Complex Business Relationships Are Very Important

Why are some people CEOs of publicly traded companies or managers of billions in funds? Fundamentally, it’s because people trust them. They are trusted because they’ve built or integrated business relationships.

All rewards in life—whether in wealth, relationships, or knowledge—come from compound interest.

If you maintain a good reputation and nurture it for decades, people will take notice. If you’ve worked with someone for five or ten years, they’ll trust you especially deeply, and minor flaws won’t matter much.

In business relationships, all routine negotiations can proceed simply, because mutual trust exists.

When you find the right person to partner with, invest deeply. Don’t obsess over short-term gains or losses. Sticking with this approach for decades is what will deliver massive returns in both relationships and money.