Working with Others – Like, Respect & Trust
The L-R-T Framework
“Only go into business with people you like, respect and trust.” (Warren Buffett & others)
That’s a great theory. But in the real world, we often need to do business or work with
people who don’t quite measure up. How can we apply the theory in practice?
First, know what you mean by those three characteristics:
- Like – someone whose personal company and style you find congenial
- Respect – someone who is capable; he/she knows what to do and how to do it
- Trust – someone you can count on to be honest, supportive and brave, for you
Next, be realistic. Lower the bar. Settle for two out of three. But be selective….