Building connections and relationships with others is a crucial part of doing business. Ever heard the term your network = your net worth? That’s because the people you surround yourself with bring value to your life and business.
For some, networking can be a very intimidating task. If you aren’t sure where to start, check out these scripts!
4 short networking scripts:
You don’t know me, but our mutual associate [name] recommended that I contact you.
I am trying to [specific ultimate goal] and they said of everyone they know, you would be the very best to talk to.
Is there a time I can sit down with you for 15 minutes to discuss this?
Who do you know that you would want to talk to if you were in my position?
In this workshop, RevRoad Strategist, Seth Robinson, guides us through the networking process and how to do it best. Watch the full networking workshop here.
Download your “Networking Scripts Cheat Sheet” sheet here.
Being a solopreneur means you’re solely responsible for every element and task involved with owning a new business. Not sure where to look for the best startup tech help? Checking the following items off of your list can give your new small business the boost it needs to succeed.
OREM, Utah — Savology, a digital financial wellness platform helping American households improve their financial outcomes by providing accessible financial planning, publishes a comprehensive state of household personal finances report.
Savology examined anonymized data from approximately 40,000 financial plans created across all 50 states and Washington D.C. in 2020 to create a holistic report that covers all personal finance areas including savings, income, debt, spending, insurance, estate planning, risk management, and retirement outlook.
“Our goal was to measure and understand the complete spectrum of personal finances”, says Savology founder and CEO, Spencer Barclay. “The information in this report can help us identify the gaps and needs of American households so that we [and others] can more effectively address the problems at hand.”
While the average reported savings rates were higher than anticipated at 13.8%, retirement still remains out of reach for the majority of households with 72% not on track to meet their retirement goals. This means that only 1 in every 4 households (28%) are on track to reach their goals.
Additional key findings, among many others, include the following:
While households are saving a noticeably higher amount than previous years, the average savings rate deficit is still 9.1%.
Only 36.7% of households have all of the recommended types of insurance needed to mitigate risk based on their specific familial needs.
Households with dependents are not adequately covered by life insurance. Nearly 50% do not have any, and many of those that do have a significant gap.
Estate planning is one area of financial planning that seems to be significantly neglected, with only 23% having at least a basic will and 2.4% having a complete estate plan.
The average retirement shortfall is more than 10 years, meaning that Americans will either have to delay retirement or adjust their target lifestyle and retirement goals.
While these numbers do show cause for concern, Savology believes through accessible and effective financial planning, households will be able to better understand financial situations and make meaningful improvements.
“As someone who has repeatedly witnessed the impact of not having access to proper financial planning and overall literacy, I can say with confidence that we’re helping households improve their overall well-being and quality of life,” says Savology’s Director of Marketing, Kristian Borghesan. “Having now seen the numbers and the data, we know all too well that we have our work cut out for us to better the financial lives of millions.”
For media inquiries, please contact Bri Ray, Communications Specialist, at 801-472-2124 or firstname.lastname@example.org.
Savology is a venture-backed startup that is on a mission to improve the financial well-being of millions of American households by making financial planning more accessible, actionable, and effective than ever before. In just 5 minutes, users can build a personalized financial plan, holistic report card, and personalized action items. In addition to their consumer-facing product, Savology works closely with employers to offer employees financial planning and wellness benefits. Savology, based in the Silicon Slopes of Utah, was founded by serial entrepreneur Spencer Barclay in early 2019.
Basically, an NDA is a way to keep your “secret” information secret—whether you’re dealing with friends or not.
You will want an NDA when you are presenting, sharing, showing, receiving, or allowing outsiders to access your confidential information.
In other words, Non-Disclosure Agreements (NDAs) are legal agreements that protect sensitive information that contribute to projects, ideas, or products of the company and keep that information out of the hands of competitors.
I hope your holidays were special and filled with the blessings of love, family, and service. 2020 was a year to remember for many reasons. Thanks to each of you for your great work, service, and care for our mission. I am so grateful to each one of you.
Another RevRoad portfolio company defies the odds by successfully raising funds, launching a new product, and realizing 3X growth — amid the COVID pandemic.
Provo, UT— Utah-based motorsports tech company, RaceReady, has stayed innovative and found continued success amid an international pandemic and economic downturn.
RaceReady set out to raise 850K but raised more than anticipated and initially oversubscribed the raise at an impressive $920K. Excitingly, the raise continued to surpass expectations totaling at a final amount of $1.1M. RaceReady is expecting to onboard 33 new clients into their racing software system over the course of the next 6 months.
“We’ve had record breaking numbers at our race events. One RaceReady client has grown 38% from 633 average class sign ups to just over 876 (per race). RaceReady is oversubscribing the round to help with equipment purchasing needs and to service the onslaught of onboarding requests from promoters that start racing this winter.”
Greg Call, Founder of RaceReady
RaceReady is uniquely positioned to solve the data challenges of race promoters, racers, and sponsors in the motorsports industry.
“I’m so excited to see what this additional raise can do to accelerate the growth of the company. RaceReady saw their revenues evaporate as regional races were canceled in the beginning stages of the pandemic. They showed enough grit to convince the state to allow them to hold racing events during COVID gives me great confidence in what they are doing. In fact, the races were approved only because of RaceReady’s technology. Promoters were able to uphold social distancing standards because of the product RaceReady has created. The future is bright going forward.”
Ryan Bacher, RaceReady investor
Raising enough capital to bridge funding gaps, RaceReady has also found opportunities to accelerate completion on key features of its platform, utilize marketing and onboarding tools, and pivot the sales approach to focus on race promoters. RaceReady is already seeing impressive increases in revenues because of this, and anticipates a bright future.
About RaceReady Based in Utah, RaceReady is run by power couple Greg and Lisa Call. The two have been involved with their sons in motocross racing for decades. They saw the need to help the world of amateur off-road racing through technology. For promoters, events are difficult to administer and score. Riders wish they had lap times, fast results, and better methods to show off their results. Racing sponsors everywhere wish there were better ways to identify rising talent and metrics within the sport. RaceReady addresses all these problems with a cloud-based event management platform complete with integrated live timing, event management and no upfront cost for promoters. RaceReady is the only single platform where promoters, racers, and sponsors get all of their data needs met in the world of off-road motorsports. Learn more at iraceready.com.
There weren’t any accident insurance options for dirt bike racers…until now. Utah-based motorsport tech company, RaceReady, recently partnered with Spot Insurance to provide motocross racers with injury insurance exclusively on the RaceReady platform.