If you were a corporation, what’s your stock worth?

Sometimes, all we are is what others perceive us to be. It doesn’t matter how great we are at a task, unless other people benefit from it. I was thinking about all of the people that I have known in my life – it’s interesting how a stranger can become an acquaintance and then turn into a close friend. Interesting because just days before you wouldn’t even know them and suddenly you trust them. I rarely take dynamics on face value; I tend to study a process, always looking for clues as to why things happen the way they do.

If you were to choose ‘1′ person to go into battle with, who would it be? If you were to choose ‘5′ people to camp out with, who would they be? If you were to choose ‘10′ people to form an informal alliance of trust with, who would they be? If you were to choose ‘100′ people to attend your birthday party who would they be? If you could pitch a business opportunity to a group of business mentors who would you want listening? Knowing the answers to these questions lies in knowing who you are, knowing who you are is only possible if you know where you’re heading. If you know that, you are going to get there. Truth is, very few people take time out to think about these simple questions.

When we look at how people are networking in the online world today, it becomes incredibly unnerving. Marketers are brainwashing people into a mindset that suggests we need to “add as many people on our networks as possible” if we want to succeed in doing business online. “She’s in your industry, let’s add her on LinkedIn”, “He looks like someone influential, let’s add him to our Facebook”. It’s like everyone is being encouraged to waste time adding as many people as connections with a blindfold on, instead of investing the same amount of time into reinforcing some of the online relationships that we already DO have, and neglect.

Next time you are going to add a dozen people to your network, think about this for a second: Will I choose these people for going to battle with, or camping out with, or starting an online trust-based association with or are these people going to be little more than another number on my profile page that I can hopefully syndicate my content through? Will having these people on my list actually add value to my efforts and make me more influential in any way – or are they just going to leach away the value and worth that I have been building for myself. Another question we should be asking ourselves is; do I have the time and resources required to be able to add value to what they are working on.

We need to seriously reconsider how we network online – there are individuals who think that online networking is not different to offline networking, except you can do more of it across distance and time. A lot of people who “get this” will read this note, just as I read notes written by others that lead to a thought process towards establishing more rewarding relationships online. Am I the only one who feels a movement of people who “get this” flocking together, like birds of a feather, or do we all sense that it’s happening around us.

I want to hold onto this thought whilst we take a moment to look at ourselves as an important part of this movement. Let’s take each of us and consider ourselves as an entity that has a set worth, like a corporation of some sort (Just like Nightingale’s philosophy). Let’s consider that our “circle of trust” are people who believe in us and have invested in us, let’s look at this investment as them owning shares in our stock value. Now it would be each of ours responsibility to ensure that our stock value increases over time so that the investment our circle of trust has made in us pay’s them a healthy dividend as well as a capital gain over time. If we don’t do this they will stop investing in us.

Now what if we were the CEO of a major corporation that had hundreds of staff, thousands of clients and multiple stock holders that all cohabited under the one umbrella - and it was your responsibility to continually add value for these stakeholders. You are going to want some talented people adding value each day if you are going to succeed in your role. Now, as the CEO of a major corporation, if you were to set a target of lifting the corporation’s stock value over a defined period, would you tackle this by asking your executives to produce more or would you be better served off focusing on the individuals. What if you were to embark on a campaign that touched all your stock holders, customers, staff and executives through? What if, you were able to lead them all into focusing on elevating their own focus to increase the level of intent they carry into each day. What if you were capable of encouraging everyone to enhance the level of perceived value they represent to the people around them.

Now, wouldn’t it be true that if everyone was able to elevate their intent towards others, at some point, this would increase the value each individual represents to others. This could only lead to the value of the entire corporation to rise, along with its stock price.

Does this mean that everyone should hit the street and pick 1000 people to start adding value to? No, but everyone can increase their level of intent with everyone they come in contact with through every single day by adopting a simple shift in mindset. Open doors for ladies, give your seats to old people on a bus, say thank you, appreciate the person who serves you coffee - it’s the little things that increase your overall intent which ultimately determines our stock price as an individual.

My point is this, if we all shifted our mindset to see ourselves as having a stock value and we all started viewing the people in our lives as stakeholders in our corporation who had varying degrees invested in us, we would be forced to accept our market value. If we don’t like what we see then we must accept that there is only one way to fix it. We should focus on the value we represent to our stock holders and find ways of enhancing it so that stock price can rise. Do you see the analogy here? If we run around obsessed with making fickle connections who we can yell at by shoving links in their faces and demanding they listen to us then it’s only a matter of time before your stock price crashes. You can only, at best be building a bubble and as we all know, bubbles pop.

When it comes to business I would want to partner up with people who I can add value to. It enhances the value I represent as a person and by the same token, I want to work with people who add value to what I do. In my personal life I want to partner with people who are like mirrors that reflect me – so as to amplify my value. I married a wonderful woman who is witness to everything I do in life and in business. Without her, other family and my closest friends, what I do in business has no meaning. When you are networking online, let’s first understand the value you represent to each other with a view to reaching a higher potential in your businesses together.

Take some time to think about the collective power of a great movement of people that are focused on the overall intent they represent each other versus working in your own direction. If committing to a relationship, lets be sure we can honor it and let’s not commit to more than we can honor.

If you have read my “Sleeping With The Enemy” post you will have seen what my focus on 14 effective relationships did for me in a previous business. What I didn’t talk about in that post was how I started out begging, borrowing and stealing to start one very small 30 backpacker business. I had no clout, I didn’t have the numbers with 30 beds to be taken seriously by anyone in my industry or in hospitality. I could not approach top clubs and promoters in town with a view to partnering because at that stage there was not a lot of value I was able to offer them. Instead I focused on relationships where I did represent value, my backpacker customers who valued everything I was able to do for them. This trend was reciprocated by them wanting to add value to what I was doing because it’s in our nature to want that. Eight years later, through maintaining this focus, my network was 5 tiered from myself, down to my managers, to our house captains, to their lodgers onto their friends that was the most powerful social movement in Sydney that every pub, club and promoter in town wanted to work with. The same people I could never have added value to in such a relationship when I started out. The key message here is that I didn’t try to go after those people who weren’t ready to listen in the beginning.

People have asked me where I am going with this campaign. Questions like, if I have ten people in my group does that mean I will have to bookmark ten people’s content in order to have them bookmark mine?

This is not where I am taking this campaign. This movement has been moving along nicely for a long time now and it will keep moving where the masses allow it to go. Everyone of us is a part of it, I see many thought leaders producing great content that is forging paths that a lot of us want to follow. I see amazing contributors who add value to the efforts of others including mine, and most impressively I see a community that debates protocol and etiquette with a constructive precision, intent on building a better online community. I can see the emergence of a shift away from meaningless networking towards online relationships that do represent greater value.

My aim is to publish thought provoking content that delivers value to those people who enjoy consuming it. My intention is to add enough value to those around me that I attract a top line network of people who I can start a process of building a circle of trust with. I would like to introduce a process whereby I can expand and amplify these connections through a series of interconnected networks operating under a similar charter. This charter is to strive for better ways of harnessing our collective resources into strong infallible ties built on a foundation of trust enabling us to grow together as a movement of thought leaders in the space of social media marketing.

This movement does not need structure but it will need boundaries, and it has to be recognized as a movement for it to become one. If I was to pick ten people who have added the most value to my efforts here on Facebook I don’t need to look very far. I will be spending this week making sure I let them know that I recognize the value they represent to me and I will be arming myself with their email address and their Skype ID or phone number.

Can I recommend those who want to join me on this journey do the same?

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Simon U Ford (SUF.EDBD)

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  • jkoritz
    I have never thought of comparing people in my circle or company to stocks in the market. however it is stated that in a company only 20% of the people do the work while 80% just hang in for the paycheck. However, if this is done on-line such as facebook, those 80% can make noise but they will be overlooked. My mind is racing with thoughts on the subject you bring up: trust and quality vs quantity. Having quality people following us to promote us is much better than dragging tons of people on our pages. I can't wait to share this with my trusted friends.
  • I now think in terms of my stock worth in all online and offline relationships that I have, of how everything I do or say affects someone else’s. I have not of course learned this from one post.. but from following Simon’s lead, reading his book “Social Traffic” and more recently participating in the “Cracking the code” 10 week course he has developed...
  • Very powerful article. I was reading some other work this morning on the local company here in South Africa that promotes Steve Coveys work. They use the slogan...."at the speed of Trust".

    It stopped me dead in my tracks! Its exactly what Simon speaks about here. Keep pace with everything while we move forward at the highest speed possible but that our "terminal velocity" (for want of a better word" is of how long it takes us to establish TRUST with our audience. If we move faster than we can establish trust, we are adding quantity, whenwe move ahead at the same rate as we establish TRUST, we add quality.

    When we add quality we increase the value or worth of our stock. (ourselves)
  • This Value of each person did not make me look upon others, it made me look at me this was a part of the Social Traffic Course that sat & resided with me deeply. I ended up looking at my value, looking at how I could contribute to others and just appreciate the journey. When you take the focus on your goal and mix it with this value of others you still concentrate on your expertise and skill but you make it better for others and they truly value you. I am glad I was taken on this jouney. Great post. Its so true that etiquette is online as well as offline.
  • Simon, you nailed it here. Marketers are trying to convince us that we need large numbers of people to follow us.They are doing it for their own needs. What we have to release is that we can take control on social media - we have that power.

    As you have said, it quality vs. quantity. It is better to have 100 good followers that you interact with versus 1,000 followers who you know nothing about. I like the metaphor of the people you would go camping with. I am not sure I will ever be going into battle, but I do go camping. I go with people I know and trust.

    I think that's the key trust. That's what social media is all about - building trust.
  • In a world where we have more and more relationships to maintain, online and offline, people really lose sight of the fact that we need focus, and fail to realise that they're spreading yourself thin. Well put!
  • There are very few posts ANYWHERE that I can point to and say, "That post changed the way I think." This is one of them.

    I can remember where I was when I first read this post just over a year ago. I was building a faux friend list on Facebook, getting no traction and wondering why. This was the post that changed my social media life forever.

    Online business is no different than offline business, you get out of it what you put into it. If you're building a massive following with no real interactions you can't expect that will get you anywhere.

    The day I read this post I decided to change everything I was doing online. I actually stopped adding friends and decided to try and make connections with the ones I already had. Since then the most important decision I made was to start following you Simon.

    I modeled my activities after what I saw you doing. I tuned in to the conversation and added value wherever I could. I made real friends online and now I believe whole heartedly that QUALITY will always win over quantity.

    These are the principles that Social Traffic was built on.
  • I can't agree more with you Jonathan. This is one of those posts that should be re-read every couple of months to serve as a compass for all of our online activities.

    If we just stopped to ask ourselves is this improving my personal brand before we did an action online we would all be better for it.,

    Doug
  • Love this article on 'circle of trust.' The way we market online is changing....."Next time you are going to add a dozen people to your network, think about this for a second: Will I choose these people for going to battle with, or camping out with, or starting an online trust-based association with..." Great thought provoking ideas of how we will market going forward.

    Who is adding value to your business? To your business network?
  • This article demonstrates in simple terms the quality vs. quantity discussion.The one thing I struggle with is the fact that before you can even start building a relationship with some one this person needs to become a facebook friend. Thus contributing to the large list. You are saying that a large list is diluting your online efforts, but adding people to the list is a must if you want to find people to bond with.
  • Why do you struggle with this?
    How many times have I defined the difference between building an audience, a prospect list and filtering down to your money or customer list through your sales funnel???
  • I was trying to get a discussion going. It is a question I get a lot. Sorry, should have phrased it differently. I will not post comments any more when I am too tired to think clearly.
  • It is interesting to see this today after almost of year of participating and observing this community. The core group is pared down and now I see them taking roles to add value and become value.
    I think the desire for a lot of people on line is to rush and do a numbers game but in the end you will need to parse through the contacts to put an identity to the name. Only when the individual shows up can you enter a conversation and gain trust enough to have each others backs.
  • It is very interesting how we make new friends. And there's been lots of studies done and different tactics taught by so-called gurus on how to speed up this process of real friend making. There are some tactics which can speed up the process but only to a certain point. Once you get really good whenever you meet somebody new there is always going to be that initial incubation period where there's a minimum timeframe required for them to trust you if you trust them.

    Thinking about ourselves in terms of a corporation with stock value can be very useful. When you look at your activities throughout the day how much time was actually productive and adding value to your business making you money and how much was just filler?
  • bobbicknell
    Great post! More leaders in Corporate America need to read this! This point is well taken:
    "see amazing contributors who add value to the efforts of others including mine, and most impressively I see a community that debates protocol and etiquette with a constructive precision, intent on building a better online community."

    If we all treat people the way we would like to be treated and truly cared this world would be a different place. Many are brought up with the points you made personally about holding the door for others while others weren't but then changed after observing. This article is full of key points proven and tested over history by different leaders.

    One great leader I worked with said "To lead by example and others will follow". He said "show people you care and give them value and to build a great team.. Well by adding value to others lives and enhancing our relationships with them will always outdo the law of large numbers where no relationship is built. Simon your article has caused folks to reconsider just adding large numbers of people to communities versus nurturing productive ones with active contributing folks who care about helping others succeed.

    We have seen this on the internet where some folks keep trying to sell a new client instead of focusing some time on building relationships with those who already own your product and love it and trust you and want more on the back end! Thanks Simon for this post and your book "Social Traffic"!
  • Are you the type of person that has the conversation at the party with everyone? or are you the person who can listen to the conversation and still hear the ones around you. Most people have no idea if they are one or the other. They have never consciously stood outside of themselves and watched to see how they interact with people and how people accept them.

    I am now living in a conscious state of being, watching my every move. How I interact with people. Do I provide something of value? Or when I get done talking with people do they ask, what was that whole conversation about? There was nothing said and we talked for half an hour. This does really happen. We all know those kind of people. It has become important to me, because this is what I do. I have conversations with people. Through our conversations, people are able to make decisions if they want to work with our company. Sure we give them examples of what we do, but the meat and potatoes is in our conversations. Conversations of confidence and testimonies for reputation.
  • i think we are guilty of accepting friend requests and going after a bunch of friends to increase the numbers. I know that I am... yeah, it is my facebook. It did not start out that way, but it is now. I do know the majority of the people, but I can not provide the quality of relationship that a friend needs. I have been building networks of people for more than 15 years now. I always ask a person if there is anything I can do to help. I get a lot of calls asking for a referral. Who do you know that does this, has always been a common phone call. I was not sure why I was doing this, I just knew that it was important. This article is a great example of why we need to do this and now look to your past. Try to evaluate what your stock is worth. Remember, it is never to late to start raising your worth. Be a contributor...
  • soldbyorion
    I think with the newness of social media we have been guilty of going for mass connections rather than connections we can actually benefit and benefit from. The more I learn about social media the more I realize it's about quality connections.
  • This article hits home, I have been seeing so many so called GURUS saying friend everyone and anyone. By doing that you get caught up in a messy web of people that you don't know and can't trust. I have had people that I have befriended that way start to post things that are not of my moral compose and later having to delete or stop following them, if I had taken the time to know them first I would have avoided some embarrassing situations. This article, delivers a great message of social media, I have not read anywhere else, The Value is Truthfully here.
  • It's funny looking back at this article now. The last time I read this we were in the middle of the Christmas Cheer campaign. That was a turning point for me. That's when I really go into what Simon was teaching.

    I used to go on those "friending sprees" every once in a while. I'm not even sure why I did. It never amounted to much more than a traffic spike on my site for a day, maybe two.

    The connections I've made with Social Traffic are REAL. We've got each others back. Before this I wouldn't have believed that I could actually be FRIENDS with people I never met now, I am here to LEAD us into battle with my Social Traffic teammates at my side.
  • Guest
    "it’s interesting how a stranger can become an acquaintance and then turn into a close friend."
    Yes, that's interesting. It's again i think coming from trust, trusting the universe that will get you to know the right people. Here we say: "tell me who your friends are and I'll tell you who you are."
  • Guest
    "it’s interesting how a stranger can become an acquaintance and then turn into a close friend."
    Yes, that's interesting. It's again i think coming from trust, trusting the universe that will get you to know the right people. Here we say: "tell me who your friends are and I'll tell you who you are."
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