It´s All About Relationships That Work
A new article on Entrepreneur.com is about another part of the Startup Survival 101: Relationships.
The article starts with …
Most entrepreneurs, and members of any small team for that matter, naively assume that the key to their success is hard work, dedication and long hours at the business. In reality, their effectiveness is usually more related to how well they develop their work relationships with peers and business leaders.
… and deals with different stages of relationships. They talk about workships, friendships and foes.
The articles points out how important different types of relationships are and that each one has positive and negatives aspects. Some are and some are not right for different business situations.
They separate various relationship stages into Acquaintanceships, Workships, Friendships, Romantic and Foes.
Their definitions of each stage is worth reading because it´s important for entrepreneurs to know how to handle different relationships.
The quality of relationships with customers, investors, partners, and suppliers can easily be their sustainable competitive advantage or their death knell.
The quality of relationships with customers, investors, partners, and suppliers can easily be their sustainable competitive advantage or their death knell. [...]a business model won´t succeed without successful relationships. That´s why investors say they invest in people, not ideas.