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The Investor's Podcast (We Study Billionaires)  - The Investor’s Podcast Network

TIP 080 : The Speed of Trust by Stephen Covey (Leadership Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 3 April 2016

⏱️ 42 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: Why costs are completely inversely correlated with trust in business. Why trusting other people is ultimately your choice no matter past experiences. How to find the right balance between blind trust and mistrust. How building a corporate brand and building trust is essentially the same. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. The Speed of Trust website. Stephen Covey’s book, “Speed of Trust: The One Thing That Changes Everything.” NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠   HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. 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Transcript

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0:00.0

We study billionaires and this is episode 80 of the Investors Podcast.

0:06.0

Broadcasting from Bel Air, Maryland. This is the Investors Podcast.

0:14.0

They'll read the books and summarize the lessons. They'll test the waters and tell you what it's called.

0:19.0

They'll give you actionable investing strategies.

0:23.0

Your host, Preston Pish, and St. Broderson.

0:28.0

Hey, how's everybody doing out there? This is Preston Pish and I'm your host for the Investors Podcast.

0:33.0

And as usual, I'm a company by my co-host, St. Broderson, out in Denmark.

0:37.0

And today we've got a book that we read and the name of the book is The Speed of Trust by Stephen M.R. Kovy.

0:45.0

And so if you've listened to one of our episodes in the past, we read another book by Stephen Kovy,

0:50.0

The Seven Habits of Highly Effective People.

0:53.0

But this is not the same author, even though they have the exact same name. This is his son that we read this time.

0:59.0

The MR in the middle of his, middle initials is what separates the two here.

1:03.0

So you can kind of keep them straight, but they, they have the exact same name and Stephen M.R. Kovy is the son.

1:09.0

And he wrote this book The Speed of Trust. The subtitle is the one thing that changes everything.

1:15.0

I want to say it could probably be a little bit shorter maybe,

1:19.0

but I think that the points in the book were phenomenal, absolutely phenomenal,

1:24.0

and such a core fundamental thing for people to understand, especially if you are a leader within an organization,

1:30.0

I think that this book is an absolute must.

1:33.0

So, you know, the whole theme of our show is we study Billionaire.

1:37.0

So one of the things that we're really big on is endorsements from Billionaires or whether they said that they read the book or not.

1:42.0

So here's some of the names of different people that I'm telling you.

1:45.0

There's like a laundry list of people that have endorsed this book.

...

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