Reputation is everything
Recently, I wrote about knowing when to walk away and how trust can evaporate quickly. That lesson doesn’t just apply to people or projects, it applies to business relationships.
Reputation isn’t something you own outright. It’s borrowed from the company you keep. Your vendors, contractors, and customers become part of your story. And their failures, shortcuts, and scandals will bleed into yours.
I know of a company here in Tennessee that outsources its legal work. On the surface, nothing unusual. But the firm they chose has a partner with a serious criminal conviction that kept their job. That fact doesn’t stay buried, it’s a shadow that follows every deal they sign. Other companies notice who you choose to work with. They research who you’re tied to. If they don’t like what they find, they’ll walk. Quietly. You won’t get a phone call or a warning. The deal will just evaporate. The contract will never land on your desk. And you’ll never know what you lost.
Most serious organizations already have ethics clauses in their vendor agreements and they don’t just file them away. They back them up with random background checks and periodic reviews. Because the cost of finding out the hard way is far greater.
If you don’t have these standards in place, you’re gambling with your reputation. And when it blows back, it won’t matter how sharp your strategy is or how competitive your pricing looks.
Because no one wants to explain why they partnered with a company that looked the other way.
Leadership isn’t just about performance it’s about judgment. If you don’t know when to walk away from the wrong relationship, someone else will make that decision for you.