Your Network Is Your Pipeline
The Matthew Effect and the compounding power of relationships in consulting.
September 16, 2025
Here's a dirty secret about consulting: your brilliant frameworks mean nothing without relationships. Your network isn't just as important as your pipeline. Your network defines your pipeline.
Sure, you need consulting expertise. It's table stakes. But your certifications and elegant 2x2 matrices are not winning work by themselves. You need people to take your calls. In fact, studies show that for over half of consultants, 60% of their business comes via network referral.
As entrepreneur Ben Casnocha puts it:
"Every opportunity is attached to a person. Opportunities do not float like clouds in the sky. They're attached to people. If you're looking for an opportunity - including one that has a financial payoff - you're really looking for a person."
This brutal truth manifests in what sociologists call the Matthew Effect, a concept Robert K. Merton borrowed from the Gospel of Matthew: "For to every one who has will more be given, and he will have abundance." (Yes, even sociologists occasionally find wisdom in ancient texts.)
Put simply, early advantages multiply. The rich get richer, and in consulting, the well-connected get even better connected.
That's why so many boutique consultancies practically give away their services to land their first Fortune 500 client. They're not after a nice check, but something far more valuable: credibility. That logo on their website is a signal that screams "We're safe to hire!”
These firms are after the prestige effect. They believe success with one respected client dramatically lowers friction in acquiring the next. While that’s not always true (and there are many reasons to be skeptical of the size of the impact and whether it justifies discounting), launching a consulting practice with a weak network of relationships will make everything harder. And landing the right logos does reshape how potential clients perceive your value.
The real goal is less about having a recognizable name on your website, and more about escaping the gravity of low-value networks where opportunities stagnate. Each "yes" from a respected client doesn't close a deal, but rewires how the segment perceives your value. Logos don’t buy you credibility - they buy you access to better networks.
The Compounding Power of Network Density
So let's talk about how networks make fortunes. In graph theory (stay with me here), a node's value comes from its connections, not its existence. For consultants, this means every new relationship is a multiplier, not an add-on. It's not just the person you know - it's everyone they know, and everyone those people know. This multiplier effect is what makes relationship density so powerful in consulting.
This is where high-density networks get interesting. When your relationships are interconnected, magic happens. One introduction spawns three opportunities. A casual mention of your name in a boardroom leads to an unexpected email. The deeper you embed yourself in these networks, the more "lucky breaks" seem to fall in your lap.
Also, here’s something they rarely teach you in a business school: C-suite leaders travel in packs. They collect board seats like merit badges. They populate industry councils. They huddle in invitation-only roundtables. Get one solid executive relationship, and suddenly you've got a key to dozens of corner offices.
Smart consultancies understand this dynamic deeply, and these are the few we see going from zero to sixty overnight: they're not just winning clients, they're infiltrating networks. Land a seat on one board, and watch what happens. Soon you're getting invitations for private roundtables left and right. Each circle overlaps with three more, and the whole thing just naturally accelerates.
That’s why certain firms always seem to be "in the room where it happens". It's not luck, and it's definitely not cold calls. It's relationship density at work. When you're connected to enough decision-makers across overlapping networks, you become an opportunity magnet. The trick isn't reaching out more. It's being in the right rooms to begin with.
Few ever reach it, but ideally you want your network to hit a critical mass when serendipity becomes predictable. Your name gets dropped in boardrooms you didn't know existed. A CEO mentions you to another CEO over coffee. That brilliant point you made six months ago resurfaces during a strategy offsite.
This is the Matthew Effect in its purest form: your network starts working harder than you do. Each new relationship is a force multiplier that ripples through an entire ecosystem of connections. The rich really do get richer, but in this case, "rich" means "well-connected."
Kickstarting Your Matthew Effect
You don't sit around waiting for the Matthew Effect to kick in - you try to proactively engineer it. It’s helpful to think of every early win as a bridgehead, not a destination. That pilot sprint with a mid-market client is not about money. It's about the doors it can open, the introductions it can spark, the testimonials that can transform your credibility.
The most powerful accelerant in this journey is what network theorists call "bridge relationships." These are the weak ties, the rare birds who connect multiple worlds and catapult you from one network to another without the usual grunt work. This echoes sociologist Mark Granovetter’s famous “strength of weak ties” finding: most new opportunities come not from your closest contacts, but from acquaintances who span different networks. Bridge relationships are your backstage passes to the executive suite - like that regional VP you know who joined an industry council, or that soon-to-be-retired consultancy partner who worked with and know the entire local market.
Land one of these relationships and nurture it properly, and you've just found your golden goose. Of course, you can't wait until you need these relationships to start building them. You need to spot these potential bridges early and make yourself so valuable they can't wait to introduce you to their other circles.
If you want to manufacture your own Matthew Effect, these three things will probably be the 80/20 of it:
- Pick Your Anchor Clients Like a Chess Player: Not all dollars are equal. Sometimes a smaller engagement with the right logo is worth more than a massive project with the wrong one. Think three moves ahead.
- Double Down on Bridge Relationships: Map your network and find the connectors. Invest in those relationships like they're Amazon stock in 1997. Build real connections that transcend the immediate work.
- Play Network Tetris: Create value by connecting your contacts to each other. Host those intimate dinners where deals get done. Make the introductions everyone wishes they'd thought of first.
Building Your Network Engine: From Theory to Practice
Everyone talks about networking, but when deadlines loom and clients are breathing down your neck, relationship building is usually the first casualty. That's why you need a system - something you can run even when you're neck-deep in deliverables. Here's how to build one that works, in 5 (not so easy) steps:
First, x-ray your network. Put your network under the microscope and get surgical about understanding what you've really got:
- Where are your relationship clusters so dense they're like gravitational fields?
- Which connections are hanging by lonely threads?
- Who are your bridge-builders that span different worlds?
- Where are the gaps that, if filled, could unlock whole new territories?
What you want here is to find pressure points where a little focused effort can crack open whole new worlds.
Second, engineer "lucky" encounters. Serendipity can be manufactured, and the lucky breaks are built in labs like this:
- Host intimate dinners where the real deals happen.
- Write the kind of thought pieces that make CEOs forward to their boards.
- Don't just attend the invite-only events, be the person on stage.
- Create spaces where your contacts can't help but build valuable connections.
Each of these moves increases the surface area for serendipitous connections.
Third, weaponize your tech stack. Look, tools alone won't build your network. But the right tech can turn you into a relationship-building cyborg:
- Deploy a CRM focused on relationship triggers, not just sales pipeline.
- Transform LinkedIn from a resume graveyard into your personal radar system.
- Use AI to map and navigate your network's hidden pathways.
- Automate the routine, but keep the human touch where it counts (pro tip: nobody ever built trust through an auto-DM).
Fourth, build a relationship management system. Start simple and scale gradually - many consultancies fail by adding too much complexity too fast:
- Segment your relationships like a portfolio manager
- Design different engagement strategies for each tier
- Develop scalable touchpoints through content and events
- Build systems to spot opportunities (like job changes and promotions)
Last but not least, play the long game. Your network won’t show results in 90 days. I think it’s better to see it as your retirement plan:
- Block relationship time in your calendar like it's board meetings.
- Stop counting connections and start measuring conversations that matter.
- Watch the leading indicators (deep interactions) more than the trailing ones (deals closed).
- Accept that some bets won't pay off - you're building a relationship portfolio, not making day trades
Relationship building is a key part of your job as consultancy founder or partner. That time you spend deliberately growing and nurturing your network will probably outperform your billable hours in the long run. By a lot.
Transforming Yourself
The real endgame isn't about having more LinkedIn connections or bigger projects. It's about evolving from someone who executes work into someone who shapes how organizations think. That pilot project might get you through the door, but only deep relationships keep you in the room where decisions happen.
That transformation from "capable vendor" to "trusted orchestrator" is built through countless small moments of earned trust: the candid feedback no one else would give, the tough conversation that challenged the client’s view, the hands-on attitude of owning change and going an extra mile to deliver it.
While others chase the next deal, the smartest boutique consultancies are creating relationship engines that consistently surface opportunities. Each meaningful connection strengthen the rest of your network. Each one becomes a lens that reshapes how the market sees you.
So here's the real question: How are you networking? Are you neglecting your contacts, or trading time for the attention of whoever asks you for it? Or are you building the relationships that will compound into something bigger?
Your network is waiting. Get building.