Join our Waitlist for Expert Advice!

Wednesday Wisdom: 4 Things Entrepreneurs Need to Know to Develop Excellent Relationships Stay tuned to get every day updates in 60 seconds

By Bhavya Kaushal

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

The life of an entrepreneur entails building relations with everyone right from the top executive to the employee lowest in the corporate hierarchy or even the customers. Here are 4 things entrepreneurs need to know in order to develop excellent relationships.

Welcome Feedback

Welcoming feedback is one of the easiest ways to improve customer or investor relations. Embracing other people's opinions mean that you value their contribution to your organization.

Keep Yourself in Sight

Forging meaningful relationships with people will ensure that you make your place in the business ecosystem. It is also the best strategy an entrepreneur can use to market himself, his venture or his product.

Never Get Swayed Away

Bagging a sensible amount in a funding round can give an entrepreneur his biggest high but it should not make him arrogant. Looking down on people and having the awareness that ones know better ruins relations and contribute to the downfall of the person.

Remaining True to the Cause

The best way to develop excellent relations in and out of the organization is to remain true to oneself and one's vision and communicate the same to whoever crosses the path.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

Bhavya Kaushal

Former Features Writer

I am a work-in-progress writer and human being. An English graduate from Delhi University, writing is my passion and currently, I was Entrepreneur India's start-up reporter. I love covering start-ups and weaving their stories into unforgettable tales with the power of ink! 
Money & Finance

The Government Is Forcing Business Owners to Share Personal Data or Get Fined $10,000 — So Why Don't More People Know About It?

The Treasury Department wants to know who owns your business, and the smaller your business, the more attention you should pay.

Growing a Business

How to Reclaim Your Time and Start Focusing on Your Business's Big Picture

You can always get more money, but you can never get more time.

Business News

'Additional Human Touch': Starbucks Has a Turnaround Plan That Includes Buying 200,000 Sharpies. Here's Why.

Faced with declining sales, Starbucks has a comeback plan that involves several changes to stores and menus. Here's a look at the changes coming to your store.

Leadership

Could We Have The First Native American Woman Governor? DEI Expert Weighs In On What Allyship Should Look Like If History Is Made.

We can all learn more about what it means to be a better ally for those who are the "firsts" in their space. Here are three strategies around allyship this DEI expert recommends to her diversity, equity and inclusion (DEI) consultancy clients.

Growing a Business

How to Effectively Manage Intangible Assets for Long-Term Business Success

Intangible assets, unlike physical ones, may evolve to a point where the business objective no longer has the capacity to utilize them effectively. This evolution triggers the need for transformation, potentially turning an intangible asset into a product for sale.