One person must be a domain expert in your industry.
Dana- She is the owner of a retail store called Classy Crossroads. She fills the spot because she is the owner of a very successful clothing store. I just recently interviewed with her for a management position for her new location. I start on Monday to help her maintain and drive traffic into the establishment. Having her in my network will allow me to grow with her company and hopefully invest with her in the future.
One person must be an expert on your market.
Taylor- Taylor is currently employed with the same company. She has been working with Dana for a couple of years now. I know her outside of Classy Crossroads at my current place of employment. The fact that she knows the systems and sales in this company will be the exchange of knowledge she can offer me.
One person must be an important supplier to your industry.
Autumn- She helps with marketing and displaying the clothes for the store. I work with her now at the restaurant but she also helps at the store. Autumn can help me increase volume in the store by sharing her marketing ideas with me.
Hey Melanie,
ReplyDeleteI've read your previous posts about your business idea for a budgeting and savings app, but while this article shows your increasing network, I believe for this assignment we were supposed to contact people in the industry in which our company would be located. So maybe contacting current or former financial planners via phone or e-mail would be a good idea for your specific business.
Hi Melanie,
ReplyDeleteI have seen your idea before and can see your social capital relates to your innovative idea, great job! It seems to me that you already knew them pretty well, I would try to meet people who are in the industry with different knowledge...this way you can expand your social capital outside of your work becoming even more valuable to you!! I wish you would have put more details in your post so I could hear more about your experience in growing your social capital.
Cheers,
Margaret
Hi Melanie,
ReplyDeleteI am not entirely sure if I have had the pleasure of reading any of your posts in the past. I was a tad bit lost in this post. I did however revert back to some of your posts and the puzzle soon came together after that. I see that you mentioned Autumn can share some of her marketing ideas with you. Were you able to build a relationship with her? If so that is great.
Hey Melanie,
ReplyDeleteIt's great that you were able to talk to people in your industry and who can help you gain insight with your business venture; however, remember it can be more beneficial to talk to people you're not comfortable with, or from different backgrounds/businesses. It seems like you've put your self in a position to work in the field of your opportunity every day which I think will help you think of ways to make your idea better, but because your app would be about budgeting it would have been beneficial to interview someone who deals with paying out varying wages.