Can A Billion Dollar Business Be Built Without Being A Fraud?

Kaustubh Katdare

Kaustubh Katdare

@thebigk Oct 26, 2024
People usually believe that any successful businessman, who's accumulated lot of wealth through his/her business has done it through illegal means. I'm generalizing, of course. But that's exactly what people feel when they see a person making big bucks through business. Do you think a billion dollar business can be built without being a fraud or without cheating anyone? Your candid opinion, please?

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  • PraveenKumar Purushothaman

    PraveenKumar Purushothaman

    @praveenkumar-66Ze92 Dec 20, 2011

    Do you feel that buying something for X cost and selling it for 1.5X cost is fraud? If so, then it is being fraud. Generally business evolves this way. We order stuffs in bulk for a cheaper price and sell it to our customers, with some handling of ours so that it becomes slightly unique or better than the original, in an enhanced way. But, other than this, getting the business out of cheating may be the cheapest way, but in the course of time, people might lose trust, when it is in light! 😔