Never compromise your values

The speaker shares their experience of starting a business at 17 in New Zealand, fixing gadgets for elderly people. A moral dilemma arises when they attempt to overcharge a wealthy client, leading to a realization about the importance of honesty and integrity. This experience shapes their commitment to never compromise values in future endeavors.

What motivated the narrator to start their first business?

• A family tradition of entrepreneurship

• A desire to help the elderly with their gadgets

• A new television station opening

• A need to earn money for college

What was the primary service offered by the narrator in their first business?

• Offering home security systems

• Providing cable subscriptions

• Repairing and setting up VCRs and televisions

• Selling new televisions

What was the narrator's initial reaction when they decided to double the price for a wealthy client?

• Confidence in their business skills

• Fear of losing the client

• A sense of guilt and realization of compromised values

• Excitement about earning more money

What lesson did the narrator learn from the experience of overcharging a client?

• The importance of setting high prices

• The need to be more persuasive

• The value of honesty and integrity

• The benefit of targeting wealthy clients

How did the narrator's experience with the wealthy client influence their future business practices?

• They became more cautious in pricing

• They expanded their business to other towns

• They committed to never compromising their values

• They decided to focus on high-end clients