Your Network Determines Your Net Worth

I know it is 4-20 and it would be cool to read about all type of hemp influenced products or why/why not weed should be legalized, but there are much more important subjects to blog about.

cans of Chillo drink

Hemp Energy Drinks by AudioVision via CC* License 

Such as …

“Your network determines your net worth.” To the growing hemp producers  that phrase might be all too familiar (lol), but for you younger folk it may sound very new. And thats okay, but after today I want you to never forget it.

cartoon images of blue stick-figure men

3D Social Networking by Chris Potter via CC License

According to Dictionary.com A network is an association of individuals having a common interest, formed to provide mutual 

assistance, helpful information, or the like. When you meet people on your career path or those in your hobby-generated groups you may automatically connect them with your “network.” Although those people have common interests, they become apart of your network, and vice versa, only when you put actively add them to it. Of course that is figuratively speaking, you cannot actually pick people up and put them in a physical network. But just think if you collect business cards, phone numbers, and emails from everyone you meet, even those who do not seem to share common interest with you, you may have thousands of contacts within a few months. After you converse and exchange contacts, you must personally follow up with people and even subscribe them to your monthly mailing or email list if you have one. If you walk by people, choose to bail on networking, and refuse to attend all social events, you are missing a possible life alternating opporntunity.

a woman in a white dress holding out her hand

Helping Hand Edited by Stormgirl via CC license

Some may not know, or even believe that I can be a shy person. It’s true. I would choose to opt out of a phone conversation or even a face-to-face chat unless I know a person very well. THIS IS DISASTROUS for anyone.  How can I be successful in real estate, let alone in the entertainment industry, if I can not socialize or speak to a person or a crowd. Most times I pump my self up or just brush away the fear, but it is a skilled that can only be mastered if practiced. So people, next time you are about to send a mass text/email try sending it personally to someone or calling them directly. That will help build a trusting relationship. You may even spark a conversation that inquires about each of your skill sets and interests, which in return build a network that will allow for exchange of services, sharing of knowledge, or even referrals.

people in suits shaking hands

Business Meeting by thetaxxhaven via CC license

And thats where you build your net worth, which can be thought of as the total assets of a business minus its total liabilities (Dictionary.com). A person can be a brand, or business, as well. Theoretically, your net worth can be calculated by actual financials or based on those connected to you in someway. Those connections can be a direct link to leads, future income, knowledge, and more.

 a word cloud of business terms

Business by Gerald via CC license

*CC: Creative Common

Dedicated to some of the men in my life who practice and preach this concept:

  • My Dad Larry, personal trainer & (Co-Owner of Brooklyn Billionairez)
  • My Uncle Dave, business owner in the Automotive & Entertainment industry
  • My Uncle Sammy, mutli-business owner including We Have it ALL
  • My Brother-Cousin Samar, Owner of Made Realty & Made Capital Corp.

Happy Birthday Samar, you will continue to add on to your network and success.


QUESTIONS TO THE AUDIENCE: Are you nervous when networking? | Do you leave events early to avoid feeling awkward when talking to others? | Do you have stories of success based on your network? | Do you feel having people in your network is similar to using people? | How do you network? | Can you give me advice.

 

 

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