Here are 6 ways corporations act religiously:
1. They give generously from their company’s profits.
Manoj Bhargava, the reclusive founder and owner of the billion-dollar enterprise 5 Hour Energy, is a deeply religious man. He spent his twenties as a monk in India, traveling between monasteries on a spiritual quest. To this day, Bhargava spends an hour each morning in meditation, and he says that while he has “made a lot of money in the West,” he does “not believe in much personal consumption.” Bhargava has committed 90 percent of his company’s profits to charity, primarily to Hindu charities in India.
Bhargava predicts that over the next 10 years the company will give away over $1 billion to charity. Similarly, Christian brothers and business owners in Memphis recently gave their entire $250 million company away to their charitable foundation.
2. They are guided by their sacred texts.
Talia Mashiach is the high-powered founder of Eved, an e-commerce company. She is also an Orthodox Jew who draws upon her faith to lead her business and her employees. Eved now employs 50 people and processes over $80 million annually in transactions. Like many entrepreneurs, she experiences the tensions of integrating her faith with her business, but she gleans guidance from the Torah, the Jewish holy book.
Read it all.
(Faithstreet) Chris Horst–How Entrepreneurs Practice Their Faith Through Companies
Here are 6 ways corporations act religiously:
1. They give generously from their company’s profits.
Manoj Bhargava, the reclusive founder and owner of the billion-dollar enterprise 5 Hour Energy, is a deeply religious man. He spent his twenties as a monk in India, traveling between monasteries on a spiritual quest. To this day, Bhargava spends an hour each morning in meditation, and he says that while he has “made a lot of money in the West,” he does “not believe in much personal consumption.” Bhargava has committed 90 percent of his company’s profits to charity, primarily to Hindu charities in India.
Bhargava predicts that over the next 10 years the company will give away over $1 billion to charity. Similarly, Christian brothers and business owners in Memphis recently gave their entire $250 million company away to their charitable foundation.
2. They are guided by their sacred texts.
Talia Mashiach is the high-powered founder of Eved, an e-commerce company. She is also an Orthodox Jew who draws upon her faith to lead her business and her employees. Eved now employs 50 people and processes over $80 million annually in transactions. Like many entrepreneurs, she experiences the tensions of integrating her faith with her business, but she gleans guidance from the Torah, the Jewish holy book.
Read it all.