21 Embarrassing Errors
Presented To South Cheshire Business Club - January 2015
Member of a networking group & sad at its growth and success? If true, you’re probably wondering what went wrong for you!
21 Errors - that Could Be Stopping Your Networking Group From Achieving Its Full Potential. And How You Can Avoid Them!
2. !
That Could Be Stopping Your Networking
Group From Achieving Its Full Potential.
And How You Can Avoid Them!
www.conspicuous-cbm.com
3. Member of a networking group &
sad at its growth and success?
!
If true, you’re probably wondering
what went wrong for you!
www.conspicuous-cbm.com
4. What You Will See
www.conspicuous-cbm.com
• Introduction
• The 21 Errors
• Final Thoughts
5. Who Am I?
www.conspicuous-cbm.com
• Chartered Accountant
• Social Media Addict
• + outside interests...
• Corporate Stooge
• Referral Marketing Specialist
6. www.conspicuous-cbm.com
• Recognised social media person - Linked-in,Twitter, Slideshare,
Facebook....
• Regular posting on CCBM website & other original content to share.
• Linked-in guru - 35 published posts (nearly 2400+ followers / 2300+
connections)
• 100+ recommendations & hundreds of endorsements on LinkedIn
• Most successful RD in BforB history
• Well respected in Staffordshire & beyond community - helped
hundreds of new business / start-ups / established businesses
• Friend of other networking gurus
Who Am I?
7. Introduction
www.conspicuous-cbm.com
• There are many reasons why a networking group
does not grow and achieve its potential to refer
great business for the members
• We have collected the 21 most common
embarrassing errors that we see that stops a group’s
growth
• Study this presentation closely, and see if your group
is not meeting its potential through any of these
“errors”
• Think hard how you are going to avoid these errors
yourself in the future?
8. 3 Things We Won't Be
Talking About Today!
www.conspicuous-cbm.com
• The Venue!
• Your Personal Networking Skills!
• The Efficiency Of The Format Of The Meeting
9. • These are the 21 Errors Networking Groups Commit
• Study them hard
• See which ones you have tripped-up over in the past
• See which ones have cost you & your group business
• How are you going to avoid these errors in the future?
www.conspicuous-cbm.com
11. www.conspicuous-cbm.com
So are you joining us then ....
Over the table!
!
• Just not done, its both rude & unprofessional
• There should be no pressure on joining any group, it should be the right thing for the
person to do
EMBARRASSING ERROR 1
13. www.conspicuous-cbm.com
Passing referrals to guests!
!
• Getting referrals & leads is a privilege of membership of any group
• However Guests are a great source of referrals & business for the members to enjoy
• But guests must understand that before we can refer with confidence, the group
needs to understand what constitutes a good referral for them which takes time &
commitment.
EMBARRASSING ERROR 2
17. www.conspicuous-cbm.com
Not having a group goal or flag
to rally round!
!
• What separates your networking group from the others
• It can be a business generated goal, a charity you support or something in the local
community the group wants to contribute towards
• What ever the group chooses as their goal, all members must contribute towards it, and
this must be clear to everyone else who visits
• All groups are not the same, what makes this one special - can the members explain this
with confidence to guests.
EMBARRASSING ERROR 4
19. www.conspicuous-cbm.com
Not keeping track of business
generated & informing the
group on business generated!
!
• If the group does not track business generated & report back then you cannot prove
the system is working for everyone (key point for guests)
EMBARRASSING ERROR 5
21. www.conspicuous-cbm.com
No understanding of Club rules
- Fact everyone’s responsible
for the good & growth of group!
• It’s not just up to the Exec team to do all the work eg bring guests - its every
member’s role to participate actively in all aspects of the group to prove above all
that they are referable.
• This is always a team effort
• Make sure you are all focused on your responsibility for ensuring the Good & Growth
of the Group
EMBARRASSING ERROR 6
23. www.conspicuous-cbm.com
Accepting the wrong applicant!
!
• This is someone who will NOT put back into the group through contributions - a
taker not a giver
• It is an attitude thing
• If you think someone is a taker, don’t let them in, they wont make a good member of
any networking group.
EMBARRASSING ERROR 7
25. www.conspicuous-cbm.com
I'll give you this business if
you join!
!
• People must join a networking group on its merits & the merits of its marketing
system
• Trust to pass referrals & leads takes time, so you cant give business to someone you
don’t know just so they join.
EMBARRASSING ERROR 8
27. www.conspicuous-cbm.com
Inviting people to a
networking event!!
• Successful people are too busy to go to just another networking event.
• Most groups are not a networking event but a word-of-mouth marketing systems
that works in a particular way.
• A lot of networking works on the “law of recency”* where as a good system if
operated correctly will generate high levels of 3rd party referrals.
* Rob Brown
EMBARRASSING ERROR 9
29. www.conspicuous-cbm.com
Butting in, being too funny,
fidgeting & not listening when
someone is doing their 60
secs sound byte!
• For this to work for all the members, you need to give the meeting your full attention at
all times & especially the elevator pitches so you can refer with confidence
• And what does it say about you if you misbehave when others are speaking or presenting
- it will hardly encourage the other people present to refer you on to their trusted
contacts.
EMBARRASSING ERROR 10
31. www.conspicuous-cbm.com
No one assigned to look after
a specific Guest!
!
• Nothing speaks more to the quality & vibrancy of a group than the way guests are looked
after.
• Guests as we know are a great source of business and referrals
• Looking after a guest is about asking the right questions, show guests the “ropes”, and
taking a keen interest in them and their business.
• First impressions count so make sure you filter Guests to someone who can look after
them well
EMBARRASSING ERROR 11
33. www.conspicuous-cbm.com
All telling & selling and no
asking & listening!
!
•No one wants to be sold too, so take the time to listen to the people present,
especially the guests.
EMBARRASSING ERROR 12
35. www.conspicuous-cbm.com
Saying to a Guest!
- "oh we do that”!
!
• Guests can have business interests that cross over Members activities. However they are a great
source of referrals and contacts for the Members
• Making these sorts of statements puts guests off - its embarrassing. Have a 121 with them and see
if there might be areas of fruitful cooperation
• Successful referral marketers have a laser-like focus on their perfect referral prospects and referral
partners
• Confuse your message by eg “I'm also a distributor for” & people won’t know how to refer you
with confidence to their trusted contacts.
EMBARRASSING ERROR 13
37. www.conspicuous-cbm.com
Superficial networking with
Little or No follow-up!
!
• Common error - This shows up with little or no follow-up of guests or opportunities.
• Most people don’t know how to follow-up effectively - keeping in touch means you have a
>90% of bring there when the buying is done. Not keeping up means you only have a
probable <10% chance of succeeding.
• Follow-up early for the greatest results
• Great members have 121s, contribute and follow-up assiduously every opportunity in line
with their networking & referral marketing plans.
EMBARRASSING ERROR 14
39. www.conspicuous-cbm.com
Not contributing - "I'm too
busy!
!
• What you are saying that you are too important to be there at the meeting
• If you don’t contribute then don’t expect any referrals from the rest of the group.
• Networking is like a bank account, if you don’t get to make withdrawals unless you
make deposits via contributions.
EMBARRASSING ERROR 15
41. www.conspicuous-cbm.com
Giving apologies, excuses etc !
!
• You can’t refer or connect to an empty chair
• Absence soon signals your lack of competence & reliability to the rest of the group
and will stop your referrals
EMBARRASSING ERROR 16
43. www.conspicuous-cbm.com
Too many quick fix merchants
as Members..... It is about
longtime relationships!
!
• Networking is all about life-time value of long term relationships
• You can get lucky and get referrals early on, but long-term success in Networking
requires discipline, planning and hard work
EMBARRASSING ERROR 17
45. www.conspicuous-cbm.com
It's not what's said - it's all
about the behaviours!
!
• How you act at a meeting is an indication of how competent you are i.e. Character =
Competence
• Reputation is one of the key differentiators for people who are successful - make sure
yours is top class at all times
EMBARRASSING ERROR 18
47. www.conspicuous-cbm.com
I'm not a morning person!
!
• Makes people look weak when they say this
• Sends the wrong message
• Ensures you close out all business opportunities with the more dynamic individuals of
the group
EMBARRASSING ERROR 19
49. www.conspicuous-cbm.com
Quality guest from a local
influential company arrives &
everyone tries to sell to them!
• There is nothing more embarrassing to see
• Networking is about long-term relationships & asking the right questions - not the
pursuit of immediate short-term gain from your guests.
EMBARRASSING ERROR 20
52. Final Thoughts
www.conspicuous-cbm.com
• There are many reasons or embarrassing
errors that you're group might not be
reaching its full potential
• If you see one from this presentation then
act upon it immediately for the good go your
group
• If you have “embarrassing error” no 21 in
your group, then please share it with us vis
Linked-in.
53. What Do I Want?
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