Monday, March 3, 2014

Win-Wins

An investor friend recently asked me to put him in touch with the CEO of a company that I am involved with. The company is doing very well and my friend wanted to establish a relationship. Problem is, the CEO is very busy and has more important things to do right now than meeting investors. I told as much to my friend who then made a different suggestion: would the CEO be interested in attending a dinner that he is organizing with some prominent industry leaders, CEOs and entrepreneurs? That sounded a lot more compelling so I shared the details with the CEO who agreed it would be worthwhile for him to attend. Win-win. The investor establishes a relationship with the CEO. The CEO attends a worthwhile event.

I told the story to the boys and also mentioned the importance of being genuine. As counter example, sometimes a person who wants my advice offers to "buy me lunch". Their implication being that they get my help and I get a free meal. Problem is: my time is a LOT more valuable to me than a free meal (unless the restaurant is VERY special). 

No comments: