7 Ways to Build a Strong Professional Network and Increase Your Net Worth
7 Ways to Build a Strong Professional Network and Increase Your Net Worth
As someone who’s built a business, LMF NETWORK (Like Minded Females), written a book, and developed a thriving network, I can tell you this: it's not just about making connections, it’s about knowing who to connect with, why, and how you can help each other grow. This isn’t just theoretical advice, it's the foundation of my LMF Network app and my book, Unprepared to Entrepreneur.
Networking isn’t about impressing others or pretending to be something you’re not. The real magic happens when you show up authentically, invest time in listening, and commit to growing together with your connections. By applying simple yet effective strategies like the 3-2-1 rule of networking, you’ll unlock your future potential and open doors you never thought possible.
So, whether you’re just starting out or looking to strengthen your existing network, here are 7 ways you can do to take actionable steps toward building relationships that matter, build your network and grow your net worth:
1. Start With Your 12-Month Goal
Where do you want to be in the next year? What’s your big goal? It’s essential to start with clarity on what you want to achieve. Without this, it’s easy to get lost in the work hustle.
Having a clear, actionable goal will guide your networking and help you focus on the people who can support your vision.
2. Identify Who Can Help You Achieve It
Who in your network (or who you need to connect with) can help you achieve this goal? Think of people who have been where you want to go or who possess skills and experiences that complement yours. These are the people who will help open doors, introduce you to others, and offer advice along the way.
3. Offer Something in Return
Networking is about mutual value. What skills or experiences can you offer in return? because it’s not just about asking for help, it’s also about creating a relationship where you’re both growing and learning together.
So, what do you bring to the table that makes the connection worth their time?
4. Attend and Find Where They Are
Are these people in your offline network, or do you need to connect with them online? The key here is consistency. Try to attend events (whether online or offline), listen, and engage. The more you show up, the more you’ll expand your circle and strengthen existing relationships.
5. Apply the 3-2-1 Rule of Networking
This rule is simple: each time you network, aim to talk with three new people, connect with two, and follow up with one. This ensures you’re always building new relationships while also nurturing the ones that matter.
6. Follow Up and Build the Relationship
After meeting someone, follow up. A simple message or an email can go a long way in building a connection. Relationships don’t grow overnight, but consistent follow-ups and staying in touch can turn a casual connection into something meaningful.
7. Ask and Give
Don’t just take. The most successful networkers know how to give before they ask. If you’re genuinely interested in helping someone, they’re more likely to support you in return. Ask for advice, offer assistance, and remember: networking is a two-way street.
Takeaway
Building a strong network is one of the most valuable skills in your personal and professional growth. But it’s not just about who you know; it’s about how you nurture those relationships and bring value to others.
Key Piece of Advice
The best time to start networking is now. Whether you’re just starting your journey or looking to level up, focus on genuine connections. Your network is your net worth, and the more you invest in it, the more it pays off.
So What?
Build relationships that matter, take the time to offer value, and watch as your network (and net worth) grow in unexpected ways. And remember, every connection you make has the potential to open up new opportunities. The world is full of possibility, you just need to be willing to reach out and grab it.
Sonya Barlow is an award-winning entrepreneur, presenter and author with over 100K followers. She hosts her self-titled YouTube show "The Sonya Barlow Show", authored the business book "Unprepared to Entrepreneur" and runs a business inclusion consultancy and careers app, the "LMF Network". You can work with Sonya for campaigns, content and conversation. Connect via email 📩 - Hello@SonyaBarlow.Co.Uk.