Thursday, 16 May 2013

Expand your business by being an access point


Africa is poised to grow at a rate of 5% per year. The World Economic Forum discussed it in great length in Cape-town, where I was honoured to be one of the moderators. “Can Africa live up to it’s promise?’ It’s the question in the room at the moment. What does this boil down to; lots and lots of opportunity needs lots and lots of cooperation and trust. Many times at the WEF the talks were about spring board platforms for talent and new ideas. Such platforms need cooperation and trust. Does politics or economics drive Africa?

In the past Africa has had a reputation of being “difficult.” I’m not just talking about local laws or government policies but the overall supportive culture of BIG ideas.

Are there opportunities in Africa? Yes massive ones and it’s no secret, but the better question is “Where are the access points?”

There are opportunities in China right now that will blow your mind. There are opportunities in Tete, Mozambique, the fastest growing city in the world. There are opportunities in Ethiopia, the Sudan, and Bolivia-and you probably know of a few more. We’ve had the conversations and they go like this… “You know what city is absolutely booming with opportunity…” Then it goes into a long story that you heard from some guy, that CNN picked up and did a short story on and so on. The only problem is you have no idea how to get involved or how to reach there.

We all know there’s opportunity, but not all of us have the access. You might be someone that has an “access point’ and not even know it? Do you have a good reputation in your city, a positive stream of endorsements, and do you trust yourself with people and introductions? Do you relate well with people, are you trustworthy, can you keep a secret if you need? If the answer is yes you could very well be an owner of an “access point.” If you don’t have a good reputation then you might want to start mending the bridges, repaying your debts, and start being this link for people who know there’s opportunity but can’t get to them.

How to be an access point:

People will pay a lot for trust - be honest and trustworthy.
Trust is earned over time. If you are willing to breach contracts, sell out to a higher bidder when you already gave your word, or just blatantly lie, then forget being trusted, and do not expect to be an access point.

Be accessible.
Nothing is worse then having an access point that you can’t access. Answer your phone, answer emails, create a good reputation when it comes to communication.

Connect people up even when you don’t get paid.
It’ll add to your reputation which will in the end lead you to more opportunities. Be a networker of ideas. Think about how you heard about your current mechanic, your current doctor, your accountant, your lawyer. Chances are it was through word of mouth. Someone connected you with them. Now take that concept and expand it beyond the sharing of professional services to connecting people in different spheres, different parts of the world.

Open up your world.
There might not be an immediate opportunity but if you’ve met someone with confidence and high values then finding a connection point might be around the corner. Be attentive to conversation. It will be in the seeming random, non-formal communication that you can pick up people are looking for. Some of the greatest opportunities may lie waiting at the office coffee dispenser. Many times we focus on where we are at and what we’re doing and by default only see opportunities where we are looking. Lift up your head from your desk and look around you. See what is available.

Churchill said 'You make a living by what you get, but you create a life by what you give'.

Being an access point often means being a giver. Connecting people is at its core an act of giving, you are giving away an opportunity that you may not be able to take advantage of on your own. But the result is so much bigger than anything that you could do individually that it is too good not to. Remember the hosepipe, that as it connects the tap to the plants, it too gets wet.

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