I'm proud to be associated with the value system at Berkshire Hathaway; I think you'll make more money in the end with good ethics than bad.
Charlie MungerRead
Without question, the single most important attribute of a successful entrepreneur is integrity. And that's not some philosophical or theoretical malarkey; it's hard-nosed fact.
Interpretation
Integrity is the most crucial quality for successful entrepreneurs.
David S. Rose emphasizes the fundamental role of integrity in entrepreneurship. He argues that being honest and trustworthy is essential for achieving true success in business, and it is not merely a theoretical concept but a practical truth that all entrepreneurs must embrace.
In practice
During a business seminar on ethics, this quote can highlight the importance of integrity in entrepreneurship.
I'm proud to be associated with the value system at Berkshire Hathaway; I think you'll make more money in the end with good ethics than bad.
With the Supremes I made so much money so fast all I wanted to do was buy clothes and pretty things. Now I'm comfortable with money and it's comfortable with me.
To understand KKR, I always like to say, don't congratulate us when we buy a company. Any fool can buy a company. Congratulate us when we sell it and when we've done something with it and created real value.
I think we're having fun. I think our customers really like our products. And we're always trying to do better.
The person who is to succeed will never let his mind dwell on past mistakes. He will forgive the past in his life and in the lives of other people. If he makes a mistake he will at once forgive it.
Replace your pursuit of success with the pursuit of contribution.
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