Running a successful business requires not only hard work and dedication but also a strong understanding of the fundamental principles that guide ethical decision-making.
In this discussion, we will be focusing on some universal principles that apply to all areas of business and share some tips on what not to do. I will be sharing valuable insights on things to never ever do in business.
Whether you are an established business owner or just starting out, this conversation will provide you with the necessary knowledge to avoid common mistakes and make ethical decisions that promote long-term success. Let's dive in!
Show notes:
[06:06] #1 Never ever delegate or advocate the handling of your checkbook.
[16:56] #2 Never ever invest in things that you do not understand and cannot explain.
[20:36] #3 Never ever do a business deal with someone that you do not trust, out of greed for your proposed return on investment.
[26:49] Recap
Episodes Mentioned:
2320: Money-Increasing Principles
2321: Healthy Money Mindsets
519: Why Big Mouthed Lavar Ball Is THE MAN -- and You Need To BE Paying Attention
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