business advice, business networking, marketing

Business networking and closing deals on the golf course!

closing deals on the golf course

As summer fast approaches, so to do the opportunities to spend time on the golf course with clients, prospects or with businesspeople who could become either one!

Whether you are a 2 handicap or ‘duffer’, golf presents a fantastic networking opportunity that can be enjoyed regardless of the level of your play.

That is of course if you take care to follow some of the basic rules of etiquette such as not taking 20 minutes to look for a lost ball, always replacing divots, raking sand traps according to club rules and more.

From Forbes, these are the ’19 Tips For Closing A Deal On The Golf Course’:

  • Show up at the course by yourself and you’ll end up in a foursome with people you don’t know. When golfing 18 holes, you will have plenty of time to engage in conversations that will allow you to really get to know the other golfers in a way that LinkedIn and email will never provide.
  • Start the conversations with innocuous topics. Avoid diving into business talk right away. As the rounds progress, you can dig deeper by asking questions that invite the other parties to share information about themselves and their work. Listen carefully to gain a perspective of the problems and bottlenecks they face. Think of how you could help. You could offer an introduction to a contact, or steer them to helpful industry information. More often than not, people will return the favor and help you out down the road.
  • Come to the course with a few business cards to exchange before the end of the round. Follow up by scheduling a lunch, or at the very least, be sure to connect on LinkedIn. (source: Dave Handmaker, Next Day Flyers CEO)
  • Never cheat. “If a person cheats at golf, I don’t think I could trust them as a source I’d refer my clients to,” says John B. Palley, Attorney at Law. “I remember one partner in particular. He went through a dozen balls without ever taking a penalty stroke on that day. On one hole, he clearly lost his ball deep in the rough but all of a sudden he ‘found’ it right on the edge of the fairway. I walked 20 feet and pointed to his original ball (with his company logo on it). He said, ‘Ohhhh, that must be the one I lost the last time I played.’ I am an estate planning attorney and could have referred business to that guy, but I never did.”
  • Be on time! If you’ve invited clients to join you, please give yourself an adequate window of time to arrive at the club before your guests get there.
  • Don’t be too competitive. The emphasis in a business golf setting should be on building rapport and trust with your playing partners.
  • Should you or shouldn’t you have a friendly wager? Wagering is integral to golf, and is a good way to build camaraderie. Accept and embrace it. Keep it the wager friendly and the stakes low. The most common side bets include the Nassaus (3 bets for the round—the low score on the front 9, on the back 9 and on the full 18 at $2 each). Make sure you settle your bets at the end of the round.
  • Don’t make excuses for your game. It’s important for you to know the etiquette of the game. If you are a new player and are with more experienced golfers, please say, “I’m new to the game and I welcome any tips you have to help me move along more quickly.” (source: Pam Swensen, the CEO of the EWGA)
  • Control your anger (don’t curse, throw clubs, etc.)
  • Remember to compliment your prospective client on good shots and putts.
  • If you have logo golf balls from your company, be sure to offer a sleeve or a box to your client before teeing off.
  • Assuming you know the course, be sure to offer pointers on the areas to avoid on each hole. (source: Tom Balcom, Founder of 1650 Wealth Management)
  • Structure the outing so you have time for lunch or a happy hour visit after the game. This time affords a better opportunity to discuss business, life, or changes at work. If the prospective client is a genuinely nice and generous person, it will be apparent. And if they are not? That will become apparent as well.
  • Be on your best behavior. One expert notes that he has played with people he regarded highly until they played golf. And, conversely, he’s played golf with people he didn’t care for but gained a high regard for when they played. “Golf is the most revealing activity,” he said. “Your true personality is going to come out. Are you a cheater? Or an honest, generous person? Do you curse and throw your clubs?” The behavior you can get away with among friends is not going to fly when you’re on the course with clients.
  • Take it easy on the alcohol. When I speak at business lunches or dinners, the subject of alcohol invariably comes up. The key is to take it easy–you always want to remain in control. When it’s hot and you’re drinking alcohol, it’s surprisingly easy to get drunk very quickly. When you are drunk, it’s easy to say or do the wrong thing. You should be a great host and offer your client a beverage when the bar cart comes around. But be sure you alternate between water and alcohol if you are both drinking. Furthermore, if your client is not having beer or alcohol, don’t drink! If you’ve ever been sober around people who are drinking, you’ve seen firsthand how sloppy drinkers can become. Your policy should be “follow the leader” where drinking is concerned. (source: Robin Jay, Writer/Producer: “The Keeper of the Keys”)
  • Treat everyone you come in contact with like gold. Even if someone really upsets you, you can address the situation with a smile and without getting loud. When clients see how you handle yourself under pressure, it will go a long way. Treating the employees at the course well will be an indication of your favorable character as well. (source :RJ Muto, Russell Insurance Group.)
  • Pick a course you will both enjoy, but do your homework. Has the course just aerated the greens? Not a good choice. The same goes for major construction on the clubhouse or facilities. You don’t have to find a course on the level of the Atlanta Athletic Club or Pebble Beach, but you should avoid any course that is in poor condition and under repair.
  • Let your client choose which tees to play from. The experience should be about providing your guests with an enjoyable time and challenge; not about looking out for yourself. You should be prepared to play to the comfort level of your companions and guests.
  • Respect the etiquette of the game by repairing divots on the course, ball marks on the greens, and raking bunkers, if needed. These are the small details that clients will notice because they demonstrate respect for both the course and the golfers behind you. Stand away from fellow players and out of their sight lines when they are playing a shot. A moving shadow during a swing can be an unwelcome distraction. And by all means, be quiet during the swings of others. (source: Dr. William Jankel Dean of Strayer University)

Read the Full Article here.

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Business, business networking, Uncategorized

A key to business networking! (Video)

Hallmark Abstract Service,business networking

Because we all need to network …

Networking is, and has always been, a key component to growing a business.  That’s true whether we are talking about a law firm or a dentist. New clients are the lifeblood of any business!

If all that we do to drive that new business is sit behind a desk expecting it to walk through the door, it will likely be a very long, frustrating and costly wait! Particularly in this economy although it is true in any economy!

Therefore, why not try and network in the best and most efficient way that at the same time affords us the greatest chance of success. And, in this case, success is defined as meeting someone whose business we can help make  more successful.

This last concept is somewhat counter intuitive to the extent that we would be looking to help someone else first and not ourselves.

But in the parlance of networking a common phrase that gets repeated over and over again is that “givers gain.”

Givers gain because nobody is looking to partner-up in business with someone who is only looking out for their own best interests. When you are trying to establish long-lasting business relationships it must be remembered that business is a two-way street and that by simply looking out for yourself such relationships can be difficult, if not impossible, to establish.

When you walk into a networking event can anybody really expect that after a 3-minute conversation you can give someone your card and expect that they will be calling you with an order? But isn’t that exactly what people do?

The interview below was forwarded to me by someone who I met through networking, and although we haven’t done any business together specific to our two companies, had I not met him and established a relationship I wouldn’t have received this video!

Video providing some basic thoughts about networking from the founder of BNI, a global business networking powerhouse!

It is long and if you don’t have time to listen to the whole thing there is a very good interchange on networking expectations beginning at the 27:00 minute mark.

The video can be watched at this link.

Mike Haltman, Partner

HALLMARK ABSTRACT SERVICE

“We work harder to make your closings easier!”

Visit us at our website here.

For any title insurance questions in New York or if you would like to meet with Hallmark Abstract Service, please contact us using any of the following:

Email: orders@hallmarkabstractllc.com

Phone: 516.741.4723

Mail: 131 Jericho Turnpike, Suite 205

Jericho, New York 11753

All data and information provided on this site is for informational purposes only. Hallmark Abstract Service makes no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.

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Business, business networking, Facebook, LinkedIn, Twitter

Growing your business: Using LinkedIn to help get it done!



LinkedIn can be a great tool for your business!

For the most part all of us have heard of Facebook and Twitter, but for business there is an equally useful “network” by the name LinkedIn.

LinkedIn is a tool that allows you to leverage the business contacts that you already have by giving you the ability to meet and potentially connect with the business contacts that they have.

As I have been told many times it is not only the person you meet at any given time that is important for your business (although that person of course is), but the legions of people who they know as well.

LinkedIn is an unbelievable tool for getting questions answered on just about any topic that you can think of, in addition to being a resource for any number of other business functions as well.

LinkedIn Statistics

  • 61% use LinkedIn as their primary professional networking site. (Facebook – 22%, Twitter – 4%, None – 13%)
  • 35% access LinkedIn on a daily basis.
  • 67% access LinkedIn at least weekly.
  • 81% of LinkedIn users belong to at least one group.
  • 52% participate in group discussions.
  • Top level executives use LinkedIn for industry networking more than any other purpose.
  • 90% of LinkedIn users believe LinkedIn is useful.
  • “It helps me to connect to individuals in my industry as possible clients.”
  • “It is more professional than Facebook.”
  • It allows me to hire people that I wouldn’t regularly meet.”

Source

What is LinkedIn? (Article from BusinessKnowHow.com)

LinkedIn is a rapidly growing professional network with over 120 million members, 60 million in the US alone. At its bare minimum, it’s a place online where you can reconnect with former colleagues. But if you utilize it to its full potential, it’s a powerful marketing tool and social networking resource, as well as a knowledge pool that you can tap into at any time, without consulting fees. It gives you the opportunity to build business relationships all over the world without leaving your office. People like to do business with people they know, and LinkedIn brings that personal connection to your business.

So how does it work?

You start with a profile, listing your education, skills, and professional experience. If a company or university in your profile is already in LinkedIn‘s database, you’ll get a list of people you may know and you can send requests through LinkedIn for those people to join your network. You can also search for individual names or email addresses, or you can allow LinkedIn to search your email contacts for members. If you click “Add Connections” in the upper right corner of the page, then click the “People You May Know” tab, you will see a list of people who are connected to your contacts. You can then ask your contacts to introduce you. The idea is to “meet” new people through the people you already know to expand your existing network – “Six Degrees of Separation (or Kevin Bacon!)” for business. You can then use this trusted network to find new career opportunities, new clients, vendors, business partners or employees.

How do I get started?

The New User Guide in the LinkedIn Learning Center promises to have you up and running on LinkedIn with three steps in just ten minutes, but Dave Taylor (who writes The Business Blog @ Intuitive.com and Ask Dave Taylor!) recommends spending a good deal more time on your profile. Think of it as your online business card – the first impression you will make on potential clients or employers. Your LinkedIn profile will likely be the first search result when someone looks for you on Google, so make sure your profile is professional, complete, and up-to-date. Link your Twitter and blog updates to your profile, include a professional photo, and build your online reputation with recommendations from colleagues. Link back to your LinkedIn profile from your blog and Twitter profiles.

What will it do for my business?

As long as you have a company email address, you can set up a Company Page that customers can follow for updates on your business, or to review your products and services, and to provide you with endorsements and testimonials. Freelancers can search for work by position, location or company. Use Resume Builder from LinkedIn Labs to pull current information from your profile and generate a professional resume in seconds.

The real value for a small business is the easy access to information from a community of people willing to share. When you join LinkedIn Groups in your field, you share your questions and expertise with your peers. If you’re facing a particular problem in your business, odds are someone else has already experienced that problem and solved it. With LinkedIn Answers, you can pose a question to specific connections in your network and get answers from your connections, their connections, and experts who use LinkedIn. Stay on top of the news in your industry with LinkedIn Today. You’ll see not only the relevant headlines being shared on LinkedIn and Twitter, but who is sharing them and what companies they represent. With LinkedIn Search, you can query the entire network by name, title, company, location, or keywords.

Add me to your network

After reading the statistics and some background on the benefits and uses of LinkedIn, if you are convinced visit my profile and add me to your connections here using the email address mhaltman@hallmarkabstractllc.com.

This will in turn allow you to leverage my hundreds of contacts for your business.

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