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The Foundation of Wealth Is Wisdom with Rabbi Daniel Lapin

The Foundation of Wealth Is Wisdom with Rabbi Daniel Lapin – 100

October 25, 2016 by Kirk Bowman 4 Comments

Daniel Lapin is best known as America's Rabbi. In this episode, we discuss his book Business Secrets From the Bible. In the first segment, he defines “ancient Jewish wisdom” and then defines business, money, and wealth from a Biblical perspective. During the next segment, we contrast the spiritual and physical nature of business. In the last segment, we explore attitudes of wealth and the consequence of each.

http://traffic.libsyn.com/artofvalue/100-The-Foundation-of-Wealth-Is-Wisdom.mp3

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The Definition of Wisdom

What is the most important thing you can share about pricing?

Business is too complex to have a single most important thing. One important concept is to focus on what you are delivering to the recipient. Become aware of the value you are creating for the other person.

What is ancient Jewish wisdom?

The Jewish people are disproportionally good with money because they have learned tips, tools, and techniques for handling money from the Old Testament. Business Secrets of the Bible was written to share that knowledge with everyone.

What is “business”?

Business is a person or organization that has customers.

What is money?

Money is a certificate of good performance. It is proof you have served one of God's children.

What is the definition of wealth?

“Rich” and “fair” do not have clear definitions because they are comparative. Wealth is similar. It depends on the context of the situation.

The Nature of Business

Why is business a spiritual activity, not a physical activity?

Because money is spiritual. It is an abstract metric of how much value is delivered.

What is the significance of 92 natural elements to business?

You can create the mission for a business by combining two other ideas. Almost everything you eat, drink or use is a combination of other elements or chemical compounds.

Why do you ask the question “How do you serve humanity?”

Because you do not work from a selfish motivation. You work to serve other human beings.

What is the relationship between morals and morale?

Morale is important because you cannot sell anything without a positive self-image. Morals, your perception of right and wrong, has a significant influence on your self-image.

What is the relationship between change and courage?

Most human beings like variety but resist change. Change is scary because it hurts. Courage helps embrace change despite fear.

What is the definition of courage? 

Courage is the ability to banish the instinctive reaction to fear and function using your head, not your heart.

The Attitude of Wealth

What is the opposite of the Hebrew word for wealth?

If you read the Hebrew word for wealth backward, it is the word “wicked.” The lack of money is the result of bad decisions you made in the past.

Why is it important to feel right about money, rather than think right?

Emotions influence our actions more than ideas. You need to sow financial wisdom in your heart, so it becomes intuitive.

Why is it important to have different words for “earning” vs. “winning” money?

Making and taking money are two different things. Winning is simply good fortune. Making is a deliberate action to earn money by serving others.

Why should you listen to the speaker at graduation with caution?

The most common advice is to find something you love for a living. Instead, find something to serve other people and learn to love it.

About Rabbi Daniel Lapin

  • Book – Business Secrets from the Bible
  • Website – RabbiDanielLapin.com
  • Podcast – Rabbi Daniel Lapin Show

Filed Under: Episodes

Comments

  1. Betsy says

    July 19, 2018 at 5:54 pm

    The whole talk is very strengthening, informative and has loads of usable ideas. Its a definite spring board to financial successs.

    I am very grateful to the universe for leading me here.

    Reply
    • Johan Coetzee says

      August 21, 2019 at 2:22 pm

      Yes I agree the information in this book could change a person mind.

      On Youtube there was a video about this book.

      I must admit I am exited ..to change my life.

      This book is the beginning of a new journey …

      The universe is full of energy !!!

      Respectfully yours

      Reply
  2. Johan Coetzee says

    August 21, 2019 at 2:06 pm

    Good day Rabbi Daniel Lapin

    I live in South Africa and I am interested in your book Bussines Secreats from the Byble.

    At age of 43 its my intention to serve the community in order to ad value to soceity and leave a legacy behind.

    Despite the fact that I am highly motivated its a shame that I have made many mistakes . Sadly I am poor , unemployed for 6 years but I strongly belief if I change my mind ,then my reality will change.

    There is a new world out there and its my priviledge to explore in order to move away from my comfort zone.

    Is it possiable to buy your book in South Africa ?

    I hope we could meet in the future if it is God devine will .

    God will provide all. I have to do is manifest my thoughts into action and exucute my plans for the good of God creation. God is my creator and I must serve him as my master for the good of humanity .

    When I become succesfull I will honour God name and stay humble.

    Do you have any prayer books in English ?

    Thank you for your time and consideration

    Respectfully yours
    Mr JC Coetzee

    Reply
  3. Eugène MASUMBUKO KIKA says

    March 29, 2021 at 11:56 pm

    Shalom Rabbi DANIEL. I’m writing from D.R.CONGO in central AFRICA. I’m a christian. I Love jews and Israel. I’m currentely reading and studyind two of your books: business secrets from the bible… And thou shall prosper… It’s the. I’m using wisdom from those books to start a commercial farm, a grocery. Thank you very much.

    Reply

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