Why Trust is Better than Cash?
Is trust better than cash?
Many people would think cash is better than trust in most cases. They may be right in some instances, but for a business, cash flows are issues that we need to deal with. By increasing value for the consumer and by speaking to the direct needs of said consumer. The bottom line is that trust is far better than cash and this article will show you why.
Trust is Difficult to Earn, while cash is easier
As adults, we tend to stick to our friends and family, which includes people at work or in similar business settings. We don’t tend to outreach much, unless we run a business. So, you can see gaining trust from a stranger is lot harder for us the business owners. We have to strike a nerve of confidence and trust in those who come to us. Cash is easier to earn from those who wish to achieve their goals. We provide those solutions, but what about those who don’t know me or you.
To build such trust, we communicate through our marketing materials. We can hold webinars or attend events. While online, we create blogs, videos and other content. But this doesn’t always gain trust, no matter how hard we meet the need of the individual. While some of us are going a bit beyond, by retweeting and visiting other likeminded people on their sites. We could engage our customers by answering common questions and reading forum posts. We could interact more on social media with our followers.
Trust builds long term capital growth
Once we execute our marketing plans; we can build an intimate relationship with this person. This doesn’t mean hit them with an offer, but to offer a deep inside solution to their symptoms and ask your own questions as well. This should create a dialog that you can save and analyze later for creating content to help bring others to your inbox.
Over time, the people that you connect with through marketing may not “buy” into your business. Yet, they may share your business with someone that “needs” what you offer. This may lead to a greater sale or stability. Don’t be impatient, all sales are good sales. It’s good to have a positive cash flow, but even the best businesses will dip into the red for the right moment.
Final Wisdom on Trust
Trust is a rare currency that could bring in cash. Without trust, your business will go under. So, use trust rarely and be careful on who you network with as well. Sometimes a bad partner can hurt your business in a way that it could take some time to recover from. Be transparent in all your dealings and you will gain trust from those outside your circle. You can also foster deeper relationships with those within your circle. Only then can you build an empire that you can be proud of.
David Feinstein
David L. Feinstein has been published by Pro-Publishing Company of California, for a series on Leadership books.
Exposure to business at an early age along with cultivation of artistic talent in writing is the background that David Feinstein brings to his business associates, prospective candidates and audiences alike. His experience throughout his career in sales and marketing and having owned and operated his own international accounting & financial management services company, is a key success factor in helping develop his international notoriety in the network marketing industry.
David and his wife, Ann have been significantly involved in direct marketing and direct sales for 21 years, serving as a distributor (team member), speaker, trainer, Top Leader, and author in the industry on a worldwide basis. Working together, they coach, mentor and train those seeking empowerment, greater self esteem and branding image, and training people seeking financial success and personal life freedom. David and Ann have grown their business that today spans over 40 countries with over 65,000 team members.
For more information go to: www.AnnandDavidFeinstein.com
Mr. John Fogg of MLM/Network Marketing, author of “The Greatest Networker in the World” has said the following about myself and wife/partner Ann:
“It's been a looonnngg journey from their "weird" first exposure to network marketing where Ann— a Park Avenue Research Consultant, and David— the owner of an entertainment management firm handling the careers of rock stars such as (the early) Rolling Stones, Led Zeppelin, Michael Bolton, Cyndi Lauper, Phil Collins, and other famous others, found themselves at a meeting full of strange "new agers" from Sunrider— that was 21 years ago— to where they are today: Significant six-figure income earners with Agel Enterprises leading an organization of more than 65,000 people in 40+ countries around the world.
Above all else, Ann & David are focused on mentoring and leadership. Their combined expertise in recruiting, coaching, training and international development has made Ann & David much sought after direct sales business experts.
The Feinstein’s approach marries both classic MLM and the technology advances of the Internet and social media. The first people they have their new people speak with are family and friends, they do meetings, build for and around events and David even unabashedly asks people, "Do you keep your business options open."
Exposure to business at an early age along with cultivation of artistic talent in writing is the background that David Feinstein brings to his business associates, prospective candidates and audiences alike. His experience throughout his career in sales and marketing and having owned and operated his own international accounting & financial management services company, is a key success factor in helping develop his international notoriety in the network marketing industry.
David and his wife, Ann have been significantly involved in direct marketing and direct sales for 21 years, serving as a distributor (team member), speaker, trainer, Top Leader, and author in the industry on a worldwide basis. Working together, they coach, mentor and train those seeking empowerment, greater self esteem and branding image, and training people seeking financial success and personal life freedom. David and Ann have grown their business that today spans over 40 countries with over 65,000 team members.
For more information go to: www.AnnandDavidFeinstein.com
Mr. John Fogg of MLM/Network Marketing, author of “The Greatest Networker in the World” has said the following about myself and wife/partner Ann:
“It's been a looonnngg journey from their "weird" first exposure to network marketing where Ann— a Park Avenue Research Consultant, and David— the owner of an entertainment management firm handling the careers of rock stars such as (the early) Rolling Stones, Led Zeppelin, Michael Bolton, Cyndi Lauper, Phil Collins, and other famous others, found themselves at a meeting full of strange "new agers" from Sunrider— that was 21 years ago— to where they are today: Significant six-figure income earners with Agel Enterprises leading an organization of more than 65,000 people in 40+ countries around the world.
Above all else, Ann & David are focused on mentoring and leadership. Their combined expertise in recruiting, coaching, training and international development has made Ann & David much sought after direct sales business experts.
The Feinstein’s approach marries both classic MLM and the technology advances of the Internet and social media. The first people they have their new people speak with are family and friends, they do meetings, build for and around events and David even unabashedly asks people, "Do you keep your business options open."
Latest posts by David Feinstein (see all)
- 95% Failure or 100% Success…It’s Your Choice By David Feinstein - December 31, 2019
- Why Trust is Better than Cash? By David Feinstein - December 31, 2019
- How Women Can Teach Men to Lead Better by David Feinstein - November 30, 2019