Business Relationships That Stand the Test of Time: A Comprehensive Guide

Author:
Brysen Packer
Published:
November 9, 2023
Category: 

Understanding the Foundation: Key Elements of Strong Relationships

Building valuable relationships starts with establishing trust as the cornerstone. Think about your closest relationships with family, friends, or loved ones. What is the crucial aspect that allows you to trust them?

Without trust, a connection is just a transaction waiting for a minor hiccup to end. Trust means being vulnerable with each other. 

To me, vulnerability and trust are synonymous. The most cherished relationships grow over time, allowing for vulnerability and openness in various ways.

As Brene Brown put it, "Vulnerability is not winning or losing; it's having the courage to show up and be seen when we have no control over the outcome. Vulnerability is not weakness; it's our greatest measure of courage."

So why start with vulnerability as the foundation of a relationship? Because without openness, you can't express what's going on. Imagine being in an important meeting and facing a topic you must prepare to discuss. You could lie and make something up on the spot, but the client would likely sense something is off through body language and social cues. Or you could do the hard thing and be vulnerable by telling them the truth.

From experience, doing the hard something always pays off. Let me share an example. A client asked me about their product, specifically whether it would be considered an Amazon hazmat product. 

I should have known the answer, but I was embarrassed that I hadn't done the research. I could have lied and said it wasn't necessary to research this for their product, but I chose to be vulnerable instead.

I took a deep breath and told them I wasn't sure about that issue. I promised to pull some information, put together a short video presentation, and send it to them by Friday. 

I assured them we could address their questions in our next meeting or through email. By choosing vulnerability, I solved the problem and built trust. My clear and timely communication showed them that I wouldn't just give them fluff if I didn't know something.

Ultimately, my value increased in their eyes because they saw my honesty and dedication. We developed mutual respect, and our relationship grew more assertive.

So remember, trust and vulnerability go hand in hand. Embrace them, and watch your relationships flourish!

Communication Mastery: Effective Techniques for Deepening Connections

Every business book I've come across—whether it's about self-help, self-improvement, or psychology—breaks down communication into these three fundamental things. These are so simple, yet most miscommunication occurs because of a breakdown in one or more techniques. 

Active listening: A trick I learned years ago when you actively listen is not taking notes. Don’t use the keyboard or your phone. 

Look directly at the person in their eyes. It will be uncomfortable and nearly impossible the first couple of times you practice it. 

Listen to what they say, and then give them a summary of what you just heard. Then, take the notes. 

Clear and Concise Messaging: This is my weak spot and where over 80% of my breakdown happens. I have ADHD, and so many thoughts go through my head at any given time. 

If I express them all at once, I overwhelm people. My trick for this is to tell a story about the issue. Pretend I’m in an elevator and have moments to portray the message. Whether in an email or a verbal conversation.  

What brief account do I have that can express the news but keep their attention? 

Feedback Loop: The most important and often overlooked of the three. 

How do you get feedback from clients and customers? 

The best time I discovered is right after a positive experience. I Utilize this favorable period to give a brief, no use of names or product overview of another client's issues and ask the client who just had a positive experience how they would handle the situation. 

You would be amazed how many people are willing to solve others' problems, but not their own, with the most straightforward solutions I may have never considered. 

I can then contact both clients with a gracious email thanking the one for the insight and the other with the idea of how to solve the problem. It’s a potent trick. Use it wisely. 

Resolving Conflicts Gracefully: Conflict Resolution in Lasting Business Relationships

An easy rule is never to blame the other person for the issue. Seriously, don’t do it. It just puts them on the defensive. You won’t win even if you “win” the argument you have permanently damaged the relationship. They will never fully trust you again. 

Conflict resolution is a rare skill nowadays, and I only realized this when I was managing a team of over ninety individuals in my previous manufacturing role. 

It surprised me how uncommon it is to know how to navigate and resolve issues gracefully and tactfully. While I thought it was common sense for management, it's less widespread than I initially believed.

Here is my strategy: 

Active Empathy: Put yourself in the other person's shoes and listen to their perspective. Acknowledge their feelings and concerns without interrupting or immediately responding. 

Empathy shows that you genuinely care about their point of view and are open to understanding their side of the story. Active compassion lays the foundation for a more constructive conflict-resolution process.

"I" Statements: When expressing your feelings and concerns, use "I" statements rather than "you" statements. For instance, say, "I felt hurt when this happened," instead of, "You always do this." 

"I" statements convey your emotions without placing blame or sounding accusatory. This approach can minimize defensiveness and foster a more receptive atmosphere for resolution.

Collaborative Problem-Solving: Approach conflicts as shared challenges that you and the other person can work together to overcome. 

Focus on finding solutions that meet both parties' needs rather than aiming to "win" the argument. Visualize what the outcome should look like. Then, write down ideas on how to achieve that outcome. 

The best advice I have ever had concerning conflict resolution is don’t try to have this resolution while angry. Do something else that can calm you down for a few hours—preferably something fun or service-oriented to remove you from the problem. 

The mentor who gave me this advice once told me he was talking to a co-worker who had just upset me. This co-worker had marched to his office and asked where I was going after seeing me drive away from the office. 

My mentor responded, "he is busy calming down and not killing you for what you did to his project. I bet he returns with a better solution than you could hope for.”  

Sure enough, after I took a long lunch and a nap, I returned to work with a resolution that solved his problem and mine. Don’t try and solve anything while angry. It won’t be your best work. 

Growing Together: Strategies for Continuous Business Relationship Improvement

Open and Honest Dialogue: Regularly engage in open conversations with your partner where you feel comfortable sharing your thoughts, feelings, and aspirations. 

Discuss your individual goals and desires as well as your joint ambitions. This transparency fosters mutual understanding and helps identify areas where you can align and support each other.

Shared Experiences: Actively seek out new experiences and activities to share. Trying new things can create memorable moments, strengthen your bond, and provide opportunities for personal growth.

I learned how to fish and cultivate a better relationship with my supervisor. Every week, I would ask my supervisor how to fish, what to use, and where to go fishing, and every Monday, I would have a story about my experience. I got some much-needed “me time” and had a relatable experience to break the ice every Monday.  

Continuous Learning: Try to learn about each other's interests, preferences, and evolving needs. Show genuine curiosity in each other's personal development and encourage one another's pursuit of knowledge and growth. 

My favorite method is sending a quarterly book I’ve read to each one of my clients and team members. Sharing books ensures we are all reading the same ideas and can be on the same page.  Learning enriches your connection and demonstrates your commitment to supporting each other's journeys.

So, when building solid relationships, the first thing to do is establish a foundation of trust and vulnerability. You know, that openness and trust set the stage. When discussing making those connections even more substantial, it's all about using effective techniques. These can include listening actively, ensuring your messages are clear and to the point, and keeping that feedback loop going so you're always on the same page.

Now, conflicts are inevitable, right? But they don't have to be a big issue. When resolving them, it's good to put yourself in the other person's shoes, express your feelings with 'I' statements instead of blaming, and remember that working together to find solutions is critical.

And let's not forget that relationships need nurturing. Keeping those lines of communication open and honest is essential to keep growing together. Trying new experiences together, like traveling or picking up a hobby, can spice things up. Plus, always continue learning about each other and supporting each other's personal growth. These strategies can keep the spark alive and the relationship thriving.

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