A Lesson In Giving Trust (From My Wife)
Summary
- Trust is crucial, but you should be swift to reassess it if circumstances change.
- Personally, I'm quick to trust others when they say they'll do something because I take them at their word.
- In contrast, my partner is more skeptical and can spot warning signs I might miss; her intuition is often a valuable check against my own tendency to trust too readily.
- I've learned that being too quick to trust external parties like vendors can backfire, and it's vital to be equally cautious with who you trust outside and inside your organization.
- Experience has taught me that trust should be earned, especially in professional relationships, and that it's crucial to have mechanisms in place to evaluate trustworthiness consistently.
- When someone proves they're trustworthy and passes the necessary hurdles to become part of the team, they should feel fully included and supported.
- However, be prepared to withdraw that trust if there is a valid reason to do so; being loyal to your team's well-being means not ignoring red flags.
Video
How To Take Action
I would suggest being careful who you trust in business. When someone tells you they'll do something, don't just believe them right away. It's okay to give people a chance, but you have to watch for signs they might not be telling the truth. My advice? Be open but keep your eyes open too.
Think about how my partner does it. If she sees something off about a person or a deal, she listens to her gut. You should do that too. If something feels wrong, don't ignore it. That little voice in your head might save you from a bad decision.
You need to test people before you trust them fully, especially when you're working together. Set up steps that let you see if they're really on your side. Once they show they're good, let them know they're part of the team. Make them feel welcome and valued.
But here's the key: if they mess up and give you a big reason not to trust them, you have to be ready to take that trust away. Stay loyal to your team by being strong enough to say no. If someone's not right for your business, it's okay to change your mind. Remember, being loyal means looking out for your whole team, not just one person.
So, watch who you trust inside and outside of your business. It's important. Trust is a big deal. Make sure people earn it and keep earning it.
Quotes by Alex Hormozi
"Be fast to extend trust and be even faster to take it back"
– Alex Hormozi
"If you passed all these walls you're in now"
– Alex Hormozi
"You're on the team and we will treat you like you are on the team"
– Alex Hormozi
"If you give us reason to not trust you we will take that back"
– Alex Hormozi
"I was really fast to extend trust externally to vendors and partnerships"
– Alex Hormozi
Full Transcript
be fast to extend trust and be even faster to take it back I tend to be the more trusting of the two of us because I you know someone's like I'll do XYZ I'm like sure he said he do it why wouldn't you do it she's like did you not see the flashing scam sign over his head that just Vegas lighting to being like I'm a scam I was like oh no I didn't see that basically of your partnership that I have done that has gone or ey Ila strongly voiced her opposition towards and I steamrolled her but secondly I was really fast to extend trust externally to vendors and Partnerships and things like that but really slow to extent internally and I think she is that flipped she's really slow to extend trust to people outside but on the inside if she's like okay if you passed all these walls you're in now like you're in like you're on the team and we will treat you like you are on the team but if you give us reason to not trust you we will take that back