In the long run, the only type of relationship that endures is the mutually beneficial one. One-sided relationships — whether they are vendor-customer, spouse-spouse, or friend-friend — either do not last or create prolonged dissatisfaction.
Nobody ever disagrees with this notion, yet very few people actually engage in this way of relating.
I find this peculiar.
I have a few theories as to why this is the case… and, more importantly, how to very easily make mutually beneficial relationships a major asset in your personal and professional life.
I think there are several reasons why people don’t engage in mutually beneficial relationships.
First, these types of relationships are not role modeled in various types of media (social media, movies, television, etc.).
Much of social media culture is about showing others the best parts of your life and observing the best parts of other people’s lives.
It’s not generally about our lives together.
If you look at traditional media, so much of it is implicitly geared toward a better-than/less-than perspective on the world.
“Look at those [insert a particular political or demographic group here]… they are so [insert negative adjective here].”
There’s more polarization than ever… And much less “Let’s agree to disagree and grab a beer together, talk about it, discuss, exchange ideas, and learn from one another.”
Academic culture focuses on grades, scores, and percentile ranks. It’s a competition. Only so many people can get into Harvard each year.
Come to think of it, corporate job-seeking culture has a similar tendency. Only so many people get a job offer from McKinsey each year.
There are very few places where the focus isn’t about winning vs. losing or being better than vs. less than someone else. There are very few places where the focus is on helping each other achieve our goals, meet our needs, and prosper.
In fact, I’m having difficulty finding even one example of this in mainstream culture.
However, mutually beneficial relationships are an incredible asset in life and in one’s career. They provide resources to draw upon in a time of need. They provide referrals, introductions, and access to opportunities. Everybody loves this.
So, what’s the key to having mutually beneficial relationships in all facets of your life?
Very simple.
Be as concerned with how others benefit from being in a relationship with you as you are with how you benefit from being in a relationship with them.
Re-read that last sentence. It’s the key to building and nurturing mutually beneficial relationships.
With clients, it’s simple. Don’t ever do a deal with a client where they don’t get a big win from doing business with you. (And make sure you get a big win too.)
With friends, it’s also simple. Ask them, “How can I make our friendship more beneficial and meaningful to you? How can I support you? How can we make our friendship more satisfying?” (And ask if they would be willing to hear what would make the friendship better for you.)
With significant others, it’s simple as well. Check in with them to see how satisfied they are with your relationship together. Ask if it could be better and what would need to happen for that to be true. (And ask if they would be willing to hear what you would like that would make the relationship better for you.)
Asking others how to make the relationship more beneficial for them doesn’t automatically mean you will do what they want.
It means you care about what they want and how they could benefit from you.
Sometimes, what they want conflicts with you getting what you want, and it takes some effort to negotiate and find a third, fourth, or fifth option that gets you both more of what you want.
Other times, what they want has a huge benefit for them but only causes a minor inconvenience for you. That’s an easy one to say “yes” to.
At times, what they want is of small benefit to them but incurs a major cost for you. That’s an easy one to say “no” to.
Sometimes, what they want, you can’t or don’t want to do… or don’t want to do right now. But at least you considered it, and that counts for something in the long run. In addition, you can keep in mind what they want in case your situation changes or you come across a person or resource where an introduction or referral would be welcomed.
Mutually beneficial relationships aren’t actually that hard. It just takes some thoughtfulness, consideration, and a little bit of effort.
Let me know your thoughts on this by commenting below.
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2 thoughts on “Mutually Beneficial”
Victor has a talent of explaining things in a specific and simple way. Reading this article, I was thinking of one of his courses talking about how to negotiate with people by cutting the bargaining chips into small slices for trading, and always asking the why instead of what to find out what the other party really wants. This article is also very specific and I get to know how to build mutually beneficial relationships and on what standards, so that I don’t hurt the other party and also myself. Thanks Victor, you’re brilliant.
Great article! This reminds me of “Think Win-Win” from the Seven Habits of Highly Effective People. Indeed, the overabundance of bad role roles in mainstream media and the lack of good role models is a huge reason for why so little people think win-win.
I would add that the key to achieving a win-win solution is to not focus on WHAT you each want but WHY you each want what you want. For example, recently my father wanted to go out for a meal, while my mother wanted to stay indoors. These two things are mutually exclusive. But then I asked each of them WHY they wanted what they want. My father said it’s a special occasion, we should do something special. My mother said COVID is serious and I’m tired and I don’t want to go out. So I said how about father and I go get some good takeout from that restaurant we like and bring it home for all three of us to eat together. Each person’s needs were met.
This solution sounds simple and obvious when explained, but most people are stuck in the habit of thinking win-lose and arguing about the matter at hand rather than on brainstorming how everyone can be happy.