Understand your principles, maybe write them down, and don’t waver. The problem is when you let the money become more important than your principles.
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What you focus on in life you become. There are plenty of wildly successful, good people. Look for their biographies, read their stories.
What is the definition of evil greedy?
You have been misinformed. Many entrepreneurs had a social conscience and did good in the world. Even Rockefeller. While he ran Standard Oil he brought the price of kerosene down from $1 a gallon to 6 cents. Many people around the world benefited. He also gave away millions to education and charity. I know it is fashionable to think he was some kind of monster, he wasn't. Suggest you read "Titan" for more information.
There are plenty of other examples I only mentioned him because you did.
First try to become rich then we'll see if you are still interested in these kind of empty shell topics
this needs to be at the top…
Statistically, the pinnacle of your entrepreneur career will be when you almost broke even that one month. I wouldn't spend a lot of time worrying about what happens once you've conquered the world.
If you're really worried about it, maybe run a lemonade stand for a bit and see if you feel evil.
OP is prematurely worried about the wrong things (unless it's a troll post)
I read somewhere that lemonade stands are the pinnacle of evil and white supremacism. Might want to rethink that
Not that I have experience being a wildly successful evil genius billionaire, but I think I can give the same advice I give when women protest that they don't want to lift weights because they don't want to suddenly end up super jacked.
I can't imagine it creeps up on you out of nowhere. I've been trying to do this for like 3 years, and I don't look like Arnold or Rockefeller yet. You'll probably be good man.
I immediately thought of "accidentally tripped over a barbell and became Arnold" when I read the OP.
Money typically doesn't change you it just brings out who you really are.
lolol i know like a dozen entrepreneurs. not one is greedy or evil. simple answer just don’t be evil or greedy lol.
im sorry but this is a stupid question.
The most selfless people I know are entrepreneurs. The ones that survive are constantly thinking about how to serve others.
Can you give me suggestions?
Make your fortune and then reward your employee's so that they aren't living in poverty doing their best for your company.
There is more than enough money investment available that you don't have to prioritize Investors unless your idea is absolute shit. 😂
Buy Real Estate and rent it out to your employees at an affordable fee is a very easy way to take care of your team.
In my opinion it can do both but I see your point
I don’t go to the gym because I don’t want to accidentally end up looking like Arnold Schwarzenegger. Yup, that’s why I don’t go to the gym.
Entrepreneurship doesn't have to mean being callous – ethical entrepreneurship or leadership is absolutely achievable. However, most top entrepreneurs display psychotic behaviors. They frequently leap over moral and ethical boundaries, intensely focused on their goals, which accelerates their success. While you take into account your team's well-being and the consequences of your actions, these individuals are often way ahead, making significant strides.
As you gain more market share, the competition heats up. Some rivals, echoing your vision, may have an even more relentless (and unethically unforgiving) approach, possibly surpassing you. This kind of intense resolve is common among many politicians and world leaders as well. Interestingly, some groundbreaking ideas might need stubborn, disruptive individuals to upend the status quo. Take Uber, for example. If I had been its founder, it likely would have failed. It required a turd like Travis Kalanick to navigate through deep-seated bureaucracy and mold it into its current form.
However, it's important to remember that while tech companies often claim to be making the world a better place, their absence wouldn't necessarily make our lives worse – perhaps even better in some aspects. Find your vision, and execute it, but the manner in which you do it matters. I've realized you don't have to play the race game and fall into the demanding venture scale pace.
You don't have to be Tesla; you can be Volvo. 🙂
Most people who create their own wealth are very nice & generous people.
I have worked jobs that made me think like a cynical asshole due to bad working conditions. I quit those jobs and regained my kind, egalitarian attitude. If you do not like who you are becoming as a business owner, you can quit and find some other way to make a living.
Also you will not accidentally make a huge company. Scaling up like that is an extremely deliberate process, involving a lot of different people cooperating, that usually doesn't work even under the most favorable conditions.
This is hilarious. Dude, you are decades away and a lottery win from even thinking about being a JP Morgan or some rail tycoon oil robber baron. You'll be working your ass off to keep the lights on, let alone have time to think about being 'evil'.
It’s easier than you might think to be an empathetic and generous entrepreneur. I regularly deploy resources to solve people’s problems, be they employees, contractors or random acquaintances. It makes me feel good. If I acted differently, I could have more capital but I like be less fulfilled. You could just choose to not be an evil greedy person. In any case, this seems like something to worry about a bit further down the line.
I'm similarly sensitive, so I get it. Two of my friends reminded me, ideally business is where both parties benefit.
I do in-home tech support for seniors for a living. I charge a lot of money, but make sure they just never have headaches again. In many cases I'm able to remove hidden fees/deceptive packages from their Internet and cell phone bills, so they actually make money on my visit. Yesterday I charged a guy 450 to install and configure his new PC, and saved him 1200/yr on his cable/Internet bill during the appointment. He gave me a $50 tip.
There are win-wins out there!
As a business owner, one of the perks is the opportunity to embody your philosophies and create an environment/impact that you wish to see more of.
For example, in my business, when there’s extra profits/bonuses earned as a company they’re distributed out to the entire team, from our entry level part time appointment setters to our best sales reps. Everybody gets a piece. We’re transparent about commission rates and what we earn so nobody feels in the dark about “how it works.”
I’m nowhere near Rockefeller or Carnegie in terms of monetary success but I can sleep at night knowing I run things by my terms and our people are happy- and that’s good enough for me.
Also, knowing when “enough is enough” I’ve reached a point where if I paid myself 2x or 5x or 10x my current salary it wouldn’t make a difference in how I live my life so I just don’t take it out. I pay my expenses (low 5 figs) and that’s it- so I guess that’s how.
Talk about overthinking things here lol! :D You are who you want to be. You can chose who you want to be....if you get rich by some luck or hard work...you can still decide if you want to do good, from donations, generosity and helpfulness especially toward the needy or suffering....your are your own lucksmith.
I'm an entrepreneur and I tell my guys if you cant help the customer for whatever reason giver them discounts ect. I'm not a terrible person but it still costs me to have my people out to do what they do. There's many bad apples in my industry, trying to change it for the better even if i don't make as much.
It’s all about your priorities and the decisions you make. You absolutely can be an entrepreneur and not be a greedy jerk. I’d argue that you will actually be more successful as an entrepreneur if you focus on relationships and building value rather than maximizing profits. It comes down to long term vs. short term vision.
Slow down cowboy, you gotta get rich first.
https://www.marieforleo.com/blog/making-money-guilt . Have a look at this. And also, you need a lot of money to counter the evil people, so, that doubles the need for you to get enterprising. You're a good guy since you're thinking this way, full speed ahead! Go for it!
To me a business is like money—nothing more than a tool. It will usually bring out what’s in you. If you’re not an evil, greedy bastard, business ownership won’t turn you into one. But if you are, you will be, whether you own a business or not.
Money doesn’t change you. It exposes who you are. Those people did a lot of philanthropy as well and fed a lot of families with jobs. You can take whichever view you want.