Trust is a major factor in business but trusting someone is not all that easy today.

Even the most trustworthy people lose trust and become doubtful once they are betrayed and in business it is very easy to get betrayed. However, if there is no trust your customers won’t be happy and your employees will never be loyal. Managing trust may be difficult but it is not impossible.

Here are a few tips from experts to help you out:

Demonstrate Trust

You have to prove that you are trustworthy in order for people to follow suit. Your employees will mainly give you what you give them. Therefore, you should demonstrate trust in two ways. One, you should let them know that you trust them by giving them all the information they need to complete a particular task. At the same time you should keep all your commitments so that you come across as someone who’s words can always be trusted. In order to do that, make sure you are careful about what you choose to say and when.

Take the Risk

The truth is that at some point or the other people will lie to you. But does that mean that you eye everyone suspiciously and never trust anyone? No. If you do that, you will have a negative impact and even trustworthy people will resort to lying. Thus, you should accept the fact that you might be deceived and you should be positive. You should offer your trust to everyone and even if you get deceived you shouldn’t let it affect your approach. This will help you be more successful with your employees.

Give them A Second Chance

It is okay to give someone another chance but you should stop at that. There is no ‘third chance’. If you see someone cheat you twice, you should take action, probably show him or her the door. You do not need to keep up with someone whom you can’t trust at all. Find another solution instead of hoping that the person will magically learn a lesson and stop lying to you.

Do some Research

As aforementioned, it is okay to offer trust but it is also advisable that you do some homework and find out if an employee or customer has a reason for you to not trust him or her. If you have no reason, you should be trustworthy.
Trust freely but don’t ever trust someone blindly.

Entrepreneurial Learning

Trusting someone takes a lot of effort and courage mainly because today, not many people demonstrate trustworthiness. However, in business you have to give others the benefit of doubt and trust them unless they give you a reason not to. Don’t be blindly trusting but don’t be suspicious at all times either.

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