1) Connections and Friends: One of the most important aspects of business and happiness is having a strong network of people whom you are able to depend on. The people who mentor you, are a shoulder to lean on will help create a successful path for you in business.
2) Abstaining From Substances That Cause Intoxication: This applies to two aspects of business life. Not only must the business person conduct all of their business practices while sober and in a clear state of mind but also in the products which they associate with. When you are business consulting or conducting business in line with Buddhist ethics you must not sell products which could cause intoxication. This also goes towards the broader areas of business such as marketing and public relations. Anywhere along the supply chain from creation of the intoxicating substance, to the branding, to the logistics of how the product gets to sale must be abstained from.
3) Don’t Lie: In accordance to Buddhist ethics you must not speak false words. This is true for what you say casually to those around you as well as for your business dealings. I am sure you wouldn’t find any buddhist Thrower & Schwartz lawyers out there in the world. When involved in marketing of a certain product some firms will inflate their product’s capabilities, this is not acceptable in accord to Buddhist ethics. You must also abstain from leading people to believe they are getting a better bargain or deal than they actually are which can be commonplace in modern day businesses.
4) Balance: This can often be seen on popular business blogs as work-life balance however it is more specifically meant to address your spending habits. With Buddhist business ethics balance is key. You mustn’t live to luxuriously or too frugally (depending on what you make). It is important not to over or underspend what you make. Moderation is the key to success and happiness for those who practice Buddhist ethics in business.
5) Development: You must always be willing to grow. The transformation process is integral to growing in business and may require a business consultant. You mustn’t stay the same way as you were in the beginning or you will not succeed and will be outpaced by those willing to diversify and challenge themselves. It is vastly important to put value on your skill development so that you can become the best that you can be. Professional development will not only help you but also your company and those you surround yourself with.
6) Don’t Judge People: Sometimes in modern day business it can be all too common to judge someone’s goodness or quality based on their wealth or lack of funds. In Buddhist business ethics this must be abstained from. We must not see money as the end goal and you must certainly not place people’s value on their current financial situation. We must treat everyone equally no matter what they make or where they work. It is completely possible for a millionaire not to use his or her wealth to better the world and to have a middle manager making less than $80,000 a year who gives much of their time and salary to charities and good causes.