
What is networking and why is it important for businesses and just in general?
(I heard somebody say once that she was going to a party to do some networking.)

What is networking and why is it important for businesses and just in general?
(I heard somebody say once that she was going to a party to do some networking.)
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Networking is establishing relationships with people who can help you on a personal or professional level where the relationship established will be a win-win relationship.
For example: I meet someone who fixes major appliances and I am a realtor. This person can help me fix appliances in homes I sell (for my sellers) and he makes money from the extra business and the sell price is maintained or grows in cost because the appliances are all working.