Business networking is the process of interacting with others to exchange information and develop personal contacts. You can network in person at local meetings or watering holes, or online via industry websites and social networks. The importance of networking can not be overstated to your success.
What is the importance of networking for your career development? According to LinkedIn, 80% of professionals surveyed say that networking is important to their career success. Here’s why.
Networking Helps You Make New Connections in Your Industry
It’s important not to become isolated. When you network with others who work in your industry, you’re talking with people who deal with the same day-to-day issues. You can discuss industry trends, market conditions, the latest news and developments, and so forth.
Networking also helps you make new connections in your industry. Most people you meet know other people in the industry, so you can quickly build your network of connections. Over time you’ll not only build strong professional relationships, but you’ll also make a name for yourself among others in your industry.
Making Connections Could Help You Advance in Your Company
Networking isn’t just for connecting with people in other firms. You should also network with others in your workplace, either at work, over lunch, or after work. It’s a good way to find out more about your company and what’s going on in other departments. It also positions you as someone interested in the business and open to new experiences. It’s even good for finding an internal mentor, someone who may be able to guide you to a promotion or transfer in the future. That’s the importance of networking in the workplace.
Become More Visible by Networking With Your Peers
As you continue to network, you not only get to know new people, but you also make your presence known throughout your business, your industry, and your city. Networking helps to establish and build your reputation among people who can help you now and in the future.
The more you network, the more visible you become to people who matter. You not only become a well-known individual, but you build your reputation as someone who can make introductions and provide insights and advice.
Networking Provides Valuable Career Guidance
The people you network with can help you plot out the course of your business career. Your peers can provide the guidance and advice you need when deciding what to do and where to go next in your industry.
Continued Networking Can Help You Find Your Next Job
Most people recognize the importance of networking in their job search. When you interact with other people in your industry, you’ll become aware of open positions before they’re posted to the public. You’ll also be recognized as a viable candidate before you submit your resume.
When you’re in the market for a new job, make your interest known to the people with whom you network. It’s likely someone in your network will know of an appropriate position – and know who to talk to. Use your networking contacts to make the connections you need to get your foot in the proverbial door.
Making New Connections Helps You Learn New Skills
Networking with people either in your industry or who hold similar positions to yours will expose you to new ways of doing things. Learn from your new contacts to discover skills that are well-known to them but new to you. You’ll enhance your skills and learn new information by networking with those who’ve come before you.
Your New Connections Can Help You Gain a Different Perspective
Not only does networking help you discover new skills, but it also helps provide different viewpoints from what you may be used to. Your networking contacts work for different companies that do things in different ways. They can provide you with new insights on how to do your job. It can also help you escape from your day-to-day rut and start thinking outside the box.
Networking Helps You Solve Problems
When you encounter a vexing business challenge, use your network to help find a solution. Chances are someone in your group of contacts has faced a similar issue and can provide the answers you seek. Your business network is a valuable resource you can tap regularly.
Continuously Making New Connections Helps You Build Confidence
The more you associate with others outside your day-to-day workplace, the more confidence you’ll have in dealing with others. Walking up and talking to a stranger may be outside your comfort zone, but the more you do it, the more self-confidence you’ll have. It’s a matter of using networking to develop your social skills, which you need to advance in your career.
These New Connections Can Help You Forge Lifelong Relationships
Some of the people you meet while networking may be casual acquaintances, but others can turn into lifelong friends. The more you network, the more you’ll find that you’re building long-lasting relationships. You’re associating with people who have similar goals, backgrounds, and experiences, all of which can be the basis for strong interpersonal connections.
Networking Provides Support
The people you meet through networking can provide valuable support when you’re going through a rough period in your career or personal life. Your contacts become friends and mentors who want you to succeed and can encourage you when things look dim. Your business network becomes a support network when you need it.
Networking Lets You Share Your Skills and Help Others
Networking not only benefits you, but it also benefits the people with whom you network. Just as you can learn from and be mentored from your network connections, others you network with can learn from and be mentored by you. Helping others achieve their career goals can be a rewarding experience – for both of you.
Find Your Next Position with Mapertunity
Networking is essential, and so is identifying the right position. Mapertunity is the world’s first fully transparent, interactive job map. We help people find the right job in the right location – so you can make your networking pay off.
When you’re networking for a new job, contact us at Mapertunity! We’re here to help.