FAQ's
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Many people have never heard of business networking organizations, let alone LeTip. Below are some commonly asked questions, that may help you decide if a business networking organization, like LeTip of Bergen County, is right for you.
What is Business Networking?
A business network is a type of business social network whose reason for existing is business networking activity. There are several prominent business networking organizations that create models of business networking activity that, when followed, allow the business person to build new business relationships and generate business opportunities at the same time.
Many business people contend business networking is a more cost-effective method of generating new business than advertising or public relations efforts. This is because business networking is a low-cost activity that involves more personal commitment than company money.
In the case of a formal business network, such as LeTip, members may agree to meet weekly or monthly with the purpose of exchanging business leads and referrals with fellow members. To complement this business activity, members often meet outside this circle, on their own time, and build their own one-to-one business relationship with the fellow member.
Business networking can be conducted in a local business community, or on a larger scale via the Internet. Business networking websites have grown over recent years due to the Internet's ability to connect business people from all over the world. Internet businesses often set up business leads for sale to bigger corporations and businesses looking for data sources for business.
What is LeTip International?
LeTip International is the world's largest, privately owned, professional business leads organization. Since 1978, LeTip programs have helped over 120,000 members, throughout the United States and Canada, build business success through personal referrals.
LeTip International's structure sets the standard in the word-of-mouth referral industry. Members are known for their professionalism, dedication, and loyalty to one another, and to the LeTip Program.
LeTip Chapters meet weekly to exchange qualified leads, build solid business relationships, develop strong presentation skills and become proficient networkers. Only one representative of any given profession is accepted into a chapter, and members are chosen for their occupational expertise.
LeTip International was founded by former owner and CEO, Kenneth Peterson. The organizaiton was formed on the west coast, in San Diego, CA. Current owner, Kim Marie Branch-Pettid, acquired the organization in 2008 and moved the company headquarters to Mesa, AZ.
What can I expect LeTip to do for me?
You can expect LeTip to provide the structure and the guidance of the LeTip program. You can expect your Regional Director or Ambassadors to train your chapter members in leadership and presentation skills. You can expect all the necessary materials to run a chapter to be provided without charge. You can expect annual training in the newest networking and chapter building techniques for your Board Members and Committee Chairs. You can expect your category to be protected. And you can expect our full time staff in our corporate office to assist you when necessary.
What does LeTip expect of me?
LeTip expects you to attend meetings because you can't build relationships if you aren't in attendance. LeTip expects you to pass, on average, one qualified referral every week. LeTip expects you to be ethical, professional and experienced in your line of work. LeTip expects you to help all your members to be successful and they are expected to do the same for you.
How soon will I see financial reward?
LeTip is not a get rich fast scheme. It takes time to earn the trust of your chapter members, to become adept in the networking arena, to learn to promote yourself and your business with ease. If you expect instant reward, LeTip is not for you. If you want to build long-standing business relationships that will earn you qualified referrals for years to come, then LeTip is for you.
What if my category is filled?
Since LeTip only accepts one representative of any profession, it is not unusual to find your category filled. There are two options: you can ask for a search in another chapter or you can spearhead the start of a new chapter. In either case, you can call LeTip International at 800-255-3847. We'll do all we can to help you find a chapter.