Sometimes the best results come from working harder. Other times, success comes from working smarter.
A dual relationship can impact both your personal and professional life. One example is being friends with the company’s supplier. These types of relationships shouldn’t be entirely avoided but it’s important to be aware of potential pitfalls.
Defining what takeaways you want from a conference or similar event ahead of time can be a great help. By doing so, you can set goals focus in on the topics most relevant to you and get more out of your investment.
An effective way to eliminate any conflicts of interest is to have transparency. One way to do this is by having board members, or other decision makers, sign disclosures that highlight any potential conflicts.
Do you know the difference between working IN your business and working ON your business?