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Post Info TOPIC: Where does all the money go that the BNI make?..............


Master Book-keeper

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RE: Where does all the money go that the BNI make?..............
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yawn



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 Joanne 

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You should check out answers with reference to the legal position



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That whole line about six absences allowed sounds so like the members are subservient to the group. I think that will appeal to those who have an employee type mentality but I'm sure that most of us here grew out of that long ago.

Networking is a service to it's members. It should never be perceived the other way around. There are many good networking groups out there and also many good websites such as this one where people help each other.

For anyone interested in joining netwroking groups try this site : www.meetup.com/

Many accountants in practice use it to find groups as a common requirement is that you should be a member of twenty groups that nobody else in the practice is a member of. Always remember that you are as likely to find work or new business opportunities being a member of a sailing club as one dedicated purely to business networking.





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Shaun

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Master Book-keeper

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I take it I havent used the 2015 get out of jail card free yet then?!


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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position



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lol. far from it Joanne. You seem to have amassed a lifetimes supply of them. It was Dave whose Get out of jail free cards seemed to have a 24 hour timeframe, lol.

BNI seems to be one of those groups that people attach themselves to with Evangellical fervor. But I have seen no evidence to suggest that those who are part of a group are any more or any less likely to find additional work as those who are members of any other group.

I am sure that they have some very good chapters but talking to local accountants what seems to happen is that all they do is send along a trainee to the meetings just in order to ensure that no other accountancy practice can network via the group. The trainee will be fully qualified and not told that the reality of why they are networking. And to give BNI their due it does help trainee's to come out of their shell talking to business owners (just the same as if they were a member of any other networking group).

How I read it though is that there is no expectation of making profit for the firm but rather the excercise is about stopping other firms having access to the group so really a blocking excercise.

The key to this is that the site neither approves or condones BNI. They should be viewed equally to absolutely any other group without bias. Where they fail in my view is the whole idea of getting your wrist slapped for not attending a few gatherings unless you have a note from your mom to say why you were not there.



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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



Master Book-keeper

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Oh I really must try harder. lol. Might do if the poster comes back on, as some of the information provided is downright challengeable and quite a lot of it is flipping well missing (over the top on parts and then just glossed over in others). If only I had the time right now, except there is no point playing on one's own!

Poor Dave seems to have burnt all his cards and done one (although he did warn us first due to his change in career). I do hope he is ok. Ive not heard from him for a while!

Loving your toe the party line 'the site neither approves or condones BNI'. That is why you are the Mod man! lol

But no, sorry I dont view them equally! Having experienced their guff (without leaving a hole in my pocket), I can safely say Im biased - against them. More in favour of much better groups who provide just as good as not better opportunities and big fat wonga returns if you use them correctly, without the fat fees and ridiculous rules and cult yes men!

Just to add to your final line - its not just getting your wrist slapped for not attending - its explusion! Plus the list of infractions that can get you black balled doesnt stop there! Not producing the right number of 'referrals', nor inviting guests on their guest visit days can get you thrown out are just such examples.



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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position



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Maybe we should start our own cult... sorry... Networking group Joanne. Lol, if only there were more hours in the day!

Yep. must drop Dave a line soon. Been a few months since we last spoke. Begining to wonder if he's takenn to heart our long chat about life in Thailand and he's now sat on the beach there.

I try to be fair to everyone and find the silver linings (even with cloud offerings which is really, really, really difficult!). But from some of the reasons for expulsion I can see that having two possible effects. Strong minded individuals knocking it on the head regardless as to whether or not they are expulsed because people should not be treated that way. Or alternatively those who are not given the push getting a sense of pride from such which binds them closer to the organisation and then perpetuating theat treatment.

I would be in the first category as I (very much like yourself) have real difficulty with anyone thinking that they can tell me what to do or how to do it.











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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



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God this is one of my old threads that was put to bed a long time ago!

Well Said Joanne!

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Amanda



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I totally get the logic behind BNI, it just isn't for me. The forced attendance and expectation of referrals really put me off.

Accountants and bookkeepers do seem to do very well out of it though. It is generally an easy referral for the other members as most of their business contacts will need one.

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Wow a thread I started has got onto 2 pages!

HI Phil,
Yes I totally get it but like you it's not for me.

A Client of mine who should have done really well at it, didn't get one referral in a year and they went every week, took along referrals etc, it was so one sided after a year they left. And I was surprised as this client should have done really well. They are great speakers (its part of their job), and it was a big chapter, so just goes to show it doesn't always work and it was a huge cost!

I'm glad I don't belong to one to be honest.

I have got more than enough work without having to go to a networking group. Word and mouth!


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Amanda

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