Telling the truth is critical to being successful in business (and in life). It helps you take the right actions.
Trying to convince yourself that everything is ok when it isn’t is a quick road to disaster. Successful bussinesspeople know and admit when
things are less than perfect and get help to correct problems. Always be willing to admit mistakes and take action to correct them. Base your decisions on facts, NOT HOPE!
With Employees
Keeping your employees informed of the good and the bad "news" is just good business. People fear only what they don’t know. Keeping either good or bad news to yourself more often than not will backfire and cause employee problems.
With Customers
Being honest with customers is critical to forming solid business relationships. If you can’t ship - communicate! If you have a mistake, admit it and correct it. Making excuses will only make things worse.
With Vendors
Vendors are your partners and you must be clear in your dealings with them. When things are good - tell them, and when they are bad - tell them. If you have problems deal with it openly and completely.
Vendors are your partners and you must be clear in your dealings with them. When things are good - tell them, and when they are bad - tell them. If you have problems deal with it openly and completely.
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