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This is Scott Becker with the Becker Business and the Becker Private Equity Podcast. Today's discussion is your best clients. So here's the issue in business, there's two kinds of clients that I found over the years. Customers, clients, whatever you call them, that you work with and take care of. There's those clients and customers that you end up developing sort of a partnership relationship with. You're really working closely with them on what they're trying to achieve. You feel like you're an outside, really close counsel, really close consultant, a trusted advisor. You're sort of hand toand with them. Those to me, are the most valued, the most wonderful relationships in business. The other type of client that you have, a customer you have, is at the end of the day, you're, you're, you're paid help, you're sort of a vendor to them. You're in some ways a commodity to them. You don't have a deep, close relationship. Rather you take care of what they need and there's going to be business like that and customers like that. But, but very different than those close, close client relationships where you're really sort of hand in hand. You're a trusted advisor, trusted partner. You're really trying to help them grow what they're doing in a certain way versus simply being a commodity type of business. In my view of the world, being that trusted advisor, that trusted partner, whatever business you're in, typically a lot more fun, a lot more satisfying than that business where you're a vendor selling a commodity to a client or a customer. Thank you for listening to the Becker Business, the Becker Private Equity podcast. Thank you so much.
In this concise solo episode, host Scott Becker reflects on the nature of client relationships in business, particularly distinguishing between being a valued partner and a commoditized vendor. He shares personal insights from years of experience, emphasizing the importance and satisfaction of cultivating close, trust-based partnerships with clients.
[00:26]
Scott Becker [00:31]:
“You work with and take care of… those clients and customers that you end up developing sort of a partnership relationship with. You’re really working closely with them on what they’re trying to achieve.”
Scott Becker [00:37]:
“Those to me, are the most valued, the most wonderful relationships in business.”
Scott Becker [01:20]:
“Being that trusted advisor, that trusted partner… typically a lot more fun, a lot more satisfying than… where you’re a vendor selling a commodity.”
Scott Becker encourages business professionals to seek relationships where they act as true partners and trusted advisors to their clients. These relationships, he argues, not only create more lasting value but also bring personal satisfaction far beyond transactional, commodity-based services.