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©BNI 2016
Seems like a great idea, right? But it can take an enormous amount of time and effort. This
guide will give you the starting point for building a team of professional business people that
can pass referrals to each other. With perseverance, and the help of BNI, you too can enjoy
business growth through referrals.
For more information, email [email protected]
SO YOU WANT TO START A
NETWORKING GROUP!
©BNI 2016
1
SO YOU WANT TO
START A
NETWORKING
GROUP!
GETTING STARTED
THREE TYPES OF NETWORKING GROUPS
There are three main types of face-to-face networking groups and
each of them can be an important strategy for building your business
through Word-of-Mouth marketing. As with everything in life, you get
out what you put in. Your network needs to be wide as well as deep. If your networking efforts lack
diversity you can limit your success through referrals.
Service Organizations
Service organizations, such as Rotary International, are membership organizations that revolve around
service to the community or some other cause. These are an excellent way to grow your business
through referrals. With a lot of time and effort, in building relationships and getting to know people,
referrals will start to happen. Because the meetings are normally weekly, you can get to build
relationships more quickly than with Casual Contact Organizations (below), but as the focus is not aimed
at growing your business through referrals, it is something that happens because of the relationships, not
because of a focus on building businesses.
Casual Contact Organizations
A great example of a Casual Contact organization is your local Chamber of Commerce. I can highly
recommend joining a local Chamber to help you get exposure for your business. Chamber’s usually have
monthly mixers and other events where you can get to know your fellow members and referrals will
happen through chambers. Again, because the focus is not geared towards networking, but normally
towards community affairs, political issues and local business it can take a lot of work to generate
meaningful referrals. Remember, the only way to generate true quality referrals is to build relationships
You can get
everything in life
you want if you
will just help
enough other
people get what
they want.
ZIG
ZIGLAR
©BNI 2016
2
with people over time. Commit to helping on a committee, volunteer
as an ambassador and attend all the events, where possible.
Strong-Contact Networking Groups
The difference between the first two networking organizations and
strong-contact groups is normally the structure and purpose. Strong-
Contact networking groups are designed with one purpose in mind,
generating business by passing referrals. They usually meet on a
weekly basis and, unlike the other two organizations, only allow one
profession per seat (e.g. one plumber). When you have a referral for
plumber, you know exactly who to give the referral to. The structure
of the meeting is geared towards learning about each other’s
businesses so you can find qualified, quality referrals for each other.
WHY BNI?
BNI, the world’s largest business networking organization, was
founded by Dr. Ivan Misner in 1985 as a way for business people to
generate referrals in a structured professional environment. The
organization has thousands of chapters with over 210,000 members
worldwide and a system called BNI Connect that helps you connect
with those members. Since the organization’s inception, BNI
members have passed millions of referrals, generating billions of
dollars in business for the participants.
The primary purpose of the organization is to pass qualified business
referrals to its members. The philosophy of BNI can be summed up
in two simple words: Givers Gain®. If you give business to people, you will get business from them. BNI
only allows one person per profession to join a chapter. The program is designed to help business people
develop long-term relationships, thereby creating a basis for trust and inevitably, referrals. The mission
of BNI is to help members increase their business through a structured, positive and professional word-
of-mouth program that enables them to develop long-term meaningful relationships with quality business
professionals. *
*Networking Like A Pro, Ivan Misner, Ph.D.
98% of
businesses rely
on referrals to
gain new
business and
only 3% of
businesses have
a strategy for
referrals.
IVAN
MISNER
©BNI 2016
3
Core Values
The true foundation for success rests in an organization’s culture. Culture eats strategy for
breakfast. Culture AND Strategy is unbeatable. BNI’s core values helps to establish its culture and you
and your local BNI Director/s can create a strategy for a winning team.
It’s never too late to be thinking about your core values. Here below are BNI’s 7 core values and why
they are so important:
1. Givers Gain. This is the core philosophy of BNI. It’s incredible that so many people in BNI understand and practice this value. The idea of ‘what goes around comes around’ is intuitive and a key part of successful networking. Remember – it’s a standard to apply to yourself, rather than a sword by which to cut others.
2. Building Relationships. This was the foundation of BNI when it was first set up and is what BNI
is all about today. Networking is about building positive, strong relationships where you know, like and trust the people you are referring to.
3. Lifelong learning. The more we see members, leadership teams and director consultants
immersed in a culture of learning, the more successful the chapters are. More education and
learning leads to greater engagement and more successful networking.
4. Traditions + innovation. This value may at first seem counterintuitive but as the Apple example
proves, it is the secret to success for contemporary businesses. BNIs traditions lay the foundation
to what BNI is by showing where BNI came from. However, BNI will always be leading with
innovation to stay current. This means that new advancements in technology and thinking will be
absorbed into the process. Don’t lose touch with new changes in business and don’t be afraid to
try new things at BNI.
5. A positive and supportive attitude. Survey after survey has shown that this is the top criteria
that people look for in someone to network with. Life is too short to surround yourself with
negative, unhappy people. Instead, surround yourself with people who want you to succeed;
positive people who will uplift you.
6. Recognition. Recognition is something that BNI really believes in. BNI, Directors and members
want to recognize members who’ve done a good job and celebrate their achievements. This starts
at the chapter level. If members see something that deserves recognition, they let others know
including BNI Support so that they can help spread the word!
7. Accountability. This is such an important value in the contemporary business world. A
networking group without accountability is a coffee club. It’s like playing a game of football with
no rules. Accountability is a key value at every level of the BNI organization.
©BNI 2016
4
Structure
The agenda for a BNI meeting is the same wherever you are in the world. Though timings of individual
sections may vary depending on the size of the chapter, each chapter follows an agenda that is designed
to create a positive and professional meeting for creating business referrals. Each meeting has a 20-
point agenda, but for the purposes of this document, the main ones to know are:
1. Open networking
This part of the meeting is 15 minutes and gives members an opportunity to discuss possible
referrals, connections they are working on and share stories that help them know, like and trust
each other. Great BNI chapters set an Open Networking topic before members arrive to aim the
topic of conversation at generating business referrals and opportunities.
2. Weekly Presentation
Every week, each member gives a 30-45 second presentation (depending on the size of the
chapter), to educate the members on their business and ask for a specific referral. Knowing how
to give a great Weekly Presentation is part of the training and education BNI offers to its members.
The Member Success Program helps you create a Weekly Presentation that can generate
referrals for you on a regular basis.
3. Feature Presentation
One or two members, depending on the size of the chapter, will give a Feature Presentation
lasting 8 – 10 minutes. This allows the selected member/s that week to give more information
about their business and ask for more referrals. They are the focus of that week’s meeting.
4. I Have
The reason that every member is at the BNI meeting every week. Based on your weekly
presentations, and activities outside the meeting, if you educate your members well enough you
will begin to generate referrals. The better you know, like and trust your members, and they know,
like and trust you, the more likely you are to get those referrals during the I Have portion of the
meeting. In 2015, BNI Members worldwide passed $9.3 Billion in business to each other.
Support
Each BNI Region has Executive Directors with a team of Director Consultants that are trained to help you
with building your networking group. BNI doesn’t just give you the information and leave you to it. During
the chapter building process a Director Consultant will be with you at every meeting, explaining what BNI
is, how BNI works, and how your visitors can lock out their competition in your new referral group.
BNI has been building referral groups for over 30 years and that expertise and experience is available
when using BNI to build a networking group. Why reinvent the wheel when it’s been tried and tested for
over 30 years?
©BNI 2016
5
WAIT! THERE’S MORE!
Following your successful launch, a Director continues to visit the chapter every 4 to 6 weeks so they can
continually support and educate your chapter and members moving forward.
Other forms of support for your new chapter include a chapter webpage, the materials and systems to
record referrals and closed business, new member packs and information to educate and inform.
Leadership and Support Team training 2x per year for chapter members to ensure the best possible
member and visitor experience. Advanced referral and networking workshops to maximize your
experience and results in BNI.
And… an online social site called BNI Connect that has the potential to connect you with over 210,000
members worldwide with a member webpage profiling you, your business and your ideal referrals for the
world to see.
Code of Ethics
How many networking organizations do you know that have a code of ethics? Within BNI, we wanted to
make sure there was a benchmark for members to ensure quality, and accountability.
1. I will provide the quality of services at the price I have quoted.
2. I will be truthful with the members and their referrals.
3. I will build goodwill and trust among members and their referrals.
4. I will take responsibility for following up on the referrals I receive.
5. I will display a positive and supportive attitude.
6. I will live up to the ethical standards of my profession
(Professional standards outlined in a formal code of conduct for any profession supersede the above
standards.)
©BNI 2016
6
FINDING YOUR TEAM (THE STRATEGY)
Attitude, Attitude, Attitude
Do you have a go-getter attitude? Do you have the motivation and desire to succeed? Do you want to
help others succeed in business? Do you have a positive and supportive mindset? Do you want to grow
your business? What are your growth goals for the next five years? Are you willing to spend more time
networking to grow your business? Are you willing to attend a weekly meeting to train and educate 40+
business professionals about your business and your ideal referral? Are you connected with like-minded
business professionals?
These, and many others, are the traits of someone that can successfully build a BNI Chapter. A BNI
Director will normally sit down with you to review aspects of building a BNI Chapter to determine if it’s
something that’s right for you now.
It’s not Net-Sit or Net-Eat, it’s Network… it will take work, but the rewards can be great!
Top Professions in BNI
There are several professions that seem to gravitate towards BNI and remain in BNI long-term. They
realize the power of networking and understand that a team of referral partners is the key to their success.
Below we have listed the top 20 professions that can make ideal members in BNI:
Residential Realtor CPA
Financial Advisor Personal Lines Insurance
Residential Mortgages HVAC Contractors
Payroll Services Pest Control
Life Insurance Printing Services
Electrician Flooring Company
Cosmetics/Skin-Care Commercial Insurance
Estate Planning Attorney Title Agency
Security Systems Plumber
Roofer Restoration Cleaning
Do not let this list limit the people you want to invite. This is merely the starting point to building an
effective and professional referral base from which you can grow. In the early stages of building your
BNI Chapter these can be professions that you target initially to get the momentum going. The BNI
Director will have more detailed lists and worksheets that can help you get from 20 to 45 members in a
matter of weeks.
©BNI 2016
7
Current Referral Sources Worksheet
The easiest people to get to the first meeting your BNI Director will hold is to invite those professions and
people that you already give referrals to and receive referrals to from. Start by completing the form below
and make these people the first ones you contact.
People I Pass Referrals To People I Get Referrals From
Contact Spheres*
A Contact Sphere is a group of business professionals who have a symbiotic relationship. They are in
compatible, non-competitive professions. For example, a lawyer, CPA, financial planner, and a banker.
If you put those four people in a room for an hour they are going to do business together. Each of them
are working with clients that have similar needs but require differing services. Hence, they are working
that symbiotic relationship.
My favorite example of a Contact Sphere is the caterer, florist, photographer, and travel agent. I call this
the "wedding mafia"! If one gets a referral to a wedding - they all get a referral to the wedding. These
professions, more than most, have truly learned how to work their Contact Sphere.
TO GET THE MOST OUT OF YOUR CONTACT SPHERE:
1. Identify as many professions as possible that fit within your own company’s Contact Sphere. Look at what professions your industry tends to work with to get “repetitive” and “reciprocal” referrals. Create a list of these professions.
2. Identify specific individuals who could fit into your Contact Sphere by going to various networking groups, consulting your business card file, and database.
3. Invite these people to participate in networking groups with you so you can formalize your relationship and have a way to stay in regular contact. Maintaining the relationship is key. A good way to do that is to participate in groups that put you together on a regular basis.
4. Evaluate the professionals in your Contact Sphere that you are presently referring. If they are not reciprocating, you may have the wrong profession or, the wrong person. Fill the spot with someone that is willing to reciprocate.
*The World’s Best Known Marketing Secret, Ivan Misner, Ph.D.
©BNI 2016
8
WHAT NOW?
Location, Location, Location
The right location can make or break a networking group. Remember, you are trying to organize a
business meeting between like-minded professionals to pass referrals to each other. Avoid small rooms
with excessive noise, or disturbances.
In the early days, you can meet with prospective members at lunch, coffee or in someone's conference
room, but as the participation in your group grows you should look for a meeting room that will ultimately
hold 40-50 people. Many hotels, country clubs and events venues have space that will be more than
suitable. If you’re working with a BNI Director, they will be able to guide you on the best location.
Remember, it’s not net-sit or net-eat, it's Network.
Timeline
Building a referral group takes some time and effort and what better time to start than now. Reach out
to your local BNI Director as soon as possible to start the process.
When your working with a BNI Director, he or she will first sit down with you and others that are interested
to explain the process and systems BNI has developed from over 30 years of experience. After that,
regular meetings will be scheduled to invite your prospective candidates to and encourage them to be
part of your team. In the early stages, with less than 10, this will probably be monthly. Once you get
over 10, you will begin to meet weekly. The more people you invite, the more will attend and the quicker
your team will build.
I have seen the right people build professional referral teams in a few weeks and you should aim to do
the same. Try to get 30-40 people at the first Information meeting and you’ll be well on your way.
The more visitors at the Information Meetings, the quicker it will happen.
Contact Information
You can reach Steve at:
Alternatively, visit one of the websites at www.bniwesttexas.com or www.bnistx.com and complete the
form on the left side of the web page.
Steve can also be reached on his cell phone at 512.481.8685 but don't worry if he doesn't pick up. Just
leave a message and he will get back to you as quickly as possible.
©BNI 2016
9
About the Author
Like you, referral marketing expert and entrepreneur, Steve was told that Word of Mouth marketing was the most important thing you could do for your business. But, how do you develop that program? Through great customer service? By asking for referrals? Paying a referral fee? Or, is it something that should happen naturally with good business people? Referral Marketing is not taught in any of our schools or universities but 98% of businesses rely on referrals to gain new business and only 3% of businesses have a strategy for referrals. * With over two decades of training, coaching and building several businesses, his view is markedly different. Steve appreciates that all businesses, both small and large, don’t always have the time and knowledge to understand that referrals are not automatic. The system for generating referrals can be understood by anyone with the knowledge on how to do it, what to say, and when to say it. It's most definitely how we should be doing business. Steve's fusion of real-life stories and conversational techniques connect with his audience at an intense and individual level. His energetic and focused training style puts him in front of people from some of the largest companies in the country such as State Farm Insurance, Edward Jones Investments, Aflac, Rodan + Fields, and Mary Kay. Steve has served as a Director Consultant and Executive Director for the world's largest referral marketing organization for several years, helping professionals build teams of referral partners. His last business, prior to BNI, developed a referral base that contributed to over 40% of its revenue. At home, Steve enjoys reading, especially science fiction and thrillers, and spends an enormous amount of time trying to herd cats. You can connect with Steve in the following ways: Email: [email protected] LinkedIn: www.linkedin.com/in/referralnetworkcoach Facebook: www.facebook.com/ReferralNetworkCoach Twitter: www.twitter.com/ReferralsCoach
Good luck! I wish you all the success in building your very own networking group.
*Source, Ivan Misner, Ph.D.,
Ivan Misner is the founder of BNI and called the “Father of Modern Networking” by CNN