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  • Business Development Tips to maintain a healthy relationship with fellow advisors and AMCs

    Tips to maintain a healthy relationship with fellow advisors and AMCs

    Relationships matter. Read on to get tips and advice on how to get along well with advisors and AMC officials
    Kanika Bhargav Apr 30, 2018

    Although it is important to maintain a good relationship with everyone, there are certain relationships which deserve more attention. For instance, fellow advisors and AMCs – you are likely to benefit by developing good relationships with them.  

    Here are a few tips that can help you build a healthy relationship with fellow advisors and AMCs.

    Advisors

    These are the people from whom you can learn, draw inspiration and get new ideas that can help you grow your business.

    Appreciate them: Acknowledge your fellow advisors’ achievements. Show your appreciation by sending a bouquet of flowers, a congratulations card or a handwritten note.

    Also, thank them when they help you. Doing this will open the doors to a great working relationship.

    Collaborate for programs: Find ways to include fellow advisors when working on or planning important projects. Find out their strengths so that you can work effectively. Conduct IAPs together and invite them to be a speaker in seminars you conduct. Also, make sure that you give them credit for the work they do.

    Share knowledge: Knowledge shared is knowledge gained. Share your knowledge with your fellow advisors. Offer them the benefit of your experience and ask them to do the same. By doing this, you will get insights into the trends they are following, the way they are managing their clients and software they are using – which you can further implement in your business.

    Be cautious on social media: If you connect with fellow advisors on social media, make sure you do not present an unprofessional side. Do not post irrelevant pictures and do not get into a comment war just to prove your point. Don't share confidential information about your business either.

    Restrict official connections to LinkedIn and add family and friends on Facebook.

    Be supportive: There will be times when your co-advisors might face tough times in their personal or professional life. Lend them a helping hand on such occasions. When you do this, others will help you in your times of need.

    AMC officials

    Invite them to social gatherings: Take out time to bond with AMC officials. You can invite them to social events to build a good rapport and spend time with them in a more relaxed environment. Learn what motivates and drives them to achieve their goals. You can also invite them for lunch or dinner. This will help you in building the foundation of a good relationship.

    Talk beyond business: Avoid talking about business all the time. Try to touch upon their personal life too. Find out some common interest so that you can break the ice with light conversation. This will help you maintain a friendly relationship with them.

    Be in regular touch: Stay in constant touch to keep the relationship on track.  A message or a quick phone call asking them about their health and work gives out the signal that you care and does wonders to maintain a healthy long-lasting relationship.

    Do not gossip: Set some boundaries. Do not get over-friendly. Also, do not bad-mouth or gossip about them if you have a conflict. Gossiping can only worsen the situation and can cause mistrust between you two. Instead, talk to them personally.

     

     

     

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    4 Comments
    Mangalore Prakash hegde · 6 years ago `
    A very good Article and written nicely and in simple way. We need more of such articles to take our business to the next level. Congrats
    GOPAL DULHANI · 6 years ago `
    Good article. Very useful.
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