Skip to main content

Actively Network and 'Schmooze'

0:44
4:26
3.3K views

At 0:44 in

What the BIG Companies Do -That you're MISSING

What happens here

The speaker likens building a strong professional team to assembling a Pinewood Derby car, emphasizing that complex tasks are best handled by experts. He advises against trying to personally manage all intricate legal, financial, and insurance matters. Instead, actively seek out and "schmooze" the best experts. This involves participating in networking events like BNI (Business Network International) and Chamber of Commerce meetings, or simply engaging in deeper conversations over lunch or coffee. The goal is to develop personal relationships that allow these professionals to understand your company beyond just their specific service scope.

Goal: Cultivate meaningful relationships with potential business experts.

Tools and materials

  • Pinewood Derby Car — Metaphor for building a cohesive and specialized team
  • Business cards N/A — Exchanging contact information at networking events
  • Lunch or Coffee N/A — Facilitating deeper conversations during networking

What they say

Hide

business making the connection with the right team of accountants attorneys lawyers and insurance agents is a little bit like assembling a pinewood derby car I'm uh I'm not going to tell my seven-year-old son to go out grab the jigsaw and the power tools and go ahead and carve out a baseball bat shape and a pinewood derby car and I am like a seven-year-old when it comes to the legal matters of my company I'm not going to take charge of that going to find someone that knows what they're doing I'm going to divvy up the responsibilities but I'm going to establish a relationship with these people so when they come to work for me they know my company Beyond just what I've told them and just beyond the normal scope of work there's a way to do that it's reaching out and networking it's going to be an events Chamber of Commerce events getting to know the local people in the area and then taking it a Step Beyond asking them if they're interested in at all maybe going out to lunch or something like that that's a critical element three out of the four people of my team I've met through networking and I've had them perform special favors for me since that time within the last year and a good example was December 14th my accountant let's

Auto-generated from the video audio.