Sunday, February 28, 2010

Honesty and Goodness Make Happionaire Business Sense!

Every now and then we hear about Ramalinga Raju and Madoff. I’m sure a lot of you also might have thought about this sometime or the other. Way back in school I would sometimes wonder about a few people who were extremely wealthy but might not be good or honest. They would be rude and arrogant who worked for them, indulged in all sorts of unethical activities and didn’t hesitate to cheat others. Corrupt politicians, drug dealers, the mafia and underworld, scamsters, etc.

At the same time there were so many people filled with goodness, honesty and a desire to work hard and were trying to hard to meet their daily needs. Why did God chose to give so much wealth to those who were corrupt and dis-honest, while punishing those who were honest, innocent and hard working?

I think over time, God tends to give answers to his children. Over a period of 15-20 years, I have seen that wealth obtained by cheating and unethical means never really brought happiness to those who go it. In some cases it disappeared once it went into the hands of their children, who got spoilt by bad habits. What is the use of having several houses all over the world, if your children are drug addicts and don’t even bother to know whether you are dead or alive? What might look like a very happy life to someone looking from the outside, in reality might be terrible. Wealth without happiness and peace of mind, is not wealth.

On the other hands, I have seen so many good, honest and hard working people grow over the years. All of them might have not become multi-millionaires (quite a few have in-fact) but most of them are happy and much wealthier than when they started out.

If you run a business, you will certainly know that in the long run and honest, ethical and good name always carry a premium. In the long run, you will attract more people and automatically grow. The starting might be slow, but just like a seed you need to spend sometime under the soil before you can grow into a strong tress. On the other hand being dis-honest and unethical is like having a large bunch of plastic and artificial flowers in the mud. Eventually people will discover your dis-honesty and will not want to deal with you.

Even when we buy a small packet of bread, we want to be sure that the quality is good and that it doesn’t harm the health of our family and loved ones. If even once you were to get bread that made you or your family sick, you will stop buying it and tell everybody you know how you shouldn’t buy it. I don’t mind paying Rs. 25 for good quality bread – but won’t pay even Rs. 5 for bad quality bread. Maybe in the short term people buy the bad quality bread because it is cheaper, but once they realize it is bad they will stop buying it.

This applies not just to business but everything. I don’t mind paying much more to a honest doctor who I trust, rather than going to a doctor who is known to have an unethical image - even for free I would never visit someone like that. If I had an airline, I would trust a pilot who is reliable and honest. I wouldn’t want a terrorist or an alcoholic to fly planes running into millions of dollars for me. Even if you are working for someone, it would be easier for you to grow in the organization if people could trust you.

The good news is that most people in this world are nice. Most people are honest and ethical. It is just that the few bad ones, constantly get highlighted in the media and over news. If over a 6 billion people on earth were all bad and unethical, imagine how many news channels we would need to cover them. There is a lot of goodness in the world, because we as humans know that in the long run goodness and honesty always pays. There are so many good things that have happened with each one of us, but how often do they get reported in the news? There is a lot of good in this world, which doesn’t need to be reported – it is taken for granted.

Human society is based on this fact. We co-operate and work together to do all sorts of things.

No matter what you are doing, you might feel tempted to make a quick buck now and then. Don’t give in to temptation, because God is just testing you. If you have given in to such temptation in the past, ask for forgiveness and change your ways. Have a little bit of patience and faith, you will be rewarded. Luck has a big role to play in many of the investments I have made – I guess luck is on your side when you are good and have blessings of people. Maybe after 500 years, some scientist will prove that you get luckier and luckier if you are good to people. They keep blessing you and that keeps adding to your luck. I wish people like Madoff, Ramalinga Raju and others understood this.

I would also like to wish all fellow Happionaires Eid Mubarak and a very Happy Holi. I am having a slight dilemma, I’m not sure if I should eat some Holi Ki Mithai (it is called Geir in Sindhi and Gujiya in Punjabi) or skip it. Advice would be appreciated!

Also take a break and stop reading so much about the budget. Good investments will always reward you – irrespective of the budget. Bad investments will always cause you to lose wealth, no matter how good the budget is. Keep smiling and have lots of fun over the weekend!

Yogesh Chabria


jasmeet said...

Beautiful words and I too sometimes have such thoughts. Eat the mithai Yogeshji.Happy Holi to all Happionaires!

Anonymous said...

I was really waiting eagerly for a new post from your end Chabria ji. Your words always make me smile and I too got too overwhelmed with this excessive media coverage of the budget. A good company will always be good.

I second Jasmeet. Go have the mithai. Happy Eid and Holi to all.


Amar said...

very gud article,

Dont give a second thought of skipping holi mithai. this is the age to have lot of sweets & mithai's because after you go old you will take mithai as medicine tablets (i mean mithai in small qty)

Wish you happy holi and Happy EID.
Best Regards

Naresh Pisharody said...

Yogesh Ji,Eid Mobaarak and Happy Holi. You have sweetened our minds and lets us have the privilege of asking you to sweeten your as well.

Thank you very much

Anonymous said...

simply superb good comments from a humanist i feel good pervails over evil-----respected friend ji i wait for this post of good values and nice stocks--thanks

--principal bhupinder retd

kiran said...

As Naresh and other said please have some mithai and enjoy Holi.

C.C.Gemini said...

If a Sindhi eat Geir and if a Punjabi eat Gujiya.....and later... keep skipping...

Anonymous said...

nice post. thanks.

Anonymous said...

I do think this is a most incredible website for proclaiming great wonders of Our God!

The Happionaire™ Blog said...

Thanks for the lovely advice - it was well taken and followed. Surprisingly every e-mail also told me to eat the mithai.

Yogesh Chabria

Satish Patel said...

Won't mop up gold or ditch US bonds: China

Yogesh, Kindly share your views on this.