The business philosophy that I always follow
“No matter if you fail at your business, if you’ve been honest and respectful along the way you can always come back to the people who worked with you. A long time ago when someone said this to me it became the start of me thinking about my business philosophy. I strongly believe that if you take the time to write down a set of rules that you will always follow it can save you from a lot of mistakes.
Most times when you enter into a project, a friendship or any other type of commitment and it fails, you look back and say to yourself “I’ve had the feeling from the start that this wouldn’t work out”. This gut feeling, your intuition, you chose to ignore at the time. Often because you saw a pot of gold at the end of the rainbow or you couldn’t find a rational reason to justify your feeling. This has led to my number one rule in life and business; never ignore that gut feeling. It’s easier said than done because in today’s society we are taught to rationalize and make decisions based on facts not feelings. That’s why I think it’s good to have a list of rules you will never break because they force you to take the time and evaluate a commitment.
My second rule is based a lot upon my first. Most people judge their network based upon the number of people in it. I wrote earlier about how I try to build connections with everyone I have a conversation with. However I have a rule that throws people out of my network as quickly as they came in. I try to find people who have integrity and honesty, if they don’t, I don’t want to waste my time on them. It’s a drastic method and it often means you face difficult decisions.
One of the first meetings I had with an angel investor I left feeling uncomfortable about the person. It’s hard not to be tempted by the money but I chose to pass on any offer he would make me. When you sell a part of your company, no matter how small, you again engage in a commitment. I try to never make one with someone I don’t feel right about.
Over time more rules will definitely be added to my list and I will post about them. I would love to hear if you have any rules you chose to follow in life and/or business.
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About
I am blogging with my real name at the top of each page. This means that I stand behind what I say. As an individual I am looking to engage in a conversation with you, the reader. What I hope for the future of this blog is that the comments become more valuable then the text I initially wrote.
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Email: contact@nulleiso-kant.com
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