Tag Archives: David Green

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Final Lessons From David Green Of Hobby Lobby

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This is my third and final post in a series I am doing on lessons we can learn from David Green, Founder and CEO of Hobby Lobby. Recently, I shared an article from The High Calling (a Christian blog community) which was an in-depth interview of David Green. Because the article was so long itself, I did not expound on it in that post. Instead, I am taking a more detailed look in this short series of posts.

David Green

David Green

As I said before, I have never met David Green. Maybe one day I will be able to meet him and learn more about his Christian approach to business! Until then, I will simply do the best I can by reading various articles (and soon, his book More Than a Hobby). As I do this, I will attempt to apply what I learn. I will also share it here on this blog.

In reviewing the interview article I mentioned above, I found what I believe to be 15 clear lessons for anyone attempting to integrate faith and business. Though each of us has different situations and challenges, I think you will quickly see that these lessons span across industries and business sizes.

I have already written two posts covering the first 10 of these lessons. Hopefully you have learned something (again or for the first time!) that you can apply to your situation. In today’s post, we will cover the final five lessons.

#11 – Be bold about your faith.

This lesson will likely contradict what some of us have been taught – don’t mix business and religion. However, I think you need to hear exactly what David Green is saying here. Hobby Lobby does not ask about beliefs when hiring. There is not a faith requirement for employment.

However, he is committed to telling everyone – employees included – about his faith. A Christian business is not one made up only of Christians. Instead, it is a business in which the leadership or ownership sees the eternal need in all of us and seeks to share the One that will meet that need!

#12 – Have a clear statement of purpose.

Does your business have a Christ-centered mission statement or statement of purpose? If not, have you thought through the benefits of creating such a statement? I would encourage you to take the time and seek God’s guidance in this area. I think you will be surprised at the results.

David Green mentioned the Hobby Lobby Statement of Purpose. This statement effectively answers the question, “Why does this company exist?” This statement not only serves as a great roadmap for determining strategic direction, but can also be used in making the tough decisions we face every day.

#13 – Trials are good for us.

Two statements that David Green made when discussing the tough times in 1985 stood out to me.

At that time, I learned more than I ever learned in my life.

I know I couldn’t handle all of the success today, if I hadn’t gone through that.

Folks, James tells us to consider it pure joy when we face trials. This is what he is talking about. David Green makes it clear that he is thankful for the trials. He knows the value they brought him. If we are willing to learn, God can do the same with us.

#14 – Recognize you are a steward.

I am not supposed to choose favorites among these lessons, but I think I might have to at least hint at this one! At the same time, I will resist the urge to take the next 45 minutes of your time sharing my thoughts on this subject.

The Bible says that the earth and everything in it is God’s. We do not own anything! This includes our businesses, regardless of what the stock certificates may reflect. As a result, we are merely stewards of these businesses for the time God gives us. As stewards, we should be asking how God would have us use them for His glory and eternal impact.

David Green and his family have gone to great lengths to make sure this is clear among them. If you noticed, he described how the company is technically in their names, but they have all agreed (and signed) that they have no rights to any money from the stock. They earn their compensation through whatever jobs they hold – not through the value of the stock.

Whether you are willing to go to this length or not, you truly need to recognize that you do not own your business. Begin the mental and emotional process of acknowledging this fact to God and see what He does. I think you will be amazed.

#15 – Trust in God.

Though the above lesson is my favorite in the bunch, this one trumps them all. If you are not able to apply this lesson, then you will not be able to stick it out with any of the others for very long. For you to truly live out any of these other lessons, there are some basic assumptions you must accept first.

    God is good.
    You are a child of God.
    God has your best interests in mind.
    God is perfectly faithful.

If you will accept these truths in your heart, then you will KNOW that you can trust God. When you trust God, you will follow His lead regardless of the apparent consequences – even when others may be advising you in a different direction. David Green made decisions against the advice of some Christian professionals because he knew clearly what God was asking him to do. That is trust!

What lessons would you add from the article?

Which one(s) stands out to you?

What actions do you need to take as a result of these lessons?

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More Lessons From David Green Of Hobby Lobby

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In a recent post, I shared an article from The High Calling (a Christian blog community). The article was an in-depth interview of David Green, founder and CEO of Hobby Lobby. Because the article was so long itself, I did not expound on it in that post. Instead, I am taking a more detailed look in a short series of posts.

David Green

David Green

While I have never met David Green, based on the articles I have read, there is plenty there is plenty we can learn from him! In fact, the more I read about the Hobby Lobby story and David Green’s leadership, the more I want to model our business after his. Hopefully you will learn something from this short series of posts as we dig a little deeper into Green’s story.

In reviewing the interview article, I found what I believe to be 15 clear lessons for anyone attempting to integrate faith and business. Though each of us has different situations and challenges, I think you will quickly see that these lessons span across industries and business sizes. In my last post, I took a look at the first five lessons I saw in the interview article. Today, we will review the next five lessons.

Let’s dig right in!

#6 – Learn from mistakes

I bet you have never heard this one before, have you? I know this is supposed to be common sense, but I have not found it to be that common. Too often, we are guilty of repeating our mistakes. At least I am.

Note what David Green said when asked about learning opportunities. He talked about how his company almost lost it all when they stretched too far for growth. He did not dwell on this point, but I will.

They survived that time period, but made the decision that they would be debt free in the future. That is a huge decision that impacts virtually every other financial decision in a business. Sacrifices are made and “deals” are passed up that would require debt. This is no easy lesson.

By the way, what do you think David Green is saying about this decision after what we have been through the past several years. Regret? I don’t think so!

#7 – Simplify your priorities

Again, this is not rocket science here. We hear this a lot, but do we act on it? In many cases, we get so elaborate with our plans, for Christian ministry or business, that we tie ourselves in knots. We start out feeling great about our strategic plans, but before long we are confused and paralyzed.

Instead, David Green tells us that he and his company had three simple priorities for using their cash: pay tithes, grow, and pay debt. Folks, that is as simple as you get. No confusion here, just simple priorities (based on Scripture as well!).

#8 – Plan for the future

In addition to preparing for their future by paying down debt, David Green and company also made sure to set goals and budgets for their future.

I have heard many managers and leaders claim that forecasting and budgeting is too difficult given today’s uncertain business climate. I simply disagree. Sure, it is more difficult! But that does not mean we should not even try!

Even with the uncertainty, there is huge value in laying out the budgets and forecasts and the game plan to back them up. Make adjustments along the way as conditions change, but do not give up the planning altogether!

#9 – Take care of the people

If you will notice, Green spent twice as much time talking about how he is determined to take care of his people as he did in discussing his three uses of cash! That is significant. Without the people, there is no cash!

I am taking special note of this lesson myself. Based on the feedback I received in our recent employee focus groups, there are some areas related to this subject that we need to address.

Our goal here (for all of us) should be to base our decisions here on Scripture. There are many ways to view this subject, but I think it is important we start by looking at what the Bible says. More on this later.

#10 – Have stated personal life goals

David Green had three stated personal life goals: have a strong marriage, be successful at what he did, and for his children to serve God.

He later added two more: for his grandkids to serve God and to tell as many people as he could about Jesus Christ.

I have talked at length about LIFE planning on this blog. If you have followed my posts on this subject, you know that I am a huge proponent of taking the time to state these personal life goals. Some people may be more detailed or complex in their goals while others keep it simple.

Either way, this is not a lesson to skip over. I encourage you to take the time and start this process. I think you will be amazed at what God will do in your heart as you do.

What comments would you add to any of the lessons so far?

Have you learned similar lessons on your own? How?

Which lesson is one you need to act on now?

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15 Lessons From David Green Of Hobby Lobby

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In my last post, I shared an article from The High Calling (a Christian blog community). The article was an in-depth interview of David Green, founder and CEO of Hobby Lobby. Because the article was so long itself, I did not expound on it in that post. Instead, I will take a detailed look in this and the next couple of posts.

David Green

David Green

First, let me clarify. I have never met David Green and only know what I have read from various articles online. As with any topic you read about online, there is much we do not know.

At the same time, in the articles I have read, there is plenty of meat to chew on! In fact, the more I read about the Hobby Lobby story and David Green’s leadership, the more I want to model our business after his. Hopefully you will learn something from this short series of posts as we dig a little deeper into Green’s story.

Faith And Business Lessons

In reviewing the interview article, I found what I believe to be 15 clear lessons for anyone attempting to integrate faith and business. Though each of us has different situations and challenges, I think you will quickly see that these lessons span across industries and business sizes. Today, I will cover five lessons.

Let’s dig right in!

#1 – Be patient.

    Too often we look at someone like David Green and wonder why our business has not taken off like his. Why can’t our business be debt-free and giving away so much money at this point? Then, when we look closer, we realize his did not “take off” either!

    Reading the details in the article, I noticed that he borrowed the $600 in 1970 to begin making frames in his garage. The first retail store was not opened for another two years! Look at the patience it must have taken to keep working out of the garage for two years.

    We need to have the same patience with our businesses. We need to make sure we are doing the right things, but we should not expect overnight success. God is certainly capable of giving us overnight success, but He is more interested in our development and maturity as His children. Trust His timing.

#2 – Be willing to sacrifice.

    Did you notice that David Green’s wife worked for the business for the first five years without getting paid anything? He did not mention what he made, but I imagine it was not more than they needed for their bare necessities. Are you willing to do that if necessary?

    Frequently, we are all guilty of thinking that we are entitled to certain luxuries or benefits. We are almost shocked when we realize we may have to give up something we love if we want our God-given dream to continue. We argue that we “deserve” whatever it is and we begin working hard on finding ways to keep it.

    God’s goal is not to see how low He can take us in our lifestyles, but He will test our hearts at times to see our reaction. We need to be willing to give up our earthly “treasure” for His will.

#3 – Follow Scripture.

    When asked about leadership lessons he had learned, David Green’s first response was to point to Scripture. Aside from that, he did not go into much detail about all of the ways he has applied Scripture in the business.

    However, if you pay close attention to what he says about his business principles throughout the article, you can see how closely it is tied to Scripture. From his talk about paying good wages, elimination of debt, and being bold about his faith, it is clear the Bible is his foundation for the way he runs the business.

#4 – Rely on prayer.

    Immediately after mentioning Scripture, David Green goes straight to prayer. He talks about how his team relies on daily prayer to determine their path. He goes on to say that God is the only one who knows the future and therefore they seek His leading in everything.

    As I have said before, this is the greatest resource we have as Christian business owners and leaders. We need to be committed to a daily discipline of seeking God’s guidance through prayer. This may well be our most important responsibility (that we cannot delegate).

#5 – Trust God’s will.

    Just seeking His guidance in prayer is not enough. We must be willing to follow His lead, regardless of the consequences! We must have a core belief that God has our best interests at heart.

    David Green mentions that God is always there to help them, even in the problems. They always come back to knowing He is there and wants to help them. If we will KNOW this and act accordingly, there is no limit to what He can do through us.

More To Come

Stay tuned the rest of the week for further lessons from the David Green interview!

Which of these lessons speaks most to you?

Which one is already part of your walk?

What do you need to do next to put these into action?

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An Interview With David Green Of Hobby Lobby

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David GreenWhen I started this blog, I had several purposes in mind. They are listed in more detail below. As I look back at these purposes, I think think I have stayed true to them over the past 14+ months. Yet there are times when I run across a resource that does a much better job of communicating these purposes than I can. One of these resources is an article about David Green, Founder and CEO of Hobby Lobby.

David Green Article

For today’s post, I am going to do something I have not done before. I am simply going to refer you to that article. If I thought I could do a better job communicating this idea of Christian business better than David Green of Hobby Lobby, then I would try. Since I cannot, I will just allow you to read it directly from him.

I encourage you to read the whole article, though it is longer than my normal posts. Even if you have to save it for later, I promise you it is worth the time and effort.

I hope you enjoy the article!

Article: A Candid Interview With David Green

Hobby Lobby Statement of Purpose: HobbyLobby.com

The Christian Faith At Work blog has several purposes…

  • Enlighten – I am writing this to open the eyes of Christian business owners and leaders everywhere to the fact that we are called to more than just Sunday Christianity. We are called to be disciples of His the rest of the week as well.
  • Educate – I am writing this to share what I have learned over the years and what I continue to learn going forward. I want to share resources that I have found to be helpful. I want come alongside others and learn with them as well.
  • Encourage – I am writing this to encourage others that have chosen a similar path to mine. Whether through relating my successes or failures, I hope other disciples of Jesus will draw strength, encouragement, hope, and wisdom from the content here.
  • Enlist – My hope is that, as a result of reading this blog (and more importantly listening to God), others will decide to take the same path. I believe this is my part in going and making disciples!