The Law of Networking - What is the Economic Value of Your Network!The law of networking is one of the most important laws to understand when it comes to business and making money. Simply put, the more people you have in your network, the more money you will make. In business, the economic power of a business is the square of the number in the network. describes what your economic value of your network is. This economic power enables your business to grow exponentially based on this squaring factor. As you begin building your networking business, it will start slow because you are serving very few people, you are leveraging all of your money back into your business model, and thus it appears that you aren't making any money. As you gain knowledge (learning how your business is run, learning how to leverage, and learning how to better serve people) your network won't grow very quickly. But as you fine tune your business system and process, your network begins to grow.
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