Latest / What is Business Development? / Episode 140: "Beyond Networking" with Yaron Flint
Transcript
- 0:03Speaker 1: Welcome to the Business Development podcast, brought to you by
- 0:06Speaker 1: the Global Business Development Association, delivering the strategies and tactics
- 0:11Speaker 1: to boost your career and corporate growth.
- 0:21Speaker 2: Hello BD pros, and welcome to the Global Business Development
- 0:26Speaker 2: Association podcast called what is Business Development Now? Folks, your
- 0:32Speaker 2: business developers, You've been networking for a long time.
- 0:35Speaker 3: You know you have to do it, everybody does, but.
- 0:39Speaker 2: Are you doing it to the best of your abilities? Well,
- 0:42Speaker 2: today we're going to find out how to really take
- 0:45Speaker 2: networking to another completely new level with our guest author today.
- 0:51Speaker 2: But before I get into that, let me tell you
- 0:53Speaker 2: a little bit about another business development book I'd love
- 0:57Speaker 2: everybody to hear about. It's the Business Development Body of Knowledge,
- 1:02Speaker 2: and this book is the universal Guide to business development,
- 1:05Speaker 2: walks you through the entire customer journey, talks about key
- 1:08Speaker 2: background fundamentals and then all of the tactics, operations and
- 1:13Speaker 2: strategy during each phase of the customer journey and your
- 1:18Speaker 2: business growth. And then once you master the content in
- 1:21Speaker 2: that book, you can take the Business Development Professional certification
- 1:25Speaker 2: at the Global Business Development Association website and you can
- 1:29Speaker 2: find that at Gbdassociation dot org. So go right out,
- 1:34Speaker 2: get your copy of the book and then work on
- 1:37Speaker 2: getting your BDP certification. Now let's talk about our guest
- 1:41Speaker 2: author's book today. He's coming back for the second time
- 1:45Speaker 2: to our podcast and his name is Yarown Flint and
- 1:48Speaker 2: Yarrown is a lifelong innovator and he is just such
- 1:54Speaker 2: a wonderful person. When I first connected with him, I
- 1:58Speaker 2: had him on the show. He showed me his masterful
- 2:01Speaker 2: skills about networking firsthand. Soon after the show, he said, Okay,
- 2:07Speaker 2: give me ten people that you want me to introduce
- 2:09Speaker 2: you to, And I thought, wow, nobody's ever done that before.
- 2:13Speaker 3: And I thought that.
- 2:13Speaker 2: Was such a great way to engage potential partners and
- 2:19Speaker 2: really expand a valuable.
- 2:21Speaker 3: Network that takes action. Of course, I reciprocated.
- 2:24Speaker 2: As well and helping make introductions, and I thought that
- 2:28Speaker 2: was just such a wonderful way to start a great relationship.
- 2:31Speaker 2: So it's so fun to have him back to the show.
- 2:34Speaker 2: And let me tell you a little bit more about
- 2:36Speaker 2: yado Own. He's an award winning published author specializing in
- 2:40Speaker 2: innovation integration, with a proven track record of leading and
- 2:45Speaker 2: mentoring global teams across business development, strategic innovation and technology integration,
- 2:54Speaker 2: and now let me tell you about the book. This
- 2:57Speaker 2: book offers a more intentional, human centered approach to building
- 3:02Speaker 2: relationships that truly matter. It moves beyond tactics and quick wins,
- 3:07Speaker 2: focusing on trust, purpose, and long term impact. And of course,
- 3:12Speaker 2: those who have read the Business Development Body of Knowledge,
- 3:15Speaker 2: you know the book starts with trust and trust consists
- 3:18Speaker 2: of purpose, empathy, and truth. So this book obviously starts
- 3:22Speaker 2: with that solid foundation, and then it takes you through
- 3:25Speaker 2: stories of extraordinary connectors and real life examples across industries
- 3:30Speaker 2: and cultures. The book shows that networks do not just
- 3:34Speaker 2: grow wide, they run deep, and you'll discover small ships
- 3:39Speaker 2: and mindset and behavior that turn brief encounters into lasting relationships.
- 3:46Speaker 2: And our brief encounter with this author of the first
- 3:49Speaker 2: episode led to a great growing relationship. So we're super
- 3:54Speaker 2: excited to have yad Own Flint back to the show.
- 3:57Speaker 3: Yr Own Welcome, Thank you, thank you for having me again. Well,
- 4:02Speaker 3: it's great to have you back.
- 4:03Speaker 2: And the last time we talked to you, it was
- 4:05Speaker 2: about your book on innovation, which I thought was wonderful
- 4:09Speaker 2: because it exposed our audience to understanding that innovation is
- 4:14Speaker 2: fundamentally a business development activity. As business developers were constantly
- 4:18Speaker 2: looking at not just our own vertical, but we're looking
- 4:21Speaker 2: tangentially at other verticals and seeing what's going on in
- 4:24Speaker 2: the marketplace. I think that was one of the key
- 4:26Speaker 2: takeaways from our last discussion.
- 4:29Speaker 3: And so we're always out.
- 4:30Speaker 2: There in the community networking and we're hearing key pieces
- 4:34Speaker 2: of intelligence that we can then bring back to the
- 4:37Speaker 2: corporation and then influence our strategic growth objectives. So, Jaroon,
- 4:43Speaker 2: you've been in business development and innovation for a long time.
- 4:48Speaker 2: Tell us a little bit about how you started in
- 4:50Speaker 2: business development and why you wrote the book.
- 4:54Speaker 4: So I think you know, as a business development manager,
- 4:59Speaker 4: the last thing you figure out is that the biggest
- 5:02Speaker 4: asset that you have is your brand and the network
- 5:07Speaker 4: that you bring this is something that follows along with you.
- 5:10Speaker 4: And you know, business development managers are all about starting
- 5:14Speaker 4: in new places and trying to get really and creating
- 5:18Speaker 4: opportunities in these spaces.
- 5:19Speaker 5: That they don't know much about. So you could do.
- 5:22Speaker 4: It the long and hard way, and you know, learning
- 5:25Speaker 4: as you go or taking a shortcut, and you know,
- 5:29Speaker 4: influencing and reacting with people you know can help you
- 5:32Speaker 4: get there. So I think one of my first encounters
- 5:35Speaker 4: was when in India and it's a huge country where
- 5:38Speaker 4: you know, I was supposed to analyze a deal, but
- 5:41Speaker 4: then someone gave me another deal which was like two
- 5:44Speaker 4: hours away, and I had no knowledge, no people, there,
- 5:48Speaker 4: no connections, and what do I do? So I started
- 5:51Speaker 4: reaching out to people I know and in one hour
- 5:53Speaker 4: I got already like five six leads that I could
- 5:57Speaker 4: do and on the way there already sets of meat.
- 6:00Speaker 4: So you know, business development is all about utilizing the
- 6:04Speaker 4: network that you have, creating new opportunities, getting insights. You
- 6:09Speaker 4: rarely can cover all the topics that you need to
- 6:13Speaker 4: cover as a business development manager, so you can't know everything,
- 6:18Speaker 4: but knowing the right amount of people who can cover
- 6:20Speaker 4: everything for you is the next best thing.
- 6:24Speaker 2: Yeah, it really is a powerful mechanism. I call it
- 6:27Speaker 2: community led growth. Other folks call it networking, but it's
- 6:32Speaker 2: networking can be something that folks engage with at a
- 6:35Speaker 2: superficial level. I go to an event, I get some
- 6:37Speaker 2: business cards, maybe I send them a LinkedIn request and
- 6:41Speaker 2: you just kind of leave it at that. There's really
- 6:43Speaker 2: no substantial follow through, but you're taking things to the
- 6:45Speaker 2: next level with.
- 6:46Speaker 3: Your book and folks. Again, just as a reminder.
- 6:49Speaker 2: We're talking about yall Own's new book just came out
- 6:52Speaker 2: today and we're talking on the eighteenth of June, and
- 6:56Speaker 2: it is called Beyond Networking, Making Actions That Matter.
- 7:01Speaker 3: So ya do.
- 7:02Speaker 2: Let's walk through the top three takeaways from your book.
- 7:06Speaker 2: Let's start off with number one please.
- 7:08Speaker 4: So definitely, But you know, before we go into the takeaways,
- 7:11Speaker 4: I just wanted to address what basically you said. And
- 7:15Speaker 4: I think this is very crucial because networking is something
- 7:20Speaker 4: that people do portunistically and I think it's on top
- 7:23Speaker 4: of the daily basis. And this is exactly why I
- 7:26Speaker 4: wrote the book, because I wanted for managers to treat
- 7:31Speaker 4: this as they would treat any other aspect in their business,
- 7:35Speaker 4: doing it professionally and structured with strategy. So that takes
- 7:39Speaker 4: me to my first takeaway, which is always start with
- 7:44Speaker 4: a strategical angle, have a clear networking strategy, know exactly
- 7:49Speaker 4: what you're trying to achieve, who you want to address,
- 7:52Speaker 4: and have a game plan defined from that in order
- 7:55Speaker 4: to achieve that. You can't do this opportunistically. It might
- 7:59Speaker 4: get you some you know, short distance.
- 8:02Speaker 5: In a way, but will ever get you the long one.
- 8:06Speaker 3: Well, and that's a great.
- 8:09Speaker 2: Perspective is to first of all, look at this as
- 8:12Speaker 2: a strategic tool that can be used by the corporation.
- 8:16Speaker 2: You know, we spend so much time and effort on
- 8:19Speaker 2: nailing down the details on say cold calling, and getting
- 8:23Speaker 2: that script just perfectly right, and then we have all
- 8:27Speaker 2: the metrics behind that type of a tactic. But when
- 8:32Speaker 2: you get to things like networking that have been around
- 8:34Speaker 2: for ages in the business development profession, You're right, I
- 8:38Speaker 2: don't see a lot of strategic emphasis on this particular tactic.
- 8:43Speaker 2: Yet it is so critical to the success of not
- 8:47Speaker 2: just the corporation but the individual business developer. Like you
- 8:50Speaker 2: talked about in the beginning, this is part of your
- 8:52Speaker 2: personal brand. This is the value you bring to any
- 8:55Speaker 2: organization and at the end of the day, they can't
- 8:58Speaker 2: take it away from you. These are the reallyationships you've
- 9:00Speaker 2: built over years, and when you get to a point
- 9:04Speaker 2: in your career like I have, you have these relationships
- 9:07Speaker 2: for decades now, and these are high trust relationships that
- 9:11Speaker 2: you can call upon and they can call upon you.
- 9:13Speaker 2: They know that they can call upon you at any
- 9:15Speaker 2: time because they trust you.
- 9:16Speaker 3: So this is great. Let's okay, So let's talk about the.
- 9:21Speaker 2: First key takeaway or tactic from the book you'd like
- 9:24Speaker 2: to share.
- 9:25Speaker 4: So that's exactly the first one. The fact that you
- 9:28Speaker 4: need to start from a strategical point of view and
- 9:30Speaker 4: treat this as a profession. You can't really be a
- 9:33Speaker 4: business development manager. And you know kind of like brag
- 9:37Speaker 4: that you're doing a very professional analysis of a market,
- 9:41Speaker 4: a very professional asss of competition, but you know, doing
- 9:44Speaker 4: any kind of professional allassis of your network. How is
- 9:48Speaker 4: that happening? This is, like we said, one of the
- 9:51Speaker 4: key assets that you have. This is like your brand identity.
- 9:54Speaker 4: So why are you treating this orportimistically and everything else
- 9:58Speaker 4: as a profession. You need to combine and treat this
- 10:01Speaker 4: also as one of the strongest suits and professional artics
- 10:05Speaker 4: that you treat anything else.
- 10:07Speaker 2: Okay, great, so we know key takeaway number one is
- 10:11Speaker 2: focus on this as a key discipline and strategic discipline,
- 10:14Speaker 2: not just for your corporation but for you as the individual.
- 10:18Speaker 3: Okay, all right, let's go on to number two.
- 10:21Speaker 4: Then number two, and this is something you touched upon.
- 10:24Speaker 4: And I don't see this happening a lot, and I
- 10:27Speaker 4: don't understand why. The best thing as someone who is
- 10:32Speaker 4: a networker or connector making connections between your network, you know,
- 10:38Speaker 4: connecting two individuals that should know each other. But don't
- 10:42Speaker 4: you know, if you think about it, a network is
- 10:44Speaker 4: a net that works. I like that kind of breaking
- 10:48Speaker 4: it down.
- 10:48Speaker 5: So make it.
- 10:49Speaker 4: Work, you know it eventually, if you're just treating this
- 10:53Speaker 4: is a contact list, it will not you know, benefit
- 10:58Speaker 4: you in along the way. A true value of a
- 11:01Speaker 4: network lies in the quality of interactions that you're doing
- 11:04Speaker 4: and the ability to influence a change and create change
- 11:08Speaker 4: within this relationship. So the first thing that you should
- 11:11Speaker 4: do is start introducing people to each other. Why is
- 11:14Speaker 4: so important because when an introduction is so successful, both
- 11:18Speaker 4: parties hold you at high esteem and it creates a
- 11:21Speaker 4: very nice bondage between all three of you. And I
- 11:24Speaker 4: don't see people doing that on a regular basis, even
- 11:27Speaker 4: those who have a very strong network. And I really
- 11:32Speaker 4: ask myself why, I don't know.
- 11:35Speaker 2: Yeah, this is so true, and it's so easy too.
- 11:38Speaker 2: It just takes a little bit of time to think, Hey, okay,
- 11:41Speaker 2: I just made this new Relationshipologist, Like what you talked
- 11:44Speaker 2: about when we first met is, Hey, who are ten
- 11:48Speaker 2: people you want me to introduce you to? I thought
- 11:50Speaker 2: that was great because it first of all, reduced the
- 11:54Speaker 2: load on you to try and figure out who you
- 11:56Speaker 2: could introduce me to, although you have introduced me to
- 11:58Speaker 2: other people since first engagement, and I think that's wonderful.
- 12:02Speaker 3: You know, where you have these opportunities.
- 12:04Speaker 2: When I meet new folks, I'm automatically thinking of to
- 12:07Speaker 2: whom should I introduce this person? What would be a
- 12:10Speaker 2: great connection for them? And that's benefit, that's value that
- 12:14Speaker 2: you're delivering to both parties. Now, it's an existing relationship
- 12:17Speaker 2: that you've had for a long time introducing them to
- 12:20Speaker 2: somebody new. The new person you're introducing is also feeling
- 12:24Speaker 2: the benefit. So it's a great two way opportunity to
- 12:27Speaker 2: deliver value. I'll share one little tactic I thought was
- 12:31Speaker 2: really helpful. There was I learned this one about two
- 12:34Speaker 2: years ago an older gentleman and I watched him at
- 12:37Speaker 2: a networking event and it was filled with about one
- 12:41Speaker 2: hundred and fifty business developers, and I noticed this pattern
- 12:47Speaker 2: when somebody knew would walk up to two or three
- 12:50Speaker 2: people talking in the group with him, and he would
- 12:54Speaker 2: meet them, he would understand.
- 12:56Speaker 3: Where they worked, what they did.
- 12:58Speaker 2: He would turn to at least one other person in
- 13:01Speaker 2: that small group and he goes, hey, do you know
- 13:03Speaker 2: this guy? Do you know this gal? And he would
- 13:06Speaker 2: do the introduction right there, which I thought was so clever,
- 13:10Speaker 2: so nicely done, And I never used that tactic before,
- 13:14Speaker 2: but I thought it was great.
- 13:15Speaker 3: It was great for multiple reasons.
- 13:17Speaker 2: One, you're including that new person automatically into the discussion.
- 13:22Speaker 2: The second of all, you're providing that automatic value of hey,
- 13:26Speaker 2: I know this one person.
- 13:27Speaker 3: You just came to our group, let me introduce you.
- 13:29Speaker 2: And the third benefit is it allowed him and this
- 13:32Speaker 2: is probably more his primary objective, is it allowed him
- 13:35Speaker 2: to break contact and move on to another discussion with
- 13:38Speaker 2: a completely new group. So I thought he was and
- 13:40Speaker 2: he did this moving throughout the entire room of one
- 13:43Speaker 2: hundred and fifty people, and he would only be in
- 13:46Speaker 2: a small grouping for a few minutes and he'd break contact,
- 13:48Speaker 2: make an intro, and then go on.
- 13:50Speaker 3: I thought this was very clever one.
- 13:52Speaker 5: Out of percent.
- 13:52Speaker 4: And I think it even as a kind of a
- 13:55Speaker 4: deeper layer because as a business development, what you love
- 13:58Speaker 4: to do, if you love the profession, is take something
- 14:01Speaker 4: completely new and turn it into something which is more successful. Right,
- 14:07Speaker 4: You're taking something that no one has thought about or
- 14:10Speaker 4: no one has figured out and kind of like making
- 14:13Speaker 4: something out of it. So creating something out of it's
- 14:17Speaker 4: not nothing, but you know, very very rough idea that
- 14:20Speaker 4: somehow people don't understand or don't see. And you are
- 14:24Speaker 4: kind of connecting the dots. So if you're connecting dots
- 14:27Speaker 4: between business, why not connecting dots between people and creating
- 14:31Speaker 4: something new between them and achieving something because you connected
- 14:34Speaker 4: two people together.
- 14:36Speaker 2: Yeah, and I will emphasize that the first time I
- 14:39Speaker 2: met this gentleman, he was very deliberate about following up
- 14:44Speaker 2: with me and having a coffee, and there he extended
- 14:49Speaker 2: even more value, talking not just about his company, but
- 14:51Speaker 2: how we could potentially work together. And he also offered
- 14:55Speaker 2: up several other introductions that he could make once he
- 14:58Speaker 2: knew what was important to me and my corporation. So
- 15:03Speaker 2: I want to emphasize that that was just not a
- 15:05Speaker 2: superficial tactic that he was.
- 15:07Speaker 3: Trying to use a gimmick.
- 15:08Speaker 2: He genuinely used that methodology to great value to all
- 15:13Speaker 2: the folks that he engaged with. So I thought that
- 15:15Speaker 2: was it was clever, it was touching, and I felt
- 15:18Speaker 2: valued and included.
- 15:19Speaker 3: So great tactic.
- 15:20Speaker 2: I love what you're talking about here about you know,
- 15:25Speaker 2: tactic number one is being strategic about this.
- 15:27Speaker 3: This is a very valuable tool.
- 15:29Speaker 2: And I'll emphasize and I've said it many times before
- 15:32Speaker 2: on this podcast, that the conversion rate on referrals is
- 15:37Speaker 2: over fifty percent. You look at cold calls, you look
- 15:39Speaker 2: at cold out bound email, you're lucky to maybe to
- 15:42Speaker 2: get one percent. That's assuming that you can actually get
- 15:46Speaker 2: through now these days. And so this is where I
- 15:50Speaker 2: think as automation increases, the human to human connection is
- 15:54Speaker 2: going to be even more important. And so delivering value
- 16:00Speaker 2: in tactic number two and understanding how you can connect
- 16:04Speaker 2: members of your network and deliver that automatic value. I
- 16:08Speaker 2: think that's such a powerful tactic.
- 16:10Speaker 3: So which tactic number three?
- 16:12Speaker 4: I don't And again you're already touched upon it, but
- 16:15Speaker 4: let me elaborate. And I think the main issue here
- 16:19Speaker 4: and again a lot of connectors kind of neglect. That
- 16:23Speaker 4: is the maintenance side of it. You know, eventually a
- 16:26Speaker 4: network is worthless if you're not able to maintain it.
- 16:30Speaker 4: Relationships they need maintenance, not storage, right, And eventually, if
- 16:35Speaker 4: you when you learn business development, one of the first
- 16:38Speaker 4: things that you learned is that it's easier to retain
- 16:41Speaker 4: a customer than acquire a new one. So why are
- 16:44Speaker 4: people treating networks in a different way, which means they're
- 16:48Speaker 4: always looking for the next big thing and not maintaining
- 16:50Speaker 4: the ones they have. So you know, you're kind of
- 16:53Speaker 4: like not preaching what you are, not executing what you're
- 16:57Speaker 4: preaching for.
- 16:58Speaker 5: And this is kind of something that blows my mind again.
- 17:01Speaker 4: And I think this is a topic or an area
- 17:04Speaker 4: in networking that is often look upon and people are
- 17:11Speaker 4: not paying the attention they need to in order to
- 17:14Speaker 4: make sure that the network is sustainable and growing.
- 17:18Speaker 3: Yeah, this is so true.
- 17:20Speaker 2: Folks treat it transactionally as opposed to intentionally. And what
- 17:27Speaker 2: you're talking about is that careful cultivation of the relationship
- 17:31Speaker 2: over time. Now, as business developers, we're meeting a lot
- 17:36Speaker 2: of people every day, so it almost becomes impossible to
- 17:42Speaker 2: maintain relationships with hundreds, if not thousands. I think I
- 17:47Speaker 2: have almost eight thousand people in my LinkedIn connection network,
- 17:51Speaker 2: so it's virtually impossible to maintain those relationships.
- 17:57Speaker 3: How do you recommend.
- 17:59Speaker 2: Business developers kind of cultivate the most meaningful relationships?
- 18:04Speaker 5: Right?
- 18:04Speaker 2: There must be a way to prioritize and engage, right.
- 18:09Speaker 4: So this is exactly one of my favorite basically chapters
- 18:13Speaker 4: in my book where I talk about maintenance. And you
- 18:16Speaker 4: know what, I started treating this as something you need
- 18:20Speaker 4: to do. I thought, it's all about the actions you take.
- 18:23Speaker 4: Like you describe. You need to follow through and make
- 18:26Speaker 4: sure that you call the person every now and then,
- 18:29Speaker 4: to make sure that their relationship stays warm and things
- 18:32Speaker 4: like that. What I found along the way that it's
- 18:35Speaker 4: the first intention that is the most important, which means
- 18:40Speaker 4: when you meet the person, if you give them value
- 18:42Speaker 4: from point number one, you will always remember you as
- 18:46Speaker 4: someone worthwhile engaging with. And then years can go by
- 18:50Speaker 4: and when you reach out, it was like you talked yesterday.
- 18:54Speaker 5: So think of this as like growing God.
- 18:57Speaker 4: Some plants you need to treat every day on a
- 19:00Speaker 4: daily basis. Some you just give them water every now
- 19:03Speaker 4: and then and they're very resilient and you go about
- 19:05Speaker 4: themselves only. But because of this initial element that you did,
- 19:10Speaker 4: and if you think about it, it makes a lot
- 19:12Speaker 4: of sense because all the actions that you're taking is
- 19:15Speaker 4: to give someone on the other side the feeling that
- 19:18Speaker 4: you care. So do it from the first point when
- 19:22Speaker 4: you meet him, and then you don't need to do
- 19:24Speaker 4: the follow ut.
- 19:26Speaker 2: Okay, so give me an example of what you do
- 19:29Speaker 2: and immediately after engaging with somebody for the first time.
- 19:34Speaker 4: So first of all, it's very important to listen to
- 19:37Speaker 4: what I say. That's one of the first elements. Then
- 19:40Speaker 4: it's how do I provide value for you now, not
- 19:44Speaker 4: in years time. So if he told me that it
- 19:47Speaker 4: is interested about something, if I know that this is
- 19:50Speaker 4: a topic that is interested about, I'm trying to create
- 19:53Speaker 4: value for him, like what we did together, right, So
- 19:56Speaker 4: I did it instinctively. I asked you who are the
- 19:59Speaker 4: ten people you are to bring to the podcast. I
- 20:01Speaker 4: created value for you in the first minute we met,
- 20:04Speaker 4: and this is why you will remember me. Is someone
- 20:08Speaker 4: who gave value from the beginning. So it doesn't have
- 20:12Speaker 4: a generic answer. It's listen to the person, understand what
- 20:15Speaker 4: makes him tick, what is interesting for him. You can
- 20:18Speaker 4: do a lot of like digging before you meet him,
- 20:21Speaker 4: and then follow through. Make sure that you create value
- 20:25Speaker 4: to this person when he still remembers you very vividly,
- 20:29Speaker 4: not a year from now, and that's it. You know,
- 20:33Speaker 4: from that point onward, you can maintain it on a
- 20:36Speaker 4: low scale, but still he will remember you in very high.
- 20:40Speaker 2: Regards well, And I'll also share with the audience that
- 20:44Speaker 2: one of the things that you did is you actually
- 20:47Speaker 2: gave me a list of people.
- 20:49Speaker 3: So you did the research.
- 20:51Speaker 2: You looked at my background, you looked at what I was,
- 20:56Speaker 2: my purpose essentially, and then you looked at your network,
- 21:00Speaker 2: and then you gave me a list of I think
- 21:02Speaker 2: like ten or twelve people, and you said, which one
- 21:05Speaker 2: of these people would you like me to connect you with?
- 21:07Speaker 5: I can.
- 21:08Speaker 4: And I think more than that, I looked at which
- 21:11Speaker 4: other people who you didn't interview, because if I if
- 21:15Speaker 4: I would give you in the list like eighty percent
- 21:17Speaker 4: of them more people who already interviewed, it means that
- 21:20Speaker 4: I didn't do my work right.
- 21:22Speaker 3: Yeah, yeah, and you noticed.
- 21:25Speaker 2: I think you looked at my LinkedIn profile and made
- 21:26Speaker 2: sure that I was not already connected with them. I
- 21:29Speaker 2: think too, So you really did the homework that probably
- 21:33Speaker 2: didn't take too much time, but it definitely demonstrated a
- 21:36Speaker 2: lot of value that you really cared about my success
- 21:40Speaker 2: and you wanted to share generously the people in your relationship.
- 21:44Speaker 2: And I'll also emphasize that when you did make the connections,
- 21:47Speaker 2: I think I asked for maybe two or three connections.
- 21:50Speaker 2: You provided a note to them, a very nice introductory
- 21:53Speaker 2: note explaining what the reason was. It wasn't just as
- 21:56Speaker 2: simple of hey, this is so and so and this
- 21:58Speaker 2: is so and so. You actually said, hey, here's the
- 22:00Speaker 2: value I think both of you could find in working together.
- 22:04Speaker 2: And I think every one of those people replied, connected
- 22:08Speaker 2: with me, and engaged. So I think replicating that tactic
- 22:14Speaker 2: is just one example from your methodology that goes back
- 22:20Speaker 2: to the whole primary first tactic. And I'll just review
- 22:24Speaker 2: the tactics real quickly. So tactic number one is and
- 22:27Speaker 2: this is for the managers, this is for the vps,
- 22:29Speaker 2: the chief growth officers. Listen up here, okay, stop sending
- 22:33Speaker 2: your people out to networking events and then when they
- 22:36Speaker 2: come back, you go, well, how was it? Well it
- 22:37Speaker 2: was a good event.
- 22:38Speaker 3: What does that mean? Who did you meet?
- 22:41Speaker 2: Who had the follow ups? What kind of forward motion
- 22:44Speaker 2: do you have on the ball after you've built that relationship?
- 22:47Speaker 2: And that goes to tactic number two is engaging with intent,
- 22:51Speaker 2: understanding what you can do to really provide value to
- 22:56Speaker 2: the individuals that you meet, both instantly, maybe interesting to
- 23:00Speaker 2: another person in your group that you're talking to in
- 23:02Speaker 2: a live networking event. And then the third thing is
- 23:06Speaker 2: that consistent follow up delivering value right in the beginning,
- 23:10Speaker 2: just like we talked about in identifying how you could
- 23:13Speaker 2: introduce that person to other people. But then it's those
- 23:17Speaker 2: follow ups from time to time, maybe you see a
- 23:19Speaker 2: news article that might be beneficial to them, maybe it's
- 23:22Speaker 2: another new person that you met and you realize, oh boy,
- 23:25Speaker 2: this would be a great connection. And really cultivating those
- 23:28Speaker 2: relationships and which you'll probably find out is you'll be
- 23:32Speaker 2: able to sift through those that are really solid relationships
- 23:38Speaker 2: that you can count on, They reciprocate over time, they
- 23:42Speaker 2: respond quickly to you, they engage with value. And then
- 23:46Speaker 2: there are others that whatever life takes over, maybe they
- 23:50Speaker 2: have different priorities, maybe they're not engaging as much. That's okay,
- 23:53Speaker 2: you just don't engage them as much, but they're still
- 23:55Speaker 2: part of your network. And so this is where this
- 23:58Speaker 2: real craft, this trade car app of networking is so
- 24:02Speaker 2: absolutely critical now more than ever with automation entering our profession. So, yeah, Ron,
- 24:08Speaker 2: is there anything else you would like to add from
- 24:10Speaker 2: your book that we didn't get a chance to talk about.
- 24:13Speaker 5: Yeah, definitely.
- 24:13Speaker 4: You know, I have a lot of tips and the
- 24:16Speaker 4: things that you can do. And one of the things
- 24:19Speaker 4: that kind of a line of what we talk now
- 24:21Speaker 4: is what I like to call the giveaway stash. So
- 24:24Speaker 4: this is exactly how a business development manager should take
- 24:28Speaker 4: you think for the long run. So you build like
- 24:32Speaker 4: libraries and the repositories of things that you can then
- 24:36Speaker 4: share with people when they need it, phone numbers, market
- 24:40Speaker 4: research decks of companies, all of this, and when someone
- 24:44Speaker 4: asks you, yeah, I have that, and he remembers that,
- 24:47Speaker 4: he engage with you and got to respond so fast.
- 24:50Speaker 5: But it's not.
- 24:51Speaker 4: Because you did the work, because you build the structure
- 24:54Speaker 4: to begin with. So I have a lot of these
- 24:56Speaker 4: kind of tips and elements that will help you as
- 24:59Speaker 4: a business development manager take the long run or.
- 25:05Speaker 5: The way to look at the relationships for.
- 25:06Speaker 4: The long run and create these kind of small tactics
- 25:10Speaker 4: that will help you get there.
- 25:12Speaker 2: Well, folks, one of the things you should have in
- 25:14Speaker 2: your giveaway stash in that library is this book Beyond
- 25:18Speaker 2: Networking Making Connections by yad Own Flint yad Own, I
- 25:24Speaker 2: think it's a wonderful thing for folks to add to
- 25:26Speaker 2: their libraries, to really make this an intentional part of
- 25:29Speaker 2: their not just work that they do with their company,
- 25:32Speaker 2: but something that can benefit them throughout their entire business
- 25:35Speaker 2: development profession. So yad own, it's great to have you
- 25:38Speaker 2: as part of my network. Thank you so much for
- 25:41Speaker 2: all the value you bring to me and the value
- 25:44Speaker 2: that you brought to our audience today.
- 25:46Speaker 5: Thank you, Thank you for having me.
- 25:51Speaker 1: Thank you for listening to the Business Development Podcast. Join
- 25:55Speaker 1: our free community of corporate partners and business development professional
- 26:00Speaker 1: advancing the art, science, and ethics of the business development
- 26:04Speaker 1: profession at Gbdassociation dot org.