In this episode, Taylor interviews Traci Brown, a deception detection expert. Traci shares her expertise on how to better detect deception and how to prepare oneself to identify it and includes key things to look for and tips to improve deception detection skills. Traci focuses on helping listeners avoid becoming defrauded and losing money in face-to-face interactions with others by improving their deception detection skills.
[00:01 – 06:26] Opening Segment
Tracy Brown is a fraud busting body language expert who helps people identify lies, fraud, and identity theft through keynote speeches, investigations and podcast
The importance of paying attention to spot fraud
She developed her skills in reading body language through her background in professional bike racing
[06:27 – 13:59] Understanding Body Language in Fraud Prevention
Body language, tone and words are important indicators of deception and should be considered together when trying to spot it
Look for clusters of signs that indicate deception, such as three or four signs that materially depart from the person's normal behavior
Deception can often be hidden in plain sight, and a deeper understanding of body language can help identify it
Consider the context of the situation and other cues, such as tone and words, to get a full picture of what is being communicated
[14:00 – 24:13] Ways to Spot Deception through Body Language
Get a person's baseline by paying attention to their non-verbal cues and asking non-incriminating questions
Look for clusters of signs that indicate deception, such as changes in behavior from their normal baseline
Be aware of the permutations of body language, similar to playing chess
Focus on the larger signs of deception before moving on to the smaller ones, and be aware of false positives
[24:13 – 31:10] Closing Segment
Quick break for our sponsors
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What is the best investment you've ever made other than your education?
Getting into real estate early
Traci Brown’s worst investments?
Hiring someone to help her on a book but it flopped
What is the most important lesson you’ve learned in business and investing?
Learn to bet on yourself
Connect with Traci Brown:
Website: https://www.bodylanguagetrainer.com/
Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/
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Tweetable Quotes:
“You got to believe the body first. Take the words with a grain of salt.” -Traci Brown