I've already written about "schmoozing" in my post Some Lessons On Schmoozing.
Schmoozing is a term that is commonly used in the US, and today I want to bring to your attention a recent article How to Schmooze Your Way to Business Success published by BNET, a popular US business portal.
As the article states, many still underestimate good schmoozing, and the big role it plays in building and cementing business relationships. The best schmoozing is done when you don't only meet people who can be helpful to you, but also simply help others connect to like-minded people. Even if you won't benefit directly from this kind of "business matchmaking", you'll build a good reputation as a resourceful person.
What's important about good schmoozing is that it's a great tool to create a powerful network. As the BNET article rightly states, the power of your network is not in the numbers of your Twitter followers or Facebook fans. It's in the strength of your relationships with maybe 5 or 10 people with whom you have built good business relationships and whom you can trust.
Being myself a very schmoozy person (hence the name SCHMOOZY FOX), I've made the art of schmoozing a key characteristic of how I do business. When working on branding projects for clients, I can tap into my valuable network and put together ad hoc teams of top-notch industry experts, business economists, design gurus and web guys -- all able to contribute to building your Funky Brand.