How to Build Trust and Avoid Being Lied to as an Entrepreneur

Entrepreneur Network partner Patrick Bet-David outlines four levels of trust in business and seven types of lies people tell.

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
Entrepreneur Network Contributor
2 min read
Opinions expressed by Entrepreneur contributors are their own.

Being an requires knowing who to trust and how to handle different types of people. In this video, Entrepreneur Network partner Patrick Bet-David outlines four levels of trust and seven types of lies.

To protect entrepreneurs from getting taken advantage of, and more, Bet-David makes distinctions among strangers, acquaintances, friends and best friends in business, and he describes the defining characteristics of each. It takes a long time to find someone who you can truly trust in business, he explains. You can't force it any more than you can force love by marrying a stranger.

He also breaks down seven types of lies people tell, from white lies to plagiarism. Learn how to identify and respond to people of different trustworthiness levels, he advises. Your destiny as an entrepreneur is up to you if you know how to handle all kinds of people and scenarios, rather than blame them when things don't go your way. 

Related: Keep Going: How to Avoid Burnout as an Entrepreneur

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Amazon FireRokuApple TV and the Entrepreneur App available on iOS and Android devices.

Click here to become a part of this growing video network.

More from Entrepreneur

We created the SYOB course to help you get started on your entrepreneurial journey. You can now sign up for just $99, plus receive a 7-day free trial. Just use promo code SYOB99 to claim your offer.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Are you paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.

Latest on Entrepreneur