A Good Name Destroyed…
August 22nd, 2007 | Michael Q. Pink
“A good name is rather to be chosen than great riches, and loving favor rather than silver and gold.” (Proverbs 22:1) A person with a good name is a person of character with a good reputation. A strong reputation will get you more opportunities than money will — and that’s saying something! And when you choose riches over character, the results can be devastating.
Case Study: The firm of Arthur Andersen was founded in 1913. Andersen was known for an unwavering faith in education as the basis upon which the new profession of accounting should be developed. He was a generous man of good reputation who headed the firm until his death in 1947. He once refused to sign off on flawed accounts of a local rail utility even, “…for all the money in America.” Andersen’s motto was “Think straight, talk straight” and everyone knew his reputation.
With that impeccable reputation, Anderson Consulting became the largest consultancy in the world. Then something happened. Their reputation was severely damaged due to their conviction for obstruction of justice in the shredding of documents relating to the Enron scandal. Though the conviction was overturned on technical grounds, this once mighty firm with 85,000 employees worldwide was quickly whittled down to some 200 employees based primarily in Chicago.
Moral of the story: Always choose a good name, (reputation) over riches. It’s worth far more!
For those of you who missed the first two conference calls with Eric Beck and me, you still have time to opt in for one of the last two calls. We are talking about an assessment tool that is like giving your business an MRI! There’s still time to register. Check here for details. Hundreds have already registered for this event. Why not join us? Did I mention it was FREE?
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August 22nd, 2007 at 11:08 am
Michael, you’re right on as usual. There isn’t enough money on earth to buy a “good name.” A good name only can be obtained by consistently demonstrating Christ-like character.
August 22nd, 2007 at 6:05 pm
It’s time for someone with the integrity of Ronald Raegan and a host of other former polititions, busines men and others who laid down their lives to serve this country, to step forward and YELL: ENOUGH IS ENOUGH. Let’s take America back from the liberals.
August 22nd, 2007 at 9:11 pm
Thanks Colonel!
It’s an honor to have you reading these emails. Appreciate your positive feedback.
August 23rd, 2007 at 7:26 am
Amen Michael. Once again God’s Word is true and holds up and is not outdated. We need more men and women not wavering from their convictions and what is right just for short term gains.