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Your Network Is Your Net Worth – with Sid Vaidya, Founder Of Switch Events

We often hear about the power of our network and the value it can bring, but how true really is this?

It doesn't matter which stage of your business journey you're at right now, your network can help you, whether you're in start-up phase, scale-up, or exit mode.

In this week's show, Nick talks to networking guru, and founder of Switch Events, Sid Vaidya, who explains the best ways to kick-start your business relationships, the importance of follow-up, why networking is a two-way street, and why your network really is your net worth in every stage of your business life.

KEY TAKEAWAYS

  • Building the right types of connections is fundamental to the type of person you wish to become. With this in mind, the power of networking has never been more important. Your network shapes and defines your outcome.
  • Networking is a skill-set that you must develop. A network is a conversation that provides value for each participant. It's not just about what you can get out of someone.
  • Fine tune your introduction and how you present yourself to someone. Tailor your opening elevator pitch to the event or meeting that you're attending. Make yourself as relevant as possible in the least amount of time.
  • Following up is a bespoke process. The most important thing is to secure the meeting. From then, we can ensure we're using a more preferred method of communication, but get that meeting set in stone and take it from there.

BEST MOMENTS

'I know how to build good communities and good connections. At the end of the day, that's what networking is'

'Show me your friends and I'll show you your future'

'Take it to the next level. Talk to them about what their story is. Understand what their passions are'

'Following up is your way to making sure that person remembers you'

VALUABLE RESOURCES

Scale Up Your Business – scaleup.vip/podcast

Join the free Scale Up Your Business community: scaleup.vip/community

Take the Six Peaks of Value Creation Scorecard, to measure your current business performance and show you where to focus to get to where you want to be: https://scaleup.vip/sixpeaks

Switch Events Facebook - https://www.facebook.com/switchevents1/

Network With Sid - https://www.networkwithsid.com

Sid Vaidya LInkedIn - https://www.linkedin.com/in/sidvee/

C3 Chat Show Podcast - https://podcasts.apple.com/us/podcast/c3-chat-show/id1476899388

ABOUT THE HOST

My name is Nick Bradley. I’m an entrepreneur, author, speaker and investor. My background is in growing and scaling VC and Private Equity backed businesses.

Having successfully built, bought and sold a number of companies, and removed myself from day-to-day operations, my focus now is on helping entrepreneurs get to where they want to be, in business and in life. As well as investing in growth businesses and backing turnarounds - with the ultimate aim of creating value from significant capital events.

I’m passionate about personal and professional development - showing up and being the best version of myself ... every day.

My bigger vision is to help bring entrepreneurial skills, experience and mindset to people in developing nations - so they can follow their dreams, live life more on their terms - utilising entrepreneurship as a global force for good.

CONTACT METHOD

Nick’s Facebook Page: https://scaleup.vip/FB  
Nick’s LinkedIn: https://scaleup.vip/LI  
Nick's Instagram: https://scaleup.vip/IG  
Scale Up Your Business website: https://scaleup.vip/suyb