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Best networking advice for startup business owners

When I was first asked to attend a networking event, the mere thought of it filled me with dread. The idea of walking into a room full of strangers and striking up conversations was daunting. However, over time, I realised that avoiding networking opportunities was holding me back. So, I decided to step out of my comfort zone and challenge myself by speaking to as many people as possible at every event I attended.

Published on 08 September 2024

This change in mindset transformed not only my approach to networking but also the trajectory of my career. By actively engaging with others, I discovered a wealth of knowledge, support, and opportunities that I had been missing out on. I learned that networking is not just about collecting business cards or adding LinkedIn connections; it's about building meaningful relationships that can help your business grow.

I want to share the strategies and tips that helped me turn networking from a dreaded task into a powerful tool for my startup. Whether you’re an introvert or just someone looking to improve your networking skills, I hope these insights will inspire you to embrace the opportunities that come from connecting with others.

Networking is not only good for your business – it’s good for your personal growth as well. Here’s how you can make the most of it.

  1. Be authentic and genuine

People can often tell when someone is only interested in what they can gain from a connection. Authenticity is key to building lasting relationships. Approach networking with the mindset of genuinely getting to know others and understanding their needs and interests. Be honest about your own goals and challenges. This openness nurtures trust and makes others more likely to want to help you.

  1. Identify your networking goals

Before leaping into networking events or online communities, identify what you want to achieve. Are you looking for potential clients, investors, mentors, or industry peers? Having clear goals can help you focus your efforts and make the most of your time. Tailor your approach based on these goals to ensure you're connecting with the right people who can help you achieve your objectives.

  1. Leverage social media

Platforms like LinkedIn, X, Facebook and even Instagram can help you connect with industry leaders, potential clients, and fellow entrepreneurs. Regularly update your profiles to reflect your current business endeavours and engage with your network by sharing relevant content, commenting on posts, and participating in discussions. This increases your visibility and positions you as a thought leader in your industry.

  1. Attend industry events and conferences

While online networking is valuable, face-to-face interactions often leave a more lasting impression. Attend industry conferences, seminars, workshops, and trade shows. These events provide an excellent opportunity to meet like-minded individuals, learn about the latest industry trends, and showcase your startup. When attending these events, don't be afraid to introduce yourself to speakers and fellow attendees. Prepare a brief pitch about your startup to share when the opportunity arises.

  1. Join professional organisations and communities

Professional organisations and communities related to your industry can be goldmines for networking. These groups often host events, webinars, and meetings that allow you to connect with peers and industry leaders. Membership can also provide access to resources, such as industry reports and best practices, which can be invaluable for your startup.

  1. Offer help and value first

A successful networking strategy involves a give-and-take approach. Rather than immediately seeking assistance, look for ways you can offer help and value to others. Whether it's sharing your expertise, making an introduction, or offering a useful resource, your willingness to help others can make you a valuable contact and build goodwill that will be reciprocated in the future.

  1. Follow up and maintain relationships

Making a connection is just the first step. It's a good idea to follow up and maintain these relationships over time. Send a thank-you note or message after meeting someone new, and periodically check in with your contacts. Share updates about your business, congratulate them on their successes, and offer to meet for coffee or a virtual chat to catch up. Consistent communication helps keep the relationship alive and ensures you're top of mind when opportunities arise.

  1. Utilise business cards and digital tools

Business cards may seem old-fashioned, but they are still a useful tool for face-to-face networking. Make sure your business card is professional, easy to read, and includes essential contact information. Additionally, digital tools like LinkedIn's QR code feature can help you connect with others instantly at events. Use these tools to make it easy for new contacts to remember you and follow up.

  1. Stay informed and engaged

Stay updated on industry news and trends by reading relevant publications, joining forums, and subscribing to newsletters. Being knowledgeable about your industry helps you engage in meaningful conversations and positions you as an informed professional. This can make you a more attractive contact for others in your network.

  1. Be patient and persistent

Networking is a long-term investment. Building meaningful relationships takes time, and the benefits may not be immediate. Be patient and persistent in your efforts. Regularly attend events, participate in discussions, and nurture your connections. Over time, your network will grow and become a valuable asset for your startup.

Final thoughts

When networking, authenticity, setting clear goals, leveraging social media, attending events, offering value, and maintaining relationships, helps build a strong network that supports and propels your business forward.

Remember, networking is not just about making contacts. It's about building a community of support that can help you navigate the entrepreneurial journey.