Recently I was asked this question which I thought was really a good one.What a great question. How would you answer it? Think about it before you read further.
I think the answer is crystal clear and applies to any size business, from a one-person start-up to a Fortune 100 corporation. It applies equally to developing a career as it does to accelerating the growth of an organization. I cover my answer in my recently published book
I would spend (“invest”) the $500/week by I having a business-related networking breakfast meeting at least 5 mornings a week.
Let’s say the average tab for two people having some eggs or pancakes will be $20. Assume also that maybe occasionally the other person splits the check or picks it up in total. So a week’s worth of breakfast meetings should cost you less than $100, leaving a few bucks left over that you can use to have some fun.
Why meet over breakfast?
Almost everyone will agree to do this before their work day starts
These discussions are typically to the point and under an hour
They cost less than doing it over lunch or dinner. Networking at dinner meetings cuts into your...