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The Bad
Sometimes the networking group is too new or the members are
not very active. New or un-established groups tend to not have
defined rules. Without a defined process, the group loses focus
and the members do not get a return on their investment. A one
hour weekly meeting should be just that – one hour and not two.
Your time is money. In addition, your reason for joining the
group is to interact and expand your contact base - groups with
largely non-participant members deprive you of the opportunity
to do just that.
Things to look for in a networking group
Rules and regulations
Groups have rules defining membership requirements, agenda, and
goals. Find a group whose goals and rules most closely match
your goals.
Cost
Costs can be as little as breakfast to as much as $500 per
meeting. Make sure you can get a return on your investment
before joining. Sometimes a “free” meeting is a good way to find
out if the network group is a good fit.
Organization and member profiles
Visit a meeting before signing up. Review for your self that
they are well organized, and the membership profiles are
complementary to your offerings. Remember, the key is “target
audience”.
Exclusivity
Look for groups that offer industry exclusivity. You don’t want
to fight for referrals with a competitor. At the same time, be
wary of groups that don’t allow you to be a member of other
groups. Group exclusivity is great when you are in a large and
really good group, but may prove to be limiting in most cases. |