Relationship Building

A friend and business owner was in the other day and I am not sure if I should use Bill’s name or not; we started talking about business ethics and where we picked up our respective approach to what it is we do. He explained that his dad started the business he currently owns, was a lawyer and had a clear understanding that there were two types of management styles in business – rape and pillage, and relationship building.

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Rebate or Discount

A rebate is defined in Wikipedia as “an amount paid by way of reduction, return, or refund on what has already been paid or contributed. It is a type of sales promotion that marketers use primarily as incentives or supplements to product sales.”

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Networking

When a group of like-minded folks get together in business in the same company great things tend to happen. When they get together with others in the supply chain, profitability and other aspects of product delivery are refined. When they are with folks prescribing and delivering the products the relationships may become entwined with the need for increased sales.

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True Sport

Even the remnants of the “Redeem Team” had to work their tails off to come up with a gold medal at the Olympics; at that tournament they were reliving their high school and college days when they were playing for the letters on their jerseys.

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