Wednesday, November 1, 2017

20A - Growing Your Social Capital

Person A

Who they are and what their background is.
Person A is a domain expert in the hospitality industry

Which 'slot' you are filling with each person (i.e., domain expert, market expert, supplier), and how the person fills the spot.
Domain expert

A description of how you found the person and contacted the person.
Person A is a close friend’s mom. I asked my friend for her mom’s email and sent a professional email asking for her assistance with a project.

The nature of the exchange you have with the person -- what favor did they do for you? What is the return expectation?
The nature of exchange with this person was a mentor/mentee nature. Person A is a friend’s mom and was more than happy to help when I asked for assistance.

How will including this person in your network enhance your ability to exploit an opportunity?
This person is an expert in the field and she has already given me tips and tricks for success in the industry. I also know that if I were to have any questions along the way, she would be a great person to consult.


 Person B

Who they are and what their background is.
Person B is a market expert in the hospitality industry

Which 'slot' you are filling with each person (i.e., domain expert, market expert, supplier), and how the person fills the spot.
Market expert

A description of how you found the person and contacted the person.
Person B is a boss from a past internship position. I contacted Person B via email.

The nature of the exchange you have with the person -- what favor did they do for you? What is the return expectation?
The nature of exchange with this person was of a boss/employee nature. Person B was a great boss and mentor to me and this was further demonstrated throughout our communication. They did me the favor of giving me input on my ideas and advice for my potential target market.

How will including this person in your network enhance your ability to exploit an opportunity?
This person is an expert in the field and he was able to better inform of my potential target audience and ways to influence them.


Person C 

Who they are and what their background is.
Person C is a supplier in the hospitality industry

Which 'slot' you are filling with each person (i.e., domain expert, market expert, supplier), and how the person fills the spot.
Supplier                              

A description of how you found the person and contacted the person.
I found Person C on LinkedIn and communicated with them via LinkedIn Messenger.

The nature of the exchange you have with the person -- what favor did they do for you? What is the return expectation?
The nature of exchange with this person was extremely professional. They did me the favor of giving me advice for my future in this industry.

How will including this person in your network enhance your ability to exploit an opportunity?

This person is an expert in the field and she was able to tell me how the supply chain management typically works in the hotel industry. This was very interesting for me to learn and it may also be advantageous for me to have this contact for my future business ventures.

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