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Ian Gotts - blog
Ian Gotts speaks regularly to business audiences and consequently has time to read, think and reflect on his discussions with senior business people. This blog is built on this thinking.

His latest book, Common Approach Uncommon Results, has transformed how senior executives think about creating sustainable business change in organisations. The book is available from the publishers, www.Ideas-Warehouse.com or Amazon.co.uk



Business Networking Events and Singles Parties... are really the same.

Thursday, October 13, 2005
Everyone's been to a few "business networking" events. With talk of mixing business with pleasure made me consider the real similarities between networking ewvents and singles dating clubs.
 
Location: Networking events are often held in a bar. Guess what? Singles mingle in bars all the time, and the booze is a flowing in both types of events.
 
Attendance : much like Saturday night at a sports bar, the men will vastly outnumber the women.
 
Breaking the ice : Much like attending a matchmaker's party, the business networker is often given something to help break the ice while meeting new people. Sometimes it's just a name tag. Other times it's a badge, colour-coded to what your professional niche is, or what your convention status is. Oreveyone has a code badge with specific characters - find another person with an identical stamp on their card and you win a prize. Sounds like arranged marriages!!
 
The people: At networking events, there seem to be two types of people: those huddling with entourage, only occasionally leaving their group to fetch a new drink; and those who approach potential partners and drop opening lines like "Hi, my name's Bob. What's your job?" Sound familiar?
 
Making the introduction: At networking events, the vast majority of opening lines revolve around dropping your title and/or enquiring as to the other person's job. So it's not "what's your star sign", but "what do you do for a living". An opening line is still just that, even if more people lead in with a handshake in networking events than their singles equivalent.
 
Leaving with a Partner: At a business event, you might be looking for a long-term strategic partner or just a partner for a particular short-term need. The exact same thing occurs at a singles party, although modesty precludes too close an examination of this context.
 
Looks are important: While you're out looking for that business partner, there are frightening parallels. Looks are still important, though the emphasis is maybe the cut of one's suit. Business cards are collected and fancy titles savored. All the better if you partner with the CEO, instead of a programmer.
 
Looking for funding : When the networking is for Venture Capital and potential investorsthen this is the business equivalent of a Sugar Daddy. A lot of people would like nothing more than to have an investor fund their short-term, exit-strategy-focused venture. That is to say, they want to be taken out for dinner and bought some jewelry before they stop returning phone calls. Then there's another class of investor-stalking attendee that's looking for first-round financing for a long-range business plan. These people are looking for a ring.
 
The morning after: Especially in the case of the investor function, just like Saturday night, even though everyone's out looking for a partner, almost every one still goes home alone. And for those who don't go home alone, sometimes their new partners don't look so good in the morning. Much as a single person would rather gnaw off their arm, as to slip out in the morning without waking a particularly distasteful partner, a breach of contract lawsuit is the ultimate extension of Coyote Love.
 
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