There are many ways to improve your relationship with your banker, and there are also some missteps to avoid if you want to impress your banker. The bankers I interviewed offered some insight into the issues that give them pause. Consider these pointers as things you should avoid if you want to cultivate a good relationship with your banker.
EXPERT TIP | Gary Furr, Organizational Development Consultant:
There were a number of things the bankers I surveyed mentioned that cause them grief when dealing with customers. Hubris and ego getting in the way of common sense was a big one; listening to the advice of the banker was another major issue. Dishonesty, the lack of understanding of risk, and taking too much out of the business were all issues that caused the banker to rethink their relationship with their customer.
Success requires advice and guidance. Not only do you risk your relationship with your banker if you choose not to listen, you risk the ongoing success of your business. Rarely is anything of great significance accomplished alone; it always takes the help of others.
Business owners often are so caught up in the day-to-day of their businesses that they cannot see what is really going on; input from another source, one with emotional involvement, is invaluable.
With over 40 years of C-level business experience and an MBA in organizational development, I am uniquely qualified to help you achieve success in your business. Give me a call to set up a free consultation: 503-312-3145.
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Make Your Banker Happy
Advice of bankers in forming a relationship that will reap rewards well into the future.
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