article thumbnail

7 Ethical Fictions Lead Many New Entrepreneurs Astray

Startup Professionals Musings

One 11-year study of over 200 companies over a decade ago, detailed in the book “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks.

article thumbnail

7 Myths About Ethics Which Will Hurt Your Business

Startup Professionals Musings

One 11-year study of over 200 companies, detailed in “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

7 Delusions About Business Ethics Limit Future Growth

Startup Professionals Musings

One 11-year classic study of over 200 companies, detailed in “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks.

article thumbnail

7 Cultural Myths That Can Destroy Your Moral Compass

Startup Professionals Musings

One 11-year classic study of over 200 companies, detailed in “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks.

article thumbnail

Ideas to Help You Capitalize on the Sports Betting Boom in the United States

The Startup Magazine

As more states legalize sports betting – likely more will follow suit as a way to drum up some extra tax revenue – it is an excellent time to get in and capitalize on the booming and competitive industry as a gaming entrepreneur. Maybe you even want to look into a job at an offshore sportsbook. Get a Job with A Sportsbook.

article thumbnail

Startup Founders Face Serious Business Culture Myths

Startup Professionals Musings

One 11-year study of over 200 companies, detailed in “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks.

Founder 120
article thumbnail

Innovation, Change and the Rest of Your Life

Steve Blank

And for consumer hardware, no startup has to build their own factory as the costs are absorbed by offshore manufacturers. Meanwhile every other department in the company would be making their plan – meaning the company was burning cash without bringing in revenue. China has simply become the factory.

Restful 249