Alliances: More Than A One Way Relationship


What is the biggest advantage of forming an alliance?

Everyone has their own definition of an alliance. I had a potential alliance with a person that was starting his own business. He came to my residence with his partner and I brought in a couple of friends and business associates to discuss the possibilities. He gave us a fabulous demonstration of his company offerings. I really liked what he had to offer and was willing to pass leads on to him. He was excited about the possibilities. He next mentioned that he would love to work with our current client base. I asked how he saw the relationship working and his reply was that he would piggyback on our current sales effort. I then asked him how we would be able to capitalize on his client base and how he would help sell our services.

Guess what? He only wanted a one-way relationship: we would make money on sales we did for him! This would certainly take us away from our core business; take us into another area which might fit within our focus in some respects, but not entirely at all. Needless to say, this potential alliance did not get put on paper, even though his offerings were good. You see, an alliance has to be a two-way street. Each member must have a benefit to forming it.

In this example, the business presented would not be a good choice for an alliance. We needed to have a company that provided us with services we could offer in addition to our own services. The allied company would also have the opportunity to sell our services as an add-on. The important thing to remember is that you must carefully choose your alliances.

Bette Daoust, Ph.D. has been networking with others since leaving high school years ago. Realizing that no one really cared about what she did in life unless she had someone to tell and excite. She decided to find the best ways to get people's attention, be creative in how she presented herself and products, getting people to know who she was, and being visible all the time. Her friends and colleagues have often dubbed her the "Networking Queen". Blueprint for Networking Success: 150 ways to promote yourself is the first in this series. Blueprint for Branding Yourself: Another 150 ways to promote yourself is planned for release in 2005. For more information visit http://www.BlueprintBooks.com







Related News



SportsFanLive arrives: social networking for sports fans - Ars Technica

Ars Technica

SportsFanLive arrives: social networking for sports fans
Ars Technica, MA -13 hours ago
Katz's social sports network is called SportsFanLive, and while the site is live and (naturally) features a trendy "beta" badge, Katz will reportedly have ...
SportsFanLive wants to be the Facebook of sports social networkingTECH.BLORGE.com
Biz break: Electronic Arts drops hostile bid for Take-Two, but ...San Jose Mercury News
Former Yahoo Exec Katz Launches New SportsFanLive Web SiteSportsBusiness Daily (subscription)
Adweek - WebProNews
all 31 news articles

Konnects Offers Easier Way for Early Stage Professionals and ... - MarketWatch

Konnects Offers Easier Way for Early Stage Professionals and ...
MarketWatch -3 hours ago
Professional social networking service blends flexible and open functionality with a focus on business users. TACOMA, Wash., Aug 20, 2008 /PRNewswire via ...


Garmin gets in the social-networking groove - CNET News

Mashable

Garmin gets in the social-networking groove
CNET News, CA -Aug 18, 2008
Many people thought that location-based social-networking and friend-finding applications would explode after the launch of the iPhone 3G, ...
Garmin and uLocate Communications Team to Create Location Based ...Business Wire (press release)
Garmin gadgets get "Buddy Beacon"Computerworld
Garmin's devices to get uLocate's friend finder Buddy BeaconGPS Business News
Boston Globe - Mashable
all 16 news articles

Friendster Deploys Google's OpenSocial API - PC Magazine

Appscout

Friendster Deploys Google's OpenSocial API
PC Magazine -18 hours ago
by Chloe Albanesius Social networking site Friendster announced Tuesday that it has deployed the OpenSocial API as part of its developer platform. ...
Friendster Deploys OpenSocial Support for Benefit of 75 Million ...FOXBusiness
Friendster now allowing third party applicationsTechWhack (press release)
Friendster deploys OpenSocial APIsTelecom Paper (subscription)
The Associated Press - Washington Post
all 81 news articles

MASN beefs up social networking offerings - Bizjournals.com

MASN beefs up social networking offerings
Bizjournals.com, NC -19 hours ago
The Mid-Atlantic Sports Network has launched a social-networking hub as it continues to bulk up its infrastructure. The 3-year-old network, ...

New Service Applies Social Networking to App Testing - New York Times

New Service Applies Social Networking to App Testing
New York Times, United States -15 hours ago
... IDG Massachusetts startup uTest is launching an on-demand service that weds application testing to social networking through a community of more than ...

HANA Employs New 1394 Over Coax International Standard for HD Home ... - MarketWatch

HANA Employs New 1394 Over Coax International Standard for HD Home ...
MarketWatch -14 hours ago
The 1394 Trade Association earlier this month approved the new standard for networking that allows high-definition and multimedia content to be protected ...

WBS Connect: Innovation is Key to Success in the IP Networking ... - TMCnet

WBS Connect: Innovation is Key to Success in the IP Networking...
TMCnet -12 hours ago
Successful companies like WBS Connect (News - Alert), a data networking solutions company based in Denver, Colorado, are staying ahead of the curve by using ...

Government's social networking warning - The Age

Government's social networking warning
The Age, Australia -10 hours ago
Victorian Deputy Premier and Attorney-General Rob Hulls said in light of new research showing employers were using social networking sites to research ...

Clueless about trading? Start networking online - The Associated Press

Clueless about trading? Start networking online
The Associated Press -12 hours ago
Zecco and TradeKing, which tout themselves as among the first brokerages to offer online social networking, are now adding functions that go beyond the ...