Networking HQ BLOG with Larry James

Sunday, February 28, 2010

What’s Important When You Refer People?

Filed under: Guest Author Articles,Networking — Larry James @ 6:00 am
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Ivan Misner, Guest Author –

I just finished a survey of over 12,000 business people from all around the world on the subject of networking. One of the questions we asked the respondents was “Which of the following is most important to you when referring business to others?” The choices were:

ivanmisner

1. Knowing a person’s character.
2. Knowing a person’s level of competency.
3. Using the person’s product or service myself.
4. Knowing a person’s success.

Notsurprisingly, “knowing a person’s character” ranked as number one in the survey. Interestingly, “using the product or service myself” ranked third out of the four choices! This is important to understandwhen buildingyour own personal network of people referring you becauseit shows that people are definitely looking at more than just the quality of your products and services when they think about referring you to other people.

Often times, we think that the best source of referrals must be our clients, customers, or patients. Although they definitely are a good source, they are notour only source. In fact, based on this survey,personally usingand experiencing another person’sproduct or services before referring business to that person was not as important to the respondents as other factors.

What this means to you is–you need to build your credibility with people who know you (whether they’ve used your business ornot). If people trust your character and competency, they are likely to refer you regardless of whether they’ve actually used your products or services.

This is an important paradigm shift for many people. It means that many of your referrals may actually come from people other than your clients – if you learn how to network effectively.

netHQ

Copyright © 2010 – Ivan Misner. Reprinted with permission. Called the father of modern networking, Dr. Ivan Misner is the Founder of BNI and the senior partner for the Referral Institute. He has written nine books, including his New York Times best seller, Truth or Delusion? Busting Networking’s Biggest Myths.

Larry James is a Professional Speaker, Author and Coach. He presents networking seminars nationally and “Networking” coaching by telephone or one-on-one. His latest book is, Ten Commitments of Networking: Creative Ways to Maximize Your Personal Connections! Visit ” Networking HQ!”

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2 Comments »

  1. Hi Larry, didn’t know you were a fan of Dr. Misner. We sure are. In fact we use his materials in the Referral Marketing classes we lead. In fact, Dr. Misner started The Referral Institute about 7 years ago.

    Comment by Donald Trafton — Sunday, February 28, 2010 @ 2:16 pm | Reply

    • Don – It’s good to hear from you. Ivan has contributed several excellent articles on my Networking BLOG.

      Comment by Larry James — Thursday, March 4, 2010 @ 2:17 am | Reply


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