Is Greed Bad?

One of the major reason I went into business for myself was because I found it totally unacceptable how so many businesses prey on people’s fears and dreams.  Big promises with nothing backing them up are an epidemic.
I always believed that you could climb to the top without selling your soul.  That’s why I’m a straight shooter.  I like to tell people what I’m about, what’s in it for them, and how I also make a living.  Transparency, honesty, integrity, and a commitment to giving back to those less fortunate all need to become a bigger part of business culture.  That’s why I only invest in companies that match my values, and I only do honest business where people know exactly where I’m coming from.  But depending on your background, some of you may be struggling with a moral dilemma. Is it even right to have a lot of money? Is it greedy?  Does it corrupt us to put so much emphasis on wealth?
We’ve all heard the  saying “The love of money is the root of all evil.” to which I would respond….don’t love money. Just spend it on what you do love.  Family, experiences, creating jobs, charity, legacy.  That’s what most people think of when they start looking into how to make more money anyway.  I have found that very few just want sit on a mountain of gold and count money all day long. Certainly not me.
I like Robert Kiyosaki’s take on money.  It’s not that money makes you good or bad.  It amplifies the type of person that you are.  Look how many lotto winners are broke within several years..  Look how many celebrities have destroyed relationships and drug issues.  If you have a void, no amount of money, love, friends, excitement, or drugs is going to fix that.  After a certain point, becoming a happy and fulfilled person tends to happen outside of your financial situation.
So do I advocate becoming rich?  Only if you can do it honestly and happily.  And nobody says you have to use any of these tools to become rich anyway.  If you really wanted to, you can take enough money to live comfortably and donate the rest to a cause you believe in.  More people do it than you think.
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About The Author

herbertkoehler

I am a college drop out who found my passion as an investor. I love the many facets of finance, investing, and business. But even more than that, I love sharing what I learn with others.

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