Leveraging a Micro Network

By Robert Gerrish | February 26, 2008

BNET Australia Contributors

Aussie Rules

Biography

BNET Australia Contributors

BNET Australia Contributors
Phil Dobbie has a wealth of radio and business experience. In his BTalk Australia podcast, he provides a lively and insightful view on business issues.
Brian Haverty is editorial director for CBS Interactive Australia and is responsible for the company's BNET and ZDNet Australia sites.
Robert Gerrish is a coach, author and professional speaker and the founder of Flying Solo, an Australian online community for solo business owners.
Melissa Lourenco is the HR manager for CBS Interactive in Australia.
Chris Golis is the author of The Humm Handbook: Lifting Your Level of Emotional Intelligence. He runs seminars and workshops on EQ.
Suzi Dafnis is Community Director of the Australian Businesswomen's Network.
Yvonne Adele helps organisations build a culture of ideas by teaching people at all levels to access their untapped creative thinking skills.

There is much spoken of “leverage” and how we must leverage our business if we are to prosper.

Invariably discussion of leverage revolves around having tangible products in one form or another — “you must have a means of earning income while you sleep” is the mantra of the leverage disciple.

Now there’s no denying that most businesses would do well to foster a strategy of leverage within their model, but it’s not helpful to agonise over the topic … at least not alone.

Start by embracing a strategy of leveraging your mind.

To do this, we need to open our ears and eyes to all that is going on around us and this involves understanding the workings of all those who operate within our market space.

The most effective way of achieving this is to reach out to others and create a kind of market space network.

But who do we choose and how do we do it?

Let’s take the example of a graphic designer who produces brochures and Web sites for SMBs.

While design is the common thread, the media (paper and online) is quite different.

For this designer to effectively keep abreast of developments in the market space and for leverage opportunities to present themselves, it’s necessary to commune with the likes of developers, hosts, illustrators, photographers, and so on.

An essential ingredient in any business plan should be the provision of a market space network — a group of individuals who operate in the same arena, willing to meet and exchange ideas.

So who should be in your group?

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