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A bad reputation has far reaching impacts on us than we would have cared to notice. Just because you might not immediately quantify the value you are losing doesn't mean you are not losing a thing. Here are just a few things we stand to lose when we create a bad reputation.
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Man is a social animal. I once saw someone derive from a pencil, hundreds of direct and indirect relationships attached to making that pencil. They said that even those people who didn't like each other contributed to the manufacturing of the pencil. However, we do relate closely based on each other's reputation. If we have a bad reputation, we have messed up our relationships. Listen to this.
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At times, we take lightly the bad reputation we create around us because we have not quantified in numbers of revenue how much that behavior will cost us. There will always be a downside to a bad reputation, all the time. When you put the numbers to it, you realize just how much you are losing. Listen to this.
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Merit is something we tout a lot. In an ideal world, merit will take you places. However, there is something much more powerful than merit and that is favor that gives you access. Some might say that it is unfair to have favor over merit...but in reality, we all operate more with favor than with merit. Listen to this.
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What you see is not what you get when it comes to reputation. Reputation has a connection to what we do not see, the roots. These can either be good roots or bad roots depending on your actions. Here is why when you lose trust, it's not the only thing you are losing.
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As you might now know, a reputation, even though a qualitative thing, always will lead to quantitative value if well crafted and maintained. It will also lead to quantitative loss of value if it is not well maintained. That's the great value of a reputation. We need to understand it more. Listen to this.
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When all is said and done, one does life ostensibly through their reputation. The sum total of my success is the average of the connections that I have made through the reputation that I have kept. Here is how we can maintain a good reputation in summary.
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We keep a reputation by being consistent in keeping a promise that we are known for, and the integrity that we stand for. A reputation is a massive asset and tool for our progress and growth. That's why we need to keep it by staying constant in purpose. Listen to this.
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The opposite is true. When you are found out in your misdemeanours, the worst you can do is try to argue your way out of it. Admitting our wrongs might be a very hard thing to do on our part, but it goes a very long way in helping salvage a broken reputation. Listen to this.
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When creating a SWOT Analysis, we normally ask this question: What could happen to your business if it grew ten times overnight? Whatever the case, that growth could have been caused by a great reputation. That reputation could be caused by great standards you maintained. So what do we do? Listen to this.
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