:03:30,165 --> 00:03:31,715 You've got one hand for shaking 92 00:03:32,165 --> 00:03:33,945 and the other hand for handing 93 00:03:33,965 --> 00:03:35,165 out your business cards. 94 00:03:35,225 --> 00:03:35,785 I'm like, what? 95 00:03:36,855 --> 00:03:37,835 It's crazy. 96 00:03:38,660 --> 00:03:40,902 Now we do have to go to these events. 97 00:03:40,902 --> 00:03:41,412 I get it. 98 00:03:41,472 --> 00:03:43,382 It's all part of business building. 99 00:03:43,382 --> 00:03:44,512 It's, it's something that 100 00:03:44,522 --> 00:03:45,802 some of us have to do. 101 00:03:45,832 --> 00:03:46,986 but I want you to see them as 102 00:03:46,986 --> 00:03:48,596 that, like the majority of these 103 00:03:48,596 --> 00:03:50,486 large format networking events 104 00:03:50,976 --> 00:03:52,706 are simply a meet and greet. 105 00:03:52,746 --> 00:03:55,366 There's simply a transactional 106 00:03:55,376 --> 00:03:57,206 lead generation exercise. 107 00:03:58,286 --> 00:03:59,576 But if you're curious about 108 00:03:59,576 --> 00:04:01,516 networking in a more powerful way, 109 00:04:01,856 --> 00:04:03,776 this is why I encourage you to focus 110 00:04:03,796 --> 00:04:06,256 instead on creating a tight knit 111 00:04:06,276 --> 00:04:08,936 social circle that may not even 112 00:04:08,936 --> 00:04:10,946 have more than four people in it. 113 00:04:11,221 --> 00:04:12,961 this is how I've built my business. 114 00:04:13,551 --> 00:04:15,931 I've built my business by tapping 115 00:04:15,941 --> 00:04:19,071 into a tight, a high quality 116 00:04:19,071 --> 00:04:21,321 network that through the ripple 117 00:04:21,381 --> 00:04:24,061 effect of conversation, the 118 00:04:24,061 --> 00:04:25,621 connections actually happen. 119 00:04:26,028 --> 00:04:27,568 I very rarely go to large 120 00:04:27,648 --> 00:04:28,878 scale format events. 121 00:04:30,388 --> 00:04:31,948 So why is focusing on 122 00:04:31,948 --> 00:04:33,878 a small network great? 123 00:04:34,338 --> 00:04:35,698 One of the main advantages of 124 00:04:35,698 --> 00:04:37,188 having a small network is that it 125 00:04:37,208 --> 00:04:38,718 actually frees up more time for 126 00:04:38,718 --> 00:04:41,168 you, more time and more energy to 127 00:04:41,168 --> 00:04:43,098 invest in meaningful relationships. 128 00:04:43,698 --> 00:04:45,278 When we have a massive network 129 00:04:45,278 --> 00:04:47,428 of connections, the risk is that 130 00:04:47,518 --> 00:04:49,478 we might feel obliged to attend 131 00:04:49,478 --> 00:04:51,618 every single event, to go to every 132 00:04:51,618 --> 00:04:53,398 single meeting or social gathering 133 00:04:53,638 --> 00:04:55,248 to maintain those connections. 134 00:04:55,763 --> 00:04:58,153 Sometimes that hashtag FOMO may 135 00:04:58,153 --> 00:05:00,382 kick in the fear of missing out, but 136 00:05:00,382 --> 00:05:02,112 all of this can very quickly become 137 00:05:02,135 --> 00:05:04,642 time consuming and energy draining. 138 00:05:05,022 --> 00:05:06,032 Something that you might've heard 139 00:05:06,032 --> 00:05:07,212 me speak about before on this 140 00:05:07,252 --> 00:05:08,802 podcast, where I talk about stretch 141 00:05:08,812 --> 00:05:10,242 fatigue, that feeling of being 142 00:05:10,242 --> 00:05:11,792 pulled in multiple directions. 143 00:05:12,462 --> 00:05:14,762 The opposite though, of having a small 144 00:05:14,762 --> 00:05:16,572 network of people that we can actually 145 00:05:16,572 --> 00:05:19,095 focus on, where we can build deeper, 146 00:05:19,290 --> 00:05:21,550 more authentic relationships with those 147 00:05:21,560 --> 00:05:24,080 people that truly matter the most. 148 00:05:24,450 --> 00:05:26,120 That's where the opportunity exists. 149 00:05:26,120 --> 00:05:29,090 I say embrace the hashtag JOMA 150 00:05:29,091 --> 00:05:30,650 or the joy of missing out. 151 00:05:30,980 --> 00:05:32,840 On large scale format events, and 152 00:05:32,840 --> 00:05:36,420 instead build a tight network of 153 00:05:36,420 --> 00:05:38,670 small quality group of people. 154 00:05:39,014 --> 00:05:40,923 The other opportunity of this is 155 00:05:40,923 --> 00:05:42,723 that we can be really intentional. 156 00:05:43,063 --> 00:05:44,403 Building a small network 157 00:05:44,403 --> 00:05:46,193 enables us to be much more 158 00:05:46,193 --> 00:05:47,663 intentional in our relationships. 159 00:05:48,213 --> 00:05:49,783 When we have a vast network of 160 00:05:49,783 --> 00:05:52,463 connections, it can be a challenge 161 00:05:52,463 --> 00:05:54,913 to maintain meaningful connections 162 00:05:55,163 --> 00:05:56,483 with every single person. 163 00:05:56,870 --> 00:05:58,250 However, when we focus on 164 00:05:58,250 --> 00:06:00,080 building a small but powerful 165 00:06:00,090 --> 00:06:02,610 circle, we can invest more time. 166 00:06:02,900 --> 00:06:04,270 We can invest more energy into 167 00:06:04,300 --> 00:06:06,170 cultivating those relationships 168 00:06:06,450 --> 00:06:07,980 and as a result, create a more 169 00:06:08,000 --> 00:06:10,390 significant impact with the world. 170 00:06:11,100 --> 00:06:12,690 And finally, having a small 171 00:06:12,700 --> 00:06:15,120 network helps us to become more 172 00:06:15,130 --> 00:06:16,830 authentic and true to ourselves. 173 00:06:17,220 --> 00:06:18,750 When we've got a massive network of 174 00:06:18,750 --> 00:06:21,120 connections, we might feel the need 175 00:06:21,120 --> 00:06:22,620 to present ourselves in a certain 176 00:06:22,620 --> 00:06:24,680 way to fit in or to be accepted. 177 00:06:24,680 --> 00:06:26,210 However, when we build this 178 00:06:26,210 --> 00:06:28,380 small network, a powerful inner 179 00:06:28,380 --> 00:06:30,480 circle, we can be more authentic. 180 00:06:30,780 --> 00:06:32,370 We can be true to ourselves. 181 00:06:32,691 --> 00:06:35,081 But when you have a large network, 182 00:06:35,371 --> 00:06:37,976 you've got to, work harder at this. 183 00:06:38,496 --> 00:06:40,906 So here are my three quick tips. 184 00:06:41,081 --> 00:06:43,341 For consciously connecting so that 185 00:06:43,341 --> 00:06:45,191 you can build a network that is 186 00:06:45,191 --> 00:06:47,191 based on quality and not quantity. 187 00:06:47,581 --> 00:06:49,871 Number one, It starts with four people. 188 00:06:50,291 --> 00:06:51,611 You've heard me speak about this 189 00:06:51,611 --> 00:06:53,401 before and I'm reiterating it. 190 00:06:53,441 --> 00:06:54,991 It's something I reiterate time 191 00:06:54,991 --> 00:06:56,841 and time again, your quality 192 00:06:56,841 --> 00:06:58,551 network starts with four people. 193 00:06:58,951 --> 00:07:00,471 To create a network that is 194 00:07:00,471 --> 00:07:01,841 really going to help you grow. 195 00:07:01,841 --> 00:07:03,741 You need at least four 196 00:07:03,741 --> 00:07:05,081 people, not family. 197 00:07:05,441 --> 00:07:07,721 No significant other, but people that 198 00:07:07,721 --> 00:07:09,851 fill one of these four roles, four 199 00:07:09,871 --> 00:07:12,121 independent people, you need a teacher, 200 00:07:12,411 --> 00:07:14,141 that person who is stretching your 201 00:07:14,141 --> 00:07:16,151 thinking so you know more and that you 202 00:07:16,151 --> 00:07:18,121 can build your competitive advantage. 203 00:07:18,441 --> 00:07:20,811 You need the promoter, the person 204 00:07:20,811 --> 00:07:23,631 who encourages you to do more and 205 00:07:23,631 --> 00:07:25,181 pushes you towards your goals. 206 00:07:25,191 --> 00:07:26,271 They believe in you. 207 00:07:26,491 --> 00:07:27,381 They see more in you. 208 00:07:27,706 --> 00:07:29,616 Then you see in yourself, you need 209 00:07:29,621 --> 00:07:31,596 the pit crew, the person who is 210 00:07:31,596 --> 00:07:33,466 going to be there through thick and 211 00:07:33,476 --> 00:07:35,826 thin, who keeps you grounded and 212 00:07:35,826 --> 00:07:37,326 keeps you present in the moment. 213 00:07:37,891 --> 00:07:39,561 And you need the butt kicker, the 214 00:07:39,652 --> 00:07:40,511 person that's going to hold you 215 00:07:40,511 --> 00:07:43,051 accountable and keep you focused. 216 00:07:43,445 --> 00:07:44,765 The person that's going to make sure 217 00:07:45,065 --> 00:07:46,425 that you're doing the very thing, 218 00:07:46,425 --> 00:07:48,535 the right things that you need to do 219 00:07:48,535 --> 00:07:50,365 today to move forward into tomorrow. 220 00:07:50,785 --> 00:07:51,925 And if you don't have these four 221 00:07:51,925 --> 00:07:53,225 people in your network, that's 222 00:07:53,225 --> 00:07:54,605 exactly where you need to start. 223 00:07:55,440 --> 00:07:57,250 The second tip is with this 224 00:07:57,350 --> 00:07:59,860 smaller type network, embrace 225 00:07:59,870 --> 00:08:01,790 the "thank you for" concept. 226 00:08:02,070 --> 00:08:04,220 If you want to reach out to someone after 227 00:08:04,300 --> 00:08:06,880 being at an event or after reading a book 228 00:08:06,880 --> 00:08:09,440 or consuming a piece of content about 229 00:08:09,440 --> 00:08:11,750 them on social media, then send them 230 00:08:11,760 --> 00:08:15,170 the words, thank you for, and insert the 231 00:08:15,170 --> 00:08:17,000 very thing that you're thanking them for. 232 00:08:17,290 --> 00:08:18,510 These words, thank you 233 00:08:18,520 --> 00:08:19,950 for, are a game changer. 234 00:08:20,350 --> 00:08:21,280 Think about. 235 00:08:21,500 --> 00:08:23,200 Why you admire that person. 236 00:08:23,520 --> 00:08:25,740 Think about what impact they had on you. 237 00:08:26,020 --> 00:08:28,640 Think about what they shared that you 238 00:08:28,650 --> 00:08:30,800 loved or that resonated and share that 239 00:08:30,800 --> 00:08:32,550 with them in the form of a message. 240 00:08:32,590 --> 00:08:34,980 Thank you for, and I can guarantee that 241 00:08:34,980 --> 00:08:36,590 this genuine connection is going to make 242 00:08:36,670 --> 00:08:39,560 way more impact than a normal slew of 243 00:08:39,560 --> 00:08:41,540 messages that might land in their inbox. 244 00:08:42,230 --> 00:08:43,680 And the final thing is look 245 00:08:43,680 --> 00:08:45,110 for opportunities to Be the 246 00:08:45,110 --> 00:08:46,970 little fish in the big pond. 247 00:08:47,400 --> 00:08:50,150 So many times I see people hanging out 248 00:08:50,150 --> 00:08:52,230 with the same people all of the time. 249 00:08:52,230 --> 00:08:52,830 It's almost like they 250 00:08:52,890 --> 00:08:54,060 outstay their welcome. 251 00:08:54,400 --> 00:08:55,520 They get to this point where 252 00:08:55,520 --> 00:08:57,510 they're not learning anything new. 253 00:08:57,840 --> 00:08:58,600 There's a little bit of 254 00:08:58,600 --> 00:09:00,270 group think that kicks in. 255 00:09:00,580 --> 00:09:02,590 And essentially we're all keeping 256 00:09:02,590 --> 00:09:04,240 each other at that same level. 257 00:09:04,580 --> 00:09:07,510 That's not a space for growth, just 258 00:09:07,510 --> 00:09:10,130 like jobs and homes and clothes. 259 00:09:10,410 --> 00:09:12,690 Eventually we can outgrow our network. 260 00:09:12,690 --> 00:09:14,940 And while that might leave many of us. 261 00:09:15,015 --> 00:09:16,805 If you're feeling lost, it actually 262 00:09:16,825 --> 00:09:19,395 does provide the opportunity for us 263 00:09:19,415 --> 00:09:23,095 to reach out, to be brave, to put 264 00:09:23,125 --> 00:09:24,585 yourself in a place where you're the 265 00:09:24,585 --> 00:09:26,535 small fish again in a bigger sea. 266 00:09:27,125 --> 00:09:28,475 And whether you take this as an 267 00:09:28,475 --> 00:09:29,915 opportunity to invest in group 268 00:09:29,955 --> 00:09:32,255 mentorship or simply start showing 269 00:09:32,255 --> 00:09:33,935 up in places where you would 270 00:09:33,935 --> 00:09:35,995 like to be more often, look for 271 00:09:35,995 --> 00:09:37,985 those opportunities to be pushed. 272 00:09:38,325 --> 00:09:40,235 The people that you meet in that room 273 00:09:40,495 --> 00:09:42,515 are very likely to be the key players 274 00:09:42,515 --> 00:09:44,415 in the next Stage of your growth. 275 00:09:45,055 --> 00:09:47,445 So rest assured that keeping a 276 00:09:47,485 --> 00:09:50,044 close knit circle isn't hindering 277 00:09:50,044 --> 00:09:51,424 your business growth at all. 278 00:09:51,684 --> 00:09:52,764 It isn't stopping your 279 00:09:52,958 --> 00:09:54,051 opportunities at all. 280 00:09:54,381 --> 00:09:55,891 It's time to take an audit of 281 00:09:55,891 --> 00:09:57,781 your network, of your time and 282 00:09:57,791 --> 00:09:58,923 energy that you're putting in. 283 00:09:59,303 --> 00:10:01,383 See where the gaps are for connection 284 00:10:01,383 --> 00:10:03,383 and start consciously connecting 285 00:10:03,583 --> 00:10:06,093 with the people that you want In your 286 00:10:06,093 --> 00:10:08,223 life and to be part of your life as 287 00:10:08,223 --> 00:10:10,163 this next growth in your business. 288 00:10:10,663 --> 00:10:12,143 I'd love to hear what you found 289 00:10:12,163 --> 00:10:13,773 most useful in today's podcast. 290 00:10:14,503 --> 00:10:16,053 Share below, share this 291 00:10:16,083 --> 00:10:17,313 podcast with anyone that you 292 00:10:17,313 --> 00:10:18,523 think would find it useful. 293 00:10:18,523 --> 00:10:20,273 Love you to leave a review, send 294 00:10:20,273 --> 00:10:22,643 me any questions and have a truly 295 00:10:22,643 --> 00:10:24,863 awesome week until next week.