Is trust more valuable than money?

[Fiasem20]

Most definitely, Trust is more valuable than money. Money can buy every good things of life, but can never buy trust no matter the amount you want to equate it to, money can not always restore trust. To earn trust is very difficult because it takes a very long period of time to build it with honesty and just one  act of being dishonest can break it. So it is very hard to build trust and at same time very easy to lose it.
In business, one needs to build a good reputation for his or her brand or company because customers tend to buy from brands they trust.

To build all of that, you first need money. More importantly, you need to believe in yourself before gradually building the trust of others. Building trust takes time and patience, and as you said, those are things that money can't buy. A brand that has earned people's trust will also have money.

That’s the part where self confidence comes into play.You need to be confident enough in other to build trust between your brands and the customer,once you’ve established that trust it would bring more financial deals because if I got a product and I trusted it much I would really want to recommend that product to my family members or my friends too.Building a trust may take long but that’s not the issue,the question you should ask yourself is that,would this  trust I am trying to build provide more audience for me in the future?if no you don’t have to get up failure isn’t a product of weakness rather try again and keep believing in yourself try it gets right.

[Powerjumboo]

It is much more important than money to keep promise to business partners. When friend betrays, it is unquestionably over with the relationship, no matter whether the money was returned. Money is earned but trust cannot be bought at any cost. Being straight about what you do is the best alternative to safe and easy business.

For this first of all an honest and wise person should be selected as a business partner. By doing this the business can improve and all the problems can be solved very quickly. The first mistake we make in doing business. Choose another person as a partner for money without observing anything. And if business ever slows down, the chances of running away with money in frustration or trying to break the contract increase. However, faith is more important than money. But nowadays money is given more priority.

You have said a very remarkable thing, because a business partner definitely needs an honest and trustworthy person. Because if you are not an honest and trustworthy person, you will not be accepted as a business partner. I saw a friend of mine who started a business with three people, but one of them cheated them and left them alone. It was a complete fraud. Because in the beginning they established their business very nicely, but after some time the business started making losses and they left with some money from the business. So I want to say that to do business you definitely need an honest and trustworthy person, especially while choosing a partner, honesty and trustworthiness are necessary, otherwise it will not be possible to do business.

[Akbarkoe]

Yes trust is very valuable for anyone because it is long-term capital in doing business the more people believe the better and can take care of business in the long term it may be large scale but small scale such as borrowing and borrowing to friends or neighbors we are always reluctant to lend money to our neighbors if they do not pay the previous debt or slow to pay because it makes us upset, and it will be told to other friends that he is bad in financial terms that can make him lose the trust of not only one person.

[imthegreat]

You can earn back money but you will never be able to gain someone's trust back. For example you lose 5 thousand dollars in a bad deal. You can manage to get it back by one way or the other like working overtime or start again but if you lose someone's trust the doors might get shut forever. Reputation is a single street.

Money open the doors while trust keeps them open. You will be able to get your first meeting with an investor or partner while trust will give you repeat business and referrals. Money has the price while trust is the multiplier. Money is the tool but trust is the capital. What are your thoughts?

At first glance, your words seem absolutely correct, but now let's remember the most influential person on earth. I want to talk about Donald Trump, who happily sells his Trust at a huge price to the entire world, and it turns out he's converting it into money. After all, he starts writing about his token (yes, this is the most striking example) and then crashes the price of his token. A lot of investors suffered because of this, but Trump couldn't care less, because nothing will happen to him—after all, he's the President of America. Which means he can easily exchange his Trust for money.

[Mayor of ogba]

Money is important and essential because we need it to solve our everyday needs, but you see trust it's money itself, the reason being that it's the password that will unlock your success, like some can recommend you for job opportunity, and once it's broken, it's hard to rebuild or you can never rebuild it back until you leave planet earth and no one will be willing to do business with you because you will bee seen as an untrustworthy someone who are likely scam or cheat its business partner. So I would rather lose money than to lose trust.

[MRY]

Money is important and essential because we need it to solve our everyday needs, but you see trust it's money itself, the reason being that it's the password that will unlock your success, like some can recommend you for job opportunity, and once it's broken, it's hard to rebuild or you can never rebuild it back until you leave planet earth and no one will be willing to do business with you because you will bee seen as an untrustworthy someone who are likely scam or cheat its business partner. So I would rather lose money than to lose trust.

Honesty would be well worth more than a stack of money in the bank. Business depends on trust which is the most precious thing, once lost it is hard to regain. We can recover what has been lost, but once our good name is lost there is no more. The most valuable investment towards a long term career is maintaining integrity.

[Mr Reporter]

Money is important and essential because we need it to solve our everyday needs, but you see trust it's money itself, the reason being that it's the password that will unlock your success, like some can recommend you for job opportunity, and once it's broken, it's hard to rebuild or you can never rebuild it back until you leave planet earth and no one will be willing to do business with you because you will bee seen as an untrustworthy someone who are likely scam or cheat its business partner. So I would rather lose money than to lose trust.

Honesty would be well worth more than a stack of money in the bank. Business depends on trust which is the most precious thing, once lost it is hard to regain. We can recover what has been lost, but once our good name is lost there is no more. The most valuable investment towards a long term career is maintaining integrity.

Your words are few, but you said alot here and I feel many people are going to learn this the hard way. There is this layman's common language which says “once a good name is lost there is no more names to lose again…just as you have mentioned money can be replaced but for someone to be trusted is going to be hard…

[juttsab@]

I think I agree with your point, because money alone can not buy you loyalty, good reputation and respect.  Someone can recover financially after a heavy lose, but once people begins to doubt how honest and reliable you're, regaining that confidence back will take a very long time. Meanwhile trust can not be lost forever, if the person accepts responsibility, stay consistent for a long period of time and changes it's behaviour. With these most relationships can be repaired but the hard part is that rebuilding trust always takes much more longer that losing it. For me I will that, a strong friendship and  businesses is not built only on money, but always being transparent, keeping promises that are being made and treating people right despite the fact that things are not going as planned or perfectly. This kind of trust is always the thing that will keep opportunities coming in all over again.

Reputation and trust are very valuable things but I do not think they are always harder to rebuilt them back then financial losses in many situations, money is basic foundation that give business freedom to recover a company that has good amount of capital can invest in better product, hier experience staff, improve their customer service and they can also built the reputation over the time period, I have seen businesses recovering from very big scandals because they have all the financial resources to make the changes and then they can rebuild confidence and their customers trust. Similarly the trust is not always restored simply by being honest and consistent if a relationship is broken because of trust issues or serious betrayal then that create permanent damaged to them.

[MyWarLord]

Money open the doors while trust keeps them open exactly, but it's funny how one would intentionally trade years of trust for a onetime payout, when trust can get you that over and over again.

Personally, I can't take my reputation for granted, I rather clear my name than run away with a huge amount of money, but it's crazy how some investors don't take this seriously, even if they're fully aware of how important it is they still lack Integrity.

[programmer3666]

You can earn back money but you will never be able to gain someone's trust back. For example you lose 5 thousand dollars in a bad deal. You can manage to get it back by one way or the other like working overtime or start again but if you lose someone's trust the doors might get shut forever. Reputation is a single street.

Money open the doors while trust keeps them open. You will be able to get your first meeting with an investor or partner while trust will give you repeat business and referrals. Money has the price while trust is the multiplier. Money is the tool but trust is the capital. What are your thoughts?

I think trust is definitely more valuable than money. You can always find a way to make more money, get another job, start a side hustle, even borrow if you have to. But once you break someone's trust, it's nearly impossible to fix. Take a small business owner for example. If customers trust that he sells quality products at fair prices, they keep coming back and even tell their friends. That trust brings steady income. But if he cheats them just once, sells fake goods or overcharges, word spreads fast. Customers leave and no amount of money can buy back that reputation.