Doing Business by the Good Book Introduction

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Questions and Answers

What motivated the founder's confidence in succeeding with World Wide Technology, Inc.?

Support from family connections

Wealth of business experience

Faith in God (correct)

Industry partnerships

Which factor did the founder mention as a challenge in starting his company?

Insufficient marketing strategy

Competition from established companies

High failure rate of start-ups (correct)

Lack of technological knowledge

What does the founder recall from his childhood regarding societal issues?

Experiences of segregation and racial tension (correct)

Discrimination was minimal in his small town

Life was more accepting without racial tensions

Opportunities for African-Americans increased dramatically

What lesson did the founder learn from his mother regarding negative feelings?

They are self-destructive and a waste of time Signup and view all the answers

What legacy did the founder inherit from his family according to his reflections?

Wholesome values and strong faith Signup and view all the answers

What does the author credit as a significant source of motivation in his life?

The support of his wife, Thelma Signup and view all the answers

Which biblical principle does the author emphasize for achieving success in business?

Serving and loving others Signup and view all the answers

What story does the author use to illustrate the concept of results in business and faith?

A minister and a taxi driver Signup and view all the answers

What teaching from Luke 12:48 did Thelma remind the author of regarding their commitment to the Sunday school class?

Much is required from those who have received much Signup and view all the answers

How does the author view his company in relation to his faith?

As a platform to serve God Signup and view all the answers

What was the initial feeling of the author and Thelma regarding the commitment to teach a Sunday school class?

Skepticism and concern about time commitment Signup and view all the answers

What approach does the author believe is essential for working with employees, vendors, and customers?

Applying biblical teachings Signup and view all the answers

What outcome does the author associate with adhering to the principles he discusses?

Prosperity and rewarding experiences for others Signup and view all the answers

Which of the following scriptures is cited to affirm the author's beliefs about blessings for those who follow God's ordinances?

Deuteronomy 7:12–13 Signup and view all the answers

What does the author ultimately find most rewarding in his business?

Knowing that his employees are prospering Signup and view all the answers

Study Notes

Business Founded on Biblical Principles

Founder, David, wanted to create a company based on biblical teachings.
Founded World Wide Technology, Inc. in 1990.
Started with limited capital, a high-risk venture.
Experienced entrepreneur, despite initial lack of proven success.
Confidence stemmed from faith in God, not past achievements.

Facing Challenges and Obstacles

Faced racial prejudice, criticism from both white and African-American communities.
Grew up in racially tense 1960s, experiencing segregation firsthand.
Determined not to harbor negativity, following mother's advice to avoid bitterness.
Strong family values, learned from hardworking, God-fearing parents.

Family and Faith

Supported by a loving family, including parents and grandparents.
Raised with a strong foundation in the Word of God.
Blessed with a supportive wife, Thelma, whose faith and encouragement were crucial.
Undying desire to make a difference, motivated by family and employees.

Success Attributed to Faith

Success viewed as a miracle, credited to God's grace.
Believes adhering to biblical teachings leads to rewards and prosperity.
Quoting Deuteronomy 7:12-13, emphasizes the importance of following biblical guidelines for blessings from God.
Jesus' teachings on serving others are applicable to all aspects of life, including business.

Business Practices Guided by Faith

Maintains a principle of loving and caring for others, providing value and service to customers and employees.
Encourages employee success, providing opportunities for advancement and prosperity.
Company considered a ministry, serving God through business practices.
Using company as a platform for sharing God’s teachings.

The "Doing Business by the Book" Class

Started by Founder and wife in response to their pastor's vision.
Followed biblical principles to lead the class.
Attendance and reception are very positive.
Including business leaders, government officials, and members of the clergy.

Belief that blessings are gifts from God, to be shared.
Giving example of tithes as a form of sharing.
Sharing experiences in the Doing Business by the Book class to inspire others.
Encouraging others to share their blessings and support one another.

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Description

Explore the journey of David, founder of World Wide Technology, Inc., who aimed to establish a company based on biblical teachings. Despite facing challenges like racial prejudice and limited initial capital, his unwavering faith and strong family values drove him to succeed. This quiz delves into the intersection of business, faith, and perseverance.