Business Education

Strategic Secrets to Build a Networking Group That Unlocks Real Opportunities (Not Just Referrals)

When someone starts their first business, they do what every entrepreneur is told to do—join a networking group. They meet, shake hands, swap business cards, and trade referrals with people who barely remember their name the following week. After months of forced small talk and zero real opportunities, most entrepreneurs are ready to quit.

But what if that entrepreneur met a mentor who invited them to a small, curated group of professionals who approached networking differently? No scripted pitches, no transactional exchanges—just meaningful conversations and a shared goal of lifting each other up.

This wouldn’t just be a networking group. It would be a community built on trust, collaboration, and real growth. And the good news? You can create one too. Here’s how.

How to Form a Local Networking Group That Goes Beyond Referrals

Building a local networking group can be a powerful way to foster professional growth, collaboration, and community impact. While many groups focus solely on generating referrals, a truly effective network can offer much more—think skill-sharing, mentorship, and collective problem-solving. Here’s how to create a local networking group that delivers lasting value beyond business leads.

Define a Broader Purpose

Start by crafting a mission that transcends referrals. Ask yourself: What unique value can this group bring to its members and the community? Perhaps it’s supporting career transitions, promoting innovation, or addressing local challenges like sustainability or education.

For example, a group of small business owners might focus on sharing operational strategies, not just client recommendations. A clear, inspiring purpose attracts like-minded individuals and sets the tone for deeper engagement.

Keep it specific but flexible. “Empowering professionals to grow through collaboration and skill-building” beats a vague “networking for success.” Write this mission down—it’s your group’s North Star.

Identify Your Core Members

Recruit a small, diverse founding team who share your vision. Look for people with complementary skills—say, a marketer, a tech expert, and a local chamber member. Diversity in backgrounds and industries sparks richer discussions and ideas. Reach out through personal invites, local events, or platforms like Meetup or LinkedIn.
Aim for 5-10 committed starters; too many early voices can dilute focus. Screen for enthusiasm and willingness to contribute, not just attend. These pioneers will help shape the group’s culture and activities.

Design Meaningful Activities

Ditch the “elevator pitch only” format. Plan events that encourage real connection and value exchange. Also, host workshops where members teach skills—like a graphic designer leading a branding session or an accountant explaining tax hacks.
Organize roundtables to tackle industry trends or local issues. You can choose such things as adapting to economic shifts or supporting a charity. Even casual meetups can include a “challenge swap,” where members pitch problems and brainstorm solutions together.
Rotate formats to keep it fresh. The goal? Every gathering leaves members with new insights, not just business cards.

Set a Simple Structure

Keep logistics light but intentional. Choose a regular cadence—monthly or bi-monthly works well—and a consistent location, like a local café, library, or co-working space. Also, do the following:

Assign basic roles. a coordinator to schedule, a communicator for updates, and a facilitator to guide meetings. Avoid over-formalizing; no one joins a networking group for bureaucracy.
Membership can be open or curated. Open groups grow faster but may lack cohesion; curated ones ensure alignment but require more effort. Decide based on your mission and capacity.

Leverage Technology Wisely

Use tools to amplify, not replace, in-person connection. A group chat on Slack or WhatsApp keeps conversations alive between meetups. Share resources—articles, templates, event invites—in a Google Drive or newsletter. A private Facebook or LinkedIn group can house discussions and profiles, making it easy to match skills or needs. Just don’t let digital tools overshadow face-to-face interaction; the real magic happens in person.

Build a Culture of Contribution

Encourage a give-first mindset. At each meeting, ask members to share one resource, idea, or contact—no strings attached. Celebrate wins beyond referrals, like a member landing a new skill or a collaborative project taking off. Recognize contributors publicly (a shoutout or “member spotlight”) to reinforce this ethos. Over time, this builds trust and a sense of ownership, turning attendees into active participants.

Impact the Community

Extend your group’s reach beyond its walls. Partner with a local nonprofit for a volunteer day or host a public panel on a hot topic. For instance, a group of creatives might offer free workshops for students, boosting both visibility and goodwill. These efforts deepen bonds among members and position your group as a local force for good—far more memorable than swapping leads.

Measure Success Differently

Track metrics that reflect your mission, not just referral counts. Are members collaborating on projects? Learning new skills? Solving real problems? Survey them periodically: “What’s the most valuable thing you’ve gained?” Adjust based on feedback—maybe they crave more structure or fewer sales pitches. Success isn’t size; it’s impact.

Start Small, Then Scale

Launch with a single event—say, a coffee meetup with a discussion prompt like “What’s your biggest professional hurdle?” Gauge interest and refine from there. As momentum builds, add members gradually to preserve quality. Once stable, consider sub-groups by industry or goals, but only if demand emerges naturally.

Things to Remember

A networking group that does more than provide referrals requires intention, not complexity. Focus on connection, contribution, and community, and you’ll create a hub where members grow together—not just transact. Start with a clear why, rally the right people, and let the group evolve. The result? A network that’s less about “who you know” and more about “what you build.”

Want to Accomplish More?

Do you want your company to grow faster and earn more while you spend more time with your family doing all the things you started your business to do?

We can make that dream a reality. Give us 30 minutes and we will show you how to get your life back. Skeptical? Good! Put us to the test.

You can call us for your free appointment at 480-636-1720, or, if you prefer, Waters Business Consulting Group to learn more about us and the services we offer.

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Hey, Entrepreneurs, If You Want to Succeed, Stop Seeking Advice from People Who’ve Failed

November 10, 2022 No Comments

Everyone has an opinion. But, everyone can’t be right. There’s always a set of best practices and then there are ways to do things that fall short of success or lead to bad outcomes. So, this is why people seek advice from their family and friends when they want to start a small business. The trouble with this approach is that the people the entrepreneur is speaking to may not be the owner of a profitable small business. While it’s certainly understandable to seek advice from people you trust, that doesn’t necessarily mean they’re the best or only sources. Remember, Real Friends are Supportive Here’s another problem. There are a lot of individuals around you who will tell you that you can’t do it. Usually, this is based on fear, but can also manifest from those who are envious that you’re willing to take a risk to improve your life and be professionally successful. Then, there may even be people around you who went into business for themselves, but it didn’t work out. Ask business owners who specialize in the same niche as your startup if they have any tips. Business owners in your market know about accountants, lawyers, and recruiters who might be a good fit for your needs. They can make recommendations and point you in the right direction. —Entrepreneur.com While the reason that their businesses failed might not be direct to their own decisions, it’s generally a safe bet. Even if it was circumstances beyond their control, successful business owners are the ones who find a way through tough times, endure, and come out on the other side. To put it much more plainly, if you’re seeking advice from people who have failed in their own business ventures, you’re speaking to the wrong people, unless they have gone on to succeed in other ventures by learning from their failures. Failures can be the precursor to success if we learn from them. Best Places to Seek Business Advice Fortunately, there are a few places you can go to get reliable, actionable advice about starting your own business. Here are the best places to seek entrepreneurial advice that will help you get started in the right direction: Successful individuals in the industry. Sure, this sounds all too obvious. But, a lot of people who want to go into business for themselves are fearful of speaking with people that are already successful in the industry. Now, that sounds strange, but it makes sense if you think about it in a different way. Those who avoid successful individuals in the industry into which they want to enter, typically don’t want to give up their plans – which is to say their strategies and secrets. So, they make the mistake of being protective of their ideas, without knowing if said ideas are actually good or bad. Small business development groups. There are small business development groups that can help you get some of the logistics worked out and even provide a little friendly advice that you may not have thought of on your own. But, here again, you must be willing to share your ideas with others. Doing so will allow other people to gauge your ideas and their merit. Local industry trade associations. These industry trade associations exist to promote their industry, which is their sole purpose. You’ll learn a lot about the industry, and perhaps your own niche, along with some tricks of the trade and how your competition deals with its challenges. Of course, it’s just as wise to consult someone who specializes in starting and growing small businesses. An experienced business consultant and coach brings a wealth of information and is someone who can not only provide valuable input but also be supportive. Where else do you recommend people starting a small business seek advice? Please take a few minutes to share your thoughts and experiences so others can benefit from your perspective! Interested in learning more about business? Then just visit Waters Business Consulting Group.

Ways to Deal with Employee Theft

May 24, 2017 No Comments

One of the most unappealing things about managing a workplace is having to deal with ugly situations. Employee theft, or, internal theft is perhaps the single worst scenario to encounter because often times, you won’t know the extent of it, at least, right away. This behavior can take shape in a number of ways, including fudging clock-in and clock-out times, taking supplies without permission, or, even stealing money. While the latter might get your heightened attention, it’s the more subtle that can go on for much longer periods and cost more in losses. Ways to Deal with Employee Theft Make no mistake about it, internal theft is a huge problem in the United States. However, it is difficult to gauge because so much of it goes unreported due to embarrassed or recalcitrant employers. The average estimate ranges widely from $20 to $50 billion per year, with Fortune reporting in the retail sector alone, a whopping $32 billion was lost in 2014, with an amazing 34.5 percent of that being attributed to employee theft. Only shoplifting outpaced it, accounting for 38 percent. Whether it’s downloading and sharing company confidential information (a hot topic these days), manipulating expense reports, or stealing merchandise- employee theft and fraud is a serious issue for business owners. In fact, studies show that occupational fraud now results in the loss of five percent of an organization’s annual revenue. —U.S. Small Business Administration While it’s an unpleasant experience to-be-sure, it nonetheless exists, and, in practically every workplace. The level, though, might be very minute, like the employee who occasionally takes a few postage stamps for personal use. When it comes to bigger issues, it’s not unusual for the owner and/or manager to be taken by surprise. After all, you do what you can to screen and interview every new hire, but sometimes, it’s not enough. The primary reason for this is a simple necessity, especially for small business owners who need to delegate responsibilities. They just don’t have the time to do it all on their own, so, they leave certain things to employees. This creates an atmosphere of opportunity where trust can be easily breached. When that happens, here are some ways to deal with employee theft: Evaluate the situation. When you discover the problem, it’s best not to jump to conclusions about the scope. It could just be a case of miscommunication or simply a lack of judgment. If you believe it to be serious and particularly one that’s ongoing, you should commit to take action. If it’s minor, you might consider issuing a written warning, placing him or her on probation, or, repayment. Document everything you can. If you discover supplies, inventory, materials, or money is missing, do everything you can to document what it is, when it happened, and it’s worth. You should gather as much evidence as you can to bring the situation to resolve. Phone your attorney or HR Consultant immediately. Dealing with internal theft is a serious matter and you don’t want to overstep your legal bounds. While you certainly have rights, you cannot afford to act in a rash manner. Call your lawyer and ask about what options are available to you. Call the local police or sheriff’s department. If your legal counsel instructs you to contact the local authorities on their non-emergency line, you should do so right away. While this won’t likely resolve the issue immediately, it will be a step in the right direction. Get in touch with your insurer. Another one of the first phone calls you should make is to your insurer to learn exactly what coverage you have in-place. You might have to file a claim to recover most or a portion of your loss. Once the initial work is done, consider how you’ll deal with preventing the same problem from occurring in the future. You should also discuss the matter with key team members and think seriously about how to present the issue and your reaction to others in your business. As a Leader, it is important that you don’t allow this to become office gossip, get out in front of it, and demonstrate your commitment to your company and how you reward good work and the consequences for theft. Want to find out about what a business coach can do for you? [shareaholic app=”follow_buttons” id=”26833294″]

How to Think Clearly when Times are Crazy

May 12, 2020 No Comments

Only a few short months ago, the economy was on fire. Then, a slow moving disaster crept across the globe. Shortly after, the coronavirus pandemic triggered a drastic response. An almost total shutdown ensued. Now, re-openings are happening everywhere. But, the unprecedented reaction upended so much, it’s very difficult to return to normalcy. And, it’s enough to make your head spin. The Real Cost of Rash Decisions Rash decisions typically equal regret. But, it’s not just the let down. It’s also the waste of time and money. We all know this, which is precisely why we instinctively hate making rushed decisions. It’s the reason we take time to understand the circumstances. But, when the pressure is on, it’s difficult to resist in the moment. …we need information and we need help to face our problems. But we can only arrive at the solutions by ourselves. The trick is giving our minds the space they need. —Psychology Today Everyone responds to stress differently. Although, there are most definitely commonalities. Fast heart beat, perspiration, even trembling, are all physical symptoms. Then, there’s the toll it takes on your emotions and it becomes very difficult to think clearly. Effective Ways to Think Clearly So, just how do you clear your head? Most people will take a deep breath (which makes the list below). But, sometimes, that’s not enough. Here are some helpful suggestions for how to think clearly during crazy times: Take a deep breath. Okay, this is an obvious bit of advice. But, it bears repeating because it’s not only simple, but often, effective. Taking a moment to slow down and breath deeply can work wonders. Unfortunately, this isn’t always sufficient. Focus on the problem, not the outcome. While taking a bit of time out might help, it could fall short. If you’re worried about the outcome, that’s perfectly normal. But, if that worry is preventing you from taking any action, then focus on the problem or process and not the potential outcome. Hope for the best, plan for the worst. Of course, it’s always best to plan. So, follow the old adage and plan for the best result while being prepared for the worst case scenario. If you can’t completely sidestep a bad outcome, at least mitigate its impact. Solicit advice from several sources. Two heads are better than one. This not only gives you different points of view, it also helps to take the pressure off and gives you more options. Remember, you don’t always have to make decisions alone. Set the situation aside and work on something else. Another great way to clear your head is to occupy yourself with something else temporarily. You’ll get the satisfaction of completing a task and it gives you time to think a bit outside the box. Meditate and/or Pray. Find a moment to be still. You could do this during your breathing exercise noted above. Calm your mind. Find a moment to listen to your breathing and close your eyes. Now meditate on all you’ve been given and how grateful you are for what you have. Thank God for the challenges and opportunities your dealing with and trust Him for His guidance and wisdom to get you through knowing he works all things for good. What other suggestions do you have for thinking clearly? Please, take a moment to share your thoughts and experiences by commenting and benefiting others! Interested in learning more about business? Then just visit Waters Business Consulting Group.