Monday, November 15, 2010

How To Business... Business Ethics: BizBit #1 - Stay Away From The Grey Areas

Business Ethics: BizBit #1 Stay Away From The Grey Areas

I would encourage anyone in business to have an honest discussion with themselves and/or partners prior to doing their first transaction.

This should be a frank discussion about parameters, boundaries and what practices are acceptable and which ones are off limits. 

Opportunities will present themselves constantly and after you've had that heart to heart you will be better equipped to place each one in the category it belongs. There are so many ways to do legitimate, honest business and the potential cost for operating in the grey doesn't justify itself.

A ruined reputation or jail time will cost more in the long term than any amount of short term gain.

In business remember... If It's Grey, Stay Away!!

H2B
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