What is Ethical Business Building?
Ethical business building is simply striving to put ethical practices at the core of your business philosophy when dealing with customers, employees, shareholders, vendors, and the community. Thomas Stanley in The Millionaire Mind
In my opinion, Jack Schickler hit the nail on the head when he taught me this:
It has been my experience that unethical business practices always catch up with the offender in a very unpleasant manner and usually from a least expected direction. Sometimes it might be years later. I can say that all of the experiences I can remember wherein I was initially harmed by unethical practices ended up as wonderful blessings and opportunities for my business. It takes a lot of faith to believe that those results will be forthcoming, but it happens to work out that way - John “Jack” Schickler - Founder and CEO of Fleetcross
The following paragraph was in response to my question to Bob Reiss, considered to be the world’s first Bioengineer and founder of several Biomedical businesses, on the importance of ethics in business.
You are advised never to forgo your principles for a short term gain while promising yourself that over the long haul you would not in fact give in to unprincipled behavior. Once you act unethically you have begun the long slide to infamy. When you are desperate you must know that these temptations will rise to the surface. That is the time to vow that you would rather go down to short term defeat than violate your principles. When you violate them they are lost forever! - Bob Reiss, 2004
Those are the ideas and “Founding Concepts” behind the Ethical Business Builder blog. Throughout this blog I’ll provide you with insights into ways to grow revenue, increase profits, find and hire the best employees, and build a business ethically, honestly, and proudly. I hope that you make building an ethical business a priority so you can enjoy the rewards (monetary and otherwise) that come from it.
To your success, Bryan
