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NetworkingMotivation

Power Team versus Contact Sphere

Kim Erick
May 15, 2024
Power Team versus Contact Sphere

Everyone has a contact sphere, but not everyone develops those into a power team. According to Ivan Misner who coined the term, "a contact sphere is a group of symbiotic professions who have a good opportunity to provide referrals to each other."

A power team takes this a step further. A power team is a group of individuals who have actively committed to generate business for each other. These individuals work with the same clients, but do not take business away from one another.

My Business Services Power Team

  • Business banker
  • Health insurance broker
  • Life and accident insurance representative
  • Certified financial planner and investment adviser
  • LegalShield representative

My Technology and Marketing Power Team

  • Web designer and logo maker
  • Technology service plan provider
  • Office machinery sales person
  • Media marketing specialist
  • Printer

Finding Experts

Think back to when you started your business. How much easier would your start have been if you knew experts in these fields who could assist you versus figuring it all out for yourself?

Being in business and having a power team has many benefits: 1. It will help you grow quicker 2. You have a trusted ear to talk things through 3. You have the potential for a free sales person for your business

Who is on your power team?

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