Common Business Management and Stock Investment Relationship Tips (Part 2)
Many business and stock investment situations are unsuitable for frank and open communication. Protocols and niceties are not to be denied, so colleagues, stock brokers, and financial advisors feel that it is generally best to be polite, indirect, and subtle to the point of evasion! Power and time are infidels of understanding, because who cares to warn a bull bent on rapid self-destruction? The modern gift of electronic mail is a panacea for those with the right gadgets, because it enforces a considered and recorded exchange of opinions. Reflective listening and lateral thinking are more dated but still efficacious paths to empathic accuracy.
Bite Improbable Bullets to Keep Your Financial Planning Afloat
Some of the most successful business people and stock investors have never made wills, and have no structured contingency plans for cataclysmic disasters. We hope for the best but remain unprepared for the worst. The Japanese have a habit of giving honored guests seats with clear views of exits: so should it be with the best agreements. The latter should be written and formal for all Investor Clubs, as they are for letters of appointments. This discipline should extend to informal and internal groupings, spelling out exactly why and how separations may take place. However, no documentation can entirely replace direct discussions, so all team members have to make continual efforts to understand their mates, and to make them selves understood as well.
Do you spend plenty of time chatting with stock brokers, colleagues, family, and associates? Are you a numbers guy with little time for idle chat? Who all influence your business performance and stocks, and how do you secure their commitments? Please take a break from numbers and charts, and join us at the forum with a vigorous debate on how to build the most effective business management and stock investment teams. We wait to hear from you!