DIRECTORIES ~ ADVERTISE ~ ARTICLES ~ BIZ RESOURCES ~ E-MARKET ~ SHOWCASE ~ CAREER ~ CWBN FORUM ~ CONTACT ~ HOME
Canadian Women's Business Network
The authors of the articles on this site have generously allowed us to publish their work here for your convenience. The entire contents of the CWBN site are copyright under copyright laws. Users may download material for their own non-commercial use. The copying, redistribution, or publication of any part of this site is prohibited.
View Article Categories
Women in Business




BUSINESS IS ALL ABOUT RELATIONSHIPS

by Michael E. Angier
Success Networks International



I live in a small metropolitan area with only about 110,000 people. And it seems even smaller than that.

I've been doing business in this community for over 20 years. I've worked in non-profits, sales, publishing, printing, construction and now Internet publishing.

Very little of my business is now local. But I DO run into people often from previous business relationships. Like me, many of these people are in different businesses--often different careers altogether.

It struck me how much my present business relationships have to do with my previous ones. I've found it easy to recreate rapport and establish trust with folks I've had good dealings with before. When I know someone and have confidence in their word, doing business with them becomes easier.

I just had lunch with someone whom I've known and worked with since 1983. All of our dealings have not been positive. In fact he was hurt financially by some poor business decisions I made in the early 90s. Even so, our friendship weathered that storm because of the depth of the relationship.

I've not always been successful, but I strive to have an excellent relationship with everyone. It doesn't seem possible all the time, but it's worth striving for nonetheless.

Marketing gurus recommend that we should be mindful of the lifetime value of a customer--to look not only at the profit from an initial sale. It's good advice, but I would take it a step further Be mindful of the lifetime value of a RELATIONSHIP--not just a customer.

One of the key concepts we talked about at the recent World-Class Business Summit was the importance of relationships in business. I went so far as to say that business is really a network of communication against a background of relationships.

And it's not just relationships with customers-it's with suppliers, coworkers, stakeholders--even competitors.

As some of my recent encounters have pointed out, some relationships are completely reversed from what they used to be. Customers can now be employers. Competitors can now be customers. Coworkers may now be bosses.

Today, with the Internet, our business world becomes even smaller. We do business with people around the world, but it's really still a pretty small community. As I talk with other entrepreneurs online, we seem to know many of the same people. In a few years, we may each be doing something a bit different. And the relationships we have and build today will serve us in the future in direct proportion to the quality and integrity we create.

It's important that we cultivate and nurture our relationships. Being honest, playing win-win and treating people fairly isn't just a moral thing to do--it's good business--now, and in the future.

Copyright 2002 Michael Angier & Success Networks. Copyright 2002 Success Networks International. Part of Success Net's mission is to position you for success. Free subscriptions, eCourses, memberships, eBooks and SuccessMark Cards available at http//www.SuccessNet.org -- InfoPlease@SuccessNet.org

Copyright 2002 Michael Angier & Success Networks. Part of Success Net's mission is to position you for greater success. Free subscriptions, eCourses, memberships, eBooks and SuccessMark Cards available at http://www.SuccessNet.org/. Email to InfoPlease@SuccessNet.org



~ Business Directories ~ Promote Your Business ~ Articles ~ Businesses Resources ~ Business E-Market ~
~ Business Showcase ~ CWBN Forum ~ Career Centre ~ Contact Information ~ Home ~


The contents, images and code on this web page are Copyright © 1996-2008 by Threshold Internet Services. Use or distribution of copyright materials without the written authorization of Threshold Internet Services is prohibited. The contents of this site are subject to our Acceptable Use Policy. All other trademarks and servicemarks are the property of their respective owners.