LinkedIn for the 1%: Yay or Nay?

With the popularity of social media in networking, it’s no surprise that users are increasingly establishing professional connections through sites like LinkedIn and even Facebook. While these sites can be incredibly useful for exploring potential job or partnership opportunities, there are many high-level executives who have a LinkedIn profile typically only updated by their staff – rendering it useless in terms of trying to network with the actual CEOs or CFOs. Now, a new site called Relationship Science is looking to make it easy to connect with the 1%, all for a small fee of $3K .

The upcoming launch of this site, described in this New York Times article, will enable users to enter a CEO’s name and see what kind of primary, secondary, or tertiary connections they already have to said CEO from the users’ own contacts. The search results will show how people are connected (“friend”, “friend of a friend”, etc) and will also judge the strength of the connection, from “strong” to “weak”. Relationship Science won’t post phone numbers or emails of its users, because as RS founder Neal Goldman points out, “This isn’t about spamming people.”

While this may seem like a great service, is it really worth it? Yes and no. For some, Relationship Science can show them connections to bigwigs they never knew existed. These contacts could be the key to being able to get a meeting or interview with the higher-ups, leading to career advancement. Unlike sites like LinkedIn where people need to create their own profile in order to interact on the site, Relationship Science uses the Internet, not the user, to gather information. This means you can still find connections with a company president without he or she having to put their own contacts on the website first.

On the other hand, not everyone needs to engage in this level of networking, and the price tag might not be worth it for most people in the workforce. Another good point is that even though you discover new connections, there’s no guarantee that anyone will respond to you.

What’s the bottom line? While Relationship Science may be worth it for a specific group of people, more often than not, real networking occurs in the real world. Attend networking events, actively update your LinkedIn profile and get to know your colleagues. In short, Always Be Networking! Refresh Your Step’s Networking Skills services can help you maximize opportunities to establish professional connections and career possibilities!

 

– Emma Ambler, Marketing & Communications Intern