If you’re someone who loves making business deals and is always looking for ways to network your way into a stronger business profile, you may want to consider how adding golf to your repertoire could help make this more possible in your professional life.
For many people in business, deals and relationships are built on the golf course. However, there’s a lot more that goes into this than just meeting up at a golf course for a few rounds. Rather, if you’re trying to use golfing to help you out professionally, you’ve got to make sure that you go about this in the right way.
To help you see how this can be done, here are three tips for making business deals on the golf course.
This Is About Relationship Building
While you might be tempted to just use your time on the golf course to work on your own game, if you’re going golfing for business purposes, it’s vital that you remember that the whole reason you’re there is to build a relationship with someone.
Business conversations can happen in any professional setting. However, these conversations are more often very formal and don’t allow for a lot of personality and relationship building. So if you’re going to be using golf as part of your strategy to build your business and grow your wealth, consider how being on the golf course allows you to focus more on building relationships than being in a boardroom might. Then, you can keep this in mind throughout the entire day.
Take Your Time Getting To The Business Talk
Although you might be anxious to speak about whatever business proposition or deal you’re wanting to discuss, when you’re golfing together with an associate, it’s best to take your time before getting down to the business talk.
Even for financial professionals like Lance Belline, it can be hard to deal with all of the nitty gritty details of a business deal when you’re trying to play golf at the same time. So rather than trying to use your time golfing to hammer out details for your business ideas, try to just sprinkle in some plans and ideas as you play together.
Be Careful When Putting Money On The Game
For many people, putting some money down on their golf game is just part of the fun. But when you’re trying to build business relationships with someone that you’re not close with yet, betting money on the outcome of your golf game could be tricky.
If you’re trying to endear yourself to someone, taking money for them may not be the best idea. However, refusing to bet on the game if the other party wants to could also be difficult. So while it’s hard to know what to do as a hard and fast rule, it’s best to feel out the situation each time to make a decision about putting money on the game.
If you’re wanting to try adding golf to your professional life to help you make and close some business deals, consider using the tips mentioned above to help you learn how to best do this.