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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 May 30, 2023
S9E9: How Can Investors TRUST Entrepreneurs Enough to Invest?
Tuesday May 30, 2023
Tuesday May 30, 2023
You may know that I was (still am) a serial entrepreneur. You may not know that I was one of the founding members of the North Texas Angel (investor) Network, and made investments in startup companies. Startup companies heavily depend on investments from Angel investors. But investing in a company in such an early stage is a high-risk proposition. You may lose your entire investment.
Trust plays a major role in making that investment decision.
In this episode, I am happy to introduce a friend of mine, one of the early members of the North Texas Angel Network, a serial entrepreneur himself, and a serial angel investor, Jim Fontaine.
Together, we will discuss how angel investors decide if they trust the entrepreneur enough to invest in their startup company in such an early, risky stage.
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