Professional Ethics

When it comes to business, there are very few people following good ethos.

Who is an Ethical Business man?

If a person is free from any of the following bad ethos, I define him to be an Ethical Business man.

Bad Ethos:

- Money minded at any cost

For eg. Selling spurious products

- Cheater/ Liar

For eg. Selling a Rs. 200 carpet for Rs. 450

- Different treatment to different customers

For eg. Selling a pair of socks for Rs. 20 to one customer and Rs.15 to another customer.

- Self centered/ Individualist

For eg. Selling a alternate drug instead of the prescribed one knowing it is more powerful dosage.

You would wonder why all the sudden I speak more about ethics here.

This blog is to acknowledge a petite business man who possess good moral values in doing his business. We met him last week on the streets of road side shops(like Ranganathan street) @ Karol Bagh, Delhi. He was selling woolen socks. My dad got 4 pairs of socks from him for Rs.100. After the transaction, we moved to the next shop. After we left, another Tamil customer had a tough bargain with him and demanded the same 4 pairs of socks for Rs. 75. He was not ready to lose this customer and at the same time he also wanted to be loyal to the previous customer. Finally he made a win-win decision and offered 5 pairs of socks for Rs.100 to this customer. But the deal is not over yet. He voluntarily came to my dad and handed over the 5th pair of socks. We were really electrified seeing his honesty.

P.S

We saw many kinds of people(Delhi wallas, Bengalis, sikhs, few south indians) selling their goods at Karol Bagh. One interesting find is that Sikh people are genuine and they dislike bargaining.