10/30- 4:44 Dealmaker's Digest Newsletter

Author

Mark Evans DM
October 30, 2024

Is that what you think of when you look around your business?

When you’ve been in the game long enough, you realize that not everyone’s here to win with you. People will say all the right things, but when it comes down to it, some just can’t be trusted. They’ll smile in your face while chipping away at everything you’ve built behind your back.

But here’s the thing: It’s on you to protect your business. If you’re not setting up the right checks and balances, you’re leaving the door wide open. This podcast is all about protecting your team, your business, and your mental game when betrayal rears its head.

4 Thoughts to Kickstart Your Day:

  1. Trust is Earned, Not Given – Make people prove their loyalty before you give them too much power.

  2. Boundaries Build Strong Teams – A little space and structure go a long way in keeping things professional.

  3. Be a Leader, Not a Friend – There’s nothing wrong with kindness, but you’re not running a charity.

  4. Every Loss is a Lesson – When betrayal happens, learn from it and strengthen your systems.

4 Lessons Learned:

  1. Track the Small Details – A little oversight can help you catch red flags before they’re major issues.

  2. Don’t Rely on One Person – No single person should hold the keys to too much. Spread responsibility around.

  3. Tough Decisions = Long-Term Gains – Cutting loose anyone who’s not all-in for the team is tough but essential.

  4. Stay Objective – Don’t take betrayal personally. It’s business, and protecting your interests is key.

4 Challenges to Conquer Today:

  1. Review Team Roles – Make sure each person’s duties are clear and have appropriate oversight.

  2. Create a Financial Checklist – Have a process in place for tracking spending and catching anything off.

  3. Identify Trusted Allies – Spend time with the people who’ve proven themselves loyal.

  4. Practice Letting Go – If you see red flags with someone, address it quickly before it turns into betrayal.

Quote of the Day

"To be trusted is a greater compliment than being loved."

- George MacDonald

Stay smart, protect your business, and win with the right people.

Until Tomorrow,

Mark Evans DM

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