{"id":874,"date":"2011-11-08T10:52:07","date_gmt":"2011-11-08T15:52:07","guid":{"rendered":"http:\/\/www.myfinancialfocus.net\/mainsite\/?p=874"},"modified":"2025-08-24T06:39:00","modified_gmt":"2025-08-24T10:39:00","slug":"book-review-doing-virtuous-business-by-theodore-roosevelt-malloch","status":"publish","type":"post","link":"https:\/\/www.myfinancialfocus.net\/mainsite\/index.php\/book-review-doing-virtuous-business-by-theodore-roosevelt-malloch\/","title":{"rendered":"Book Review &#8211; Doing Virtuous Business by Theodore Roosevelt Malloch"},"content":{"rendered":"<p>This book made me struggle.  It was a struggle to stay in it.  Unlike what I expected from what I thought a spiritual book, this book was much more like a text book.  Great nuggets throughout, but hard to stay involved.  The material and examples, although, were very relevant to the theme of the book.<\/p>\n<p>The author expands on the virtues required to build wrong leaders and businesses.  These virtues can equal success &#8211; not necessarily financial success, but also not limited to financial success.<\/p>\n<p>Compasion, perserverance, gratitude, courage, respect, and so many more &#8211; virtues for a successful business.  So many companies are described that had those basic virtues.  While not all of them, Johnson &amp; Johnson, Chick-fil-a, Cummins, and more were shown as examples of virtuous businesses.<\/p>\n<p>One of my favorites and a great take-away from the book was one virtue &#8211; gratitude.  An example was Truett Cathy and the company he founded, Chick-fil-a.  Being grateful with words of &#8220;thank you&#8221; and &#8220;it&#8217;s my pleasure&#8221; are things that are overlooked by many businesses today large and small. \u00a0Those small statements, when meant sincerely can have a huge payoff.<\/p>\n<p>The author made a statement that for me, while deep in the book, set the tone &#8211; &#8220;This book has not been about the pursuit of wealth, but the obtaining of it.&#8221;  Wealth is not always money.<\/p>\n<p>One interesting fact was that Johnson and Johnson&#8217;s early mission was to &#8220;put the customer first and shareholders last&#8221; while being &#8220;governed by fairness and the grace of God.&#8221; \u00a0Later on that very same page, the author points out that Johnson &amp; Johnson &#8220;has never posted a loss in its entire 120-year history&#8221;. \u00a0Coincidence?<\/p>\n<p>Small, medium, large &#8211; every business owner needs to read this book.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This book made me struggle. It was a struggle to stay in it. Unlike what I expected from what I thought a spiritual book, this book was much more like a text book. Great nuggets throughout, but hard to stay involved. The material and examples, although, were very relevant to the theme of the book. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-874","post","type-post","status-publish","format-standard","hentry","category-book-review"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Book Review - Doing Virtuous Business by Theodore Roosevelt Malloch - Financial Focus<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.myfinancialfocus.net\/mainsite\/index.php\/book-review-doing-virtuous-business-by-theodore-roosevelt-malloch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Book Review - Doing Virtuous Business by Theodore Roosevelt Malloch - Financial Focus\" \/>\n<meta property=\"og:description\" content=\"This book made me struggle. It was a struggle to stay in it. Unlike what I expected from what I thought a spiritual book, this book was much more like a text book. Great nuggets throughout, but hard to stay involved. The material and examples, although, were very relevant to the theme of the book. 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