There are rules in business, just as there are rules in any area of society. Break them at your peril. What you have to bear in mind is that the rules of business aren’t always enshrined in law. You can go Maverick without breaking the law, although you still may raise a few eyebrows. In this guide, we’re going to show you how to break the rules in business without breaking the law.
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1. Does it Break the Law?
This is the first step to doing anything in regards to smashing up the rules. Find out whether what you want to do will break the law. There are so many online resources regarding this in relation to every issue, so you have no excuses here. If your issue is quite a complex one, you may even find it worthwhile consulting professional legal help.
2. You Know Enough to Make it Work
It’s easy to look at someone who breaks the rules of business and think they’re attacking the problem with everything they have and no real direction. This isn’t the case when it comes to the more successful people in business. They know everything about their problem and their proposed solution. There is some method to the madness.
Make sure you research beyond the legalities of your solution. Make sure what you’re doing can work because it can backfire if executed incorrectly.
3. What Are the Consequences?
Study the consequences.
Business rules don’t necessarily have the backing of law, but that doesn’t mean you can break them easily. It works in the same way as social etiquette. You can’t break every rule without suffering some sort of consequence in return.
You need to weigh up whether these consequences are worth the results. It’s easy to alienate and irritate people by doing what you want without regard to others. Weigh up the consequences against the potential benefits to discover whether what you want to do is worth it.
4. Assess the Effects on Yourself
There’s a moral and ethical argument to breaking the rules. Most of us have a set of morals and ethics. Admittedly, they’re all different. You’re never going to get two people who align with each other on exactly the same issues to precisely the same extent.
Look to your gut. Does something feel wrong? If it does, you have to think about whether bringing the rules in this way is right for you. Something that doesn’t break the law may still break deeply held moral conventions. A lot of people aren’t prepared to compromise their beliefs for success in business. That’s not a bad thing. It’s a personal decision you have to make.
We have to think about what these business rules are. They can be anything from not stepping on a specific company’s toes to not directly competing in a certain area. People make these strategic decisions all the time. One company in the same sector may agree with another company to go in separate directions to avoid direct competition. This isn’t a legal issue. It’s a gentleman’s agreement. If you choose to break such agreements, you must prepare for the consequences.
In conclusion, taking risks is part of business. Sometimes you will have to go in another direction and straddle the line between keeping to the rules and breaking the rules. Just remember that there are rules to breaking the rules. If you’re known as someone who doesn’t take into consideration the needs of other people, it could come back to bite you.
This is where planning really proves its worth!