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Working on mine, how are yours?

Discussion in 'General Entrepreneur Discussion' started by Allthingznew, Sep 5, 2007.

  1. Allthingznew

    Allthingznew Contributor

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    Aug 26, 2007
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    I’m noticing a common idea running loosely through many threads, and one word sums up not only in terms of how to run in the fast lane, but what makes the destination worth the drive. The word is relationships.

    Where does money come from? Money comes from people. You provide a good or service and people give you money. The most and best relationships you can establish in the process of getting people to give you money, the more they’re willing to give and do it more often. They will also tell their friend to give you money.

    Net statement:

    while building your business, always strive to cultivate as many quality
    relationships as possible.

    Some ways you can cultivate these relationships include but are not limited to:

    Under promise and over deliver
    Offer quality goods or services
    Give value
    If you work directly with people, treat them like family and friends
    Catch your employees doing things right
    Implement customer feedback
    Compliment (sincerely)
    Expect the best of people
    Give your best
    Expect those who run your business for you to subscribe to these tenants

    You can come up with many more ways to cultivate relationships in your business, whether it’s brick and mortar or online. There are many great minds here.

    And most importantly, how satisfying would life be with all the money to live and do what you want, and no one to do it with? So remember to also cultivate those relationships you want to maintain once you’ve “arrivedâ€.

    I not just talking about your spouse or significant other and other immediate family. Not every one here even has these. I’m talking about people in addition to family and close friends that you enjoy. I know it should go without saying that these relationships are the most important, but they can also be the first ones compromised when some get caught up in chasing the dollar.

    Enjoy the drive!

    :3some: :cheers: :banana::banana: :love2:
    andviv and Diane Kennedy like this.
  2. Yankees338

    Yankees338 Bronze Contributor

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    Jul 24, 2007
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    I very much agree with your thoughts. Relationship building is key in any business.

    I especially like this one. My dad has his own practice as a doctor (chiropractor and acupuncturist). When I work in his office, I notice the way he interacts with his patients. He's on a first-name basis with just about all of them and attempts to genuinely take interest in whatever they have to say. He checks up on their current happenings and what-not. While it may not be the most professional way to go about his business, I do believe it goes a long way in keeping his patients for the long run. It makes the environment there seem much more comfortable and makes everybody's lives much more enjoyable.
  3. nomadjanet

    nomadjanet Contributor

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    Aug 28, 2007
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    And most importantly, how satisfying would life be with all the money to live and do what you want, and no one to do it with? So remember to also cultivate those relationships you want to maintain once you’ve “arrivedâ€.

    I think this is something most of us neglect. That is something else we gained when we joined a best practices group, we met some of our best friends. These are people are in the same line of business we are in, but they are from different states or countries. We have so much in common with them yet we don't feel like we they are competetors. We have organized vacations with some of the goup & went to visit them at their homes, and hosted them at our home. Not to say this is the only way to develop relationships but it has been a substantial benefit for us.

  4. Diane Kennedy

    Diane Kennedy Bronze Contributor

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    Aug 31, 2007
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    I love this thread!

    Here are the values that we have for our companies. We put it in our contracts with employees and independent contractors and they sign saying that they will follow these values as well.

    • Tell the truth so it is helpful and empowering.
    • Deliver more than you promise.
    • Positively impact others.
    • Inspire customer confidence.
    • Look for better, smarter and faster ways.
    • Simplify.
    • Say “please and thank youâ€. Be polite.
    • Make only agreements you intend to keep.
    • Do not seek acknowledgement or sympathy.
    • Admit and correct mistakes quickly
    • Don’t ignore problems.
    • When problems arise, first look to the system, then go directly to the source and look for solutions.
    • Honor, validate and support the DKA/TaxLoopholes brand, vision, mission, values and team.
    • Hold each other innocent until all facts are in.
    • Take responsibility for completing your own communication.
    • Commit to on-going personal growth and financial education.

    Rep +
    Last edited: Sep 5, 2007
  5. FT1

    FT1 New Contributor

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    Aug 15, 2007
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    Excellent info, Diane. :eusa_clap:
  6. andviv

    andviv Gold Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

    Likes Received:
    Jul 27, 2007
    Washington DC
    Rep Bank:
    Great post. though the title did not really mean anything to me, the information here is great. Rep++

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