Life Sharing On “Networking To Success”
In today’s highly competitive business environment, though Finance Capital and Human Capital are important, I deem Social Capital as being the most important to ensure sustainable business growth and eventual success in your business.
To me, “what” you know is not important, because whatever you know, there will be other people who would know more than you. “Who you know” and “who knows you”, are the most important. This is your Social Capital!
Essentially, we are all living in an inter-dependent world. We are not living on a one-man island. Hence, you don’t have to know everything yourself in this world, but rather you just need to know who to approach in times of your need, and in return, to offer your friends to others in times of their needs, you will be creating much value to others.
This will be your Social Capital.
Personally, I began to have a taste of success at work and in my humble business when I started “TGIF”. I have created new friendships along the way for myself and for many others. People began to enquire about my services after knowing me as a person, a person who creates value to my friends by connecting friends to each other.
“TGIF” stands for “To Generate Important Friendships”
TGIF is a great means to building your Social Capital.
Feel free to tap on this link to my “TGIF” Facebook page to find out more about Tgif and feel free to “Like” it …
https://m.facebook.com/tgifsingapore/
What is Social Capital?
1. About Social Capital
The central premise of social capital is that social networks have value.
Social capital refers to the collective value of all “social networks” [who people know] and the inclinations that arise from these networks to do things for each other.
2. How does social capital work?
* The term social capital emphasizes not just warm & cuddly feelings, but a wide variety of quite specific benefits that flow from the trust, reciprocity, information, & cooperation associated with social networks.
* Social capital creates value for the people who are connected and, for bystanders as well.
3. Social capital works through multiple channels:
* Information flows (e.g. learning about jobs, learning about candidates running for office, exchanging ideas at college, etc.) depend on social capital.
* Norms of reciprocity (mutual aid) rely on social networks.
* Collective action depends upon social networks, although collective action also can foster new networks.
* Broader identities & solidarity are encouraged by social networks that help translate an “I” mentality into a “we” mentality.
4. What are some examples of social capital?
* When a group of neighbors informally keep an eye on one another’s homes, that’s social capital in action.
* Social capital can be found in friendship networks, neighborhoods, churches, schools, bridge clubs, civic associations, and even bars. The motto “where everybody knows your name” captures one important aspect of social capital.
My advice, start building your “Social Capital” at a young age for this important Capital will be there to help you clear many of your “roadblocks” in your life forward !
Good Luck !
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