Facing a tough ethical dilemma

In this video, the speaker reflects on an early business experience where a fund management product failed during a market collapse, leading to client losses. Despite being entitled to fees, the speaker felt uncomfortable taking them due to ethical concerns. Persuaded by stakeholders, the decision to accept fees was made, which the speaker later regretted, feeling it damaged their reputation. The speaker emphasizes the importance of standing firm on ethical grounds and learning from past mistakes to make better decisions in the future.

What lessons did the teacher learn from the experience regarding business ethics?

In what ways did the teacher believe they could have acted differently in the situation?