Lesson #4: “Stick to the scriptures in business decisions”
Article Overview: Chick-fil-A’s business purpose statement reads: “To glorify God by being a faithful steward of all that is entrusted to us. To have positive influence on all who come in contact with Chick-fil-A.”
Free Download - S. Truett Cathy Quotes By S. Truett Cathy
Lesson #4: “Stick to the scriptures in business decisions”
Chick-fil-A's business purpose statement reads: "To glorify God by being a faithful steward of all that is entrusted to us. To have positive influence on all who come in contact with Chick-fil-A."
That statement was placed on a large plaque in the company's headquarters, as well as at each operator's outlet. Indeed, as a devout Christian who has taught Sunday School for over 50 years, Cathy has kept his religious values an important part of his business.
One of the most significant ways of doing so has been by refusing to do business on Sundays, much to the chagrin of several partners.
"Why do we close on Sunday? Well, it started back in 1946 when I opened my first restaurant, a 24-hour coffee shop called The Dwarf House," recalls Cathy. "After the first week, I determined that if it took seven days a week to make a living, I should be in some other business. Too, it was my conscience that I had to live with; I just never could come to the idea of dealing with money on the Lord's Day. I became a Christian at age 12; that's not to say that everything I've done since that time is becoming to a Christian, but I believe the Lord had blessed us because we recognize Him on this special day we call Sunday."
In 1982, a mall developer offered to donate $5,000 to a church of Cathy's choice for each Chick-fil-A restaurant that was open in one of his mall on Sundays. Cathy, however, refused, saying, "Thank you for permitting us to close on Sundays. We're doing business on your premises and you did not have to make an exception. Because of this, we'll pledge to you exceptional performance during the six days we are open."
Despite his own beliefs, Cathy does not mandate that all his employees be Christians, but he does say this: "We ask that you make your business decisions based on biblical principles. There seem to be no conflicts when we tell people of various faiths how important it is to stick to the scriptures in business decisions. In the scriptures we learn how to handle our business, how to give customers good service and how to treat employees."
Cathy does note, however, that the company's religious orientation does attract a certain type of employee more than others.
"We find closing on Sunday attracts those people who give attention to spiritual growth and are family oriented," he says. "The fact that we have Sunday closing helps attract quality housewives and young people as employees."
In addition to closing on Sundays, Cathy also encourages community service and leadership development among his employees. Cathy has even given out over $18 million in $1,000 scholarships to eligible students.
"The restaurant business gives us a wonderful opportunity to mentor young people and help guide them toward adulthood," he says. "Hundreds of thousands of teenagers have worked at a Chick-fil-A restaurant and I like to think we have been a positive influence for each of them."
Related Forum Posts Your Riskiest Business Decision
- Greetings All
I was just thinking about my own Graphic Design business and how I've made risky decisions in the past. One of these decisions involved taking on a long term, full time contract at the expense of losing new and existing clients for the next 2 years, as well as having to satisfy existing clients on the weekends. Would the contract kill my entire freelance business after 2 years? Would it be worth it?
As I'm nearing the end of the 2 year contract and I would have to say that it's paid off. This is because I managed to run my own business on the side (weekends) to retain most of my existing clients so when/if I decide to go back to full time freelancing I won't have to start from the beginning again.
In saying this I would like to know of any risky business decisions that you have made and whether it paid off or not? My 2 year contract decision did pay off but I also lost two good clients because I did not have the time to efficiently satisfy their requests.
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- [quote="Evan":kxm5e9jd][quote="tobuso":kxm5e9jd]I keep saying this but I have to say it again. I dont like partnerships. Any family money should be a know donation to you before hand. Borrowing from family is one of the worst most stressful things you can do.
I would have to know more to give any real advice but be careful with partners. If you do decide to take on a partner make sure you get a good business attorney.[/quote:kxm5e9jd]
It sounds like you've been burned in the past by partnerships Philip![/quote:kxm5e9jd]
I follow Dave Ramsey when it comes to money and business. If you take no loans it takes longer to get there but when you make decisions they are the best most thought out that they can be. When you make decisions leveraged out to the max they are usually not the right decisions long-term. If you take on a partner 50/50 you have to think about everything. What if they die? What if they sue you for not doing your part? What if they embezzle? There are a million of these questions when you have a partner. Loans are OK but I would still be very weary and make sure you KNOW not think but KNOW you will make a multiple based ORDERS before you take a loan.
Re: Ridiculous Ideas That Made Millions
- Dear GT Bulmer,
Great post and a super article.
Good advice on investing especially "Stick to your strengths"
Invest in a business you understand. For example a lumber jack would see a good tree cutting tool.
He wouldn't understand the next fashion trend in women's high heel shoes.
For our inventors invent in a business you understand.
If you see a need. You may see an invention.
Re: Secret Success of the Coin Toss
- Pro-athletes are masters of making split decisions.
They don't have a lot of time to think, but they
are forced to make a play.
And, they practice all year long to make the
one catch, one shot, one goal, one hit....
Their effort, hours and hours of effort get finally
rewarded during these moments.
Kind of the professional athletes. I think we can
all be diligent in our professions and it will lead
us to know what to do and say when
we must make tough and hard decisions.
All of the sudden, we'll even know which side of the
coin it'll flip to.
How Important is Feedback in eBay?
- Just a couple of questions to answer about eBay purchases that may help people make decisions about eBay decisions......
1. Have you made eBay purchases?
2. Was the seller's feedback important?
3. Do you sell on eBay?
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I have bought and sold on eBay. I do consider feedback scores. And I do worry about feedback left for me.
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