Building Deeper Business Relationships Through Personal Connection

Garrett Gunderson
building deeper business relationships through personal
building deeper business relationships through personal

I recently heard a story that stopped me in my tracks. The CEO of Pepsi Cola made a decision that exemplifies what true leadership looks like. She identified the 16 key executives reporting to her from around the world and did something remarkable – she wrote personal letters to each of their parents.

This wasn’t a publicity stunt or a corporate strategy from the playbook. It was a genuine human connection that transcended business relationships. What struck me most was learning that when one of these executives later cleared out their mother’s nursing home room, they discovered only one item hanging on the wall: that letter from the CEO.

The Hidden Power of Personal Investment

This story highlights something I’ve believed throughout my career: business success isn’t just about financial investments – it’s about investing in people on a personal level. As someone who achieved financial success early in life, I’ve learned that money alone doesn’t create lasting impact or loyalty.

What the Pepsi CEO understood was that acknowledging the foundation of who her executives were – recognizing the parents who raised them – created a bond that no compensation package or promotion could match. This wasn’t just kindness; it was brilliant leadership.

When we take time to see the whole person behind the professional role, we tap into something powerful. People don’t just work for paychecks – they work for purpose, recognition, and human connection.

Small Actions, Enormous Impact

The beauty of this approach is its simplicity. Writing letters costs almost nothing but time and thought. Yet the impact was so profound that this letter became a treasured possession – the single item worthy of wall space in a nursing home room.

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This reminds me of several key principles I’ve observed in successful business relationships:

  • Personal connections often matter more than professional transactions
  • Recognition that extends beyond the workplace creates deeper loyalty
  • Understanding someone’s roots helps you understand their values
  • Small, thoughtful actions can have disproportionate emotional impact

Too many leaders focus exclusively on metrics, KPIs, and bottom lines. While these matter, they miss the human element that drives true engagement. When I coach business owners in the financial services industry, I emphasize that clients stay because of relationships, not just returns.

Applying This Wisdom

How can we apply this insight? Consider these approaches:

  1. Identify the key people in your professional circle whose success impacts yours
  2. Learn about their personal background, values, and influences
  3. Find meaningful ways to acknowledge the people who shaped them
  4. Make these gestures private and personal, not public and promotional

The goal isn’t manipulation or strategic advantage. It’s genuine connection. When I implemented similar approaches in my businesses, I saw not just improved performance but transformed relationships. People work differently when they feel personally valued.

What makes this Pepsi CEO’s approach particularly effective is that she didn’t just acknowledge her executives – she honored their origins. This demonstrates a level of emotional intelligence that separates exceptional leaders from merely competent ones.

The Return on Emotional Investment

In financial terms, I often talk about ROI – Return on Investment. But there’s another ROI that matters just as much: Return on Emotional Investment. The Pepsi CEO’s letters represent a small emotional investment that likely paid dividends in loyalty, motivation, and commitment.

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This isn’t just feel-good leadership; it’s smart business. People who feel personally valued bring their best selves to work. They go beyond transactional efforts to transformational contributions.

As we navigate increasingly digital and remote work environments, finding these human touchpoints becomes even more critical. Technology connects us efficiently, but it’s these personal gestures that connect us meaningfully.

I challenge you to think about your key relationships – professional and personal. How might you acknowledge not just the people themselves, but those who shaped them? What small gesture might end up being the one thing someone treasures enough to hang on their wall?

That’s the kind of investing that creates returns no balance sheet can fully capture.

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Garrett Gunderson is an entrepreneur who became a multimillionaire by the age of twenty-six. Garrett coaches elite business owners in the financial services industry. His book, Killing Sacred Cows, was a New York Times and Wall Street Journal bestseller.