Revisting the Network Strength Pyramid for 2008 - Personal Branding Blog - Stand Out In Your Career

Revisting the Network Strength Pyramid for 2008 - Personal Branding Blog - Stand Out In Your Career Back in time One of my first blog posts ever, was on my previous blog Driven-to-succeed, which was built on October 4th, 2006. As some of you may know, I leveraged all the relevant content from my past blog for this one. The blog post introduced a working model for networking, which I called the Network Strength Pyramid. The intention with developing this simple model was to show you, not just how critical networking is, but that the strength of your relationships would increase the chances for you to get opportunities. Your family is your strongest connection, followed by friends and then acquaintances sit at the bottom. Networking in 2008 The economic trends that Ive been closely watching since January are really scaring people. Before I was born, networking was an option. You could have a single interview and claim a position, solely based on your skills. Today, more attention is paid on who you know, who they know and so forth (LinkedIn models this). Companies want to eliminate risk and receive recommendations in the form of personal endorsements. The unemployment rate has fallen to 5.4% this month from 5.5% last month (Labor Department). More bad news comes in the form of the amount of layoffs that have occurred recently. 60,000 positions will be cut from U.S. payrolls in June and 49,000 were cut in May. This is the 6th consecutive month of job loses. Why networking? Why now? As the population increases, the amount of jobs decrease and the amount of people receiving degrees increases, you can imagine how hard it is to get a job. Despite the economy, competition will always grow, not just in your professional career, but the growth in small businesses and consultants will exponentially grow. When everyone has similar skills, the only way to get a job is through another person (see my earlier post about performing a people search). When you realize that the people you know are more important than what youve learned in school, you will be more successful. Going out of their way for you The more and more I thought about this model, the more I viewed the object of networking is to be close enough of people that they would go out of their way for you. When you have built rapport and a relationship, the chances someone would drop what they are doing to help you increases significantly. Most people wont be compelled to go out of their way for you when you meet them for the first time. Acquaintances expect more out of you to gain trust. If you provide for them first, then you can start to convert them into a friend. Although you cant turn a friend into a family member (unless meet an acquaintance of the opposite sex and marry her), a friend is still high enough in the pyramid to want to help you. Tip: Reach out to 5 people each day and see how you can serve them.