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.

Wavy Line
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! 

Related Topics

Business News

Woman Ties the Knot at White Castle Almost 30 Years After the Chain Gave Her Free Food as a Homeless Teen

Jamie West was just 12 years old when she ran away from the foster care system.

Business News

New York Lawyer Uses ChatGPT to Create Legal Brief, Cites 6 'Bogus' Cases: 'The Court Is Presented With an Unprecedented Circumstance'

The lawyer, who has 30 years of experience, said it was the first time he used the tool for "research" and was "unaware of the possibility that its content could be false."

Lifestyle

Surprise Attack: Ashneer Grover Returns To Television With Roadies

Ashneer Grover, the former managing director and co-founder of BharatPe, caused quite the stir among his fans over the weekend when the promo video of Roadies 19 was released.

Business News

More Americans Are Retiring Abroad, Without a Massive Nest Egg — Here's How They Made the Leap

About 450,000 people received their social security benefits outside the U.S. at the end of 2021, up from 307,000 in 2008, according to the Social Security Administration.

Leadership

How to Be a Good Role Model for Your Employees, Customers and Community (and Why It's Important)

How your choices can ignite a positive chain reaction and transform your business.

Marketing

8 Ways to Improve Your Online Presence in 2023

A robust online presence is crucial to the success of your business.