The law of reciprocation is super powerful

 Adding value consistently to those that you know like and trust - consistently - will give you exponential returns 

Life is like a mirror - whet you give - you get back - exponentially 

BNI has a concept called givers gain - it’s  the principle of giving without the expectation of an immediate return. 

What they can be sure of, says Ivan Misner is that given enough effort and time, their generosity will be returned by family, friends, colleagues, and others – many times over, and in many different ways. 

The law of reciprocity in business networking means that by providing referrals to others, you will be creating strong relationships of trust  that will eventually bring exponential benefits (especially referrals) to you, 

This makes the law of reciprocity an enormously powerful tool for growing your own business’s size and profitability. 

 

#business #networking #reciprocity #referrsls #referron 

ONE BAD REFERRAL COULD COST YOU A GREAT CLIENT.

One bad referral can create a nightmare!

Not because you did anything wrong.

But because you recommended someone who let them down.

Every time you tell a client:

“I know this person. I like them. I trust them. They’ll look after you.”

You’re putting something incredibly valuable on the line.

Your reputation.

You’re not just sharing a contact.

You’re lending them your trust.

If they don’t follow up, don’t deliver, or treat your client badly — your client doesn’t just lose trust in them.

They can lose trust in YOU.

That’s the risk of referral marketing.

The commercial consequence — losing a valuable client — is a big risk that can be mitigated through strong communication and a system of tracking and following up referrals! 

But here’s the flip side.

When your referral partner delivers an amazing experience, your reputation grows too.

Your client trusts you more because you helped solve another problem.

Your referral partner is more likely to reciprocate and send opportunities back to you.

And that relationship can develop into collaboration, bigger opportunities and even joint tenders.

So making the introduction isn’t enough.

FOLLOW UP.

Did they connect?

Did they deliver?

Was value created?

Are BOTH parties happy?

Because problems caught early can be solved early.

That’s why we built Referron — to make warm introductions easy to make, track and follow up.

As Ivan Misner has taught for decades, successful referral marketing is built on relationships, trust and accountability.

A warm introduction is a transfer of trust.

Get it wrong and you could lose more than a referral.

Get it right and KNOW, LIKE & TRUST compounds exponentially.

That’s when referral marketing becomes incredibly powerful.

That’s why we built Referron - to enable you to track measure and follow up referrals, and turn trusted relationships into measurable growth.