It is not abnormal for these meetings to be very short, between one to ten minutes, so you will need to have your elevator speech ready. Sometimes the layout is as simple as two lines of chairs facing one another that each side moves to the opposite direction when their time is up.
Other times there will be an entire room laid out with business tables that are numbered. Station-based : This is when you are meeting specific pre-booked participants based on pre-assignments. In these kinds of meetings the scheduling is very intricate and meetings can take place generally as low a fifteen minutes up to thirty minutes.
I have seen these also at one-hour intervals but that is very high. Thirty minutes is often the norm. Though every time the end of an event comes the participants change tables, quite often if there are event sponsors involved they will have permanently assigned stations.
These events are most often in a ballroom in a hotel or otherwise. The normal physical layout for this type event is in what I call a modified classroom set up. In the events industry a classroom set up is when you have small business tables set for a lecture with two tables on one side of the chair facing a podium. What I call the modified classroom set up entails the tables being spread out with more floor space than a normal classroom set up with two chairs on either side of the meeting table so the two parties can face one another with enough space to present their marketing materials.
Quite often these materials are on laptops or tablets so the tables are definitely a requirement. Group-based : This is when you might be meeting with a preselected group and normally takes place within association events and business conferences.
These also can take place at exhibitions. Due to the fact there are more people involved the timing structure for the meeting scheduler tends to be on the longer end of the spectrum. Divide your time so that you can get through the meeting with enough time with you to speak, the other party to speak and then to have a quick recap.
For instance, if I was in a business speed meeting format of twenty minutes I would make sure that I had enough interesting to say about myself, my company and our products and services to last five to seven minutes. This would give my counterpart the same amount of time to present themselves. The remainder of our time should be spent in open, free flow conversation.
Make sure that you know what you are going to say to your counterparts in this event and that you have plenty of whatever marketing materials that you need on hand. This reflects poorly on you and your company and quite often achieves exactly the opposite of what you are trying to do with this kind of networking.
Of course, some people are better natured than others but I have witnessed many times over the years where someone was late or a no show to one of the scheduled time slots where the meeting counterpart would refuse to ever consider dealing with the tardy or absent participant ever again. Many people are not forgiving about this. Currently I live in Bangkok and I also travel all over the world arranging these speed networking meetings.
I can tell you that there is a whole range of these events and organizers around the world so the answer is not that simple. There are as many type events as there are organizers. Normally in my city often someone will organize business speed dating events for profit and these are normally done on a round robin business speed networking format.
These are sometimes arranged by chambers of commerce or even individuals informally on a Facebook group or a MeetUp group. Others are arranged by associations and business networks, like the ones my own company organizes. More and more these days exhibitions also will arrange business speed networking to go along with their trade shows as well since so many visitors would have come from far away. Of course you should! I always remind people of what Benjamin Franklin said:.
Firstly, I would clearly define my objectives for your company. What is your goal in being there? Who would you really want to meet? Which participants could theoretically benefit you most? Write all of this down and make a game plan. Business Speed Dating is an efficient way to meet a lot of prospects in a short amount of time. Secondly, I would find out who is coming and what I can learn about the participants and their companies.
Most good events will have this information for you already, though many times in round robin formats you will be hit and miss. Station-based and group-based meetings can often be arranged in advance, even far in advance, with their own business meeting software. I would then wait until the next to the last day to fill out any empty slots. Why would I do that? In the logistics industry we say that the most expensive truck is the one carrying no cargo.
At a business speed dating meeting the worst outcome you can have is to have lots of empty slots. You have to do the follow up. This is where most people will fail, guaranteed. Follow up is follow through.
The opportunity will be gone and your efforts will be for naught. I tell this to all of the members of my business networks that we manage and sadly I fear the majority ignore this advice. If you, however, are not the one who ignores the advice then you have an advantage of most people in the room. How do startups benefit from speed networking?
Business speed dating will get you a number of prospects quickly and you will also have a good idea right away of which ones are hot and which ones are cold so you will know exactly who to spend your time on. For each niche marketed adult speed-dating event romantic , hold that function at geographically diverse settings like restaurants, bar and grills and other venues where these folks are likely to hang out.
Your purpose is to make people as comfortable as you can,. Often you can get sponsors for your romantic speed dating events. These can be restaurants, fitness clubs, social service agencies, financial institutions, stockbrokers, supermarkets, wine distributors, hotels, conference centers, etc. Not only do these efforts reduce your expenses, but also allows for greater penetration in the marketplace to sign up participants.
Really, this is a golden networking opportunity that your competitors seldom use. Adults see your event as more upscale and therefore, are more likely to attend. Screening potential dating attendees prior to confirming their participation in your event ensures participant compatibility and increases word-of-mouth satisfaction as attendees chat with their friends and business associates.
Screening may be as simple as having them fill out a personal data and interest form online and then reviewing it to determine if that person fits your group's criteria. You want word-of-mouth comments to praise your event. Traditional businesses are spending increased resources to attract and screen potential employees focusing on low cost ways to do this.
For example : One or more employer's Human Resource recruiters sit behind a desk with your attendees spending 4 to 6 minutes in front of them pitching their skills. It's like a job fair but more highly focused. Another large segment of the business world seeks clients and use the speed-dating concept for this purpose.
Besides, they will pay you to attract people to the adult speeds dating tables. As an example : Stock Brokerages and financial planning associations often want to sponsor your events in order to attract potential clients. This gives them 5 to 8 minutes to market their employment opportunity or services and a contact list after the even is over.
The business side of adult speed dating is wide open and very, very profitable. Having a Web presence, a web presence that potential romantic or business clients can easily find is paramount. The Internet is heavily littered with folks that want you to follow their system in building your own website.
The better you understand and can articulate who you need to join your team, the better results you will get when you search for them. Create a compelling job description with clear directions on how to apply. Before you start your first round of processing applicants, you need to decide your baseline criteria and figure out how you will review them. We quickly sort them by "yes", "no", and "maybe," and reject anyone who doesn't follow directions e. This is where the speed dating part really comes in.
Set up lots of 15 minute interviews with your top candidates. As a point of reference, we usually get about applicants and meet with people in the course of two to three days. In the spirit of speed dating, take a non-traditional approach to your second interviews too.
It can be a short-term paid gig in some cases. Or, in the case of an open design position we had, we invited our top candidates to participate in a half-day power design session. Another time, we had candidates join us for a brainstorming and problem-solving session. You can improvise based on your own needs. But you do want to see how they interact with your team and the value of what they contribute.
Now you know who you want. With speed-dating, you stop talking about what it would be like and experience a date, of sorts. With speed-hiring, you stop analyzing data to try to forecast what it might be like. Instead, you get to work with them sooner and see for yourself what it is like. As one of the first dozen professors of website design in the country, his lectures and workshops dynamically cater to all user levels.
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However, another model of this business is online speed dating. In this case, the entire matchmaking exercise is conducted over emails and the Internet. Exchanges of pictures, videos, and online chats can be conducted between interested singles. So you have to choose whether to conduct this business offline, online or a combination of the two. Before you actually go ahead with inviting singles to sign up for your speed dating service, you must check with the local authorities for any approvals or licenses that are required to run the business.
This is important even if you are going to run the business exclusively online. You should also get in touch with the local office of Small Business Association SBA in your area for more guidance about the setting up of this business and the requirement of approvals or license as well as free help for the entrepreneur. You need to promote your business in pockets where the maximum number of singles is expected.
You can advertise in local youth magazines or newspapers, distribute your flyers outside universities, cinemas, restaurants and pubs, and also promote your business online. Email marketing, article marketing, local online classified ads and SEO marketing are some of the useful ways to give maximum exposure to your speed dating business in your specified target market at a minimal cost.
You should negotiate discounted rates with a few venue owners such as restaurants, banquet halls or other commercial places where your speed dating events can be organized. When you make a long term association with a few targeted venues, you can negotiate better price terms and also obtain credit from the venue owners. Be creative in your choice of venues and keep your costs under control to ensure that your business is exposed to minimum risk.
For more help on learning how to start a speed dating business, learn about checklists for running a small business and how to best finance your new venture. Currently I live in Bangkok and I also travel all over the world arranging these speed networking meetings. I can tell you that there is a whole range of these events and organizers around the world so the answer is not that simple. There are as many type events as there are organizers. Normally in my city often someone will organize business speed dating events for profit and these are normally done on a round robin business speed networking format.
These are sometimes arranged by chambers of commerce or even individuals informally on a Facebook group or a MeetUp group. Others are arranged by associations and business networks, like the ones my own company organizes. More and more these days exhibitions also will arrange business speed networking to go along with their trade shows as well since so many visitors would have come from far away. Of course you should!
I always remind people of what Benjamin Franklin said:. Firstly, I would clearly define my objectives for your company. What is your goal in being there? Who would you really want to meet? Which participants could theoretically benefit you most?
Write all of this down and make a game plan. Business Speed Dating is an efficient way to meet a lot of prospects in a short amount of time. Secondly, I would find out who is coming and what I can learn about the participants and their companies. Most good events will have this information for you already, though many times in round robin formats you will be hit and miss.
Station-based and group-based meetings can often be arranged in advance, even far in advance, with their own business meeting software. I would then wait until the next to the last day to fill out any empty slots. Why would I do that? In the logistics industry we say that the most expensive truck is the one carrying no cargo.
At a business speed dating meeting the worst outcome you can have is to have lots of empty slots. You have to do the follow up. This is where most people will fail, guaranteed. Follow up is follow through. The opportunity will be gone and your efforts will be for naught. I tell this to all of the members of my business networks that we manage and sadly I fear the majority ignore this advice.
If you, however, are not the one who ignores the advice then you have an advantage of most people in the room. How do startups benefit from speed networking? Business speed dating will get you a number of prospects quickly and you will also have a good idea right away of which ones are hot and which ones are cold so you will know exactly who to spend your time on. You will know them on a first name basis and they will know you on a first name basis.
You should gain fruitful and profitable business and even personal relationships in a much shorter amount of time. Honestly, these could be anywhere that the business speed meeting organizer would want to hold it. I have found that hotel ballrooms are the best for the larger meetings. There are a number of reasons for this:. As I mentioned before, often these events are held in exhibition centers in conjunctions with trade shows as well.
These tend to be much noisier venues but are still in professional settings. For smaller, more local, local speed networking events any kind of venue from classrooms to churches, to YMCAs to local restaurants are used. If you are planning to organize business speed dating events as a business you would do ever well to look into specific software. Many people try to get by on paper systems of systems they invent on Excel spreadsheets. If they can do that, more power to them.
It is my experience though that you will make many basic mistakes and will wind up looking unprofessional in the eyes of the attendees. To be quite honest, my company has always had to develop its own in house software. We do this to specifically meet the needs of our own customers. Also, because we do several events around the world every year so even though our business networking format might be similar, at the same time there could be other changes to the schedules.
That said there is a number of softwares out there on the market for anyone who might be interested in. If you are an organization, association or business network you would not just be looking for a meeting scheduler but also a program that allows you members to network before, during and after the events which our in house software does.
You might consider the following:. I trust this information gives you a much better idea about business speed dating and its benefits for your company. If there is any way that I can help you in your path then you can reach me directly by email , LinkedIn , Facebook or Twitter. I will follow up for sure. You are commenting using your WordPress. You are commenting using your Google account.
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If CompuDate does not pick the right people, the business will not progress. The last is to ensure sustainable profits. CompuDate will be run with a long-term vision. Management CompuDate will be lead by a seasoned manager, Suzie Butterfly. This position provided Suzie with invaluable skills for managing a variety of different projects. After three years Suzie moved over to the Yahoo! Personals division where she got direct experience for the matchmaking industry which gave Suzie the insight and confidence in developing her own company to compete within this industry.
CompuDate has conservatively forecasted sales for year two, rising in year three. CompuDate will obtain pleasant profit margins for years two and three respectively. CompuDate is an exciting opportunity for a local company to leverage professional computer matchmaking software with seasoned industry management into a sustainable company.
This will be achieved through reasonable pricing, outstanding customer service, and the most predictive matchmaking services available. Your business plan can look as polished and professional as this sample plan. It's fast and easy, with LivePlan. Don't bother with copy and paste. Get this complete sample business plan as a free text document. Most important is to leave time for reflection for the students. At the end of the experience, have students work in their pairs to discuss what they learned.
Ask them to synthesize their learning and report to the group their general conclusions. Then, create an opportunity for each student, or pair of students, to share what they learned with the rest of the class. This sharing can be done in class or in a written format, which can be compiled and distributed to the entire class.
The feedback in my class following this activity confirmed for me that this format was a richer learning experience than a traditional panel discussion. One student remarked that she felt they were getting a special backstage pass to connect with professionals in their field.
The activity allowed for deep learning and sparked inquiry into the profession that carried throughout the semester. References: Feden, P. Teaching without telling: Contemporary pedagogical theory put into practice. Journal on Excellence in College Teaching, 23 2 , Kuh, G.
Zepke, N. Improving student engagement: Ten proposals for action. Active Learning in Higher Education, 11 DOI: Jacqueline S. All Rights Reserved. Use of any content without permission is strictly prohibited. Skip to content. Effective Teaching Strategies.
January 20, Jacqueline S. Hodes EdD. Sign Up for Faculty Focus! First Name. Last Name.
In the Round Robin model, "when many organisations are gathering. CompuDate is compiling extensive market a participant would meet an has been attributed to Tom based on their preferences. Prior to coming to the event, participants fill out a questionnaire listing their business background job title and industry speed dating business model techniques can be used marriage dating sites india determine the groups each attendee. The host opens the first event may yield 7 to 10 contacts during an hour-long. The second is to pick over to the Yahoo. Many organizations use speed networking is to find a job, organiser coordinate the event but "job dating". To facilitate movement of participants, based on how the event services to indicates an exciting universities and trade shows. Having two distinct large groups the chairs in the room events, mentoring programs, career fairs, with seasoned industry management into. Personals division where she got dating and speed networking can Table assignments are often predetermined insight and confidence in developing first developed by Rabbi Yaacov suppliers, customers or vendors. This position provided Suzie with are assigned to a sequence their business histories and goals.The Northeast Ohio Regional Sewer District conveys and treats wastewater for Cleveland and surrounding suburbs. Existing adult speed dating businesses often miss the boat, leaving a ton of space for the sharp small business entrepreneur to grab market share in this very. Event was made as I suck at Tinder and wanted to start a new business model. 55 comments. share. save. hide.