Trustworthy people understand their own capabilities and will work to develop new skills and capabilities over time.
But chasing after riches is not a good intention that will net you trustworthy relationships in the long run. You may need to develop a new intent after learning this. You need to develop a positive intent for your actions and business model rather than simply trying to earn short-term profits. This vulnerability is rarely seen in the business world, but it is absolutely crucial for any trustworthy person.Ĭovey says that the second major trustworthy attribute is content. Covey describes integrity as the ability to be honest whatever you can, even if you mess up or make a big mistake that costs your business time and money. You must first trust yourself by developing four major aspects of your personality and leadership style.īusinessmen and women who are trustworthy will always have integrity. Covey likens trust to self-confidence, which is only created when your competence and your character integrity come together. It also avoids having to pay exorbitant fees for certain bureaucratic security measures that people who trust each other do not need.īefore you can trust others, you have to first trust yourself. This is because making transactions go more smoothly and quickly necessarily lowers your operating costs. In keeping with the above, Covey contests that relationships that are founded on trust can lower the cost of your business model. Covey attests that trustful relationships allow business to proceed more smoothly and quickly. Many business relationships are rooted in the idea that both parties can’t trust each other, so certain bureaucratic checks and balances must be maintained for operational security. This book is primarily useful to businessmen and women because it insists that relationships that are founded on trust are much faster, especially when it comes to doing business. A 3 Minute Summary of the 15 Core Lessons Within, Covey describes techniques that business leaders can use to inspire trust in both their followers and their customers, which is useful when compared to bureaucratic policies that assume maliciousness. The Speed of Trust is a 2006 book by Stephen M.