I meet a lot of people because I am constantly out, running my businesses, growing my businesses, and my position is that any time I have the opportunity to meet someone new, will seize that opportunity. Why? You never know who that person is, or how they might be able to help you in the future. You may run into someone randomly who will eventually help you grow your business in ways you never even thought possible.
More importantly than meeting new people though is really taking care of the people who you surround yourself with who help you run your business. Whether these people are employees, contractors, friends, etc, you need to take good care of them and treat them fairly.
It’s very easy when you start reaching success in your business, or your life to have it go to your head. It’s really easy to feel that you are above others. Don’t fall into that trap. Us entrepreneurs reach the highest levels of success when we help others, treat others fairly and learn to work with others respectfully.
If you have a contractor who you work with who is great at what they do, take care of them! Offer to pay them a bit more. It will be well worth it in the long-run. Don’t fall into the “Donald Trump” like trap where you feel the need to squeeze people for every penny. Good talent shouldn’t be squeezed, it should be rewarded.
I look at it this way; if someone makes my life easier, they deserve to be paid more. I tell my staff that, and I treat any and all contractors who I work with that way. Make my life easier, I’ll always pay you more. You making my life easier is worth more money than someone who causes me to have to double check everything they do…
It all comes back to valuing your time. If a good employee or contractor saves you time, think of how much that is worth it to you. You may pay someone a bit less, but the headache involved in double checking their work, and not trusting them like the other person really isn’t worth it.
When I was younger, I didn’t understand this. It took me quite a while to get it through my hard head… people are assets to us. Good people are HUGE assets to us. So when you have someone who does a great job, and makes your life easier, go out of your way to thank them for it by paying them more. The additional few dollars you will spend will be well worth it in the end!