The 159th PIFW: "How to Leverage Your Investment Network?" held on the 1st of February, 2024, was a great success, offering attendees unique networking avenues and the chance to forge meaningful connections with investment leaders. Here’s a breakdown of the top networking mistakes to avoid, as shared by seasoned investors at the event:

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."

We extend our gratitude to our insightful speakers at the forum:

Mohammad Salem
Lisa Morris
Serhat Cicekoglu
Guneet Banga

These practical insights were shared during the 159th Private Investment Forum Worldwide. To enhance your networking skills and connect with top-tier investors, be sure to check our schedule and register for one of our upcoming events.