What is more important for your success? Seeking justice in a situation that may take months of time and significant financial resources, or focusing on solving a problem quickly so you can move on to the next opportunity? Join Dave Hamilton and Shannon Jean today as they discuss the steep price of Justice.
- 00:00:00 Business Brain – The Entrepreneurs’ Podcast #443 for Wednesday, April 26th, 2023
- 00:01:49 The Rental from Hell
- 00:07:21 SPONSOR: Thinkific Plus is a powerful training platform that lets you create materials to educate your customers so they stay being customers. Get one month of Thinkific Plus FREE at Thinkific.com/BusinessBrain today.
- 00:09:13 Justice-Seeking vs. Productivity. Pick One.
- Beware of getting sucked into negativity
- You’re eating the poison thinking it’s going to hurt the other person
- Two Tokens of Customer Service
- 00:20:49 BB 443 Outtro
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This AI-generated Business Brain article can provide more background and resources related to this topic.
## Use your business brain.
We all have a business brain, and it’s essential to use it in all areas of life. Business Brain is a podcast that encourages entrepreneurs to use their business skills to help them in their personal lives. On the show, we discuss scenarios sent in by listeners and use our business brains to help provide perspective.
Take, for example, the scenario of the “rental from hell” sent in by one of our listeners. A couple had moved out of Los Angeles to La Quinta, California to plan their wedding and work on other projects. They paid $52,000 upfront for the rent and security deposit. After they moved in, they realized the property was owned by the drummer of Guns N’ Roses, Frank Ferrer. They quickly realized the house was full of problems, from a leaking roof to a broken pool filter and a malfunctioning garbage disposal. The management company was not very responsive to their problems.
The couple used their business brains to handle the situation. They got creative and used the press to bring attention to their plight, and eventually the landlord offered to buy out the last half of their lease so they could move out. This is a great example of how using your business brain can help in difficult situations.
We all have our own business brains, and it’s important to use them in all areas of our lives. Whether it’s a business or personal problem, having a business brain can help us to think outside the box and come up with creative solutions. It’s also important to remember that sometimes, the best solution is to work with the other party to come to a mutually beneficial agreement. By using our business brains, we can more effectively navigate difficult situations.
## Seek justice, but expect payout.
A great example of this is the story of a group of tenants who were wronged by their property owner. Instead of simply accepting the injustice and moving on, they decided to seek justice and stay in the property on a month-to-month lease while they pursued accountability. This is an admirable action, and it speaks to the justice-seeking nature of many of us.
However, it’s important to remember that when seeking justice, we shouldn’t expect a perfect outcome. In fact, it’s more likely that we will receive a payout instead. This is something that Shannon, the speaker in the podcast, learned firsthand. After being involved in three lawsuits, she was told by her attorneys that justice is rarely served. Instead, they said that the best outcome to expect is a decent payout.
This is an important lesson to remember. We should always seek justice, but we should also expect a payout if we do. To do this, we must use our business brains to think outside the box and come up with creative solutions. We should also remember that working with the other party to come to a mutually beneficial agreement is often the best solution. By doing this, we can more effectively navigate difficult situations and ensure that justice is served.
## Seek productivity, not justice.
In my own experience, I have seen how seeking justice can be a distraction from productivity. A few years ago, I was involved in a lawsuit over a piece of software that was critical to our business. We had invested a lot of time and money in it, and the other party was trying to take it away from us. We had to fight for our rights, and it was a long and expensive process. Even though we eventually won, it was a massive distraction and cost us a lot of time and money.
The lesson I learned from this experience is that it is important to seek productivity instead of justice. We should always strive for justice, but it is not always worth it to go down the road of litigation. It can be expensive, time consuming, and emotionally draining. Instead, it is important to look for creative solutions that will benefit both parties. Negotiating with the other party, seeking mediation, and finding other ways to mitigate the situation are often better solutions.
In conclusion, seeking justice is important, but it is not always the best solution. We should always look for creative solutions that will benefit both parties. By doing this, we can ensure that justice is served without sacrificing our productivity.
## Mitigate, don’t sue.
The phrase “mitigate, don’t sue” is a great way to think about resolving conflicts. In the podcast, the speaker talks about how he was sued by someone who was trying to hurt him. He could have easily walked away, but instead he chose to engage. He chose to try and find a path out of the situation. This is a great example of how we should approach conflicts.
When faced with a conflict, it is important to look for creative solutions that will benefit both parties. Instead of resorting to lawsuits, we should look for ways to mitigate the situation. This could mean coming to an agreement, negotiating a settlement, or finding a compromise. By doing this, we can ensure that justice is served without sacrificing our productivity.
The speaker in the podcast also talks about how important it is to move on once a conflict has been resolved. He talks about how he often had to have conversations with employees about not letting customers get away with something. He emphasizes the importance of not letting a conflict take up too much of our time and energy.
The phrase “mitigate, don’t sue” is an important reminder that there are other ways to resolve conflicts. We should always look for creative solutions that will benefit both parties. This will ensure that justice is served without sacrificing our productivity. By doing this, we can ensure that we are living a charmed life.
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