39. Networking Your Business the Right Way with Ed Diaz
Ed Diaz is a senior mortgage advisor and loan officer with 25 years of experience in the San Francisco Bay Area and founder of the Bay Networking Group in San Francisco that has grown organically to 91 members.
Networking is critical for new entrepreneurs and Ed emphasizing the value of making genuine connections rather than focusing solely on business transactions. He highlighted the shift in his own business strategy from knowing everyone to building a small, trusted network of professionals who understand and support his core values.
Ed discussed the four pillars of effective networking: building community, having fun together, giving back to the community, and providing qualified referrals based on trust.
He also explained the concept of power partners, describing them as individuals with databases of clients who are conducive to acquiring services or products, and who become unpaid salespeople due to trust and respect. He emphasized that a power partner relationship is based on the "triangle of trust" and that having a few strong power partners is more effective than a large number of weak ones.
Ed cuts through the fluff and gets to the heart of successful networking.
Contact
Site: eddiazloans.com
Site: www.bayng.com
Email: [email protected]
Also mentioned during the show:
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