The Business Secrets of the Trappist Monks by August Turak has been an unconventional business best seller. What makes the Trappist Monks successful? The short answer is that the monks have discovered an amazing secret: "It is in our own self-interest to forget our self-interest." A Trappist monastery is required to be self-sufficient, just like every successful business. Trappists are world famous for many products, e.g. beer. If the Trappists do not sell their goods, they do not eat. The Trappists have learned many lessons the hard way that are effective for every business, and have honed their business model for the past 350 years. This seminar will discuss the key lessons that are applicable to any business.
The_Business_Secrets_Trappist_Monks_Slides (3.14 MB) | 20 Pages | Available after Purchase |
Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (0.47 MB) | Available after Purchase |
Don Minges, MBA, is a fractional CFO who works in diverse industries at various development stages. His expertise is in profitability enhancement, strategic planning, venture capital, mergers & acquisitions, consulting, turnarounds, economic forecasting, cost accounting and financial analysis. Don has experience raising equity for several growing firms and has invested equity capital into promising businesses. He has served on the Board of Directors for many firms. He graduated with highest honors from the Fuqua School of Business at Duke.
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