Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Delivered daily
Kiplinger Today
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more delivered daily. Smart money moves start here.
Sent five days a week
Kiplinger A Step Ahead
Get practical help to make better financial decisions in your everyday life, from spending to savings on top deals.
Delivered daily
Kiplinger Closing Bell
Get today's biggest financial and investing headlines delivered to your inbox every day the U.S. stock market is open.
Sent twice a week
Kiplinger Adviser Intel
Financial pros across the country share best practices and fresh tactics to preserve and grow your wealth.
Delivered weekly
Kiplinger Tax Tips
Trim your federal and state tax bills with practical tax-planning and tax-cutting strategies.
Sent twice a week
Kiplinger Retirement Tips
Your twice-a-week guide to planning and enjoying a financially secure and richly rewarding retirement
Sent bimonthly.
Kiplinger Adviser Angle
Insights for advisers, wealth managers and other financial professionals.
Sent twice a week
Kiplinger Investing Weekly
Your twice-a-week roundup of promising stocks, funds, companies and industries you should consider, ones you should avoid, and why.
Sent weekly for six weeks
Kiplinger Invest for Retirement
Your step-by-step six-part series on how to invest for retirement, from devising a successful strategy to exactly which investments to choose.
It has been a very long time since I was first introduced to the “elevator speech.” This is the concept that influential people have a practiced, but convincing, few sentences that will trigger another’s interest in their enterprise, services or campaign, on an emotional level.
This icebreaker concept, of course, only really works outside the business setting, during personal social encounters when people are expecting only casual conversation: while riding an elevator, waiting in line for something or mingling at a gathering. It is much less effective during a Zoom conference.
Networking is essential for anyone who wishes to stay relevant, regardless of their purpose. Whether you provide professional services, consult, manufacture something or clean offices, you are part of a social network that depends on personal contact for prospects, referrals, opportunities, best practices and innovation.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
The Challenges of Networking Today
Simply put, networking is meeting new people and reinforcing a personal relationship with those you’re already acquainted with. Part of networking is simply being present in the community. Whether you attend a conference, a seminar, a training program, a fundraiser, an association meeting, a campaign event, a dinner party or just happy hour, your presence places you in the midst of people who may benefit from knowing you or who know someone who will. Of course, your absence from social networking will quickly go unnoticed as you sink into the depths of anonymity. But that was before COVID-19.
What do we do now that nonessential gatherings are simply too risky for most people or are banned by local authorities? We must find new ways to be relevant. Whether the purpose of your networking is to sell services or products, to raise awareness and inform, or to influence and inspire, you are, no doubt, falling hard on those internet tools that you previously used only to create opportunities for personal engagement. Now, we hope that these tools will actually pass for personal engagement.
Don’t Waste Your Time Adding to the ‘Noise’
Sitting at home, or isolated in our offices, we are writing more blogs, more blast emails, more sponsored content. We are also ignoring the swamp of mostly redundant information deepening in our inbox, spam folder and social media streams. In many ways, we might as well just be writing to ourselves.
Setting aside singer Demi Lovato’s poignant story, her song Anyone makes a relevant point: “Told secrets ’til my voice was sore, tired of empty conversation, ’cause no one hears me anymore.” This need for recognition coupled with a lack of personal insight spotlights a much larger issue: the ocean of information we swim in and add to with little return on our efforts and less benefit to our intended audience. Then we wonder why we didn’t get any “likes” or “thumbs ups” for our contribution to the tsunami.
Instead, for Networking Today Go Old School
Maybe, the secret to post-COVID networking is to simply pick up the phone? Yes, I know, your phone is always in your hand or on your wrist — but in this case, I mean the part of your phone that Alexander Bell invented. The actual phone part. Don’t forward an interesting link, post a comment or share a podcast with a note: “Thought you’d like this.” Call someone and ask them how they are. Once you get used to it, you can make it your new habit.
Make a list of the people you most need to speak with, personally and professionally. Then make a list of those you want to speak with at least monthly. Start dialing — you know, that part where you say, “Siri, call So and So.” You’ll leave many voice messages, but most will call you back, too.
In these days of isolation, a disembodied voice on the line is not the horror it once seemed. Your network is still there, and it is waiting for you. Being there is the sole requirement; simply being present.
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Timothy Barrett is a Senior Vice President and Trust Counsel with Argent Trust Company. Timothy is a graduate of the Louis D. Brandeis School of Law, past Officer of the Metro Louisville Estate Planning Council and the Estate Planning Council of Southern Indiana, Member of the Louisville, Kentucky, and Indiana Bar Associations, and the University of Kentucky Estate Planning Institute Committee.
-
5 Vince Lombardi Quotes Retirees Should Live ByThe iconic football coach's philosophy can help retirees win at the game of life.
-
The $200,000 Olympic 'Pension' is a Retirement Game-Changer for Team USAThe donation by financier Ross Stevens is meant to be a "retirement program" for Team USA Olympic and Paralympic athletes.
-
10 Cheapest Places to Live in ColoradoProperty Tax Looking for a cozy cabin near the slopes? These Colorado counties combine reasonable house prices with the state's lowest property tax bills.
-
Don't Bury Your Kids in Taxes: How to Position Your Investments to Help Create More Wealth for ThemTo minimize your heirs' tax burden, focus on aligning your investment account types and assets with your estate plan, and pay attention to the impact of RMDs.
-
Are You 'Too Old' to Benefit From an Annuity?Probably not, even if you're in your 70s or 80s, but it depends on your circumstances and the kind of annuity you're considering.
-
In Your 50s and Seeing Retirement in the Distance? What You Do Now Can Make a Significant ImpactThis is the perfect time to assess whether your retirement planning is on track and determine what steps you need to take if it's not.
-
Your Retirement Isn't Set in Stone, But It Can Be a Work of ArtSetting and forgetting your retirement plan will make it hard to cope with life's challenges. Instead, consider redrawing and refining your plan as you go.
-
For the 2% Club, the Guardrails Approach and the 4% Rule Do Not Work: Here's What Works InsteadFor retirees with a pension, traditional withdrawal rules could be too restrictive. You need a tailored income plan that is much more flexible and realistic.
-
Retiring Next Year? Now Is the Time to Start Designing What Your Retirement Will Look LikeThis is when you should be shifting your focus from growing your portfolio to designing an income and tax strategy that aligns your resources with your purpose.
-
I'm a Financial Planner: This Layered Approach for Your Retirement Money Can Help Lower Your StressTo be confident about retirement, consider building a safety net by dividing assets into distinct layers and establishing a regular review process. Here's how.
-
The 4 Estate Planning Documents Every High-Net-Worth Family Needs (Not Just a Will)The key to successful estate planning for HNW families isn't just drafting these four documents, but ensuring they're current and immediately accessible.