Apr 22 in Business 💸
Your Net Worth is Your Network
Ever heard of the saying "your network is your net worth"?
This is absolutely true! The point of this phrase is that there is so much value in having a STRONG. network and if you surround yourself with high performers, you will also be a high performer.
It pays to know valuable people. If you're a business owner in the real estate sector, it's in your best interest to know architects, solicitors, mortgage brokers and other investors/developers/entrepreneurs as it makes for better business. If you need something within your business, the quality of help you will receive will increase when you have better relationships with them. Not only the, these people will bring you opportunities that you may be able to capitalise on, all because you've built a strong network within your industry.
Your close circle is what you become. If your closest 5 people all go to the gym, you'll be the sixth. If your closest 5 people smoke weed, you'll be the sixth. You adapt to your environment which is why a good network, especially your close circle, is important to nurture. Being around high performers, in whatever industry/community of your choice, will excel your performance as you start to mimic them.
A strong network is a powerful tool and is a crucial part of your development as a high aiming young person. How can you build up your network?
👉 Improve your appearance so you fit in with the circles you want to be involved in; this can be aesthetically (learn how to dress smart to mingle with business owners), communicatively (learn how to speak well and listen even better) or how informed you come across (know your shit so you can be involved with industry conversations). Don't forget to also do this online in your social media profiles.
👉 Connect with people on social media who are active in your preferred areas. Facebook and Instagram are the best, LinkedIn is a gem, and then ask to get added into WhatsApp groups too.
👉 Go to industry events - even better if they're specifically networking events - and make connections in person.
👉 Make a black book of all the valuable people you connect with and keep watering your relationships. It's important to remember who does what, not only if you need some of their value, but if you meet up again you can remind yourself about them and give a great impression.
👉 Provide value to people. If people see you as a valuable part of their network, easy peasy you can add them to yours. If you help people without expecting anything back, people will like you as a person.
Do you think having a network is important? Would you say your network is good right now?
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Your Net Worth is Your Network
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