EditorialsBy Matt Bud, Chairman, The FENG

Is there a possible pitfall in sticking with a homogeneous group of unemployed people?

First of all, I would never suggest to anyone that they should solely and exclusively network within The FENG. What I have suggested and do strongly suggest is that you START with our networking group and use it to springboard your way to presidents and general managers who might need a “been there, done that” senior financial officer.

Just as every great journey starts with a single step, so too does success at networking start with a few successes. Us shy financial types need to experience a positive result to keep on coming back for the inevitable beatings that will come our way as we network outside of those who understand what we do and who have a personal interest in seeing us succeed (even if that interest is only because they are fellow members of our august body).

It is always difficult to find good places to network. And, mixed groups are often just that. They can frequently represent a wide range of levels, from those early in their careers to those nearing retirement, and range from those well educated to those not so well educated. Your time is valuable, and you need to pick and choose carefully.

Industry meetings such as local Venture Capital groups or national organizations such as the Association for Corporate Growth, present good opportunities for networking and you should seek them out by checking local newspapers.

Networking, networking, networking is always the path to go. It may appear to be a mysterious sequence of events that gets you introduced to “Santa Claus,” but it is actually part of the design and why it works. (Santa Claus is the person who actually offers you a job.)

Gatherings of all kinds can be important. You need to get out of the house and present your credentials to others. As with anything else, the more you do it, the better you will get at it.

So, don’t just stick with the good old FENG. Spread your wings and fly. But, use our meetings for practice. As you know, practice makes perfect.

Regards, Matt

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