Stephen Covey’s Speed of Trust – Full Book Summary Part I – The Foundation

Wow! It’s been a hell of a ride. It’s been an emotional journey. This book was bought back in about October or November with a friend Anna, who has now influenced me to not only move to Vietnam, but to establish trust in her after two significant fallouts. How fitting! Nonetheless, Moustafo, an amazing fitness entrepreneur living in Malaysia, mentioned this in a podcast about last July…and I ended up purchasing this book at the place where my personal development journey began (Siam Paragon, Bangkok).

Almost a year later and a completely different man later, those of you who have been following my blogs and podcast should’ve changed.

Let’s go over the biggest key takeaways from this book. Here’s part 1 of 6 because I can’t oversaturate you with too much information.

Trust Issues Affect Everyone

I can’t stand the politics at work. I feel sabotaged by my peers. It seems like everyone is out for himself and will do anything to get ahead.

I’ve really been burned in the past. How can I ever trust anyone enough to have a real relationship?

I work in an organization that’s bogged down with bureaucracy. It takes forever to get anything done. I have to get authorization to buy a pencil!

The older the children get, the less they listen to me. What can I do?

I feel like my contributions at work are hardly every recognized or valued.

I foolishly violated the trust of someone who was supremely important to me. If I could hit “rewind” and make the decision differently, I would do it in a heartbeat. But I can’t. Will I ever be able to rebuild the relationship?

I have to walk on eggshells at work. If i say what i really think, I’ll get fired….or at least made relevant.

My boss micromanages me and everyone else at work. He treats use all like we can’t be trusted.

With all the scandals, corruption, and ethical violations in our society today, I feel like someone has pulled the rug out from under me. I don’t know what — or who — to trust anymore.

Low/High Trust Relationships

Take a minute right now and think of a person you have a high trust relationship with — perhaps a boss, coworker, customer, etc. Describe it. What’s it like? How does it feel?

Now think of a person whom you have a low-trust relationship with. Again, how does it feel?

A Summary of Taxes and Dividends

Book Review Podcast for the Taxes and Dividends

5 Waves of Trust

Self Trust; Deals with the confidence we have in ourselves–in our ability to set and achieve goals, to keep commitments, to walk our talk — and also with our ability to inspire trust in others.

Relationship Trust: How to establish and increase the “trust accounts” we have with others.

Organizational Trust: Deals with how leaders can generate trust in all kinds of organizations, including businesses, not-for-profit organizations, government entities, educational institutions, and families.

Market Trust: It’s about your company brand, which reflects the trust customers, investors, and others in the marketplace have in you.

Societal Trust: This is about creating value for others and for society at large. Your contribution.


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.