5 Tips: Build Your Network, Build Your Income

The average email contact you have is worth $948 per year in your annual income, as pointed out in a Business Week article/IBM and MIT study in 2009.

Since I’d like to see you make more money, below are 5 things you can do on a regular basis to build your network and, thus, your income.

 1. Be A “Go-Giver” (Not A Go-Getter)

You need to attempt to give more than you receive to be a successful networker. A few of us call this being a “Go-Giver” (which was used in a book of the same name by Bob Burg).

BBDO Atmosphere executive (and good friend) Dave Bear put it this way: “People want to help people who want to help people. That’s your multiplier. 

2. Try Networking One-To-Many (As Opposed to Just One-To-One)

One-to-one communication is excellent – both sides feel the love. However, you can get more bang for your networking buck if you put yourself in the position of communicating one-to-many.

One example would be to throw a party. You can then email the dozens of folks you’d like to see.  Assuming it’s a good shindig, those who attend it will place higher value on you. Even folks who can’t make the party will feel appreciative. A bigger one-to-many example would be if you put on a conference or seminar for hundreds or thousands – you think Tony Robbins has a big network!?

 3. Let People Know You’re Thinking Of Them 

People love to be thought of…it’s human nature…we all want to be popular. As I point out in 7 Tips I Use Every Day To Be A Better Networker, here are 7 ways to let people know you’re thinking of them:

  • Recommend a partner, customer or hire for them
  • Recommend something they can buy
  • Congratulate them on a career change
  • Put important dates about them on your calendar
  • Mention you ran into a mutual contact
  • Tell people you are about to attend an event
  • Congratulate them on press they receive

4. Habitualize The Networking Process

Networking comes naturally to me, but I still work really hard to make it effective. In particular, here are a few ways I make networking a habit: I do much of my networking while I’m going through my email (twice a day).

If I see an article in my inbox that might interest a contact of mine, I quickly forward it to them.

DocStoc CEO Jason Nazar told me that he carves out 2 hours per week to reach out to new people.

Try asking for someone’s business card every time you meet them at a professional event.

If it’s not part of your routine, you’re likely going to do it poorly.

5. Introduce People To Each Other

Anytime you have a chance to introduce people who can benefit from knowing each other, just do it. A quick email introduction takes little time… and the two parties will likely credit you down the line with the connection.

As Zig Zigler once put it: “Help enough people get what they want and you’ll get what you want.”

Rob Kelly is a globally recognized CEO, advisor and writer. He has served as CEO of Ongig, Hot Topic Media and Mojam and held executive positions at Topica and CMP Media. Before that, Rob was a journalist for Information Week Magazine where he interviewed Bill Gates, Steve Jobs and other business leaders. Rob began his love of business early, attending his first shareholder/board meeting when he was 16 years old. More on Rob can be found at http://robdkelly.com.