{"id":30036,"date":"2018-03-05T12:00:00","date_gmt":"2018-03-05T11:00:00","guid":{"rendered":"https:\/\/www.fundacionbankinter.org\/noticias\/is-networking-necessary-pros-and-cons-of-spending-your-life-networking\/"},"modified":"2018-03-05T12:00:00","modified_gmt":"2018-03-05T11:00:00","slug":"is-networking-necessary-pros-and-cons-of-spending-your-life-networking","status":"publish","type":"noticias","link":"https:\/\/www.fundacionbankinter.org\/en\/news\/is-networking-necessary-pros-and-cons-of-spending-your-life-networking\/","title":{"rendered":"Is networking necessary? Pros and cons of spending your life networking"},"content":{"rendered":"

It is one of the great commandments of every good entrepreneur: you have to network.<\/strong> This order is especially applicable in your first entrepreneurial phase, when you don’t know all the people you would like and when you need your project to start being known. <\/p>\n

However, is this always the case? Is constant networking really an unquestionable commandment? Can it have negative consequences? If you’re not sure, we’ve compiled some advantages of being a great networker… and also some disadvantages. <\/p>\n

ADVANTAGES<\/strong><\/p>\n

1. Access to investors<\/strong><\/p>\n

It is practically the main objective of this practice. Beyond the classic face-to-face events between entrepreneurs and investors, there are other occasions when you can meet national investors<\/a> in a much more relaxed attitude, with more time \u2013 and perhaps more desire \u2013 for you to talk to them about your project. <\/p>\n

2. Professional contacts<\/strong><\/p>\n

Who tells you that at an event you won’t be able to find a new client? Or a supplier? Or someone who can lend you a hand? Or someone who knows that other unapproachable person you never get to reach? Don’t underestimate the potential of having good contacts to generate new business opportunities. <\/p>\n

3. Entrepreneurial community<\/strong><\/p>\n

Things as they are: in Spain there are not millions of digital entrepreneurs, so there are still many who know each other… and they help each other. If there is a community spirit among entrepreneurs in Spain, you may be interested in being there. <\/p>\n

4. Social skills<\/strong><\/p>\n

It’s the point that is least taken into account, but perhaps the most important: networking, above all, will improve your social skills. If you’re a great entrepreneur but have a lot to improve when it comes to selling face-to-face, this may be your best workout while expanding your network. <\/p>\n