3% of all business owners make 84% of all private biz income. Why? They’re not covering for unknown weaknesseses.
3% of all business owners make 84% of all private biz income. Why? They’re not covering for unknown weaknesseses.
This article was published on February 06, 2009. So far, 6 people have left their thoughts. Share your own thoughts.
The Jerry Lewis annual telethon was first broadcast in 1955. 54 years later it is broadcast on 180 stations in the United States. Pretty impressive. But wait until you hear this.
In just the last 3 weeks, 180 cities throughout the world have come together to hold simultaneous events on February 12 in every city, to raise funds for a single charity dedicated to providing clean water in third world countries, Charity: Water. The event was called “Twestival”, short for Twitter Festival, and happened worldwide on Feb. 12, 2009.
This event was organized organically by thousands of people who have never met, but are chatting on the internet via a online networking site called www.Twitter.com, thus the name Twestival.
A local fundraiser in one city normally takes a year of planning to pull off. This international event went from idea to event in less then four weeks. The amount of money raised in this initial event won’t come close to what the Jerry Lewis telethon raises, but the potential for next year and beyond is staggering.
Online networking (most call it social networking, which is an oxymoron to me) has made possible a first in history event that gives a window into its potential. Just as when the telephone was introduced, many have questioned the role this new communications medium could play in building businesses or creating revenue. And as with the telephone, many hours can be wasted using it.
But organizing a single event in less than a month in 180 cities worldwide without an existing network or prior relationships might change some minds on the power and usefulness of digital and online networks.
My own bias – online networking can be just as big a waste of time as endlessly attending local networking events and collecting hundreds of business cards we won’t do anything with. Stop networking, and start building a network. Stop collecting contacts and start making true connections. It’s great to have thousands of people following you on Twitter because you are more likely to be able to start a movement like Twestival. But then find the few people you connect with there and build relationships.
See Charity Water to check out the fantastic charity that received hundreds of thousands from this international event.
Find a way to use online networking to make an impact like this.
It just might change the world. Seriously.
You’re too busy making money; no business can survive that. Your business should give you both time and money. Not just money.
I started Crankset Group out of a desire to help small businesses in the Denver, Colorado area grow and mature. It continues to mature itself as we bring a lot of the tools and practices that I’ve created working one-on-one with business owners over the years online. Now these tools and resources are available to you.
Twitter is a great way to get ahold of me or interact with me.
I’d love to let you know what I’m up to from time-to-time.
Add Your Own
Thoughts
Micah Hobart
02/06/09
We’d love to donate payment services for the event.
J Roman
02/06/09
I’ve been using social media for about 90 days and I agree you have to work your network. I’ve been using social media to go “back to the basics” to reconnect with old contacts and clients with great success. 1. I connect with them 2. I ask how they are doing 3. Then I ask to grab coffee 4. I meet with them and see how I can help them. The end results about 50% or more ask how they can help me. Will see were this will lead me.
Jeff Brown
02/07/09
Once again Chuck, great insight into what is happening. Connecting with people is valuable in all aspects of life, business and personal.
People can truly get past all the Red Tape and make something good happen when it needs to happen.
Douglas Griess
02/07/09
Chuck, look forward to the Twestival, but mostly to putting faces and relationships with the Twitter IDs and Gravatars. Thanks for your work putting this together.
Kourtney
02/08/09
Great info Chuck!! Thanks for all your continued help in supporting businesses by providing useful information to help us grow and meet new people!
Thanks again!
Chuck
02/09/09
Micah,
Thanks for volunteering payment services – we did get that covered early on – really appreciate it though!
Jim,
I find the same thing – when I work to see what others need, many times they will be more likely to want to see how they can help me. The end result is I don’t have to sell them anything, they want to buy instead, because we’ve established trust on a higher level then just a selling conversation.
Jeff,
You’re a great example of someone who is doing a great job of connecting with people in your business and on Twitter!
Doug,
The Twestival will definitely be a good time of bringing digital relationships into the analog world and taking them to the next level. That’s the difference between networking and truly building a network. See you there!
Kourtney,
I love your entrepreneurial spirit. Looking forward to seeing how your new business unfolds. Keep me up to speed!
Best,
Chuck