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

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 […]

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, […]

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 […]

"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 […]

Know Your Audience Before You Speak

December 20, 2018

This one may seem obvious, but when you’re speaking to anyone, whether it’s one person, […]

"Behavior is a function of the person in their environment."

December 13, 2018

Lewin’s equation says “behavior is a function of the person in their environment.” (He was […]

Signal-to-noise ratio

December 5, 2018

Signal-to-noise ratio Signal-to-noise ratio, formally used, applies to electricity and engineering, and refers to how […]

Consultants bring perspective

November 28, 2018

Consultants bring perspective At a recent speaking engagement, I was asked what I think is […]

Garbage in, gospel out

November 22, 2018

Garbage in, gospel out We’ve all heard the phrase “Garbage in, garbage out.” If the […]

Dramatic change does not happen overnight

November 15, 2018

Dramatic change does not happen overnight Like most things in life, dramatic change does not […]

Scroll to Top