In the rapidly evolving landscape of today's title insurance industry, the ability to form connections, nurture relationships, and tap into a diverse pool of knowledge is more critical than ever. Networking, a tool that was once limited to in-person industry conferences and formal business meetings, has expanded online, making it possible to reach out and connect with professionals across the globe. In this blog, we'll guide you on effectively networking, exploring strategies to define your brand and sharing it with colleagues with similar interests and values.
Effective networking doesn’t begin with contacting the most successful person you know in the industry or attending the largest conference. The critical first step to networking is to look inward and define your personal brand. According to the Harvard Business Review (HBR), creating a personal brand at work is an excellent way to define your strengths, set your professional goals and share them with the world. Once you know yourself and what you want to accomplish, you can easily find people who share your values through the networking strategies we will cover below. And once you share your personal brand online, like-minded colleagues will come to you.
HBR breaks down how you should define your personal brand in three parts:
Once you define your brand, HBR suggests that you find initiatives and colleagues that align with it. Most importantly, you should create and share content that communicates your brand to your network and beyond. Not sure what kind of content to create or where to share it? Start with informative content on an area specific to the title industry in which you are a subject matter expert. This content can act as a resume to promote your work and an invitation to others to connect on anything they relate to. But what format should this content be in, and what platforms should you promote it on? More on that below!
As with most things in the professional world today, networking is a hybrid of online and in-person interactions. Social media platforms like LinkedIn and Twitter offer a vast arena to share original content and connect with colleagues inside and outside the title industry. Start with straightforward written content and add images to posts to extend your reach (tweets with visuals get three times the engagement). If you want to bring your content to the next level, 80% of people prefer watching videos over reading written text. If you can communicate more effectively through video, don’t be afraid to record the content you want to share or try out newer platforms like TikTok.
While sharing content and networking online can reach a broad audience and spark new connections, in-person networking offers even deeper, more meaningful relationships. That’s why, even with innovative technologies like Zoom able to connect us online, 68% of individuals still prefer in-person networking, and 95% of professionals agree that face-to-face connections are essential for successful long-term business relationships. Some of the best places to network in person include:
By combining online and in-person networking, you can build a well-rounded, vibrant network that supports your personal brand and professional growth.
Too often, professionals in the title industry and beyond believe that the goal of networking is only to find a job or seal a deal. For these people, the networking process doesn't begin until they desperately need to land a gig or make a sale. This not only makes networking stressful but also makes the process one-sided. While your colleagues in the industry may be happy to help, some may notice that you only connect during a time of need. Networking in these high-pressure situations can feel transactional at best and disingenuous at worst.
The ultimate goal of networking should be to build meaningful relationships. Fostering relationships with your peers, especially when free from the pressure of work or job seeking, can be an extremely fulfilling experience. The key to building and maintaining these relationships is consistency. Networking should be woven into your daily routine as part of your professional growth. If you view networking as an ongoing process of building relationships, not a means to an end, you can focus on an even more critical question: who should you network with?
Now that you know to commit your valuable time consistently to networking, the final question to ask yourself is with whom to spend your time. Below, we identify three groups you can connect with, learn from, and teach on a mutually beneficial basis.
The Bottom Line
Effective networking in a changing market goes beyond simply collecting contacts. It's about defining your personal brand, nurturing diverse relationships, and consistently engaging with your network. It's a two-way street, so ensure you contribute to these relationships as much as you benefit from them.
Unfortunately, according to HBR, many professionals don't network consistently because they simply don't have the time. In the title industry, we see too many experts spending time on tasks that could be automated within the same outdated title production software they've used for years or even decades. That's where SoftPro comes in.
Our state-of-the-art software solutions can make your business as efficient as possible, freeing up hours every day that you can use to network, learn, and contribute to your community. The days of filling in the same data on multiple documents and navigating complicated title production processes are gone. We can design a customized process for your team that can change and grow with you and your business.
Want to learn more about how our efficient and effective software solutions can save you time and money? Visit our website or give us a call at 800-848-0143 today!