Friday, November 2, 2018

GROWING SOCIAL CAPITAL

DOMAIN EXPERT
Dan – Has worked in sales for many years. We met out in Utah when we were doing door to door sales for a Satellite distributor. Dan has his own small business where he does much of the same type of business I would be doing. He contacts Sales companies and helps them optimize their performance mainly by using different apps and bringing on his sales force. He also does most of the sales in that region for a couple big TV providers as his own authorized retailer.  I worked for Dan for a little while doing sales for his company. He was eager to share some advice for my business idea. Main thing I got out of our exchange was how to set these meetings up with these owners and continue to follow up until I can get a one on one sit down with them and build relationships with them. Although he does different work then I would like to do the business model is the same. He is a valuable help to have in my network as he already has his own business and can help me with the overall business side of things.

MARKET EXPERT
Marjorie – Does social media marketing for small businesses. She started with her Facebook page and acquired a nice following from reviewing different makeup products. She has transitioned to all thing’s social media, especially helping small business grow their social media platforms and creating ads for them and training them on how to have more success with their ads. Marjorie was one of my youth camp teachers a long time ago and we have stayed friends on Facebook. I messaged her on Facebook and asked her some advice about social media advertising and she was happy to share her thoughts. One big take away I got was she said her page didn’t really start taking off until she started being more genuine and really speaking her mind and posting things that she was really passionate about. She says it is all about being real and vulnerable and showing others the truth about your company or yourself. 

INDUSTRY SUPPLIER
Shannon – is one of the managers for a meal prep company out west. She provides prepared meals for a lot of the CrossFit gyms in the area. The CrossFit gyms refer their members to her and she provides a certain discount or percent to the gym. She has the knowledge I am looking to get about how to do business with these gyms, what are good practices, what are bad practices to stay away from, and more importantly how to close deals with them. I got in contact with her when I was on a Sales trip to Arizona. I wanted healthy prepared meals for the month I would be there so the gym I was working out at referred me to her company.  The meals they prepared were amazing and their customer service was great. She would also be a huge help for me in providing tips on how to sell to these gyms and how to get the word out about my service. She was happy to provide some advice for me through email, but she is a contact that I will have to continue to build a closer relationship with if I want it to yield good results. 

This was an awesome assignment. I enjoy networking and asking others for advice and guidance. I have realized that there are many people out there ready to help especially experienced entrepreneurs. I was surprised by how some of these people I had either not spoken to in a very long time or had barely known each other and they were still willing to help and provide their expertise. I think at a lot of networking events I am usually trying to find a way to provide my idea to others that can help me exploit the opportunity where as this assignment was more of learning form others that are in similar industries as id like to be in. Definitely a game changer for me as far as how I approach networking in the future.



4 comments:

  1. Lucas,

    There is one thing I have experienced among successful people, especially entrepreneurs, is that they enjoy mentoring and helping others to become better and successful. I also find it difficult to listen, due to talking so much. I have worked on my listen skills, but similar to you I have found myself listen more when learning from others. Networking is a powerful tool when it is reciprocal in nature. Also I can sense the pleasure you have from this assignment. Keep grinding.

    Tony

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  2. Hey Lucas,

    I couldn't agree with you more on how this assignment stood out. It was at least refreshing for me to being asking for others opinions and meeting for the purpose of receiving advice. Typically I'd find myself meeting for the purpose of demonstrating what I have instead of for building up the idea with the help of someone more experienced. I'm happy it seems to have encouraged you as much as it encouraged me.

    Roberto

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  3. Lucas,

    I also really enjoyed this assignment as I spoke to a lot of people who know so much. You first one the "domain expert" seems like he could really help you out with developing relationships with your customers. I wasn't surprised that the people I talked to were interested in talking about my idea because I have built great relationships with them and they love that I am so interested. It is amazing how people are willing to help so much if you just show some interest which I can tell you have. Good work!

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  4. Hey Lucas,

    I find it great that there are many individuals in this society that are willing to help you when you ask. It shows how much people care for one another and want to see you grow. I would definitely stay close to your domain expert since he has started his own business and you can learn vast amounts of tips from him. If possible, try to see if you can do a partnership with him or some type of trade that will allow you to get free resources to grow your business. Try taking a look into it.

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