Typical Examples of a General Partnershipĭifference Between Mutual & Reciprocal. However, it is important for any entrepreneur who is considering joining BNI to remember that every chapter is unique, and some chapters have a stronger presence, a greater commitment to business growth or simply a better fit for her business referral needs than others.
By participating in BNI meetings and referring her contacts to other members, she can grow her own business through the referrals she receives. The opportunity to develop personal relationships with other local business membersīNI operates on the principle of “what goes around, comes around.” Using this framework to understand BNI's purpose, a member can expect to gain as much value from her membership as she puts into it.Regular referrals from other BNI members.Weekly learning opportunities at chapter meetings.Access to BNI Connect, BNI’s members-only app.Although BNI is comprised of individual city-specific and region-specific chapters, many groups regularly host and attend mixers that give their members the opportunity to connect with members of other BNI chapters.īNI membership grants business leaders benefits like:
Joining BNI gives an entrepreneur access to an international network of business professionals. However, if there is already a personal injury lawyer in a BNI chapter, a real estate lawyer may be permitted to join because they would not be competing for referrals. This means that within one BNI chapter, a plumber who applies may be denied membership if there is already a plumber in the group because having two plumbers in the group can make it difficult for both of them to receive referrals and pursue leads. In most BNI groups, members are limited according to their industries and specializations. Each chapter has some freedom to interpret the BNI rules as it sees fit but must generally comply with BNI’s official guidelines.īNI is open to entrepreneurs and business leaders from all industries. Additionally, BNI officially prohibits members from being absent more than three times within a three-month period.īecause BNI chapters are individually operated, some chapters are more strict about enforcing BNI’s official rules than others. In some chapters, the membership fee is higher in order to cover room rental costs and food expenses. In the United States, BNI membership costs $500 per year. Becoming part of an international network of business professionals like BNI can be expensive and time consuming for an entrepreneur.
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