How Networking with Like-Minded Entrepreneurs Can Help You Succeed

How Networking with Like-Minded Entrepreneurs Can Help You Succeed

Every business owner, or anyone wanting to improve himself and the quality of his life, knows that hard work and patience are an important part of the equation, but there’s one thing worth your attention equally – networking.

What’s Networking?

According to Wiki, that’s a socioeconomic business activity by which businesspeople and entrepreneurs meet to form business relationships and to recognize, create, or act upon business opportunities, share information and seek potential partners for ventures.”

Just like in life you can’t live well without working on your social skills, forming meaningful relationships with other human beings, and communicating on a daily basis with new people, so is networking a truly effective way to succeed as an entrepreneur.

It’s fun too. In the beginning, you should build some basic communication skills, beat social anxiety and just get yourself out there and be in public, approaching people.

Once you feel comfortable doing that though, it won’t feel awkward or unpleasant anymore, but you’ll be learning things from other people, will be presenting yourself and what you do, forming connections that might pay off in the future, becoming a bigger asset for your industry by getting to know more of the right people, and so on.

Networking is a valuable tool of your entrepreneurial toolkit, and without it, you can’t grow your business, build a good reputation or evolve as a person, and business owner.

Here are the exact ways in which it can boost your career:

The Benefits of Networking

  1. Expanding your horizons.

Meeting with like-minded people at events, joining mastermind groups and finding communities of people with similar goals will teach you a lot more than you can imagine.

What’s more, you’ll get to talk to individuals from other industries, and that information will be practical too. Don’t just stick to what and who you already know, constantly seek knowledge from all types of people and think of creative ways to implement it to your business.

  1. Countless opportunities.

You know that waiting in life will hardly ever lead to something productive or big. That’s why entrepreneurs are doers. They take risks, leave their comfort zone, try new things, fail, begin new projects, make and lose money, and build discipline.

But they invest a lot in networking too.

At any business event you attend, you have the chance to be introduced to a future employee, partner, investor, client, or else.

But you have to be the one going to such events, being confident in yourself, and actually approaching people and asking questions, handing in your business card, and thinking of ways to help them somehow.

  1. Staying motivated.

Environment is crucial for success. That’s why not optimizing it might be a mistake. If you’re surrounded by people with no goals, who have bad habits and find excuses not to take action, you’re much more likely to give up on your objectives too and stop seeing progress soon.

In addition, there might be people around you that will try to talk you out of your goals, be it unconsciously or with a good intention.

But imagine spending time with business gurus, founders of profitable companies and highly productive and smart individuals. Then, you can be sure you’ll stay on the right track.

By being supported by those who are doing the same with their life and business, being guided by those who are already on the top and by being motivated by their words of encouragement, you can conquer any field.

The people you spend time with daily affect your judgment and actions. But with such positive influence, you can only get ahead on a consistent basis.

  1. Getting noticed.

Your networking will begin with one event. There you might not talk or do much, but all big things start small.

What’s important is to do it again, and again. Soon, you’ll notice how others behave when meeting someone important, what topics are trending, how people react to what you have to share, and more.

All these facts will help you set some specific goals on how to improve your networking skills. But even if you just keep attending events in your field, you’ll be noticed.

Don’t be afraid to greet old acquaintances, to ask questions, discuss business ideas, get feedback (that’s priceless) or try to land clients.

You might be new to networking now, but give it a try a few times in order to see all the benefits it will bring to your life and business.

Get The Lifestyle Designer's Digest

Sharing my adventures in lifestyle design, building an online business, and growing this blog. Join me for weekly updates.

Previous ArticleNext Article

4 Tips for Newlyweds to Manage Their Finances Flawlessly

4 Tip for Newlyweds to Manage Their Finances Flawlessly

June is around the corner!

What does it remind you?

Isn’t it the smell of champagne and roses?

Yes! It’s again the time to rejoice the cheerful wedding bells. So, if you are planning to tie the knot soon, congratulations!

Howbeit, preparations for the wedding day might be making you worried over these months. Whether it is about picking up the wedding dress or booking a caterer for the wedding feast, your finance is moving upside down!

But, wait!

Don’t think that such monetary hotchpotch will come to an end after the wedding day. There’s still a long way to go! You and your partner are going to spend your entire life together. So, both of you have to practically start thinking about how to manage money.

No! I am definitely not scaring you! It is just that the approach in which you’ve been handling finance till now have to change now. After marriage, it’s not just you, it’s about you and your partner living together.

So, it is required for you to understand the basic know-hows effectively.

Read on to get an idea. 

1. A Serious Talk on Pecuniary Goals and Habits

You both are staying together, it’s essential to know each other’s financial point of views. Especially, you can remind your parents in such a situation. For example, how your parents used to manage money, when they used to pay the bills, what have been their successful financial decisions, and so on. It will let you both curate your financial life perfectly.

Also, you need to discuss your habits when it comes to managing money. Whether you are a saver or spender, how you usually decide on purchasing something, what your reaction will be if there is a sudden financial loss etc.

Once you are done with understanding each other’s habits, figure out a suitable way to manage money, and that’s it!

2. Stick to Your Budget.

When it’s about spending money, be cautious and stick to your plan. Let no any indulgence drive you towards unnecessary expenses. You and your partner both should cultivate this habit to save remarkably.

Moreover, you’ve to always look for smarter ways to save your hard-earned dollars. For example, learn how you should use things limitedly for household chores, how you can save on shopping etc.

One of the smartest ideas could be grabbing the lucrative discounts and coupons while purchasing everything, whether it is a small household stuff or any prominent furniture or jewellery. Additionally, there are a number of such exhilarating websites now which can let you always fetch the right discount at the right time!

Browse through the websites like Dealslands and many such others present around, you’ll definitely start believing in what I mentioned above. 

3. Numbers Are Important.

When it comes to managing finances together, you and your partner should share every related information. You should start with tallying up your asset and debts. Next, just subtract the debts from assets to determine your self-worth. Most importantly, don’t hesitate to inform your income to each other.

The conversation between you both should be open and honest. There should remain no scope for any hidden fact. The more transparently you will talk, the more perfect your financial plan will be.

4. How Do Your Budgetary Habits Differ from Your Partner’s?

It is very important for you to figure out the difference between how you and your partner think about money.

Try to find out the agreeable amount of saving for you both. You should understand what his/her priority is when it comes to paying off the debts or spending on quality things, what money saving traditions that he/she thinks are absolutely non-negotiable, and so on.

Once you have a clearer idea, an impeccable plan for managing your bucks will be ready! 

This is how you need to start planning your finances together to attain unparalleled results. Initially, it might be quite unnatural for you to understand the aforementioned facts. Well, it’s nothing wrong with that! You are new to this life.

However, don’t lag behind in following these tips in future. Thus, to manage finance as a family will not be tough at all!

About The Author

Arina is the marketing manager at DealsLands, coupons and discounts provider company. She is passionate about fashion, make-up, beauty treatment and lifestyle. In addition, Arina also supports non-profit agencies that provide healthcare solutions to handicapped and disabled people.

You and your partner need to discuss your habits when it comes to managing money. Once you are done with understanding each other's financial habits, you can figure out a suitable way to handle savings, expenses, budgeting, and more. Here are four great tips for newlyweds: #moneymanagement #newcouple #newlywed #moneytips