Integrity and reliability

Li Ka Shing

Integrity means the firm adherence to what is right and proper to do. It is more about on what to do and who to be. Entrepreneurs with this trait will consider the welfare of others when they doing their business. Integrity refers to a general sense of honesty and reliability. Reliability means ‘fairness and straightforwardness of conduct. Integrity and reliability are the key factor for the entrepreneurs to be success. 

The example of entrepreneur who have this trait is Li Ka Shing. Through the reputation for remaining true to his internal moral compass, he was able to build a business empire which include banking, construction, plastics, and retail outlets and so on. In 1956, when he was in plastics business, he had promised a buyer for a six month production. But the competitor of the buyer offered him a higher profit but Li Ka Shing did not make a deal with the competitor because he already promised the buyer as his supplier and Li Ka Shing says that building the best reputation is important. Li Ka Shing treats peoples with honesty and sincerity. Li Ka Shing says that a single individual cannot accomplish much. “A single individual cannot build a company. It need the effort of many individuals to build a company. A company needs a good structure, employees and organization. If everyone works in concert, then you can success.” by Li Ka Shing.