Networking is one of the biggest assets for Entrepreneurs. Networking is not about gaining clients or trading information, it’s a long-term relationship with mutual benefits.. It helps you to stand at the top of the latest trends in your industry. Through networking you can meet prospective mentors, partners where you can get help to start your own business, better access to investors and the necessary resources that will foster your career development. Networking can be a powerful tool for your professional development as it could save your time, effort and stress.
For 78% of startups, networking is the key to entrepreneurial success. Source: Forbes
Networking in Social Media – LinkedIn
LinkedIn is the world’s largest professional networking platform. It’s also one of the most influential social media networks, with more than 660+ million members in 2020. That’s a lot of potential contacts! Professionals use Linkedin to keep in touch with business associates, clients and co-workers. It also enables you to network with people and professional organizations in your industry. LinkedIn opens up even more networking opportunities. Hence make your profile stand out, connect with people & interact and strengthen your network.
Benefits of Networking in the long run
New People & New Learning:
Never say no to new people when they wish to connect with you. They can turn to be a valuable resource for you in your entrepreneurial journey. No matter how experienced you are, networking will expose you to different backgrounds and provide you with new learnings. You should also think about how you can contribute to their success and in addition how you stand to benefit from their skills and experience. Wherever and whenever possible offer support and guidance to others, in the long run that might be able to reciprocate.
Market Your Business:
When you have a new product or services, share it with your network and ask them for feedback and support. They can even referral your product or service to their network. The power of word of mouth can be more effective than the most targeted Facebook ads.
How Yutry helps you in Networking?
Business acceleration programmes and incubators offer great pools of mentors and advisors. You can join the acceleration program to reach out to mentors and advisors who can guide you and help you in growing your business and ideas. Yutry conducts “Big Idea Challenge Competition” every year to stimulate the Entrepreneurial spirit among the students. The conference is designed in such a way to provide lots of learning, interaction, competition and networking. The shortlisted participants can present their startup ideas in the conference. The various rounds and interactions with the successful Entrepreneurs enable students to discover their entrepreneurial potential. Winners will get guidance from the Yutry committee to start their venture, networking opportunities, funding related guidance and many more.
Entrepreneurs who build a supportive network are better equipped to overcome obstacles and achieve their startup goals. What are you waiting for? Check out the acceleration programs and business events around you and join those to find networking opportunities and strengthen your brand and business.