Business Ethics
By: A Staff Writer
Updated on: Jul 19, 2024
Does the Right Thing Pay Off?
It’s tempting to cut corners, especially when starting out. Here’s why integrity matters.
- Values = Foundation: What do you stand for, even when NO ONE is watching?
- Reputation is Priceless: Trust is hard-won, easily lost, and essential for long-term success.
- Attract Like-Minded: Ethical clients, partners, and employees are easier to work with.
- Sustainability Sells: Increasingly, consumers care about how products are made and companies operate.
- Avoid Costly Mistakes: Lawsuits, fines, and bad PR hurt more than doing ‘the hard thing’.
- It’s Not Just Legal: Ethics surpass mere legality. Do what makes you proud.
Short-term gains from shady practices NEVER outweigh the long-term hit.