The Official BNI Podcast

Episode 102: “And the Survey Says…”

Synopsis

The national directors of BNI in the UK and Ireland surveyed 4785 members and came up with some great information.

  • 44% of BNI members had been in their business for more than 5 years. 70% had been in business for more than 2 years. (Most businesses fail within their first 3 years.)
  • 25% of BNI members are one-person-businesses; 54% have 2-10 employees; 22% represent companies of up to 50 employees. 75% of our members have employees who work for their companies.
  • 89.3% of the members felt that camaraderie was important to their participation in BNI, and 90.3% were satisfied or extremely satisfied in this area.
  • Based on the survey, 15% received more than £25,000 (US $34,000) in business in the last 12 months, and of those 6% received £50,0000 or $69,000, and 80% received at least £2000 in business just from BNI.
  • 86% of all BNI members were likely to renew their membership. In actual fact, about 20% don’t renew because of factors beyond their control, so the average renewal rate is about 60%.
  • 70% of the people who do not renew made less than £2000 in referral business. This shouldn’t be a shock, but it’s powerful evidence that the amount of business you generate affects your attitude about BNI.

You can read more details in SuccessNet Online, including the graphs that go with the statistics.

Brought to you by Networking Now.

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Episode 100: “BNI and ‘The Last Millionaire’”

Synopsis

Congratulations to Dr. Misner and BNI on producing 100 episodes of this podcast!

Imagine being dropped off in the middle of a foreign city with only a handful of cash and being told you have to start a successful business before you can go home. That’s the premise of the BBC series “The Last Millionaire.”

What does this have to do with BNI? A recent winner of this show, Lucy, looked up BNI while in Hong Kong and used a visit to the Hong Kong Attraction Chapter to help her make four times as much money as the other contestant.

The Hong Kong BNI members showed how BNI can really work. BNI isn’t just a great way to get business, it’s an even better way to do business.

Brought to you by Networking Now.
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Episode 60: “Local Business, Global Network”

Synopsis

Dr. Misner is beginning to shift his conception of BNI from “Think Globally, Act Locally” to “Local Business, Global Network.” BNI is developing its own social network, and BNI members are traveling and meeting each other in distant locations. BNI has more than 100,000 members worldwide and chapters in 40 countries.

As you see conferences announced on BNI.com, make plans to attend as many as you can. You can get million-dollar referrals at conferences. A dentist from Malaysia connected BNI member Marcus Emery to MAS Cargo at the International Member Event in Kuala Lumpur. (Watch the video here.)

You never know who your fellow BNI members are going to meet. If you surround yourself with quality professionals, the sky is the the limit on the referrals you can get. Service-based businesses are particularly well suited to doing business internationally. The key is finding each other: reach out and participate in online networks, go visit BNI chapters when traveling, and go to conferences.

Brought to you by Networking Now.

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Marcus Emery’s Referral Success at KL08

Play

Please read Episode #60 (above) for details on this video recording.

Marcus Emery of Emery Worldwide in the UK shares his referral success at the BNI Worldwide Members Event in May 2008.

Episode 53: “Global Networking”

Synopsis

In this episode, Dr. Misner calls in from Toronto to talk about Global Networking with Niri S. Patel from Yorkshire and Robert French from Korea.

So why would people want to network internationally?

  1. To be really successful, you have to find a trend and work your way into it. The trend now is toward social networking and high-touch
  2. The center of gravity of the global economy is shifting eastwards to China and India. Graduates of Oxford and Cambridge are being recruited to work at Indian multinationals.
  3. The credit crunch opens the way to profitable East-West collaborations and means that the fast will win over the slow.

How can members develop resourceful international relationships quickly?

  1. Use events worldwide, such as BNI Worldwide’s International Members Event in Kuala Lumpur in May 2008.
  2. Ask your trusted network “Who do you know who…?”
  3. Ask the people you see trading internationally how they do it.
  4. Raise your profile with international contacts via Ecademy, LinkedIn and the BNI Yahoo! Group.

The world is moving fast. We have to move fast. Jump on it. Go to these international events.
Sponsored by Networking Now.

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