This is an entrepreneur's moral hot button because it exposes an entrepreneur's
own personal ethic, one that defines the moral character and bedrock CHARACTER beliefs of his or her organization.
Fundamental organization theory regarding any "power control center" will expose every time that a failure to bring
ethics to the table at the start will inevitably assure an entrepreneur's and his or her organization's failure
somewhere down the line. Want examples? How about those great entrepreneurial ventures known as Tyco, Global Crossing, and
Enron not to mention the thousands of upon thousands of new enterprises that fail every year.
An entreprneur must establish a culture of character education and proactive ethics and integrity attitudes from top to bottom from the outset.
This assures an organizationally life threatening future dilemma will be avoided. Otherwise, like the examples above,
one may wake up one morning and find everything worked for -- lost.
Did
you know that all successful entrepreneurs fail to succeed at least once in a new venture before they finally hit
the jackpot?
Did you know the average failure rate is three among successful entrepreneurs?
The . Now you know why there aren't many real entrepreneurs (Bill Gate's types) around. Failure has a way of weeding
them out pretty quickly.
Did you know that most entrepreneurs would rather invest in another business
venture rather then stocks, bonds, mutual funds, commodities, currencies, real estate, and other investment instruments
combined?
Did you know that entrepreneurs are called "transformational leaders"