How communication builds wealth and trust

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Summary

Communication is the key to building both trust and wealth, whether you’re managing a business, negotiating with clients, or discussing finances. Clear, honest, and transparent dialogue creates stronger relationships and opens the door to growth and confident decision-making.

  • Share openly: Make sure everyone involved gets regular updates and honest information, even when news is challenging, so trust can grow.
  • Create safe spaces: Encourage meaningful conversations by sharing real experiences and numbers in trusted environments where learning—not judgment—is the goal.
  • Invite input: Explain the reasoning behind decisions and ask for feedback, turning followers and customers into valuable partners.
Summarized by AI based on LinkedIn member posts
  •     🔍 The Real Trust Killer: It’s Not Poor Performance, It’s Poor Communication As someone deeply involved in the startup ecosystem, I’ve seen firsthand that the primary reason funds and startup founders lose the trust of their stakeholders isn’t due to poor performance—it’s due to poor communication.   When you raise funds, you are essentially borrowing money with the promise of making it work. It’s a partnership, not a transaction. Here are some key points to keep in mind to maintain trust and transparency:   🔹 Regular Updates: Keep your investors and stakeholders in the loop with consistent and honest updates. Whether the news is good or bad, they deserve to know the state of the business.   🔹 Transparency: Be open about challenges and setbacks. No startup journey is without its bumps, and your backers will appreciate your honesty.   🔹 Respect the Partnership: Remember, the funds you raised are not yours to use as you please. Treat them with the respect and responsibility they deserve.   🔹 Engage in Dialogue: Foster an open line of communication where stakeholders feel heard and valued. Their insights and feedback can be invaluable.   🔹 Accountability: Own up to mistakes and outline your plan to address them. Demonstrating accountability builds credibility and trust.   After all, the foundation of any successful venture is built on trust and mutual respect.   #StartupSuccess #TrustBuilding #EffectiveCommunication #InvestorRelations #Entrepreneurship

  • View profile for Kayley Hamilton

    The same skills I used as a Hollywood reporter to make headlines is how I get Founders media attention. 2X EMMY® Winner. PR agency owner. Spotlight shiner. Ft. Business Insider. Ex - Entertainment Tonight, Us Weekly

    2,612 followers

    A sales prospect stopped me mid-pitch this week. Not to ask a question. Not to object. But to compliment me. “You’re such a great communicator,” they said. I was flattered. But here’s the truth... I wasn’t born a great communicator. I trained for this. Hundreds of Hollywood red carpet interviews. Hours of media trainings. And most recently, studying the work of communications expert, Vanessa Van Edwards. Why? Because communication is the cheat code. ✅ To closing more deals ✅ Building more trust ✅ Making more money And it’s mostly nonverbal. Here are 7 high-impact lessons I recently learned from Vanessa that will instantly level up your presence on any call: 1) Steeple your hands. Shows confidence without arrogance. 2) Triple nod—slowly. Makes people feel heard (and say more). 3) End your sentences on a DOWN note. No questioning tone. Speak like a leader. 4) Expose your ear. That subtle head tilt signals warmth and openness. 5) Don’t say “How are you?” Try: “What’s good with you today?” → Warm + curious. 6) Open with a personal anecdote. “I just found the best little coffee shop in Scottsdale.” → Human connection before business. 7) Eye contact timing. Look away while speaking, lock in when you finish → authority + impact. These cues cost nothing. But they can make you rich. Ignore them, and they might keep you broke. So here’s the million-dollar question: When’s the last time you practiced your communication the way you practice your offer? Let’s stop winging it. In sales calls, in presentations, in podcast interviews. Your future clients, followers and investors can feel the difference. 🙏🏻💫

  • View profile for CA Sandhya Dhomeja
    CA Sandhya Dhomeja CA Sandhya Dhomeja is an Influencer

    Founder at FinGuru | Linkedin Top Voice | IIMB - GS10K | CA by Profession | CFO for Startups | Fintech Consultant | Head of Strategy & Growth

    9,758 followers

    𝗜𝗻 𝘁𝗵𝗲 𝗽𝗮𝘀𝘁 𝟲 𝘆𝗲𝗮𝗿𝘀, one skill has truly transformed my FinTech advisory business, with a dedicated professional team serving over 150 clients. 𝗧𝗵𝗮𝘁 𝘀𝗸𝗶𝗹𝗹? 𝗖𝗹𝗲𝗮𝗿 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝗰𝗮𝘁𝗶𝗼𝗻. 📝 In FinTech, where 𝟴𝟬% 𝗼𝗳 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝘀𝘁𝗿𝘂𝗴𝗴𝗹𝗲 𝘄𝗶𝘁𝗵 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀, I’ve found that clarity is everything. It’s how we help clients cut through complex regulations, understand compliance, and create growth strategies they feel confident about. Clear communication has built trust, fostered real connections, and allowed us to deliver lasting value. 👉 𝗪𝗵𝘆 𝗽𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝘇𝗲 𝗰𝗹𝗲𝗮𝗿 𝗰𝗼𝗺𝗺𝘂𝗻𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗙𝗶𝗻𝗧𝗲𝗰𝗵? ↳ Simplifies Complexity: When financial leaders understand a clear path forward, they’re 78% more likely to act. ↳ Builds Trust: Transparency and simplicity help clients feel secure in their decisions. ↳ Drives Action: Engaging, straightforward messaging leads to 47% higher response rates. For me, clear communication isn’t just a skill—it’s a game-changer. In the fast-evolving world of FinTech, clarity transforms confusion into trust and hesitation into decisive action. It’s the foundation that builds strong partnerships and fuels real growth. So, if you’re ready to make a lasting impact, start by making your message crystal clear. Because in FinTech, clear communication isn’t optional—it’s essential. #FinTechAdvisory #ClearCommunication #ClientTrust #FinTechGrowth #BuildingConnections

  • View profile for Sriram Gollapalli

    Exited Founder, Co-founder/President at Long Angle, Angel Investor

    3,693 followers

    Money talk is awkward. Until one person shares real numbers. Then the floodgates open... Typical wealth conversations (outside our community) go something like this: "How's business?" "Pretty good year." "Same here." *awkward nod* Inside Long Angle, we have meaningful conversations about wealth every day (which is a big reason we started it). But recently, one thread went deeper than usual. In our community, someone shared their exact annual spend: $430,610.45. They broke down every category - from childcare to travel to charitable giving. What happened next surprised me — but it was a great lesson. Within hours, many others shared their real numbers. Not to compete or compare, but to learn. To benchmark. To understand. It was one of the biggest, most active threads we’ve had in there. And it made me realize something — transparency is an extremely powerful connector, but it only works under specific conditions: → In spaces built on trust → With verified peers who share context → When the goal is learning, not flexing → Where there's no selling or solicitation The impact? People started having the conversations they actually needed: → How to think about spending vs saving → What's reasonable for different life stages → Where to invest in quality of life → How to balance present enjoyment with future security Real numbers create real conversations. But they really do need the right container. Start small. Find your trusted circle. Share thoughtfully. Hopefully our community makes it a tiny bit easier.

  • View profile for Matt Davis

    Leadership Development Speaker | Organizational Culture, Trust & Psychological Safety Expert | Lieutenant & Crisis Negotiator | Building High-Performance Teams | Law Enforcement

    14,476 followers

    🔓 From Trust Crisis to Trust Building: The Foundation of Transparent Communication 🔓 🌟 Why Transparency Matters Great leaders don't just announce decisions—they share the story behind them. When I was a police sergeant, I learned that telling my team "We're changing patrol routes" created confusion and resistance. 😤 But explaining "Crime patterns shifted east, response times increased by 3 minutes, so we're adjusting routes to better serve the community" built understanding and buy-in. ✅ 💫 The Vulnerability Factor Transparent communication requires leaders to be vulnerable. Admitting uncertainty, acknowledging mistakes, and sharing constraints creates psychological safety. 🛡️ When leaders say "I don't have all the answers," they give permission for others to contribute solutions. 🤝 ⚡ In Practice Replace "This is how we're doing it" with "Here's what we're facing, here's my thinking, and here's how your input will shape our approach." This shift transforms followers into partners and builds trust through inclusion rather than exclusion. 🌱 📊 The Research Connection Kelloway et al. (2012) found that clear communication from leadership directly correlated with increased trust and psychological well-being. Transparency isn't just nice to have—it's measurable competitive advantage. 📈 🏆 Trust: The Superpower of Leadership starts with transparency. When leaders share context, reasoning, and even their uncertainties, they create environments where innovation thrives. ✨ 💪 I help organizations transform trust into high-performance through the BELIEVE Framework program. Reach out to me if you need to Lead Boldly, Build Boldly, Grow Boldly. I am here to help. 🚀 📚 Reference: Kelloway, E. K., Turner, N., Barling, J., & Loughlin, C. (2012). Transformational leadership and employee psychological well-being: The mediating role of employee trust in leadership. Work & Stress, 26(1), 39-55. #TransparentLeadership #TrustBuilding #BELIEVE #LeadershipDevelopment #PsychologicalSafety #TrueBoldness

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