Success Does Not Mean Sacrificing Happiness for Big Profits

June 24, 2013
Hosted by Jordan Goodman

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Episode Description

Monks are known for living in silence and seclusion, but entrepreneur August Turak knows that they hold something of great value to the secular world—the key to business success. In his new book, “Business Secrets of the Trappist Monks: One CEO’s Quest for Meaning and Authenticity,” Turak tells the story of how he spent the past 17 years working part-time alongside Trappist monks as they ran high-margin businesses producing widely sought after commodities such as beer, eggs and exotic mushrooms. Turak started out searching for enlightenment but ended up with a lifetime of lessons that taught him that success does not mean sacrificing happiness for big profits. You can have both simultaneously. The monks break every rule of business 101 except one – commitment to quality – and therein lies the secret. Rather than obsess about profits and the bottom line, the monks succeed in business by practicing the idea of “service and selflessness.” And the profits always take care of themselves.

The Money Answers Show

The Money Answers Show

Monday at 12 Noon Pacific Time on VoiceAmerica Business Channel

Do you need directions to a solid financial future? If so, The Money Answers Show with Jordan Goodman will provide you with a roadmap to making smart money decisions in every area of your personal finances. Join Jordan every Monday at 12 PM/PST 3 PM/EST for The Money Answers Show, on the VoiceAmerica Business Channel. Learn how and where to get the best deals on mortgages, cars, and insurance; find out the best ways to save for college and retirement, get out of debt, improve your credit rating, and save on your taxes. The Money Answers Show with Jordan Goodman will provide you with great tips on investment opportunities in real estate, stocks, annuities, and other investment vehicles. That’s The Money Answers Show with Jordan Goodman on the VoiceAmerica Business Channel, every Monday at 12 PM/PST.

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Jordan Goodman

Jordan Goodman

Jordan Goodman has a mission: to help everyone do better with money. Since graduating the Columbia University School of Journalism in 1977, he has spent the past 32 years combing the country to find the very best ways to help consumers make and save money and then sharing these gems with the public. As a staff writer/reporter at MONEY Magazine for 18 years, a weekly commentator on NBC News at Sunrise and Public Radio’s Marketplace Morning Report, and through his 12, soon to be 13 highly respected books, and his website www.moneyanswers.com, he has provided useful, common-sense information to the public. Some of his better-known books include Fast Profits in Hard Times, Everyone’s Money Book, the Dictionary of Finance and Investment Terms and Master Your Money Type. Jordan is a rare combination: someone who possesses not only encyclopedic knowledge about every area of personal finance but also a passion for helping his listeners not only to get educated but to take action to help their dreams become realities.

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