Recently, Steve Strauss (the community’s resident Small Business Expert) conducted a live Twitter event titled “The Power of Networking”.  We thought the rest of the Small Business Community would find this information useful and informative as well, so below is the complete transcripts from this live Twitter event.  Enjoy!

 

 

Steve-Strauss-in-article.jpgTWEET FROM: BOFA_NEWS

The Power of Networking #smallbiz chat is starting now w/ #BofA and @stevestrauss. Use #sbcommunity to participate

 

TWEET FROM: STEVESTRAUSS

Welcome to the Power of Networking Twitter chat brought to you by Bank of America’s Small Business Community #sbcommunity

 

TWEET FROM: STEVESTRAUSS

I’m Steve Strauss, a contributor to #BofA’s Small Business Community and small business subject matter expert #Spon #sbcommunity

 

TWEET FROM: STEVESTRAUSS

My co-host today is Mary Bintz who will be tweeting from the @BofA_News handle #sbcommunity #sbcommunity

 

TWEET FROM: FRANCHISEKING

Hello @SteveStrauss! #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Great to see you Joel @franchiseking! #sbcommunity

 

TWEET FROM: RIEVA

Excited to be joining the #sbcommunity chat with @stevestrauss & @bofA_news starting NOW.

 

TWEET FROM: BARRYMOLTZ

I am now on the #sbcommunity chat with @stevestrauss & @bofA_news starting NOW. Use hashtag #sbcommunity to join!

 

TWEET FROM: STEVESTRAUSS

Hi @Rieva - Great to see you #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Over the next hour we’ll discuss how networking amongst small business owners can help your small business succeed #sbcommunity

 

TWEET FROM: FRANCHISEKING

Hello @barrymoltz #sbcommunity

 

TWEET FROM: ADELEWHIT

Hi everyone. #sbcommunity

 

TWEET FROM: STEVESTRAUSS

In addition we will talk a bit about the new Small Business Community bought to you by @BofA_News #sbcommunity

 

TWEET FROM: FRANCHISEKING

Hello @Rieva ! #sbcommunity

 

TWEET FROM: BOFA_NEWS

Welcome @rieva @franchiseking @barrymoltz - thanks for joining the chat #sbcommunity

 

TWEET FROM: ADELEWHIT

Im tweeting from my office at Whitaker's Landscaping http://t.co/15jGmzyM

#sbcommunity

 

TWEET FROM: RIEVA

@FranchiseKing hey Joel. Steve #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@BofA_News great to be here, thanks for having me #sbcommunity

 

TWEET FROM: STEVESTRAUSS

We’ll also share networking best practices and tips for what might help your business #sbcommunity

 

TWEET FROM: STEVESTRAUSS

And hello also to my pal @BarryMoltz - thanks for joining us today

#sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss thanks for having me Steve #sbcommunity

 

TWEET FROM: FRANCHISEKING

You got it. I'm now an active member on your community site. Answering #franchise questions @BofA_News #sbcommunity

 

TWEET FROM: STEVESTRAUSS

To interact with us during this chat – and to answer questions that we are asking – please use the hashtag #sbcommunity

 

TWEET FROM: FRANCHISEKING

Hey @ramonray #sbcommunity

 

TWEET FROM: RIEVA

@BofA_News Thanks. glad to be here today #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Additionally Mary, tweeting from, @BofA_News and I will be happy to answer any small business-related questions #sbcommunity #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@FranchiseKing good to see we have the best for #franchise questions #sbcommunity

 

TWEET FROM: ADELEWHIT

  1. Great......always looking for great ideas to help our business #sbcommunity

 

TWEET FROM: STEVESTRAUSS

And hello also to @RamonRay #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Let’s get started with our first topic – understanding your current networking practices!

#sbcommunity

 

TWEET FROM: RIEVA

@barrymoltz can you call me after the chat? See we're networking #sbcommunity

 

TWEET FROM: BOFA_NEWS

Let’s get started! Take it away @stevestrauss with our first topic – understanding your current networking practices! #sbcommunity ^MB

 

TWEET FROM: SOCIALSITEMEDIA

Hello Everyone! #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Question #1 – Do you currently network with other small business owners to share share/offer industry best practices? #sbcommunity

 

TWEET FROM: STEVESTRAUSS

I really think that networking is a skill you and your business can’t afford to be without. #sbcommunity

 

TWEET FROM: BOFA_NEWS

A peer group can act as an informal board of directors and an opportunity for real-world experience sharing. #sbcommunity ^MB

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss A1. yes, I think social media makes it easy to share best practice info links and ideas #1 #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@BofA_News A lot of people have formal or informal mastermind groups #sbcommunity

 

TWEET FROM: FRANCHISEKING

Since so many things are online now, there's "virtually" no excuse to not network, @SteveStrauss #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Social media has changed so many things, including best practices #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@FranchiseKing I agree Joel #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Barry - you have a mastermind group as I recal, is that right? #sbcommunity

 

TWEET FROM: RIEVA

Q#1 I think networking is so important. both on a local, national & global basis #sbcommunity

 

TWEET FROM: HOOVERS

@barrymoltz Yes. 87% of SMBs say SoMe is somewhat or very helpful to their org. @Vocus @ducttape study #sbcommunity

 

 

TWEET FROM: BARRYMOLTZ

@Hoovers yes so easy to network with SHARE buttons everywhere #sbcommunity

 

TWEET FROM: BOFA_NEWS

Welcome @ramonray - thanks for joining #sbcommunity

 

TWEET FROM: STEVESTRAUSS

The thing is - no longer is networking just handing 1 business card to 1 person - its handing 1tweet to 1000 people #sbcommunity

 

TWEET FROM: RIEVA

.@SteveStrauss Social media does make it easier, but some use that as an excuse to not GO somewhere #sbcommunity

 

TWEET FROM: LENNTV

#sbcommunity virtual networking is great, but in my experience it's just as important to meet your clients face to face whenever possible.

 

TWEET FROM: BOFA_NEWS

SBOs can use #BofA’s Small Business Community to learn how to improve their biz from other SBOs http://t.co/mdFvhPhj #sbcommunity ^MB

 

TWEET FROM: BRANDONSONOFOLE

@Rieva Completely agree. I fall into that same habit or mindset. #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss so does it mean that our networking has to be more deliberate cuz its amplified by SoMe? #sbcommunity

 

TWEET FROM: STEVESTRAUSS

That is an interesting statistic @Hoovers. Where did you get that? 87% is high, and great #sbcommunity

 

TWEET FROM: RAMONRAY

a firm hand shake or more is the best way for genuine - know, like, trust #sbcommunity

 

TWEET FROM: FRANCHISEKING

Social Media has made it possible to have folks like @Rieva @BarryMoltz @RamonRay IN my network. Important- we've met in person #sbcommunity

 

TWEET FROM: BARRYMOLTZ

Nope nothing replaces this! RT @Lenntv: #sbcommunity virtual networking is great, but it's as important to meet your clients face to face

 

TWEET FROM: HOOVERS

@Rieva Interestingly enough, SMBs aiming to build a large but unengaged audience think SoMe is most helpful. @Vocus @ducttape #sbcommunity

 

TWEET FROM: STEVESTRAUSS

I think the power of networking online is that you can meet people you would not normally meet. @Rieva taught me that! #sbcommunity

 

TWEET FROM: BARRYMOLTZ

Easy mistake RT @Hoovers: @Rieva SMBs aiming to build a large but unengaged audience think SoMe is helpful. @Vocus @ducttape #sbcommunity

 

TWEET FROM: RIEVA

We all do. It's hard to drag yourself to an event, but it's really important. Face 2 face counts @BrandonSonofOle #sbcommunity

 

TWEET FROM: ADELEWHIT

but networking and social media is a great way to get your name out to so many more people #sbcommunity

 

TWEET FROM: BARRYMOLTZ

Nothing replaces face to face RT @tomfrancoeur: RT @ramonray: a firm hand shake is the best way for genuine - know, like, trust #sbcommunity

 

TWEET FROM: STEVESTRAUSS

And the thing is, another important thing is to turn that online biz connection to a business relationship - as @RamonRay says #sbcommunity

 

TWEET FROM: ADELEWHIT

then when you get to have a face to face with the customer #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Topic/Question #2 – Do you find more success when networking with SBOs locally or on a national/international scale? #sbcommunity

 

TWEET FROM: RIEVA

Yes, THAT was fun @SteveStrauss #sbcommunity

 

TWEET FROM: BOFA_NEWS

#BofA’s SBC can connect you with SBOs nationwide – it’s a great way to expand your daily face-to-face networking #sbcommunity ^MB

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss A2 I think the best success is using SoMe or email to start or extend the relationship #2 #sbcommunity

 

TWEET FROM: HOOVERS

@SteveStrauss: Link to @Vocus @ducttape #SMB social media study: http://t.co/rexjahYt #sbcommunity

 

TWEET FROM: FRANCHISEKING

Networking used to be 85% local. Now, it's only 10%. My clients are all over the US and Canada #2 #sbcommunity

 

TWEET FROM: OGOING

Why are most small business owners reluctant to network, market and promote? How do we change this? #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@FranchiseKing yes, with @SmallTownRules geography is meaningless ! #2 #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Yes @adelewhit, in the end, you have to meet face to face, although I didnt meet my editor at usatoday for 5 years #sbcommunity

 

 

TWEET FROM: STEVESTRAUSS

Linking up with other SBOs willing to offer advice, no matter where they are, is important when sourcing new opportunities #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss after a relationship is started, it really can be strengthened IRL #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss SBOs and all of us are afraid of rejection! #sbcommunity

 

TWEET FROM: FRANCHISEKING

And, meeting the @USAToday editor in person still worked out? LOL @SteveStrauss #sbcommunity

 

TWEET FROM: LPT

@barrymoltz @rieva @ramonray @shashib - ditto on the #sbcommunity chat comments about F2F. Met all of you online 1st, but mtg offline was +1

 

TWEET FROM: STEVESTRAUSS

I think for many SB owners, they do what they do and it takes time to network or learn something new, what do you think? #sbcommunity

 

TWEET FROM: RIEVA

for me natl works best but it depends on what you do, where your customers are @SteveStrauss #2 #sbcommunity

 

TWEET FROM: FRANCHISEKING

Welcome to this powerful chat, @shashib #sbcommunity

 

TWEET FROM: BRANDONSONOFOLE

Gr8 question! RT @Ogoing: Why are most small business owners reluctant to network, market and promote? How do we change this? #sbcommunity

 

TWEET FROM: FRANCHISEKING

Welcome to the chat. Thanks for your support, @TheWindowGenie #sbcommunity

 

TWEET FROM: BOFA_NEWS

Don’t forget to think about networking locally before you network nationally & globally – take care of your base! #sbcommunity ^MB

 

TWEET FROM: BARRYMOLTZ

@LPT I rmember the great food in Austin with you! #sbcommunity

 

TWEET FROM: STEVESTRAUSS

I saw a statistic from the B of A Small Business Owner Report that said that 75% of SBOs find networking as their best tool #sbcommunity

 

TWEET FROM: SOCIALSITEMEDIA

A2: In today's economy, people prefer local IF they are gonig to get the best product/service. Can't forget where you started. #sbcommunity

 

TWEET FROM: STEVESTRAUSS

and word of mouth too. Word of mouth is so different these days - a retweet is word of mouth today #sbcommunity

 

TWEET FROM: HOOVERS

@SteveStrauss @Ogoing SMB owners wear a lot of hats--it's hard to find time to network. The reason for increased SoMe interest? #sbcommunity

 

TWEET FROM: RIEVA

I think part of it is making the time. @SteveStrauss @barrymoltz #sbcommunity

 

TWEET FROM: SHASHIB

@FranchiseKing Yes as soon as I saw my bulb glowing without switching on I knew #sbcommunity is a powerful chat

 

TWEET FROM: STEVESTRAUSS

Yes @Hoovers, online networking can save a lot of time - OR waste a lot of time! #sbcommunity

 

TWEET FROM: BARRYMOLTZ

Very True!@ RT @SocialSiteMedia: A2: people prefer local IF they are going to get the best product. Can't forget where u start. #sbcommunity

 

TWEET FROM: SHASHIB

@LPT Greetings! Hope you are doing well #sbcommunity

 

TWEET FROM: OGOING

@SteveStrauss Yup. Busy running their business. But few realize that they have to grow. May be they are content with profits? #sbcommunity

 

TWEET FROM: FRANCHISEKING

Good one! #green @shashib #sbcommunity

 

TWEET FROM: RAMONRAY

I find many small biz are focused on the NEXT SALE they don't think of long term relationships - #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@Ogoing they get trapped in doing the work, but not having a systematic marketing strategy #sbcommunity

 

TWEET FROM: OGOING

@barrymoltz How do we change their thinking? Many consider marketing as an unnecessary expense, and are not willing to spend. #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Its like the e-myth wisdom - you need to work ON your business not just IN your business #sbcommunity

 

TWEET FROM: FRANCHISEKING

Truthat @ramonray #sbcommunity

 

TWEET FROM: RIEVA

Some people are shy too #sbcommunity

 

TWEET FROM: STEVESTRAUSS

They need to get unstuck #barrymoltz #sbcommunity

 

TWEET FROM: RAMONRAY

"systematic marketing strategy" - that is the key @ducttape and @Infusionsoft preach this all the time #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss yes, I call it Breaking the Double Helix Trap #sbcommunity

 

TWEET FROM: HOOVERS

True that! RT @SteveStrauss: Its like the e-myth wisdom - you need to work ON your business not just IN your business #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss yes, we all get stuck now and then! #barrymoltz #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Joel -is this true for franchisees too? @franchiseking #sbcommunity

 

TWEET FROM: FRANCHISEKING

Franchisees need to focus on local. Period. @SteveStrauss #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@FranchiseKing interesting how some people are more shy online than IRL #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Topic/Question #3 – Having a business mentor is a great way to get ahead. Who do you turn to for mentorship? #sbcommunity

 

TWEET FROM: LPT

@Hoovers @SteveStrauss @Ogoing - just used that "lots of hats" analogy in my post earlier today! http://t.co/nCS6yevn #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Mentors have made a huge difference in my business. Some of the folks here have mentored me in fact #sbcommunity

 

TWEET FROM: GETHOOPLA

So true! RT @ramonray: I find many small biz are focused on the NEXT SALE they don't think of long term relationships - #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss If you talk to folks about your biz, mentors I believe come forward to help! #3 #sbcommunity

 

TWEET FROM: BOFA_NEWS

In my experience, mentoring through #BofA’s SBC has proven effective and rewarding. http://t.co/SkU8dpkG #sbcommunity ^MB

 

TWEET FROM: STEVESTRAUSS

I have had different mentors at different times. but it alsways seemed organic. I never planned it. You? #sbcommunity

 

TWEET FROM: ADELEWHIT

times have changed and if we don't adapt we will disappear. #sbcommunity

 

TWEET FROM: BARRYMOLTZ

Source: twitter.com, Posted on: Sep 20, 2012 06:25 PM by barrymoltz

A3 I am lucky to have @Rieva as one of my mentors! @SteveStrauss #sbcommunity

 

TWEET FROM: RAMONRAY

MENTORS: @normbrodsky @yacovw - they have helped me grow - one by reading him the other by frequent meetings #sbcommunity

TWEET FROM: HOOVERS

A3: A great mentor teaches us to ask all the right questions. #sbcommunity

 

TWEET FROM: STEVESTRAUSS

But I also know that finding a mentor can also come by having the chutzpah to ask someone whom you admire to mentor you #sbcommunity

 

TWEET FROM: RAMONRAY

There is a difference between MENTORS and PEERS - both are important yet different - #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@Hoovers a mentor helps us also question our answers #sbcommunity

 

TWEET FROM: SOCIALSITEMEDIA

A3: Mentor(s) are everywhere...you need just one. Reading industry blogs are a great way to find knowledgeable info. #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@ramonray can a mentor be a peer? I think so #sbcommunity

 

TWEET FROM: STEVESTRAUSS

How did you get those mentors @RamonRay? #sbcommunity

 

TWEET FROM: RIEVA

Aw shucks. RT @FranchiseKing: RT @barrymoltz: A3 I am lucky to have @Rieva as one of my mentors! @SteveStrauss #sbcommunity

 

TWEET FROM: ADELEWHIT

@SteveStrauss I agree a good mentor opens your eyes to many possibilities

#sbcommunity

 

TWEET FROM: SOCIALSITEMEDIA

A3: **don't need just one. Oops! #sbcommunity

 

TWEET FROM: STEVESTRAUSS

I know someone who uses LinkedIn to find both mentors and business. All you have to do is ask sometimes #sbcommunity

 

TWEET FROM: OGOING

Here's a small business owner, an experienced Los Angeles Tax Attorney, who is networking and growing. http://t.co/Shqf0oXX #sbcommunity

 

TWEET FROM: HOOVERS

"A mentor is someone who sees more talent & ability within you, than you see in yourself, & helps bring it out." ~ Bob Proctor #sbcommunity

 

TWEET FROM: HOOVERS

+10 RT @barrymoltz: @Hoovers a mentor helps us also question our answers #sbcommunity

 

TWEET FROM: OGOING

@Rieva @FranchiseKing @barrymoltz @SteveStrauss Cool! Rieva rocks #sbcommunity

 

TWEET FROM: BRANDONSONOFOLE

Would you say that's cuz they're truly interested in our success? MT @barrymoltz: A mentor helps us also question our answers #sbcommunity

 

TWEET FROM: ADELEWHIT

Source: twitter.com, Posted on: Sep 20, 2012 06:29 PM by adelewhit

does anyone use the sight http://t.co/Ph2CZbew? #sbcommunity

 

TWEET FROM: STEVESTRAUSS

How have mentors helped you? For me it was both how to look at things AND introductions/advice #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@BrandonSonofOle mentors question us because it is hard for us to do it honestly ourselves #sbcommunity

 

TWEET FROM: RIEVA

  1. Thanks. I so appreciate that @Ogoing #sbcommunity

 

TWEET FROM: STEVESTRAUSS

welcome @LN_Bikes to our chat! #sbcommunity

 

TWEET FROM: SHASHIB

He knows me well RT @FranchiseKing: RT @Rieva: Some people are shy too - Like @shashib #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss mentors help me look at things I am uncomfortable looking at #sbcommunity

 

TWEET FROM: FRANCHISEKING

Mentors have helped me by offering suggestions that are way, way, out of box. #sbcommunity

 

TWEET FROM: OGOING

@SteveStrauss @BrandonSonofOle @barrymoltz @Hoovers How do you find that really good one mentor? It's hard to find that person. #sbcommunity

 

TWEET FROM: RIEVA

@shashib you are the LEAST shy person #sbcommunity

 

TWEET FROM: STEVESTRAUSS

That sounds like my wife! #sbcommunity

 

TWEET FROM: SOCIALSITEMEDIA

A3: Mentors are so important to SB owners. It's scary out there and mine has always done a good job of keeping me focused. #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@ramonray I am a fan of @Normbrodsky #sbcommunity

 

TWEET FROM: TOMFRANCOEUR

@stevestrauss Strategy. That's where I've gotten the most help from mentors. #sbcommunity.

 

TWEET FROM: STEVESTRAUSS

I also find that mentors open doors #sbcommunity

 

TWEET FROM: RIEVA

or nag RT @barrymoltz: @BrandonSonofOle mentors question us because it is hard for us to do it honestly ourselves #sbcommunity

 

TWEET FROM: ADELEWHIT

Mentors helped me realize that I have good ideas and helped keep me focused

#sbcommunity

 

TWEET FROM: HOOVERS

@Ogoing Determine what you're looking for in a mentor (expertise, geo, experience, influence), research candidates on LinkedIn. #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Question #4 – Do you use social media sites to network and learn from other small businesses? #sbcommunity

 

TWEET FROM: BOFA_NEWS

Don't be shy about asking someone you respect to be your mentor. You can also consider using SM to connect, ie LinkedIn #sbcommunity ^MB

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss A4 yes all the time, SoMe opens up access that would not otherwise be there #4 #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Among other things social networks can help you find the proper talent for your small business #sbcommunity

 

TWEET FROM: SHASHIB

#sbcommunity Having a Small Business Advisory Board is also a good idea for a small business #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@BofA_News yes, but you have to get the free vs fee thing straight with a mentor early on #sbcommunity

 

TWEET FROM: ADELEWHIT

yes and it has opened my customer base #sbcommunity

 

TWEET FROM: BOFA_NEWS

The recent Small Biz Owner Report showed only 28% of SBOs used social media to connect w/ other small biz #sbcommunity ^MB

 

TWEET FROM: BARRYMOLTZ

Check out @Aileron_org RT @shashib: #sbcommunity Having a Small Business Advisory Board is also a good idea #sbcommunity

 

TWEET FROM: RIEVA

Yes, Twitter is my personal favorite @SteveStrauss #4 #sbcommunity

 

TWEET FROM: ADELEWHIT

@BofA that is crazy #sbcommunity

 

TWEET FROM: SOCIALSITEMEDIA

A4: @SteveStrauss Everyday! That's the beauty of social media; it's one big, open community just waiting for you to interact. #sbcommunity

 

TWEET FROM: STEVESTRAUSS

The recent Small Biz Owner Report showed only 28%of SBOs used social media to connect w/ other small biz #sbcommunity ^MB #sbcommunity

 

TWEET FROM: LPT

@SteveStrauss - even advice I disagreed with from a mentor was helpful once. helped me solidify my own career philosophy. #sbcommunity

 

TWEET FROM: OGOING

@SteveStrauss Our business is social media. We use it for networking, marketing, learning and growing! It works! #sbcommunity

 

TWEET FROM: HOOVERS

A4: Currently, there are 6,874,850 small-business professionals networking on LinkedIn. (LinkedIn data) #sbcommunity

 

TWEET FROM: RIEVA

28%? Wow that's shocking--and stupid. C'mon biz owners--social media is key to so much @BofA_News #sbcommunity

 

TWEET FROM: FRANCHISEKING

I'll listen to anyone that wants to be a mentor-if they're ethical people. #sbcommunity

 

TWEET FROM: HOOVERS

Right on! RT @Rieva: 28%? Wow thats shocking--and stupid. Cmon biz owners--social media is key to so much @BofA_News #sbcommunity

 

TWEET FROM: BOFA_NEWS

@adelewhit May be surprising, but true. We expect that number will rise in the future. #sbcommunity ^MB

 

TWEET FROM: STEVESTRAUSS

I know of a woman who started a biz, joined LinkedIn, participated a lot, and got 50 people to volunteer for her Bd of Advisors #sbcommunity

 

TWEET FROM: ADELEWHIT

I would hope it increases, what a waste of resources.

 

TWEET FROM: THEWINDOWGENIE

#sbcommunity A great mentor does not have all the answers, they challenge you to find them or create your own and apply that

 

TWEET FROM: RAMONRAY

Also EVERY business owner should himself/herself be a mentor to others - #sbcommunity

 

TWEET FROM: OGOING

@Hoovers Ogoing is trying to grow the social media network. It's very hard! We are up to 5K members now. 10K barrier is huge #sbcommunity

 

TWEET FROM: BOFA_NEWS

It’s important when pressed for time to remember that social media helps keep your networking alive #sbcommunity ^MB

 

TWEET FROM: RAMONRAY

I overheard a young man tell someone else I was HIS mentor and I did not even know it - #sbcommunity (and I almost started crying)

 

TWEET FROM: SHASHIB

Of course! If you have @FranchiseKing as a mentor you run the danger of expanding your business #sbcommunity

 

TWEET FROM: OGOING

@FranchiseKing Agreed! #sbcommunity

 

TWEET FROM: BOFA_NEWS

Interesting b/c 75% of business owners have been

‘put off’ by a company due to their poor use of social #sbcommunity ^MB

 

TWEET FROM: RIEVA

true RT @ramonray: Also EVERY business owner should himself/herself be a mentor to others - #sbcommunity

 

TWEET FROM: SHASHIB

@SteveStrauss Thanks Steve. Great insights in your tweets and articles #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@ramonray yes pay it forward! #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Given that networking and word of mouth are key for SB marketing, one would think that the online option would be higher #sbcommunity

 

TWEET FROM: FRANCHISEKING

Thank you so much @shashib You are truly a Royal Subject #sbcommunity

 

TWEET FROM: HOOVERS

@Ogoing I hear you...When you do social media, leave your longing for instant gratification at the door. Keep on keepin' on. #sbcommunity

 

TWEET FROM: SOCIALSITEMEDIA

  1. Shocking. RT @BofA_News: The recent SB Owner Report showed only 28%

of SBOs used social media to connect w/ other small biz #sbcommunity ^MB

 

TWEET FROM: BARRYMOLTZ

@shashib yes, @SteveStrauss literally wrote the bible on #smallbiz #sbcommunity

 

TWEET FROM: RAMONRAY

Sometimes mentors don't even give you ADVICE per say but they open their network to you aka @shashib a true GIVER #sbcommunity

 

TWEET FROM: THEWINDOWGENIE

@ramonray Everyone has something to offer to another person. If teamwork is strong the end result will be #sbcommunity

 

TWEET FROM: CLICKBRAND

@Hoovers @Ogoing social media is definitely a marathon, not a sprint.. it takes time #sbcommunity

 

TWEET FROM: FRANCHISEKING

And, 28,455 of them follow you on #in @SteveStrauss #sbcommunity

 

TWEET FROM: RAMONRAY

SOCIAL JERKS only share their own (or their own company's) content - SOCIAL GIVERS share all relevant content #sbcommunity

 

TWEET FROM: HOOVERS

@Ogoing Also remember you don't have to be active on all platforms. Go where your audience is--where they want to engage w/you. #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@Clickbrand yes unfortunately most #smallbiz owners have a short term view #sbcommunity

 

TWEET FROM: SHASHIB

@barrymoltz I actually won the Small Business Bible by @SteveStrauss as a prize at an event and still cherish it #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Topic/Question #5 – Tell us your story – when has networking helped elevate the visibility of your company’s brand? #sbcommunity

 

TWEET FROM: FRANCHISEKING

I looks like @BrianMoran has entered the room #sbcommunity

 

TWEET FROM: OGOING

@Hoovers Ogoing has created a dedicated social network for small business. http://t.co/XXPb0yWW This is taking long to grow! #sbcommunity

 

TWEET FROM: BRANDONSONOFOLE

Plus, despite wealth of resources to turn to for support, majority of SBOs say they feel alone: http://t.co/yrgbKSqd #emp #sbcommunity

 

TWEET FROM: BOFA_NEWS

Business networking is one of the most effective marketing and prospecting tools you can use to grow your business #sbcommunity ^MB

 

TWEET FROM: STEVESTRAUSS

I know that for me, networking has taken my brand to a whole new level #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss A5 My relationships with many corporations started on Twitter #5 #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Hi @BrianMoran - great to see you #sbcommunity

 

TWEET FROM: BRIANMORAN

@barrymoltz @franchiseking Just a quick drive by to retweet some very smart #smallbiz people. #sbcommunity. Off to a meeting now.

TWEET FROM: FRANCHISEKING

#5 I have met people from all over the world that I never would have met by networking-on @Twitter #sbcommunity

 

TWEET FROM: SOCIALSITEMEDIA

A5: Online networking earned me my very first client in 2009. Taught me a great deal about how important an online presence is. #sbcommunity

 

TWEET FROM: ADELEWHIT

networking helped me tell people who we are, what we do and let people get comftorable with who they are dealing with #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Networking and branding go hand in hand because you never know what connection leads to what opportunity #sbcommunity

 

TWEET FROM: BOFA_NEWS

Welcome @brianmoran thanks for joining #sbcommunity ^MB

 

TWEET FROM: ADELEWHIT

for us an important this is all our employees are DOJ background checked, it help us sell ourselves before we even meet. #sbcommunity

 

TWEET FROM: BOFA_NEWS

The SBC is an opportunity to make connections that can potentially elevate a brand. http://t.co/mdFvhPhj #sbcommunity ^MB

 

TWEET FROM: ADELEWHIT

@SteveStrauss I never knew how true that was before. #sbcommunity

 

TWEET FROM: STEVESTRAUSS

I bet you have made some great connections for your biz and brand via networking @franchiseking - true for many people here #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss A5 I am meeting @BofA_News for the first time today even though I have followed their #smallbiz work for awhile #sbcommunity

 

TWEET FROM: OGOING

Ogoing members primarily join through networking and engagement on Twitter, LinkedIn, Facebook & Google+ Social Media rocks! #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Networking, esp. online, extends your name to a vast, whole new group of people #sbcommunity

 

TWEET FROM: STEVESTRAUSS

I got my column at USATODAY via networking, and that changed everything #sbcommunity

 

TWEET FROM: ADELEWHIT

@SteveStrauss agreed #sbcommunity

 

TWEET FROM: BARRYMOLTZ

Source: twitter.com, Posted on: Sep 20, 2012 06:52 PM by barrymoltz

@SteveStrauss A6 I owe my entire business as a result of networking #6 #sbcommunity

TWEET FROM: STEVESTRAUSS

Topic/Question #6 – Finally, and perhaps most importantly, when has networking benefited your business’s bottom line? #sbcommunity

 

TWEET FROM: SHASHIB

Have you heard @RamonRay speak? You don't have to eat for a year after - you will get that much energy #sbcommunity

 

TWEET FROM: TDSBIZ

@SteveStrauss that's great! It's nice to hear the #SBcommunity can help out!

 

TWEET FROM: STEVESTRAUSS

It is so easy to spend time online and not see an effect on the bottom line - keeping your ROI in mind is critical #sbcommunity

 

TWEET FROM: RIEVA

Networking benefits our bottom line every day. Clients, connections & firends @SteveStrauss #6 #sbcommunity

 

TWEET FROM: OGOING

How do you develop and establish trust when you network online? There is a bit of unease for most small business owners. #sbcommunity

 

TWEET FROM: RAMONRAY

@Ogoing I think TRUST can only be established over time - #sbcommunity - people have a mask online

 

TWEET FROM: FRANCHISEKING

Take baby steps at first. @Ogoing #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@ramonray Don't rush trust! #sbcommunity

 

TWEET FROM: STEVESTRAUSS

"How do you develop and establish trust when you network online?" - send folks to your site where you post testimonials #sbcommunity

 

TWEET FROM: RIEVA

it's like marketing it's exposure. people will get more comfortable w. you the more you interact @Ogoing #sbcommunity

 

TWEET FROM: ADELEWHIT

A6 every day I am benefited by networking. #sbcommunity

 

TWEET FROM: PEOPLEFUNDATX

Peoplefund owes a lot of its grants to relationships built from networking. @SteveStrauss #sbcommunity

 

TWEET FROM: ADELEWHIT

@SteveStrauss testimonials have been a big part of new customers. #sbcommunity

 

TWEET FROM: OGOING

@ramonray True! Most online networkers are quick to jump the gun though #sbcommunity

 

TWEET FROM: STEVESTRAUSS

the 80-20 rule applies here too - post 80% of your content about THEM. 20% about you #sbcommunity

 

TWEET FROM: HOOVERS

@Ogoing To establish online trust, be consistently honest & sincere. Build your reputation by helping others build theirs. #sbcommunity

 

TWEET FROM: OGOING

@SteveStrauss Agreed. Objective testimonials always help. On the website or on reviews sites. #sbcommunity

 

TWEET FROM: ADELEWHIT

when a potential customer can read a testimonial from another client it establishes a sense of comfort #sbcommunity

 

TWEET FROM: BOFA_NEWS

Share your tips and best practices with the members of the Small Business Community http://t.co/mdFvhPhj #sbcommunity ^MB

 

TWEET FROM: ADELEWHIT

agreed 80-20 if you share so will others #sbcommunity

 

TWEET FROM: BRANDONSONOFOLE

@SteveStrauss That's what I tell my franchisees #sbcommunity

 

TWEET FROM: OGOING

@barrymoltz @ramonray Couldn't agree more! This is the essence of social media and networking. To know when to close #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Testimonials are key to establishing credibility online. People know zip about you when they go 2 your site the 1st time #sbcommunity

 

TWEET FROM: HOOVERS

@SteveStrauss Interesting that sharing news about org/products is the most popular way SMBs use SoMe. Inside-out promo. @Vocus #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Agreed, testimonials create a comfort and trust level #sbcommunity

 

TWEET FROM: SOCIALSITEMEDIA

Great advice! @Hoovers: @Ogoing To establish trust, be honest & sincere. Build your reputation by helping others build theirs. #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss yes no one wants to be the first! #sbcommunity

 

TWEET FROM: ADELEWHIT

exactly and testimonials make you more credible to potential customers #sbcommunity

 

TWEET FROM: BOFA_NEWS

@tdsbiz @SteveStrauss We'd love to have you check out the Small Business Community http://t.co/mdFvhPhj #sbcommunity ^MB

 

TWEET FROM: STEVESTRAUSS

Well, that's about it #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Thank you everyone for participating in our conversation today and thank you to chat co-hosts @BofA_News #sbcommunity

 

TWEET FROM: STEVESTRAUSS

We hope that you picked up a few tips on how networking can be beneficial for your #smallbiz #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss @BofA_News thanks for having me! Great #tweetchat #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Please tweet me directly, using the hashtag #sbcommunity, to let me know about the connections you made today! #sbcommunity

 

TWEET FROM: ADELEWHIT

thank you all #sbcommunity

 

TWEET FROM: BARRYMOLTZ

@SteveStrauss great to be in the same room with @ramonray @Rieva @FranchiseKing #smallbiz #sbcommunity

 

TWEET FROM: BOFA_NEWS

Thank you everyone for participating in our conversation today and thank you to our co-host @stevestrauss #sbcommunity ^MB

 

TWEET FROM: OGOING

@SocialSiteMedia @Hoovers What a great advice indeed! #sbcommunity

 

TWEET FROM: HOOVERS

@SteveStrauss Will #sbcommunity be a regular chat? Do you have another one on the calendar? #sbcommunity

 

TWEET FROM: RIEVA

Thanks @SteveStrauss #sbcommunity

 

TWEET FROM: STEVESTRAUSS

And please join the #BofA Small Business Community to continue to network with other SBOs! the URL Is #sbcommunity

 

TWEET FROM: SOCIALSITEMEDIA

Thanks @SteveStrauss and @bofa_news! Great chat. #sbcommunity

 

TWEET FROM: STEVESTRAUSS

http://t.co/DUBRhzJK #sbcommunity #smallbiz #sbcommunity

 

TWEET FROM: HOOVERS

Glad to connect with all of you! Thanks for sharing your wisdom, questions, and honesty with me! #sbcommunity

 

TWEET FROM: STEVESTRAUSS

The Small Business Communityu URL is http://t.co/DUBRhzJK #sbcommunity #smallbiz #sbcommunity

 

TWEET FROM: FRANCHISEKING

Lots of tips. Thanks for having me @SteveStrauss @BOFA_News #sbcommunity

 

TWEET FROM: STEVESTRAUSS

Thanks so much to everyone who participated today. Great info and tips! #sbcommunity

 

TWEET FROM: BOFA_NEWS

Thanks everyone, enjoyed the chat! #sbcommunity ^MB

 

TWEET FROM: OGOING

@SteveStrauss @ramonray @Rieva @FranchiseKing @Hoovers @barrymoltz @tomfrancoeur @SocialSiteMedia @Ogoing @BofA_News

@adelewhit #sbcommunity

 

TWEET FROM: BRANDONSONOFOLE

@SteveStrauss Thanks for hosting a great chat. Lots of great advice! #sbcommunity

 

TWEET FROM: LN_BIKES

@SteveStrauss Thanks! such great info #sbcommunity

 

TWEET FROM: LPT

Thanks for RTs @FranchiseKing @Rieva @barrymoltz - good conversation today on #sbcommunity @BofA_News!



About Steve Strauss

 

Steven D. Strauss is one of the world's leading experts on small business and is a lawyer, writer, and speaker. The senior small business columnist for USA Today, his Ask an Expert column is one of the most highly-syndicated business columns in the country. He is the best-selling author of 17 books, including his latest,The Small Business Bible, now out in a completely updated third edition. You can listen to his weekly podcast, Small Business Success, visit his new website TheSelfEmployed, and follow him on Twitter. © Steven D. Strauss You can read more articles from Steve Strauss by clicking here.


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