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A study of successful entrepreneurs is really a study of successful
people.
Actually, it's a study of successful relationships. The world is built
on good and bad relationships. Good relationships are worth
striving for because you can usually
get something you want from
them. The other person in the relationship wins,
too.
Trades and deals leave both parties feeling happy.
That's what you're
aiming for.
Bad relationships don't do *quite* as well for both parties.
Usually just
one. But still, bad blood makes the world go round.
War is a multi-trillion
dollar business globally. So even when
someone is having seven shades of
you-know-what leathered
out of them, someone, somewhere, is getting rich.
What a lovely species we are!
Relationships - good and bad - can be lucrative. But I don't suggest
you try
to make a business, career or fortune out of being a
war-mongering tyrant. Or
servicing the war-mongering tyrant
market in some way. Yes, there's money in
it. But you need to be
able to look your kids in the eye, right?
Anyway, the point I'm labouring to make is this. If you want to
make big
money outside of your job... you want to do something
on your own... and you
want it to last more than a couple of months
... you need more than just an
idea and customers.
Good relationships - this is what I want to spend some time
yakking about
today.
A-Holes don't make big money anymore The Donald Trump, 'type-A' autocratic entrepreneur is an
anachronism. A
dinosaur. And a rarity in 2015. I've worked for a
couple of these types of
men. (They are usually, but not exclusively,
male.) They were most
unpleasant. To boot, they were unpopular,
egotistic and not very smart.
They had high staff turnover because they believed the best way to motivate an employee was to chew them out aggressively in front of colleagues. This was a management style popular in the 70s and 80s - a time where
the labour
market wasn't as transient and mobile as it is now.
These days, you can walk straight out of a 10am bollocking in the
boardroom;
jump on LinkedIn or Seek, and have a job offer appear
in your inbox by
lunchtime.
We used to fear this type of boss. Now we despise and pity them.
It's not
good leadership. It's weak leadership.
In any case, I don't think it's particularly smart to be a jackass in
business in this day and age. Especially not as a start-up. I believe
that
how you conduct and manage key relationships is the single
biggest
influencing factor in your success.
I call it the biggest influencer because it's the most controllable
part of
what you do. You could have the best product on the market.
But if you treat
your suppliers, partners, employees - or even
customers - like dirt, no one
is going to want to help you succeed.
On the flip side, even if your product or service isn't market leading;
if
you conduct yourself well - if you're friendly, amiable, cheerful
and ready
to help - you'll draw customers to you. You'll create a
good impression and a
great experience. That will guarantee you
referrals and repeat business...
the very way you'll stay operational.
You can control all of this. Remember, people do business with PEOPLE - not corporations.
If you only take
one thing out of today's eletter, make it that.
We're all time poor. Dealing
with difficult, spiky, inflexible types is
a bloody drag. It's hard work. And
particularly galling when you're
spending money in the bargain.
But when you do business with someone who's pleasant, helpful and attentive, you feel good. And relieved. This person has solved a
problem for you. And
dealing with them was easy. It reflects well
on you that you chose them. That
itself makes you more likely to
choose them again in the future.
You and I know that researching solutions to problems is a time
consuming
pain in the ass - even in the internet age. I want that
burden lifted from my
shoulders, quickly. I don't want to have to
do more work that takes even more
time - especially once I've
picked someone to do the job for me.
I want to know that you are 'on it'. If you can communicate that
effectively
- lift that burden off my shoulders - you'll get my
business now, and in the
future.
You can learn these four simple success skills in an
afternoon
It doesn't take a lot of work and effort on your part to develop these
qualities - and give yourself more chance of succeeding.
You should honestly see this as the biggest no brainer of them all.
I'll be surprised if you don't.
Your goal should be to make it a pleasure to do business with you.
That's
it.
We are hardwired to make decisions that will cause us the least
hassle. Being
a difficult, unpleasant character will stop you getting
business. Why would
you hamper your own efforts?
Here are four obvious skills to learn, develop and master that will
definitely help you make more money and
last longer in business.
Because doing business with you will become a
pleasure.
Be nice.
Simple,
right? They used to tell me 'nice guys finish last'.
Maybe in the 80s. Nowadays
I wouldn't risk my business on
cultivating a difficult personality. Social
media will destroy your
commercial aspirations inside of an afternoon if
you're rude,
obstinate or miserable. Try being nice, helpful and attentive to
the
people who will pay you their money. You'll get more of it.
Share.
Share
your ideas with people. Your staff. Your customers.
Even your competitors.
Sounds counterintuitive, right? But you all
benefit from a strong industry.
Compete on price and service by
all means - but becoming an 'industry
champion' will pay dividends
by way of added credibility. Credibility is so
important in
relationship building. It's the number one factor that
influences
trust. Trust is all about being open. So share!
Listen.
I
used to be the guy who always knew best. How embarrassing.
I thought I knew
more than everyone else - and that my experience
was worth more. These days I
know way better. I listen - to friends, colleagues, mentors, my family;
anyone and everyone who wants to contribute. I don't presume to know better
than anyone. Because I
don't. My business is all the better for it. Remember:
one idea can
change everything. Not all the ideas have to come from you.
Discovering this is humbling.
Be humble.
Past glories are only relevant to your efforts to build
credibility.
Beyond that you just look insecure when you bang on about that
great deal you made in '05... or the incredible sales campaign that
launched
six months ago. Those are gone. The only thing that matters is your next
deal. You have to work hard to be humble (take it from me).
But it's so
important. Thank your team. Acknowledge their
contribution. Same with
suppliers. Thank your customers for
their business. Let them know how much it
means to you to do a
good job for them. Humility is such an open emotion.
Humble
entrepreneurs only communicate a willingness to do a good job.
There's
no ego or conceit. It's one of the most attractive qualities
you can display
to your customers, co-workers and suppliers.
Being humble will definitely get
you more business and more money.
That's your takeaway: make it a pleasure to do business with
you.
If you do, you'll fare better than your competitors, make more
money than
your competitors, and last longer than your competitors.
By Simon Munton
Note: This
article was first published in The Escapologist, Australia on 22/10/2015.
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Wednesday, November 4, 2015
PERSONAL SPECIAL ............... 4 Skills Required For Success
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