Ten Commandments for Making Money Learn From the Jewish People About Money and Business

why have the jewish people always been considered to be more successful in business than other cultures is the jewish phenomenon a myth or is there something special that allows them to be more successful at business and making money in general i believe there is in fact i've written a series of blog posts on the subject based on one of my favorite books in his best-selling book thou shall prosper ten commandments for making money rabbi daniel lapin answers these questions in a huge amount of detail he shows you what you can do to achieve the same mindset actions and results that have made the jewish people so successful over so many centuries in this video i'm going to cover the 10 things jewish people learn from an early age that sets them up for success in business and in life i wrote a very in-depth series of blog posts on these commandments that give you much more detail than you'll find in this video you can click the link in the video description if you want to get deeper into the commandments so let's get started with commandment number one you must believe in the dignity and morality of business you have to understand deep down that what you do for a living is actually an act of service for the world when you do work and you do it well you're being a benefit to yourself and you're helping other people as well it's a win-win for everybody whether you haul trash or the ceo of a major company when you make yourself available to other people you're more likely to succeed at whatever business you're engaged in commandment number two extend the network of your connectedness to many people now this commandment is all about networking in the book rabbi lapin says when you actively and joyfully interact with other people it sets the stage for wealth creation to take place people want to do business with people they know when you're genuinely interested in other people and cultivate a genuine relationship with them eventually some kind of transaction may result from that friendship but it's not about seeking a transaction it's about building genuine friendship with others commandment number three get to know yourself all of us are in business in one form or another and the better you know yourself the better you're going to be at serving others well you should take the time to develop the good things within yourself that make you worthy of doing business with others and eliminate the bad things that stand in your way and that means finding ways that you can build your character when you become a person of character you become someone that people want to admire get to know and do business with commandment number four don't pursue perfection or maybe another way to put it would be don't blame imperfection for your problems the government business the socioeconomic system and life are not fair you can't expect perfection from any enterprise that's run by human beings so because of that you have to realize there are always going to be crooked business people and politicians there will always be poverty and strife and there will always be any number of problems that can hinder you in life but it's up to you not to use those as an excuse to succeed in life and business commandment number five lead consistently and constantly the jewish tradition teaches that we're all leaders in one way or another according to jewish tradition a leader is simply someone who has followers and you can't be a leader if you don't have followers so that leads to the obvious question of how do you become a leader you become a leader by getting people to follow you and that's pretty obvious so that leads to the next question how do you get people to follow you the answer is you develop the character traits of a leader within yourself and then you step up when the opportunity arises an opportunity to lead could be becoming a spouse or a parent or it could be becoming a boss or a business owner or even a cool head in the crowd during a time of crisis the point is you should always be developing skills that will help you be a leader with to others and be a person that others will naturally want to follow commandment number six constantly change the changeable while steadfastly clinging to the unchangeable okay so what does that mean well it means that you have to strike a balance between what is steadfast and unchanging and those things which are always changing and moving forward in other words always be willing to change and progress but you should also remember that there are basic unchanging principles such as moral truths that should not be violated in the name of change innovation and change are necessary and make for a prosperous world but change that violates basic moral principles set forth by god will never bring the prosperity you're looking for commandment number seven learn to foretell the future okay now this one is not becoming some kind of fortune teller it's more about becoming a person who can make a reasonable prediction about the future by learning from the past it's about seeing what's going on now and spotting trends that'll help you predict the future developing this skill helps you succeed in business and in life because the more you can build a future income off the trends you're seeing now the better you're able to stay ahead of the curve compared to people and businesses that are satisfied with the status quo you won't always be able to predict the future with one hundred percent accuracy but the more you do it the better you'll get and over time that'll translate to more money in your pocket commandment number eight know your money obviously to be successful in business and life you have to know how to use money well the more you know how to make money work for you so you don't have to kill yourself working for money the more success you're going to have this means doing things like staying out of debt doing a budget investing your money and knowing how to understand financial statements the more you know how to speak the language of money on a macro level as well as a personal level the better decisions you're going to make that will propel you to even greater wealth and success commandment number nine act rich so this commandment is less about making money and more about giving it away in the book this chapter starts with the statement by rabbi lapin stating through the magical alchemy of money giving charity jump starts wealth creation it doesn't make a lot of sense in the natural but you would assume that when you give money away it's gone forever but jewish and christian tradition both teach you that when you give money away more of it will return back to you this is because giving money away opens up a direct channel for god to bestow his blessings upon you we were made in the image of god so when we give we receive the blessings god intended for givers like him in the end giving always increases the wealth of the giver so he can give again with an even greater capacity in the blog i'll show you a real world example of how that works just click the link in the description for this video to access the written content for all ten commandments for making money now for commandment number 10 never retire now that's a commandment that typically doesn't jive well with the normal first world mindset i mean everybody wants to retire one day right but think about it retirement is really a very modern concept that's really only taken hold over the last 60 years or so before that most people aspired to work as long as they possibly could but according to biblical concepts we were made for work and when we work we partner with the creator himself in the act of creation because of that you should view your professional work as an ongoing process with no expiration date when you no longer contribute to the world through work you deteriorate because the human psyche has a need to do useful work the more you stay in the game and stay engaged the more valuable you feel and the more valuable you are to others of course you probably don't want to be working 40 hours a week in some soul-sucking corporate job when you're 80 years old but when it comes down to it staying in the game in some way is valuable to you and others and it helps you live a longer happier more productive life so that's it for the ten commandments of making money as taught in one of the best books i've ever read thou shall prosper ten commandments for making money by rabbi daniel lapin if you want to be successful in money and business you need this book click over to the celebrating financial freedom blog using the link in the description for this video and you'll find information on how to get the book plus the epic series of blog posts that i wrote that go into much more detail than i've given you in this video and don't forget to subscribe to my youtube channel be blessed and celebrate financial freedom

Channel: Jason Cabler

Views: 52,006

Rating: 4.8229756 out of 5

Keywords: business, money, jewish, jews, ten commandments, rabbi lapin, daniel lapin, bible, christian

Id: dXRJ3sm-T5c

Length: 9min 20sec (560 seconds)

Published: Mon Nov 21 2016