Anti-Wall Street

April 24th, 2009

Forbes has just wrapped a series on the unexpected business acumen of Trappist monks. Most Trappist monasteries remain sustainable by running small businesses and selling simple commodities (or fantastic beer). And contrary to what you might expect from a few elderly monks selling cartons of eggs part-time - they’re raking it in.

This is mostly shocking to the author for two reasons. 1. The monks obviously do not fit the profile of successful businessmen (i.e. they are not short-selling junk bonds). 2. They are nice. It’s sad, but it seems that in the self-reflexive world of Wall Street, an act of kindness as simple as passing a lunch tray can be an out-of-the-box leadership building experience.

The author continues to break down what he sees as the seven “business secrets” of Trappist monks and reminds us that a business and a brand functions best when everyone is driven by the same lofty goals, in this case, “service and selflessness.”

A few years ago, an article from Forbes reminding readers of the importance of “service and selflessness” would seem at the very least disingenuous and definitely obnoxious, particularly when next to full-page ads for expensive cars and unaffordable condos. But today it comes off as pretty solid advice. It’s worth a read, whether or not your yacht has been seized by the government.

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