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Trust is not what you think it is. It is not absolute or universal. Trust is relative. The same behavior that would cause one person to trust you could cause another person to distrust you. The level of trust someone has in you is the product of their trustfulness (their willingness to trust other people) and your trustworthiness. There is almost (I said ALMOST) nothing you can do about the former, and everything you can do about the latter. Because of that, you must evaluate your own trustworthiness one relationship at a time, separately. Odds are, though, that the same behaviors that are holding you back from being more trusted in one relationship are holding you back from being more trusted in other relationships. Welcome to The Trust Show. I’m your host, Yoram Solomon, a top 10 trust expert and researcher, the author of the book of trust, and the creator of the Trust Habits® workshop that helps people and organizations form new habits that change old behaviors, build trust, and transform organizations. In this educational podcast, I will challenge you to think differently about trust, through the 8 laws of trust and the 6 components of trustworthiness. I will share my own stories, experiences of others, trust research, and sometimes, reflect on a news item. And through those, I will show you how to build trust, be trusted, and know who to trust. Because the answer to this question will have the biggest impact on your personal and professional, success or failure: can you be trusted?
Episodes
Tuesday Oct 03, 2023
S11E1: Trust Premium: The Research Begins Now
Tuesday Oct 03, 2023
Tuesday Oct 03, 2023
In this episode, I'm excited to introduce a game-changing project: Trust Premium. Traditional sales methods no longer cut it in a world saturated with spam and cookie-cutter sales techniques. Customers now buy from people they trust. Period.
My initial research revealed that customers are even willing to pay a premium of nearly 30% for trust. Imagine increasing your prices by this amount without changing your cost structure—resulting in a remarkable 150% boost in net profit.
This isn't just theory; it's a practical solution. I've launched a research project that includes tools, assessments, training, and a fresh approach to building customer trust. And it was never done before. I checked.
In this episode, I’ll tell you all about it. And it’s exciting. Trust me.
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