Thursday, May 22, 2008

How Much is Your Network Worth?


The other morning while brushing my teeth and brainstorming ideas for an upcoming breakfast meeting about social networking, I had a thought—How much is a network worth? Not in the mystical, invaluable way, but in the cold, hard cash way.

Obviously having a strong network and a reputation to match can often allow you to charge a premium for your service or product. It can also open doors to opportunities you may not have experienced otherwise.

So how about when it comes to something like salary negotiation? Is your network worth an extra $5,000? $10,000? $50,000?

If someone offered you money just to use your network, how much would you sell yours for?

Please share your thoughts…