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

Be careful with absolutes

January 28, 2020

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Why Process is So Important

January 15, 2020

Why Process is So Important One of my favorite business authors is James Clear, who writes all […]

The Significant Change of SaaS Software

January 7, 2020

The Significant Change of SaaS Software One of the most significant technological changes in the […]

Always, ALWAYS budget for more training

December 18, 2019

Always, ALWAYS budget for more training Always, ALWAYS budget for more training. I don’t know how else […]

We’ve always done it that way

December 11, 2019

We’ve always done it that way A couple of weeks ago I wrote about approving memberships, […]

Are you sure it doesn’t do that?

December 4, 2019

Are you sure it doesn’t do that? Even after 20 years of consulting, I’m surprised […]

Be grateful

November 27, 2019

Be grateful As Thanksgiving approaches here in the US, I’m reminded of two words: Be […]

Do you really need to approve them?

November 20, 2019

Do you really need to approve them? I often joke that the very best (because […]

Negativity bias is why we need database PR

November 13, 2019

Negativity bias is why we need database PR I’ve written before how cognitive biases can affect […]

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