Global India Forum
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Anju Rupal Group moderatorThe company name is only visible to registered members.Tips on building your trusted network
Do you trust your own network? Think twice about who you connect to and who's contact request you accept. worthwhile article to read about this topic:
click here for more
https://www.openbc.com/cgi-bin/forum.fpl?op=showarticles&...
This post was modified on 10 Sep 2006 at 07:48 pm.- 12 Aug 2006, 11:43 pm
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Reinhard H. AntonThe company name is only visible to registered members.Re: Tips on building your trusted network
Good morning,
Yes, infact I do trust my network - mostly because, like in "real life", I net-worked along these recommendations already. My first 350 contacts I all new personally and had some kind of business relationship with them. Then I had the challenge of growing my network in some directions for which OpenBC turned out to be an excellent platform. I am always a bit selective and check a new contacts' contact sites (which other contacts that I trust, which groups, the contact's web site). And I never just hit the "confirm button" - my new contact is always worth some comment ...
Nice day and regards from Switzerland!
- 16 Aug 2006, 07:55 am
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Anju Rupal Group moderatorThe company name is only visible to registered members.Re^2: Tips on building your trusted network
Another important item for building a trusted network is to put up your picture.
I won't do business with a faceless profile.
- 16 Aug 2006, 09:48 am
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Akhil ShahaniThe company name is only visible to registered members.Not sure I agree..
If we manually filter the type of members that we want to connect to, there is a danger that our network will be a homogeneous set of people with similar profiles as we have.
It's human nature to like & trust people who are most like us.
e.g. if I am a relatively successful businessman, I may avoid adding people like freelance web designers, students, IFAs etc. in my network.
However, I consider my network to be a major source of advice & expertise, so this strategy could cut of sources of information that I may never be able to access in my offline network.
I can point to a few cases where I have got a piece of highly useful advice (or a contact) from someone in my eclectic network who I never thought would have the intelligence or access otherwise.
The upside of adding people is that I can always remove them if needed:-)
take care,
Akhil
- 17 Aug 2006, 12:16 pm
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- 18 Aug 2006, 11:22 pm
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Reinhard H. AntonThe company name is only visible to registered members.Re^2: Not sure I agree..
Hi Akhil,
Of course a network only is good if its members are heterogenious - the original question was "Do you trust your network". There are a couple of degrees in between.
Thanks,
Reinhard
- 19 Aug 2006, 12:32 am
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Peter J Aylwin Premium MemberThe company name is only visible to registered members.Re^3: Not sure I agree..
Greetings Fellow Members,
The question was, do you trust your network?
Among other things, I have heard that Warren Buffet asks himself these questions before undertaking a business or investment proposal.
Do I like them?
Do I trust them?
Do I respect them?
Now, to answer the question. Do I trust my own network? From this site, NO. I have not been using it that long and over the internet it is much easier for an unsolicited person to be deceptive or exaggerate.
But do I provide the opportunity for them to introduce themselves and connect to me? Do I look at further qualifying the quality of this new contact? Do I look for potential areas of common interest? Do I consider how this person may help an associate of mine or how an associate of mine may be of help to them in a mutually beneficial manner? Am I open to potentially build a relationship based on trust? CERTAINLY. That is why we are all here isn’t it? ;-)
I see the validity and reasoning that some members have expressed, however I most agree with the valid points made by Akhil.
Although I am new to this site, time and time again in the offline world I have been stunned by the opportunities, ideas, proposals and network of contacts that I have been exposed to from people that were most unimpressive initially, not particularly intelligent on the surface or were presently unsuccessful.
Never Judge A Book By Its Cover!
I hate that cliché, but it is very true. One recent example of an unsuccessful and very heterogeneous contact led me to their business opportunity and their network of contacts and personal friends that were of the very highest calibre. A very exciting business opportunity arose as a result. Cutting things off at the stem before taking a closer look and qualifying it further could have deprived a major breakthrough and a stream of new opportunity. Also, some people (Successful or unsuccessful) that are new to this website or are unfamiliar with its functionality may have incomplete profiles (No Pic or "About me") or have incorrectly filled in some their details. Isn’t it fair to give them the benefit of the doubt to prove themselves at least to begin with?
In business, and particularly in relation to this portal, it could be a detriment to make unqualified or unresearched assumptions on a person’s integrity, credentials or value as a contact, client or potential business associate. If someone approaches you to be a contact, then often they have a legitimate interest in something about you or something that you have an association with (There are exceptions and time wasters though).
I do see the important point that I think was trying to be made, which is pre-qualifying your contact lists from this site so you develop a trusted network.
My offline network is divided into:
A) Trusted contacts
B) Those contacts I am open to considering (But I need them to prove themselves, I require further investigation or I require them to meet certain terms/conditions) and
C) Those I do not trust and would not recommend.
Most people on this site who send me contact requests without a prior relationship or referral, I consider to be in category “B” to begin with.
Experience has taught me to be a big believer in a thorough pre-qualification and filtering process before investing any serious time or conducting any serious negotiations with “cold”, unreferred or unsolicited contacts, particularly through web portals.
When it comes to serious business, I prefer to speak with a real person and look them eye-to-eye, and ask them specific questions so I know exactly who and what I am dealing with.
As far as this site goes, if I am uncomfortable or unsure of a contact I simply do not make my business or personal contact details visible to them, politely inform them of my lack of interest in their proposal or request, and let them know what is of primary interest to myself or my associates (Plus, I don’t refer them to others until I trust them)
Do I delete them? Not unless they become a pest or do something outrageous. After all, they may be connected to someone I could really establish a positive relationship with. Using the “bookmark” / “memo” feature acts as a good reminder of the quality of a contact (Or their lack thereof). It is a handy little tool.
As a matter of fact that brings up an interesting point that perhaps we should address further as a group regarding how we network and establish trusted contacts via this site.
HOW DO YOU PREQUALIFY, FILTER & AND COMMUNICATE WITH YOUR ONLINE CONTACTS BEFORE CONSIDERING ANY FORM OF BUSINESS RELATIONSHIP WITH THEM?
WHAT ELEMENTS ARE MOST IMPORTANT TO YOU FOR BUILDING GENUINE RAPPORT AND TRUST?
I welcome feedback from all members.
Regards,
Peter
This post was modified on 21 Aug 2006 at 12:48 pm.- 20 Aug 2006, 3:38 pm
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Neena Hartmann Premium Member Group moderatorThe company name is only visible to registered members.Re: Not sure I agree..
Hi,
I absolutely agree with you. I feel that diversity is needed for growth. I have joined this network because I am looking for new ideas this may be from somebody who is in the same busines, so what !
Neena
Akhil Shahani wrote:
If we manually filter the type of members that we want to connect to, there is a danger that our network will be a homogeneous set of people with similar profiles as we have.
It's human nature to like & trust people who are most like us.
e.g. if I am a relatively successful businessman, I may avoid adding people like freelance web designers, students, IFAs etc. in my network.
However, I consider my network to be a major source of advice & expertise, so this strategy could cut of sources of information that I may never be able to access in my offline network.
I can point to a few cases where I have got a piece of highly useful advice (or a contact) from someone in my eclectic network who I never thought would have the intelligence or access otherwise.
The upside of adding people is that I can always remove them if needed:-)
take care,
Akhil
- 29 Aug 2006, 12:26 pm
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Post visible to registered members
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Nigel Stonham Premium Member Group moderatorThe company name is only visible to registered members.Re: Tips on building your trusted network
personally, i am open and trusting.
i welcome new friends and make them quickly (both online and face to face) , and have developed some questioning techniques to get to know people a little better without beating around the bush. i find i gel with some people very quickly, and i confuse others, so i tend to stick with those in the first group.
i generally trust people as far as i know them, and am rarely let down. in what i do, there is no huge risk, so speed and trust works well for me. if i had millions at stake, i would re-consider, but probably stick with the same general approach
so - i make new friends, they can become good friends, i have old friends and i have some ex-friends. some friends become trusted partners and we look to do business together... i also run a group called "friends of friends" which of course cuts down risk as most people are firstly friends of others and thereby have a personal recomendation attached!
Anju Rupal wrote:
Do you trust your own network?
- 21 Dec 2006, 9:41 pm
