The Linkulator: How Good is Your LinkedIn Presence

linkulator The Linkulator:  How Good is Your LinkedIn PresenceHave you ever wondered how your presence on LinkedIn compares to the average LinkedIn user.  Last year I created the Linkulator to allow people to score their profile and presence numerically.  You simply answer some questions about your profile and participation in things such as Answers and Recommendations.  It then calculates a score and displays the average score of everyone who has computed a score.  It also classifies your presence based on your score and offers some tips to improve.

I’ve made some tweaks, although technical issues (mainly my lack of knowledge in combining PHP, mysql, and Swishmax2 into a functioning app) prevented me from doing everything I had hoped to do.  Still it’s one of the few free tools (Toys, what’s the diference) out there.    

If someone else had created the tool they might have placed emphasis on different features or weighted things differently.  This is just a fun tool to use, nothing more.  Your rscore will be determined by how active you’ve been in some key areas.    While a high score is good, your true score on LinkedIn is based on how it has enhanced your network and led to new business.  Dollars are what really count.

What’s your score? …Go to the Linkulator

LinkedIn’s What Are You Working On?

 

Sean is working on helping a prospect with their health insurance because they contacted me after seeing my last “What are you working on?” post.  On Twitter they would be responding to my Tweet.  I’m still working on learning Twitter so I’m not sure what a response to a Tweet is.  On LinkedIn that response is called a “New Lead” or even better a “New Opportunity”.

Posting what you’re working on can be a lot like fishing.  You’re casting your bait hoping that someone bites.  On most days you’re lucky if you get a nibble, and you might be tempted to ignore the feature.  You have to remember “Wax on, Wax off”.   Keep doing it until you see why.

A lot depends upon the bait you’re using.  Do you post that you’re meeting friends for dinner at the Waffle House?  Or do you post something relevant to what pays your bills?

If you’re on LinkedIn for social reasons, by all means post about your social life.  But, if you’re like me and most others, we’re trying to find anyway possible to use LinkedIn to drive business.  Today was a good day of fishing!

My post was simple…”Sean just saved a client $800 dollars on their health insurance”.  If you’re responsible for finding your own insurance, that’s hard to ignore.  It’s good bait.  It’s a way to take a positive outcome and share it with my network in a non-intrusive way.  Because of it I may be able to help someone and create another positive outcome.

For taking 30 seconds of my day to make the post I was rewarded with a new lead that I possibly will earn over $800 in commissions.  That’s spending my time wisely.

What are you working on?  Are you updating your network with relevant posts?  Have you had success with this feature?

LinkedIn Part 7: Research Potential Partners and Alliances

Your world has expanded.  Five years ago it evolved around the places you networked and the people you interacted with in non-work situations.  LinkedIn changed the rules.

LinkedIn wasn’t the first social networking site, but it was the first to expand business connections in a large enough way to be meaningful.  I have a Facebook account and it has been great to connect with old friends from college.  I have a Plaxo account, and I love that it includes contact details, but not enough people are really using it.

LinkedIn, though most people don’t really understand how to use it beyond connecting, has changed the way business people network.  It hasn’t replaced face to face networking and it never will.  It’s just enhanced it, in a significant way.

One of the ways you can use LinkedIn is to identify and connect to potential partners and to form alliances.

Old School:  Relying on referrals and a conversation over coffee to see if someone would be a good referral partner.

New School:  Old School + reviewing their LinkedIn profile, seeing who you are connected to in common, reading their recommendations, seeing what questions they asked and answered, and reading their blogs, documents and information from other LinkedIn applications.

Searching for specific types of people on LinkedIn is easy with the advanced people search.  You can also use the Service Providers directory to find the top recommended people in a specific industry.  You might find a partner because they provided a great answer to a question.  Using the Companies search you might identify several people within a company that would be good to get to know.

If the people in your network are active, maybe you receive a forwarded profile.  You could also tap into your network by using the “What are you doing now” Twitteresque feature.  What am I doing?  Sean is looking to connect to CPA’s that focus on working with Dentists in the Atlanta metro.

LinkedIn is your resource directory.  It grows daily with a new account created every second of the day.  Your searches are pretty much guaranteed to get better each time you conduct a search.

When I first encountered LinkedIn in 2006, I thought it was a place for folks in the technology world.  The second time around in late 2007 I could see the business potential.  Maybe the people changed or maybe my eyes were more open the second time.  The next step is for people to move from simply participating to actively participating.  When a majority do so, it’s going to be incredible.

Don’t wait to jump on the bandwagon.  Do a little more today then you did yesterday.  A good place to start is by identifying and building relationships that will provide the foundation for future partnerships and alliances.

LinkedIn Part 1: Can LinkedIn Work For You?

If I had a penny for every time someone told me “I’m on LinkedIn but I don’t really know how to use it to use it”, I would be a rich man. There are literally millions of people with many more millions of connections yet few people have actually been able to use it to generate an economic gain.

So for the record, being a member of LinkedIn can make you money! That’s an easy statement to make. I can even point to client’s that I have that are the result of being on LinkedIn. What’s not so easy is to document a clear way that anyone or everyone can use LinkedIn to make money.

You have to first understand that LinkedIn is nothing more than a tool, much like a chamber of commerce is simply a tool to help you network. For some people membership in a chamber is economically beneficial. For other it’s a waste of time and money.

It’s how you use the tool that determines the winners and losers.           [Read more...]

Guy’s Jobs Story

This morning I received an email from Guy Havelick with a tale of two workers who were laid off.  Here’s part of his email:

 

I work for a large corporation. They too often play the musical chairs game with far too few chairs. Recently two good friends, excellent contributors and employees, were caught when the music stopped. One had a great network and found another job immediately. The second was not properly networked and is still struggling to start his own business.

 

As a good employee, as secure as I can be working for a big company, how can I provide myself a safety net? (One that I would prefer not to be forced to use.) LinkedIn seems like the best social networking tool out there. How can I use LinkedIn to be that safety net? What’s the best way to sell my reputation when I’m not yet in a position to be bought?

 

The effect of a good network to help you in a job search cannot be underestimated.  There is a hidden job market that you don’t find on monster or other sites.  These positions are filled by word of mouth referrals.  There are times when what you know is important.  Times when who you know is important.  And often it’s a combination of who and what you know that makes the difference.

 

 

 

Gus also poses some questions that I would like to address from a LinkedIn perspective.

 

  1. How can I provide myself a safety net?
    In today’s business climate the only true way to avoid being laid off is to be self-employed.  If you work for someone, there is a degree of uncertainty regardless of your qualifications or value you provide your company.  Your safety net is the ability to land on your feet and find a replacement job as soon as possible.  LinkedIn can be a substantial part of that safety net. LinkedIn helps you build a large network of people who can provide access to hidden jobs and introductions into posted positions.  How valuable is it that you can see a open position at a company and also see how you are connected to the hiring person or to someone who works at the company?    

    You can even request a recommendation to be sent to the hiring person along with your resume.  So the answer to your first question is to build a large network utilizing LinkedIn and face to face networking.

  2. LinkedIn seems like the best social networking tool out there. How can I use LinkedIn to be that safety net?
    There are many different social networks available, but if I had to choose one it would be LinkedIn.  LinkedIn has kept the focus on business relationships.  I’ve networked in my local chamber for the past two years and I know a lot of people and what they do.  I don’t know their favorite movies or bands and I don’t care. LinkedIn helps you add an extra layer of connectivity to your current relationships and to build relationships where none exists.  People like to help other people; they just need to know how they can help you.    

    The more people you know the more likely you are to find the help you need.  Use LinkedIn to create a network of resources before you need the resource.  You may not know how LinkedIn will benefit you in the future, but if you build your network, you will be ahead of the game when you figure out how it can benefit you.
     

     

  3. What’s the best way to sell my reputation when I’m not yet in a position to be bought?
    To sell anything it must have value to someone who is willing to exchange something for it.  In the case of a job search you are selling yourself and the buyer is paying for it in terms of salary.  Whether or not you realize it you are in a position to be bought, the only question is how tentative that position is.  You have knowledge and skills you have developed that are valuable to a company.  So the question becomes “How can you enhance your marketability and exposure?”.    

    There are several ways to do so on LinkedIn.  I took a look at your profile and here are some suggestions: 

     

  • Expand your profile.  You have a somewhat naked profile.  You currently list some previous employment positions but you need to add some details.  These details use keywords that will help you appear in more search results.You should also personalize your summary.  Don’t just reiterate your qualifications.  Make it a personal statement that says who you are, how you help people and how they can help you.  Add in your hobbies and interests.  They are another way to increase the searches you appear in.
     
  • You need to try to build some recommendations…received and given.  Many jobs on LinkedIn request that person’s applying have a minimum number of recommendations.  You should strive to have at least 10 recommendations.  You can request these from your current contacts.  Often providing recommendations is a great way to generate reciprocal recommendations.  Don’t give a recommendation to simply receive one, but it is a positive byproduct of giving referrals.   
  •  Ask and Answer Questions.  I can see that you have answered two questions and that is a start.  Take it up a notch.  Try to answer at least one question a week.  This is where you can build additional credibility.  Answer any question, but those related to your specific field are of most importance.  Provide well thought out answers with details to make your point.  Remember to spell check your answer before posting.  Also try to post a question periodically to tap into the knowledge base of LinkedIn users.  Remember each question and answer provides a link back to your profile.  
  • Add more connections.  As your network grows your reach does as well.  This will help you see more people when you conduct searches, make it more likely you have someone in your network if you ever have to respond to a job post, allow more opportunities to give and receive recommendations. There are additional things you can do to build your brand but for  now this is a good start. Good Luck Guy.

A Question…An Answer…Knowledge Shared

Since I just wrote a post about LinkedIn Answers, I thought I would post part of a blog post I found for two reasons:

1.  It shows how someone used a LinkedIn question to gain valuable information;
2.  The answers is pretty relevant to finding relevance in connecting on LinkedIn.

The question was asked by Jill Konrath
Question: As a seller, how do you use LinkedIn to increase your sales?

Explanation: I’m writing an article for my Selling to Big Companies newsletter on this topic. I’d like to include specific examples to help my readers learn how they can leverage this tool. Since I’m a bit of a technophobe, my experience with Linked In is rather limited. If you can tell me how you’ve used LinkedIn to open doors, create opportunities and grow your business, I’d really appreciate it.

Social media guru Scott Allen, coauthor of The Virtual Handshake and managing director at Link to Your World, was the first to respond. Here are his invaluable suggestions:
_____

LinkedIn can be used to support the entire sales lifecycle: lead generation, sales acceleration and solution delivery. Let’s look at each of these pieces:

Lead Generation
Find and be found. Search by title and industry for the ideal contacts at your ideal customers. Search by title and company name for specific target customers. Be sure your profile is complete and contains the appropriate keywords for your business so that people looking for your solution will find you. Endorsements/recommendations count for a lot – get them from people who have actually been your clients if at all possible.

Sales Acceleration
Search for people in your prospect’s company who are not closely involved in your deal – preferably 2nd degree contacts, not 3rd degree. Ask for an informational interview. This is where strong, trusted relationships count for a lot – “light linking” breaks down here.

Ask your interview subject about the priorities that are going on at the company — what are the high-level factors that might be influencing the buying process. Be completely open/transparent. If you have a good solution and a really good referral to a true “friend of a friend”, you will very likely find an internal champion in that person. This is the #1 technique that LinkedIn supports better than any other tool.

Solution Delivery
Quite often, especially for small businesses, you can’t do it all yourself. LinkedIn is invaluable for finding partners with particular skill sets who can help you deliver the total solution. In addition to searching, you can post questions asking about the solution area you need expertise in and use that as a way to attract potential partners.

Read the complete post