How to Trust and Be Trusted with Rachel Botsman

How to Trust and Be Trusted with Rachel Botsman

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How to Trust and Be Trusted with Rachel Botsman

How to Trust and Be Trusted with Rachel Botsman

How to Trust and Be Trusted with Rachel Botsman

How to Trust and Be Trusted with Rachel Botsman

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0:15

Pushkin.

0:21

Hello, Hello, Revisionist History listeners, malcome

0:24

here today we have a special

0:26

guest in the house, Rachel Botsman. Rachel

0:29

is a lecturer at Oxford University

0:31

and a world renowned expert on the topic

0:34

of trust, and importantly, not

0:36

most importantly, but importantly, she's the

0:38

author of a new Pushkin audiobook,

0:40

How to Trust and Be Trusted. After

0:43

more than fifteen years teaching trust to CEOs,

0:46

entrepreneurs, world leaders, and all kinds

0:49

of students, she's now sharing these

0:51

powerful lessons with you in

0:53

her new audiobook. You're

0:55

going to get a chance to hear one of her lessons

0:57

from that audiobook in just a moment. But

0:59

first I want to speak with a woman herself,

1:02

Rachel Botsman, Welcome.

1:04

To Revisionist History. Tell me a little

1:06

bit.

1:06

About your interest in trust.

1:09

How did you come to this subject.

1:11

It's a funny subject to study because

1:13

it's really intangible trust.

1:16

But it came from a fascination

1:19

in human connection. So

1:21

I've always been interested in why

1:24

we're attracted to some people and

1:26

we repel from others. I've

1:28

always been interested in what holds groups

1:31

and teams and society together, and

1:35

the force, the social glue is

1:38

trust, And what I realized

1:41

is that in the field

1:43

of trust you sort of have people who study like cells

1:45

and negotiations. So essentially, how do you

1:48

manipulate trust to get something from someone,

1:50

or you have the other end, which is

1:53

like the ester perel end, which is like the therapist.

1:56

Let's repair trust when it breaks down. Now,

1:58

wasn't a lot in between, which I found

2:01

fascinating.

2:02

Yeah, and we you

2:04

were drawn to this because is

2:06

this something we do naturally

2:09

well or something that

2:11

we're bad at.

2:13

It's a good question. We do it.

2:15

Most of us trust naturally.

2:17

It's a very intuitive thing. Most

2:21

of us do it badly because

2:24

we rely on intuition and not

2:26

information, and especially

2:28

in high stakes situations or high risk

2:31

situations, we're not really

2:33

taught how to trust well, how

2:35

to give our trust to the right people and

2:38

products and information, which is

2:40

a big one. And everything

2:42

about our society and technology now is speeding

2:44

up those decisions, so our trust making is getting

2:46

worse, not better.

2:48

What would be some of the

2:51

most common mistakes we make when

2:53

we're trying to kind of make a trust evaluation.

2:57

Well, speed is the enemy of trust, so making

3:00

it too quickly or under pressure is

3:02

a really big one. So most big

3:04

decisions we have to make because we've

3:07

got to hire someone or whatever that

3:09

might be. So that's number one. The

3:11

second is intuition over information.

3:14

So I still believe in trusting your

3:16

gap, but what is the information.

3:20

There's a lot of evidence around

3:23

charisma and confidence of

3:25

awaiting capability, and

3:28

I think we're seeing that play out in sort of leaders

3:30

that are getting elected. So those that seem

3:32

like bold and disruptive versus

3:35

steady and capable and maybe even

3:37

bland that really influences

3:39

trust, they'd be my top three.

3:42

Yeah, I'm reminded of years ago

3:44

I read this study of

3:47

student evaluations of professors and

3:50

how the evaluation a student makes

3:53

after like, you know, five seconds

3:55

is the same as their evaluation they make at the end of the

3:57

term. And they're

3:59

clearly not making a

4:01

reasoned decision about

4:04

whether they you know, whether

4:07

this isn't it, whether this teacher is good, or what they

4:09

should trust this information, or they

4:11

never get beyond the initial question of do

4:13

I like this person? The

4:16

snap judgment, yeah, the snap judgment. Never they

4:18

never transcend the snap judgment.

4:21

And sometimes it's not even like it's does

4:23

this person feel familiar? Like they

4:25

can't even get beyond that. And it's the

4:28

person that feels strange or unfamiliar

4:30

that sometimes we just can't

4:32

or choose not to trust, and that's that's

4:34

a real problem.

4:35

Yeah, you spend a lot of time

4:38

on the question of transparency. You

4:41

talk a little bit about what do we gain from

4:44

adding transparency into these and what do

4:46

you mean by transparency in this context.

4:49

Or what do we lose as well lose? Yes,

4:53

I think it's one of the biggest myths around

4:55

trust that needs blowing up. So well.

4:59

Transparency. I always think of disclosing

5:02

information, right, so disclosing lots of lot

5:04

of information so you understand

5:06

why something is happening, or

5:09

or good transparencies understanding

5:11

the context behind a decision, so

5:13

why did you choose to do that thing? But

5:17

transparency in practice

5:20

and feel like surveillance. So

5:22

if you think about transparency, you're

5:24

trying to get visibility into something.

5:27

You're trying to understand where someone

5:30

is by tracking them maybe on their phones.

5:33

You're trying to understand what they're up to and

5:35

what they're doing. And that is the

5:38

very opposite of trust. So

5:41

the way I define trust is a confident

5:43

relationship with the unknown So

5:45

if you think, Malcolm, of people in

5:47

your life, your professional or your personal life

5:49

that you deeply trust, you

5:52

don't need to know where they are, you don't

5:54

need to know what they're up to. It's that visibility

5:57

is a form of control, and

6:00

that control can be a sign of lack

6:02

of trust. So I think it's I'm

6:04

not saying transparency is completely a bad thing,

6:07

but this idea that you fixed

6:09

trust issues, systemic

6:11

trust issues, trust issues in an organization,

6:15

even in a relationship, by making things transparent.

6:18

It has a backfire effect where

6:20

it might work initially because

6:22

you think, oh, that person's being more open

6:25

or I have more visibility into that situation

6:27

and therefore more control, but over

6:30

time it actually leads to less

6:32

trust.

6:33

But does that you know when you said

6:36

earlier that one

6:38

of the things we need to do is to not

6:40

make decisions quickly and gather more information,

6:43

what's the difference between gathering

6:45

more information and transparency.

6:48

It's a great question. So it

6:50

sounds like semantics, but there's a difference between

6:52

openness and transparency. So if

6:55

I came to you and said, I'd

6:59

really love to know why you chose

7:01

to put me on your podcast, Malcolm and

7:04

you said, sure, I'll share

7:06

that information. That's

7:08

being open. But if equal if you

7:10

said you know what,

7:13

you don't really need to know or I can't really

7:15

explain why. If I really trusted

7:17

you, I wouldn't need to know.

7:20

Oh, I see, yeah, do you.

7:22

What I mean?

7:22

So the problem is with transparency

7:24

is when leaders promise it and then

7:27

an employee goes to them that says, well, I really

7:29

understand what that person's being paid,

7:31

or how the bonus structure works, or

7:34

why you've changed the pricing mechanism or whatever it

7:36

may be, and then the leader goes, hmm,

7:39

I can't tell you that. Well, you promised

7:41

to be transparent. Yeah,

7:44

So there's this difference

7:46

between like being open and

7:48

being visible and promising

7:51

for transparency.

7:53

What are so what if you do

7:55

just put us in the context of leaders

7:58

who are managers trying to create high trust

8:00

teams? What advice do

8:02

you give people who are trying to do

8:04

that.

8:07

Well, the first thing of the some people

8:09

are trying to create high trust teams because

8:12

they're trying to be innovative. They're trying

8:14

to get those teams to be able to tolerate uncertainty.

8:18

So high trust teams and creative

8:21

teams. There's a real correlation there. So

8:24

one of the things actually say is don't mistake

8:27

reducing risk for increasing

8:30

trust. So

8:33

what a lot of teams do is

8:36

they figure out all the bad things that go

8:38

wrong right at the beginning, and it's

8:40

a mindset. It's like, we'll just

8:43

figure out how to mitigate risks before they've

8:45

even happened. And if

8:47

you create those kind of cultures in your teams,

8:50

your trust mindset, your tolerance for uncertainty

8:53

and the unknown actually reduces.

8:56

So one of the really powerful things

8:58

to do is actually go, Okay, how does this

9:00

team expand their capacity

9:02

to be in the unknown and to be in that creative

9:05

space versus how much

9:07

of our culture is actually wired to measuring

9:09

and managing risks. That's a

9:11

really big one. Another

9:15

one that

9:19

I mean, that's harder to do because I don't

9:21

think many organizations think they

9:24

think they're thinking about trust, but they're actually thinking about

9:26

risk. So that shift is quite tricky.

9:29

An easier one that you can put

9:31

into practice tomorrow is to become

9:34

a better expectation setter.

9:37

So so many trust issues

9:39

and I think many managers and leaders

9:41

are really bad at doing this is

9:43

how you set clear expectations

9:47

that allow people to be

9:49

empowered and to sort of live

9:51

and work in the unknown. So it's like, this is what

9:53

I expect of you within this timeframe, within

9:55

these boundaries. Now go play and go and do it. But

9:59

we're often really bad at setting expectations.

10:01

Yeah, so tell

10:04

me. We're about to listen to a

10:07

chapter from your book or an excerpt from your book. Can

10:09

you tee it up first? What are we about to hear?

10:13

You're about to hear the introduction

10:16

or chapter one, which really

10:18

lays the foundations on what

10:20

trust is and how

10:22

it works in our lives. And I

10:25

find it fascinating and also

10:27

a beautiful thing. That trust has more definitions

10:30

than love, so it is the

10:32

most debated sociological

10:34

concept in our lives. And so

10:37

in chapter one, we really dig into

10:39

this understanding of what trust is and

10:42

how it works, and how it influences

10:45

your decisions and decisions and choices

10:48

in ways that you may be aware of or

10:50

may never have thought about before.

10:52

Yeah, wonderful, Rachel.

10:55

This has been really

10:57

fun, and I

10:59

I think I speak for all of my

11:02

listeners when I say that we are looking forward

11:04

to hearing what follows.

11:06

Yeah, I hope it. I really hope it

11:08

change the way people think about trust. That's

11:11

the reason for doing this.

11:12

Yeah, and the name of your book.

11:14

Is it's

11:16

called How to Trust and Be Trusted

11:19

intentionally a two way title because

11:21

trust is something that you give and

11:24

something that you earn, and we

11:26

have to think about both those things in

11:28

our lives.

11:29

Yeah, thank you so much, Rachel.

11:31

Thank you Malcolm.

11:33

How to Trust and Be Trusted by Rachel

11:35

Batsman is available on pushkin,

11:37

dot Fm, Audible, Spotify,

11:40

and anywhere you get audiobooks. Keep

11:43

listening for a preview of the

11:45

audiobook.

11:52

Chapter one, how to give your

11:55

Trust to the right people. Have

11:59

you ever trusted the wrong person?

12:04

In this chapter, I'm going to teach you

12:06

a really important workplace skill,

12:10

how to give your trust to the right

12:13

people, because we can

12:15

all learn how to make better trust

12:17

decisions. I

12:20

know firsthand about bad trust

12:22

decisions because when I was five

12:25

years old, my parents put

12:27

their trust in the wrong person,

12:31

a nanny.

12:46

Hello Dad, alright, I

12:50

called my dad to ask him more about

12:52

it.

12:53

So I'm calling about the nanny.

12:56

Mm hmm, you know which nanny?

12:59

I think I know which nanny is.

13:01

And nanny are called Doris. It's

13:04

hard to ever forget Doris.

13:07

What was your first impression of her? Sure,

13:09

what do you remember when she came into the house.

13:12

She was very unimpressive,

13:17

which is quite a good feature.

13:18

No, pair unimpressive. What

13:21

do you mean by that?

13:22

Well, she was so she was a bland

13:25

person. It was just inconceivable

13:27

that somebody like that could do those sorts of things.

13:30

Oh, yes, bland old Doris

13:33

got up to all sorts of things.

13:36

The nanny my parents trusted to

13:38

take care of me and my brother turned

13:41

out to be very untrustworthy.

13:43

Indeed, she forged

13:45

my dad's signature to get a loan for a

13:47

car, She stole from us

13:50

in the most brazen ways,

13:53

and she was even running a

13:55

drugs ring. Really, deciding

14:00

whom to trust can be pretty

14:02

complicated. Okay,

14:06

so not everyone has put their trust

14:08

in a drug dealing nanny. However,

14:11

we all know how bad it feels to

14:13

make a poor trust decision. But

14:16

I want you to be able to make good

14:18

trust decisions, because being

14:21

able to trust people is a

14:23

positive thing and it will

14:25

make you better at your job. So

14:28

I'm going to tell you why we

14:30

sometimes trust the wrong people

14:33

like Dodgy Doris, and I'll

14:36

teach you how you can fix this

14:38

problem.

14:41

So let's start by unpacking what

14:43

trust actually is. It's

14:46

a word we use a lot in our

14:48

lies. But if I asked you

14:50

to write down one word to describe

14:53

trust, what would it be.

14:58

Maybe you're jotting down confidence,

15:01

faith, or perhaps

15:04

risk. Some people

15:06

think of trust as a state, as

15:09

an outcome, or a feeling,

15:12

but trust is a belief.

15:15

It's your belief about how

15:17

someone will behave or

15:19

how something will turn out.

15:22

To go back to my definition of trust,

15:25

it's a confident relationship

15:27

with the unknown.

15:30

So what does that mean in the workplace? Let

15:33

me give you an example. Trust

15:35

is a belief that when someone is working

15:38

from home and you can't see what they're

15:40

up to, they will behave in a way

15:42

that you expect. They can be

15:44

trusted to be productive and not

15:46

let you down. If you need

15:48

to know exactly what someone is doing

15:51

and are constantly checking in and monitoring

15:53

them and asking them for updates, that's

15:56

not trust, it's

15:59

control. Once

16:02

you see trust as your belief lens,

16:05

it can have a profound impact on

16:07

the way you make decisions and how

16:09

you behave at work. Trusting

16:13

another person is complicated. There's

16:15

a whole host of factors that determine

16:18

when and how trustforms. For

16:20

instance, how long you've known

16:23

them, what is the thing you're trusting

16:25

them with or for, and

16:28

how bad would it really be

16:30

if they let you down. Stamford

16:34

Business School professor Roderick Kramer

16:36

found that eight out of ten executives

16:38

report being burned at

16:40

least once because they trusted

16:43

the wrong person at some point in their

16:45

career. People tend

16:47

to make poor trust decisions because they don't

16:49

understand how trust dynamics really

16:51

work. So let me give you

16:54

a simple framework to help visualize

16:56

how trust happens between two

16:58

people. In

17:04

any relationship, there are two players,

17:07

the trust giver and the trust

17:09

receiver. Let's start

17:12

by focusing on what it means to be the trust

17:14

giver. A trust

17:16

giver is the person that is deciding

17:19

whether to trust someone a boss,

17:21

a colleague, a friend, or, in my

17:24

dad's case, the nanny. As

17:26

the trust giver, we have an important

17:29

choice, do we trust them or

17:31

not. What influences

17:34

our choices and decisions is called

17:36

a trust signal. Trust

17:39

signals are small clues we

17:41

knowing me or unknowingly used

17:43

to decide whether another person should

17:46

be trusted. How

17:48

someone speaks, the questions

17:50

they ask, who they're with, what

17:53

they're wearing, and even how they say hi,

17:56

how are you? These are all

17:58

trust signals. In other words,

18:01

the way we make a trust decision is

18:03

based on pieces of information we

18:05

pick up from another person. The

18:08

tricky thing is we don't always

18:10

look for or interpret trust

18:12

signals in the right way. Some

18:15

trust signals are way louder

18:17

than others because often

18:20

we are knowing need tune into

18:22

the signals that we want to see

18:25

that are familiar to us. Becoming

18:28

aware of the trust signals you're tuning into

18:30

is the first important step in making

18:32

smarter trust decisions. Here's

18:38

a simple exercise to try the

18:41

next time you meet someone for

18:44

the first time, trying

18:46

to stay aware of what you're tuning

18:48

into. Is it their voice,

18:51

their clothes, their demeanor, or

18:53

their posture. Similarly,

18:56

what questions do you ask them

18:58

in the first few minutes. Just

19:01

becoming aware of how you're looking for things

19:03

that are familiar can be powerful. Making

19:07

trust decisions based on familarity

19:09

is a tricky behavior to change

19:12

because our assumptions about whom

19:15

to trust are deeply wired.

19:18

They're often biases that have been

19:20

with us since we were very young.

19:23

When you're about three months old, you

19:26

start trusting people who look like your parents

19:28

more than other people.

19:31

Maria Konnikova is a psychologist

19:33

and author who's written a lot about

19:36

distrust. She's an expert

19:38

in the ways trust is exploited by

19:41

everyone from con artists to poker

19:43

players, and she happens to

19:45

be a champion poker player herself.

19:49

We trust people who seem like us, who

19:51

look like us, who sound like us, much

19:53

more than we do people who don't. That's something

19:56

that con artists, by the way, manipulat all the time

19:58

as well. Oh you know, you're from

20:00

New York. I'm from New York And they might not have

20:02

ever been to New York, but they try to get

20:04

those little superficial similarities so

20:06

that we have a basis for trust.

20:09

There's a fascinating study on the link

20:12

between trust and familiarity.

20:14

The study, done by a professor named

20:17

Lisa D. Bryan from the University

20:19

of Glasgow, showed how facial resemblance

20:22

enhances trust. Participants

20:24

in an experiment were shown faces of strangers

20:27

to be potential playing partners for a

20:29

game. When the face of the

20:31

stranger was similar to the face of the participant,

20:34

they were more likely to trust the

20:37

unknown person. Take

20:41

a moment to think about that. Have

20:45

you ever trusted someone just

20:47

because they felt familiar. Maybe

20:51

they went to the same school as you, like

20:54

the same sports team, or

20:56

maybe, as in the study, they

20:58

even looked a bit like you. Familiar

21:02

trust signals are often the loudest

21:04

because of what's known as confirmation

21:07

and desirability bias. We

21:09

used them to confirm our own

21:11

ideas about how someone or something

21:14

should be, or how we want

21:16

them to be. That's what happened

21:18

with my parents and Doris the nanny.

21:24

She showed up wearing a navy colored

21:27

uniform complete with a bonnet hat.

21:30

She had a mop of curly hair

21:32

and large steel rimmed glasses. She

21:34

even played the tambourine. I'm

21:37

not joking. What a trustworthy

21:39

person she must be. And

21:42

even when some major red flags

21:44

started popping up, my parents let

21:46

the familiar trust signals override

21:48

their better judgment. There

21:51

was the time Doris wanted to get

21:53

away for a weekend, so she said

21:55

her uncle Charlie had died and

21:58

she needed to go to the funeral. My

22:00

dad found out this wasn't true. When

22:02

he called Doris's mom to express his

22:05

condolences, and Doris's mom

22:07

said, but Uncle Charlie is

22:09

just fine. Doris must

22:11

be confused.

22:17

You can't be confused about what I'm gone

22:21

dead. At this point,

22:23

being quite quick to grasp

22:26

things, I thought all was

22:28

not well.

22:28

But you know, even after Uncle Charlie, she

22:30

came with us on a holiday to marlbea well.

22:33

That was very convenient.

22:34

Yes, even

22:37

though we were only five and eight, my

22:40

brother and I could see how Doris

22:42

was well different when my

22:44

parents were around. It was all

22:46

an act, and eventually

22:49

even my dad couldn't ignore what

22:51

he was seeing. At the height

22:53

of suspicion, he did something he'd never

22:55

done before. He searched Doris's

22:58

room. He found a

23:00

bag of money under her bed, quite

23:02

a lot of foreign currency, and

23:05

it happened to be from countries Dad

23:07

had been traveling to for work.

23:12

I did question her, and

23:15

she told me that

23:18

she'd found the money under a tree

23:20

in the park.

23:23

And we still didn't get rid of her.

23:26

No, And when I found more money

23:29

in her room, she said

23:31

she'd gone back to the same.

23:32

Tree, same tree.

23:34

I want to know where this tree is dead, and

23:38

still Doris stayed with us. That

23:41

was until my dad's car went missing

23:43

and he finally kicked her out,

23:46

called the police, and sat guard outside

23:48

our front door with a baseball bat. I

23:53

imagine the Doris saga was

23:55

in part how I first took

23:57

a deep interest in understanding

23:59

trust. Thinking back on

24:02

it, my dad told me the decision

24:04

to trust Doris came down to convenience.

24:07

My parents were busy people with busy

24:09

jobs. It was more convenient

24:12

to keep Doris than to find a different

24:14

solution. It's

24:16

easy to dismiss or laugh at

24:19

my dad's reasoning, but haven't

24:21

we all done that. Not

24:24

hire a dodgy nanny, of course, but

24:26

make a trust decision or continue

24:28

to trust someone based on convenience,

24:32

Like when you tell yourself, I

24:35

know that company isn't entirely ethical,

24:38

they don't treat their employees well, but

24:40

their service it makes my life a

24:42

little easier, so I'll just carry on using

24:44

them. Or perhaps you're

24:47

under pressure to get something done, so

24:49

you conveniently delegate a piece of work

24:52

to a person when you know they

24:54

shouldn't really be doing it. Convenience

24:57

so often Trump's trust. Understanding

25:01

the power convenience has over trust

25:03

has been one of the most important

25:05

things I've learned about being

25:07

a trust giver. Let's

25:10

try another exercise. Think

25:15

of the last time you made a poor

25:18

or very bad trust decision at

25:20

work. Did

25:24

you blame it on the character

25:27

of the other person They

25:30

turned out to be unreliable,

25:33

incompetent, dishonest, or

25:35

you fill in the blank. Someone's

25:40

character plays a

25:42

critical role, but what we often

25:45

overlook is the importance of

25:47

having the right information. As

25:50

the social scientist Diego Gambetta

25:52

puts it, trust has two enemies,

25:55

not one bad character

25:58

and poor information. So

26:02

the next time you find yourself

26:04

making an important trust decision,

26:07

I'd recommend asking yourself these

26:09

three questions. What

26:12

what trust signals? Am I tuning

26:14

into Two? Am

26:17

I trusting this person out

26:20

of convenience? And

26:22

three? Am I making

26:24

this trust decision too quickly? Now

26:29

let's look at something else that

26:31

influences what trust signals.

26:34

We pay attention to our

26:37

gut. My dad's

26:39

gut told him that a nanny who's seen

26:41

bland was a safe one.

26:44

His gut told him that blandness was

26:46

a good trust signal. But our

26:49

gut feeling or intuition is

26:51

rarely the source of trustworthy

26:54

decisions. For Maria Khonnikova,

26:56

the expert in distrust, there's a common

26:59

saying about this that's a real pet

27:01

peeve.

27:03

Trusting your gut. I hate that phrase, and

27:05

I think it's very misleading and

27:08

very bad at because here's

27:10

what we know from psychology. Our quote

27:12

unquote gut has very strong

27:14

reactions, and they're sometimes correct

27:17

and sometimes wrong, and our

27:20

ability to distinguish

27:22

the two is at about fifty

27:25

to fifty, so a chance we

27:27

have very little ability to

27:30

be able to figure out which our

27:33

gut feelings are correct and which are not correct.

27:40

So let me share with you something from my research

27:43

that has made me think differently about the

27:45

role of gut feeling in giving trust.

27:48

Gut feeling is not the decision maker,

27:52

but a decision driver. So

27:55

use your intuition, but challenge

27:57

it with other information to make sure

27:59

it's accurate. Here's

28:01

how this might come up in your job when

28:05

you're thinking about how to have a difficult conversation

28:07

with a colleague, or when

28:10

you're taking a brief from a potential

28:12

client and you're not entirely sure

28:14

what they do, and of course

28:17

when you're hiring someone new. Don't

28:21

let your gut make the trust

28:23

decision.

28:33

Throw your gut out the window. You don't know.

28:35

You are relying on people perception

28:37

that is most often wrong.

28:40

That is why so many hiring decisions are so

28:43

terrible, because people go

28:45

with those feelings. And we know that those

28:47

thin slice judgments are made within

28:49

the first few seconds of meeting someone,

28:51

and that's when you're hiring decision is made. And that's

28:54

just crazy. How can you base someone

28:56

you're going to hire into your organization

28:59

based on two seconds, ten seconds,

29:01

it doesn't even matter, twenty seconds. Anything that

29:03

has seconds after it should

29:05

not be a basis for such an enormous decision.

29:09

Instead of making important trust decisions

29:11

in seconds, Maria recommends

29:14

going by the old mattra that former

29:16

President Ronald Reagan was so fond

29:18

of trust. But verify.

29:22

Our default has to be trust. Right

29:25

initially, you have to believe

29:27

the things you hear, believe the people you meet.

29:29

You're not going to be able to go through life

29:32

if every single moment you're doubting

29:34

everything, and it's completely impractical.

29:37

However, you have to have that second

29:40

verification stage. Verify,

29:42

Verify everything that's important, and

29:45

verify even when you don't really want to.

29:48

Nobel Laureate Daniel Carneman's definition

29:51

of a gut feeling is spot on.

29:54

He says, a gut feeling is thinking

29:56

that you know without knowing why

29:58

you do. Even though

30:01

I've studied the ins and outs of trust for

30:03

over a decade, I have still gone

30:05

with my gut countless times.

30:09

Sometimes things have gone right

30:12

and other times things have gone horribly

30:15

wrong. So let me share

30:17

with you a useful tool that will help

30:19

you better read trust signals. It's

30:22

called a trust pause.

30:25

A trust pause is a healthy hesitation

30:27

where we question if a person, a

30:30

product, or a piece of information is

30:32

worthy of out trust. If

30:35

you find yourself wanting to make a

30:37

trust decision quickly from your

30:39

gut, take a trust

30:41

pause and ask yourself

30:44

the following questions, where

30:47

is this confidence coming from?

30:50

Am I seeing or hearing something

30:53

I want or need to

30:55

believe to be true? Is

30:57

it because this person feels familiar

31:00

or similar to me? And a

31:02

really important question, what

31:05

information do I still need to

31:08

make a relation liable decision? When

31:13

you put these questions into practice,

31:15

they will intentionally slow you

31:18

down. Now, I know that in

31:20

a world that's so driven by efficiency.

31:22

This might sound counterintuitive, but

31:25

speed can be the enemy

31:28

of trust. I'm

31:31

not suggesting you overthink every

31:34

single trust decision. I mean, you'd

31:36

never leave the house, But if it's

31:38

something important, take a

31:40

trust pause. For

31:43

example, if you have some sensitive

31:46

or confidential information to share with your

31:48

boss, take a trust pause

31:50

before speaking to them. If

31:52

you're going for a new role in an organization,

31:55

take a trust pause to speak to someone

31:57

in a similar position. If you're

31:59

starting an important contract with a new supplier,

32:02

take a trust pause to speak to some other

32:05

customers. Are

32:08

you sure? Are you

32:10

sure? That's at the heart

32:12

of a trust pause. It

32:15

might feel like you're wasting valuable time,

32:17

but otherwise you may be left

32:20

wondering why you didn't pause for

32:22

a bit longer before giving your

32:24

trust. Because once

32:26

trust has been given, it's

32:28

in the other person's hands

32:31

to take care of or break.

32:36

My dad could have taken a trust

32:38

pause with Doris and it

32:40

would have saved a lot of anguish

32:43

and his vovo. Of course,

32:46

there are regrets, but after

32:48

everything, it hasn't

32:50

really changed my dad. He

32:53

just tends to trust people.

32:56

I have run

32:58

my life on the basis of trusting

33:00

people, and I've

33:03

found that generally

33:05

that has worked out for me, and has that

33:07

trust been abused a bit,

33:11

But I think that what I've gained from trusting

33:13

people is more than if I've been constantly

33:15

look here at my shoulder, not trusting people,

33:18

and by and large that

33:20

worked out.

33:20

Okay, some people

33:23

trust too much and too readily,

33:26

Like my dad, they have what psychologists

33:28

call a hyperpensity to trust.

33:31

They assume they won't be taken advantage

33:34

of.

33:34

Human beings are wired to trust. Trust

33:37

as our default state, and the only

33:40

reason society exists and all of

33:42

our institutions exist and just the world

33:44

functions is because of trust.

33:48

Here's something else Maria helped me

33:50

rethink the existence

33:52

of con Artists like Doris actually

33:55

says something very good about

33:57

humanity that may

33:59

sound strange, but the only reason

34:02

they succeed is because as people,

34:04

for the most part, we are trusting.

34:08

As the late master magician Ricky

34:10

Jay once said, you

34:12

wouldn't want to live in a world where you couldn't be

34:14

conned, because it would mean

34:17

you're living in a world where you never trusted

34:20

anyone or anything.

34:22

And that to me just gets at

34:24

the heart of it. You know, the fact that I

34:26

can get conned is the

34:28

flip side of the fact that I believe in things,

34:31

I believe in people, and that's

34:33

beautiful.

34:35

There's no one size fits

34:38

all approach to trust giving. Ultimately,

34:41

trust is a choice.

34:44

It's yours to give or

34:46

not. So

34:51

let's just recap the four main ideas

34:54

about giving trust that you can now

34:56

put into practice.

34:58

One.

34:59

Be aware of the trust signals you're

35:01

tuning into by remembering that we

35:03

tend to trust what's familiar.

35:07

Two, recognize when

35:09

you're allowing convenience to trump

35:11

trust. Three,

35:14

reframe your gap feeling as

35:16

a decision driver, not

35:19

the decision maker. And

35:21

finally, four speed

35:24

can be the enemy of trust, So

35:27

take a trust pause to get the right

35:29

information. I'm

35:32

going to leave you with a question to think about

35:35

as we head into chapter two.

35:38

How do you get someone else to trust

35:40

you?

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