by Rick Baker
On Jun 14, 2013
More thoughts about “Customers Pay Me”
Failure to pay is a personal insult: you have been told, directly, you are not important to the customer
Violates the principle of being best [i.e., best in class]
Good Credit & Collection policy reduces risk of facing this
Good Contracts reduce the likelihood of disputes caused by confusion
Non-payment should be a huge red flag…and
This applies also when we are the customer – i.e., Pay Our Suppliers
- Failure here is a personal insult: you are telling your supplier, directly, they are not important to you
- Violates the principle of being best
- Our Good Credit is at risk, and should never be taken for granted
- Non-payment should be a huge red flag of our performance failure
***
And related to "Customers Pay Me" the broad principle "Pay Me"
"Pay Me"
Pay Well
Pay on time
Pay accurately
Pay for Performance
Earn what you receive
Pay is Extremely Personal
Pay is not a topic for open discussion with others