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It's important to have a strategic network of contacts

Posted: Sat Jul 12, 2025 3:32 am
by joyuwnto787
In the business world, that will provide you with the best products for your customers or help you further develop your business. In other words, knowing the right people or businesses helps those who want to grow their businesses .

"Networking is one of the main pillars of entrepreneurship. Establishing and maintaining professional contacts can be key to securing investors, business partners, and even mentors who can offer guidance and support," comments Entrepreneur Mentor André Minucci.

Minucci explains that having a strong network of contacts is essential to a company's competitive advantage. Furthermore, it allows you to discover upcoming market trends and the competition's strengths and weaknesses.

A study published by the consulting firm The Adler Group shows that 85% of job email list opportunities are filled through referrals from your network, which highlights the importance of having the right people on your side.

To build a strong network and strengthen your business, the Entrepreneur Mentor offers some tips. But first, let's understand what networking is.

What is networking?

The word "Networking" comes from English and means "network." In the professional world, the term refers to the practice of establishing and maintaining contacts to obtain information, resources, business opportunities, and mutual support. It's an ongoing activity that involves building relationships with people relevant to your industry, as well as with other entrepreneurs, investors, clients, and influential professionals.