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The Ethics of Entrepreneurship: Balancing Profit and Purpose
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In this episode of the Sovereign Entrepreneur Podcast, host Danny DiBiase delves into the ethical dilemmas that every modern entrepreneur must face. How do you navigate the tension between profitability and purpose?
Drawing on the principles of conscious capitalism and the triple bottom line, Danny explores the importance of building a business that not only generates profit but also serves society.
With actionable insights on stakeholder orientation, conscious leadership, and creating a culture rooted in integrity, this episode is essential for entrepreneurs committed to doing what's right while growing a successful business.
IN THIS EPISODE YOU'LL LEARN:
00:00:00 - The Ethics of Entrepreneurship
00:02:04 - Navigating Ethical Dilemmas as an Entrepreneur
00:04:15 - The Four Principles of Conscious Capitalism in Business
00:06:30 - Conscious Leadership in Business Operations
00:08:32 - The Triple Bottom Line: Profit, People, and Planet
00:10:36 - Transparency and Accountability in Business Practices
00:12:37 - Ethical Decision-Making Framework in Practice
00:14:41 - Decision-making Process and Ethics
00:16:50 - Updating Your Code of Ethics
00:18:55 - Sign off and Inspirational Message
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