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

Baby Steps

March 21, 2019

One of the keys to developing good data management habits is to be aware of …

Baby Steps Read More »

Success Requires Discipline

March 14, 2019

When it comes to data management, most of us know what to do; we just don’t …

Success Requires Discipline Read More »

Take a moment to be grateful

March 7, 2019

Because we’re so focused on always improving what we have now, it’s easy to overlook …

Take a moment to be grateful Read More »

KPIs and Dashboards

February 28, 2019

I saw DJ Muller from MemberClicks speak on KPIs (key performance indicators). In his session …

KPIs and Dashboards Read More »

Documenting Process is Critical

February 22, 2019

When it comes to managing data successfully, process is critical. For example, a client of …

Documenting Process is Critical Read More »

Motion vs. Action

February 14, 2019

In James Clear’s book Atomic Habits (I recommend it!), he discusses the concept of motion vs. action. …

Motion vs. Action Read More »

Are You Answering Your Calls?

February 7, 2019

I’ve written about this before, but apparently I have to keep repeating it. If you’ve …

Are You Answering Your Calls? Read More »

Set benchmarks to measure progress

January 24, 2019

It’s impossible to measure progress if you don’t know your starting point. This sounds axiomatic, …

Set benchmarks to measure progress Read More »

You’ll make incorrect decisions. Acknowledge them and fix it.

January 17, 2019

A client of mine recently wrote the following to me: “It’s so hard to set …

You’ll make incorrect decisions. Acknowledge them and fix it. Read More »

"Experience is unobservable to everyone except the person who it happens to."

January 10, 2019

In Dan Gilbert’s book Stumbling on Happiness, he writes: “Experience is unobservable to everyone except …

"Experience is unobservable to everyone except the person who it happens to." Read More »

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