Who do you trust?

Who Do You Trust

I was reading an article recently about Warren Buffet's "rules" for how he chooses companies to invest in. One of these states that, if he doesn't trust the CEO of the company, he doesn't invest. No matter how good the numbers, the fundamentals, the market share, if Buffet doesn't trust the CEO, he is not investing.

This is great advice for all aspects of our lives, but especially true when it comes to investing in long-term technology such as an association management system. You must have absolute trust in your AMS vendor. After all, you're going to be (better be!) with them for a very long time.

I've written before about how your relationship with your AMS vendor is much like a marriage. Most would agree that the best, longest-lasting marriages are based on a foundation of trust.

So ask yourself? Do I trust my vendors?

Wes's Wednesday Wisdom Archives

Always ask “Why?”

January 13, 2021

Always ask “Why?” Little kids ask “Why?” all the time, because they are sponges for …

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Averages hide the extremes

January 6, 2021

Averages hide the extremes I can’t remember where I first heard it, but “averages hide …

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Look up PARTIAL names!

December 24, 2020

Look up PARTIAL names! Train your staff to do look ups on partial names, not full …

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Not Just Technology

December 16, 2020

Not Just Technology There was recently a discussion on the ASAE online community about project management …

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Consider quitting

December 4, 2020

Consider quitting Patient: “Doctor, it hurts when I do this.” Doctor: “Then stop doing that.” …

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There is nothing so permanent as business rules

November 25, 2020

There is nothing so permanent as business rules Nobel Prize-winning economist Milton Friedman said, “There’s nothing …

There is nothing so permanent as business rules Read More »

Budget for feature discovery and adoption

November 18, 2020

Budget for feature discovery and adoption When developing a budget for implementation of a new …

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Customize staff pages for better user adoption

November 11, 2020

Customize staff pages for better user adoption The single most important element to data management …

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Don’t ask questions for which you already know the answer

November 4, 2020

Don’t ask questions for which you already know the answer I was recently completing an …

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All decisions involve risk

October 28, 2020

All decisions involve risk Whether it’s choosing a new AMS or introducing a new product …

All decisions involve risk Read More »

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