How to Network and Build Relationships in Order to Make More Money
The recipe for financial success has many ingredients. Hard work, focus, good daily habits, attention to detail. productivity, completing tasks on time. The list goes on and on. Some ingredients are more important than others. But there is one ingredient that all wealthy people put in their success recipe all the time and in abundance. Relationship building. Many call this networking. You say potatoe i say potato but understand this; you will never become financially successful in life if you do not adopt the "rich habits" relationship mindset of tending to all of your relationships like a farmer tends to his crops.
Relationships must be nurtured every day if you hope to be financially successful. You must treat relationships like gold. Relationships are the currency of the wealthy. Each strong relationship is like money in the bank. You must build credits and make deposits into this relationship bank account, just as you would in your financial bank account. The more deposits you make (the more you reach out to help or communicate with your relationships) the more your account grows and the greater the likelihood that one or more of your relationships will drop opportunity luck into your lap. Wealthy people foster and grow their relationships not just because it is the right thing to do as a thoughtful and caring human being. Wealthy people see the direct correlation between strong relationships and the opportunity luck these relationships birth in their lives. Relationships create opportunity luck, which creates wealth for those who are looking for it.
What Do Wealthy People Do Every Day To Nurture Their Relationships?
1. Hello Calls - Wealthy people call their contacts religiously at least once every other month just to say hello. They are not directly looking for anything from their contacts, but indirectly they are. The purpose of the hello call is to keep the relationship fresh, foster communication, find out how their contact and their contact's family are doing and see if there is anything you can do to help them in their business or personal life that relates to your particular skill set. Hello calls generate opportunities (opportunity luck) better than any other communication.
2. Birthday Calls - Wealthy people reach out to their contacts and their families on their birthdays. Although we call this the birthday call, it does not have to be a call, although calls are the most effective and personalized way to say happy birthday. They can be emails, text messages, a card (electronic or hard copy) or a gift. At a minimum, birthday calls keep you in contact with your relationship at least once a year. An interesting byproduct of the birthday call is the reciprocal birthday call. This is when your relationship reciprocates and calls you on your birthday. it takes a number of calls (a number of years) for this to occur, but it does occur frequently enough, thus, at a minimum, doubling your contact with your relationship to at least twice a year. The reciprocal birthday call is a sign that your relationship values your birthday calls enough that they feel compelled to step up the relationship by calling you on your birthday.
3. Newsletters - Wealthy people send newsletters, usually at least monthly, to their contacts. More often these newsletters are business-related and share specific information that is within the scope of your particular skill set. The newsletter may be a hard copy that is mailed out but the most cost-effective approach is to send an electronic newsletter to your contacts email address.
4. Life Event Call - Wealthy people do not let a good life event go by without some type of acknowledgment. An example would be the graduation of your contact's child from high school or college. Another example might be the birth of a child in your contact's family. Still another may be a religious celebration (confirmation, first holy communion, barmizvah or batmizvah). Lastly, the medical life event call in which your contact or your contact's family experiences some type of medical issue and you reach out to them to find out how they are doing.
5. Life Event Appearance - Wealthy people attend wakes, funerals, weddings, graduations, birthday parties, celebratory functions speaking engagements etc. of their contacts. This is a very valuable personal touch that goes a long way to enhancing the relationship.
6. Volunteer Assistance - Wealthy people help their contacts by volunteering their time for a contact's charitable organization, civic group, non-profit group etc. This is another way to help foster and grow the relationship by helping your contact with respect to any organization they are affiliated with and care very much about. This volunteer appearance technique takes your contact relationship to the next level by partnering with your contact with some organization they are affiliated with.
Relationships must be nurtured every day if you hope to be financially successful. You must treat relationships like gold. Relationships are the currency of the wealthy. Each strong relationship is like money in the bank. You must build credits and make deposits into this relationship bank account, just as you would in your financial bank account. The more deposits you make (the more you reach out to help or communicate with your relationships) the more your account grows and the greater the likelihood that one or more of your relationships will drop opportunity luck into your lap. Wealthy people foster and grow their relationships not just because it is the right thing to do as a thoughtful and caring human being. Wealthy people see the direct correlation between strong relationships and the opportunity luck these relationships birth in their lives. Relationships create opportunity luck, which creates wealth for those who are looking for it.
What Do Wealthy People Do Every Day To Nurture Their Relationships?
1. Hello Calls - Wealthy people call their contacts religiously at least once every other month just to say hello. They are not directly looking for anything from their contacts, but indirectly they are. The purpose of the hello call is to keep the relationship fresh, foster communication, find out how their contact and their contact's family are doing and see if there is anything you can do to help them in their business or personal life that relates to your particular skill set. Hello calls generate opportunities (opportunity luck) better than any other communication.
2. Birthday Calls - Wealthy people reach out to their contacts and their families on their birthdays. Although we call this the birthday call, it does not have to be a call, although calls are the most effective and personalized way to say happy birthday. They can be emails, text messages, a card (electronic or hard copy) or a gift. At a minimum, birthday calls keep you in contact with your relationship at least once a year. An interesting byproduct of the birthday call is the reciprocal birthday call. This is when your relationship reciprocates and calls you on your birthday. it takes a number of calls (a number of years) for this to occur, but it does occur frequently enough, thus, at a minimum, doubling your contact with your relationship to at least twice a year. The reciprocal birthday call is a sign that your relationship values your birthday calls enough that they feel compelled to step up the relationship by calling you on your birthday.
3. Newsletters - Wealthy people send newsletters, usually at least monthly, to their contacts. More often these newsletters are business-related and share specific information that is within the scope of your particular skill set. The newsletter may be a hard copy that is mailed out but the most cost-effective approach is to send an electronic newsletter to your contacts email address.
4. Life Event Call - Wealthy people do not let a good life event go by without some type of acknowledgment. An example would be the graduation of your contact's child from high school or college. Another example might be the birth of a child in your contact's family. Still another may be a religious celebration (confirmation, first holy communion, barmizvah or batmizvah). Lastly, the medical life event call in which your contact or your contact's family experiences some type of medical issue and you reach out to them to find out how they are doing.
5. Life Event Appearance - Wealthy people attend wakes, funerals, weddings, graduations, birthday parties, celebratory functions speaking engagements etc. of their contacts. This is a very valuable personal touch that goes a long way to enhancing the relationship.
6. Volunteer Assistance - Wealthy people help their contacts by volunteering their time for a contact's charitable organization, civic group, non-profit group etc. This is another way to help foster and grow the relationship by helping your contact with respect to any organization they are affiliated with and care very much about. This volunteer appearance technique takes your contact relationship to the next level by partnering with your contact with some organization they are affiliated with.


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