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Mon 13 May 2024
159th PIFW: How to Leverage Your Investment Network?
How To Network Right? Avoid These 5 Common Mistakes

How To Network Right? Avoid These 5 Common Mistakes

 

1 - Ignoring Soft Skills: Mohammad Salem highlights the importance of connection beyond business: "If you're working in sales, you need to know your clients. Likewise, when you approach me as an investor, It's essential to get to know who I am and what types of industries we're investing in.” This underscores the critical role of soft skills in networking.

 

2 - Inconsistent Follow-Up: Stressing the necessity of follow-up, Lisa Morris advises using a system to remember contacts: "Rather than relying on memory... employing a system to track interactions and key details can transform fleeting meetings into lasting connections." This systematic approach is key to solidifying new relationships with investors.

 

3 - Unbalanced Conversations: Mohammad Salem advocates for listening as much as talking: "It's important to give the other party a chance to introduce themselves and explain themselves, becoming a bit more of a listener." Equal dialogue exchange is crucial for fruitful networking!

 

4 - Neglecting Online Networking: Serhat Cicekoglu points out the importance of digital tools: "The essence of building relationships requires both time and effort. If direct meetings are scarce, leveraging digital tools becomes essential." Online platforms are vital for maintaining and expanding networks.

 

5 - Disregarding Diverse Networks: Guneet Banga encourages expanding networks beyond common circles as an essential step to innovation: "Building a network beyond your circle is more crucial than ever now. A diverse network not only broadens your perspective but also opens doors to new, untapped opportunities."

 

The 159th Private Investment Forum Worldwide' was a great success, opening networking avenues for attendees. This pivotal event provided an enriching exchange of real-life experiences and proven strategies from investors and key decision-makers. Participants had the unique chance to forge meaningful connections with investment leaders and leverage investment networks.

Participants mentioned in the article
Lisa
Lisa Morris
Managing Director
AKS Family Partners LP
G.I.L.C. Monthly Chronicles
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