Business Quote by Mahathir Mohamad
“If you know each other well, you want to do business with people you know well. You don't do business with strangers.”
About This Quote
Source Speech: Business advice, 1990s
Knowing people well builds trust, making business dealings safer and more effective than with strangers.
In simple terms: Trust comes from familiarity.
Key Takeaway
Prefer doing business with known contacts.
Themes
trust
relationships
business
networking
Mood
practical
strategic
Type
advisory
motivational
When to use this quote
- entrepreneurship
- partnerships
- investment
- team building
Key Concepts
social capital
risk management
Questions to Reflect On
- How can you build trust quickly?
- What are the limits of familiar networks?
A Different Perspective
Strangers increase risk.
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![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)
