


2. Ensure you set deadlines that are achievable and realistic
3. Collaborate with your vendors to maintain long-term relationships

5. Assess Vendor Risks to enable its Minimization


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This time it’s about the top qualities you should look for if you want to hire and work with the best people.Quality #1: LovePat says he looks for someone who loves his company and its vision.
With such love, the person’s heart connects with your organisation.If you can hire people based on this kind of love, you don’t need to insist on work ethic because love is an action, and work ethic comes with it.Consider this: Parents provide food for their kids not because they have to, but because they love their children.
They also devote time to drop their kids off to school, work hard, and do everything else for love.Pat notes that you can’t force someone to love you, your vision, or your company.
During this period, monitor the person’s work, set expectations, and hold them accountable – until you’re gradually letting go and the trust level reaches an all-time high.Likewise, that person working with you will get acquainted with your habits, see how consistent you are, and realise that you’re right to your vision.
With a high level of trust, the environment will be much more comfortable to do business.Quality #3: SpeedSpeed is important because you’ll hear people say: “Would you rather have somebody that works very fast but they’re not very efficient?
Because startups typically have faster deadlines than a company that’s been around for 50 years.These older companies don’t make decisions quickly, either.

