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10 Things You Will Like About A Home Based Business
Here's a few things I've discovered along the way that you will like about owning your own home based business. 1.You Are The Boss How many people endure a Boss that undervalues your contribution to the organization? Or one who takes...
Blogging for Business
Business blogs are primarily used to improve a company's communication both internally and externally. Business blogs are a type of communication channel that could be used effectively in product launches, team interaction internally within the...
Honesty in Business
What I want to discuss in this article is the basic idea of honesty. The internet is a wonderful place to do business, but with the continuous flood of spyware, malware, and spam, it can be a horrible and very frustrating place for the average user....
How Home-Based Business Entrepreneurs Think
Too many people are trying to start their home businesses with an ordinary employee's way of thinking. This has become a common reason why not long after sitting down and giving it a fair look into even the most lucrative business opportunity...
How to Grow Your Business in the Marketplace of the New Millennium ©
The "old ways" of doing business have been on the way out for years. Yet, training programs and consultants continue to do things the way they've always been done. Maybe they're stuck in the past. Maybe they're blind to the facts. Or maybe they...
How To Start A Business At Home And Make Big Bucks
Nowadays, it's the fact that more and more people have problems reaching their goals with just one source of income. Thus, these people are looking for a chance to earn additional money and often their result is, starting their own extra-income...
Keep More of What You Make - Start A Home-based Business
The best advantages of owning a home-based business are you can turn non-deductible expenses into tax deductions. The deductions you create for your Schedule C have a more significant impact on the total taxes you pay than do deductions on...
Marketing Your Online Business On A Budget
Do you have a great online business but few customers,and a very limited budget to work with? Just uploading your site onto the internet is not enough, even submitting to the main search engines and directories takes time. Often it may take...
Protect Your Most Vital Business Asset with Security Software
Homeland security, airport security, Internet security – these days we’re literally inundated with a need to protect ourselves and our property from the non-stop bombardment of potentially damaging attacks by unknown sources and entities lurking ...
SELL A BUSINESS - DEAL STRUCTURE AND TAXES
The purpose of this article is to demonstrate the importance of the tax impact in the sale of your business. As an M&A intermediary and member of the IBBA, International Business Brokers Association, we recognize our responsibility to recommend that...
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Building Trust in Your Business Relationships - Ten Tips
Trust is formative in how you do your business. Your people will reflect your behaviours with them and at the end of the day, your customers and clients will be on the receiving end of the values of your business or organisation.
Where to start.
There are some simple things you can do with your people to ensure that they start to trust you. As a letter from Mike Emmott of the Chartered Institute of Personnel and Development in the UK says, in April 2005's UK Management Today says:-
"Our surveys show that only one in four employees trust senior management to look after their interests"
Is that not appalling? How on earth can businesses develop, survive and above all hang onto their best people if they are seen to be untrustworthy?
It's horrible.
There is an article below which talks a little about 'Rapport Building', but to supplement that, here are Ten Tips to help you build trust with your people.
- Keep Your Promises
If you can't keep a promise, then don't make it in the first place - it is a big negative emotion being let down in this way.
- Never Tell Lies
Why would you? And if you have to, it's much, much more about you. Your people will really lose faith in you fast.
- Keep Confidences
Sometimes people will tell you things that they don't want broadcast - they need you to hear them sometimes. But keep it to yourself. Do not be the instigator of gossip and rumour.
- Communicate as Fully as Possible
Keep as little from your people as you can. Communicate as openly as possible. Sometimes you have to hold some information back - it happens, but think really carefully about it.
- Have No Favourites
Treat all of your people equally and show no favourites. I know this is tough - I found it tough, but it needs to
be right. Have agreed principles and standards that everyone works to - sorry, but no exceptions.
- Challenge the Behaviour - Not the Person
People make mistakes, do things wrong and need to be told. It's the thing they did, not the person they are. "You're useless", is not a good way to build trust, but, "That wasn't what I would expect of you usually, tell me more about what happened", works better.
- Follow Through
If you say you are going to do something. Do it! Your people will love that you do what you say (or apologise at least if you find you can't). And it sets a great example.
- Listen Attentively
There's a whole piece about this, but safe to say if you don't pay attention to people fully, they will not trust you. It's rude and it diminishes the relationship.
- Forgive Mistakes
Be generous. It is a value-creating action. People hate to get things wrong - they expect a 'bollocking' (as they say!). Help them with a learning from the mistake. "What might you do next time?", is far more valuable.
- Don't Talk Behind Backs
If you do this with anyone, they will always wonder what you say about them when they aren't there - and what are they saying about you - it's a bad habit.
Building trust is vital if you, your people and your business are going to excel. Working on it is just a discipline. These points will help you.
About the Author
© 2005 Martin Haworth is a Business and Management Coach. He works worldwide, mainly by phone, with small business owners, managers and corporate leaders. He has hundreds of hints, tips and ideas at his website, www.coaching-businesses-to-success.com. (Note to editors. Feel free to use this article, wherever you think it might be of value - with a live link if you can).
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