Regrann from @ahdora.speaks - Money is not the only medium in which you should transact. Relationships are important to build long term value. This is not to say that you should execute free gigs for everyone who contacts you "For the sake of relationship" or because "We are in the same industry and industry people support each other". Do some research and find out if the person making the request has Integrity. Some people have a reputation for asking for favors all the time, but giving nothing in return. Many times, the people who you should have relational transactions with, don't have to convince you. You should research enough to know if the engagement is worth it. It is also important that you are not biased with your judgement - make decisions as objectively as possible. .
Also, do not decide that the people worth building relationships with are the people in "High places". Keep in mind that several of your peers will transition in their various spheres of life, and it is worth building relationships with them at this stage. Personal example - my team executed a christmas project last year, and I had reached out to a few musicians to participate in the project. Luckily for me, the people I picked to be a part of this project, obliged without hesitation. They saw value, and also didn't mind doing the favor based on our relationship. Now, fast forward to the future ---- when I have opportunities that require music services, these people will be Top of Mind for me. This is the same for any talents I have worked with, who understand the power of relationship building. .
I don't believe that every relationship is valuable. However, measure the value and ensure that you are saying Yes to someone who has integrity. Don't just say Yes "for the sake of relationship." .
Finally, as a talent manager, DO NOT USE YOUR TALENT AS BAIT FOR PERSONAL GAIN. Alot of talent managers do this! It's inappropriate. Do not ask your talent to perform at all your friends events free or help you promote anything they are not interested in. While your talent may accept out of respect for you, allow them make the choice. If they say No, don't take it personal. Respect it. #Ahdo