Foundations of Networking: 3 Strategies for Building Successful Relationships

pexels-henri-mathieusaintlaurent-8349431

In the professional world, you often hear the phrase, “It’s not what you know, it’s who you know.” This isn’t just a truism; it’s a business fundamental. Networking, the art of building and maintaining relationships that can advance your personal and professional goals, can be the difference-maker in your career trajectory. Successful networking isn’t about exchanging business cards or selling yourself; it’s about forming genuine, mutually beneficial connections.

However, despite the recognition of its importance, many people fear or misunderstand networking. It’s not just an activity for salespeople and extroverts; it’s a foundational skill for all professionals. If you’re looking to strengthen your networking game, here are three strategies to help you build more successful relationships.

Foster Authentic Connections

The most effective networks are built on authenticity. Authentic networking doesn’t mean revealing your deepest secrets to your new business associates; rather, it’s about being genuine and considerate. When you meet someone new, strive to be present in the conversation and interested in them as a person.

To foster authentic connections, start by regularly attending industry events or even virtual meet-ups, where you can have meaningful one-on-one interactions. Listen more than you talk, ask open-ended questions, and truly try to understand the other person’s perspective, challenges, and goals.

When you maintain a sincere interest in others, you’ll build lasting connections that go beyond the surface level. These are the types of relationships that can yield unexpected opportunities and unwavering support over time.

Reciprocity and Giving Help

Networking is a two-way street. In fostering a culture of reciprocity, you must be willing to offer help and support without expecting a direct benefit in return. This can take various forms — from providing a referral, to sharing knowledge or resources, to simply offering an empathetic ear.

When you consistently operate from a place of wanting to help others, you’ll find that the network around you becomes more willing to reciprocate. By being generous with your time and expertise, you become a valuable and memorable part of others’ networks.

Remember, the goal is not to keep score or to help only with the expectation of a return favor. It is about being a contributing and supportive member of your professional community. If you can become known as a connector who brings value to others, you’ll naturally attract the same in return.

Consistent and Strategic Follow-Up

Building relationships isn’t just about making a good first impression; it’s also about maintaining and nurturing those connections over time. A key component of successful networking is to follow up consistently and strategically after your initial meeting.

This doesn’t mean sending the generic LinkedIn request; it involves personalized and thoughtful follow-ups that remind your contact of the specifics of your conversation and the value you can bring to their network. Consider sending a relevant article, inviting them for a coffee chat, or meeting again at a future event.

Strategic follow-up also means staying on your contacts’ radars without becoming a nuisance. This requires you to strike a balance between being remembered and overwhelming your new contacts. Keeping track of your interactions through a CRM tool or even a simple spreadsheet can help you manage and maintain these follow-ups effectively.

By remaining in regular contact, you ensure that your relationships don’t grow cold, and you position yourself at the forefront of your contacts’ minds when opportunities arise that match your skillset or needs.

Strategic networking is more about the quality of your relationships than the quantity. By engaging in authentic conversations, giving before you get, and following up meaningfully, you can build a robust network that propels your career forward and brings you a deep sense of professional fulfillment.

It’s important to remember that networking is an ongoing process. It takes time, effort, and commitment to nurture and grow your network. However, the dividends it can pay in terms of career advancement, personal growth, and professional satisfaction are immeasurable.

Lastly, don’t be discouraged by temporary setbacks or rejections. Not all connections will lead to immediate benefits, but each one holds the potential for future opportunities or learnings. With these strategies in mind, you’ll be well on your way to establishing a network that works for you, not just a network that you work.

Before you go …

Picture of Liam Ryan
Liam Ryan

Liam J Ryan is a Forbes-featured, 8-figure property business entrepreneur, best-selling author, mentor, host, and co-founder of Assets For Life.

More About Liam

You May Also Be Interested In...

Featured Property Investment Events & Courses

The Property Deal Packaging Summit

The Property Millionaire Bootcamp

The Serviced Accommodation Bootcamp

Candidate Success Stories

Bricks-Mortar-Book

Liam Ryan's
Best Selling Book

Claim Your Free Copy