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.
- 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.
'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'
Scale Up Your Business – scaleup.vip/podcast
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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.