In this episode, we discuss how the only ship that sinks is a partnership and how need to focus on creating a bond stronger than a partnership in order to be successful.
Full Transcript
Hi Everyone, welcome to the You’re Daily Cup of Joe Podcast, with your host Joe Bautista. In this podcast, my goal is to give you quick lessons that you can reflect on in your journal so you can grow yourself physically, mentally, emotionally, and spiritually and have a better career, better relationships, and better personal finances while you enjoy your morning cup of coffee.
I’m also the author of the book “More You Know, More You Grow: How to Get Better Every Day”. In this book, I wrote down over 30 tips to help you grow in those four cornerstones. I’m also the founder of Grow With Joe, where I combine self-development coaching and financial planning for Latino Professionals.
At the end of today’s podcast episode, I’m going to give you a prompt question to reflect on in your journal. The idea is to take one to five minutes to reflect on today’s lesson and write a minimum of one paragraph on how you can apply the lesson in your life. You can use an actual journal, a word document like on Google Drive, or your note-taking app like Evernote. The idea is that you’re actually thinking about how to process the information to help you improve your life.
In today’s episode, we’re are going to talk about how the only ship that sinks is a partnership. You need to have more than a partnership, you need to have a bond with those in your life. This applies to your personal relationships and your business ones. Partnerships are agreements that we want to have a similar future. A bond is where you have a tight relationship where you can handle any storm.
In the book, Good To Great By Jim Collins, you learn that one of the things that make companies great is that everyone on the bus, wants to be on that bus and is qualified to be on that bus. Some people might want to be on your bus but want to go in a different direction. If this is the case then it’s not going to work out in the end.
When I worked at my last firm, I wanted to focus on a different group for financial planning and the established company already had a niche. When I first joined them, I wanted to get into financial planning and they seemed like the best fit. In the beginning, they told me what their niche was and that I thought I could do it.
I followed their plan as little as I could and focused on what I thought was best. I remember them telling me I should focus on a different group, and eventually I left. Plus I didn’t really feel that much loyalty to the company because it felt like a partnership.
Do this and we’ll give you this. Plus when management and the executives came around, I felt an ughh feeling like I don’t want to deal with this folks. So when I found out that I could start my own company where I can focus on Latino Professional, I jumped ship. I was on the wrong bus or in this case ship, and that ship sank.
I can say I learned a lot of business and life from working there, the saying that the only ship that sinks is a partnership was very true with my last company.
The same thing can happen to your relationships. If you don’t have a tight bond, then the first or second time that something serious happens, things are going to fall apart. Going into my next serious relationship, I want to make sure that everything is out in the open when our needs, wants, and expectations. The same should be said in a business relationship. This will ensure that you grow together instead of apart. Sure there will be fights and everything because things won’t be perfect but those fights will cause us to get stronger. I don’t really like to fight and it’s something I need to work on. But I know what I need to work on for the next thing.
Having a sinking ship is exhausting to deal with and I don’t want to deal with it again. You’ll get farther in life if you have a boat that can sail instead of constantly sinking. I’m working for myself right now but I know in the future I’m going to have to hire people in order for me to accomplish my dreams. So when you hear the saying the only ship that sinks is a partnership, that doesn’t mean you should do everything on your own because we can’t as people. That’s another way to sink. But if you don’t go into a relationship without the right mindset or tools, then it’s not going to be a very strong one. It took me a lot of time and mistakes to figure out how I should treat relationships and now I know what to do.
That’s it for today’s episode, to summarize it, the only ship that sinks is a partnership. So when you go into something with someone else, you want to make sure you have a bond. Partnerships are loose agreements on what should happen and not everyone could be one board with what is happening. When this happens and the first storm hits, then the ship is going to sink. Then you have to start all over and it can be messy to fix. To prevent this, you want to make sure with any relationship, either with your career, your business, friends, family, and significant other, that you’re on the same page with your needs, wants, and desires. A person can only go with something for so long before they decide they don’t want to go down the path anymore. So make sure you brush up on your communications skills and have the courage to express what you really want. This will help you survive all future storms.
So in your journal, ask yourself, is there a relationship that is on the rocks in your life? How can you make the relationship stronger? Do you need to abandon that relationship because it’s not a good fit? Even if you have to have a tough conversation, the outcome will probably be better than the current situation you’re dealing with. You basically have three choices, deal with it, and accept not living life on your terms, go through the shipwreck, or make the ship stronger. Your current situation will determine what path you take but just do what is best for you.
Thanks for listening today! To get a free copy of my book “More You Know, More You Grow: How to get better every day” just go to my website growwithjoe.me/book and just pay for shipping and handling.
I have a quiz on my website that grades your inner circle, so if you want to find out if your inner circle is an A, B, C, D, or F, you can take that quiz at growwithjoe.me/quiz
I’m also trying to do a feedback Friday episode, so if you have a question that you would like to have my answer on the air, just e-mail me at [email protected]
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Thanks for joining me today and remember if you go with Joe, you can grow with Joe, cause Joe knows Dough.
*Music outro
