Amen!
If you are willing to compromise principles because “It’s just business” Why would I trust you to treat customers, people I care about, or me with anything but a what is best for you attitude?
Fire these people immediately!
(Via Seth’s Blog.)
Successful businesses have to be built on a foundation of integrity. You have a responsibility and trust built between yourself, your customers, your investors/shareholders, and your employees.
I have seen early startups swimming in deception about things like financial pro formas, market opportunity, sales pipelines, funding opportunities–they always flounder or fail in this state. Leadership that is willing to compromise their integrity will infect their companies with a cancerous tumor that is complicated to eradicate.
Marketwatch covers the H-P scandal and makes a nice reference to how Warren Buffett values managers, with integrity as a key tenets
(Via Marketwatch.)
Ed Sim adds color to a good post by Andy Sacks of Judy’s Book about questions you should ask of your business.
I think this highlights a broader and more important entrepreneurial concept–turning your brain back on.
Becoming an entrepreneur requires you to turn your brain back on after quit possibly years of corporate brain drain. You have to open your eyes and see and understand everything that is going on around you. I equate it to the lessons I teach my son about Chess:
(Via BeyondVC.)
An interesting reflection piece by Seth Goldstein on entrepreneurship. Seth, the CEO of an interesting start-up Root Markets, provides Some Rules for Entrepreneurs.
