Determine the business relationships you need for your venture. (CO2)
Evaluate your networking skills to maintain the network. (CO6)
As we have discussed this week, there are three types of networks: personal, operational, and strategic.
For this assignment, you are going to evaluate your personal and strategic networks.
The evaluation should include (but not limited to):
Choose at least two members of your personal network. Be sure to give background on each individual/group.
Background should include (but not limited to):
Name or title of individual/group (for example, if you do not want to give your father-in-law’s name, you can just say “father-in-law.”).
Analyze the relationship.
How long have you known the person/been a member of the association?
How did you meet?
How will the relationship help in your business venture?
Choose at least two members of your strategic network.
Be sure to give background on each of the individuals/groups. Background should include (but not limited to):
Name or title of individual/group (for example, if you do not want to give your father-in-law’s name, you can just say “CEO of IT Business”).
Analyze the relationship.
How long have you known the person/been a member of the association?
How did you meet?
How will the relationship help in your business venture?
Have your networks expanded or shrunk in the last five years? Why?
(Be specific.)
What barriers are blocking you from expanding your personal and/or strategic network? Why are they barriers? (Be specific).