He tried to set up a meeting. I agreed to meet entrepreneur to entrepreneur, but that I had no interest in joining the team. He agreed. I am planning on taking the opportunity to learn more about him and offer him some of my freelance services that I feel could benefit his endeavors.
Would you take advantage of this opportunity to meet another business person or am I wasting his and my own time?
As the saying goes..."Your network determines your net worth."
Even if there is not a business relationship to be had from this meeting, you both will have a greater awareness of one another's businesses. This provides opportunities for referrals and the possibility of later joint ventures.
Aside from that, you are likely to benefit from the unique insights and experiences that are shared by this individual.
If the purpose of the meeting is clear to both of you, then have the meeting and build the relationship.
If there are false pretenses on either end, it will be a waste of time for both.
If he has the expectation that you are interested in a sales job and you blind side him with a pitch for freelance services, it will be a waste of time for both of you.
I would simply communicate ahead of time and make sure that he is open to learning about your services and knows that you have little or no interest in his sales position.
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If you go in trying to sell him on your freelance services, and he's trying to sell you on joining his sales team, then it will be a waste of time for each of you.
If you both go into the meeting to learn more about the other person and see how you can help each other (maybe by making introductions to other people you know) then it could be very valuable.
If you haven't done a lot of one-on-ones (i.e. sitting down for coffee with non-prospects) then I highly recommend this quick video that covers who's worth meeting for a one-on-one, where and when to set it up, and exactly what to say and ask while you're there. You can watch the video here: http://improvandy.com/elevator-pitch/effective-1-on-1s/
If you want to discuss further ways to expand your referral network, feel free to set up a call with me.