Business Ethics for Kidpreneurs
Kidpreneurs can have bubbling ideas to start new businesses, but to make the cut it requires real commitment to conduct business the right way. That’s why teaching business ethics is very important. Teaching them honesty, accountability, integrity and a caring attitude helps them become better entrepreneurs. Defining Ethical Business Conduct for Kidpreneurs Here are a few values that kidpreneurs must imbibe to become successful entrepreneurs: Honesty - Truthfulness in their interactions and operations. Fairness - Treating employees, partners, vendors and customers equitably. Integrity - Matching actions with values, doing the right thing without any compromise. Accountability - Admitting mistakes and correcting them. Being transparent about their business practices. Respect - Respecting everyone’s humanity, privacy, intellectual property and right to fair compensation. Compassion - Conducting business kindly. Caring about the well-being of people and the planet. Responsibility - Cons