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Episode 10 – Using Your Wallet To Hack Your Business Networking

Show Whiteboard

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Show Notes

This fun activity, technique, and presentation requires $37, but it costs nothing. Your fellow networkers walk away with a great understanding of their roles and the value each of them brings to the group. You get to keep your $37 and benefit from an inspired networking group ready to take their collective networking to the next level.

What you need:

  • An old $1 bill, wrinkled, torn, marked up, etc.
  • A new $1 bill, crisp and perfect
  • A new $5 bill, crisp and perfect
  • A new $10 bill, crisp and perfect
  • A new $20 bill, crisp and perfect
  • An old, worn business card
  • A “magic” wallet

How is works:

Pull your “magic” wallet out of your pocket or pursue and open it up to see what might be found inside.

The old, worn business card

Take out the old, worn business card. It represents the new person to the networking group. A person who may or may not have any interest in joining, but are apparently there to try to get business as quickly as possible. Put the business card back in the wallet.

The old $1 bill

Take out the old $1 bill. Compared to the business card, the old dollar does have a value. It represent the person who has started to come to the the business networking group on a regular basis, where group members are now getting familiar with potential member. Put the old dollar back in the wallet.

The new $1 bill

Take out the new $1 dollar bill. This represents a new member to the group, a person who has growing potential of someone who may be able to use services of other members, but someone who may possibly be able to get business from other members as well. Put the new dollar bill back in the wallet.

The new $5 bill

Take out the new $5 dollar bill. This represents a member who has used the services of the other members of the business networking group. This person shows commitment to the group and the promotion of other member’s services. This person also meets with other members outside of the group. Put the $5 bill back in the wallet.

The new $10 bill

Take out the new $10 bill. This represents the a business networker who uses many services of members in the group. This person has been a member of the group for a longer period and no longer considered “new” and receives referrals from other group members. This person also shares business referrals among the group members. Put the $10 bill back in the wallet.

The new $20 bill

Take out the new $20 bill. This represents the ultimate business networker. Not only does this person have the value of an avid networker, but this person also attracts others into business networking, to the group, and inspires others to become more valuable business networkers.

People will assign themselves to a dollar of some amount. It is up to you to motivate them to increase that dollar amount and bring value to the group as a whole.


What ideas do you have for business networking?

Leave your answer in the comments section below.

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