Sleeping With Your Business Partner

Tips

Here are some tips for dealing with situations that commonly arise in copreneur couples and families. A complete listing of all tips can be found in Sleeping With Your Business Partner: A Communication Toolkit for Couples in Business Together. 2007

Tips for Working Together

Behaviors / Actions that Foster Success

  • Plan, Plan, Plan
  • Communicate, Communicate, Communicate
  • Obtain sufficient financing

Behaviors / Actions that will Lead to Distress

  • Disrespecting your spouse
  • Neglecting your personal needs
  • Undercapitalizing your business

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Tips for Making Your Differences Work for You

  • Identify your personality strengths
  • Understand your spouse's personality strengths
  • Learn to identify situations that are stressful to you

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Tips for Turning Conflict into Bridge Building

  • Beware of Quick deals and deadlines
  • Don't make these mistakes
    • Inadequate preparation
    • Ignoring "give and take" principle
    • Loss of temper
    • Talk to much
    • Arguing instead of influencing
  • Negotiation Tips
    • Set goals
    • Ask questions to draw out the other side of the conflict
    • Invent options to bridge areas of disagreement
    • Cultivate the relationship between/among the parties involved
  • Tips for Men Only - It can be helpful for men to remember that:
    • Women tend to see negotiations as more embedded in relationships
    • Women use power in a way that is more empowering than controlling
    • Women pursue negotiation dialogue in a manner that is more like problem solving than confrontation
  • Common Negotiation Mistakes & Solutions
    • Mistake: Negotiate using a style that you are uncomfortable with
    • Solution: Adobt a style that fits your personality
    • Mistake: Failure to see a situation as an opportunity to negotiate
    • Solution: Assume everything is negotiable
    • Solution: Assume everything is negotiable

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Tips for Communicating Successfully

  • Don't assume that you are communicating effectively
  • It's not just "What you say" that counts about also "How you say it"
  • Be aware of your non-verbal messages

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Tips to Improve Your Listening

  • Use the "ready position" (sit slightly forward) when you are listening
  • "Look 'em in the eye," switching from eye to eye every three to five seconds so that you are not staring
  • Use vocal recognition (especially when you are on the phone) so that the other person knows you are still there and listening

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Tips for Business Communication

Voicemail Tips

  • Leave your name and number twice
  • Spell your name
  • Check your messages frequenly
  • Return calls within 24 hours

E-mail Tips

  • Do not use e-mail to resolve conflicts
  • Cover only one topic per e-mail
  • Always proofread before sending
  • Make the subject line informative
  • Beware of the "foward feature"

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Tips for Strengthening Your Team

Actions to Take to Build Bridges:

  • Give kudos to team members
  • Invite input before making a decision
  • Give Warm, focused eye contact
  • Provide quick response to inquiries

Statements to use to Build Bridges:

  • What is your opinion?
  • You put a lot of effort into that, didn't you?
  • I think we're on the right track!
  • You have a lot of good ideas. I need your help.

Avoid these Bridge Burning Statements:

  • How much time did you waste thinking about that?
  • How long have you been doing this job?
  • Why don't you do things like other people
  • YOu just don't get it, do you?
  • Why in the world would you think that?

Avoid these Bridge Burning Actions:

  • "The Look"
  • Talking with others while someone else is talking
  • One person monopolizing the conversation
  • Taking calls in the middle of your conversation
  • Interrupting continuously

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