5 Relationships the Most Successful Entrepreneurs Cultivate

Everyone who decides to throw the proverbial caution to the wind, quit their job and become an entrepreneur hopes that things will work out, and they will have success. However, things are infinitely more complicated than we would all like to think. There are some crucial relationships that one needs to form, in order to become a successful entrepreneur. No man is an island, and we all need help, in some way or another. Especially when it comes to business, you rely on the good grace of others in a lot of different instances. Therefore, here are the 5 business relationships that you need, as a successful entrepreneur.

Bankers

While this list is in no particular order, the first has to be banks and bankers, because they are directly responsible for your financial stability. Chances are you are going to need a line of credit – especially in the beginning, you will need a start-up loan. And in order to receive it, you need to maintain good relationships with your local banks and bankers. How can you achieve that? By making your payments on time, first of all. If your name comes to be associated with poor or late payments, it’s difficult to get out of the dog house.

Another thing you can benefit from when you have a close relationship with your bankers is ensuring the safety of your money. They can help you set a system in place that can secure your finances and make sure that your deposits make it through and no one can embezzle from you or other such actions. It pays (literally) to form a tight relationship with your banker.

Employees

Of course, employees are also vital to any business you may want to set up. To strike gold in this department, you have to do a good job finding and choosing people who are professional, qualified, serious, and dedicated to their job. But that is not enough for them to make your company flourish; you also have to inspire them. This is where the vast majority of “bosses” go wrong – they vastly underestimate their relationship with their employees, when that is arguably one of the most important of all.

In order for your employees to work well, you have to make sure you maintain satisfaction. People have to be fulfilled in the workplace and be inspired and encouraged by their leaders. The mistake most entrepreneurs and people in management positions make is that they equate more time spent working hard with good results, more money and a growing business. But you should know better: you catch more flies with honey. That means that treating your employees with respect, compensating them fairly, and making sure they have time for their personal lives will be better for you in the long-run.

Customers

Every entrepreneur knows that customers can make or break your business. No matter how hard you work, how organized your company is and how intelligent your business concept is, if the customers are not happy, not stimulated, and not attracted, you either lose them, or you don’t attract them in the first place. In order to ensure the success of your business, you have to ensure the happiness of your clients.

Now, customer satisfaction is achieved by paying attention, first and foremost. You have to put yourself in their shoes and ask “What would make this a positive experience for them?”, “What can I do to ensure good customer service?”. A good product or service that fills a need is essential, but so is excellent customer service – engage them on social media, make the experience personal, make them feel special. The benefits are twofold: first of all, you retain your existing clients. Second of all, word of mouth will travel about your business and how much you value your customers and that will act as free advertising, essentially.

Vendors

Most businesses rely heavily on vendors, and unless you build a solid, trusted relationship with them, you might find yourself without essential items, not only when it comes to the product you might be selling, but even basic stationary or materials. You cannot afford not to be in your vendors’ good graces. The trick is to think of them as your employees, which means that you have to show them the same respect and attention. Get close to them, always have a means to contact them and make sure that, should an emergency happen – such as you needing to pay late, or needing materials urgently – they will be there for you.

Mentors

A business relationship that is also a personal one is mentorship. When you’re starting your own business, you need all the help you can get, from anyone who will listen. But most of all, you need someone with experience and extensive knowledge who can guide you. Find someone you look up to, a successful entrepreneur you would like to emulate, and ask for their advice. Again, this works in your favor in two different ways: you get the help you need, and you establish a positive business relationship. Remember always to show gratitude, treat them with respect and acknowledge their insight – it will pay off.

If you’re an entrepreneur, the investment in relationships is the best investment you will ever make. Take the time now to build them and your business will soar.

This article originally appeared in Inc. Magazine.

Shift Happens!

manual gearbox in the car

My 10 days in California has come to an end and I’m super excited about the shifts that occurred during my trip. What started out a business trip ended in some amazing shifts both personally and professionally.
BTW you will be hearing my California influence in the language of my post. Don’t judge love it 🙂

This post comes from the best, most vulnerable place in me. It’s kinda scary but super cool at the same time because I have no attachment to how it is received. Just straight no chaser.
The ability to slow down, be present and co-create has allowed for even more clarity in how best I can be of service and alignment with purpose.I know that I am in purpose and my gift shines when I’m being of service to others. Helping them transform their lives that may never have seemed imaginable. We all have gifts that are specifically for us to shine and give to the world.

Ask yourself if you are living up to your potential and sharing your gift?

This gift isn’t meant to be hoarded it’s meant to be developed and then shared with others.
My alignment to service has opened the door to do even more with people and be a part of real life miracles in their lives. And I’ve realized that I still need to BE MORE, DO MORE AND CARE MORE! I need to play ALL OUT and give of myself even more than I have. My gift is to be shared in loving service of others and help them transform their lives.

I have some BIG announcements and ideas that I’d love to co-create with others. I want to be more accessible….If something comes up in you while you read this and it resonates, it’s probably time to listen to that.

Maybe it’s a dream you’ve had but told yourself it’s too BIG.
Maybe you’re ready to leave a job you’ve been miserable at for years but cling to it because of “security”
Maybe you want to have a better relationship with your children and spouse
Maybe you have no idea what-what you want and are now ready to explore that
Maybe you want to be clear on your purpose but want help finding it
Maybe you just want to create more
playfulness in your life and relationships

The wonderful thing about life is all we have is this moment. The gift and magic happen in the here and now. Not in some imagined future.
If you’re ready to stop waiting until the “right time” to create something amazing in your life let me know. Share with me what you’d like to create and let’s do it. The space I hold is amazingly abundant and enough to go around.
Share your gift so we can create a place for your to shine and share it with the world.
Let me know what your BIG dream is and how I can help. We can’t keep it unless WE give it away.
Are you ready? Let’s go….

If you want to see what we can create in your life and are ready to PLAY ALL OUT email me at devon@deonbandison.com and let’s explore what coaching together may look like.

Onward and Upward
Devon

Fatherhood Picture Of The Year Contest

 

 

2014-07-12 16.14.36

 

In honor of all the Fathers out there, on Father’s Day I am hosting a:
“The Fatherhood Picture Of The Year” contest!

The goal is to highlight positive Fatherhood during the month of June.

I’m looking for the picture out there that captures modern day fatherhood at its best! Make it fun…

Rules of the contest:
1) Only 1 photograph submission per household (so choose wisely)
2) Anyone can submit (wife, husband, child, friend, mother, significant other)
3) All pictures must be submitted by June 15th
4) Winner will be announced on Father’s Day

Email the picture and father’s name to:
devon.bandison@gmail.com

The WINNER will be announced on Father’s Day and will receive a  1 hour one-on-one Live Your Legacy Coaching Session with me!

Although there can be only winner, we know that all Fathers are Winners! All pictures will be posted to recognize every outstanding father that was nominated for the contest!

Have fun gentleman!

Invitation to TEDxBocaRaton

I’m excited to announce that TEDx Boca Raton has asked me to speak at their event on March 26, 2015. Check out this link for the amazing list of speakers:

http://www.tedxbocaraton.com/portfolio-category/tedxbocaraton-spring-2015/

If you haven’t heard to TED Talks, here’s is a brief description and link:

Our Mission: Spread ideas

TED is a global community, welcoming people from every discipline and culture who seek a deeper understanding of the world. We believe passionately in the power of ideas to change attitudes, lives and, ultimately, the world. On TED.com, we’re building a clearinghouse of free knowledge from the world’s most inspired thinkers — and a community of curious souls to engage with ideas and each other, both online and at TED and TEDx events around the world, all year long.

http://www.ted.com/

 

It is an honor to be asked to speak and I’m looking forward to it!

See you in Boca Raton next March!

 

Exciting News For Our Readers

“Always dream and shoot higher than you know you can do. Do not bother just to be better than your contemporaries or predecessors. Try to be better than yourself.”
― William Faulkner

I want to thank all of the readers and followers of the NowLegacy Blog. Your feedback has been tremendous and this community continues to inspire me everyday.

The NowLegacy Blog is set up as platform to help inspire this community to live a legacy… A legacy of leadership…A legacy of greatness…A legacy of purpose.

So I’m excited to announce that the NowLegacy Blog will now live in The Devon Bandison Company website:

www.devonbandison.com

NowLegacy readers… Please go to www.devonbandison.com now and sign up for the free newsletter. You will be the first to get blog posts, news, content, and tools to create a legacy of greatness.

The NowLegacy community is a community of leaders, fathers, parents, professionals and individual achievers who want to have it all. Our readers want to be successful both personally and professionally. To be the best version of themselves and live a life of connection and purpose.

I look forward to helping continue to build this great community with you..

Best,

Devon

NowLegacy

www.devonbandison.com

 

Work-Life Balance-7 Tips For The Productive Father

Have you ever found yourself trying to perform an impossible juggling act between your work-life and home-life?

Ever spent your entire work day at the “top of your game,” only to be too tired to play games with your children when you get home?

Have you ever wondered how the person that seems to have it all is able to get work done, yet still have time for his family?

As a father of three wonderful children, I have also struggled with these same questions over the years.   Continue reading “Work-Life Balance-7 Tips For The Productive Father”

“Dad This Was The Greatest Day Of My Life” 7 Tips On How To Have An Epic Day With Your Child

Last week, at the end of a long day, my 12-year-old son turned to me and said the words that every father longs to hear:

“Dad, thanks; this was the greatest day of my life.”

You could only imagine the emotions I felt that day; feelings that could only be described as overwhelming happiness, validation, joy and love.  All parents know that you may go a lifetime and not hear those words, so to hear them come from my son’s lips was a special moment. We had just left the NBA Draft in Brooklyn NY on the way back home to Queens and had a great night all around.   Continue reading ““Dad This Was The Greatest Day Of My Life” 7 Tips On How To Have An Epic Day With Your Child”

Motivation, Success, Leadership and Hip Hop

Check out the interview I did on Wu Tang Radio for The H2o Show. Had a great time with Host Big Perm and DJ 360 discussing Motivation, Success, Leadership and Hip Hop.
The interview is broken down in two 15 minute segments with some good music in between. The intro goes until minute 4:34. Then the interview continues from minute 23:45-38th minute and returns from minute 53:47 until the end. Hear me talk about:

Hope- 26:30
Motivation Minute- 29:20
Connection/Gift of the Present- Minute 33:00
Learning From a Hip Hop Legend- Minute 33:40
Goal Setting- Minute 55:00
Success Minute- 56:00
Developing a System like NBA Champion Spurs- 58:00

5 Reasons Why Helping Others Is Your Greatest Wealth

It’s not easy asking for help, so I’ve learned not to wait until someone asks, help anyway.

I’ve had experiences with the people I mentor and coach who always ask how I’m so positive and willing to help people. My answer is usually “because I owe.” I owe for the people who took the time and energy with me to help get me to where I am.

I owe for those who weren’t given the opportunities that I was through basketball and other means.  I owe because if I want to see the change in the world, I must be a living example of that change.  But what they don’t realize is that by giving, I get so much in return. People want to be a part of something they believe in, and the network/community that has developed as a result of helping others has been priceless.  I can reach out to people all over the world for help when I need it which to me signifies true wealth and abundance. Continue reading “5 Reasons Why Helping Others Is Your Greatest Wealth”

5 Things I Experienced During A 10 Day Ayurveda Cleanse

First off, let me say I was never the “lets do a cleanse type of guy!”  While over the past few years I’ve becoming increasingly aware of taking care of this vehicle called a body, I need to let you know where I’m coming from.  Cleansing wasn’t something that was discussed too much in the circles I ran in,

Continue reading “5 Things I Experienced During A 10 Day Ayurveda Cleanse”