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Recognizing the Signs of a Dead Deal


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Melissa discusses the critical role of trust in business relationships and how to recognize when a deal is no longer viable. She shares personal experiences from her corporate career, emphasizing the importance of building and maintaining trust, the consequences of lost trust, and strategies for assessing trustworthiness in potential partnerships. Melissa encourages listeners to act with integrity, recognize when to walk away from a bad deal, and maintain professionalism throughout the process.

Takeaways

Trust is the foundation of any successful business relationship.

Recognizing when a deal is dead is crucial to avoid prolonged issues.

Building trust takes time and effort, but it can be lost quickly.

Understanding the backstory of a potential client is essential.

Specificity in contracts can prevent misunderstandings later on.

Open communication with decision-makers is vital for success.

Prolonging a bad deal can damage your brand and finances.

Acting with integrity is key, even in difficult situations.

It's important to assess trustworthiness before entering a deal.

Sometimes, walking away is the best option for all parties involved.

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Opt InBy Melissa Franks