As an Entrepreneur, You Should Never Eat Lunch Alone

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Per the oft-taught lesson about on the importance of your network, you should never miss an opportunity to have lunch with a potential or current partner, employee or especially, customer.  Most people eat lunch every day; why not make it pay off financially as well as nutritionally?  And if someone is worth having lunch with, they are worth buying lunch for.  Look at it as a cost of doing business – what you will spend will come back to you many times over, particularly if you make good choices regarding with whom you dine.  Select the people you lunch with based on the goals that are most relevant to you, not just now, but six months or a year plus from now.  Your interest in your dining partner must be sincere however; if it’s not, it will be very transparent and actually cause you more harm than good.  If you don’t already, learn to genuinely enjoy learning about other peoples’ businesses and exploring ways you may be able to work together now, or in the future.  It can be one of the most personally and financially rewarding aspects of running your business.  For those of you working from home, you may do this less, but you still need to make the effort to do it when you can.  It will pay off..

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Paul is a serial entrepreneur, strategic and risk management advisor, marketer, speaker and coach who has dedicated the majority of his career to entrepreneurship, leadership and peak performance. Paul has worked with various entrepreneurial companies in senior management roles and has led the development, review, and selective implementation of several hundred start-up and corporate venture business plans, financial models, and feasibility analyses. He has performed due diligence on and valuation of many potential investment and acquisition candidates. Paul was also the Director of a consulting operation in Wharton Entrepreneurial Programs and holds a Bachelor of Science degree in Economics and an MBA from the Wharton School of the University of Pennsylvania. Paul has lived, worked, learned and traveled extensively in Latin America, Europe, and Asia and speaks and writes English, Portuguese, and Spanish.

1 Comment

  1. Hey Paul,

    Love this post. I spend too many days eating lunch at my desk, thinking it is more productive. This gives me a different way of looking at things…and enjoy myself having lunch with colleagues. Thanks for a great tip.

    Laurie

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