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The Importance of Ethics As You Approach the Business World

Expert Author Ken Sundheim

Although you would think most business is done by contracts and contracts rule the world, however you will quickly discover that there are people called lawyers and they are overpriced. Therefore, if you rip someone off for $10,000 or possibly more, you are most likely not going to get sued. It is just not worth it for the party who got taken. Business is done by trust. Both parties have to trust each other and, although they sign a contract, a lot of business is done by a handshake. Nobody is going to come after you for $5,000. Well, most people will not.

I know someone who went to jail because he stole money from the company which he was working for. He was a "whiz kid" in the industry in which he was in. He was able to steal millions of dollars. Let me assure you of this, if you steal from a company, you're not going to get away with it. That's what the IRS, FBI and accountants are for. I spent a weekend with this person among other people. Now that he is out of prison, he has used his skills to become very successful in another industry. Though, his personality is a little off. You can notice this right away. Prison changed him somehow.

Prison is not a fun place and that theory that you have heard about "Club Fed" is not a club at all. It is a prison and you spend most of your day locked up in a cell. You have a cellmate whom you don't choose. So, you spend your time with this person 16 hours a day. This person is a criminal. The odds of you really liking him are not good. Did you think that your freshman roommate was a pain, multiply the annoyance of that person by 100x.

Even more important than avoiding prison is that you will die someday and people will remember you in certain aspects. If you led an unethical career, that is the first thing that people will say about you. At best, they may say something like, "Even though he had some bad morals, I still liked the person." Does this sound good to you? Understand that the money that looks so glamorous and that you see on television such as Bernie Madoff's yachts in the South of France don't mean a thing if you don't earn it. Not a single thing.

Have you ever been ripped off? Even for something like $10? I'm sure you have. How did it make you feel? I was taken for over $15,000 before. It was not a fun feeling. You feel sort of stupid. Would you want to make somebody feel this way? Would you label that person a thief? Would you like to be known by that noun? You must ask yourself these questions. You're about to go into a career and you want to make money. I was so hung up on it as well. I started by business when I was 25 and I once did not pay $1,000 to someone. I was too in love with the money. As I got older and more mature, it made me feel badly. I felt like something was wrong. I paid it back two years later.

Since I own a recruiting firm, I deal with execs all the time and when they begin to steal money, or "cook the books" it hurts everyone in the company. Yes, I can tell you how to interview where you will blow the socks off the person, I can teach you how to open a business at an early age, but I cannot teach ethics. Nobody can. All I can do is attempt to persuade.

Ken Sundheim is President and Founder of KAS Placement "KAS Sales Recruiter"

New York City Marketing Recruitment

Boston Executive Sales Recruiters and Employment

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