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Posts in Chapter 20: Strength of Your Ties

11/28/2007

The Power of Google Alerts

Today I got a nice email from Scott Meyer, President & CEO of About.com. The headline read "Great post on 5 years with About", and was thanking me for the post I wrote earlier this week to commemorate my 5th anniversary as an About.com Guide, 5 Things I’ve Learned in 5 Years at About.com. It was a brief note, but had enough specifics in it to show that he had actually read it. It also had the familiar tell-tale signs that he had probably gotten the notification via Google Alerts. I’m guessing he has an alert set on "About.com" and scans those headlines daily.

This got me thinking about a couple of things.

First of all, just think about the tremendous networking power rolled up in that one simple practice. He stays up-to-date on what people are saying about his company, and prompted by the alert, in a matter of just a couple of minutes, he was able to reach out to me in a meaningful way, show his appreciation, and just make me aware that yes, he really does care and pay attention to what us 700+ Guides are doing.

Think of the power of that in your business. Rather than getting caught up in the incestuous fishbowls that some online discussion groups can turn into, what would happen if you spent some of that time looking for new conversations going on about your business, your industry or perhaps a cause you support?

It also made me wonder… how many other CEOs do the same thing, using these freely available tools to keep up with the buzz about their company? I’m thinking probably not nearly enough.

1/7/2007

I Made the Dean’s List

My friend Dean Hua just did something really cool… he put me on The Dean’s List.

Now, I’m not posting about this as an ego thing for me — I’m posting because I think it’s a really, really cool relationship-building thing to do. What a great way to strengthen relationships — to make a public acknowledgment to people who have made a difference in your life, whether recently or long-term.

This would be a good blog meme.

8/16/2006

Granovetter’s Weak Ties - How Weak Is Weak?

Many business users of social networking sites have heard Mark Granovetter’s 1973 paper, The Strength of Weak Ties, which concluded that “weak ties”, rather than “strong ties”, were more helpful in finding a job. This is often used as an argument to justify connecting with as many people as possible in social networking sites, even with no more interaction than the connection request and its acceptance.

Granovetter’s study is great, but we have to know what the definition of a “weak tie” is that he was using for the purposes of his study. We can’t make our own interpretation of “weak tie” and then use his paper to justify our actions if we’re not using the same definition of “weak tie”.

So what does Granovetter himself say?

It is sufficient for the present purpose if most of us can agree, on a rough intuitive basis, whether a given tie is strong, weak, or absent. [Unfortunately, he was apparently wrong, as people actually don’t seem to be able to agree.] […] Included in ‘absent’ are both the lack of any relationship and ties without substantial significance, such as a ‘nodding’ relationship between people living on the same street, or the ‘tie’ to the vendor from whom one customarily buys a morning newspaper. That two people ‘know’ each other by name need not move their relationship out of this category if their interaction is negligible.

Every single person you meet doesn’t elevate even to the level of “weak” in his definition, nor do people whose “interaction is negligible”. No interaction = no tie.

Let’s look at what another expert has had to say on the topic. Valdis Krebs is one of the world’s top experts in Social Network Analysis (SNA) – the creator of InFlow, a software tool used for analyzing relationships within organizations to help teams improve their effectiveness.

From a March 2004 InfoWorld interview, Capitalizing on Communication:

IW: These projects were about strengthening ties within groups. Where does Stanford University Sociology Professor Mark Granovetter’s “strength of weak ties” idea fit in?

VK: People have a wrong impression about what a weak tie is. It’s not just a casual acquaintance. A weak tie used to be a strong tie; there was trust and shared knowledge. If I go to a conference today and meet somebody new, people will say “That’s a weak tie.” I say no, it’s an acquaintance tie. But if I also run into Peter from Disney, who I used to work with, that’s a weak tie that can be reactivated. A lot of Granovetter’s research on weak ties was based on people who had known each other better before.

Your “weak ties”, as referenced in the Granovetter study, are exactly the people a tool like LinkedIn is designed to help you stay connected with and leverage your relationships with. It’s former co-workers, customers, vendors, schoolmates. Those are weak ties as Granovetter defined them. You don’t need LinkedIn to manage your truly strong ties, because you interact with them every day/week/month.

I’m not saying there’s no value in those “weaker than weak” ties, aka “acquaintance ties”. Yes, some of those can become the weak ties that lead to real value. But to raise them to the point of real valuable — to action, not just presence — generally requires more interaction than just mutual consent to be in each other’s database.

But I do hope people will stop using Granovetter to justify their own “light linking” behavior. It’s a complete distortion of the findings of his study if you’re not using the same definition of “weak ties” that he did.

4/9/2006

The Mourning Began By E-mail

Boston Globe senior business editor Mark Pothier share his experience of e-grieving. If you’re one of those holdouts who still thinks that e-mail is cold and unemotional, read this:

It occurred to me that a means of communication often derided for being impersonal and casual to the point of carelessness somehow suited this sorrowful occasion. For me, e-mailed sympathy had become acceptable. These electronic notes conveyed genuine emotions. Consoling by computer was fast and effective - perfectly normal. The thoughts people tapped out on keyboards did not strike me as a way for them to avoid the process of composing a handwritten note, addressing an envelope, and affixing a stamp to it. They responded electronically because they cared. E-mail offered an immediacy not possible through the US mail and a level of intimacy that can be difficult to achieve by phone, especially when one or both parties is in a workplace.

11/21/2005

Mastermind Group Operating Manual

This is the draft operating Manual for “Junto 2.0″, a MasterMind group based in the New York tri-state area. To learn what a Mastermind group is and how it works, continue reading…


Junto 2.0
DRAFT MasterMind Group Operating Manual
by David Teten and Kaushal B. Majmudar

Outline of Manual

I. Introduction
II. Objectives
III. Benefits
IV. How Does It Work?
V. Requirements for Entry
VI. Process for Joining
VII. Meeting Rules
VIII. Suggested Meeting Structure (Subject to Modification)
IX. Sample Meeting Topics
X. How to Exit
XI. Appendix 1: Ben Franklin’s Junto Society
XII. Appendix 2: Thoughts on cooperation from George Lucas
XIII. About the Authors

I. Introduction

This is the draft operating Manual for “Junto 2.0″, a MasterMind group based in the New York tri-state area. David Teten and Kaushal B. Majmudar have been working together to create this new group.

Jo Condrill’s definition of a Mastermind group: “A master-mind group consists of [a small team of] people who work together in absolute harmony to achieve diverse goals. While these people work in harmony, they may be very different from each other. The common element is that each draws something from the others, and each contributes freely to the group. It is the focusing of each mind on a common issue that triggers thoughts not readily available to one mind. Those in the group draw upon their unique experiences and specialized knowledge to help each other. When many minds concentrate on a single point, the activity generates a power over and above the sum total of each of the individual minds. It is as though an invisible force joins the group and provides additional insight. Personally, I have used the master-mind concept with amazing results — first to advance my career and later to lead a group of volunteers to achieve remarkable results, ranking number one in a worldwide organization, Toastmasters International.” (source) Napoleon Hill, author of Think and Grow Rich, is widely credited with popularizing the concept. For more background, see also this summary from the “NYC Junto”: http://www.nycjunto.com/whatisjunto.htm .

Our motivations in creating this group: primarily, to accelerate our success and personal efficacy in achieving our goals. Anthony Robbins once remarked that only about 5% of his audiences actually acts to implement and benefit from any of his teachings on how to achieve personal and professional success. Many books on success emphasize the value of creating a mastermind group (perhaps using some variant of the term). We decided to actually implement the idea that so many experts recommend. We were also motivated by some bloggers who also are active in Mastermind groups, including the prolific Steve Rubel.

We are posting this manual on the Web in an attempt to gather constructive feedback and share the results of our brainstorming and collaboration with other likeminded individuals elsewhere in the world. Everything herein is a work in process, and is thereby subject to discussion and modification as we receive feedback and as other members of the group provide input or suggestions.

II. Objectives

A. “Create access to advice, counsel, and personal cooperation of a group of people who are willing to lend each other wholehearted aid in a spirit of perfect harmony” (source: Think and Grow Rich, by Napoleon Hill)
B. Share best practices and resources
C. Work on self-awareness and self-improvement
D. Create synergies and new possibilities: “No two minds ever come together without, thereby, creating a third invisible intangible force which may be likened to a third mind” (source)


III. Benefits

A. Accelerate your personal and professional progress
B. An instant and valuable support community of peers and friends
C. Give back to your peers and to society


IV. How Does It Work?

A. Monthly meeting to be held for 2 to 2.5 hours, typically over lunch or dinner
B. Absolute maximum of 10 members
C. Rotate facilitation — each month has a new leader/note-taker for accountability
D. Occasional special training and learning sessions (possibly with invited speakers)
E. Group will meet in a mutually convenient place (can alternate geographically if to makes sense to do so)
F. Diversity of group is important. Strongly prefer representatives from diversity of occupations: entrepreneur, investment banker/asset manager, policy, legal, media, operating executive at large company, physician, politician, academic. We also strongly prefer diversity across race, religion, etc.
G. Use confidential Yahoo! Group for online communication
H. Democratic Process: everything about the group is subject to scrutiny, discussion and modification by vote of majority of members in the group.


V. Requirements for Entry

A. Nominated by existing member.
B. Within driving or commuting distance of group meeting locations (in our case in the New York Tri-state area).
C. Has a compatible current level of career and professional achievements and aspirations. Some evidence of being a significant achiever in chosen field. Potential to be at the top of their chosen profession or business.
D. Thoughtful and analytical.
E. Has the desire and inspiration to make this year, decade, and life extraordinary. Has an “internal locus of control”: knows he/she is ultimately responsible for his/her own success. Ready to let their desire to be passionate about their life and work overcome their fear of change.
F. Is an active listener. Responds well to, and acts on, feedback. Open-minded.
G. Wants to win based on values; has a greater purpose. Cares about and wants to give back to their community and society
H. Realizes that cooperation is far more powerful than competition, i.e., people who are committed to helping others succeed. Has an abundance mentality. Understands and cares about what drives his/her partners’ businesses.
I. Ideally, not working in the same industry as any current member, and with a significantly different personal background than every other current member.
J. Enthusiastic about participating with intent to actively participate in the group and attend meetings in person (commits to provide advanced notice to other members in case absence is unavoidable in a given instance)


VI. Process for Joining

A. Nominated by existing member of the group
B. Submit resume and statement of personal goals (1, 5, and 20 years)
C. Interview and approval by all existing group members


VII. Meeting Rules

A. Better to give than to receive (but the law of reciprocity works – give that which you would like to get)
B. Try to emphasize solutions, encouragement and pointing out possibilities vs. focusing on problems, criticism, and pointing out hurdles
C. Share time, ideas, and best practices, but don’t dominate
D. Listen actively and intently with a desire to understand. “Seek first to understand, then to be understood.” (Source: Steven Covey)
E. Maintain confidentiality. No one outside the group (not even life partners/spouses) should have access to any information about what is discussed by other members of the group, particularly the personal information of individual members. It is OK to share best practices and ideas that you have learned with others.
F. No putting down, arguing with, or directly contradicting other speakers. All discussions should be conducted “without fondness for dispute or desire of victory.” “All expressions of positiveness of opinion or direct contradiction are prohibited.”(Source: Ben Franklin).
G. Mutual respect and supportive environment to be maintained at all times


VIII. Suggested Meeting Structure (Subject to Modification)

A. Brief (one to three minutes) check-in by each member. Start with the best/most positive thing to happen since last meeting.
B. Book report by one member - distribute 1-2 page summary of book and lead discussion (15 to 20 minutes)
C. Person I admire report by one member – distribute 1-2 page summary of person’s life and what can be learned from him/her (15 to 20 minutes)
D. Update and ask. Each person must state a goal they will have accomplished by the next month’s meeting and review how they did on last month’s goal. Members can also share issues/problems they are currently grappling with and ask for help/suggestions from the group to unlock strategies, resources, etc. that might be helpful in overcoming these obstacles. (5 minutes each)
E. Free discussion time – discuss one question or topic of the day (e.g. see questions below) (30 to 40 minutes)
F. Distribute notes/highlights from the meeting to those (rare members) not in attendance, but who are committed members of this group


IX. Sample Meeting Topics

A. What is the function by which we should measure our life’s actions? Proposed formula:

Maximize: (Power * Money * Health * Spiritual Growth * Community Impact * Family Strength * Friend Strength) / Age,

subject to constraints of: ethics, law, and resources

B. Accountability Sessions (potentially a recurring topic): Each person to ask and answer the following questions: What are my most cherished goals for this coming decade, year, and month? What concrete steps have I taken to realize these goals? What are the steps that I should take, but have not yet done so to advance in the direction of my goals? Why have I not taken these steps and when do I commit to start? - group participants to ask and HONESTLY answer these questions once in a while in front of the entire group to encourage each of them to realize and take corrective action, but in a more self empowering and positive way than if it were to come in the form of critique from others.
C. Play the Game, a success technology developed by Sarano Kelley.
D. Learning about Thinking Sessions/Thinking Partners (See book: Time to Think by Nancy Klein).


X. How to Exit

A. Member no longer wants to be a part of the group (voluntary exit).
B. Member fails to attend 2 meetings in a row without advance notice AND good cause.
C. Consistent failure to participate in or contribute to the group, as noted by one or more current members.
D. If there is a consensus among more than 66% of the members that you should not remain in the group for any reason.


XI. Appendix 1: Ben Franklin’s Junto Society

Source: Ben Franklin’s biography, by Walter Isaacson

“Ben Franklin was the consummate networker. He liked to mix his civic life with his social one, and he merrily leveraged both to further his business life. This approach was displayed when he formed a club of young workingmen in the fall of 1727, shortly after his return to Philadelphia that was commonly called the Leather Apron Club and officially dubbed The Junto. Franklin’s small club was composed of enterprising tradesmen and artisans, rather than the social elite who had their own fancier gentlemen’s clubs.

At first the members went to a local tavern for their Friday evening meetings, but soon they were able to rent a house of their own. There they discussed issues of the day, debated philosophical topics, devised schemes for self-improvement, and formed a network for the furtherance of their own careers. Franklin’s Junto initially had 12 young members. Besides being amiable club mates, the Junto members often proved helpful to one another personally and professionally.

The tone Franklin set for Junto meetings was earnest. Initiates were required to stand, lay their hand on their breast and answer properly four questions: 1.) Do you have disrespect for any current member? 2.) Do you love mankind in general regardless of religion or profession? (Editor: add race, for the modern context) 3.) Do you feel people should ever be punished because of their opinions? 4.) Do you love and pursue truth for its own sake?

The pursuit of topics through soft Socratic inquiry became the preferred style of Junto meetings. Discussions were to be conducted ‘without fondness for dispute or desire of victory.’ All expressions of positiveness of opinion or direct contradiction were prohibited under small pecuniary penalties. Though the youngest member, Franklin was by dint of his intellectual charisma and conversational charm not only its founder but driving force.

The topics discussed ranged from the scientific to the metaphysical. E.g. Did importing indentured servants make America more prosperous? What is wisdom? In addition to such topics of debate, In Franklin’s original Junto, the members used as a guide a series of 24 questions, such as:
1. Have you met with anything in the author you last read, remarkable or suitable to be communicated to the Junto, particularly in history, morality, poetry, physic, travels, mechanic arts, or other parts of knowledge?
2. What new story have you lately heard agreeable for telling in conversation?
3. Hath any citizen in your knowledge failed in his business lately, and what have you heard of the cause?
4. Have you lately heard of any citizen’s thriving well, and by what means?
5. Have you lately heard how any present rich man, here or elsewhere, got his estate?
6. Do you know of any fellow citizen who has lately done a worthy action deserving praise and imitation?
7. What unhappy effects of intemperance have you lately heard; of imprudence, of passion, or of any other folly or vice? What happy effects of temperance, of prudence, of moderation, or of any other virtue?
8. Do you think of anything at present in which the Junto may be serviceable to mankind?
9. Have you any weighty affairs in hand in which you think the advice of the Junto may be of service? In what manner can the Junto, or any of them, assist of in any of your honorable designs?
10. What is the most interesting or unusual thing you have read, seen, or heard about in the last month? What is the most potentially dangerous or harmful? The most beneficial? The most significant for the people here today?
11. What can we learn from world events today? Has there been any notable failure or success, financial, political, or otherwise, from which we can gain insight and understanding?
12. Can a man or woman arrive at perfection in this life? What is the proper balance between idealism and pragmatism in our existence? (Franklin’s own question)
13. How can we judge the goodness of art, music, drama or literature?
14. Is science compatible with religion? What is the appropriate role of religion in our lives, if any?
15. What is the most important political issue facing this country in the next five years?
16. Have you lately observed any defect in the laws of your country of which it would be proper to move the legislature for an amendment?
17. Has anybody attacked your reputation lately and what can the Junto do toward securing it?
18. Is there any man whose friendship you want and which the Junto or any of them can procure for you?
19. Whom do you respect most? Why?
20. In what manner can the Junto or any of them assist you in any of your honorable designs?”
Franklin was in turn influenced by Daniel Dafoe’s essay “Friendly Societies” and John Locke’s “Rules of a Society which Met Once A Week for the Improvement of Useful Knowledge”


XII. Appendix 2: Thoughts on cooperation from George Lucas

Source: interview at Academy of Achievement at www.achievement.org, in response to the following question: “You mentioned the words “communal” and “connecting.” Your generation of the top film makers all seem to be friends. How did you band together in a field that is so competitive?”

George Lucas: “I think that’s the advantage that my generation has. When we were in film school and we were starting in the film business, the door was absolutely locked. There was a very, very high wall, and nobody got in.

All of us beggars and scroungers down at the front gate decided that if we didn’t band together, we wouldn’t survive. If one could make it, that one would help all the others make it. And we would continue to help each other. So we banded together. That’s how the cavemen figured it out. Any society starts that way.

Any society begins by realizing that together, by helping each other, you can survive better than if you fight each other and compete with each other.

Farming cultures started this way, and the first hunting cultures started this way. Everything started in city-states. We have a tendency to lose it when we forget that, as a group, we are stronger than we are as individuals. We start to think we want everything for ourselves and we don’t want to help anybody else. We want to succeed, but we don’t want anybody else to succeed, because we want to be the winner. Once you get that mentality — which is unfortunately the way a lot of the society operates — you lose. You can’t possibly win that way. Part of the reason my friends and I became successful is that we were always helping each other.

If I got a job, I would help somebody else get a job. If somebody got more successful than me, it was partly my success. My success wasn’t based on how I could push down everyone around me. My success was based on how much I could push everybody up. And eventually their success was the same way. And in the process they pushed me up, and I pushed them up, and we kept doing that, and we still do that.

Even though we all have, in essence, competing companies, if my friends succeed, then everybody succeeds. So that’s the key to it, to have everybody succeed, not to gloat over somebody else’s failure.

We continue to do that, and we do it with younger filmmakers. There’s no way of getting through any kind of endeavor without help from friends. And trying to be the number one person, ultimately, is a losing proposition. You need peers, you need people who are at the same level you are. You never know in life when you’re going to need help, and you never know who you’re going to need it from.

One of the basic motifs in fairy tales is that you find the poor and unfortunate along the side of the road, and when they beg for help, if you give it to them, you end up succeeding. If you don’t give it to them, you end up being turned into a frog or something. It’s a concept that’s been around for thousands of years. It is even more necessary today, when people are more into their own aggrandizement than they are in helping other people. I don’t think there’s anyone who’s become successful who doesn’t understand how important it is to be part of a larger community, to help other people in larger communities, to give back to the community.”


XIII. About the Authors

David Teten is CEO of Nitron Advisors, an independent research firm that provides institutional investors with access to frontline industry experts. He is coauthor of The Virtual Handshake: Opening Doors and Closing Deals Online, the first mass market book on online networks and social software. He runs TheVirtualHandshake.com resource site, co-writes a column for FastCompany.com, and writes a personal blog, Brain Food. David holds a Harvard MBA and a Yale BA.

Kaushal Majmudar
, JD, CFA – Kaushal is President and Portfolio Manager of The Ridgewood Group, a value oriented money management firm based in Short Hills, NJ, that runs managed accounts and hedge fund investments for individuals and institutions. Kaushal was previously an investment banker at Merrill Lynch and Lehman Brothers. He is co-author of “Create the Business Breakthrough You Want: Secrets and Strategies from the World’s Greatest Mentors” and is working on his second book. Kaushal holds a JD with honors from Harvard Law School and a BS from Columbia University.

3/30/2005

Selective vs. promiscuous linking

One of the great dilemmas of online networks is what does a ‘link’ mean? Orkut offers several levels of ‘friendship’, whereas Friendster and LinkedIn just offer the binary option: yes i am your friend, no I am not. In several conversations with the LinkedIn team, I have heard them say very strongly that they want to promote a culture in which linking is meaningful–it indicates that you would actually pass on a request from the person to whom you link. Which, after all, is the whole point of LinkedIn and similar systems.

I agree 100% with this. When I get link requests from people I barely know, my standard response is:

I’m sorry, but I have a policy of not linking to anyone on LinkedIn with whom I haven’t developed some sort of significant business/personal relationship. This is nothing personal against you; this is a general policy I have to prevent me from getting deluged with requests and to keep consistent with the LinkedIn philosophy. I’m happy to get to know you in other contexts. I hope everything is well with you!

However, cultural realities — the desire to appear more popular and connected—may make it hard for LinkedIn to hold by this idealistic position. On their home page is this ad:

Get Exposure with CV Advantage
Is your resume lost in a sea of 1-2 page resumes?

Which leads to http://cv-advantage.com/CVA_LinkedIn/
, which says on it:

Don’t forget to send us LinkedIn invitations if we’re not already connected!

This is an invitation to the most promiscuous possible linking. If LinkedIn wants to make their system functional, and not have it drown in a sea of spam and unwanted requests, I suggest they make a stronger effort to discourage this sort of approach.

Which leads to a broader question: how can LinkedIn and similar systems create a culture and design a system to prevent such activities? by imposing a maximum number of connections? by grading people on % of requests which they accept? other?

11/20/2004

Trust and Transactions, Numbers and Strength

Ross Mayfield writes:

At dinner tonight I had an interesting conversation about the difference between Americans and Europeans. One theory put forth is that Americans focus on transaction volume and efficiency while Europeans focus on the strength of relationships. With enough transactions you gain economies. With trust underpinning transactions, you gain similar economies. Its hard to say which system is “better.”

This reminds me of what we wrote in Balancing strength of relationships and number of relationships:

You can spend all of your time with your close friends and family (Strong ties with those people, but a low Number of relationships), or spread yourself thin across a wide number of people (high Number, low Strength). However, maintaining both high Strength and high Number is physically impossible.

How do you optimize the value of your network? How can you find the proper balance between Strength and Number?

The way to optimize the value of your network is to determine the necessary level of Strength required to accomplish your goals, and then maximize Number at that level. For example, if you are selling investment banking or strategic consulting services, you need a high Strength level for someone to buy your services. These are big-ticket items which require a high level of trust in their provider. Your Number will likely be small. Ideally, you have a small Number of close relationships with senior executives who are in a position to buy these services.

You may be tempted to try to meet everyone in your golf club. In most cases, it is unproductive and even impossible to build relationships with everyone there. Instead, develop a substantial relationship with the top 30 most Relevant to you.

However: if you are trying to sell books or food, your Strength can be much lower but your Number has to be much higher. Movie stars mainly make money by selling people the chance to watch a movie for $5 - $10 per view. They try to have ties with as many fans as possible. Spending an hour with just one fan is unnecessary and inefficient for them; they want weak ties. Similarly, a restaurant owner should build a large number of weak ties and encourage those weak ties to try her restaurant. Once the weak ties try the restaurant, the quality of the restaurant itself will probably drive any repeat business.

There is no one right solution overall; your needs will likely be different from one context to another. For example, the movie star will want to develop Strong ties with producers and directors. Also, you may be able to leverage the weak connections of your Strong ties. The restaurant owner should build closer relationships with high-profile customers, party planners, and group or association leaders. They could bring in significant groups of people, as well as referring people from within their own large networks.

This tension is why it is so important to develop strategies that allow you to increase either Strength or Number without more demands on your time. Building a large mailing list allows you to increase the Number without spending significant additional time. Learning to write more effective emails will help you increase the Strength of your ties without spending too much time on those relationships, beyond the initial cost of learning the new skill.

The ideal network has a large Number of heterogeneous people who think highly of you and with whom you are well bonded. That is the power of university and corporate alumni communities. Using the online member databases, you can easily access people in any industry and region of the world. Once you approach a fellow member, who may be from a totally different background than you, you have an immediate bond by virtue of the common background. In addition, this principle explains the value of “Outward Bound” expeditions, Ropes Courses, and other similar programs. These retreats all promote quick bonding between participants (immediate Strength).

8/31/2004

Strategically managing your network, vs. damaging your network

“If people like you they’ll listen to you, but if they trust you they’ll do business with you.”- Zig Ziglar

We are providing a tool kit on this site to manage your network strategically. However, we acknowledge there is a clear tension between managing your network strategically, and managing your network successfully.

Let us say you meet someone at a conference:

You: “Hi! I’m Fran Greensmith with SFA Software. How are you?”
Wai: “I’m fine. I’m Wai Ching, with ENC Corp.”
You: “I sell sales force analysis software. I noticed that you’re a salesperson. Are you in a position at ENC to make buying decisions about software?”
Wai: “Go away.”

When you make it crystal clear that you are only interested in someone because they can help you, you damage the relationship. You first have to take some basic steps to build a relationship with that person.

This is why the best relationship building does not take place at “networking” functions; it happens at meetings, conferences, online communities, and other venues where the people are united by a common goal other than meeting one another. A common problem with self-described “networking functions” is that most attendees are explicitly focused on meeting new people to achieve immediate professional goals: a sales lead, a new job, an executive to hire, and so on. When people are primarily focused on, “What’s in it for me?”, and “How can you help me?”, they are usually so self-centered that it is difficult to build a strong relationship with them. They are so busy listening to radio station WII-FM (“What’s In It For Me?”) that they cannot hear you.

By contrast, an event or online venue that brings together people with an altruistic goal and a common interest other than themselves may be more effective. Conversations tend to focus initially on the common charitable endeavor, rather than “What do you do for a living?” Once you make the bond—you both care about raising money for orphans in Africa—the conversation will naturally evolve towards other topics that are of business interest.

How can you resolve this tension between strategically managing your network, and not being perceived as exploitive? We think that the resolution is first, having the right goals, and second, sincerity.

For example, you are a car salesman, and you meet Nina, a new college graduate who just moved to town. You will be a much more effective salesperson if you sincerely like and want to help Nina. We suggest: offer to help Nina find a good deal on an apartment, mention in passing that you are a car salesman, and say that you would be happy to give her a loaner for 2 days while she looks for an apartment.

If you are insincere, Nina will sense it. But if you are sincerely looking out for her best interests, you can be explicit about your (legitimate) business goals, and you have a shot at selling her a car.

The best way to avoid the smell of insincerity: build your genuine desire to help people. Aristotle wrote, “We are what we repeatedly do. Excellence, then, is not an act, but a habit.” If you lack the character trait of lovingkindness, the sincere desire to be of service to others, then the best way to overcome it is simply to do it. Be kinder to people, and you will be a kinder person.

As Stephen Covey observed in Seven Habits of Highly Successful People, much of modern success literature is focused on the superficial, e.g., how to appear friendly. You will do better to focus on building your character.

What do you think? How can you manage the tension between strategically and pro-actively managing your network, while at the same time not making people feel “used”? We would very much like to hear your feedback.

6/2/2004

Balancing strength of relationships and number of relationships

You can spend all of your time with your close friends and family (Strong ties with those people, but a low Number of relationships), or spread yourself thin across a wide number of people (high Number, low Strength). However, maintaining both high Strength and high Number is physically impossible.
How do you optimize the value of your network? How can you find the proper balance between Strength and Number?

The way to optimize the value of your network is to determine the necessary level of Strength required to accomplish your goals, and then maximize Number at that level. For example, if you are selling investment banking or strategic consulting services, you need a high Strength level for someone to buy your services. These are big-ticket items which require a high level of trust in their provider. Your Number will likely be small. Ideally, you have a small Number of close relationships with senior executives who are in a position to buy these services.

You may be tempted to try to meet everyone in your golf club. In most cases, it is unproductive and even impossible to build relationships with everyone there. Instead, develop a substantial relationship with the top 30 most Relevant to you.

However: if you are trying to sell books or food, your Strength can be much lower but your Number has to be much higher. Movie stars mainly make money by selling people the chance to watch a movie for $5 - $10 per view. They try to have ties with as many fans as possible. Spending an hour with just one fan is unnecessary and inefficient for them; they want weak ties. Similarly, a restaurant owner should build a large number of weak ties and encourage those weak ties to try her restaurant. Once the weak ties try the restaurant, the quality of the restaurant itself will probably drive any repeat business.

There is no one right solution overall; your needs will likely be different from one context to another. For example, the movie star will want to develop Strong ties with producers and directors. Also, you may be able to leverage the weak connections of your Strong ties. The restaurant owner should build closer relationships with high-profile customers, party planners, and group or association leaders. They could bring in significant groups of people, as well as referring people from within their own large networks.

This tension is why it is so important to develop strategies that allow you to increase either Strength or Number without more demands on your time. Building a large mailing list allows you to increase the Number without spending significant additional time. Learning to write more effective emails will help you increase the Strength of your ties without spending too much time on those relationships, beyond the initial cost of learning the new skill.

The ideal network has a large Number of heterogeneous people who think highly of you and with whom you are well bonded. That is the power of university and corporate alumni communities. Using the online member databases, you can easily access people in any industry and region of the world. Once you approach a fellow member, who may be from a totally different background than you, you have an immediate bond by virtue of the common background. In addition, this principle explains the value of “Outward Bound” expeditions, Ropes Courses, and other similar programs. These retreats all promote quick bonding between participants (immediate Strength).

5/25/2004

What distinguishes a strong tie from a weak tie?

In analyzing relationships between people: What distinguishes a strong tie from a weak tie?

- Age of the relationship. Have you known the person for a long time?
- Frequency of contact. The amount of time you two spend together.
- Emotional attachment. Do you care about the other person?
- Reciprocity. Do you regularly do random acts of kindness for your tie, and do they regularly do random acts of kindness for you?
- Kinship. Even if you do not see your cousin very often, you still likely have a strong tie to him because of your family bond.

Weak ties are usually only activated for a specific purpose, rather than being part of a multi-layered emotional relationship. The manager of your corporate mail room is likely a weak tie to you. You interact with her because you need something from her; you need your package weighed. You usually do not interact with her except for that purpose.

Although your weak ties can produce great value, it is typically the strong ties that provide you with a sense of companionship, comfort, and security. Stronger does not mean more valuable or “better” . Strong and weak, in this context, simply imply different types of relationships.

We recommend building a portfolio of both strong and weak ties. Strong ties require that you invest significant amounts of time. We recommend making that investment with your family, boss, immediate colleagues, and a few selected other people. That sturdy infrastructure is critical, particularly when you are under stress.

You only have time and attention to handle a few strong ties. According to anthropologist Robin Dunbar , and popularized in Malcolm Gladwell’s The Tipping Point, the human brain is hard-wired to handle a maximum of about 150 active social connections. In addition to the time requirements to maintain those relationships, they occupy space in our mind even when we are not in contact with them. Even with electronic tools, it is extremely difficult to sustain more than about 150 strong ties. Fortunately, electronic tools such as contact managers and online social networks allow us to develop a much larger network of weak ties. They relieve our brains of some of the workload of maintaining all those relationships.

Feedback welcome.


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