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"We all know trust, not money, is the currency of business and life." Paul Sohn. What do you say?

"World leaders confirmed this when they convened in2009 at the World Economic Forum in China, declaring that the world today is suffering from the biggest crisis of all times – lack of trust. From massive fraud in business to scandals in athletics, the world is rife with trust issues."-Paul Sohn

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Question added by HANNA SABA , Team Leader (Administrative Support), including translation, editing, and writing , Deloitte
Date Posted: 2014/01/18
Huda Baloum
by Huda Baloum , Administration Supervisor , Jordan Golden Jewel Co.

Of course, we need trust in our lives and work otherwise only strugles will occur, fear and loss will happen.

Mohammad Tohamy Hussein Hussein
by Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

Trust is gained, never given.

I see that business relies on processes which ensure the rights of all parties. I also believe that trust will boost business but that doesn't eliminate the need for tight business processes which are based on the laws legally governing the process.

Elke Woofter
by Elke Woofter , Project Assistant , American Technical Associates

My grandfather told me ….

Keep1/3 of your money fluent (in cash or bank account),1/3 in property and1/3 in gold.

Money deflates and a crises arises you always have property to live off and gold to trade.  

And yes, this concept has been practiced over centuries by rich people….  

 

I do agree, with the statement not to trust money …. Today a $1 is a dollar and tomorrow it is worth0.50 cent. The US is printing money more than it is worth … it is still a dollar today, but what is it worth tomorrow … in another country. ….   

Mohammed M Siddiqui
by Mohammed M Siddiqui , Operations Manager , Confidential

Trust will not be built in a day, it goes with time and background or profile of two companies. I am sure any new business between two starts with money and it goes on building the trust. In longer term networking or trust between companies help to grow business but as I said it needs time.

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