Profit doesn't appear as the goal but as a side effect of pursuing motivating principles. Ted Malloch More Quotes by Ted Malloch More Quotes From Ted Malloch Capitalism is about the mutual creation of wealth rather than the pillaging of it. Ted Malloch pillaging wealth creation Taking faith seriously leads to the utility of altruistic behavior. Ted Malloch utility behavior Leadership, in other words, is a matter of character, not goals. Ted Malloch goal matter character Spiritual entrepreneurship is the unsung route to growth in the modern economy. Ted Malloch entrepreneurship growth spiritual Courage... is not a selfish attribute: it is only possible if you are pursuing a wider and more worthy goal. Ted Malloch attributes selfish goal When people freely identify with their work and find themselves through it, excellence follows. Ted Malloch excellence people Three cardinal virtues of business: creativity, building community, practical realism. Ted Malloch creativity community three Profitability is the consequence of doing business in the right way, to honor God. Ted Malloch profitability honor way The moral sentiments that constrain economic life also promote it. Ted Malloch sentiments economic moral Perhaps the most eloquent of the hard virtues is courage, the disposition to encounter adversity head-on and strive to overcome it. Ted Malloch encounters adversity overcoming Faith engenders courage; and also requires it. Ted Malloch One runs a business ultimately to do well so you can do good for everyone. Ted Malloch wells can-do running Adam Smith's image of competition in the marketplace was intended as an adjunct to his detailed description of human motivation in The Theory of Moral Sentiments , in which the pursuit of profit is tempered at every juncture by sympathy and benevolence, and by the posture of the "impartial spectator" which is forced on us by our moral nature. Ted Malloch competition moral motivation Caring for God's endowment in a thrifty fashion is a form of biblical obedience. Ted Malloch biblical fashion caring Discipline is the virtue that begins in obedience and flowers in self-control. Ted Malloch discipline flower self In the new conditions created by the global economy, the information revolution and the growth of smart technologies, it is more necessary than ever for all companies to be guided by their rich spiritual inheritance, as spiritual enterprises. Ted Malloch smart technology spiritual Business is the real test of the moral life. Ted Malloch moral tests real We prepare for success by acquiring virtues. Ted Malloch virtue The business virtue par excellence is honesty without it markets can't long survive. Ted Malloch honesty excellence long When all benefits are promised by the state, nobody need feel grateful for them. Ted Malloch benefits grateful needs
