- May
- 14
- 2008
Do Nice Guys Finish Last In Business?
By: Robert Dempsey | Tags:
Can doing the right thing in business get you ahead or be a detriment?
I had lunch yesterday with a good friend of mine who is the head of sales for a systems integration company here in Orlando. He told me a story about how a vendor of theirs had asked them to do an install job for some equipment sold by a competitor. They agreed. When the install tech called the client to request some vendor-required paperwork the client blew up at him, and then called the vendor who pulled them off the job. When my friend called the vendor to find out what happened he was told that there was a problem with the install tech and his lack of people skills. That was funny considering that this same tech sold a large amount of equipment not a few weeks previous to a very large client. So what was the real story? It was the end of the quarter and the vendor’s sales person was trying to get their numbers.
When I first had Atlantic Dominion Solutions up in Washington, D.C. I remember a client telling me that I was going to have trouble in business because I was too honest. I also remember how, less than two years ago, I was incredulous that even with signed agreements clients still wouldn’t pay for services they had received. And in more recent times, a client we are no longer working with agreed one day to work within a development structure (weekly deploys and reviews) and the very next day broke out of that structure saying, “I don’t understand why it is a big deal.”
That is just the tip of the iceberg.
I have never been one to sugar coat estimates for clients or tell them it will take less time when in reality I know it will take much longer. We have clients come to us all the time that were told by a company that it will take x hours and the project took twice as long or more. We have had projects run longer than expected but we didn’t lie about it nor did we honestly expect in the beginning that they would take as long as they did.
What do you think? Can a business succeed without using deceptive marketing techniques and business practices, or is it just business as usual? I’d love to hear from you.
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4 Responses to “Do Nice Guys Finish Last In Business?”
On May 14th, 2008 at 7:33 am Rob Bazinet said:
I think you are right on with your values.
A business can certainly succeed by being run honesty. Being honest will never come back and bite you, you will never have to remember what you might have told a client because if the truth is told it will be told the same way next time.
I have run 3 businesses over the last 20 years and honesty has always worked for me. If the client does not want the truth then they are likely not a client you want anyway. Any good client always appreciates an honest vendor.
I do think honest companies are in the minority though as many companies will tell the client what they want to hear just to get the business.
My 2 cents.
-Rob
On May 14th, 2008 at 7:44 am allan branch said:
Dishonestly is a quicker path to temporary success. When your heart is pure and your work is golden success will come with patience.
On May 14th, 2008 at 7:49 am Adam Fortuna said:
I can’t imagine a world where that doesn’t pay off in the long run. If you’re giving bad estimates and upsetting clients, you’re out both repeat business and referrals. I imagine people getting their first quote on a project would be more likely to go with the lowest price over the best service as well, so they’re probably less desirable clients as well. Seems like it’s win-win.
On May 14th, 2008 at 8:04 am Mike McDerment said:
Honestly is the best policy. IMO business is all about relationships and being true to your own values is the only sustainable way to maintain long term relationships that generate referrals and build your business.
For what it’s worth, I think it’s really healthy to question these kinds of issues from time to time though; it will just strengthen your resolve.