The EntreLeadership Podcast Is Bribery Giving My Competition An Edge?
4 snips
Jun 9, 2025 Ethical dilemmas in business relationships take center stage, questioning the line between gifts and bribery. A leader at Chick-fil-A discusses instilling proactivity in his team. Challenges abound for a business owner wrestling with the demands of a government contract. A dentist reflects on whether to use cash reserves to pay off her building. Insights on resilience in small business ownership highlight the importance of learning from adversity while navigating growth and financial decisions.
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Ethical Client Relationship Building
- Building relationships ethically through activities like hunting or fishing trips is standard in subcontracting.
- These trips should be a thank you without expecting the contract regardless of price or quality.
Hold Leaders Accountable Regularly
- Hold leaders accountable with a regular meeting rhythm to discuss progress and issues.
- Support and mentor leaders by removing roadblocks and investing personally in their growth.
Avoid Restrictive Government Contracts
- Avoid contracts that let the government control wage rates and burden your business.
- Focus on private sector contracts to maintain control and adapt quickly to market conditions.
