Book Review: The Legend of the Monk and the Merchant

I mentioned in a recent blog post that Dave Ramsey has a list of books that he requires all new hires to read within the first 90 days they are employed by him.  Because of Dave’s goals for ministry and stewardship, my husband and I decided that we would read through all of the books as well.  The next book I read is called The Legend of the Monk and the Merchant by Terry Felber.  I really enjoyed the connection that Felber made between those in ministry and those in business.  I have recommended the book to the director of our Business Academy at North Cobb Christian School as a great resource for her students to understand how their success in business can ultimately be a ministry.  I disagree with Felber on some of his theology, particularly in the area of his push towards a prosperity gospel.  However, if you read it as the fable it is meant to be, I think that leaders would get a lot out of this book.  He lays out 12 principles he believes are necessary for successful living and then makes an attempt to loosely connect them to Scripture.  The story is good and most of the principles would be great for any leader to focus on.

I highlighted several things while reading and have pasted them below…

  • Work hard and God will prosper you.  Deuteronomy 28:4, 28:12, 28:1
  • Financial prosperity is connected to soul prosperity. Jeremiah 29:11, Matthew 6:33, Luke 18:18-22, Luke 18:24-30
  • A man must do whatever he can to provide for his family, II Thessalonians 3:10
  • Trials develop your character, preparing you for increased blessings, Romans 8:31
  • Take responsibility for problems that are the result of your own bad decisions. Don’t displace the blame, I Peter 5:8
  • See challenges as stepping stones, not as obstacles.
  • Be meek before God, but bold before men, Matthew 5:5
  • Loaning money destroys relationships.
  • Live debt free and below your means, Romans 13:8
  • Always keep to your budget.
  • Set aside the first 10% to honor God, Malachi 3:8-10
  • Understand the power of partnership.

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