Regionerate is about building connections of people and organizations to add value to local economies. We weave networks together across sectors and organizational boundaries. Networks for entrepreneurs and small businesses seldom happen by accident. It takes the efforts of many network weavers who know the basics of building smart networks.
I would like to share what we have learned about networks, especially how they are formed and nurtured. Networks are sets of people and their relationships and communication flows. There are many types of networks. For example, the proverbial “old boys network” is a small, closed network where information about opportunities for asset development flows among a limited group of high wealth individuals. At the other extreme, research has documented that low-income individuals also have very narrow networks.
Smart networks, on the other hand, enable individuals to access information and identify opportunities from a broad and diverse set of people. Individuals with such networks tend to be successful—they find jobs easily, get promotions, or operate successful growing businesses—and, at the same time, the networks they develop help create a healthier community and have broader impact.
Smart networks are open to new ideas and diverse viewpoints. The best idea can come from anyone. Information and innovation flow freely to all parts of the network, and resources are available to all as well. Smart networks are oriented towards opportunities not problems; in fact, people in smart networks tend to see problems, as an opportunity to create new technologies and ways of living.