A business can serve one of two basic functions: solve problems for customers, or exploit their vulnerabilities.
Haven’t we all had experience with both kinds of enterprises? Some bad apples will do anything to take advantage of you. One of our wise clients told us she runs when she hears a fear-based sales pitch, the hallmark of exploiters.
On the brighter side, we also find enterprises that deliver more value to us than they cost, and make it a pleasure to do business. Some act as if they know what you and we know: what goes around, comes around.
We believe the way the 21st century is unfolding will help the good ones and hurt the bad ones. There are three reasons we think this:
• We can get up to speed on any subject more quickly than ever before, with all the knowledge in the world at our fingertips. No longer does anyone have a monopoly on information: prices, specifications and other factors can be checked out.
• Reputations, good and bad, can spread like wildfire through social media and other new forms of communication. It is harder for poor business practices to survive, and easier to find the solid professionals.
• Successful businesses can provide information and perspective to clients and prospective customers at very little cost. This makes it easier for you to figure out whether they focus more on your welfare or their profit, before you get in business with them.
We are always working to get better, continually learning, striving to stay at the leading edge. We make mistakes, as all humans do—but we’re excited about the opportunities unfolding in the decades ahead.
Clients, if you would like to talk about this or anything else, please email us or call.