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Informative Articles

Affirmative Inaction
One of Abraham Lincoln's claims to fame is the fact that he is best known for abolishing slavery. While he may have felt some personal satisfaction from liberating the Negroes from their bondage, Economy was the main reason why he made his...

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Just Do It
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Managing Creativity and Innovation part 1 of 2
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Network Marketing Opportunities-The 7 Top Things to Find Out and Ask about an MLM Company
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Not Getting the Support or Buy-In You Want? Try a little empathy!
"It’s not who is right, but what is right, that is of importance." Thomas Huxley "An open ear is the only believable sign of an open heart." David Augsburger "A human being is a part of the whole called by us universe, a part limited in time and...

Organizational Culture, Creativity, Innovation
It can be concluded with great certainty that certain organizational cultures inhibit creativity and innovation whilst others foster it. Some organizations are just better at identifying problems, generating and selecting valuable ideas and...

Thai women odded business beats the odds
My Thai, Direct Importers celebrates 3 year anniversary milestone. Wilmington, DE---May 1, 2003—My Thai, General Partnership, a Delaware based direct importer which started operations May 1, 2000, offers quality handcrafted products...

The 7 Principles of Business Integrity
If you have integrity, nothing else matters. If you don’t have integrity, nothing else matters. - Alan K. Simpson If I were to ask you which attribute is the most influential in regard to the success of a business, would you know...

 
 
 
The Almighty Buck

The almighty buck can actually be detrimental to your business. Think about it, if all you think about is how much you can make, are you really focusing on the other aspects of running a business. For example quality control, safety of your product, etc. If money is your only motivating factor, what corners are you cutting to make the Almighty Buck.

If your focus is only on the Almighty Buck are you missing other opportunities, (to make more money), because the only thing you have on your mind is how much you can make.

With the Almighty Buck as your only motivating factor you are destined to run into problems with your business. The corners you cut, the opportunities you miss, the people you disappoint, are going to be your downfall.

We see and hear about the Almighty Buck more and more every day. We get emails that tout “Get Rich Quick”, “Make thousands working only 2 hours a weeks”, “Make Money Selling ____(put in a product name) from home”.

While, yes, we all go into business to make money, that cannot be your only motivating factor. If you are blinded or sucked into these schemes I can pretty much guarantee you, you will get nothing out of it. The only person who will make any money is the person selling it, and usually for only a short period of time. Then, they too, need to find the next “great opportunity”. These type of offers play off of a terrible trait the majority of us in this culture have, “greed”. Remember, if it sounds to good to be true it usually is.

So, you ask, if I am not going into business to make money, why am I. Well, not to be evasive but only you can answer that. Also, I am NOT saying that you should not want to make money. We go into business to provide ourselves with a roof

 


over our heads, the ability to cloth ourselves, and our families, feed ourselves, and help ourselves buy the things we need to keep going. So yes, money is important to us. However, it is not the be all and end all. The successful business owner realizes that how he runs his business, and treats his customers is paramount to staying successful.

Think of some of the offers mentioned above. They sell their offer, the person gets it, realizes it won’t work, and then bad mouths them. So yes, for a while they will sell, but will they ever get a repeat customer? Will that customer recommend others? Probably not. Those of us in business for the right reasons, in addition to making money, get repeat customers, and our customers refer others to us. And many of us have been in business long enough, have made our mark, are making a good living, and are giving something back.

That is what the really successful people do. Look at Bill Gates, Jay Leno, Bob Hope and so many other owners of large corporations, in show business or sports. Not all of them are only in it for the money. All of these people contribute to a variety of causes. While you might not agree with some of their views, or the way they run their business; they all give something back.

So remember, business is not always about the Almighty Buck, it’s about how you treat people, and how you want people to think about and treat you.

Copyright 2003 DeFiore Enterprises


About the Author

Interested in having your own successful, home based creative real estate investing business? Chuck and Sue have been helping folks start successful home based businesses for over 19 years, and we can help you too! To see how, visit http://www.homebusinesssolutions.com