Social currency is what we have to offer as individuals and business professionals-- extending your relationships on behalf of your colleagues to help them accomplish their goals. Building relationships with new people and sharing learning, resources and experiences.
Exchanging value. Creating value.
It’s what we have to give.
So when you extend your network to someone else it is then in their hands to carefully handle and nurture those contacts. Here’s the catch. As you start building on those relationships and share and exchange value—don’t forget to acknowledge and thank the connector. This is one of the most commonly make mistakes in networking and relationship building today. Social currency is what we have to give. It is a currency and has value. When you benefit from that currency, be sure to recognize the source and at some point down the line…. match the value.