Building Wealth Ethically: 4 Ideas You Should Consider About the Link Between Ethics and Money

There are a lot of negative ideas about wealth generation and becoming rich

. People with that entrepreneurial drive and focus on building wealth are often snickered at by friendsor maybe even chastised by otherswho think that they have a single-minded focus in this world. And that focus being money, there is something about them that is shady or sinful.But these ideas about money are often very far from the truth. The normal process in the mind of a capitalist or entrepreneur is a constant desire to add value to the world...and yes, profit from that. And when one creates value in order to make profit, there is nothing wrong with that. It is the driving force behind all human progress.If this thought appeals to you, here are 5 ideas about building wealth you should think about as well.1. Create Value for OthersThe first idea is the entire concept of money itselfsomething that most of us forgot long ago. We went on telling ourselves that money didn't matterthat it was even badall the while spending our every waking moment letting it rule us. Our whole world and reality depend on it, and without it we are doomed.The reality is that when you create value for someone, they give you money. It's as simple as that. And if you don't create value, they don't give you money, and you end up broke and wondering why you have nothingwhy life is always so hard.When you're broke, the truth is simpleyour value account is off balance. You are not doing enough to contribute to other people, they are not paying you, and thus your life is devoid of value. Find ways to create solutions for other people, and you can get this account back in balance as you are building wealth.Nobody loses.2. Your Beliefs Decide Your Level of SuccessMost people do not have success because they don't actually believe it's possible for them. They may meekly say, "Sure, it's possible," but you can almost hear their thoughts following this with, "I think..." They tell themselves they believe, but they never take the time to believe with all their heart.Changing your belief is not easy. If it was, all the people in your life would be constantly changing and growing, but I'm sure you've noticed people tend to stagnate and stay the same, even if it makes them miserable.A good way to create belief is to find proofspend time reading biographies and memoirs about other successful people and their journey to building wealth, and watch your perception of what is possible change over time.3. Decide to Gain Your Wealth in An Ethical MannerOne of the biggest lies ever told is that it takes being unethical to become richor even that becoming rich makes you unethical. There are plenty of ways to create wealth without hurting people, and in fact, if it's creating value that draws wealth into our life, it follows that most people who build wealth are creating tons of value for the world.The choice of how you do it is yours, but I venture the ethical route is not only the right one but the easier of the two.4. There is Enough Money for EveryoneMany people feel wealth is finitethat there is only so much opportunity for profit in this world. This idea is one of the big ones that lies behind this idea of money being evil. Because people feel like if someone else has money, that's part of the reason they don't, and that if they accumulate wealth, they are taking it from a "pool" of money that everyone draws from.It's a ridiculous notion. There are plenty of ways to add value to the world, and every new profit-generating idea creates more. Every value-added service or system creates a host of new jobs and opportunities for catering to a new niche.The process of building wealth creates more opportunities for other people, and there is plenty of it for everyone. You just have to decide to go get some for yourself.

Building Wealth Ethically: 4 Ideas You Should Consider About the Link Between Ethics and Money

By: James Druman

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