Bookiiz

Speed of Trust Summary, Key Lessons & Ideas

"The SPEED of Trust: The One Thing That Changes Everything" by Stephen M. R. Covey

5-Line Summaries:

“The Speed of Trust” is a book by Stephen M.R. Covey that talks about how trust makes life better.

When people trust each other, things happen quickly and work out well. Trust is important in families, at work, and everywhere else.

Covey says trust is like a bank account – we need to keep putting into it.

The book shows us that trust isn’t just good to have; it’s super important. Trust can make everything better for everyone.

Quote of the Book:

“We judge ourselves by our intentions and others by their behavior.”

Stephen M. R. Covey

About the Author:

Stephen M. R. Covey is a famous writer and speaker. He was born on October 6, 1962. His dad, Stephen R. Covey, wrote the popular book “The 7 Habits of Highly Effective People.” Covey Jr. also writes about leadership and personal growth. His most famous book is called “The Speed of Trust: The One Thing That Changes Everything.” It talks about how trust affects our lives and work. Covey says trust is super important for success. He gives tips on how to build trust with others. Covey travels and talks to people about leadership and trust. He helps organizations become better by teaching them about trust and teamwork.

Broad Summary:

Trust is a magic toolbox filled with special tools that help you build amazing things in life. These tools aren’t hammers and saws, but things like honesty, keeping your promises, and being someone, others can rely on. With a well-stocked trust toolbox, you can build strong friendships like a magnificent treehouse.

You and your friends can climb up high, share secrets, and have epic adventures together. But if your toolbox is empty, or the tools are broken, it’s hard to have any fun. You might argue about who gets to climb first, or nobody trusts each other to tell the truth about who broke the tire swing. It just becomes a grumpy mess.

Stephen Covey, shares in this book that trust is super important for everything in our lives, just like sunshine and water are important for a flower to grow. It’s like a magic ingredient in a recipe that makes everything tastier. The good news is that trust is like a muscle. The more you use it, the stronger it gets. Every time you’re honest with a friend or keep your promise to help your family, you’re giving your trust muscle a workout. This makes people happy and want to be around you, just like everyone wants to play with a friend who shares their toys and doesn’t cheat at games.

The opposite of trust is like a dark cloud that rolls in and blocks the sun. It makes it hard to see things clearly and be friends with others. Imagine trying to play hide-and-seek in a dark cloud – it’s impossible! But don’t worry, even the darkest clouds eventually move on. By being open and honest with others, and by really listening to what they have to say, we can bring back the sunshine of trust. It’s like opening the curtains on a gloomy day and letting the light back in.

Covey’s book uses stories to show how trust works in the real world, like a giant workshop filled with different projects. One example Covey shares about a company called Ritz-Carlton. He explains how Ritz-Carlton has built a reputation for exceptional customer service based on trust. Employees at Ritz-Carlton are empowered to make decisions that benefit the customer without needing approval from higher-ups. This trust in employees not only improves customer satisfaction but also boosts morale and loyalty among staff. Imagine a guest who forgot their backpack with their toothbrush inside – a worker who can’t be trusted wouldn’t be able to help. But in a hotel that trusts its workers, someone might be able to find a new toothbrush or even a cute travel set for the guest, making their stay much nicer.

Another example Covey gives is about Jack Welch, the former CEO of General Electric (GE). Welch was known for his leadership style that prioritized trust and transparency. He believed in openly sharing information with employees, even during difficult times. This transparency fostered trust within the organization and contributed to GE’s success under Welch’s leadership. This might seem scary at first, like showing your friends a half-finished drawing you’re worried about. But just like your friends will probably give you good ideas to make your drawing even better, the workers felt safe knowing everything and ended up working together to help the company win, just like a sports team that trusts each other can win the championship.

Covey even tells stories about himself, like a chapter in a big book about his own life. By being truthful with his family, he made their bond stronger. Imagine playing a board game with your family, but you keep secretly moving your piece when nobody’s looking.

That wouldn’t be fun, would it?

But by trusting each other and being honest, families can have the best game nights ever, filled with laughter and happy memories. The book also says not trusting others is like building a sandcastle at the beach with a friend. If you don’t trust each other to take turns adding sand and water carefully, the castle will fall apart before you can even finish the moat! But if you trust each other, you can build the most amazing sandcastle on the beach, with towers that reach for the sky and a moat so deep no wave can knock it down.

So, trust is that magic toolbox filled with tools that help you build strong friendships, happy families, and even success at work or school. By being honest, keeping your promises, and listening to others, you can build a lifetime supply of trust. With that trust toolbox in hand, you and the people you care about can climb high, share secrets, and have amazing adventures together, just like building the coolest treehouse and exploring the whole world from up high.

Join 10,000+ Readers..

Get a book summary newsletter every Monday & Friday to your Email!
Free

Best Lessons from the Book:

Lesson 1: Trust Makes Us Like Super Friends!

When you are with your best friend, you share your things, your stories, your secrets. You help each other, and you have the most fun ever! That’s because you TRUST each other. Trust is like a special handshake that says “We’re friends and we can count on each other.”

This book says trust is super important, just like your favorite stuffed animal you take everywhere. When people trust each other, things are easier and happier, like building a tower out of blocks. But without trust, things get messy, like a tower that keeps falling down.

Trust is good for families too! When everyone trusts each other, you can play games without fighting and know everyone loves you. It’s like a big hug that makes everyone feel safe and happy.

So, the big idea is: trust makes everything better, just like sprinkles on ice cream! By being honest and keeping promises, you build trust with your friends and family. And with trust, you can have the most fun adventures together!

Lesson 2: Trust: Like a Shiny Seed You Grow with Your Friend!

Remember planting a seed and watching it turn into a pretty flower? Trust is like that too! In this book, we learn trust grows stronger over time, just like your seed!

Imagine trust with your friend is a shiny seed you plant together. Every time you tell the truth or keep a promise, it’s like giving the seed a yummy drop of water. The more you take care of it, the bigger and stronger your trust gets!

But if you break promises or forget things, it’s like forgetting to water the seed. It might feel a little sad. But don’t worry! Just be honest and keep trying, and your trust seed will grow again!

The book also says you have to water the seed too! This means keeping YOUR promises to your friend, like sharing your toys. Every time you’re kind and honest, it’s like giving the seed sunshine to help it grow even stronger!

So, trust needs a little care from you and your friend, just like a seed. But with a little honesty and kindness, you can grow the biggest, shiniest trust ever, just like the prettiest flower in the garden!

Lesson 3: Trust: The Superpower That Makes Everything Faster

Ever tried to play a game with a friend who keeps changing the rules? Yeah, not fun. This book says trust is like your secret superpower that makes everything way cooler, faster, and less annoying.

Think about it. When you trust your friends, you don’t have to waste time wondering if they’ll cheat or break promises. It’s like everyone’s got a built-in “bros before foes” detector. You just know you can count on each other, bam! Problem solved, task completed, high five!

The book gives this example of a super fancy hotel, Ritz-Carlton. They trust their workers so much that the workers can make choices to help guests without asking their boss every time. Like, if you forget your toothbrush, a worker can just whip you up a new one (okay, maybe not whip you up, but find you one super-fast). This trust makes everyone happy – you get what you need, and the workers feel awesome because they can help!

Trust is like that in any situation, dude. At school, when you trust your group project peeps, you can get stuff done without arguing. At home, when you trust your siblings to clean their room (maybe…), things run smoother. It’s like having a built-in fast track to getting stuff done, and who doesn’t want that?

So, the big takeaway is trust is your secret weapon for getting things done faster and cooler. By being honest and keeping your word, you build trust with everyone around you. And with that trust, you can accomplish anything, just like a team of ultimate frisbee champs – smooth, fast, and awesome!

Lesson 4: Trust is a Choice We Make

The fourth lesson from “The Speed of Trust” is that trust is a decision we make every day. Covey explains that trust isn’t something that just happens – it’s something we actively choose to build and maintain through our actions and behaviors.

Covey shares examples to illustrate this point. One example is about a friend who always keeps their promises and tells the truth. Because of their consistent honesty and reliability, you choose to trust them more and more over time. It’s like deciding to put coins in a piggy bank – each trustworthy action adds to the trust we have in that person.

Another example Covey gives is about leaders who choose to be transparent and open with their employees. By sharing information and involving employees in decision-making, these leaders demonstrate trust and encourage their teams to trust them in return.

These examples show that trust is a conscious choice we make in our interactions with others. We can choose to act in ways that build trust, like being honest, reliable, and transparent. Or we can choose to act in ways that erode trust, like being dishonest or unreliable.

So, the fourth lesson is simple: Trust is a choice we make. By choosing to act with integrity and trustworthiness, we can strengthen our relationships and build a foundation of trust that leads to success in all areas of life.

Lesson 5: Be Honest, Make More opportunities!

This book says being honest and keeping promises is like having a magic key. This key unlocks more opportunities.

Imagine you’re always honest with your friends. You share your stories and keep your promises. Because they trust you, your friends will trust and help you more! You might even discover secret hideouts together, just like pirates finding buried treasure!

Companies that are honest get more chances to work with others. It’s like having a special “honest company” sticker that everyone wants to see! The more honest you are, the more people want to be your friend, work with you, or even give you new opportunities!

So, remember that honesty is the magic key to more fun and more friends! Be honest, and amazing things will happen!

Best Key Ideas of the Book:

1.   Trust is super important in life and work.

2.   Trust can be built and made stronger over time.

3.   When people trust each other, things happen faster and better.

4.   Trust is a choice we make every day through our actions.

5.   Trust opens doors to new opportunities for collaboration and success.

Best Book Summaries This Week

The Millionaire Next Door Summary

“The Millionaire Next Door: The Surprising Secrets of America’s Wealthy” by Thomas J. Stanley...

Read More

The Millionaire Next Door Summary, Key Lessons & Ideas

“The Millionaire Next Door: The Surprising Secrets of America’s Wealthy” by Thomas J. Stanley...

Read More

The Intelligent Investor Summary, Key Lessons & Ideas

“The Intelligent Investor Rev Ed.: The Definitive Book on Value Investing” by Benjamin Graham...

Read More

The Power of Moments Summary, Key Lessons & Ideas

“The Power of Moments: Why Certain Experiences Have Extraordinary Impact” by Chip Heath and...

Read More

The Lean Startup Summary, Key Lessons & Ideas

“The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses”...

Read More

A Year with Peter Drucker by Joseph A. Maciariello Summary, Key Lessons & Ideas

3-Line Summaries: “A Year with Peter Drucker” by Joseph A. Maciariello helps you learn...

Read More

Pitch Anything Summary, Key Lessons & Ideas

3-Line Summaries: 1. “Pitch Anything” by Oren Klaff teaches you how to convince people...

Read More

Measure What Matters Summary, Key Lessons & Ideas

“Measure What Matters” by John Doerr 5-Line Summaries: “Measure What Matters” by John Doerr...

Read More

Switch Book Summary, Key Lessons & Ideas

“Switch: How to Change Things When Change Is Hard” by Chip Heath and Dan...

Read More
Scroll to Top
Days :
Hours :
Minutes :
Seconds

— 14 DAY FREE TRIAL. CANCEL ANYTIME—

Subscribe to Newsletter

…and get business book summaries in your email every Monday & Friday.  

With over 10,000 fellow subscribers from the USA, Canada, UK and other countries, you’ll be in great company.