Building A Trust Account

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Building A Trust Account:

Kris Costa Director, Agriculture Programs College of the Sequoias Visalia, CA January, 2011 Building A Trust Account

Success comes from…..:

Success comes from….. Motivation Education Experience Technology Work Ethic Ultimately….. your success can be linked to your “trust” balance.

Slide 7:

Motivation The driving force which causes us to achieve goals. Extrinsic Motivation

Slide 8:

Intrinsic Motivation

Slide 9:

Education Education is not received. It is achieved.” Anonymous

Slide 10:

Experience Experience is not what happens to you. It is what you do with what happens to you.” Aldous Huxley English Novelist and Critic, 1894-1963

Slide 11:

Technology Technology makes it possible for people to gain control over everything, except over technology” John Tudor

Slide 12:

Work Ethic “The best way to appreciate your job is to imagine yourself without one.” Oscar Wilde

What is a Trust Account?:

What is a Trust Account? Experience Patterns Words Actions Everything that person A knows about Person B

Bank Account VS. Trust Account:

Bank Account VS. Trust Account Tangible Deposit Cash Checks Via direct deposit At a branch Withdraw when needed You can only withdraw as much as you have deposited. Intangible Deposits One’s actions One’s words One’s talents One’s attitudes Withdrawals when needed You can only withdraw as much as you have deposited

Trust is tricky…:

Trust is tricky…

Building an account balance:

Building an account balance Do what you say you will do…always! Keep secrets behind clear boundaries No gossip allowed Speak your feelings Honor your promises Be open Be consistent Be competent Demonstrate a strong moral ethic Never lie, but if you do lie, admit to it

Withdrawing from your account:

Withdrawing from your account Fast Cash Withdrawals Tardiness Gossip Other examples…. Balloon Payments Repeated fast cash action Lies that have ripple effects Other examples…

The Goal:

The Goal Deposit 10 times more than you withdraw When a withdrawal is necessary - do all you can to limit the amount of withdrawal Take some time to evaluate your account and it’s value.

Give it a Try!:

Give it a Try! Kris Costa Director, Agriculture Programs College of the Sequoias 559.737.4891 www.cos.edu/ag krisc@cos.edu