5 Mindsets to use Social Media for Business

“Social Media for Business” is the title of our most popular workshop, but this month I want to focus on the exact mindset you need to use Social Media and networking for your business.

In total there are 5 different mindsets that I can define and you will be most successful if you apply a perfect mix of all five.

Mindset 1 : Non-professional use

Almost 10% of all people on earth use Facebook. Recent numbers show 60% of Internet users in Belgium are using Facebook. Lots of people are using other networks too. Facebook, LinkedIn, Twitter, Netlog, Xing and Ecademy are the most popular networks in Belgium right now. 
Those people who aren’t entrepreneurs or business owners probably use Social Media to share photos, connect to their family and friends, search for old school friends, organize a street BBQ and so on. Professional users will also engage in these activities with their family and friends.

This is what I would define as non-professional use. It does however take part in building your image and credibility. Do you share drunk pictures of a bachelor weekend or do you choose to share pictures of a trade show visit which could also be interesting for your job ?
You are the one who decides what people get to see when they visit your online profiles. And remember … You never get a second chance to make a first impression.

Mindset 2 : Networking

Social Networking websites were originally designed to get in touch with people you know and connect to new interesting people. You can grow your network with minimum effort and get to know people through their online profiles, blogs, comments and other actions. Easy to use communication tools make it easy to start a conversation and get to know more people. Even for the most timid people the threshold is very low when using online networks. To boost the relationship it might still be needed to meet face to face, but this will be easier because you already had contact online. The first thresholds have disappeared

Mindset 3 : Building credibility

LinkedIn, Facebook and some other networks allow you to share links to interesting articles, blogs, video’s, … any possible content on the world wide web. By sharing content from your industry you will build credibility on your expertise. Even better is to write articles yourself on a blog and share those on your Social Media profiles. You will provide a mix of your own views together with expert advice from your industry leaders. People in your network will automatically link the topic of your choice to your name and refer people to you with any question or demand on that topic. I strongly believe that in your network you can grow to be an expert in your industry just by sharing high quality information and views on that topic.

Mindset 4 : Marketing

Social Media websites offer many possibilities to market your products and services. You can set up events or groups to connect to your audience and get them involved. This however is still the trickiest mindset because your network won’t allow you to spam them daily with commercial information. If you apply a mix of all mindsets the smallest amount of posts should be the marketing related posts. If you share great value, people will also be interested in your commercial message. If your focus is only on marketing your business, people will turn away and loose interest.

Mindset 5 : Peer support

Last but not least there is a different kind of networking which is very important for small business owners. While many networking websites and events cater the need to grow your network, some other networking formulas cater the need to have your own advisory board or brainstorming group to help you with problems and ideas. This kind of peer support needs a lot of communication which can easily be established through the use of Social Media. By creating a safe and secure forum on a Social Networking website you can have your own advisory board ready for input at any given moment of the day.

Apply the right mix

Whenever you meet newbies on social networking websites or events they often focus too much on just one of these mindsets. Often they focus very hard on marketing their business, while the nr. 1 target of networking is of course to grow your network of contacts.
The magic formula to be successful in networking is to find the perfect mix between these 5 mindsets. In the first 3 years, you only need to focus on a mix of the first 4 mindsets. Once you have established a quality network you will possibly want to add the fifth mindset to create a secure source for peer support. At the end you will need all 5 mindsets, but you have to be very careful to apply the right mix. Your story will become more interesting and people will be more attracted to you.

People will see you as a real person (1) who wants to grow his/her network (2), who is an expert in his/her industry (3), who has interesting products or services to offer (4) and who has surrounding him/her with other high quality networkers (5).

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Networking for Business

A few weeks ago I was networking with a couple of entrepreneurs when we decided to answer the question “What is your most important professional frustration ?”. I didn’t need much time to think about it and my answer can probably be translated to any expertise, industry or occupation.

Since 2004 I’m spending at least 5 hours each day, every day of the week, networking and using Social Media. During these years I have attended many networking events all over Europe but also spend a lot of time exploring websites such as LinkedIn, Facebook, Twitter, Xing and many others.

From my personal and practical experience I have distilled valuable tips and advice for entrepreneurs. Always with a razor-sharp focus toward small business owners, but also applicable for management teams in larger companies. Networking events and Social Media are accessible for everyone and the huge load of social networking tools can be used in many ways to grow your contacts network, build credibility as a professional in your industry or use it for social media marketing.

So what was my most important professional frustration ? Every dog in a jacket calls himself a Social Media Expert and jumps on stage all over the country to speak to an audience, trading their knowledge for a bottle of wine and a sandwich. I have seen speakers who handled topics like fiscal tips, investments and Social Media in less than 6 months. They jump on every hot topic and talk about any subject that’s demanded.

I often hear negative comments when I meet people who have attended a presentation or workshop on my favorite topic. In most cases this is caused by a lack of practical experience from the speaker.
I don’t mean the technical experience, but the right mindset you need the audience to understand.

It’s very important to really transfer the right mindset you need while networking and using Social Media, to be able to receive a positive return for your business. When an entrepreneur or business owners is using social media for business, he or she is actually networking while using social media as an instrument.

Until the breakthrough of Facebook there were only 5 speakers in Belgium who handled these topics, while being heavy users of social networking themselves. Today these pioneers are still active as speakers, trainers and coaches, but their names start to fade away in the large list of available speakers.

I am very grateful that I was part of this group of pioneers and during the past decennium I was able to study the evolution and growth of social networks. A growth in speakers on this topic could be a good thing, if they challenge themselves to deliver high quality. We would love to see many more qualified speakers who put lots of work and effort in researching their topics. It hurts to see that Social Media has grown into a ‘quick win’ for many others.

Now what does networking really mean to me ? What is the most rewarding way to network ?

What should be avoided ?

During the past decade I have heard and read many definitions and statements on networking, something that I won’t do right now. I do however want to try and make clear what it’s all about. Some time ago I heard a brilliant lady say “The value of your networking efforts can be measured by how much people talk about you when you are not there”. It isn’t enough to meet and get to know many more (business) people and grow your network, you also have to make sure they remember you when an opportunity comes by!

I consider a person to be part of my network when I know who he or she is and what he or she does for a living. Of course this also has to be true the other way around. Only if this is true we can also refer people to each other successfully and that’s what networking is all about : Helping each other !

Helping each other is something you can do by referring someone to the right person to help with his or her demand, question or problem. Helping each other can also be done by giving some advice or a good tip to set them off in the right direction toward a solution. Many times you will be contacted by someone in your network to get them in contact with someone very specific from your network. You can open a door to enable them to contact someone much more easy. Some Social Networking tools like LinkedIn and Branchout have specific tools onboard to make this easier.

Social Media are no substitute for offline meetings. By meeting each other face to face and exchanging stories while enjoying a cup of coffee or a glass of wine you will create an extra level in your connection which will make it easier to remember each other when needed.

An important issue is the ‘Elevator pitch’ in which you have to be able to present yourself in just a couple of minutes. Most entrepreneurs will keep it short and tell you who they are and what activities they handle in their business. It’s often more valuable to tell people what you are looking for and how they would be able to help you. In some businessclubs (e.g. M4M) moderators will help you to make sure you have a positive networking experience.

My golden networking tip never changed since 2004 : “Don’t sell !”. Networking is building a network, selling is something completely different. Sales can be a logical result of your networking efforts, but networking and selling are really two completely different activities.

I wish you a lot of success with your networking efforts in this new season !

Netwerken met je business in het achterhoofd

Onlangs zat ik met een aantal ondernemers te netwerken toen we besloten om te antwoorden op de vraag “Wat is jouw grootste zakelijke frustratie?”. Lang hoefde ik er niet over na te denken en mijn antwoord is vermoedelijk ook heel eenvoudig te vertalen naar gelijk welke expertise, sector of vakgebied.

Sinds 2004 besteed ik minstens 5 uur per dag, 7 dagen op 7, aan netwerken en Sociale Media. Tijdens deze periode heb ik dus niet alleen heel veel netwerkevents bezocht in binnen- en buitenland, maar ook gigantisch veel tijd doorgebracht op Social Media websites als Facebook, LinkedIn, Twitter, Xing en vele andere.

Uit mijn persoonlijke praktijkervaring distilleerde ik bruikbare tips en adviezen voor ondernemers. Steeds met een scherpe focus naar bedrijfsleiders van kleine ondernemingen, maar evengoed bruikbaar voor management teams van grotere bedrijven. Netwerkmeetings en Sociale Media zijn immers toegankelijk voor iedereen en de ettelijke beschikbare online netwerktools kan je op meerdere manieren gaan gebruiken voor het opbouwen van je contactennetwerk, om jezelf als professional te profileren of voor Social Media Marketing.

Wat was dan mijn grootste zakelijke frustratie? Dat elke hond met een hoed op zich vandaag profileert als Social Media Expert en voor een broodje en een fles wijn overal in het land presentaties geeft. Ik zag zelfs sprekers die op een tijdspanne van minder dan 6 maanden op podia stonden met achtereenvolgens topics rond Fiscaliteit, Beleggingen en Sociale Media. Ze springen dus voortdurend op elk onderwerp wat ‘hot’ is of waar er vraag naar is …

Ik vind het dan ook bijzonder jammer dat ik soms negatieve commentaren hoor als iemand naar een presentatie of workshop over mijn favoriete onderwerp is geweest. Heel vaak is de oorzaak te vinden bij het gebrek aan praktijkervaring van de spreker. Dan spreek ik niet over de technische kant van de zaak, maar over de juiste insteek voor je doelpubliek. Het is belangrijk om duidelijk te maken welke gedachtegang noodzakelijk is om uit al die inspanningen ook iets positiefs voor je business te kunnen halen. Als ondernemer succesvol gebruik maken van Sociale Media betekent immers dat je gaat netwerken met Social Media als instrument.

Tot aan de grote doorbraak van Facebook waren er in België amper een vijftal sprekers actief over deze onderwerpen, die ook zelf intens gebruik maakten van deze netwerken. Deze pioniers zijn ook vandaag nog steeds actief als sprekers, trainers en coaches al vervagen hun namen meer en meer in het overgrote aanbod aan sprekers. Ik ben heel dankbaar dat ik bij die eerste pioniers mocht zijn en dat ik in het voorbije decennium de opmars van de sociale netwerken van nabij kon zien gebeuren. De toename aan sprekers zou geen probleem mogen zijn, ware het niet dat de kwaliteit eraan ten onder gaat. We zijn er zeker voor te vinden om een groter aanbod aan gekwalificeerde sprekers te vinden, die werk en tijd steken in research en gedreven zijn door hun onderwerp. Het is echter storend om te zien hoe Social Media een ‘quick win’ geworden is.

Maar wat betekent netwerken nu concreet voor mij? Wat is de meest vruchtbare manier om te netwerken? En wat is zeker te vermijden?
In de loop der jaren heb ik meerdere definities en statements over netwerken gehoord en gelezen, waarvan ik me voor dit artikel bewust zal onthouden. Ik wil wel proberen om duidelijk te maken waarover het gaat. Ooit hoorde ik eens iemand zeggen: “Het succes van je netwerkinspanningen kan alleen afgerekend worden op hoeveel er over jou wordt gepraat wanneer je er niet bent”. Met andere woorden is het niet alleen de bedoeling om meer (zaken)mensen te leren kennen en je netwerk dus te vergroten, maar er tevens voor te zorgen dat ze ook aan jou denken wanneer opportuniteiten zich voordoen. Ik beschouw iemand als onderdeel van mijn netwerk als ik weet wie die persoon is en wat hij of zij doet. Andersom moet het uiteraard ook het geval zijn. Alleen op die manier weten we genoeg van elkaar om succesvol andere mensen naar elkaar te kunnen doorverwijzen en dat is uiteindelijk waar netwerken om draait : Elkaar kunnen helpen!

Elkaar helpen kan dus door mensen die op zoek zijn naar iets door te verwijzen naar de juiste persoon die hen daarmee kan helpen. Elkaar helpen kan ook door een advies of tip te geven die iemand weer in de juiste richting zet naar een oplossing voor zijn of haar probleem. Heel vaak zal iemand uit je netwerk ook bewust beroep op je doen om hem of haar in contact te brengen met een heel specifiek iemand uit je netwerk. Sommige Social Networking websites zoals LinkedIn en Branchout spelen daar ook op in en geven je een aantal tools in handen om dit proces nog te vereenvoudigen.

Sociale Media zijn zeker geen vervanging voor netwerkevents. Door elkaar in levende lijve te ontmoeten en onder het genot van een koffie of een glas wijn te luisteren naar elkaars verhalen creëer je een band waardoor je elkaar ook sneller en beter zal herinneren wanneer het nodig is. Een belangrijk aspect daarbij is de zogenaamde ‘Elevator pitch’ waarbij je jezelf in enkele minuten voorstelt. De meeste ondernemers houden het op een korte voorstelling van zichzelf en de activiteiten van hun bedrijf. Het is echter veel waardevoller om ook specifiek aan te geven waarnaar je op zoek bent en hoe anderen je hierbij het best kunnen helpen. Bij sommige businessclubs, zoals M4M, worden er moderators ingeschakeld die je hierbij helpen zodat je zeker bent van een optimale en geslaagde netwerkervaring.

Mijn gouden netwerktip is sinds 2004 nooit veranderd : “Don’t sell !”. Netwerken is bouwen aan je netwerk, verkopen is iets totaal anders. Verkopen kunnen een logisch gevolg zijn van je netwerkinspanningen, maar eigenlijk hebben beide activiteiten zeer weinig met elkaar te maken.

Ik wens jullie alvast heel veel succes met het netwerken in dit nieuwe netwerkseizoen!

Anarchy in the UK - Impact for Small Business Owners

I absolutely know that there are deeper problems involved in these riots and some problems need to be handled with a structural solution. However I feel the deepest sympathy for those small business owners who see their stores trashed, destroyed or even robbed empty. These small stores which we all love to visit during our travels to the UK aren't multinationals with large bags of money. These stores are owned by hard working self employed people who followed their dream and opened a small little store of their own. In best case they even provide work for a few more people.

This kind of violence and destruction of other people's property is something that I just can't agree with. A lot of these businessowners will have to close their stores and horrible times will start for them and their families. Even if their business survives, it will cost them multiple years of hard work to cover the loss and finish the paperfight with their insurance companies. It's already known that lots of things are probably not even covered by their insurances (theft of stock, intentional fire, ...).

I do know that a lot of these rioters see this as their only way to get attention, but by using criminal acts they loose respect. I hope most of the victimised store owners will be able to survive and re-open their store to continue their dream. (Photo: Reuters)

Running a Business in a Brave New World

Two years ago, in my second book ‘Friends with Benefits’ I described the growing need to network and collaborate because the world and the economy have changed drastically in the last 30 or 40 years. The economy is clearly moving toward a world of micro businesses, working together in partnerships and projects.

Earlier this month I read Penny’s blog on Ecademy asking the question whether most startups are self-employed businesspeople or ‘real’ startups. I didn’t comment to this blog because I had a problem understanding the question. This article will be my comment ;-)

Being self-employed is in no relation at all to the shape or size of your company. If you’re a one-(wo)man-business you are self-employed. If you are Mark Zuckerberg and you’ve built a +2000 people company from scratch, you’re also self-employed. It’s simple : You either work for a company and get a paycheck at the end of the month OR you run your own business.

I have more respect for a manager who has built a small company with 5 people and does a great job, compared to a 500 people company with a manager on the payroll who’s just earning his monthly paycheck and gets a big bonus when he gets laid off.

Half a century ago lots of businesses blew up to large sized mega-companies. In each large town we had factories and offices of the world’s largest players (Coca-Cola, Ford Motor Company, Procter & Gamble, …). The hardest labor in those factories was mostly done by men while their wives often ran a tiny microbusiness at home, earning a second income while taking care of the kids. Today those tiny café’s, grocery stores, candy stores and shoe stores have almost disappeared from our street view. I still remember them from my childhood days. But times are changing, aren’t they?

A record amount of companies have gone bankrupt over the last decades. Lots of companies have grown into a bubble that bursted and left many unemployed. Most new businesses which launched during the last decade didn’t grow into large companies. Most business owners deliberately want their company to stay a microbusiness. Less risk, less investments.

As also described in 2007 by Don Tapscott and Andy D. Williams in Wikinomics, in a networked society it will become easier for businesspeople and small companies to work together on projects, each focusing on their strongest skills.

I call this concept “Company 2.0” and I have been using it since early 1999. Back in those days we gathered a large group of freelance IT professionals and sold the empty slots in their agenda to large Internet providers. This group of freelancers became the installation and support field-team for several large telco companies in Belgium. By joining forces and operating under one strong brandname we could make them the perfect offer for a national support coverage.

A couple of years ago the big rush in broadband connections came to an end and I had to rethink the concept of this IT company. I refocused to a local market, serving small businesses in just two provinces. Because I’m a very strong believer in a networked economy I decided to build another team of professionals. Each member of the team is self-employed, flexible, expert in their specific skills and highly motivated. Today this IT company has a team of 6 people, all of them freelancers, shareholders or entrepreneurs. All of them strong believers in collaborating and growing together.

Together with my wife Tineke I’m now running three micro-companies. In each of these companies we surround ourselves with the people and skills we need.  For some specific projects this might not be enough, in that case we tap into our network and select the right people for the job.
Even as a micro business we are able to perform and deliver like a medium sized company.

So it’s actually possible to run a company like a project, bringing together the skills you need to perform the business activities. Without large investments, without the risk of having to pay expensive employees through a slow period and always offering top level skills of professionals you would never be able to afford if you would have to hire them as an employee.

At the 4^th #TwunchQ networking event hosted by Minister Vincent Van Quickenborne, I asked the guestspeaker and Top Economist Geert Noels if he had any good Economy 2.0 tips for small business owners. The best tip he could give us was the statement that small businesses don’t necessarily need to grow. If you have a fantastic flowershop or a specialized cheese store and people drive 20 miles to buy products in your store, you ARE doing great and you won’t be any happier if you open 3 additional stores. In a new economy you can be the best of the best in your local neighborhood and by collaborating with others you can handle larger projects without the need to grow.
This is Company 2.0 or Running a Business in a Brave New World.

Mixing Business and Pleasure with Branchout

Facebook is still the Nr. 1 Social Networking website where almost everyone is reconnecting to old friends and sharing holiday pictures with friends and family. The website has close to no competitors when we look at the free available communication tools and user friendlyness.

Many clever companies have tried to insert applications for business networking in this great platform but only few have succeeded (more or less)

After months of comparing I decided to give Branchout a try and up until now I'm actually very happy with the results.

Compared to the 3 degrees of networking that are included in your LinkedIn network, Branchout limits your network to the first and second degree. The most obvious tools are included, such as a personal profile, messages, endorsements, ...

Because of the very "we are all friends" nature of Facebook, people are very likely to endorse and recommend each other what actually makes this "professional network within your friends network" very valuable. Conclusion : Branchout is definitely worth a try !

Are you REALLY doing business at the golf club ?

Lots of businesspeople are joining golfclubs, businessclubs or serviceclubs with the idea in mind that it might have a positive return for their company.But how does this work ? Will you really get sales through your membership?

Earlier this month I read a great article with the subtitle “Why relationship building on the golf course may be as important as ever for business networking”
(Link to the article : http://www.inc.com/business-travel-2011/business-lessons-on-the-golf-course.html)

Basically this is very simple : People like to do business with people they know very well.
It’s an easy way to avoid negative surprises.
When you are playing a round of golf with another businessman or –woman, you are out for at least four hours in a relaxing, quiet and natural environment in which often mobile phones aren’t even allowed. This is a fantastic opportunity to get to know each other and watch with your own eyes how the other person is handling stress. A golfball won’t always do what you want it to do and this may lead to an occasional explosion of emotions. Of course this never happens to you and it’s strictly against the rules of golf etiquette ;-)

Networking is nothing more or less than building a database of high quality business contacts.
These are people you know very well professionally and they also know you very well.
Will you do business with these people? Will you sell your products and services to the other members of your club ?
This might happen occasionally, but it’s not even the intention of business networking.
What we really want to happen is that people will remember you and actively refer others to you when they think you might be able to help them. When you are building a network in the proper way, you will create a network of active promoters for your business.
Will this lead to real business? Will this lead to sales? Absolutely !

Here we also come to the point where tax control services hit their golfballs into the woods. I have seen several examples where tax controllers demand a 100% evidence of sales directly linked to a membership of a golfclub, a businessclub or a serviceclub. That just isn’t the way it works …

A few articles in dutch about these  cases :
http://www.bespaarbelastingen.be/algemeen/trek-het-lidgeld-van-je-golf-of-service-club-af/
http://www.dvvc.be/documents/news-items/20100913-lidgeld-van-golfclub-is-soms-welniet-aftrekbaar.xml?lang=nl

#TwunchQ 28/06/2011 - Economy and Social Media

Yesterday, June 28, Vincent Van Quickenborne organized the 4th #TwunchQ, a lunchtime networking event at the rooftop terrace of his official address in the heart of Brussels.

More or less 160 people had registered for this event (+75% showed up which is a record !). The concept is adapted from the original #Twunch formula where people just get together at lunchtime to catch up and eat something together. Mr. Q had a truckload of sandwiches prepared for us as well as a top level guest speaker : Economist Geert Noels.

What I will probably remember from this event is the fact that self-named economy nerds can also be very funny. Geert Noels knows his trade, but is also a gifted public speaker. Vincent Van Quickenborne is a Belgian Minister and speaks in public almost every day, but his charm is definitely his 'Tintin' like style. He loves to meet people and feel the pulse of society. The audience included Belgiums better bloggers, a few journalists and almost every early adopter of platforms like Twitter and LinkedIn. A very exciting buzz was constantly present.

There were lots of opportunities to ask questions, live and via Twitter. I also got my 5 minutes of fame by asking Geert Noels if he could share a good Economy 2.0 tip for small business owners. The answer was more or less that small businessowners don't necessarily need to grow. You can be an exceptional baker or florist and the top of your trade in your region. Nothing is wrong with that. An economy of successful and high quality microbusinesses can be great too.

Mr. Q is closing up for the holidays, next #TwunchQ is scheduled for September. I'll be back !

Missed it ? The recorded Live stream is still available at http://www.vincentvanquickenborne.be/blog/2011/06/herbekijk-de-live-stream-van-4e-twunchq-met-geertnoels/

Privacy on Facebook - Problem of our generation ?

Privacy on Facebook is still a very popular topic. During each speech, presentation, panel discussion, interview or workshop I still get loads of questions on this tricky topic.
I already tackled this topic in an earlier blogpost :http://geertconard.blogspot.com/2010/09/privacy-on-social-media-video.html

This is still a short summary of my vision :
Whenever you want to post something on Facebook, stop and think.
Is this something that anyone would be allowed to see ?
If yes, click the button
If no, think twice before posting !
Maybe you are not prepared to make this consideration each time you want to post something ? Facebook is a platform that allows you to configure what your friends can see. Make sure to do this !

Our friends from Talking Heads have written a great manual (blogpost) with tips on how to protect your privacy on Facebook (in dutch). Use this as a guideline and you can be sure that those wild or drunk pictures can only be seen by your drinking mates who were with you at that wild party.
Your boss or colleagues will NOT be able to see this photo album.

Another great blogpost (in english) on protecting your privacy on Facebook : http://www.allfacebook.com/facebook-privacy-tips-2010-01

When looking at the angle of the questions I receive on this topic, it seems to me that this privacy problem is really a problem of my generation.
Young people have a very different way of handling this and are much more open toward each other. Mark Zuckerberg is also part of this young generation and in his vision it’s very normal to share a lot of stuff with each other. If you don’t want to do that, the necessary tools are available to protect whatever you want.

I also hear a lot of rants on how Mark Zuckerberg is abusing our privacy by selling our profile details to the highest bidding advertisers.If you really think this through, this isn’t so bad at all …
Facebook allows us to use this fantastic platform for free, while it costs millions to keep it running. Ads are one of the only ways to support these necessary investments.
Would you choose to see some ads of stuff that might interest you while using Facebook ?
Or would you rather see ads that are of no interest at all for you ?
Personally I’m joining forces with the younger generation and choose to see ads that might interest me.

When I was thinking about this blogpost, my thoughts drifted away to the memory of my grandparents. I remember from my childhood years, that at my grandparents’ house the doors were always open. Through the backdoor of their house family, friends and neighbors were walking in and out all day long. I think they were much less concerned about their privacy than we are.
Maybe privacy is most of all a problem of our generation ?