Ethics, Value, and Interdependence

I have been corresponding today with David C. James – a participant, like myself, in the upcoming Bootstrap Bootcamp. His email introduction caught my attention because of his reference to creating a business that will “bring profit to its owners, benefit society, and behave ethically and responsibly.” Whoa, that is what I’m all about. Here is some more of our conversation:

David:

I believe that there is lots of room for corporate responsibility these days. I believe that business people should stand up for their values — and realize that not all “profit opportunities” are really unlocking value for customers.

The argument “the customer bought it, so it must be valuable to them” doesn’t do much for me. Companies that want to succeed should be ahead of the curve when it comes to understanding what people truly want — and what they will truly value.

One good example would be the automotive industry. Which ones are innovating, so that when gas hits $5/gallon, we have alternatives to gas guzzlers? Which ones aren’t? I think ethics and long-term profitability go hand in hand.

John:

Indeed, providing measurable value from your product/service is something all companies should strive to do. If you have the resources and power to, for instance, create a more efficient vehicle… that really is the Tell of a great business. Not to mention that the production of such a vehicle would be mutually beneficial to both consumers and the company’s pocketbook. To me it runs the same lines of creating a life of value.

I feel the most value when I can be the puzzle piece to help someone succeed or reach their goal, therefore creating value in their life. Take me for example, I hope to succeed in my life and I will always work my hardest, but I know I cannot do it alone. I believe in coexistence and interdependence.

I just noticed this in David’s initial email, don’t remember reading it the first time:

For me, at least, nothing is as exciting as building something innovative. Of course, nothing really happens by yourself — you need a community and support. That’s why I’m excited about meeting other people here at Bootstrap.

2 thoughts on “Ethics, Value, and Interdependence”

  1. There are many social entrepreneurs in and outside of Austin that I would like to meet. FLOW in Austin is a group I’m looking forward to learning more about, for example. In addition, the LBJ School of Public Affairs has a large emphasis on nonprofit entrepreneurship to solve societal problems.

  2. There are many social entrepreneurs in and outside of Austin that I would like to meet. FLOW in Austin is a group I'm looking forward to learning more about, for example. In addition, the LBJ School of Public Affairs has a large emphasis on nonprofit entrepreneurship to solve societal problems.

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