Establishing credibility is crucial for driving meaningful change in an organization. Credibility is built on proven competence, integrity, and relationships.
Having a track record of delivering results is essential for gaining credibility. Start small, show competence, and build trust over time.
Building relationships by supporting others is key to establishing credibility. Help others achieve their goals and earn their trust before asking for favors.
The key to successful venture capital investments is building strong and genuine relationships with the founders.
Investors must prioritize trust, communication, and altruism in their relationships with the founders and their teams.
Venture capitalists have a responsibility to empower and support founders, focusing on the people aspect of investments rather than just the financial aspect.