Galt Global Review

QFS 360

 
October 25, 2006

Social Networking: The Virtual way


by Faye Mallett


MySpace, Facebook, Friendster, Craigslist, LinkedIn, Nerve, Meetup, Tickle and SecondLife.com – ask any of your twenty to thirty-something co-workers or cohorts, and chances are they’ll know exactly what you’re talking about. More likely still, they probably keep a profile (or two) of their own on one of these social networking websites, and are connected to a regular “virtual” life outside of the workplace – a life complete with spending time with their friends, gossiping, arguing, shopping and dating, among other pursuits.

As 24-year-old writer Theodora Stites explains in a recent article in The New Yorker:

My life goes like this: Every morning, before I brush my teeth, I sign in to my Instant Messenger to let everyone know I’m awake. I check for new e-mail, messages or views, bulletins, invitations, friend requests, comments on my blog or mentions of me or my blog on my friends’ blogs.

Given Stite’s explanation, it sounds like a sub-culture of people just getting together to informally share their hobbies and make friends through the internet, yet those unfamiliar with these new social networking practices should not underestimate their power to fundamentally change the way we communicate.Whether we’re all in accordance with this movement or not, it’s happening. Millions of people are developing relationships in ways that they never have before - personal relationships and business relationships.

The potential market for business networking in this realm is enormous. The Internet makes it possible for individuals or organizations to become involved in communities where they can easily search for other people according to their personal filters, such as industry, geography, or personal interests. On LinkedIn, for example, you can specify whether or not you’re willing to accept contact regarding deal proposals, and you can limit your searches only to people that are. As writer’s David Teten and Scott Allen, of FastCompany.com, comment: “It’s the yellow pages on steroids. You can be highly focused in a way that’s impossible in person.”

Participants in these social networking sites are also able tap into a “built-in” online audience whose connections place them in touch with their connections' connections (and so on until it begins to resemble the six degrees of separation theory!). Stites explains this pyramid effect perfectly: “I click through the profiles of my friends to the profiles of their friends (and their friends of friends, and so on), always aware of the little bar at the top of each profile indicating my multiple connections.”

The power of this exchange has no direct parallel in face-to-face interaction. Considering how networking is primarily driven by the relationships we form, these social networking websites are revealing as to how and why we incorporate as much technology in our lives as we do. We want to be informed, engaged and connected to the world, and we want to meet people. Generating revenue and creating new business opportunities is just an inevitable offshoot of these desires.

Already, we hear of stories in the media of young, techno-savvy people using technology to “jump-start” their incredible careers. Consider 17-year old Alex Favin, who placed his short films on MySpace and is now working out a deal with a cell phone carrier looking to use them in mini-broadcasts that will be available on cell phones across South America and possibly the United States as well.

“The possibilities are endless,” Favin said in an interview with The Philadelphia Weekly, “Before, you had to have the entrepreneurial spirit to go out and hustle and sell your stuff, make it happen to make ends meet…Now, in the comfort of your own home, you can put your stuff out there for a world of people to see.”

Starting with the media, this generation is re-distributing the balance of power. What worked for somebody like Favin was that he was able to both create and connect with a community already out there. Websites like MySpace are not just static posting communities, where one enters a profile, a picture and provides links to any work that they may have published or created, but thriving, living, (and for all intents and purposes) real spaces that encourage dialogue, discussion, controversy and intimate human interactions.