While networking events generally have a business angle to them, they really are no different than a singles mixer. Everyone in attendance is there looking to meet others to make connections and start some type of business relationship. The relationship starts at the event, there is a follow up “date” and if the business relationship progresses past the first meeting, the individuals can tell people that they met at that event. Obviously most networking events are not about finding the most attractive person or how many numbers you are going to get (for most people), but it is still about meeting and interacting with some great people that can help you find what you need for your business.
Like anything else that you do, first impressions will often make or break a meeting or conversation. And when being thrown into a room with 100+ other people to network, whether it be happy hour, speed dating or pitching format, that first thing you say will often determine whether or not the person you met will want to continue the conversation and if there will be a follow up email and meeting. Some people are just naturally comfortable walking over to others and Read more…
On any given night in New York City, there are 3 to 4 events that seem to be appropriate for me to attend. I can only imagine that for others, the number is either about the same, or even greater. Over the past few years, sites like Meetup and Eventbrite have made it easier than ever before for people to create events. Regardless of the content, the goal for most attendees is to network and meet others that share their interests. The challenge is, with the cost of the events and the time commitment to attend, how do you pick the right event to attend so that you meet the right people.
Advertising is always deceptive, especially when it comes to events. Organizers claim to have groups of 11,000 members or show a list of attendees, many of which they added themselves. While this gives you a feel for the community or event, it doesn’t tell you what you really need to know: how meaningful and relevant is to you. Just like each event has a specific purpose, you should be going in with a specific purpose and a goal to achieve it. These goals can be as broad as meeting the most people to meeting a specific person. They could be focused on hearing a particular speaker or trying to learn about an industry. Based on these goals, which may vary from event to event, you will be able to get an idea of which events you should attend.
I recently posted on Gplus asking people what they look for when searching for an event to attend. A few people commented that it is based upon who is going to be there and recommendations from friends. While I agree with these wholeheartedly, my question is more about how do you evaluate the attendees or recommendations since no two people have the same goals. Unfortunately, you often have to find out the hard way that an event isn’t for you. But even then, making the best of it can turn it into a productive night.
Three of the things I think are essential to picking an event to attend are:
Price – I am always wary of free events for two reasons. The first is that everyone signs up but not everyone attends so you never know who will actually be there. Secondly, it doesn’t create a filter where someone who shouldn’t be attending says that they aren’t going to pay to go since it’s the wrong events. A small Read more…
Networking is an essential function of any entrepreneur. It is one of the factors that make entrepreneurs not just people with ideas but part of a larger community that is always willing to help each other, make introductions and create partnerships. Investors realize this as well and are very active in the networking space either through attending events, participating by speaking or being on a panel at an event or even by sponsoring events. While networking events have evolved over the years, at the end of the day, most people are there to meet others and build their network.
As more and more groups pop up in a city via Meetup, LinkedIn, Facebook or their own websites, many of these organizers realize that they need to create events to bring their groups together so it is not just another social forum, but rather a real community. Over the last three years, we have seen an abundance of Read more…
One of the biggest challenges facing an entrepreneur, especially those first timers, is balancing their job that pays the bills with their desire to start a company or business. Unfortunately the reality is that starting a company costs money and bills need to be paid. This is why most people never actually get their idea beyond the idea stage. But for those who do, many need to continue in their nine to five job to support the development of their idea. The biggest question with this is not if you should do it, but how you can work both 9 to 5 and 5 to 9 and balance the two.
Starting a company is difficult. It requires a lot of research, dedication and hard work. Most people feel like they are married to their company, at least for the first few years. But when working at an office, it is very hard to keep that passion alive without causing any issues. Below are a few of the issues and suggestions for dealing with this.
Don’t bring your work to work – Most people have an initial reaction that they will bring the work from their startup to the other office and do it in their downtime. While this may be a great way to get work done and stay entertained, it is also a great way to get fired. Reality is that most startups don’t make it so Read more…
When starting a company, entrepreneurs are usually in cost savings mode, which generally means, trying to minimize how much debt they take on personally. Even with friends and family or seed money, the initial investment goes quickly with expenses such as developers, designers, legal costs and other miscellaneous expenses. So it is extremely important that the service providers you choose provide you maximum value for your dollar.
The biggest cost for a startup is often design and development of the website. There are three avenues that are available to entrepreneurs to a developer, a technical co-founder or hiring a developer full time or hiring an outsider service provider that does web development and design. In the first two cases, you are building your company and team and you can be sure you will get maximum value from those individuals. But when choosing or hiring an outside person to do you work, it is essential that there is a relationship other than “deliver and get paid.”
There are a few essentials entrepreneurs should consider in choosing a service provider including who referred them to you or their references, price, how they work with entrepreneurs and their value add.
References are essential. You want to know that the company or individual will do quality work but more importantly, that you can work with them. I have seen many entrepreneurs hire web designers oversees because they are cheaper only to spend more in the long run because the language barrier and way that the service provider works made the process much more difficult than it really is. I also know those that spent a lot of money and never launched their site because Read more…
I got a LinkedIn request to connect the other day from someone I have never heard of. It said I was his classmate when I went for my MBA, but I am pretty sure I never met this person before. Further confirming my suspicion was that I got a few Twitter mentions from the same person asking for my email address and for me to add them on LinkedIn so we can connect. I responded that I only connect with people I have some professional relationship with already and that they can send me an email introduction. This got me thinking about how people use social media to network and how people connect with others on social media sites. What is the value of a connection or friend? How can we measure followers and members of a circle?
After thinking about this for some time, I realized that every social media site serves its own unique purpose and they are used in different ways. While some people view it as a popularity contest and accept requests from anyone, using the sites properly will lead to increased value for you and those connected to you. Below is a listing of the sites as I see them and some guidelines to using them effectively.
1. Facebook. This site is a true social networking site for friends to share content and pictures and keep up with each others’ lives. Friend requests should only be sent to actual friends or people you have met a few times. Facebook friends do not mean you are really friends but rather want to share content. If you don’t Read more…
I was recently interviewed by Alexis Miller for the International Business Time Television series on entrepreneurship. See the interview below.
Whether your company is successful or not, it is exciting to tell people that you are a founder of a startup. The fact that you actually started something is more than most people can say and gives you some credibility as an entrepreneur. But the fun part comes when you need to make your business cards and you start “handing out” the titles that you will use. The titles of CEO, Chairman, Chief Revenue Officer, Chief Marketing Officer and other big name positions are always fun to give out. But what do they mean, especially when you are first building your product, and how can they affect the company in the long run.
One of the cool things about being a founder is that you will always be the founder. No one can ever take that away from you and it is a part of the company’s history. However, every other position is negotiable and very often, the founders find that they are not right for those jobs. This may not occur at the outset, but often that is because everyone wears multiple hats and works to get everything done together. In the early stages of a company, there is very little separation of Read more…
