Seven Reasons Why Ethics Helps Your Business Succeed--And Five Easy Action Steps
Written by Shel Horowitz
Shel Horowitz, Apex Award winning author of Principled Profit: Marketing That Puts People First and founder of the international Business Ethics Pledge campaign, shares 7 reasons why ethics will help your business succeed and 5 easy steps you can take towards building a more ethical business.
7. You're much more likely to build a lasting business, and build it more easily
6. When your customers trust you, they come back again and again
5. It's much easier to build joint-venture relationships that can exponentially grow your business
4. When your customers fall in love with the way you do business, they start recruiting other people to do business with you--they actually become your unpaid sales force
3. Your business will be worth far more when it's time to sell it
2. If you tell only the truth, you don't worry about being caught in an embarrassing and profit-killing lie
And the number one reason...
You never have to worry about seeing your picture on the front page, in handcuffs
Action Steps:
1. Measure the impact of any action on all stakeholders: customers, employees, suppliers, neighbors
2. Always tell the truth
3. Sell only products that you can fully stand behind
4. Buy a copy of the award-winning book Principled Profit: Marketing That Puts People First, which tells you in 160 pages exactly how to translate your high ethical standards into bottom-line dollars. This book has been endorsed by some of the top names in marketing, including Jack Canfield, co-creator of the Chicken Soup series, won an Apex Award, and has been re-published in India and Mexico. http://www.principledprofit.com
5. Show your commitment to ethics by signing the Business Ethics Pledge, with signers in 30 countries, and take advantage of the resources available to you as a signer (signing also earns you a discount on the book, as a way of saying :"thank you"). http://www.business-ethics-pledge.org
Article author
About the Author
Further reading
Further Reading
Article
How Self Drive Car Rental in Bhubaneswar Is Changing the Way Odisha Travels
Self drive car rental in Bhubaneswar is no longer just a trend it's the smart traveller's choice. Learn how car rental self drive saves time, money, and stress every single trip.
August 26, 2026
Article
Smart Partnership Development Strategies for Revenue Growth
Discover smart partnership development strategies to build strong business relationships, expand market reach, improve partner performance, and drive sustainable revenue growth.
August 23, 2026
Article
Battery Electric Vehicle Market: Emerging Technologies Driving Industry Expansion
The Battery Electric Vehicle Market is rapidly expanding as consumers and businesses shift toward cleaner transportation. Advancements in battery technology, faster charging, declining costs, and expanding charging infrastructure are supporting adoption.
August 19, 2026