Networking in increments.

It’s perhaps overstated how important compound interest is to investing. Buffet, Mr. Money Mustache, and Einstein (maybe) all laud the strategy. It borders hilarity how much we agree with the sentiment. I believe compound interest thinking should be applied more gratuitously to networks.

At networking events, a natural tendency for me is to try to meet as many people as possible, in an effort to justify the time spent boozing with strangers on sweaty rooftops. This activity often renders moot, with stacks of business cards stashed away never to be retrieved again. I am working to change this behavior. I’ve found it much more productive to spend time with one or two people at these occasions. My goal: make one friend.

The change is incremental, but it compounds. On a utilitarian level, making one true friend at a time allows for the accrual of interest. You start to run into the same people, and they start to introduce you to others. You don’t begin at zero each time, aimlessly wandering from conversation to conversation.

Lowering the stakes to meeting just one person allows me to be at ease. It encourages conversation rather than the impulse to look around for the next person to engage. It works out, too – I make a new friend to share food with, an exponentially better outcome than 10 (or even 100) new LinkedIn connections.

 
1
Kudos
 
1
Kudos

Now read this

Sculptors, of marble and of startups.

Image source: dezeen.com Building a startup is like sculpting marble. You have a general idea of what you are making and more so, the feeling and impact that you want to convey. Slowly, you chip away at that vision. Day after day. It... Continue →