Though negotiations are a rough game, you should never…
“Though negotiations are a rough game, you should never allow them to become a dirty game. Once you've agreed to a deal, don't back out of it unless the other party fails to deliver as promised. Your handshake is your bond. As far as I'm concerned, a handshake is worth more than a signed contract. As an entrepreneur, a reputation for integrity is your most valuable commodity. If you try to put something over on someone, it will come back to haunt you.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Business deals should be honored; integrity and reputation outweigh legal contracts, as broken promises damage trust and future opportunities.
In simple terms: Keep promises, value reputation.
Key Takeaway
Honor agreements, protect reputation.
Themes
integrity
trust
reputation
business ethics
contracts
Mood
cautious
determined
Type
ethical
practical
When to use this quote
- negotiations
- entrepreneurial ventures
- partnerships
- client relations
Key Concepts
Moral philosophy
social capital
contract law
Questions to Reflect On
- How do you handle a partner who fails to deliver?
- When is it acceptable to renegotiate a deal?
A Different Perspective
Rigid adherence to contracts can ignore legitimate breaches or changing circumstances.