The Power of Trust
It’s a powerful concept; almost like grabbing a tiger by the tail. Once you get a grip on it, your income and revenues will soar!
Ralph was a talented businessman and—in most respects—a natural-born entrepreneur. He’s made several fortunes in his life, but he’s lost them too. He started off as a stock broker soon after completing college and eventually went into investment banking. His entrepreneurial spirit “caught wind” in his sails and decided to retire from the brokerage and branch out on his own.
He went into property investments of various sorts, commercial, residential and multi-units. Eventually he and his wife moved to a small town and bought a convenience store, gas station and a motel.
As I write this, he’s starting over again—for the fourth time. His life is a roller coaster and he wants to get out of the motel and convenience store/gas station business. Only one problem: nobody is buying, and the banks aren’t loaning money. And he’s losing his shirt and can’t dump his assets. He can’t seem to put his finger on it and tells me he doesn’t know why everything is coming apart on him.
Actually that’s three problems, but you get my drift.
I know why his business (and life) is coming apart. Ralph is missing one key characteristic of an instinctive wealth builder (IWB).
That characteristic?
Trust.
To read the rest of this article, click on the link below to download the article in PDF.
It’s A Matter of Trust – GREEN BAR.pdf
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Amazing article,
You know some years ago I was in a course called Dale Carnegie, It was in Mexico City ( 1982), I remember how was this amazing course allways.
For me was the most important I took.
In the course they teached some points you are talking in the article.
Thank you my friend.
I remember the book by Dale Carnegie “How To Win Friends and Influence People.” I think Dale was the son to Andrew Carnegie, which would explain why both — father and son — were so successful. (If I have the relationship wrong, somebody please correct me, as I’ve not had time to vet this.)
The book was written back in 1959, if memory serves me well, and I still have an old paperback copy sitting here on my desk. The principles he teaches in the book are still valid today. I’m surprised more people don’t use them.