Your Network is Your Net Worth

Pavan
3 min readAug 14, 2024

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Some people hate it, some people love it, but at least we can all agree: Networking is one of the most important business skills. — Entrepreneur.com

While it is true and is essential for one’s career, I personally am not a fan of networking purely for superficial purposes.

Networking is a great way to meet potential employers and business partners, and it is estimated that 85% of jobs are filled through internal referrals. However, It’s been an eye-opening experience to see who my friends are, especially after graduating and leaving the university campus life behind.

As a business student, it’s always been about meeting new people. Who can you connect with to propel your career forward? Which future executive in your class haven’t you added on LinkedIn yet? It’s a numbers game, after all.

I naturally fell into the routine of attending networking events and joining student clubs, making some good friends along the way. However, many of these connections didn’t stick around; being more focused on their professional lives.

Photo by Christian Battaglia on Unsplash

Building Meaningful Connections

So, how do you build meaningful connections? By being more intentional with my time and who I spend it with, I am able to express my authentic self without worrying about what others are thinking. Show a real interest in getting to know others, their passions, and their dreams. They will likely do the same in return.

Interestingly, my closest friends now are those I met outside of these professional environments. By focusing on quality over quantity, I’ve realized that I prefer having a smaller group of friends who have my best interests at heart, rather than those who are around just for LinkedIn clout. This leads to greater life satisfaction (double!) and less depression. Studies even show it can lead to a longer lifespan.

1st year boysss about to graduate

Reciprocating is also key in maintaining these relationships. I know that my close friends will be there for me in the future and vice versa, both in terms of professional opportunities and emotional support. I’d rather have a tight-knit group of friends with whom I share history outside the classroom and office, working together to build our dream lives. Plus, it’s a lot more fun! Why settle for anything less?

  • The Pareto Principle (80/20 rule) is a great way to identify which friends have similar values and goals, helping to solidify existing relationships. Focus on the 20% of your friends who contribute the most to your happiness and well-being, and invest in those relationships.

While networking is an essential skill in the business world, it’s the genuine, heartfelt connections that make the journey worthwhile. By focusing on quality over quantity and surrounding yourself with friends who truly care, you not only enhance your professional prospects but also enrich your personal life. So, choose your friends wisely, invest in those relationships, and watch how your network becomes your greatest asset. After all, life’s too short to spend it with people who don’t have your back!

EE Pc’21

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