Turning ideas into profit: 5 networking tips to help you grow your startup

Mastering the skill of networking is key for all budding entrepreneurs. Here, Selebogo Molefe and Phakiso Tsotetsi, who run Lifesgud Global Investments, an event services company in South Africa that addresses the need for networking within the startup community, share their best tips with CNN'sAfrican Start-Up. 

Presenting your ideas

"Know your value proposition and always keep your pitch short -- let it be catchy and to the point." Phakiso Tsotetsi

Communicating with others

"Try to not look at the title of the person you are talking to -- it calms the nerves. However, always remember their name." Phakiso Tsotetsi

Time is money

"Always arrive early; you'll get the opportunity to have meaningful discussions and people will remember you before they meet 100 others." Phakiso Tsotetsi

Connect and engage

"Don't start with, "so, what do you do?' Get to know the other person by engaging them in a real conversation -- don't sell, be real." Selebogo Molefe

Build trust

"Send a follow-up email once you get a person's business card -- since most people don't do it, you will stand out." Selebogo Molefe

source:cnn