Warning: Social Networking can Cause Money Glitches!

As you may know money glitches are hidden treasures that provide a lot of money in many of the X-box, Forza 2, and Oblivion games. However, the recent near financial crash left many of us feeling negative money glitches when life-savings and jobs started disappearing rapidly within a short span of time. Everyone knows the common terminology of “money”as being some type of currency and a “glitch” is usually thought of as a hiccup of electrical energy occurring within computers.

Given these concepts I decided to take a look at how the actions of people within social networking environments can create positive and or negative money glitches for themselves as well as others. One might ask,“Exactly what is a money glitch in a social media experience?” Money glitches within the social media can be defined as those hidden treasures of thoughts or interactions that will transform into the positive outcomes of true networking for business transactions or social relationships.

Many networkers get so caught up in the numbers (increasing the size of their network) that they miss opportunities to build true business and or personal relationships. Numerous others are so busy selling their products or services that true transactions of business are often lost because potential customers are turned off by their me..me..me attitudes. And then there is the special group of “disregard the rules” networkers (spammers) that don’t want to interact with you they justwant your e-mail address in hopes that someone will make a purchase to make them rich.

Networkers within each of these groups miss the money glitches within the networking environment similar to how the players in the Shaun White Money Glitch game ski right by the spots that can reap those millions of dollars. If only the game players and the networkers would just slow down long enough to examine, develop, and nurture their surroundings.

I’m somewhat a newbie to networking via the Internet and social media platforms, however, I’ve been involved long enough to share some are as that will definitely render a positive and or negative money glitch. Here are some examples of personal experiences that have occurred via LinkedIn, FaceBook, and Twitter with networkers that rendered both positive and negative money glitches:

Products not delivered

SM#1 – A coach of those seeking employment and a speaker was looking to expand his network by having you to leave your e-mail address and int urn he promised to send you a copy of his most recent book on finding job opportunities.

SM #2 – A consultant wanted an e-mail address and she would in turn send an e-book on how to assure that your resume would be reviewed by hiring mangers along with an hour of free consultation. There were over 200people to sign-up for this offer.

Any products or services centered on the job market is what millions of Americans are seeking during this money glitch recession these should have been a positive experiences for all that signed up to get the book/e-book and consultation. This should have been a positive experience for Sm#1 and Sm#2 since they gathered numerous names and e-mails of potential clients. However, several months have passed and to my knowledge neither individual has ever fulfilled their promises of products and services, hence losing their money glitch opportunities (the clients).

Promises not kept but make a purchase anyway

SM#3 – A writer and coach promised the first 10 people that were interested in a blogging assignment with a top newspaper to contact her. After researching, I expressed my interest and requested that we continue networking via a connection.

SM #4 – Another writer and coach shared an article she had written on social networking that was very informative, helpful, with some great key pointers. I was so impressed that sent her a personal complimentary note and an invitation to connect because I did not want to risk losing contact with her.

Examples SM #3 & 4 are positive money glitches for me because I did not connect with individuals who are not true to their words. SM#3 responded to my e-mail offering her coaching service, however, she never replied to my request to personally connect nor did I hear from the newspaper. SM#4 did not accept my invitation to network together; however, she did send a message for me to go to her website and purchase an e-book.

Lost money glitches

Sadly, these individuals created negative money glitches for their businesses because they are developing reputations within the network for not being true to their words. Just like the social media is quick to expose and eliminate spammers from their networks, people are beginning to identify those that make promises but are not reliable. Because I did not get connected nor directly involved with individuals that were only in interested in themselves with only one motive of marketing their products and services, I feel that these were positive money glitches for me.

In order for positive money glitches to occur for both individuals involved in the connection there must be value given as well as received. Duke University recently publish a news article titled, "Social Networking Dos and Don'ts" that offers good networking advice. In addition, many social media groups are now offering, “Face to Face” networking opportunities to enhance one’s business as well as look for job opportunities. Dan Woog, a Monster Contributing Writer, offers a great commentary on avoiding “Thirteen Networking Mistakes.” Catharine P. Taylor offers interesting insight of what she thinks will be the fate of social media, in her article, "Eight Ways to Ruin Your Social-Media Strategy."

This Hub will offer more pointers that can assist individuals in creating positive money glitches within a social networking environment in the near future…