Lessons I Learned After Running Business Basket for 10 Years with My Fellow Pioneers
Running a business networking community is never just about meetings, handshakes, or exchanging business cards.
Over the past 10 years, as a co-founder of Business Basket, I’ve learned firsthand that building a successful networking community in Singapore requires adaptability, empathy, and a constant focus on both business and personal growth.
Looking back, these lessons go far beyond business strategies—they touch human nature, leadership, and the power of connection.
1. People Change, Business Changes
One of the first lessons we learned is that both people and business landscapes evolve. Your reliable member today may have different priorities next year, and your business model may need a refresh to remain relevant. Accepting change as a constant has been essential for Business Basket’s sustainability.
2. Motivation Needs Rewards
Over time, members’ motivation can wane if there’s no visible benefit. Networking isn’t just about showing up; it’s about feeling rewarded. We learned to celebrate wins, share success stories, and offer tangible takeaways like referrals, workshops, or mentorship opportunities.
3. Emotional Support Matters
Business networking isn’t always fun. Entrepreneurs face stress, uncertainty, and setbacks. Our community thrived because we emphasized emotional support, creating a safe space to discuss failures, fears, and ambitions. Connection goes deeper than networking—it builds resilience.
4. Quality Over Quantity
Initially, we focused on growing numbers, but we realized meaningful connections matter more than the size of the group. Carefully curated events and intentional matchmaking produced stronger business outcomes and longer-lasting relationships.
5. Feedback is Gold
Ignoring feedback can be costly. Actively listening to members’ suggestions and criticisms has shaped how we run events, plan collaborations, and structure workshops. Feedback loops fuel evolution, and even small adjustments can prevent disengagement.
6. Diversity Drives Innovation
Networking is most valuable when members bring different experiences, industries, and perspectives. Over the years, we deliberately diversified our community to encourage fresh ideas, problem-solving, and unexpected collaborations.
7. Consistency Builds Trust
Relationships require regular interaction. Even when motivation dips or business slows, consistent communication, newsletters, and meetups maintain trust and visibility. Reliability is often more important than flashy events.
8. Technology Isn’t Optional
The digital age transformed networking. We incorporated tools for online events, member directories, and content sharing. Leveraging tech ensures accessibility and allows our members to stay engaged even beyond in-person events.
9. It Takes Many Hands to Clap
Building a community is a team effort, especially among pioneers. It’s not easy to get everyone to agree on one idea or approach, and conflicts are inevitable. What matters is respecting diverse opinions, finding common ground, and moving forward together. Without collaboration, even the best plans can stall.
10. Adapt Your Leadership Style
Leadership isn’t one-size-fits-all. Some members respond to guidance, others to inspiration, and some need accountability. Flexibility in leadership style has allowed us to nurture talent, cultivate initiative, and prevent burnout.
Takeaway
Running Business Basket for 10 over years taught me that networking is as much about human connection as business strategy. Whether it’s nurturing relationships, adapting to change, or rewarding engagement, the key is creating a community that grows alongside its members.
If you’re seeking not just business opportunities but a network that inspires personal and professional growth, Business Basket is your next exploration. Your next big idea—or your next mentor—might just be one conversation away.
Ready to expand your business horizons, meet like-minded, and gain emotional support while learning leadership and networking skills? Join Business Basket today and start connecting with Singapore’s most inspiring entrepreneurs.
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Irene K.
Founder & Community Builder | Business Basket
Helping entrepreneurs connect, grow, and thrive in Singapore
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