Called by local BNI group.

Dan_J

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Hi guys, hope all of you are doing well and enjoying yourselves and the personal freedoms that the blessing of owning your own business brings. I've got a question that many of you will probably be able to answer. If you don't mind helping me out with any sort of experience or advice.

I was called recently by the local BNI group to attend one of their meetings. During my younger years I experienced many groups that operate the same way.. MLMs, pyramid structured types of operations. Is BNI worth becoming a part of or is it a total waste of my time?


Thanks again,

Dan
 
Bni is NOT a pyramid scam or anything even approaching that. It's business to business networking. If you join a chapter, you are the only business for your category in that chapter. Not like chamber where you go to lunch with all your competitors. It's expensive, but, in my experience, it's well worth it. Just make sure you can commit to the meetings and bringing referrals.
 
Alright, I did a bit more research. It may be difficult for me to supply referrals to them. I will go to the meeting and see how things go :).

Thanks,

Dan
 
Join your local rotary group as well. It's not for business, more an altruistic organization, but I have received a lot of referrals there.
 
I found a great group that I joined in February of this year. It takes a little time to gain members trust and they estimate up to a year. I got my first business referral within 2 weeks of being a member. It is estimated right now that about 25% of my business has come from this BNI group.

Our group is small with only 10 other members. This week I got referrals or closed business deals from 7 of the 10 members. So yes if you find a good group and show them that you are a good business and also pass referrals to them that you will get business!

Also as of October 1 I also joined the membership committee along with the visitor host. We are looking to double the size of our group this year!
 
Ok, the hardest part will be referring them business. I plan to go and see how things go.
 
Well, I will be analyzing the members on my first visit. If I feel it isn't worth my time, i'll make it my last.
 
I recommend you visit all chapters and see which one works for you. BNI works but don't expect to get referral right away. It will take time. I average 1 - 2 close of business every week. My chapter will occasionally remind me about referral but they are not pushy about it. One thing I like about my chapter is most (30) members are Christians.
 
Ok, the hardest part will be referring them business. I plan to go and see how things go.

No it's not hard to give referrals. And there's no "quota" for referrals. Throughout your day to day routine, you will come across people that need something and it's very easy to hand them a business card or just verbally tell them something. An example...last week while sitting in my office, I heard a guy (name is Irv) that owns a neighboring business say to someone "well I gotta go find an auto emissions place, I have a day left to get my car checked". There is a car mechanic/auto sales guy (Pete) in my BNI chapter. I yelled down the hall at Irv to come down to my office...and I handed him Petes card...said "Go here...tell him Brian sent ya, he will take care of you". The next day Irv came in and thanked me, said he was in and out in 10 minutes, Pete took good care of him, and he was going back to Pete soon to get other work done on his card.

First...as A_G already covered, it's not a pyramid like scheme at all. If you do a search on these forums you'll find a lot of threads about BNI, and in many of them I've written very lengthy replies about BNI. I don't have the time this morning to retype one of those....if you wish for more details PM me and we can exchange e-mail addresses and take the conversation there over the weekend.

Around 8 years ago my colleague started attending a local BNI chapter, he became a member. I substituted for him a few times...thus I go to go to a few meetings and see how they were.

Any opportunity to meet more local business people is good, so I enjoyed it.

I learned of a neighboring BNI chapter having an opening for their "computer guy" slot. And in that neighboring BNI chapter, an owner of a web design company was a long time member...and we wanted to build a relationship with this website guy. So I joined that chapter. I did very well in that chapter, did it for a few years.

That chapter went through some changes, it relocated. I wasn't as happy anymore. I learned of a new BNI chapter that opened up (chartered) right in my back yard..they did not have a computer guy yet...so I applied for a transfer to a different chapter, and I got in that group.

I've been in that group for almost 3 years now, matter of fact....this year I'm president of that chapter! :)

My colleague is still in his chapter..which is 1x town north. So our business is represented by 2 of us...in BNI groups right nearby our office.

I will brag for a moment...our business has been around for a long time, we hardly do any advertising in the traditional sense, we do no SEO stuff, our website is ancient. We get a huge amount of our business from BNI, some through local business chamber events, and generally through those 2 things..."word of mouth" and referrals has done very well for us.

BNI costs a hair over a dollar a day for the primary membership. Each chapter also has their own dues..those costs vary but are smaller than the main chapter dues. But lets assume worse case scenario that the dues are the same and you're at 2 bucks a day, just under 800 bucks a year. Each year I make waaaay more than that back in business I received through my BNI chapter.

Meetings typically start at 0715, once a week. They last until 0845.

BNI has some fairly strict attendance rules, get 3x absences in a 6 month period....plus some substitute times where you're allowed to have a sub go for you. If you're consistently absent technically what happens is your category (the computer guy) can be "opened" and membership committee will allow people to apply for it, and you may be replaced (basically kicked out and a new guy takes over that position in your chapter if they vote him in). These rules are not cast in stone, adherence to these rules varies from chapter to chapter. If you are value to the group you probably won't be kicked out, but if you're a dead beat in the group, gives them a chance to boot you. We want quality people in our groups

Some advice for people considering BNI...visit several different chapters. Each chapter has their own personality, different members make up different groups. You may find some poorly run chapters of boring people, you may find some well run chapters with fun people.

Also when visiting chapters, you should be smart..and look for chapters that have key players that are able to bring you business. From experience, key positions that typically bring me business are *website guys, *accountants *lawyers. If you find a chapter with a well known local website business...you're golden (unless you do websites too...I don't). Accountants are also great sources of business clients, as they drive the line of business software..thus workstations and servers.

You do better in BNI if you have an outgoing personality, versus the shy meek person. Being a bump on a log in the corner won't get you far.

Here's how to extract the most business from BNI..."Be specific...ask for a specific client each week!" This is for those computer guys that do SMB networks, not residential. Each week I stand up and ask for a referral for <some specific business name>. As you drive around your area each day, you pass businesses...when you drive by a business...don't you think to yourself "I wonder who takes care of their computers, I'd love to do their computers!". So next weeks BNI meeting, I will stand up during the "60 second commercial" and ask for a referral to that business. Chances are pretty good that someone in that chapter knows someone that works there...possibly the owner, or a manager, or just some employee. And hopefully they can create a "warm lead" for you. It's a beginning to try to get your foot in the door. And it's one of the best ways you can get in there.

Ask some more questions, I gotta stop tying and get some remote work done...can reply much more.

It takes time for the BNI group to start to refer biz to ya. Often things will remain quiet for several months, other members want to see your dedication. Then they'll start handing you small jobs, like their personal computers...to start testing you. Once you've started earning their trust and they see your dedication, and a few have tested your work, you'll start getting more referrals. Cuz nobody wants to get egg on their face by referring you to a friend or colleague right away and you end up not being a good computer guy.
 
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You do better in BNI if you have an outgoing personality, versus the shy meek person. Being a bump on a log in the corner won't get you far.

Very true, but also a large unspoken benefit to groups like this, if you are a shy person, terrified of speaking in front of groups, joining the group will cure you within 6 months to a year which can help across all aspects of your business.
 
Thanks for the information guys. I'm going to go to the meeting with optimism. I am a very outgoing social person, I generate a very strong rapport with all of my clients within minutes of speaking with them. I hope to use this skill to form good relationships with the members of the chapter.

I looked in to what the chapter had for actual business that are currently members. There is a web designer that I will be able to refer a significant amount of work to. There are several types of accountants, lawyers, dental offices, medical and more that are likely to refer me business or use my services.

Pretty excited, it's up to me to turn this in to an opportunity.

Thanks guys,

Dan
 
BNI is a closed group. You get invited, they check you out, then they decide if they want to offer you a membership. It's great that you were invited as someone in the group has recommended you and as an invitation has been extended to you.

With regards to checking out other groups, you probably have to contact them first because if they already have an IT guy in their group then there is no opportunity for you, as has been mentioned, only one person from each field can be a member of a group.

Different BNI groups setup their meeting times to when it's most convenient for their members. Some meet early in the morning others during lunch, some include Breakfast (which you pay for whether you are there that week or not) others meet just for coffee and donuts.

We have been a part of BNI for some time but have recently dropped out since our clients were taking priority. When we grow to where we can cut a person loose to attend on a regular basis, we will look at it again.
 
BNI is a closed group. You get invited, they check you out, then they decide if they want to offer you a membership. It's great that you were invited as someone in the group has recommended you and as an invitation has been extended to you.

With regards to checking out other groups, you probably have to contact them first because if they already have an IT guy in their group then there is no opportunity for you, as has been mentioned, only one person from each field can be a member of a group.

Different BNI groups setup their meeting times to when it's most convenient for their members. Some meet early in the morning others during lunch, some include Breakfast (which you pay for whether you are there that week or not) others meet just for coffee and donuts.

We have been a part of BNI for some time but have recently dropped out since our clients were taking priority. When we grow to where we can cut a person loose to attend on a regular basis, we will look at it again.

What kind of stuff goes on at the weekly meetings?
 
What kind of stuff goes on at the weekly meetings?

The meeting is about 90 minutes

First 15 minutes is for socializing
Then a 5 mins or so for educational or tips sharing
Then everyone gets 30 to 60 seconds infomercial to talk about their company
Then a few minutes to talk about the chapter, membership, coming events, etc
Then two speakers approx 15 min each to talk about their company (rotation)
Then closing, testimonials, door prizes etc.

I would like to hear someone's infomercial!
 
I went to a Tuesday meeting this week and enjoyed it. I think I will join. There is another similar company to mine though but there is enough difference between the two of us where it looks like it will work.

Join price is a little steep but I can see the benefits. I think there is value here.

Do all chapters have the same fees?
 
Do all chapters have the same fees?

No. There are generally 2x different costs.
1- Your BNI annual dues, this is fixed....goes to BNI corporate
2- Your chapter dues...this varies from chapter to chapter depending on "things"...like if you do a breakfast at each meeting, or what the rent is for the facilities they hold the meeting at, number of members, etc. Often these are done quarterly.
 
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