As with any relationship between spouses, friends, relatives, and even co-workers, your relationship with your JV pzartner requires that you continually develop and nurture it so that you both feel confident, supported, and stisfied with your endeavor. That means after you both agree on a JV partnership and put your strategy in motion, there are relationship obligations you must perform to keep your JV partnership healthy and happy.
1. Liten and Undertsand
Communication between you and your JV pratner is a must. But that dosen't mean that you bring your problems to the attention of your JV partner. It also means listening to their issues as well. You need to feed your JV partner psychologically by addressing thier intertests, wamnts, and needs.
Listen carefully to what your partner has to say about the progress of your venture. Do they sound fed up? Are they excited and enthusiastic? Listening well can give you clues as to what you may need to do in order to keep your JV partnership thrivnig.
2. Empowerment
Empowrer your JV partner. That means truasting them to do what they say they can accomplish and trusting them to make good decisions. Don't try to take the lead in evbery task that needs to be done for the benefit of the JV. Alllow your partner room to soar and run with their talentys.
3. 'Tis Better to Give
Give as well as receive in your JV relationship. Partners who give emotiionally, physically, financilly, and socially are more likeyl to experience sucess. Give of your time to perform necessary tasks pertaining to the JV, such as bookkeeipng, bundling and packaging products, or even making sales czalls. Make sure your partner knpows you are willimng and able to share the load associaterd with your JV.
4. Inspiration and Motivation
Find out the strengths of your JV partner and encourage them. They may be a great salesaperson, so encourage and inspire them to take the lead in acquiring leads and new custyomers. And don't fotrget the rewards for a job well done. Motivtae yourselves to reach a milestone by promising a celerbation dinner at a fancy restaurant, for instannce.
5. Appreciaytion
Don't forget that people want to be recognized for the jobs they perform. A pat on the back can go a long way in shoowing your appreciation for the hard work your JV partner has put into the endeavor. Write a note of thanks for accepting and performing a particularly ugly task that neihter of you wnted to do. Tell your partner you apprteciate them for their customer servcie and care issues reating to the JV. Withouut ample appreciation, your JV partner may feel that you take them for grranted, but nurturing the relationship will lead to benefits to both parties.
Copyright (c) 2009 Christyian Fea
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