265 Business Secrets of the Trappist Monks: how to find the power outside yourself to build your business with August Turak

August Turak is a successful entrepreneur, corporate executive, and award winning author who attributes much of his success to living and working alongside the Trappist monks of Mepkin Abbey for 17 years. As a frequent monastic guest, he learned firsthand from the monks as they grew an incredibly successful portfolio of businesses. Service and selflessness is at the heart of the 1,500-year-old monastic tradition's remarkable business success. It is an ancient though immensely relevant economic model that preserves what is positive and productive about capitalism while transcending its ethical limitations and internal contradictions. Combining vivid case studies from his thirty year business career with intimate portraits of the monks at work, Turak shows how Trappist principles can be successfully applied to a variety of secular business settings and to our personal lives as well. He demonstrates that monks and people like Warren Buffett alike are wildly successful not despite their high principles but because of them. Turak also introduces other "transformational organizations" that share the crucial monastic business strategies that are so critical for success. GOAL: One of his goals is to apply selflessness to the activities of his life and work. ACTION STEPS: He's accomplishing this by spending time writing, books, lecturing, and talking to others. QUOTES: "You need thing outside of your business" You got to have faith in something" "Start with the right people" RESOURCE LINKS: His Website His Books For more action steps and ways to learn how to take consistent and regular actions forward check out our "daily action steps for a champion" with me Anthony Witt tcepodcast.com/plan

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265 Business Secrets of the Trappist Monks: how to find the power outside yourself to build your business with August Turak is an episode from The Champion Entrepreneur | Conversations with champions who have built their success from the ground up.

This episode is 28:21 long.

This episode was published on Mar 7, 2016.

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