WIIFM? (who cares, nobody trusts you!)
A couple of months ago I found myself in the midst of a major disagreement between business partners that had the potential to bring down everything. It was a powder keg ready to explode and battle stations were manned. It got so serious that all communication ceased and insults, erratic behaviour and downright childish tantrums became commonplace. Strangely, more common in private and family businesses than I imagined.
The issue: It was intimated that one of the partners wasn’t being as open as they needed to be on a particular deal and that it was heavily skewed in their favour. Trust was brought into question.
The atmosphere was toxic and required external assistance. How can someone with such a strong track record of getting results and building a business be considered as untrustworthy within the very same context that got them where they are today? How can you be this successful without being responsible, fair, and… trustworthy?