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Events: The Power of Referrals

Posted on Friday, November 02, 2001 @ 06:08 PM EST

amichalek writes "We spent some time in the last breakfast club meeting talking about the power of referrals. Although - as the Unit of 1 group grows - there will be opportunities to work with each other and even for each other on projects - the bigger opportunity is to REFER business to one another. Consider the network of people that you personally know - if each of us leverages that network to refer business to one another - all of us will benefit...

STEP 1 - Be able to recognize a good referral:
A great question to ask - and be able to answer yourself is: "Who makes a good referral for you?" As an example - my favorite answer to this from the breakfast club meeting was: ...Saul Rosembaum who runs Visual Chutzpah. ...His answer was: "If it's visual - I do it. If you see a company that needs better packaging - refer them to me." I now know exactly the type of work he does - and how to recognize a good lead for him...

STEP 2 - Make the introductions:
Go through your contact list - look for good matches. First - think of yourself - many times we only focus on getting new business - not getting referrals. Are there people you know that can refer new business to you? If so - send them an email, give them a call - ask for the referral...

Then - review your contact list to act as a matchmaker... Look for unmet needs where you can make referrals inside of your own network... Then, as you go to networking events, meet new people, or hear about new problems facing people you know - look for potential referral opportunities...

STEP 3 - Follow up:
If you're the fortunate benefactor of a referral - make sure you keep the person that made the introduction (the matchmaker) in the loop. Let them know when you make initial contact. Also - if you keep the original matchmaker aware of how things progress - it's a great way to keep that connection alive as well...

Regardless of how the referral works out - make sure to thank the matchmaker...

THE CHALLENGE:
The challenge for all Units of 1 this month - refer just 1 person in your network to another member of the Unit of 1 group. If you're the lucky participant of a referral - send email to unitof1@yahoogroups.com to let us know how it works out. (If you haven't sent an intro to the group - now is a good time to do it!) Before you make the introduction, make sure you alert the person that they should be expecting a phone call. It can create an awkward situation if the initial contact goes badly - e.g., if they respond by "Andrea who?""

Sales
Sales

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