Business Networking International (also known as BNI) was founded by the business consultant, Misner Ivan in 1985. The referral network establishes networking teams around the world. These groups meet each other every week, and the goal is to become a member and a member of the BNI group to increase referral business.

Benefits

There are many advantages to joining the BNI network chapter or any other network group. One of the reasons is that someone joins a network group to gain insights and increase business. The larger the network, the more business you create. Another great advantage of networking is the knowledge and information provided by professionals working in different fields of expertise. Public speaking skills are also improving in practice.

Disadvantages

There are a number of strict rules and guidelines for BNI members. Some of these rules: There are only one member in the BNI chapter from every profession or industry. You just hang out loudly two meetings annually. Members of the selected chapter will not hear other chapters aloud. This is called cross-chapter networking.

Costs and commissioning

BNI takes over business owners to launch networked groups in their community. The presidents are trained to start and run a network group. The president of the new chapter will receive free membership in the first year of launching the group. The presidential position is rotated annually through an election process. The president does not receive compensation for the leadership of the group. Membership costs of BNI members are $ 330 and an additional first registration fee of $ 100.

Conclusion

BNI has been a successful business model for many years and seems to be very effective for generating links to small business owners. The only real problem I see at BNI is that they are unable to pay the chairmen who direct and direct the group. The presidents are doing a lot of work and invited potential members to the group. They are profitable for their business, but it takes a lot of time for them to actually do business.

Completes a number of competitive business networks, and BNI is clearly the largest networking organization. Make sure you look diligently and select the right network group for yourself.

There is a new business networking organization that revolutionizes the network arena. Biz Society is based on a social networking platform and pays 20% of its membership to its chairpersons. This organization allows any business professional to launch a group on their own territory. They give them the tools and instructions to start and run a successful group.

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