Do Networking Events Contribute to Your Business Goals?
People always say that a plan without a goal is just a dream. Networking events should be part of your overall plan to ensure you get the most out of your valuable time. If there is no connection between your strategy and your actions, there is a problem.
During my first year of business, I personally wasted a lot of time going to startup networking events because I thought I had to. It could easily become a norm or hype to go without reflecting on how it was affecting your overall business strategy. Some people go just to be seen; some stay for 20 mins to take a picture for social media. That could be their overall goal but at least it means they are aware of their goals and understand how networking events fit into those.
Why are goals important?
Goals should be tied to the different tactics of your business. Each thing that requires any piece of your precious 24 hours in a given day should have a goal. Without goals, we have no purpose and no way of measuring the success of our actions.
There are different types of networking event goals:
1. Meeting prospective clients (to generate new leads)
2. Giving a presentation at that event (as a guest speaker or panelist) to boost brand awareness
3. Blowing off steam (that is personal goal but it may have no affect on your business)
4. Boost LinkedIn numbers
5. Find UX testers
6. Meet investors
7. Nurture relationship with particular person you know is attending that event (as part of lead nurturing tactic)
8. Find startups who need help with getting funding of $25,000-$1,000,000+ (which is our goal)
For each networking event, have a goal. As long as we know why we are going and what we are hoping to expect from the opportunity, our business strategy will look more and more clear every day.
VenturX is a web platform that helps entrepreneurs through their journey from idea to launch and beyond. VenturX uses data-driven analytics to score and connect startups and investors at Seed and Series A financing.