Networking isn’t always easy. There are so many different groups, events, and conversations to navigate around. Making the most out of these opportunities is a skill. At MSDUK, we bring people and businesses from different industries, backgrounds, and ethnicities into one place.
Whilst at MSDUK we open doors to new opportunities and contacts, the rest lies with you. You need to make the most of these invaluable opportunities through open-mindedness, patience, and networking. But it can be intimidating. So here are 5 tips on how to make the most out of your network:
True networking is not just about meeting someone once and sending a Linkedin connection. It’s about building and maintaining authentic relationships over time that benefit one another.
Keep in touch and offer to help them. This can be through sharing each other’s opportunities; celebrating each other’s successes; attending events to show your support; and inviting them to events. Over time, these connections will build creating a stronger foundation for your relationship.
Also, if you can introduce people who can benefit from one another, you’ll build a stronger rapport with multiple people. And if the connection turned out to be beneficial, your act will be remembered. Help others when you can as your actions won’t go unnoticed.
On the programme, you’ll already be part of a diverse network of founders from different backgrounds and industries who you can connect with. Have a look at the businesses we’ve supported so far.
Whilst it’s good to meet new people and build a bigger network, we sometimes forget about the people we’ve already connected with. If you need a service or want an introduction, it’s good to look at the people around you first before using time to find it elsewhere.
There may be someone who already has what you need. Reaching out and nurturing your current network creates a foundation where you can build authentic relationships and find business.
When you complete the programme, you’ll receive 1-year free MSDUK membership where you can attend our flagship events and make those connections.
When attending an event, virtual or in-person, engage and participate as much as possible. Ask questions; make a comment; start a conversation during or after the event.
As much as possible, attend events. Depending on the type of event, you can decide to exhibit or give a short talk. You’ll find people will come to you once you’ve made yourself known.
It’s tempting to interact with the same people within the same industry all the time. However, this can narrow down your opportunities and limit your options. As Harvard sociologist Robert Putnam has written, you need a balance of both “bonding capital” and “bridging capital” — i.e., relationships based respectively on your commonalities (bonding) and relationships built across differences (bridging).
Within MSDUK, we have businesses from a range of industries. Diversifying your network could lead to new ideas and concepts. You’ll never know when you’ll need someone to help you with IT and software; when you’ll need to arrange some corporate gifting; or when you’ll need a design agency.
Offering to collaborate is an excellent way of building rapport; offering your services, and building relationships. This can be in the form of working on a project together or holding a joint event in the community.
On the MSDUK Accelerator, there’ll be plenty of opportunities to collaborate with other founders. You’re welcome to reach out to one another, swap ideas, and work together.
When you join MSDUK, it’s not just a network of EMBs and corporates wanting to secure contracts; you are joining a vast community of individuals who want to support one another. On the MSDUK Accelerator, we’re bringing together ethnic minority founders who support one another on the programme and share experiences. We also offer you a one-year free membership with MSDUK so you can continue building your network.
We’ll support you in navigating and making the most of your network. If you want to become part of an empowering tribe, apply to the MSDUK Accelerator today.
Since 2006, we have been at the forefront of driving the supplier diversity movement in the UK. Align with organisations dedicated to supplier diversity and become a part of the MSDUK community. As a member, you will connect with a network of corporate leaders who, are committed to empowering ethnic minority businesses. The companies below represent just a glimpse of our extensive corporate network.
T. +44 (0) 116 2532520
A. Studio 5, Phoenix Square,
3 Burton Street, Leicester LE1 1TB UK
Navigate
Newsletter sign-up
Get the latest MSDUK updates
delivered straight to your inbox.
Get the latest MSDUK updates delivered straight to your inbox.
© 2024 MSDUK. All rights reserved.