Power Play: Never be a cheapskate

Carry cash in your pockets at all times. Meeting for a coffee with a colleague, client or worker-bee? You pay. And don’t expense a three-buck coffee. It makes you look cheap and small.

No one with any class ever let the other guy pay. Especially someone who makes a lot less money.

The best advice I ever got? Cheapness travels. Cheap in the pocket? Probably cheap of character too.

Generosity seems to be a dying art. If you do pick up the tab for a peep you work with, don’t laud it over them. It’s not a favour to be repaid – it’s a courtesy you’ve extended. No quid pro quo.

You gotta start having a more relaxed attitude to money. Holding onto it too tightly is a bad habit. Not picking up the tab for the odd incidental expense is poor form.

You can help us (and help yourself)

Small and medium businesses and startups have never needed credible, independent journalism and information more than now.

That’s our job at SmartCompany: to keep you informed with the news, interviews and analysis you need to manage your way through this unprecedented crisis.

Now, there’s a way you can help us keep doing this: by becoming a SmartCompany supporter.

Even a small contribution will help us to keep doing the journalism that keeps Australia’s entrepreneurs informed.



Notify of
Inline Feedbacks
View all comments