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Do you
know why some people are
hesitant to use social media?
Or perhaps why some people
will absolutely never give
out their email address
(but are quick to hand over
their phone number)? Or
perhaps did you ever wonder
why not everyone you meet
will be immediately willing
to put you in touch with
everybody they know?
Your
network, and the strength
of relationships with people
in your network, is one
of your most valuable assets.
A network of followers,
friends, business contacts,
colleagues, and clients
is by no means a commodity.
Therefore, it is not something
you should take for granted.
Just
as many of you read Prospecting
Weekly, you may do
so via email subscription.
My base of subscribers is
one of my networks—and
thus I want to be responsible
and respectful of how I
serve the people in that
network. I send out value-based
content typically once per
week. If I were to begin
sending out redundant messages
or spam-like emails several
times per week or even every
day, what would happen to
that subscriber base? It
would shrink. People would
remove them selves from
the list, or tell their
email clients to automatically
send me to the junk folder.
Andrew
Chiodo, a friend
and colleague of mine here
in Columbus, Ohio refers
to this asset as Social
Capital. In fact, it’s
the title of a book he wrote
and came out in 2007. According
to Chiodo: “The central
premise of social capital
is that social networks
have value. Social capital
refers to the collective
value of all ‘social
networks’ [who people
know] and the inclinations
that arise from these networks
to do things for each other
[‘norms of reciprocity’].”
Further,
your network is made up
of people just like you
and they deserve respect.
You should treat them the
way you know they want to
be treated.
Just as you regard your
own network as being sacred
and a valuable asset, so
do each of your own contacts
and friends. In fact, your
network’s networks
are indeed part of your
own, just as the three-tier
structure on LinkedIn illustrates.
These are not people with
whom you may be directly
connected, but you are still
connected.
When
seeking referrals and introductions
be them in person or online,
you will need to show equal
respect, consideration,
and sensitivity to members
in your friend’s network.
In fact, the more connected
each of your own network
members are, the deeper
your network becomes. It’s
not just about width (your
direct connections); it’s
about depth (the connections
of your network members,
and so on).

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