How To Master Emotional Intelligence Chapter 13 – Top 10 Reasons Why Business Relationships Are Important

How To Master Emotional Intelligence Chapter 13 – Top 10 Reasons Why Business Relationships Are Important

How To Master Emotional Intelligence Chapter 13 - Top 10 Reasons Why Business Relationships Are Important

Top 10 Reasons Why Business Relationships Matter. One of the things successful entrepreneurs are very good at is building positive business relationships with their employees, business partners, suppliers, customers, and anyone else who contributes directly or indirectly to the continuation of their business. Even companies with great products and services have failed because they failed to build positive relationships with those who matter: the world is made up of people, not just products and consumers. And those people want to connect with other people – people they want to work with and trust for the long term. Regardless of what type of business you are in, you need to build and maintain business relationships. And here are 10 reasons why this is more than necessary:

1. Business relationships improve your communication skills
2. Business relationships promote friendship
3. Business relationships give you a personal sense of accomplishment
4. Business relationships lead to repeat business
5. Business relationships help in brand building
6. Business relationships help promote your business
7. Business relationships improve teamwork
8. Business relationships provide customer satisfaction
9. Business relationships help keep your business going – even in tough times
10. Business relationships build even more relationships

Part 1 – Business relationships improve your communication skills. By building business relationships, you will communicate and interact frequently with your customers, employees, suppliers and business partners. This frequent communication will undoubtedly sharpen your communication skills and increase your confidence in dealing with others. When you are confident in communication, you can build even more relationships without hesitation.

Part 2. Business Relationships Foster Friendships. Business relationships can develop into long-term – or even lifelong – friendships. And it goes without saying that a friendship with someone is more than just an employee, a customer or a business partner. A friendship includes trust, fun and much more. If you build business relationships, you will have more friends, and you will get more value from them, just as they will from you.

Part 3. Business Relationships Give You a Personal Sense of Fulfillment. Business is not just about profit. The joy of profit is usually short-lived if that profit is not sustained. But the joy and fulfillment that come with positive relationships last longer. And the more fulfilled you are, the more motivated you will be to forge even more relationships.

Part 4. Business Relationships Lead to Repeat Business. Acquiring one-time customers who come once and never come back will not help your business grow in the long run. To drive a business to commercial success, you need to build a large base of loyal, repeat customers. The business world today is trending toward the subscription model, with the ultimate goal being to build and maintain long-term relationships with customers.

Part 5. Business Relationships Help Branding. The long-term success of your business depends largely on its reputation. If you are friendly, courteous and attentive to your customers, employees and business partners, you will build a good reputation for your business. And people will see you and your company as trustworthy and experienced. When this is the case, it leads to more orders from existing customers.

Part 6. Business Relationships Help Promote Your Business. Word of mouth marketing is one of the most effective marketing methods. When you build good relationships with your customers, employees and other people you deal with, they become your marketing helpers. And do not forget that a customer reached by word of mouth is a sold customer. Such customers have no doubts about your business because they have come to know your business through people who know and are satisfied with your business.

Part 7. Business Relationships Improve Teamwork. A healthy relationship between you and your employees, and between your employees and each other, is essential to the success of your business. By treating them with respect and recognizing their successes (no matter how small), you increase their productivity, their commitment to their work, and their contribution to the growth of your business.

Part 8. Business Relationships Lead to Customer Satisfaction. In business, you cannot always get everything right. There will be times when you will disappoint your customer or they will misunderstand you. In such cases, it is important to fix the problems that have arisen. Most customers can easily put problems behind them and return to a good relationship with you if you treat them with respect and listen to them. Even if customers are upset with your business, you need to continue to build a positive relationship with them. You and your employees need to understand that.

Part 9. Business relationships keep your business going – even in tough times. When the economy is down, people – including your customers – get short on cash. But if you have built a solid relationship with them in time, they’ll continue to do business with you, no matter how little. That’s because the little business that is done in such times is done among friends.

Part 10. Business Relationships Build Even More Relationships. When you build positive relationships with your customers, suppliers, employees and business partners, you enjoy the benefits described earlier. And since you will undoubtedly want more of these benefits, you will be motivated to build even more relationships. And those with whom you have built relationships will introduce you to more people with whom you can build new relationships.

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How To Master Emotional Intelligence Chapter 14 – Acknowledging Feelings And Facing Them

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