Mostly I write about what I learn reading or listening to others. This article I figured out myself. Business networking groups don't work anymore. Lead Groups, BNI Clubs, Juntas, Mastermind Groups, Chamber of Commerce Lead Meetings, all a bunch of useless timewasters.
I get how these are supposed to work. I have been a part of two very successful groups, but these were back in the 1980s and 1990s. I understand that "givers gain" and "you have to put time in and build relatinships" before you profit from belonging. And when I bring up the issue, I am seen as someone who feels "entitled" to business and only looking to "get". This is not the case with me at all.
People joing these groups to get introduced and referred to their ideal clients. You will not have success with networking groups and here is why:
1. Most people who participate in these types of groups do not have any clients to refer you to in the first place.
2. If they do actually have a few ideal clients, they do not have enough control to introduce you, becasue they were referred by someone else.
3. If you are fortunate enough to meet someone at one of these meetings who has good clients and control of them, they do not know how (or are not willing) to introduce you.
4. If you are thinking, "Sorry, Chris, you must not be in any good groups," well, even if you are in a good group, the good people are in several of these groups and your chance for a good referral is reduced.
I think modern technology killed these groups. In the old days, you had to go and meet someone to network with them and the personal interaction led to meaningful relationships. Today, you can email, Facebook, go on LInkedIn, and what all else, people are way too connected. Their relationships are shallow and there's a lot of noise and little communication.
Even Keith Ferarri says that he was wrong when he wrote Never Eat Alone. He says now that it is not about having a tremendous Rolodex with 1000s of contacts. It is about having 3 or 4 close relationships of people you can count on, hence the name of his new book Who's Got Your Back?