{"id":3080,"date":"2022-05-04T15:31:22","date_gmt":"2022-05-04T13:31:22","guid":{"rendered":"https:\/\/www.partner-mediation.com\/?p=1339"},"modified":"2024-07-10T08:29:39","modified_gmt":"2024-07-10T08:29:39","slug":"the-fundament-of-your-start-up-part-ii-level-up-trust","status":"publish","type":"post","link":"https:\/\/www.partner-mediation.nl\/en\/the-fundament-of-your-start-up-part-ii-level-up-trust\/","title":{"rendered":"The fundament of your start-up part 2: Level up trust"},"content":{"rendered":"\r\n<p>Building a company with your Co-Founders asks for a good and thorough fundament. In part I we spoke about the cap table and the impact of the cap table on the underlying dynamics between co-founders.?<\/p>\r\n\r\n\r\n\r\n<p>Today, in part II we discuss the importance of Trust. You can?t have a healthy relationship without it. At the same time we all experienced a situation where our trust has been broken. When that trust breaks down, conflict may arise between the parties involved.?<\/p>\r\n\r\n\r\n\r\n<p>How do we build trust? And how do we keep the level of trust as high as possible?<\/p>\r\n\r\n\r\n\r\n<p>First, we can differentiate between several levels of trust. We distinguish between: ?no trust?, through ?functional trust?, up to ?invested trust?, and ?blind trust?.?<\/p>\r\n\r\n\r\n\r\n<p>As you can see the level of commitment arises together with the authentic effort we put into the relationship. With authentic effort we mean predictability and consistency of response over time.?<\/p>\r\n\r\n\r\n\r\n<p>What behaviour helps predictability and consistency? In practice following behaviour is helpful to level up trust:<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>Keep your word, even in the most difficult circumstances?<\/li>\r\n<li>Be consistent in your behaviour, do what you say and say what you do<\/li>\r\n<li>Walk your talk, be an example for others, creating the right trustful company culture<\/li>\r\n<li>Communicate clearly, be transparent what you have or have not committed to<\/li>\r\n<li>Take time, remind yourself that it takes time to build and earn trust and take time before you take a well thought decision<\/li>\r\n<li>Value the relationships you have, do not take them for granted<\/li>\r\n<li>Be honest, tell the truth, although that might be painful<\/li>\r\n<li>Be consistent in your values and vision, or otherwise address new insights?<\/li>\r\n<li>Help others, in this way you are highlighting the fact ?we are in this together?<\/li>\r\n<li>Show your feelings, and your vulnerability<\/li>\r\n<li>Admit your mistakes, and share your learnings.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>In our True Conversations, trust is a recurring subject because it is so fundamental to the success of the company and the wellbeing of the founders.?<\/p>\r\n\r\n\r\n\r\n<p>Sometimes the pre mediation session is a beautiful, essential conversation emphasizing the honest connection, sometimes it is tough and painful to address the situation where people lost each other and to explore if this can be repaired.<\/p>\r\n\r\n\r\n\r\n<p>Carthage Buckley (no date) and Bonoir, 2018<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Building a company with your Co-Founders asks for a good and thorough fundament. In part I we spoke about the cap table and the impact of the cap table on the underlying dynamics between co-founders.? Today, in part II we discuss the importance of Trust. You can?t have a healthy relationship without it. At the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2848,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[106,107,119,120,94,108,121,104,109,110],"class_list":["post-3080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-geen-onderdeel-van-een-categorie","tag-businessmarriage-conflictmanagement-problemsolving-startups","tag-business-mediation","tag-businesspartners-en","tag-conflictmanagement-en","tag-conflicts","tag-foundersclash","tag-mediation-en","tag-problemsolving","tag-startups","tag-trust"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The fundament of your start-up part 2: Level up trust - Partner Mediation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.partner-mediation.nl\/en\/the-fundament-of-your-start-up-part-ii-level-up-trust\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The fundament of your start-up part 2: Level up trust - 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