Business Partnership Advisor
Together, we can fix your business and partnership problems
Chris Reich, Business Luminary
Beat Stress and Depression By Doing This Simple Thing
Is the news, confinement, money problems, fear of the unknown making you depressed? Do this!
Say “Thank You!”
There are a lot of people that I appreciate. Each day I write 1-3 Thank You cards and put them in the out-going mail. I send them to people I think of and for no particular reason other than wanting them to know they matter. Today, I sent one to my dog’s vet. They sent me some meds I needed even though that’s not something they normally do.
Send one to your local super market. They are working hard to keep our food on the table at some personal risk.
Send one to the post office. It can be any post office. They deal with all kinds of people and work in less than state-of-the-art facilities. They handle mail and packages without question. The government doesn’t think the Postal Service deserves extra funding despite losing $2 billion a week. That can’t set their own rates. You don’t even need names. Just say thanks!
Neighbors? Sure! Clients? Vendors? Yes. Prospects?! Sure! I even sent one to a guy who sent me spam about making me a new website for $200. I looked up his site, found the address and sent a card. Why not? It amused me to do it.
And that’s the moral to the story. Do something random and you’ll feel the benefit. Your spirits will lift. Cost? Under $2. Isn’t that worth it to feel better yourself while doing something for other people? I can’t say there will be economic benefit. Don’t do this and think you’ll impress that prospective client so much that they’ll throw a million bucks in your lap. I wouldn’t want a million bucks in my lap anyway.
Drop me a note and let me know how it goes. Feel better. Things will get better and we’re going to make it. You’re going to make it.
I’m a standard Image Caption.
“Do something random and you’ll feel the benefit. Your spirits will lift. Cost? Under $2. Isn’t that worth it to feel better yourself while doing something for other people?”
When business partnerships go bad, very often someone wants out. That starts one of two possible processes. The business enters Wind Down and begins the process of closing or the partners start discussing a Buyout.
When the business partnership breaks down, the darker sides of the personalities come through. A dominant partner turns into a bully. A person who does not do well with conflict will withdraw. As the bully gets more aggressive, the pacifist withdraws further. Eventually, the bully gets so angry they are ready to lock the other partner out. The pacifist quits coming in. The next blowout is over money. The course is as logically predictable as what will happen to your car if you hit the highway with no oil in the engine. It will get louder and louder until the engine seizes.
I recommend that partners talk through a specific issue and then draft an agreement (called a resolution) that sets a policy. You can keep this in a binder to serve as amendments (or foundation) to your Partnership Agreement. In this post I’ll explain how to talk about things that bug you with your partner and how to draft a binding resolution to fix the problems.