Who do you trust?

Who Do You Trust

I was reading an article recently about Warren Buffet's "rules" for how he chooses companies to invest in. One of these states that, if he doesn't trust the CEO of the company, he doesn't invest. No matter how good the numbers, the fundamentals, the market share, if Buffet doesn't trust the CEO, he is not investing.

This is great advice for all aspects of our lives, but especially true when it comes to investing in long-term technology such as an association management system. You must have absolute trust in your AMS vendor. After all, you're going to be (better be!) with them for a very long time.

I've written before about how your relationship with your AMS vendor is much like a marriage. Most would agree that the best, longest-lasting marriages are based on a foundation of trust.

So ask yourself? Do I trust my vendors?

Wes's Wednesday Wisdom Archives

Opting out and communication preferences

September 4, 2024

Opting out and communication preferences Last week’s newsletter discussed the need for associations to collect mobile […]

Are you collecting mobile phone numbers? You should be.

August 28, 2024

Are you collecting mobile phone numbers? You should be. Are you collecting (and using) the […]

Spend less time on data management and more on higher value activities

August 21, 2024

Spend less time on data management and more on higher value activities Data management is very […]

Change anything you want, except your name!

August 7, 2024

Change anything you want, except your name! This is an oldy but a goody, but […]

If you don’t trust your vendor…

July 24, 2024

If you don’t trust your vendor… When I start an AMS selection project with a […]

Your RFP should go to no more than five vendors!

July 17, 2024

Your RFP should go to no more than five vendors! As a rule, when I […]

Be concise!

July 10, 2024

Be concise! I started a monthly newsletter almost 25 years ago (which I recently discontinued). […]

A great example of a data integrity report!

June 26, 2024

A great example of a data integrity report! A couple months back I discussed the […]

“If you keep doin’ what you’re doin’, you’ll keep gettin’ what you’re gettin’.”

June 5, 2024

“If you keep doin’ what you’re doin’, you’ll keep gettin’ what you’re gettin’.” I saw […]

Rather than adding something new, try subtracting

May 29, 2024

Rather than adding something new, try subtracting I read recently that sociological research suggests, when presented […]

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