Why does a business owner need to have the ability to compromise?

[Min George]

I have always said that the ability to compromise is a basic attribute that every business owner or leader must have.

In what aspects does a business owner need to compromise? Why is it necessary for a business person to have the ability to compromise?

 

[eLdavis]

When it comes to business, you are going to face a lot of persons with different characters, behaviors and the likes, to be able to cope with a lot of them, you need to let go of certain things just to scale through.

 

[Augusta]

So that you can have the wit to accommodate other people. you should always know that business works better with Compromise

 

[Suba]

Not only businessmen, in fact everyone also needs the ability to compromise. Compromise is a cooperative approach that is mutually beneficial. Businessmen often compromise with suppliers, and solve customer complaints.

 

[Augusta]

Yes if you want to do well you just have to compromise. you would gain better when you compromise for your customers

 

[King Belieal]

Even on the negotiation table, a business person that is able to compromise would easily secure and win negotiations.

 

[Augusta]

Yes, when a contract is ti be achieved you need to compromise and be flexible to be able to accomplish it

 

[Trush Jodie]

A business person should understand that in business, interests would always differ and they should learn to accommodate the interest of others too. That's compromise.