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Why you should network with your peers, not just your mentors

why you should network with your peers

We have a tendency to approach a career as a “ladder” –always looking upward to the next promotion or raise. There’s no doubt that networking with advisers has benefits, but it shouldn’t simply be limited to your mentors or role models. When you’re young, “networking” often means meeting people more influential than you are. However, it’s not only important to cultivate relationships with people who are influential, but also to make connections with those who will become influential. The idea of networking with your peers isn’t a new one, but it’s astounding how few people do it. Networking is a word that makes many people groan, yet it is essential to thriving personally and professionally. But when done right, networking should be fun—relationships, both personal and professionals, should always be reciprocal, not transactional. Whether you’re 23 or 63, no one is superior or inferior to you. In cultivating these connections, recognize that we contribute equally not identically. By connecting with people at similar career stages, we can gain access to information and help hone each other’s skills. Lift as you climb. Here are a few tips to help you reap the benefits of networking with your fellow millennials: 1. Create a community network of peers When was the last time you went out with colleagues for lunch or coffee? How often do you reach out to your contacts? While we’re all inundated with emails and texts, we can always make the effort to reach out—even if it’s just a brief email or phone call. Keeping the lines of communication open means that you’re engaged and interested in someone’s personal and professional development, and more likely than not, they’ll also be interested in your own journey. Short on time, but want to maximize opportunities to re-connect with friends and colleagues or meet new people? Consider organizing a dinner party or coordinate an activity like a group fitness class or art exhibit. It’s an opportunity to have fun while you build trust through network. 2. Think aloud Millennials are the most adaptable, creative generation in history. Wisdom isn’t all about age. It would be foolish not to tap into this generation’s innovative spirit. When I’m looking for ideas, the first people I ask are my friends because they come from diverse perspectives. They’re artists, psychologists, policy analysts, financiers, and more. While we might not be in the same industries, hearing a range of opinions from different backgrounds helps me refine my own ideas and think outside the box. The best “aha” moments often come from the most unexpected sources. They also introduce me to opportunities that I might not otherwise come across if I’m thinking narrowly about my own field. 3. Ask questions You’ll never get what you don’t ask for. While your peers might not be in a hiring position, they might be able to offer valuable insights on everything from upcoming opportunities to the office environment. Looking for a job at a particular organization? Comb your peer networks to ask about the perspectives of any friends working there. Entry- or mid-level professionals might notice things that senior staff is oblivious to. 4. Stay grounded It’s easy to get star struck by people who’ve spent decades climbing to the top and have accrued a daunting list of achievements and accolades. Connecting with people your own age can help put life into perspective. That 22-year-old who just won a Pulitzer or got accepted into a major Ph.D. program? He or she can probably tell you about the many failures they’ve encountered on the road to success. Talking to your peers can keep you grounded by providing more realistic expectations of your progress in achieving your goals.  

5 things you’ll miss if you’re not at SheHive London

shehive new york she leads africa

SheHive is coming to London! For 4 days, SLA is taking over Facebook HQ for a professional bootcamp. Between August 18 and 21, you’ll have the opportunity to interact with the coolest people in London. This will  not only be a great experience for established entrepreneurs and professionals, but for aspiring career women of all ages. Now, you may have your own reasons to skip SheHive, but we have 5 solid reasons why missing it will be a bad idea . Renowned and inspirational speakers You definitely don’t want to miss out on this chance to hear and interact with some of the best and brightest minds out there including Imad Mesdoua, Charles Sekwalor and Ade Hassan. Get ready to learn from passionate and creative entrepreneurs, hear about their vast experiences and leave inspired. THE networking opportunity You’ll get an excuse to show off your networking skills, potentially make long-term connections with some dope people, get advice, raise your profile and increase your confidence. Meet and connect with some of the best and most talented young African entrepreneurs.   Intimate sessions The intimate nature of our sessions means that you can get the most out of them and get exactly what you need. And if you splurge for an All Access Pass, you’ll have time to speak to the co-founders and other speakers directly. #SheHive is also a multicultural platform where you not only learn career skills but how to apply them.   New friends You’ll have the chance to interact with new women and reconnect with old ones! Don’t miss out on the chance to meet some amazing, aspirational women like yourself who will motivate you. Motivation is contagious and the moment you interact with individuals who are cheerful and upbeat, you will catch the vibe too. The chance to grow your career and business in a clearly defined market Are you an entrepreneur? Our #ShopTheHive event is the best place to come and showcase your product to our community. Not only will this generate awareness for your brand, but you can additional revenue stream to your existing business. SheHive is where career success starts, so don’t miss out on your chance to hear amazing speakers, participate in hands-on workshops, network with amazing African women on a multicultural platform and don’t forget SHOPPING. Who would want to miss this? If you haven’t bought your pass yet, better hurry up and do it.

What you should know about co-working

Co-working has been a growing trend around the world, a trend that is spreading across Africa as well. If you’re in charge of a business, particularly a small startup, you know that running your own office space can be seriously distracting. “The internet is down! What should we do?” “This place is dusty, was the cleaning done today?” “Are we making sure all our visitors are taken care of?” With all this headache, you may end up forgetting what your business is actually all about! Not everyone has time to deal with all these challenges! If you can relate to this, then you should consider moving into a co-working space! Abuja has Ventures Platform, Lagos has Stranger, Johannesburg has the Hub and Nairobi has Nairobi Garage which has been at the forefront of the co-working scene in Nairobi for more than a few years now. If it isn’t yet a no-brainer for you, here is a list of reasons why co-working is a great option for your business. Networking You already know that networking is an essential part of growing your contact base. This is something every professional has to go through. Expanding your network is something that you always have to go out of your way to do…unless you’re in a co-working space! When you co-work, you don’t have to go out of your way to meet people, they’ll simply come to you! Take a look at the sort of people you could be sitting next to. YOLO Renting out your own office space can seriously break the bank. Then, you may find yourself having to choose between fast broadband internet and better furniture. Which one will you let go? Co-working is great as access to Wi-Fi, office equipment, a kitchen, a lounge area, and meeting rooms are all included in a package. You’ll have many great amenities at your disposal that you otherwise wouldn’t be able to afford on your own startup budget. All this without any serious investment on your part. Meet new people Co-working spaces usually consist of people from a wide variety of different companies. This means lots of new ideas can be found everywhere! Being surrounded by small-scale startups means beings surrounded by innovators like you, so you’ll definitely be inspired by different people on many occasions! Some co-working spaces also host seminars, panels and workshops. Nairobi Garage for example hosts cool bi-monthly events. We are one! Last but not least, the main thing a co-working space has to offer is the feeling of community! Thanks to the range of different companies in these spaces, companies aren’t directly competing against each other. This means you won’t get entrenched in any internal politics that plague usual working spaces. You’re part of a family, a big one where people help each other out. THAT is the essence of co-working!

Recently graduated? How to make unemployment work for you

anthea malwandle unemployed jobseeker

In recent years it has become common to find yourself unemployed after graduating. How you spend those few months in unemployment (or years if we are keeping it all the way real), could add a lot of value to your development. Use that time to invest in yourself and begin the journey of personal branding. Before you tune out, these overused buzzwords are always relevant, especially considering the changing nature of the workplace. To quote Bryan Kramer; “…your personal brand is how you appear to the world. Different than self-promotion, personal branding represents a full-time commitment to defining yourself as a true thought-leader within your industry”. So, here are a few tips to get you started. Position yourself near the ‘central nodes’ of networks The most common piece of advice you will get is, network. It is useful to remember that when it comes to networking you must think quality over quantity. When you are just starting out, reach out to bigger or more established brands (companies or people) that you wish to learn from. LinkedIn co-founder and the ‘most connected man in Silicon Valley’, Reid Hoffman helped shape my thinking in this area. Reid explains that the most effective networks are built when you connect yourself near the ‘central nodes’ of the spaces you want to be in. ‘Central nodes’ here refers to the most influential areas within your networks. Trust me, to avoid endless meetings that ultimately go nowhere, you should be picky. Take time to research key influencers in the spaces that you are interested in and reach out to them. Ensure your networks are usable Once you know who you want to, you need to build trust and goodwill with them. This is in order to turn them into contacts that you can actually use. One way to build this relationship is to find out if there is an area they need help with that you can add value to. Show them the quality of your work. People are far more likely to become usable contacts in the future when you have established a mutually beneficial relationship. Know your hustle. Know your value While learning the landscape of the industry you are trying to position yourself in is important, you also must understand how you fit into that space. You need to be sure of the value you bring, and be able to articulate it clearly. It may seem old fashioned but it would be a good idea to sit down and write your personal value proposition. When you’re through,  mould it into a short elevator pitch. What’s your background? What are your best qualities? What are your strengths? What is your business approach? Do you have any notable successes that speak to the opportunity in front of you? Once you know what you are good at, be able to boldly and clearly communicate it. My advice? As the saying goes, “Keep it humble with a hint of Kanye.” Mentor your weaknesses Having a mentorship is a tried and tested way to keep yourself motivated and accountable. However, the relationship is only as beneficial as you allow it to be. Often there is a temptation to put your best foot forward when dealing with a mentor. After all, you can’t have your idol think he/she is wasting their time on you right? We all have areas we need to grow in, so make sure you open yourself up to advice in these areas. Start something It almost doesn’t matter what it is; a blog, a book club, a weekly Google hangout, just make sure you create a space for you to learn, grow and focus your passions. Time is your most valuable asset during this period, and that combined with your passion and skill is a formula for a fulfilling way to get through your time at home. It also helps to show future employers that you are able to take initiative. Good luck!

How to make the most of your introversion

reading artwork introversion

In a conversation with a group of people, I pointed out that I perceived a colleague to be an introvert. The look of indignation on her face said it all, she took my words as an accusation. Girl, if she had pearls on she would have clutched them! My colleague later explained that while she was comfortable being an introvert, she preferred that it wasn’t brought up in a work context. This was simply because of the assumptions that people make about introversion and how it affects leadership. As an introvert myself, this conservation got me thinking. One of the most crucial elements of being a #MotherlandMogul is knowing and being able to sell your best qualities. When we think of a list of ‘good qualities’ for leadership, introversion isn’t among that list. Let’s be real saying, “I love working in groups, and am outgoing”, doesn’t have the same ring to it as, “I’m an introvert who really excels at solo processing”. So, although I wouldn’t have the same reaction my colleague had, I wouldn’t shout, “I’m a introvert!” either. When I started this article, the title was originally going to be, “How To Make Your Introversion Work For You”. This sounds sort of like how to make a recession, or any other unpleasant thing work for you. Do you see the problem? Introversion isn’t usually pitched as a strength, rather it’s a condition you need to manage or work through. Whether you identify as an introvert, ambivert, or extravert (here is a short test to get a sense of where you lie), the key is to own it. I’ve identified 3 areas that introverts commonly complain about and have a few suggestions on how to shift perspective and leverage your strengths in each one. Speaking up Many introverts view their preference to listen rather than speak negatively. In fact, this is something that can distinguish them as good leaders. I used to be so caught up with trying to make regular contributions in meetings that I actually fought against what my brain naturally wanted to do; sit back and process. Laurie Helgoe states in her perspective shifting book, that introverts have an “internal power—the power to birth fully formed ideas, insights, and solutions”. Being able to sit back and notice things others may miss, gives you an advantage that is useful to any team. So, now you know it’s a good quality how do you convince everyone else? Please don’t just say, “I’m a  listener” and bring shame upon the whole SheLeads family. When pitching this quality make sure you frame it as having a personality that allows you to be contemplative andsolution driven. Lisa Petrilli puts it like this: “[Introverts] thrive in the world of complex ideas. We are exceptional strategic thinkers and listeners and bring great insight to our work. All of these characteristics make us inspirational leaders — and inspiration is at the core of charisma.” Networking When it comes to networking, don’t be too quick to dismiss your ability to get it done effectively. The differences between how extroverts and introverts connect is summarised by  the creators of the  popular 16 Personalities test. “Where the extrovert’s strength is to know a little bit about a vast number of people, the introvert’s ability to quietly absorb a great deal of information about the people who they spend time with can prove even more valuable.” I have always been a firm believer in building a high quality over a large quantity network. This works well for introverts who would prefer not to engage in small talk with large groups. Plan and be strategic with the networking you want to do. Use your introversion super-powers to build strong and deep links that you can use later on. Branding Okay my introverted family, this is one area that we are going to have to make more of an effort. Don’t panic, it’s as much as you think! Personal branding is valuable, no one can argue against that. To put it plainly, it is just a way of letting as many people in on your hustle as possible. Seeing as introverts tend to enjoy solitude anyway, social media and networking sites are a perfect way to use up all that precious alone time. There’s no telling who you could meet, some of my best connections have been made over Twitter. I love what Forbes writer William Aruba said about personal branding, “Personal branding is not about being famous, it’s about being selectively famous.” Keeping this in mind, don’t feel pressured to join every single site imaginable, you can afford to be picky. Are there any qualities you feel introverts need to leverage more?

Competition, what competition? Why collaboration might just be your strongest asset

Collaboration is a game where everyone wins. You build your network, expand your audience and strengthen your brand.   As ambitious women, chasing our dreams is part of what gets us up in the morning. While it is important to protect our ideas, we have been taught to keep our distance from the competition while studying their progress. It’s easy to believe that ‘there can only be one’ and do everything humanly possible to be That One. But actually, there isn’t only room for one. There’s room for everyone who is tenacious and passionate enough to pursue their goals, and collaboration plays a huge role in that. Still not convinced? Read on to find out why collaboration might just be your strongest asset. Collaboration is a source of inspiration and support Even the smartest, most connected and experienced people in the world don’t know it all. Through collaboration, you get to bounce ideas off people who truly understand your industry. It’s a “great way to make sure that we all keep moving forward and nobody gets left behind”, fashion-travel blogger and life-stylist Fisayo Longe tells us. Building a business or high-powered career is definitely not for the fainthearted, and even the toughest of us can benefit from support from other people who get it. Collaboration strengthens your skills and expands your network Collaboration also helps build your technical skills by sharing knowledge with those in your field. My fellow writers and enterprise enthusiasts constantly share videos, articles and books aimed at improving skills from strategy to copywriting. But if you keep all your aspirations under wraps, people won’t know that you may benefit from what they have to give. Sharing educational resources creates a ‘pay it forward’ culture that leaves you better off in the end. Collaboration also brings you closer to people that it might have taken you years to meet. After all, “people who know talented people are always more useful than a single talented person with no connections,” says producer, writer and radio presenter, Phoebe Parke. In my experience, I’ve met CEOs, entrepreneurs and leading creatives through people in my industry, such as life-coach and business manager Seun Awolowo.  Collaboration enhances your brand and grows your audience One key challenge that all businesses face is expanding their customer base/audience. Again, collaboration is part of the solution. It’s one thing to present your own product, but when another brand or business is doing this, you become even more legit. It “adds to your reputation as someone who knows what they’re talking about”, Phoebe says. In blogger Fisayo’s experience, her audiences have grown through friendships with fellow bloggers like Melissa Holdbrook, and “Freddie Harrel [who] invited me to be part of an event she was organising recently that made me almost a thousand pounds. My presence there pulled a bigger crowd which was also great for her”. Collaboration creates scenarios where everyone’s a winner and gets a share of success. “Think about what you have to offer, not what you have to gain and collaboration will come easily”, Phoebe advises. Even those at the top of their game collaborate. As Fisayo points out, “life coaches like Brendon Burchard and Ariana Huffington have grown their audiences significantly and made millions of dollars through collaborating with each other.” If collaboration works for them, it’s probably going to work for you too. Collaboration celebrates your uniqueness Finally, never forget that you have something unique and distinct to bring to the table. The truth is, you are your only competition and you owe it to yourself to improve with each day. No one has walked the same path as you or thinks exactly the way you do. This is a principle that Seun applies across all her areas of her career from life-coaching to the corporate world. As the saying goes, “no one is you and that is your super-power.” Have confidence in yourself, your abilities and what you have to offer. Fisayo puts it like this, “when you are proud of what you have created and you really believe in your content”, collaboration becomes second nature.  How has collaboration helped your career or your business? Let us know in the comments section below.

9 reasons you should (seriously) consider an internship

Internship

I started giving proper thought to my career during my second year at university. The buzz towards the end of that period was crazy, and getting an internship was all everyone seemed to talk about. The energy was amazing; everybody wanted to get into big firms, especially the investment banks. I would be having lunch, walking along the corridors, working in the computer labs and it was the same – Goldman Sachs this, JP Morgan that, Morgan Stanley, Credit Suisse, Merrill Lynch, Barclays Capital, Deutsche Bank, BNP Paribas…my head almost exploded at a point because that’s all I would hear about. I wasn’t particularly bothered about getting an internship because I had gained a considerable amount of part-time work experience up until that time, and I had a very well paying summer job coming up at Edexcel (now Pearson UK). I had really enjoyed doing the job the previous summer because of the large number of Nigerian students working there. It was serious fun and there must have been at least 100 of us young Nigerians working there at some point. Anyway, a great friend and classmate of mine, Chitra, asked me if I had applied to any of the investment banks. I said, “Nope, Edexcel pays very well and I enjoy the work.” She must have thought I was crazy, because she gave me an, ‘Are you ok? Can’t you see what your mates are doing?’ look. She managed to convince me to put in at least ONE application. I procrastinated for a few days before deciding to check the websites. Lo and behold, I was too late – I had missed all the application deadlines (or so I thought). I didn’t even feel bad, thinking ‘it wasn’t meant to be’. It must have been a few days later when she asked, “Did you check the Credit Suisse website?” I was like “Errr”…Anyway she told me it was still open and that the deadline was that day. I was like “Today? How am I supposed to get it done in a few hours?” Long story short, I dropped everything else, put in my application and forgot about it. I was convinced they wouldn’t call me because of how I rushed to get it done. Imagine my surprise when I got called for a telephone interview – I couldn’t believe it. I passed the phone interview, and was invited to attend a 9-hour assessment centre (story for another day). I somehow managed to make it through that successfully, and the rest, as they say, is history. It was an A M A Z I N G experience. I got to meet and learn from so many brilliant people and was especially fortunate to have a great boss who helped me gain clarity with regards to a decision I had been struggling with for a while, like whether or not to do a master’s degree – I ended up not doing it). Best of all, though, was the lunch. They had ALL sorts in there, Italian, Indian, Chinese – you name it. Even the dessert was nice. I always looked forward to lunch because of the many different options. Anyway, let me get down to the real reason I wrote this post. What competitive advantage did my 3 months at Credit Suisse give me? Why should YOU intern? Internships are one of the best ways to get your foot in the door in terms of getting a full time role. Work hard while you’re there, and there’s a good chance you’ll be asked back. I was made a full time offer for a graduate position immediately after my internship and this meant I didn’t have to worry about applying for jobs in my final year. Upgrade your CV Even if you’re not made an offer where you interned, the experience will seriously boost your CV and increase your chances of getting a job elsewhere. Test drive a career path you’re interested in I was bent on getting into the telecoms industry after graduation because I enjoyed all the telecoms modules I took as an undergrad. I’m glad I got a chance to intern because my experience at Credit Suisse was a key turning point in terms of helping me discover what I really enjoy doing. (I eventually did my NYSC at a telecoms company and I absolutely hated it). Develop key transferable skills An internship is a great opportunity to hone your existing skills and develop new ones, which employers are always looking out for when recruiting. Learn the importance of work ethic The workplace is very different from the school environment and the best way to learn work etiquette is in a real life work environment. Build your network You get to meet new people and build relationships you can leverage. ALL the jobs I’ve had since NYSC (and I mean ALL 5 jobs since 2009) have been through the network I’ve built over time. Get professional training I was ‘trained professionally’ for the first time during my internship. It was the Information Technology Infrastructure Library (ITIL) training and must have been worth around $150 at the time. Not only did I get it free, I learnt some concepts that I still use today. Earn a salary While some internships are unpaid, mine was very well paid and I remember thinking ‘WOW’. It gave me an idea of what I could possibly earn as a full time graduate trainee. Besides, who (especially as a student) doesn’t like some extra cash? 😀 Boost your confidence The experience seriously boosted my confidence because I had to hit the ground running in terms of the tasks I was assigned. I also had to learn and apply new concepts very quickly in a ‘real-life’ setting. This made me feel like I could achieve anything I set my mind to. So, what’s holding you back from an internship? I hear many young job seekers complaining about the lack of opportunities in terms of jobs

Get these four mentoring elements right & reap the rewards

lucy quist

‘Get yourself a mentor!’ I bet most of you have heard this sentiment shared at one point or another during trying times in business or career. What always amazes me is the matter-of-fact way this is normally mentioned. When you get a chance to probe what precisely a mentoring relationship ought to look like, don’t be surprised to get a pair or two of blank stares. That’s the nature of buzzwords. Everyone throws them about but very few understand the process that one must follow to ensure a worthwhile mentoring relationship. When I started my business, I was told at the first business incubation meeting that no business succeeds without mentors. I bought into this; after all business advisors who have been in the game for some time said it. What they failed to mention though is the importance of structuring the relationship in a business-like manner to make it mutually responsive for both parties. ‘If it is not structured, it’s not going to work.’ Before we get some structure, let’s define what mentorship is. In its simplest form, mentorship is a relationship in which a more experienced or more knowledgeable person helps to guide a less experienced or less knowledgeable one. With this knowledge in mind, I went looking for a mentor and my criterion was simple: ‘experienced business owner who has made strides in the business world’. But guess what? The relationship never took off and I found it a tad bit contrived. Over the duration of my business, I have formed relationships with various mentors; some time-bound, others more regular and yet others sporadic based on need. I have also taken on mentees; some didn’t work out while others flourished. I have settled that structure makes or breaks a mentor/mentee relationship. Structure has been credited for the turnaround of Ford Motor Company when Allan Mulally, the former Chief Executive Officer (CEO) saved the company from bankruptcy. A structured approach to any intervention necessitates forward thinking. Without it, one is stuck in thinking in the now. Structure implies commitment and precision. And it is these two attributes that I found lacking in my previous relationships. I have, to my great dismay, found that lack of structure tends to be the norm in such relationships. Over the last two years, I have learnt that for a mentoring relationship to succeed, four elements need to be present. 1. Approach your potential mentor thoughtfully Check the mentors’ track record with prior mentees to ensure that they have added value to others. It also helps to have a specific request to approach them on and go there with a proposal on how you as the mentee hope to work with the mentor. 2. Have an agreement in place For some reason we think it’s okay to have written agreements for all other interventions but not for mentoring, which is why, in my opinion, these relationships do not work to their full potential. You need clear guidelines on time, boundaries and work plans. I have found that when you have it documented, both parties are held accountable to keep their end of the bargain. Most importantly, this enables you (and the mentor) to review the relationship periodically. 3. Understand your mentor beyond the surface Just as we are always advised to understand what makes our bosses tick, the same principle applies to mentors. Know what works best with them; do they prefer email communication, are they best called in the morning etc? Know what is important to them and how having you as a mentee is an added value to them. 4. You want the relationship, take charge of it The assumption is you wanted to have a mentor for a specific reason to ensure that you fulfill your goal. Doing so, requires you take control of the relationship. The mentor will not run after you, you need to do the running (until you’ve proven your value). Being timid will not get you anywhere neither will aggression. The trick is in striking a healthy balance. When you approach a mentoring relationship in the same structured way you would coaching or training, you force yourself and your mentor to put priority to the union. When your needs are clear, the mentor knows exactly how they can support you. The best part is both parties are accountable to each other, and with accountability comes measurement of impact and that is golden!

Yasmin Says: Mastering the art of the email follow up

She Hive Lagos Participant on Email

  At the end of a networking event or conference, you may end up with dozens of business cards in your portfolio or your purse. While getting the initial card is definitely important, it’s even more important to master the art of the email follow up. First things first: a few days after the conference, send a brief follow up email to everyone you met. Don’t wait too long or the conversation you had will no longer be relevant in their mind. 1. Have a clear subject line like “Follow up from XYZ Conference” so they don’t assume you’re sending spam since they’re unlikely to recognize your name. 2. Don’t assume they’ll remember exactly who you are since they probably met a bunch of people at the conference. So include subtle hints that will juggle their memory. Here’s an example: Hi Mrs XYZ, It was so lovely meeting you at XYZ conference and having the opportunity to talk to you about SLA, the organization that I co-founded which supports young African women on their journey towards professional success. See what I did there? I subtly reminded them who I was by referring to my organization. 3. Don’t get aggressive if they don’t respond. Everyone’s busy and its not their job to help you. If they don’t respond at first, wait a week and then send the exact same email again. If they still don’t respond, wait a month and then send them an update email, sharing some of the progress you’ve made over the past month and then include your request again. IF they still don’t respond, fall back but keep sending them updates on you and your business once a quarter or once every six months. Everyone likes to be associated with success, so  showing them how well you’re doing may encourage them to respond. I’ve emailed people for over a year before they responded!! Be persistent yet respectful, and keep up with the follow up.  

Yasmin Says: How to make your network your net worth

She Hive Lagos participants

We’ve all heard the phrase “Your network is your net worth.” And though, it may seem like one of those cheesy phrases that’s only appropriate for fridge door magnets and tacky self-help books, its 100% true. For young entrepreneurs like us, networking is especially important for a couple of reasons: As you grow your network, you’ll hear more and more about interesting and unique opportunities It’s a good opportunity for you to practice your communication skills There are a number of different ways to network but today, we’re going to focus on how to #WIN at a formal networking event. Formal networking events are tough for us because both Afua and I are true introverts. So, even the thought of having to spend an evening talking to people we don’t know exhausts us. That said, sometimes, it’s got to be done. So, it’s best to be prepared. Come with a game plan You’ll never have a chance to speak to everyone, and if you’re able to preview the guest list before hand, come with a clear list of the people you’d like to speak to. If Afua and I are going to a conference, we’ll do more than come up with a target list. We’ll also prioritize the list so we have people who we MUST connect with vs. people who’d be nice to chat to. Once we have that list, we create a spreadsheet with these key pieces of information. 1. A few points on the person’s background Knowing a little bit about them will make it easier for you to strike up conversation. I was at a conference two years back and really wanted to meet the CEO of a large African bank. I did a bit of research and found out that he’d given a really interesting talk on Gender Equality. So when I went up to introduce myself to him, I opened with “Hi Mr. X, my name is Yasmin. I watched your talk at XYZ about gender equality and found it so inspiring.” And on the conversation went. 2. Why we’d like to speak to them It’s important to be clear (if possible) on why you’d like to talk to someone. It helps you steer the conversation in the right way and tailor your pitch appropriately. So, if I’d like to speak to someone about being a pitch competition judge, I’ll start off talking about our awesome pitch competition, the other judges we’ve had and how much fun those judges had. If I’m talking to someone about sponsoring our event, I’ll focus more on talking about the SLA community – growing it is. See the difference? PS: This isn’t being disingenuous. It’s just understanding that people care about different things and so making sure that you’re emphasizing the part of your business that they’re most likely to care about. Hang out by the food table If you don’t feel comfortable introducing yourself to people, try hanging out by the food table. Food is always a great conversation starter. If you see someone picking up that lovely mini cupcake you just tried, go up to them and say, “Those cupcakes are absolutely amazing. You should definitely try one. O … I’m Yasmin by the way. Nice to meet you. What’s your name?” And voila! You’ve struck up a conversation in a non-awkward and relaxed manner. Ask questions Most people think that networking is all trying to impress people with your amazing accomplishments. But it’s just as important to listen to other people and try to learn more about them. Not only is it polite but the more you learn about someone, the more likely you are to find interesting ways that they could be helpful to you and your business. I was at a conference once and struck up a conversation with a guy who worked in PE – his deals were all Europe-focused so there wasn’t that much in common with SLA. But after chatting for a few minutes, he mentioned that his wife sat on the board of an organization that we’d desperately been trying to reach out to! Now, you see if I’d spent the whole time blabbing to him about myself, I may never have found out about this awesome connection. Go for the number 2 Here’s a scene I see at networking events all the time. Important woman or man arrives and everyone swarms him/her, jockeying to get a word in, shoving cards in his/her face, begging for his/her card. Important man/woman is overwhelmed, a little uncomfortable and frankly doesn’t see individuals, instead he/she just sees a mass of overly eager faces. When this happens DO NOT join them. Here’s a little trick I’ve learnt. Look around for the people that this person arrived with. It might be a chief of staff, a PA, a family friend or just a friend. Target that person. Why you ask? Because that person is waaaaay more accessible than important man/woman and yet they have access to important man/woman. So, connecting with them gives you a good chance of securing a (maybe even private) meeting with important man/ woman in the future. More generally, that person may actually be able to teach you a thing or two. After all smart, successful people tend to surround themselves with other smart, successful people. So there you have it! A couple of short tips to help you become ace your next networking event.