The Official BNI Podcast

Episode 178: “Yeah, But I’m Different”

Synopsis

This week Dr. Misner wants to talk about the “Yeah, But” syndrome, which is really just an excuse to avoid doing something we don’t want to do. When it comes to ourselves, we’re always the exception. We think rules are for other people. But there’s no good excuse for avoiding personal development.

Stop trying to avoid the proven methods. The basics work. No exception. BNI operates in 44 countries. Your chapter, your profession, can succeed if you’re willing to put in the effort. We’ll all be better off if we stop hiding behind our differences and look for the similarities.

Brought to you by Networking Now.

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Episode 177: “The Double Triple Effect”

Synopsis

Tom Fleming, Executive Director for West Central Florida, joins Dr. Misner for a second time (the first time was in Episode 168) to talk about how to get an average membership of 39.2 in his forty-chapter region.

It’s called the Double Triple Effect because doubling the number of members can triple the number of referrals. Here’s how to make it work.

  • Start with a vision of what you want.
  • Run the chapter like a business.
  • Have goals and mechanisms.
  • Put systems in writing and follow them.
  • Celebrate successes.

Interested in how to run a 60-member BNI chapter? Leave a comment here, and if enough people are interested, we’ll bring Tom back a third time.

Brought to you by Networking Now.

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Classification Cowboy Slides

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 76: “Empty Your Purse Into Your Head”

Synopsis

Ben Franklin once said, “If a man empties his purse into his head, no one can take it from him. An investment in knowledge always pays the highest return.”

Most people only pay lip service to education. Dr. Misner is convinced this is the reason that 50% of businesses fail in their first three years. Success requires that you embrace a culture of learning and work on your business.

Action Item

Look at your financials. What have you spent for ongoing business education? How much time have you spent on free educational resources like this podcast?

If you don’t have a regular commitment to educational activities, go out and attend a seminar, subscribe to a podcast, or read a book.

If you go to Networking Now and enter the code “referralinstitute” you’ll get six months’ free membership.

Brought to you by Networking Now.

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