Business Fit Magazine May 2019 Issue 2 | Page 30

Mindset & Emotion How you interact and deal with potential and current business partners has a significant impact on your working relationship and, ultimately, on your bottom line as well. How you do business says more about you than you may think. From the way you cold call, send an email, reply to communications and interact during one-on-one meetings, it all speaks to your personal values. Defining your own set of personal values will help you align with business partners who share the same morals. For example, consider the values you uphold in your personal relationships – you treat others how you want to be treated, always say "please" and "thank you," engage in conversation, make time for people you love, etc. The same values can be applied to your working relationships. Ask yourself: Are you treating your colleague the way you want to be treated? Are you saying 'please" and 'thank you" during your professional conversations? Are you engaging in an honest and open conversation? Are you taking an interest to know them as a person and not just as a business opportunity? These are all questions to ask yourself in order to align your personal values with your business behaviour. Defining your morals, not only expresses your authenticity, but it also encourages your colleagues to do the same and to feel that they are seen by you. each other to make mistakes and learn from them? In business settings, there are many opportunities for mishaps. The faster you and your partners can recover, the stronger the relationship, both personal and professional, will be. If, for example, punctuality, open communication, and dedication are values the person you're doing business with doesn't adhere to, but are important to you, this might present difficulty moving forward with business projects. 5. Accountability Below are a few values that you may want to consider implementing in your business practice. 6. Focus 1. Ambition Values needed to Thrive Beatriz Cantu Do you and your business partners share the same excitement for the project at hand? Having the same ambition will lead you and your partners to find solutions to challenges in a positive way, and will also make it enjoyable when trying to reach the same goal together. 2. Honesty Open communication and transparency are key when working on a business plan with so many moving parts and key stakeholders. You must be able to speak with your business partners in a constructive way, even when you don’t agree on certain terms. 3. Empathy Do you and your business partners have the ability to understand and share each other's feelings? Doing so will allow you to understand the challenges the other deals with, what they care about and how you can help them reach shared goals. 4. Adaptability Do you and your business partner follow through on your promises to one another? It’s important you each own up to what’s not working and if either of you is falling behind on your end of the agreement. Are you and your business partners putting an emphasis on the shared agreement? If either of you becomes distracted, that may lead to an unfocused partnership with much room for error and unfinished tasks. 7. Respect Integrity for yourself and for others will allow you to build fruitful relationships which endure longer than any one single business agreement would alone. Having respect embodies being honest and having strong moral principles. Having respect for yourself, business partners and customers will ultimately reflect on your bottom line. By upholding your own set of values and aligning with individuals who live out the same core morals, you set yourself up for the possibility to do business with them over and over again. Although your ethics don't need to be the same as your business partners', you should be able to connect on some common ground with them. And if you feel strongly that your values don't align, you may consider not doing business with them at all. Do you and your business partner allow 30 31