Educational resources for helping you develop financial skills.
A Q&A about everyday situations and tips related to money.
Put People First
Money Talks feat. Tierra Whack
Season 2
Running a business, finding growth, and managing everyday tasks can mean keeping your head down and being as self-sufficient as possible. But carving a new path doesn’t always have to mean going it alone. Sometimes the next step requires making connections.
Here are some reasons why you should consider networking your side hustle or small business.
This content reflects the real-life experiences of individuals. Participants received compensation for sharing their stories. Venmo is not making any recommendations regarding finances. Consider seeking advice from your financial advisor.
Build relationships, find opportunities.
By getting to know your community, you’re making a list of contacts who can help you in a variety of situations—not just emergencies. Need to boost sales opportunities? A network can be a source for direct leads or tips on where to shop or promote. Figuring out how to reach a long-term goal? The right connection can also become a partner, helping to take your business to the next level.
An easy way to recognize others’ value and thank them for their work is to show they’re special. Venmo lets you add digital gift cards from top brands or animated gift-wraps to any payment.1
1Venmo account required. Eligibility requirements and terms apply.
Keep learning.
Industry knowledge, competitive insights, skills, even local news. Having a network can give you access to all kinds of information you otherwise wouldn’t have. This can help you continue to develop business and financial skills, or when it’s time to make a key decision. Getting advice from like-minded entrepreneurs who have been in your position may help you learn what does and doesn't work before investing time and money in your business.
It can sometimes feel like an educational crash course, but staying informed and ahead of what’s new can make all the difference in growing a business.
Build your reputation.
Being known as a trusted, consistent small business by your community and employees is marketing that money can’t buy. It can make you the top choice for customers and raise your status in the community. While it may not pay off right away, you might see how a local network shows appreciation over time by opening new opportunities and more.
Not sure how? There’s no one-size-fits-all plan for becoming well-known, but you can start by simply sharing your values and beliefs when discussing business ideas. You’ll also gain confidence and become closer to the people who can truly help you grow. You can even volunteer or find other ways to tie causes and the things you find important into your work.
Want to build a trusted reputation from the start? Practice by staying on top of recurring bills, services, and more. Venmo lets you schedule payments2 or requests right in the app so you can settle up on time and help avoid headaches. You set the schedule, and we’ll give you a reminder before it’s sent so you can stay focused on other priorities.
Try it outDiscover more Venmo tips and tricks
2Terms apply. Scheduled payments may be cancelled prior to 11:59 PM PT the day before the payment is scheduled.
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