Tools for building a business people trust - Deepstash
The Trust Tools Of Your Business Ecosystem
  • Trust does play a meaningful role between success and failure of business ecosystems.
  • It wasn't always the final nail in the coffin, but it was relevant [enoug...

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Tools for building a business people trust

ted.com

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Many of the successful ecosystems define very well who is allowed in and who can be kicked out of the platform for bad behavior. 

HopSkipDrive does access well. It takes...

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Trustworthy ecosystems formalize a relationship with all participants through contracts. If you've ever clicked the box "I agree to the terms and conditions," you signed an ecosyst...

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Successful ecosystems encourage cooperation through rewards, or by motivating participants to interact with each other in a positive manner. eBay and Amazon use reputation as an incentive

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Not forced control, but more like a gentle guidance, like an invisible hand nudging you in the right direction. Successful ecosystems shape the behavior of participants so the kind of cooperation r...

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Ecosystems who are trustworthy make past and present behavior visible to everyone participating in the platform. And that's the reason why you feel a pit in your stomach if you've ever booked an Ai...

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How does the platform handle mishaps or prevent them from happening in the first place? Did you know that LiveAuctioneers, an auctions platform for art, collectibles and antiques, has a broad prote...

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You don't need all the tools to be successful.  

So how do you pick? It depends on the kind of ecosystem you design. If interactions among the participants are key, like in most soc...

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