Startups
The Common Mistakes in Network Upgrades
Entrepreneurs looking to grow their business often hear the same advice: “You need to upgrade your network.” Most people assume that means meeting more successful people, attending better events, or collecting more impressive names in their contacts. That is not wrong, but it’s incomplete.
The real network upgrade isn’t just about who you know. It’s about becoming someone who creates more value through the people, systems, and standards you’re connected to. It is becoming the type of person who can create more value for others through the help of the people, systems and standards they are connected to.
This distinction makes all the difference.
As all seasoned entrepreneurs know, the weakest version of networking is transactional. That version asks selfishly, “Who can help ME get what I want?”
The strongest version of networking asks, “Who can I help, build with, learn from and become a better leader alongside?” That is where your personal growth and your network’s growth create massive momentum!
Your Network Is Not Only Who You Know
Most entrepreneurs underestimate how deeply their environment shapes their decisions. We have all heard we are the average of the 5 people we spend the most time with. Whether or not it’s scientifically proven, the principle resonates with many entrepreneurs.
An entrepreneur’s standards will definitely start to drift, if they spend enough time with people who avoid accountability, cut corners and complain.
However, that same entrepreneur’s standards continually improve and strengthen, if they spend enough time with people who solve problems, honor commitments, think bigger and take action.
Many business owners miss the fact that Every business grows through trust, it is a belief system, a decision-making filter and a mirror.
If all someone ever sees is business owners playing defense, eventually they also start protecting what they have instead of building what’s next.
Conversely, if someone spends time around people who are growing, adapting and serving at a higher level, they will rise.
Contribution Is The Foundation Of The Best Network
The best quote from Zig Ziglar on this is: “The best way to get what you want is to help enough other people get what they want.” Businesses grow through trust, and trust grows when people believe you’re invested in their success, not just your own, which is a natural result when people believe that business is invested in their success instead of only its benefit.
This is where many entrepreneurs get networking all wrong and decide it doesn’t work. They’re more focused on being impressive than being valuable. They lead with what’s interesting about them instead of being interested in others. They try to withdraw from an account that they have not deposited into.
The better approach is to become the entrepreneur constantly bringing energy, ideas and connections. Make introductions, share resources, ask thoughtful questions, celebrate someone else’s win and follow up when there is nothing immediate to gain. Being known as the person who helps others move toward what matters to them elevates a business owner as an impactful part of that person’s growth story.
Get Prepared for Grant Opportunities
Entrepreneurs often find themselves overwhelmed with the idea that they need to excel in every skill to succeed. From sales and marketing to operations and leadership, the list seems endless. However, the key to growth lies in accessing the right tools, people, and systems rather than trying to master everything on your own.
Building a strong network is crucial as it provides access to experiences and wisdom beyond your own. It offers shortcuts that are based on valuable insights and lessons learned by others who have already achieved what you aspire to.
You Don’t Need To Build Every Skill Yourself
One common misconception is that entrepreneurs have to be proficient in every skill. However, growth often comes from leveraging the expertise of others and surrounding yourself with the right people. A strong network can provide invaluable support and guidance, helping you navigate challenges and reach new heights.
Upgrade Your Role In The Room, Not Just The Room
Seeking access to better opportunities is essential, but it’s equally important to focus on personal growth. Pay attention to how you engage in these environments, listen actively, ask insightful questions, and strive for continuous improvement. Your network should challenge you to raise your standards and push beyond your comfort zone.
Building A Network That Functions Like A Filter
An effective network is structured and purposeful, comprising mentors, specialists, and connectors. These relationships should be built on trust and mutual benefit, helping you make better decisions, seize opportunities, and stay resilient in the face of challenges.
The Real Upgrade
The true value of a network lies in the access to better systems, standards, and opportunities for growth. Simply expanding your contacts is not enough; you must actively engage with your network, contribute meaningfully, and strive to create value at a higher level. By surrounding yourself with the right people and resources, you can elevate both your business and personal development.
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