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.

[Leahized]

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.

But there are some directions and guidelines in doing every business. In this way, the situation will not be moving at the same speed all the time. Because both profit and loss exist in business. Example: If you're in the business of clothing, it's not always going to be very demanding. In business it is ups and downs. But your friend's case is very sad, because he confidently engaged him as a partner. And his friend could not accept the bad situation and is breaking the agreement with the funds. As nowadays everyone wants to be financially independent. So don't feel too comfortable losing money.

[Yeesha]

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.

Some people doesn't care about their reputation, they will be willing and ready to do anything even if it is going to tarnish their image they wouldn't mind in as much as they will get paid. Some will risk their job for a short term benefits ignoring long term benefits. Your reputation is actually very important because it increases your value in several aspects of life, you might even have the opportunity to associate with wealthy people if you're trustworthy. No matter what never trade your self-respects for anything.

[Fivestar4everMVP]

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?

You are basically right, but for that last part of your comment, I would rather say that money is the capital while trust is the tool, you need capital to start a project or to build a business which is money, but you need tools to keep that project or business well managed, sustained and going and that tool is trust, that is your investors who are the backbone of the business trusting you.

And speaking of which is more valuable, I honestly think both trust and money can't be measured or compared to know which is more valuable than the other, because in every business, both are very important, but if I must choose one, then I would say that trust is more valuable, and this because without money, you can managed to start a business if investors trust you enough to lend you their money, but with money, even if you start a business, no investor will come in to invest, so trust is definitely more important and more valuable than money.

[MRY]

You are basically right, but for that last part of your comment, I would rather say that money is the capital while trust is the tool, you need capital to start a project or to build a business which is money, but you need tools to keep that project or business well managed, sustained and going and that tool is trust, that is your investors who are the backbone of the business trusting you.

And speaking of which is more valuable, I honestly think both trust and money can't be measured or compared to know which is more valuable than the other, because in every business, both are very important, but if I must choose one, then I would say that trust is more valuable, and this because without money, you can managed to start a business if investors trust you enough to lend you their money, but with money, even if you start a business, no investor will come in to invest, so trust is definitely more important and more valuable than money.

The economy of trust as a capital attracting force is reasonable. Investors will rather invest in entrepreneurs who have been proved to have the credibility and not by merely depending on the initial capital. Ideas are never actualized until the financing part comes into the picture. Living in integrity is a kind of investment that is characterized to give higher returns in the future than the physical possessions.

[ChocolateBitcoinK]

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.

I agree with you, a person's honesty and trustworthiness are his biggest identity. In any case, when a person's personality and mentality are good, he is honest, then everyone will value him enough, no one will distrust him, and everyone will build a trust in him. But once that trust is broken, it becomes very difficult to rebuild it, many people choose dishonest ways for short-term gains, but dishonest deeds do not last long, and as a result of this, after some time, when everyone finds out about him, his reputation, relationships and future opportunities are all lost.

[Agathamay]

In business deals trust is everything. I can't give into a million deal contract with you if there's no form of existing trust that both parties are standing on.

Your first paragraph caught my attention and I was curious to ask you a lot of things but I also want to draw your attention he fact that we are already in a very silly world where people can easily buy over reputation and money can even buy one victory and do things even beyond our imagination which I'm sure you already know.

Now all these aside and back to the fact that you said, you can't go into a million deal if there's no trust and I want to know what your choice of action would be if you are opportune to go into a business with supposed billionaire in your neighborhood whom you maybe believed is reputable especially because of the amount of wealth you already think to his name and suddenly you hit a deal with him and you're required to payout maybe 5 million naira to the man, since maybe you have no personal trust built between you both, would you still proceed with the deal or refuse the deal?

 And lets say suddenly the man scams you, do you at some point agree that, the people wouldn't take the case serious  because everyone believes the man is worth way more than that amount?

In this case, his wealth and money already outweighs his personal values

[Cheema02]

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.

For a successful business a lot of parameters can be important but I think money and trust are the pullers of this building which gives strength to business and prevent it from negative reputation. When a company built trust on it's customers then with an enough money it improves it's products, hire valuable employees and also provides best customer services but it's take time for doing that. Although it's the most difficult task to rebuild the trust of customers if once it's lost. Sometime customers are not return and it's not depends on the amount of money and the same law is applied for individuals personal life where a simple betrayal leaves a serious impact. No doubt money is the fixer of almost all problems but it's not healer of broken trust. So in life we should approache both side like we should earn money along with building trust.

[Grace333]

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?

Trust is certainty better than money, and here is whybi say so, imagine a financial transaction without trust one person can easily fraud the other and the money which is valuable is then vulnerable in the hands of trust, so trust remains the most valuable thing in a business because you cant buy it, its a willing effect that is entirely different from the services you render. Most people become trustworthy peoole based on the principles and the home training they got from their childhood homes and life experiences.

[MRY]

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?

Trust is certainty better than money, and here is whybi say so, imagine a financial transaction without trust one person can easily fraud the other and the money which is valuable is then vulnerable in the hands of trust, so trust remains the most valuable thing in a business because you cant buy it, its a willing effect that is entirely different from the services you render. Most people become trustworthy peoole based on the principles and the home training they got from their childhood homes and life experiences.

It is much more significant to develop working relations on the principles of honesty than merely make a skit of profits. It is easy to regain lost money, but regaining a lost reputation is hard. Be truthful with money matters so as to hold on a high level of trust. This will open the way to a successful partner who will be indeed loyal.

[thesebassv]

Money open the doors while trust keeps them open.

Yes, totally agree. Trust is something that takes time to build, but it can be so fragile that it can break at any moment and, unfortunately, it cannot be repaired or returned to its original state.

it’s clear that trust can make you a lot of money that you never thought you’ll make in your lifetime, while money can’t buy trust.

Exactly. Money attracts people, but the moment you stop having it all that people that came just for the money leave you. Is like famous soccers players or lottery winners, the moment they have a lot of money a lot of people "likes" them, they are in great parties and everyone wants to be with them. But the moment they run out of money, all those people who enjoyed the players' money leave them and go to find someone else.

So trust is the most valuable thing